bitcoin worth us dollars

in our Privacy Policy. If we have extra money and want the value to grow we invest that money in assets that have an underlying value, like real estate or machinery or companies that put assets to work making things people want. . Is Bitcoin a bubble? When tulip bulb holders realized there was nobody guaranteeing the value of their tulip bulbs, everyone wanted to sell them as fast as possible, causing a complete loss of all value. . So currencies were created to represent the value of things. . The idea is appealing at first.

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They don't see the things they trade as having stored value because they intend to spin the transaction very quickly in order to make a fast buck. . Bitcoin to a currency is like comparing lightening to a lightening bug (apologies. The stored value is dependent on someone else, beyond the current owner, determining what internet geld verdienen 2019 that person will pay for the item. After all, they aren't making more land. But over time, people acquired tulip bulbs not to plant but rather for the stored value they represented. . Even though most people don't even know what they are, Bitcoins increased in value from about 570 to more than 4,300 an astounding 750 in just the last year. .

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