Just noticed I've started valuing my crypto investments mostly in Satoshi, not in fiat value. Is this good or bad?
Just noticed I've started valuing my crypto investments mostly in Satoshi, not in fiat value. Is this good or bad?
Elijah Campbell
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Levi Turner
Good
Easton Powell
I don't know can you buy food and water with satoshi? Can you pay rent? Don't go too far down the rabbit hole
Gavin Clark
it's stupid to do this. you can't buy a car, house or anything else yet with a standard bitcoin price. when you can actually buy something with bitcoin it is just calculated with its current USD price.but if your coins are doing worse for a long time then big coins like eth or btc it's smart to think about converting
Liam Russell
Good. Disregard fiat, aquire satoshi
Adrian Davis
But I have a project in sight I want to invest in for 1-2 year term, and I can't switch back to fiat unless I want to pay taxes (Europoor) for my cryptos.
Austin Smith
This, it's dumb. Bitcoin crashing doesn't make a house any more affordable, no matter how many more satoshi equivalent your shitcoins gain in comparison
Robert Campbell
the end game is to acquire as much usd as
possible so why would you measure in sats
Dylan Myers
>crashing
So it's just your guess agains mine, I'll take those odds.
Parker Torres
holy FUCK if you think this is the end-game please get the FUCK out of crypto
fucking December 2017ers
Aaron Martin
im in since january 2017
Joshua Jones
FROM A TAX PERSPECTIVE,
THE GOAL IS TO GAIN SATOSHI AND "LOSE" FIAT VALUE ON EVERY TRADE
William Smith
if you think bitcoin is going to be the world currency or something like an an gold standard you are the retard here
Grayson Rodriguez
only digital currency will be left so ye if u plan for a few years
Bentley Diaz
LOL what? All I'm saying is its stupid to value something only by comparison to something else that is so unstable. It has nothing to do with what bitcoin actually does
If I have 1 ETH, valued at .1 BTC, I can buy a new computer with it.
If bitcoin crashes and now my 1 ETH is worth 1 BTC, I can still only buy that same computer with it
If bitcoin surges and my 1 ETH is now .001 BTC, I can still only buy that same computer with it
And if we make it to a future where everything is priced in BTC, you'd better believe that those prices are going to be fluid as all hell
Owen Nguyen
Good. Satoshis are a good form of money. Plus, you know the max:
2,099,999,976,690,000 (2.1 QUADRILLION) satoshis and they're very cheap. Smart decision!
Nicholas Stewart
I have absolutely no idea what you're on about.
My guess is good as anyones, but I believe we'll not see btc dropping below 7000usd again, but ofc everything's possible.
Where did I say we'd have a future where I could go to a market and pay with a btc? Please quote that. And I don't need to buy a new computer with my cryptos, not for a couple of years anyway.
Tyler Ortiz
Yeah, that's what XLM is for
Kayden Peterson
What the fuck is a Satoshi? What's it's ticker?
Noah Davis
Thomas Stewart
Good idea. That way you can pretend like you haven't lost everything when BTC crashes to sub 2k territory.
Joshua Watson
Man can hope. Don't swing trade, rather hodl.
Landon Parker
It means you're learning and leaving newfaggotry behind
Juan Bennett
That still makes you a tremendous newfaggot