Bitcoin

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pet-els
Posts: 2153
Joined: Wed Dec 05, 2012 10:16 pm

Bitcoin

Post by pet-els »

Want to know about *BITCOIN*?





A lot of monkeys lived near a village.



One day a merchant came to the village to buy these monkeys!



He announced that he will buy the monkeys @ $100 each.



The villagers thought that this man is mad.



They thought how can somebody buy stray monkeys at $100 each?🤔



Still, some people caught some monkeys and gave it to this merchant and he gave $100 for each monkey.



This news spread like wildfire and people caught monkeys and sold it to the merchant.



After a few days, the merchant announced that he will buy monkeys @ 200 each.



The lazy villagers also ran around to catch the remaining monkeys!



They sold the remaining monkeys @ 200 each.



Then the merchant announced that he will buy monkeys @ 500 each!




The villagers start to lose sleep! ... They caught six or seven monkeys, which was all that was left and got 500 each.



The villagers were waiting anxiously for the next announcement.🙄



Then the merchant announced that he is going home for a week. And when he returns, he will buy monkeys @ 1000 each!



He asked his employee to take care of the monkeys he bought. He was alone taking care of all the monkeys in a cage.🤠



The merchant went home.



The villagers were very sad as there were no more monkeys left for them to sell it at $1000 each.☹️



Then the employee told them that he will sell some monkeys @ 700 each secretly.



This news spread like fire. Since the merchant buys monkey @ 1000 each, there is a 300 profit for each monkey.



The next day, villagers made a queue near the monkey cage.🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑



The employee sold all the monkeys at 700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys!




The villagers took care of their monkeys & waited for the merchant to return.



But nobody came! ... Then they ran to the employee...🤠



But he has already left too !



The villagers then realised that they have bought the useless stray monkeys @ 700 each and unable to sell them!

The Bitcoin will be the next monkey business




It will make a lot of people bankrupt and a few people filthy rich in this monkey business.



That's how it will work🤣+ :shock: :shock: :shock:

PeterH
PeterH
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Vik351
Posts: 1230
Joined: Sat Aug 05, 2017 3:50 pm
Location: Adelaide SA

Re: Bitcoin

Post by Vik351 »

Merk 4x4 VF30 519 CDI 2020 LWB V6TD 3 ltr 6 wheeler ,Tenorite Grey ... yep, it's not white ...!!! 8-)
Shirley
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Re: Bitcoin

Post by Shirley »

Bitcoin has already made many filthy rich.
Shirley & Bruce.
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jon_d
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Location: bedford
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Re: Bitcoin

Post by jon_d »

This is true.

A mate a work sold his 3 or 4 coins for about $70000 before xmas.

He had them for years.

He also bought a coffee with bitcoin about some years ago. The app sjows hom that it was worth $250 in yodays money.
Izabarack
Posts: 169
Joined: Wed Dec 05, 2012 4:28 pm

Re: Bitcoin

Post by Izabarack »

Family member bought his first Bitcoin for AU $1.80. BTC is about AU$64,000 today. But if anyone wants to start using Crypto as a currency to buy and sell, Binance has issued BNB on Visa cards. You can use it on PayPal for example, and more outlets are accepting Coin for payment. Transaction cost in the region of AU$ 0.06. Crypto as investment or a Store-of-Value is still dodgy as the volatility is so unpredictability. If you want to use Crypto to buy products or services, easy enough to roll in and out of a Fiat currency, like Singapore $, and only put your preferred coin on the Visa card just before you use it.

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