SG Talk

It is full of jargon and crypto maths. I doubt most who went in actually understands it fully.

As there is no intrinsic value only speculative value based on greater fool theory that more people cheong the higher it goes, it is a pure bubble. But how high it goes and for how long is an unknown. If more willing to buy it can go up higher that is all.

In itself the bitcoin is useless thing. It does not facilitate transactions- it is slow and costly and as a store of value too volatile.

https://www.wsj.com/articles/yes-bitcoin...1621851924

So it is purely a vehicle for speculation. Buying and selling in of itself.

(05-12-2021, 09:21 AM)sgbuffett Wrote: [ -> ]It is full of jargon and crypto maths. I doubt most who went in actually understands it fully.

As there is no intrinsic value only speculative value based on greater fool theory that more people cheong the higher it goes, it is a pure bubble. But how high it goes and for how long is an unknown. If more willing to buy it can go up higher that is all.

In itself the bitcoin is useless thing. It does not facilitate transactions- it is slow and costly and as a store of value too volatile.

https://www.wsj.com/articles/yes-bitcoin...1621851924

So it is purely a vehicle for speculation. Buying and selling in of itself.

I deploy my own erc20 token in mainnet last year.hehe. you want to buy my coin?

(05-12-2021, 11:27 AM)lionkingch55 Wrote: [ -> ]I deploy my own erc20 token in mainnet last year.hehe. you want to buy my coin?

Post yr name nric and address

Those who invest in bitcoin 1 or 2 decades ago are laughing to the banks

(05-12-2021, 11:59 AM)Gstalk Wrote: [ -> ]Those who invest in bitcoin 1 or 2 decades ago are laughing to the banks

Wish I did but too bad I do not have time machine.