Don't buy bitcoin because it won't be fine

[blocklancer8]

In my opinion, Bitcoin has proven itself in the last 10 years, Bitcoin is not nonsense or scam that takes up a lot of time for its users. In following it requires patience and good accuracy of analysis so that it does not become a misunderstanding in searching for the coffers in bitcoin.

[Colan Zolo]

If people who buy bitcoins like OP might be disappointed because bitcoin can have an advantage depending on managing, buying and then not being able to manage it will only see a continued decline. So intelligence and skills that can provide benefits to bitcoin or other cryptos.

[atayating]

I agree with you. I also think that Bitcoin has no practical use. Many people say that Bitcoin will replace gold or legal tender, but the price of Bitcoin changes every second. This is very bad, isn't it? And the purchase and use of Bitcoin needs to go through the Internet, and the elderly and children can't do this!

[lionheart78]

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Bitcoin does not promised you any profit.  that is one thing for sure.  So I kinda disagree with what you are trying to relay with your message.  The thing that bitcoin have use cases such as payment method, it surely gives itself valuation.  Besides Bitcoin is not controlled by any entity though it can be manipulated in the market which is not new since all stocks can be manipulated, even supplies of consumable goods. 

The fact that Bitcoin had established its audience and the way to mass adoption is getting clear, I can say, it is actually fine to buy Bitcoin.

[fxsurfer]

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Bitcoin does not promised you any profit.  that is one thing for sure.  So I kinda disagree with what you are trying to relay with your message.  The thing that bitcoin have use cases such as payment method, it surely gives itself valuation.  Besides Bitcoin is not controlled by any entity though it can be manipulated in the market which is not new since all stocks can be manipulated, even supplies of consumable goods.  

The fact that Bitcoin had established its audience and the way to mass adoption is getting clear, I can say, it is actually fine to buy Bitcoin.

No investment promises profit, but every investment, except crypto, has end consumers who will eventually use or consume the resource in which it is invested. More importantly, without the end consumers an investment resource would not even exist. Only things that lure investors to put their funds into fraudulent investments schemes, have no end consumers. Bitcoin is one such thing. Nobody who put their funds into Bitcoin can consume it, like food is consumed by hungry people, dollars by borrowers, picture by art lovers or gold by jewelry industry. So the only possible way for Bitcoin investors to get consumable resources - which can provide an actual benefit to them, is if new investors enter the scheme. Now, you can call this scheme payment method, new internet, money, digital gold, ... it can be widely accepted, have its audience, large investors... or whatever, but none of this can change the fact it has no end consumers which renders it a Ponzi scheme that will eventually collapse.

[chaklee1]

Actually, Bitcoin has been performing the role of a currency, a medium of exchange, a payment system for almost 10 years now. Plus, it approved itself as a store of value. People post such things because of their ignorance or bad experience with crypto. If you don’t believe in bitcoin and don’t want to buy it, it is your choice, but let others decide for themselves.

[rickyNmorty]

You've just indicated the reasons it's called invisible money. Of course it has no physical existence, nor has no common document. It's just your wallet and the number of your coins. That's why it's easily decentered and can be kept anonymous.

This got a point. We cannot see it physically because it ks the digital currency, it is in virtual world that can be used to interact with the physical goods and services.  If it does not have any value why is it then more people rather more and more people are using it. This probably got a point.

[ict]

we all will not know what will happen to bitcoin now or in the future. prohibiting buying bitcoin will worsen the condition or value of bitcoin and impact on altcoin. so the suggestion to ban buying bitcoin is very inappropriate. we can all determine the future and direction of investment so choose the best way to avoid bad risks.

[rjsmith]

Basically, bitcoin has a very good development but now somedays bitcoin market is very bed.in my opinion the market price really has been up quickly.i think the price go up and down like usual.

[MbakNarti]

For me bitcoin has hope for a good future in improving our economy or finances. Those who invest in bitcoin in the long run should better understand bitcoin and be able to see price fluctuations so that they can determine their attitude in making decisions when it's time to sell and when to buy bitcoin. If we are able to fully understand bitcoin and can resist emotions and always wait, in my opinion buying bitcoin is the best choice for long-term investments where I believe that in the next few years the price of bitcoin will rise and we will benefit through bitcoin investment.

[Wish 107.5]

It is better if you will buy bitcoin today because the price is low. Buy it at low cost instead of buying it at high price. Buy and be patient before you do trading.

[nicko122]

You've just indicated the reasons it's called invisible money. Of course it has no physical existence, nor has no common document. It's just your wallet and the number of your coins. That's why it's easily decentered and can be kept anonymous.

Despite the fact that cryptocurrencies may not seem so reliable, in fact they are safer than most other currencies around the world, especially in terms of security.

[lyks15]

I think if you are business minded it is more practical to buy. It is only like a merchandising business if you buy your products in a low price and hold it and wait for the high demand on your product you will earn more. Because when the demand is high the price will also high. So for me it is the right time to buy bitcoin when it is in the low value. It is more risky because all we knkw that bitcoin's value is not consistent but rememver that you are doing a business and business is full of risk but if you think like a businessman and you act like a business believe me you will live like a successful businessman.

[fxsurfer]

Actually, Bitcoin has been performing the role of a currency, a medium of exchange, a payment system for almost 10 years now. Plus, it approved itself as a store of value. People post such things because of their ignorance or bad experience with crypto. If you don’t believe in bitcoin and don’t want to buy it, it is your choice, but let others decide for themselves.

No, it has not. For almost 10 years now, Bitcoin has been performing the role of a classical pyramid scheme. Currency and medium of exchange have always had one one fundamental feature - consumability, i.e. end consumers were able to use them for satisfying their needs, like I explained in the OP. Bitcoin has no such feature - nobody who has it is able to satisfy their needs with it, which is why it can only be transferred from address-to-address. And the investment in the non-consumable resource which cannot be used, but only transferred from hand-to-hand is the fundamental feature of a pyramid scheme.

[carlisle1]

now you are just showing your desperation in the market regarding the price, specially since you copy pasted the same bullshit in another topic with the title Don't buy Bitcoin because it won't be fine.
it is really sad how some people don't know how to make profit and have to succumb to these methods

So you caught this copy pasting noob huh?Why not reported to the mods and DT for the right action since this is prohibited by the forum
This desperate human about the value of bitcoin wanted to bring the price down so they can easily buy and wait when the market rose again

[QuestionAuthority]

Don’t be an idiot. Bitcoin is not a Ponzi scheme. It’s a vehicle developed to support criminal activity and long cons.

Whatever the motives behind the Bitcoin's development, it still cannot be consumed by nobody in its circulation chain. Meaning, profit or benefit for investors, criminal or not, can be obtained only by using funds from new investors. Hence, Ponzi scheme.

It is definitely NOT a Ponzi scheme.  In a Ponzi scheme early investors make money off of newly injected money into the system.  With bitcoin, criminals make money by using an uncontrolled unregulated transfer of value system or con men use various schemes to convince people to send them their money using an unregulated irreversible currency.

[Woolles890]

I feel that if bitcoin provides good benefits for my daily life, the development of bitcoin makes me curious to continue to involve myself in it. Bitcoin does have an uncontrolled value but being able to be viral when it was the fantastic value. If we can manage bitcoin well then we will not feel disappointed.

[jcmansah7]

That is your opinion about bitcoin and its investment strategies and no one is responsible to convince you to change your mind but i disagree with you about the fact that you are saying bitcoin will not be fine. Bitcoin is still within the growth process and acceptance which influences its value on the market a lot. Let's wait and see what the future holds for bitcoin investments.

[Tahir460pk]

Well as market drop down a solid number of people's are panic and pressurised and they regret why not they sold it before but as the expert's suggest they are positive and recommend to wait and hold for sometime and if money than some part invest.

[ethereumhunter]

Well as market drop down a solid number of people's are panic and pressurised and they regret why not they sold it before but as the expert's suggest they are positive and recommend to wait and hold for sometime and if money than some part invest.

That person will make a lot of profit when the market recovers later because they still had a lot of bitcoin in their wallet. We should know that in every investment will have a risk and we need to accept the risk before we take action. So related with buying bitcoin, I think we need to understand that when we buy bitcoin, we have two option which is we can make a lot of profit or we can get a loss if we are too late to sell the bitcoin. But even if we are late to sell the bitcoin, we still have a chance to sell it later because the price will increase higher and in that time, I am sure that we can make a lot of profit.