Quote from: EclipseXcrypto on Today at 08:02:05 AM

Those who were hesitating to buy during the dip at $48k - $50k few months ago might be regretting now. It just shows how unpredictable the market can be, who would have thought that seeing Bitcoin below $50k again would seem like a distant possibility. Regardless of what bitcoin price may be, our steady accumulation puts our investments on the right direction because the future holds so many possibilities of which bitcoin holds a lot of potential

The market at this point is still a big opportunity because there is never a wrong time to buy Bitcoin. The potential in Bitcoin is fantastic and something everyone should see as a golden opportunity to be part of something amazing. With a fixed supply and many people becoming aware of it and even buying it, it can only get better for Bitcoin so buying now is a nice start despite the price that some people are thinking have gone a little higher.

Quote from: avp2306 on Today at 10:54:17 AM

Quote from: EarnOnVictor on Today at 07:49:04 AM

Quote from: Wind_FURY on October 29, 2024, 01:56:46 PM

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A Ponzi scheme? Bitcoin is far from it and should never be considered such by any reasonable person.

Being used to fiat is not a valid reason for anyone to play idiocy on a fact. Does Bitcoin pay A and deny payment to B? Or it uses the money of A to pay B etc, just like a Ponzi scheme? Certainly not. Bitcoin is a currency, but in the form of a decentralised crypto network, that's the only difference it has with fiat currencies. If the government allows it to have full rights and potential, it will help the people more than the fiat currency.

Actually what @Wind_FUry said is true that lots of people especially those who engage with traditional investment think that Bitcoin is just a Ponzi scheme. This is what they believe because they don't know how bitcoin works. But for sure those skeptical people lessen over the years especially when bitcoin gather much attention and got serious attention towards possible adaption especially if Trump would win as President this election.

I don't see much people now talk about bitcoin and maybe those who hate it before realize that bitcoin is a big deal that they missed for many years. Also feel bad for people still skeptical about it since they missed something good opportunity that can provably change their lives.

It is an unfortunate situation because I still see a lot of people around me that still see Bitcoin as a ponzi scheme. To them I'm not invested in something real because they don't believe Bitcoin is something to be trusted despite that Bitcoin have been around for long and continue to get better. Through them I understood that no matter how good anything is, it can never been good for everyone so instead of worrying myself about Bitcoin critics, I focus on making good use of the opportunity I have to build my Bitcoin portfolio. I rarely pay attention to them because I am convinced that they will one day come to the realization that I have been right all along.