Bitcoin's 10 trillion dollar valuation is fast approaching

You got it all wrong… I’m actually an elitist myself… :laughing:

Then watch your back, bro :pizza:

Oh shoot… is someone going to gun me down??? :scream:

No, it’s a monetary revolution, no violence involve. Watch your wallet instead

You realize your entire thesis unravels as soon as you realize there’s nothing from stopping more cryptos from being created. The techies can “print money” too by creating more crypto currencies. There’s nothing proprietary that stops people from new coin offerings. Do you think bitcoin would retain it’s value when there’s 100 other currencies to choose from?

Using something to store value implies it’s rare and stable in value. Bitcoin is neither rare nor stable. People are working on creating more currencies as we speak.

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GBTC is now over 3450, and Bitcoin is only 18600. The premium is now 100%. Should I sell it or keep it? I sold some last week when it was 50% premium. Now too afraid to sell

Correct, you are too late for giving such suggestions ! Too bad !! You should have encouraged me/us at the start of 2017. would have put all my net worth !! I would have become…multi-millionaire now :rofl:

Wait… why even bother selling when this monetary revolution is going to eradicate the elite? Should buy more rather than sell…

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If bitcoin were what pundits are claiming it to be then its never too late! How is it late when it’s going to $1M per coin when it’s only $20k right now??? A total bargain!

Talk like manch?
Need a lesson on valuation of revenue-generating/ income producing assets vs commodity assets?
manch read up on this apparently, ref his WB post but didn’t thank me because he feels I’m being nasty to him :disappointed_relieved:

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I want to see my one GBTC to reach $100k !:rofl:

Why not, one day Bitcoin will exceed the price of BRK-A :rofl::rofl:

Yes… you called him greedy and predicted he’ll lose big with bitcoin… :rofl:

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One day, we will all crypt-o-coins like this dot.com

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Hall of Fame or Hall of Shame??? :rofl:

Bitcoin hasn’t exhausted its potential market yet. It still has room to go up. I think its addressable market is men aged between 20 and 40. Women are much wiser and I suspect they are far less likely to buy bitcoins.

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Sexist the other way… :rofl:

I am very interested in the gender breakup in bitcoin buyers. Any data? I suspect more than 80% are men. At least in Japan it seems to be mostly men.

Also you are indirectly calling Japanese/Koreans unwise because they’re the ones most heavily invested… :laughing:

That’s just your imagination. I never said anyone is unwise. Only certain subset of people are wiser. :wink: