Well it's not like the investors have a real choice in here...
BTC is produced in a continuous way so the question isn't about investors selling at low. The question is about people buying the btc produced...

For myself I'l keep investing in btc especially if the price goes around the 5k but you have to get enough people to still have faith in the currency otherwise you never stabilize your price

Not at all. Blockchain will destroy economy xD

You know how automation is responsible for our society transformation but also for the mass unemployment we currently have? Well blockchain will be even worse.
With the combinasion of both robots and blockchain.... There is nothing you can't automize!
Moreover blockchain has this horrible idea of being available both for industry and services while automation is mainly on industry.

It's going to crush al that ^^

You're not taking fiat into account? 

Ok a bit joking but still I gamble a lot on fiat. Otherwise it's mainly BTC as anyone.
Also got a small pile of BCH and have no idea what to do with it so...
But on a whole I'm not sure that's an important subject or debate. 90% of everyone plays in BTC no?

Betcoin.ag has been known for being... Shady in the last years.

Not completely scamming people from what I know but clearly being on the grey line tons of times.
I've played quite long at the poker game and can't say that it felt weird though.

Why shouldn't we?

Personnaly I'm not in crypto for the fun or because it's a trend.
I'm in crypto because that's a different conception of the economy. Not because I want to be in.

I think there is something interesting with your graph here...
Why does everyone see the down... And not the up after?

I mean who cares if btc goes down to 1k, or even1$? The important thing isn't the price but the evolution on the long run.
And the evolution on the long run is an uper trend.
If price goes to 100$ just buy more and wait for price to go back to 25k

You know I've invested at least 50% of my btc after the huge crash.
There is one thing I'm sure about: ETH is useful.
Of course it's in plenty of scams... Just like so many other things. What is sure is that ETH has definitely a purpose and tons of use cases.

That's something few other coins have and it gives it a solid intranseque value.
I bet much more on the 1500 than on the 600

That's what you commonly call motherfucking rich investors thinking they can make a margin on this.

Expect a rise soon after. But that only means it'll go up to 7700$ at least xD

It won't happen. Never.
Not because btc isn't a good currency or a legit one. Of course it is.

But simply because dollar/euros/pound/yen or whatever are backed up by humans. Countries. Weapons. Armies.
It's not the case of btc. Btc is supported by nothing. A bit of trust and computing power... That's all.

Don't take everything that glitters for gold. Btc is good but not the graal.

Hi!

So this is a false point on bitcoin.
Sure of course everything can be crasked. Everything can be copied. Nothing is 100% safe.
But fact is that with current technology, copying btc or cracking btc is...Costly. Extremely costly. In fact impossible with current tech.
The computing power needed to crack one btc adress is soooooooo high that it would be impossible for Google to do it even with all their infrastructure working a whole year.

Furthermore you have to understand that when you "crack" an adress it would be a random one. Including the one without btc that you have in your old wallet xD

It might have a link to the great depression that we encountered but I think that it's more a consequence than a pure reason. Sure the ICO aren't doing any good to btc as most of them (not all of course, some are legitimate) are nothing more than big fat scams. But there have been scams in btc since the begining. The difference here is that tons of people were taken in the fucking btc hype exactly like the first big jump to 15k and the same people saw the price going down a bit (maybe linked to the ICOs) and completely panicked.

Now serious buyers have to come by and are slowly eating back what the panick noobs left behind. It gonna take some time but we'll see a slow and steady rise of the price I'm pretty sure of it.

That's not exactly like a casino because contrarely to a casino you can get out whenever you want and wait for as long as you want!

When you buy BTC you see price going up and down up and down... And you can sell whenever you want.
That's like being on a roulette game, betting on the 34 and being able to wait for the ball to reach the number without paying it.
When you buy just wait. You know the price will go above.

Don't think on short term when you're thinking about cryptos.

Let's face it: what are the chances that the price goes back above 10k$?
I would say they're pretty high especially considering the prices we got beginning of the year.

Now what are the chances that price drops below 3k$?
It exists. Of course there are chances that it happens. But what does seem more probable? Price to drop below 3k or above 10k?

You got your answer. Go and buy bitcoins.
Cheers.

Hi,

I don't really see bitcoin as a bubble. Because indeed, trends are similar, so it can be worrying, but unlike other crisis, it doesn't rely on anything tangible. So I think we can't really compare the situation. When the price of a tulip was crazy, it was rather easy to state it, because you could make a link between a price (and value) and a "thing".

Though, how would you value bitcoin? Even if prices become crazy, how could you tell when it is "too high"?

Hi,

Of course, there are scams... But not because of bitcoin.

People are just using the hype, as you say. But scams and Ponzi shemes have existed for quite a long time now... There will always be people trying to earn money easily, so of course such frauds get developped. This isn't soemthing very specific to bitcoin..

Hi,

I think you are right, but I disagree with your title.

Unlike traditionnal trading, it is rather easy for anyone to invest. It is harder to make profit and avoid losing buckets, but the act of investing is easy. And you can find a lot of sources, giving advice, with different viewpoint, allowing you to make up your own decisions.

Indeed, people should read quite a lot before investing. But if they don't they can still potentially make some profit, unlike with traditionnal trading...

Hi,

I think that external event can indeed influence the price.
Though, I must say that I don't really see the link between a war and bitcoin

Maybe I am completely wrong, though, and if you have any examples, I would be glad to see them!

Hi,

It is hard to make any difference actually.

However, I personnally, as a citizen, don't think that I can make any difference in the process of law making. Of course, I have opportunities to vote for the rulers (and hence, influence the choice made for regulations), but come on, this is far from having a real influence. Currently, in most countries, and even in Western, beautiful, free, blabla, countries, the democracy is just a utopia. We don't make any real decision, and people who are in charge are perfectly aware of that!

Hi,

People keep thinking it is a bubble for two main reasons:

- The curb of prices and trends that you can observe, always look like those of already well-known bubbles. Over the long term, you can always show the similarities.
- The previous bubble that have bursted, have left painful memories. During the subprime crisis or with the tulip crisis, people have lost their house. Entire families have been completely destroyed. This is quite worrying, and mass media perfectly know that. SO if they want people to be afraid of bitcoin, they enhance this "bubble" aspect!

I personnally think that we can't know. Just because unlike all previous crisis, bitcoin is nothing tangible. There is no measurable asset related to it.

Hi,

I can't agree with you actually...


The blockchain is not connecting all computers. It is rather a huge chain, shared by all users. It is build up by miners, who are supposed to check all transactions. Though, it is not something tangible, so I can understand that the concept may be hard to grasp...

As for bitcoin, you can really see it as a digital currency, created by an algorithm, and shared between all miners.

However, you don't necessarily have to understand how this technically works, depending on what you want to do here!