CDZ Next stop, $50,000? Bitcoin's relentless surge rolls on (current price : around 29K)

[peacefan]

Next stop, $50,000? Bitcoin's relentless surge rolls on

Bitcoin first topped $19,000 in December 2017 before crashing spectacularly to around $3,200 a year later. But long-term buy and hold bitcoin bulls, or HODLers as they're known in crypto circles, are having the last laugh.

Local : 2021-01-07(Thursday) 21:16:44
Found via nicer.app/news

 

[The Rabbi]

Bitcoin is quite literally nothing. Who pays thousands of dollars for nothing? Fools, that's who.

 

[candycorn]

Bitcoin is quite literally nothing. Who pays thousands of dollars for nothing? Fools, that's who.

you're back?

 

[Muhammed]

I think it's because of investor wariness of the US dollar due to the stolen election. Very predictable spike.

The Biden administration is going to devalue the US dollar, just like former Fed chair Janet Yellen did before under the Obama administration. Now she's the Treasury Secretary.

 

[Deplorable Yankee]

Next stop, $50,000? Bitcoin's relentless surge rolls on

Bitcoin first topped $19,000 in December 2017 before crashing spectacularly to around $3,200 a year later. But long-term buy and hold bitcoin bulls, or HODLers as they're known in crypto circles, are having the last laugh.

Local : 2021-01-07(Thursday) 21:16:44
Found via nicer.app/news

I said 6 months 50k two months ago lol
It toyed with 40k
Eterherium finally did the opposite of bit coin and held up much better

 

[Blackrook]

Something that is based on computers running can't be worth anything. It's hard to understand why so many people have fallen for this scam.

 

[DudleySmith]

Something that is based on computers running can't be worth anything. It's hard to understand why so many people have fallen for this scam.

No mystery; people will gamble large ridiculous amounts on anything, no matter how trivial.

William 'Bet A Million' Gates and associates would make $10,000 bets on 'raindrop races' down train windows back in the late 1800's. That would be about $300,000 in today;s paper money.