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What kind of fee do you have to pay coinbase that would require you to liquidate part of your savings?

What do you think the bill that congress is talking about is going to do? It's going to be a fight to see what agency gets to regulate it. Personally I don't think they can. But it could stand in the way of it being universally accepted. Any reason for the drop this weekend? Up till now...

Semantics my friend. Currency or asset. You use it as a medium of exchange. The only place we differ is that bitcoin will continue to increase in value. That remains to be seen. It's volatility is probably one of the reasons it's not catching on as a medium of exchange. At least to some of us. :)

Blue chip crypto?? Isn't that an oxymoron. :)

The only thing that makes sense to me about bitcoin is that it could be a world wide currency that isn't controlled by one country. US government regulations won't have any effect of the rest of the world.

John; I'm a swing trader of stocks. Seeing that you are a day trader of crypto I'm not sure I'd be much help.

Start a journal and ask specific questions.

Excuse me John if I'm confused but is there a reason you would wait to sell?

What strike price and expiry date

I'm not saying it's not. I'm just saying that at the time the customers believed it was a good investment. Bitcoin is software. I have no way of valuing it. Those who are buying today believe it will increase in value. I'm not sure. What gives 2+2=4 any value? It's true and it's constant and it...

The Dutch believed that tulips were a good investment.

Does paypal charge for this? I know there is a charge to recieve money from another person. So if you buy bitcoin from paypal does it cost to move it to your own wallet?

That doesn't answer the question of how bitcoin will solve the food and energy shortages. As for people trusting the government...... What's the first thing you hear when something goes wrong? The government should do something about that. The first time there is a problem with bitcoin there...

There is a market. That's where you go to find your greater fool. You want to find someone who will pay you more for your bitcoin than you paid for it. Here's where I have trouble valuing bitcoin. The only reason I would buy bitcoin is because it is going to increase in value. The reason it...

Doesn't sound like you are familiar with the past performance disclaimer. I've got things going on I'll respond to the other points tomorrow.

If we have an energy and food crisis, how does bitcoin help?

Exactly. I didn't see anything in the book that led me to believe that bitcoin will continue to grow. Fluctuate off course, I might even trade it, but I have no way of valuing it except that it should probably increase in value if we can find a greater fool. You mentioned that in my lifetime...

Hey you were the guy who said Now I have read the book and still don't understand how to value BTC. The first 1/2 of the book is an excellent history of money as we know it today and how we got to where we are. It then explains the origin and development of Bitcoin. And I agree that a...

More greater fools? :) 80% done in the book; up to chapter nine. So far haven't seen anything to change my mind.

Who makes money? Not the bitcoin owners.