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RE: Bitcoin dropped and it is going to 5000$? Do not panic! Buy!

in #bitcoin6 years ago

Why buy when you can wait for it to drop some more?
At least collectively.
Bitcoin's proof-of-work waste of energy for security purpose only is evil!
Byteball is better than Bitcoin.

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You would not know, when will it stop falling, and at any level below 6k R/R is great, so DCA is the most efficient strategy aATM.

This is why I wrote "At least collectively"
Bitcoin should be banned by the people.
Also, what you wrote assumes that I have a need for Bitcoin, when in reality I have no need for it.
You also seem to assume that it will rise and turn into a profitable trade after fees (both Bitcoin's own fees and exchanges' trading fees and both to buy and to sell), when it can also turn into a bigger loss.
I am against Bitcoin's system, not necessarily against every decentralized digital currency .

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And PoW is currently the only way to make it secure, which is actually the most important thing for the currency.

Is PoW more secure than DAG or than DPoS?
Is Bitcoin more secure than Byteball and Bitshares?

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