I continue to believe that more and more people will continue to see the value and owning some bitcoin and as more and more people own some more Bitcoin the price will definitely go up. That's not to mention the fact that it's like being your own private bank because if you hold the keys then you have all you need to control your wealth. You can take it with you anywhere you go and no one can easily stop you. Unlike a bank that can freeze your funds and seize your money and say you can't use their systems anymore If you have your Bitcoin and you have the keys to that Bitcoin then you can send it to just about anybody if you have an internet connection and if you've printed it out on paper wallets and small denominations you can just hand them a paper wallet and then they have some bitcoin and you trade it for whatever you want.
It's worth remembering that up until recently a 10% swinging Bitcoin was actually sort of a daily occurrence and a 20% swing was something that happened so regularly that no one really raised their eyebrows. So what we're looking at right now is about a 20% dip and that's been pretty typical throughout bitcoin's history and typically unless there's some extreme event or something else it's been a pretty good time to buy and that's usually been around the temporary low.
I was luckily over my greed phase when I heard of bitcorn at $32. I advised some people to buy it, but I still wouldn't touch it if it were guaranteed to double next week. It's only 'value' is that people believe it has value. At some point, some event is going to happen where belief turns to disbelief, and much drama will ensue.
[ + ] observation1
[ - ] observation1 -1 points 2 monthsMar 13, 2025 18:45:54 ago (+0/-1)
[ + ] Crackinjokes
[ - ] Crackinjokes 0 points 2 monthsMar 13, 2025 18:19:43 ago (+0/-0)
[ + ] xmasskull
[ - ] xmasskull 0 points 2 monthsMar 13, 2025 19:11:51 ago (+0/-0)
[ + ] Hobama
[ - ] Hobama 0 points 2 monthsMar 13, 2025 20:20:14 ago (+0/-0)
[ + ] Crackinjokes
[ - ] Crackinjokes 1 point 2 monthsMar 13, 2025 18:20:50 ago (+1/-0)
[ + ] Empire_of_the_Mind
[ - ] Empire_of_the_Mind 1 point 2 monthsMar 13, 2025 19:47:18 ago (+1/-0)
[ + ] CaptainMongo
[ - ] CaptainMongo 1 point 2 monthsMar 13, 2025 20:07:14 ago (+1/-0)
In The End Things Are Only Worth What People Are Willing To Pay
[ + ] FreeinTX
[ - ] FreeinTX 2 points 2 monthsMar 13, 2025 17:23:37 ago (+2/-0)
And yes, I do own crypto, and therfore am part of that scam. Greed is a deadly sin, afterall.
I just wish that I had fallen from grace when bitcoin was at $2, when I first heard of it.
[ + ] Sector2
[ - ] Sector2 3 points 2 monthsMar 13, 2025 18:42:53 ago (+3/-0)
[ + ] Master_Foo
[ - ] Master_Foo 2 points 2 monthsMar 13, 2025 18:16:28 ago (+3/-1)
[ + ] AugustineOfHippo2
[ - ] AugustineOfHippo2 [op] 0 points 2 monthsMar 14, 2025 09:07:09 ago (+0/-0)