Just want to get an idea of who’s still buying bitcoin these days. Probably the best investment of our lifetimes.
yes i sold my house and bought bitcoin
Bitcoin is a terrible technology
It's a better monetary system than the federal reserve
Yeah no, it's really not. Note the price bubble. Note that prior to federal reserve, the US dollar also had horrific price bubbles. The Fed makes the economy more stable which benefits everyone.
I still own a bitcoin, won't sell it for less than 100k
Fine by me
Emptying my paychecks into btc. HODL!
I think between all these coins, a few are going to survive. The art is to find and invest in them. Crypto is definitely the future.
Lol iota
Can someone describe the actual benefits of using Bitcoin as a currency over the currency we have now? I don't know much so I am curious.
criminals love it. i wish i had repaid Cohen with bitcoin instead of checks from my foundation.
There really isn't one I can think of. Debit cards still work right? In buying Bitcoin you are just hoping that the next person who comes along will pay more for it than you did in true specultive fashion.
I have some beanie babies to sell you OP. Their 90% price drop is just short term I swear.
dude i think he's going to buy my pet rock collection
Why are people buying bitcoin?
Why do people think its a scam? Falling 80% in price is not a rational answer. This is still a nascent technology + asset going through a price discovery phase so price swings should be expected.
This is a pretty lazy question. Just look on the internet for a write-up about Bitcoin by any well-known economist. Nobody's reason is "It fell 80% in price".
People will again buy it once it gets back to 19k and scam will become a great technology. It is media perception which people end up following when price goes down. Same is true for stock. Media will keep on saying recession 2016 and that has become a moving target and we still don’t have it. Media is mostly wrong and often confuses people. When bitcoin was 19k media often said it will go 50k. If it was scam, it would not have survived for 10 years.