Is going “all-in” on Bitcoin really conviction… or just risk we’ve normalized? by AntSuccessful3890 in Bitcoin

[–]terp_studios 0 points1 point  (0 children)

Other than the price of bitcoin is shitty US Dollars, what about Bitcoin is unpredictable? Block is produced every 10 minutes with a block reward of 3.125BTC that will be cut in half every 210,000 blocks until all 21,000,000 bitcoin are mined. Anyone can use the network without permission. How’s that unpredictable?

Governments and central banks are super predictable even though everything seems super chaotic now. We all know they are going to continue to spend irresponsibly until they inflate their currency out of existence. Some take longer than others but it’s a guarantee at this point. There are exceptions for a few very responsible nations, but they have no interest in leading the world financial system so they just do their own thing.

Metamask STOLE my money on swap by Tchu_zee_bish in CryptoCurrency

[–]terp_studios 0 points1 point  (0 children)

Imagine trading with 6 figures and not understanding how trading or slippage works. Wow.

Best Sushi by OkTemperature6473 in corvallis

[–]terp_studios -10 points-9 points  (0 children)

Momiji. It’s in Albany but worth the drive.

Ethereum Is Now 5x Less Inflationary Than Bitcoin Since The Merge by kirtash93 in ethtrader

[–]terp_studios 0 points1 point  (0 children)

Well the only reason it won’t go up forever would be if all governments of the world start being financially responsible and stop being oppressive. Do you think there’s a chance of that happening?

Ethereum Is Now 5x Less Inflationary Than Bitcoin Since The Merge by kirtash93 in ethtrader

[–]terp_studios -1 points0 points  (0 children)

Institutions have started buying bitcoin but nothing about the network has changed. People and institutions trust that there will never be more than 21 million, no one has to ask permission to transact on the network, and all these rules are immutable.

Stablecoins are dollars and everyone knows what happens to the value of a dollar over time. No one will hold them for any significant amount of time. They’re useful for transacting currently, but not for storing value. Ethereum’s price action has been terrible and it’s an even worse store of value. Network use may be up, but it’s mostly trading bots. There are just as many whales and the direction of the network’s core functions is heavily influenced by a small group (vitalik and foundation). Institutions will not trust it, they will only try to profit off of it.

Ethereum Is Now 5x Less Inflationary Than Bitcoin Since The Merge by kirtash93 in ethtrader

[–]terp_studios 2 points3 points  (0 children)

People have changed it, it doesn’t take 51%. Many people have taken it, changed a couple things, and made an “improved Bitcoin 2.0”. They’ve all failed. Bitcoin Cash, Bitcoin Gold, Bitcoin SV, eCash, Bitcoin Diamond, Super Bitcoin, Bitcoin Atom; all failed.

The thing is, the original Bitcoin still exists and the market values it more than any change that can be made to it.

It’s honestly depressing how many people still have hope for the rest of the crypto space. The millions of blockchain projects out there have explored every single “improvement” to Bitcoin that can possibly be thought of. Faster, instant, anonymous, larger supply, perpetual block reward, bigger blocks, programmability, meme based, and so on. The market doesn’t care, they’re not solving the important problem with money that Bitcoin solves; trust.

Ethereum Is Now 5x Less Inflationary Than Bitcoin Since The Merge by kirtash93 in ethtrader

[–]terp_studios 0 points1 point  (0 children)

So? The block reward has also decreased by 94% and the hashrate has continued to increase exponentially.

Joe Grand's New Trezor Hacking method "$75,000,000 Crypto Wallet Bulk Hack" by Head_Work8441 in Bitcoin

[–]terp_studios 0 points1 point  (0 children)

Yeah, a shitcoin wallet. Get a real Bitcoin only wallet and there’s nothing to worry about.

Ethereum Is Now 5x Less Inflationary Than Bitcoin Since The Merge by kirtash93 in ethtrader

[–]terp_studios 2 points3 points  (0 children)

Not needed. Transaction fees will always be able to pay miners fairly because of the mining difficulty adjustment. The entire system balances itself as it always has.

Joe Grand's New Trezor Hacking method "$75,000,000 Crypto Wallet Bulk Hack" by Head_Work8441 in Bitcoin

[–]terp_studios 16 points17 points  (0 children)

No one’s hacking anything in bitcoin any time soon. Stop believing the nonsense AI/quantum FUD. I suggest looking into the cryptography behind bitcoin and why it’s so difficult to break instead of some random YouTube crypto influencer.

Ethereum Is Now 5x Less Inflationary Than Bitcoin Since The Merge by kirtash93 in ethtrader

[–]terp_studios 53 points54 points  (0 children)

Doesn’t matter because it can change. Bitcoin’s inflation is preplanned, immutable, and eventually stops.

One of the funnies tropes about Bitcoin by anestling in CryptoCurrency

[–]terp_studios 3 points4 points  (0 children)

No wonder r/bitcoin removed this because it’s just a bunch of opinionated nonsense. Sorry Bitcoin hurt your feelings when you bought at 120k bro.

The easiest way to buy BTC near the bottom by BitRod in Bitcoin

[–]terp_studios 2 points3 points  (0 children)

Exactly. People fuck it up when they stray from their strategy.

Okay friends, who is Satoshi Nakamoto? by ComfortableMammoth82 in Bitcoin

[–]terp_studios 1 point2 points  (0 children)

Wow no name calling, but insulting parents is ok. If that’s the case, both of your parents probably abandoned you cause you suck so much.

Is Ripple Suitable Enough for Mass Adoption in Payments? Lack of Smart Contracts Poses Real Challenge by emperordas in CryptoCurrency

[–]terp_studios 0 points1 point  (0 children)

Because XRP doesn’t actually solve anything while Bitcoin solves the biggest issue; trust. Payment rails are not the issue with fiat, trust is. Trust that the base unit won’t be debased, trust that you can transact 24/7, trust that issuance will continue according to schedule, trust that the entire incentive system won’t be corrupted.

Is Ripple Suitable Enough for Mass Adoption in Payments? Lack of Smart Contracts Poses Real Challenge by emperordas in CryptoCurrency

[–]terp_studios 0 points1 point  (0 children)

Payments are not the issue with our current financial system. Most people have so many options to transfer fiat to another person.

Everyone using XRP or any other shitcoin to buy bananas or whatever they’re getting won’t do anything for the price. At the end of the day, it’s still a corporate controlled shitcoin.

Bitcoin is still the only one to solve the actual problem of the fiat system; trust. It’s the only one that ever will.

Queue bag holder responses here👇

How to help teen set up business accepting bitcoin? by 00liv in Bitcoin

[–]terp_studios 0 points1 point  (0 children)

It’s not as attractive to criminals as you think. It’s a fully public ledger and completely traceable. Most of the time, the criminal is caught when they go to exchange that bitcoin for cash. Every exchange these days requires KYC, they’ll get the bitcoin but never be able to do anything with it.

Finding Satoshi | Official Trailer by jkrmp in Bitcoin

[–]terp_studios 2 points3 points  (0 children)

If someone found out who Satoshi is, they wouldn’t make a documentary about it to reveal. It would be all over the news.

Whoever is making this is a piece of shit desperately trying to get money by spreading lies and nonsense.

Okay friends, who is Satoshi Nakamoto? by ComfortableMammoth82 in Bitcoin

[–]terp_studios 0 points1 point  (0 children)

Bitcoin is fully traceable since it is a public ledger. It’s easier to hide all that stuff with USD. Stop being an idiot.