Post
Topic
Board Bitcoin Discussion
Re: Why HODLers now pray for banks and institutions to enter if Bitcoin...
by
clrpod
on 01/12/2018, 12:37:35 UTC
if everybody gets a lambo there will be flying lambos and no one will want the lambos anymore

bitcoin introduced crypto more wasn't necessary it would be insane wasting global electricity for bitcoin

in the real world you can see opportunities are out there for anyone to grab them but we only see one Steve Jobs instead of millions. the same thing is true here too. those newbies who busy themselves with FUDs from other newbies and whale accumulators are always left behind. we have had the same discussions against bitcoin for years and bitcoin has been rising ever since. I remember people saying the same nonsense when price was $200 and I still continued to buy it.

now guess which one of us has more money? Wink
someone who bought bitcoin in that dip when everyone else was saying bitcoin is dead or someone who listened to the FUD and sold at a loss and didn't buy back...
yes, you are right, this kind of thing keeps repeating, every time always there are those who say that, and maybe not many people like you are lucky because you know bitcoin from the beginning, so you can now enjoy the results, but on the other hand those who are new to Bitcoin this year will certainly find it difficult to understand and accept conditions like now.

I find it an interesting debate of it was easier to buy in faith then or now? On one hand, it's more clear now the potential bitcoin has and it's closer to achieving that so there's less risk, but the upside is lesser because of the already higher price. Alternatively previously the potential profit was much higher but the risk was more. I'm not sure which was a more attractive investment proposition.