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To: CFW

Junkcoin


2 posted on 03/06/2024 6:07:34 AM PST by butlerweave
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To: butlerweave

I got in between $21k to $27K and its tripled since.


3 posted on 03/06/2024 6:09:08 AM PST by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
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To: butlerweave

I’ve never quite understood the value of bitcoin.

I understand based on supply and demand that the price of Bitcoin has been bid up over the years, because there’s a demand for it as an investment.

If you buy stock in a company , you’re buying a share of the company, its assets, and anticipated future profits. If the company is profitable based on the sale of its products ,then you will possibly get a dividend on your stock investment.

With Bitcoin you don’t get any of that. Bitcoin does not produce goods or services or sell products to customers. Bitcoin is not a business which produces anything. Bitcoin has value because people buy into it, but there isn’t any underlying business operation with bitcoin.


17 posted on 03/06/2024 6:59:46 AM PST by Dilbert San Diego
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