I don’t think anyone knows where it’s going to go from here. Obviously people invested would like to see it go up. Then there are people that feel indifferent about it, and some who want it to fail.
All I know is if you had invested $100 in 2010 and forgotten about it, you would be able to trade it in today for 60,000,000 very real, United States dollars.
No, I completely understand it. It is not hard specie money. Know what that is? Currency is not money. Hard specie money is gold or silver coin, backed by gold or silver. Absolutely NOTHING backs bitcoin. Hyperbole has driven the "price" up.
If cryptocurrency had value backing it, it would be called cryptomoney.
Seriously how can code of one's and zero's have any value? It cannot, ever.
You might want to educate yourself on money vs. currency. Let me help.
Modern Money Mechanics.
Creature From Jekyll Island.
Billions lost on an imaginary currency with fairy dust backing it!
Never bought into the bitcoin hype or hysteria.
Our REAL estate values keep going UP, based on property tax values.
20K in dirt. 50 rental properties. Zero mortgages! REAL value.
Screw an imaginary currency!
Serious investors do REAL estate. Gates, Buffet comes to mind.
We have done the same!
Just a matter of time when the rug has been pulled out from the suckers.
Currency is not real in any sense. Currency vs. money. Know the difference?
Currency is paper money backed by nothing. Federal Reserve Notes, (take a look at a one dollar bill closely), are nothing more than debt instruments.
Money is hard specie coin made of gold or silver, struck with a weighted, by gram, amount of gold or silver, backed by gold or silver.
This cryptocrap is binary code with nothing backing it but hype.
Modern Money Mechanics Creature From Jekyll Island
Both available in pdf.
I don’t think anyone knows where it’s going to go from here. Obviously people invested would like to see it go up. Then there are people that feel indifferent about it, and some who want it to fail.
All I know is if you had invested $100 in 2010 and forgotten about it, you would be able to trade it in today for 60,000,000 very real, United States dollars.
There’s nothing imaginary about that.
WHAT backs it beside hyperbole? What commodity backs this? Name one, please.
It IS imaginary. many people will be screwed!
Want to know what has REAL tangible value? REAL estate.
No, not houses.....dirt. Acres of it.
Bitcoin was sold via hyperbole, period.
Because of my REAL Estate holdings, I have been inundated about bitcoin....for years. No thanks! I love the feel of dirt! Can't feel a bit coin.
I don't think you understand cryptocurrency tbh. Do you think there is value in a digital trustless value transfer mechanism?
No, I completely understand it. It is not hard specie money. Know what that is? Currency is not money. Hard specie money is gold or silver coin, backed by gold or silver. Absolutely NOTHING backs bitcoin. Hyperbole has driven the "price" up.
If cryptocurrency had value backing it, it would be called cryptomoney.
Seriously how can code of one's and zero's have any value? It cannot, ever.
You might want to educate yourself on money vs. currency. Let me help.
Modern Money Mechanics. Creature From Jekyll Island.
Both available in pdf.
Costs are liabilities, not assets. Costs fall under the debt side of any accounting ledger.
Cryptocurrency is precisely a fiat currency. A binary code backed by hyperbole only.
It's not tangible, hence it is not real.
Cryptocurrencies are a volatile and unpredictable form of mney, hence the up and down in value.
I have spent the past 30 years transferring FRN's into tangible assets, real estate, and my real estate values have been consistently rising.
Modern Money Mechanics
Creature From Jekyll Island
Capitalist Conspiracy
Must read books to learn the difference between currencies and money.
Bitcoin is the ultimate, I only want it because someone else wants it, item
What can I say? Sorry. Sheople you are. REAL Estate has more value than a fake currency. Bitcoin is a fake currency. NOTHING backs it but hype.
Learn the difference between currency and hard species money.
I took fake currency, US dollars and converted it into a REAL tangible ASSET. REAL estate. I own REAL dirt and properties.
Can you put your hands on Bitcoin? NO.
You truly want REAL estate. but can't get your hands on it.
Bill Gate bought over 240K of dirt. Wonder? Does he own any bitcoin? Doubtful.
Same as Warren Buffet.
"A sucker is born every minute"- P. T, Barnum.
Try again.
Yep. Pure digital FOMO.
It's been the moon and beyond
How would you like your cock served to you?