Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: bubot on May 22, 2019, 01:49:52 AM

Title: BTC is still the best performing asset of the last decade.
Post by: bubot on May 22, 2019, 01:49:52 AM
If an Argentinian had bought Bitcoin at the highest point of the "biggest bubble in history", in 2017, he would have been better off than leaving his money in  his Argentinian bank account. So tell me again how Bitcoin is a horrible store of value.

Plagiarized from Josu San Martin: https://twitter.com/josusanmartin/status/1130175860051521536

Articles:
Title: Re: BTC is still the best performing asset of the last decade.
Post by: damsix on May 22, 2019, 06:54:51 AM
You will also understand that the fees used by the Bank are very large and Bitcoin has a small fee.
If Bitcoin trades by itself, but if the bank has the money played by them and has time to take until the profits are earned.
Title: Re: BTC is still the best performing asset of the last decade.
Post by: Bobcrypto on May 22, 2019, 10:48:38 AM
Quote from: bubot on May 22, 2019, 01:49:52 AM
If an Argentinian had bought Bitcoin at the highest point of the "biggest bubble in history", in 2017, he would have been better off than leaving his money in  his Argentinian bank account. So tell me again how Bitcoin is a horrible store of value.

First of all, there was known a bitcoin pump in 2017 and not a bubble because such a pump could be repeated again, though we may not predict the time, but history has a way of repeating itself.
However, those who invested in bitcoin before 2017 in the entire world, would have been made millionaire and not only in Argentina, it was global opportunity. Thanks
Title: Re: BTC is still the best performing asset of the last decade.
Post by: alfatih99 on May 24, 2019, 02:00:55 PM
it's true and even though the current price is lower compared to prices in 2017 but I strongly believe that the future price of bitcoin will soar higher.
Title: Re: BTC is still the best performing asset of the last decade.
Post by: mimikri on May 24, 2019, 07:38:18 PM
Quote from: Bobcrypto on May 22, 2019, 10:48:38 AM
Quote from: bubot on May 22, 2019, 01:49:52 AM
If an Argentinian had bought Bitcoin at the highest point of the "biggest bubble in history", in 2017, he would have been better off than leaving his money in  his Argentinian bank account. So tell me again how Bitcoin is a horrible store of value.

First of all, there was known a bitcoin pump in 2017 and not a bubble because such a pump could be repeated again, though we may not predict the time, but history has a way of repeating itself.
However, those who invested in bitcoin before 2017 in the entire world, would have been made millionaire and not only in Argentina, it was global opportunity. Thanks

Millionaires are those guys, who invested in Bitcoins earlier when it just appeared. The lucky fellows could forget about BTC and then sell it for thousands.
Title: Re: BTC is still the best performing asset of the last decade.
Post by: ZionRTZ on May 24, 2019, 08:00:40 PM
Quote from: mimikri on May 24, 2019, 07:38:18 PM
Millionaires are those guys, who invested in Bitcoins earlier when it just appeared. The lucky fellows could forget about BTC and then sell it for thousands.

Let us not call them lucky. They were patient. They were the the ones who believed in bitcoin and held on despite the criticisms when they were just starting. I bet half of the younger enthusiasts today would never have stayed if they were in a similar situation. 
Title: Re: BTC is still the best performing asset of the last decade.
Post by: xeroz on May 25, 2019, 12:24:06 AM
Quote from: Zion03 on May 24, 2019, 08:00:40 PM
~snip~ I bet half of the younger enthusiasts today would never have stayed if they were in a similar situation.

Agree. In fact, many people leave crypto and Bitcoin investment in the middle of 2018. It shows us that they are in frustrating and not patient to wait for the next pump days. Whereas, if they did cutloss in 2018 and bought some Bitcoins when it declined more in the previous year, they already get big profits to trade them now.
Title: Re: BTC is still the best performing asset of the last decade.
Post by: Cutter Cute on May 25, 2019, 02:56:58 PM
When you get to know Bitcoin in 2010, you will buy BTC and now you will see prices in excess of $1.
The increase in BTC prices for everyone has been waiting for everyone because they are confident and trustworthy to be able to use BTC as a transaction tool, but because the demand rate continues to increase, prices continue to rise and fall again due to rejection from several countries due to price changes and not easy predicted
Title: Re: BTC is still the best performing asset of the last decade.
Post by: sampoerna on May 25, 2019, 06:43:29 PM
Bitcoin is the king of crypto coins. It always becomes the main target of investors to collect more. If this principle can be lasting, so the performance will be always good. I see this can continue longer and still no chance for other coins to overtake it.
Title: Re: BTC is still the best performing asset of the last decade.
Post by: I-Bit on May 25, 2019, 11:50:43 PM
I assume that there are no people that worry about investing in BTC. Just look at the fact, Bitcoin is the coin that can bring big profits to its holders. Till now, the performance of Bitcoin looks good and it determines the performance of all altcoins as well.
Title: Re: BTC is still the best performing asset of the last decade.
Post by: robelneo on May 26, 2019, 04:48:15 AM
Quote from: Bobcrypto on May 22, 2019, 10:48:38 AM
Quote from: bubot on May 22, 2019, 01:49:52 AM
If an Argentinian had bought Bitcoin at the highest point of the "biggest bubble in history", in 2017, he would have been better off than leaving his money in  his Argentinian bank account. So tell me again how Bitcoin is a horrible store of value.

First of all, there was known a bitcoin pump in 2017 and not a bubble because such a pump could be repeated again, though we may not predict the time, but history has a way of repeating itself.
However, those who invested in bitcoin before 2017 in the entire world, would have been made millionaire and not only in Argentina, it was global opportunity. Thanks

Bitcoin and cryptocurrency will always become a global opportunity, people are still making money and getting their dream to be financially free fullfilled, early investors are lucky to have invested at the right time.
Title: Re: BTC is still the best performing asset of the last decade.
Post by: Word on May 27, 2019, 11:41:32 AM
yes I myself also believe the price of bitcoin will also provide a higher value in 2019, because now the price is also starting to experience good prices.
Title: Re: BTC is still the best performing asset of the last decade.
Post by: Tiana1 on June 01, 2019, 11:38:12 AM
The fact that he bought at the highest point  doesn't mean he has lost forever, bitcoin was at the highest peak in the year 2017,history might just repeat itself and even surpass that highest price of Bitcoin. It might just take sometime. I understand that people were discouraged by that fall in bitcoin price but one needs patience in this crypto world. We can learn that from those that got lots of Bitcoin early and sold off too early.