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Author Topic: turn that bitcoin frown upside down  (Read 136 times)
topper26 (OP)
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January 30, 2018, 05:01:32 PM
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here is a nice article on why to buy bitcoin and lets offset some of that FUD!
https://moneymorning.com/2018/01/11/why-you-should-buy-bitcoin-now-even-if-you-hate-it/
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January 30, 2018, 05:31:00 PM
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All the arguments in this article is based on the fact that bitcoin will rise in price. Such conclusions of the author are based on the behavior of bitcoin in the past.  What will happen if the situation changes? Bitcoin can remain stable for a very long time. Why the price cannot be reduced? This is a primitive analyst.
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January 30, 2018, 05:38:43 PM
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All the arguments in this article is based on the fact that bitcoin will rise in price. Such conclusions of the author are based on the behavior of bitcoin in the past.  What will happen if the situation changes? Bitcoin can remain stable for a very long time. Why the price cannot be reduced? This is a primitive analyst.

All things that rise must later continue to rise. That's the saying right? No, I'm sure it's different. Oh yeah, all things that rise must later fall. I'm not saying bitcoin will crash right now but to assume something will remain on the same trend as previously for no other reason that because that's what has happened historically is not a good idea.
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January 30, 2018, 06:13:23 PM
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as much as i agree with the whole subject of the article, i have to say it was mostly a clickbait article that wasted my time! and it wants my Email so i can continue reading the ending part of that bullshit!
i think the author of it has some serious investment in bitcoin and is scared right now so he tried his best to play with the emotions of the reader to get them to invest, by bringing in numbers of how great bitcoin has been, etc...

There is a FOMO brewing...
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January 30, 2018, 06:25:22 PM
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11th of January? That's age old news!

Compared to the first half of december last year, it's the market's behaviour that has been turned upside down. The article says nothing that makes me change my frown.
Aleister Crowley
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January 30, 2018, 09:07:39 PM
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11th of January? That's age old news!

good efforts to provide information here ,, but for the future you must be more careful to load a link that you want to inform .. I appreciate what you convey and for the future I hope you can provide the latest news for us to read
topper26 (OP)
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January 30, 2018, 09:27:37 PM
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1)"We are now seeing the much larger collective firepower of mainstream hedge funds, family offices and [high-net-worth individuals] starting to come in," Pfeffer wrote. "This could very easily turn into a stampede for the entrance.

2)He also believes Bitcoin is gaining acceptance as a store of value and is in the process of attracting between $1.9 trillion and $6.1 trillion in that role.

yeah no good news here just move along lol
the 2 fellas mentioned are no average joes. they have been involved with cryptos a long time and have been spot on with there analysis in past!
topper26 (OP)
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January 30, 2018, 09:28:14 PM
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11th of January? That's age old news!

good efforts to provide information here ,, but for the future you must be more careful to load a link that you want to inform .. I appreciate what you convey and for the future I hope you can provide the latest news for us to read

thanks!
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