I was thinking the same thing.
Bitcoin Price Thread
- Thread starter Magna
- Start date
There's the FOMO again. Could be that when bitcoin is adopted the fiat equivalent might be lower than it is today, then you'll have wished that you waited.
over $17,000 per 1 bitcoin but you can own a fraction or satoshis, 0.00000001 btc is a satoshi
https://coinmarketcap.com/currencies/satoshi/
People with minimal economic means are using and owning Bitcoin
El Salvador, Brazil, Turkey, Lebanon, countries in Africa
Don't be a dick, deaddog. I already said you're moving the goal post and the answer is it doesn't matter
I'm not convinced that this is a selling feature. Besides, you have not addressed the entirety of my post to NoahA.
You're very focused on the price of bticoin as it relates to fiat US $
Global monetary network, payment system and a digital scarce asset that is censorship-resistant and cannot be seized
The price of Bitcoin will follow the growth of the network and adoption, Metcalfe's law
You were impressed with Baron owning Bitcoin for many years
In 2013 and before, there were very few places that accepted Bitcoin and the price was $100 or less
Now the network and adoption has exploded as well as its usage and the price has gone up
Through time and more adoption and network growth, the price of bitcoin in fiat will follow
I know you don't believe us, but we don't really care. Just keep watching. Hope you're still alive in a few years
What goal posts?
Of course it matters if you want to consider bitcoin a currency. Depending on where you are in the world, you will see items priced in different currencies. You may be able to see items with several prices ; Euro's, US dollars, peso's etc. What I'm asking is are you aware of anywhere where items are priced in bitcoin?
I'm not saying you can't pay in bitcoin, I'm asking if its priced in bitcoin.
What goal posts?
Of course it matters if you want to consider bitcoin a currency. Depending on where you are in the world, you will see items priced in different currencies. You may be able to see items with several prices ; Euro's, US dollars, peso's etc. What I'm asking is are you aware of anywhere where items are priced in bitcoin?
I'm not saying you can't pay in bitcoin, I'm asking if its priced in bitcoin.
It matters to you? You don't even own any bitcoins or cryptos how the fuck does that concern you?
Yet, people who are using bitcoin and crypto assets all around the world don't seem to be concerned with it
That's what you do, deaddog. We present all kinds of info but then you whine about something else, keep moving the goal posts
You just whine and whine about all kinds of stuff, fuck off with that shit, deaddog
Don't be a bawlbo
Sure, and I was also impressed with the people who got Nortel stock on the cheap before it exploded with the Internet bubble (and then subsequently imploded because it was held up by nothing but hot air). My uncle had shares in Nortel that he got from his holdings in BCE. I used to review Nortel's financial statements when they were made available. I knew a bit about reading financial statements because it was what I used to do for a living. I kept telling him to sell it even before it reached its zenith, and then on the way down. He held on because he believed. In fact, one of his closest friends, well into retirement, decided to stock up when it was down about two-thirds from its all time high, thinking it was a great buy. They both rode it into the ground.
But, yeah, I was impressed with how much my uncle's stock rose in comparison to his initial investment.
I'll do my best.