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Sold of My Entire Bullion Collection In Order To Purchase BitCoins
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<p>[QUOTE="Sunbird, post: 5177238, member: 116324"]This is bizarre. You can buy any dollar amount of Bitcoin you want. The price of a whole Bitcoin is irrelevant – you're not required to buy whole units. I just put a desired amount of money into Bitcoin on Coinbase last year – I didn't care about buying whole Bitcoins.</p><p><br /></p><p>What matters is whether it's a good investment at a given point in time, not whether an investor can afford to buy whole units. It's a digital currency, and easily divisible. It's so strange that someone would think buying whole units mattered.</p><p><br /></p><p>Electronic currencies are obviously the future. That's been obvious for a few years at this point, so it's strange to see people acting like it's some crazy thing they've never heard of. It's almost 2021. I don't know that Bitcoin specifically is going to be widely used in the future – I think it will be other, improved currencies like Ampleforth or Polkadot. But Bitcoin is brilliant and seems to retain its status as the father of electronic currencies, and might end up being an important reserve currency. Solving the double-spending problem the way they did was brilliant. The next step will be supporting many thousands of transactions per second, and possibly designing a gold price based currency.[/QUOTE]</p><p><br /></p>
[QUOTE="Sunbird, post: 5177238, member: 116324"]This is bizarre. You can buy any dollar amount of Bitcoin you want. The price of a whole Bitcoin is irrelevant – you're not required to buy whole units. I just put a desired amount of money into Bitcoin on Coinbase last year – I didn't care about buying whole Bitcoins. What matters is whether it's a good investment at a given point in time, not whether an investor can afford to buy whole units. It's a digital currency, and easily divisible. It's so strange that someone would think buying whole units mattered. Electronic currencies are obviously the future. That's been obvious for a few years at this point, so it's strange to see people acting like it's some crazy thing they've never heard of. It's almost 2021. I don't know that Bitcoin specifically is going to be widely used in the future – I think it will be other, improved currencies like Ampleforth or Polkadot. But Bitcoin is brilliant and seems to retain its status as the father of electronic currencies, and might end up being an important reserve currency. Solving the double-spending problem the way they did was brilliant. The next step will be supporting many thousands of transactions per second, and possibly designing a gold price based currency.[/QUOTE]
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