141–150 of 343 posts
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I know you are being snarky, but i think its worth pointing out that ever increasing prices is bad for a medium of exchange not good. The higher prices decreases the liklihood of it being used like a currency.
by that logic people would not buy TVs or memory cards
So I suppose people must use it all the time to buy goods and services. Right?
Is there a better link for this? For me this page says Bitcoin is now priced at 73,889,189.67 Argentine pesos, which is not even correct (they're using the government's fake exchange rate, which is not the one anyone buys or sells Bitcoin in) nor especially notable—peso inflation has produced "new all-time high prices" in Bitcoin in about half of all months over the last ten years. And tomorrow or next week the link…
Have you considered simply changing the currency on the page? Not sure why you have to make an entire comment about this when there's a dropdown right there
A much better link would be something like https://www.coindesk.com/markets/2024/11/06/first-mover-amer..., "BTC Hit All-Time High as Trump Closed In on Victory":
> Bitcoin surpassed $75,000 during the early European morning as Donald Trump closed in on a return to the White House. The more pro-crypto candidate had claimed victories in swing states like North Carolina and Georgia, before Pennsylvania, viewed by many as the key to the election's outcome, moved in his favor as well. BTC was recently trading over $74,000, around 1.3% lower than its new all-time high of $75,363.66, according to Coindesk Indices data. The broader digital asset market, as measured by the CoinDesk 20 Index, is over 9% higher in the last 24 hours.
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Place it as a sell order on the trading book, above the current price. That way you are a market maker, and pay no fees. 50BTC is small potatoes, you aren't going to move the market.
Thanks - but imagine I got these things in 2012 and have been totally uninterested since then. What's "the trading book?"
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Place it as a sell order on the trading book, above the current price. That way you are a market maker, and pay no fees. 50BTC is small potatoes, you aren't going to move the market.
Thanks - but imagine I got these things in 2012 and have been totally uninterested since then. What's "the trading book?"
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Dividends provide a real income stream people live off of, bitcoins need buyers. It’s the difference between owning a farm and a gold bar.
There are plenty of companies whose stock is sought after but that never paid dividends (I think Tesla and Amazon are some example, or used to be at least)
Telsa and Amazon on the other hand believe they have something meaningful to do with the money. But eventually successful companies just don’t have anything useful to do with their giant piles of cash.
So I suppose people must use it all the time to buy goods and services. Right?
I know you are being snarky, but i think its worth pointing out that ever increasing prices is bad for a medium of exchange not good. The higher prices decreases the liklihood of it being used like a currency.
So I suppose people must use it all the time to buy goods and services. Right?
Stablecoins are much better for payments, no one would use BTC for goods and services with the transaction fee and the confirmation time being so bad. https://www.coinbase.com/institutional/research-insights/res... TL;DR from the article : Stablecoins settled $10.8T worth of transactions in 2023 of which $2.3T were related to organic activities including payments and cross-border remittances, among others Today’s pay…
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I know i'm not your typically bitcoiner, I started investing in it at $4. but I pay all my part-time employees in it.
why not use something that's better to transact (less or no fees and faster) ?