Rallerbabs

7 ms·

1.
by Rallerbabs 6y ago
It says almost 500 days for my country. But my country estimates to have 100% vaccinated by summer. Far too pessimistic. It's likely not taking into account any acceleration.
2.
by Rallerbabs 6y ago
You had it coming.
3.
by Rallerbabs 6y ago
Wired merely reports the research study that says it. And they've linked to it, too. https://medium.com/cybersecurity-for-democracy/far-right-new...
4.
by Rallerbabs 6y ago
And at some point, people were vehemently against some of those as well.
5.
by Rallerbabs 6y ago
I'm dedicated to learning to recognize bottoms & tops. I successfully bought the bottom. Now only to successfully sell the top.
6.
by Rallerbabs 6y ago
Wasn't arguing. Except for whether we're in a bear or bull market. It's definitely a bull currently.
7.
by Rallerbabs 6y ago
The bear market was actually closer to 3 years. But that ended a while back. It's now solidly in a bull market. Bitcoin is fantastic. But even fantastic assets can become overvalued. And indeed, this will happen again. There will b
8.
by Rallerbabs 6y ago
The real estate & bitcoin comparison is apples & oranges. Real estate existed (and still exists) in a world of inflationary government IOUs (read: fiat). People were taking out too many & too large loans. Ofcourse it was going t
9.
by Rallerbabs 6y ago
Fiat is at the end of its lifespan. People are seeking refuge in bitcoin now. It's deflationary by design, which makes it an excellent store of value. It's value has only been going up for 12 years straight now. No bubble to be se
10.
by Rallerbabs 6y ago
Hacker News is indeed being overrun by a too large amount of irrational bitcoin FUD. The energy 'argument' is easily debunked. But that's not what this comment is about, so I won't rehash it here. Trying to change people
11.
by Rallerbabs 6y ago
Bitcoin is at all time high, meaning just about everybody who ever bought bitcoin is currently in profit. There are very few bagholders.
12.
by Rallerbabs 6y ago
Tell that to the people of Venezuela, of whom the article states that they are flocking to it to save their hides.
13.
by Rallerbabs 6y ago
As per Satoshi himself, the value of bitcoin increases because people speculate, start using it more, speculate more, start using it more, etc. The reason why it is capable of increasing, is because the number is fixed. Inflation would outs
14.
by Rallerbabs 6y ago
1. I do not listen to the Dan Held podcast. 2. Like with every solution suggested in the bitcoin ecosystem, LN attracts a lot of FUD. The weakness you observe in LN seems to me like arguing in 1995 we'll never be able to stream movies
15.
by Rallerbabs 6y ago
Tnx, man. I'll have a looksy!
16.
by Rallerbabs 6y ago
I invest hundreds of hours per year studying bitcoin's development, the crypto markets, etc. But you think your opinion somehow weighs more than mine, eh? Ignore Lightning Network's development at your own peril. Increased and dec
17.
by Rallerbabs 6y ago
The truth is that BCH fanbois are REKT.
18.
by Rallerbabs 6y ago
I invested my inflationary fiat in deflationary bitcoin. I sit on it while it appreciates. Number go up.
19.
by Rallerbabs 6y ago
Gold never even moved to medium of exchange. It couldn't. Bitcoin can. And then it can move on to unit of account.
20.
by Rallerbabs 6y ago
Store your value in fiat then, if you enjoy watching icecubes melt so much.
21.
by Rallerbabs 6y ago
There will be greater economic success in the current century, due to better money: bitcoin.
22.
by Rallerbabs 6y ago
Utter baloney. Lightning Network will deliver. As for BTC vs BCH... the market has spoken: BTC is the one, true bitcoin.
23.
by Rallerbabs 6y ago
It does if there's demand for it. And there's been growing demand for bitcoin for 12 years and counting. It's deflationary by design. But by all means, stick to your government money. Printer goes brrrrrrrrr.
24.
by Rallerbabs 6y ago
No attempt at rational argument is made by you. Argument irrelevant.
25.
by Rallerbabs 6y ago
Features that can't be changed. Certainly not when armies come to play. You can change the bitcoin source code to have more coins and deal out half to yourself first. That's the easy part. But then comes the part where you have to
26.
by Rallerbabs 6y ago
There is absolutely nothing about bitcoin that sucks. It is exactly what it needs to be: the world's hardest store of value. Every design decision comes with trade offs. All the right trade offs have been made. If you'd reinvent i
27.
by Rallerbabs 6y ago
Read "The Bitcoin Standard" if you want that problem solved.
28.
by Rallerbabs 6y ago
Don't see how you can compare a virtual asset to a physical one and then somehow think the virtual asset is harder to manage then the physical one?
29.
by Rallerbabs 6y ago
The total market cap of crypto is now larger than Google. Thanks for playing.
30.
by Rallerbabs 6y ago
Nope. That's what a medium of exchange is for. Bitcoin isn't at that phase yet. For any new money, it goes like this: 1. Store of value. 2. Medium of exchange. 3. Unit of account. In that order. Cumulatively.

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