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^cause you think you have an idea what's going? This is a highly speculative asset being propped up by bored Japanese traders on a margin and simpletons thinking they "know" what's going on. Sure it can go up in value as long as electricity cost makes sense for miners and there's more dumb money going in, but at the end of the day, no one can claim to understand why bitcoin should keep going up. Disclaimer: I got in at slightly over 1k just for kicks and sold off at $10-17k. This is too retarded for me
ADA NEM XRP SALT
So you can't understand how Bitcoin has value but you want to invest? Just don't. Like any investment, stay away if you don't understand or believe in it
Did it make sense at $99? $999? $14999? Nobody on here can tell you but if you do want to look into other coins id say check out XRP Monero XVG
No I don't think so.
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Thank you, IBM. I've done a lot of research and can't quite understand the intrinsic value of BTC besides scarcity and distributed ledger value. ETH seems to have some valuable real world application, but haven't seen this really translate to the price soaring. What other coins would you say are not on the FOMO train, experimental and have real viable real world application and undervalued?
TRON, ADA, XRP, IOTA, XVG
So you all would recommend staying away from BTC and investing in other coins at this stage?
Yes. But who really knows - maybe BTC hits 500k...
I can’t make sense of BTC. ETH, XRP both makes a lot of sense at current valuations imo