I keep waiting for a dip to buy more but it will not come.

When it dips we will buy and then the government will ban bitcoin.

It's unbannable without taking down the Internet. $38,000 is a good exchange rate vs. the dollar.

The government can threaten jail time for anyone who accepts it though. Game over!

It has to meet some resistance at 40k. It has to!

I can guarantee you this, the moment I invest will be the wrong time to invest and may even crash the entire concept

HODL!

HODL!

Are you using it as currency yet?

I think the idea that any crypto will ever be used as a real currency (without government(s) removing hard currency) rather than as a store for value died when things didn't go Roger Ver's way. It's digital gold not a fiat currency.

I realize that no one studies history anymore because knowing who Aristotle and Alexander were or how Hitler rose to power doesn't help you "get a good job". But for those paying attention, parallels between the U.S. right now and Weimar Germany should be alarming.

We have various factions adopting their own flags rather than flying the stars and stripes. We are seeing the rise of warlords and various paramilitary organizations, not the least of which is Antifa which operates with tacit approval of the party in power like some modern day Freikorps.

And then there's the monetary policy. We are in the process of debasing the U.S. Dollar and it is quite possible it could eventually end up like the German Mark did in 1923 when a loaf of bread cost 2 billion marks. I had this thought the other day when my friend- who is a hedge fund manager and handles my investments as a favor- and I were going through my wife's 401(k) assets and he noted how much they had grown over the past two years. I immediately thought of Germany before the crash of the Mark when people actually believed they were rich.

I think it would be wise to borrow U.S. Dollars at the low interest rates and immediately convert them to Bitcoin. If you don't have faith in cryptocurrency, buy gold or fine art or whatever other commodities you believe may hold their value against a declining dollar.

I just hope Dennis doesn't slip into a cipher stroke as he works those actuarial tables.

You're right.
It's only a matter of time before other financial heavies come to this board looking for investors.
I'm betting that Warren buffet and the koch brothers will be signing up any minute now looking for investors in their new idea.

You should donate $1M into the Nas fund.