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Boudie

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Love the stability of Bitcoin, if it's stock price moving from $60,450 to $16,291 indicates a stable/reliable currency. But then I don't understand how anyone can trade for anything with no inherent value. As I have been reminded many times I'm old and don't understand. I do know that with the current buying opportunities afforded by the correction in the stock market, I am also almost fully invested in companies that actually provide a product or service.
 
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Love the stability of Bitcoin, if it's stock price moving from $60,450 to $16,291 indicates a stable/reliable currency. But then I don't understand how anyone can trade for anything with no inherent value. As I have been reminded many times I'm old and don't understand. I do know that with the current buying opportunities afforded by the correction in the stock market, I am also almost fully invested in companies that actually provide a product or service.

Sam Bankman-Fried says the quite part out loud. It only has value if you convince a lot of other people that it has value, and you get out first. As long as people keep putting money in and never taking money out, growth is possible. However, there is no intrinsic value.
 

icehog3

Outlaw Hockey Biker
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Totally agree! It seems like lapyap is becoming outdated. It still uses the same old systems as 5, 10 or 15 years ago. I cannot wait for the moment people realize the truth with BTC and other cryptocurrencies - the future stays with them. And, actually, lot of people would understand the benefits and the safety BTC provides if, as you said, it would be used in our everyday life. Like if you could pay for gas or your groceries with it.
What are your favorite cigars that you would buy with BTC?
 
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Totally agree! It seems like lapyap is becoming outdated. It still uses the same old systems as 5, 10 or 15 years ago. I cannot wait for the moment people realize the truth with BTC and other cryptocurrencies - the future stays with them. And, actually, lot of people would understand the benefits and the safety BTC provides if, as you said, it would be used in our everyday life. Like if you could pay for gas or your groceries with it.
What is your opinion of that new crypto currency called Boveda?
 
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