The funny thing is they have all been declining. But this is a very wide topic and definitely needs some research on your own. Then you will know the actual essence of bitcoin, which again, im willing to discuss elaborately. If u wanna buy bitcoin u can buy it from an exchange or changelly etc. Where it is housed? Well u can store it in your exchange wallet, just dont use api cuz api hacks are common, or u can store it in a cold wallet. It can be hacked if u keep it in exchanges, but if u keep it in cold wallets no one can hack it. Bitcoin network cannot be hacked. The security is impeccable. Bitcoin doesnt pay u interests or anything. But its value will always go up with adoption. For now bitcoin is just a store of value like gold. Theres scalability issues that needs to be solved. About insurance, given the current scenario, when markets crash all your insurance will be gone. Claims will be rejected. Research what happened in 2008. The question is, can we trust the central banks and the governments who are constantly striving for total control? Cashless economy is the biggest threat to economy, we need bitcoin.
What happens to Bitcoin once new crypto currencies like the one google is intendending to implement gets put into place and the market becomes oversaturated?
1. The one facebook and google are trying to bring our arent cryptocurrency 2. what they are introducing will be stable coins 3. The governments wont let it happen
Can you not suckle on the teets of your crypto god and stop being condescending long enough to undersrand when people are making jokes or being sarcastic? Bitcoin is not a personality trait, you uncultured Thneed.
It's better than making a whole new thread to share what I wanted to share, especially since the making-fun-of-Bitcoiners is on topic. 🤧
Lol. You dont sell your bitcoins. If u started buying bitcoins at the peak of $20k and bought the same amount every month like SIP until today, You would have doubled your money. Also 1 bitcoin = 1 bitcoin