Post
Topic
Board Speculation
Re: i put almost all my money and lost a lot
by
Cyberlight
on 08/02/2014, 21:20:06 UTC
do not do my error, go away until you can, this is a gigantic bubble, in few years people will laugh at "that bitcoin bubble of 2013-2014" and books will write on it. There is no future.

Last year at this time, Bitcoins were worth $22 USD each.

Today, after the fall, $750...

Smiley ahh always when someone mention  price from year ago I am getting into dreams that in 2015 it is going to be
30000$ Smiley

Not gonna happen. The only way to get rich was to get early enough back in the day, we missed the train so we are headed into a life of missery and in general not being a millonaire. The only future millonaires off bitcoin now will be already rich people that can enter into the market hard enough at current prices. There isn't going to be a similar bubble again in our lifetimes. I wonder where all these "bitcoin could reach 1 million" people will hide when they realize that's nonsense.
Btw, no one cares about Bitcoin as a cryptocurrency, only a minority do care. I hope it's a success, but i've never seen anyone in real life that knew what Bitcoin is. The only people that care when I explained it to them were other nerds. So yeah, we have 1% nerds which care about it as technology, and 99% speculators that dont know shit about technology. I've heard more "normal people" talk about Dogecoin than Bitcoin, which shows in the number of transactions Dogecoin already being the world's first.
That's your opinion, which is not relevant.

Because you missed the boat, you just hope it does not reach that amount.