Boiler Room: The Official Stock Market Discussion

CrimsonTider

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earning that woat title. How much about bitcoin do you really know? Spreading misinformation is more serious then you think. Just look at the states since russia interfered with election.
What utility does Bitcoin have from a practical sense? We have a currency and it works just fine?

what’s the reason for Bitcoin valuation from a investment sense? Why is Bitcoin or Doge trading at its current prices?

there’s going to plenty of people that make a lot of money investing crypto. There’s also plenty of people that’s going to make a lot of money reselling Jordan’s
 

Reign X

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What utility does Bitcoin have from a practical sense? We have a currency and it works just fine?

what’s the reason for Bitcoin valuation from a investment sense? Why is Bitcoin or Doge trading at its current prices?

there’s going to plenty of people that make a lot of money investing crypto. There’s also plenty of people that’s going to make a lot of money reselling Jordan’s

bitcoin is more of a store of value now, digital gold. There’s a cap on how many bitcoins will ever be produced.

current currency works just fine? You mean the one that’s getting printed at crazy amounts. Heavily manipulated, centralized, won’t protect you from inflation. It’s far from perfect.

doge is more speculative. I’m definitely not advising people invest in that, or other super meme stuff without researching themselves.
 

CrimsonTider

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bitcoin is more of a store of value now, digital gold. There’s a cap on how many bitcoins will ever be produced.

current currency works just fine? You mean the one that’s getting printed at crazy amounts. Heavily manipulated, centralized, won’t protect you from inflation. It’s far from perfect.

doge is more speculative. I’m definitely not advising people invest in that, or other super meme stuff without researching themselves.
Yes the current currency works fine. If I need to eat I can trade current currency for food and that currency is backed central bank and government

if I have the current currency stolen there is recourse and insurance

what world are you living in?
 
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dora_da_destroyer

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aight, what's the best platform to buy crypto and which ones should i buy besides BTC - and how fast can i get my money out? i had 2g's sitting in an e-trade account to play with options but never did, so i might try crypto intead
 

dora_da_destroyer

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bitcoin is more of a store of value now, digital gold. There’s a cap on how many bitcoins will ever be produced.

current currency works just fine? You mean the one that’s getting printed at crazy amounts. Heavily manipulated, centralized, won’t protect you from inflation. It’s far from perfect.

doge is more speculative. I’m definitely not advising people invest in that, or other super meme stuff without researching themselves.
can't the same be said for BTC? one day it's at 63k USD the next 49k...like why would i want to be in such a volatile "currency"?
 

Deafheaven

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can't the same be said for BTC? one day it's at 63k USD the next 49k...like why would i want to be in such a volatile "currency"?

I basically see btc as a way for people to maybe get rich but ehhhhh at least ethereum has a tangible use atm correct? Btc is basically worth money because we made it worth money
 

Reign X

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can't the same be said for BTC? one day it's at 63k USD the next 49k...like why would i want to be in such a volatile "currency"?

forget the currency part, that’s not its best use anymore. It’s an asset, that’s capped in production. It goes up in value every halving cycle, as mining rewards go down.

You can look at currencies around the world and see problems. Argentina, Nigeria, etc. All this printing will likely lead to devaluation. Dollar over longterm pretty much only goes down in terms of purchasing power. For last ten years, bitcoin has gone other direction. Scarcity is key. Short term it’s definitely volatile.

I’m not saying people should put life savings in bitcoin but owning 2-5%, is more responsible then owning 0 in my opinion.
 

K-Deini

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aight, what's the best platform to buy crypto and which ones should i buy besides BTC - and how fast can i get my money out? i had 2g's sitting in an e-trade account to play with options but never did, so i might try crypto intead
I use coinbase pro. Buy link, nice future 1000+ token. At work at moment but can give more dd later after if you don't wanna googles. And then fegtoken if you want the next hyped token after doge
 
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