If it drops anymore i might have to grab some
I believe you can purchase bitcoin on Robinhood now...
Yes u can. Other coins too
Bitcoin Drops Almost 30 Percent To Under $5,800
- Thread starter DEAD7
- Start date
Yes u can. Other coins too
Anyone who doesnt jump on this train will have regrets next year
the cac mamba
Veteran
i could buy one, but for the life of me i just dont trust this shyt 
im sure ill regret this. i dont even know what a bitcoin is
im sure ill regret this. i dont even know what a bitcoin is
Domingo Halliburton
Handmade in USA
Theres always debates about how closely correlated to equities bitcoin is.
People always say that. sometimes theyre right sometimes theyre wrong. Its unpredictable as shyt
I bought back in today once it dipped under 5k again gonna just get in and out with some profits here and there
And with nothing going on draftkings i figure fukk it
Actually6Foot3
Veteran
y'all said that when it went from 18k to 10k. Which then went to 3.7k the back ton-0k and nownherenwe are R/Bitcoin was full of 100k by next year but the dip
articles from "experts"watch taking those profits...you may get a 1099.
This whole situation is unpredictable...who say this virus coming?
The stock market is held up by printed money the Fed created out of thin air...BTC is doing its own thing.
I believe in what its about...not a quick payday.
not sure who "yall" is.
100k by next year but the dip
Everyone knows its volatile...the whole economy is tanking...but like I said above...btc is the only thing that doesnt need imaginary money to cover it.
This is still the very early stages of decentralized currency (for example...if BTC was mp3...were still in pre Napster stages)...either you have the belief, money/nuts to go along for the ride...or you dont....
...thats up to you.
Is putting up $5K w/ the possibility of it being worth $100K+ in a few years worth your time?
It is for me.
If youre actually interested in the market, and learning from people who are more than kids on the net...listen to some Raoul Pal
Secure Da Bag
Veteran
GnauzBookOfRhymes
Superstar
Cryptonuts said the benfit of Bitcoin was that it was immune to thebperils of fiat currency. Immune the government and bank manipulation and as such would be the standard in a crisis.
I think bitcoin could be a good thing for investors that like short term, high risk/high reward trading assuming its as easy to convert to USD as what I’ve read online.
But I don’t see it gaining the widespread acceptance that some of its proponents hope. And that is because governments will never embrace a currency over which they don’t have meaningful control.
The way I see it, if you’re a good judge of society, especially herd mentality etc then there are some opportunities to make money. This will have to be money burning a hole in your pocket. I’m going to wait a month or so and dip my toes.
Futuristic Eskimo
All Star
People buy all kinds of things for a hedge but then all correlations go to 1 so you lose money anyway.
I put a little money in there. 
this has always been my main concern.
but as you see some governments around the world legalize it because they want to tax it...others will have to fall in line...or they lose out.
People sooner or later need to realize that inflation is whats keeping them poor.
Unless your money is wrapped up in high value assets...youre not doing shyt working a job.
As governments continue to print money, the value of that dollar decreases more and more...
...if we come to a place where interest rates are negative, and it becomes hard to take your money out of the bank (already happening in some countries), people will wisen up that its not smart to let these people control 100% of your finances.
90 years sounds like a long time to most...but people forget (or they dont know) that after the stock market crash of 1929 the government made it illegal to own gold, and the government went around and forced citizens to sell it to them (basically took it from citizens).
Gold Reserve Act - Wikipedia
Society is odd...
...everyone complains about government, corporations, etc....
...but nobody really wants to do anything...I think folks just like arguing on the net.
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you can buy as little or as much as you want.I with I had 5 racks to buy Bitcoin but all I could afford is dogecoin...if it hitsa penny I'll be rich.
You can buy $10 worth or $100,000