I bought 100,000 dollars worth of BITCOIN this morning. | |
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Anonymous Coward User ID: 8280943 Australia 01/26/2022 11:42 PM Report Abusive Post Report Copyright Violation | very nice, but would be nice to know what physical asset backs bitcoin. Gold or assett back cryptos way to go. Bitcoin has lost 40% value over last few days, Physical gold, not eft, always stands up. Good luck with your investment, but dont cry your loss when it collapses because it is like the US dollar, backed by nothing other than good will. I brought bitcoin at $80 per coin, and its only for fun, I know that it will die eventually and be worthless. Quoting: Anonymous Coward 81135185 dont get tricked by fake backing. "backed" just means they "say" that it is backed and here "have some paperwork to prove it". just last month some guys got busted pretending there funcoins were backed by USA dollars. they didn't have anywhere near enough dollars. |