So much for safe haven! | Bitcointalksearch.org

WiiD

sr. member

Activity: 756

Merit: 250

Quote from: kwukduck on August 24, 2015, 08:10:47 AM

Right now 99.9% of the bit coiners are at a Net. loss.
Only the very few early adopters that never sold and hold tens of thousands of coins are still off with good profits.
They will probably accumulate more at these dramatic prices, causing even more wealth in the hands of the 0.1%

I am still off with good profits (more than double of invested money) , and I am no early adopter and hold no tens of thousands of coins.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Bitcoin is a curio and an extreme speculation. When things go to shit it'll be the first thing to be disposed of. It might be considered a safe haven in a couple of decades but there's no way of knowing.

BitcoinBarrel

legendary

Activity: 2026

Merit: 1034

Fill Your Barrel with Bitcoins!

It makes sense the price will drop because people are liquidating their assets.

How many times do people have to tell you... Buy Low Sell High

hector3115

sr. member

Activity: 481

Merit: 251

Yeah you're right. Bitcoin price drop today is probably just because of fork uncertainty and unrelated to the broader financial system.

However, if this leads to another financial crises that should be the spark that finally leads people to bitcoin.

Paashaas

legendary

Activity: 3512

Merit: 4557

Plz dont act if Bitcoin is the savest asset in the world, you shoud know Bitcoin is still in beta.

Gold was save to right?..

Go have a look at the stockmarkets, trillions of $ has been lost and ppl cry about a $4B market cap of Bitcoin..lol.

When the blood spew is over i expect a nice rise, dont sell youre coins man buy more.

kwukduck

legendary

Activity: 1937

Merit: 1001

Right now 99.9% of the bit coiners are at a Net. loss.
Only the very few early adopters that never sold and hold tens of thousands of coins are still off with good profits.
They will probably accumulate more at these dramatic prices, causing even more wealth in the hands of the 0.1%

Alley

legendary

Activity: 910

Merit: 1000

Ya seems like bitcoin will go down just like the stock markets. Bitcoin not on the same level as gold get as a hedge.

hector3115

sr. member

Activity: 481

Merit: 251

I thought at least some money would come in after a global crash, but no dice.

Maybe its a delayed reaction.

Topic: So much for safe haven! (Read 759 times)