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Comments
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waitwhat3317y@Andi Technically speaking, a website trading Bitcoin could be considered a Bitcoin machine :)
It's just the concept of a physical store with a clerk behind the counter that I find offensive. -
moars426547yIn Austria one can buy bitcoins in tobacco shops.
https://www.bitcoinbon.at/ (is in german) -
waitwhat3317y@endor He's been at it all day but other than letting everybody know what's the current value every 15 minutes, he hasn't done anything. In other words, he might get stabbed soon.
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Wiciaki8837yIt's legit in Poland. In major cities, there are bitcoin traders. You can bring cash and buy btc anonymously.
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Tokimimo1327y@endor I might get lots of downvotes now but I just cant stand the "bubble" people anymore. People keep saying that since it hit 1k$/BTC. Sure there will be problems in the future but right now its not the worst time to invest. You can still earn money but just far slower than the quick millionaire dream. Crypto currency isnt unlikely to become just like normal paper money ( which is the same bs to be honest ) in the far far future.
At the moment theres a lot of interest from china and big companies/banks which are investing. It will drop and probably pretty big but not in the next few weeks and it will rise again. People just need to be wise and not invest all the money the have just in bitcoin. 60% BTC and 40% altBTC is a pretty good setup and just investing 20-50€ every month or so keeps it at a low risk. You can still opt out fast enough and can exchange/trade between currencies to minimize the loss. Just my 2 cents and have a nice day :) ( no hate meant! ) -
endor57587y@Tokimimo oh, I know what you mean, and people have been saying that BTC was a bubble ever since it went past the 1$ mark nearly a decade ago.
The problem is, 90% of the people who buy BTC today are absolutely fucking clueless about what they're really doing or why, they just hear the hype and see growing numbers and go all in. Earlier today I saw a post here from a guy who wanted to invest a month's salary into BTC, 5k$, *now*.
Trouble is, *right now* we are right at the top of a massive bull rush, which is about to end as soon as the money burns out, and price is gonna go down by 50%, if not more. Most of the people buying BTC and alts in the last month or so will get spiked, real hard, by the sharks, and will panic sell as soon as they see the price drops a little bit.
I always urge people to caution, because this market is currently more dangerous and unregulated than the Wild West, and most people will have no idea of when/how to bail out, or how to react to future events -
endor57587yFor the record, I am a strong believer in (some) cryptocurrencies, Monero in particular, but I'd rather tell people to keep their money where they are in their pockets, instead of effectively burning their money on something that has nothing but a speculative value for them.
You wanna buy BTC? Sure, go ahead, and USE IT.
You wanna buy alts just because you hope to magically see your bank account grow by three zeroes without even knowing why? Fuck off
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