Wish this dip would have waited til I get paid on Thursday!
I had it my head all month for some reason that we get paid on Tuesday. So yesterday I invested most of my left over cash for the month - which at the time I thought worked out quiet well as there was already a dip.
Turns out, as ever, we get paid on the 24th, which is of course Wednesday, meaning I should have been investing this morning instead. Catching that dip at an even better point.
Theta is now up over 17,000% in the last year... Would have been nice to catch that one!
BAT and THETA are gonna force google and Facebook to get into the crypto space in the next few years imo. Ironic they might actually be the harbingers of a social media contribution/web use based UBI.
Theta is now up over 17,000% in the last year... Would have been nice to catch that one!
BAT and THETA are gonna force google and Facebook to get into the crypto space in the next few years imo. Ironic they might actually be the harbingers of a social media contribution/web use based UBI.
They already facilitate a few coins, Theta being one of them. They may join the space more in a few years but no need to be forced, not for at least a decade. Crypto is a tiny market all things considered. In terms of users that is.
Theta is now up over 17,000% in the last year... Would have been nice to catch that one!
BAT and THETA are gonna force google and Facebook to get into the crypto space in the next few years imo. Ironic they might actually be the harbingers of a social media contribution/web use based UBI.
They already facilitate a few coins, Theta being one of them. They may join the space more in a few years but no need to be forced, not for at least a decade. Crypto is a tiny market all things considered. In terms of users that is.
I dunno, if theta and brave eat into their market share they’ll do something. When people realise they can earn money whilst basically keeping the same habits but just changing platform they’ll do it.
Theta is now up over 17,000% in the last year... Would have been nice to catch that one!
BAT and THETA are gonna force google and Facebook to get into the crypto space in the next few years imo. Ironic they might actually be the harbingers of a social media contribution/web use based UBI.
They already facilitate a few coins, Theta being one of them. They may join the space more in a few years but no need to be forced, not for at least a decade. Crypto is a tiny market all things considered. In terms of users that is.
I dunno, if theta and brave eat into their market share they’ll do something. When people realise they can earn money whilst basically keeping the same habits but just changing platform they’ll do it.
I think this will be monopolised further in future... It's only a matter of time until Google are providing free Internet worldwide. They will adopt crypto when the time is right for them, unfortunately the likes of theta will barely come into conversation for now
You can now buy a Tesla with Bitcoin. Will the 'price' of a Tesla then continuously change depending on Bitcoin's value? Will it still be tied to Fiat (i think that's the word) currency?
There's no way that Musk will just fix the price of a Tesla at two bitcoin for example is there? Too much volatility.
This is where I struggle to see the point (if I'm right and it'll still be tied to dollars and pounds).
You can now buy a Tesla with Bitcoin. Will the 'price' of a Tesla then continuously change depending on Bitcoin's value? Will it still be tied to Fiat (i think that's the word) currency?
There's no way that Musk will just fix the price of a Tesla at two bitcoin for example is there? Too much volatility.
This is where I struggle to see the point (if I'm right and it'll still be tied to dollars and pounds).
Car price is 'fixed' to at a USD amount, the amount of $BTC needed to purchase will vary.
You can now buy a Tesla with Bitcoin. Will the 'price' of a Tesla then continuously change depending on Bitcoin's value? Will it still be tied to Fiat (i think that's the word) currency?
There's no way that Musk will just fix the price of a Tesla at two bitcoin for example is there? Too much volatility.
This is where I struggle to see the point (if I'm right and it'll still be tied to dollars and pounds).
Car price is 'fixed' to at a USD amount, the amount of $BTC needed to purchase will vary.
Exactly this, was the same with my Hirst print a few weeks ago.
You can now buy a Tesla with Bitcoin. Will the 'price' of a Tesla then continuously change depending on Bitcoin's value? Will it still be tied to Fiat (i think that's the word) currency?
There's no way that Musk will just fix the price of a Tesla at two bitcoin for example is there? Too much volatility.
This is where I struggle to see the point (if I'm right and it'll still be tied to dollars and pounds).
when you buy something thats in the us - its pegged to the dollar, not sterling, you could wake up tomorrow and the dollar will be worth less for sterling or more than it was today. It's the same thing. Probably a good example is if you were buying something in the US from turkey it will change a lot - looking at the volatility of the turkish lira.
personally think from now until the end of march is a write off, price action will be choppy as quarterly futures sort themselves out with spot price. Then lift off again.
You can now buy a Tesla with Bitcoin. Will the 'price' of a Tesla then continuously change depending on Bitcoin's value? Will it still be tied to Fiat (i think that's the word) currency?
There's no way that Musk will just fix the price of a Tesla at two bitcoin for example is there? Too much volatility.
This is where I struggle to see the point (if I'm right and it'll still be tied to dollars and pounds).
when you buy something thats in the us - its pegged to the dollar, not sterling, you could wake up tomorrow and the dollar will be worth less for sterling or more than it was today. It's the same thing. Probably a good example is if you were buying something in the US from turkey it will change a lot - looking at the volatility of the turkish lira.
Gotcha. But if you're a US citizen (I think only people in the US can buy via Bitcoin at the moment) is there a benefit in purchasing in Bitcoin compared to cash?
You can now buy a Tesla with Bitcoin. Will the 'price' of a Tesla then continuously change depending on Bitcoin's value? Will it still be tied to Fiat (i think that's the word) currency?
There's no way that Musk will just fix the price of a Tesla at two bitcoin for example is there? Too much volatility.
This is where I struggle to see the point (if I'm right and it'll still be tied to dollars and pounds).
when you buy something thats in the us - its pegged to the dollar, not sterling, you could wake up tomorrow and the dollar will be worth less for sterling or more than it was today. It's the same thing. Probably a good example is if you were buying something in the US from turkey it will change a lot - looking at the volatility of the turkish lira.
Gotcha. But if you're a US citizen (I think only people in the US can buy via Bitcoin at the moment) is there a benefit in purchasing in Bitcoin compared to cash?
if you have enough bitcoin but you dont want to sell and pay capital gains then i guess thats the advantage.
Comments
Turns out, as ever, we get paid on the 24th, which is of course Wednesday, meaning I should have been investing this morning instead. Catching that dip at an even better point.
*sigh*
https://www.bbc.co.uk/news/business-56492358
You can now buy a Tesla with Bitcoin. Will the 'price' of a Tesla then continuously change depending on Bitcoin's value? Will it still be tied to Fiat (i think that's the word) currency?
There's no way that Musk will just fix the price of a Tesla at two bitcoin for example is there? Too much volatility.
This is where I struggle to see the point (if I'm right and it'll still be tied to dollars and pounds).
A Model 3 will cost 1.2 BTC today, and then 1.5 the next, and then 1 another.