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/biz/ - Business & Finance

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18437453 No.18437453 [Reply] [Original]

BTC is the same price it was 2 years ago.

>> No.18437476

>>18437453
$10k by end of may

>> No.18437494

>>18437453
500k in 2 years

>> No.18437515

250k by EOY 2021. check em

>> No.18437520

>>18437453
$0 on Feb 2021

>> No.18437528
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18437528

1 bitcoin = 1 bitcoin.

If you have 1 bitcoin put away that you will never sell you will be extremely rich in 10 years.

>> No.18437543

>>18437453
wow
so a store of value
retains it's value?
and it grows in value in the long run?
this cannot be

>> No.18437568
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18437568

>>18437543
Your wrong because if the price of bitcoin doesn't move in 2 years then it has lost value due to the devaluation of the USD.

Bitcoin WILL go up in price eventually. If your a investor you can buy and hold if your a trader you have to be a bit more engaged.

>> No.18437603

Bitcoin is not a store of value, it has no value in manufactoring. It has increasing value due to external forces in the wider economy (hyper inflation, loss of faith in the dollar).

Fundamentally Bitcoin has a increasing value due to the network effect.

If only 1 person uses bitcoin it is worthless, if everyone uses bitcoin it is priceless.

In my opinion when the USD tanks and brettan woods two is impossible due to the breakdown of international trust/cooperation that was characteristic of the post coldwar era. People WILL use bitcoin to transact, the value of bitcoin will go up extremely fast.