why?
Bitcoin Top?
- Thread starter trademan1
- Start date
why?
"That argument is out the window"......not saying it is wrong but when people make assumptions you know what happens....it took decades until the US regulated/taxed tobacco effectively out of business.Gentlement (& Ladies), everyone getting in is a good thing. I've started buying when it was $100 and I'm not selling and many early adopters are not selling as it's a superior form of money as it's both an investment asset and a currency.
The biggest risk in the past was if the US were to ban it (ala pokerstars) because it's only used by criminals (terrorists), drug dealers, and tech geeks. That argument is out the window, when dentists, Uber drivers, school children, millennials, mom and pops, wall street bankers (oops, criminals, nvm), etc, are using it.
With regulated futures on bitcoin on the CBOE, CME, and Nasdaq and more, come on, this thing will go much higher. I don't want to convert ET critics. Please continue to short.
"are using it."...speculating is different than using it as a day to day currency.
BTC Jesus just sold all BTC and bought BTC cash....always a new mouse trap.
What do you mean why?
Oh really? Just look up PM, BTI, LO and RAI. They are at or near all-time highs. The cancer stick business is alive and well.
Earnings . Also taxed but not banned .
We have to make a distinction between 2 different kind of payment usages:
1. Cashes out immediately to avoid currency fluctuation. This is not the real, intended usage for a currency.
2. Keeps and holds BTC for future purposes, sales. This is the real usage.
The problem is that it is hard if not impossible to figure out where a transaction belongs.
1. Cashes out immediately to avoid currency fluctuation. This is not the real, intended usage for a currency.
2. Keeps and holds BTC for future purposes, sales. This is the real usage.
The problem is that it is hard if not impossible to figure out where a transaction belongs.
I believe the majority of the tobacco revenue/profit is OUTSIDE US. and yes I know crypto is global, my point being do not assume it is ever too late for governments to get involve.
out of curiosity..do you ever use impartial sources for your information ?
why is BTC jesus selling ? (real question)
Bitpay has to pay taxes for this growth in transactions so it actually makes sense for them to understate it. If you think they are not telling the truth, by all means please provide your own source of information.
Roger Ver (claims to have) sold most of his btc to move to another crypto project, bcash. I'm happy for him but I believe in btc.