Bitcoin Forum

The way Bitcoin is going, $1000 to $20,000 and then to $6,500 and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

I will come back to Bitcoin after 2 to 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $600.

If you come back to bitcoin in 5 years you most likely won’t even be able to afford to buy 0.05 bitcoin’s. With the next halving in 2020 plus the gradual increase in price due to new adopters if you’re leaving now you moght as well stay away because you’ll be kicking yourself.

I bought 10- BTC for 15 000. And now I want to sell only on 10 000. Be aware

Why sell at a loss, can’t you wait 12 - 18 months & see what happens? I’m certain you’ll be in profit by then.

I'm sure bitcoin will still be there and I'm also sure you'll come back for the price of Bitcoin over sports car.

Maybe I don't understand him well enough but I think he is saying that he bought them for $15,000 in total (when the price was $1,500 last year) and wants to sell only when the price of each bitcoin is $10,000.

How much profit will he get if he sells 1 Bitcoin for $18,000 after 2 years ? Silver can be $60/ounce after 2 years from Syria and middle east situation. Now Silver is $17/ounce. 28 Israeli fighter jets fired missiles on Iranian targets in Syria yesterday. That's big.

Look at all the other investments

See y'all. You won't be back other than to express your bitterness. Just another piece of roadkill on the highway. have you not learnt a lesson or two along the way?

LOL.
Oh boy this is the worst attempt of trolling or fear mongering I have ever seen here.
Do you own any Bitcoin? If so, have you sold when you think going south is the only direction? Or even better? Have you opened a short if you are so convinced about that?
I'm pretty sure you're just talking and therefore you don't have the balls to put your money where your mouth is.

In 5 years from now on, that's my prediction, we will be close to the 2024 halving and already above $50k per Bitcoin! I'm conservative here!
And have I put my money where my mouth is? Damn yes! I'm long! And not a small amount of money.

Furthermore it seems to me very obvious that you did not even understand the simplest basics of Bitcoin or you haven studied them deep enough and why it will be so powerful within the next 5-10 years. If you would you wouldn't have made such a dumb comment.

Buy 1 bitcoin for $3,000 ?? Are you 12 years old ?? I will get 1 acre land for $8,000 worldwide. My buy price for Bitcoin is $600.

Well said, at present 2020 is the most expected year for bitcoin. By the time a massive growth is expected to be achieved by bitcoin. If Op has made an investment five years back and now if he had came back he could have got astonished looking at the growth. As the demand keeps on increasing with decreasing supply the growth will be big in the falling years.

Why bother to comeback?besides 'no ones gonna miss you'better stay away forever trust me we will be happy without persons like youre kind lol.

And if you wanna go theres no need to make farewell thread,you dont have any value in cryptoworld mate,but dont ever forget this 'bitcoin will grow bigger than you even think'but the sad thing youre not there to notice ,because you are a weak person.

Good call, regardless of your intention or feelings right now. I'm sure you'll be so happy to be proven wrong after five years when Bitcoin should be at least several times the value of today. You'd probably be better off than the majority of traders or speculators, I'd say. You'd get five years of quality time to work on your life and do your own thing, and come back after five years to enjoy a well-deserved bonus.

Trust me though, you'll want to come back again when your nostalgia for 10k and 20k returns before 2023!

The way you've been posting seems like you still don't believe in the potential of bitcoin despite the months since you joined the forum. You should know by know how bitcoin's price moves in the market and if you will stay away for 5 years in bitcoin, might as well buy a portion of it so in the end you will not regret and make another thread about your stupid decision.

I feel like you dont trust bitcoin and that you are only here for the profits and gain of your coins. And I think your decision is right, just go back within 5 years and lets see how much bitcoin have changed by then.

I think it's best to buy bitcoin now and then rediscover it after 5 years, because otherwise you might be really losing the opportunity. It is obvious from the history of bitcoin that the tendency is strongly upward even if we consider the current huge dip after ath we're still in. And I bet there's no chance bitcoin goes back to 400 dollars. During the time of rapid price falling, people were indeed hoping for it but the barrier of $6k was the limit of falling. People believe in blockchain and free market. As long as it's true, there won't be no really crazy price drops.

Again. If you would have studied Bitcoin's fundamentals and know at least the basics, you would also know that an acre of land will not rise exponential in value as Bitcoin probably will. It's not a question of if imo. It's just a question of when.
And we are in the transition to the digital age. We left agrarian age long time ago.  ;)
By the way 3000 USD for one Bitcoin is nothing for the financial elites. A censorship resistent store of value with a finite amount and where 80% of all coins are already distributed! Boy they will buy like crazy. If you believe it or not. For a $600 per coin you will probably wait forever.

I once legitimately tried to stay away from Bitcoin because I bought at X price to sell at Y price, but I just couldn't stay away with how everything in this market progresses. It just won't work. One way or another, you'll come back and start digging into crypto grounds because it's too interesting to pass on. Also, we don't very often get to experience a market like this where we are at the very start part of it, and that earlier than wall street and all other institutions. If we look back at how the market has gone up continuously, it's impossible for anyone to ignore it -- people either get involved now, or cry themselves to sleep when they realize how much of a perfect chance they missed.

Wrong move, why would you sell at loss and that's a lot. Are you really sure that you want to sell with high loss?
I wouldn't do this thing until I recover my losses.

Are you decided? all the bans worldwide and criminal activities?
Okay. Dollar has been used with various and heinous crimes why you didn't considered that?

It is smart move to go off Bitcoin for 5 years, but only way to do it to securely store bitcoins you have and hold them till then.  Otherwise you will find that that was biggest mistake you did in your life plus you will do till rest of your life. :)

What bans worldwide? You're spreading FUD!

Criminals will choose the option of least resistance, a prime example is how bank robbers use a get away car rather than flee the scene on foot. Is that a reason to not use cars? Of course not!

Bitcoin is an easier way to transact money, criminals using it is just the precursor to the rest of the world using it.


Enjoy your vacation, don't lose track of your private keys.

Now 0.1 Bitcoin = $820 (I am from Asia)

1 Bitcoin = 109 Japanese yen or 6.3 Chinese Yuan or 67.30 Indian rupees or 14 Indonesian Rupiah

Either two possibilities are there,one is the bitcoin price will go to moon or other it will becomes useless due to restriction from governments.But I just only think in that positive way that bitcoin price will go to moon like what happened in past years.So only invest the affordable money and wait for five years you may get to be a millionaire too.

I think that you would regret for your decision after five years and i guess that you would be able to buy just 0.00001 BTC instead of buying 0.1 BTC with the same amount now.

5 years in crypto is like 500 years in normal history (for example, in the history of gold). There is no way to tell with certainty if Bitcoin will still be there then. With that said, though, I'm dead certain that crypto will still be around and likely expanding slowly into different fields of real use. What I want to say is that Bitcoin is definitely not the only pebble on the beach. So far all crypto at large has been a massive vehicle for speculation, while technical and technological advances and advantages are mostly irrelevant, at least as long as you could safely move your coins to and fro. But all cryptocurrencies are virtually the same in this regard. Right now, it is entirely a matter of personal preferences and choice among traders.

However, if they choose some other coin as their favorite speculative tool instead of Bitcoin, the latter is doomed. Then it can be assumed hypothetically that it will turn into silver. I for one don't believe in the "silver" scenario myself, though, because real silver has intrinsic value and industrial application as well as in jewelry so its price can't be 0, no matter what. But this is not the case with Bitcoin (as with any other cryptocurrency, for that matter).

You should keep track of bitcoin all the time because it will allow us to make some important decisions. We should not wait too long because active participation at all times will open up much bigger opportunities. Believe it will be beautiful in time.

Do us all a favor and go to deal with gold and silver the next 5 years, your ignorance and obsession with silver&gold exceeds all boundaries. The amount of nonsense you produced in this forum qualifies you for the biggest FUD master... To compare silver price back in 1980 with BTC price in next 5 years is for Nobel prize for stupidity.


1 BTC = 931,118.06 Japanese Yen

1 BTC = 53907.91 Chinese Yuan

1 BTC = 572488.99 Indian Rupee

1BTC = 118503645.75 Indonesian Rupiah

How would it be for the beginning to learn the basics of using the Internet?

Why you have to be so negative that you even think that bitcoin can go back to $400? You evaluated that the crypto market will have a bigger crash compare to this year's largest dump? Everyone is worried with your exit and pessimism but it's up to you, while we are happy reminiscing each event that bitcoin is going through, you are just out there waiting for 5 years. But this can also be your strategy that you have decided to hold for maximum long term hold of 5 years.

You come back again 5 years later do you dare to see the BTC value at that time with your estimated mention of 400$ are you very confident with that value,while many people say BTC keeps growing every year with the value that keeps rising You must to think again and again dude.

There are so many things that will happen in bitcoin in 5 years and you will not expect even one thing that will happen to it because in that 5 years you've just wasted the time and the opportunity that bitcoin gave to you. The value in that time will be more expensive.

It is your fault know all the coins are little down in the market so you must stay in same place after August everything should be normal. Again Bitcoin is cross the 15k USD so you must hold for long term you will earn more profit. Otherwise you will loose your money because all the Cryptocurrencies are depends demands and supply you should create negative feedback you may suffer in future.

I agree with you bitcoin will boom in 5 years and all og this FUD will not make sense , I recommend to you to buy bitcoins now until it's still cheap , I swear you will regret what you just posted , seeing now that lot and lot of people are investing in crypto why are you not ?

Why come back after 5 years to bitcoin? A lot of good news happens by that year and price we can say will be expensive throghout the years. Their is a risks so when you sell you will lose eventually. Yes when you hold for long term definitely you will earned in crypto. Having a decisions like this for sure you will feel regret losing the good opportunity in bitcoin.

1 Bitcoin = $8,000 in not boom ?? $8,000 is cheap ??

of course it isnt. 8kusd is not cheap when we are basing on the current price to the first price of bitcoin ever since it came out to the market but if we are comparing the current price to the last year price, then i could say that 8kusd is freakin cheap at all. However i do believe that bitcoin can still recover and will still reach a new ath if only given an adequate time, maybe Five years or more is enough in order to see huge gains .


Fuds are just fuds , it doesnt matter if they make sense or not but all i know is that  they do not affect the price of bitcoin. However I do  agree when you say buying bitcoins whenever it is cheap because there is alwayals a possibility that it can skyrocket sooner or later .

There is no point to explain to him anything, bitcoin price will not go back to 400 dollars, but even if it does it will bounce back and if he leave now he will miss all that for sure. That can't happen, but this guy made us think what if something like that happen and to create some theories.
Price fluctuate all the time, last drop is caused by the sell of in Asia, market lost almost 100 billion dollars in seven days, some alts dropped even more then bitcoin.
Price will go back to 10k dollars in next couple weeks, situation in Asia will be calmed like always, there are some good news and the upcoming events including the Blockchain Week in New York will push price up again in no time. Panic sellers and other week minds will regret for their decisions made in fear like always, some people will never learn.

it should not be done. because this will only cause losses. it is better to wait the next few months until the crypto value increases, at least to reduce the loss. I'm sure the bitcoin value will go up even though it's not any time soon.

Bitcoin if we see the price it increasing yearly and the highest price already reached $20,000 and the price decreased everymonth. I think the possible become dead bitcoin after few years because the price decreasing because other country ban bitcoin and for sure they effect and even the other company ban bitcoin. But I hope bitcoin will live long..

You are doing it wrong. Just buy now. Wait 5 years. Profit.

Who could imagine Silver price will fall to $9/ounce and gold to $900/ounce. I see DOW Jones at 7000

Are you serious. Do you think the bitcoin price will move to 400$ after Five years. Not possible. After the last year end,the price of bitcoin is reduced due to the huge selling of bitcoin. When the bitcoin price start to raise again, some fake news and ban news stop his growth. This is the reason for 20k$ to 6500$.Now the price of bitcoin is recovering and in few months .The price of bitcoin will reach 20,000$ again.

I would like to know,which make you to take this decision.Being a day trader,I was enjoying with the profit from the bitcoin trading and use to inverse back in bitcoin.Finally it will give me double amount of profit.I would like to ask one question,don't you want this profit?
I think due to fluctuation of bitcoin price,you are speaking like this.But for me this fluctuation make to get some profit in short period.

If you have Bitcoin on hand, then that's good. Because if Bitcoin will get higher then you will benefit after 5 years. We cannot change your decision. It is your money and it is your choice. We will not gain from your loss or loss from your gain. If you do not do trading, then it is easy for you to quit because trading is one of the best strategies to generate more income from Bitcoins because of its volatility.

There is no way that bitcoin can go lower than $5000 again, and there is no way that we can compare it with silver, or gold, or any other asset, because it is almost impossible to compare all of them.. Came on.

My friend I think waiting bitcoin to come to the lowest price like what you mentioned ($400) is not possible and will never ever be. As you can see that bitcoin is now accepted in all countries that supporting crypto currency and also to a country that bitcoin is not declared illegal nor legal. Having such huge of community, makes your expectation loss the possibility to come to reality. This is how I'm sure with my opinion and observation.

I think in 5 years is more than expensive than now so if stay away in bitcoin for 5 years then comeback I think you cannot afford it because of higher price it depends if you have capital to afford it. Much better to buy now hold it for 5 years so you can get a profit after 5 years.

If you buy bitcoin now and leave it for five years and come back, you will be surprised that you are already a millionaire  :). Bitcoin's value is increasing every year so if you base your speculation on trending, bitcoin five years from now is very expensive.

It depends if after 5 year bitcoin will  soar and didn't collapse and become stable for long time,  for sure you will gain more profits but when opposite happen you will regrets as well. 'cause we are not sure if the price of bitcoin will touch down Ath after 5 years.  Because of some causes that always exist nowadays , and i think whales is the common example that really affect bitcoin price when it occurred.  So we are not sure if holding bitcoin for 5 year is good or not. Unless if those manipulation disappear in the market  IMO.

The OP must be a frustrated investor/trader who got stressed by the high volatility of Bitcoin. If this guy store some Bitcoin in his wallet and forget about it then come back after 5 years, then that would be quite a good decision out of frustration. But, when coming back after 5 years without anything in wallet, that would be a complete disaster for the OP as the price will surely multiply as years pass by.

Its a lot better that the guy who sell all his bitcoin because he loses faith on it. If you will take rest for five years but still got a crypto onhand, the return would likely be a boom. If things stressed you out, the best you can do is rest not to lose hope. See you om five years mate, and see the difference.

After 5 years, if I get to buy Bitcoin at $600, I earn $7500 automatically.

$7500 discount = $7500 profit.  ;)

Your prediction is not going to hold sir as it is against all the professionals predictions of the bitcoin market price.  I think now is the best time for you to remain in bitcoin and make huge gain when the whole world began to used it.

From what i know bitcoin cannot be used in criminal activities because it can be tracked and so is the reason many criminals are caught, so before coming to a conclusion make sure you learn about what you are talking about. The crash is not a big deal as i never expected the price to be trading around $10k last year, it is still really high by any investment standards, if you are not interested then do not invest in it. :P

i am totally speechless with this kind of people,they claimed Bitcoin was used by criminals,thiefs and many more while the fact is everything was used by them to help them do their dirty trick.Bitcoin is our future because we need something to help us improve our financial system and at the same time we need something to help us catch up to our modern technology.
if we keep thinking with this kind of old-fashioned style,it's all about time for us to go extinct.
world won't stop doing its thing and people need to do something to understand and learn from it if we want to survive,it's all about survival.
it's a joke if we are using a modern technology in our real life,but we keep doing those traditional system to pay our need or our activity.

That is a very significant amount of money that you invested in bitcoin, can we know why you are selling? Is it only because of the low price? Because if that is the case then that means that you were not really prepared to invest in bitcoin, you only invested because you thought that you could make easy money in a short amount of time, and while some are lucky and are able to do just that you must not rely on such a good outcomes to happen to you all the time.

bitcoin has always been volatile and the price will eventually recover


look at such countries that are banning bitcoin, are countries with a corrupt political system, and are not countries that greatly affect the price of bitcoin


gold, money, silver, have also been / are used to commit crimes


hahahahaha

you can go that does not have problem, you do not like bitcoin, but there are a lot of people who like bitcoin and that's what matters

Your predictions are baseless so please don\t spread such type of FUD news and i will suggest hold for some weeks or months and come back after September 2018.

You can come back anytime you want. This is just a way to avoid the fear that you are feeling right now.

But your reasons aren't really good to hear so why you are staying away for 5 years. If you decided to come back make sure that you have stocked a lot of it.

I appreciate your thinking about bitcoin. In this day bitcoin is not for investment due to high bump and dump. From $9800 to $8500 today. What is this? Can you imagine any crypto can be so volatile? It is just non sense. I will never invest in bitcoin till the price become stable to some extent; because I don’t want to lose my hard earn money in seconds. 

You will come back after 5 years because you don’t want bitcoin for the next five years. It means that you have no patience and you cannot wait for good times. But I want to tell you that half of the world will use bitcoin after five years and the price will be more than $50k. if I have money I will buy bitcoin and forget for next fi years to earn huge profits.

In 5 years it will be probably replaced by some new coin. Bitcoin is not flawless, so 5 years is a great term. Just don't store them on warm wallets, sure 80% of current exchanges will be closed or hacked)

Well it's already a given that you should have a hard wallet if you're planning to hold that long. And by that time, even if another coin replaced btc as the top crypto out there, it's value would be considerably be higher than today

It is fact that bitcoin price is as volatile but as much that to go down to $400 in the future. We are looking upwards in the price in the future and you are talking about the crash in the price. You are leaving bitcoin for next five years, it means that you have no patience and you cannot wait for good times. If you want to buy bitcoin go ahead and buy some to earn money in the future.

Why do people give up easily? If you are not going rto support bitcoin in its ups and downs, then yes, leave. Going down to $6500 is not a big deal. And no, it is not going to go down to $400. People still believe in bitcoin's potential and I believe that the price will still continue to grow. In 5 years, I believe it will reach $50k. Think about it, the price is always growing, and even if it decreases, it will rise again just like what always happens

It will be the worst decision ever made! Do not stay away from crypto coins if you want to get some profits.
Crypto has always good opportunities to gain more profit. And these opportunities happens almost everyday.
Just need some trading skills and knowledge on crypto world.

I hold myself, but you can't just leave your funds and forget about them. This can bring profits too, but that means that you just don't like cryptos and not interested in maximizing your profits. I can't agree with that

How is that a given? If you are planning to hold your coins for the long term, you just need a piece of paper with your private key(s) printed or written on them. It implies that you won't be touching your coins for a very long period of time, so you don't need that 'conveniece' a hardware wallet may offer you.

Bitcoin won't ever be surpassed, so that's something you don't have to worry about. If ever there is a time where Bitcoin becomes obsolete, then all crypto currencies will become obsolete. I strongly believe that if our cryptos will be taken over or deemed obsolete, it will be due to a whole new technology not related to crypto at all.

Bitcoin technically can do anything other altcoins can do as well if implemented in whatever shape or form, so there isn't any feature that makes altcoins better. The main thing however is that we can't just add all sorts of features further cluttering the blockchain, making it grow in size from where only data centers and other parties are running full nodes. Bitcoin will only run the most essential and used features, and not all the gimmicks altcoins are running. In that regard I am glad that we have altcoins doing their own things.

You would seriously loose much and will feel disappointed and worried for leaving the community and not earning bitcoin. We trust in bitcoin and it's gradual and certain growth. There will be lump of changes would be in place and you would be surprised to see number of countries increased in accepting bitcoin.

I think you will be surprised because the history of bitcoin shows that there have been many times that bitcoin has dropped in price but it always recovers.

There has always been news stories about governments regulating bitcoin, or people saying that it’s a Ponzi scheme or it’s used for illegal purposes, etc.  Bitcoin has been declared dead many times over, but then it will soar in price.

I think bitcoin is just in one of those correction phases and we will soon see big gains and new highs.

Because they wanted to make quick buck and then use their pleb fiat money for shopping. Pathetic. Such people who don't understand that bitcoin is not just about making profit, don't deserve it and we should let them sell.

Actually,this occur very common in bitcoin.Because bitcoin is virtual currency,you should check the previous chart.The price of bitcoin is not only fluctuate from 10,000$ to 6000$.Last year the price reach 17,000$,now it only 8000$.No need to get panic for this.And no need to do panic selling.

There might be flaws when it comes to scaling and that is the only hurdle i am seeing now and it will be sorted by implementing the lightning network, the exchange hacks are a major issue and hopefully there will be a solution in the coming years, the only thing you need to look is to store you coins in your private wallet than keeping them in exchanges if you are not trading.

I think he is angry about the price of bitcoin. This is the reason that such guys cannot invest in bitcoin. Bitcoin is for long rum and if you want growth in days it is not possible. There are some corrections after little growth but we will have to wait more and more if we want to earn money from bitcoin investment. There is no chance for $400 in the future.

I don't see any reasons to leave Bitcoin, it has been very beneficial and has helped me a lot not only financially, but morally. The success in Bitcoin does not happen in a glimpse, it takes time, patience, and perseverance. If you lose track and get affected with its pump and dump and still want to survive, be strong, don't panic, instead be smart to find other ways and still be productive.

Volatility has always been there due to bitcoin being a highly speculative asset. Everyone's making money off of it despite the rapid ups and downs. If you are taunted by these massive price swings then maybe investing in bitcoin is really not for you. Also, regulations are bound to happen as bitcoin also grows. If there'd be no regulations to control the flow of crypto and how they're being used, there's a high possibility that this would be a safe haven for criminals. The change bitcoin is undergoing right would be for its own sake and maturity. Leave if you must, but if after 5 years bitcoin goes big and you're not there to reap the benefits, don't feel salty and spread FUD just like some people around here.

You are totally right, but the majority of the people tie increases and decreases to Bitcoin's overall health. As long as it goes up, Bitcoin is doing fine, but it not, they believe it's losing popularity and will be replaced.

It's not for nothing that a lot of these rookies keep paying attention to CoinMarketCap and Bitcoin's dominance versus the rest. They don't know that it doesn't mean anything that altcoins catched up on Bitcoin there.

It's just the numbers they look at and that's enough for them to think that Bitcoin is going backwards. They have no idea how total coin supplies of altcoins and tokens mess up everything badly in that aspect.

Bitcoin investment needs much patient. If you will compared this to silver then you can't get your best answer as bitcoin can double your money in a long term investment.

If you have invested in Bitcoin and want to make it long term then it is a right decision but it will necessary to monitor the market because you can not sleep all the five years and to stay away from Bitcoin for this long time is not a good decision at all. The Bitcoin is not so long term as five years but it is a long term for a year or maximum for two years. You should monitor the market and keep staying here to caste the right opportunities.

Well, if someone has no patience to wait for profits, unfortunately he loses money. I'm convinced he will soon regret selling. It was enough to wait a few months and the investment would surely bring profits instead of losses.

Why one should stay away from Bitcoin and what would be the need of staying away from such a valuable and benefited currency. If Bitcoin is benefiting us then we should not let it go and should adopt it as our main currency for payment and transaction systems that will benefit us in saving our money and will reach the transactions and amount within no time as it is frictionless.

If you buy 1 Bitcoin for $5,000 you will get 100% profit when Bitcoin reaches $10,000. Bitcoin starts falling from $9500. Dream run of high profits from bitcoin is over.

Dream again because the time is there when you can double your investment with the help of bitcoin. I am confident that something positive is waiting for the market and in the coming days, bitcoin supporters would be considering themselves lucky for holding it for so long. In crypto market, you should not enter with easily giving up attitude. We need to understand that bitcoin is unpredictable.

Well, if that's what you want I respect it but for me it's not a good idea. You will surely regret if you stay away from bitcoin for 5 years what if the price goes up, you have miss the profit then but I guess you stay away in btc for 5 years because you go to other altcoin. I think you have a second plan.

If you are a decent trader would mean to stay away from profit for 5 years. But if you are a Sparta hodler for 5 years, you will be a jackpot reaper.

If you stay away and come back after 5 years, you will definitely regret for what you did now because Bitcoin might rised to at least half a million in price. If you look back the price of Bitcoin before 5 years and you will know the profit earned if some one have bought it before 5 years. I really missed to invest before 5 years and i'm using the current market to earn huge amount from Bitcoin.

Yes, isn't that what happens to them eventually ? They come here to state that they know it all and compare silver to bitcoin and expect the same thing to happen and in less than 5 years when they come back, they will be wishing bitcoin tanks to at least even $10000 so they can buy since they have missed out.

I feel people are always the cause of their own predicament and obviously they can simply join us when we are already up there as no one cares. I remember when most people were chickening out very early last year when I bought around $1100, and here we are today! People really won't learn.

Good for you obviously. You can come back whenever you like, we had still be here to welcome you anyway, just that while you are starting to pick from the top, we already picked at the bottom and already at the top which by then, I am so sure you would so much regret the decision you made this day. However, it is your choice and you can decide to thread any path you want, but you should remember that this is not silver, and it is baseless using what happened to silver to judge what would happen to bitcoin.

If you own a considerably good amount of bitcoin, yes, waiting for 5 years is a good idea if you do not want the effort in expanding it more and just let it grow alone.
Though if you are thinking that the value of bitcoin will be back to low after that time, no.
I do not agree on that, bitcoin increasingly grows popular as time pass by - attracting more investors which rise the price.
Bitcoin would not go back to $400.

If you are going to stop using or buying bitcoin now and then come back after 5 years, I sure you will regret those years that you don't believe with bitcoin. Think twice about your decision before you do it, because whoever knows? Bitcoin will reach high up again and you will regret that you don't buy today with a small amount of bitcoin.

Leaving crypto business for that long is a big decision so someone should think about it thoroughly. Many of us believe that bitcoin will do better for the next coming years and if this happens, staying away for five years will surely bring regrets. We think like this because of the market history of bitcoin where this coin started for a very low value and shown a big improvement for the past years especially in the market price. There is a possibility that bitcoin will suffer again a huge growth despite the bad news and struggles that it is facing.

If Bitcoin did go back to $400, then that would be the end of Bitcoin. Some alt will take its place. After hitting an ATH of $19k, then gradually dropping back down to $400, where it was 2-3 years ago? I can almost guarantee we would never see an ATH again.

Bitcoin in the next five year will be of the higher value because there are strong speculation from industry experts that bitcoin in the next two years will reach $35,000 and that is my hope.

means that you mean you will try to save it and will open it again 5 years ahead that expect the price will be higher and it is a very good decision because you are sure if bitcoin price will soar.

It is true that the big profits are over for now, but that is the difference in our thinking, you seem to think that the profits are over for good while I personally think that in a few year we are going to get great profits again and the only thing you need to do is to be incredible patient and that can only happen if you are completely convinced in bitcoin and its potential.

Bitcoin has to establish itself as bitcoin asset or digital currency. Bitcoin has to protect people's wealth and serve as store of value. Now bitcoin is HYIP players game.

You can go now and come back in five years. I can bet that you will be shocked at what price you will meet bitcoin. Don't mention five years as if you mean five days. A lot, in terms of adoption, would have happened even within the next two years that will definitely propel the price of Bitcoin and other cryptocurrencies.

Its a normal thing for the price of bitcoin to fluctuate. But that doesn't mean it would go off to low price. I believe in the next 2-5 years bitcoin will  surpass dollars

Fluctuation of prices really occurs in cryptocurrency, i think no one can adjust or manipulate its price by decreasing anf increasing its value. But one thing comes into my mind about fluctution of the prices, i think it is the volume of the coins that makes it increase its price or decrease, bitcoin has the most volume coin and it is ranked at first for its high value. Eventhough now it is facing some slippage of its price.

This is a great risk if anyone will say is turning away for 5yr you are on a high risk because fluctuations doesn't  mean stagnancy  but rather it can shift from one level to another level and that will surprise you about the drastically change that will occur

There are plenty of predictions about Bitcoin prices at the end of this year and next year. I think you can come back after a year or two. If you leave Bitcoin for 5 years I think you will regret it. Daily technology, blockchain and Bitcoin. After a few years, you will be surprised and regret your work.

Staying away from bitcoin for 5 years is not a bad decision to make on these days. I know price falling 20k to 6k is very hard to accept if you invested big amount of money and i think the best thing to do is to wait until the price of bitcoin reach 20k again then sell all of it because that might be the last time bitcoin will reach that huge amount.

I guess you are thinking absolutely right. If bitcoins survives that time there will be 2 possibilities. Either it will be bronze or it will be gold or may be it will completely be vanish from the world. Hope for the best

whoever call bitcoin as either fraud or ponzi scheme has no in depth understanding regarding cryptocurrency. but once they fully understand it, they will love crypto at all angles. a lot are still beginners or just starting to know bout crypto, so expect various opinions arising, good or bad perspectives. you know better if you are a crypto user for long long time.

Are you a beginner in Bitcoin? This happens gradually, where prices are always up and down, now the price is $ 6000 but the possibility of the end of the year will return to $ 20,000 or more.

so wait for the highest price.

it is very narrow viewed to think that btc criminal activity is a big factor, btc can be tracked and most likely wil be traced in near future by regulators. This is not an issue.
If you cant take the fluctuations, just say so and come back after a year.

Everyone has their own view of how they will use bitcoin and be active in bitcoin. But in my opinion it is better to keep believing in the power of bitcoin, because by the end of this year or maybe next year bitcoin will definitely rise again in price and give us big profits.

It's really up to you but for me that isn't a good idea as of now because I still have high hopes for this system. Well basically I have a strong feeling that it will still be able to rise again from the mud. You have the freedom to do it but I'm encouraging you to keep in touch with bitcoin because at some point in our life it has been so good.

You can stay away from bitcoin, sell them all and do the silver way but i have my own way of treating bitcoin too. I can stay away from bitcoin even for a decade but i am going to make sure that i'll keep them in my wallet because i know bitcoin is going to come back anytime soon and what i am doing is the gold way.

Well basically you have a freedom to do anything that you want which can be good to you. Do whatever will make you so happy and if it's leaving bitcoin then go for it. But for me I still want to encourage you to keep in touch in this system because this is the next big thing. Well bitcoin has been through a lot these days but it's about to launch again.

The time you set is very long and you are also very negative in your statements. Bitcoin will not stay at the 6k mark until the end of the year because it will surely pump. Nevertheless, please stop spreading the negativity because it will not help the market to revive for it will only make it worst.

Bitcoin will rise much earlier than in 2-5 years ! Next year will start an uptrend ! I don't think you should risk not entering the market ! This is my opinion .

Actually in this time i have bitcoin,  i will hold in and after5 years, five years later bitcoin price will make high in the market. When i will sell it and earn good profit of bitcoin. So i will stay in bitcoin in five years to hold it seriously.             

This not the way to go by abandoning Bitcoin for some time because bitcoin need us to continue the support which we are bringing to the system. The issue of bitcoin being used for various crime was as a result of choice by some of us. The intention for Bitcoin was mere P2P transaction so that the extra charge by involving third party will be eliminated. The choice using bitcoin for terror, drug and money laundry were bad choice made by man and never what bitcoin was made for.

I am also saying bitcoin will be there after 5 years.  ;) So bitcoin has a future as a digital asset.

Well ... it really makes sense. No, it's not that waiting exactly exactly 5 years ... I mean that just buy or forget about bitcoins (if bought) for a while it's great. You can ... even preferably not follow the news about crypto-currencies. And after a while it's nice to be surprised (most likely) ... and then much less nerves will be spent. And then some scream already ...

I think that in the future its price will only grow. Not as fast as last year, but the price increase will exceed the fall.

If that’s how you see bitcoin in the next five years, then go ahead as you desired but if you haven’t investogated well and just jumped to ypur own conclusion then think first before you act because you may think you experience loss in bitcoin but you might have loss more after five years because of wrong decision. Something to think about.

I think it's a bad idea to leave Bitcoin now because the adoption is already taking place. In 5 years, I think Bitcoin would be at least minimum $50,000 in price. Just look at the market history, you can see how Bitcoin just slowly takes it's price from $0 to current price now.

4,000,000 bitcoins were purchased till 2011 for less than $100

$5000 is lots of money. Days of 300% profits are over. At $600 to $1000 only bitcoin will be used by masses worldwide

The market is not good right now but it is still very exciting because a lot of updates and news are coming up, so better stay and anytime soon a new bull run will come and you will the action and the opportunity to make a profit and you will have not a good chance to buy bitcoin and another profitable coin in the market.

Hahahaha...... That's some air of pessimism but this certainly does not have an air of finality. Bitcoin is real and were it not so, many will have said so as a result of the numerous scams or fraudulent activities in or around it. It will revive and so stay tight. Don't miss it now by jumping off. You may not have an easy come back.

I really like your idea but one thing you should notice is that after coming back you will get to know the kind of person you are. Don't blame anyone when it comes that way.

why are you willing to lose to sell it. I suggest to wait 1-3 years and see price changes that make you profit a lot. because the market is currently very deep down if you sell it you will get a deep loss. don't panic and be patient.

Leaving Bitcoin for 5years and come back may be a suicider mission  ;D. Anyway, it is good to keep monitoring the momentum and best time to invest is actually now and relax till the time you mention to reap the reward of your investment.

I'm sure bitcoin will still be there and I'm also assured you'll take place back for the value this year.because bitcoin is one of the best currency of the crypto world.

We should not lose hope, I think in early 2019 bitcoin will rise up again until 2020 because I’m sure it would become more better in that time.

If we have spare capital, buying BTC for a long time is ok, maybe in the next few years or so, the BTC price will increase to moon offerings and then we will become Millionaire

it's a pity if you stay away from bitcoin now. even though the current price is already very low and if you don't use it to buy you will regret later. unless you have bought and intend to make a long-term investment. You can go for the next 5 years and when you come back you have become rich

The world of cryptocurrency is mostly unpredictable, looking at how bitcoin and blockchain technology is growing, I believe we can get a relatively stable  market in few years to come, this is the time to buy and hodl more before you regret in the near future. The future is great with bitcoin.

So what you Op is saying in essence, is that the price of silver and other precious metals are artificially determined and you think same can happen to Cryptocurrency...
Well Cryptocurrency is about decentralization. One of the reasons it was invented is to prevent centralized influence. I strongly believe centralized influenced on price can be crushed if we want it to. The community can code and Cryptocurrency but not Precious metal.

My optimism. When you return, Bitcoin will always be there and will even experience an increase both in terms of service and in terms of price. But with you leaving Bitcoin all that time and returning after five years means that you have left a little lesson that we should have learned, doesn't that only hurt yourself.

Why you have to wait that long ?
Bull run come soon on this year, just watch the market before it boom, you can't compare it with silver because vrypto movement is so beyond imagination :D

Why will you want to leave bitcoin for that long when you can actually take advantage of the fall in price and build some nice portfolio for the future. Bitcoin will be a dominant player in the future

To be honest, for me the price is a secondary thing but the participation in the growth of this industry is a more thrilling experience. It is something that is happening for the first time in the history of mankind that we are able to trust the group of unknown people more than the familiar faces. Thus, I would never take the risk of keeping myself away from the revolution taking place in the front of us.

If that is your decision then do it, come back whenever you want, bitcoin will always be there even if the value goes up and down.

I think the price of bitcoin is still very high today but I've left it for some years maybe it's worth a lot after 5years now I do not really know what's going to happen in bitcoin in the future.

I bet, he badly need the money thus, selling his bitcoin at a low price. How sad that he didn't hodl it until bitcoin will further go for a bull run. $5,000 gap is a huge loss. So sorry for the man who chose the wrong way of handling bitcoin.

As for the OP, 5 years from now it will bounce up and you will be surprise of it's price then. You can come back after 5 years but make sure to have at least one to two btc and leave it. You'll never know how huge your profit will be.

I thought youre leaving for five years?Why you’re still around and making lots of post when you don't believe about bitcoin as you said?

Common men admit the reality that the problem is you can’t purchase bitcoin on this price thats why creating negative threads just to make value drops for desperation lol

Well it's a good idea to make Bitcoin into long term investment,  but you still need to check once in a while, nobody know what could happen in the next 5 years but, big probability that Bitcoin will soar high, but I still suggest you to actively involved in crypto, we need all the help we can get to bring Bitcoin to it's best performance

For me, Bitcoin is still there after 5 years and it tooks forever. And it will not go back to $600 because many people will become interested in Bitcoin and the increase will continuing.

Ah, yeah. In that case, it just occurs to me that my bitcoins are organic, too. Want any? (The price of course is elevated as compared to conventional bitcoins, because they are so organic.)

Why you want to sell for the lossing money, why you do not late next some month. Because Bitcoin price everything will can be back again. Actually I have to decide,I want to late in this full year then I will do that keep sales us.

If you stay five years away from bitcoin then definitely you will regret it big time and perhaps that time it will cost you your fortune just to buy 1 bitcoin.

I never think bitcoin can go back to $600.
Right now it stays at $6000+ and it seems impossible to go down further more already. Having it going down needs a lot of sell volumes which I don't think we can have enough to break all decent supports at 6k, 5k.
Anyway, your decision of staying away from bitcoin for 5 years may pay off. The market is really boring right now.

I doubt it will go that low. The worst case scenario in this bear cycle is around 3k USD and even that I doubt it as we have so far held support levels above 5k USD. Anyway, how worse can it go right now? The risk to reward ratio is quite healthy now for an entry point, so I think now and in the next 6-12 months might be the best time to get in. I don't see a bull run until late 2019/ early 2020, but I do see some interesting developments taking place for the Crypto world and for Bitcoin next year.  Now is actually the best time to consolidate and accumulate as much as you can to be quite honest.

I think bitcoin is the main source of income for me now so how can i stay away from it for 5 years and if we say that keep patience for 5 years that is also a good way you will not bear loss in the crypto if you know the crypto market.

I don't think that bitcoin is long term investment ( for 5 year ), For 1 year it can be profitable because of external environment there are so many uncertainty in crypto currency regulation and competition will also increase in future, There are coins like ETH, DASH, EOS and many which are having potential and can give competition to bitcoin.

Its your own fault you should not panic sell. When you bought you should have to forget about it. What you gain is lose. You should say "be paitent" instead "be aware"

This is not completely impossible. It would be a crypto black swan but it can happen. The Bitcoin wealth distribution is very uneven as there are a few guys including Satoshi himself who have many-many thousands of bitcoins in their pockets. And any of them could easily bring the prices down below $1000, if not a way lower than that, even to double digits. You would ask why they might want to do that. Honestly, I don't know, but this is a black swan event after all, so if it is possible to happen, it might happen for one or another reasons. For example, we can't exclude the possibility of someone stealing from one of these guys, and then dumping all these coins in the open market crashing the prices and wreaking total havoc in the market, basically destroying it.

Maybe when you see bitcoin again in next 5 years, bitcoin price at $100k. Bitcoin price history year on year always increase more than 1000% and i think bitcoin price in next 5 years will be very expensive because bitcoin is store of value

Sounds reasonable if you keep mining.

Sometimes I can get hit by the same awful thought but I can never bring myself to do it.

Not for me. The best time to be part of the Bitcoin industry is always NOW!

I'm sure bitcoin still exists in the next 5 years, or even more than 5 years of bitcoin still exists, and you will return to bitcoin when the price of bitcoin is much higher.

Either the price will be too expensive or it won't be worth to invest anymore but in my opinion the price of bitcoin will be very expensive in five years if you have some bitcoins now then you can be a millionaire when you come back but being patient for five years is tough task the mind will keeps ticking you when the price bumps and dumps.

In 5 years there will be no bitcoin as it will be too expensive, people will be counting in sats instead. I hope to accumulate as much as possible during these bear market months, the opportunity will not go on for much longer.

Looking away and taking a break is a good way to free you head of the hustle and puzzle of the cryptocurrency market, take a long break and before you come back bitcoin will be heading to the moon. I believe in the next 2 to 3 years to come the price of bitcoin is going to reach $50k

But 5 years will live without panic and fear. Perfect solution. Try it

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Why would you like to staying away from bitcoin ? For long time, indeed bitcoin is a good to hold.
But you need to know the news about cryptocurrency include bitcoin.
You will need to stay close to bitcoin so you know when you want to sell or buy it.

During development, the bitcoin always increases abnormally. But if you try to look at the beginning and the end of this process, you can see that the current price of bitcoin is much higher than when it first appeared. If you give up in 2 to 5 years, I'm afraid it will be hard to buy bitcoin.

Because, Bitcoin is strongly discounted and can hardly rise again. At the same time, Bitcoin also helps criminals to launder their illegal money. Therefore, many countries around the world banned the order not to Bitcoin circulation. So, let's look at Bitcoin in a few years and make the decision to invest in it.

That's your choice. Sometimes, that situation happen because of flactuation of value of bitcoin. All of us have no idea when is the time to raise again the value to sell it. If I were you, you must be updated the value of bitcoin time by time.

Yes.Bitcoin might be in low price today but this one is much better compared to those previous years price of bitcoin.I believe bitcoin will still go a long way and in 5 years,the price will definitely reach already a very high amount.So if you think of leaving now,i don't think you can easily come back in investing in bitcoin knowing it's price will be very expensive in the next 5 years.

This post is somewhat hilarious for me as you are telling that if bitcoin remains there in the market for more 5 years you would buy bitcoins. As far as i have studied ao far about blockchain technology, bitcoin should have a great and marvellous behavior. But i suggest you that now buy some bitcoin and leave from the crypto for 6years..

Yes, a bear market for years is nothing impossible now if we look at Bitcoin's bad situation. So if we really expect a comeback of Bitcoin upto 5 years it's a very great chance now to collect some cheap easy Bitcoins and wait for a next price increase. Until later Bitcoin will be approved a lot more like it was in transactions high cost a half year ago.

no need to fantasize, feel and nikamati only now and now. If the price falls, be patient, if the price goes up, we can enjoy it. If you continue to fantasize like that then your life will not progress.

You don't have to actually do that. You can always gain if you want and if you have plans. We are here in the cryptocurrency world not to just hold coins or do a hit and run, "buy when low sell when high and then be gone when market is bad".  In this manner we are not helping the cryptocurrency world and we are just pushing others to try bitcoin and lose because when the price is high the hit and run thing goes. I think if we can just promote bitcoin and all other coins by making it a currency to use in your store, then prices may not have gone like these.

In the world of crypto everything is possible my friend. I know that the experience that we are having right now from euphoria to downright grotesque downward spiral of bitcoin is really a mindnumbing experience. However, I suggest to not really stay away for 5 years or else you will miss a lot of stuff. Maybe just watch on the sidelines and wait for the dip to come. Maybe you are right, maybe the price of bitcoin will keep on tanking until it's 600$ again. Maybe it will not moon anymore... Maybe.. But cryptos won't go away that's for sure. Maybe something better will come along the way. Who knows.

Well i believe you have your own personal reason why you want to stay away from bitcoin for 5 years, but i don't think its a good idea to stay away from bitcoin. I don't think you understand the idea behind the development of cryptocurrency, if you did you will not say this. The crypto world needs true believers.

I think it is npt necesary to leave bitcoin for 5 years, specially we are now on the huge dip status, so then we need to make sense of it we can buy more today and warn a huge amount of profit in the near future, because there will be a very big possibility that the price will really rise soon.