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  #971  
Old 14th April 2019, 09:41 AM
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moltuae moltuae is offline
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Quote:
Originally Posted by ainarssems View Post
I do not spend the BTC I have to buy stuff, instead I buy BTC to buy stuff.
Same here

I think there's a possibility that the BTC price could fall once more before it eventually hits record highs again but I think the likelihood of it ever going to zero, or even close to it, are pretty slim now. I'd certainly be buying a lot more BTC if it hit even sub-£1K prices, as I'm sure would millions of other people.
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  #972  
Old 17th April 2019, 09:46 AM
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Max Keiser makes an interesting prediction in this recent article/interview:

Article: https://www.ccn.com/max-keiser-peopl...enging-bitcoin

Interview: https://www.youtube.com/watch?v=OETgltmnJgE

Quote:
The hash wars will be played out on a state level and thatís what will take us to new all-time highs.
That's a scenario I hadn't considered until now.

Since governments can not stop or control cryptocurrencies, it makes sense that they will likely try to compete for cryptocurrency dominance instead. As the global economic situation worsens, there will come a tipping point where fiat inflation will greatly accelerate the flow of wealth into cryptocurrencies, further devaluing fiat currencies (just as it is already doing in some countries). Governments and central banks will want to prepare for that by moving much of the fiat they control into cryptocurrencies. But before they do, they will of course want to ensure that no other organisation or nation has hash-rate dominance.
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Cars Owned:

The Audi Era: '97 A8 4.2 (Ming Blue) --> '96 A8 4.2 QS (Dark Green) --> '02 FE S8 (present)
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The Banger Era: '76 1.2L Lada VAZ-2101 (Ruski Fiat 124) --> '80 1.7L Morris Ital HL, finished in Ermine White and Rust
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