Bitcoin hits $11,000. Headed to ZERO

[ShootSpeeders]

Remember this about bitcoin

1. THERE ARE NO BARRIERS TO ENTRY since BTC is not backed by anything!!. Anyone can start their own bitcoin and hundreds of people have. These bitcoin clones are just bitcoin with a different name so all this talk about bitcoin being limited to 21 million coins is a lie.

2. Only an idiot believes this nonsense about BTC being "mined" on the internet by solving math problems!!! HAHAHA. There is not a shred of evidence for that. As with all fiat money, BTC can be printed to infinity at no cost. This is the biggest scam in history.

 

[Old Rocks]

Don't play that game, know nothing of it. But I will remember this prediction in order to see what your powers of prognostication are. LOL

 

[emilynghiem]

Currency can work sustainably that is backed by labor
such as a barter bank that keeps track of credits in a database
EX: Washington DC Time Bank
started by an economics professor in DC

or labor backed currency such as
Ithaca HOURS started by Paul Glover of the Green Party
www.ithacahours.com
www.paulglover.org

 

[ShootSpeeders]

Currency can work sustainably that is backed by labor
such as a barter bank that keeps track of credits in a database
EX: Washington DC Time Bank
started by an economics professor in DC

or labor backed currency such as
Ithaca HOURS started by Paul Glover of the Green Party

Sounds like a recipe for fraud. Why not just go back to the gold standard?