BITCOIN

Hexane

Scottex99 said:

Another Boomer. “Fiat is so reliable and controlled and safe but we really need to scale back on printing it when inflation gets to 9%.”

These guys will all be left behind 

I bet they are feeling very left behind right now, when several months ago you said (right here!) that BTC was going to $100,000 in "a few months". And since then all it has done is go sideways and also some downwards.

Still waiting... please buy some more of it. Kind of a bargain right now at just over $43,000

Scottex99

It will and I am. 

Cool

Adyinvestment

I found the below theory very interesting.

One of the largest financial companies in the world thinks countries will be forced to buy Bitcoin eventually.

Bitcoin adoption for countries is a 'high stakes' game and more governments will buy the cryptocurrency this year to stay competitive, Fidelity says | Currency News | Financial and Business News | Markets Insider (businessinsider.com)

That might bump the price up just a touch 

Zola.

Adyinvestment said:

I found the below theory very interesting.

One of the largest financial companies in the world thinks countries will be forced to buy Bitcoin eventually.

Bitcoin adoption for countries is a 'high stakes' game and more governments will buy the cryptocurrency this year to stay competitive, Fidelity says | Currency News | Financial and Business News | Markets Insider (businessinsider.com)

That might bump the price up just a touch 

Yep, game theory plays a massive part in the whole thing and the first couple of dominos have fallen..

Zola.

https://markets.businessinsider.com/news/currencies/bitcoin-rio-de-janeiro-mayor-invest-city-reserves-miami-cryptocurrency-2022-1

Adyinvestment

Zola. said:

https://markets.businessinsider.com/news/currencies/bitcoin-rio-de-janeiro-mayor-invest-city-reserves-miami-cryptocurrency-2022-1

I saw that and think it is great that Brazil are embracing crypto.

Emerging market countries seem to be all over Bitcoin and I can see why, where as a country like Tonga (looking like it will make Bitcoin a legal tender this year) will not ruffle many feathers, a country like Brazil with the 8th largest gdp in the world will surely make other countries take note.

RogerIrvine

Who are the fallen dominoes?

Care to explain that post about game theory supporting the takeover of Bitcoin, Zola? 
I'm very doubtful about that and articles like this don't help, I suppose:

https://www.theguardian.com/technology/2022/jan/15/trading-is-gambling-no-doubt-about-it-how-cryptocurrency-dealing-fuels-addiction

Zola.

RogerIrvine said:

Who are the fallen dominoes?

Care to explain that post about game theory supporting the takeover of Bitcoin, Zola? 
I'm very doubtful about that and articles like this don't help, I suppose:

https://www.theguardian.com/technology/2022/jan/15/trading-is-gambling-no-doubt-about-it-how-cryptocurrency-dealing-fuels-addiction

I don't disagree with that article really, exchanges are horrible casinos selling useless tokens for the most part.

The only crypto asset that will stand the test of time is Bitcoin. That is because it is the only actual decentralised crypto asset. The others are whats known as DINO (Decentralised In Name Only) - and are doomed to failure). It is simply too late for anyone else now, the temptation to be corrupt is too great for the creators, and it can never be done again in the way Bitcoin has come to pass. 

It's the only one that incentivises participation, regardless of who you are or status, It's the only one thats made wall street, or legal tender in a nation state (El Salvador). Cities are adding it to their reserves as you can see above. 

I could go on but there are endless books and blogs on the matter and its all been said before in this thread..

RogerIrvine

Do you know the total value of bitcoins in circulation?

Zola.

Here are some live stats..
https://bitcoin.clarkmoody.com/dashboard/

You can also run a node, such as bitcoin core, independently verify items for yourself, like transactions, etc