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Author Topic: I PANICKED  (Read 10821 times)
blatchcorn (OP)
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August 28, 2014, 10:32:40 AM
 #1

I just invested my life savings into Bitcoin
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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bitebits
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August 28, 2014, 10:43:28 AM
 #2

As in the wall observer poll, where is the panick about? Are some trains about to leave, why? I like this 500$ bitcoin, please don't go yet!

- You can figure out what will happen, not when /Warren Buffett
- Pay any Bitcoin address privately with a little help of Monero.
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August 28, 2014, 10:47:30 AM
 #3

Well... hopefully you're 16. Cheesy
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August 28, 2014, 10:56:53 AM
 #4

sub 500 soon
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August 28, 2014, 11:46:44 AM
Last edit: August 28, 2014, 03:02:43 PM by atleticofa
 #5

I have all my savings into Bitcoin. I'm holding until 2020
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August 28, 2014, 12:19:35 PM
 #6

I just invested my life savings into Bitcoin

Should not put all eggs in one basket. Even if you are careful and do due diligent, unlucky event might still happen.
nuff
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August 28, 2014, 12:42:45 PM
 #7

I just invested my life savings into Bitcoin

I wished I did too when the price was around $120  Undecided
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August 28, 2014, 12:43:44 PM
 #8

It is the investment with biggest return you can make, if you know what you are doing. If you can survive your loss, it is a good decision
Wandererfromthenorth
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August 28, 2014, 01:04:14 PM
 #9

Whoever is putting his life savings into BTC is a fool.  Doesn't matter what will happen (I still think BTC long term is a very good investment, but regardless).

Never invest what you can't afford to lose.
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August 28, 2014, 01:15:31 PM
 #10

Whoever is putting his life savings into BTC is a fool.  [...] (I still think BTC long term is a very good investment).
These two statements contradict each other, so it seems you are the fool.

Make up your mind, it's either a good investment or its not.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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August 28, 2014, 01:23:44 PM
 #11

Whoever is putting his life savings into BTC is a fool.  [...] (I still think BTC long term is a very good investment).
These two statements contradict each other, so it seems you are the fool.

Make up your mind, it's either a good investment or its not.

It's a good investment but risky, not worth risking what you cannot afford to lose. If you consider "your life savings" something that can vanish overnight and you wouldn't bat an eye, then sure, why not, it's not my definition of "life savings" to be honest, that's what the OP and I were referring to.
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August 28, 2014, 01:30:17 PM
 #12

I just invested my life savings into Bitcoin

How much was that? If its a lot then good luck..
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August 28, 2014, 02:37:52 PM
Last edit: October 20, 2017, 08:41:03 AM by djangocoin
 #13

People are ballish about btc :]

:]
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August 28, 2014, 02:41:29 PM
Last edit: August 29, 2014, 02:56:37 PM by Ayers
 #14

you made a good decision in my view, bitcoin is a safe investement, the rising % per year say it

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Ibian
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August 28, 2014, 02:49:21 PM
 #15

Whoever is putting his life savings into BTC is a fool.  Doesn't matter what will happen (I still think BTC long term is a very good investment, but regardless).

Never invest what you can't afford to lose.
I can't afford to miss out on the upside. Been 100% in for a while now.

Look inside yourself, and you will see that you are the bubble.
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August 28, 2014, 02:59:51 PM
 #16

I just invested my life savings into Bitcoin

At what price did you get in? What prompt you do take such drastic action?

Get rich or die hard trying?

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Wandererfromthenorth
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August 28, 2014, 03:01:13 PM
 #17

Anyway I think the OP was trolling, I don't think he really put his life savings into it lmao
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August 28, 2014, 03:05:33 PM
 #18

Anyway I think the OP was trolling, I don't think he really put his life savings into it lmao

I won't be surprise actually. Seeing how many people keep getting scammed by IPO scammed coin, Ethereum, Steller, bitsahresx.

A fool and his gold are soon parted?
bit tired
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August 28, 2014, 03:05:42 PM
 #19

I just invested my life savings into Bitcoin

How much was that? If its a lot then good luck..

Some people's life savings are only $5 and other people's are $5 million. If it's only $5 then it's no big deal.
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August 28, 2014, 03:09:03 PM
 #20

Try not to panic sell now if it drops.
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