bitcoin

Personally to me this is one thing I consider a phase, and wonder how long this type of thing will hold up? What happens with all the people counting on this and expecting to live off this if the bottom falls out? I for one, refuse to jump in on this hype.

I was a happy Bitcoin user for the past 3 years. • Bitcoin BEFORE: cheapest and quickest fund transfers • Bitcoin NOW: highest fee and slowest fund transfers I am now using Ethereum, Dash, Litecoin and Dogecoin.

Let me share something my neice posted on Facebook today: "Translated into English from a Russian friend I chat with sometimes, very good story. "Once in the village a merchant appeared and told the residents that he would buy from them monkeys for $ 10. The villagers, seeing how many monkeys in the jungle, abandoned their plots and began to catch the monkeys. The merchant bought thousands of monkeys for 10 dollars, but the number of monkeys began to decrease and catching them became more difficult. "Then the merchant raised the reward for capturing each monkey to $ 20. And people again began to catch monkeys. Soon the food in the village became very small and the villagers began to slowly return to their fields. The trader raised the price to $ 50. However, he had to go to town on his own business and he left an assistant instead. "The assistant gathered all the villagers and offered them a deal: Look at all these cells with thousands of monkeys that you already caught. I'm ready to give them to you for only $ 35, and when the trader returns, you will sell them to him for 50 apiece! "Residents of the village thought, counted, then collected all their savings, collected debts and bought all the monkeys for 700 billion dollars. After that they never saw the merchant with the assistant. But they still had big debts and completely unnecessary monkeys. "That's all you need to know about bitcoins."

Hah! I wanna buy some condo using bitcoin too! Actually I'd rather travel the world soon. Oh my. I am going crazy over cryptocurrencies...