America's Cardroom accepts Steem now?
Wow. I have an interesting story there.
I bought a Bitcoin for $600 to buy in to that website. I didn't even play... it just sat there for years. I still had a few dollars (Bitcoin) left on Coinbase, and when Bitcoin Cash came to Coinbase I all of a sudden had $80 worth of it and I had no idea why. Didn't take me long to figure out how forks work from that point.
I could have (and seriously considered) putting that $600 into Ethereum for $5 a coin. "Smart Contracts? WTF? Nothing can compete with Bitcoin, whatever." So I held USD instead like a tool. I also thought about getting Litecoin at $5.
What do you think about Moore's law as it applies to crypto?
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|---|
| $100 | $200 | $400 | $800 | $1600 | $3200 | $6400 |
Bitcoin has consistently hit it's doubling target every year for five years. If this keeps up, it's going to be extremely easy to know when to buy/sell.
I heard a wise man once say look at the ATL each year not the ATH, that will show you where the hodlers of last resort are price wise. I tend to take a step back if something is so obvious everyone can see it, because money usually does not come that easy lol. It is hard to say where Bitcoin/cryptos will be in 5-10 years. I expect a giant flight to safety into cryptos over the coming years.