Money Talk

Bitcoin hits $4K USD

Submitted by omitted, , Thread ID: 43886

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13-08-2017, 02:29 AM
#1
https://www.cnbc.com/2017/08/12/bitcoin-...rfold.html

Check it out for yourselves. Pretty excited about this due to partof my college fund being based off of BTC and other cryptocurrency investments.
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RE: Bitcoin hits $4K USD

#2
This feels bad, knowing I ordered a pizza for ~ 13 bucks 2 weeks ago. It's worth 23 bucks now. I feel scammed
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RE: Bitcoin hits $4K USD

#3
Well i went from 73$ to $350 so i guess that's something, i dont think it'll stay on 4000 long tho

RE: Bitcoin hits $4K USD

#4
13-08-2017, 05:38 AM
Geonode Wrote:
Well i went from 73$ to $350 so i guess that's something, i dont think it'll stay on 4000 long tho

Thats also what people thought when it skyrocketed from $20 to $1000. But bitcoin is almost at it's limit and it's still the most requested crypto currency
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RE: Bitcoin hits $4K USD

#5
13-08-2017, 05:41 AM
Aisaka Wrote:
Thats also what people thought when it skyrocketed from $20 to $1000. But bitcoin is almost at it's limit and it's still the most requested crypto currency

I feel like its gonna crash, actually..... I want it to crash, in need to buy some BTC. Right now im investing in multiple currencies and BTC being the center of attention makes me angry I gained my $350 with Neo so im set on when that goes up, and im currently trying to find out which other currency has potential.It's getting tedious to track all of this especially when tides turn when BTC's price change.

RE: Bitcoin hits $4K USD

#6
13-08-2017, 05:58 AM
Geonode Wrote:
I feel like its gonna crash, actually..... I want it to crash, in need to buy some BTC. Right now im investing in multiple currencies and BTC being the center of attention makes me angry I gained my $350 with Neo so im set on when that goes up, and im currently trying to find out which other currency has potential.It's getting tedious to track all of this especially when tides turn when BTC's price change.

Well, at some point it surely will drop. I don't think that'll be too soon tho.
And yes, observation is annoying, thats one of the reasons why I don't really care about the crypto currencies. Also the other currencies have the same peoblem as btc had: Noone accepts them as a payment. Even bitcoin isn't accepted everywhere but currencies like ether aren't accepted anywhere
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RE: Bitcoin hits $4K USD

#7
13-08-2017, 06:02 AM
Aisaka Wrote:
Well, at some point it surely will drop. I don't think that'll be too soon tho.
And yes, observation is annoying, thats one of the reasons why I don't really care about the crypto currencies. Also the other currencies have the same peoblem as btc had: Noone accepts them as a payment. Even bitcoin isn't accepted everywhere but currencies like ether aren't accepted anywhere

Bitcoin is slowly becoming accepted as payment, like just bitcoin alone. They aren't looking at the others..... just Bitcoin.

RE: Bitcoin hits $4K USD

#8
13-08-2017, 06:05 AM
Geonode Wrote:
Bitcoin is slowly becoming accepted as payment, like just bitcoin alone. They aren't looking at the others..... just Bitcoin.
That's because vendors just realized "hmm, if we sell products with bitcoin and the exchange rate goes up we make even more money". Otherwise they wouldn't even bother with crypto currencies as the "normal" customers don't even know what a crypto currency is.
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RE: Bitcoin hits $4K USD

#9
13-08-2017, 06:09 AM
Aisaka Wrote:
That's because vendors just realized "hmm, if we sell products with bitcoin and the exchange rate goes up we make even more money". Otherwise they wouldn't even bother with crypto currencies as the "normal" customers don't even know what a crypto currency is.

I realized that, and I think the vendors dont know crypto-currencies either. I hope that one of the storage-based decentralized currencies make it up in the ranks, Im investing in Siacoin and i want that to be successful, it looks promising. Storj feels like Amazon but a few cents cheaper. Was also looking at filecoin but im not a millionaire.

RE: Bitcoin hits $4K USD

#10
13-08-2017, 06:16 AM
Geonode Wrote:
I realized that, and I think the vendors dont know crypto-currencies either. I hope that one of the storage-based decentralized currencies make it up in the ranks, Im investing in Siacoin and i want that to be successful, it looks promising. Storj feels like Amazon but a few cents cheaper. Was also looking at filecoin but im not a millionaire.

Actually i never heard about those. But it would be nice if it wouldn't be that wild around crypto currencies. Just one or two currencies that are established and accepted almost everywhere would be nice. It feels like "oh hey I'll just create another currency and try to make it as popular as bitcoin" atm.
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