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Exactly. Companies that don’t embrace new technology (like block chain) will end up like Kodak! Oh wait, even Kodak is trying to jump on the crypto train.
https://www.google.com/amp/s/www.coindesk.com/kodak-launching-cryptocurrency-photographers/amp/
If it provides no value, it's rather pointless to embrace it.
Crypto currencies have a lot of value for people who don't like the idea that the government can confiscate all the money in a bank account at any time.
I have a friend who found this out during a dispute with the dmv. They simply confiscated the disputed amount from his checking account, and he had never even told them about the account. They can look it up by ssn.
Crypto currencies have a lot of value for people who don't like the idea that the government can confiscate all the money in a bank account at any time.
I have a friend who found this out during a dispute with the dmv. They simply confiscated the disputed amount from his checking account, and he had never even told them about the account. They can look it up by ssn.
That's true and why they are here to stay, but that doesn't make them worth $19k, likely not even $5k. Hard to say where it will eventually settle.
Wow, this will go down in history as one of the best buying opportunities. Big daddy Goes down to 5k or so and will end up at 60k in April!
Yep, all the smart cookies are liquidating their shares in stock market Ponzi scheme to be ready to go all in when BTC hits the sweet spot @ $5K.
BTC hits the sweet spot @ $5K.
The long term? bitcoin is going to $0.
As some point, the electricity will cost more than the profit from mining, and then it is basically finished.
Satoshi_Nakamoto saysYep, all the smart cookies are liquidating their shares in stock market Ponzi scheme to be ready to go all in when BTC hits the sweet spot @ $5K.
I wonder if anyone bought at 20k and is holding?!!
20k will look very cheap once BTC hits 100k
lostand confused saysSatoshi_Nakamoto saysYep, all the smart cookies are liquidating their shares in stock market Ponzi scheme to be ready to go all in when BTC hits the sweet spot @ $5K.
I wonder if anyone bought at 20k and is holding?!!
100k this year, 500k next year, after that, prob. A million.
Wake me up when price goes back to $9k again.
Got so quiet here. Where are all those bitcoin haters and perma crypto bears? “It’s going to zero!!! Sell now!!”
Not going to recover so quick it simply has tested the 50% loss in MC and is likely to flip big time the fact it blew through 61.8 so hard shows very good odds of a min. test of 7500/61.8 and the weight of price possibly taking it much lower then the last low of 6k tgt 4500, 2350 +/-.... Don't FOMO into BTC you will regret it, BTC has to pay for all the broken promises and general inefficiencies price discovery has just begun and will expose...
It’s more fun investing in BTC
Put your ten bucks in stocks and get excited about 2-5% increases!
I am a believer in the tech however the noob pool needs cleaning they are so out of their league and the fat cats are not going to let them keep that easy money imo...
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I have no interest in getting rich quick even though that sounds backward.
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Hi guys,
I'd like to start a conversation on crypto-currency, particularly Bitcoin.
What do you all think about it from an investment point of view today? I have some buddies in the finance world who are quite bullish on it and claim we are just scratching the surface. Judging by the recent performance, they may be right.
For people who are investing in Bitcoin, what are you using to invest and what recommendations do you have for a new investor?
Also, how are gains taxed compared to typical stock market gains?
I read this week that over 100,000 merchants in the USA are accepting Bitcoin today.
At the same time, digital currency does scare me a bit as it seems so abstract. Curious what PatNet thinks.
Thanks guys!