Bitcoin is dead...

Is bitcoin on its way out? Or, this is a buying opportunity?

  • out

    Votes: 30 68.2%

  • buy

    Votes: 14 31.8%
  • Total voters
    44
"Finman’s quirks include allegedly going to Mexico to safely stash away the hard disk with the private keys to his crypto wallets — in the vein of characters from the popular TV series Breaking Bad. He has also spoken of plans to purchase a Lamborghini with a personalized license plate corresponding to his average grade point in high school — 2.1 — although he never graduated."
 
LOL!

He is quirky but I generally agree with his views on the crypto space.

Pekelo said:
"Finman’s quirks include allegedly going to Mexico to safely stash away the hard disk with the private keys to his crypto wallets — in the vein of characters from the popular TV series Breaking Bad. He has also spoken of plans to purchase a Lamborghini with a personalized license plate corresponding to his average grade point in high school — 2.1 — although he never graduated."
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formikatrading said:
In my opinion, bitcoin is a "dead man walking." Both ETH and BCH are better technologically but who knows if those will survive. Bitcoin is the CompuServe of Crypto.

I think this guy is spot on:

https://cointelegraph.com/news/teen...ik-finman-proclaims-bitcoin-is-dead-long-term
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Did you think he was spot on when he posted this gem a year ago?

"
Buy Bitcoin
Finman is still actively involved in the cryptocurrency space. Talking to CNBC this week, Finman insists that he is still passionate about Bitcoin and admits it is always hard to part ways with the valuable virtual currency.

"Whenever I sell a little bit of Bitcoin or pay for something in Bitcoin, I multiply that price by ten, because that's where I think that Bitcoin's going. I think it's going to be huge, and I think it's going to be incredible, so I try not to take out any."

Following a massive bull run since October, Bitcoin hit the $20,000 mark this weekend. With such significant price growth in a relatively short amount of time, investors looking to get their hands on Bitcoin will have to fork out a lot of money to get a sizeable amount.

Nevertheless, Finman says the time is still right to buy the pre-eminent cryptocurrency, recommending giving Bitcoin as a holiday gift:

"I think it's a wonderful time to buy Bitcoin. You can actually buy a fraction of a Bitcoin. Buy $100, $50 worth of a Bitcoin. It would be a great stocking stuffer."

Finman reiterated his belief that virtual currencies are not just an easy way to get rich - they are at the forefront of a fundamental change in the way people transact and store wealth.

"Bitcoin to me, it's not just an investment. It's not just maybe a get rich quick scheme as a lot of people put it. I see it as the future of currency I see it as the future of the financial system."


Poor kid. He has no idea what is in store for him.

https://cointelegraph.com/news/give-bitcoin-this-christmas-says-teen-bitcoin-millionaire
 
formikatrading said:
LOL! I'm not blindly following him. I just generally agree with his recent viewpoint.
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Why? Why do you agree with someone who at the peak of the bitcoin bubble suggested everyone buy it?

Why would you agree with the kid now that bitcoin is a terrible thing to buy because it is "dead for the longterm"?

That teenage kid is exactly this guy...

 
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