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Old 02-06-2020, 04:29 PM   #540
Winsor_Pilates
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Quote:
Originally Posted by dino7c View Post
still making money...arguing with you guys is pointless

If you bought a bitcoin Jan 6 you could sell it for about a $3000 profit today (Canadian funds)

not a bad month
Not looking for an argument, I don't actually follow cryptos at all but have heard very little lately, when it once was very common conversation.

I guess my question is more:
-Are you buying bitcoin Jan 6th because you believe in it's function as a currency?
-Are you buying bitcoin Jan 6th because you believe it can still go up in value for trading purposes.

Anything can be traded and have value to it in that sense, I'd buy and sell dirt if I had a sense people were going to value it higher in a month.
You make money if you buy and sell at the right time, you lose if you buy and sell at the wrong time.

But what I want to know is whether the promise of bitcoin still holds true?
Are we still expecting it to take over major currency transactions and be using it to buy and sell goods on a regular basis?
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