Bitcoin News
By Dan Saada
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Bitcoin (BTC) Coffee Stunt
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When commenting about the Bitcoin hitting the all-time high, Dan Held, BTC advocate stated that just like the last cycle there will be several dips in the current one.
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CryptoWatch in the past predicted that according to the Bitcoin’s stock-to-flow model using an assumed 5% lost coins Bitcoin should reclaim a $10,000 valuation in mid July 2020,…
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In response to the Edge Wallet advertisement that states, Bitcoin is made for $5 Coffee Payments in 2020 Dan Held opines that it is absolutely bizarre to see this level of…
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Another user in response to the cognitive dissonance stated, if not bitcoin, then what crypto currency is made for $5 coffees?
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Dan Held took the discussion further by referring to the Satoshi Vision and states that it is a silly endeavor, as it doesn’t matter what it was, we are where we are now.
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When someone else supported the coffee propagation by stating, exactly what Bitcoin is good for - important, high value transactions like buying coffee for your sister in the U.S.
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It just looked like Dan Held got wild and stated “Don’t tell me what to do with my Bitcoin.” He also states, you’re free to waste Bitcoin as you see fit.
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In this regard, Sydney Ifergan, crypto expert tweeted: “Bitcoin (BTC) is clearly going higher whether people will choose to pay it for Coffee or Gold is their personal choice.”
10 / 12
Some people tried to passify the conversation by stating, relax it's just coffee, no need for insults. Ultimately, BTC is to buy things or it's worthless
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However, Dan Held is not ready to give up, he says It’s wrong to marketing spending Bitcoin as a use case because it’s intentionally misleading and will lead to a poor UX which…
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Someone tried to take sides to Dan’s opinion stating that the last thing I need during a bull run is a reminder of the dumb things I spent bitcoin on when it was less than $1k.
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