Bitcoin Keeps Hitting New Highs as Crypto Mania Accelerates

No you can value bitcoin in squirrel farts because like squirrel farts, bitcoin is nothing, it not even smells. On the other hand, especially silver has immense worth and can decide if you live or die. Of course if you value you're life at zero or nothing, then I agree Silver will be worthless for you.

Who says I don't? I have physical gold and silver AND I have Bitcoin. You're missing out purely based on spite at this point. You are so angry that you were wrong years ago when you could have bought cheaper. Even a month ago, you could have bought in cheaper. And you didn't. Now you are externalizing your own self-loathing because you know you fucked up. The sooner you come to terms with it and capitulate, the better off you will be in the long run. $52,000 is still cheap where this is going. We are at the phase of institutional adoption. We're still trading the early adopter phase. But if you want to stay mad, you can stay poor.

as I say, you don't understand. I'm not sure if its ignorance, I think it's even worse...

The “digital economy” seems great...unless the power grid gets fried and digital goes away.

I would like to have tangible, real assets too.

It’ll be tough to barter with a Bitcoin.

I don't think you argue in good faith.

That CEO of Micro strategy is 110% all in on bitcoin.
Dude is wicked smart, and he makes very good arguments.
He could be wrong, or he could be right. I guess we'll find out eventually.

Funny thing about these bitcoin headlines, prices move so fast that they're practically obsolete by the time they trickle down to us.

you don't get it, there is real worth and there is worth which people believe in. your belief in fiat or crypto is leading people directly into lala-land or being in lala-land people believe in fiat and crypto. you crypto-tards pose as fighters against the nwo and the current financial system, not realizing that you do not differ in any way. you search for 'riches' which have been defined by your 'makers', you are pumped to the extreme, in fact, YOU ARE THE BUBBLES.

98% of dollars are already digital.

I agree with you but the future is crypto like it or not.

Yeah? Well it's not going to be bitcoin. In fact, it will be xrp before it's that piece of shit bitcoin. It will be their own digital money and bitcoin will not be accepted anywhere mainstream once that happens.

I don't know how a computer works. or a cell phone. Or the internet.

I have the most basic infantile understanding of crypto.

But I know what $ smells like.

Don't feel like you have to understand it to use it to your benefit.

I don't suggest you put your life savings into it. But the smart ones are getting acquainted with it and even making some $ from it.

It's here and it's not going anywhere. When it does collapse or get seized by the tptb EVERYTHING will be seized. Use your time well now.

Silver and gold aren't accepted anywhere mainstream. Do you think you've made some kind of point?

could be that Texas is having power outages due to all the BITCOIN mining? already see the Government telling that and screwing you over

[link to finance.yahoo.com (secure)]

(Bloomberg) -- Bitcoin’s incredible rally shows little sign of abating yet after the token jumped past $52,000 for the first time.

The largest cryptocurrency was little changed in Asian trading Thursday at about $52,100 after a fivefold surge in the past year

Bitcoin’s rally for some is emblematic of speculative froth in financial markets awash with stimulus. The crypto faithful counter that the digital asset is grabbing more mainstream attention, especially after Tesla Inc.’s recent $1.5 billion purchase. MicroStrategy Inc. boosted its convertible debt sale to buy Bitcoin by nearly half to $900 million and cut the coupon to 0%, making it virtually a straight bet on the price of the cryptocurrency.

MicroStrategy’s step is “a warning sign if there ever was one that things are getting out of hand in the crypto world,” Jeffrey Halley, a senior market analyst at Oanda Asia Pacific Pte, wrote in emailed comments.

Others take a different view, contending that demand from institutional investors and companies is set to expand, driving further gains.

“There are a number of reasons why Bitcoin is soaring, but what stands out most is the trend that MicroStrategy started and Tesla popularized: moving institutional balance sheets into Bitcoin to hedge against inflation,” said Nicholas Pelecanos, head of trading at NEM.

Activity in Bitcoin futures suggests traders don’t see a sudden end to the crypto rally, with spreads continuing to widen between the active contract and March futures, according to data compiled by Bloomberg.

Shares of Asian crypto-linked companies have advanced, too. Japan’s Monex Group Inc. jumped 11% to hit a 13-year high on Wednesday, while BC Technology Group Ltd. in Hong Kong closed at a record. Both stocks were down Thursday in Asia, though.

JPMorgan Chase & Co. strategists said Bitcoin’s volatility needs to ease to prevent its rally from fizzling. Other commentators see a mania likely to end in a bust akin to the implosion in 2017.

The digital coin’s 60-day realized volatility is around the highest since May last year, though still below the levels seen around the peak of its last boom some three years ago.

Silver and gold aren't accepted anywhere mainstream. Do you think you've made some kind of point?

if you never bought any bitcoin and are sitting on the sidelines you probably feel like a dumbass or at least you should.

suck it, im rich bitch

I have crypto, silver and gold coins. None gets me a gallon of gas. I have semi-worthless paper FRN's for that. At least they work for now.

The most precious metals you can own are a combination of copper jacketed lead - - and the parts to make it all a useful item. (Brass, Powder, primers, etc....)

Check gunbroker if you think I'm shitting you. A $20 box of small pistol primers is going for $250+ Check the price for powder. Check the price for brass. Check the price for projectiles. It'll eventually sink in to those that aren't dumb as a brick. (Not that you'll be missed.)

Good luck to those of you who didn't prepare. Sucks to be you.

Try cashing it out, retard.

I bought a fraction of Bitcoin and five Litecoins about four years ago. I had no clue what I was doing and sold the BTC after I made $600. I wish I had kept that fraction now. Still holding onto the LTC even after they crashed. We'll see how that goes.

Hold on to that LTC, it's a late mooner.
Sell when btc is 6 digits or ltc mooned out.

You post spoofy as your reponse every time because you can't be bothered to have an original though or do any research. Nope.. just post a conspiracy theory meme and call it a day.

Try cashing it out, retard.

Try cashing it out, retard.

yep and those sea shells were physical and probably still are there. Again, bitcoin has NO PHYSICAL EQUIVALENT AT ALL.

Bitcoin is like you going back to the sea shells barter time and telling the seashell seller that you take 5 seashells for NOTHING. If the seashell seller might have a strange kind of humor, he'd probably give you those 5 seashells cause he recognizes that you've used a lot of thinking-energy to come up with that scam.