pizzaboy69696969
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January 27, 2014, 11:51:17 PM |
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Bitcoin is going to crash. Investing now, is signing your own death sentence mine friend.
Come to bitoin forums to bash bitcoin? There must be no motive
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bitpop
Legendary
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Activity: 2912
Merit: 1060
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January 28, 2014, 05:22:37 AM |
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Bitcoin is going to crash. Investing now, is signing your own death sentence mine friend.
Come to bitoin forums to bash bitcoin? There must be no motive Bastard just wants our coins for cheap
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chesthing
Legendary
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Activity: 1414
Merit: 1000
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January 28, 2014, 04:06:44 PM |
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Don't listen to the sheep (no offense baaaahhhh) about putting all your money into Doge or Litecoin or spread your risk by buying 1 GPU coin, 1 CPU coin and 1 ASIC coin. There is no logical basis for any of that advice and comes from people that don't understand Bitcoin well enough except to provide heresay/rumour/snake oil advice on Bitcoin competitors (all the ALTs).
Also don't listen to the hype about moving your entire life into crypto currencies either as that would not be wise considering that the vast majority of the planet deals with fiat currencies (as imperfect as they are). There are definitely SOME people that are living entirely in this alternative universe of crypto currencies (like Bitcoin Jesus), but also understand that they probably watch Bitcoin value on a daily basis and have cold sweats when a major exchange is ready to implode (like MtGox for example). BTC value is inherently volatile, both in it's design and because it can't be regulated.
If you are prepared to spend 40k in this new frontier, then ask yourself if you are also prepared to spend the equivalent amount in gold or silver, or rubles, or yen, or any other globally accepted trading medium. Why not buy Coca cola stocks or Walmart or maybe buy a few shares of Warren Buffet's stocks? Or how about buy a piece of land in your city and speculate? Or buy a pre-sale apartment and sell for profit? Or how about invest in a startup? Or invest in your own education and earn more money? Or .. well the list goes on and on.
Bitcoin is still valued AGAINST fiats, and NOT the other way around (ie: USD are not valued in Bitcoins YET) so that should tell you that a tectonic global shift hasn't yet occurred in global Bitcoin awareness. BUUUUTTT.. and it's a big one, even though it's VERY early days for Bitcoin, it's already at around 900 USD now.. and that's with the early adopters, geeks, crypto enthusiasts, and miners. Has that price been artificially inflated? Is the whole Bitcoin movement run by hackers and coders and greasy haired bankers?
Many people don't know what to do. Part of the reason for this hesitance is that Bitcoin is technically more complex then say USD. The basis for the currency (if we can call it that) is fundamentally different from everything else we have ever used before. It can't be centrally controlled, it can't be faked, it can't be double spent, and the entire spending ledger itself is public domain. It's almost as if someone took the central bank of an entire nation and posted every transaction for public scrutiny (a wet dream some still think will happen)
If all you want to do is grow your wealth, then it's probably worth listening to the 2nd richest man in the world who grew his own fortunes from scratch (so MAAAYYBEE he has something good to say? duh). On Warren Buffet's Investment checklist: Don't invest in something you don't understand.
If you are here asking for what to do with your 41k and if you should invest your money in Bitcoins (or whatever), then it's obvious you don't understand the implications of buying Bitcoins yet, so buy only as much as you would be willing to purchase in USD and freely give away to anyone on this forum (as a gift for example) and then keep researching.
Oh, also don't take my advice cause I'm a sheep too
What a bunch of crap. Researching and spending hours and hours trying to gain understanding won't enlighten, it's just going to cause more confusion. In the end no one knows squat about what is going to happen, including you. OP - reading and asking the same questions everyone here is asking themselves is a waste of time. You have to decide what to do, good luck.
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specgamer
Sr. Member
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Activity: 252
Merit: 250
I love bitcoins.
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March 08, 2015, 04:03:24 AM |
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██████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
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Bit_Happy
Legendary
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Activity: 2114
Merit: 1040
A Great Time to Start Something!
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March 08, 2015, 04:06:18 AM |
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Guys, I don't know what to do, I have $ 41,000 dollars to invest in bitcoins and litecoins but I am in doubt. Many people saying to wait for the outcome of the meeting of the senate 28~29th january, others saying to wait until after the 31 January (not sure why).
I need more opinions, URGENT, please.
I trust bitcoin and I think that by 2020 every bitcoin will cost between $50,000 and $ 100,000, and I want run the risk!
To the moooonnnn, or I die! no problem!!!!!!!!!!
thank you
80% in and 20% cash with low priced buy orders in place on a couple of exchanges. Have fun.
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virtapayseller666
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March 08, 2015, 04:18:44 AM |
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i want to suggest you that hold 50% of money for bitcoins and 30% amount on litecoins and hold 20% amount cash in hand in case of emergency or do big investment in cloud mining site which must be trusted ROI will be about 1 year or simply do trading online
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bitpop
Legendary
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Activity: 2912
Merit: 1060
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March 08, 2015, 04:42:07 AM |
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Litecoin shitcoin, don't get fooled
Join Bitcoin
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virtapayseller666
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March 08, 2015, 04:52:16 AM |
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Litecoin shitcoin, don't get fooled
Join Bitcoin
If bitcoins is like a GOLD then litecoins i like a Silver both are important
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bitpop
Legendary
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Activity: 2912
Merit: 1060
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March 08, 2015, 04:56:04 AM |
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Litecoin shitcoin, don't get fooled
Join Bitcoin
If bitcoins is like a GOLD then litecoins i like a Silver both are important No I don't think so. One team, one mission.
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sidhujag
Legendary
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Activity: 2044
Merit: 1005
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March 08, 2015, 04:59:50 AM |
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Bitcoin and bitshares for the rest
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bitpop
Legendary
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Activity: 2912
Merit: 1060
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March 08, 2015, 05:10:01 AM |
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Bitcoin and bitshares for the rest
No 100% Bitcoin
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Possum577
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March 08, 2015, 05:10:34 AM |
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So what happened, what did you go with?
If you buy all at once will you tell us when so we can sell when the price jumps? Thanks.
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Zoomer
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March 08, 2015, 05:10:56 AM |
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Guys, I don't know what to do, I have $ 41,000 dollars to invest in bitcoins and litecoins but I am in doubt. Many people saying to wait for the outcome of the meeting of the senate 28~29th january, others saying to wait until after the 31 January (not sure why).
I need more opinions, URGENT, please.
I trust bitcoin and I think that by 2020 every bitcoin will cost between $50,000 and $ 100,000, and I want run the risk!
To the moooonnnn, or I die! no problem!!!!!!!!!!
thank you
If you went with this investment then you done pretty well so far Wow dude you have some trust in you, by 2020, $50,000 - $100,000 you say? If this comes and i am still around i will hunt you down and we will party for a week straight.
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bitpop
Legendary
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Activity: 2912
Merit: 1060
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March 08, 2015, 05:14:25 AM |
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I'm about to switch my ira to gbtc
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suman66
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March 08, 2015, 11:39:49 AM |
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i will recomanded you to invest in bitcoins that it will help the bitcoin price will go up by the purchase of high volume in bitcoin exchanges
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BitmoreCoin
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March 08, 2015, 02:10:19 PM |
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60% in Bitcoin, 30% in Monero. The rest in other altcoins.
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Sylon
Legendary
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Activity: 1568
Merit: 1169
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March 08, 2015, 02:55:48 PM |
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I hope you guy bought some BTC few days after your post. Good capital gain.
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Baghead
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March 08, 2015, 03:47:41 PM |
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i will recomanded you to invest in bitcoins that it will help the bitcoin price will go up by the purchase of high volume in bitcoin exchanges
How much do you think that would increase the price then? I can tell you hardly anything because for starters you would not just buy, you would set buy orders and they would be filled in a few hours. Op did you invest?
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bitpop
Legendary
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Activity: 2912
Merit: 1060
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April 25, 2015, 06:52:54 AM |
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