The truth about bitcoin - page 20. | Bitcointalksearch.org

phucngungoc

member

Activity: 294

Merit: 10

Quote from: dohh on June 25, 2018, 05:53:26 AM

To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.

I think that at this time we can hardly predict the future of bitcoin, the market is constantly fluctuating and difficult to predict, bitcoin prices are constantly adjusting and down more than 70% during the past 6 months . I believe bitcoin prices will probably continue to fall sharply from now until the end of 2018 and may fall back to $ 1000.

sakamaku

newbie

Activity: 56

Merit: 0

I agree with your point, it is not easy, it will be a great source of your budget if you know it, Bitcoin is the payment system that people need to apply for. It deals much faster than bank transfer.

longwintershere

jr. member

Activity: 224

Merit: 1

“Revolutionizing Brokerage of Personal Data”

Quote from: brickafterbrickwalldpt on June 25, 2018, 06:09:02 AM

It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.

most people I know just bought bitcoin because they don't want to miss out if the growth like in 2017 happens again. They don't care about te technology or idea behind it at all

ritiktakyan01

copper member

Activity: 266

Merit: 0

Bitcoin is a digital currency. It is true that bitcoin works as a real currency. This is also true. The biggest truth is that today everyone wants to get a bitcoin, bitcoin itself is a truth.

Ctn

sr. member

Activity: 644

Merit: 259

I dont see how that is related to the bitcoin alone and not for all of the crypto currencies. Well, bitcoin is basically currency and it wasn't meant for earning money but human greed put it into the position where we use it for doing so. Roll Eyes

Anyway, the truth is money gets more money and if you add risk in it then you get even more than that. Scams, issues with earning methods, getting into wrong way of earning is all about the rules of financial management. How do you seek the monetary funds and how well you manage it.

Its not about the bitcoin really, its about financing I guess.

RamonBTC

full member

Activity: 392

Merit: 106

So better be educated and knowledgeable enough before investing. Yes it risky, but is it a scam? No it is not until someone decide to use it for such shame.

Those who doesn’t understand the risk with it on the first place doesn’t deserve to be in this investment and can now start packing they’re money and round away.

You invest your money on your own, so blame it on you if things go wrong. Easy.

Gurjasmeet

copper member

Activity: 196

Merit: 0

We can achieve to peak point target use bitcoin. but for get it we would be work hard, much more knowledge assets & projects. due to popularity lot of people invest money to become richman.

ballerin and giroud

member

Activity: 868

Merit: 16

Anyone who intends to invest in bitcoin or altcoin should have their respective goals. It is true to get profit when investing in cryptos someone must dare to take risks, someone must be ready with losing the money he has and they are ready for a very volatile price movement. And to decide such things does take time, but when compared with the way people to get profit apart from cryptocurrency is more comfortable. I agree with someone who creates cryptocurrency as an additional income, they spend money willingly to lose.

Souw33

newbie

Activity: 3

Merit: 0

Many people who do not advise to invest in bitcoin because of considerable risk. I think there is no investment land that has no risk, all investment must have risk and not always profit. If bitcoin is not worth the investment, but why are there still so many people investing in bitcoin, and quite a lot of people are becoming billionaires as a result of investing in bitcoin.

ilovecoin1112

newbie

Activity: 20

Merit: 0

Wholeheartedly agree, too many "investors" looking for a get-rich-quick scheme.

paulparkker

newbie

Activity: 20

Merit: 0

The truth of bitcoin it first digital currency its work on block chain if i say in other way block chain technology invent of bitcoin ..and nowadays its the big valuable currency according to others

Odlanyer

member

Activity: 350

Merit: 10

Bitcoin is a digital currency, yes that is true because of bitcoin you have an extra money that you need in daily life, your life become brighter in bitcoin you become rich and any people. Bitcoin is a good investment in the future.

zoeylee

copper member

Activity: 238

Merit: 1

Semi-Decentralized Exchange

Quote from: sunita01 on June 25, 2018, 06:17:52 AM

Bitcoin is a digital currency. It is also true that bitcoin works as a real money. The biggest truth is that bitcoin can make anyone rich. Bitcoin is constantly making progress.

Yes i agree, it works with real money. Anyone could be be rich if patience will always be your attitude. It makes progress in the sense that you know how to deal on it.

Herbert2020

legendary

Activity: 1946

Merit: 1137

the only truth about bitcoin is that it has interested a lot of people of many different types. the worst type are people like OP, idiots who think if they spread some bullshit on bitcointalk they can find access to cheaper bitcoins to buy and make a tiny bit of more profit in their pockets before the day ends and they miss their chance.

Johnzky

member

Activity: 616

Merit: 30

Theres no valuable gaining than risking your capital before profiteering and thats what bitcoin investments is all about,youre right on this one mate because most of the people here thought that this ijust an easy money and they ge nothing to do with the technology

Markettoken

newbie

Activity: 84

Merit: 0

helps many unemployed people earn income from bounty projects, investments that follow the shadow of the hacker and that is real.

riplete

newbie

Activity: 91

Merit: 0

The biggest truth is that bitcoin can make anyone rich. Bitcoin continually advances.
It is the most evolutionary electronic currency at the moment

speedy963

sr. member

Activity: 631

Merit: 253

Quote from: micher143 on June 25, 2018, 06:40:42 AM

Quote from: brickafterbrickwalldpt on June 25, 2018, 06:09:02 AM

It's not only about Bitcoin but also about many different assets. People tend to buy Bitcoin even though they don't understand cryptocurrenncies or they don't even bother to read about them. People panic right now because its price is constantly decreasing without any particular reason. Don't focus on the price, focus on the technology.

The true essense of bitcoin and it's system are not particularly in the terms of money, the real purpose of it is to have a much easiest, fastest and convenient ways of doing or making different transactions that can help to the people. Thus, to make bitcoin much useful and helpful to people it system can also use for investment where in people can earn a huge of money from it in just for a short period of time.

Just because there are also other purposes of bitcoin doesn't mean that the main purpose of bitcoin and blockchain technology will be forgotten. People only see what is the outer benefits of bitcoin and blockchain technology, maybe because of what they heard before entering or maybe influences, but for the better please do not forget also the other true purpose of blockchain and bitcoin.

bitcoinskyrocket09

member

Activity: 239

Merit: 10

Quote from: dohh on June 25, 2018, 05:53:26 AM

To judge if bitcoin is worth to invest in, you may consider this universal monetary rule:

There is NO good, easy, risk free money, that is available for everyone.

If the money good and risk free, it is called a heritage and it is not available for everyone.
If the money is good and available for everyone, its is called an entrepreneurship and its not risk free nor usually easy.
If the money is risk free and available for anyone, it is called a salary, but that is usually not very good.

If anyone claims, that money is good, easy, risk free and anyone can get their share of it, it is essentially a scam. Doesnt matter if You are being scammed with money, electricity or just waste of time. It also doesnt matter if there are several people who get scammed big time at once or millions, that are scammed bit by bit, it is still a scam. Any deal, where people are attracted with false promises and where the nature of their investment is kept hidden by purpose, is a scam. Bitcoin is not what promised and that fact is being disguised now.

The truth about Bitcoin is that as of now, it is the most stable cryptocurrency that is being used among all the ALT coins that are posted. And yes, the price value of btc may goes up and goes down. It only depende on the volume of investment that are being put in the bitcoin at any given time during the market trading. And also, the bitcoin was been proved to have a good support system in placed.

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

I see some of your point. But bitcoin is just fine. People are attracted to false claims about gold all the time. It has nothing to do with gold if you are foolish enough to to buy paper gold or whatever. If you just buy bitcoin and use it as a currency then you have no risk. It is only when you get distracted by alts, ICOs or any of the hundreds of scams involving crypto. But ignore all that and just keep it simple,

Topic: The truth about bitcoin - page 20. (Read 3989 times)