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For those of us that can't afford a bitcoin and especially those of us who can't figure out how to buy a bitcoin, is playing stocks like DMGGF or Hive Blockchain the next best things? Because I do want some torque related to bitcoin, but I'm still confused and frightened of the whole thing. Like, I still don't know what it is. In my head, it's like a mushroom that comes out of a brick when Mario's head hits it.
i like the stars a little better because not only are they neat looking but they make mario flash like crazy and the music gets jaunty look that is all i am sayin take that to the bank bromigos
Honestly, using an app like cash app, paypal, and robinhood all make it incredibly easy to trade crypto without having to worry about wallets and keys and hackers and what not.
I am 100% behind blockchain technology as the future of security (and biometrics). So where do we invest in those?
An unsteady store of value.
I've got some cash left to allocate in my 401K. Probably late to the party for this but considering taking a little.
I'd love to find out and will do some DD of my own into the topic and report back.
I notice that you left out 'ethically sourced cobalt mining'.
I have to ask, weren't you the one on BEEM? Still holding? I almost took the leap on a bit, checked the chart the other day and realized what a gaffe that was.I notice that you left out 'ethically sourced cobalt mining'.
Not a plug for Cobalt Blockchain.
They are lined up around the corner to buy the dip at this point. This is where scarcity works in our favor. Btc transfers from weak hands to strong hands in these dips.
Thank you for this.
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I'm sure a lot of people said that in December when GBTC was at $20. It just crossed $48. Guessing it'll be in the $60s or $70s in the next few months.
I was heavily involved in blockchain starting back in 2014. I ran blockchain hackathons, developed use cases for the company I worked for, blah, blah. I still have trouble picturing blockchain changing the world. It's been 12 years since the white paper that the Satoshi guy(s) was published online, I feel like if it was world-changing it would have happened already.
Change happens gradually then suddenly.I was heavily involved in blockchain starting back in 2014. I ran blockchain hackathons, developed use cases for the company I worked for, blah, blah. I still have trouble picturing blockchain changing the world. It's been 12 years since the white paper that the Satoshi guy(s) was published online, I feel like if it was world-changing it would have happened already.
A few speculative stocks can say the same.
Would you go GBTC over Bitcoin at Coinbase?They are lined up around the corner to buy the dip at this point. This is where scarcity works in our favor. Btc transfers from weak hands to strong hands in these dips.
Dudes richer than me now hold the bitcoin I used to. I think about that often.
The problem lies in thinking GBTC is a speculative stock. They hold BTC. BTC is being gobbled up by institutional investors at a rate that dwarfs it's production, driving it's value skyward. They can't make more to compensate. It's literally not possible.
Fair enough but email and the public internet saw massive adoption way faster than 11 years.
Wow, thank you for your perspective. It honestly catches me a little off guard because it feels like blockchain is changing the world.I was heavily involved in blockchain starting back in 2014. I ran blockchain hackathons, developed use cases for the company I worked for, blah, blah. I still have trouble picturing blockchain changing the world. It's been 12 years since the white paper that the Satoshi guy(s) was published online, I feel like if it was world-changing it would have happened already.
He's the expert but IMO outside investment accounts like IRAs, BTC is likely superior to GBTC.
BEEM got to be almost 50% of my entire portfolio and that's just stupid. It wasn't by design; my cost basis on Envision Solar (before the name change to BEEM) was like $12. So, I sold 10% at $62.60 on Jan 6th (was a little nervous about that whole Capitol thing and raised some cash) and then sold 50% of the remaining position at $56 as I started getting nervous.
Truth.
This is exactly how I feel. I keep gbtc in tax advantaged accounts and actual btc in my personal savings.
If we're talking crypto currency, they are making more. It isn't Bitcoin, and that will probably be the gold standard, but it will probably get to the point where it currencies are used and Bitcoin is held. That might be great for the value, I don't know.
I bought some BTC & LiteCoin yesterday in my PayPal account. They hold it and everything so isn't nearly as confusing as it was. Of course there's a fee for this but it's minimal.
I know, I need to sell some things. I just don't know what.
I'm still slightly irritated that my order a while ago was partially filled, for 30 shares when I ordered thousands.
Same here, bought .1 via PayPal in the late fall(?). Whenever it was around $18-$20,000
Login and there's a "crypto" button where you can buy and sell it. Already up 9% on BTC and 7% on LTC!!!
Right there with you. I'm NO expert. But thanks to a lot of your posts, and a lot of reading... I think I'm seeing this as the early-mid-ish stages of one of the most significant "gold rushes" of our lifetimes.
Well see, this is another thing I'm having trouble grasping. 3-4 years ago, there over a THOUSAND different cryptocurrencies with names like Dragon Milk Semencoin. Did those just vanish? And how are all these things worth anything? I mean if I pull up a gram of gold from the dirt, I can explain away its value. But a BitKitty? I don't get how it has any worth.
