bitcoin over 30k

[spy100]

I was a pessimist that bitcoin will go over 20k ,now it's over 30k

From my perspective btc is worthless same as cash ...it has no value for me

I get it ,it's volatile a speculator and market manipulator dream come true ...for them it has value

Question is how will be responsible for the suicides & murders...when they start happening ?

Poor people gamble their savings now thinking they will get rich quick ...

If your not rich be careful and read a lot about crypto ,see the good side and bad side of it before you invest in it .

How is going to pay when pension funds will start investing and they will lose people's money ? As some fund managers are already playing Russian roulette...

Stupid and corrupt govs  ...that's how i blame.

[jackg]

I was a pessimist that bitcoin will go over 20k ,now it's over 30k

From my perspective btc is worthless same as cash ...it has no value for me

I value the technology, lesser so the currency. I've been watching the price and see people making predictions of it going a lot higher but I doubt I trust the current pricing or where the rise is coming from...

Question is how will be responsible for the suicides & murders...when they start happening ?

Poor people gamble their savings now thinking they will get rich quick ...

The poor and the rich alike are going to do this and I feel this is entirely the fault of governments.
People in the US in public schools afaik have NO financial education afaik, in Europe you get some education on how to file taxes, set up a business, invest (not to pull out when stuff falls - stock market) but they still don't teach much on it.

If your not rich be careful and read a lot about crypto ,see the good side and bad side of it before you invest in it .

How is going to pay when pension funds will start investing and they will lose people's money ? As some fund managers are already playing Russian roulette...

Stupid and corrupt govs  ...that's how i blame.

Pension funds look really bad just generally.

In the UK when you pay into your pension to a company, the government adds 25% on to it from what I can tell for the moment - that's a lot of money going into mismanagement pensions themselves shupd be a way for people to save for their retirement but instead they look to be a way to employ a whole other company from your own and pay someone of your breed an extortionate amount do not do very much...

[CODE200]

From my perspective btc is worthless same as cash ...it has no value for me

The fact that the opinion of an individual won't change the majority's, makes no sense on this statement. Bitcoin and fiat has a value that why people are making use of it in daily transactions. Maybe you are referring to its value in your life in a way that you are not putting that much of importance to money, I guess.

Question is how will be responsible for the suicides & murders...when they start happening ?

Poor people gamble their savings now thinking they will get rich quick ...

This is another concern. Investing is subjective and voluntary. If you would risk something, you are the one responsible  with the outcome of your action. Money is power, and its concept is deceiving. Cases of such are not isolated and reflects to many things. The market value of Bitcoin is increasing right now and people will have different assumptions of it which would affect their actions toward this technology.

Stupid and corrupt govs  ...that's how i blame.

That's far from previous statements and is not a valid argument.

[dondonk]

I regret people who suddenly invest their funds in bitcoin just because they want to get rich quick, in the last 2018 period there have been many people selling their assets, then investing in bitcoin and ending with a sad story. Hopefully this year many people will learn before deciding to invest their money.

[Sterbens]

I was a pessimist that bitcoin will go over 20k ,now it's over 30k

From my perspective btc is worthless same as cash ...it has no value for me

If there is no value and no value, then how many times have you traded and pocketed the profits from your sales in your portfolio?

Poor people gamble their savings now thinking they will get rich quick ...

It is true that someone is attracted to crypto not only in terms of the advantages that most people hear about nowadays, but as an alternative when the pandemic situation continues to be in lockdown, thus encouraging someone to organize their finances to keep growing. from time to time.

[mu_enrico]

If you see 2021 ATH, mempool wasn't as congested as 2017/2018 ATH. Maybe:
- People use segwit -> more capacity.
- People don't store BTC in their own wallet (use exchange).

or

- Average people haven't got into BTC yet, which is an obvious pump and price manipulation.

If this situation because of the first scenario, the price is sustainable to reach a higher level.

[passwordnow]

Every investor is responsible for their own actions. Bitcoin is not responsible for any loss that an investor will make. And just like the disclaimer of other investments, that is why you'll see plenty of reminders to only invest what a person can afford to lose.
It is sad when there are people that commits the unexpected and bad thing of taking their lives. Just like the guy who saw his balance on Robinhood in negative just last year.

[enhu]

For BTC, it's the security feature of BTC that makes it valuable that even 51% isn't possible. So far it didn't happen.
Sadly you might just be a pessimist still even after it broke $30K, there are optimistic who believes its price could go beyond $300K. That $30K is just a tiny part of the $300k, maybe that will change your mind about it.

[Gozie51]

I regret people who suddenly invest their funds in bitcoin just because they want to get rich quick, in the last 2018 period there have been many people selling their assets, then investing in bitcoin and ending with a sad story. Hopefully this year many people will learn before deciding to invest their money.

As at this time bitcoin has made many more profit and the margin of profit is huge bro. If you check price now and you see the difference in march last year, you will appreciate the investment in bitcoin. Last year to this time is a wise investment for those who put in their money. Surely investment is about profit and lose and for now, it is speaking profit.

[Saisher]

I was a pessimist that bitcoin will go over 20k ,now it's over 30k

From my perspective btc is worthless same as cash ...it has no value for me

The millions of traders and investors are not sharing your opinion and sentiments, they just move on and make money and taking profit from the market, while you are sulking and complaining that Bitcoin has no value, that's old thinking and to think that you are already a senior member of this forum, how did you reach that rank without even knowing there's huge profit to be made in Cryptocurrency market.

[sarmrakib]

I regret people who suddenly invest their funds in bitcoin just because they want to get rich quick, in the last 2018 period there have been many people selling their assets, then investing in bitcoin and ending with a sad story. Hopefully this year many people will learn before deciding to invest their money.

I think he who were sell their asset to buy btc if they hold their nerve till now they are surely get rich .See the price is still climbing to the up .I think btc will grow more as the game has started now .I think it will not stop before 50k$ makk .The momentum of bullish trend is looking so good to get more worth .

[Kong Hey Pakboy]

I regret people who suddenly invest their funds in bitcoin just because they want to get rich quick, in the last 2018 period there have been many people selling their assets, then investing in bitcoin and ending with a sad story. Hopefully this year many people will learn before deciding to invest their money.

I think he who were sell their asset to buy btc if they hold their nerve till now they are surely get rich .See the price is still climbing to the up .I think btc will grow more as the game has started now .I think it will not stop before 50k$ makk .The momentum of bullish trend is looking so good to get more worth .

There is a possibility that bitcoin will hit or reach the $50K mark if the momentum of the bullish trend will continue because whales are still holding their bitcoin, and institutions are continuously buying bitcoin and other cryptocurrencies. It is why bitcoin has currently created its new ATH again, which is $35K.

[LogitechMouse]

I was a pessimist that bitcoin will go over 20k ,now it's over 30k

From my perspective btc is worthless same as cash ...it has no value for me

Different people have different perspective.
You see BTC as worthless, some see it as a digital gold, some see it as their way to achieve financial freedom. It depends on the people who is into it .

Question is how will be responsible for the suicides & murders...when they start happening ?

Poor people gamble their savings now thinking they will get rich quick ...

Well, like I said it will depend on how the people decide for themselves. These things are inevitable because it will depend on how the person decide with it.
Suicides and murders often happen to those greedy people and those people who are in huge debt because of crypto. There are some people who are risking their savings thru investing it into crypto and there are some who are loaning just to have money to invest into it.

Can we blame Bitcoin for their actions?? Hell no. Bitcoin is just being used here. Blame the people for their wrong decisions.

[iamsheikhadil]

I don't get what you want to imply when you said about suicide and murders. Who will do these?

Gambling was an industry even before crypto, and people still lost their entire savings when they couldn't stop gambling and hence they might have taken extreme steps like suicide out of depression. We can't really blame Bitcoin for people using it for gambling purposes.

However, I agree to what you say about investing in it by dreaming that it might make someone rich overnight, well, it's like a big lottery, lots of people are actually really becoming rich by investing in crypto, while for many, they are in huge loss. Luck factor can never be eliminated in any form of investments, so yeah, also never put all your money and investments in one basket as they say!

[davis196]

If cash is so worthless,then why don't you just throw some cash out of the window.
Get a big pile of cash and burn it in front of your house.This is how you will prove that cash is worthless.
What suicides and murders are you talking about?Should we blame Bitcoin for the mental condition of all the people with psychic problems and gambling addictions?
Yes,Bitcoin is a speculative financial asset?And so what?Crypto trading isn't illegal.
You are like all the people,who are thinking "Bitcoin price goes up,but I have zero BTC,so I'm frustrated and I'm going to s*it all over Bitcoin in a forum".

[Reid]

I am pessimistic about it too. I even said once it won't go above $25k.
But it's not because I don't believe in it.
For me, the value of one thing is not about the price given to it. (especially in USD)
It's about the features of it. The usage. The support from the public.
I can't say I am happy with what is happening. It actually scares the hell out of me.

[Lorence.xD]

I regret people who suddenly invest their funds in bitcoin just because they want to get rich quick, in the last 2018 period there have been many people selling their assets, then investing in bitcoin and ending with a sad story. Hopefully this year many people will learn before deciding to invest their money.

There will still be people that will be doing the same shit last 2018, they are the ignorant ones that do not know that bitcoin is volatile and should never be considered as a primary investment. I am not being pessimist, I am just being realistic in the current situation. You do not have to feel bad about this people because it is in their volition that they bought at the current prices.

[btc_angela]

Every investor is responsible for their own actions. Bitcoin is not responsible for any loss that an investor will make. And just like the disclaimer of other investments, that is why you'll see plenty of reminders to only invest what a person can afford to lose.
It is sad when there are people that commits the unexpected and bad thing of taking their lives. Just like the guy who saw his balance on Robinhood in negative just last year.

Exactly, not just bitcoin but even stocks or forex or every market that involves our money, it's our own responsibility and we shouldn't blame other for our loose. And for those who committed suicide, I feel sorry for them, like the kid on that Robinhood case.

That's why before we enter crypto trading, we should understand that anytime we might lose our money as quick as we gain them, so education is the key here.

[Mauser]

I was a pessimist that bitcoin will go over 20k ,now it's over 30k

From my perspective btc is worthless same as cash ...it has no value for me

I get it ,it's volatile a speculator and market manipulator dream come true ...for them it has value

Question is how will be responsible for the suicides & murders...when they start happening ?

Why should there be murders because of bitcoins? You can't reallly rob a guy on the street and demand his bitcoin wallet and not his real wallet. In my opinion security is much better with crypto currencies than with FIAT currencies.

Also 30k is not going to be the end of Bitcoins, the rise is going to continue this year.

[Pamadar]

I was a pessimist that bitcoin will go over 20k ,now it's over 30k

From my perspective btc is worthless same as cash ...it has no value for me

I get it ,it's volatile a speculator and market manipulator dream come true ...for them it has value

Question is how will be responsible for the suicides & murders...when they start happening ?

Why should there be murders because of bitcoins? You can't reallly rob a guy on the street and demand his bitcoin wallet and not his real wallet. In my opinion security is much better with crypto currencies than with FIAT currencies.

Also 30k is not going to be the end of Bitcoins, the rise is going to continue this year.

With how healthy the market shows right now, I agree that it won't stop for now.

The value still have a big room to grow and more and more people will proceed and invest to this market, you just need to continue
working with your own perspectives.  In terms of securities as long as you are discreet with your assets you are more secured than
owning a huge amount from your bank accounts.