Does >90k bitcoin cause anybody to rethink?

Discussion in 'Crypto Assets' started by GlobalMacro90, Nov 13, 2024.

  1. ElCubano

    ElCubano

    A Painting, oil on canvas worth $450,000,000. A 1952 Mantle card $12.9 Million. Think about a freaken card worth that much insane huh.. yep someone owns it at that price point.

    On a side note i own over $10,000,000 in worthless Cuban bonds issued by the bank of new York, last interest payment coupon ripped off by my grandfather was in 1959.. that's the last time that paid interest. what's it worth now? zippo.... get my point

    We've been seeing you churn against the grain for over a decade if not more. Think that through for sec.
     
    #81     Nov 13, 2024
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  2. ElCubano

    ElCubano

    nuf said
     
    #82     Nov 13, 2024
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  3. Tokenz

    Tokenz

    Dude, Solana is no sh** coin. Do your research and you will find out you are very very wrong...

    They didn't name it the 'Ethereum Killer' for nothing!
     
    #83     Nov 13, 2024
    semperfrosty, johnarb and Baron like this.
  4. noctis

    noctis

    I'm old enough to remember a dozen or so of so-called ETH killers. NEO, EOS, XRP... They didn't age well.
     
    #84     Nov 14, 2024
  5. orbit23

    orbit23

    "If Bitcoin is a scam, then why does it's price keeps going up?"

    > This is exactly why it's price is going up.
     
    #85     Nov 14, 2024
  6. maxinger

    maxinger

    Fantastic.

    BTC can go from

    0.001 to 0.01 to 0.1 (new maths?) digit to

    1 to 2 to 3 to 4 to 5 to 6 (soon) digits

    And if there is mother-of-all-mega-tulipmania,
    just reverse the order.
     
    #86     Nov 14, 2024

  7. Tulip mania lasted like 1 year, crashed, then never returned. This is nothing at all like that.
     
    #87     Nov 14, 2024
    semperfrosty, jbusse, Tokenz and 2 others like this.
  8. MarkBrown

    MarkBrown

    I was heavily invested in Bitcoin (BTC), but after experiencing issues with both hardware and software wallets, and realizing the vulnerability during a two-week electrical outage, I faced significant challenges. This situation led me to consider the broader implications, such as miners losing interest and the potential strain on the electrical grid from charging electric vehicles and BTC mining operations.

    In essence, there are numerous factors that could jeopardize the sustainability of BTC. Eventually, due to human error and unforeseen events, many individuals may lose their coins.

    For instance, I lost coins when Ledger obsoleted the device software on me.
     
    #88     Nov 14, 2024
  9. this is totally fair.

    this is one reason why I’ve always thought the bitcoin ETFs are such a big deal. I know it does not go with the original ethos of bitcoin, but a problem for many people, especially older people with money, is the technical difficulties of holding and securing your bitcoin. just buying a bitcoin ETF in your existing brokerage account pretty much solved that issue.
     
    #89     Nov 14, 2024
  10. And before somebody tells me that buying a bitcoin ETF goes against the original ethos of bitcoin, and that you are trusting a third-party. Yes I know all of this lol.
     
    #90     Nov 14, 2024
    johnarb and NoahA like this.