- Mar 19, 2006
- 38,176
- 356
- 83
- 74
Bitcoin $781.41
- Thread starter MadJack
- Start date
By 2025, cryptocurrency will be the norm as banks will all be digital.
Iso20022 will replace the SWIFT system.
I also think that 99% of the cryptocurrencies around today will be worthless by 2030.
Central banks have committees investigating the use of CBDC - "Central Bank Digital Currencies".
Visa, Mastercard, GooglePay, ApplePay, Amazon and many major Pan-Asian, European and Middle East banks have contracts signed with cryptocurrencies for payment networks.
Choose wisely.
Iso20022 will replace the SWIFT system.
I also think that 99% of the cryptocurrencies around today will be worthless by 2030.
Central banks have committees investigating the use of CBDC - "Central Bank Digital Currencies".
Visa, Mastercard, GooglePay, ApplePay, Amazon and many major Pan-Asian, European and Middle East banks have contracts signed with cryptocurrencies for payment networks.
Choose wisely.
Yes. So many people have lost so much money. I've definitely never heard this before with cryptocurrencies. You're on it though. Thanks for the investment advice.
I wont risk money on crypto.
I still root for those who have, though!
Yup. At $800 a pop, it looked like I missed the boat.
I plan to hold. It always goes through these peaks and valleys. The next time it goes up it will go up higher than the last time. Higher highs and higher lows.
Maybe a big mistake but I pulled completely out of the stock market on Friday.
Maybe a big mistake but I pulled completely out of the stock market on Friday.
It's way too late to stop Bitcoin. Banks and big money are involved. Don't let them buy your Bitcoin cheap. It's still early for those who haven't made the jump.
I've only used Bitcoin to make deposits/withdrawals, but was planning on investing at the right time. Is now the right time Jack?
What happens when technology improves and the mining process is expedited? Am I missing something or isn't that a massive inflation risk with this?
Dave Ramsey always says you only get hurt if you jump off the roller coaster, and I think I've learned the hard way that there is something to it. I pulled a bunch out after the 2020 COVID drop and kept it out for a long time....and I regret it.
I just read that there is a maximum of 21 million coins, so I guess that answers that.....kind of.
There's a chance we could see $20K again. Hard to tell, so many opinions out there by so called experts. There's also the chance we could see $100k in the next few months. Hard to say. I'm not going anywhere.
I can always jump back in. I just feel like we have a bubble here and there will be better opportunities in the future. I'm comfortable on the sidelines right now.
In addition to the maximum of 21 million coins there is a difficultly adjustment that ensures that the mining reward/block time is kept relatively constant at 10 minutes. There is no way to accelerate mining of the coins.
