Bitcoin
Bitcoin
Out of context: Reply #1712
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- _niko4
so what can you do with it? can you actually buy shit? what if everyone who owns bitcoin tries to cash out at once? is this just a massive ponzi scheme but in crypto form?
- i think the goal is to cashout when your investment reach a certain pointBennn
- but the big questine is when to cashout..Bennn
- yeah, with stocks you can sort of gauge the companies success, follow the industry, see what moves they're making and sort of predict where a stock could go but_niko
- with bitcoin it's 100% speculation I think, can go up or down unpredictably with no rhyme or reason. An ecconomist told me, could be $600k next year could be $0_niko
- welcome to 5 years ago nikosarahfailin
- lol really? qbn I am disappoint. posts like this happen time and time again when btc goes bullish.inteliboy
- https://qz.com/afric…uan
- It's like gold, but with no uses. If you buy 1 coin now, you are hoping in the future people will buy it for the same value or higher. You hope it stores value.shapesalad
- If people keep coming to bitcoin, if Wall St keep pouring money into it, you will see growth.shapesalad
- There comes a point when enough people have money in it, expect value from it, that it can't go to zero.shapesalad
- gold has a materializable value bitcoin does now. and it still can go zero, since its only "value" is that your trust in it.sted
- Predict future, win prizes. Very simple concept.nb
- a simple glitch leads to a loss of consumer confidence, and that drags down the price to the basement,sted
- since there is no physical value or economy that would sustain it.sted
- Gold can’t disappear from existence in the blink of an eye.monospaced