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BITCOIN

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  • Peter Schiff doesn't need bitcoin explaining; he already has it nailed; as does Jim Rickards.
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    Fifth Anniversary 100 Posts Photogenic Name Dropper
    edited 15 April 2021 at 4:39PM
    Peter Schiff doesn't need bitcoin explaining; he already has it nailed; as does Jim Rickards.
    ...said one who doesn't understand Bitcoin. Oops :D

    And by the way, Bitcoin vs Tulipmania looks like this:

    It just keep crashing... Upwards. 😂
  • HansOndabush
    HansOndabush Posts: 470 Forumite
    100 Posts Name Dropper Photogenic
    edited 23 September 2024 at 2:51PM
    Peter Schiff doesn't need bitcoin explaining; he already has it nailed; as does Jim Rickards.
    ...said one who doesn't understand Bitcoin. Oops :D

    And by the way, Bitcoin vs Tulipmania looks like this:

    It just keep crashing... Upwards. 😂
    .....will be so much more enjoyable watching it crash 😂


  • Scottex99
    Scottex99 Posts: 811 Forumite
    Ninth Anniversary 500 Posts Name Dropper Photogenic
    edited 23 September 2024 at 2:51PM
    Peter Schiff doesn't need bitcoin explaining; he already has it nailed; as does Jim Rickards.
    ...said one who doesn't understand Bitcoin. Oops :D

    And by the way, Bitcoin vs Tulipmania looks like this:

    It just keep crashing... Upwards. 😂
    .....will be so much more enjoyable watching it crash 😂


    Yeah good luck with that, ETH $2.5k rn, was $100 a year ago. LFG


  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    Fifth Anniversary 100 Posts Photogenic Name Dropper
    edited 23 September 2024 at 2:51PM
    Peter Schiff doesn't need bitcoin explaining; he already has it nailed; as does Jim Rickards.
    ...said one who doesn't understand Bitcoin. Oops :D

    And by the way, Bitcoin vs Tulipmania looks like this:

    It just keep crashing... Upwards. 😂
    .....will be so much more enjoyable watching it crash 😂


    You have weird fetish enjoying not making money. I prefer to ride Bitcoin wave and increase my net worth. Bitcoin has only made 10x in last 12 months. If it drops 50% tomorrow, I will be still 5x up. 😄

  • Solider
    Solider Posts: 6 Forumite
    First Post
    I, for example, don't see a very safe time to invest in Bitcoin at this time. I would prefer a weaker cryptocurrency right now, but one that has potential in the coming years. In any case, investing in a cryptocurrency exchange is long-term, you can't make a profit quickly, it takes a lot of time and effort, patience and control over emotions. I saw that now bitcoin has returned to the price of 56 k $ but on previously week it costed 70k $, that's what I'm talking about. Many can be scared and sell at such moments, but strong and professionals, they will hold on, because there are statistics showing that bitcoin is falling, and after it gets up, it can rise and double in price.
  • onomatopoeia99
    onomatopoeia99 Posts: 7,159 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Solider said:
    . I saw that now bitcoin has returned to the price of 56 k $ but on previously week it costed 70k $, that's what I'm talking about. 
    It's $61k at the moment, the all time high was $64k two days ago.  So your information is wrong.
    Proud member of the wokerati, though I don't eat tofu.Home is where my books are.Solar PV 5.2kWp system, SE facing, >1% shading, installed March 2019.Mortgage free July 2023
  • RoisinDove
    RoisinDove Posts: 126 Forumite
    Eighth Anniversary 100 Posts Name Dropper Combo Breaker
    I bought one litecoin several years ago for abut 70 euros and it's now worth nearly 270 euros. Am unsure what to do...hold it and see if it goes much higher and then sell, or trade it now for bitcoin, as a friend has advised? I'm not desperate for the money right now and am looking at a 5+ year investment. 
  • Peter Schiff doesn't need bitcoin explaining; he already has it nailed; as does Jim Rickards.


    Peter Schiff has become a laughing stock, even his own son, Spencer,is mocking him publicly.
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    Fifth Anniversary 100 Posts Photogenic Name Dropper
    edited 17 April 2021 at 8:38PM

    Peter Schiff, regardless if right or wrong, doesn't know, as John Maynard Keynes said, that “the markets can remain irrational longer than you can remain solvent.”
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