Frozenbeernuts
-
Content Count
26,645 -
Joined
-
Last visited
-
Days Won
44
Recent Profile Visitors
52,442 profile views
-
Buy bitcoin
-
So its necessary to devalue our currency constantly? That seems unsustainable. The problem is the amount of debt that is created gets created out of thin air. There are less and less dollars that back actual debt which is now spiraling out of control.
-
Buy btc. Money will rotate in and it will explode again. Then after bitcoin explodes, money will rotate into alts again
-
It all depends on capital gains. If it stays in place then probably not. If the government eventually removes it, which I doubt, then it could become the currency to use also.
-
People who are skeptical on bitcoin or anti bitcoin need to think about it like this: If bitcoin or something similar was never created, the US government would have eventually created its own form of digital currency. You do not want US digital currency since its even easier to track what you do and manipulate the money Bitcoin beat them to the punch and has already grown too much to defeat. It is the anti centralized currency that you should be rooting for. Think about it, a money that cant be inflated. Thats huge! Governments can't confiscate it. You people who hate government control and interference should be all over bitcoin. Instead there are a lot of people that are scared it will go down once they buy in. Listen to the podcast I posted
-
Before you get all pithy with me, go listen to bitcoin episodes of the investors podcast. I have linked it at least once.
-
Quadrupling down on being wrong. Smart move. We will revisit in 10 more years when bitcoin is still kicking
-
It will be measured in satoshi's. In the end there will be bitcoin and maybe a few other currencies. The importance is the government is going to screw you over and over and over again by devaluing the dollar. You can't trust any other form of currency not to inflate. Bitcoin can be dual purpose store of value and currency if people want it so. It isn't inflatable. Maybe you should think about what side you support. The government focking you over, or the monetary revolution. If you actually did some real research into bitcoin you would get it
-
That is actually a really interesting idea.
-
I would definitely not buy ETH right now. Just buy bitcoin. The odds are very much in favor of btc doubling from here at a minimum before the year is out. It will be worth a more than it is now in the future. Think 20x or more. Or buy a legit company like Amazon and just hold the shares.
-
Just sold half of my ETH. I will buy more if it consolidates or I will roll it into BTC
-
I keep asking that. In this instance the law seems to be bypassed.
-
I am a pipefitter. There are some guys who are good at investing. I know a few who personally have bitcoin. But there are always people like them. They are clueless about investing and would rather just not bother with it
-
I asked a few guys at work. Would you invest in bitcoin right now if I could 100% guarantee it would reach $1M within 5 years. The answer was unanimously No.
-
Let's not forget the mother of all Boomers, Charlie Munger ‘Of course, I hate the bitcoin success and I don’t welcome a currency that’s useful to kidnappers and extortionists, and so forth. https://www.google.com/amp/s/www.marketwatch.com/amp/story/charlie-munger-says-bitcoins-rise-disgusting-and-contrary-to-interests-of-civilization-11619978483 Really!? Wow, I didn't know that kidnappers and extortionists were basically invented by bitcoin. What a completely ignorant thing to say. Its really sad to such a brilliant mind go soft at his age Bitcoin forced banks to develop digital currencies. Which of course will be even more susceptible to manipulation. I won't even ask the question At what point will you finally admit bitcoin is here to stay, because I know the nocoiners in here will never do it. Even if it was worth more than $1M/coin, we all know the same people will be sitting there talking about how the bubble is going to burst.