Post
Topic
Board Economics
Re: STOP #HODL go #INWEST
by
viparmenia
on 22/12/2017, 20:10:49 UTC
The panic is that what I am trying to explain - if people buy Bitcoin due to investing into something for instance alternative coins, then the most of them would not start to sell so fast

But seems the most of bitcoin buyers really only care about current price of their bitcoin in FIAT- $€ etc...

This seems going to became new DOTCOM crush and only the real coins with innovative, technological background would survive

Fall of Bitcoin is accelerating and we could see in next hours the values below the psychological 10 000 after what the Far east traders would wake up from sleep and start to sell more crushing all below 8000 or even more.

And again - all this happens because of HODLers who do not understand that bitcoin is not for MAKING money, but REPLACING Money.

But if you HOLD Bitcoin instead of USE/Invest it, it worths NOTHING.