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    "Comparing Bitcoin to Ponzi Schemes is unfair...

    Fully supportive of that. I don't think anyone should over-focus on Bitcoin (and certainly not crypto) - far from it.
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    "Comparing Bitcoin to Ponzi Schemes is unfair...

    Of course. It's a discussion forum. Why on earth would you read anyone else's comments?
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    "Comparing Bitcoin to Ponzi Schemes is unfair...

    You’ve been incredibly consistent in the dipping in and out there Brendan, dipping in and out over six long years over every single Bitcoin thread. In fact, you started most of them! That’s a very conveniently coloured, selective use case memory you have going on there Brendan. I’ll leave you...
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    "Comparing Bitcoin to Ponzi Schemes is unfair...

    For someone who complained over the last six years of long repetitive threads, your request doesn't align very well. You've been here every step of the way in those discussions. The arguments remain the same, the disagreement/differing opinions remain the same. You could easily summarize them...
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    "Comparing Bitcoin to Ponzi Schemes is unfair...

    I'll direct you to 2,149 previous posts on the subject Brendan. I appreciate you have formed the opposite opinion but you can't dispute that Bitcoin continues to develop and find an ever broader audience.
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    "Comparing Bitcoin to Ponzi Schemes is unfair...

    "crypto" ≠ Bitcoin And in the case of Bitcoin finding new customers, there's no doubt that such a thing is happening. The error you're making though is to reach the conclusion that its all just a speculation. That's not the case.
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    "Comparing Bitcoin to Ponzi Schemes is unfair...

    No, I don't think that's the way. At the end of the day, the idea of thrashing all of this stuff through is so that we all can try and figure it out.
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    "Comparing Bitcoin to Ponzi Schemes is unfair...

    You can make a tangy grape jam with sour grapes, Duke. Or how about this? 108 sour grapes recipes? Pullbacks of up to 30% have been common in these bull market cycles in the past. They're no harm at all as they clear out those that are trading using leverage.
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    "Comparing Bitcoin to Ponzi Schemes is unfair...

    Always good to have your input Firefly! :cool:
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    "Comparing Bitcoin to Ponzi Schemes is unfair...

    What specific question did you ask it? ChatGPT can be useful at times but I don't think this is one of those instances.
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    "Comparing Bitcoin to Ponzi Schemes is unfair...

    Yeah, I think we might have gone past that Duke.
  12. T

    "Comparing Bitcoin to Ponzi Schemes is unfair...

    The wager was BTC to reach its previous ATH BY 2030 not ON a specified date in 2030. Wager conditions met.
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    "Comparing Bitcoin to Ponzi Schemes is unfair...

    @letitroll - our wager has reached its conclusion with about 6 years to spare. New bitcoin ATH price achieved.
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    "Comparing Bitcoin to Ponzi Schemes is unfair...

    I wouldn't go anywhere near such a thing right now :-) Let's look what happens in 2024-25 first. There's a new ATH to be set. There's a halving event in April when we are already facing a demand/supply mismatch. Also, is past performance something that can indicate future performance? I...
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    "Comparing Bitcoin to Ponzi Schemes is unfair...

    Who can tell what happens. I do expect much more volatility still. Brighter minds than me suggest that this bull market is still in its very early stages. I'm sure there will be a cycle crash. I'm sure that will be dramatic - but I'd be thinking that $8,000 would be optimistic. I added at...
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    "Comparing Bitcoin to Ponzi Schemes is unfair...

    Tragically, I failed to act on your previous warning on this back in Feb. 2018 -> Bitcoin was $8,200 at the time. Down bad. Lesson learnt.
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    "Comparing Bitcoin to Ponzi Schemes is unfair...

    Bitcoin has reached a new all-time-high (ATH) price against a plethora of world currencies in recent days. Only the US dollar ATH remains to be breached. At the time of this post, BTC = $66,777.
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    Bitcoin - steer clear or not?

    Focus there on "used to be." I'd expect we'll see a capital allocation of a few percent that will remain as part of portfolios on an ongoing basis. There will still be a cycle crash but it will bed in that way where Bitcoin is concerned over the longer term. You only have to look at the length...
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    Bitcoin - steer clear or not?

    Saylor showed conviction. I read somewhere today that over the past 24hours alone he had made $700M. Another guy who shipped a lot of criticism (including right here) - this guy -> https://x.com/nayibbukele/status/1762867369217532125?s=20 He was also attacked here on the basis of items...
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    Bitcoin - steer clear or not?

    @ArthurMcB : Just to give you further insight into what's driving this. There's a supply shock destined to happen in April, when the Bitcoin halving takes place, cutting new supply that makes its way onto the market. At the same time, ETF demand is outstripping existing supply, before that even...
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