Crypto Currency Bubble

Originally Posted by Louie Dawgs

Investing in bitcoin is dumb, it's possible that you will make money, but it's just as possible that you will lose a shit ton.

Not investing in cryptocurrency is dumb. It's just a matter of time before it hits the mainstream. Short-term ability to make and lose huge amounts of money are both feasible. Long term I think it's just a matter of time before it becomes a part of our day to day at which point the cost of the coins will be much higher.

I have a few hundred in, but I've basically forgotten about that money now. I'll let it do it's thing and see where the ride takes us.

Originally Posted by Louie Dawgs

Investing in bitcoin is dumb, it's possible that you will make money, but it's just as possible that you will lose a shit ton.

Not investing in cryptocurrency is dumb. It's just a matter of time before it hits the mainstream. Short-term ability to make and lose huge amounts of money are both feasible. Long term I think it's just a matter of time before it becomes a part of our day to day at which point the cost of the coins will be much higher.

I have a few hundred in, but I've basically forgotten about that money now. I'll let it do it's thing and see where the ride takes us.

[Babylon]

Originally Posted by Nicholas

Not investing in cryptocurrency is dumb. It's just a matter of time before it hits the mainstream. Short-term ability to make and lose huge amounts of money are both feasible. Long term I think it's just a matter of time before it becomes a part of our day to day at which point the cost of the coins will be much higher.

I have a few hundred in, but I've basically forgotten about that money now. I'll let it do it's thing and see where the ride takes us.

I used to think people saying this were engaging in wishful thinking, but I'm kinda getting on board with this idea myself. It got to a pretty crazy high point not too long ago which kind of put into perspective the potential of BTC and cryptocurrencies as a general concept have. Idk how central to our way of currency it can become due to its finicky nature but serving as a wide-scale secondary payment option/source of trade is I think already setting itself up (hopefully not for failure.)

[Babylon]

Originally Posted by Nicholas

Not investing in cryptocurrency is dumb. It's just a matter of time before it hits the mainstream. Short-term ability to make and lose huge amounts of money are both feasible. Long term I think it's just a matter of time before it becomes a part of our day to day at which point the cost of the coins will be much higher.

I have a few hundred in, but I've basically forgotten about that money now. I'll let it do it's thing and see where the ride takes us.

I used to think people saying this were engaging in wishful thinking, but I'm kinda getting on board with this idea myself. It got to a pretty crazy high point not too long ago which kind of put into perspective the potential of BTC and cryptocurrencies as a general concept have. Idk how central to our way of currency it can become due to its finicky nature but serving as a wide-scale secondary payment option/source of trade is I think already setting itself up (hopefully not for failure.)