Quote:
Originally Posted by dino7c
I have 720K worth of Bitcoin...20k worth of Alts on any given day. It's no longer a small investment, not for me anyway.
Maybe for big 300 BTC guy over there that never mentioned it until today lol.
The main reason for my "tone" is I was mocked on here for that $1500x10 buy that is closing in on making me a million dollars in four years. Yeah I am gonna come back and bust balls, every time it goes down people do the same to me.
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That's awesome you've done well on those bitcoins.
Honestly happy for anyone here doing well with whatever they invest in or do.
But your tone and the fanboy tone of crypto investors is both reason to believe on the investment and to fear it.
Its impossible to separate the success of bitcoin from the fandom if bitcoin.
The value is where its at predominantly due to mass fandom, not traditional investment metrics or inherent benefit of the product itself.
I'm both confident the fandom will keep it growing further but also have massive pullbacks.
There will almost certainly be a newer, better Bitcoin as well.
It's just a matter of when, how high can Bitcoin go before that and what happens to it when the better steals the fanboys.