How foolish are people who invest in Bitcoin? - page 79.

helars2008

full member

Activity: 210

Merit: 100

Quote from: Pe4kin on December 15, 2017, 04:13:26 AM

How many idiots who decided to invest in bitcoin!!!!!!!

It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion.
And as it grows from 1.5 to 1.7.....

In recent days printed 180 million tether and still no big growth....
Lending on the stock exchange came to a billion dollars.
The credit rate on the day was a record and more than the 0.103%.

This means that the market has reached its peak. The price of cryptocurrency maximum.
This is the moment when you have to sell everything.

So began a process of growth needs the infusion of more money.... They're gone.

I think the joy of endless growth to an end this weekend.

Nothing in this world is eternal and permanent.....
And rising prices of bitcoin are not eternal.... all ends already.....

I have to disagree with what you have said especially when you mentioned that the market has reached its peak.
How come did you arrive on such a conclusion?
Cryptocurrency maximum price will continue to grow as long as there are new investors coming in and i believe tat nowadays they are pouring on.
All we need to do right now is be patient.

error08

hero member

Activity: 1036

Merit: 514

$17,000 isn't the peak of bitcoin obviously as we have seen it achieved over $20,000 weeks ago before got corrected to $11K.
Despite all the bad or good news which cause lots of fluctuation, bitcoin could recover to $15,340 right now, isn't it impressive?
People are free to invest in bitcoin, even buy at $17K isn't something fools, bitcoin will continue to reach higher price over time, even some people predicted it may reach over $100K by the end of 2018.

flippener

full member

Activity: 322

Merit: 101

Quote from: Anti-Cen on December 27, 2017, 06:03:11 PM

Please let me answer you with two words and come back if you just don't get it or know what one looks like

Bubble
Tulips

Irrelevant. Tulips were a bubble because anyone could grow more, whereas the Bitcoin supply is limited, and Tulips have no use whereas Bitcoin could replace the entire financial industry. Just FUD.

Anti-Cen

member

Activity: 210

Merit: 26

High fees = low BTC price

Quote from: Oulay on December 27, 2017, 05:53:21 PM

How foolish??! Everyone who bought before this month is definitely in x1.5 profit at least right now and everyone who bought before the high surge that happened this year are in 10 to 15 times profit.. I don't see how they are stupid Tongue

Please let me answer you with two words and come back if you just don't get it or know what one looks like

Bubble
Tulips

Anti-Cen

member

Activity: 210

Merit: 26

High fees = low BTC price

Lets look at the numbers

Code Price Transaction speed 1st confirm Speed
BTC $15,000 $40.00 + Hours
ETH $700 $1.20 5 minutes
B2X $1,000 $0.10 Seconds

Does the maths tell you anything

Oulay

member

Activity: 133

Merit: 37

How foolish??! Everyone who bought before this month is definitely in x1.5 profit at least right now and everyone who bought before the high surge that happened this year are in 10 to 15 times profit.. I don't see how they are stupid Tongue

signaturecoin

full member

Activity: 322

Merit: 100

There is a lot of people investing in bitcoin actually , i can not understand how are you saying that all those people are foolish. they are making a huge amount of money, not like you.
In fact, i invested all my money on bitcoin when it was $3,000 each, and i sold them all at $9,000.

masterchief001

full member

Activity: 585

Merit: 100

Quote from: inturist on December 15, 2017, 05:34:59 AM

If I invest money that I do not mind losing, why not.
Not very clever those who take loans to buy cryptocurrency or sell their homes to buy Bitcoin.
Nothing is eternal.

I do not approve of anyone who wants to borrow money or sell a house to buy a bitcoin, although they can earn huge profits, however, it is a stupid thing to do, you are betting things. Very important, safety is the first principle when investing.

Slark

legendary

Activity: 1862

Merit: 1004

Quote from: Pe4kin on December 15, 2017, 04:13:26 AM

How many idiots who decided to invest in bitcoin!!!!!!!

Why are you so angry - let others decide what they want to do with their money. If they want to buy BTC - let them.
Maybe you are irritated by the fact that you have missed the window of opportunity to invest on your own?

Quote from: Pe4kin on December 15, 2017, 04:13:26 AM

This means that the market has reached its peak. The price of cryptocurrency maximum.
This is the moment when you have to sell everything.

Oh really? What makes you say that? Do you think that potential for growth has ended here and there is no more room for more?
If you think that the growth of BTC ended here and now you will need to have more proof IMO.

Quote from: Pe4kin on December 15, 2017, 04:13:26 AM

Nothing in this world is eternal and permanent.....
And rising prices of bitcoin are not eternal.... all ends already.....

You are absolutely right here, yet I don't think that we crossed the line here. There is still more room for BTC growth.

cyptosunny

newbie

Activity: 49

Merit: 0

well those who are investing in bitcoin cannot be considered as fools because they are just putting some investment in a business from which they expect to earn in a sudden or by a long term hold , without loss business is not called business , every real business has got both images one is bright which is of profit and the rest on is dark which resembles loss so same is the case where people are getting higher profits like they bought bitcoins for nothing and now bitcoin has gained them everything means every luxury of life , in a sudden they became white color people so theres nothing wrong in investing in bitcoin if you have got the gutz to do so

darkangel11

legendary

Activity: 2478

Merit: 1360

Don't let others control your BTC -> self custody

Quote from: Kajune on December 27, 2017, 03:16:52 PM

Someone is just mad that he/she can't buy any bitcoin.

If you spend more time on the forum you'll see that posts like that appear on a regular basis. Some of those guys that wanted to buy BTC below $1000 a year ago and were waiting for crashes are most likely still waiting. I personally know investors that became angry with BTC for not following their pattern.

audaciousbeing

hero member

Activity: 1330

Merit: 569

Quote from: Pe4kin on December 15, 2017, 04:13:26 AM

How many idiots who decided to invest in bitcoin!!!!!!!

It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion.
And as it grows from 1.5 to 1.7.....

In recent days printed 180 million tether and still no big growth....
Lending on the stock exchange came to a billion dollars.
The credit rate on the day was a record and more than the 0.103%.

This means that the market has reached its peak. The price of cryptocurrency maximum.
This is the moment when you have to sell everything.

So began a process of growth needs the infusion of more money.... They're gone.

I think the joy of endless growth to an end this weekend.

Nothing in this world is eternal and permanent.....
And rising prices of bitcoin are not eternal.... all ends already.....

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.

My concern is that latter part of the message that all ends already and what exactly do you mean by that? Going historical analysis, bitcoin is expected to increase then fall after which there is a resistance which might either be long-term or short-term as what we are seeing now. The end is still not near the the potential to grow is still very much open. Just don't come with another suggestions when the resistance is broken.

Kajune

member

Activity: 112

Merit: 10

Someone is just mad that he/she can't buy any bitcoin.

Aizhen05

full member

Activity: 205

Merit: 100

Quote from: loaddebitcard on December 15, 2017, 06:55:58 AM

I partly agree with you. It's foolish to buy BTC now. But it was a good investment even a few months ago. I jumped up dramatically and now stays between $16-18k. So now it's wiser to invest in altcoins like Ethereum and others. They cost less, so more people can afford it, also the growth rate is better than BTC's.

taking this as a good investment are not foolish yes that was right cause the foolish thing is what mentioned is as of now that you are trying to invest now in bitcoin not seeing this as if this may good option to invest right now , try to make a deep study and observation before you made some decision for.

felipe04

full member

Activity: 308

Merit: 100

No your wrong bitcoin price will continue to grow because there's a lot of country that didn't acknowledge crypto already but i think if all will do authorization about crypto i'm sure that's a big impact like the price will get so high that you can't imagine,see the country of china if any like that will do authorize crypto the price will go so high but suddenly they leave so the price go a little low but think if many country acknowledge crypto not only china.

futuris

newbie

Activity: 42

Merit: 0

Quote from: Pe4kin on December 15, 2017, 04:13:26 AM

How many idiots who decided to invest in bitcoin!!!!!!!

It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion.
And as it grows from 1.5 to 1.7.....

In recent days printed 180 million tether and still no big growth....
Lending on the stock exchange came to a billion dollars.
The credit rate on the day was a record and more than the 0.103%.

This means that the market has reached its peak. The price of cryptocurrency maximum.
This is the moment when you have to sell everything.

So began a process of growth needs the infusion of more money.... They're gone.

I think the joy of endless growth to an end this weekend.

Nothing in this world is eternal and permanent.....
And rising prices of bitcoin are not eternal.... all ends already.....

Of course not, the capitalization of bitcoin is negligible compared to the world dollar turnover. And given that bitcoin can replace the dollar, the growth will be very long.

Pe4kin

sr. member

Activity: 462

Merit: 255

Quote from: fanbeila on December 15, 2017, 09:51:08 AM

I don't k now how you come to the conclusion that bitcoin has reached its peak price and its going to crash.Any analysis?Its true that bitcoin is now at its ATH,but it does not mean that its going to crash.You should not forget that even the wall street firms have changed their attitude towards bitcoin and have started to invest in bitcoin.It haas caused increase in price and when more firms enter,it would get even more exposure and hence more demand resulting in price increase.

Ha-ha-ha-ha-ha-ha-ha-ha-ha-ha-ha-ha-ha-ha!!!!!!!!!!!!!!!!!

Why such a situation? Huh

??

Where zombies who love bitcoin? Huh

?
Despite the fact that he just lives on the stock exchange. No matter what else it is....

Let him spend a couple of billion dollars....

fanbeila

hero member

Activity: 714

Merit: 500

I don't k now how you come to the conclusion that bitcoin has reached its peak price and its going to crash.Any analysis?Its true that bitcoin is now at its ATH,but it does not mean that its going to crash.You should not forget that even the wall street firms have changed their attitude towards bitcoin and have started to invest in bitcoin.It haas caused increase in price and when more firms enter,it would get even more exposure and hence more demand resulting in price increase.

antagonist

full member

Activity: 211

Merit: 100

Quote from: Pe4kin on December 15, 2017, 04:13:26 AM

How many idiots who decided to invest in bitcoin!!!!!!!

It is necessary not to watch as he grows from 15000 to 17000. This is a visual illusion.
And as it grows from 1.5 to 1.7.....

In recent days printed 180 million tether and still no big growth....
Lending on the stock exchange came to a billion dollars.
The credit rate on the day was a record and more than the 0.103%.

This means that the market has reached its peak. The price of cryptocurrency maximum.
This is the moment when you have to sell everything.

So began a process of growth needs the infusion of more money.... They're gone.

I think the joy of endless growth to an end this weekend.

Nothing in this world is eternal and permanent.....
And rising prices of bitcoin are not eternal.... all ends already.....

Bitcoins is smartest investment to make in last 200 year my friend. no matter which price you are pay today in five year bitcoin will be so high in price that you will be shocked , it is not too late now to buy bitcoin. so many peoples say this same thing when bitcoin price at 1000 in 2013 they say it is not too late, and many people did not believe. now you can see how close bitcoin is growing to 20 thousands dollars

yes bitcoin price will crash like it has done at least three times in past but please no be negative, in five year you will see price will be even higher than 20 thousands dollars by factor of 20 ,, you must be strong to find one coin and hold it until it begin to pay to you monies. you cannot chase every single coins that you see. many peoples no understand this one

Robert Ryan

newbie

Activity: 8

Merit: 0

Can we say like this? There is no such thing as too high and too low in financial market. Yes bubbles are created. But we just can't say 17k is the high price. There are many factors behind the increase of an instrument. Without knowing those we can't get any conclusion. Today's high price may become tomorrow's low price.

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