Attisob (OP)
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December 17, 2018, 10:45:51 PM |
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As at 16th December, 2017 a unit of bitcoin was worth an equivalent of $16,600.00 ( source Bloomberg 2018).
Some days later, Bitcoin’s price peaked to $19,511, before it began an epic slippery slope movement that would see the original crypto currency lose approximately 82 percent of it is value. As i write the value of bitcoin is averaging $4,000.
Various analysts have argued that the initial drastic rise in its price are due to several factors ranging from irrational optimism; aggregate market irrationality; cynical speculation, poorly informed investors among others.
In all honesty don't you think investing in stocks now makes better business sense than investing in bitcoin?
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Rozita
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December 17, 2018, 10:51:23 PM |
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Those who think that investing in stock market is now better, are those who believed that investing in bitcoin was better than stock market when the price was 19000 dollar.
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franky1
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December 18, 2018, 12:41:25 AM |
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comparing bitcoin now to a specific date of KNOWN temporary speculation (the bubble period) is like comparing someone buying a house in the 1990's but only using the a valuation of peak value of exact day/month of lets say 10 years ago.
however comparing today vs 2 years ago today, 3 years ago today, 4 years ago today and so on. bitcoin is still higher and better.
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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Futureglory
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December 18, 2018, 12:59:40 AM |
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Not surprise seeing this thread. The downfall of great man gives opportunity for the lesser ones to showcase their manhood. Since bitcoin is down does not give stock market shoulders over bitcoin. EVen in our weakest moment as this time I will still go for bitcoin.
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franky1
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December 18, 2018, 01:11:33 AM Last edit: December 18, 2018, 03:22:18 AM by franky1 |
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Not surprise seeing this thread. The downfall of great man gives opportunity for the lesser ones to showcase their manhood. Since bitcoin is down does not give stock market shoulders over bitcoin. EVen in our weakest moment as this time I will still go for bitcoin.
when some scream and cry the price has dropped. others hear the words "discount" just get ready folks. when the hashrate starts climbing once ASICS start getting delivered over christmas. the "whats the cheapest way to obtain bitcoin" dynamic will play out and we will start to see price supports grow.
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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Joeyvicky
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December 18, 2018, 01:12:12 AM |
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I would rather leave my investment in the shrinking bitcoin prices than in so called stock market. Bitcoin offers me several opportunity as compareed to stock whatever. THings will surely and soon change and am sure people will never compare stock market to bitcoin. Even as atnow bitcoin is quite better investment to stock market.
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jemarleon
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December 18, 2018, 03:04:20 AM |
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Investing in bitcoin must be a long term investment not like everytime the price go up you will sell your bitcoin, if you cant afford to lose what you invest on bitcoin then it is your fault investment in bitcoin and stock market has huge difference but they both have risk.
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BuyBuyBitcoin
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December 18, 2018, 03:09:05 AM |
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What's that OP? the stock markets going to crash?
We know
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BrewMaster
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December 18, 2018, 03:38:28 AM |
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In all honesty don't you think investing in stocks now makes better business sense than investing in bitcoin?
i don't really follow stocks market that much, specially the foreign ones but with a little search you can see people talking about how it is also crashing these days. so if your ONLY reason for not investing in bitcoin is because it has crashed then you should also not invest in stocks since they have also crashed! and you seem to be forgetting that in 2 years bitcoin price has increased 3 times even after this gigantic drop!
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There is a FOMO brewing...
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geminiboy
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December 18, 2018, 03:45:08 AM |
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As at 16th December, 2017 a unit of bitcoin was worth an equivalent of $16,600.00 ( source Bloomberg 2018).
Some days later, Bitcoin’s price peaked to $19,511, before it began an epic slippery slope movement that would see the original crypto currency lose approximately 82 percent of it is value. As i write the value of bitcoin is averaging $4,000.
Various analysts have argued that the initial drastic rise in its price are due to several factors ranging from irrational optimism; aggregate market irrationality; cynical speculation, poorly informed investors among others.
In all honesty don't you think investing in stocks now makes better business sense than investing in bitcoin?
in stock investments only get a minimal profit but have a small risk, if investment in other bitcoin / crypto can generate up to 10 x profit but has a high risk, you only have choices where you have to invest now, I personally better invest in bitcoin, this more promising to be better in the future
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Herbert2020
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December 18, 2018, 07:56:40 AM |
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as a trader you do not need the market to go up to make profit. nowadays there are lots of ways for making profit in a bear market while prices are falling. so you can't say entering stocks market is better than bitcoin or worse only based on how much it dropped!
additionally as a trader you need experience to be able to make profit. this means that it doesn't matter which market you choose, as long as you are a newbie in either one of them, you will lose money.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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Kakmakr
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December 18, 2018, 08:52:13 AM |
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The Stock markets are very inflated and overdue for a massive correction. Many people agree that the stock market is saturated and that 2019 will be a very difficult year for most people that owns stocks. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Bitcoin already had it's correction phase and will soon recover from that, so currently investments in Bitcoin makes a lot more sense, since the price is low enough for more people to start investing in Bitcoin. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) <Buy Low / Sell High>
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Pursuer
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December 18, 2018, 09:16:20 AM |
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that is a very unfair comparison, unfair to stocks of course because when it comes to profitability you can not compete with a new up and coming technology like bitcoin that has huge growths each turn like last year and still has a lot of potential to grow a lot more. of course that comes with higher risk but the reward is high enough to justify taking the risks involved.
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Only Bitcoin
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LogitechMouse
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December 18, 2018, 09:28:36 AM |
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Don't compare Stock Market to Cryptocurrency because Crypto is more volatile compare to Stocks but more profitable. Yeah you can say now that its better because of the recent crash happened to Bitcoin but when the price increases again, you will reverse what you have said right now. Just invest in Bitcoin now that it is undervalued ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) .
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Shiversnow
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December 18, 2018, 10:33:03 AM |
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Many people have different aspect in investment so some people will say stock market is good investment and some people will say that bitcoin is better than stock market. But, it will depend to the people who will conduct investment. And take note it will depend to the people what kind of investment will he/she choose.
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TheBunting
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December 18, 2018, 10:46:54 AM |
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I completely disagree here. The stock market is at a point where it is on the verge of complete collapse and is due a crash. I think the complete opposite. People should be selling a good position of their stocks before it crashes and maybe putting it into Crypto ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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dothebeats
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December 18, 2018, 11:05:51 AM |
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Nah, even professional stock traders see some crash looming for the stock markets, so I don't think buying in at high prices on the stock markets is wiser than buying bitcoin now. With years of greens and continuous rises, somehow the prices for stocks should fall, and that is what people are already anticipating come 2020. Also, just because bitcoin's price is in a flop doesn't mean that it is not wise to invest on it. Actually, it's better to invest and hold bitcoin right now knowing that a serious correction already happened, and we all know historically that it follows a new ATH after the said huge crash.
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saycryptohello
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December 18, 2018, 11:17:23 AM |
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the 2018 year for stock market was also not successful, so I would argue that stocks are now preferable than Bitcoin
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funchiestz
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December 18, 2018, 11:18:23 AM |
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As at 16th December, 2017 a unit of bitcoin was worth an equivalent of $16,600.00 ( source Bloomberg 2018).
Some days later, Bitcoin’s price peaked to $19,511, before it began an epic slippery slope movement that would see the original crypto currency lose approximately 82 percent of it is value. As i write the value of bitcoin is averaging $4,000.
Various analysts have argued that the initial drastic rise in its price are due to several factors ranging from irrational optimism; aggregate market irrationality; cynical speculation, poorly informed investors among others.
In all honesty don't you think investing in stocks now makes better business sense than investing in bitcoin?
I do not think so. The crypto money sector always has a potential of 10x-100x and even 1000X. But the stock market will make such a rise so difficult. Even almost impossible. But we all respect your call about investment.
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pratapbhanu
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December 18, 2018, 11:22:33 AM |
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Bitcoin is not only about investing, there are many more things that are actually being developed on Blockchain and blockchain is the future, investment in stock exchange and investment in bitcoin are two different things
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