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Author Topic: How foolish are people who invest in Bitcoin?  (Read 6559 times)
giveen
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December 28, 2017, 03:09:20 PM
 #81

Oh really suddenly btc becomes a foolish investment. This is another pump and dump of the price as more and more people are hearing of btc they are looking to earn short profits , you are right the price can go to max $17k but that's only for this year. Btc still has 3 years of life left until everything get's mined if you sold yours you can still buy in and hold.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Skieleton
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December 28, 2017, 03:11:01 PM
 #82

I have very mixed feelings in this matter. I heard a few different tories with good evidence; I have come across such a forecast:

2018
Jan   13211-15199   14205   -3.3%   43.8%
Feb   14205-17631   16478   16.0%   66.8%
Mar   16478-20452   19114   16.0%   93.5%
Apr   16453-19114   17691   -7.4%   79.1%
May   17691-21959   20522   16.0%   108%
Jun   20522-25472   23806   16.0%   141%
Jul   23806-28132   26292   10.4%   166%
Aug   26292-32634   30499   16.0%   209%
Sep   30499-37856   35379   16.0%   258%
Oct   29931-35379   32184   -9.0%   226%
Nov   32184-39946   37333   16.0%   278%
Dec   34706-39930   37318   -0.0%   278%

2019
Jan   37318-46319   43289   16.0%   338%
Feb   42255-48615   45435   5.0%   360%
Mar   45435-56015   52350   15.2%   430%
Apr   51635-59407   55521   6.1%   462%
May   47702-55521   51293   -7.6%   419%
Jun   44097-51293   47416   -7.6%   380%
Jul   47416-58853   55003   16.0%   457%
Aug   55003-68269   63803   16.0%   546%
Sep   63701-73291   68496   7.4%   593%
Oct   60337-69419   64878   -5.3%   557%
Nov   64878-80526   75258   16.0%   662%
Dec   59630-75258   64118   -14.8%   549%
redhondaxrm125
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December 28, 2017, 05:35:37 PM
 #83

How many idiots who decided to invest in bitcoin!!!!!!!

It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion.
And as it grows from 1.5 to 1.7.....

In recent days printed 180 million tether and still no big growth....
Lending on the stock exchange came to a billion dollars.
The credit rate on the day was a record and more than the 0.103%.

This means that the market has reached its peak. The price of cryptocurrency maximum.
This is the moment when you have to sell everything.

So began a process of growth needs the infusion of more money.... They're gone.

I think the joy of endless growth to an end this weekend.

Nothing in this world is eternal and permanent.....
And rising prices of bitcoin are not eternal.... all ends already.....


Great effort for this analysis. But how stupid are you? Although i haven't tried lending to invest, i think saying so to people you barely even know is what's stupid. Making profit is about taking risks and making big decisions. And the rise and fall of bitcoin is what makes it the best investment for investors. This is just another episode of the great correction. After this, the price will surely be back on track and again exceeding peak by peak.

If you don't want to invest in bitcoin, then that's your choice i respect that. But don't call random people that you don't even know as stupid.
Stop being immature and respect the contrasting decisions of other people. Besides, it's their life and problem anyways if things fck up.

Hope this clears your mind.
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December 28, 2017, 05:41:05 PM
 #84

People with over 1 million dollars on their wallets are fools? Or you mean today's investors with the coin at 15k?
There is no place for foolish people here those who are using bitcoin they all are clever and they know very well what to do and how to do because bitcoin is of the currency which will give you profit all the time so it depend on you that from which source you want to earn bitcoin if someone is doing investment or daily trade he will earn from there without any lose so there is nothing about foolish because bitcoin is committed currency.
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April 02, 2018, 11:52:34 PM
 #85

I think those who still invest in bitcoin are not crazy or stupid. Because the price of Bitcoin will never be lost or disappeared from the country. I hope the price of nitkayake will increase and will never end. However, it is expected that this will increase the demand and popularity in the future as well as the possibility of rising prices.
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April 07, 2018, 03:39:29 AM
 #86

How many idiots who decided to invest in bitcoin!!!!!!!

It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion.
And as it grows from 1.5 to 1.7.....

In recent days printed 180 million tether and still no big growth....
Lending on the stock exchange came to a billion dollars.
The credit rate on the day was a record and more than the 0.103%.

This means that the market has reached its peak. The price of cryptocurrency maximum.
This is the moment when you have to sell everything.

So began a process of growth needs the infusion of more money.... They're gone.

I think the joy of endless growth to an end this weekend.

Nothing in this world is eternal and permanent.....
And rising prices of bitcoin are not eternal.... all ends already.....

It is not an idiots decision to invest in bitcoin. If you have the money and you want profit why not. Its a choice we make. We can do whatever we want in our money.
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April 07, 2018, 03:43:39 AM
 #87

I dont think so, because investors makes money.
Foolish peoples who buy on high and sell on low

hualangktsld841
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April 07, 2018, 04:15:30 AM
 #88

As long as the encrypted world is still there, the price of bitcoin will not disappear. People who invest in bitcoins and other digital currencies are not stupid people. They have a lot of people with a great understanding of technology. Some people start to invest in bitcoins early, and their investment returns are amazing.
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April 07, 2018, 09:45:34 AM
 #89

I dont think so, because investors makes money.
Foolish peoples who buy on high and sell on low

people buy on high and sell on low is because they didn't learn anything and they cannot patient waiting for the price. and if they can do this, they can be like the investors which makes money too. people invest their money in bitcoin is because they want to make a profit like other people and unfortunately, they only make invest without learning about bitcoin and this makes them buy at the high price without any chance to sell at another higher price again except they need to waiting the price is back to increase.

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April 24, 2018, 04:40:48 PM
 #90

It is sad to think that many people see's this thing.
Actually investing in the company and management of bitcoin is not a foolish act but a wise decision to make because from this you can obtained income for your future for a better life.
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April 25, 2018, 06:14:10 AM
 #91

There are alot of reason why people invest in bitcoin but one reason is people just have extra money and want to invest in something new, They just invest and try to hold it for a long period of time assuming that it will give more gains than investing in the traditional stocks or forex.
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April 25, 2018, 11:20:29 AM
 #92

I don't consider an investor foolish, I consider them wise. Every investment has its risks. every real business has got both images one is bright which is of profit and the rest on is dark which resembles loss so same is the case where people are getting higher profits like they bought bitcoins for nothing and now bitcoin has gained them everything means every luxury of life and it seems to be improving on a daily basis.
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April 25, 2018, 11:29:23 AM
 #93

How many idiots who decided to invest in bitcoin!!!!!!!

It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion.
And as it grows from 1.5 to 1.7.....

In recent days printed 180 million tether and still no big growth....
Lending on the stock exchange came to a billion dollars.
The credit rate on the day was a record and more than the 0.103%.

This means that the market has reached its peak. The price of cryptocurrency maximum.
This is the moment when you have to sell everything.

So began a process of growth needs the infusion of more money.... They're gone.

I think the joy of endless growth to an end this weekend.

Nothing in this world is eternal and permanent.....
And rising prices of bitcoin are not eternal.... all ends already.....

Dude first of all, we know that bitcoin is a reliable form of investment. Since it grew up to $18,000, you know it is going to be worth investing of the price drops. And you got it all wrong saying the growth is just an illusion. No one knows when it will skyrocket again so if you don't have any trust in bitcoin you can just simply pull out all your money if you think it is not going to be worth it. Well, even the coin experts who invested on bitcoin are still hoping for more than $18,000 so it is still up to you.

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April 25, 2018, 03:03:39 PM
 #94

it is not that foolish. Peoples think that bitcoin price will keep increasing and they dont want to miss the train.
but if peoples was bought at $19k, now they must be sad because that was the highest value of bitcoin last year.
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April 25, 2018, 03:35:40 PM
 #95

I won't call everyone foolish but the one who invests in Bitcoin with greed in his mind and has no research to support his investment decision is foolish in my opinion. I seriously think that one should prepare for the worst possible case and that is losing entire investment and hence it is highly recommended not to invest more than what a person can afford to lose. Crypto is a wild market in behaviour and hence extreme precaution is needed while taking any decision. One is responsible for his own actions and he deserves what he does with his money.
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April 25, 2018, 03:48:33 PM
 #96

I would like to ask if you have invested in BTC? People who invest in BTC in the early stage are all making money. I don't understand why you say investing in BTC is stupid.

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April 25, 2018, 04:56:48 PM
 #97

Those people r foolish how do not invest on Bitcoin. Bitcoin give us profit in few days. Bitcoin high rate but never ever loss. Those people r not foolish who invest on Bitcoin..
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April 25, 2018, 05:03:50 PM
 #98

How many idiots who decided to invest in bitcoin!!!!!!!

It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion.
And as it grows from 1.5 to 1.7.....

In recent days printed 180 million tether and still no big growth....
Lending on the stock exchange came to a billion dollars.
The credit rate on the day was a record and more than the 0.103%.

This means that the market has reached its peak. The price of cryptocurrency maximum.
This is the moment when you have to sell everything.

So began a process of growth needs the infusion of more money.... They're gone.

I think the joy of endless growth to an end this weekend.

Nothing in this world is eternal and permanent.....
And rising prices of bitcoin are not eternal.... all ends already.....
People think that the storage value of gold is well-founded, because you can't fabricate more gold or make their output increase rapidly, so it is scarce. But believe me, people are capable of creating more bitcoins. Although bitcoin miners tell you that there are various rules, they can't expand their output arbitrarily, but don't believe them. When there are enough incentives, bad things will happen. occur.
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April 26, 2018, 10:17:49 PM
 #99

I do not want to judge someone stupid for investing in bitcoin, each person has different beliefs and I am very respectful of those who cling to his belief in bitcoin. However, I hope their belief in cryptocurrency is matched by an appropriate research and observation to make decisions in bitcoin investing.
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April 26, 2018, 10:41:25 PM
 #100

I don't want to call the people who invested on bitcoin when its price are at its peak foolish because some of them are just people who take chance and has no experience at all. Many people here in our country are scammed by crypto traders. They are the one that needs to be called foolish.

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