Bitcoin's Set for Best Week Since June

[apaeth]

Buy after the next hack...sell before the next one. Easy money and more predictable then the stock market.

[luctens]

Buy after the next hack...sell before the next one. Easy money and more predictable then the stock market.

There's no such thing as "easy money", and Bitcoin is anything but "predictable". Stop talking such rubbish.

[KalouKalou]

There's no such thing as "easy money", and Bitcoin is anything but "predictable". Stop talking such rubbish.

Be ready for the nfl playoff

[apaeth]

There's no such thing as "easy money", and Bitcoin is anything but "predictable". Stop talking such rubbish.

Yeah... that's why the day after the Bitfinex hack the value fell almost 20% and the whales and humpers were right on top of it like they are after every hack or calamity. Buying low and selling high is a fundamental and bitcoin is proving too popular to be a long-time loser... What's your ROI at the tables or sportsbooks? Because anyone who bought after the last hack and sold before the election made around 40% in 3 months. I'll be spending that rubbish for Christmas this year.

[luctens]

Yeah... that's why the day after the Bitfinex hack the value fell almost 20% and the whales and humpers were right on top of it like they are after every hack or calamity. Buying low and selling high is a fundamental and bitcoin is proving too popular to be a long-time loser... What's your ROI at the tables or sportsbooks? Because anyone who bought after the last hack and sold before the election made around 40% in 3 months. I'll be spending that rubbish for Christmas this year.

You say "bitcoin is proving too popular to be a long-time loser". That's the kind of mug talk that'll get you in a lot of trouble by deluding yourself that you can go no wrong with Bitcoin and it all just has to be profits all the way as nothing will ever go wrong with it in the long term.

Anybody with any common sense can see that for every hack there is, that will further diminish people's confidence about the security of Bitcoin, and if there are any more hacks in the future, there will be a tipping point where loads of people say they've had enough of it, start selling all the Bitcoin they have and the price will collapse, and you'll be there wondering why you've chucked your money down the drain on something you stupidly convinced yourself you couldn't lose on.

If you want Bitcoin to still even be around even in the short to medium term, the last thing you need to be hoping is for is any more hacks.

You need to stop deluding yourself into thinking Bitcoin cannot possibly lose for you, as otherwise you're putting yourself at massive risk of oblivion.

[apaeth]

You say "bitcoin is proving too popular to be a long-time loser". That's the kind of mug talk that'll get you in a lot of trouble by deluding yourself that you can go no wrong with Bitcoin and it all just has to be profits all the way as nothing will ever go wrong with it in the long term.

Anybody with any common sense can see that for every hack there is, that will further diminish people's confidence about the security of Bitcoin, and if there are any more hacks in the future, there will be a tipping point where loads of people say they've had enough of it, start selling all the Bitcoin they have and the price will collapse, and you'll be there wondering why you've chucked your money down the drain on something you stupidly convinced yourself you couldn't lose on.

If you want Bitcoin to still even be around even in the short to medium term, the last thing you need to be hoping is for is any more hacks.

You need to stop deluding yourself into thinking Bitcoin cannot possibly lose for you, as otherwise you're putting yourself at massive risk of oblivion.

You have a backwards way of viewing opportunity and risk...Your retorts make sense for long term holdings and overall investing but none for short term capitalization. Of course there is risk. There is risk in every investment but right now the opportunity provides rewards. When it reverses it will be time to get out but Crypto-doomsdayers have been making predictions like yours since inception. Bitcoin is still around, growing in popularity and offering value on timing.

Hoping for hacks? No, just leveraging them as they occur. Stick to bonds if you need security...I like a bit of exposure with my coffee.