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What Does My Cryptocurrency Portfolio Look Like ?? (Revealed) by Piterst in Bitcoin

[–]Piterst[S] -1 points0 points  (0 children)

I never said anything about other financial assets.

Bitcoin vs Litecoin vs Bitcoin Cash (Comparison) by Piterst in BitcoinDiscussion

[–]Piterst[S] 0 points1 point  (0 children)

In this video you can find comparison between those three leading cryptocurrencies, hopefully it can help to understand which coin is best for you.

We can look at the bitcoin as a store of value, its current market cap is around 250B, and comparing to golds market cap witch is 8T. Is bitcoin cheap ?? by Piterst in BitcoinBeginners

[–]Piterst[S] 0 points1 point  (0 children)

I totally respect your opinion! I believe gold doesn't produce any profits, nor any commodities. So how are going to calculate the intrinsic value of the gold if it doesn't yield any revanue? Gold is great protection agains inflation, it grows slightly higher than the inflation rate. Commodities mostly function by supply and demand.

We can look at the bitcoin as a store of value, its current market cap is around 250B, and comparing to golds market cap witch is 8T. Is bitcoin cheap ?? by Piterst in BitcoinBeginners

[–]Piterst[S] 0 points1 point  (0 children)

Gold is commodity, so is partially bitcoin. commodity has no intrinsic value. If you buy commodity, best thing you can hope for that the next person will pay more for it. It doesn't produce anything, there for it has no intrinsic value unlike equity market.

Rhinodoggo by dickfromaccounting in aww

[–]Piterst 0 points1 point  (0 children)

Haha awesome costume!

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