If you bought a product in January using Bitcoin...

Discussion in 'Crypto Assets' started by Pekelo, Nov 26, 2017.

  1. Hoi

    Hoi

    Yeh, Pekelo was trolling me badly in 2013 and the years following. What a missed opportunity.

    He is like those horseman in 1905, telling people that Cars smell badly, make noise, are dangerous, are expensive, and uncomfortable, while never saw any car in real live but heard it somewhere from fellow horseman.
     
    #11     Nov 27, 2017
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  2. Cuddles

    Cuddles

    I like pekelo's trolling, it's based on skepticism and mockery of herd mentally rather than outright dismissal. Very different from someone else who trolls in here quite often.

    Anyone in Bitcoin who's fallen in love with their "investment" is in for a world of hurt it they don't remain skeptical about the pricing.
     
    #12     Nov 27, 2017
  3. Hoi

    Hoi

    What's the point of repeating the same false arguments for 4 years, while the reality clearly proves otherwise?
    Or in the analogy of the cars: telling the same in 1915 while seeing everyone around you driving or wanting a car, while you still ride your horse.


    I agree!
     
    Last edited: Nov 27, 2017
    #13     Nov 27, 2017
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  4. Pekelo

    Pekelo

    Oh I am sorry, I didn't know there is a permit I have to get before I express my thoughts. Where do I get it, at the Thought Police?

    I never owned Amazon shares, so I can't have an opinion on those either? Have you ever been to a movie? No? Then never ever tell me your opinion about a film because, you get the point...
     
    #14     Nov 27, 2017
  5. Pekelo

    Pekelo

    Yeap. Because eventually you are going to sell, the question is just, when? Youmight want to hold it until let's say 15K, but what is the guarantee that it won't top at 13K and drop back to 5K?

    Also, as much as I appreciate personal attack, what about an ontopic argument? Oh, but you guys don't have one except the "but look at the price!" :)

    I feel like it is 1999 and you guys are buying up tech stocks, because it is a new paradigm and who cares about earnings and profits?
     
    #15     Nov 27, 2017
  6. Chris Mac

    Chris Mac

    You bought products? Generally, BTC's owners buy houses, flats, gold bullion ...
    You got the good investment and the good timing, not the reward. Sad :(

    CM
     
    #16     Nov 27, 2017
  7. Macca1

    Macca1

    Oh yeah, I forget to mention I bought 6x houses & a condo aswell.

    The only reason I ever got into BTC was so I could buy products anonymously. Which sounds foolish now. However, it was a blessing in disguise.
     
    #17     Nov 27, 2017
  8. Macca1

    Macca1

    But the herd has been against BTC for years . It's only become "popular" recently.

    Considering the pittance that some of us paid, It's better to have owed, than to have never owned. A world of hurt sounds like more of an appropriate phrase for those who have so far missed out.

    And who's to say i'm not skeptical?
     
    #18     Nov 27, 2017
  9. Macca1

    Macca1

    It might very well be 1999, but we were buying in the early 90s.

    Exactly, no one cares about earnings and profits anymore. Value investing is dead. You can thank the Fed.
     
    #19     Nov 27, 2017
  10. just21

    just21

    I paid my monthly office rent in 2014 with 1 bitcoin. The guy I was renting a desk from did not keep it! Using bitcoin to buy things with has gone out of favour now which probably means Visa and Mastercard are safe and are now a buy.
     
    #20     Nov 27, 2017
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