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There Are Two Kinds of People Losing Money With Bitcoin: Impatients and Non-Believers

There Are Two Kinds of People Losing Money With Bitcoin: Impatients and Non-Believers



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6 Comments

  1. Sounds like a very boring thought out article from a skeptical site.

    Look someone is making money and someone is losing. Let’s call the losers non believers and the others impatient.

  2. tldr; Bitcoin’s volatility is attracting the attention of an increasing number of people. The more these people come into the Bitcoin world, the more the price of Bitcoin increases. Some people sell out of fear as soon as the volatility of the Bitcoin price goes down. This virtuous circle is what I call the Bitcoin Positive Feedback Loop.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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