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Author Topic: Don't buy bitcoin because it won't be fine  (Read 4674 times)
Maheshkumar_Hrangkhawl
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November 24, 2018, 06:54:47 AM
 #261

Whenever the prices drop, I see a lot of threads here spreading FUD. But I have learnt my lesson. I first invested in Bitcoin in 2017. During that year there was a major crash due to the government policies in China. I also fell victim to the FUD and sold some of my coins. Now I am not going to repeat my mistake.
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Blakcwhite69
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November 24, 2018, 07:50:20 AM
 #262

Whenever the prices drop, I see a lot of threads here spreading FUD. But I have learnt my lesson. I first invested in Bitcoin in 2017. During that year there was a major crash due to the government policies in China. I also fell victim to the FUD and sold some of my coins. Now I am not going to repeat my mistake.

I hope your choice now makes good hope for you and some people who believe in Bitcoin will come back at a good price. The price of Bitcoin which is getting worse will make a long thought for anyone now.
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November 24, 2018, 07:57:25 AM
 #263

I still think btc has a future Roll Eyes
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November 24, 2018, 10:10:35 AM
 #264

Again and again, people are talking negatively about bitcoin but you must know that the bull run will soon appear and save this bad time, it will not die so easy.
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November 24, 2018, 10:38:45 AM
 #265

I think, you have wrong information about bitcoin. In this time market price of bitcoin is down so it is best opportunity for bitcoin investor. Today or tomorrow bitcoin price will again high, its confirm. Yes, it is true that for price fall every traders are facing some problem. But it is not bad, every markets happen this. It is markets reality. You can see this others product market.
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November 24, 2018, 02:45:45 PM
 #266

you can play with words all you like but that will never change any facts about bitcoin.
bitcoin matches the definition of a currency, a medium of exchange and a payment system perfectly well https://en.wikipedia.org/wiki/Currency and it has been designed to do that in a decentralized manner and has been doing exactly that in the past 10 years.
I agree with what you say in my opinion that bitcoin is a digital currency but cannot be used like a fiat currency, there may be a number of reasons that there is a legal issue that makes bitcoin difficult to become the applicable currency of course

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November 26, 2018, 02:37:34 AM
 #267

I think it's the opposite is true don't sell your bitcoin and hold its and buy more is fine now it's my opinion Smiley

I will support your position. It is evident that the whales made everything to let Bitcoin fall. They are buying the cryptocurrency for cheap now to sell it later and make millions on these deals.
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November 26, 2018, 07:11:21 AM
 #268

"Buy bitcoin and go to sleep, and see a year later you will smile and want to have it again". This is what I have in mind about bitcoin. I still think positively that bitcoin still has value and continues to grow.
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November 26, 2018, 07:26:21 AM
 #269

Why are,  there are advice like this , do not buy bitcoin because it would not be fine , there is nothing wrong when you buy bitcoin now , and hold it for a while , now that the price is lower then it is a good time to buy bitcoin, or any othet altcoins in the market , it may benefits you in the future.

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November 27, 2018, 03:05:58 PM
 #270

Why are,  there are advice like this , do not buy bitcoin because it would not be fine , there is nothing wrong when you buy bitcoin now , and hold it for a while , now that the price is lower then it is a good time to buy bitcoin, or any othet altcoins in the market , it may benefits you in the future.
everyone has their own views about Bitcoin, so it's their right to decide what Bitcoin is.
but indeed if I personally also see Bitcoin still very good bought now even though the current price drops, this is the right time if you want to buy it. I'm sure if Bitcoin will be fine, all that is needed is time.
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November 27, 2018, 03:34:48 PM
 #271

I will choose to believe that it will rise again.
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November 27, 2018, 03:36:05 PM
 #272

A lot of people told bitcoin is a scam, it is a Ponzi scheme from the beginning of Bitcoin creation! Who listened to them they are crying because they missed a golden opportunity to be something big! Many people were telling buy bitcoins as much as you can, who listened to them, they are now rich
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November 27, 2018, 03:41:20 PM
 #273

you can play with words all you like but that will never change any facts about bitcoin.
bitcoin matches the definition of a currency, a medium of exchange and a payment system perfectly well https://en.wikipedia.org/wiki/Currency and it has been designed to do that in a decentralized manner and has been doing exactly that in the past 10 years.
I agree with what you say in my opinion that bitcoin is a digital currency but cannot be used like a fiat currency, there may be a number of reasons that there is a legal issue that makes bitcoin difficult to become the applicable currency of course
Do you know what you are saying?Zthere are some countries that treat bitcoin as fiat,just like in japan when the government adapted this number one cryptocurrency and let it function like what the fiat or Yen so this is a clear statement that bitcoin can be used as fiat the only difference is the physical and the digital but other than that they are same functions
hisuka
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November 27, 2018, 04:07:24 PM
 #274

A lot of people told bitcoin is a scam, it is a Ponzi scheme from the beginning of Bitcoin creation! Who listened to them they are crying because they missed a golden opportunity to be something big! Many people were telling buy bitcoins as much as you can, who listened to them, they are now rich
Yes those people who believed in bitcoin as scam definitely will regret once price reaches to moon. We cannot force others to join right away in bitcoin. Almost coins drops so fast but probably the following year it will increase.
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November 27, 2018, 04:40:27 PM
 #275

In a fraudulent investment scheme, like Ponzi, investors transfer their utilizable resources, be it money, goods or services, and then they end up with something which has zero utilization capacity, like promise or non-binding record of investment. After the investment, the only possible way for them to get utilizable resources back is if new investors join the scheme and in that way bring such resources with them.

BTC doesn't require new investors to maintain the illusion of value. It also does not have "zero utilization capacity." It does not have those Ponzi attributes. It may completely collapse at some point and/or all other crypto may tank or the tech transfer into something completely new, however that does not make it a Ponzi scheme.
Wayan_Pedjeng
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November 27, 2018, 04:46:32 PM
 #276

When I purchased Bitcoin for the first time in 2017 (for $900 per coin), I never thought that a few months later it will give me 20x returns. After all that, I can't complain about the current prices. Even now, the prices are around 400% higher than my purchase price.
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November 27, 2018, 04:54:06 PM
 #277

I do not even know whether you are confused. Did you really say Btc has no usage?? I have seen several instances where people use Btc to buy/pay for goods and services just like fiat do. People like you sit in an opportunity but never realizes it.

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November 27, 2018, 05:01:30 PM
 #278

yes, maybe for now it's not the right time to buy bitcoin, because I see it will continue to fall maybe it will reach $ 2500, maybe when the lowest price is really Bitcoin touch, I think it's the right time to buy it.

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November 27, 2018, 05:06:31 PM
 #279

The market is always changing, everything can change in the blink of an eye and bitcoin too. Value can not tell a good or potential coin but looking at the development process you will see the bitcoin has value or hip. At this moment, I see this is a new opportunity for me and will decide to buy some more BTC.

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November 27, 2018, 05:41:19 PM
 #280

yes, maybe for now it's not the right time to buy bitcoin, because I see it will continue to fall maybe it will reach $ 2500, maybe when the lowest price is really Bitcoin touch, I think it's the right time to buy it.
But according to me this time is very perfect to buy bitcoin because now its price is low and i think it is a very good opportunity for us and it will not come again so we need to don't lose this good opportunity and buy more bitcoin and hold it till when it will reach again 20,000 usd.
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