Quote from: Khaos77 on February 28, 2020, 06:55:32 PM

Quote from: suzanne5223 on February 27, 2020, 07:15:00 PM

Quote from: Khaos77 on February 26, 2020, 07:17:27 AM

Quote from: omone1 on February 25, 2020, 12:20:36 PM

It happened that yesterday a secondary school teacher who teaches in a private school visited my office after sighting my banner about learning how to buy/sell bitcoin and other cryptocurrencies. He told me he heard bitcoin could make him to become very rich at the shortest possible time.

Did you tell him , Bitcoin can no longer make him rich.
Or
Did you let him believe that nonsense?

Because it is like this, let's say he put in $10K and purchased 1 Bitcoin.
If Bitcoin went to $100K a 10X increase, he makes $90K.
Very Nice if it happen, but odds are it won't.
The days of 1000x or 100x gains for Bitcoin are over, or did you not know this.

@OP, I respect what you're doing.
@Khaos77,I went through some of your previous posts and the topic you constantly participated and i have a reason to believe is either you lack the require understand about bitcoin or you're aning those guys which are here to spread FUDs about bitcoin.
For your information, you won't succeed.

Ok , smarty pants,

Are you one of the numb nuts that think Bitcoin is going to $1 million bucks next week.

Because if the guy could only afford 1 bitcoin near $8½K , it would take ~117X increase in price for that to happen.
(To make him a Millionaire, ie: technically rich)
(Odds are he could not even afford that entry amount.)
*Note he has to sell to actually earn it.*

Your delusional fantasy that btc is a money making machine for anyone that entered after 2014 is nonsense.
Even the 2014 ($400) to 2018 Peak ($20K) , only saw a 50X gains and they had to sell right at the peak,
Aside from Charlie Lee (Insider trading) , no one else came close.

Morons call fud because they are too stupid to counter with facts.

Logical people show math. Wink

FYI:
Here the thing , If BTC had true utility use, it's price will continue to increase,
problem is every other crypto does it cheaper and faster and just as reliable.
People ignoring the reality and hoping BTC pulls them out of poverty like some magical superfriend are beyond hope. Tongue

Grow up, BTC bubble burst in 2018 and there has been no recovery only dead cat bounces since then.
Lying to newbies, so they are left holding the bag instead of you is just bad form.

Firstly, anyone that think or believes bitcoin is a money making machine or a check to rich scheme is dumb but that doesnt mean investors and traders with good knowledge cant make money through bitcoin.

Youre right about people ignoring the reality about crypto investment but i believe I'm not in that section and if you check my post history you'll understand that i never ignore the reality about the market momentum.

With that been said, you said some people called your statement FUDs because they are stupid to relate with the "fact" and the last time check fact is an act of proven simething to be true with evidence. Although, price of bitcoin wont surge more than $20-35K as new ATH is concern but you dont provide an evidence to back your claim.