Re:Bitcoin Is Acting Like Just Another Tech Stock
by boppo1 on Wednesday May 11, 2022 @10:57PM
(#31348779)
It hasn't failed for anyone following a moderately informed buy-and-hold strategy. I bought some bitcoin in August '17 and thought 'we'll see in ten years'. It has remained greener than any of my other investments.
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Re:Bitcoin Is Acting Like Just Another Tech Stock
by hammyhavoc on Thursday May 12, 2022 @05:48AM
(#31351503)
That's the thing though. The utility is what informs the perceived long-term value. It isn't meant to be an investment, it is meant to be a currency. Beanie Babies weren't a currency or an investment, they were a toy.