BITCOIN Discussion..........

[jjgold]

It’s not scary yet. I’m coming in at 25,000.

 

[b3winsto]

It went to 125k based off of nothing and it can cripple down to 50k......based off of nothing.

 

[Wagerallsports]

Millions have been lost for some

How do they sleep at night knowing tomorrow they could wake up and many more millions gone?

 

[BigJay]

it just dies out, goes to zero.

 

[ggzola]

waiting for low 70s to jump back in, buy a whole 1/2 btc

 

[Ace7550]

It's pretty entertaining watching people freak out when bitcoin tanks. Like it's never happened before.

 

[BigJay]

It’s not scary yet. I’m coming

 

[Wagerallsports]

Small recovery since this morning

 

[Wagerallsports]

Slowly creeping back up

In a couple of months will probably all regret not buying at 82K

 

[canuckg]

Bought the dip on the canadian btc etf holding for a sweat

 

[canuckg]

just broke 90k

 

[flyingillini]

just broke 90k

I think we see 110k by Christmas.

 

[phillyflyers]

One thing no one is talking about.

The price of gold at over 4k per ounce.

Or rather, why it's over 4k an ounce.

Do people really actually think gold by itself is this valuable?

It's not.

The reason it's over 4k per ounce is because our money has been devalued to the point that it now takes over 4,000 of them to get an ounce of gold.

Got that?

It's because our money has been devalued.

In saying this, I think there's a strong chance that investors will start to see Bitcoin and other crypto as more of a safe haven rather than focusing on stocks and bonds in the future.

Especially the younger generation of new investors coming up.

 

[flyingillini]

One thing no one is talking about.

The price of gold at over 4k per ounce.

Or rather, why it's over 4k an ounce.

Do people really actually think gold by itself is this valuable?

It's not.

The reason it's over 4k per ounce is because our money has been devalued to the point that it now takes over 4,000 of them to get an ounce of gold.

Got that?

It's because our money has been devalued.

In saying this, I think there's a strong chance that investors will start to see Bitcoin and other crypto as more of a safe haven rather than focusing on stocks and bonds in the future.

Especially the younger generation of new investors coming up.

Philly , I want you to debate this man

 

[canuckg]

I think we see 110k by Christmas.

Thatd be beautiful

 

[nasios]

The reason it's over 4k per ounce is because our money has been devalued to the point that it now takes over 4,000 of them to get an ounce of gold.

It's always adviced to possess items which cannot be inflated within one night with two buttons.
Fiat money is exactly this. Governments decide and print money whenever they want. Then there are more of them in the market which make them less valuable.

This can't happen that easily with precious metals. You have to find the spots, bring the machines and all the workers to mine it and this will take much time. Gold is indeed inflated too and new machines and technology mine it more efficiently nowadays, but again it is not a two-buttons effort..

This is my perspective..

 

[milwaukee mike]

It's always adviced to possess items which cannot be inflated within one night with two buttons.
Fiat money is exactly this. Governments decide and print money whenever they want. Then there are more of them in the market which make them less valuable.

This can't happen that easily with precious metals. You have to find the spots, bring the machines and all the workers to mine it and this will take much time. Gold is indeed inflated too and new machines and technology mine it more efficiently nowadays, but again it is not a two-buttons effort..

This is my perspective..

i disagree about mining gold more efficiently... there's almost nothing left to find in the world except veins of dust... the price reflects that.

gold can go up or down over the next 10 years, while dollars can pretty much only go down every year until the end of time, you're 100% right on that!

 

[Wagerallsports]

Headed back up probably to 120K+and we all missed out on 40-50% profit

 

[Tanko]

Headed back up probably to 120K+and we all missed out on 40-50% profit

You might be a little too optimistic about $120k but I like it anyway.

 

[flyingillini]

You might be a little too optimistic about $120k but I like it anyway.

I just loaded up more on XRP, BTC, XLM , XDC.