You make an excellent point - I often wondered why anyone would actually use #bitcoins to buy items (except for criminals of course), when it is so volatile. It reminds me of Germany's currency after World War I when people never knew how much their money would by the next day. #Facebook's #Libra is a stale coin which makes far more sense to me. Will $NCTD's Flip Pay be compatible with that?
That's a bigger drop than I realized @[Michael Molman](user:50272), but still more than a 7x increase over last year. I'm sure you and I both wish we had bought up some #bitcoins back then.
The question is, did the guy who sold the pizzas for 10,000 #bitcoins, still have those bitcoins? If so, being valued at $120 million now, I bet he's no longer selling pizzas!
You are exactly right. As long as #bitcoin isn't regulated and can be banned by countries, it simply can't be an asset class. I'll never understand the mania around #bitcoins.
My concern with #DigitalCurrency is that anything is hackable. And when there is no paper trail, you are simply out of luck. That's why I'll never invest in #bitcoin. Look at all those people who lost their #bitcoins when Mt. Gox went under. #Gold and liquid #cash are always a safer investment.
NXT-ID’s Crypto Play Awaits Traction Amidst Delisting Warning
You make an excellent point - I often wondered why anyone would actually use #bitcoins to buy items (except for criminals of course), when it is so volatile. It reminds me of Germany's currency after World War I when people never knew how much their money would by the next day. #Facebook's #Libra is a stale coin which makes far more sense to me. Will $NCTD's Flip Pay be compatible with that?
Cryptocurrency: Money Or Asset?
I thought one of the hallmarks of #cryptocurrency is its anonymity. How would any one know if North Korea bought up #bitcoins?
MGT Capital Investments (MGTI) Just Not Enough Visibility To Justify Risks
I had no idea there were real, publicly traded companies whose focus was to mine #bitcoins!
Fintech Startup Robinhood Announces It Will Support Cryptocurrency Trading
That's a bigger drop than I realized @[Michael Molman](user:50272), but still more than a 7x increase over last year. I'm sure you and I both wish we had bought up some #bitcoins back then.
Bitcoin’s Value: Probably A Lot Higher Than You Think
The question is, did the guy who sold the pizzas for 10,000 #bitcoins, still have those bitcoins? If so, being valued at $120 million now, I bet he's no longer selling pizzas!
More Thoughts On Bitcoin
You are exactly right. As long as #bitcoin isn't regulated and can be banned by countries, it simply can't be an asset class. I'll never understand the mania around #bitcoins.
The Needed Acception Of Cryptocurrency Today
My concern with #DigitalCurrency is that anything is hackable. And when there is no paper trail, you are simply out of luck. That's why I'll never invest in #bitcoin. Look at all those people who lost their #bitcoins when Mt. Gox went under. #Gold and liquid #cash are always a safer investment.
Is Bitcoin’s ETF GBTC A Buy Opportunity At This Point?
A #BitcoinEtf is for people who want to buy and hold #bitcoins like a stock. You can learn more here:
www.investopedia.com/.../...s-how-do-they-work.asp
#bitcoin $BITCOMP
Is Bitcoin’s ETF GBTC A Buy Opportunity At This Point?
I've heard of #bitcoins, but what the heck is a #BitcoinETF?