Quote:
Originally Posted by jscott
Bought in, got emotional on the rises & declines, and got out very dissatisfied are the ones who call it a scheme. This person probably also never used it. Never realized the speed, ease, tiny fees, and independence of it.
Bitcoin is new, it's finite yet not even done yet being fully created.
"A smart investor" --- a SMART investor would rip into bitcoin and make massive gains on every rise and fall.
Good you got out  Bitcoin is not for everyone. |
the main people who sing bitcoins praises are those who got in real early, like yourself and already made a bunch of money off it.
people who got it late last year are eating it and these people were told by people like yourself that it can only go up will be worth 100k, etc,etc.
in another post you mention you can spend bitcoin daily...but im sure you don't! who would? no on wants to spend bitcoin. They just want to make money off it.
investing in bitcoin is like investing in an idea. digital currency. bitcoin doesn't do the job very well with transaction fees, long wait times and instability but i do like the idea of digital currency. if only there was one that was stable, fast, low to no fees and not treated like an investment..