Quote from: Oneandpure on November 06, 2019, 06:55:05 AM

Quote from: rose9696 on November 06, 2019, 04:02:34 AM

Quote from: K_os on October 14, 2019, 12:24:08 AM

Lot of people are making price predictions and many years ago I did as well.However, I stopped thinking in fiat and only thought about stacking stats. In the end we are part of a financial revolution much like Tesla in cars- uber in taxis.The financial market is in a recession when you have bankers, government official telling you we are doing great it's to cover up the truth.

I told some friends in 12/2015 that btc in few years will be 10 k . I am no market analyst I just based it on scarcity. Those same friends bought in 2017 and called me thinking I knew what the next target is and I told them shit, I got lucky I have no idea. Four years later and now I am thinking scarcity again and 95k in a few years is my next prediction because why not we all love a number to gravitate to.

In 2016 saw a youtube video, and in there was a Chinese mining operator that did not speak english well but would say just buy 1 BTC and many people laughed at him dunno if it was because of his accent or because he was a miner promoting BTC. I thought about that back than and realized that 1 btc is attainable at 500 usd.

I would tell family and friends and got a response like I will wait till it comes down. If those people listened 1 year later would have profited well. Now I tell friends .1 BTC I think for many that is attainable, now the response is did bitcoin not crash. My point is that I think if we educate fundamentals which is tough we might win some hearts.

Certainly bitcoin is very hard to collapse because it has so many manipulative organizations behind it. Sharks make money on market manipulation, pump and dump.
This is a very important reason for the increasing value of Bitcoin.
But I think bitcoin will be difficult to last long as more and better technologies and transactions become faster, fees are lower. I'm worried for bitcoin when there's a new bitcoin with a similar mechanism but better yet, it's Bitcoin2. what do you think ?

I have been two years with bitcoin investment, I have faced with moment bitcoin goes down and up. Bitcoin always give surprise moment when bitcoin down can raise to higher price and can give solution for investor to get chance with bitcoin and altcoin investment, now I will focus my time with bitcoin investment and looking which site can give free way to earn bitcoin.

Bitcoin has always been like that. Bitcoin goes up and down and there is nothing we can do about it but to keep holding and believing bitcoin that it will bring a life changing price movement for us. It is better for you to diversify and don't purely rely on bitcoin as an investment or source of passive income because even though bitcoin has a lot of potential, it could still go down to zero so it is better to diversify to be safe.