Bitcoin Forum

This is how many Bitcoin people in here are arguing:

I saw some people buy a can of Coca Cola for 2000$ just a month a ago.

Now I can buy a can of Coca-Cola for only 500$, it is cheap!!


Bitcoin is not cheap at 6000$. It is make-believe toy money with no real value apart from some novelty value for people who like to have cryptos for fun.

Coca cola destroys your enamel. It's a drink for dumb people who don't know how to prepare healthy juice with vitamins on their own.
I have blender, juice squeezer and I f*ck corporations which destroy the world.

So true. The same people don't seem to understand the over-hyped bubble that drove the price up to $20k. It was just hot air. Everyone wanted a slice of something they didn't understand. Rather than "miss out" they jumped on the bandwagon, with its wonky wheels and creaky frame, going nowhere.

When coca cola (aka bitcoin) was $0.50 it was sort of fine. People on here should be asking why did the price go up to $20k in the first place and not why has the price come down from $20k recently. It's totally the wrong question to be asking if people are looking for real insight.

Coca Cola has an intrisic value - bitcoins are like casino tokens.

Ok, I do not know if this is really the dip, or we are going to dive at $1500. So I divided by total crypto and hedge the half to USDT. The other half is invested purely in BTC. Waiting for the next BTC flow.

its good to see that no one really pay attention and try to give answers to this guys unrealistic, negative and provocative posts and subjects. this is a good community 8)

This is the third thread you have started just this morning filled with nothing but FUD. Looking at your post history, all you seem to do is laugh at everyone holding, calling them "dumb", "idiots", "absurd", and "delusional".

There are serious discussion to be had about the market price, the technology, the reasons for the dip, and where we are headed from here. Unfortunately, starting a conversation with nonsense analogies and laughing at other users does not lead to a serious discussion.

There are no such serious discussions in here. The level of brain power in here are limited to saying "Bitcoin to the moooooon" and crying that all arguments against Bitcoin are FUD and should be removed.

Its true and its just human nature when something consider dropping from the peak almost 50% in just a couple week. However if we've been following bitcoin movement, the price has already gain more than that since the last few year. Not to mention last year when price hitting $5k-7k before sudden burst to almost $20k in just a month and the price now is just another normal price for bitcoin before the outburst. I think its normal since the price have reached $20k but i dont consider it cheap because i've seen bitcoin surging from just $2k in last year  ;D ;D

How exactly is this FUD? I am making the argument that just because an overvalued asset decline to a lower - but still overvalued - level, does not mean that it is a good price.

Do you have any argument or are you just crying "FUD" because you mistakenly believe that if you shut up opinions you don't like than you make-believe cryptomoney will rise in value?

Let's talk about something that's FACT. You spend your time bashing on something on a forum that's dedicated to it. Where's the logic in that?

One of the first things my mother taught me was that if you don't have anything nice to say then don't say anything at all. While it's maybe not applicable to people who actually make logical arguments against bitcoin and want to discuss their perspective. It's certainly applicable to statements such as 'it is make-believe toy money with no real value apart from some novelty value for people who like to have cryptos for fun'

You came to a forum where you know people support the thing you are saying has no value. I have to ask you why?

The same way you see no value in Bitcoin you obviously do not value your own time as it was wasted posting this sort of topic on this forum.

Wow OP. You are an epic shit poster and FUD starter.

Coke for $2000 $500 ??? Which is it?? Who buys coke for that?

"It is make-believe toy money with no real value apart from some novelty value for people who like to have cryptos for fun"

Lol Then how did I just pay for my mining rig in bitcoin? My video games in bitcoin. My Xbox and ps4 both paid for with bitcoin. My 4 pairs of shoes I paid with using bitcoins. I've bought office supplies and craft supplies with bitcoin too. I can even buy a car with bitcoin if I like.

You, sir, are a fucking idiot.


I know right?

It's your opinion, but what it lacks is sense and reasoning.
You think it has no real life value? But I can go to a nearby ATM and wire money directly from my exchange, turn it into cash and by whatever I need in the store. Damn, I've just bought a couple things on Amazon with those "toy money" you're talking about.
Your comparison to coca cola is apples and oranges. I won't pay $2000 or $500 for a can of cola if I can buy it in a nearby store for less than a dollar. Why would I pay 500 times more for something widely available?

You didn't answer the question - your trust in Bitcoin is clearly so low that you are afraid that a few words against it will hurt the value. And in that you are correct because the only "value" is based on people's perception of value and every day since the peak at 20.000 more and more people abandon it because they have seen that the party is over

A can of coca cola is just $1 mate. Why you pay so much? Its very special coca cola or what?
Its real story or what? In my country, any kind of softdrink just worth $1, i dont drink cocacola but i drink another softdrink.

You clearly do not understand the post

And if you can't even understand such a simple comparison, you are a very good example showing why Bitcoin is purely driven by people with no financial understanding hoping to get rich quick. You will eventually be sorry you put money into it.

Firstly, it is FUD because you do not provide any sound logical arguments or evidence. All you do is spout nonsense like "make-believe" and "toy money".

Secondly, there's an awful lot of things in the world where the value is based solely on people's perception. Why do people spend thousands on diamond rings, jewellery, expensive clothes, expensive cars, expensive watches, Apple products, etc, etc, when they could spend a fraction of the price for a cheaper but just as functional product? Perception. Perception drives the economy.

Third, you were spreading your FUD and telling people to sell at a huge loss at 6k USD. Hopefully no one listened to your awful advice now we are (predictably) on the way up again.

At least you admit that it is fun. We are having fun as well with our toy money. And we have been doing this for nine years. We are trading this toy money 24 hours a day 7 days a week. The toy money that never rest. The toy money with a public ledger. Is better than your 'My precious'.

On the one hand it is true. However, people buy paintings for million $ because they believe that it is good price for this art. So any price of any thing is determined by people mind..and BTC is not exclusion

Coke tastes nice but fees hitting $55 for sending bitcoin last month and the lightning network using banking hubs
tastes like shit.

Comments like the one I just make come with a risk, you could get banned here for pointing out the
obvious as I have already learned.

Stop trolling please. It doesn't really matter what price was the highest ever for a Bitcoin transaction. This was due to a temporary bottleneck and people bidding up to be included in the first block instead of waiting in line like everyone else. When the top price was $50 you could easily send a transaction for half that price and simply wait an hour or 2, but if you wanted a 15 min confirmation you had to pay premium.
Also, nobody bans here for opinions. 

I'm just not sure what your aim is for putting up these posts. Are you trying to up your ranking. Your analogies are a bit confusing. What's your aim here on this platform?

Juice is great for your enamel, isn't it?

Bitcoin money toys? hi bro try you browse, i know bitcoin ever worth a pizza. time goes by one bitcoin can be worth Iphone, and the end knows then one bitcoin can be worth the SUV. in the future one bitcoin could be worth House luxury, nothing is impossible

As long as it had a bottle cap then it was the investment of the future. We all know bottle caps will hodl their value in years to come.

Coca cola is mainly water mixed with sugar and color. You need to re-think about that $500 investment.

I am not really understand of your statment where you compare between coco – cola and bitcoin, what is the relationship between coca cola and bitcoin, there are too different between them and coca cola is soft drink but the bitcoin is digital of virtual money. And depend of their price, coca cola have low price for the first time until now the coca cola price is not high and not really expensive, different about bitcoin where the first time bitcoin release to public the price is not expensive.

Why would you compare an investment with Coca-Cola? This is the worst analogy I have ever seen.

Because he doesn't understand the concept of value and thus gives an apples to oranges comparison.
Cola has a fixed value dictated by the company and this makes people around the world be able to buy it for $1 or less. Nobody will pay more because it's widely available at that price.
Now, BTC doesn't have a fixed price, it's worth as much as people are willing to pay. If they are paying $100 its value is $100, if they are paying $10k, it's the value. You can't buy it cheaper!

With the same logic, shouldn't fiat and gold be worthless right now since owners and users of both only magically agreed that they are worth something? Honestly everything in this world gained value because people subconsciously agreed that X is worth something and it only became widely-accepted later on. That is how gold gained value; it's hard to procure, so it should be worth X and people just agreed to it since the logic is technically correct.

I used my toy money to buy a toy car and drive into my toy garage in my toy house with my toy wife.
Printed bills are clearly more helpful. Numbers printed on paper are much better then number on a pc screen. xP

I hate corporations that destroy the world too and i was so fcking happy to read your post. The problem in the world is there are too many people willing to buy semi-poison liquid.

Coca-cola has an absurd amount of phosphoric acid in it.


When it is possible to convert your BTC back to Euro or USD, i don't see how it is toy money?

Bitcoin has real capitalization, people give fiat money for bitcoin, so it has real value. What is the value?I can answer you! As much as people can give for it!

It is like have store-credit. If the store closes, or if the store no longer has goods you want, you do not have any value anymore

You are right why do we think that fiat money has value it is just a piece of paper and why we think gold has value it is just a metal,so we need to adapt to the new technology called bitcoin that has no structure but it has real value as fiat money have.

Bitcoin is cheap at $10,000 per coin, since it is an asset used by close to 100 million people (with the user-base increasing at a rate of 10% per month). You can spread as much FUD as you want, but I would request you just one small thing. Since you are saying that Bitcoin is over-priced now, can you prove that you have dumped all of your crypto holdings?

Funny how we see the same thing at every dip in the market - now we are here again, and the "dip" simply becomes deeper every time....

At present, the price of BTC is very low, and 6000 usd is basically close to the price of mining. Buy long-term hold.

Yeah you are right, bitcoin is not cheap at $6k.
but it is cheaper than the price at beginning of the year.
now bitcoin is on the dips at the market. This can be the chance to buy more bitcoin dips.

Of course it is not cheap at $6000 but if you look at it on a bigger picture; like for instance, long term goal then it is a good price to buy. I don’t get why “some” people in this forum whine about the price they bought Bitcoin with. We can’t turn back time and argue with those who bought Bitcoin a couple years back, of course it was cheap back then if you compare the price now but if you were on that same position a couple years back and bought that coin too at the same time, I’m pretty sure the feeling would be mutual as of today. It was not cheap back then too you know, and it was risky because Bitcoin wasn’t popular before too so there was no assurance that the price could go up to more than 100%.

buying a coca-cola for $500 is not cheap, but buying btc at that price is cheap, because its price is deemed to rise significantly just like investments

The funny thing is that if Coca Cola would be sold for 2000$ a can, then it would really be cheap to buy it for 500$. The value and the price of something are determined just by the people who are interested in trading that something. Whatever they believe the price should be, when there is consensus, that becomes the actual price.

And one day the price of coca try would be able to reach the price of $ 5000, bitcoin will always increase every year and although the current price spelled down since early January but still has a very expensive price.

This has always been the argument why Bitcoin is hardly becoming the currency that the founder Satoshi Nakamoto originally envisioned. The price fluctuation of Bitcoin has been hampering its full function as a currency. Your .00001000 worth of Bitcoin might get you a piece of hamburger this very moment but in a couple of hours, it might not even give you a piece of bread. But I believe that once Bitcoin becomes the primary currency of the world, there will be a more or less stable price. Well, that might be begging the question, but Bitcoin is actually being used as a currency right now. 

Sounds like a healthy living person huh?but its a nice behavior and youre rigt saying that coca cola and all Soda drinks are f*ck and no one cares about but us..governments earning lots from those company and just letting the people die without even doing an action.

Only crazy people will purchase that soda drink with $5000 even if it takes 100 years..stop your over speculation lol

You could make the same argument about many other items such as collectibles (sports, comics, etc.). The price will vary depending on how much are people willing to pay. Buying a limited edition comic at USD 2000 might be cheap for someone really want it, while in a few years, a month or less, it could be worth USD 500 or no more than a buck. It depends on what is valuable to you.
You could argue that those are tangible items, but I am using this example just like you did with your can of Coca-Cola.

The thing is that both Coca Cola and bitcoin have added value which comprises at least the following: a) idea (novelty) b) technology; c) labor; d) future prospects.
They both are unique products being the "pioneers" in certain industry, which in its turn encourages the trust of millions (and billions) of people around the world.
So, frankly, I can see no reason for the irony in your post  ;)

Ahah, comments under the main message is worthy of attention. You made me laugh, friends. :D
But I disagree with the author of the topic that bitcoin is a game. Play in the casino or bookmaker. But all this does not give opportunities, knowledge, technologies at a sufficient level, as cryptocurrencies. Read more literature on the topic. ;)

You have pretty well described things and I agree with you. When we have an exception for a short time and the price jumps to 20K, now everyone thinks that BTC costs a lot more and even $ 8000 is cheap.  :) :)

Unfortunately, this comparison is incorrect, since the coca-cola can still has a real cost price.

The end price of bitcoin has not been determined yet as not all 21 million bitcoins are available. Currently the market is trying to the determine the price, so we really have no idea what the end price will be. However, we can speculate at this point.

But again, the issue is people buying bitcoin to short it or "long it" as opposed to buying it to use it as an actual form of payment in the future. Regardless of what people think about bitcoin--that it has no value or what have you, people using it to buy and sell goods and services will ultimately determine its practicality. You can say something is valueless all day long, but if someone, and especially if a large population is willing to use it to buy and sell, then welp... That's how it works. Ultimately, it is dependent on the people.

Ok, Let's replace your example with the word, Car.

I saw some people buy a Car for 2000$ just a month a ago.

Now I can buy a Car for only 500$, it is cheap!!

Same thing, right... You could have bought shit for whatever reason, but you still paid $1500 less for it, than what you would have paid a month before.  ;D

Now take fiat currencies <The worthless piece of paper that guys like you believe in>

I saw some people buying 2 bottles of Coca-Cola and one box of Kentucky fried chicken and 10 chocolate bars for $10 in 2015.

Now in 2018, I can only buy 1 bar of chocolate and 1 bottle of Coca-Cola with $10, f@#$%n!

Some experts claim that Bitcoin has a purported value of upwards $50k or even $100k. So I have an exclusive offer for you all. I am selling my Coca Cola cans (coins) for $40k a piece which is like more than 60% off than its intrinsic value. I want paper money for my cans. Any takers?  It's dirt cheap  ;D

Your argument FAIL for several reasons. Why would anyone be buying your Coco Cola cans for $40k a piece, when everyone around you are selling theirs for $9000 a piece? Bitcoin price predictions from these so-called experts are like weather predictions.

You have 4 people working in the Weather prediction office, and you tell them to go to the window and to predict if it is going to rain tomorrow. So, they come back to you and 2 of them says that they think that it is going to rain tomorrow. So you go to your computer and you publish the result on your weather prediction website. "There is a 50% change of rain tomorrow!"  ;D

BUSTED!  ;)

My argument hasn't FAILED yet just because there are no buyers NOW. It's a free market. And my response wasn't even directed toward you, so I have no idea what sprang up your butthurt comment?  ;D

500$ for Cola - you must be joking. It already costs more than it should be. But such a comparision looks kinda strange. It`s necessary to learn how crytomarket works and then you will review you point of view. Of course you may loss but...If one knows what to do the risks are minimal. Entering cryptomarket is a risky game but as the saying goes: nothing ventured, nothing gained. ::)

How could you compare Coca-Cola with Bitcoins. Both are different things which are completely different in nature.  Coca Cola is centralized with unlimited supply and Bitcoins are decentralize with limited supply.
So the Price of 6000$ is still considered as undervalued. :)

A lot of people can't fathom Bitcoin because it is intangible. Otherwise, we wouldn't get arguments like these. People are happy to measure their worth by a balance in their bank account, which is just a ledger in a bank account. But they get angry because Bitcoin commands a high valuation.

Now the price of a can of Coke is at $8,400. I bought it at $6,000. Not really that complicated. Buy low, sell high.

Has is the future of the financial world. Those Governments that prohibit crypto, they fear losing control, nothing scares the person as what he does not understand.

If Coca Cola was sold for $ 2000, I think it would be cheap to buy it for $ 500. Anything is determined by the person who wants to trade anything. Whatever they are interested in it, they are more interested. When everyone agrees, then a real price is set.

It is also very funny to compare the cryptocurrency (OK, even something virtual as many people think) with the simplest Coca-Cola can that gives you nothing but brings a lot of harm to your health.

up to whoever but im pretty much against the idea of buy chicken, pizza, and now coke by bitcoin???? people? please thoughtful with your finance?

Man, you don't really get the point here. The price of BTC is fair, because it is defined by market nature of demand. The price for coke was once also determined by these laws, and people are not ready to pay more than a dollar. In case people are ready to pay $6000/ a BTC, that is the real price

Seems like you wanna blow the coca cola corporation dude?lol

It has nothing to do with the topic since OP implying to the value of bitcoin he just used the argument about that damn people who buy that coca cola amounting $2,000 .

Bitcoin price wasnt cheap for $6,000 and its not more even at $7,500 so whats good thing is we can afford still to buy now before it become $100,000

it is reality of economics, in some period of time it grows up in some down, you must believe and be patient to that things and don't panic

At that time, I bought Coke for $500 and now it is $2,000. I think this is very economical.
This is in line with the current economy. If it still stays at $500, then we need to think about whether we have done anything wrong.