Think Bit Coin will hit $30,000 this month? Will it hold? What and how will it effect the market. IS this the new "flight" to safety? What do you think.

A flight to safety? BTC produces nothing, does not pay a dividend for holding it, and it lacks intrinsic value. Based on the dozens of crypto bankruptcies over the past few years, it seems more likely to go to down than up from here.

Quote from: Rick on April 10, 2023, 03:50:59 PMThink Bit Coin will hit $30,000 this month? Will it hold? What and how will it effect the market. IS this the new "flight" to safety? What do you think.

I think it's fool's gold.  Sure, you can probably strike and get in and out, but I think you're (anyone) playing with fire...  I love BTC for transactions, but an investment it is not.  It's also the early steps to commmie-controlled digital currency.

$30127 after hours.

Should have done it when I posted this. I knew it was going for another spin on the merry go round when Russia got involved.

https://conservativepoliticalforum.com/financial/now-may-be-time-to-buy-bitcoin/

Do not trust any form of currency you cant hold in your hand. Learn the lesson of FTX crypto currency, 32 billion gone at the tap of a computer key.

Best to buy Gold or silver coins

Lead and brass, food. Water is currently my weakest leak.

I see BC/crypto as a lever to crash the system. But don't see the mechanics of the crash.

BC/crypto is the predesessur to chip ID's.  Understanding this, is the road to understanding chip ID's.

Just found this.

https://www.theburningplatform.com/2023/04/11/crypto-markets-wild-west-yellen-increases-surveillance-gensler-to-use-2-4-billion-in-crypto-markets-binance-derivatives-license-cancelled-in-australia-pfizer-deaths/#more-299535

Beware the pump and dump or the infamous RUG PULL maneuver