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I'm not saying Bitcoin is a short term hold

Posted on: May 19, 2020 at 10:38:06 CT

ashtray UF

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It's a long term hold, and over time volitility doesn't matter if the asset value is increasing. Bitcoin 5 years ago was $300. It's near $10k today and hasn't been below 3k in the last 3.

Inflation of the money supply has been the only thing propping up stock prices over the last 10 years. Not gains in productivity.

Please explain why this message is being reported.

REPLY

MESSAGE THREAD

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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