focusedwriter10 Posted December 1, 2018 Share Posted December 1, 2018 I am still hopeful with Bitcoin. Although the prices are not as good as expected, I have made some profits. However, I feel sorry for those who invested in Bitcoin at a higher price, and the returns are now poor. Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-2972 Share on other sites More sharing options...
Martinsx Posted December 2, 2018 Author Share Posted December 2, 2018 On 12/1/2018 at 10:13 AM, Steve5 said: I'm glad there are people like you who feel for them. They should really consider their actions. Especially, before putting a ton of money on something they barely know anything about. It might just save their fortune. 😃 No reasonable human being would be happy seeing his fellow man lose millions of dollars in an investment that looks like a good prospect. Anyone can fall a victim of such, so it's not good to mock such people even though they made bad judgment call with their investments. 1 Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3022 Share on other sites More sharing options...
focusedwriter10 Posted December 2, 2018 Share Posted December 2, 2018 I am still hopeful with Bitcoin. Although the prices are not as good as expected, I have made some profits. However, I feel sorry for those who invested in Bitcoin at a higher price, and the returns are now poor. Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3027 Share on other sites More sharing options...
janie1984 Posted December 2, 2018 Share Posted December 2, 2018 I'm not disappointed in the currency, so much as I feel bad for people who invested when it was really high, now they're going to be lucky if they see a postive return ever. It's been so all-over-the-place that it would be nice for the currency to just maintain a stable value for once and not put so many people's financial healths at risk. Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3030 Share on other sites More sharing options...
Steve5 Posted December 4, 2018 Share Posted December 4, 2018 On 12/2/2018 at 5:32 PM, Martinsx said: No reasonable human being would be happy seeing his fellow man lose millions of dollars in an investment that looks like a good prospect. Anyone can fall a victim of such, so it's not good to mock such people even though they made bad judgment call with their investments. That's really nice. It's easy for other people to laugh at the misfortune of others. But truth be told, it happens to everyone. Some more devastating than others. So let's do what we can to inform people about their potential mistakes before it's too late. 😇 Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3091 Share on other sites More sharing options...
Martinsx Posted December 4, 2018 Author Share Posted December 4, 2018 On 12/1/2018 at 10:27 AM, focusedwriter10 said: I am still hopeful with Bitcoin. Although the prices are not as good as expected, I have made some profits. However, I feel sorry for those who invested in Bitcoin at a higher price, and the returns are now poor. Yes, it's such a shame that such investors have lost a great percentage of their investments because of how the cryptocurrency has dropped off in its price recently. Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3121 Share on other sites More sharing options...
Martinsx Posted December 4, 2018 Author Share Posted December 4, 2018 On 12/2/2018 at 1:32 PM, focusedwriter10 said: I am still hopeful with Bitcoin. Although the prices are not as good as expected, I have made some profits. However, I feel sorry for those who invested in Bitcoin at a higher price, and the returns are now poor. There is every possibility of the price of Bitcoin still rising up. It's only going to be a matter of time but it's eventually going to happen, I'm very sure of it. Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3122 Share on other sites More sharing options...
Martinsx Posted December 4, 2018 Author Share Posted December 4, 2018 On 12/2/2018 at 1:46 PM, janie1984 said: I'm not disappointed in the currency, so much as I feel bad for people who invested when it was really high, now they're going to be lucky if they see a postive return ever. It's been so all-over-the-place that it would be nice for the currency to just maintain a stable value for once and not put so many people's financial healths at risk. To be very honest, the drop in Bitcoin price have a serious impact on how most people who are likely investors are seeing the cryptocurrency. No one appreciates making any investment in unstable commodity and it's what Bitcoin has turned into at the moment. Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3123 Share on other sites More sharing options...
Martinsx Posted December 4, 2018 Author Share Posted December 4, 2018 14 hours ago, Steve5 said: That's really nice. It's easy for other people to laugh at the misfortune of others. But truth be told, it happens to everyone. Some more devastating than others. So let's do what we can to inform people about their potential mistakes before it's too late. 😇 Seriously, some people are just sociopaths as they derive joy in other people's misfortune. I can remember when one ponzi called MMM was very popular in my country. Such people were happy the ponzi scheme crashed, thereby making so many people lose a lot of money. 1 Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3124 Share on other sites More sharing options...
Steve5 Posted December 4, 2018 Share Posted December 4, 2018 34 minutes ago, Martinsx said: Seriously, some people are just sociopaths as they derive joy in other people's misfortune. I can remember when one ponzi called MMM was very popular in my country. Such people were happy the ponzi scheme crashed, thereby making so many people lose a lot of money. I can see how that's bad. While they celebrate the end of the ponzi scheme, they forget that people will also suffer their loss of money. I've heard that some unfortunate people became broke because of their bad investments. 😢 Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3129 Share on other sites More sharing options...
amosgwapo Posted December 5, 2018 Share Posted December 5, 2018 I am getting more and more disappointed in Bitcoin. As more and more issues arise in Bitcoin, the more censorship and "sweeping problems under the rug" kind of mentality shows from the Bitcoin Leaders. Yes the Bitcoin Leaders because Bitcoin is not decentralized, not by far. In fact it's the most centralized cryptocurrency of them all, maybe except Ripple. Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3145 Share on other sites More sharing options...
janie1984 Posted December 5, 2018 Share Posted December 5, 2018 15 hours ago, Martinsx said: To be very honest, the drop in Bitcoin price have a serious impact on how most people who are likely investors are seeing the cryptocurrency. No one appreciates making any investment in unstable commodity and it's what Bitcoin has turned into at the moment. Yes, it reminds me of the global crisis in 2008. That was a major part of my formative years and has made me very skeptical with investing at all to be honest. My family weathered the storm pretty well, but it makes me worry a lot about others and the financial setbacks they face. The volitile nature of BItCoin is making everyone uneasy. I'm a new investor to it and while I think the coin will go up over the long term again, probably settling more around $4500 there's peope who bought it back at like $16,000 and theyre never making that money back. Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3149 Share on other sites More sharing options...
Alymae Posted December 5, 2018 Share Posted December 5, 2018 On 11/29/2018 at 5:21 PM, Martinsx said: It's indeed terrifying because when you consider the amount of money that so many people would lose in Bitcoin investment, it would break most people's financial foundation. I also hope the price appreciates soon because if it keeps at this pace, it would be worst in 2019. True. A lot of people will be disappointed when this continues. As for me, I haven't invested anything that I cannot afford to lose so, I am still fine. But I am hoping for a good turnaround. Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3154 Share on other sites More sharing options...
Martinsx Posted December 5, 2018 Author Share Posted December 5, 2018 21 hours ago, Steve5 said: I can see how that's bad. While they celebrate the end of the ponzi scheme, they forget that people will also suffer their loss of money. I've heard that some unfortunate people became broke because of their bad investments. 😢 Yeah, it's really bad. Even though those who lost money in ponzi were warned because of high risk of losing their money to scammers, it's not the same thing with cryptocurrencies investments which still makes people lose money as well. Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3163 Share on other sites More sharing options...
Martinsx Posted December 5, 2018 Author Share Posted December 5, 2018 10 hours ago, amosgwapo said: I am getting more and more disappointed in Bitcoin. As more and more issues arise in Bitcoin, the more censorship and "sweeping problems under the rug" kind of mentality shows from the Bitcoin Leaders. Yes the Bitcoin Leaders because Bitcoin is not decentralized, not by far. In fact it's the most centralized cryptocurrency of them all, maybe except Ripple. Seriously, I wake up up looking forward to seeing something positive with Bitcoin but it's rather proving to be getting worse as the day goes by. Old investors in their cryptocurrency blockchain are really in deep mess at the moment. Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3164 Share on other sites More sharing options...
Martinsx Posted December 5, 2018 Author Share Posted December 5, 2018 6 hours ago, janie1984 said: Yes, it reminds me of the global crisis in 2008. That was a major part of my formative years and has made me very skeptical with investing at all to be honest. My family weathered the storm pretty well, but it makes me worry a lot about others and the financial setbacks they face. The volitile nature of BItCoin is making everyone uneasy. I'm a new investor to it and while I think the coin will go up over the long term again, probably settling more around $4500 there's peope who bought it back at like $16,000 and theyre never making that money back. Exactly my point. The early investors in Bitcoin have lost completely because I'm not sure if the price of Bitcoin would ever climb up to $10k and above. You are very correct my friend with that assertion on the impact of the global crisis in 2008, it did crippled the world's economy. Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3165 Share on other sites More sharing options...
Martinsx Posted December 5, 2018 Author Share Posted December 5, 2018 6 hours ago, Alymae said: True. A lot of people will be disappointed when this continues. As for me, I haven't invested anything that I cannot afford to lose so, I am still fine. But I am hoping for a good turnaround. It's true my friend, when it comes to making any investments, it's very important to invest only what you can afford to lose. It's just like gambling, it may work out and it may fall out. So, caution is advised. Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3166 Share on other sites More sharing options...
Steve5 Posted December 6, 2018 Share Posted December 6, 2018 11 hours ago, Martinsx said: Yeah, it's really bad. Even though those who lost money in ponzi were warned because of high risk of losing their money to scammers, it's not the same thing with cryptocurrencies investments which still makes people lose money as well. Well, that's one thing. People will learn from their mistakes. We can only hope that they're able to bounce back from this setback. It would be very sad if they lost a lot of money investing in cryptocurrency. 😂 Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3198 Share on other sites More sharing options...
Martinsx Posted December 6, 2018 Author Share Posted December 6, 2018 14 hours ago, Steve5 said: Well, that's one thing. People will learn from their mistakes. We can only hope that they're able to bounce back from this setback. It would be very sad if they lost a lot of money investing in cryptocurrency. 😂 Exactly! We learn every day as long as we are still alive and getting into one business transaction or another. We get to have more knowledge about what we do and use such knowledge to make a better decision in the future. Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3230 Share on other sites More sharing options...
Alania Posted December 6, 2018 Share Posted December 6, 2018 I'm kinda disappointed because I bought 6 months ago back when it was still quite expensive (compared to now). I was recommended by a friend. He said Bitcoin will beat all the existing cryptocurrencies and national currencies. Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3238 Share on other sites More sharing options...
Steve5 Posted December 8, 2018 Share Posted December 8, 2018 On 12/7/2018 at 2:59 AM, Martinsx said: Exactly! We learn every day as long as we are still alive and getting into one business transaction or another. We get to have more knowledge about what we do and use such knowledge to make a better decision in the future. That's right. And with cryptocurrency, we learn how to better handle our finances. Whether it be from research or personal experience. Even small investments mean something when they appreciate and you earn money. 😁 Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3327 Share on other sites More sharing options...
Martinsx Posted December 8, 2018 Author Share Posted December 8, 2018 On 12/6/2018 at 8:34 PM, Alania said: I'm kinda disappointed because I bought 6 months ago back when it was still quite expensive (compared to now). I was recommended by a friend. He said Bitcoin will beat all the existing cryptocurrencies and national currencies. How frustrating this gets as the day goes by is very annoying because you wake up everyday to see that you are losing out in your cryptocurrency investment. Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3334 Share on other sites More sharing options...
Martinsx Posted December 8, 2018 Author Share Posted December 8, 2018 3 hours ago, Steve5 said: That's right. And with cryptocurrency, we learn how to better handle our finances. Whether it be from research or personal experience. Even small investments mean something when they appreciate and you earn money. 😁 Personally, now I'm not sure if it's wise to invest in cryptocurrency because it's still falling. If you are investing, just make up your mind that it will keep falling at the moment till it appreciates. The question is when will it appreciate? 1 Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3337 Share on other sites More sharing options...
janie1984 Posted December 9, 2018 Share Posted December 9, 2018 On 12/6/2018 at 12:10 AM, Martinsx said: Exactly my point. The early investors in Bitcoin have lost completely because I'm not sure if the price of Bitcoin would ever climb up to $10k and above. You are very correct my friend with that assertion on the impact of the global crisis in 2008, it did crippled the world's economy. Cryptocurrency had a bubble when it really didn't deserve one. Unfortunately, I don't think people have learned anything since 2008 which you can really see in how stock markets and housing markets are trending these days. Bitcoin just happened to be the first of what will be many bubbles popping. 1 Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3369 Share on other sites More sharing options...
Steve5 Posted December 10, 2018 Share Posted December 10, 2018 On 12/9/2018 at 4:59 AM, Martinsx said: Personally, now I'm not sure if it's wise to invest in cryptocurrency because it's still falling. If you are investing, just make up your mind that it will keep falling at the moment till it appreciates. The question is when will it appreciate? That's kind of funny and scary at the same time. It could be just troublesome worrying on our part. But it could also be that cryptocurency is on its way to failure. Though, I wouldn't count on it happening. It's a very stable and reliable online currency. Especially, bitcoin. Let's just see how things go. 😂 Quote Link to comment https://slingbank.com/forums/topic/1705-are-you-disappointed-with-bitcoin/page/2/#findComment-3393 Share on other sites More sharing options...
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