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Topic: majority will lose money and minds - page 8. (Read 24645 times)

sr. member
Activity: 1960
Merit: 329
January 06, 2019, 01:45:36 PM
#28
The only reason why people buy bitcoin, is to make money. I believe in the tech, its the future blah blah blah. Your here to make "sick" gains, most will not have the stomach for it. How many investors bought 100 btc for $100 and sold them at $20,000 each, practically none.

Say bitcoin reaches $1 million and you invested now at $3800. You honestly think you wont sell when it hits $50,000 or any other figure that will improve your life significantly. Nobody knows if, when or how it will happen.

Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week / month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.

Forget it, bitcoin can not be outlawed and crash to zero value. Look at what the bitcoin blockchain has been able to give the world. How do you think all that will be wiped off? I do not think it will happen.
newbie
Activity: 22
Merit: 0
January 06, 2019, 01:40:27 PM
#27
Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week / month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.
Do not worry, if we will not cashout at 100.000$ we will let our children do it  Tongue
You should stop thinking about Bitcoin relation to dollar and start thinking about 1BTC=1BTC


Ha ha nice.

Sometimes I wonder, if bitcoin booms will owning 1 bitcoin instantly make you famous lol

1 btc = fame. Tone Vays and Davincij15 come to mind  Grin
full member
Activity: 938
Merit: 105
January 06, 2019, 01:39:41 PM
#26
Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week / month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.
Do not worry, if we will not cashout at 100.000$ we will let our children do it  Tongue
You should stop thinking about Bitcoin relation to dollar and start thinking about 1BTC=1BTC
You were right because bitcoin is intended in long-term holding investment, not in just a week or a month. People who are not a real enthusiast didn't have a full idea of how Bitcoin works. As long as they know that Bitcoin can make money. But you need to have more patient's before you achieve that goal. If you invested last month while the market is too cheap and forgot at least a year, for sure your profit is there.
legendary
Activity: 3178
Merit: 1140
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January 06, 2019, 01:29:02 PM
#25
Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week / month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.
Do not worry, if we will not cashout at 100.000$ we will let our children do it  Tongue
You should stop thinking about Bitcoin relation to dollar and start thinking about 1BTC=1BTC
newbie
Activity: 22
Merit: 0
January 06, 2019, 01:28:08 PM
#24

THE ONLY REASON PEOPLE ARE HERE, IS TO BECOME RICH. 

or to make smb other rich!  Grin

Exactly, right!
sr. member
Activity: 826
Merit: 250
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January 06, 2019, 01:27:23 PM
#23
The only reason why people buy bitcoin, is to make money. I believe in the tech, its the future blah blah blah. Your here to make "sick" gains, most will not have the stomach for it. How many investors bought 100 btc for $100 and sold them at $20,000 each, practically none.

Say bitcoin reaches $1 million and you invested now at $3800. You honestly think you wont sell when it hits $50,000 or any other figure that will improve your life significantly. Nobody knows if, when or how it will happen.

Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week / month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.
I joined cryptocurrency in 2017 and last 2 years many changes bitcoin and crypto currency. When i was first started bitcoin earn and buy and sell this time bitcoin was only 1100$ and then it was up to 4000$ than again down and in Dec 2017 bitcoin price cross the highest limit that means 20000$.after middle dec2017 bitcoin price going to down and down because many company and country give negative feedback about bitcoin. But people believe that bitcoin price back again and i also think this bitcoin will be up otherwise crypto market destory .I think most of the people get enough profit and change her lifestyle in 2017 so always try to catch your opportunity.
member
Activity: 221
Merit: 11
January 06, 2019, 01:23:30 PM
#22

THE ONLY REASON PEOPLE ARE HERE, IS TO BECOME RICH. 

or to make smb other rich!  Grin
newbie
Activity: 22
Merit: 0
January 06, 2019, 01:19:25 PM
#21
I thought in the end you will advise people to dump bitcoin and move to stocks. Life in itself is a game,  to be successful, you need to make some journeys of risk. People have taken the risk by investing,  yeah and what do they want in return? Gains/profit. I think you should be happy for being amongst the early adopters of the blockchain, that in itself is a plus.

RESPECT. Being an early adopter is how you perceive a timeline. To me $0.30 BTC is an early adopter, for all we know the timeline could be 11 years and we are in the last year. For all we know $20,000 was bitcoin's ATH ever.

I appreciate your thoughts and hopefully are investments improves our lives and you don't go to Vegas and put it all on red..and lose lol

All the best.
newbie
Activity: 22
Merit: 0
January 06, 2019, 01:13:04 PM
#20
Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week / month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.

Maybe you missed something: not everybody here bought Bitcoin. Some people here implement things related to Bitcoin (and other crypto). Some people have businesses related to crypto. Some trade. And so on. People do earn crypto in this ecosystem. It's not all about investing.

Yes, probably a good number of people which earned crypto kept some or all of it as investment. Yes, probably those are also vulnerable to "end up going crazy" as much as some that didn't use their brain when investing (FOMO, buy high sell low, ...). But also people working with Bitcoin will know the price all the time (myself I have 75% of the online time a ticker on, just to be informed).

Then there are people around here that have their Bitcoin since it was 10$, 1200$, 250$, 2500$ ... that are still on profit.


What I want to tell: maybe you are well intended, but don't generalize. Imho your "use case" doesn't fit such a big percent of bitcoiners.

Maybe i don't belong on this forum because you guys are on another planet. EVERYBODY here has bought into bitcoin,FACT. In the philosophical sense. But that a side, Miners have bought rigs and dev's spend there time on crypto. Time is the most valuable commodity. Businesses related to crypto, you mean scammers right lol Traders technically own what they are trading (i'll let that slide) you could argue the exchanges technically own whats on there platform right lol.

The people who are still here since $10, etc are rich in the global term of the word rich. Maybe not in the western version of the word, but even then its still debatable.

Seriously, I want to walk in my local store and buy a loaf of bread in BTC. I want to send instant payments with lightning network and respect to all the dev's that are working there butts off. But the MAJORITY of bitcoiners are in it for the money and theres nothing wrong with that what so ever. Just quit the bitcoin snobbery.

PEACE.
copper member
Activity: 411
Merit: 1
January 06, 2019, 01:10:15 PM
#19
I thought in the end you will advise people to dump bitcoin and move to stocks. Life in itself is a game,  to be successful, you need to make some journeys of risk. People have taken the risk by investing,  yeah and what do they want in return? Gains/profit. I think you should be happy for being amongst the early adopters of the blockchain, that in itself is a plus. Although I disagree that it could be outlawed and crash to zero,  I don't see that happening for any reason.
sr. member
Activity: 896
Merit: 253
January 06, 2019, 01:04:01 PM
#18
The only reason why people buy bitcoin, is to make money. I believe in the tech, its the future blah blah blah. Your here to make "sick" gains, most will not have the stomach for it. How many investors bought 100 btc for $100 and sold them at $20,000 each, practically none.

Say bitcoin reaches $1 million and you invested now at $3800. You honestly think you wont sell when it hits $50,000 or any other figure that will improve your life significantly. Nobody knows if, when or how it will happen.

Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week / month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.

It is so obvious that they want to earn money because they got here just for that. And I also know that many people will be dumb about it and would invest carelessly.
newbie
Activity: 22
Merit: 0
January 06, 2019, 12:54:06 PM
#17
The only reason why people buy bitcoin, is to make money. I believe in the tech, its the future blah blah blah. Your here to make "sick" gains, most will not have the stomach for it. How many investors bought 100 btc for $100 and sold them at $20,000 each, practically none.

Say bitcoin reaches $1 million and you invested now at $3800. You honestly think you wont sell when it hits $50,000 or any other figure that will improve your life significantly. Nobody knows if, when or how it will happen.

Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week / month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.

people have different reasons for being here.

Thanks for your opinion. Just curious to what reasons why people are here. Would you compare cryptocurrencies bitcoin in particular, to religion or a cult? Do these people you talk of see bitcoin as a god like figure? in Satoshi we trust. I think it was 2017, I genuinely questioned my sanity towards crypto's. I taught myself everything and spent all my spare time learning. Are we being brainwashed.

THE ONLY REASON PEOPLE ARE HERE, IS TO BECOME RICH. Name me just one other reason.
legendary
Activity: 3668
Merit: 6382
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January 06, 2019, 12:48:12 PM
#16
Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week / month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.

Maybe you missed something: not everybody here bought Bitcoin. Some people here implement things related to Bitcoin (and other crypto). Some people have businesses related to crypto. Some trade. And so on. People do earn crypto in this ecosystem. It's not all about investing.

Yes, probably a good number of people which earned crypto kept some or all of it as investment. Yes, probably those are also vulnerable to "end up going crazy" as much as some that didn't use their brain when investing (FOMO, buy high sell low, ...). But also people working with Bitcoin will know the price all the time (myself I have 75% of the online time a ticker on, just to be informed).

Then there are people around here that have their Bitcoin since it was 10$, 1200$, 250$, 2500$ ... that are still on profit.


What I want to tell: maybe you are well intended, but don't generalize. Imho your "use case" doesn't fit such a big percent of bitcoiners.
legendary
Activity: 2436
Merit: 1362
January 06, 2019, 12:37:07 PM
#15
The only reason why people buy bitcoin, is to make money. I believe in the tech, its the future blah blah blah. Your here to make "sick" gains, most will not have the stomach for it. How many investors bought 100 btc for $100 and sold them at $20,000 each, practically none.

Say bitcoin reaches $1 million and you invested now at $3800. You honestly think you wont sell when it hits $50,000 or any other figure that will improve your life significantly. Nobody knows if, when or how it will happen.

Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week / month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.

Nobody knows how the future is going to go and bitcoin can be life saver
in future if the global economies crash. If they dont and bitcoin goes to
1M well yes there will be a lot of people cashing out but there will be people
buying into it still in 5, 10, 20 or even 40 years, its all relative and different
people have different reasons for being here.
newbie
Activity: 22
Merit: 0
January 06, 2019, 12:19:24 PM
#14
Well you can't particularly speak for everyone some people are actually here because of the great future possibilities bitcoin offer which also has its own great profit benefits as well

Hi, could you name me some great future possibilities of bitcoin please. Thank you.
newbie
Activity: 22
Merit: 0
January 06, 2019, 12:12:52 PM
#13
The only reason why people buy bitcoin, is to make money. I believe in the tech, its the future blah blah blah. Your here to make "sick" gains, most will not have the stomach for it. How many investors bought 100 btc for $100 and sold them at $20,000 each, practically none.

Say bitcoin reaches $1 million and you invested now at $3800. You honestly think you wont sell when it hits $50,000 or any other figure that will improve your life significantly. Nobody knows if, when or how it will happen.

Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week / month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.
I can tell you that there actually are, believe it or not, people who do believe in the tech and haven't bought it other than to try it.

So, believe it or not, there are people still in this despite or because of the price crash, who'll be here long after Bitcoin is "outlawed and crashes to 0". Guys like you will probably be parading with the I-told-you-sos... but those guys sticking around, they'll be invisible, as they've always been. Plugging at it and soldiering on.

Hi, I have a few questions if you don't mind answering. Would appreciate it. What do you mean other than to try it? what are they exactly doing? I mean I understand it cuts out the banks and its peer to peer where you become in control of your own money. But we are still talking money, bitcoin still has a value. Honestly if bitcoin was $0 tomorrow till the end of the year, how many people would actually be in the space.

Your talking like money means nothing to certain people. Money is everything to everyone in this space. Period. Dev's get paid, miners mine to get paid, traders trade to make money, investors, exchanges, shorting, advertisers. Companies have closed just because of the price of bitcoin. Maybe I am ranting but i just feel these people you talk about are rich anyway so it doesn't matter to them.
member
Activity: 560
Merit: 14
January 06, 2019, 12:11:01 PM
#12
Well you can't particularly speak for everyone some people are actually here because of the great future possibilities bitcoin offer which also has its own great profit benefits as well
newbie
Activity: 22
Merit: 0
January 06, 2019, 11:58:11 AM
#11
I think Noone from ordinary people with ordinary amount of monthly income, just like I am, will never be able to invest in bitcoin now. Unfortunately the majority of people on the exchangers are just ordinary ones. I believe there are those who are investing in bitcoin or just collecting it by doing different types of jobs paid in bitcoin, signature campaigns for example. Such people will win a lot if that 'if' about which you are talking will happen, cause of basically they didn't invest much, but the probability of high bitcoin's price still stays high.

I mean anyone can invest in bitcoin, i'm guessing you mean enough to make you rich right? Which is kind of my point. The average Joe in my eyes, should aim to own 1 bitcoin and then just wait. What will be will be but at least you are in the game.

Think about it, we only invest in bitcoin to make money. I don't care what anyone else says, that's the simple harsh truth.
legendary
Activity: 2968
Merit: 3684
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January 06, 2019, 11:51:02 AM
#10
The only reason why people buy bitcoin, is to make money. I believe in the tech, its the future blah blah blah. Your here to make "sick" gains, most will not have the stomach for it. How many investors bought 100 btc for $100 and sold them at $20,000 each, practically none.

Say bitcoin reaches $1 million and you invested now at $3800. You honestly think you wont sell when it hits $50,000 or any other figure that will improve your life significantly. Nobody knows if, when or how it will happen.

Don't waste your life waiting for a win, you will end up going crazy. Invest yeah sure, check it once a week / month on progress and just let it be man. For all we know, it could be outlawed and crash to $0 tomorrow.

Look, that's generally good advice no matter which side of the fence you're on, but I can tell you that there actually are, believe it or not, people who do believe in the tech and haven't bought it other than to try it. Lifelong Bitcoin educator Antonoupoulos was one, though of course, the mockery of him having none despite teaching it for years resulted in people donating him so much he actually became a millionaire (I don't know what he did with the donated amount).

So, believe it or not, there are people still in this despite or because of the price crash, who'll be here long after Bitcoin is "outlawed and crashes to 0". Guys like you will probably be parading with the I-told-you-sos... but those guys sticking around, they'll be invisible, as they've always been. Plugging at it and soldiering on.

You're still right though. Majority will lose their minds and money. But nothing you or I say can prevent that. They made their beds the moment they entered.
full member
Activity: 658
Merit: 152
January 06, 2019, 11:45:32 AM
#9
I think Noone from ordinary people with ordinary amount of monthly income, just like I am, will never be able to invest in bitcoin now. Unfortunately the majority of people on the exchangers are just ordinary ones. I believe there are those who are investing in bitcoin or just collecting it by doing different types of jobs paid in bitcoin, signature campaigns for example. Such people will win a lot if that 'if' about which you are talking will happen, cause of basically they didn't invest much, but the probability of high bitcoin's price still stays high.
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