@EmmettBrownMD@bramk@carlosadcaraujo@michaellebowitz What'd it do before the 80% crash? Its followed roughly the same pattern every 4 years since inception. 60ishk was the high in 21 up from 3k in 2020, now we've "crashed" to 60k. Soon you'll be making fun of "crashing" to 120 π€£
@EmmettBrownMD@bramk@carlosadcaraujo@michaellebowitz Says the guy worried about people forgetting their passwords π€£ I'd rather have faith in myself than some guys I don't know. Regardless btc is fundamentally more scarce. Argument refuted. Have a good night.
@EmmettBrownMD@bramk@carlosadcaraujo@michaellebowitz No, it's guaranteed to drop. I already said that but it's completely avoidable. The supply of apple isn't guaranteed to drop, the opposite is true for btc. The supply of apple could 5x tomorrow
@EmmettBrownMD@bramk@carlosadcaraujo@michaellebowitz Accounts? That's not a thing. Active participants? I have no idea. It's currently estimated that 2+-4+ million coins are lost today. That's roughly 10-20% of the total supply. How many will be lost in the future I have no idea but it will be due to nothing but sheer stupidity.
@EmmettBrownMD@bramk@carlosadcaraujo@michaellebowitz It's going to happen. Just like people are going to lose their wallet. Should I stop carrying mine because someone is going to lose their wallet? Does that make sense to you? We're talking about a global asset. There's plenty of stupid people out there...
@EmmettBrownMD@bramk@carlosadcaraujo@michaellebowitz Exactly. Just like you should never use cash if you've ever lost a 20. There's ETF's if you're actually that concerned. Pretty sure you need to be able to remember something about yourself to recover your stocks too lol
@EmmettBrownMD@bramk@carlosadcaraujo@michaellebowitz The vast majority of lost coins are due to btc being essentially worthless in the early days. People didn't know what they had and were careless, which led to the loss of a huge number of coins, but yes like with anything, if you're careless you can lose your shit...
@EmmettBrownMD@bramk@carlosadcaraujo@michaellebowitz Infinite supply vs fixed supply. Btc supply isn't increasing. It's set at 21 million total. Apple shares 14+ billion and that number is 100% at the discretion of some guys you don't know lol