Bitcoin slapped hard on face of illiterate humans ( speculators)
Typical Bitcoin/crypto fan, gambler/speculator:>
1. Bitcoin is future: FALLS 35% IN LIKE 3 DAYS, OTHER CRYPTO CURRENCIES GIVING COMPETITION AND MANY ARE ACTUALLY BETTER THAN BITCOIN
2. Bitcoin is digital gold: GOLD HAS BEEN USED AS A STORE OF VALUE EVEN BEFORE 2630 BC–2611 BC TO TILL NOW, BTC LEGS ARE SHAKING WHILE IT'S JUST 8 YEAR OLD BABY
3. it will keep going up: CURRENTLY 35% DOWN, IT WILL BE GREAT TO SEE IF IT GOES MORE UP, MORE PEOPLE WILL INVEST AND LOSE MONEY, NO SYMPATHY FOR SPECULATORS, HISTORY IS BEING MADE AND MORE IT WILL GO UP, MORE INTERESTING WILL BE THE HISTORY OF THE RISE AND COLLAPSE OF BUBBLE
4. is a safe investment: PLEASE READ SOME FINANCE/INVESTMENT BOOKS
5. good for speculating and making quick money: REALLY? WHICH CRYPTO HAS MORE CHANCE TO GIVE HIGHER RETURNS, A CRYPTO AT $0.40 OR A CRYPTO AT $19,000. IT'S EASY TO GET DOUBLED FROM 40 CENTS TO 80 CENTS THAN TO DOUBLE FROM $19,000 TO $38,000
6.Bitcoin is currency: VERY VOLATILE, HIGH FEES FOR SMALL TRANSACTIONS, IS BACKED UP BY NOTHING
7. bitcoin is unstoppable: GOVERNMENTS LOVE TO CONTROL EVERYTHING, IT'S JUST A MATTER OF TIME WHEN SEC WILL SUSPEND TRADING OF ANY CRYPTO AND THIS MANIA WILL BE STOPED FOREVER. BITCOIN IS LIKE SILK ROAD, MORE IT WILL GET BIG, MORE IT WILL GO TOWARDS IT DEATH
Here is a conversation between Peter Schiff and a typical bitcoin speculator: youtube.com/watch?v=fFuT-MEMu94
1. Bitcoin is future: FALLS 35% IN LIKE 3 DAYS, OTHER CRYPTO CURRENCIES GIVING COMPETITION AND MANY ARE ACTUALLY BETTER THAN BITCOIN
2. Bitcoin is digital gold: GOLD HAS BEEN USED AS A STORE OF VALUE EVEN BEFORE 2630 BC–2611 BC TO TILL NOW, BTC LEGS ARE SHAKING WHILE IT'S JUST 8 YEAR OLD BABY
3. it will keep going up: CURRENTLY 35% DOWN, IT WILL BE GREAT TO SEE IF IT GOES MORE UP, MORE PEOPLE WILL INVEST AND LOSE MONEY, NO SYMPATHY FOR SPECULATORS, HISTORY IS BEING MADE AND MORE IT WILL GO UP, MORE INTERESTING WILL BE THE HISTORY OF THE RISE AND COLLAPSE OF BUBBLE
4. is a safe investment: PLEASE READ SOME FINANCE/INVESTMENT BOOKS
5. good for speculating and making quick money: REALLY? WHICH CRYPTO HAS MORE CHANCE TO GIVE HIGHER RETURNS, A CRYPTO AT $0.40 OR A CRYPTO AT $19,000. IT'S EASY TO GET DOUBLED FROM 40 CENTS TO 80 CENTS THAN TO DOUBLE FROM $19,000 TO $38,000
6.Bitcoin is currency: VERY VOLATILE, HIGH FEES FOR SMALL TRANSACTIONS, IS BACKED UP BY NOTHING
7. bitcoin is unstoppable: GOVERNMENTS LOVE TO CONTROL EVERYTHING, IT'S JUST A MATTER OF TIME WHEN SEC WILL SUSPEND TRADING OF ANY CRYPTO AND THIS MANIA WILL BE STOPED FOREVER. BITCOIN IS LIKE SILK ROAD, MORE IT WILL GET BIG, MORE IT WILL GO TOWARDS IT DEATH
Here is a conversation between Peter Schiff and a typical bitcoin speculator: youtube.com/watch?v=fFuT-MEMu94
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