Post
Topic
Board Bitcoin Discussion
Re: Please Explain
by
yatsey87
on 13/09/2018, 13:14:26 UTC
I dont really get you guy's whenever you encounter situation like this you panic because the price goes down.

Who is "you guys". There are many different types of bitcoin users in it for all different reasons but the ones who panic and crap their pants every-time the value drops a bit are the get rich quick schemers watching their money go down the drain. Ignore them.

If you really trust this technology why are you losing your hope everytime there is  a small storm coming on bitcoin? Panicking makes you blind on what you really need to do, Instead of investing more because it is a good opportunity to buy you are selling your bitcoin's and taking your loss.  Cheesy

You can be a fan of both the technology but also the potential to make money from it and lets not kid ourselves that money makes both the world and bitcoin keep turning. The miners don't mine for free and they rely on their paycheck to keep the cogs behind the scenes turning and if bitcoin ever does become unprofitable to them then they'll abandon ship and that's why the value is at least somewhat important so lets not kid ourselves about that.