Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I'm not - I don't want to buy bitcoin at the moment because I keep waiting for a bit of a dip, I don't want to buy it at a record high. Likewise I don't want to use my bitcoin because it keeps massively "growing" in value.

A stable currency is far more usable to me. Bitcoin is very similar to gold at the moment, in that I'm as likely to use it as I am to carry around bricks of gold in my pocket. For different reasons, sure, but the net result is the same.



We've been seeing record highs for the past 4-6 months though. The likelihood of any dip going below the past 6 month low is pretty low in my opinion. Especially with Lightning network, NASDAQ, other large players getting on board. This may be the last time we see $13K.


In your opinion, great. It may be last time we see $13k. Or it may not...

So if something has been rising for 6 months, it cannot dip below that point, because of your opinion.

Too bad we did not have your opinion in 1929 or 2008 or 2013 (Mt Gox). Would've saved us.

How about businesses like Steam ditching Bitcoin support?

How about Bitfinex not backing up their fake currency called tether?


And to be clear, I'm not even holding out for a massive dip. I just can't fathom buying it during a clear spike. I want to buy it going down, even if it just goes down from 16k to 10k or 12k, whatever. Normal fluctuations in Bitcoin, really - I just don't want to buy it on the upswing, on principle alone lol.




Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: