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Hokie1744

Joined: 06/01/2003 Posts: 808
Likes: 90


Yes and more than likely Yes.


I kick myself for not getting involved earlier since I had read about Bitcoin early on. I don't know where Bitcoin is going long term but I believe the whole crypto-currency market is the way of the future. Short term over the next 5 years Bitcoin has plenty of room to keep growing. (if you don't believe me read the link to John McAfee). He is extreme and I think you could probably drop a zero off his projected number which would still be amazing returns. It seems like more and more average people are now talking about it. And when you decide to jump on board you will see there are very few user friendly exchanges out there. Coinbase is probably the easiest to use. Also Gemini and Kraken are good and still user friendly. But you pay more for the convenience and user friendliest.

Long term over the next decade or beyond Bitcoin has flaws that are driving up the transaction fees where I think it will be hard to use as an actual currency. But the thought is it will be a storage of value like Gold is and if so it will be just fine. And more than likely one of the coins from recent forks or upcoming forks will become the one that is used more like currency. Or it could be another currency altogether that acts that way. Invest only what you can afford to lose like any investment. Bitcoin just has more risk.

(In response to this post by BRVT)

Link: John McAfee will eat his own d*** if Bitcoin doesn't surpass $500K in 2020


Posted: 11/01/2017 at 2:54PM



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Current Thread:
  Yes and more than likely Yes. -- Hokie1744 11/01/2017 2:54PM
  Buying weed seeds? ** -- Guy LeDouche 11/01/2017 2:09PM
  Hookers and blow ** -- BRVT 11/01/2017 2:12PM
  Bulab either bought or mined them several years ago -- Manbearpig 11/01/2017 2:01PM
  YES! .... Until they're NOT ** -- DonHo-kieHi 11/01/2017 12:48PM
  Your coworker is an idiot ** -- vtbones 11/01/2017 12:50PM
  So do you guys share a cubicle? ** -- 48zip 11/01/2017 1:32PM
  Why do you say that? ** -- VTHokie2000 11/01/2017 12:56PM
  No and no. Next question. ** -- CPRVHokie 11/01/2017 12:21PM
  Probably in the same way that Google or Apple are -- Beerman 11/01/2017 12:04PM
  Paging bulab! ☺ ** -- Major Kong 11/01/2017 12:03PM
  Sticking with Galactic Credits --------> ** -- JoesterVT 11/01/2017 12:02PM
  "I bet 400 quatloos on the newcomer" ** -- Brown Water 11/01/2017 11:50AM
  I don't know about that -- Monk of McBride 11/01/2017 12:58PM

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