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Well, it has no intrinsic value, so it's all psychological on the basis of what numbers sound low or high. Sounds like my kind of asset
by adam_arthur 4y ago
Well, it has no intrinsic value, so it's all psychological on the basis of what numbers sound low or high.
Sounds like my kind of asset
- AustinDev 4y ago>>Well, it has no intrinsic value Like nearly every other asset. 'Bitcoin is dead' has been said for over a decade now. We'll see what happens. I mined one of the first few thousand blocks. I don't think it's going anywhere unless civilization gets destroyed but that's just my opinion.
- adam_arthur 4y ago> Like nearly every other asset. Prove to me you know nothing about investing in one sentence. Bravo. Plenty of assets cashflow and provide tangible value. Crypto is not one of them. Unless you consider yields from a lending ponzi to be sustainable
- deleted 4y ago[deleted]
- dav43 4y agoDitto. Just because people call it "an asset" doesn't make it one. It's not an asset. It's no more than a Ponzi scheme, just a complicated one at that.
- tasuki 4y agoWhy is bitcoin not an asset?