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Author Topic: cryptocurrency addiction  (Read 2818 times)
saddambitcoin (OP)
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December 08, 2014, 12:34:26 AM
 #1

does anyone else have it?

i mean, i keep pouring money into crypto because i believe in it, but also because of the insane *highs* (and lows) that i felt throughout 2013.

b!z
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December 08, 2014, 12:38:48 AM
 #2

If you feel compelled to gamble money and it is negatively impacting your life, you may wish to seek help.
KeyserSozeMC
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December 08, 2014, 12:41:05 AM
 #3

Yes, I have a unhealthy addiction to crypto.

95% if the time I'm awake I'm online and doing crypto related stuff.
I run 5 projects atm, all crypto related. Launching one more this week.

In crypto I trust.

Peace!

Hey, smexy. Don't waste your time. Time's precious.
saddambitcoin (OP)
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December 08, 2014, 12:44:13 AM
 #4

i don't think its negatively impacting my life, i just think i'm addicted to it...bitcoin would have to go to the low double digits for me to ever lose money but i still feel compelled to buy lots of it even at today's prices.

is that gambling?  Shocked

b!z
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December 08, 2014, 12:45:21 AM
 #5

i don't think its negatively impacting my life, i just think i'm addicted to it...bitcoin would have to go to the low double digits for me to ever lose money but i still feel compelled to buy lots of it even at today's prices.

is that gambling?  Shocked

Investments can be considered gambling -- high-risk ones even more so.
JimDowJones
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December 08, 2014, 12:46:35 AM
 #6

Its not gambling when you're investing in freedom.

Dont ever forget, "Freedom is always a good bet."
b!z
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December 08, 2014, 12:50:18 AM
 #7

Its not gambling when you're investing in freedom.

Dont ever forget, "Freedom is always a good bet."

Keep telling yourself that.
KeyserSozeMC
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December 08, 2014, 12:50:59 AM
 #8

Its not gambling when you're investing in freedom.

Dont ever forget, "Freedom is always a good bet."
You don't know if BTC is freedom or hell. No one does.

Hey, smexy. Don't waste your time. Time's precious.
JimDowJones
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December 08, 2014, 12:59:39 AM
 #9

Its not gambling when you're investing in freedom.

Dont ever forget, "Freedom is always a good bet."

Keep telling yourself that.

Bitcoin is a tool that enables ever greater degrees of freedom. Can you provide any evidence as to why its bad to invest in tools that allow exponential increases of freedom to exist?

Were automobiles a bad investment because they allowed you more freedom in travel?

Was it bad to invest in computer development in the 80s when no one could see a future for it besides for visionaries like steve jobs?


Bitcoin is so disruptive its going to set a new standard for disruptive technology. I feel bad for you that you don't understand the very basic fundamentals behind it. 

 
b!z
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December 08, 2014, 01:01:59 AM
 #10

Can you provide any evidence as to why its bad to invest in tools that allow exponential increases of freedom to exist?

Because there's a high chance that you'll lose money investing in bitcoin.
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December 08, 2014, 01:08:37 AM
Last edit: December 08, 2014, 01:20:32 AM by JimDowJones
 #11

Can you provide any evidence as to why its bad to invest in tools that allow exponential increases of freedom to exist?

Because there's a high chance that you'll lose money investing in bitcoin.
What i think you meant was, "Because there's a high chance that you'll lose money short term investing in bitcoin."
Since you're so short sited Ill revise what i wrote; "In the long-term, there is no risk in investing in freedom enabling tools."
'
Of course your gonna lose money in the short term.

You need to remember that when youre talking to someone that may be playing with the idea of investing in bitcoin they almost always mean longterm. If the person was trying to play the market short term they wouldnt be asking you the question.

These discussions are always long term
b!z
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December 08, 2014, 01:49:36 AM
 #12

Can you provide any evidence as to why its bad to invest in tools that allow exponential increases of freedom to exist?

Because there's a high chance that you'll lose money investing in bitcoin.
What i think you meant was, "Because there's a high chance that you'll lose money short term investing in bitcoin."
Since you're so short sited Ill revise what i wrote; "In the long-term, there is no risk in investing in freedom enabling tools."
'
Of course your gonna lose money in the short term.

You need to remember that when youre talking to someone that may be playing with the idea of investing in bitcoin they almost always mean longterm. If the person was trying to play the market short term they wouldnt be asking you the question.

These discussions are always long term

It is not a certainty.
Mr. Burns
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December 08, 2014, 01:53:27 AM
 #13

Bitcoin is the Dream Theater or rush of its time.
b!z
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December 08, 2014, 01:58:53 AM
 #14

Bitcoin is the Dream Theater or rush of its time.

Quality on-topic post.
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December 08, 2014, 03:37:18 AM
 #15

I am also like you, I am addicted to cryptos and everything related.

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No longer under the possession of Candystripes.
Account is currently dormant.
saddambitcoin (OP)
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December 08, 2014, 06:34:06 AM
 #16

hear hear! let us embrace our addiction of cryptocurrency!


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December 08, 2014, 09:24:37 AM
 #17

i don't think its negatively impacting my life, i just think i'm addicted to it...bitcoin would have to go to the low double digits for me to ever lose money but i still feel compelled to buy lots of it even at today's prices.

is that gambling?  Shocked

Investments can be considered gambling -- high-risk ones even more so.

I had a friend that loved gambling - poker, blackjack, SportsPro, whatever. He said he won and lost thousands over the years before he decided to quit gambling. He then got into the stock market and lost tens of thousands over night. That's when he realized he actually never did quit gambling.

Investing in Bitcoins and altcoins is no different. Everyone here is gambling. Good luck!  Smiley

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December 08, 2014, 09:27:01 AM
 #18

Yep, pretty soon I'm going to be stockpiling gold and silver as well Tongue Of course I'm addicted to the idea that I can dictate my own future and not have other people spend any future earnings I have without my permission.
maku
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December 08, 2014, 11:55:40 AM
 #19

Are we talking here about gambling addiction or love for cryptocurrencies? I have trouble to differentiate between these two.
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December 08, 2014, 01:02:16 PM
 #20

Is there any scientific term for that yet? Maybe we do have a new kind of addiction.

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