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Tatsumi · 31-35, M
God fucking damn it. You know. I could have got in when it was $50 bucks a BTC. But it wasn't as easy to buy them, then. But it wasn't too complicated, either. I'd be a millionaire right now if I would have gotten in, then. I was gonna put 1k in.
But. I got in a couple months ago, when it dropped to $1,800. That net me a good bit, but I didn't put in as much as I should have. I got a couple grand floating there in BTC, now. But damn. Not nearly as much as I should have.
But. I got in a couple months ago, when it dropped to $1,800. That net me a good bit, but I didn't put in as much as I should have. I got a couple grand floating there in BTC, now. But damn. Not nearly as much as I should have.
SW-User
it's a fraud
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SW-User
@Area51
Bitcoin is a fraud.. enjoy the ride... it wont last much longer..
Bitcoin is a fraud.. enjoy the ride... it wont last much longer..
Area51 · 26-30, M
@SW-User thats what they said in 2013 ;) o/ man hope you come to the light one day
xSharp · 31-35, M
@SW-User any currency has value only because it is agreed upon by the masses as the medium of exchange and because there is a finite amount of it, an example being once the gold standard was removed inflation skyrocketed.
gold was used as currency because it does not deteriorate, it is easily shaped into coins and it is not easy to reproduced short of mining it, they were not yet aware of its modern uses, it was just shiny soft metal to them.
the word salary comes from salt, people used to be paid in salt because it had value at the time, cocoa beans were also used as currency for the aztecs.
the currency itself has no value at least is not intended to, it is only a medium of exchange representing something of value, you cannot trade half a chicken. so yes, bit coin does have value just because people think it does or rather agree that it does.
gold was used as currency because it does not deteriorate, it is easily shaped into coins and it is not easy to reproduced short of mining it, they were not yet aware of its modern uses, it was just shiny soft metal to them.
the word salary comes from salt, people used to be paid in salt because it had value at the time, cocoa beans were also used as currency for the aztecs.
the currency itself has no value at least is not intended to, it is only a medium of exchange representing something of value, you cannot trade half a chicken. so yes, bit coin does have value just because people think it does or rather agree that it does.
SwarmSona · F
when it crashes
SwarmSona · F
she will crash like she always has
Area51 · 26-30, M
are you refering to those? those are NOT crashes LOL those are dips
SwarmSona · F
no not those lmao 😂 I'm talking about when it loses like half of it's value or more because the bubble bursts
Xuan12 · 31-35, M
I don't see it staying that way. More and more crypto currencies are entering the market, and with nothing to support them but public acceptance, they're going to end up being rather brittle.
Glassysky · 22-25, M
I suggest etherium, bitcoins a bit late now.
JustJosh · M
I'm invested in LiteCoin, it's been extremely stable and has made some nice growth in the last couple of weeks.
eli1601 · 70-79, M
never
Zonuss · 41-45, M
Have you joined, and have you made a profit from this already.