$Bitcoin (BTC.CC)$ at least we agreed... Trump rally fueled ...
$Bitcoin (BTC.CC)$ at least we agreed... Trump rally fueled by who ? Bitcoin Briefly Tops $80,000 for First Time, Extending Its Trump-fueled Rally media? just like his stock shot up and tanked hard trapping lots of people....😬🤣 because his stock is overvalued and has no fundamentals going.... sounds like bitty ..no fundamentals all speculative risk.
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EZ_money OP : and overvalued especially when they are calling it digital collectables now
buy your overpriced collectable now, but you can't hold it or look at it or enjoy it... only enjoy if it's going up I'd take a MJ rookie card over a digital collectable any day of the year
Parp EZ_money OP : I'd rather hold "collectables" than have a central bank regularly dilute my fiat savings lol
EZ_money OP Parp : when the time comes what will you exchange your Bitcoin for?
EZ_money OP Parp : more diluted dollars?
Parp EZ_money OP : assets I may want and necessities I am saving up for in the future, that's the point of saving.
Parp EZ_money OP : if you view it purely as an investment you have the wrong idea
EZ_money OP Parp : are you assuming one day Bitcoin might actually become a currency itself? because that's like saying silver is currency.... same size market nearly.
Parp EZ_money OP : that's not what I am saying, I am saying it acts as a savings account
EZ_money OP Parp : i understand... saving more diluted dollars.... however, the exchange or ability to liquidate your Bitcoin end up falling back on a failing currency. unlike gold Bitcoin is not widely accepted throughout the world. there's no Bitcoin standard coming like the gold standard. new currency peg to gold if they won't accept USD for trading in 2/3 of the world population that makes up BRICs, what's the point then putting money into something that's a derivative of the USD like Bitcoin is. gold is the only king asset in the world.... never changed throughout history and no crypto will ever dethrone gold.