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Topic: Global stock markets tumble, oil became worthless... (Read 617 times)

legendary
Activity: 1540
Merit: 1000
Why the hell is Bitcoin the one that's considered extremely volatile and risky?  Huh

The bitcoin dropped 20% in a day a week ago. It rose 10% yesterday. Do you think bitcoin price is volatile?

It's only volatile if you're using it for speculative investment.
newbie
Activity: 28
Merit: 0
Hi, guys, newly registered to the forum, but have been follwoing it for a while. Considering that markets generally go down recently, is it possible that investors shift their interest to cryptocurrencies in general and specifically - Bitcoin, creating new buzz in developed countries? 
hero member
Activity: 630
Merit: 500
Why the hell is Bitcoin the one that's considered extremely volatile and risky?  Huh

Bitcoin is very volatile and has has been since the start which is witnessed through it's lifespan.
legendary
Activity: 3248
Merit: 1070
Someone posted a picture of their portfolio and absolutely everything was red except Bitcoin and Bitcoin investment trust holdings, the rest was a massacre. I wish I didn't had Mike Hearn ruining the price so the difference would have been even bigger.
Actually found the pic:

snip

lol, talking about "not to put all your eggs in one basket", i always said that too many investments is not good at all, that's what you get, since only few all them will really be profitable
full member
Activity: 140
Merit: 100
Just like bitcoin most of those will bounce back to where they were before and then some. Just wait a few days/months and it will happen.
legendary
Activity: 1372
Merit: 1252
Someone posted a picture of their portfolio and absolutely everything was red except Bitcoin and Bitcoin investment trust holdings, the rest was a massacre. I wish I didn't had Mike Hearn ruining the price so the difference would have been even bigger.
Actually found the pic:

sr. member
Activity: 687
Merit: 269
I'm surprised that franky posts something meaningful, sometimes.
legendary
Activity: 4270
Merit: 4534
oil worthless??
you mean worth.......... less

the lower the price the better.. people will want it more the cheaper it is.
stockpile it while its cheap Cheesy
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
Bitcoin has not yet been properly established and is volatile to shocks.
legendary
Activity: 1137
Merit: 1035
Bitcoin accepted here
There are stocks that lost way more yesterday
sr. member
Activity: 672
Merit: 250
Why the hell is Bitcoin the one that's considered extremely volatile and risky?  Huh

The bitcoin dropped 20% in a day a week ago. It rose 10% yesterday. Do you think bitcoin price is volatile?
legendary
Activity: 1137
Merit: 1035
Bitcoin accepted here
Why the hell is Bitcoin the one that's considered extremely volatile and risky?  Huh
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