Bitcoin’s nosedive through the $20k mark is a Minsky Moment for crypto

Re:Bitcoin’s nosedive through the $20k mark is a Minsky Mome... by danaris on Sunday June 19, 2022 @01:00PM (#31801108)

Those are attributes, not value.

Some people may value those attributes, while for others, they are outright drawbacks.

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Re:Bitcoin’s nosedive through the $20k mark is a Minsky Mome... by kreetx on Monday June 20, 2022 @04:21AM (#31807660)

There is no intrinsic value in not being inflatable?

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Re:Bitcoin’s nosedive through the $20k mark is a Minsky Mome... by Hani1337 on Sunday June 26, 2022 @01:54PM (#31886169)

There's a first mover advantage that will always price out future investors, so it will keep retracing again and again. If you want something that has better intrinsic value rooted in utility, Cardano's the one. And please, no one reply Ethereum is better than Cardano, when 2/3 of the globe can not afford GPUs. PoW mining is a losing battle.

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