Should You Buy Bitcoin Right Now? Don’t Be Stupid

Discussion in 'Crypto Assets' started by dealmaker, May 12, 2017.

  1. vanzandt

    vanzandt

    Post a link to verify that 60% thing; I'd like to see that. Break it down by age too.
     
    #21     May 14, 2017
  2. Pekelo

    Pekelo

    Is the CEO of Bitcoin still in jail or do they let him out?
     
    #22     May 14, 2017
  3. johnarb

    johnarb

    CEO of Bitcoin? lol
     
    #23     May 14, 2017
    Nereto likes this.
  4. I'm not breaking down shit for you. You got google. Do it yourself.

    Here a graph with a source named. Pretty easy to find.

    creditcarddebt.png
     
    #24     May 14, 2017
  5. The old folks can't understand anything past the corporate state and centralized decision making. Lol
     
    #25     May 14, 2017
    Nereto, m1nt and johnarb like this.
  6. lovethetrade

    lovethetrade Guest

    "There were more than 710 cryptocurrencies available for trade in online markets as of 11 July 2016 and more than 740 in total[1] but only a few dozen had reached a market capitalization above $10 million above as of early 2017."

    They can't all become a generally accepted, medium of exchange.

    Why are there so many? Are they competing? Why would Bitcoin have a better chance of succeeding than the others other than market capitalization? The Bitcoin brand?
     
    #26     May 14, 2017
  7. That's like saying there are now 10 million sellers on amazon, but only a few make serious money---

    Anyone can create a cryptocurrency. I believe bitcoin and etherium are the backbone of the network.
     
    #27     May 14, 2017
  8. Pekelo

    Pekelo

    #28     May 14, 2017
  9. vanzandt

    vanzandt

    According to the Boston Fed.... only 35% of people pay them down.
    http://time.com/money/4213757/average-american-credit-card-debt/

    So.... not only are you wrong paying for a $4 cup of Starbucks with your phone like you're cool...anxiously awaiting your $.08 back at the end of the month... but it appears your figures are wrong too. The above chart means nothing. How many households don't have a credit card? You gotta dig deeper son. Use your brain.
     
    #29     May 14, 2017
  10. jj90

    jj90

    ET has an incredible aversion to debt. I lost count of the credit cards I have.
     
    #30     May 14, 2017