#221
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speculation is speculation is speculation. bitcoin will hit 100k.
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#222
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Might see 25k but it's not going below 20k ever again.
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Spud McKenzie, Level 60 Druid <Divinity>
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#223
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What you think all the retards are going to buy with their tendies? BC
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#225
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Why do you think the treasury is close to making it illegal? That's not true at all. We have US senators and representatives who are bitcoiners. Mayors major US cities, CEO's... all coming around to it. It is becoming too entrenched for a full ban at this point. Even if major nation were to ban (ie China, India), it has happened in the past the price of bitcoin went up. If the US were to ban bitcoin for some reason, it would be a major blow to innovation in the cryptocurrency space. Game theory would then dictate that another competing nation such as China, India or Russia would out perform the US. Even with a ban, anyone can easily buy or sell Bitcoin by using a VPN. Quote:
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Spud McKenzie, Level 60 Druid <Divinity>
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#227
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That being said, I think it's really hard to say bitcoin doesnt have value, every currency that is not a good has value as long as there is trust in its value. Currently the bitcoin is signficantly more valuable than the dollar, it is a finite resource that the govt can't print on demand, and is fairly powerfully protected as far as the currency itself, maybe not the exchanges people hold it on though, and there is the crux. I think that, i really hurt myself, off of shortterm and longterm profit, by not continuing to hold BTC, its value can only go up as it will become more scarce as people lose BTC on old harddrives and/or die with it encrypted, so almost like a commodity.. It's hard to look that far ahead when crypto is still so volatile, but people are INCREASINGLY plugged into digital landscapes, perhaps COVID accelerated the easy acceptance of secure digital currency, but the irony is it is treated like gold/silver and if the stockmarket/economy starts to go belly up, it currently inflates itself as people 'panic buy' to diversify their assets.
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#228
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Bitcoin will hit 100k, just chiiiill. Ur money's workin. no need to sweat unless you need that dough for dope. Speaking as someone who already made a chunk off the $2->$1000 transition and threw it all away [You must be logged in to view images. Log in or Register.]
The notion the treasury will ban them is laughable btw, nutcase alert. It's fundamentally unbannable anyway (although I admit such a move banning them from exchanges would cause a crash) I know I am very late but I think I might buy GME tomorrow. I will flip me a coin. | ||
Last edited by imperiouskitten; 02-01-2021 at 05:18 AM..
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#229
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<Millenial Snowfkake Utopia>
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#230
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idk why she retired wonkie, but yes that's her
btw i decieded NOT to buy gme today but i wish the rioters well | ||
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