Well if we look at the future for everything. Prices would not make sense. We need to look at the moment. It's like saying, Let me buy that iPhone 6 for $500 (originally $1000) since price will go down in the future when I use it. LolSector said:The price for Bitcoin is rising due to Greece's veto of the international bailout. Therefore, I would like no less than $14.00 as the price is going to be going up and up.
@"Rey" @"-Ocean-"
Incorrect. An iPhone (and what you're referring to in general) is a good that depreciates over time. Cryptocurrency is an entirely different story. Bitcoin is not a good that depreciates in value over time. It holds its value depending on the market.-Ocean- said:Well if we look at the future for everything. Prices would not make sense. We need to look at the moment. It's like saying, Let me buy that iPhone 6 for $500 (originally $1000) since price will go down in the future when I use it. Lol
in 1950's: let me buy those baseball cards so in 50 years theyll be worth $1000 lmao-Ocean- said:Well if we look at the future for everything. Prices would not make sense. We need to look at the moment. It's like saying, Let me buy that iPhone 6 for $500 (originally $1000) since price will go down in the future when I use it. Lol
Well, you could take it to depreciate or appreciate, depending on the way you think of it.Sector said:Incorrect. An iPhone (and what you're referring to in general) is a good that depreciates over time. Cryptocurrency is an entirely different story. Bitcoin is not a good that depreciates in value over time. It holds its value depending on the market.