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Author Topic: Staying away from Bitcoin for 5 years  (Read 1272 times)
Febo
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May 11, 2018, 07:34:13 PM
 #21

The way Bitcoin is going, $1000 to $20,000 and then to $6,500 and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

I will come back to Bitcoin after 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $400.

It is smart move to go off Bitcoin for 5 years, but only way to do it to securely store bitcoins you have and hold them till then.  Otherwise you will find that that was biggest mistake you did in your life plus you will do till rest of your life. Smiley
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May 11, 2018, 08:09:22 PM
 #22

...and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

What bans worldwide? You're spreading FUD!

Criminals will choose the option of least resistance, a prime example is how bank robbers use a get away car rather than flee the scene on foot. Is that a reason to not use cars? Of course not!

Bitcoin is an easier way to transact money, criminals using it is just the precursor to the rest of the world using it.

I will come back to Bitcoin after 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $400.

Enjoy your vacation, don't lose track of your private keys.
First77 (OP)
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May 12, 2018, 04:41:56 AM
 #23

If you come back to bitcoin in 5 years you most likely won’t even be able to afford to buy 0.05 bitcoin’s. With the next halving in 2020 plus the gradual increase in price due to new adopters if you’re leaving now you moght as well stay away because you’ll be kicking yourself.

Now 0.1 Bitcoin = $820 (I am from Asia)

1 Bitcoin = 109 Japanese yen or 6.3 Chinese Yuan or 67.30 Indian rupees or 14 Indonesian Rupiah
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May 12, 2018, 04:51:56 AM
 #24

The way Bitcoin is going, $1000 to $20,000 and then to $6,500 and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

I will come back to Bitcoin after 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $400.
Either two possibilities are there,one is the bitcoin price will go to moon or other it will becomes useless due to restriction from governments.But I just only think in that positive way that bitcoin price will go to moon like what happened in past years.So only invest the affordable money and wait for five years you may get to be a millionaire too.

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May 12, 2018, 04:58:00 AM
 #25

I think that you would regret for your decision after five years and i guess that you would be able to buy just 0.00001 BTC instead of buying 0.1 BTC with the same amount now.
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May 12, 2018, 06:29:22 AM
 #26

The way Bitcoin is going, $1000 to $20,000 and then to $6,500 and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

I will come back to Bitcoin after 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $400.

If you come back to bitcoin in 5 years you most likely won’t even be able to afford to buy 0.05 bitcoin’s. With the next halving in 2020 plus the gradual increase in price due to new adopters if you’re leaving now you moght as well stay away because you’ll be kicking yourself.

5 years in crypto is like 500 years in normal history (for example, in the history of gold). There is no way to tell with certainty if Bitcoin will still be there then. With that said, though, I'm dead certain that crypto will still be around and likely expanding slowly into different fields of real use. What I want to say is that Bitcoin is definitely not the only pebble on the beach. So far all crypto at large has been a massive vehicle for speculation, while technical and technological advances and advantages are mostly irrelevant, at least as long as you could safely move your coins to and fro. But all cryptocurrencies are virtually the same in this regard. Right now, it is entirely a matter of personal preferences and choice among traders.

However, if they choose some other coin as their favorite speculative tool instead of Bitcoin, the latter is doomed. Then it can be assumed hypothetically that it will turn into silver. I for one don't believe in the "silver" scenario myself, though, because real silver has intrinsic value and industrial application as well as in jewelry so its price can't be 0, no matter what. But this is not the case with Bitcoin (as with any other cryptocurrency, for that matter).
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May 12, 2018, 09:00:19 AM
 #27

The way Bitcoin is going, $1000 to $20,000 and then to $6,500 and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

I will come back to Bitcoin after 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $400.
You should keep track of bitcoin all the time because it will allow us to make some important decisions. We should not wait too long because active participation at all times will open up much bigger opportunities. Believe it will be beautiful in time.
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May 12, 2018, 10:21:47 AM
 #28

The way Bitcoin is going, $1000 to $20,000 and then to $6,500 and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

I will come back to Bitcoin after 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $400.

Do us all a favor and go to deal with gold and silver the next 5 years, your ignorance and obsession with silver&gold exceeds all boundaries. The amount of nonsense you produced in this forum qualifies you for the biggest FUD master... To compare silver price back in 1980 with BTC price in next 5 years is for Nobel prize for stupidity.

Now 0.1 Bitcoin = $820 (I am from Asia)
1 Bitcoin = 109 Japanese yen or 6.3 Chinese Yuan or 67.30 Indian rupees or 14 Indonesian Rupiah

1 BTC = 931,118.06 Japanese Yen

1 BTC = 53907.91 Chinese Yuan

1 BTC = 572488.99 Indian Rupee

1BTC = 118503645.75 Indonesian Rupiah

How would it be for the beginning to learn the basics of using the Internet?

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May 12, 2018, 10:53:33 AM
 #29

Why you have to be so negative that you even think that bitcoin can go back to $400? You evaluated that the crypto market will have a bigger crash compare to this year's largest dump? Everyone is worried with your exit and pessimism but it's up to you, while we are happy reminiscing each event that bitcoin is going through, you are just out there waiting for 5 years. But this can also be your strategy that you have decided to hold for maximum long term hold of 5 years.

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May 12, 2018, 11:02:13 AM
 #30

You come back again 5 years later do you dare to see the BTC value at that time with your estimated mention of 400$ are you very confident with that value,while many people say BTC keeps growing every year with the value that keeps rising You must to think again and again dude.

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May 12, 2018, 03:30:40 PM
 #31

The way Bitcoin is going, $1000 to $20,000 and then to $6,500 and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

I will come back to Bitcoin after 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $400.
There are so many things that will happen in bitcoin in 5 years and you will not expect even one thing that will happen to it because in that 5 years you've just wasted the time and the opportunity that bitcoin gave to you. The value in that time will be more expensive.
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May 12, 2018, 11:14:23 PM
 #32

I bought 10- BTC for 15 000. And now I want to sell only on 10 000. Be aware
It is your fault know all the coins are little down in the market so you must stay in same place after August everything should be normal. Again Bitcoin is cross the 15k USD so you must hold for long term you will earn more profit. Otherwise you will loose your money because all the Cryptocurrencies are depends demands and supply you should create negative feedback you may suffer in future.

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May 12, 2018, 11:58:13 PM
 #33

The way Bitcoin is going, $1000 to $20,000 and then to $6,500 and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

I will come back to Bitcoin after 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $400.
I think it's best to buy bitcoin now and then rediscover it after 5 years, because otherwise you might be really losing the opportunity. It is obvious from the history of bitcoin that the tendency is strongly upward even if we consider the current huge dip after ath we're still in. And I bet there's no chance bitcoin goes back to 400 dollars. During the time of rapid price falling, people were indeed hoping for it but the barrier of $6k was the limit of falling. People believe in blockchain and free market. As long as it's true, there won't be no really crazy price drops.
I agree with you bitcoin will boom in 5 years and all og this FUD will not make sense , I recommend to you to buy bitcoins now until it's still cheap , I swear you will regret what you just posted , seeing now that lot and lot of people are investing in crypto why are you not ?

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May 12, 2018, 11:58:31 PM
 #34

I bought 10- BTC for 15 000. And now I want to sell only on 10 000. Be aware
It is your fault know all the coins are little down in the market so you must stay in same place after August everything should be normal. Again Bitcoin is cross the 15k USD so you must hold for long term you will earn more profit. Otherwise you will loose your money because all the Cryptocurrencies are depends demands and supply you should create negative feedback you may suffer in future.
Why come back after 5 years to bitcoin? A lot of good news happens by that year and price we can say will be expensive throghout the years. Their is a risks so when you sell you will lose eventually. Yes when you hold for long term definitely you will earned in crypto. Having a decisions like this for sure you will feel regret losing the good opportunity in bitcoin.

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First77 (OP)
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May 13, 2018, 01:38:02 AM
 #35

I agree with you bitcoin will boom in 5 years and all og this FUD will not make sense , I recommend to you to buy bitcoins now until it's still cheap

1 Bitcoin = $8,000 in not boom ?? $8,000 is cheap ??
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May 13, 2018, 02:10:27 AM
 #36


1 Bitcoin = $8,000 in not boom ?? $8,000 is cheap ??

of course it isnt. 8kusd is not cheap when we are basing on the current price to the first price of bitcoin ever since it came out to the market but if we are comparing the current price to the last year price, then i could say that 8kusd is freakin cheap at all. However i do believe that bitcoin can still recover and will still reach a new ath if only given an adequate time, maybe Five years or more is enough in order to see huge gains .

FUD will not make sense , I recommend to you to buy bitcoins now until it's still cheap

Fuds are just fuds , it doesnt matter if they make sense or not but all i know is that  they do not affect the price of bitcoin. However I do  agree when you say buying bitcoins whenever it is cheap because there is alwayals a possibility that it can skyrocket sooner or later .
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May 13, 2018, 05:13:56 AM
 #37

I bought 10- BTC for 15 000. And now I want to sell only on 10 000. Be aware
It is your fault know all the coins are little down in the market so you must stay in same place after August everything should be normal. Again Bitcoin is cross the 15k USD so you must hold for long term you will earn more profit. Otherwise you will loose your money because all the Cryptocurrencies are depends demands and supply you should create negative feedback you may suffer in future.
Why come back after 5 years to bitcoin? A lot of good news happens by that year and price we can say will be expensive throghout the years. Their is a risks so when you sell you will lose eventually. Yes when you hold for long term definitely you will earned in crypto. Having a decisions like this for sure you will feel regret losing the good opportunity in bitcoin.

There is no point to explain to him anything, bitcoin price will not go back to 400 dollars, but even if it does it will bounce back and if he leave now he will miss all that for sure. That can't happen, but this guy made us think what if something like that happen and to create some theories.
Price fluctuate all the time, last drop is caused by the sell of in Asia, market lost almost 100 billion dollars in seven days, some alts dropped even more then bitcoin.
Price will go back to 10k dollars in next couple weeks, situation in Asia will be calmed like always, there are some good news and the upcoming events including the Blockchain Week in New York will push price up again in no time. Panic sellers and other week minds will regret for their decisions made in fear like always, some people will never learn.

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May 13, 2018, 07:29:30 AM
 #38

I bought 10- BTC for 15 000. And now I want to sell only on 10 000. Be aware

it should not be done. because this will only cause losses. it is better to wait the next few months until the crypto value increases, at least to reduce the loss. I'm sure the bitcoin value will go up even though it's not any time soon.
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May 13, 2018, 04:22:46 PM
 #39

Bitcoin if we see the price it increasing yearly and the highest price already reached $20,000 and the price decreased everymonth. I think the possible become dead bitcoin after few years because the price decreasing because other country ban bitcoin and for sure they effect and even the other company ban bitcoin. But I hope bitcoin will live long..

 
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May 13, 2018, 04:49:20 PM
 #40

The way Bitcoin is going, $1000 to $20,000 and then to $6,500 and all the bans worldwide and Bitcoin used in many kinds of criminal activities.

I will come back to Bitcoin after 5 years. If Bitcoin is there, it will go the silver way. Just as Silver was $80/ounce in 1980, Bitcoin can go back to $400.

You are doing it wrong. Just buy now. Wait 5 years. Profit.

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