Bitcoin boom

Amazon
nmbjnjb

Go to company page Amazon

nmbjnjb
Feb 25, 2019 68 Comments

I invested heavily in BTC,Eth,LTC. Am down more than 50%. This has been the worst investment of my life. Just wondering do y'all believe BTC would come back again with a boom?

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  • Apple
    88812122

    Go to company page Apple

    88812122
    No
    Its going against governments , allowing money to go par borders

    How much you lost?
    Feb 25, 2019 15
    • New / Eng
      🌑🌒🌓🌔..

      New Eng

       🌑🌒🌓🌔..
      People without bank account would need to get one.
      Jun 26, 2019
    • Intel
      D’s🥜

      Go to company page Intel

      D’s🥜
      And I suppose a blackout, a bank shutdown, or a credit card processor system shutdown doesn’t have any impact either.
      Jun 26, 2019
  • Facebook / Eng
    wunderpus

    Go to company page Facebook Eng

     wunderpus
    “Invested” -> “gambled”
    Feb 25, 2019 1
  • eBay
    lojojo

    Go to company page eBay

    lojojo
    Absolutely not!
    What is bitcoin? Actually nothing, it’s just fictional value, which went up because everyone wanted to enjoy the ride. It’s a dead horse now
    Feb 25, 2019 0
  • I believe. People thought the same in 2014. It's a cycle. There will be another pump in the future. Couple years. Same shit repeats
    Feb 25, 2019 3
    • Isu: I'm sorry you don't see value in bitcoin. Ability for government not to freeze funds. Ability to send money to whoever without question from banks. Bitcoin functionality has not changed since it was created. It's only getting more and more awareness now. Sure, the 2017 pump was crazy and needed to correct. But bitcoin value will always remain. Tulip? Wtf can I do with a tulip? I can't easily send it to whoever around the world. Don't compare apple with oranges
      Feb 26, 2019
    • Uber
      isu

      Go to company page Uber

      isu
      See below for my much lengthier discussion of the nature of currency. The ability to trade is actually at most a secondary objective of the construct.
      Feb 26, 2019
  • Honeywell / Eng
    that1guy

    Go to company page Honeywell Eng

     that1guy
    Governments aren’t very happy to embrace untraceable virtual money. That’s why countries are banning it. Maybe you can’t stop it, it’s inevitable and all that, but here’s what happened.

    Why did it boom? - because it became super trendy. When my barber starts telling me to get into bitcoin, it’s time to get out
    When will it boom again? - it won’t boom due to trending. That ship has sailed. Now the only way it’ll go up is if it becomes more valuable. Therefore bitcoin has to become accepted everywhere. Buy lunch; bitcoin. Buy clothes, bitcoin. Takes cab, bitcoin.

    Again, I don’t see the past repeating. If anything it’ll be a very slow climb if at all, and more likely decline again
    Feb 25, 2019 7
    • Amazon
      nmbjnjb

      Go to company page Amazon

      nmbjnjb
      OP
      I invested a little in bitcoin. Most of investment is in Ethereum, litecoin, cardano.
      Feb 25, 2019
    • Honeywell / Eng
      that1guy

      Go to company page Honeywell Eng

       that1guy
      Trickle back to the main source? No. My point was tumblers. Example, police trace a 50 bitcoin deposit that’s of big interest. They work backwards a couple steps from a couple wallets to the tumbler. They’ve traced the 50 bitcoins from 200 smaller deposits that were randomized. That’s ok, they worked from the destination back to this source. Only problem is the inputs to the tumbler are the same. Hundreds of thousands of randomized small deposits. No 50 bitcoin in 50 bitcoin out. The tumbler has no lasting records that say these 250 incoming randomized bitcoins deposits worth 50BC = these 200 outgoing randomized withdrawals. Instead they have thousands of incoming deposits as possible deposits. It’s very unlikely anyone will be able to continue the trail through the tumbler unless they already had a suspect and originating wallet.
      Feb 25, 2019