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People over-leveraging themselves to buy Bitcoin, which anyone with real experience has already moved on from for better designed crypto by the way, is a clear
by thrower 6y ago
People over-leveraging themselves to buy Bitcoin, which anyone with real experience has already moved on from for better designed crypto by the way, is a clear sign that right now we are at peak hype in this space.
This is me speaking as someone who read the white paper on Bitcoin in 2010, and then mined on my GPU for all of 2011-2012 to help build out the network. I have since moved on, as have other practitioners.
The only people that remain on Bitcoin are retail speculators, governments with seized assets, and financial institutions. It’s not a healthy makeup, and extraordinarily toxic to the greater crypto community as a whole in my honest opinion.
- ionwake 6y agoWhich is a better designed crypto? It cant be too toxic if its a well performing investment asset right?
- nullc 6y agoOh jesus don't bait the shills into pumping their premined scam garbage in every thread that discusses Bitcoin. They do it enough without encouragement.
- nullc 6y ago> and then mined on my GPU for all of 2011-2012 to help build out the network I suppose you also expect us to believe that you're in line for the British crown?