Talk of The Villages Florida - View Single Post - Anyone else preparing for a big selloff?
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Old 11-22-2024, 05:52 PM
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Originally Posted by collie1228 View Post
Just this morning I read an article in Marketwatch that the S&P500 is over valued by 25% and investors just don't care about fundamentals. How in the world can something like bitcoin, that never sold for more than 40 cents a coin in 2010 now be approaching $100K per coin? How is that even possible for something that has no "real value" (at least according to my most respected expert, Warren Buffet)? Bottom line: the markets are insane right now.
Bitcoin is just like the American dollar, the value is only in one's belief... nothing beyond that.