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Author Topic: BITCOIN TRUST PROBLEMS: Bitcoin Investers will want to know about this risk...  (Read 735 times)
FatFork
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July 12, 2020, 09:52:54 AM
 #41

Bitcoin Price is now hovering around 9200 on 10 July 2020....   I will be happy to come back here in a month, 6 months, 1 Year,  and give credit to whoever is proven right   Grin

Why haven't you done it yet? You keep talking bullshit here, for how long now? A year? Two years? Can you ever admit that you were wrong?

Will you be man enough to show up here and admit you were wrong if price goes down ?


Will you be... oh, wait! Looks like we already know the answer to that one. Grin

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July 12, 2020, 10:15:07 AM
 #42

Bitcoin Price is now hovering around 9200 on 10 July 2020....   I will be happy to come back here in a month, 6 months, 1 Year,  and give credit to whoever is proven right   Grin

Why haven't you done it yet? You keep talking bullshit here, for how long now? A year? Two years? Can you ever admit that you were wrong?

Will you be man enough to show up here and admit you were wrong if price goes down ?


Will you be... oh, wait! Looks like we already know the answer to that one. Grin


Bitcoin became more stable and it takes time to wait a raise. More and more people use bitcoin and they trust bitcoin or have to trust. It is very important to keep the private keys in a safe place.
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July 12, 2020, 10:28:40 AM
 #43


Then what if you are wrong?then you will be the "Fool that will not  receive rewards"?


Bitcoin Price is now hovering around 9200 on 10 July 2020....   I will be happy to come back here in a month, 6 months, 1 Year,  and give credit to whoever is proven right   Grin
make sure that you will do that OK?because most Shill like you shuts their mouth once the Bull market comes and proven them wrong.

Will you be man enough to show up here and admit you were wrong if price goes down ?


I will gladly wait mate,and if does happen Mind to Give me a Buzz so i will make my statement and admit my mistake?(though i am rpetty sure this will never happen)

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July 12, 2020, 10:45:05 AM
 #44

Investing in bitcoin is really risky and it is pretty known by many people, that's true, investing and trading are both can lose your money especially if you don't know much about it, we have different perception about bitcoin, for me bitcoin is safe, there are many bitcoin ends who have their own beliefs about something so if someone corrects him he will not believe easily because of his beliefs but if you are going to give some proofs or evidence they may change their mind and will give trust on you. It's just a matter of knowledge, for all the beginners you should try to put effort into gaining knowledge, it will benefit you a lot.
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July 14, 2020, 12:23:27 PM
 #45



https://twitter.com/PeterSchiff/status/1282842502068932614

Hard, honestly you could really do with seeking out a more productive hobby. This one will not nourish your soul or do anything to change the world for the better.
HardFacts (OP)
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July 14, 2020, 05:36:51 PM
 #46


Hard, honestly you could really do with seeking out a more productive hobby. This one will not nourish your soul or do anything to change the world for the better.

If the BitCoin price stayed in the range it is stuck in now, just below $10,000.00 , I expect most people would hold it forever....

The REAL question, is at what one PRICE POINT do you throw in the towel, and sell your BitCoin ??     $5,000.00       $1,000.00      $100.00     $1.00



Hard Facts
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July 14, 2020, 07:46:50 PM
 #47

The REAL question, is at what one PRICE POINT do you throw in the towel, and sell your BitCoin ??     $5,000.00       $1,000.00      $100.00     $1.00


Well, it depends. What color is the towel?
For example, I personally just hate brightly colored towels. I would throw them in right away.

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kawetsriyanto
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July 14, 2020, 11:10:18 PM
 #48

As you know, everyone who is involved in Bitcoin, hold and trade Bitcoin should have understood the risks of these. Yeah, it really offers high risks. But, the risks will also depend on our strategy and the right decision. If you are only a follower based on the hype only without any self-analysis, yeah, the risks will really harm you, you will lose everything and you will not trust again in BTC.

But, of course, it is not as difficult as you say. here, everyone who is really gaining in BTC will always have our own consideration based on our making-decision, not based on hype. Our trust is based on the value of BTC. It is not only about how to earn more profits or lost. However, it is about technology, about what we can gain with this technology. This is about investment, not only about making money, this is greater than only making money.

but, whatever I said, you will not believe it because you only hate BTC. Well, for everyone who thinks the same, better you out of the risks that you may take. Please noted, every investment will always consist of risks. But the risk will depend on how you manage and overcome it.

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July 14, 2020, 11:23:23 PM
 #49

Online is not a place where you can easily earn money. You do not have to work hard to earn money from here. But a few times more than that will give you the Mental turmoil. You must rely on Bitcoin otherwise it is better not to spend money here.
TitanGEL
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July 15, 2020, 01:04:05 AM
 #50

As you know, everyone who is involved in Bitcoin, hold and trade Bitcoin should have understood the risks of these. Yeah, it really offers high risks. But, the risks will also depend on our strategy and the right decision. If you are only a follower based on the hype only without any self-analysis, yeah, the risks will really harm you, you will lose everything and you will not trust again in BTC.

But, of course, it is not as difficult as you say. here, everyone who is really gaining in BTC will always have our own consideration based on our making-decision, not based on hype. Our trust is based on the value of BTC. It is not only about how to earn more profits or lost. However, it is about technology, about what we can gain with this technology. This is about investment, not only about making money, this is greater than only making money.

but, whatever I said, you will not believe it because you only hate BTC. Well, for everyone who thinks the same, better you out of the risks that you may take. Please noted, every investment will always consist of risks. But the risk will depend on how you manage and overcome it.
Many are aware on how risky is the bitcoin investment but only few people are willing to handle the risk very well. I'm not even surprised when I hear someone lose money because majority of the investors doesn't give a care on what type of investment that they are into.

Growing our bitcoins is hard but it will become easy if we will polish our skills and improve what we know. As a trader, my first focus is not earning bitcoins but learning new things. We should remember that we cannot grow our investments if we do not have knowledge on what it is.

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carlisle1
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July 15, 2020, 04:42:23 AM
 #51





Hard Facts
What Concerns You if People will hold their  bitcoin to the Grave,would this affect your life forever?

I just noticed that all your thread and post are against bitcoin Supporters,Why is that?don't you have    money to buy bitcoin and Hold like what others do?

Online is not a place where you can easily earn money. You do not have to work hard to earn money from here. But a few times more than that will give you the Mental turmoil. You must rely on Bitcoin otherwise it is better not to spend money here.
That is why it is called investment because we can afford to wait or we can afford to lose,What we have here is taking a chance to make profit doing nothing and this is what  OP can't understand and accept.
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July 15, 2020, 07:52:33 AM
 #52

Investing in bitcoin is really risky and it is pretty known by many people, that's true, investing and trading are both can lose your money especially if you don't know much about it, we have different perception about bitcoin, for me bitcoin is safe, there are many bitcoin ends who have their own beliefs about something so if someone corrects him he will not believe easily because of his beliefs but if you are going to give some proofs or evidence they may change their mind and will give trust on you. It's just a matter of knowledge, for all the beginners you should try to put effort into gaining knowledge, it will benefit you a lot.
The risks are only coming up if you do not have knowledge about it, the bitcoin investment is becoming risky whenever a certain trader or investor do not what they are getting into. There are a lot of investors are losing money from the bitcoin investment and I think they are not aware what is the real reason, for me lack of knowledge and lack of skills are the main factor why there are a lot of investors that are failing to reach their goal. It is better to make investment first in our knowledge than in any types of investment.
Wind_FURY
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July 15, 2020, 11:08:27 AM
 #53



https://twitter.com/PeterSchiff/status/1282842502068932614

Hard, honestly you could really do with seeking out a more productive hobby. This one will not nourish your soul or do anything to change the world for the better.


He's an anti-Bitcoin troll, pretending to be a gold bug, probably a big blocker. Those people in the community who never cared about the design-decisions made by the Core developers to maintain Bitcoin's main value proposition.

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Lanatsa
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July 15, 2020, 12:18:11 PM
Merited by milewilda (1)
 #54

Investing in bitcoin is really risky and it is pretty known by many people, that's true, investing and trading are both can lose your money especially if you don't know much about it, we have different perception about bitcoin, for me bitcoin is safe, there are many bitcoin ends who have their own beliefs about something so if someone corrects him he will not believe easily because of his beliefs but if you are going to give some proofs or evidence they may change their mind and will give trust on you. It's just a matter of knowledge, for all the beginners you should try to put effort into gaining knowledge, it will benefit you a lot.
The risks are only coming up if you do not have knowledge about it, the bitcoin investment is becoming risky whenever a certain trader or investor do not what they are getting into. There are a lot of investors are losing money from the bitcoin investment and I think they are not aware what is the real reason, for me lack of knowledge and lack of skills are the main factor why there are a lot of investors that are failing to reach their goal. It is better to make investment first in our knowledge than in any types of investment.

You do just mention about the basics and we are talking about hodling directly talks with BTC.On the image above given on how long this sub 10k price would last then no one really knows

and the fact on the result shown on said survey which people do hardly support it until into their grave.This might not be that accurate but you can see that people arent really just

jumping in for the sake of short term expectations.

R


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thegoatiest
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July 15, 2020, 12:38:15 PM
 #55

Hard Facts --- he missed the boat. Clearly, so spends his time trying to convince the world he missed a sinking boat.
He seems to idealize Peter Schiff > So they both lost money on Bitcoin, both are anti-bitcoin for personal reasons.

Case closed? why is anyone even talking to this guy..
ChiBitCTy
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July 15, 2020, 02:41:48 PM
 #56

I spent over a year studying bitcoin and cryptocurrency before ever buying. I think I'm to the extreme in the case being a financial advisor, but as for anything, you should always know the risks before "investing".  Bitcoin is not inherently an investment however either.  As for bitcoin being "too risky"..not the case.

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July 15, 2020, 09:25:09 PM
 #57

I spent over a year studying bitcoin and cryptocurrency before ever buying. I think I'm to the extreme in the case being a financial advisor, but as for anything, you should always know the risks before "investing".  Bitcoin is not inherently an investment however either.  As for bitcoin being "too risky"..not the case.
I think agreeing that not everyone must be interested in cryptocurrency is a pain in the ass for some people.
Was difficult thee for them to understand? Yes you’re not interested in Bitcoin, but should you force your opinion on others?

Nah, it never works that way, they are all still entitled to their own opinions. And what I have come to realize with these anti-bitcoin people is that they are once people that maybe lost their money in Bitcoin, because they had no former understanding of what cryptocurrency is about, and then they lost their money. Bad luck for them for not doing their research in the beginning.

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July 18, 2020, 06:56:56 PM
 #58

And what I have come to realize with these anti-bitcoin people is that they are once people that maybe lost their money in Bitcoin, because they had no former understanding of what cryptocurrency is about, and then they lost their money.

How intellectually DISHONEST to not be able to imagine that someone disagrees with you based on economic knowledge and research....    Most people here are so intellectually limited, that they always must invent some crazy " reason " why someone would not trust BitCoin.

I never lost money on BitCoin, I know enough to NOT buy or trust it as an investment.   I would be open to TRADING BitCoin to make a profit, but I can not predict the price...  Although the price of BitCoin does seem to be loosely correlated to the STOCK MARKET   Grin Grin Grin

I wonder if BitCoin will crash when the Stock Market does Huh

Hard Facts
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July 22, 2020, 04:34:35 PM
 #59

BITCOIN INVESTORS:   There are some very serious potential problems and RISKS with Bitcoin Trust...  Any rational investor would take 10 minutes to eduate themselves about risks, listen to the information in the link below.

https://youtu.be/bSOEywn-2hw?t=2264

BITCOIN BELEIVERS:    Will never let any facts or information change what they want to beleive.   Like any cult like " beleiver ", they will deserve exactly what they get when they are wiped out.   Fools so not deserve to be rewarded.

Hard Facts

Then why you are wasting your time here, anyone that spends hours per day in this forum probably fits the definition of a bitcoin believer and they will never change their mind no matter what kind of supposed evidence you present, besides even if bitcoin has problems then what is the alternative? Fiat? We have been trying that alternative for decades now and it is a system that benefits only the rich and the governments, that for most purposes are one and the same.

Do you want us to go back to gold? Gold was great, a century ago, now that most transactions are done on line gold simply is not up to the task as such the only realistic option we have is bitcoin despite whatever issues it may have.
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July 22, 2020, 05:24:08 PM
 #60

It is honestly too difficult for me to understand what OP is is trying to emphasize here.

What is the big differences between the category of "bitcoin investors" and "bitcoin believers". Because, I will become an bitcoin investor only after if I start believing into bitcoins. It means both investors and believers belong into same category.

What is the point of believing into bitcoins but not making any investments on bitcoins? I believe bitcoin so I hold bitcoins (the opposite will be, I had lost the belief on bitcoin's future hence I have sold my bitcoins).

When I am not getting into the category of different bitcoin people, I guess I do not need to go further into your subject of "trust problem". It seems it is really a hard fact to interpret Wink.
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