Yeah, yeah. One thing I admire the Bitcoin fans - they are diehards. But at the same time, there's nothing new under the sun - greed is powerful! But it never ends well!
can't agree more, just can't understand why bitcoin could be so expensive
Bitcoin hits new all-time high above $63,000 ahead of Coinbase debut
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Re: Bitcoin hits new all-time high above $63,000 ahead of Coinbase debut
#12Yeah, yeah. One thing I admire the Bitcoin fans - they are diehards. But at the same time, there's nothing new under the sun - greed is powerful! But it never ends well!
can't agree more, just can't understand why bitcoin could be so expensive
It all depends on your valuation framework, what's yours?
Re: Bitcoin hits new all-time high above $63,000 ahead of Coinbase debut
#13Re: Bitcoin hits new all-time high above $63,000 ahead of Coinbase debut
#14Earlier quoted context omitted.
It is cheap for a global reserve currency. That's the ultimate goal.
the global reserve currency just owned by a few guys, can you image the future world will be?
The Bitcoin traders are estimated to a few hundred million, certainly not "a few". Coinbase alone have approximately 56 million accounts.
The market is constantly crashing and reviving, people refusing to take the risk and buy should not complain afterwards for the new "elite" class. You had your chance (multiple times).
Re: Bitcoin hits new all-time high above $63,000 ahead of Coinbase debut
#15Earlier quoted context omitted.
the global reserve currency just owned by a few guys, can you image the future world will be?
You assume that early adopters still hold their Bitcoins. A tiny fraction of them might, most of them have sold (and regretted it, me including). The Bitcoin traders are estimated to a few hundred million, certainly not "a few". Coinbase alone have approximately 56 million accounts. The market is constantly crashing and reviving, people refusing to take the risk and buy should not complain afterwards for the new "eli…
Re: Bitcoin hits new all-time high above $63,000 ahead of Coinbase debut
#16Earlier quoted context omitted.
You assume that early adopters still hold their Bitcoins. A tiny fraction of them might, most of them have sold (and regretted it, me including). The Bitcoin traders are estimated to a few hundred million, certainly not "a few". Coinbase alone have approximately 56 million accounts. The market is constantly crashing and reviving, people refusing to take the risk and buy should not complain afterwards for the new "eli…
Your regret should be that you sold but didn't buy lower if you really wanted to be on this bandwagon. I bought, sold, and bought again, and sold again many times, and I've made money. So what? There are more intelligent ways to invest and even get better return.