Btc

Uber
helpplease

Go to company page Uber

helpplease
Dec 7, 2017 16 Comments

I think people think it's a bubble because it's just used for investment and trading. I bought BTC when it was $600 4 years ago and at the time that might been silly.

I'm just curious, the people buying btc, why are you buying? Because you believe in a currency that is not enslaved to corrupt reprinting debasing governments? Or are you just trying to make a quick dollar and don't care too much about it's utility.

And the people that think it's a bubble, do you not consider the benefits of btc if it became the global preferred way to trade?

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TOP 16 Comments
  • Uber
    helpplease

    Go to company page Uber

    helpplease
    OP
    Tulips could be infinitely created. Gold and Bitcoin can not, so it's not the same.
    Dec 7, 2017 5
  • Tell me how funds can use tulips as part of their portfolio for investors.
    Dec 7, 2017 1
  • Microsoft
    Eazy-E

    Go to company page Microsoft

    BIO
    The game is to be sold, not to be told.
    Eazy-E
    My opinion: This is the community that will be able to recognize the future potential a lot faster than non-tech people. So we have a disproportionately high population mean who is excited about this. And for me, even with the trolling on Blind, I think this audience is more legit than other forums where I might read/learn about crypto.
    Dec 7, 2017 0
  • Dropbox
    TradeJoe's

    Dropbox

    TradeJoe's
    You can also ask people who bought tulips several hundred years ago.
    Dec 7, 2017 0
  • I just consider it gambling. Because the anti crypto people are not exactly wrong. There are plenty of reasons why crypto is bad (hacking, insider trading, extreme volatility, assets aren't liquid, etc). There are also many crypto weirdos who have a strange cult-like animosity towards banks or want to get rich quick. So it might be a bubble, but many people investing have decided the rewards are worth the risks
    Dec 7, 2017 3