Bitcoin and the new financial world....or something like that

[ShawnK]

I'd tend to agree...the capacity certainly exists, and it will almost certainly be exploited.

And once people realise that the "legal tender" or "promissory notes" they believe to be "money"...are created ex nihilo and technically value-less... or that "we the people" literally can't pay back the trillions of dollars of debt the governments enroll citizens for...
CBDC will be sold as a great convinience, and people will believe it.




--
It was bound to happen:
https://scoop.me/eu-regulation-cryptocurrencies


Well unless economics generally has changed (I don't think it has) your minimum roi period to consider is 10 years. If you're not confident at 10 years, probably cash out on a peak. Monthly fluctuations are almost irrelevant.


Any in particular? cos us "conspiracy theorists" are up about 43 to nil

Monthly fluctuations don't matter, I agree. But once every six months there are fluctuations of 20-30% or more. And it's not just one jump, but several. And that can be exploited. I'm not saying that you should invest all your money in it. I'm just saying that you can use some of your money (as much as you can spare) to make some money and maybe even have fun.

[ShawnK]

My deepest apologies Folks Since arrogantly posting upon reflection here a please: ‘Safely Stick with Bricks & Mortar’ approach back in early 2021 my house & land has merely increased by 58.9%
The good news here for all concerned is that an old partner has taken 70% of the total so Crypto Technically wins by default 🫤


Sent from my iPhone using Tapatalk

It's really, really wonderful. But you can increase more if you don't wait a year. This is not an advertisement

[Coldcomfort]

The crypto market is waking up..... Bitcoin back over 50K. My holdings up very nicely.

[mudski]

The crypto market is waking up..... Bitcoin back over 50K. My holdings up very nicely.

Yeah just checked mine. Going pretty good.

[Coldcomfort]

More upward movement.

[Coldcomfort]

BTC hit $110K (AUS) a week or so ago. I once owned 10K BTC. Sold them for $5. Hind sight is 20/20.

[mudski]

Yeah its great. While my BTC stash is no where a great as yours, I have seen a 55% increase since first investing only 4-5 years ago. I should have put more into in back when I first started. Hindsight....

[Coldcomfort]

I heard recently that BTC has been the best performing asset ever...... Even out pacing the stock market and gold.

[mudski]

Yeah I was watching the BTC starting to rise, if only I had the spare coin to throw more at it for a pump and dump.

[Coldcomfort]

I think that FLR (0.055c) will be the next big growth coin....