Bitcoin Forum

Check out this article about why everyone needs to be investing in Bitcoin: https://atriark.com/blog/bitcoin-best-investment-century/

It's well written and put in a way that would help most outsiders understand why it's a good idea to get into the market right now. I seriously believe that Bitcoin could be the greatest transfer of wealth in human history. Although my friends and family still think I'm crazy, but we shall see. 

I think you're, how do they say "preaching to the choir" here.

Cool article. Oddly Atriark had a similar article, perhaps last week, claiming that Litecoin would be the best investment of 2015 - which begs the question if this source is claiming two different investments to be the best in the same timeframe they may just be trying to sell page views rather than investment advice.

That said, Bitcoin is an investment that I want to be a part of. Good luck to you.

Bitcoin has got lot of potential and in coming days its going to grow more rapidly,so investing in bitcoin rather in any other altcoins will be great!!!

Everyone was claiming i was crazy when i was buying equipment,miners and coins few years ago, but they're silent now  ;D
imho, bitcoin is a very good investment, since you can't loose all of your investment (bitcoin can't go to 0) and the upper limit doesn't exist on price, but still
it is also very unlikely to make you 1000x return in few years like it already did tho.

cheers

Why can't bitcoin go to zero? (Or let's just say 1 dollar/euro/pound?)

Don't kid yourself, I believe it can certainly go that low...just like every other investment in this world (even the stuff that has a tangible backing like gold).

This is nice but I wish there was a simple chart that we could share with friends that have no knowledge of the benefits... forget mining and technical advances... we need basic "this is what's in it for you" concepts... K.I.S.S.

Agreed, it's unlikely that it will go to zero, but it's definitely possible.  Have you ever seen a stock go to zero?  It can happen and it happens quickly...once the price starts dropping below losses that people can tolerate, there's a mass selloff based on fear.  Again, unlikely for it to happen to bitcoin as it seems to be growing in popularity.

When Bitcoin rallied in 2013, Litecoin also saw a nice boost (thanks to Bitcoin). Would it be too far fetched to think that both could be great investments? One article said "of the century" and the other said "of 2015", so I don't think that's the same time-frame.

Regardless, I have invested in both and have essentially become an evangelist for crypto. Not a day goes by that I don't bring it up to family, friends, colleagues and absolute strangers.

Hopefully everyone has been doing this!   

Litecoin price action shadowed Bitcoin for a while but has since diverged.  Sentiment appears to show that Litecoin's lowered price is reflective of its relative lack of innovation.  Still, it may be around for a while since it was one of the very first altcoins. 

From investing point of views, every investment carry some extent of risk. When you invest , just invest the amount what you can afford to lose! You wouldn't miss this opportunity and even bitcoin fails, you wouldn't lose too much.

No doubt bitcoin is a good way for future investment it's have alot potential for long term investment it's time to teach our family and friends about it's

the chart appear to be really clean and simple to read, that's cannot be the problem really...


this is not the same bitcoin, is still fairly new, all those stocks you're talking about weren't revoluzionary, the chance that bitcoin will go to zero, after the countless times, that was declared "dead", are really slim, and probably impossible for the time being

All good points in that article, but nothing that hasn't already been said before. Notice how the entire article concludes with a link to an investment opportunity? Good news I guess, BTC is still valuable enough to steal!

Yup, could be.

True, but I think it did a good job of putting the right pieces together for a newbie. I sometimes feel like we need to do a better job in educating the public. I often bring up Bitcoin to strangers at any chance I get and no matter how I try to explain it to them, I get the deer in the headlights look.

After becoming frustrated and give up on it, I simply direct them to the pretty YouTube explainer video along with other various starter sources.







 

the article is okay but DONT STORE COINS AT atriark.com - just do it yourself.

A very well written article.. Good job.  8)

I think the most important thing many people seem to over look, is the $229 million in backing from VC firms... Ask yourself the question.. Why would that much money be invested in something, if the people behind it, did not see potential in the technology?

I think we might have way more than 100 000 merchants world wide, who accepted Bitcoin. I am writing emails to companies on a daily basis, asking when they will accept Bitcoin and giving them contact details of companies who would help them to do it.

The Cult like community, is actually a complement for us..... but it should actually be replaced by the word "Passionate" or "enlightened"  ;) 

I often ask myself - why aren't they directly buying bitcoins?
Could they possibly think that the technology has applications, but the price could go to double digits?

How do you know some of them aren't?

If you consider past gains, Bitcoin is already the best investment of the century. (Please come up with other assets to disprove me... )


That's a good question. Maybe they think that buying companies has a better risk-reward-ratio. If the companies VCs bought succeed, they will amass a lot of Bitcoin in the process. So they are buying Bitcoin indirectly. But maybe it's just traditional thinking or a pure definition-based phenomenon: VCs invest in ventures, that's why they are named VCs.

All they'd be doing is handing over their money to zitty early adopters who'd probably dump all over them and turn it all into smoke. There'd be a spike then it would settle back to where it started with zero gain for anyone.

These people make their money by building ongoing businesses with revenue and growth prospects. BTC itself will only flourish with more genuine applications. That's what they do.

I'm sure plenty involved have had a personal dabble but no one putting up the bread is going to bite their hand off when they say 'well, we're gonna use your money to buy a bunch of coins. Then we're gonna sit on them for a few years and do nothing. Hopefully they'll be worth loads more. How cool is that? Here's my bank details.

yeah, there are still a lot of people who think that we who invested in bitcoin and believe in the higher price of bitcoin, are crazy .
but i am still believing and holding my bitcoins for a better future.

I really hope some of the greeks have been able to purchase bitcoin. Who knows, after 10-15 years greeks could become the next filthy rich country because of bitcoins. :)

Good points, plus there's a bit of the chicken and the egg thing going on.

How's the price ever going to rise in the long run without development of the ecosystem.

The VC money is building the system. Their intention is for organic demand to derive from it. If no organic demand arrives then it's all over.

It's no good having ten millionaires playing market with each other. You need millions of normal folks all finding a place for it in their lives. More and more compelling usage cases are arriving every day thanks to the people beavering away providing actual services.

Welp, looks like that article was right about us being at the beginning of the next bull run. The pop we saw this morning was nice, but I think we need to break $310 before the mega green candles begin. What do you guys think? Will we go up gradually past that point or do you think it will be a race back to $1k+? I'd really like to know your thoughts.

I have friends and family that have been waiting on the side lines asking me when the perfect time would be to get back in. My feeling right now is if they wait too long they might not get in on time.

i'll check my crystal ball and get back to you

in the future owning bitcoin will be a status symbol when the average person can't afford to buy even one.

They do already invest in Bitcoin, they just don't say so directly. They prefer to PR their Bitcoin based companies rather than saying "im loaded with Bitcoins", because that's precisely an argument used by haters. For example, Caesares Wenceslao from Xapo is well invested in Bitcoin and has publicly said so and has predicted BTC will go to 500k to 1 million dollars, something in between, in the next 10 years. He gets lots of hate by no-coiners because he admitted he is invested in BTC besides other companies. Thats why there is a lot of big wall street names and CEOs out there secretly owning BTC. If you don't think the likes of Bill Gates, Elron Musk, all sort of wall street people.. aren't yet holding BTC, you are delusional. The thing is, they haven't gone balls deep because they still wouldn't benefit from a sky rocketing price, too soon.

For some people in here it has already been the investment of the century.
Some people bought houses, retired, started business because of this revolutionary currency.

Will it happen again?

Maybe, time will tell. So far, even if was not an early adopter I made some cents with it.

Shame I'm not one of those people.


Me too... in a literal sort of way. ;D

Regards,
Christopher

It really is crazy to think about the very early adopters that were handsomely rewarded for throwing in a couple hundred bucks into a new technology.  Although I wasn't one of them either, kudos to those that came out ahead.

it feels like terminator genesis in here we all wants to change the future, just wondering who wants to be the john Connor for bitcoin, could skynet be the government at this point ? or lets say Banks !

alot of high profile investors own BTC

"Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money"

it is a little bit more than 229 mio  :D

I think it's a much safer investment than stocks in my opinion, it's much more stable. At this price, you're bound to get a decent ROI. It's been steady around the 250's for a little while but I'm confident it'll increase it's price within the upcoming months. A few acquaintances of mine as well don't have faith in the whole "Bitcoin movement", but with the collapse in Greece, Bitcoin is more than needed.

interesting article. and i agree with 90% of the whole idea.
i believe bitcoin is a very good investment for everybody because it is at a very low price level right now and it definitely has the potential to grow and give a nice profit to your initial investment, just as it did back in the year 2013.

but it is not the best investment, because of the high risk that is involved with it. there is always the rule of "high risk high reward" but still i find lower risk investments better. and keep a lower percent of all my investments in bitcoin.

I believe that Bitcoin is the greatest invention of our recent time and it is in our best interest and the interest of the whole world to get a critical mass of people use it and support it.

I am a bit irritated that I just bypassed Bitcoin in the early days, heard of it but never really looked into it.  When I did it was still close to $1k and I've watched it come down to what it is now, it will rise again and possibly a lot higher so I am quietly gathering my coins until this happens.

funny because i remember an article that it was tagging it like the worst investment of 2014, all because of the crash of early 2014, if people can forget slowly about that "black dot" of the all time chart of bitcoin, then it will be born stronger than before

this shit is gonna skyrocket like never before stay tuned

Can't say about the century, but it can be said to be the "Best Investment of Decade"...
For this decade, I can say that whoever is hodling, they are going to see something very unexpected which never happened in the history of Bitcoins...
Guys, c'mon, a whole country which is in a sink mode has chosen Bitcoins to be their currency of use, what do you want now???

And what country would that be?

what do you mean by this a whole country has chosen bitcoin as their official currency, i would like to hear more about this great implementation which country has been did this, that is very interesting news to know about this.

I really think BTC could transpire to be the best investment of the century but it's going to take a long while for it to be recognised as so. Unfortunately it's still only a tiny % of the population that use BTC. Many people don't even understand or know what it is & what it's used for.

We are all innovators/early adopters as BTC is still in it's infancy so prople around us are going to question our actions etc. let's just hope that in a number of years we are proven right & BTC gains widespead, mainstream adoption. It's simply too great an invention to fail imo. Let's sit tight & wait for what I see as an inevitable world using BTC in every day life.

Well it could be and certainly has the potential to be 'the greatest transfer of wealth in human history', but sadly most of the general public don't realize a good (or bad) thing when they see it or it takes them a very long time to come around. I think most people don't care about their monopoly money that is fiat and see no use for bitcoin although we do. I think the volatility is going to be an issue when it goes down but wouldn't be if it kept rising. Oh, and most visionaries are thought of as crazy by their peers initially, but we will see who is crazy and who is not over time  ;D.

How can you claim bitcoin is the best investment  ??? Any reference ?

IMO, bitcoin can be use as investment but not a serious one when we compare with gold or diamond. At least when we have a faith on it, it surely become a great investment when all negative issue about bitcoin's security can be resolved.

there is a whole article in the OP that it is talking about it, but i think that people are starting to changing their mind slowly, because an article like that would never come out when we were falling like a dead weight from 1200 to today price

there are still numerous unbeliever that need to be encouraged to trust bitcoin, not only those that were burned from the previous ath but especially those others that were discouraged to enter in the bitcoin world

If someone tells you can go back in time and invest in either the .com era or the bitcoin era which one will you pick ? if you find your self picking the .com era your most likely a big corporation supporter then a freedom movement supporter, then you will see why bitcoin is the best investment of the century.

Not only will i pick .com. I would sell my house and borrow money to get shares in the biggest bubbles. One company i know of did absolutly nothing exept having a nice logo and the shares raised more than 1000% in a year.

Exactly we cannot be so sure about the bitcoins at a moment.. Its a good tool for investment but not the best one i guess.. There are many other options available like gold, real estate, stocks where you can earn a quick profit and we talk about the bitcoins then it can be the best investment only if it is widely accepted.

If it's purely as an investment, then which ever would yield the greatest returns.  Personally, because the .com era was a decade before the bitcoin era, I'd go for that just based on timing :)

I look at a lot of parts of the internet as a freedom movement, of which bitcoin may be considered an offspring.  Kind of a weird comparison though, like comparing a road (internet) to a car (bitcoin).

Agreed I think we should concentrate on future profits rather then looking at the near losses. Every investment has profits and loss but if we have patience then it can be proved to be the best investment for the future.

I don't think that is the best investment of the century, there are many other things, but one the best yeah it is :)

Yes I think the more we experience the bitcoin idea and life with it, we become unaware of the daily price has a main factor has we carry on an idea to turn bitcoin into something that everyone should be using to be future ready.

exactly ,I'm so happy to be riding this wave. Whatever happens for better or for worse