Forum Discussion
BirdDog
8 years agoAssistant Professor
Bitcoin....come on.....really
Isn't it like Monopoly money? Basically only worth what someone is willing to value it at. So, I want to sell an iPad at 1000 bitcoins and some idiot is willing to pay that amount then a sale is ...
GabeU
8 years agoDistinguished Professor IV
Yep, that bottom is falling out. I pity anyone who was ignorant enough to buy into it, thinking it would continue to rise, and you just know there are people out there who did just that.
Kind of like all those people who invested in gold when it was getting really high a few years back. We see what happened with that.
Whenever anything rises greatly in value very quickly, like Bitcoin and gold did, it WILL come back down. It always does.
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