Home Upgrade Search Memberlist Extras Hacker Tools Award Goals Help Wiki Contact

Bitcoin is the future

Bitcoin is going to be here forever who agrees
(Jun 22, 2026 07:38 PM)Austin0965 Wrote:  Bitcoin is going to be here forever who agrees

It could disappear without a trace next month.
(Jun 23, 2026 01:18 PM)DramaKing Wrote:  It could disappear without a trace next month.

To be honest, it really can't. It has too much institutional money in it now and also many bitcoin hardliners that would never sell. I don't see any risk anymore that it can completely vanish. Price drops: yes, for sure. Panic sells: also for sure - In the long run I think it already has reached a market cap where it has become "too big to fail" and also technology wise there are little risks:
- because of growing blockchain size, only fewer people run full nodes → centralization risk
- also the hash rate of the network might drop, when it becomes even less profitable for miners → also centralization risk / risk of 51% attacks
- elliptic curve trap function is not proven to be "hard to crack" it is just assumed. Might also be a subject to be cracked by quantum computers, but i have no idea about that, so DYOR
- Big Players like Strategy → centralization risk


These are the risks I came up with. Compared to pretty much any other financial product, these risks seem very manageable to me. Especially given the potential upside if you compare the market cap to other markets such as the gold market cap - and that is without calculating in the USD inflation and the deflationary nature of BTC (just take a guess how many BTC are still in wallets where the owner didn't loose the seed phrase yet)
Never say "can't." The blockchain relies on the Internet and specialized hardware and is subject to governmental policy. Put plainly, Bitcoin does not exist in any physical sense.

🚀 Signature space for sale! PM me if you’re interested.
It was the future in 2010. Now it’s mostly a failed technology that never achieved its grand visions and a horrible horrible investment. Bleed will continue
This puts it well: https://www.cnbc.com/amp/2026/06/26/bill...imper.html. Put all your money in $DRAMAKING instead.
It’s funny to see this because the man who created this forum told us to buy at 4000$ and nobody listened and we had this same discussion.

It’s fugazi… fugayzee…
[Image: n5Mnml1G_o.png]
I remember around 2010,, someone said "just buy 10 bitcoins, and wait and see if it takes off".

His YouTube video is even still up.


(Jun 27, 2026 08:21 AM)ModernEHustle Wrote:  It’s funny to see this because the man who created this forum told us to buy at 4000$ and nobody listened and we had this same discussion.

It’s fugazi… fugayzee…

That's exactly correct.
I thought NFTs were pretty cool, but why not just live bet in places where its not legal lol?
[Image: ItRhxoZ.png]
Not sure if its going to be in here forever but probably will be in here for longer than us.
Who knows. Reality is that nobody knows anything. We're all pawns in this little game.


Possibly Related Threads...
Thread / Author Replies Views Last Post
by OmniscientJul 4, 2025 08:24 AM 26 578 Jul 4, 2025 08:24 AM
Last Post: Clockateer
by ethelookingAug 28, 2021 06:25 AM 20 390 Aug 28, 2021 06:25 AM
Last Post: SIM-5071731
by RoytoyFeb 17, 2021 12:34 AM 10 479 Feb 17, 2021 12:34 AM
Last Post: ๖ۣۜÑåzgйŀ