Bitcoin Maxis: Cult & Conspiracies
Laser Eyes Assemble Bitcoin cult or conspiracy Bitcoin Maxis (Maximalists) are those wo think Bitcoin is the best and only true cryptocurrency (Some will also claim it not to be cryptocurrency and just refer to it as Bitcoin. Don't ask me why, I don't understand that logic myself) They also hold the belief it will be the only financial asset needed in the future. So it shouldn't come as any suprise that all of these individuals will have money tied up in Bitcoin. Not one sane person who doesn't have a vested interest in Bitcoin will validate these beliefs. The most ludicrous claim Maxi's proclaim is the market price of Bitcoin will continue to grow and grow and grow. AKA Number-Go-Up. The four year cycle & the halving A popular theory is that if you buy and hold for at least four years, you will be guaranteed a profit. This is known as the four-year-cycle and corresponds to an event known as the halving. The Bitcoin halving reduces the block reward in half, mea...