No one can answer this and you shouldn't be listening to a single person who claims that they can tell you how this is going to pan out.



It looks like you've answered your own question right there.

The only thing to do is put in an amount that you feel comfortable with right now if it was set on fire. It's an oldie but a goldie but it sure beats spending every second of the next few years willing something to go up so it can 'save' you.

Forces beyond the control of almost everyone here will decide where it ends up. Hitch a ride by all means but be sure you can leave it without being consumed with regret.

If it becomes a global fixture 30 BTC will be a ludicrous amount to own. If it goes flying down the toilet most people can recover that type of money within a few months.

It's always wonderful to have more. It's a warmer feeling to know life will go on regardless of what direction it goes in.

Bitcoin is still a luxury and an oddity. It would need to be a whole lot more established to be anywhere being considered some kind of safe haven.

If your job goes in a recession the last thing you'll be tempted to do is buy more.

It goes up by a max of 14 every two weeks. In those two weeks you only have to post once to get it. There's no way of gaming it and the number of posts doesn't increase your activity level.

There are some people with 5000 posts who are still jr members and there are hero members with only a few hundred.

Edit - actually you need 14 posts in 14 days to get full activity. Still no way of going above that though.

The OP might have been mining a CPU alt. At least I sure hope he was otherwise that's a chunk of electricity down the drain.

Mining is very intensive on all aspects of hardware and laptops especially aren't designed for continuous usage in the way a dedicated miner is. The processor runs hard and a lot more heat than usual is generated. Even if it doesn't shut itself down, mining makes it operate in a way it's not designed for.

In global terms right now bitcoin demand is effectively nil. Most of the buying on exchanges is just bots lining up for another dump or pump.

If 0.5% of the world's population wanted some coins demand would be volcanic compared to where it is now.

So you'd need to pour in $235,000 now for a chance of making $1 mil in five years? Considering the risks, that are still very apparent, I'd want guaranteed odds.

Another old chestnut -

"The price just can't get close to gold parity again. That would be ridiculous"

Right.

Come with me on a journey through time and space. Together we will learn that there's over 400 times more ounces of gold than there are bitcoins.

If we use 'mathematics' that means, fuckin' insane as it may sound, that if two items are the same price but there are 400 times more of one item, that's not quite the same overall valuation if you go away and really, really think it over.

10 coins is a fine haul to own.

I dicked around with alts too and can no longer be bothered with them. Unless you get right in on the ground floor, which I have a couple of times, it's worse than gambling. The game isn't just rigged, it'll actively chase you down and kick you until you're dead.

Signature campaigns are the most dependable source of BTC. It's a pretty modest trickle much of the time but it carries on trickling and there's zero risk. We're still a long way from having a decent record in BTC 'investment', if ever.

None of my goddamn business anyway. It's a fine coin. Kudos to the seller if they achieve that price.

I think everyone's favourite poster is that committed it would stack up newbie accounts 30 days ahead anyway.

That might be a coin with an unfortunate history.

https://bitcointalk.org/index.php?topic=817069.0

Not that the seller has done anything wrong.

If you read up on his history post Hot House it's pretty much the case that he was the main reason ADX was built in the first place. He has his own special cell there that's even more isolated than all the other prisoners.

Well, they're cleverer and tend to work harder than us honkies so we need some affirmative action too. Otherwise there won't be any accessible education left.

Dunno if this is the right section, but this is the place where most of these phrases surface.

I'm talking about the same old phrases from people that demonstrate a shocking lack of foresight or basic comprehension or perhaps plain unwillingness to think things through properly.

I'll get the ball rolling -

"we will never see 300/400/whatever again" - when the price is on the up. Usually it's welcomed back within fifteen minutes.

"the price will never go above $250 again" - when the price is $249.87 and it would break it with 0.01 BTC bought.

"this is the calm before the storm" - nothing happens for another three months.

There are many more for me but hit us with the ones that get you groaning the most.

From an interview with Leon Li of Huobi, at one point the biggest exchange of all. Dunno about today.

"As to the question “How many users trade on an average day?” It involves our website operating data and I cannot give the exact number to you. It is over ten thousand. And this number, compared to the vast population of China, is still very small. Therefore there should be more space to grow."

http://www.financemagnates.com/forex/analysis/exclusive-interview-ceo-of-largest-bitcoin-exchange-in-the-world-huobi-responds-to-mt-gox-situation/

Let's look at that figure again -

10,000

people were using the WORLD'S BIGGEST Bitcoin exchange every day.

Can you see room for upside still? If I try really, really hard I think I just about can.

Up your activity, sign up for a sig campaign and you could have that whole coin and more in a few weeks/ months.

I wonder.

These people are hardened pros. They're not going to pump money in when they know they can be dumped all over by a bunch of spotty oiks who lucked out.

If they do want to separate a lot of people from their coins they'll be doing it in a rather sneakier and scarier manner. Perhaps it has been happening for a while. We might learn something about that in the years to come.

Indeed. Do some reading into what life is like at Florence ADX. 23 hours a day in this



1 hour in a sunken exercise pit. Human contact is kept to the absolute minimum.

If I had to choose 50-60 years of that compared to a bullet in the back of the head I'd pay for the bullet myself.

By the sounds of it, people who were denied refunds on miners that were previously used, broken or never arrived count among their unwitting 'investors'.

You can indeed but you have to dick around with all sorts of third party money transfer places that require extra verification and some hefty fees. That would be my last choice to deposit money with. It's enough of a grind waiting for one straightforward bank wire to go through.