Row 61253

Row ID: 61253 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 61253 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Crypto is only about the price you buy and the price you sell. Any given coin doesn't necessarily generate wealth over time so doesn't necessarily go up in value.

By right asset, do you mean a wealth generating asset? Because then time does matter. Time means more wealth.

Bitcoins price is a function of buyer interest. That can go up in time. It can go down in time. The only thing that matters is selling when there is high interest and you can never know when that peak is. We hope it's in the future. But it could already be in the past.

This is fundamentally different to a wealth generating asset. I bought a stock ten years ago that pays me ten percent. So I already have my money back. I will patiently accept the continued payouts for the rest of my life. Until I die or the company does.

I could hold my bitcoin until I retire in my 60s. This is likely when a large community of crypto buyers will also start switching their buys to sells.

Patience and time means nothing if there aren't enough buyers to support that price. We all want to sell and the price drops, perhaps plummets if everyone starts to panic. Could really ruin our plans.

I don't think that will happen. I just use it to point out the difference in asset class.

FieldValue
text Crypto is only about the price you buy and the price you sell. Any given coin doesn't necessarily generate wealth over time so doesn't necessarily go up in value. By right asset, do you mean a wealth generating asset? Because then time does matter. Time means more wealth. Bitcoins price is a function of buyer interest. That can go up in time. It can go down in time. The only thing that matters is selling when there is high interest and you can never know when that peak is. We hope it's …
label r/cryptomarkets
dataType comment
communityName r/CryptoMarkets
datetime 2024-05-23
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url_encoded Z0FBQUFBQm5Lak9wa1JmS0k3R25vVGRyTHZFdk56Z3NFVko3MjI5UDM5cTNFdXhMczE2cjFwY3c2Ml9lX0U3OGpsS3VOTVc3TXo0OG9VYUQ2b2tUeG9BQVdCM3N4RV95Xy12Q2xmazIwaDZhVG5sVjB6dzZjSFdVQ0xwUTFGN3dTVkxpbVpQQkxCOWxaUmE0SElDLUo0eXBNV3kyb1RKNkdPQmFOT2gxNnozS0JYLVRubmhyZ1JYM21hRVV0QzV2bDFnc2FSQ1ZFbWR6SmFaZUsySHUzSU9GTm1KNTdmVVJHUT09

Raw Record

{
  "text": "Crypto is only about the price you buy and the price you sell.  Any given coin doesn't necessarily generate wealth over time so doesn't necessarily go up in value.\n\nBy right asset, do you mean a wealth generating asset?  Because then time does matter.  Time means more wealth.\n\nBitcoins price is a function of buyer interest.  That can go up in time.  It can go down in time.  The only thing that matters is selling when there is high interest and you can never know when that peak is.  We hope it's in the future.  But it could already be in the past.\n\nThis is fundamentally different to a wealth generating asset.  I bought a stock ten years ago that pays me ten percent.  So I already have my money back.  I will patiently accept the continued payouts for the rest of my life.  Until I die or the company does.  \n\nI could hold my bitcoin until I retire in my 60s.  This is likely when a large community of crypto buyers will also start switching their buys to sells.  \n\nPatience and time means nothing if there aren't enough buyers to support that price.   We all want to sell and the price drops, perhaps plummets if everyone starts to panic.  Could really ruin our plans.\n\nI don't think that will happen.  I just use it to point out the difference in asset class.",
  "label": "r/cryptomarkets",
  "dataType": "comment",
  "communityName": "r/CryptoMarkets",
  "datetime": "2024-05-23",
  "username_encoded": "Z0FBQUFBQm5Lak1aUTNtN3prTkVESU15ZTRDcTNtV2poSGY5NWR3eW55RGFHbTJ0UFNQRjBlY1laSXRWVWsyanczUjVZU25SLTNnTl9TTnpzWmhRVnpHQk91c0ZtV2pzVWc9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak9wa1JmS0k3R25vVGRyTHZFdk56Z3NFVko3MjI5UDM5cTNFdXhMczE2cjFwY3c2Ml9lX0U3OGpsS3VOTVc3TXo0OG9VYUQ2b2tUeG9BQVdCM3N4RV95Xy12Q2xmazIwaDZhVG5sVjB6dzZjSFdVQ0xwUTFGN3dTVkxpbVpQQkxCOWxaUmE0SElDLUo0eXBNV3kyb1RKNkdPQmFOT2gxNnozS0JYLVRubmhyZ1JYM21hRVV0QzV2bDFnc2FSQ1ZFbWR6SmFaZUsySHUzSU9GTm1KNTdmVVJHUT09"
}
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