Nebell
2[H]4U
- Joined
- Jul 20, 2015
- Messages
- 2,380
Note, this is not BMW themselves accepting Bitcoin but a dealer.
What do you think about this?
Say you take 7-8 Bitcoin for a 5-series BMW. 8 Bitcoin is currently about $52.000. But if it goes back to its ATH, that would be $150.000 per car.
It's nice that Bitcoin is slowly but surely getting more and more adoption. Still, most people see crypto as gaining profit instead of the technology.
Sure the risk is there to lose money, but the reward is much greater making the risk worth it.
As my favorite analyst says, we cannot predict future, only calculate the probability, and currently, the risk in Bitcoin is so low and the reward so high that it would be too stupid to ignore.
What do you think about this?
Say you take 7-8 Bitcoin for a 5-series BMW. 8 Bitcoin is currently about $52.000. But if it goes back to its ATH, that would be $150.000 per car.
It's nice that Bitcoin is slowly but surely getting more and more adoption. Still, most people see crypto as gaining profit instead of the technology.
Sure the risk is there to lose money, but the reward is much greater making the risk worth it.
As my favorite analyst says, we cannot predict future, only calculate the probability, and currently, the risk in Bitcoin is so low and the reward so high that it would be too stupid to ignore.