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[–]clubberin 0 ポイント1 ポイント  (0子コメント)

Hi there!

Bitcoin has been a subject I've been looking into for a while, but I never really dipped into it, so I have no losses, so I can't be bitter. I never really understood what it's supposed to be though.

See, when it started out, it was an alternative currency. It was very popular when Wikileaks and other sites were having trouble collecting donations via major card carriers and PayPal. It was a middle finger to government-controlled spending. It was revolutionary. It had many, many believers.

Then a few people came in and saw the market increase and started using it as an investment. It got co-opted and from what I've seen is a lot of the core group (no pun intended) got frustrated and left, because what started as an alternative currency to move the world forward (in theory, anyway) was sidetracked by "idea guys" and get rich quick schemes.

When you go on and on about the value of BTC, all I see is you trying to get rich quick. That's it. You, if anyone, hopped on a bandwagon. You're hoping this fad holds out long enough to take you to the proverbial moon. You hope that you don't get suckered by holding out too long and watching the price drop when the next wave of cash-outs comes around.

BTC is too expensive for anyone to buy into right now. Mining takes so much power that many would have to hope for one of those "accidental" transaction fees at 300% of the transaction itself just to break even.

What happened to adoption? Oh, right, no one wants to spend BTC. Every thread is about holding and having strong hands. Spending is wrong.

It's an investment now. So you shelled out for a few coins at $400/ea and you're bragging because you're lucky it hasn't crashed again, but you're one political edict away from losing everything. Hell, there was a drop when it was only mentioned that Chinese officials were discussing BTC.

That's the world you have. You're in a world of worry and frenzy. When is the next drop going to come? Should I cash out at $1240 or hold on hoping for $1300? What if it hits $1300, will everyone cash out or just a few? Will I be able to get out before others to make sure I get the most out of it? What happens if mandates and policies are put on BTC? What if the IRS starts questioning yearly gains? What happens if the Exchanges get investigated, or worse, just close without warning.

But, you keep hiding it with this braggadocios attitude. If you have BTC, you don't know when the bubble is going to burst. So you do the only thing you can do. You mock us for avoiding the nightmare that is this Chaos Coin.

You don't have the comfort of having your funds insured, or readily available. You'll have to have them converted to fiat. Hopefully by then your financial institution will actually welcome funds coming in from a BTC exchange, under the assumption they haven't been blacklisted for illegal activities.

There's a lot of comfort and peace of mind that BTC investors seem to have given up, just to get a few extra dollars.

So... Sorry for your loss.