/biz/ - Business & Finance

>>3518110
>>Question #1) Apple produces iPhones. Amazon produces fulfillment services for millions of products. What does Bitcoin produce?
>Blockchain, a distributed, decentralized, immutable ledger with tons of already innovative applications and we've barely scratched the surface of this amazing concept.
>>Question #2) Bitcoin’s “value” has increased by 350% in the last 12 months. What has Bitcoin introduced in that time period that would justify a 350% increase in its value?
>Lots more apps running on blockchain. People needing to buy bitcoin with fiat to trade for other investments. Wider accessibility and hence growth and demand.
>>Question #3) Bitcoin is being promoted as a “store of value,” yet it frequently will correct by 30% – 50% in under 48 hours. (this is false btw) What is YOUR definition of a “store of value” and how does Bitcoin fulfill your definition?
>1 bitcoin is always equal to 1 bitcoin. 1 bitcoin's price in dollars sometimes goes crazy thanks the Federal Reserve printing trillions of dollars the past few years. A few years ago $100 dollars bought you 100 shares of Citibank; these days it buys you 1.3 shares of Citibank. Is USD a store of value?
>>Question #4) If you are holding Bitcoin in the hopes of selling it at a higher price, how will you know when to sell it?
>You sell when you need to cash out to pay bills or you decide you've made enough money to buy something nice or even retire. Or you note that $5,000 is a significant psychological barrier that people will want to sell at, and that these same people will, like you, expect other people to sell because they expect other people to sell, so everyone oversells then it corrects and that's just what
>Question #5) What does Bitcoin offer to secure its dominant market position that no other crypto-currency offers?

John McAffee is on the new board of POSW.

Where is your Moses now?

American Home Grown Coin

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POSW is made in the usa.

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>>3451457
>>3451457
>>3451457

Already doing something over in this thread.

>>3419226