wheres the best place to buy? there is a lot of hoops with every site and i dont know where to commit to.
Bitcoin hit 2500$
People were saying "don't buy high" when it was $700. They are saying it now at $2500. They will still be saying it when it hits $5000.
Bitcoin is still undervalued today because it is still underutilized. When it is in use by most people and becomes common use for purchases, then we can say it has peaked.
If you want to deposit directly from bank account, bitfinex/kraken are the one I use.
If you want to buy anonymously, I don't know they all charge ridiculous fees (like ~15%) so I stay away from them.
Small correction it is now $2650, $2500 was at the start of the thread, 5hours ago.
I'm technically a millionaire now but I'm wondering if I should hold on or dump them now.
We constantly get these bitcoin shill threads.
I'm done arguing about it's complete lack of intrinsic value, the only somewhat valid rebuttal I've seen made is some stoner coming in and saying, "Like…. everything doesn't have inherent value man…. it's all like, subjective, you know?"
Much like leftists, and the jews, it doesn't matter how many times the bitcoin internet defense force gets blown the fuck out, they come back the next day and pretend it never happened. As an investment strategy, the fluctuation of bitcoin price is interesting. As far as it's likelihood of adoption as a currency, it's merely one of many factors. And when I say adoption as a currency, I don't mean a government somewhere recognizes it. I mean, society at large accepts it.
So here is a new idea to help you innocent bystanders get some almonds rubbing. What other valuable commodity or currency gets shilled this much? Don't get me wrong, people suggest certain assets all the time, and certainly those who sell precious metals will suggest you buy those, and real estate agents will suggest you buy land, and so on and so forth. But how many other authentic stores of value have to advertise this fucking much in order to try to convince you to buy?
Nobody has to shill things of actual value, because you naturally want to obtain them. The constant obsession over the price of bitcoin, and complete disregard to it's philosophical failures as a currency should be alarming to anyone with two neurons to rub together.
If the price goes down:
If the price stays the same:
If the price goes up:
A lot like how climate change has been set up to be correct no matter what actually happens to the climate, the whole bitcoin shilling apparatus has been set up in such a way that no matter what happens to it's price, the correct move is always to BUY.
The whole philosophy behind such a mindset, is that you have an a priori axiom that bitcoin will be part of some sort of paradigm shift that replaces physical currency. It's not based on an honest assessment of the characteristics of bitcoin.
So let's be honest. People want bitcoin to work because they like certain aspects of it. They like how it's anonymous, or they like that they can shield their assets from taxation. It's a reactionary currency. People hate X,Y, and Z aspects of normal currency, so they flock to bitcoin because it promises to not do X, Y, and Z. But it does so disingenuously, by making you play hot potato with completely valueless 0's and 1's. It claims to be safe from taxation and inflation and theft, but then leaves you completely vulnerable to extortion, hacking, and has no method of charge backs to enforce contracts.
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I think you mean 2736
diversify a bit of it each day, so that instead of betting on not losing everything, you get the average value between losing all and getting even richer
Just like my fiat bills!
It have the intrinsic value of the electricity and computer power it was needed to process the transaction.
It also have the inherent value of being independent from international banks