/biz/ - Business & Finance

>>51567402
bought lower than 5k$ so yes

Anyway I got your point: "it was valued at x$ previously and now it's only valued at y$ ahah bitcoin is worth nothing ahah i'm so clever"

what 1BTC = 1BTC implies is that 1BTC will always have value because 1 BTC is worth something (trust in the protocol, electricity used to mine, network effect...). And at worst (let's pretend no one use it anymore) it will always be valued for what it is: 1 BTC = 1 BTC

>>50714848
it sounds a bit like day trade with some break days. what others anons mean is that it is retarded because you will always end up losing in the long run. maybe give it a try sometimes and if you get lucky and some free satoshis take them and don't play again

>>49759632
always think in satoshis unit. you wouldn't measure your personal gold holdings as tons but as grams or killos