Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Economics
Re: Financial Crisis Will Come
by
South Park
on 11/08/2018, 19:25:45 UTC
Quote from: ShineftChaos on August 10, 2018, 03:23:14 PM
Quote from: gudrun on August 10, 2018, 02:53:50 AM
Quote from: BobK71 on June 07, 2018, 05:45:19 PM

This system also punishes prudent people who put the most trust in its promises and its official narratives.  But we have a long-term defense: buy gold, silver, and Bitcoin!

What motivates you to buy bitcoin, my friend

I admit to you that gold and silver are the best choices during an economic downturn, but with bitcoin that is the wrong choice.

I think Bitcoin only evolved when the market was in its infancy, it collapsed simultaneously with the economic market

The motivation is the profit, everyone who invest a huge amount of coins in the early years are now earning a huge amount of profit so invest early today to become rich in the future.
The people that bought bitcoin at the beginning did not do it because they wanted to be rich most of them just wanted to support a project in which they believed in, I think it was not until some years passed in which people began buying bitcoin because they wanted to become rich, this is why the market of altcoins flourished since many people are realizing that is now harder with bitcoin but it is easier with altcoins.