Do yo think now is a good time to buy BTC

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  • just a punk
    So fuckin' bored
    • Jun 2003
    • 32393
    #16
    Originally posted by klinton
    buy high, sell low
    Nope. Not with Bitcoin. With anything else - yes, but Bitcoin is for ling term inventions.
    Obey the Cowgod

      Comment

      • Pink24
        So Fucking Banned
        • Aug 2019
        • 1436
        #17
        Originally posted by k0nr4d
        BTC will never be $100k.

        https://www.statista.com/statistics/...apitalization/

        As of the moment i'm writing this BTC market cap is 560 billion. It's just under $30k, and if it were a company it would be the 7th most valuable company in the world. At 100k it would be worth more then any company...
        Bitcoin isn't a company. It's a global supply of money / wealth.

          Comment

          • Pink24
            So Fucking Banned
            • Aug 2019
            • 1436
            #18
            Originally posted by Pink24
            Current price is £21,594

            Which obviously seems high baring in mind it was about £5k earlier this year.

            New year and I suddenly have money. Fuck 2020.

            I appreciate it may hit 200,300,500, k or more in the future.

            Lets imagine the next 2 years from today.

            Should I buy?
            £1k up since yesterday. FOMO bitches.

              Comment

              • Pink24
                So Fucking Banned
                • Aug 2019
                • 1436
                #19

                  Comment

                  • jscott
                    jscizzle
                    • Feb 2001
                    • 25409
                    #20
                    Originally posted by k0nr4d
                    BTC will never be $100k.
                    You can't really believe central banks will stop inflating money supply. C'mon Konrad, I know you don't really believe that.
                    “If you think tough men are dangerous, wait until you see what weak men are capable of.”
                    —Jordan B. Peterson

                    Listen to Pomp tell why is Bitcoin important

                      Comment

                      • nikki99
                        Supermodel
                        • Nov 2004
                        • 23087
                        #21
                        100k yeahhhhh!!!!
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                          Comment

                          • just a punk
                            So fuckin' bored
                            • Jun 2003
                            • 32393
                            #22
                            Originally posted by Pink24
                            Bitcoin isn't a company. It's a global supply of money / wealth.
                            I'll add that there are only 21,000,000 Bitcoins can be mined. You can dig gold and diamonds for millions of years. You can print dollars as much as you want, but you can't get a single Bitcoin over those 21,000,000.
                            Obey the Cowgod

                              Comment

                              • k0nr4d
                                Confirmed User
                                • Aug 2006
                                • 9231
                                #23
                                Originally posted by jscott
                                You can't really believe central banks will stop inflating money supply. C'mon Konrad, I know you don't really believe that.
                                They will keep printing money, of course. However, for BTC to be worth $100k and be worth it in a stable fashion, someone has to be willing to pay $100k for a bitcoin. If the USD is devalued to the point where it's almost even with PLN today, then that's basically a crash of the world reserve currency.
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                                  Comment

                                  • AlexFS
                                    Confirmed User
                                    • May 2011
                                    • 418
                                    #24
                                    Originally posted by k0nr4d
                                    BTC will never be $100k.

                                    https://www.statista.com/statistics/...apitalization/

                                    As of the moment i'm writing this BTC market cap is 560 billion. It's just under $30k, and if it were a company it would be the 7th most valuable company in the world. At 100k it would be worth more then any company...
                                    I’ll take that bet BTC will be more valuable then the world’s most valuable company. It’s not a company and shouldn’t be compared as such. Overtime it be worth more along the lines SOV asset like GLD. Likely by the time Bitcoin will reach $100K it’ll have less purchasing power in today’s money, but it’ll def get there. It’s inevitable imho.

                                      Comment

                                      • jscott
                                        jscizzle
                                        • Feb 2001
                                        • 25409
                                        #25
                                        Originally posted by k0nr4d
                                        They will keep printing money, of course. However, for BTC to be worth $100k and be worth it in a stable fashion, someone has to be willing to pay $100k for a bitcoin. If the USD is devalued to the point where it's almost even with PLN today, then that's basically a crash of the world reserve currency.
                                        $1k was unbelievable
                                        then $10k was
                                        now $30k is
                                        do you realize this is only 10 years span ?

                                        25% of entire USD money supply printed this year (2020)

                                        $100k will happen, within the next 10 years..... inevitable.
                                        “If you think tough men are dangerous, wait until you see what weak men are capable of.”
                                        —Jordan B. Peterson

                                        Listen to Pomp tell why is Bitcoin important

                                          Comment

                                          • adultbizwork
                                            Confirmed User
                                            • Aug 2018
                                            • 78
                                            #26
                                            If you plan to invest in BTC just be careful.

                                            BTC in December 2017: Almost 20K

                                            BTC in February 2018: 6K

                                            BTC in December 2018: 3K

                                            I know a lot of people buying BTC in 2017 because experts in big media told them BTC was going to reach 50K to 100K in 2018. Same happened to Gold some years ago and with many other things. Just be careful.

                                              Comment

                                              • jscott
                                                jscizzle
                                                • Feb 2001
                                                • 25409
                                                #27
                                                Originally posted by adultbizwork
                                                If you plan to invest in BTC just be careful.

                                                BTC in December 2017: Almost 20K

                                                BTC in February 2018: 6K

                                                BTC in December 2018: 3K

                                                I know a lot of people buying BTC in 2017 because experts in big media told them BTC was going to reach 50K to 100K in 2018. Same happened to Gold some years ago and with many other things. Just be careful.
                                                .... and now $35k

                                                note to self: buy dips, dollar cost average, and HOLD long term

                                                holding cash, saving in cash is not safe.
                                                “If you think tough men are dangerous, wait until you see what weak men are capable of.”
                                                —Jordan B. Peterson

                                                Listen to Pomp tell why is Bitcoin important

                                                  Comment

                                                  • nikki99
                                                    Supermodel
                                                    • Nov 2004
                                                    • 23087
                                                    #28
                                                    holy jesus fucking christ!
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                                                      Comment

                                                      • sonofsam
                                                        Too lazy to set a custom title
                                                        • Dec 2004
                                                        • 18641
                                                        #29
                                                        Originally posted by baddog
                                                        A few hundred dollars worth. I think 500 btc,
                                                        I like turtles.

                                                          Comment

                                                          • Sergio
                                                            Confirmed User
                                                            • Apr 2019
                                                            • 625
                                                            #30
                                                            Originally posted by jscott
                                                            .... and now $35k

                                                            note to self: buy dips, dollar cost average, and HOLD long term

                                                            holding cash, saving in cash is not safe.
                                                            35 ok. But if you bought for 20k for example, and now 35, you hold it. And after week/month for example it can drop to 15k for example, and will be there 1-2-3-4-5 years.
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