Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin a failed experiment?
by
LogitechMouse
on 29/02/2020, 23:20:47 UTC
Today I'm thinking of selling my BTC even though it would be a big loss right now I've been with BTC a while and used to the volitility but this time I believe it's different
A sign that you are a newbie investor and your belief towards Bitcoin is a negative one. You can't even take the volatility that is within Bitcoin then why did you invested on it at the first place? Before investing, you must do some research first and not just throwing your money away to an investment in which you don't know.

I was a believer in BTC and the future of crypto I believed having 1 or more BTC was a smart thing to do that many would look back in 10 to 20 years wishing they'd bought some when it was still obtainable by the regular Joe.
Correction. Bitcoin is 11 years old right now so you should say "11 years ago" than "10 to 20 years ago".
Well, nobody expected that this will happen to Bitcoin 11 years ago so it will go down to one word "trust".

Now I feel that BTC will trend down hitting sub 1 dollars prices possibly even 0 over the next 12 to 18 months. the current coronavirus outbreak has been BTCs first real test and it failed hard and failed immediately. It's not a store of wealth and its failure to hold value in a economic down turn is spectacular and visible to all.  Today I think BTC is a failed experiment. What are your thoughts?
I know that predicting the price of Bitcoin can be use by all people but you are predicting base on nothing. Base on the stupid news coming from the news channel blah blah. Total bullshit. If you are here to say negative thoughts about Bitcoin then you can leave your "newbie" account here and find another investment.

My opinion, give some time for BTC to be used globally. At this moment, it is not a failed experiment because it achieved so many things in a short amount of time. Nahhh just leave Smiley