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    If you bought Bitcoin on Friday, you have lost almost 28%

    Creating coins does not create their capitalization. They have no intrinsic value when created. Their capitalization is determined by their demand.
  2. G

    If you bought Bitcoin on Friday, you have lost almost 28%

    Why not? You can move it around from one account to another if you chooses to. This is just not what I want to use it for.
  3. G

    If you bought Bitcoin on Friday, you have lost almost 28%

    Look at it as an asset class with the current market capitalization of $35B ( not too shabby, isn't it?) , not necessarily a currency. Just like gold.
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    If you bought Bitcoin on Friday, you have lost almost 28%

    No, my take is the number of coins is not essential, the total capitalization is essential to derive the price per coin. :) The total capitalization won't go up forever and at some point it must stop thus putting a limit on the price of one coin.
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    If you bought Bitcoin on Friday, you have lost almost 28%

    The number of coins does not matter much b/c they can be broken up into smaller units. I think the total capitalization is what counts and it can go into trillions.
  6. G

    Bitcoin multi-year forecasts

    Anyone can print their own money to replicate dollars and at very low cost.
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    Ethereum Vs. Bitcoin: Is ETH the better investment?

    50-50.
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    Interesting article on BitCoin.

    Bitcoin is nothing like tulips. And regulators are not a problem.
  9. G

    If you bought Bitcoin on Friday, you have lost almost 28%

    Seashells are out of fashion?
  10. G

    If you bought Bitcoin on Friday, you have lost almost 28%

    Nobody uses gold as currency even though everybody talks about gold as a currency. Does gold store value and if yes then why? Is being yellow and shiny enough to store value for investors? Gold is just an asset class. But so is bitcoin. If you look at virtual periodic table of cryptocurrencies...
  11. G

    If you bought Bitcoin on Friday, you have lost almost 28%

    Bitcoin is just alternative currency and more. Do you understand fiat currency? What about gold?
  12. G

    If you bought Bitcoin on Friday, you have lost almost 28%

    And? This numbers don't tell much. Bubbles usually don't last for 7 years. They come and go quickly. APPL rose from $1 in 2003 to $156 today. Is it in a bubble now? Bitcoin is a new(!) technology which undergoes a process of slow evolution, winning slowly public recognition & its market share of...
  13. G

    If you bought Bitcoin on Friday, you have lost almost 28%

    Tulip mania lasted for 1 year at most. Bitcoin is in business for 7 years already. Big difference. As a matter of fact people who buy it today are already 7 years late to the party.
  14. G

    If you bought Bitcoin on Friday, you have lost almost 28%

    The overall trend is definitely up.
  15. G

    Should You Buy Bitcoin Right Now? Don’t Be Stupid

    Bitcoin is a protocol and cryptocurrency is just one its implementation.
  16. G

    Bitcoin are we in the huge bubble?

    When you say 'infinite copies of it', do you mean infinite number of various cryptocurrencies?
  17. G

    Bitcoin are we in the huge bubble?

    What is the intrinsic value of litecoin?
  18. G

    Best Stocks Historical Data Provider?

    I could not find any info about their prices.
  19. G

    Yahoo Historical Data - Did they change the URL recently?

    May I ask what is your backup plan?
  20. G

    Problems downloading EOD data from Yahoo since yesterday

    https://ichart.finance.yahoo.com/table.csv?s=SPY
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