The big question I have, is he has always been a real silver guy. Preaching about, you know, silver is his big game. And now, he's gonna throw it all away for Bitcoin. I don't know
I'd say Bitcoin is close to the top. Stocks too. Where you gonna put the money then? I'd go for cash or government bonds, then buy a good global stock index and gold AFTER the coming crash.
Kiyosaki is a shill. He's full of it. I think bitcoin will rise in value because corporations and governments are buying it on credit, and if countries start making it a reserve it will become very scarce... problem is, who will care. Personally, I only trade, but I did choose precious metals over bitcoin in 2012 ... that was stupid!!!
The market took a hit today on tech news, and the numbers just came out on home sales, worst in 30 years. The bubble is bursting and I think it will take bitcoin with it. The reason I think that is because a lot of people are holding it for speculation and as the economy goes south they’ll need the cash. I think cash is king at the moment. In the beginning, I had a guy try to buy something from me that cost me $300 for 1,840 bitcoins. Bitcoin was a buck then. I didn’t take it because I thought it was BS. That’s $184 million today. 😭 So don’t rely on my prognostications.
Like I said the other day, BTC is a currency in direct competition with government fiat. If it goes up, it's only in relation to the USD. hard assets like and land and PMs correlate positively with BTC.
Couldn't agree more. I saw that video too, and it was very out of line with what he taught for many many years. I even noticed on the comments many people thought it was a doctored up video by AI. I did notice that he used more foul language than I had ever heard him use. Like you are saying, why would you possibly want to trade a stable hard asset for bitcoin at it's highest price ever? Very strange.
Bitcoin is the only commodity on earth with a completely inelastic supply. Everything else in the world can see supply increases as demand increases. Do the math here. Could the bitcoin/USD exchange rate fall a bit? Yes, it can. But if the whole world decided to pull their heads out of their bums and start thinking rationally could the price of bitcoin shoot up over a million USD? Yes, it can.
If you are going to call me a “Boomer” I’ll remove your comment. I’m Generation X.
The big question I have, is he has always been a real silver guy. Preaching about, you know, silver is his big game.
And now, he's gonna throw it all away for Bitcoin. I don't know
Metal is always going to be Metal .. I should have bought it when it first came out but who knew ..
I can see owning some but he’s going all in.
I'd say Bitcoin is close to the top. Stocks too. Where you gonna put the money then? I'd go for cash or government bonds, then buy a good global stock index and gold AFTER the coming crash.
Kiyosaki is a shill. He's full of it. I think bitcoin will rise in value because corporations and governments are buying it on credit, and if countries start making it a reserve it will become very scarce... problem is, who will care. Personally, I only trade, but I did choose precious metals over bitcoin in 2012 ... that was stupid!!!
Read the Bitcoin standard👍
The market took a hit today on tech news, and the numbers just came out on home sales, worst in 30 years. The bubble is bursting and I think it will take bitcoin with it. The reason I think that is because a lot of people are holding it for speculation and as the economy goes south they’ll need the cash. I think cash is king at the moment.
In the beginning, I had a guy try to buy something from me that cost me $300 for 1,840 bitcoins. Bitcoin was a buck then. I didn’t take it because I thought it was BS. That’s $184 million today. 😭 So don’t rely on my prognostications.
I couldn’t handle that much money. Id end up on a hill somewhere meditating in a tent with 50 cats.
@@seller559 😂
All these virtual coins are rat traps, I wouldn't trade the little silver i have for Bitcoin.
I’ll keep my chickens.
@seller559 Chickens 🐔 are a better investment than Bitcoin, have you seen the price of eggs 🥚 😆
I don't listen to that guy anymore. Great Video.
Like I said a while back if bitcoin has any correlation it's with debt. If it can hit a million it will hit 3 million. Who wants to gamble. 😂
I’ll stay on the side lines…
Like I said the other day, BTC is a currency in direct competition with government fiat. If it goes up, it's only in relation to the USD. hard assets like and land and PMs correlate positively with BTC.
Couldn't agree more. I saw that video too, and it was very out of line with what he taught for many many years. I even noticed on the comments many people thought it was a doctored up video by AI. I did notice that he used more foul language than I had ever heard him use. Like you are saying, why would you possibly want to trade a stable hard asset for bitcoin at it's highest price ever? Very strange.
I can see if say a percentage of your capital was invested just to spread it around but he was all in. At the end of the day he’s a good salesman.
Resources are not mutually exclusive. I own a car and a motorcycle. They both can serve a similar purpose yet are very different.
@@EvilE22 Great comment 👍
He is just saying that so more people buy bitcoin. Blackrock invested hugely in Bitcoin recently and that's where I draw the line. Something Stinks.
Good point.
Bitcoin is the only commodity on earth with a completely inelastic supply. Everything else in the world can see supply increases as demand increases. Do the math here. Could the bitcoin/USD exchange rate fall a bit? Yes, it can. But if the whole world decided to pull their heads out of their bums and start thinking rationally could the price of bitcoin shoot up over a million USD? Yes, it can.
Computers require silver, cannot transfer a bitcoin without a computer. Cannot make a computer without silver.
Robert owns silver mines
I don't want to live on this planet anymore
10 years from now bitcoin will be 3 mil - 45 mil
Silver wil be 50 bucks and gold will be 3500
Good choice. Silver is dead.
@@GiacomoRavioli how is silver dead?