Bitcoin $781.41
- Thread starter MadJack
- Start date
Bitcoin $781.41
As more 401(k)s and other retirement vehicles allow you to invest in bitcoin, the more accepting everyone will be in owning cryptocurrency.
If your skittish about owning a crypto coin outright but want exposure to the sector, take a look at AKRW.
And unlike many crypto coins, the developer of bitcoin set a finite amount of coins to be mined.
That number has not been reached yet, but when it does and if demand for bitcoin stays strong, the sky is the limit for what the value of a single bitcoin could reach.
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BTC is up 20% since the finance guy weighed in. He's right - Blockchain is the future but what he doesn't realize is there is no real blockchain without a digital currency. One entity just bought $51m into one wallet. The institutional money is here and it's going to keep coming. And they're all going to want our coins.
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As more 401(k)s and other retirement vehicles allow you to invest in bitcoin, the more accepting everyone will be in owning cryptocurrency.
If your skittish about owning a crypto coin outright but want exposure to the sector, take a look at AKRW.
And unlike many crypto coins, the developer of bitcoin set a finite amount of coins to be mined.
That number has not been reached yet, but when it does and if demand for bitcoin stays strong, the sky is the limit for what the value of a single bitcoin could reach.
Sent from my iPhone using Tapatalk
You folks sound like gold bugs. You have not idea what you're talking about. Completely and utterly brainwashed without an inkling of being open to new ideas.
"Oh, a finance guy? I know finance guys. They are dumb."
I've been around a long time and was actually trying to help, but there can be no conversation. It's going to infinity and anyone who says otherwise is an idiot. Have fun with your worthless tokens rubes.
"(If you?re having trouble picturing it: Imagine that a friend is building a casino and asks you to invest. In exchange, you get chips that can be used at the casino?s tables once it?s finished. Now imagine that the value of the chips isn?t fixed, and will instead fluctuate depending on the popularity of the casino, the number of other gamblers and the regulatory environment for casinos. Oh, and instead of a friend, imagine it?s a stranger on the internet who might be using a fake name, who might not actually know how to build a casino, and whom you probably can?t sue for fraud if he steals your money and uses it to buy a Porsche instead. That?s an I.C.O.)"
LOL. That's fucking rich. A lot of 401k will put in vehicles with 20% daily volatility. You are insane.
Thanks for the help, Trent. Always like to hear other people's opinions no matter how uninformed and dated they can be.
Also Enjoyed the video below. One guy that knows what he's talking about and two finance guys talking about tulips
Peace!
Also Enjoyed the video below. One guy that knows what he's talking about and two finance guys talking about tulips
Peace!
To some extent the way you are describing ICOs is accurate. Most ICOs and many coins being developed at present are not true blockchain and will not amount to anything. The success of any of these alt coins will depend on if actual usable products are being produced. At this point, that is speculative. However, if usable products end up being produced, they will likely be produced in rapid succession, and the entire sector could grow very quickly.
I would be careful lumping those alt coin projects in with BTC, however. Completely different animal. BTC could thrive even if the entire alt coin market goes to zero. And it does not need to "replace fiat" for this to occur. I do not think anyone knows where any of this will definitely go, but as more money and brain power is poured into it, the risk of complete failure decreases. It is very easy to be overly positive and overly negative in this environment, but the upside is there, and the technology is definitely disruptive.
Bitcoin $781.41
Not my problem you have no idea what you're talking about.
Finance huh?
Selling used cars is hardly finance, but whatever you need to tell yourself.
https://bitcoinira.com
Not my problem you have no idea what you're talking about.
Finance huh?
Selling used cars is hardly finance, but whatever you need to tell yourself.
https://bitcoinira.com
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I already have a large bet with my BTC holdings and am on a free roll because I started accumulating August 2016 when it was around $500. I'll take my changes. :0008
- Feb 26, 2001
- 13,593
- 164
- 63
Those guys remind me of Dave Cokin and Jim Feist and Wayne Root telling me where I should invest my cash on Saturday's and Sunday's.
5610 this morning....:toast:
And I would assume that the buying is due to the hard forks coming on the 25th and in the middle of November.
Will many people dump their BTC after getting the Bitcoin gold?
That's the 64,000 question.
I'll get completely out of BTC if it hits 6K and then wait for a pullback to get back in.
Will this happen?
It's anyone's guess...:shrug:
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- Feb 26, 2001
- 13,593
- 164
- 63
Hasn't history showing this stuff is about ready to drop $1,000 again? When is someone going to sell some off, and buy when it drops?
:0corn
:0corn
