Quote:
Originally Posted by island911
"Numbers do not lie." Sure. But your whole argument misses my fundamental point; there is no reasonable utility in Bitcoin.
your whole argument could be applied to tulip bulbs, back in the day. PLENTY of savvy speculators made big money on tulip bulbs. They talked up the value of this or that species tulip bulb, and how they clearly knew what they were talking about, just look how many of those fabulous tulip bulbs they had acquired. -"Numbers do not lie."
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I do not disagree with you regarding utility and bitcoin. Bitcoin is a highly speculative savings account for me. There will be another halving at the end of 2023, I'm betting on spectacular, but who knows. The majority of my gains are coming from coins/tokens/projects that do have utility and that are taking place on a global scale. I own rentals and equities to make money. Just another asset class now that has amazing potential to make a chit tonne of money on.