Bitcoin Bitcoin Lolol!!

Microsoft / Eng
☻Nutella☻

Go to company page Microsoft Eng

☻Nutella☻
Sep 13, 2017 37 Comments

Now that North Korea has been outed as a major player in Bitcoin, the chances that the US and other governments will start cracking down on Bitcoin has increased. This is being reflected in the price.

Good luck Bitcoin "investors" lolol!!

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TOP 37 Comments
  • Oh no, btc is only up $3,300 this year instead of 4,000. Our gains are slightly less stupid crazy! What are we going to do!? Panic!
    Sep 13, 2017 2
  • Microsoft / Eng
    ☻Nutella☻

    Go to company page Microsoft Eng

    ☻Nutella☻
    OP
    Bitcoin is down another $500 since 24h ago LOLOLOLOLOLOLOLOLOL!! $3400 after a recent peak of $5000.
    Sep 14, 2017 2
    • So what you're saying is....time to buy at a bargain.
      Sep 14, 2017
    • Microsoft / Eng
      ☻Nutella☻

      Go to company page Microsoft Eng

      ☻Nutella☻
      OP
      Is it a bargain? Last year 500 was the consensus. This year it's 5000. 2 weeks later it's 3000. Exactly nothing added more value to bitcoin during these last 12 months, therefore all these prices are valid.

      As a long term play, which is the only play, you're at an almost certain risk of it holding zero value. Why? Because some big catastrophe will happen to it, something else will become better and the infrastructure to support one or another coin will be streamlined giving little uniqueness to any one currency.
      An entity like a government has the resources necessary to destroy the faith in Bitcoin, which is what gives it value. If it really wills it, it can destroy it, and I can think of a million reasons why governments would want to disallow these currencies, so as a long term bet you're also screwed. It's very difficult to judge how long the bitcoin buzz will last, and predict how it will behave and when it will behave like it will.
      500 is just as valid a price as 5000.
      It's trendy right now. Do you see any kids with fidget spinners this year? Nope. The Bitcoin buzz will flatten after 2017, just like in 2015 and then it may or may not spike again.
      It's pure speculation on the absurdity of people and absence of outside forces that could devalue it.
      Sep 14, 2017
  • Microsoft / Eng
    userg

    Go to company page Microsoft Eng

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    Amazon, Salesforce, Zenefits
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    userg
    What is the best time to buy bitcoin? Wait for the price to go down and buy at local minima? Or buy now itself?
    Sep 13, 2017 4
    • Curious what makes you so anti cyrpto nutella? Fiat doesn't have any actual value backing it either. Btc has 21b coins which can be used to pay for goods and services. It is absolutely speculative which is why the price goes up and down but it's no different than any other non gold backed currency.
      Sep 13, 2017
    • Oracle / Eng
      50sink

      Go to company page Oracle Eng

      50sink
      Bitcoin is not 0 value. It has intrinsic value as for currency conversions.
      Sep 13, 2017
  • Microsoft / Eng
    Atari80

    Go to company page Microsoft Eng

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    Amazon
    Atari80
    Bitcoin is a long term buy & hold asset.
    Sep 13, 2017 2
  • Microsoft / Eng
    userg

    Go to company page Microsoft Eng

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    Amazon, Salesforce, Zenefits
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    userg
    Has anyone become a millionaire from crypto currency?
    Sep 25, 2017 3
    • Microsoft / Eng
      userg

      Go to company page Microsoft Eng

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      Amazon, Salesforce, Zenefits
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      userg
      Why will they loose if they can sell it and make money now?
      Sep 25, 2017
    • Facebook / Other
      mtshj

      Go to company page Facebook Other

      mtshj
      Most money is invested in later stages when the most upside has already been captured. People are also bad at holding during a downturn. There's plenty of people that bought in at 4500+ and then dropped to 3k
      Sep 25, 2017