#1302
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#1303
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If the coins have no value, and the japanese guy can issue 5 million more then the coin cap will go up XXX
its a simple system where he wins and you lose. Its similar to a company issuing more shares and watering down peoples positions, the only people who truly won with bitcoin are power companies and the people that were smart enough to make bitcoin mining machines. | ||
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#1304
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#1305
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#1306
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Well it definitely isn't stable, I don't know what you mean by it has no position. You could go exchange your bitcoin for USD right now so the no value comment makes 0 sense.
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#1307
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It absolutely has a value, about $8000 right now. | |||
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#1308
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Also a company can sell their shares of a company or do stock splits, which gives more shares to all shareholders, but it is obvious you have no comprehension of how anything financial works. Also the whole point of btc is that it is a finite currency and more cant be created. The use of the blockchain technology makes sure there is no manipulation. Still a made up currency but most of what you say is completely wrong.
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#1309
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Everything has value to someone.
"One man's trash is another mans treasure ." Bitcoin is trash to me personally as I am a firm believer in stead, low risk ventures. Bitcoin represents irrational, highstakes gambling. In the 7-8 years bitcoin had been around and lots of people lost their money in it...I've probably passively increased my profile by 200k ontop of what I have going slow and steady. | ||
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#1310
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Of course there are people who lost their asses. I'm one of them. But I learned from my mistakes and I'm doing just fine now. If you're an avid investor, it's straight up foolish not to have at least some crypto. | |||
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