Just curious what other investors think. Is this just another hype deal or is this a new reality for possible rent collection? Side note, I tried to sell a house for bitcoin in 2013 with no takers or even one response.

I'd sooner rent to a convicted felon with a 400 credit score, a tattoo on his forehead and a stolen car than deal with Bitcoin.

Imagine a global currency that cannot be manipulated by a government. No one can print more of it. It is of a finite quantity. This is not standard. This is not what you have been conditioned for. This could decrease the control over the powerful and open the world up in ways unimaginable. Are you scared? You should be. Are you excited? You should be.

There is zero chance in hell I would take rent in a "currency" that can have 2X swings in a month. Who would ever think basing your business and income off of something so volatile is a good idea? In the next year the odds of it hitting $2k and $20k are about the same, I'll take a hard pass on it until it is stable

I will stick with real estate and stocks. I am an investor not a speculator. Good luck.

I have a small amount (to me) in it. I'm ok with gambling on it. Facebook starting Libra is huge for the industry.

I made decent money off a very little initial bet (into the 5 digits) on the last Bitcoin bull run. Paid my wife’s BMW off in full. Dabbled in a couple of big name ALTs before they blew up and crushed it (LTC, XRP, etc). Got very, very, lucky on those. Have a friend who made so much (mid 6 figures), he took his money out of BTC, paid his taxes, and actually invested in a local brick and mortar bank startup...ironic.

It's only a matter of time. I got into it when it was in the low hundreds and I've not seen anything perform like it in my lifeltime. Yesterday, it was over $11K. Just a few months ago it hit a recent low of $3,200. I've seen this rise and fall pattern over the past 5 years and each time it comes back stronger and higher, and every time there is more support. But never befoere has there been as much support as there is now. Right now, big institutions are getting on board, Fidelity, ICE (NYSE), Etrade, TD Ameritrade, and I also think we will see an ETF this year or early next year. We can pay bail using crypto in California, and Ohio and AZ accept it for tax payments. Houses have been purchased using it, so there are people who beleive in it's value. Not too mention all the companies that accept it for payment! Hedge funds are getting in and it has a market CAP in the hundred billions range. The biggest stock markets in Europe (Germany's 2nd largest) will offer it. There's a ton in the works from ATM machines, and other payment systems. Adoption is growing and the big institutions are jumping in It's natural for people to be afraid. Not only are we wired to fear what's new, but we also respond emotionally to things, first. Like people standing on the corner throwing eggs at cars when they passed when the first cars hit the road. Like peoples fear of the electric elevator, planes and flight, and now Bird Scooters! I doubt there will be a bank backed crypto that eventually takes over, because we ALREADY HAVE THAT!!!! Your money is just a bunch of digital numbers on a screen. If we could produce Gold, would it be worth anything? Just look at fiat currency! Also whose blockchain ledger will it use? BTC has the most support and is the leader by around 60%, there are millions of people across the planet participating in the blockchain. A bank backed, centralized currency, makes no sense nor will it provide the functions, anonymity, and security of BTC. All very rational and logical explanations, but all very wrong in my opinion. And I think that anyone who really understands BTC and Blockchain would agree with me. Remember Blockbuster Video? Shopping malls? Record stores - I worked at one as a teen in the late 90's. GONE. Banking and the financial system is going to change. Gold is manipulated (suppressed) and so is the stock market. BTC is a true free market, at least at the moment. Decentralized and private, which means people own their money and can send it anywhere in the world in seconds, for nearly free. TThey can also pick it up and move with it. Imagine buying your OOS real estate with the click of a mouse, and watching the transfer go immediately, rather than wiring money after standing in line at a bank? Block Chain will also change title and escrow. I hear the arguments, "it's not tangible, I can't touch it." And I have to ask, what about your MP3 collection and your Photos on Google Drive? What about your stocks and index funds? What about your online bank balance? There is no vault with your name on it that holds your money that someone counts and updates on the web page. It's just numbers on a screen I have heard the argument that it's used for illegal stuff.. Yeah... so is cash! The FB Libra thing is not Crypto - it's a gimmick. It's no different than paypal or Venmo. It's not a currency, it's not limited, it's not decentralized, and it's backed by fiat currency and Visa/Mastercard, and the central bank. But I believe it will help Bitcoin People might love their Big Faces and Benjamins, but anything that can be printed into infinity scares the hell out of me. I hear people - often the financial pundits, bad mouth it. But I'd like to hear them explain how it is thee best performing asset of 2019??? "What's past is prologue" and we are ever more going digital. If you are interested in BTC, buy it, hold, and don't look at the charts. Just wait. Just like Real Estate! Anything can happen,. but so far, what a ride! I believe it's just a matter of time

“if you can’t touch it you don’t own it “may sound archaic in todays society but I never had uncle Ben jump out of my back pocket or bounce on me. To me crypto ain’t much-o

Blockchain technology will slowly revolutionize the financial industry. However there is nothing unique or special about bitcoin. The only reason that it is the most expensive, is because it was the first coin and the one that people are most familiar about. As a coin itself, bitcoin is beyond terrible. The underlying code is garbage compared to other coins. This is because of the memory size for transactions and the way fees are calculated. Transactions are 'validated' by miners with powerful computers designed specifically for bitcoin. But because there is limited space on the blockchain to validate transactions, there exists a backlog of trades waiting to be executed because the trade can't be validated. The process is not a first come first served process, but rather who is willing to pay the highest fee. While trades are done relatively quickly today, and therefor the average transaction fee hovers around $2 per exchange, a few months back when bitcoin was all the rage there were too many trades for the system to handle which pushed the average transaction cost close to $40 per trade. KFC Canada accepts bitcoin, but can you imagine trying to pay for your $5 bucket of wings only to find out that you actually paid $45? The more popular bitcoin gets, the less functional it is, and therefor it will never catch on. There is nothing proprietary about blockchain technology. People can (and do) create new coins all the time. Eventually one of the big banks, will create a decent coin and due to the influence of the institution backing the coin, it will become the new standard and replace bitcoin as the king of crypto.

I am Pro: Real Estate, Gold/Silver, and Bitcoin. People like to ridicule what they don't understand, but when the government inflates the dollar away, or taxes whats hiding in your safe deposit box, or we do a bank bail-in like Cyprus did, THEN maybe some people will bother to read a few articles and learn about Bitcoin. ANd no you cant touch it, but you also cant touch your downloaded music and videos, nor the software running on your PC, yet they bring you value and you don't think twice about spending dollars for it. So lets think clearly. Lets learn about the asset class and why it was invented in the first place. And if a tenant wants to pay you in BTC, you'd be a fool not to take it. Dan Kennedy taught me one thing: make it easy for people to pay you. If a tenant wants to pay in BTC or any other crypto, you should let them. Covert it immediately to USD if you must. But dont bury your head in the sand or stay willfully ignorant.

Bitcoin is 10k again what are you going to do now?Bitcoin is 10k again what are you going to do now?

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Bitcoin is 10k again what are you going to do now?

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