@the-pickled-walrus saidTrue of everything. When I get everybody to stop believing in the government they will just be a bunch of losers having a row in a nice building by the Thames, but it is beginning to feel too hard to stop everybody believing. Is it becoming the same for Bitcoin??
It's fake money that disappears when people refuse to believe in it.
Invest but beware.
@earl-of-trumps saidToo good to be true!
I don't know everything there is to know about crypto's but I think that people that buy into them are going to get burnt.
"Look! My money is growing exponentially". Uh huh.
@petewxyz saidThink about who they elected as POTUS.............People aren't all that bright!
True of everything. When I get everybody to stop believing in the government they will just be a bunch of losers having a row in a nice building by the Thames, but it is beginning to feel too hard to stop everybody believing. Is it becoming the same for Bitcoin??
-VR
@earl-of-trumps said1 bitcoin is worth ...
"Look! My money is growing exponentially". Uh huh.
2010 about 1 cent in May
2011 $1
2012 steady growth and hits $13 in December
2013 volatile year valued at $500 - $1300
2014 more volatility $400 - $1000
2015 crash! $200 - $500
2016 topped at $780 in November
2017 growth year - December max ... $19,783 !!!
2018 finishes the year at $3,300
2019 by May was $8,000 doubling anyone's money who invested in January.
2020 currently 1 bitcoin = US$9,500
So a dollar 10 years ago would be worth a MILLION DOLLARS now.
@hells-caretaker saidExactly.
@wolfgang59
Kinghell...
But a dollar invested at the top in 2017 would be worth 50 cents now.
It's all about the timing.
@great-big-stees saidLOL@ gbs........there is some hot air flying around!
I misconstrued the thread title. Nothing to do with air pressure in anything.
🙁
-VR