Viewing a response to: @investment-ideas/re-buildrobotics-re-lordrayden-re-tradewonk-bitcoin-needs-to-break-usd15000-to-start-a-new-bullish-ride-20180115t204222808z
I strongly doubt it. Bitcoin value is subjective, its value is determined by the value people see in it.
| author | buildrobotics |
|---|---|
| permlink | re-investment-ideas-re-buildrobotics-re-lordrayden-re-tradewonk-bitcoin-needs-to-break-usd15000-to-start-a-new-bullish-ride-20180115t215543559z |
| category | cryptocurrency |
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that's true.but: And that is exactly the problem. Bitcoins & co. based on the law of the dumber. There is nothing behind it, no value except the projection of millions of greedy subjects who have no idea of the history of economics and finance. With us one says to such "absurdities": the last bit the dogs ... The technology behind it is of course useful, but already 25 years old. The crypto currencies in this form have no future. Do you know what happened in 1637? Do you think humans are smarter today? They are not.
| author | investment-ideas |
|---|---|
| permlink | re-buildrobotics-re-investment-ideas-re-buildrobotics-re-lordrayden-re-tradewonk-bitcoin-needs-to-break-usd15000-to-start-a-new-bullish-ride-20180116t144202857z |
| category | cryptocurrency |
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Yes, I know what happened in 1637 with the tulip craze. But I think the crypto will last a lot longer because of its usefulness. Bitcoin can be used at multiple online vendors, and can be sold for cash quite easily. I suppose once people lose faith in the system it will crash, but the same can be said for fiat currencies or stocks.
| author | buildrobotics |
|---|---|
| permlink | re-investment-ideas-re-buildrobotics-re-investment-ideas-re-buildrobotics-re-lordrayden-re-tradewonk-bitcoin-needs-to-break-usd15000-to-start-a-new-bullish-ride-20180116t144846622z |
| category | cryptocurrency |
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"but the same can be said for fiat currencies or stocks" Behind a share stands a company and behind it employees, infrastructure, financial resources ect-> substance. You can not compare companies like Siemens, J & J, Exxon, Nestlé, Wal Mart, Pfizer, Visa ect with Crypto currencies. Siemens gabs with the German D-Mark and they are today with the euro. And should there be no more EUR ... Siemens remains. And that applies to X other companies. But not for bitcoins. Bitcoins have come and they will disappear again. There are X companies that exist over 100-150 years . There have been over 3,600 currency reforms in world history. And please remember this quote: "Give me control of a nation's money and it interests me not me who makes his laws. " - Mayer Amschel Rothschild (1744-1812) The Bitcoin disciples will wake up early enough from your Utapia. P.S.: And behind Fiat-Money ist the the money nobility, the central banks...they will not giv the power out of the hand
| author | investment-ideas |
|---|---|
| permlink | re-buildrobotics-re-investment-ideas-re-buildrobotics-re-investment-ideas-re-buildrobotics-re-lordrayden-re-tradewonk-bitcoin-needs-to-break-usd15000-to-start-a-new-bullish-ride-20180116t151950202z |
| category | cryptocurrency |
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