BITCOIN

Aegis

Adyinvestment said:

Aegis said:

Adyinvestment said:

Aegis said:

Won what, exactly?  I'm not aware that this is any form of competition, it's just a question of whether to invest in an asset or not.

Succeeded - here to stay and thrive

Oh.  I don't think I'd agree with that, it just means that those of us who won't touch it are getting more vocal.

Kind of my point, the louder the better please, get the megaphones out and start organising protest marches and rallies, the more people that know about Bitcoin the better.

Can't think why I'd do that, I'll just keep asking pointed questions.

Scottex99

Aegis said:

Adyinvestment said:

Aegis said:

Won what, exactly?  I'm not aware that this is any form of competition, it's just a question of whether to invest in an asset or not.

Succeeded - here to stay and thrive

Oh.  I don't think I'd agree with that, it just means that those of us who won't touch it are getting more vocal.

Which is kind of funny in itself as I don't go in car forums repeating that I don't like/understand cars and would rather always get the tram

lozzy1965

Adyinvestment said:

Aegis said:

Adyinvestment said:

Aegis said:

Won what, exactly?  I'm not aware that this is any form of competition, it's just a question of whether to invest in an asset or not.

Succeeded - here to stay and thrive

Oh.  I don't think I'd agree with that, it just means that those of us who won't touch it are getting more vocal.

Kind of my point, the louder the better please, get the megaphones out and start organising protest marches and rallies, the more people that know about Bitcoin the better.

Surely the vast majority of people know about Bitcoin now?  It's been around long enough so if they don't that doesn't say much for its adoption credentials.

Pretty sure the argument is by no means 'won' either way, even if it goes back to 4K or lower it will be regarded as a 'buying opportunity' by the believers.  The argument will be won if and when it becomes widely adopted - the trouble is it won't be lost until it hits zero (unlikely in the short to medium term) or categorically rejected (unlikely as there will always be believers).
And, if the current price is driven by panic buyers and those that have so much money they can afford to 'play' then it may not become widely adopted until it is not worth anything like what it is selling for now.

Zola.

Most people have heard about Bitcoin no doubt, but mostly only from snippets of hyperbolic nonsense that mainstream media peddle for clicks.. like it's going to boil the ocean, or use up all the worlds resources, etc. 

Aegis

Scottex99 said:

Aegis said:

Adyinvestment said:

Aegis said:

Won what, exactly?  I'm not aware that this is any form of competition, it's just a question of whether to invest in an asset or not.

Succeeded - here to stay and thrive

Oh.  I don't think I'd agree with that, it just means that those of us who won't touch it are getting more vocal.

Which is kind of funny in itself as I don't go in car forums repeating that I don't like/understand cars and would rather always get the tram

Well, this isn't a car forum, it's a money saving forum.  Specifically, it's about savings and investments.  If I constantly wanted to talk about badger wrestling in this forum, your analogy would be more appropriate, but instead I like to discuss the merits of investments and whether they are suitable for my portfolio or for others.  Entirely on topic.

If you want to stretch the analogy, I guess that my conduct here is akin to going into a thread on the car forum about, say, the Beta Juliet range of cars, and I ask whether it's true that they regularly catch fire.  Instead of an actual answer, all I'd get would be statements like "ahh, but this car makes driving available to the masses" or "other cars sometimes catch fire" from people that not only own those cars but would benefit from others owning those cars.  Even in that tortuous analogy, I doubt the owners of the car forum would mind me asking that question, as it's genuinely pertinent when making a decision as to whether to buy one.

Zola.

https://eu.usatoday.com/story/opinion/2022/01/28/bitcoin-helps-low-income-americans/9225120002/

Around the globe, people are adopting it faster than they adopted the internet. Countries with the highest adoption include India, Kenya, Venezuela and Vietnam.

Financial inclusion matters. Accessing savings, payments and credit enables human flourishing. Bitcoin facilitates this for anyone, and with more volume than PayPal. At just 13 years old, it’s already the most inclusive and open financial network anywhere. 

Thrugelmir

Scottex99 said:

Hexane said:

Scottex99 said:

I’m no expert, but I know a thing or two. I also know your money is better off in the market than in a bank. Go SHIB!

I wish I could troll this good

Hey kid, you were the one saying a few months ago, that BTC would go to US$100,000 within a few months.

Are you sure that no-one believed you? Because the people that made money, made it off the back of people who bought based on that nonsense you peddled.

So if no-one believed you, then good...

 We cant just turn on the money printers every time we need the bail out the banks,

That was an exceptional event which has yet to run it's course. The great unwinding is yet to follow. 

Scottex99

That was an exceptional event which has yet to run it's course. The great unwinding is yet to follow. 

Agreed, however who decides what is exceptional and what isn't?

"Brexit is going really badly and all these great trade deals haven't materialised. I know, lets print 50tn quid and spend it, that'll make GDP go up".

The point is government money is controlled by politicians and central banks who generally have short term views to get/keep themselves in power. Which leads to money printer go brrrr, which leads to inflation and our spending power getting rekt

mooneysaver

Scottex99 said:

Hexane said:

Scottex99 said:

Hexane said:

Scottex99 said:

I’m no expert, but I know a thing or two. I also know your money is better off in the market than in a bank. Go SHIB!

I wish I could troll this good

Hey kid, you were the one saying a few months ago, that BTC would go to US$100,000 within a few months.

Are you sure that no-one believed you? Because the people that made money, made it off the back of people who bought based on that nonsense you peddled.

So if no-one believed you, then good...

How have your equities performed the last 2 weeks?

Thank you for asking! A topic dear to my heart, but...

... two weeks, you say, TWO WEEKS? Well, gratifyingly, I think in the last two weeks my equities have stopped constantly going up like they did for the last few years and (on average) the last few decades. Worryingly, my equities only dipped a little in the last two weeks. Was something more dramatic supposed to happen?

Weird, sounds just like my Bitcoin

Lol... but muh bitcoin!

Scottex99

Well, this isn't a car forum, it's a money saving forum.  Specifically, it's about savings and investments.  If I constantly wanted to talk about badger wrestling in this forum, your analogy would be more appropriate, but instead I like to discuss the merits of investments and whether they are suitable for my portfolio or for others.  Entirely on topic.

If you want to stretch the analogy, I guess that my conduct here is akin to going into a thread on the car forum about, say, the Beta Juliet range of cars, and I ask whether it's true that they regularly catch fire.  Instead of an actual answer, all I'd get would be statements like "ahh, but this car makes driving available to the masses" or "other cars sometimes catch fire" from people that not only own those cars but would benefit from others owning those cars.  Even in that tortuous analogy, I doubt the owners of the car forum would mind me asking that question, as it's genuinely pertinent when making a decision as to whether to buy one.

Yes but that's not the same as saying, "I wont touch it" is it now?

You wont touch it? Cool, you dont need to tell us 20 more times