My current state of thought with Bitcoin and its price. I believe it is actually overpriced right now
VLOG 27: I may sell all my Bitcoins for Steem Power
8 years ago by trevonjb (74)
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I talk about this video in my recent steem report
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Crazy I was watching this as I uploaded and then you started talking about me lol
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keep strong Trevon :)
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The Red Planet is close
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earn money blogging in www.adsense.com :D
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@craig-grant,
I too watched your video. We must have been on the same wavelength today. I wrote and posted the article Everlasting STEEM Power; Why you should Power Up! that talks about the compound interest rate and the potential of STEEM Power.
I just powered up again today!
Steem on,
Mike
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Bitcoin is going to go to $10k - $50k when the ETFs go live this fall. That said, I have divested BTC and invested in SP because I believe STEEM is headed to a market cap of hundreds of billions - which would mean $1000+ STEEM. Place your bets...
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that's all?
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;)
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BTW if your looking for a drone and need help finding or have any questions I'm your guy :-)
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yes, drone pilot for sure
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After the NSA hack, and the Bitfinex hack, it's looking dire for Bitcoin. The problem is the reputation of Bitcoin the brand is in the toilet. As a technologist (not a Bitcoiner or Bitcoin maximalist), I will gravitate to whichever technology offers the most utility to mainstream users.
Bitcoin isn't even really private, nor can it scale, and if I wanted a digital cash I would choose Dash over Bitcoin. The price of Dash is what? Yet Dash offers so much more utility than Bitcoin for the exact same use cases.
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instant confirmations
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You're a good guy. Bad idea
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bro just keep that BTC! U already have it man why sell it all? keep SOMETHING lol but to each his own brotha
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nice post and cool
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Diversify. Don't put all your baskets in one egg.
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Just let us know how selling your bitcoin goes, maybe you'll learn something you didn't realize it something else, good luck.
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@trevonjb, I posted an article this morning that could change your "may" to "will" once you see the compound interest rate on STEEM Power. My post is at:
Everlasting STEEM Power; Why you should Power Up!
I just converted a bit more of BTC to STEEM Power.
Steem on,
Mike
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I agree that you can't divide a penny. You will not be able to simply divide a penny up, then take it to a bank, and have them deposit the small sliver of copper into your account.
How ever, there is a lot of room to virtually split a bitcoin or Steemit. There is a massive amount of currency on the market and cryptocurrency is barely just scratching the surface in order to compete with it.
http://www.marketwatch.com/story/this-is-how-much-money-exists-in-the-entire-world-in-one-chart-2015-12-18
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nice chart
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Thank you Craig
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