How will it not be yes when it is bitcoin, if it was other altcoins, I am sure that your answer would have been capital NO lol. Well, you are right, for now that bitcoin is still not gone too far in its price increase, I think we can buy and hold the coin now, while we wait for the price to grow. Bitcoin has a very wide future, and I believe that soon, the market will go back to its uptrend with a very strong momentum.

I can't say for sure how much bitcoin will be climbing to this year after these correction is over, but I know that we may be retesting the last $13800 or $14000 this year had before we continue further on the bull run next year, next year Is going to be another good year that we should all prepare for, and I think whatever profit we will make next year needs to be decide now through our purchase now.

Peter Schiff or Warren Buffett will always defend their beliefs in the old value system which is based on banks, fiat or gold. No matter how good BTC is stand, it will always be ponzi or rat poison squared.

If we ask ourselves why some people think like that, the reason is that BTC is not something they can fully control, or maybe better to say is that they will never be for "give power to people" option.

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It might be o.k. 

I have been relatively frugal all of my life, even while my standard of living did increase, so there might be some difficulties to adapt - as compared with either growing up rich or even becoming rich in your 20s, then you might be able to really adapt by the time you are in your 40s.  In my case, I am older than that.  I already had more than 30 years of investing and becoming more and more rich with a kind of exponential growth that came with bitcoin and seems to have decent chances of continuing in the coming 3-5 years or perhaps less,  as we all kind of expect a bit of a boom and perhaps even another blow-off top to happen no later than the end of 2021, but likely sooner than that.

Will be curious if BTC plays out anywhere nearly as bullish as that projection, especially if you are expecting a similar trajectory in 2024.  I am not saying that it could not happen, but I just have a hard time imagining such a bullish scenario. 

I will have to be getting gold-platted elderly diapers. 

Won't know how to spend all of the money.

might have to start buying alts (like some other filthy rich peeps) in order to throw a sufficient amount of my money away.

I believe, but I am not sure, if I would want to live frugally like warren buffet in my old age.

man, I'm an asshole today

It's a bit bullish.

Of course, it could happen like that, but having a correction that only takes bitcoin back down to $60k as its low seems god-damned optimistic.

Compellingly so.

 

 

Bitcoin wanna test $10k resistance, although , $9075 support hasn't been hit yet,  Another lower high been created here hopefully it cross the $10k price,  the level of bitcoin dominance is still high,  I'm still wondering when altcoins season is gonna come up,

While someone is asking a question price is now $9800, and with the beginning of a new week we have a new mini pump which slowly brings us back to magic $10k level. I can only say that all this reminds me on time before some 3-4 years when the general question in the forum was whether to buy Bitcoin for $1000 or price will go down again to $200. We know today that it never happened, and it will probably be the same with $10k 3-4 years from now.

Smart people learn from the past, those who ignore it risk repeating all the bad things they have already done. For some small amounts of Bitcoin it doesn't matter if the price is $9400 or $8400, especially if someone invest in the long run.

🤞🏻🤞🏻🤞🏻

Bought my Opel 1.4 turbo back in 2014 as a brand new car. Should have bought bitcoin instead THe car screwed me first in July 2017 by breaking the piston rings and the Turbo. The engine bed was fine, so the OFFICIAL service changed these parts with standard parts and gave me a 2-year warranty on parts. The car broke down with the same problem in August 2019, only one month after the warranty ended!!!
So, I sincerely doubt that I will be purchasing another Opel, which I originally bought because I trusted German engineering.
I still don't have my car back, and we had to take a bus to go to a concert. I am hoping next week, fingers crossed.

It would be possible in hundred years from now. But thinking where we are at that time? It probably we are dead already.

I just wondering why we should have to go that far. Do we think that there is someone could resist using their BTC to pay bills and buying stuff? No, it looks not right. But anyway, we are just speculating what would be the future of Bitcoin, if that will happen then we accept it. If you have 1BTC in your wallet, consider yourself as one of the richest people in the world.

Rhytmtrader has no human sens. Instead of showing out support for the people of Venezuela who have difficulties for simple and essential needs of their lives, he uses Venezuela to promote bitcoin.