BitCoin
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@castellanosjc said in BitCoin:
Also why did BitCoin spike so aggressively ?
People, stupid people that thinks they can make a quick buck. Then stay in it for way too long, and eventually lose their paper money.
In 2000's, we had the housing bubble.
In 1990's, we had the dot com bubble.
In 1980's, we had the Japanese asset price bubble.
In 1970's we had the Gold and Silver bubble.Now, we have BitCoin/crypto currencies bubbles. Read some finance bubble history before you invest in bubbles.
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@harry-lui said in BitCoin:
@castellanosjc said in BitCoin:
Also why did BitCoin spike so aggressively ?
People, stupid people that thinks they can make a quick buck. Then stay in it for way too long, and eventually lose their paper money.
In 2000's, we had the housing bubble.
In 1990's, we had the dot com bubble.
In 1980's, we had the Japanese asset price bubble.
In 1970's we had the Gold and Silver bubble.Now, we have BitCoin/crypto currencies bubbles. Read some finance bubble history before you invest in bubbles.
I don't think the BitCoin bubble will be as bad as any of those.
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@dashrender said in BitCoin:
Gold and Silver bubble.
I would argue the BitCoin Bubble already surpass them in value.
At least property and gold has physical form.
BitCoin is just data... -
Perhaps, but I've heard this opinion for years)
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Well, you can always go and check some cloud mining services online. There is the website that I use to recieve my data on crypto, you should find it somewhat useful in terms of general overview.
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I read this thread this morning with my morning coffee, was a great re-read.
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@computerchip said in BitCoin:
I read this thread this morning with my morning coffee, was a great re-read.
Hey man, haven't seen you around in a while!
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Hey man, been working like crazy, I lurk but don't get a chance to post very often.
