News about Bitcoin

More / Bitcoin Reddit - 3 years ago

We're Missing the Point on Bitcoin

When Bitcoin becomes the base layer for our world economy, BTC price won't matter anymore. We need to stop thinking BTC to 100k, 1mil, etc. I don't really know how we measure the value of BTC at that juncture... A good start is this: 21,000,...

by COINS NEWS - 3 years ago

Who doesn't have Bitcoin in their portfolio? Why?

There are a heap of reasons to have Bitcoin: It is the OG It is the ultimate story of value There will never be more than 21 million of them Institutions are buying It is legal tender in El Salvador It is being used as an actual method of payment Lig...

by COINS NEWS - 3 years ago

I’m taking out a 40k loan to buy more bitcoin:

So I’ve been weighing this up for a while and I’ve made the decision to take out a 40k loan with my bank to buy more bitcoin. A lot of people see this as risky... I don’t at all. $40,000 at 2% interest rate over a 30 year time span where as I’m buyin...

More / Bitcoin Reddit - 3 years ago

Bitcoin as a Savings Account

Just curious how many folks use Bitcoin as their primary Savings Account and don't even bother depositing spare funds into a typical bank account? It seems like with the relatively low volatility, strong support levels, and a potential bull run...

More / Bitcoin Reddit - 3 years ago

Fact: Fiat is $100T, Bitcoin is only $1T

There are ppl screaming “Bitcoin is $55k oh no its too expensive” Wrong. Why? Anyone? Hint: even if Bitcoin only takes 20% of fiat, it is $20T of the current $100T fiat system, meaning 20 fold from now so roughly $1m per coin Prob the reason why Sato...