Post
Topic
Board Bitcoin Discussion
Re: Who's brave/stupid enough to invest their life savings into Bitcoin?
by
Thingamajig
on 18/08/2014, 22:28:39 UTC
I put $500,000 into Bitcoin at $600-$630 so I guess that makes me either brave or stupid, considering I've lost 20% of my investment already.

Here's the proof: 1DDWEQM11uMUKiqpGEWvBT2at3CjCw3Vra

Nevertheless, I am 100% convinced that Bitcoin is heading for $1000 or more in the next few months.  It's always a wild ride in the Bitcoin world.

And if I lose my $500k it's really just a drop in the bucket :-)

I actually found this quite laughable.

1. My intuition tells me BTC and any PoW coin will slowly decline as mining becomes more centralized and harder, people will steadily migrate to alternative crypto's that don't use a PoW model.

2. The fact that you brag of your holdings, then in your second breathe state of it's inevitable rise indicate to me your bias - trying to entice people to further buy in just to enrich yourself.

3. The fact that you stole a chunk of those BTC's just goes to show what sort of character you are. I'm sure alot of what you say is twisted and poison.