Still invest in Bitcoin?

New JK0628
Feb 11 27 Comments

Are you invest in BTC or not?

7 VOTES SELECT ONLY ONE ANSWER
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TOP 27 Comments
  • Oracle rtw
    Bitcoin will survive and rise from current levels to 100k in a few years as it has a universal brand and limited supply
    Feb 12 1
    • Google / Eng 🍑☁️
      What percentage of your investment portfolio is Bitcoin?
      Feb 12
  • Apple tBrm51
    Heck yeah
    Feb 11 0
  • you need to wait for new generation of fools to be born and bred so that you can make money off em
    Feb 12 0
  • This comment was deleted by original commenter.

    • Veritas / Eng hYwH16
      Approximately 30 million people own some form of crypto. A smaller subset of that owns Bitcoin. That's less than 1% of the world's population. Just because you got burned doesn't mean there's won't be future demand
      Feb 12
    • Veritas / Eng hYwH16
      Open my eyes to what? Here's a quick history lesson. Many middle class Jews stayed in Nazi Germany for as long as they did because they didn't want to or couldn't leave their possessions (house, etc) behind. It cost many their lives. We see similar behavior with former middle class refugees today. Talk to our Somalian refugees. They once owned homes, now they live as refugees would, on food stamps and public housing. You can't exactly wire your money out of Somalia, keep your net worth in venmo, or carry a bunch of gold bars. Imagine if they could flee the border, with their wealth, without their wealth being able to be seized. That's the use case I'm passionate about. Comedy gold for you is real life for many. In America, you may be surrounded by greed and "shilling". The next Fyre festival or Bitconnect is around the corner. But to many, often outside of the US and the tech circle many of us in Blind are lucky to be a part of, this is life changing technology.
      Feb 12
  • Wells Fargo ub2/uj
    Banks are worth trillions, they won’t let the bitcoin outshine them at least in the near future..competition. Bitcoin is good only from a tech standpoint.
    Feb 12 2
    • Microsoft
      Tier 1

      Microsoft

      BIO
      #1 in Prestige
      Tier 1more
      It’s not even good from a tech standpoint.
      Feb 12
    • Veritas / Eng hYwH16
      It solves Byzantines generals problem, just hasn't been able to scale, yet
      Feb 12
  • Apple gWND05
    Manufactured hype from those cashing in on sheeple. 10 years in the game and still no widespread use for it. Can’t even buy drugs anymore with it.
    Feb 12 0
  • Nvidia spm3
    Buying
    Feb 12 0
  • This comment was deleted by original commenter.

    • Google RockLobsta
      So basically this thread is an ad. Fuck off.
      Feb 12
  • Wells Fargo ub2/uj
    I would rather drop the money in hundial
    Feb 11 0
  • Apple 88812122
    Zero value
    Feb 11 0
  • Veritas / Eng hYwH16
    Yes... Still haven't seen a good argument against. It's a censorship resistant judgment resistant store of wealth. You can literally cross an ocean with a key in your head, and no once can seize that wealth. Middle class refugees can keep wealth, Venezuelans can hedge against inflation. If you're in a first world country, you may not immediate value, but in less fortunate places, it's useful.
    Feb 12 2
    • Apple 88812122
      You are disillusioned my friend, come back to reality
      Feb 12
    • Veritas / Eng hYwH16
      Sure, if you can provide an argument against :) I'm willing to listen decent arguments, i like discussing this type of stuff
      Feb 12
  • Microsoft Bitnow
    Keep buying bitcoin. Dollar will collapse and bitcoin will moon in very near future. It’s irresistible.
    Feb 12 0
  • My believe is that in the long run bitcoin will reach such a price that manipulation will be close to impossible. This will essentially make it a super stable asset.
    Feb 12 0
  • Apple tBrm51
    Banks will happily endorse anything that lets them rake in fees from their clients speculative and greedy desires. Once Bitcoin gets the blessing from finance, there will be some price movement
    Feb 12 0
  • When the sentiment and price are down, it is time to look at the fundamentals and progress in the asset.

    New York Stock Exchange based Bakkt and Fidelity are launching custody solution for enterprise. ETF will take time but most likely will get approved in couple of years. Abra is allowing anyone to buy US based stocks by pegging Bitcoin to stock.

    Decentralized and open finance is being built on Ethereum: MakerDAO, dYdX, Dharma, Compound
    Feb 12 5
    • Snapchat BigCoin
      Where does Abra allow “anyone” to buy US stocks? SEC has to regulate all exchanges and all personal
      Feb 13
    • New wkllklh
      You can simply type "Abra buy stock" in news section of Google and search
      Feb 13
    • Snapchat BigCoin
      I don’t see any official sources actually confirming/mentioning any of that, other than some crypto blogs
      Feb 13
    • New wkllklh
      Go to their website and check it.
      Feb 13
    • Snapchat BigCoin
      If you plan on using that service, lemme know how it goes!
      Feb 14