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05-11-2022, 01:12 PM | #3721 | |
Sometimes it's black and white
Join Date: Nov 2004
Location: California
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Quote:
But it's hard to know how long things will last. A little bit of gold is used in jewelry and electronics. But mostly it has value because people agree it has value. And most of the gold in the world is, if I understand correctly, stored in underground vaults. [So gold is dug up from underground, at great cost and environmental destruction, just so it can forever be buried under ground in a vault. Yay.] So I don't think it's much of an exaggeration to say gold is a six thousand year bubble. So BC could well last a few more years. Then again, I wouldn't be shocked if it completely collapsed either. |
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Posts: 6,440
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05-11-2022, 01:38 PM | #3722 |
Hey Loochy, I'm hooome!
Join Date: Oct 2008
Location: PooPooKaKaPeePeeShire
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The ups and downs over the last day are wild. It reminds me of a flopping fish on the bank
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Posts: 41,178
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05-11-2022, 01:54 PM | #3723 | |
Veteran
Join Date: Dec 2019
Location: Ohio
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Quote:
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Posts: 1,814
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05-11-2022, 02:04 PM | #3724 |
Sapere Aude
Join Date: Jun 2001
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careful out there fellas...
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Posts: 78,989
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05-11-2022, 06:22 PM | #3725 |
MVP
Join Date: Oct 2012
Location: Lenexa, KS
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Posts: 14,404
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05-11-2022, 09:15 PM | #3726 |
In Search of a Life
Join Date: Aug 2005
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Worst investment ever.
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Posts: 43,200
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05-11-2022, 11:05 PM | #3727 |
WhatUneed2Hear
Join Date: Feb 2002
Location: AllSoulsMatter
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Sold all mine at 30k, all was mined.
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Posts: 45,354
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05-11-2022, 11:14 PM | #3728 |
MVP
Join Date: Oct 2006
Location: West of the Equator
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Brock Pierce says BTC could go to zero. He sold and bought real assets. Still holds some crypto.
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Posts: 13,705
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05-12-2022, 04:04 AM | #3729 |
The pizza king of kansas
Join Date: Sep 2001
Location: Somewhere in the u.s.a.
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Luna the one that dead in the water. It 1 cents now.holy ****. ****ing killed me.
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Posts: 19,050
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05-12-2022, 04:10 AM | #3730 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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If Bitcoin collapses that will trigger the recession and crash
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Posts: 52,112
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05-12-2022, 04:17 AM | #3731 |
For The Glory Of The City
Join Date: Sep 2002
Location: Kansas City
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Posts: 54,005
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05-12-2022, 07:44 AM | #3732 |
MVP
Join Date: Oct 2012
Location: Lenexa, KS
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Posts: 14,404
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1 0 |
05-12-2022, 07:47 AM | #3733 |
Veteran
Join Date: Feb 2012
Location: DE
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Blood in the streets...
Grabbed a few in 2014 at $250 down from the peak at $1000 in Dec 13 |
Posts: 3,816
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05-12-2022, 10:48 AM | #3734 |
Sapere Aude
Join Date: Jun 2001
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It looks to me like Tether is in the beginning stages of an attack. That's not to say it's going to crash immediately - they have a lot of resources to keep it afloat. But if Tether collapses, we have to think about what that will mean for the ability to exit cryptos.
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Posts: 78,989
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05-12-2022, 10:53 AM | #3735 |
MVP
Join Date: Oct 2011
Location: Chandler AZ
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Posts: 13,595
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