Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Destroyed me at all.
by
guybrushthreepwood
on 30/11/2018, 18:02:16 UTC
Few months back i purchased arround 15 to 16 btc when bitcoin price was 10000$ to 11000$ each btc but now arround 4000$ each btc .Just waiting for 11000$ for each btc than i should leave btc and i can see bitcoin have no future in this time.

Doesn't seem like you own 15 to 16 btc. Anyone who's invested $160,000 wouldn't come to this forum and crib about it!

Agreed. Something tells me this is an exaggeration. Probably just a troll or bullshit spam thread. Op says bitcoin has no future but is waiting for it to go up to $11000 each. Doesn't make sense, but regardless, you should only ever invest what you can afford to lose and never invest in something that you're pinning all your hopes and dreams on especially as something as volatile and risky as bitcoin.

Few months back i purchased arround 15 to 16 btc when bitcoin price was 10000$ to 11000$ each btc but now arround 4000$ each btc .Just waiting for 11000$ for each btc than i should leave btc and i can see bitcoin have no future in this time.
Don't worry bud in the future price Bitcoin will be grow up cuz Bitcoin is digital gold, the reward of mining Bitcoin will be decrease 2x every 4 years in 2021 reward of mining Bitcoin will be 6,25 Btc per block no reason the price will be 50k$ - 70k$ and on 2140 reward of mining Bitcoin will be 0,00000100 Btc or 100 Sat, thinking how much energi will be use to mining Bitcoin.

Who says bitcoin is digital gold? You? Bitcoin is Bitcoin. It could be worth millions or nothing at some point and there's certainly no guarantees it will continue to climb and that's why bitcoin should be seen as nothing but an experiment and a very risky speculative asset. Bitcoin might be worth pennies by the next halving and there's nothing stopping people losing faith in it and jumping onto something else so don't bet your entire life saving son it unless you have balls of steel and believing in it more than anything else.