Bitcoin Forum
December 09, 2016, 06:19:28 AM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 [5]  All
  Print  
Author Topic: How I know that the Bitcoin boat has sailed  (Read 14404 times)
Herodes
Hero Member
*****
Offline Offline

Activity: 868


View Profile
February 18, 2013, 02:03:13 PM
 #81

I know the ship has sailed because I have finally put money into Bitcoins and every investment that I finally get around to making is at the end of its hayday.

Do you realize how illogical that statement is ? If 100 men invests randomly, some will become millionaires, some will break even, some will go to the poorhouse, and a host of results in between, it's like tossing a coin, sometimes you get heads 3 times in a row, that doesn't mean you're blessed or if you get 3 tails in a row that doesn't mean you're cursed. It's just statistical variance.
1481264368
Hero Member
*
Offline Offline

Posts: 1481264368

View Profile Personal Message (Offline)

Ignore
1481264368
Reply with quote  #2

1481264368
Report to moderator
1481264368
Hero Member
*
Offline Offline

Posts: 1481264368

View Profile Personal Message (Offline)

Ignore
1481264368
Reply with quote  #2

1481264368
Report to moderator
1481264368
Hero Member
*
Offline Offline

Posts: 1481264368

View Profile Personal Message (Offline)

Ignore
1481264368
Reply with quote  #2

1481264368
Report to moderator
Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481264368
Hero Member
*
Offline Offline

Posts: 1481264368

View Profile Personal Message (Offline)

Ignore
1481264368
Reply with quote  #2

1481264368
Report to moderator
1481264368
Hero Member
*
Offline Offline

Posts: 1481264368

View Profile Personal Message (Offline)

Ignore
1481264368
Reply with quote  #2

1481264368
Report to moderator
smoothie
Legendary
*
Offline Offline

Activity: 1848


LEALANA Monero Physical Silver Coins


View Profile
February 18, 2013, 09:16:07 PM
 #82

I know the ship has sailed because I have finally put money into Bitcoins and every investment that I finally get around to making is at the end of its hayday.

Do you realize how illogical that statement is ? If 100 men invests randomly, some will become millionaires, some will break even, some will go to the poorhouse, and a host of results in between, it's like tossing a coin, sometimes you get heads 3 times in a row, that doesn't mean you're blessed or if you get 3 tails in a row that doesn't mean you're cursed. It's just statistical variance.

He just thinks the universe revolves around him. lol...

OP so fail.

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
crazy_rabbit
Legendary
*
Offline Offline

Activity: 1162


RUM AND CARROTS: A PIRATE LIFE FOR ME


View Profile
February 18, 2013, 10:17:34 PM
 #83

Remember once hearing some casual wisdom on investing, about how if you got into an investment other people had heard about, it was already too late. So yeah, maybe your bitcoin (get rich quick) boat has sailed.

more or less retired.
Luno
Sr. Member
****
Offline Offline

Activity: 420


Current balance: 00$$/00BTC


View Profile
February 18, 2013, 11:04:30 PM
 #84

Lately, there have been, on this forum and elswhere, a number of questions abut the sensibility in putting some or a lot of your savings in Bitcoin.

What that means is that people not knowing much about Bitcoin now are considering it as a longterm investment medium on par with the other options a smal time investor has.

This is of course good news for the market cap, but it's also something that can backfire. Not only on the unlucky investor but also on Bitcoin in general.

The last peak hurt some for sure, including the few that had put a lot of money in Bitcoin late in the game.

If we imagine people in the thousands getting burned like that sometime in a "distant" future in a flash crash, Bitcoin will be blamed as the suspicious asset.
Bank people will love crawling all over the dangers of using and investing in an unbacked currency.

This would be free endorsment for established banking! It may be followed by law suits against exchange businesses and laws against Bitcoin.

So any newb asking for such advice, should be warned by anyone here and elsewhere not to invest more than funny money in Bitcoin.

The fact that anyone asks such a question, should alone be enough to determine that they don't know what they are getting into.

Satoshi warned us once about getting too carried away!

Grin SLOT machine with generous payouts and affiliate program. BTC No registration needed BTC Start playing within seconds BTC Provably fair and transparent BTC Win up to 5000 times your bet BTC Or make 30% by referring friends. ->  BitBandit.eu
johnyj
Legendary
*
Offline Offline

Activity: 1806


Beyond Imagination


View Profile
February 19, 2013, 01:28:01 AM
 #85

My hope is that Bitcoin will go lower for the next few months when I can finally buy again starting around February when I should have some more money again to buy.

So...buy now...it'll probably go way up.

Then in February another downtrend will begin.

Smiley

Amazing, but you can't be so lucky to call all the top Wink

Pages: « 1 2 3 4 [5]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!