How is the coin worthless if the people that secure the system use it for payment
I am going broke because bitcoin crashed... (moving back to my mom's house)
- Thread starter UpAndComing
- Start date
How is the coin worthless if the people that secure the system use it for payment
Talk to me I want to learn.
Last edited:
Pretty much, he convinced me to take all my 401K and put it into the market last year. It has been a roller coaster ride but well worth it. He could have made a lot more money but no one can really predict the market. We use to crack on him for being so cheap and frugal and he had a good paying job but has been driving the same car since high school. Now he is 28 and never has to work another day again. He still has a lot of money in the market so that number can grow even more. I'm just sitting under him soaking up whatever information he has to offer. Dude got in with some big time 8-9 figure crypto guys so hopefully that means some more opportunities will open up.I'm guessing he started investing in early 2017. Crazy thing is pretty much anybody could put 130k into the market in early 2017 and you'd at least be a millionaire right now. To be exact, if you woulda just put $100 into each of the top 10 coins in January 2017, so $1000 total, you woulda made $64k by December ($100 Invested In Ripple Would Have Made You $35K, What About The Rest?)
So a 130K investment in the top 10 coins woulda net your boy $8 million if he did the same. You basically couldn't lose last year as long as you stuck with the big names
Last edited:
You Win Perfect
bow down
I don't follow up on Bitcoin. Is it really doing that bad now? Breh disabled the comments on the video
if you don't follow up then howd you come across this video and feel compelled to make a topic
Both
But at the ATH breh. Becuse anyone who got in $1000 or less is still good.
GnauzBookOfRhymes
Superstar
interested in your perspective. why do you think bitcoin will be worth 1M/ coin?
LOL NO ONE WATCHED THE VIDEO TIL THE END HUH?
Family Lives Matter
#FLM
With a givenchy hoody on
Probably trolling for views
Probably trolling for views
I personally don't think it's ever be worth 1m/coin. That would make some people worth hundreds of billions of dollars, and that would theoretically make Satoshi a trillionaire, people would fear one person having that kind of monetary wealth and revolt against it..imo. fearing possible monarch-like influence over the system.
I think 50-100k is a good and reasonable stabilizing point. I think anything over a certain amount could cause instability and end up destroying the value.
Bit it's only at around 9k now, so plenty of room for growth
Fucc you
Half the island is still cooked after Maria breh
Coworker was just down there on a national guard deployment