I wouldnt be wanting Crypto at its all time high like it was recently.Woke up this morning to see that Bitcoin is down below $20,000. The first time in two years. Then I remembered the Crypto.com deal and the bonuses for 3 fighters each PPV.
Since April for UFC 273 BTC has fallen 50%. Khamzat got the 1st place prize of $30,000 which has now already depreciated in half over the course of only 3 months. Francis Ngannou reportedly got paid half of his $600,000 showing at UFC 270 paid in Bitcoin. If he kept all that in BTC to this day, just 5 months later, he would have turned $300,000 into $170,000.
So, how are all these athletes and organizations that tried jumping on the Bitcoin Bandwagon feeling right about now? I started dabbling after the new year this year with small numbers and I've been mining a very minimal amount which I'm considering just dropping all together. Bitcoin was sold to everyone by the yes men of crypto to be the solution against fiat currencies and hedge against inflation, the stock market, politics, and all that crap. The S&P is only down 25% while BTC is down 50%.
Survivorship bias is real and applies to lots of areas in life. Especially if it involves money.Learn to do something people value and you are never poor.
Mma career is tough af. For every conor there are shitload of shamrocks.
lmao. whatever you gotta tell yourself. im going to get so rich off of the fact that people like you exist.
how do you get rich off people who don't buy into crypto?
Play the long gameNoob, btc and crypto will bounce back. Now is the time.
Not only does Sherdog have doctors, lawyers and engineers, but now it has financial experts in the field of cryptocurrencies too which is exactly what was needed.
Learn to do something people value and you are never poor.
Mma career is tough af. For every conor there are shitload of shamrocks.
The reality is that it was always mostly bought as a speculative investment rather than a decentralized currency. You just have to read the thread, it's a living proof.no its not. you definitely do not understand how it works. it might appear that way to someone who doesnt understand it, because of the volatility, but its not the crypto that causes volatility, its the whales manipulating the market, along with the little guys doing dumb shit trying to get rich quick. Blockchain is a legitimate technology that makes perfect sense for decentralizing currency.
Pentagon finds concerning vulnerabilities on blockchain13 yrs and counting, deal with it.
...it only takes four entities to disrupt Bitcoin and only two to disrupt Ethereum. Additionally, 60% of all Bitcoin traffic moves through just three ISPs. Outdated and unencrypted software and blockchain protocols were also identified by the organization.
Then why bother? Again, circling back to the dollar. You only make money when you ditch the Bitcoin and get real money for it.Boomers who think you can't turn it into another currency anymore. You get paid in Crypto doesn't mean it's stuck in just BTC forever. You can basically turn it into a stable, alt or Fiat no problem.
Boomers who think you can't turn it into another currency anymore. You get paid in Crypto doesn't mean it's stuck in just BTC forever. You can basically turn it into a stable, alt or Fiat no problem.
Woke up this morning to see that Bitcoin is down below $20,000. The first time in two years. Then I remembered the Crypto.com deal and the bonuses for 3 fighters each PPV.
Since April for UFC 273 BTC has fallen 50%. Khamzat got the 1st place prize of $30,000 which has now already depreciated in half over the course of only 3 months. Francis Ngannou reportedly got paid half of his $600,000 showing at UFC 270 paid in Bitcoin. If he kept all that in BTC to this day, just 5 months later, he would have turned $300,000 into $170,000.
So, how are all these athletes and organizations that tried jumping on the Bitcoin Bandwagon feeling right about now? I started dabbling after the new year this year with small numbers and I've been mining a very minimal amount which I'm considering just dropping all together. Bitcoin was sold to everyone by the yes men of crypto to be the solution against fiat currencies and hedge against inflation, the stock market, politics, and all that crap. The S&P is only down 25% while BTC is down 50%.
Pentagon finds concerning vulnerabilities on blockchain
https://www.techrepublic.com/article/pentagon-finds-concerning-vulnerabilities-on-blockchain/
I value Ken Shamrock and he is poor as fuck. In what world do you even make sense? Put down the pipe.Learn to do something people value and you are never poor.
Mma career is tough af. For every conor there are shitload of shamrocks.
I value Ken Shamrock and he is poor as fuck. In what world do you even make sense? Put down the pipe.
Then why bother? Again, circling back to the dollar. You only make money when you ditch the Bitcoin and get real money for it.
Buttcoin and fiat go hand in hand without fiat invested in buttcoin there is no buttcoin. I always laughed at the stupidity of digital currency revolutionists.Woke up this morning to see that Bitcoin is down below $20,000. The first time in two years. Then I remembered the Crypto.com deal and the bonuses for 3 fighters each PPV.
Since April for UFC 273 BTC has fallen 50%. Khamzat got the 1st place prize of $30,000 which has now already depreciated in half over the course of only 3 months. Francis Ngannou reportedly got paid half of his $600,000 showing at UFC 270 paid in Bitcoin. If he kept all that in BTC to this day, just 5 months later, he would have turned $300,000 into $170,000.
So, how are all these athletes and organizations that tried jumping on the Bitcoin Bandwagon feeling right about now? I started dabbling after the new year this year with small numbers and I've been mining a very minimal amount which I'm considering just dropping all together. Bitcoin was sold to everyone by the yes men of crypto to be the solution against fiat currencies and hedge against inflation, the stock market, politics, and all that crap. The S&P is only down 25% while BTC is down 50%.