GypsyPilot
Mohawk Town
BTC now over $1,000 on Mt. Gox. Even Litecoins are at $26. Just a few weeks ago they were less than $1! Crazy. When will the bubble pop??
Any Bitcoin investors here?
- Thread starter GypsyPilot
- Start date
It's virtually impossible to short which is probably the only thing keeping it aloft.
GypsyPilot
Mohawk Town
I think you can now short it on Bitfinex.
Interesting
z987k
Well-Known Member
So my understanding is this is/was supposed to be a currency for use online. How on earth do you use a currency so volatile? I mean if I was a merchant I could set a price for say an xbox one at .50 bitcoins, but 30 minutes later, the USD equivalent might be 5 bitcoins. So... if the currency has no purpose outside trading it for tradings sake... does it remotely have a future?
MFT1Air
Well-Known Member
@GypsyPilot @Boris Badenov @PGT @drunkenbeagle @SteveC
The internet NEVER forgets. Are your minds still the same after "12 years a bitcoin naysayer?" Asking for a friend? What have we learned about cryptocurrency "investing?"
Don't waste your time tagging me.
MFT1Air
Well-Known Member
Wasn't a waste of energy for me, per se. My inclusion of you was simply an example of someone who read a post on another thread and actually provided information of "value" or "substance" to the conversation. This was simply my way of acknowledging your input.
As an example for others to emulate perhaps? Lead by example? Cut and paste your action for others to follow? I see no downside.
Boris Badenov
Fortis Leader
I'm invested in ETH to a small degree. I certainly don't think that Crypto (and the Blockchain in the larger context) is, you know, magic beans or whatever. It's not clear to me how it will play out, but I suspect that there is a future to to it. I don't even know what I said back then. More to the point, though, all of this ALL CAPS and BOLD perhaps doesn't make your communications sound more hinged...