Honorable Bitcoin

Bitcoin is fundamentally dead because it doesn't match the purpose it was created for.
Bitcoin proved is like any other trash, no sound money at all.
But the crypto McAfee-NK bullshitters are still spreading nonsense as usual

About 5000 other tokens, the majority of which move in sync with the bitcoin...
"Scammers, swindlers, criminals, charlatans, insider whales and carnival barkers tapped into clueless retail investors' FOMO and took them for a ride selling them and dumping on them scammy crappy assets at the peak that then went into a bust and crash - in a matter of months - like you have not seen in any history of financial bubbles"
https://www.dailymercury.com.au/news...scams/3550693/

Imagine this stupid guy who converted his $100,000 life savings in bitcoin at 13600 in Nov. 2017 and HODL.

In March 2020 down to 4000 ...how was he doing then, like $29,412 ? ...how about now, wooow, $49,264 today ???

That's a new sport for young puppies, not for old "life savings" or sane investors

Youngsters use to contract credit, they have no life savings ! Sooo... who are the bitcoin investors ?
Anarchists and junkies ???
......aaand FOOLS!

Lemme explain bitcoin halving

Today my dog pooped 4 times.
Tomorrow it will poop 2 times.
That doesn't make doggy doo more valuable.
Simple !
Conclusion: who the fuck is buying dog shit anyaway ?!?

Bitcoin crashed in time of crisis ! Bitcoin just proved it has no utility. It's empty inside ! A computer code. Special kind, unrepetable, but still just a computer code

Scarcity without utility it's meaningless... for the sane people .. but fools will HODL crypto shit forever

Talking about criminals using Bitcoin the US government is auctioning Bitcoins that were seized from criminals

Roubini is wrong. I can easily clean my ass with toilet paper and it would be more difficult using gold (small gold sheets would do) but it's totally impossible to that with one or a million Bitcoin

There is your crypto "smart revolution" ! ...fkn crypto morons !

Crypto fools build a big sophisticated nonsense based on SHIT !
...they base all their stupid scheme on SHIT !!
...based on a fallacy, on rotten fundamental !!!

Crypto morons don't understand the origin of value, ...they just spread nonsense about the fundamentals of VALUE !!

A computer shit which cannot be copied Like the world biggest problem is the counterfeit money or the inflation only
Transfer, like the biggest problems comes from the transfer fees
Ownership, like the worse problem is the ownership's identity ...oh, sure it is, for the craze of persecution paranoiacs, tax evaders and criminals

Hint, study laissez-faire bullshit, a huge inequality-gap world !
The crypto imbeciles will swap the current food chain (imperfect, true) for another one more inequal food chain ...just for a change ...they deserve the pain, they're too stupid !

Cryptocurrency concept is rotten deep in its very heart.
Since its inception, bitcoin has been thought of as an anonymous way to move money, so the law enforcement can't track illicit earnings.
Crypto cult : Fck the goverment! Wow, cool !
What is the alternative to a government ?! Wild laissez-faire market ? Really ?! This is all you have, crypto psychos ?!?
This has no future. It obviously can't have any.

So, bitcoin fundamentally trash !
...and it looks like a self-reinforcing Ponzi pattern on chart perfect game for crooks and wannabes!

Today's Bitcoin analysis from FPA:

I thought that Sweden would be the first country to develop a digital currency because over 99% of transactions are already processed by electronic means such as credit cards, debit cards and bank transfers. Also, over 900 of the 1,600 branches of Swedish banks no longer keep cash on hand or accept cash deposits. However, Sweden might now not be the first to introduce a digital currency. China is conducting an experiment to replace the Yuan by its own digital currency. Some people think that this new digital Yuan will be partially or totally backed by physical gold. If the experiment succeeds China will be the first to introduce a digital currency and I'm sure that many other countries will follow. This could be a deathblow to all so-called “crypto currencies” that are backed by nothing

What is most likely to replace fiat currencies when the SHTF? The two contenders are gold or crypto currencies. Here is an opinion.

I wonder what Tim Draper is smoking

The Bitcoin rescue team is still at work since it increased by $172 or 2% since Friday's close

Bitcoin up $24 today. Nothing to cry to mama about

Bitcoin went up $1,215 or 16% today. The bears are retreating

Oops one of the bear woke up Bitcoin lost $132 today

Bitcoin went down by $76 today we will see if the downtrend continues tomorrow.

Crypto Nox-Koko-Pongo-Munbo-Gumbo-McAfee say that gold is not scarce enough ...for their little brain
But psychopaths like them are not quite everywhere. They are marginal to the society.... they are 'scarce' somehow ...scarce, that doesn't mean they worth something !
They are just crypto delusional imbeciles swimming in their own shit pool, or crooks spreading lies in order to fleece the retail fools

Unlike CBDC, bitcoin lacks acceptability ...and also minimal reason

1. Something doesn't have value just because is scarce -limited supply.
2. Something doesn't have value just because consensus provides security;
3. Anonymity of transactions spoils bitcoin's aspiration to become 'the better money'- in order to be accepted in time ;
4. Deflationist effect spoils bitcoin from being 'the better money' - deflation is dangerous as much as inflation;

Other crypto imbeciles claim that bitcoin it's not for everybody... sure, it's only for crooks and stups changing crypto shit in their own stinking pool!

Without adoption, bitcoin it's a small obsessed group video game coin ...thin insignificant market of fools and freaks

They say bitcoin worth something because people buy bitcoin, and people buy bitcoin because it's worth something !
Definitely, lacks reason!