Topic: Don't buy bitcoin because it won't be fine - page 12. (Read 4749 times)

Just wondering why you are here if you have doubts of Bitcoin? Cant you read price charts? Bitcoin is on its consolidation phase, just take a look of 2014 price chart. After this we will see a massive price increase.

If you think Bitcoin is not good then you can not invest in it. No one can force you to do that. But for those who see the potential for bitcoin investment they can invest as many of them Want and exempt is a smart investment

In comparison with the other cryptocurrencies, Bitcoin is the safest one. Its volatility now is very low, and BTC is the best investment now. In 2019 it will gain a lot as I believe.

I think that with Bitcoin and other good cryptocurrencies everything will be normal. Many projects can die, but strong and high-quality projects will survive.

Completely agreed to your point, even if we think about gold, its just a metal but high demand has increased its value else its not a necessity for anyone, being a decentralize currency Bitcoin is accessible to everyone and w/o any third party intervention, its the common people who increase or decrease demand, one need not to be worried about bitcoin physical presence or its use till the time it has high demand.

I guess the post was created due to Bitcoin volatility and its intangible features

This is just insane if you do not buy bitcoin now. Bitcoin is at a good support and I can bet that you will never ever see bitcoin below 6000$. If you are tech lover and you know about the future changes, then you will realize that bitcoin and other crypto currencies are here to stay.

How can people say that bitcoin wont be fine especially when the market is stable and there is always something that can make the price raise up again like halving, maybe those people are trying to discourage others without any good reason that they will benefit in the end.

Dont buy your story because it wont be true lol

Bitcoin is so fine and will get more finest in future,for over 10 years now this coin has given the people more opportunities in life.many jobless makes profit,students that gain money to support their studies and businessman becomes investors.this is what bitcoin is all about

The choice to invest in bitcoin or not is yours so don't sound so sure that bitcoin is never going to be fine again. In my opinion, bitcoin has performed excellently well and has stood every possible test of time within the past ten years of existence.

Because many users who are still afraid and panic then make the market has not changed and recovered. because most investors are still hesitant so there has been no surprising change. this happens because there are too many FUDs like this topic. I hope not many people are consumed by this title and contribute to the dump

Currently, bitcoin is increasing, so why not buy bitcoin? As I see it, maybe these are some people who can not buy bitcoin or maybe gossip that makes people wanting BTC to make money is hesitant and afraid. But I like the meaning of this news .

Well if you don't want to buy bitcoin maybe some other people wanted to buy it, and why you know that it won't be fine do you have a super power? I believe that bitcoin price or maybe volume is really unstable so if we can see that it is falling today we cannot really say that it will still fall tomorrow. Everything in crypto may change so all that we can really see is just a prediction and it doesn't have an assurance at all.

I'll take my chances

I think that this bitcoin has good and extraordinary benefits, so if you buy bitcoin, you are good at managing it. With Bitcoin, we can learn to be patient in trading, if we have patience, we will find an advantage.

Well, there is an argument here also because Bitcoin has a limited amount of coins, unlike FIAT, which for me is the biggest Ponzi of them all, because they keep printing more and more of it. I think Bitcoin is much less of a PONZI and has a technology attached to it, unlike paper money aka FIAT, which is just an IOU and it is only built on pure trust, that we trust the central banks and governments to give us what is the value written on that piece of paper. You know what? That same piece of paper ten years down the line will be worth a hell of a lot less than it is now and I won't be able to buy the same things then as I can now because the value will be dumped, unlike Bitcoin, which has more chance to go up because there will be less of it being mined every four years.

Well, criminals are just people who have committed a crime and as such they are not immune to Ponzi schemes. A Ponzis scheme is NOT when early investors make money off of newly injected money into the system, because every investment fits that definition. For e.g.  if you had put 1000 USD into Apple stock at the beginning of the year, and sold it today, you, as an early investor, would have made money off of newly injected money into the system - which is injected by new investor, the buyer of your stocks. So, is Apple a Ponzi? No. A Ponzis scheme is when investors put in consumable resources  - resources with the capacity to be used, consumed or practically utilized by end consumers for satisfying their needs, and end up with non-consumable item which has no end consumers and as such it cannot be used by anyone. For e.g. a car is used by end consumers for driving, a dollar for settling loan obligations, food for providing nutritional support, a raw material for producing finished products etc. Hence, investing into dollar, car or food industry,  crude oil, etc., is a not a Ponzi scheme because funds are transfered into something that is used for satisfying actual human needs, and these needs are the very reason why economic activity that produces and trade consumable resources exists. But, when funds are transfered into bitcoin - a number associated with an address, this is a Ponzi scheme because this number cannot be used for satisfying actual human needs. Instead, it can only be transferred from hand-to-hand, from member-to-member, from address-to-address. If an owner of this address is criminal, nothing changed - Bitcoin is still a non-consumable item and thus, putting your funds into it is investment into a Ponzi scheme.

That person will make a lot of profit when the market recovers later because they still had a lot of bitcoin in their wallet. We should know that in every investment will have a risk and we need to accept the risk before we take action. So related with buying bitcoin, I think we need to understand that when we buy bitcoin, we have two option which is we can make a lot of profit or we can get a loss if we are too late to sell the bitcoin. But even if we are late to sell the bitcoin, we still have a chance to sell it later because the price will increase higher and in that time, I am sure that we can make a lot of profit.

Well as market drop down a solid number of people's are panic and pressurised and they regret why not they sold it before but as the expert's suggest they are positive and recommend to wait and hold for sometime and if money than some part invest.

That is your opinion about bitcoin and its investment strategies and no one is responsible to convince you to change your mind but i disagree with you about the fact that you are saying bitcoin will not be fine. Bitcoin is still within the growth process and acceptance which influences its value on the market a lot. Let's wait and see what the future holds for bitcoin investments.