Buying Bitcoin was a worst decision of my life - page 13.

AgentofCoin

legendary

Activity: 1092

Merit: 1001

Quote from: Nagle on October 19, 2015, 02:51:47 AM

Bitcoin is zero-sum; for every winner, there's a loser. Bitcoin needs suckers like you. Thank you for supporting Bitcoin.

Interesting view point from a high ranking account.

Here are some more associations to ponder:

Sports is zero-sum; for every winner, there's a loser. Sports needs suckers like you. Thank you for supporting Sports.
Investing is zero-sum; for every winner, there's a loser. Investing needs suckers like you. Thank you for supporting Investments.
Evolution is zero-sum; for every winner, there's a loser. Evolution needs suckers like you. Thank you for supporting Evolution.

RealBitcoin

hero member

Activity: 854

Merit: 1009

JAYCE DESIGNS - http://bit.ly/1tmgIwK

Quote from: Nagle on October 19, 2015, 02:51:47 AM

Bitcoin is zero-sum; for every winner, there's a loser. Bitcoin needs suckers like you. Thank you for supporting Bitcoin.

Yea sure, so when you give a bitcoin service or create a bitcoin product, you are zero sum right?

So when you add value to the bitcoin economy, you are zero sum?

Gimme a break pal, bitcoin is a real currency, that has a real economy backing it, this is not 2013, bitcoin has already became a legitimate currency by now.

BADecker

legendary

Activity: 3906

Merit: 1373

There are all kinds of fiat gurus talking about the collapse of fiat, and how it is imminent. These folks are connected to the investment world. When a collapse comes, it will hurt everyone. But the small people will be able to pick up the pieces and use fiat for trade. It's the investors and their dreams that will be hurt worst... or even destroyed.

Same with Bitcoin. When you buy for investment purposes, who knows what will happen? The thing to do is to use it for everyday buying and selling of the products that you need for everyday life. And if you can't do this because of Bitcoin's obscurity in an area, you have an already-made business sitting right there in front of you.

Get rich through working Bitcoin, not through investing in it, which is really trusting in the work of others, and skimming off the top. Work it by buying and selling everyday things of life with it. Run your business with it.

maku

legendary

Activity: 1288

Merit: 1000

Quote from: amaclin on October 19, 2015, 07:29:42 AM

Quote from: Nagle on October 19, 2015, 02:51:47 AM

Bitcoin is zero-sum; for every winner, there's a loser.
Bitcoin needs suckers like you. Thank you for supporting Bitcoin

Unfortunately, bitcoin is not even zero-sum.
Every day miners spend several hundreds thousands dollars for heating the air outside.
These money go outside the "bitcoin system" increasing the number of losers and decreasing the number of winners

I don't think bitcoin is neither a 'zero sum game' nor losers game. I doesn't matter if you are early adopter and bitcoin milionaire.
Or you are poor soul enticed by new opportunity. Bitcoin is still positive phenomenon. Don't blame bitcoin for your losses.

amaclin

legendary

Activity: 1260

Merit: 1019

Quote from: ?? on ??

Fortunately there are still many who do not think about the price of bitcoin to fiat money. Cheesy

numismatists? Grin

all others think how much goods they can get with currency today and tomorrow.

amaclin

legendary

Activity: 1260

Merit: 1019

Quote from: Nagle on October 19, 2015, 02:51:47 AM

Bitcoin is zero-sum; for every winner, there's a loser.
Bitcoin needs suckers like you. Thank you for supporting Bitcoin

Unfortunately, bitcoin is not even zero-sum.
Every day miners spend several hundreds thousands dollars for heating the air outside.
These money go outside the "bitcoin system" increasing the number of losers and decreasing the number of winners

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: Wilhelmus on October 19, 2015, 07:04:02 AM

I don't care about what Bitcoin's worth. Bitcoin will never grow if everyone looks how much it is worth fiat money. Maybe you're losing thousand dollars everyday because 1$ lose 0,00045€ value everyday, but does it hurt you ?

Well it's easy for you to say that when you didn't lose half of your investment. This however hurts quite a lot when it happens.

I know it's OP's fault that he got into this investment when Bitcoin was in a bubble, but however a bit of compassion is not bad to have and show.

troleybüs

legendary

Activity: 1424

Merit: 1001

I think the exact opposite. Meeting with Bitcoin changed my life forever. Price can go up or down, but the fact is this technology gives me my financial freedom. I don't have to fear banks or government anymore. They can't seize my Bitcoins as easy as my bank account funds.

Wilhelmus

newbie

Activity: 44

Merit: 0

I don't care about what Bitcoin's worth. Bitcoin will never grow if everyone looks how much it is worth fiat money. Maybe you're losing thousand dollars everyday because 1$ lose 0,00045€ value everyday, but does it hurt you ?

jubalix

legendary

Activity: 2632

Merit: 1023

Quote from: Nagle on October 19, 2015, 02:51:47 AM

Bitcoin is zero-sum; for every winner, there's a loser. Bitcoin needs suckers like you. Thank you for supporting Bitcoin.

Actually FIAT is zero-sum, not so much BTC, as BTC carves out value representation from FIAT

jubalix

legendary

Activity: 2632

Merit: 1023

Quote from: ridery99 on October 11, 2015, 10:32:02 PM

How many of you can admit that buying Bitcoin was a worst decision of your life? I can. I'm approximately -50% in fiat funds now.
Sooner or later some type of bank chain or coin will come and gain mass adoption - while bitcoin still remaining a geek coin
to buy weed.
I know this forum is more like a cult than a information channel what comes to honest opinions but I know there's others
on this forum who feel the same, almost all of us. Don't let your cult believer ego come in the way.

Sorry to hear this.

It is going to be near impossible for banks to use or make a chain that anyone trusts, as the open source nature makes it hard to turn a profit for banks or govs to control.

further all the best devs are in BTC land, and unlikely to move.

to some extent converting to from BTC to Fiat, is not what BTC is about, rather its about the percentage of BTC you hold vs all btc ever and the implications of the activities around the ledger.

Denker

legendary

Activity: 1442

Merit: 1016

Quote from: lexuz on October 19, 2015, 02:37:46 AM

Even though many people say is not worth if you invest in bitcoin, i was thinking what they said it's wrong. Perhaps now price bitcoin still low but bitcoin will increase more then now, soon.

This is because Bitcoin still is very new technology and not known or not well known by the ones who have heard or read about it.
New things always evoke scepticism and doubt.
But that is also the advantage for the brave ones who are willing to take the risk in early stages.These guys will get wealthy if the "new strange thing" should really go big and global.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: Nagle on October 19, 2015, 02:51:47 AM

Bitcoin is zero-sum; for every winner, there's a loser. Bitcoin needs suckers like you. Thank you for supporting Bitcoin.

you're the winner i guess, that sum zero game is also true in everything in our real life, hell RL itself is a zero-sum game

it's how life work, not everyone can succeed, what it bother me is this is true, even if, instead of 7B we were let's say 1k only...so it's not direct about overpopulation

coinplus

legendary

Activity: 1386

Merit: 1058

Quote from: lexuz on October 19, 2015, 02:37:46 AM

Even though many people say is not worth if you invest in bitcoin, i was thinking what they said it's wrong. Perhaps now price bitcoin still low but bitcoin will increase more then now, soon.

Yes who are all thinking bitcoin investment as worst decisions, they all will feel like a best decision in life. Yes, there is a point of changing our thoughts when bitcoin hit higher prices. In 2016 the worst decisions would be praised as one of the most wisest decisions of your life time.

Nagle

legendary

Activity: 1204

Merit: 1002

Bitcoin is zero-sum; for every winner, there's a loser. Bitcoin needs suckers like you. Thank you for supporting Bitcoin.

lexuz

hero member

Activity: 714

Merit: 500

Me, myself and I

Even though many people say is not worth if you invest in bitcoin, i was thinking what they said it's wrong. Perhaps now price bitcoin still low but bitcoin will increase more then now, soon.

designerusa

legendary

Activity: 2310

Merit: 1028

Well just like every other option bitcoin as money has bubbles and lows.
You need to think it as "exchanging local-foreign money".
So it is more dangerous than other foreign moneys but future is bright.
Noone will regret their investment on bitcoin. See you in 5 years.

danherbias07

legendary

Activity: 3318

Merit: 1133

Leading Crypto Sports Betting & Casino Platform

Quote from: nydiacaskey01 on October 18, 2015, 09:07:43 PM

I ever thought or consider bitcoin as a worst decision I ever made because bitcoin somewhat helped me when i'm short with money and it opened more opportunities to earn a side income in this site.

Here is a positive reaction. Oh great!! Side income and more opportunities. That is what we all want. I guess he just bought the bitcoin and let it stay in his bitcoin bank and thought it will grow. Even a tree needs to be watered and get sunlight to grow man. Patience and effort.

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

Quote from: matrix zion on October 18, 2015, 11:44:13 PM

Quote from: ridery99 on October 11, 2015, 10:32:02 PM

How many of you can admit that buying Bitcoin was a worst decision of your life? I can. I'm approximately -50% in fiat funds now.
Sooner or later some type of bank chain or coin will come and gain mass adoption - while bitcoin still remaining a geek coin
to buy weed.
I know this forum is more like a cult than a information channel what comes to honest opinions but I know there's others
on this forum who feel the same, almost all of us. Don't let your cult believer ego come in the way.

I don't think crypto currencies is the right thing for you.
There is nog guarantee you make money, you can lose it also.Please be patient or just sell them.

it is funny that this topic was started as the price started to go up after such a long time. and it has grown nearly fifty dollars in that time.
OP should seriously make more of these topics, so we can go up to the moon

matrix zion

sr. member

Activity: 381

Merit: 251

Quote from: ridery99 on October 11, 2015, 10:32:02 PM

How many of you can admit that buying Bitcoin was a worst decision of your life? I can. I'm approximately -50% in fiat funds now.
Sooner or later some type of bank chain or coin will come and gain mass adoption - while bitcoin still remaining a geek coin
to buy weed.
I know this forum is more like a cult than a information channel what comes to honest opinions but I know there's others
on this forum who feel the same, almost all of us. Don't let your cult believer ego come in the way.

I don't think crypto currencies is the right thing for you.
There is nog guarantee you make money, you can lose it also.Please be patient or just sell them.

Topic: Buying Bitcoin was a worst decision of my life - page 13. (Read 16021 times)