100k Bitcoin in next 3 years.

Discussion in 'Other Asset Classes' started by jazzsidana, 30th Jul, 2019.

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  1. Ouga

    Ouga Well-Known Member

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    "Trying is the first step towards failure" Homer
    This really is a conversation between 2 deaf sides.
     
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  2. hammer

    hammer Well-Known Member

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    Amen.

    Dudes....someone says tomayto, someone else says tomarto...

    Bitcoin has proven to be risky as hell but the trend is up. You're all right!

    Same as shares....if you spend 5 months in the market and speculate chances are you'll get burned ..spend 5-10 years and the outlook should be much better or not. It's a risk, like anything.

    No point arguing about it on an anonymous forum.
     
    Last edited: 31st Oct, 2019
  3. Zenith Chaos

    Zenith Chaos Well-Known Member

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    The trend in tulips was up until it wasn't.

    My problem with blockchain cryptocurrencies is there is nothing much stopping me starting my own and therefore what is the intrinsic value?
     
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  4. Joseph Skewes

    Joseph Skewes Well-Known Member

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    Effectively no form of money today has intrinsic value (at least not to the degree it is valued at when exchanged). All value is applied externally by a network of participants prepared to hold and use it, based on it's properties.

    Who and why would someone choose to own and use $ZCT (Zenith Chaos Token)?
     
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  5. hammer

    hammer Well-Known Member

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    Nothingis stopping you.

    What Bitcoin (and a few of the others) have going for them is infrastructures and social capital.

    For a crypto to work you need people to get behind it in development and use.

    Also access to 3000 billion million zillionpetaflops of processing power doesn't hurt either....
     
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  6. Ouga

    Ouga Well-Known Member

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    "Trying is the first step towards failure" Homer
    Anyone still paying attention?
     
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  7. Danieljk101

    Danieljk101 Well-Known Member

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    Still here and still checking price 20 times a day..

    BSV scam pump is kinda annoying though...
     
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  8. Ouga

    Ouga Well-Known Member

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    "Trying is the first step towards failure" Homer
    A bit surprised the BTC price didn't dip further over the last 6 months, but its not over yet I suppose!