Holy crap is everybody going to get scammed when this stuff opens up. You're all guessing at all of this stuff wanting to get rich.
THERE IS NO INTRINSIC VALUE IN A BITCOIN.
The value is in decentralized currency exchanges.
There is NO reason to choose Bitcoin for the majority of people. It's already inflated in price yet it produces NOTHING unique.
I hope you all stay safe and don't put your eggs in the BTC basket of wishful thinking.
A Digital Coins worth is in HOLDING a STABLE VALUE. Look at the BTC charts and tell me if that looks stable? Why would I buy BTC Tuesday, have it be worth less Thursday, more Friday and then plunge 5 % Saturday when all I really need it for is to hold value long enough to purchase a service or good at a comparable price I thought I was exchanging my countries currency for when I bought it.
There is no intrinsic value in paper currency either. The attraction that bitcoin and other digital currencies hold is that the federal reserve banks have no way to dictate its value, they can’t print digital currencies or increase/ decrease the interest rates that they charge because they have absolutely no control over digital currencies. They also have no idea how much each account holds and have no way to access those accounts.
These are ideas fraught with interpretation and mean nothing. In comparison, neither gold, silver, dollars, bitcoins, salt, whatever is used as currency has ever been stable value. value changes.
Stable value can be found in those people hating bitcoin without really comprehending what it is.
But if anything: it is a revolution playing out right in front of your nose.
Holy crap is everybody going to get scammed when this stuff opens up. You're all guessing at all of this stuff wanting to get rich.
THERE IS NO INTRINSIC VALUE IN A BITCOIN.
The value is in decentralized currency exchanges.
There is NO reason to choose Bitcoin for the majority of people. It's already inflated in price yet it produces NOTHING unique.
I hope you all stay safe and don't put your eggs in the BTC basket of wishful thinking.
A Digital Coins worth is in HOLDING a STABLE VALUE. Look at the BTC charts and tell me if that looks stable? Why would I buy BTC Tuesday, have it be worth less Thursday, more Friday and then plunge 5 % Saturday when all I really need it for is to hold value long enough to purchase a service or good at a comparable price I thought I was exchanging my countries currency for when I bought it.
There is no intrinsic value in paper currency either. The attraction that bitcoin and other digital currencies hold is that the federal reserve banks have no way to dictate its value, they can’t print digital currencies or increase/ decrease the interest rates that they charge because they have absolutely no control over digital currencies. They also have no idea how much each account holds and have no way to access those accounts.
bitcoin has been sabotaged for a while now, that's my opinion. at least since around 2015. the price action swinging is partly due to the sabotage
monero actually looks to be the way to go. this whole year it has been nothing but solid while almost everything else has been bouncing around
Stable value. That is the key, is it not?
These are ideas fraught with interpretation and mean nothing. In comparison, neither gold, silver, dollars, bitcoins, salt, whatever is used as currency has ever been stable value. value changes.
Stable value can be found in those people hating bitcoin without really comprehending what it is.
But if anything: it is a revolution playing out right in front of your nose.