Comments by "" (@Green__one) on "The Crypto Crash - Let's Talk" video.

  1. I got just about 11 cents worth of bitcoin about 11 or 12 years ago for free. A few years ago I sold $1,000 of it, a year later I sold $1,000 more of it, the remainder peaked in value at about 4,500 back in December, it's now worth closer to 1500. I still think I'll hold on to it, after all it didn't cost me anything in the first place, and I've already gotten a free $2,000 out of it. If it goes back up, I'll probably sell another thousand when it hits 5000. I have to agree though about the underlying value, that free Bitcoin is all I hold, and I'm not willing to put my own money into it. Bitcoin is lousy as a currency, for multiple reasons, the extreme value fluctuations, the long transaction times, and the high transaction fees. I know some other cryptos have addressed some of these concerns, but with nothing backing them, it's still pretty risky. There's also the computational aspect, every one of these coins is just one security flaw or one computational breakthrough away from being completely 100% worthless.
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