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A comment on Bitcoin has surpassed $15k for the first time since January 2018. Parent comment

Re:Bitcoin has surpassed $15k for the first time since Janua... by conanbatt on Thursday November 05, 2020 @11:38AM (#24999626)
I think that's what bitcoin maximalists want to believe, but surely not true.
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Re:Bitcoin has surpassed $15k for the first time since Janua... by throwaway-sf on Thursday November 05, 2020 @11:50AM (#24999725)
The total market cap of all crypto assets is less than the market cap of Tesla right now.

If they are remotely right that bitcoin is a liquid inflation protected asset then the demand for such an asset should increase in a world of more and more QE from central banks.

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Re:Bitcoin has surpassed $15k for the first time since Janua... by conanbatt on Thursday November 05, 2020 @10:34PM (#25004614)
The value of money is not linear compared to its quantity. I remember the calls for high inflation in 2009 with the banks bailout, but it didn't happen.
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Re:Bitcoin has surpassed $15k for the first time since Janua... by akvadrako on Thursday November 05, 2020 @12:38PM (#25000157)
Don't pretend people know what bitcoin maximalist means.
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Re:Bitcoin has surpassed $15k for the first time since Janua... by johndevor on Thursday November 05, 2020 @11:43AM (#24999664)
Bitcoin maximalists have been right about quite a bit the past few years...
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Re:Bitcoin has surpassed $15k for the first time since Janua... by dylkil on Thursday November 05, 2020 @11:50AM (#24999722)
except the most important thing, how to scale bitcoin.
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Re:Bitcoin has surpassed $15k for the first time since Janua... by sunshinerag on Thursday November 05, 2020 @12:15PM (#24999931)
https://lightning.engineering
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Re:Bitcoin has surpassed $15k for the first time since Janua... by dylkil on Thursday November 05, 2020 @03:53PM (#25001841)
vaporware
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Re:Bitcoin has surpassed $15k for the first time since Janua... by sunshinerag on Monday November 09, 2020 @01:22PM (#25037826)
? Did you try downloading and using the wallets. It exists. You are misinformed.
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