BITCOIN

Malthusian

Too busy buying the dip in South Sea Company shares and OneCoins bro.
Lunc? Lulz

Reaper

I've got a great business idea. The artist paints onto a canvas instead. This time he doesn't wipe it out. Instead he sells the canvas complete with the picture. The buyer gets to keep an original and really has ownership, instead of making do with a photograph and a pointless entry in a virtual ledger.

Do you think it will catch on?

EDIT: The post I was replying to seems to have been deleted

Malthusian

Reaper said:

I've got a great business idea. The artist paints onto a canvas instead. This time he doesn't wipe it out. Instead he sells the canvas complete with the picture. The buyer gets to keep an original and really has ownership, instead of making do with a photograph and a pointless entry in a virtual ledger.

But if no blockchain how number go up?

Hexane

Scottex99 said:

darren232002 said:

Buying Bitcoin will probably be the best investment of your life. Most people saying that Bitcoin isnt an investment and that it is gambling have very little idea why BTC is valuable. Look around, its not conspiracy theorists and rednecks buying Bitcoin, its rocket scientists, CEO's, institutions and computer programmers/STEM graduates. These guys know the way the world is going. JP Morgan in 2017 said BTC is a ponzi, in 2021 they are advising their clients to put a % of their portfolio in it and predicting prices in the $140k range. Citigroup threw out a $300k+ price prediction. These aren't idiots - they are the institutions you trust to manage your 'investments.' 

Lastly, if you know anything at all about the crypto space right now, you would know its possible to get 10% APY interest on stable coins very easily for gods sake. That is, coins denominated in USD. You deposit $10k now, you'll have $11k next year. No exposure to volatility and all denominated in USD. The only risk you have is (1) GBP/USD risk and (2) counter-party risk, which is almost negligible if you stick to the big providers. With a bit of work and knowledge, you can find 30% interest. I've been personally getting 100%+ APY interest paid and compounded daily for the last 3 months in one of the safest projects out there.

I'm not really interested in having a long discussion with people that are still babbling about ponzi's, tulips, intrinsic value or hexadecimal numbers in cyberspace. If you don't get it, I don't have time to explain it to you. But I would strongly encourage people to look in to this space because it will be the greatest wealth creation event of my generation. Its literally the internet version 2.0.

Bingo.

HFSP to the no coiners bro, lolz

Oh Scott, how we miss you!

deejaybee

Any Algo-nauts still around ?

Got some NFTs that were given free for Governance 2 & 3 - Is there an easy way to put these up for sale/auction ? Currently holding them in Pera wallet.

Ta

Adyinvestment

Bitcoin has actually held up much better than I expected last few month's.

Has performed slightly better than my pension and other equities (although that is not saying much!)...sprinkle on a touch of yield and mix with some currency conversion and it has been my best performer!

User232002

JPY, EUR and now GBP decimated. Confidence in any fiat currency other than the dollar has plummeted. Fed finally got to 3% and the global economy is on the precipice of falling in to the abyss. Bitcoin thesis going according to plan.

When everything tanks, BTC will too though. That's your bottom buying opportunity. $15k. Maybe $10k.

mooneysaver

Zola. said:

If it's a scam it's a very generous one, annualizing 200% gains per year for anyone who simply buys and holds the asset through at least one cycle. 

And that's before we even consider the impact of the eventual mainstream adoption.

homeless9

I have been in crypto since 2017. It is a godsend. There is no other way to make this type of profit for the average person. Everyone should have at least 10% of their savings in Crypto. Yes, you can easily lose a lot of money. People have even made millions of $ on paper to see it all disappear because they got too greedy. Some people buy tokens that have already gone up a lot in a short space of time to see their money quickly disappear. If you understand the market and use some common sense you should be making a lot of money during a bull market.

Crypto goes up a lot over 6 to 12 months and then collapses for approx 3 years. My feeling is it will go back up in late 2024.

I will accumulate various tokens sometime during 2023 as the market will have bottomed by that time in my eyes.

Aegis

homeless9 said:

I have been in crypto since 2017. It is a godsend. There is no other way to make this type of profit for the average person. Everyone should have at least 10% of their savings in Crypto. Yes, you can easily lose a lot of money. People have even made millions of $ on paper to see it all disappear because they got too greedy. Some people buy tokens that have already gone up a lot in a short space of time to see their money quickly disappear. If you understand the market and use some common sense you should be making a lot of money during a bull market.

Crypto goes up a lot over 6 to 12 months and then collapses for approx 3 years. My feeling is it will go back up in late 2024.

OK, so using your common sense or whatever other metric you feel is appropriate, where do you see, say, bitcoin if it is traded at a fair value?  How do you come to that conclusion?