Topic: How foolish are people who invest in Bitcoin? - page 50. (Read 6650 times)

Well,I think There are many many people investing in bitcoin, they want for better life that's why they grabbed the opportunity with bitcoin. People who have already invest in bitcoin, they are hoping that the price will boom again. Don't say that they are foolish, they are wanted to make their life better.

I believe that they are not foolish, they only wanted a constant change, and maybe they found out that bitcoin can really change life. So then many people around wanted to invest in bitcoin because they know that they can maybe get a huge amount of profit in the near future. Bitcoin is really amazing it is really a new hope.

those who invest in bitcoin I think they are stupid they have seen the potential of such as the value of bitcoin or other digital coins they dare to spend one to get 10 then nothing to call them silly They are very intelligent and sensitive

Bitcoin fork which changed incentive design is not bitcoin.

I’d like to summarize the story that “bitcoin” and “four-leaf clover” are both “situations”.

If I get a four leaf clover, I am happy.

It is because it is unusual and because it has a “situation brand” called “four leaf clover”.

“Brand of the situation” refers to the situation that “the four-leaf clover is rare, and it is said to be lucky.”

But what if you give a four-leaf clover of genetic manipulation and other similar plants as a “four-leaf clover”? I hope not to know that, but I am not happy if I know it.

Why?

It is not glad because it is not suitable for calling it a four leaf clover.

In other words, the four-leaf clover is a situation that is happening because someone began to say, “Four-leaf clover is rare and lucky”.

The clover which is made artificially into four leaves is out of the situation of “four leaf clover”.

The important thing here is roots which is said to be lucky.
It is not lucky unconditionally if it is a four leaf. It is important that the situation began calling “four leaves clover” for “four leaves that happen to be found in the three leaf clover”. It is impossible to ignore that.

For example, suppose someone spreads the propaganda that “the four-leaf clover was originally a symbol of bad luck”.

If it spreads, the evaluation of the four-leaf clover may disappear.
There is the possibility that ‘five-leaf artificial clover’ spreads instead.
Rather, the four-leaf clover itself may be someone’s business.

What is important is whether “the situation that has been defined as such” continues.

Are there still many people saying that “four-leaf clover is lucky?”

What about bitcoin?

In the case of bitcoin, consistent conclusions do not come out because the definition of “four leaf” differs from person to person.

Since definition is not clear, I think that propaganda such as “bitcoin cash is real bitcoin” will occur naturally.

So where is the definition “bitcoin is four-leaf”?

bitcoin fixes serious bugs and has not changed rules for a long time since it started working.
In particular, changes in incentive design, such as mining and fees, will not be expected in the future.
What does it mean to change parts related to incentives?

In terms of the four leaf clover, for example, “Changing the appearance rate of four-leaf” and “Say something bad about four-leaf” are the changes to the incentive design.

• On the other hand, ASIC is like “soil that grows a lot of clover”.That’s not the case.
  
• SegWit is also in place to prepare an environment where clover is easy to grow up.That’s not the case.Incentive design has not changed.
  
• LightningNetwork naturally does not mention the incentive design.
  

Even if some people make profits, it is not a change of rules, since it is a contrivance after obeying the rule of “ Game of get the four-leaf clover” .

In other words, I think that changing fundamental “incentive design(on 1st layer)” may fall into the four-leaf clover of genetic manipulation, or the propaganda of “four leaves are evil”.

“Bitcoin fork which changed incentive design is not bitcoin.”

I think that this proposition is room for discussion.

Thanks

I think now is a good time for investing in bitcoin,there is some certainty that this coin will be in demand in the future, the product that is in demand has a good price tag.

So you are the smarter one. I will keep my foolish on believing bitcoin and cryptocurrency. There no eternal on this world and everything will have an end, but before it ends, i want to get much profit more by invest on bitcoin. Just let me be a foolish one.

Put resources into bitcoin is a decent venture, there is the vulnerability in the market. That is the reason the estimation of bitcoin keeps on diminishing and keeps on developing and it will likewise hurt the financial specialists and the venture won't be disillusioned by the interest in bitcoins.

This feels a bit like a troll post. Well played sir.

I do not agree with your words. Because for me Bitcoin is the most profitable investment assets compared to other investment assets. And the people who invest in Bitcoin are intelligent people who believe that Bitcoin can change their lives. Bitcoin is not over yet, Bitcoin can still continue to grow to be better and show a high price. I know Bitcoin's growth is unpredictable and we all do not know how long Bitcoin endures. But as long as Bitcoin is still there, I will continue to invest in Bitcoin before I will finally regret it.

I can't really tell if this dudes post is satire or what he's saying people are fools to make money on bitcoin I don't get it lol?

Would you call one person a fool if he/she make a profit amounting to thousand of dollars from btc while you're not? Look at those you're calling fool, they earned money that they can't earn in their daily job. You're only a fool if you didn't make a profit and lose your invesment by not taking care of it.

it means that they want to invest money from the results obtained from altcoin or from their own business and trying to get more money with bitcoin investment. but if they sell a house or a valuable item in hopes of getting more money out of capital and not thinking about big risks. that can be said to be stupid.

The foolishness of some people is the peak of intelligence of some other people and exactly what bitcoin is all about and the inconsistencies and uncertainties that surrounds price at this time. In moments like this, I expect divergent opinions where people will be experts in issues where in the past couple of years, they had no idea about.

The term foolish , they used againts people who invest in bitcoin, are in sane this reflects to people who are haters of bitcoin, they still can not move on to their own frustrations , because if look at bitcoin it is very successful in the field of cryptocurrency, they say it foolish , but bitcojn is so popular and dependable,

that's really what you say. but if I think bitcoin is the best place to invest our money. because there are so many people who become rich and successful because investing in bitcoin, although the risk is quite large but the results are also quite large and comparable with the risk that will be obtained

I do not care if it is a folly or not. As long as it risks borne yourself and does not harm others then, go ahead. Own risk and own rich.

Me putting resources into Bitcoin doesn't influence me to believe I'm a trick. I'm willing to go out on a limb that I may get either misfortunes or benefit by the day's end. They generally say in speculation that "contribute the sum you're worth to lose". When you said "the market has achieved its pinnacle", I expression of remorse yet I don't really concur with you by then. Envision what number of speculators yet were here when the Bitcoin value began to ascend. It isn't exactly numerous and it is additionally not exactly less, because of the way that not the entire world definitely knows the Bitcoin yet. Suppose that each on the planet put resources into here, how about we perceive how much its cost can reach.

by the end of 2017 to be the peak of coin prices and the largest number of coin trades because at that time the price of coins is at the highest level so as to attract investors to buy bitcoin without thinking of risk. and currently falling bitcoin prices are at 7000 usd. and it will be difficult to get back to such a high point at the end of 2017. and many customers will suffer huge losses.

Yes indeed many people are still hoping to get the chance to earn in a unique form of business or investment though i am one of that fool who still believe in bitcoin system. I never thought of it until now that maybe it is the end for bitcoin. I do not know if what happen but as long as bitcoin is operating and healthy then i bet, hope and trust on bitcoin system. This is my way of believing and i just want to continue on what i believe.

Why not invest in bitcoin. I think it is a big asset to have investment in this coin.
It proves too enough in the market. It even has the biggest value.