Crypto’s Final Price Could Be Zero

Re:Crypto’s Final Price Could Be Zero by anon291 on Tuesday November 29, 2022 @11:55AM (#33790024)

Great! So long as people like you exist, bitcoin has value .In fact, in my opinion, the entertainment aspect has been the main driver of bitcoin and other crypto value over the past year. In fact, almost any pump and dump is really fun for all players. It only settles in after you end up bag holding. It's like gambling.. People consistently love to lose money.

So if you view bitcoin as a consumable you are consuming to provide entertainment to you, that's great. I'd personally take a lower cost source of entertainment, but to each his own.

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Re:Crypto’s Final Price Could Be Zero by notch656a on Tuesday November 29, 2022 @12:00PM (#33790090)

Personally what I have almost exclusively used based on bitcoin is its altered codebase litecoin.

I have used it exclusively for lowering transaction costs, lowering my cost to buy bullion such as silver. Most vendors in the US do not have any lower cost of buying bullion online in a way that clears under an hour, particularly during times when they wave crypto fees. ACH and wire (sometimes) can be free but never clear (for me) in under an hour (and on occasion even get held up for days), and I find the counterparty risk of waiting 1-3 days unacceptable.

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