‘Bitcoin – You’re Buying Obsolescence’ – SeekingAlpha | $54,734.94

Cryptocurrency is here to stay, but Bitcoin and its clones will be obsolete, probably within this decade. Once the fall starts, it will come hard and fast… …This piece is to explain why you shouldn’t invest in Bitcoin, et. al. and why you should run like the dickens away from this much-hyped internet artifice… …Cryptocurrency,..

‘I’ve been getting rid of my BTC’ – Twitter | $47,504.85

I’ve been getting rid of my BTC. Why? A currency is never supposed to be more volatile than what you buy & sell with it. You can’t price goods in BTC In that respect, it’s a failure (at least for now). It was taken over by Covid denying sociopaths w/the sophistication of amoebas Eulogy made..

‘The fundamental value of bitcoin is zero’ – Insider | $44,918.18

“Since the fundamental value of bitcoin is zero and would be negative if a proper carbon tax was applied to its massive polluting energy-hogging production, I predict that the current bubble will eventually end in another bust”… Risky, volatile bitcoin doesn’t belong in the portfolios of serious institutional investors. Many of its retail backers are..

‘Bitcoin is Nothing’ – Entrepreneur | $33,114.36

…Bitcoin is nothing, it’s vapor, a concept of an idea. Transactions using bitcoin are few and far between. It’s not a store of value—anything that drops 30% in a week can’t play that role. Eulogy made by Andy Kessler Source

‘Bitcoin Has ‘Nil’ Value’ – Bloomberg | $33,005.76

What is the future value of the dividend stream of Bitcoin? I can tell you that, that doesn’t take a prize winning mathematician. It is nil. …bitcoin is 100% faith, and come the next market phase where market faith is at a minimum, what do we think will happen to a stock whose entire reason..

‘The Bitcoin Dream Is Dead’ – Medium | $37,316.36

Bitcoin’s recent 25% plunge illustrates why it will never be a true currency… The fact that Bitcoin has no intrinsic value (the way a stock or bond does) doesn’t mean it’s headed to zero. It just means that Bitcoin has become totally untethered from its original purpose. What was supposed to be a way to..

‘Bitcoin is Worth Exactly Zero’ – SeekingAlpha | $33,992.43

Even the weirdest ideas sometimes start with a kernel of truth. The Bitcoin/crypto (GBTC) group has as one of its starting points the sound realization that government fiat money has no foundation and will eventually reach its intrinsic value of exactly zero. So far so good. Crypto advocates made it through the first page of something written..

‘Those who invest the most will lose the most’ – Twitter | $32,127.27

If you never sell your #Bitcoin, what difference does the price make? When it ultimately goes to zero, the percentage loss for all HODLers will be the same, 100%. The significant difference will be how much you pay, not the price. Those who “invest” the most will lose the most. Eulogy made by Peter Schiff..

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