Quote:
Originally Posted by Sundancefisher
Bitcoin is hype. The more hype the more profit taking. As soon as people feel the profit taking is max the bubble bursts.
Bitcoin value is based solely upon what you think it is worth. No one is backing it with assets. No one protects it. North Korea is printing it for profit and maybe driving the bubble.
It is worthless and pricessless at the same time. It is the pet rock of currency. It could be worth $1 million next week or $0.00000001.
There is no prediction to hang your investment on. Roll the dice. Gamble and don't be the last person holding the BreX share.
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Agreed. There is a big difference in “perceived value” and “actual value”. Until the check has cleared and the money is physically in your account…..