1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:
- Thread starter JordanWearinThe45
- Start date
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The Radiant One
Superstar
This is a good example of getting out into the market first gives you the highest market share. Meaning that a new and better crypto currency may not take off since bitcoin has such a huge market share
watchin tonight's ep of Big Bang Theory and they talkin about this bitcoin shyt.....can't escape it....
Bitcoin keeps going up 
yakamein
#milfhunter
I just bought 300 shares of iota. Did I lose brehsI'd just stick with Litecoin, iota is more of a hailmary and losing $500 wouldn't really bug me much
Formerly Black Trash
Philosopher, Connoisseur, Future Legend
I’m bout to cop
Formerly Black Trash
Philosopher, Connoisseur, Future Legend
Bruh this shyt has showed me to always read the news and pay attention
If I had paid attention to this shyt earlier
Having one bitcoin would help me out right now the way it’s priced
If I had paid attention to this shyt earlier
Having one bitcoin would help me out right now the way it’s priced
DoubleClutch
Superstar
I was watching this short doc on bitcoin and looking back the whole concept seems legit but one question I left with is
Whats stopping someone else from making another digital coin currency just like Bitcoin. After all the creator was just a regular japanese guy who started it?
if buying bitcoin is so expensive why now wouldn't someone make a cheaper option just as good to compete with them?
Really there could be unlimited online currencies you know.
Like for example if PAYPAL made their version of bitcoin and they branded and promoted it to all their users, it would probably be more successful.
Whats stopping someone else from making another digital coin currency just like Bitcoin. After all the creator was just a regular japanese guy who started it?
if buying bitcoin is so expensive why now wouldn't someone make a cheaper option just as good to compete with them?
Really there could be unlimited online currencies you know.
Like for example if PAYPAL made their version of bitcoin and they branded and promoted it to all their users, it would probably be more successful.
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'Theirs' in what sense?
This has literally already happened. Thats why theres thousands of cryptocurrencies. And yeah, some of them are faster, cheaper, better tech.
Cryptocurrency Market Capitalizations | CoinMarketCap
Its a competitive space anyone is free to enter. Bitcoin was the first, is the current largest and everything in the market typically trades in bitcoin. This could change in the future; maybe it will, maybe it won't. Either way, its a good idea to have some money in the market. If anything does unseat the king, we will all be able to see it coming as it rises. I would have no problem jumping to another ship and getting rich in the process if it happens lol.
A significant part of investing in crypto is making sure you own at least SOME bitcoin, then putting money in the other smaller coins you feel have the potential to grow faster than bitcoin and make that money man.
Ether is down too $458, time to buy?
DoubleClutch
Superstar
Theirs in the sense that we (people who use paypal for years) are already have accounts with them so if they made a "paypal" coin we could easily transfer paypal funds or money linked to banks. You'd get stuff like Paypal coin credit and all types of deals that Paypal already offers it's user. Plus being on the paypal email list and getting offered promotions and stuff that make people more loyal to paypal in a sense than a brand new Bitcoin that has no history or reputation behind it other than drug deals on the darkweb and international money laundering
OJ Simpsom
Banned
I just started investing in stocks. is there a thread for that? point me in the right direction brehs.