SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (165391)11/24/2020 8:01:41 AM
From: TobagoJack  Read Replies (3) | Respond to of 217949
 
Einstein is correct, about the universe and about humans, the former might be infinite, and latter definitely boundless, and

you are correct about bitcoin, that it is entirely and only based on sentiment, a/k/a acceptance, by people and by people who manage companies

And now you have summed up the magic, or hope re bitcoins

For now i count on boundless human stupidity, until some other bitcoin price point.

Am definitely not going to defend merit of bitcoin relative to operating companies, rental real estates, platinum, operating mines, etc etc

Am saying bitcoin, for the many reasons stated earlier, might just do what folks say it might do, get to US$ 140,000 or 300,000, or zero. The upside / downside seems good enough, all sentiment, and just a price.

Crazy, I know.