Bitcoin : The New World Currency

Mindless Chatter - Not related? Post it here.
Cookie Head wrote:
submethod wrote:To the non believers, scroll back to page one. You’re welcome!
BTC is now at $67K!!!!!

Hope nobody went all in at $67K!


i go all in when i hear 69!
vvk
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Price has gone down.
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password
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password wrote:Price has gone down.



Way down. Almost 70% off its high. I don't see it making a big comeback for a while.
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jjttdw
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brintoul
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brintoul wrote:https://www.fooledbyrandomness.com/BTC-QF.pdf


IMO it was successful because there was so much liquidity and people were investing in riskier things.
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jjttdw
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jjttdw wrote:
brintoul wrote:https://www.fooledbyrandomness.com/BTC-QF.pdf


IMO it was successful because there was so much liquidity and people were investing in riskier things.


I don't see it as "investing" so much as "gambling", but the line is blurry oftentimes. To me it seems like "investing" in a cryptocurrency is like buying into a share of a programming language.

Sure, it's fun to see the cost of a BTC to go up bigly - but what's the point of it, really?
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brintoul
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I never really saw the point in it...same with NFTs. But what do I know....I'm just a guy on his way to becoming a geezer. Only purchase I'm considering is buying a farm from the in-laws.
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