[stack]

1 bitcoin is worth over 210,000 NOK (around 21,560 USD) and it increases in price because of interest if you keep it in the bank or whatever.
Gold increases in price too but 1 ounce is worth less than a bitcoin.
It would be better to buy 1 bitcoin instead of gold in my opinion.

You just lost $4500...

[Алёна]

1 bitcoin is worth over 210,000 NOK (around 21,560 USD) and it increases in price because of interest if you keep it in the bank or whatever.
Gold increases in price too but 1 ounce is worth less than a bitcoin.
It would be better to buy 1 bitcoin instead of gold in my opinion.

You just lost $4500...

For my parents who bought like 0.0005 bitcoin (or something) they actually earned money slowly.
Also, my info is outdated sorry.

[Drantanborg]

Bitcoin seems to be not in a good shape nowadays. What do you think of that? Is it a good time to invest in cryptos or is it better to wait some time to see what will happen to them?

[Rushy]

Bitcoin seems to be not in a good shape nowadays. What do you think of that? Is it a good time to invest in cryptos or is it better to wait some time to see what will happen to them?

In what way is Bitcoin "not in a good shape nowadays"? It's been well over a decade since Bitcoin was released to the public and it's (mostly) the same as it has ever been. The crypto market is more robust than ever, despite the ongoing attacks by media outlets.

If you're referring to the FTX debacle, that was only one exchange that taught new players a very important lesson: don't trust centralized authorities.

[stack]

BTC seems to be doing ok. No better, no worse than anything else really. I mean if you bought in late 2020 and held, you would have doubled your money today...

[Rushy]

It seems we're being repeatedly targeted by spambots gluing themselves to the "bitcoin" keyword and advertising "exchanges". Please report anyone in this thread or others advertising exchanges and be careful not to click any links related to cryptocurrency advertisements. There have now been at least two time I'm aware of that a bot has attempted to spam in this thread.

Note that "Bitcoin seems to be not in a good shape nowadays" has been the common theme so far.

[Pete Svarrior]

Their usual pattern of behaviour is to create an innocuous post and edit it some time after the fact to evade detection; this is particularly effective in active threads.

I deleted the "Drantanborg" account above before it had a chance to edit, but clearly failed to delete the post itself. Feel free to be trigger-happy with reporting if a brand new account is acting suspicious.

[Алёна]

@Rushy
If I buy 1 bitcoin and wait 9 years, what would my bitcoin be worth?

[Rushy]

@Rushy
If I buy 1 bitcoin and wait 9 years, what would my bitcoin be worth?

1 bitcoin

[Алёна]

Alright, smartass. What I actually mean is what would my Bitcoin be worth in Dollars ($$$) or Norwegian Krone (NOK)?

[Rushy]

Alright, smartass. What I actually mean is what would my Bitcoin be worth in Dollars ($$$) or Norwegian Krone (NOK)?

If I could predict the financial future of commodities and currencies with such great accuracy as to answer your question then I wouldn't be here to answer it in the first place. I'd be busy banging 69 chicks at the same time on my 420 billion dollar superyacht.

[Rushy]

From their high of over $1,100 they are now worth about half of that. I hope you haven't put too much of your savings into them.

lol

Bitcoin hits fresh record, races toward $100,000 as rally continues

https://www.cnbc.com/2024/11/21/crypto-market.html