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S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
57,116.90
(
-2.02%
)
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Nebuchadnezzar

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Nebuchadnezzar

Re: trader8442 post# 16873

Tuesday, 03/16/2021 10:37:30 AM

Tuesday, March 16, 2021 10:37:30 AM

Post# of 141367
bitcoin has no assets, no cash flows, no revenues, no buybacks, no trademarks, no patents. it is literally like buying a jar of air from a game Michael Jordan played in.

it has NO TANGIBLE VALUE. it might be referenced as DIGITAL GOLD, but you can't hack GOLD ;) nor can you hold a bitcoin or any other crypto in your hands. it is a DIGITAL PET ROCK and is not going to replace the US dollar as it is DENOMINATED in fiat currency

it is the GREATER FOOL THEORY on steroids

i love stocks over any asset class because of liquidity, ownership, human capital, assets, and everything mentioned above.

$AMC is something special right now imo

sorry for the edits

"I AM THE ROCKS OF THE ETERNAL SHORE, CRASH UPON ME AND BE BROKEN."

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