Current Events > Cryptocurrency will be a good investment in 10 years.

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Cocytus
07/16/22 7:31:49 PM
#1:


Cryptocurrency will be a good investment in 10 years.


Bitcoin, in particular.
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EndOfDiscOne
07/18/22 12:02:20 PM
#2:


Cocytus posted...
Bitcoin, in particular.
Absolutely

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Were_Wyrm
07/18/22 12:06:43 PM
#3:


The way things are going bottle caps will probably be a better investment.

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MarthGoomba
07/18/22 12:07:37 PM
#4:


Crypto is only good for mining and immediately selling off into proper investments

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Iodine
07/18/22 12:10:27 PM
#5:


EndOfDiscOne posted...
Absolutely


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R1masher
07/18/22 12:11:59 PM
#6:


Im in the metaverse its dystopian af

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ToadallyAwesome
07/18/22 12:19:33 PM
#7:


Crypto will crash at some point. All it would take is one whale not wanting to play any more and thats the match that burns it all down. Its only stable right now due to the top heavy people allowing it to be and its easy way to do shady shit with money. Its stupid volatile and has zero protections if there was a run on it. Which is exactly what caused the 1929 stock market crash.

Everyone cant cash out on it. Its all paper money not liquid. Ive never seen a weirder oxymoron than crypto billionaire. Stocks and other investments have hard backing against them. Crypto does not.

Its a house of cards and its ludicrous that people are giving what are essentially digital Pogs the value that it is. There is no reason 1 Bitcoin is worth the 22k its at right now.

The fact that we can get GPUs at regular market prices new again should tell you everything. People will learn what a finite currency really means. What happens when the last coin is mined? I have no idea and I bet you a lot of other people dont either as its never happened before.

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Irony
07/18/22 12:27:46 PM
#8:


Maybe 10 years ago

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#9
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Tmaster148
07/18/22 12:31:36 PM
#10:


Considering any kind of "crypto investment" means you need to be able to cash out and cashing out only depends on if people are buying into crypto and there's not much reason for people to buy into something that has no intrinsic value besides hoping that more people will want to buy the coin thus raising it's value.

It's really not a good long term investment.

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STEROLIZER
07/18/22 12:36:53 PM
#11:


Lol

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SecondBreakfast
07/18/22 12:44:25 PM
#12:


God Im tired of crypto and NFTs. Theyre just fads. The only way you make money off of them is if you sucker others into buying them.

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teep_
07/18/22 1:16:11 PM
#13:


Bitcoin, maybe. Same with Ethereum. But not random cryptocurrency #15282629

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Sexypwnstar
07/18/22 1:20:35 PM
#14:


If you bought the ~$17,000 dip a few weeks or a month back you'd have made a >30% gain if you sold now

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Cocytus
07/19/22 9:56:14 AM
#15:


Sexypwnstar posted...
If you bought the ~$17,000 dip a few weeks or a month back you'd have made a >30% gain if you sold now
Yeah but talk about a risk...
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WingsOfGood
07/19/22 9:57:36 AM
#16:


governments gonna make their own crypto and normies will buy that kinda means it very well could be forgotten about
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Sexypwnstar
07/20/22 10:58:37 AM
#17:


Cocytus posted...
Yeah but talk about a risk...

And it's at 24k now.

A 40% gain.

In like a month if you had invested.

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EndOfDiscOne
07/20/22 11:02:09 AM
#18:


Cocytus posted...
Yeah but talk about a risk...
One of the reasons I started buying in the first place was that the potential upside is far too great to ignore. But dont put in anything that youre not comfortable with losing.

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Hop103
07/20/22 11:15:55 AM
#19:


Bitcoin and Etherium will be a good investment a touch sooner than that, NFTs will die though (NFTs will not be missed).

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TheMikh
07/20/22 3:45:11 PM
#20:


Hop103 posted...
Bitcoin and Etherium will be a good investment a touch sooner than that, NFTs will die though (NFTs will not be missed).
nfts will still be around given the utility of the standard for blockchain application development, but the speculative hype should be long gone by then.

SecondBreakfast posted...
God Im tired of crypto and NFTs. Theyre just fads. The only way you make money off of them is if you sucker others into buying them.
some render actual services and enjoy usage to show for it, but the beast of permissionless token creation means it's a magnet for scams and crap without value or deliverables.

the only reason why this is not more prevalent in the traditional business world (anymore) is because of higher filing costs and regulatory protections. it's not easy to regulate internet communications or open source software though.

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