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Bitcoin $80,000

Elliott said:
Y'know I didn't mention when Costco went over $900.

I was curious today and the earth has a net worth of $5,000 Trillion. Bitcoin has a cap value (I think) of about $1 Trillion. But regardless of its change in value, what 'real' jobs does it create and how is it more efficient than a Visa card? And with regulation it will have no secrecy.
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Long time COST holder and very happy
 
Vermonter said:
Long time COST holder and very happy
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I'm surprise Costco stock doing so well.
I'd been an original Costco member and been loyal to their excellent service.
Their profit margin is low and surprise they are making money. I should have bought Costco stocks.
The companies I patronized had their stock prices gone up in the long run.
 
Fernando said:
Don't understand Trump's support for Bitcoin. US Dollar needs to be world currency.
Bitcoin is a Threat to the US Dollar.
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There's probably a lot you don't understand my good man.
 
Fernando said:
Common sense. If don't put money in US dollar, Gold and Bitcoin divert funds from US dollars.
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IMO - any currency that can be manipulated is a poor choice for a standard. That was deftly demonstrated by the current administration's monetary policies. Gold is (for the most part) a static commodity. Much better choice for a store of value. I've lost about 20% due to inflation just this year with my dollar holdings.
 
alebrewer said:
IMO - any currency that can be manipulated is a poor choice for a standard. That was deftly demonstrated by the current administration's monetary policies. Gold is (for the most part) a static commodity. Much better choice for a store of value. I've lost about 20% due to inflation just this year with my dollar holdings.
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When US Dollar is supreme, it benefits US even if they can manipulate to its advantage.
 
Fernando said:
I'm surprise Costco stock doing so well.
I'd been an original Costco member and been loyal to their excellent service.
Their profit margin is low and surprise they are making money. I should have bought Costco stocks.
The companies I patronized had their stock prices gone up in the long run.
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They make their money on the membership and they just increased it again, added scanners at the door and won't let secondaries shop without one
 
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