RE: Bitcoin Bull Trap?

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Bitcoin Bull Trap?

in bitcoin •  8 years ago 

I don't factually know you are wrong, but what's going to happen when people are losing money around the world due to inflation, and metals might be unobtainable? It's possible that bitcoin was invented by a faction in the government for the moment the dollar becomes worthless.

What about "wrongness insurance" buy a little bitcoin incase it's great for reasons you can't understand?

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What if bitcoin was invented to stave off inflation or to protect the precious metals paper shorts?

Maybe, but you need some wrongness insurance. There is a real lack of genuine diversification that doesn't suck.

Totally agree, been trying to get friends and family just to buy 100 USD of BTC since last October and had little to no success and yet every month they put hundreds of USD into pension plans and they don't even have any idea what they are being invested in.

I assigned some BTC in my portfolio for them and will donate at the appropriate moment.