Bitcoin extended its losses on Friday, dropping to October 2024 lows to cap an already bruising week for crypto investors. CNBC’s MacKenzie Sigalos has the details.
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About The Author
Bitcoin is digital Gold!
Buyyyy
Bitcoin has no investment value, do you agree with Munger?
Bitcoin is a scheme, do you agree with me?
Last I checked, Bitcoin is a finite supply. So why are you measuring its value from an infinite supply of fiat currency, an infinite supply of futures contracts, and an infinite supply of conjured shares?
The carnival measures a finite thing with an infinite stick — and calls the result "price discovery."
The Punchline
The carnival can't explain where their digits come from. The bench can explain where every sat comes from — energy, spent, verified, immutable.
Hashrate says adoption is up. Hashrate doesn't lie. The digits? They do whatever the printing press wants.
Same finite, different measure. 😏
Just dropped $3k on Polygon. Wish me luck boysssss
Most of us have known for 18 years that cryptocurrency is a worthless asset, but it's shocking that the stuff has lasted nearly 2 decades! Clearly, it's the greatest financial fraud in world history. We're heading to near zero, albeit with a few violent bear market rallies, especially around the 50k level on btc.
Bitcoin to the moon ! I just placed a buy order today. Buying again once it hits 30k.
Buy Kaspa. Keep buying, and hold on to your Kaspa, or you may regret it later🎉
It’s all a scam and now it’s time to pay