31–40 of 131 posts
Good thing that all these Wall Street CEOs share these nuggets of wisdom with us uncouth plebeians. Their charity is out of this world! Now I just need to know what Jim Kramer thinks of this and I'm good.
Like it or not, major figures in the financial industry saying “this is legit” helps bitcoin’s image which has knock-on effects. Bitcoin still struggles from the “its only used to buy drugs” stigma even with some on here.
if I invest in Bitcoin today, am I still an early adopter?
I think that it will go to like 20k in the next 4 years but there are coins that will grow much more. Bitcoin is the conservative investment.
Why like 20k (as opposed to like 100k or like 1k)?
Earlier quoted context omitted.
The thing is that once upon a time, (I wanna say mid 2000s), there was a large segment of population (e.g. retired people with money) who though Kramer was impartial and who invested based on his advice.
I don't think that's changed honestly. I know there's a disclaimer at the beginning to not use anything he says as stock advice but why else would you watch the show? I guess the big buttons are kinda cool.
Earlier quoted context omitted.
The point of crypto is making these figures irrelevant.
But you'll always have some figures that people look up to for advice, right? They won't change value but they will get people to speculate. Like it or not, most people buying and holding Bitcoin are speculating at this point in time.
if I invest in Bitcoin today, am I still an early adopter?
I think that it will go to like 20k in the next 4 years but there are coins that will grow much more. Bitcoin is the conservative investment.
if I invest in Bitcoin today, am I still an early adopter?
if I invest in Bitcoin today, am I still an early adopter?
Earlier quoted context omitted.
I think that it will go to like 20k in the next 4 years but there are coins that will grow much more. Bitcoin is the conservative investment.
> Bitcoin is the conservative investment. Now this is what I come to HN in the morning for.
Earlier quoted context omitted.
I think that it will go to like 20k in the next 4 years but there are coins that will grow much more. Bitcoin is the conservative investment.
> I think that it will go to like 20k in the next 4 years Why like 20k (as opposed to like 100k or like 1k)?
Earlier quoted context omitted.
The point of crypto is making these figures irrelevant.
...and replacing them with cryptocurrency CEOs and HN and Reddit commenters whose economic experience is limited to googling the word “fiat” and talking points on free markets? Is that what you mean? Occasionally people are listened to because they have something to offer, like, say, running one of the world’s largest investment banks. His remarks immediately made Bloomberg, CNBC, and so on, which is just free PR. Fr…