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BITCOIN

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Comments

  • aaj123
    aaj123 Posts: 518 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 2 April 2023 at 9:01AM
    Anyone wanting to build up their knowledge about crypto could really use the Digital assets section from Lyn Alden's website. 

    https://www.lynalden.com/archives/#digital

    It also specifically has an article that addresses the ponzi perception (something particularly that this forum should read up on).
  • DannyCarey
    DannyCarey Posts: 193 Forumite
    100 Posts Second Anniversary Name Dropper
    https://www.macrumors.com/2023/04/06/macos-includes-bitcoin-whitepaper/

    For all mac users out there. ... 😁
    I tried this on my machine and sure enough the whitepaper popped up. 
    "Wealth consists not in having great possessions, but in having few wants."
  • GDB2222
    GDB2222 Posts: 26,174 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I have some shares in Shell. They have done quite well, and if someone asked me about them I might give some information. If someone said they are a good or bad investment, I’d be moderately interested. I might comment, but probably not.  In short, I’m pretty laid back about Shell. 

    In contrast, this thread about BTC just goes on and on. Why? What can possibly need saying still, after 283 pages of comments? Why do some people here care so much what others think? 


     YMMV on the page count, btw. 
    No reliance should be placed on the above! Absolutely none, do you hear?
  • DannyCarey
    DannyCarey Posts: 193 Forumite
    100 Posts Second Anniversary Name Dropper
    I guess it revolves around people in various postions: believers, people not sure, non believers.. and trolls.

    Also bitcoin is continually being developed and extending its tentacles into more industries, so there is always something to talk about...whether you like it or not.

    You can just ignore the thread if you have no interest. Why waste your own time and give this thread more oxygen if its not of any interest to you? 


    "Wealth consists not in having great possessions, but in having few wants."
  • Scottex99
    Scottex99 Posts: 811 Forumite
    Ninth Anniversary 500 Posts Name Dropper Photogenic
    https://www.macrumors.com/2023/04/06/macos-includes-bitcoin-whitepaper/

    For all mac users out there. ... 😁
    I tried this on my machine and sure enough the whitepaper popped up. 
    It’s cool that this took so long to get traction and get noticed.

    Also saw a funny post about BSVers being in disbelief that Craig Wright wasn’t mentioned anywhere.

    Oh, and $30k today, not bad
  • aaj123
    aaj123 Posts: 518 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 12 April 2023 at 12:17AM
    Scottex99 said:
    https://www.macrumors.com/2023/04/06/macos-includes-bitcoin-whitepaper/

    For all mac users out there. ... 😁
    I tried this on my machine and sure enough the whitepaper popped up. 
    It’s cool that this took so long to get traction and get noticed.

    Also saw a funny post about BSVers being in disbelief that Craig Wright wasn’t mentioned anywhere.

    Oh, and $30k today, not bad
    Notably, 30k is the price that last prevailed before scams and bankruptcies hit the crypto ecosystem, starting with the luna collapse. But ofcourse Bitcoin as an asset is far stronger and anti fragile compared to the ecosystem. But...few understand!
  • Qyburn
    Qyburn Posts: 3,578 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    Scottex99 said:

    Oh, and $30k today, not bad
    Around 50% loss from a year ago? Not bad?
  • Scottex99
    Scottex99 Posts: 811 Forumite
    Ninth Anniversary 500 Posts Name Dropper Photogenic
    And 2x from the low this year, or 10x from Covid low? Not bad
  • Qyburn
    Qyburn Posts: 3,578 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    That's great for people who bought during this year's low (yourself?). Not so good for people already holding the coin and suffering the loss. But I guess without those, there's nothing to fund your gain.
  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    GDB2222 said:
    I have some shares in Shell. They have done quite well, and if someone asked me about them I might give some information. If someone said they are a good or bad investment, I’d be moderately interested. I might comment, but probably not.  In short, I’m pretty laid back about Shell. 

    Making a profit from Shell doesn't rely solely on convincing other people to invest in Shell.
    And people investing in Shell aren't entirely relying on it to move them from the precariat to generational wealth within their working lifetime.

    In contrast, this thread about BTC just goes on and on. Why? What can possibly need saying still, after 283 pages of comments?

    People are still debating whether a guy came back to life and became Superman 2,000 years after the fact. For similar reasons (replace generational wealth with not having to die).

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