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A comment on Bitcoin surpasses $50K as major companies jump into crypto. Parent comment

Re:Bitcoin surpasses $50K as major companies jump into crypto by walshemj on Tuesday February 16, 2021 @06:01PM (#26159922)
Sounds like pets.com all over again and I am glad I just started diversifying into gold.
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Re:Bitcoin surpasses $50K as major companies jump into crypto by choward on Tuesday February 16, 2021 @06:24PM (#26160144)
Pets.com was a business that could actually grow so it could still be considered an investment. Bitcoin is purely based on speculation. Gold is pretty much the same thing except it has some intrinsic value. The value of gold and bitcoin only moves because of peoples' feelings.
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