Bitcoin

[version]

Bitcoin jumps to record $28,600 as 2020 rally reaches new heights

Bitcoin on Wednesday jumped to a record $28,599.99, after the digital currency almost quadrupled in value this year amid heightened interest from bigger investors.

uk.reuters.com

 

[pattycakes_]

fkn mad innit. this one looks to go to tha moon as they say in that world. major adoption from paypal and the like can only = that tbh. if i had any serious change i'd buy a bit. should have done when it was at 20k.

 

[muser]

I bought some a couple of months ago but sold it back at the same price a bit later, couldn't stop myself watching all those annoying YouTube videos and checking what the value was all the time.

 

[hmg]

Bitcoin Twitter is exciting lately, people shopping for chateaux and airships. A lot of instant millionaires.

My little bro knew about this when they were worth .10c a pop. Now worth about 20 dollars a go (and were about 30 dollars a week ago).

 

[Leo]

so awesome to have a risk-free, bubble-proof investment option.

 

[hmg]

It's the closest we've got.

 

[Murphy]

Too big to fail etc

 

[hmg]

At what point will you realise what's happening?
Will there be dips along the way? Certainly, huge ones. But when I come back on this thread when 1 bitcoin reaches $100,000 (this year) then $1 million (before 2024), will you capitulate? Because both are mathematically certain at this point. Eventually the dollar price won't matter, probably as soon as this decade.

 

[hmg]

so awesome to have a risk-free, bubble-proof investment option.

Inflation-proof is the key

 

[mixed_biscuits]

@146 I.Q. Magical thinker Any hot tips other than bitcoin?

 

[version]

Water futures.

 

[hmg]

@146 I.Q. Magical thinker Any hot tips other than bitcoin?

Borrowing using bitcoin as collateral - not a taxable event, means you don't have to sell to extract value from your holding. Not without risk of a margin call, but proceeding prudently should be ok. Some maniacs are doing this to buy more bitcoin.

I would totally ignore all other shitcoins.

 

[constant escape]

I am now the proud holder of 0.001 bitcoin.

 

[luka]

I am now the proud holder of 0.001 bitcoin.

Do you want to be rich? Are you money-motivated?

 

[luka]

Me and version are. We're going to start a hamster farm near where he lives. We've already found our stud and his dad is helping us make some cages cos he's got a tool shed and some old timber etc.

 

[constant escape]

Not if it requires the marginalization of higher order pursuits.

 

[constant escape]

Thankfully I'm in a position where opt out of certain rat races. Bank on whatever is inherited, make certain cutbacks here and there. I've a much more indulgent lifestyle when I'm living with with family.

 

[constant escape]

Me and version are. We're going to start a hamster farm near where he lives. We've already found our stud and his dad is helping us make some cages cos he's got a tool shed and some old timber etc.

Any intentions for eugenics?

 

[luka]

All animal breeding is eugenics

 

[constant escape]

Touche. Didn't really even know what I was asking there.