/SorryForYourLoss is a place to showcase the top minds of bitcoin (and cryptocurrencies) failing to secure their precious internet money properly. It's a memorial for the countless incidents of thefts, scams, hacks, goxxes, .. etc.
Hello! We're here to discuss merchant accounts, services and everything in between. Looking to accept payments for your business online? Try using Bitcoin and reduce your interchange rates drastically!
In Alien, the starship that Ripley blew up cost only $42million. Today, SpaceX Starship will cost at least $2billion to develop. This gives us a sense of how inflation has changed the perception of dollar value since 1979, and why the crypto movement began in Bitcoin.
the domino's of 500 trillion in value entering the Bitcoin market has begun. Soon that net worth will be forced to up their bids in order to buy Bitcoin from a growing amount of people not willing to sell anywhere near today's prices.
The satoshi value of XRP today is at 1999. Its below 2000 sats for the first time in 2.5 years. Its USD price is 18.73 cents. XRP has fallen more than 50% relative to Bitcoin in the last one year. That's also how long this subreddit been up.
Bitcoin’s value theoretically only grows because it’s like a battery in some sense. You can buy bitcoin today with money you earned working, but you can have more faith the value of bitcoin will remain over a longer time horizon than the dollar. +3
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Traded in my worthless currency (fiat) into more peer to peer money (Bitcoin Cash) today. Feels good man, feels really good. I don't like losing value of my money every year due to central banks printing and inflating the money supply or banks/governments freezing/stealing my money. Feels good man!
Bitcoin documentary from 2015 resembles BCH far more than BTC. Even core proponents talked about the importance of Bitcoin being a medium of exchange for the developing world. Today folks like Samson Mow state that BTC is not for the poor. BTC has changed but BCH has the same values and goals.
when bitcoin prices are drops, I think we better talk more about the positive value of bitcoin. do not think about the value of bitcoin today, because thinking about it will only make us panic and confused. enough G20 make us calm. So, now. we are talking about the benefits of bitcoin if bitcoin managed well. what do you think if bitcoin is managed well by a country?
Bitcoin are digital and online currencies, they are like the dollars, pounds, euros.But, online and valued than these physical currencies. Bitcoin in question is a type of cryptography currency and the most valuable. 1BTC today is valued much in dollar it has a very high appreciation rate and its co
If Bitcoin dominates today's fiat money and becomes the new world standard, will Gold and Silver become free of the fiat manipulation and show it's true value? Would 1oz of Gold then become equivalent to 1BTC?
Why Dogecoin is going to $1... and beyond. Please keep the shibe people. I have a knack for calling the next big thing, and I feel that Dogecoin may just be it!
As I grew up, I always seemed to be on the cusp of everything new, so trust me that I am no stranger to this game... But on to Dogecoin. There is not just one 'tipping point' in an innovation, there are several and they are catalysts to each other. Dogecoin has reached a tipping point in the crypto-currency scene and I only see it appreciating in value once our first real crash is over. The possibilities for crypto-currency are numerous and with the government and big banks starting to recognize it for the first time (as evidenced by the success of bitcoin) we are on to a real revolution here. Now here's the fun catch. Which was the first successful computer company? But who's the hottest today? When we look at what makes a successful product, it's not just the technical merits that work. If it were, people wouldn't buy iPhones and iPads. Understand that we stand on the release of the first 'iPod' in the Crypto-currency world. That 'iPod' is Dogecoin. There were mp3 players before the iPod came out. But they were complicated, and scary! Much techno-babble! But then that little device made mp3 players fun and friendly. It was simultaneously a status symbol and a thing that brought you joy just to own it. Market psychology tells us people buy things for two reason: to show off to others and for the innate joy that comes from owning something. And if you can capture both? Dogecoin stands on the brink of doing that. Cute and non-threatening but holding real value, and (this is the most critical aspect) allowing people to feel 'important'. Many posters have really hit the nail on the head: no one wants to own 0.02 Bitcoins... bleh. But even when Dogecoin hits 0.01 cents a coin, it will be fun to own 10,000 of them. We must continue to distribute and grow our fledgling currency. Tell people about it in a lighthearted and joking way. I am letting all my friends know: "Hey, you guys have heard of bitcoins right? Well there's a new coin in town!" Dogecoin is destined for bigger things; please don't lose your shibe! I remember a couple of years ago when Bitcoin crashed from $10 a coin to $2, and everyone was laughing at the idiots who bought bitcoins... Doge will have the last laugh. It has all the market traits of a future successful product, very promise. The total market cap of Dogecoin would be 100 billion Doge with every coin mined. So here's how much Doge would have to be worth for each major magnitude change:
$0.001/Doge = $100 million, about the value of a promising new tech startup.
$0.01/Doge = $1 billion, about the value of a successful technology business starting to gain mainstream acceptance.
$0.10/Doge = $10 billion, about the value of Bitcoin today. Of course, understand the crypto-currency market will only grow through 2014, and though we may not overtake bitcoin anytime soon, once they are suitably out of the reach of most consumers, Dogecoin will be much preferred!
$1/Doge = $100 billion. This level is the eventual maturity of Dogecoin in a the next few years if we work hard to distribute it shibe! This corresponds to a large share of the online retail market, and a robust and mature currency that many people respect. Understand that even though $100 billion seems like a large number, the internet is vast, and even if Doge rises to the 3rd or 4th highest cryptocurrency in existence, if it is accepted as legal tender across the entire internet....? Remember that the GDP of single country is in the trillions. And we are talking about the entire human consciousness! So, $1 a coin may actually be just a launching ground.
$10/Doge = $999 billion: This is probably a likely final fluctuating value for Dogecoin in the long term, assuming it is successful. This is probably many years away, but only if we work hard together! This assumes that crypto-currencies become the standard for paying for services across the internet and Dogecoin remains in the top 5. Once things are established, they tend to resist change. So understand that the battle today is for unimaginable wealth in the future.
But it will not get there if we do not spread the shibe selflessly! Currency only has value is people believe in it and it has utility. We need to get Doge into as many hands as possible and work to make connections so people can spend Doge for a variety of goods and services. It is nobelest of currencies. Much love to all of you. May the shibe be ever in your favor, - americanpegasus DPWJddx2RX4nntLeafeM516kRrvQx7YRLx
Bitcoin Cash Fork (Bitcoin SV up +90% on Binance today) and other 70+ Bitcoin Forks only harming the value of the Cryptocurrency space. Forks are ploys by the Crypto 1% to extort value from Bitcoin, pump up prices, and create capital gains for themselves through thin air.
The value of bitcoin hit an all-time high of nearly $20,000 in December 2017. Less than a year later, however, its value has dropped to about $6,400, according to digital-currency website CoinDesk ... Market Wrap: Bitcoin Drops to $10.2K; Scaling Solution xDai Doubles in Value Locked Daniel Cawrey Sep 23, 2020 Bitcoin price dipped Wednesday while investors park crypto in Ethereum sidechain ... It's the seventh anniversary of the first bitcoin purchase. And the value of the cryptocurrency has surged. Bitcoin (BTC) prices - Nasdaq offers cryptocurrency prices & market activity data for US and global markets. That transaction alone perfectly shows the dramatic change in value that Bitcoin has experienced over the years. 2011 and Earlier. The very first major jump in Bitcoin price took place in July 2010. At this point, the value of Bitcoin went from about $0.0008 all the way up to $0.08, a truly dramatic increase in price.
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