Bitcoin's 10 trillion dollar valuation is fast approaching

Pure Madness, 2.0… :scream:

Unbelievable!!!

Why doesn’t the US government make its own crypto currency… Can charge off the $20 trillion debt

Good idea!!! :laughing:

Some people seem to be blinded by emotion. Oh, sorry, I sound like a nut, right?

The way to retire is to have no taxable income at all. Otherwise, the income from your stocks, rentals and whatnot will raise the tax bracket you supposedly, allegedly said it was lower.

Well, listening to a radio tonight, anybody being a particular, a nut person, like you, investing in Bitcoin, don’t shoot me for being the messenger of death, will have to have a notebook specifying where he or she bought that cup of coffee with the money from Bitcoin. IRS will be waiting for you to give an account of what $ you invested and where you spent the proceeds.

This doesn’t apply to the big sharks I heard. Those who can play with capital gains they said. So, be careful, Bitcoin is going to be a cow the IRS is going to be milking, big time!

Market watch is having sections/pages on crypto.

This is the insanity. There’s not much stopping people from creating the next bitcoin. It’s similar to when it took almost nothing to register a .com and get an insane valuation. This will end badly.

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Please advise @manch regarding this concern of yours. He is about to take a plunge into the dark side… :wink:

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Wait… why am I the most vulnerable in your chart??? Not fair!!! But thanks for your inclusion… :rofl:

Because he thinks he’s smarter than all of us. A very dangerous trait. :smile:

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https://www.redfin.com/FL/Miami/480-NE-30th-St-33137/unit-2206/home/43370743

Spectacular 1 bed/1.5 baths Penthouse unit with high ceilings, unobstructed Biscayne Bay view & Miami skyline. This amazing condo unit features euro-style kitchen, wood floors & impact windows. As boutique style condo, Platinum Condominium includes state of the art amenities such as fitness, infinity pool, Jacuzzi, spa, party room, conference room & front desk. Centrally located close to major roads, highways, Downtown, Brickell, Design District & Wynwood. “PRICE? ONLY ACEPTING BITCOIN”

33 Bitcoins and this gorgeous Miami condo is yours.

I would absolutely love to buy this unit with 33 bitcoins 6 months from now… :laughing:

Yellen says that botcoin is not a major risk to our financial system. Go ahead to speculate, Yellen won’t care about it.

https://www.investors.com/news/bitcoin-falls-sharply-bitcoin-stocks-gbtc-riot-blockchain-square-follow/?src=A00220&yptr=yahoo

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Is OSTK a good stock to buy if it has no bitcoins? Any take on its business fundamentals?

How did it fall sharply? I don’t think any selloff has started yet…

What are you waiting for?

Sell your homes! Buy Bitcoin!

(following the same advise given to me by some investors here, which by the way don’t follow their own advise :sweat_smile:)

That title is from journalist, not me. Read the article, it’s about Yellen’s comment on Bitcoin.

There was a selloff of 9% today, which would qualify as “sharply” to journalist for sure. 9% is only 10 times less than your 90%, you need 9 such declines to be correct :joy:

She’s right… no need to read further.

So regulators will leave cryptos alone. It’s the individual’s reponsibiliry to take the risks and get the reward or negative reward

What’s interesting is the disconnect between GBTC prices and Bitcoin prices. GBTC prices don’t even pretend to be linked to BTC :wink: