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20k DOW vs BITCOIN
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<blockquote data-quote="Brownslave688" data-source="post: 4110366" data-attributes="member: 34439"><p>All I need to know is the NYSE is creating an exchange for institutions, fidelity, td ameritrade, etc. endowments are investing in it. The rich have decided they want their piece of the pie too and that it’s an asset. You’re just repeating the same thing people</p><p>Have been saying for a decade yet here bitcoin still is. Will many of them be worthless over time? Sure they will but bitcoin will be around. It’s still the only name 90% of people know when they hear crypto. </p><p></p><p>The wild price swings are because of the limited supply (which is what makes it a great store of value) and relatively small market cap. You can’t just print more. 85% of all of the bitcoins that will ever exist have already been mined.</p></blockquote><p></p>
[QUOTE="Brownslave688, post: 4110366, member: 34439"] All I need to know is the NYSE is creating an exchange for institutions, fidelity, td ameritrade, etc. endowments are investing in it. The rich have decided they want their piece of the pie too and that it’s an asset. You’re just repeating the same thing people Have been saying for a decade yet here bitcoin still is. Will many of them be worthless over time? Sure they will but bitcoin will be around. It’s still the only name 90% of people know when they hear crypto. The wild price swings are because of the limited supply (which is what makes it a great store of value) and relatively small market cap. You can’t just print more. 85% of all of the bitcoins that will ever exist have already been mined. [/QUOTE]
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