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Topic: I'm ALL in! - page 4. (Read 11076 times)

foo
sr. member
Activity: 409
Merit: 250
June 07, 2011, 04:21:02 PM
#7
You're in good company: http://falkvinge.net/2011/05/29/why-im-putting-all-my-savings-into-bitcoin/

(That's Rick Falkvinge, founder of the pirate party movement.)
member
Activity: 112
Merit: 10
June 07, 2011, 04:19:31 PM
#6
Woah there fella, let's not start talking crazy talk of the End Of History variety.Cheesy

kudos to your commitment, nonetheless, stay diverse.

Holding on to the dollar is not exactly staying diverse  Tongue
member
Activity: 112
Merit: 10
June 07, 2011, 04:17:34 PM
#5
How do you really feel?
Excited! I will rise from the ashes if I have to!

The best advice I've seen is: Don't invest more than you can afford to completely lose.
guess what, as long as I'm still alive I can always get back what I lost.
legendary
Activity: 1615
Merit: 1000
June 07, 2011, 04:12:04 PM
#4
The best advice I've seen is: Don't invest more than you can afford to completely lose.
member
Activity: 84
Merit: 10
etcetera
June 07, 2011, 04:09:29 PM
#3
Woah there fella, let's not start talking crazy talk of the End Of History variety.Cheesy

kudos to your commitment, nonetheless, stay diverse.
full member
Activity: 154
Merit: 100
June 07, 2011, 04:08:58 PM
#2
How do you really feel?
member
Activity: 112
Merit: 10
June 07, 2011, 04:03:42 PM
#1
When I look at all the effort that is being poured into bitcoin, the various services being developed for it, and the crazy ideas that people are throwing around, in my mind at least, the bitcoin revolution has just begun, and the $20/BTC mark that were approaching right now is NOTHING of where it will be several years from now. Lets face it, bitcoin is barely known right now, Lady Gaga is 500 times more popular online (based on google search results)

There is a lot of speculation going around for sure, but I don't think those people have quite considered the implication of bitcoin for the future... IF bitcoin works and becomes mainstream, it... is... going.. to.. be... HUGE! The only place bitcoin is going is up, up, and up (with some corrections along the way)

I have been learning about bitcoin endlessly for the past two weeks now. I feel that I understand bitcoin and it's implications far more than I do the US Dollar (and thus I have more confidence in BTC than the USD), and so I have made the decision to go all in. All my savings are being moved over to bitcoins, all my paychecks will immediately moved over to bitcoins. I will still be keeping a small amount of dollars just so I can buy food/gas/etc without having to wait for the transfers each time I go to the supermarket/gas station.

I understand that there are risk associated with this. What if I wake up tomorrow, and bitcoin has collapsed? What if bitcoins become illegal? What if you loose your wallet file? What if this what if that, you know what? FINE i will take those risks, because its very easy to go back to mediocrity. I may lose everything tomorrow, but that is a risk I'm willing to take for the possibility of a FAR better future that bitcoin is trying to create.

Bitcoin IS the future, END of story.  Grin

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