Bitcoin Gets Close to $5,000
bloomberg.com
Bitcoin Gets Close to $5,000
1–10 of 173 posts
Re: Bitcoin Gets Close to $5,000
#2It's kinda cool to be living in a tulip era like this. I wish there was some way I could make a long term bet against the the price of bitcoin, say it's price 10 years from now.
Of course, this is impossible. If there is anything we have learned, and I can demonstrate that I predicted 5 years ago, it's that the definition of bitcoin is infinitely divisible. I could claim a bitcoin fork in 2027 is the true bitcoin, and price it at $1M a coin.
Re: Bitcoin Gets Close to $5,000
#3It's kinda cool to be living in a tulip era like this. I wish there was some way I could make a long term bet against the the price of bitcoin, say it's price 10 years from now. Of course, this is impossible. If there is anything we have learned, and I can demonstrate that I predicted 5 years ago, it's that the definition of bitcoin is infinitely divisible. I could claim a bitcoin fork in 2027 is the true bitcoin, an…
I've been into Bitcoin since 2011, and it's interesting that people are still making tulip comparisons 6 years later. Tulip mania itself only lasted about 9 months. I wonder how long Bitcoin will have to hold out before the tulip argument could no longer be made.
Re: Bitcoin Gets Close to $5,000
#4It's kinda cool to be living in a tulip era like this. I wish there was some way I could make a long term bet against the the price of bitcoin, say it's price 10 years from now. Of course, this is impossible. If there is anything we have learned, and I can demonstrate that I predicted 5 years ago, it's that the definition of bitcoin is infinitely divisible. I could claim a bitcoin fork in 2027 is the true bitcoin, an…
Are you saying I should sell?
Re: Bitcoin Gets Close to $5,000
#5It's kinda cool to be living in a tulip era like this. I wish there was some way I could make a long term bet against the the price of bitcoin, say it's price 10 years from now. Of course, this is impossible. If there is anything we have learned, and I can demonstrate that I predicted 5 years ago, it's that the definition of bitcoin is infinitely divisible. I could claim a bitcoin fork in 2027 is the true bitcoin, an…
And no one would buy that theoretical forked $1M bitcoin, so it would have no real impact on the price of the dominant coin.
But to your other questions, check out: http://longbets.org/
Re: Bitcoin Gets Close to $5,000
#6It's kinda cool to be living in a tulip era like this. I wish there was some way I could make a long term bet against the the price of bitcoin, say it's price 10 years from now. Of course, this is impossible. If there is anything we have learned, and I can demonstrate that I predicted 5 years ago, it's that the definition of bitcoin is infinitely divisible. I could claim a bitcoin fork in 2027 is the true bitcoin, an…
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Re: Bitcoin Gets Close to $5,000
#7Bitcoin have no real world use case
Re: Bitcoin Gets Close to $5,000
#8It's kinda cool to be living in a tulip era like this. I wish there was some way I could make a long term bet against the the price of bitcoin, say it's price 10 years from now. Of course, this is impossible. If there is anything we have learned, and I can demonstrate that I predicted 5 years ago, it's that the definition of bitcoin is infinitely divisible. I could claim a bitcoin fork in 2027 is the true bitcoin, an…
Are you saying I should sell?
yes while it's high
Re: Bitcoin Gets Close to $5,000
#9It's kinda cool to be living in a tulip era like this. I wish there was some way I could make a long term bet against the the price of bitcoin, say it's price 10 years from now. Of course, this is impossible. If there is anything we have learned, and I can demonstrate that I predicted 5 years ago, it's that the definition of bitcoin is infinitely divisible. I could claim a bitcoin fork in 2027 is the true bitcoin, an…
BTC's graph is hilarious: http://i.imgur.com/IWwOgm9.png
Re: Bitcoin Gets Close to $5,000
#10Bitcoin have no real world use case
Seems to be really effective at separating people from their money (though not all of them, when the music stops someone will be left without a chair).