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RE: Based on what?

Posted on: May 19, 2020 at 10:30:42 CT
meatiger MU
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We buy/sell things in dollars right now. Not saying you cannot trust bitcoin per se, but the value of it is extremely volatile....so what you have one day is very different than the next.

It is interesting that all of the inflation we were supposed to have in the last 10 years...basically none of that has come home to roost, with much of it offset by big gains in productivity. I could see Gold as part of your portfolio more to reduce overall volatility than build wealth.
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This is what has to happen to avoid another crash - ashtray UF - 5/18 20:58:32
     Depends a lot on how much private liquidity there is IMO. - GA Tiger MU - 5/21 07:59:28
          depends a lot on solvency, too - ashtray UF - 5/21 10:43:46
               I was referring mainly to the private investor and - GA Tiger MU - 5/21 20:27:09
                    Real estate has its own boom and bust cycle now - ashtray UF - 5/22 10:47:56
     RE: This is what has to happen to avoid another crash - meatiger MU - 5/18 21:59:55
          So move your money accordingly - ashtray UF - 5/18 22:47:54
               RE: So move your money accordingly - meatiger MU - 5/18 23:22:32
                    Not sure what you mean (nm) - ashtray UF - 5/19 07:54:39
                         RE: Not sure what you mean (nm) - meatiger MU - 5/19 09:44:23
                              Well said(nm) - tbluck STL - 5/20 10:26:54
                              Gold, silver, Bitcoin - ashtray UF - 5/19 09:45:34
                                   No trust in bitcoin - meatiger MU - 5/19 09:55:18
                                        Based on what? - ashtray UF - 5/19 10:22:35
                                             RE: Based on what? - meatiger MU - 5/19 10:30:42
                                                  I'm not saying Bitcoin is a short term hold - ashtray UF - 5/19 10:38:06




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