OMG... someone agrees with me... no way! ok there's 2 of us now with Pakelo that have not drank the Kool-Aid
Oh, Deep thoughts. Any widely accepted currency that is to stand the test of time needs an element of stability and transparency to be a store of value. Bitcoin, etc. is not there yet, maybe some day.
Not sure I get it, but funny anyway. gotta like the safe gun handling with the index finger on the stock, outside of the trigger guard. While eating a cookie.
%% Mostly true; except for silver + gold coins.LOL Even that is subject to change; read they melted down a bunch of silver coins last $50 run up..................................................................
I did the math... that's ONLY a ANNUAL return of 48.25% for 13 years!! sure seems reasonable to me....
Thank you for an informative post. One of the criticisms about bitcoin is that the "ledger" is not unique nor rare. The blockchain or it's derivatives is that it could be duplicated among different verticals. Every industry could have it's own blockchain that serves the actors for their particular usecase. Insuracoin, Medicoin, Realestatecoin, etc. Lot's of possibilities.
Bro... don't worry... some Guru on CNBC says it's going to $500,000... so no problemo... Great video, everyone interested in BTC should watch it. He literally quoted me, when I was was quoting a Hedge Fund Manager that also liquidated.. "Bitcoin is a solution looking for a problem" He also points to the Mania, and how BTC coud just Print more Bitcoins at will and dilute the value. Lastly, he makes the point that the ledger is not unique. by the way, if you do not know, R Paul is the real deal. He made a fortune as a hedge fund manager and "retired" at age 36. He went on to start up some very successful businesses. yes, this is Mania at it's best. I do not know when, but this thing will go bust when the hype fades.