Bitcoins worth more than gold

[spitthedog]

I always new these Bitcoins would be a winner.

There's definitely a place for investing on just the story and hype, I guess.

Tesla
Facebook
Ocado
Twitter

All basically story stocks, with very little profit vs market cap, but fantastic investments over the years never the less.

I guess Bitcoin is a macro play. Sort of like the new hedge investment, replacing gold in some ways.

How do you know when to get out though?
And can you get out when you want in a crisis with such low liquidity?

[Scranter]

1 BTC = $34,195 USD

January 3, 2021

[techietraveller84]

1 BTC = $32,381 USD

Jan 4, 2021

Is the bubble bursting?

[chain coin]

All those at the top of the pyramid cashing out.

When it plummets to 3,ooo im buying in big and holding until it hits 40,ooo next time then cashing out.

Rinse and repeat.

[logos]

All those at the top of the pyramid cashing out.

When it plummets to 3,ooo im buying in big and holding until it hits 40,ooo next time then cashing out.

Rinse and repeat.

I wouldn't hold my breath. Blockchain tech might be the next step in payments. In any case acceptance is growing.

I was a heavy doubter, still harbour some skepticism but been revising my opinion. Also having started making decent returns in crypto helped change my mind.

[regulator]

Its true satoshi did intend to introduce an e currency but, satoshi didnt ask the governments of the world and therein lies cryptos biggest threat.

Regulation, which hasnt been done because the regulators see cryptos as game tokens.

[Scranter]

January 7, 2021

1 BTC = $37,545 USD

[e Yuan]

China is planning to dominate cryptos with their version.

What then for the gaming tokens?

[techietraveller84]

China's "crypto" is a bit special.

"Unlike cryptocurrencies like bitcoin, the digital yuan will not use blockchain, distributed ledger technology which allows transactions to be validated without the need for banks."

And why might China want it's own digital currency?

Widespread use of the digital yuan would give Chinese policy makers greater visibility into how money flows around China’s economy.

This would help them track any illicit flows of funds, such as money laundering or terrorist financing, and it would also allow them to experiment by targeting monetary policy interventions on specific economic classes, regions or other groups.

China's version doesn't feel like a traditional "crypto" at all. But is instead a traceable, manageable, digital version of the RMB.

https://www.reuters.com/article/us-chin ... SKBN27411T

[nerdlinger]

In any case acceptance is growing.

I’ve been hearing this for over a decade now and yet I’ve still to see a single shop on my local high street take Bitcoin.

[Starving Pelican]

In any case acceptance is growing.

I’ve been hearing this for over a decade now and yet I’ve still to see a single shop on my local high street take Bitcoin.

This. And unlike other threatening tech, such as Uber vis-a-vis the taxi industry, the banking 'industry' is too world-encompassing and powerful to go down without a serious fight.

[YaTingPom]

In any case acceptance is growing.

I’ve been hearing this for over a decade now and yet I’ve still to see a single shop on my local high street take Bitcoin.

This. And unlike other threatening tech, such as Uber vis-a-vis the taxi industry, the banking 'industry' is too world-encompassing and powerful to go down without a serious fight.

What about Tesla and the oil companies then?

[Starving Pelican]

In any case acceptance is growing.

I’ve been hearing this for over a decade now and yet I’ve still to see a single shop on my local high street take Bitcoin.

This. And unlike other threatening tech, such as Uber vis-a-vis the taxi industry, the banking 'industry' is too world-encompassing and powerful to go down without a serious fight.

What about Tesla and the oil companies then?

Oil is used for a billion and one things in addition to making cars go. Plus Teslas are too expensive to become mainstream, at the moment anyway.

[Where, how]

Ive been following btc for years but still to this very day dont know where to buy and sell btc in one website with confidence and that my wallet is not going to disappear forever in the next raid.