BITCOIN

Zola.

If we fail to perceive the great transition going on around us, it is partly because we do not desire to see.

Aegis

Zola. said:

If we fail to perceive the great transition going on around us, it is partly because we do not desire to see.

If this was aimed at me, I can honestly say that the underlying technology is interesting, but not as an investment (again, for me).

lozzy1965

Zola. said:

If we fail to perceive the great transition going on around us, it is partly because we do not desire to see.

What great transition is that then?  The trouble is, people see what they want to see and this works both ways.  There is great potential at the moment, granted.  Transition though, not sure we're at that point just yet, unless you're talking about El Salvador's wonderful investment to date! 

Zola.

Its merely a quote from the 1999 book "The Sovereign Individual"

https://www.goodreads.com/book/show/82256.The_Sovereign_Individual

Zola.

https://www.cityam.com/intel-hints-at-low-voltage-bitcoin-mining-chip/

Technology is exponentially deflationary. 

tebbins

This thread is still going?!?
Technology is/isn't economic magic, Bitcoins' price history is all the proof you need that it is/isn't a bubble, you're right/wrong.
Thread solved.

Zola.

If it wasn't obvious by the block capital title, this thread is for people who are interested in talking about Bitcoin. Why participate if you've no interest, I assume you have better things to do with your time... maybe not. 

Zola.

https://www.cnbc.com/2021/02/08/tesla-buys-1point5-billion-in-bitcoin.html

Bullish. 
Could be what's behind the little recovery from the last 5 days.. 

Scottex99

Zola. said:

https://www.cnbc.com/2021/02/08/tesla-buys-1point5-billion-in-bitcoin.html

Bullish. 
Could be what's behind the little recovery from the last 5 days.. 

Except that was this time last year!

Then Elon suddenly realised that mining uses electricity and dumped them (at profit) I think.

It’s cool though, we still have Saylor

User232002

I know he dumped part of it to 'test liquidity,' but I'm curious whether he dumped all the BTC later or whether its still on the balance sheet. 

Still, on the topic of businesses adopting the Bitcoin standard;

https://finance.yahoo.com/news/craft-superfood-chain-everbowl-announces-185900881.html