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Re:Bitcoin breaks $3K to reach new all-time high by discombobulate on Saturday August 05, 2017 @05:06AM (#14934890)
Like I said, I stay on the ball. I'm not going to lay out my investment thesis here.
Re:Bitcoin breaks $3K to reach new all-time high by trevyn on Saturday August 05, 2017 @05:15AM (#14934905)
But the point is that a "strong fundamental" means that there is a widespread long-term belief in whatever backs the currency. Bitcoin is too new to have this in human timescales.

Can you make money speculating in Bitcoin? Obviously. But it is not fundamentally backed by something that people have long-term trust in -- it is only worth what you can trade it for at that moment.

Re:Bitcoin breaks $3K to reach new all-time high by discombobulate on Saturday August 05, 2017 @05:24AM (#14934923)
I trust cryptography & networks. I've lived a large part of my life on networks. Never talked to a politician.