It's Been Said Over 130 Times That Bitcoin Is Dead!
Declared Dead 139 Times
As a matter of fact Jim Cramer was even disparaging the fact that Bitcoin mining was causing shares of video cards to rise!
Guess he forgot about supply and demand.
Barrons even wrote on how the digital currency rage can be compared with “Tulipmania.”
Bitcoin’s fans claim it is a technology and not something that can be valued like a stock, which probably echoes conversations in Amsterdam coffee houses in the 1600s to rationalize paying any price for tulip bulbs.
In the years 1636 through 1637 the tulip bulb craze was in full force in Holland. At its peak, one tulip could buy you an entire estate. At the bottom, one tulip could buy you an carrot.
Hey Have A Carrot
Now the prices of digital currencies are currently declining, when I just checked, but don't fret. You can be assured that there will always be fluctuations in all currencies. But I remember when e-mail first came out nobody took it for being useful, but now it's needed for about anything you do in life. From joining a website to opening a checking account.
So Again Are You Ready To Start Using The Interweb Thingy??
Steemit along with some of the biggest currencies are here to stay. Do your homework and put a little aside as you would with a savings account.
And don't let the bad news from the media get to you, as we know how wrong and slow they can be!
Great post ! thanks for sharing !! Will follow :)
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Thanks @chrixbiz and ditto!
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We are at the tip of the tip of the iceberg with blockchain and cryptocurrencies!
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I agree. There are going to be some scams but the main fact is people will be using digital coins from now on!
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Havent gotten into cryptocurrency yet, but definitley trying to educate myself so i can start
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Great! I use them as a savings account. I put in money then wait until it triples. Then I take out my original deposit and what's left is the "house" money.
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I like that approach, im just cautious to jump in with such a huge increase in the last few months.
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Did you miss out on Amazon, Google, and Facegook? Just asking...
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Yes unfortunatley, im only 20 so im just starting to be in charge of my money and ive started investing in stocks
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