Amph
Legendary
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Activity: 3206
Merit: 1069
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March 27, 2015, 08:23:52 AM |
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Nobody is going to invest their 401K in an asset that lost 80% in a year.
LOL
No indeed, why would they buy an undervalued asset? Buy high, sell low! because it could fall even lower, is bitcoin really undervaluted? what if the current price is too much for it remember that the value of bitcoin is given by people, it has nothing to do with the supply cap |
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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Roy Badami
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March 27, 2015, 09:48:12 PM |
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In order for something to be be undervalued, it has to have value in the first place.
If you really think Bitcoin has no value, why have you been wasting your time on here for the last year? |
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twiifm
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March 27, 2015, 09:53:59 PM |
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In order for something to be be undervalued, it has to have value in the first place.
If you really think Bitcoin has no value, why have you been wasting your time on here for the last year? Entertainment and warning people to stay away after some idiot tried to convince my retired father to invest his retirement money in a "once in a lifetime" opportunity. Saved him like $50K in losses he was about to invest Ive personally saved 9 people from losing about $200K in total by telling them to stay away from bubble highs. Feel great about that |
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bassclef
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March 27, 2015, 10:28:11 PM |
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In order for something to be be undervalued, it has to have value in the first place.
If you really think Bitcoin has no value, why have you been wasting your time on here for the last year? Entertainment and warning people to stay away after some idiot tried to convince my retired father to invest his retirement money in a "once in a lifetime" opportunity. Saved him like $50K in losses he was about to invest Ive personally saved 9 people from losing about $200K in total by telling them to stay away from bubble highs. Feel great about that There's nothing wrong with telling people not to invest during bubble highs, but to say that Bitcoin has no value is intentionally misleading. I think your continued feeling of self-importance over saving people from their own stupidity is preventing you from seeing Bitcoin in a balanced way, unfortunately. |
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twiifm
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March 27, 2015, 11:14:22 PM |
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In order for something to be be undervalued, it has to have value in the first place.
If you really think Bitcoin has no value, why have you been wasting your time on here for the last year? Entertainment and warning people to stay away after some idiot tried to convince my retired father to invest his retirement money in a "once in a lifetime" opportunity. Saved him like $50K in losses he was about to invest Ive personally saved 9 people from losing about $200K in total by telling them to stay away from bubble highs. Feel great about that There's nothing wrong with telling people not to invest during bubble highs, but to say that Bitcoin has no value is intentionally misleading. I think your continued feeling of self-importance over saving people from their own stupidity is preventing you from seeing Bitcoin in a balanced way, unfortunately. Nope its has no value as in value investing because price is purely speculative. In order for you determine value you need fundamentals. Things like risk adjusted return Besides from that the economics are all wrong. |
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afbitcoins
Legendary
Offline
Activity: 2100
Merit: 1061
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March 28, 2015, 05:26:17 PM |
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In order for something to be be undervalued, it has to have value in the first place.
If you really think Bitcoin has no value, why have you been wasting your time on here for the last year? Entertainment and warning people to stay away after some idiot tried to convince my retired father to invest his retirement money in a "once in a lifetime" opportunity. Saved him like $50K in losses he was about to invest Ive personally saved 9 people from losing about $200K in total by telling them to stay away from bubble highs. Feel great about that There's nothing wrong with telling people not to invest during bubble highs, but to say that Bitcoin has no value is intentionally misleading. I think your continued feeling of self-importance over saving people from their own stupidity is preventing you from seeing Bitcoin in a balanced way, unfortunately. Nope its has no value as in value investing because price is purely speculative. In order for you determine value you need fundamentals. Things like risk adjusted return Besides from that the economics are all wrong. @twiifm i hope they are understanding when they miss out on the next bitcoin rise |
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twiifm
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March 28, 2015, 05:45:16 PM |
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In order for something to be be undervalued, it has to have value in the first place.
If you really think Bitcoin has no value, why have you been wasting your time on here for the last year? Entertainment and warning people to stay away after some idiot tried to convince my retired father to invest his retirement money in a "once in a lifetime" opportunity. Saved him like $50K in losses he was about to invest Ive personally saved 9 people from losing about $200K in total by telling them to stay away from bubble highs. Feel great about that There's nothing wrong with telling people not to invest during bubble highs, but to say that Bitcoin has no value is intentionally misleading. I think your continued feeling of self-importance over saving people from their own stupidity is preventing you from seeing Bitcoin in a balanced way, unfortunately. Nope its has no value as in value investing because price is purely speculative. In order for you determine value you need fundamentals. Things like risk adjusted return Besides from that the economics are all wrong. @twiifm i hope they are understanding when they miss out on the next bitcoin rise You think bitcoin is the only investment in the world? |
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afbitcoins
Legendary
Offline
Activity: 2100
Merit: 1061
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March 28, 2015, 10:30:09 PM |
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You think bitcoin is the only investment in the world?
Nope I like other hard assets too, gold, silver, land, properties. Steering well away from stock market though. Without going into huge detail I think global economy is not recovering as people in media proclaim and huge turmoil awaits. Hard assets (and likely bitcoin too) will protect from currency events. Anyway, didn't mean to sound rude was going to go back and edit my comment but forgot. Point I'm trying to make is that although you gave great advice when bitcoin was in a huge bubble due to correct but now the market is very different from then. The correction could be over is it wise to continue to steer people out of bitcoin? |
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