Author

Topic: Would you buy all the bitcoins? (Read 548 times)

legendary
Activity: 3906
Merit: 1373
July 03, 2016, 12:01:36 PM
#14
I often take my gal out for breakfast for $20. If nobody was interested in Bitcoin except me, the price of all the bitcoins would be less than $20. Knowing from past experience what Bitcoin could be worth, she and I would split them all for less than $20. The ASICs would be worthless, too. So I would buy a few of them real cheap, and keep on mining for the fun of it. I mean, it happened once. Why not again? But if not, what's $20 these days?

Cool
newbie
Activity: 14
Merit: 0
July 03, 2016, 11:52:34 AM
#13
If all the community would lost all the interest in bitcoin, and everyone would just sell and dump all their btc-s. And you would have a chance to buy it all using all of your life savings and to have nothing more but all the bitcoins. Would you do it? Knowing that noone else is interested aymore or they are just bored of it?

if it will be profitable then yes of course
legendary
Activity: 2912
Merit: 1068
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April 10, 2016, 01:24:46 PM
#12
No, this is not good idea.

Why do you think that this is not a good idea? Can you explain a bit?
sr. member
Activity: 326
Merit: 250
April 10, 2016, 12:22:36 PM
#11
No, this is not good idea.
sr. member
Activity: 347
Merit: 250
Activity: 2017
April 10, 2016, 11:16:32 AM
#10
There will be no more value on Bitcoins if you are the only one using it, hahaha Cheesy
This is very hard for imagine, maybe interest can fall and price , but not as you think maybe price fall to 10$ that can be very appropriate, in that situation.
newbie
Activity: 56
Merit: 0
April 10, 2016, 10:24:34 AM
#9
Maybe I'll buy some just
hero member
Activity: 3038
Merit: 634
April 10, 2016, 08:47:42 AM
#8
ofcourse no! if you are holding all the bitcoins then you're the only one who is using it and it has no value.
newbie
Activity: 56
Merit: 0
April 10, 2016, 06:55:20 AM
#7
Buying something that no one is interested in would be a waste of money since you won't be able to spend or use it anywhere.
full member
Activity: 172
Merit: 100
April 10, 2016, 06:44:24 AM
#6
Obviously no  Grin
If Bitcoin would have the same value of a shitcoin what would be the point about buying all of them? 
member
Activity: 141
Merit: 10
April 10, 2016, 05:23:40 AM
#5
No. No interest no value. If things went bad in the world like a zombie apocalypse (I know it sounds crazy Lol) but if something like that happened then money becomes useless and water, food, and weapon becomes the new money and that paper you carry in your wallet is now useless.
legendary
Activity: 2688
Merit: 1192
April 10, 2016, 05:14:58 AM
#4
The only scenario this would ever happen is if a security exploit made bitcoin worthless. Even then people would still trade it for cents before it became obsolete. So it would be pointless buying up all the remaining bitcoin at this point because it would make your investment vulnerable to loss.
staff
Activity: 3206
Merit: 575
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April 10, 2016, 04:44:59 AM
#3
There will be no more value on Bitcoins if you are the only one using it, hahaha Cheesy
hero member
Activity: 966
Merit: 500
April 08, 2016, 06:59:03 AM
#2
No, i wouldn't buy it if nobody interested because the coin will be worthless if nobody want to use anymore
sr. member
Activity: 366
Merit: 261
April 08, 2016, 06:53:30 AM
#1
If all the community would lost all the interest in bitcoin, and everyone would just sell and dump all their btc-s. And you would have a chance to buy it all using all of your life savings and to have nothing more but all the bitcoins. Would you do it? Knowing that noone else is interested aymore or they are just bored of it?
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