I’m so glad I invested thousands in cryptocurrencies. Gonna make me a millionaire.
“hit zero”! This is an irresponsible prediction.
I doubt it will hit zero. It is used for payments, much like paypal. That alone will keep it at least on a par with the dollar.
But it’s not an alternate “currency.” It is not a way to avoid the scrutiny of the irs. As an investment, it is wildly speculative.
Tulips are a flower, not an investment vehicle.
Cryptocurrencies are a medium of exchange independent of government, not an investment vehicle.
What is the difference between VALUE of bitcoin and
Share of company like amazon?
People might not be smart enough to ever understand cryptocurrencey. Investing in crypto and using crypto are two totally separate things. Using crypto for everyday purchases only has minor to nil chance of loss. Buying to invest is similar to investing in any third-world currency. You could make a mint, or lose your shirt.
why?
there are a limited number of BITCOIN...
there is an UNLIMITED SUPPLY OF DOLLARS AND THEY ARE JUST PAPER WITH PRINT ON THEM.... LIMITLESS
thus some say BOTCOIN ( not to include other cryptos) is going to $50,000
why - because of the limited supply and by passing the banking system
BOTCOIN = FREEDOM
Soon if the dollar is no longer coupled to oil (PETRODOLLAR) it will be cheaper to wipe your ass with a dollar than toilet paper...
why?
there are a limited number of BITCOIN...
there is an UNLIMITED SUPPLY OF DOLLARS AND THEY ARE JUST PAPER WITH PRINT ON THEM.... LIMITLESS
thus some say BOTCOIN ( not to include other cryptos) is going to $50,000
why - because of the limited supply and by passing the banking system
BOTCOIN = FREEDOM
Soon if the dollar is no longer coupled to oil (PETRODOLLAR) it will be cheaper to wipe your ass with a dollar than toilet paper...
Like the crash of ‘29, can we expect yuppie bitcoin investors to come raining down from tall buildings?