If banks fail bitcoin will goto 10 million dollars per bitcoin overnight
If banks fail bitcoin will goto 10 million dollars per bitcoin overnight
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Holy shit... I'd make like $7000.
>Still thinking about Bitcoin in terms of USD
>Not thinking about Bitcoin in terms of bread and water
ngmi
Seriously though, how to we go about pricing real world items in any other way? With the value in flux so wildly it makes it difficult
no just $500k
thanks just bought more xmr
RAIL, ZEC and GRIN are even more undervalued with new tech.
They're just going to print for all eternity and you know it. It's always like this.
It’s annoying because if what’s happening occurs 15k was the bottom
I was hoping for a buy in at 8k or so
dont worry you'll have that opportunity
Oh no... there's a limit to how far this could go. It's played out throughout history, time and time again. It's reaching it's peak, and it's obvious. Do you have any faith in authorities or institutions?
Whether it's Bitcoin or something else, a neutral money will put things back into a natural order where only true value is rewarded.
if banks fail how is anyone going to move money into BTC?
The price of bitcoin gets bid up that high instantly as demand goes parabolic due to bank failure
At that point there is no cashing out of Bitcoin, Bitcoin becomes the payment system for millionaires and billionaires
Oh and the plebian No coiners will get some other shit to replace banks
you realise that if banks fail then everyone's money just evaporates, right? nobody would get the chance to buy BTC.
Leading to more demand, kys.
youre fucking stupid if you think everyone's money disappearing will pump bitcoin
>you realise that if banks fail then everyone's money just evaporates, right?
false bitcoin was invented as an alternative to the banks.
Yea, it magically goes up 50x, and food goes 100x. What a win for bihgoin!!!!
And shitcoiners will be left holding their worthless bags of link and icy pee.
Yeh, forgot to mention that, 99% of altcoins and 100% of shitcoins will go to 0 as they all flee into Bitcoin.
If banks fail XMR will go from 2.6bil mcap to 2tril mcap overnight.
That's = 115k per XMR
Banks have a backup plan. In fact they are working everyday on the new system.
Yeah, the cbdc, but that's just a symbol of their arrogance and delusion. Cbdc will only be accepted by the lowest forms of life.
Even Nigerians won't accept CBDCs
Totally against users privacy. Best time for privacy protocols to gain adoption.
If 1 bitcoin is 20 million dollar, one loaf of bread will be 40 million dollar. Gratz, you live 1 day longer than everyone else.
Nope. Bank failing doesn't mean hyperinflation. It just means demand for Bitcoin skyrockets, which means the price goes parabolic
Doesn't it mean a failing global economic system, since nearly every transaction goes through banks, except cash ?
> If 1 bitcoin is 20 million dollar, one loaf of bread will be 40 million dollar. Gratz, you live 1 day longer than everyone else.
What for the non crypto people ?
>What for the non crypto people ?
If banks failed your Bitcoin would be worth 1 Bitcoin. In other words, useless.
ok
>He thinks bitcoin has no counterparty risk
Bitcoin would crash to near zero because a total bank failure also means the failure of debt based assets, which are responsible for bitcoin's high price in the first place
Elite Rich will front run the bank failures, you absolute retard.