[BTCOG]

These people are all disingenuous actors. They know the point, but they want to flood all of these threads and act clueless. Bitcoin is digital gold, gold's replacement. It's been here for 12 years and yet, all these actors show up in every Bitcoin thread. It's the greatest monetary shift in hundreds of years.

ArcticBull below me shows up in EVERY single Bitcoin thread to trash talk Bitcoin. Here's where we are at; some love Bitcoin, and others show up just to talk trash. Bitcoin is only going to grow beyond $100k the next couple years regardless of how sourly "ArcticBull" wants to astroturf.

[raiyu]

Bitcoin is a modern day example of what happens when you have a currency that has deflation instead of inflation at it's core.

It becomes actually more expensive to buy anything in the present, as a result, consumers stop purchasing, and as a result economic activity decreases.

DigitalGold is also non-sensical, because that is simply designed to track against inflation, to prevent the loss of today's buying power tomorrow because of inflation. But when something appreciates 10,000x it's not really a hedge against inflation anymore, but a different speculative instrument entirely.

[fennecfoxen]

Opinion: NYSE:GLD and NYSE:IAU are better at being "digital gold" than a blockchain thing ever will be.

[BTCOG]

@ArcticBull - Why would I ever want to make 100% ROI on a rigged stock market when I've made thousands of % in hard money?

[imtringued]

The irony behind bubbles is that you cannot profit off of them by acting rationally. If everyone participating in the bubble were acting 100% rationally, the bubble wouldn't exist in the first place.

[arcticbull]

see, with those glasses on it's not possible to have a real meaningful conversation. I'm sorry, bitcoin is in no way 'hard money'.

[arcticbull]

> ArcticBull below me shows up in EVERY single Bitcoin thread to trash talk Bitcoin. Here's where we are at; some love Bitcoin, and others show up just to talk trash. Bitcoin is only going to grow beyond $100k the next couple years regardless of how sourly "ArcticBull" wants to astroturf.

So what? My argument has never been about price but about fundamentals. The fundamentals are crap. I don't care if gets to $100K in the "next couple of years" and neither should you. The price going up doesn't make it good, the price going down doesn't make it bad.

Spending an Argentina of power for 7 tx/sec makes it horrifyingly bad.

Wanna make a 100% ROI? That's not that hard. Risky, but you can make one overnight if you spend some time on r/WallStreetBets.

[Geee]

Yeah, I noticed this too and he has many very flawed arguments. It looks like he just wants to spam as many comments as possible and confuse people.