Quote from: r1s2g3 on December 29, 2018, 04:02:12 AM

Quote from: BuyBuyBitcoin on December 28, 2018, 11:47:34 PM

Quote from: franky1 on December 28, 2018, 10:06:55 PM

secondly its more about a underlying value (below the speculative price) support. so it wont help you much predict the next speculative hype.

This is a good rule, along with "having a goal" for why you're buying bitcoin.

Our goal is simple, pull out the same or slightly higher amount of money put into bitcoin, anywhere in the world one day.

If we can do that, price doesn't matter too much day to day.

I think more we put speculation in price , more it become like gambling. I do not understand why we have lot of topic about the prices and almost no topics how to earn in bitcoin and spend in bitcoin.
All speculation still shows that people are not ready to leave the fiat system and just looking for place to dump their fiat so that they can get more fiat in future.

The point is to find the right entry price.

99% of society does not own bitcoin.

We are taking people from a regulated financial industry into crypto. There is no easy way to explain how to time Fiat to "True Value" correctly.

People are not leaving the fiat system for 20-50 years (if ever). Because all wealth in our societies current form is valued in....fiat.

These two systems will co-exist forever until society decides which currencies and assets are the best ways to store wealth long term. These short term fiat gamblers can keep doing their thing, until the day they finally want to hold. And more will hold, and more.