Post
Topic
Board Economics
Re: Is time too late
by
Omega Weapon
on 05/11/2017, 20:48:32 UTC
i just check old posts in Currency exchange and Found how bitcoin was so cheap at 2011

Example

this User ask for 32$ only to sell 2BTC

2.00 BTC for sale - $32 USD (MTGOX PRICE is 16.68)

Only trusted members with reputation!

So are you think time now is too late  or some one in future will say how price was cheap in 2017 like my post


Shear what you think Huh

It's never too late. If you knew it was too late, then you would know where the top is. People have been claiming Bitcoin was overvalued for ages, thinking it was "too late to get rich with bitcoin" at pries as low as $15. Case in point, this post right here is pretty hilarious in retrospect:



He applies exactly the same analysis as people do now. "It's too late, big news are already in" etc.


Nice find, it is always a good idea to read the posts of the people that came before us in order to understand what they thought and it is incredible they still use the same reasons why some people think that it is too late to invest in bitcoin right now, if you believe that bitcoin is going to reach adoption by a significant amount of the population of the world then these prices are very cheap.