Actually Carol, those who invested in #bitcoin early, did very well. I just read about the 12 year old who ended up a millionaire from buying bitcoin early:
Great interview! I'm unbelievably jealous. I tried to buy #bitcoin back then a well, but it just seemed so complicated, that I gave up on it. Of course I'm now kicking myself.
Why is #bitcoin in such higher demand in South Korea and Japan than in the rest of the world. Can't they buy it anywhere on the net? Why pay a premium?
Someday the knuckleheads that run the #crypto world will actually figure out how to not look like fools every time volume picks up. I was never seduced to party in that space. The whales are in control and you,lowly trader are at their mercy...no thanks. As far as $FB, everybody with a pulse knew of their plan for #Libra a year ago. #Bitcoin flew because of the Chinese's capital concerns amid a global currency issue. Confluence, in other words.
Libra logically should have trashed or maybe crashed the crypto world as it will have the scale to dominate with a STABLE currency protected by an independent group of accredited validators - FB being only one of them. They will be able to handle 1000 transactions a second as opposed to Bitcoin that can only handle 7. True you won't be able to trade Libra as an investment asset. But given the way Bitcoin behaves whenever it rallies, maybe that's a good thing.
I'm no fan of #Libra, but to play devil's advocate, #Bitcoin and other #cryptos are already used for drugtrafficking, money laundering and other criminal activities. So what's one more option for the crooks to have at their dispoisal?
You may be right, but I'd say the "early" days are past and that's where the real money was made. Will #bitcoin ever even approach $20k again? The people who bought it for pennies, or even better mined, and sold high could have become millionaires. You and I will never profit like that. It's simply too late.
The problem with #bitcoin and other #cryptos is that without regulation, safeguards and oversight, it will never succeed. And yet the lack thereof is precisely why so many people are attracted to it.
Bitcoin’s Chart Likely Signals “Last Chance To Get In”
Actually Carol, those who invested in #bitcoin early, did very well. I just read about the 12 year old who ended up a millionaire from buying bitcoin early:
talkmarkets.com/.../erik-finman-youngest-crypto-millionaire-on-bitcoin-deficiencies
Erik Finman Youngest Crypto Millionaire On Bitcoin Deficiencies
Great interview! I'm unbelievably jealous. I tried to buy #bitcoin back then a well, but it just seemed so complicated, that I gave up on it. Of course I'm now kicking myself.
Bitcoin Falling After Reaching Major Timing Point
Any drop in #Bitcoin will be short-lived.
Bitcoin Cycle Bullish
I'm continuously impressed with how #Bitcoin has persevered. I truly had thought it was a fad.
Untethered Angel
Why is #bitcoin in such higher demand in South Korea and Japan than in the rest of the world. Can't they buy it anywhere on the net? Why pay a premium?
At Our Doorstep
Someday the knuckleheads that run the #crypto world will actually figure out how to not look like fools every time volume picks up. I was never seduced to party in that space. The whales are in control and you,lowly trader are at their mercy...no thanks. As far as $FB, everybody with a pulse knew of their plan for #Libra a year ago. #Bitcoin flew because of the Chinese's capital concerns amid a global currency issue. Confluence, in other words.
Libra logically should have trashed or maybe crashed the crypto world as it will have the scale to dominate with a STABLE currency protected by an independent group of accredited validators - FB being only one of them. They will be able to handle 1000 transactions a second as opposed to Bitcoin that can only handle 7. True you won't be able to trade Libra as an investment asset. But given the way Bitcoin behaves whenever it rallies, maybe that's a good thing.
The Libra Win-Win and the Markets’ Third Wave
I wonder if #Libra will have any real competition. Even #Bitcoin would have a hard time competing against #Facebook.
The Category 5 Freak-Out Over Libra, Facebook’s Digital Currency
I'm no fan of #Libra, but to play devil's advocate, #Bitcoin and other #cryptos are already used for drugtrafficking, money laundering and other criminal activities. So what's one more option for the crooks to have at their dispoisal?
Bitcoin Could Be At $1 Million By 2020
While $1 million is a big stretch, the author does make some surprisingly good points about #bitcoin. $BITCOMP
Bitcoin Could Be At $1 Million By 2020
Yes, #Bitcoin will go up again, but to $1 million? When pigs fly!
Drop Gold, Buy Bitcoin?
#Bitcoin is the new gold!
Is Litecoin Just A Testnet For Bitcoin Or A Vastly Undervalued Cryptocurrency?
You may be right, but I'd say the "early" days are past and that's where the real money was made. Will #bitcoin ever even approach $20k again? The people who bought it for pennies, or even better mined, and sold high could have become millionaires. You and I will never profit like that. It's simply too late.
Is Litecoin Just A Testnet For Bitcoin Or A Vastly Undervalued Cryptocurrency?
When he says that #Litecoin is a glorified test net for #Bitcoin, what does that even mean? Can you explain? $LTC-X
Everyone Hates Bitcoin, I Hate Bitcoin, So I Bought Some
The problem with #bitcoin and other #cryptos is that without regulation, safeguards and oversight, it will never succeed. And yet the lack thereof is precisely why so many people are attracted to it.
Everyone Hates Bitcoin, I Hate Bitcoin, So I Bought Some
Wow, had no idea #Bitcoin was so popular in Africa!