Bitcoin Forum
June 25, 2024, 01:51:17 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 [5]
81  Economy / Speculation / Re: Why does the Bitcoin price keeps nose diving? on: November 21, 2018, 04:41:52 AM
The DOW is also nose diving - look it up.

Fact is the US government is 22 TRILLION dollars in debt and all US households are another 12 TRILLION dollars in debt.  Add that up and consider how wealthy America really is.

You guessed it, not wealth at all and you can thank our Democrat socialism for that.
82  Economy / Speculation / Re: What we can do now other than saying HODL? on: November 20, 2018, 09:06:29 PM
Simply say "Keep It".

You can either go out with a big loss or keep what you have and forget about it until one day you find out the advance in value is extraordinary.
83  Economy / Speculation / Re: People who bought BITCOIN at $1000 are now starting to sell, CCN article writes on: November 20, 2018, 08:59:36 PM
I  doubt it.  I bought several years ago alot of bitcoin for between $250 and $400 each.  Even now this has been a tremendous investment which I am HODLing after buying for cash totally a new house, 40-acres of land, new tractor, wood stove, furniture, Amish barn.

All the remaining bitcoin and bitcoin cash (which I got for free in August) I hodling.
84  Bitcoin / Bitcoin Discussion / Re: Is it Game Over for Bitcoin? on: November 20, 2018, 08:18:20 PM
The US dollar has been decreasing in value at 5% per year for decades.  Look it up - it is fact.  The government is 22 trillion dollars in debt and total individual debt is another 12 trillion dollars.

Where do you think this is going?  Use your brain.

I would count on gold, silver, bitcoin, gardening, chickens and eggs, friends and family, living in the country where farming dominates and everyone understands arms, ammo, and freedom.

Alternatively live in big cities where you will be eaten alive when the economy collapses.
85  Economy / Speculation / Re: Fall! What to do? on: November 20, 2018, 01:16:08 PM
Friends good father went to work in the 1930's for 25-cents an hour, 50 hours a week.  Considered a livable wage a the time.

Not now.  US dollar has been dropping in value by about 5% per year.

Keep slowly investing in Bitcoin and hold it.  Doing so and you may find its value increases massively as it has done several times in the past.

86  Bitcoin / Bitcoin Discussion / Re: Why most people believe bitcoin to be worthless? on: November 20, 2018, 01:01:04 PM
Consider this: my friends father went to work in the 1930's for 25-cents per hour, which at the time was a live-able wage.  Try doing that now.  Truth is the US dollar has lost a tremendous amount of value since then.

Fact is, the US dollar has been losing value at an average of about 5% per year.

The US government is now 22-trillion dollars in debt.  All households in total are 12-trillion dollars in debt.  Time is fast coming where the US dollar collapses.

Us your brain.  Have a stock of gold, silver, food, water, firearms and ammunition, good friends and family.  Bitcoin too.  Live in the country where there are plenty of farms with food and like minded people.  Get a greenhouse for vegetables, raise chickens for eggs.

Or, stay in the city which will fall into savage groups of people seeking whatever they can take from you by force.

Bitcoin - HODL.
87  Economy / Speculation / Re: If a bitcoin falls below $2,000, what could be the cause? What is the real value on: November 20, 2018, 04:42:06 AM
If you research the past value of all major stocks and bonds you will see a series of ups and downs.  Perfectly natural.

Hodl.  That is the key.  While others panic and dump at lows, sit back and wait.  That is the key to success. Simple.
88  Economy / Speculation / Re: Epic buying opportunity on: November 20, 2018, 04:30:39 AM
Consider the US government is 22 trillion dollars in debt and individual households are a total of 12 trillion in debt and you will see the value of the US dollar will soon enough collapse tremendously.

Have some gold and silver as a backup, use Bitcoin in the same way.  Also stockpile some foodstuff, water, firearms, and ammo.

Or, continue to living in ignorance - your choice.
89  Bitcoin / Bitcoin Discussion / Re: Nobody Buying Cryptocurrency :( on: November 20, 2018, 12:53:49 AM
I wouldn't say "nobody is buying them".  But I am sure a number of people are waiting for a likely bottoming out in price when they should be buying a certain amount every month regardless of price.
90  Economy / Marketplace / Re: $1000 to spare each month, how would you invest it? on: November 20, 2018, 12:22:45 AM
From the $1000 a month I would stash $500 in the bank and put $500 in Bitcoin.  Hodl and see where it ends up 1,2, and 3 years from now.
91  Economy / Speculation / Re: Record falling. What to do? on: November 20, 2018, 12:16:38 AM
If you invested what you can afford to use, the answer is simple:  HODL

If you do HODL there is an excellent chance you will be greatly rewarded by a high rise in value in the coming several years.  If you sell out now there is no chance of you getting in on this great potential.
92  Bitcoin / Bitcoin Discussion / Re: What are you worried about? on: November 19, 2018, 08:07:37 PM
just worried about government, why government is not accepting cryptos, cryptos are very helpful for us.
Do you even know that Bitcoin can be used for illegal crimes? Yea, it's helpful for you because you just use it to buy something that you got it from bounty but in the dark site cryptocurrencies are a main currency for those terrorists. That's why gov banning crypto currency to avoid unwanted stuff.

Oh, you mean like all fiat currencies are being used extensively for illegal crimes?
93  Bitcoin / Bitcoin Discussion / Re: Did you ever regret having gotten into Bitcoin? on: November 19, 2018, 01:51:13 PM
Nope.  I bought a hefty number of BC several years ago at $250+/- and then in August received a like amount of Bitcoin cash for free.  This spring I used this to buy a new house and barn, 40 acres of land, new tractor, nice wood stove, nice bed, furniture and taxes all in cash.  Still have more than half Bitcoin and Bitcoin cash left.

Let the price fall.  I will wait.  I will HODL.  No regrets here.
94  Bitcoin / Bitcoin Discussion / Re: Do you know any "whale"? If you do post it here! on: November 18, 2018, 04:18:52 PM
How many Bitcoin do you think is required to be called a "Whale"?  100?  250? 1000? 10000? or more?
95  Economy / Speculation / Re: Do you HODL because you believe the price will go up? Or are you lost too much? on: November 18, 2018, 04:04:50 PM
I've got alot already but if not I would put in, say, $100 per month or so and simply keep doing that - not so much money as to make a difference in the life I live but enough to score a large sum should Bitcoin rise to high amounts like 1/2-million dollars as it could in the next ten years.
96  Bitcoin / Bitcoin Discussion / Re: Will you cash out your bitcoins for Black Friday? on: November 18, 2018, 01:00:30 PM
I bought ALOT of Bitcoin at about $250 each several years ago and then got a bunch of free BitCoin Cash.  The current value is still a massive increase over what I paid for it.

The answer is to HODL.  HODL.  HODL.  Go ahead and panic sell if you want but this is not the way to go if you want to see your life stance changed if/when Bitcoin again shoots high.
97  Economy / Economics / Re: what are the causes of the continuous plunge in Bitcoin? on: August 30, 2018, 01:56:36 PM
Fiat currency typically falls in value about 5% a year or more.  I know friends father used to work for 25-cents per hour in the late 1930's, on which was enough to live - try doing that now.

No fiat currency has ever lasted more than several hundred years and often less.  This is a fact.  Check the history books for confirmation of this.

Hodl Bitcoin for several years, don't panic.  Bitcoin will far outpace any fiat money of any country.  Look at history if you need proof of how fiat currency always becomes worth zero if not made of gold or silver.
98  Bitcoin / Bitcoin Discussion / Re: What's the largest purchase you've made in Bitcoins? on: August 30, 2018, 05:03:46 AM
$390,000 new house with 38.75 acres of land and large Amish barn in mountains of the Great North Woods.
$25,000 tractor.
$4000 Bed.
$10,000 other furniture.
$11,000 Vermont soapstone wood stove.
$100,000 upgrades to house.

Yes, I made mult-millions from a purchase of BTC using funds from my business several years ago.  It can be done.
Pages: « 1 2 3 4 [5]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!