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Jan 7, 2021
11:37
:56
am
grosven
All-American
That is the thing right? You buy it as a gamble. How long will people view it as
insurance against Fiat currency inflation? I'm ok with 250% return. There are better uses of my capital vs. who is the greater fool. But it's fun to trade.
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grosven
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grosven
Joined
Aug 13, 2009
Last login
May 20, 2024
Total posts
13,283 (41 FO)
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Messages
Author
Time
Bitcoin just hit $40K
donnerstag
1/7/21 11:16am
It feel likes Bitcoin is the new gold.
cmoney
1/7/21 11:17am
Gold's market cap is still 10X that of bitcoin, but it could overtake gold
donnerstag
1/7/21 11:19am
It was more along the lines that during volatility, gold does great. So does BTC
cmoney
1/7/21 11:20am
Except gold can be owned physically. Main difference.
Heath Squashwell
1/7/21 11:22am
Or is it the new beanie babies?
Defenestrator
1/7/21 12:10pm
If beanie babies have continually increased in price since 2009 than yes.
Jay_L
1/7/21 12:17pm
You must have a different definition of continual than me.
Defenestrator
1/7/21 12:23pm
0 to 40,000 in a decade is saying something. It has never gone back to 3 digits.
Jay_L
1/7/21 12:28pm
Beanie babies and tulip bulbs had similar rises. That didn't give them inherent
Defenestrator
1/7/21 12:42pm
Comments like this and elsewhere on Cougarboard today make me think people don't
Jay_L
1/7/21 12:49pm
Ok. I hope you are able cash out on top.
Defenestrator
1/7/21 12:54pm
frowny face from me just because I had a bad bitcoin experience. will have to
StutterOfTheCougar
1/7/21 11:23am
Wouldn't mining Bitcoin be considered an environmental hazard?
TNT
1/7/21 11:24am
Lost money huh?
Romex
1/7/21 11:24am
What do you guys use besides Coinbase? They are always down or app doesn’t work
USMCdad
1/7/21 11:24am
US version of Binance
donnerstag
1/7/21 11:26am
Yeah I had a little bit in Binance but it was pre US version
USMCdad
1/7/21 11:48am
That's brutal
donnerstag
1/7/21 12:01pm
Some people on Twitter have claimed to have used a VPN set to a non-USA nation
DryFlyUte
1/7/21 1:03pm
Robinhood has a small Crypto market
groy
1/7/21 11:27am
Got an in-depth lecture on it 5 years ago. I felt so strongly to invest. It was
idacoug
1/7/21 11:25am
I sold and bought stonks in the bear market of 2021.
grosven
1/7/21 11:25am
So what happens when they aren't making new bitcoins?
groy
1/7/21 11:27am
We become slaves to the new feudal ruling class that live in parents basement.
grosven
1/7/21 11:28am
We are already at the stage that mining is too expensive
donnerstag
1/7/21 11:29am
It’ll be 50 years or so until that happens
I'mBatman
1/7/21 11:31am
Oh, I thought it was nearing the maximum amount
groy
1/7/21 11:35am
We are no where near close. Around year 2140 is when. Total 21 Million Bitcoin.
Jay_L
1/7/21 11:46am
We will have been in the millennium, begins in next decade.
Y'sWoody
1/7/21 11:53am
The blockchain remains and transactions still occur. People will make money
Mitty
1/7/21 11:39am
Bitcoin has major problems that imo, don't make it viable as a currency. And
CougarTailDevourer
1/7/21 11:44am
Sure am glad I sold at $16k! smh
ChiefBeef
1/7/21 11:31am
That is the thing right? You buy it as a gamble. How long will people view it as
grosven
1/7/21 11:37am
And down 4K just like that. To the price 10 hours ago
jollaksentie
1/7/21 11:51am
And back up by 3k....volatility.
jollaksentie
1/7/21 12:04pm
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