Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Screamshot on September 22, 2018, 06:14:55 AM



Title: Bitcoin synonymous to safecoin
Post by: Screamshot on September 22, 2018, 06:14:55 AM
Well almost all that has said bitcoin will fall or bitcoin will die are still the same people that convert coins in there wallet to bitcoin so as to be safe. While the rest are made up of those that where mislead
  I think bitcoin is that utility coin convert to and get 75% safety. What if whenever the market is bad the price of bitcoin should soar as to benefit the loyal believer of bitcoin


Title: Re: Bitcoin synonymous to safecoin
Post by: hugeblack on September 22, 2018, 09:18:08 AM
I do not know if I understand what do you mean by "safecoin"? Can’t return to zero, stablecoin or safe investment.
What is happening is pure speculation, so saying that you will get 75% safe is an inaccurate term.

I think we have moved away from the point of return to zero, a Ponzi scheme or a bubble, but Bitcoin is still far from being a safe investment or a stablecoin.

What if whenever the market is bad the price of bitcoin should soar as to benefit the loyal believer of bitcoin
Many believe in the price only.


Title: Re: Bitcoin synonymous to safecoin
Post by: ompoetra on September 22, 2018, 10:39:00 AM
Digital currency, Bitcoin has continued to move higher in the past few days although it is still far enough to return to touching the highest record ever printed in December 2017

The recent rise in Bitcoin due to positive sentiment after the giant investment company, Blackrock formed a working group last week to open up the possibility of investing in digital and blockchain currencies, which is the technology behind it.

Positive sentiment also came from Mastercard who reportedly obtained permission to get people to buy something with Bitcoin through a credit card.