Yes you can buy a Tesla with Bitcoin. You can buy gold with bitcoin and with Bitpay I can link a card to my account and spend Bitcoin any where that takes Visa.
Dont even need to come back into Cad dollars...
Stocks to watch
- Thread starter broke'n'nuts
- Start date
Yes you can buy a Tesla with Bitcoin. You can buy gold with bitcoin and with Bitpay I can link a card to my account and spend Bitcoin any where that takes Visa.
Dont even need to come back into Cad dollars...
ABMax24
Active VIP Member
I wonder what it'll do to the volatility of Bitcoin? If it becomes more used as a common currency would it not become closely tied to that currency?
I could be out to lunch, but I think if bitcoin gets big enough it will stable out on its own. Because It will take really big moves to swing it either way.
Who knows it could go to zero. There is some speculation involved here for sure, but I like to think its educated speculation. But Im not the smartest guy out there, so I have eggs in different baskets.
Hate to break it to you but your money is already mostly digital. And they just make as much of it as they want. Hence all the inflation.
Unless you keep cash under the mattress,. Its all numbers on a network.
If you do keep it under the mattress, right on I like your syle
- Moderator
- #546
Bogger
Bogger of the GBCA
It can and has been stolen, just not in the traditional "bank robbery" way. $40M went missing from Binance and the US feds have recovered over $1B in stolen coin from Silk Road they say was stolen. You can theoretically rob a bank from your mom's basement if you know what your doing.... But it is tough, crypto is proving to be very secure
It mostly goes missing off exchanges and likely is inside jobs. If you have it stored offline and only you have the private keys it's never been hacked into that way
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- #548
- Moderator
- #549
- Moderator
- #550
Bogger
Bogger of the GBCA
That's a pretty good day....lol
I had ONE day like that back on December 28, 2017 but it was all pot stocks not just one. Today was a good day up over $2500 but I've had lots of bad ones too, never thought I'd get to the point where I can watch $5000 disappear over 2 days and think Meh...
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- #551
Bogger
Bogger of the GBCA
Might pan out.... What scares me is they have already gone from $0.60 to $1.93 in the past 3 months with a valuation of $363M - are they really worth $363M or is that price driven by speculation and can they show the revenue to prove that valuation. I will have to do some research and find out, it's a novel idea but many customers and revenue streams are required to justify that valuation.
Even looking at the valuations of many of the pot stocks is mind blowing. How is a start up retailer or wholesaler worth a $500M valuation??? but many of them are right now. Even with US full legalization thats a stretch.
S.W.A.T.
Active VIP Member
But I can still hold cash in my hand.
That is true. Look at this guy. He's got a wheel Barrow full of cash. If Cash is king, get this guy his crown! Haha
ABMax24
Active VIP Member
Lol. Like the hyperinflation of the Weimar Republic of the 20's. Paper money was so worthless it was burnt for heat, and used as wallpaper.
S.W.A.T.
Active VIP Member
Thats the guy from Nigeria emailing people trying to give it away
fredw
Active VIP Member
Strong green today for a few big positions.. APLI and Ate.. made some decent Ching-Ching now keep it going, been on either for a year now
fredw
Active VIP Member
Over 60000 For Bitcoin, missed the boat with that
canuck5
Active VIP Member
It has jumped significantly in the last month
AreWeThereYet
Active VIP Member
MJ stocks are going,.. just cashed out all my CBDT stock after the run this afternoon,..
Currently on disability,.. but at this point I don't need to go back to work this year
Currently on disability,.. but at this point I don't need to go back to work this year
AreWeThereYet
Active VIP Member
I was in DFLY when it was about .60, sold when around .95,.. now its "taken" off sorta speak, lol,.. $4 now
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