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Author Topic: Daily reminder if you held the bag, you are a fool and will be a loser in life.  (Read 3598 times)
STT
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May 15, 2020, 06:14:29 PM
 #61

Every market has shakeouts, totally natural.   You cant eat a bitcoin they might say it criticism, totally true and people have a hundred valid reasons to sell and use the value elsewhere so BTC can always go down and touch bottom again but the point is it does have a use especially in this increasingly volatile, distant but interlinked global economy we have and it provides a secure transaction.   I've doubted Bitcoin myself before and after starting using it, I guess we will all doubt it again along the way but hopefully I've learnt not to sell out everything.
   I like old threads like this that remind us of 'ancient' perspective that at the time was perfectly valid,   I totally know the context for all the first page posts and I dont mind discussing it with anyone more recent for context or whatever.   The fallout after 2013 was pretty epic though I remember alt coins were still fine in 2014 so it was ok from my perspective just about, the guy who commented about 2016 was dead on and I see he is still active here also.
  I sold BTC in 2016 I'll admit, bad lull but I literally wrote down early 2017 theres a trend forming here and held all from then on.  Its hard to know in the midst of it all just like now imo.

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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May 15, 2020, 06:40:50 PM
 #62

  I like old threads like this that remind us of 'ancient' perspective that at the time was perfectly valid.

But these threads were from a crop of psycho bears who were hell bent on jamming their point up your arse. There were tons of them in 2014/15 and none of them were interested in listening what anyone else had to say. They only existed to grind out their same old points over and over again.

If it had been a reasoned discussion between someone taking a balanced view then it would be worth reading. As it stands it's the ejaculation of a near extinct breed. I noticed their attempts after 2017 were much, much weaker.

It has historical merit more towards the type of creeps who descended at that time.
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