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Author Topic: Should I believe in Bitcoin ?  (Read 219675 times)
Lieldoryn
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March 09, 2017, 01:04:39 PM
 #2561

As with every technology there is always the risk of a major bug or failure.

True, but as it stands you don't need to be a rocket scientist to predict a good future for Bitcoin. It's evidently clear that investing in Bitcoin is a good investment and will yield much dividend in the future.

I agree, I always look at the ratio of the community to the worlds population.  As long as Bitcoin market is not saturated, there is always a room to grow in value and price.   I believe that Bitcoin community will be well rewarded in the future if they hold and grow their Bitcoins.
You can never be sure in something. Bitcoin is a currency just like everyone else, and therefore susceptible to the same risks. It is foolish to give up any earnings. You just need to follow the trends and to react to fluctuations.
Fatanut
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March 09, 2017, 01:20:01 PM
 #2562

As said nothing is wrong with bitcoin, it gives the best profit based on the technology supporting it along with the acceptance. These day price drop has took place as the technology updating happened unexpected. For this we cannot deny bitcoin is a failure. The more we believe the more will be the profit earned.

We can't base bitcoin's success solely on its price. Besides, it didn't go back to $1. It just decreased significantly in such short period of time. But that doesn't mean that bitcoin is a failure. If you want, you can buy tons of bitcoins so you can join the resistance when the price of bitcoin is decreasing.

Bitcoin will always decrease from time to time. Sometimes it's much more significant than the previous dump but that doesn't mean that bitcoin is a failed project. It's just a normal thing with a market and volatility like this.

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Sakura_nakomoto
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March 09, 2017, 01:21:24 PM
 #2563

In any business there are risks. You need to invest the amount that you are not afraid to lose. I invest 25% of my funds.
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