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seesaw saysIn Bitcoin you really can't have your "Coins" stolen.
But if you want to sell your "coins" you need to find a bigger fool than the one that bought your coins.
Tell me if I am wrong?
But if you want to sell your "coins" you need to find a bigger fool than the one that bought your coins.
Onvacation saysBut if you want to sell your "coins" you need to find a bigger fool than the one that bought your coins.
Sounds like the current state of housing market in SFBA
That works until that greater fool makes money off of it.
but at least there is a real business behind each share of stock.
It's a protocol for information synchronization. It can precicely and chronologically Time order any data ( Blockchain) and have a built in check for Validity without any central authority.
Finally.. Mining is global... not just China... so the China arguement does not hold major water with me...
seesaw saysFinally.. Mining is global... not just China... so the China arguement does not hold major water with me...
He just bought 1.5B USD worth of Bitcoin and now tweets that the energy consumption is a problem? Who is he kidding....of course he knew this when he bought....So what is he up to?
Until you can throw $5-10M+ at an investment and lose it all, you can't beat the other players. At some point you run out of money after they took all yours.
Bitcoin saysHe just bought 1.5B USD worth of Bitcoin and now tweets that the energy consumption is a problem? Who is he kidding....of course he knew this when he bought....So what is he up to?
We've told you.
I’m not a hater, but it’s ridiculous to brag about owning something which “dips” 48% at any time.
Anything that can fall 48% for no apparent reason is worthless to me.
an asset that is up 500% in a yearThat's the scary part to me, things that are too good to be true usually aren't. The 20's were fun while they lasted.
Bitcoin saysan asset that is up 500% in a yearThat's the scary part to me
Musk was the richest man in the world...then he bought Bitcoin.
The Bitcoin high 64,863 was 48% above 43,705
The decrease from the high was 32.6% of the high.
Whichever way you look at the drop, it’s too big.
I’m not investing in Bitcoin because it’s not an investment.
I’m comfortable with my real investment performance.
Why do you get so snippy? I’m not keeping my money in a checking account.
I’m not afraid to roll the dice but I’m not interested in a game of musical chairs.
The decrease from the high was 32.6% of the high.
Aapl has had 30% drops as well more than once or twice. I don't think it's fair to say bitcoin is not an investment. Those who bought at 5k are sitting pretty. Call it a trade if you want to make the point that it doesn't pay dividends or have earnings. I agree that it's def more speculative but aapl hasn't crossed its previous high in a long time as well, and look at tsla. Nothing is without risk, so diversify and keep emergency cash has never been wrong, no matter what you invest in.Exactly right. I just treat it as a form of asset diversification. Anyone who goes all in on crypto is stupid, but it's prudent if someone has it as at least 5-10% of their portfolio.
I think Trump just bought 555 California Street in SF. The bank of america building. I wonder if he used bitcorn proceeds lolz.
I think Trump just bought 555 California Street in SF. The bank of america building. I wonder if he used bitcorn proceeds lolz.
A crypto lender is trying to claw back bitcoin after accidentally depositing hundreds of coins into user accounts
Comparing Apple to Bitcoin is pure delusional fantasy.
I’m not jealous (correct word is envious) of anyone who says he made money playing musical chairs.
I don’t have a cheerleader outfit.
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I know it's still up at like 40k, but uhh.. how did 20% of this amazing store of value evaporate in 2 days?
Hint. this is still speculation even though it is up.
Have fun speculating, but remember to limit your exposure, and diversify your investments.