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Vegas Matt

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Vegas Matt

Re: towerclimber92 post# 50443

Saturday, 04/04/2015 12:38:44 PM

Saturday, April 04, 2015 12:38:44 PM

Post# of 73707
Agree great long-term for BYSD and Bitcoin
That's why I own both :)

I am not looking at this for just a month or so,
but for years.

There are a limited number of bitcoins that can ever be mined - around 21 million. This is for the entire planet.

If this become widely adopted, and you have even 1 billion people out of 7 billion that we have currently using bitcoin - well you can see that the value of bitcoin would jump to thousands, if not tens of thousands of dollars.

GLTA longs

BITCOIN FAQ

the total BTC in circulation will always be slightly below 21 million
https://en.bitcoin.it/wiki/FAQ

Diversify. We invest to make profits. You need to take profits when you have large spikes in stocks, especially if you are up over 100%.
At least sell half, and ride some free shares.
Have some stocks, EM, bonds, real estate, etc.

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