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What do people think about Bitcoin?

Discussion in 'BBS Hangout' started by Spooner, Jan 25, 2014.

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What is the fate of Bitcoin?

  1. Currency of the future

    34.8%
  2. Passing Fad

    65.2%
  1. Sajan

    Sajan Member

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    @DonnyMost
    Pullback in sept, then rally in october....cycle top in Q4......then the bear market?
     
  2. DonnyMost

    DonnyMost Member

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    That's as valid of a guess as anything if you want to try and time the market.

    Of course just buying and holding is an auto-win, so do that instead.
     
    Sajan likes this.
  3. Sajan

    Sajan Member

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    Haven't sold any BTC. Just been buying.

    ETH flipped once. Holding some now..deciding whether to flip it during this cycle top..
     
  4. DonnyMost

    DonnyMost Member

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    Trying to time Bitcoin's price is a difficult task.

    Trying to time -insertrandomshitcoinhere-'s price vs. Bitcoin is an impossible task.

    Just wash your hands of it and move on.
     
  5. Space Ghost

    Space Ghost Member

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    just smile, nod and remind them their guess is as good as any.

    if a position must be closed out before end of year, do it around Dec 7-10. Even that could be baked in.

    anyone expecting massive drawdown by q126 might be in for a surprise.
     
  6. Sajan

    Sajan Member

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    I don't know if i consider ETH a shitcoin..

    But ya I get your point.
    I see it as BTC...............................................ETH.

    and whatever shitcoins are out there.
     
  7. DonnyMost

    DonnyMost Member

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    Ethereum isnt just a shitcoin, it's the shitcoin that most other shitcoins spawned from.

    The trail of red flags eth has left in its wake is insane. Don't walk, run.
     
    Sajan and LosPollosHermanos like this.

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