Fiat money by definition has no intrinsic. BTC daily volume is over $80 billion so at the moment it’s very liquid. Any and all currencies have a bid ask spread. There is nothing that special about BTC but you do need a general understanding of currency markets or markets in general. Your questions are very basic, google it if you care to learn how markets work. BTC is not different than any other market.

I know I would need to do lots of research before dropping a dime fore one. Does the dollar have a bid and ask price?

In other words, you continue to confirm you have no clue how it works and can't be bothered to learn basic tenets of it. But keep doubling down. We are not here to keep someone from making a fool of themselves.

__________________
TC
Current stable:
- 2004 Mazda RALLYWANKEL
- 2007 Saturn sky redline
- 2004 Explorer...under surgery.

Past: 135i, GTI, 300E, 300SD, 300SD, Stealth

Yes, currencies are traded on the forex in pairs. Here is the USD/CAN pair which has a very tight spread https://www.forex.com/en-us/forex-trading/usd-cad/

Let me know when you get a chance how many are in circulation today, and how many will be in circulation tomorrow, and who regulates that. You must know. Last time I checked for giggles was 49k on the btc, last week 60k?

For BTC, about 18-19 million at the moment, and it is regulated by the algos that mine it. Total cap is 21 million. Not hard.

See you're trying to be clever but all of this is readily available information. Why have such a strong opinion on something you do not (and refuse to) understand? Active and concious ignorance, par for the course.

Conceptually, crypto is not much different than many physical assets (gold for example). Sub gold in for any of your comments and see how silly they are?

__________________
TC
Current stable:
- 2004 Mazda RALLYWANKEL
- 2007 Saturn sky redline
- 2004 Explorer...under surgery.

Past: 135i, GTI, 300E, 300SD, 300SD, Stealth

Its like investing in other countries currency. A lot influences the growth and it can pop at any given moment. Its fun to dabble in if you watch it closely.

Got a link to the 21 million cap? Then what happens when that number changes to 121 million? Then why do I have a strong opinion on something someone dreamed up that was 62K a week or two ago ad is around 47K now. You can go to Venezuela with a broom and mine their phony money.

It’s limited by the algo to 21 million and can never change.

I don’t understand why this is upsetting you but I answered because its not that different than many other types of investments.

It is not upsetting me at all. I just do not see it as a legit investment option. Say I sold a vehicle two weeks ago and accepted one BTC and didn't spend it immediately, that sixty five thousand dollar vehicle as of today would net me around forty five thousand in purchasing power. I doubt I could that day have taken it to a bank and they hand me 65K greenbacks in exchange, thats all.

Google it numbnuts. It takes less than 5 seconds. The answers to your questions are all over the place.

__________________
TC
Current stable:
- 2004 Mazda RALLYWANKEL
- 2007 Saturn sky redline
- 2004 Explorer...under surgery.

Past: 135i, GTI, 300E, 300SD, 300SD, Stealth

I am sure Colonial Pipeline thought they had an impervious system. I have lackys do that type of work.

That is how investment works. This is as far from rocket science as you can get. If you buy real estate and it loses value, what happens? dO yOu tAkE iT tO a BaNk!?!?

__________________
TC
Current stable:
- 2004 Mazda RALLYWANKEL
- 2007 Saturn sky redline
- 2004 Explorer...under surgery.

Past: 135i, GTI, 300E, 300SD, 300SD, Stealth

lol wut

__________________
TC
Current stable:
- 2004 Mazda RALLYWANKEL
- 2007 Saturn sky redline
- 2004 Explorer...under surgery.

Past: 135i, GTI, 300E, 300SD, 300SD, Stealth

Say I sold a vehicle two weeks ago and accepted one ounce of gold and didn't spend it immediately, that sixty five thousand dollar vehicle as of today would net me around forty five thousand in purchasing power. I doubt I could that day have taken it to a bank and they hand me 65K greenbacks in exchange, thats all.

You can cash out the BTC the second it hits your account or let it ride and see if it goes up or down. Entirely up to you.

I substituted gold for BTC so that may be it will make more sense to you.

__________________
Sent from an agnostic abacus

2014 C250 21,XXX my new DD ** 2013 GLK 350 18,000 Wife's new DD**

- With out god, life is everything.
- God is an ever receding pocket of scientific ignorance that's getting smaller and smaller as time moves on..." Neil DeGrasse Tyson
- You can pray for me, I'll think for you.
- When you understand why you dismiss all the other possible gods, you will understand why I dismiss yours.