Topic: Look how fast Bitcoin is moving - page 4. (Read 997 times)

Bitcoin will definitely go down but not soon

The biggest fish in the world were invested in tech before the dot.com bubble - but still it crashed
The biggest fish in the world were invested in the housing and finance bubble - but it still crashed

That big guys are invested means nothing in terms of stability. It only means they gamble on riding the bubble and being the first to leave just before it goes bust

I’m not sure that how much upwards bitcoin will go but I’m sure that bitcoin won’t go down a bit at this point. It has become already stubborn currency at this market cap and breaking it down would be very tough. I mean so many investment at this point and so many big fish in the world of crypto, I’m sure at least these guys won’t let it go down. So bare in mind that there is no FUD and stuff like that which is gonna kill the bitcoin in first place.

I dont know fully about bitcoin and their market out there but i believe people start to realize this is one of the best investment nad then trying to tell any people out there to invest and make it stronger or bigger. But when people who tell the story take his money out see the market goes down. At the moment i think btc is the biggest multi level marketing #imho 

Thanks,  You accidentally left out some context though.

I fixed it for you.

Hi,

If you want to extend the metaphor, I would say that real passengers are not supposed to leave the airplane.

Bitcoin is (not only but also) about buying and selling, trying to make profit through trading. You can make a large profit and still want to invest in bitcoin.

On top of that, of course, people tend to be over-enthusiastic when they start making profit through new tech as this is our centuries' big game. Well, let's play!  

Nicely put Danny

damn boy, you seem to have no life!
the topics you start are starting to become funnier each time more than the last. 285 posts, 29 topics and you are active on bitcointalk about 12-13 hours per day and this account was created only 2 weeks ago! da'am...

what are you trying to prove?
last time i saw someone this active on bitcointalk they were signature farming and earning at least a couple of thou' per month

You clearly have not understood it. It is not the plane that is crashing. It is the person who has already jumped out of the plane believing he can fly himself

I feel sorry for you Scotty boy. You clearly can't handle the fact that my well-researched analysis is being well received in here.

Anyone that uses that reasoning doesn't understand the fundamentals of what bitcoins is, how it works, what it's benefits are, and what its potential is.


If you exchange anything of value for bitcoins and you are only doing it because "it's going up and it might keep going up", then you are a fool.  If you have more value in bitcoin than you are comfortable losing, then you are an even bigger fool.

It's not quite the same as "jumping out of an airplane with no parachute", because Bitcoin actually has a lot of potential for success whereas jumping out of an airplane without a parachute has almost no potential for success. It is more like being handed a parachute pack and being told that there is a parachute in there, then jumping out of the airplane without first checking that there actually is a parachute, or that it is in good condition.


Correct.  And if it the plane is on fire and it turns out that there actually is a parachute in the pack that they were given, then they are going to be VERY happy that they trusted what they were told and jumped.  On the other hand if the plane lands safely, and the pack doesn't have a parachute, then they are going to regret their decision.  Until they pull that rip-cord, they'll never know which it is.


Correct.  Only time will tell if there actually is a parachute in that pack they put on.  There's a good chance they'll be fine, but there is a very real possibility that they will regret their decision.

I wouldn't stop anyone from investing, it's only crucial to know all the facts and be able to accept the risk. Problem are people without enough information and knowledge who think that Bitcoin is only made for profit. Nevertheless, Bitcoin is worth investing, you just have to know what you are doing, and you have to know your limits. And that is not always easy and you can easily get carried away.

Already,many people predicted about bitcoin like.But bitcoin has made their mouth shut every time.Even some people went to the extent of publishing obituary for bitcoin.You have just said that the plane would definitely crash and you have not given the solid reasons for the crash to happen.We have traveled already eight years successfully and bankers and governments tried their best to crash the plane bitcoin.But the result was much disappointing for them.We believe that bitcoin has been already created in a way to avoid any crashes and if you still feel insecure to travel,just stay away from the plane and also don't try to make people afraid who feel comfort travelling in the plane.

I tell that to people, to let them know how risky it is, not for them to make an investment. Unfortunately, there are a lot of idiots mixed in with speculators, investors and traders. But nobody should be able to stop anyone to experience the technology.

Any investment is a risk and requires due diligence. Make sure you hit the altcoins forum to share your pearls of wisdom!

Oh wait, you're not really concerned about people's financial safety on this forum.

Do you get paid per thread?

And then what? We too, someday will die. You propose to commit suicide? Doesn't matter to me bitcoin will die or not. I fully share the idea of its creators. Therefore, I will use the bitcoin to the end. Most people on this forum consciously take the risk so this news not to scare them.

So you are in the camp with the lemmings jumping off the cliff, because that what they are all doing, your your lemming friends who haven't hit the ground yet have phoned you and said it is a great feeling to be flying.....

It is going pretty fast indeed, but this just adds more pressure on the network and more technical challenges. Also, bitcoin mining and transactions use a lot of electricity, and this is another challenge to be taken into consideration for the future. So there's little chance that the rise will go on at this rate for a long time, unless some technical problems are adressed.

Yeah definitely most of us in our office and my friend are now into bitcoin like what the NBA player Joel Embid always says "Trust The Process" and the process is going smoothly and efficiently with a unique functions and features definitely many people are seeing the promising future bitcoin can give to it's country and most especially in the users of bitcoin.

Thank you - I agree