[–] [deleted] 0 points 7 points (+7|-0) ago 

[Deleted]

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[–] prairie 0 points 0 points (+0|-0) ago 

My distaste for cryptocurrencies is primarily their zealots who hail them like the second coming of Christ, unable to acknowledge their shortcomings.

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[–] immatureusername 0 points 0 points (+0|-0) ago 

Would someone please explain why buying crypto currencies over gold or silver is better or worse? I see it as gold and silver have a physical value. If shtf will i be able to use my crypto currency to buy or barter with?

[–] [deleted] 0 points 2 points (+2|-0) ago 

[Deleted]

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[–] go1dfish 0 points 1 points (+1|-0) ago 

Crypto is way more convenient than precious metals and can be easier/cheaper to secure.

If the communication grid is still up, spending bitcoin (esp in smaller amounts) is also way easier and more practical than precious metals.

Bitcoin is better if your country/economy is collapsing.

Precious metals are better in a situation where you expect full on apocalypse and nuclear winter.

Bitcoin being an experimental and new concept also runs the risk of potentially dropping to 0 (say if our fundamental thinking about crypto changes) in a way that precious metals are very unlikely to experience.

Bitcoin and other cryptocurrencies can enable all kinds of other interesting applications by nature of being digital as well, like making pepe's provably rare.

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[–] go1dfish 0 points 5 points (+5|-0) ago  (edited ago)

\o/

BTW /v/Bitcoin is a thing

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[–] l_voated_today 0 points 4 points (+4|-0) ago 

You can still buy some Dogecoin on the cheap.

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[–] revofire 0 points 2 points (+2|-0) ago 

Meh. I'd rather care about stable Bitcoin. The block chain is what we need to power the meta verse and such. Also it helps power the idea of a decentralized currency.

[–] [deleted] 1 points 2 points (+3|-1) ago 

[Deleted]

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[–] WatchListMe 0 points 2 points (+2|-0) ago 

I bought 100 bucks of Bitcoin 6 months ago. Just logged in to coinbase- now it's worth over 214 dollars

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[–] HungryCrow 0 points 2 points (+2|-0) ago  (edited ago)

HA MOTHERFUCKERS.

HODLERS ARE LAUGHING AT YOU NOW!

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[–] InDifferent 0 points 1 points (+1|-0) ago 

Now I'm kicking myself for selling my Bitcoins when they were around $600. I'm not sure if I should buy some again now or wait for them to crash back down cheap like they've done 2~3 times before.

[–] [deleted] 3 points 1 points (+4|-3) ago 

[Deleted]

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[–] vpoint 0 points 1 points (+1|-0) ago 

I think you are right, old money can buy the majority in mining hardware and regulations which means they stay in control. But what do you get from not participating? You merely miss out on the insanely easy profit for nothing - it will happen with or without you.

[–] [deleted] 0 points 1 points (+1|-0) ago  (edited ago)

[Deleted]

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[–] B166-ER 0 points 0 points (+0|-0) ago 

The government may be boarding much of it, especially after the FBI black market raids. But I like the ecoin model because it stops one aspect of inflation. Banks cannot just print BTC. In about a year we will have mined all the BTC and it will be like gold, a finite amount. So it does have that feature over Fiat dollars.

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[–] bubbleki 0 points 2 points (+2|-0) ago 

Last bitcoin will be mined in 2050.

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[–] bubbleki 2 points -2 points (+0|-2) ago 

I think you need to study something before you make conclusions about it.

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[–] Broc_Lia 1 points 1 points (+2|-1) ago 

-checks bitcoin charts for the first time in around a month- Fucking hell

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