Your thoughts on Bitcoin?

Discussion in 'Crypto Assets' started by Sequoia1321, Sep 1, 2020.

  1. Sprout

    Sprout

    1. Yes, accumulate. Look into various options to use it as collateral. Shifting demographics is what supports it's long term future.

    2. CME futures doesn't settle in BTC which needs to be factored in.

    3. As BTC maxi's like to say, "it's bitcoin, not blockchain". Look for emerging trends in the alt's. They are like the R&D lab for BTC and some have merit distinct from BTC. A vast majority though are money grabs, yet it's the space that 100x, 1000x, 10k x is not uncommon.

    Look into whether there is a hardcap on supply, the inflation schedule, how fair was the initial distribution, was it a pre-mine, how much of the supply does the dev team/founders control, is it a decentralized tech or really a repackaged centralized one, is governance part of it's structure, what is the narrative, hype and presence in social media, is it open-source, how can it defend against forks and copycats, what is the innovation, etc.
     
    #21     Sep 21, 2020
    johnarb likes this.