Bitcoin Forum

In 2016 I wrote an article laying out 10 good reasons to buy bitcoin then. Now I have published an updated version.

https://medium.com/@Technomage/10-good-reasons-to-buy-bitcoin-now-2018-edition-8e990a50a9e1

Nice article. I agree that bitcoin will scale, though it will take time to build the Lightning Network. Plenty of institutional money awaits bitcoin as well. Once a bitcoin ETF is allowed, the demand for bitcoin will be overwhelming, and it will be another stamp of legitimacy.

Hi Henry! nice article!

Bitcoin surely is becoming mainstream and not only tech giant companies are becoming interested to it but different countries as well.

Well, at least for me, a good idea for buying bitcoin would be quite likely (in my opinion) that this closer to the end of this year will cost quite a lot of money. Well, I would very much like to believe in this, since the last rise of the market was a long time ago ... and I want to believe that although by the end of the year it will be possible to earn some money

#1 agree, mayor multiple. but i would also add the miner multiple too.. the cost of creating new coins via mining is also at a low profit margin which indicats price is not at a bubble, but also at a close to the real underlying value. thus furthr strengthns the concept that the price is at a good low/buying oppertunity

#2 reliable yes. but that should be standard for blockchain if they are to follow consensus.. but i agree worthy of mentioning
but here is where certain things start to sound too utopian washed over details to garner optimism and adoption..
segwit utility is NOT at 40%
take a tx of inputs
in
1Legacyaddress
bc1qsegwitaddress
1Legacyaddress
1Legacyaddress

this tx is only 25% segwit yet on the stats YOU view shows as 100% segwit.
based on number of inputs on the mainnet that are signed(witnessd) by segwit protocol are FAR less that actually use segwit. .. once the real data is calculated rather than rounded up..
try not to over exaggurate (over promise under deliver)


#3 again try not to over exaggurate (over promise under deliver)

lightning is a separate network but its impact is negligable. plus LN is not a network solely to be used for bitcoin. thus advertising it as bitcoins solution is the same as advertising an exchanges internal 'send to member offchain' of any crypto.. your over selling its stats and over selling its benefits for bitcoin alone to dominate due to it. LN is not a feature solely for bitcoin. and should not be advertised as something that makes bitcoin better than other coins because LN will be used by many coins.
try not to over exaggurate (over promise under deliver)

.. also. lightning LOSES bitcoins ideology. research channels and routing a little more(multisig). realise the multiple parties ARE needed to authorise payments. and that unlike bitcoin mainnet which is a PUSH payment. LN is a handshake payment. yep evn the recipient has to be online AND sign a TX to agree to receive payment aswell as all users along the route have to sign a tx to agree to act as a route. so becareful how you overpromise and under deliver the features description

#4 agree with many points about bitcoins dominance. but parts of this long chapter of reasons are oversold.
you mention the scaling debate of 2017 was decentralised. and yet. consensus was actually bypassed. by doing a mandatory bilateral split using a 3 card hustle manauver
also again LN is not a scaling solution purely set up for bitcoin alone to keep dominance. LN will be a 'scaling' bypass SERVICE for MANY coins. so LN could actually be the knife in bitcoins back that maks people move over to other coins due to the headache of settling tx's being more costly/slower on btc compared to other blockchains.
and lastly try not to use the "market share" as that number actually has no real meaning. there are not hundreds of billions of dollars locked up with bitcoins name on it. its just a math multiple of the price of 1 coin multiplied by coins in circulation.. someone tomorrow could make a blockchain of 1 trillion coins, sell just 1 coin for $5 and bam. $5trillion markt cap, and take over the market share. so again dont ovrsell/over promise using stats that are flimsy and not accurate to real monetary value

#5 securities and ETF are not going to affect real bitcoin trades. they are just hoarders of coins that then separatly OFFMARKET sell SHARES of their company. thus thee dollars and valuation of the company increase without those funds actually even touching bitcoin exchanges.
try not to over exaggurate (over promise under deliver). you kinda explained it. but worded it a bit too utopian dream of hope about the ETF and underplayd how ETF can actually take funds out of direct bitcoin exchanges and instad where that fiat could justend up into company shares, thus negatively affecting the bitcoin market

#6
i agree fiat is in trouble. but all the stuff like LN and blockchains can be used by govrnment to make their own crypto. i envision. governments shift over to a crypto of their making. and then hyper inflate the old traditional paper fiat so that their trillions of papr debt become the value of a loaf of bread so that they become debt free for a loaf of bread(trillions of zimbabwe dollar only buys 1 loaf of bread). but then bitcoin will (imagining this months value as 6000loaves of bread) will end up being measured as 6000 loaves of bread of a governments crypto.
so dont get too excited about hyper inflation making btc look like one coin is a trillion paper dollars.. where the real value is only still a few thousand loaves of bread goods purchase value

#7 you mentioned about rgulations and securities entring the blockchain ecosphere a few points back. which is actually making bitcoin less like privacy money. this also includes LN. which REQUIRES multiparty authorisation. so again try not to over exaggurate (over promise under deliver)

#8 be cautious when talking about monetary supply. economists are learning quickly that although bitcoin WAS limited to 2.1quadrillion sharable units, developers are actually envisioning moving to there being 2.1 Quintillion sharable units. they have already implemented it within LN and propose to add it to bitcoins mainnet too(sats vs millisats). thus more people will get to own parts of a bitcoin without struggle/limitation.
EG imagine a fight for gold if there were only 175,000 sharable units of gold in the world... then imagine suddenly markets split that and now 14mil sharable units of gold. and then split that again to 6.17billion sharable units of gold. now all a sudden people realise everyone could have a piece of gold instead of just 175,000 rich guys.. gold loses its elitist 'i own gold'' appeal mindset. and people have it in their house and not care/realise they have it. which is the current mindset.

#9 you do have the answer. you made it clear in #1. the $19500 was not a ground level price that everyone stood at and everyone had time to take advantage of and get used to. no one should stand at a peak of a mountain that only exists for minutes and call it home. and then scream collapse minutes later. instead they should stand at the real ground level and see a tsunami incoming. where shorters would scream devistation and long's get a nice "yee haa lets surf this massive wave' of excitement.. and then minutes later when the waterline corrects go back to living at ground level waiting for the next wave or climate change increase of natural water levels
.. but i would say dont oversell/over promise price predictions.. the events of 2013 are not the same events occuring this year. try to avoid being a trend anal to shout out a price. unless you have a technical analist reason.. yep trends and technical are different. take october 2013.. that rise was due to ASICs and the cost of mining increase, which caused the price increase... (which is why in point #1 i mentioned that mining cost sit beside the mayor multiple when considering what is 'value'/low price)
.. again your over embelishing features that are not really causing big enough impact to bitcoin and are ultimatly not features solely to be usd by bitcoin to keep bitcoin as a tool that offers something no othr crypto will offer.

#10
you have mentioned the mayoral multiple a few times. but anyon can select a number and make it look good. for instance if we took a 200 day average.. like you did.. but then if you take a 250 day average.. you will see a major difference. so this week you might b screaming 20day avrage.. but then when a 200 day average does not fit a positive narrative. you may scream a new number of 150 or 250 day that does fit a narative. so be careful of just doing trend anals.. instead of explaining technical analysis

......
in summary i would give you a 6 out of 10 as is,
with a flimsy 9 of 10 if you were less utopian overselling under promising.

i too have been involved havily in bitcoin since 2012 and no im not a BCH fanboy. but i am not afraid to admit btc's flaws and issues so that people can be truly informed and then reap the benefits. rather than sold a over promise and get disapointed and end up thinking they got fooled into a gimmick, even when btc is not a gimmick.

EG
advertise LN as a side service for a niche of users who desire to spend frequently.... but not a sole solution purely for bitcoin that all bitcoin users will need/want/benefit from using. (even LN devs have warnings up, and that LN is not a usecase for everyone all the time).. and its not a feature only bitcoiners get to use

I appreciate the feedback franky, let me comment on some of your points.


Good point about the miner profitability. Indeed I have seen that hash power is rising significantly even though the price has been on a downtrend, I would consider this a good sign.


I'd say this is very much a subjective matter. Objectively speaking 40% of the transactions in the network ARE in fact SegWit transactions. You can't dispute this. What inputs they may have and how this affects your subjective view of what is effective SegWit utility, is another matter. I personally think the metric I used is much more useful - many SegWit upgraded wallets still have funds in legacy addresses (unless they have deliberately consolidated everything to a SegWit address) and at this stage it is quite expected to see many legacy inputs. But those will be reduced as time goes on.


Rest assured I have researched lightning quite a bit, but had to keep it fairly simple in the article due to the intended audience (general).

- First of all, I clearly said in the article that LN's impact on congestion right now is negligible, however I do believe that the potential impact of LN is absolutely massive.

- LN is not only for Bitcoin, true, but arguably one of the only real reasons to even own any other coins would be if it became difficult to transfer bitcoins. If BTC is, as I strongly believe, the most reliable, stable, secure and most used cryptocurrency, it will be the one that people want to *own*. Owning, or hodling, is all that matters. Why would someone hodl something else? Well, I mentioned privacy problems in the article. Another one is if you can't move BTC quickly/cheaply and need other means to do it. LN helps with this. The fact that it can be used with other coins is not very relevant in my opinion, everything that enables BTC is a negative for all other coins as it reduces the reasons to hodl any other coins in the first place.

- With other points about LN you're going completely off the rails. LN does not change the ideology of Bitcoin one bit, and let me explain that. First I will debunk the whole notion that mainnet transactions are direct p2p transactions: THEY ARE NOT. You push a transaction to the network, yes, but you will likely need other nodes to route the transaction. To whom? The miners. Then the miners will record the transaction to the blockchain (hopefully). In a normal confirmed transaction use case you will need other nodes AND miners to be able to complete a transaction, which is very far from direct p2p. These parties do not have the means to steal your funds though, as only you hold the private key and the ability to sign the transactions in a valid way. LN is not really different, arguably it is simpler. You simply need other nodes and their channels to route the payment, but once again none of them have the ability to steal your funds as only you hold the key.


As LN usage grows, the settlement cost will not be a very significant factor eventually. The way I see it, most small payment hot wallets will have a channel up all the time, almost permanently (unless a need arises for some reason to close it). Currently as LN is mostly there for testing purposes, channels are short lived, but eventually they will be very long lived. Thus you'll be making a huge amount of LN transactions with the cost of 2 settlements and thus the cost of the settlement is divided to a large amount of tx, making it less relevant. Although I must remind that at times recently BTC has actually been cheaper than BCH, and a lot cheaper than ETH.


I do agree with this critique, I don't think the market share / market cap is a good indicator. It's just something people generally use a lot, and look at, and that's why I wanted to add my perspective on it.


This is not true at all. Most funds will need to actually buy BTC either from the exchanges or OTC to match whatever is happening at fund level. Our company is actually launching a fund of our own soon. Regardless of if the purchasing is happening at exchanges or OTC it will affect the price. Futures securities are a bit different though, and may not have a direct effect.


This is missing the point of Bitcoin, which is 1) fixed money supply and 2) censorship resistant ownership and payments. Neither of these two can be replicated by any central bank / government based currency, regular or blockchain based. Bitcoin will have value over them regardless.


In LN only the sender and the recipient knows exactly what is going on. The ones routing the transaction will know something, but not everything (as in, they know the amounts). Nodes not part of the routing of the specific transaction, or any outside observers, can't know anything about the specific LN transaction! So it has some quite significant privacy enhancements.


I'm sorry, but this is just plain stupid. The divisibility of the asset has nothing to do with the actual scarcity of the asset. Divisibility helps in using it and a good money must have sufficient divisibility. It is a fundamentally (very) good thing to come up with "microsatoshis", if they are required. As LN is about micropayments, it can indeed be useful to be able to send smaller units. This does not change the fact that there are max 21 million BTC. Simply makes it more usable for the whole world economy if we have even smaller units, to potentially become a universal currency.


The Mayer Multiple has been around for many years (Trace Mayer is an early adopter and has used this method for years). The number doesn't just suddenly change, as that makes no sense. I have always looked at 200DMA specifically. Obviously can't explain why it is specifically better than 250DMA but one needs to pick a certain number and then track it historically. In anycase looking at a longer term average price is quite useful, regardless of if the number is 200 or 300. 20 day average would make no sense in this context.

Interesting article it was a good read, thank you for making and sharing it!

Why I buy bitcoin 1. The cost of Bitcoin is now more stable than ever before 2. The world economy is unstable 3. The speed of creating new btc is halved 4 .. In the historical perspective, the btc graph looks very attractive

Wow that's really great article to read about . In India people are very panic because of RBI (Reserve Bank of India) ban fiat Transcations with Cryptocurrency exchanges. In your article you explained almost every aspect of bitcoin and indicate the future value of bitcoin . I love to share your article in my community. People should be aware about that, this is really great time to be with bitcoin besides panic selling and this article explained very well why? Thanks for sharing this one..

Really good article, fully agree with it. Good times are ahead of us.

If I have enough money would be investing into this Bitcoin, but don't have at the moment. Iam looking to invest in Ethereum or Litecoin but they too dont have good future.
Do you really think Bitcoin will boom again in the market.

Good article. Bravo to the author! You didn't discover anything new in your article, but you were able to organize all the information and put the accents correctly.

Are you suggesting in your blog post that the economic tensions between America and China will contribute to the Bitcoin adoption? Because I don't see how it can, personally.
5. I have no hope to see ETF approved soon or later
4. The craze about Bitcoin (or cryptocurrencies generally speaking) faded since the BTC price crashed in January. A good indicator showing it is
https://trends.google.fr/trends/explore?q=bitcoin

After reading this article, I also plan to buy several bitcoins. Maybe it's a good time now.

The economic tensions between USA & China and between USA & EU can bring about more serious currency wars which in my opinion is quite positive for Bitcoin.


This is quite a pessimistic view, I see this almost certainly as only a matter of time. Now that CBOE has also filed (https://bitcoinmagazine.com/articles/cboe-files-sec-bitcoin-etf/) for a Bitcoin ETF I see the odds of an ETF approval happening this year at approximately 50 %. In the next 3 years I'd put ETF approval odds at over 95 %.


Indeed and this mainly supports my position. The trend in the long term, and the valuation, is going up. Here is a long term graph: https://trends.google.com/trends/explore?date=2011-03-01%202018-07-15&q=bitcoin

Now we have dropped to healthy trend levels as well, which is generally the time to make investments and buy in. If the trend is way up, the price has already spiked to much higher levels. This does not mean the price doesn't drop lower still, but it means we're close to the bottom at least, and generally we're at a good buy-in zone. Timing the exact bottom is hard but then again it's easy to miss a lot of upside if you're only buying in when it is clear to everyone that we're going to the moon.

Decent article. I concur that bitcoin will scale, however it will set aside the opportunity to construct the Lightning Network. A lot of institutional cash anticipates bitcoin also. Once a bitcoin ETF is permitted, the interest for bitcoin will overpower, and it will be another stamp of authenticity

And how o you know that the demand will be overwhelming once ETF is approved. I think it it was just approved and we're only waiting for the launch, but it doesn't mean that suddenly everybody will want it. There's plenty of people waiting for an opportunity to sell with a profit and the market isn't ready to go crazy yet.

It will be a big buy signal for anyone already in the game, so the first wave of money comes from the ones already standing in the sidelines. The money coming through an ETF itself is only a part of this and it will come in later on. And once more and more people start to think "the bottom is in", the craze will build itself again. I think there is a decent chance the ETF could be the spark in this. It's important to think of it as a spark.

good article. completely agree with your opinion and support it. I hope in the future there will be even more from you similar information

I think that the most important reason, is that you are going to be part of the future, and you will be more than happy about it and you will see that everything is going to be real in a few more years from now. Bitcoin can be used in several ways.

Thanks for the acticle, it is well written and I appreciate your efforts. I think crypto and fiat will live side by side. What if whole economy collapse? After all we need fiats. BTC is just young and almost 95% people (in my territory and my neighbor countries ) do not know about it. So if economy collapse, it will ruin everything. There will be world war or massive economic crisis. People will die, least sector to invest money. Within short time BTC will not replace Fiat. So if Fiat faces crisis, BTC will suffer too

This is quite an interesting article. I definitely agree with all your reasons to buy bitcoin. I believe sharing this article can help people who are ignorant of the facts relating to bitcoin will help relieve them of the negative info they have and know about bitcoin.

One good reason is enough for you to buy Bitcoin for your self, like Bitcoin will have a huge effect on the future when it comes to changes in terms of payments and process of everything.

The best time to buy is always today.  You can't predict the small swings but history has shown it is never too late to buy bitcoin.  It's quite funny because most people are afraid to buy in this market but they were the ones saying "I wish I bought in earlier when bitcoin was under 10k."  well now they have the chance but they are scared.

I believe that this is the best time in buying btc in this current situation while market price value is a bit lower this time.  It has been several months since it had experienced a bear market and definitely this is expected to make a pump in the coming months until Q4.

I don't believe in all this analysis, I have come to realize that Bitcoin investment is unpredictable due to it volatile nature, did anyone know that Bitcoin will drop to $6k by now?..

You are really a bitcoin enthussiast! If I just have enough merits, I will send you.
Anyway, the article gives me a beam of light that the newbies can enter in bitcoin in 2018 because it goes floor from $19500 down to $5900 last weeks. It was stated at your article that LN can also be a factor why bitcoin will surge in 2018. Aside from that, the reliability and scalability of bitcoin for more than half decades proved how bitcoin works and efficient for the users.
I really like your top 10 good reasons why we need to invest in BTC.

Yes, it is usually a good time to buy bitcoin. I'd say that buying late in a prolonged rally is maybe the only exception. Any other time is good.

And what you said about fear is absolutely correct. People who don't have a clue always say "the train has left the station" and that it is too late. Then when it goes down they still don't buy as they're afraid it never rises again.

Advice #1: Don't be one of those people.

point 4 is very interesting, you are right, until today bitcoin brings the crypto world into the mainstream, and will dominate the market and transactions in the future.

bitcoin dominates market prices, bitcoins control the crypto market. I think this is a good reason someone to buy bitcoin.

So, we can make a conclussion that every time is a good time reasonable to buy Bitcoin, lol. I am going to support that belief anyways!

Nice article! Keep on going man! We need somebody who gives some good ideas as you!
Thanks again for your written article :)

All these 10 good reasons are right and still holds but to me to hold bitcoins is to enjoy the long term profitability that bitcoins offers to its holders.

I have a bit comment on point number 1, we know that the correction always gives us a chance to buy more bitcoin, bitcoin decreased 70% after bitcoin reach 19K. and we are sure that if we buy bitcoin today, then we will get greater than the percentage of the decline.

but, we are always worried about the panic, a lot of stupid bitcoin users out there, and they do not understand the concept of bitcoin volatility, they only understand the euphoria when bitcoin is bullish.

I'm worried that bitcoin buyers will get a bad impact from their panic.

The first and fourth points provide a strong reason to buy bitcoins now. When compared to the peak prices at the end of last year, the current price decline is quite large, so this is a good opportunity, who knows the price back to peak, even more. Do not miss this opportunity.

This is really a good article, I wish I cut have seen your 2016 edition, when you made that one, but I was not in crypto back then, but a article like that would probably have got me into crypto.
I really like your conclusions,and agreed that bitcoins are a few steps away from a new bull run and global dominions.

Very good article, it may be that bitcoin is experiencing a price correction and this will bring bitcoin to a healthy judgment, and this low market sentiment factor is a good time for us to take the decision to buy bitcoin so that when the bitcoin price returns healthy we can feel the benefits of the bitcoin price.

Yeah nice article i wish you will going to publish more since you have very good thoughts among bitcoins that will possibly lead to a very good market price for it in the near future. As we all know that one thing that could attract investors is the like of this article that will boost the confidence of the investors to invest or buy bitcoins.

I like the article and i agree with all the good reasons to buy bitcoin now. As we all know that bitcoin system is still growing and there are still plenty of room to grow. If we can convince all the people around the world to look  upon this system then definitely money will be flooded to invest or buy bitcoins which means also that the bitcoin market price will go higher.

so right so the market situation down let's use to buy bitcoin because the price is definitely much cheaper and we can save with long-term with a time two years then sell when market price rise. which is important we must be strong in a market that is not as stable. when the time is right and get profit and then sell.

I agree with what you said cause I believe it will build more confidence in the investors and most people the ETF could make bitcoin go mainstream. While, Jan van Eck said ETF will provide an insurance component which will help protect shareholders against the operational risks of sourcing and holding bitcoin.

wow its amazing post, I agree with you that bitcoin in 2018 is good to buy as the investment media or you can use the bitcoin as the currencies, because we can see that the price of bitcoin is in the low right now, and we know that maybe someday the price of bitcoin will rising up, and then there are many people and stores (online or offline) that accept bitcoin as the payment, it will makes bitcoin is easy to use daily

I guess people read my article as the price spiked today ;)

That is a pretty good article. Bitcoin has a great potential. It just needs continuous support and trust of the investors in it. There are some unexploited flaws in Bitcoin, which can be fixed slowly and steadily. It has huge potential for generating fast profits for its investors and it has shown that many times in the past. This is probably the best time to invest in Bitcoin as market is quite low.

Although the encryption market is now unstable, bitcoin has stabilized recently!
As the market matures, Bitcoin's response to negative market signals will decrease.

I would like to believe that although at the end of the year it will be possible to earn some money. In India, people are very panicked because the RBI forbids transfer transactions with electronic money transactions. I like sharing your article in my community. Thanks for sharing this ..

good article, this will have a good developmental effect in the development of bitcoin in the world community so that many people are interested to learn and use bitcoin for daily life. Many things need to be fixed by bitcoin, including regulation for people using bitcoin so they will use bitcoin well, not as a fraud tool

it is true with all that you reveal and now the new all feels with bitcoin prices are much more expensive than in the year 2016.

People still do not understand the value of underlying tech of BTC. Blockchain is wonder and most secure ever. People use BTC as way of transaction only. As soon as they will really understand the potential then actual game will start. It is a slow process. Those who are involved in crypto, should start educate our community about the real power of crypto. Only then BTC will be a success. 

Reason for buying bitcoin, simple, because investor's buying bitcoin they believe that bitcoin give them good future, bitcoin is a good investment for our future, the profit of bitcoin continues growing and increasing their value so that many investors like to invest in bitcoin.

It is a really good article for all who want to share a real news about cryptocurrency.  Reading such news you get results and understand what you need to do.

Positive article, it's motivate me buy more cryptocurrencies)

This reasons are very much inline but beyond these reasons one need to have an inner convincetion about bitcoin and investing in it, you don't have base your investment on other people's analysis, you need to make research yourself

From your well explained and organized points, I think those who always ask about when to buy will now learn something from it and buy as much as they can.

I had a good read. One thing strikes me from the article: " Be fearful when others are greedy and be greedy when others are fearful". This is the best these are the best times in the market to pile up some BTCs. I just hope new investors take a good note that times like this in marketing are the best times to buy at low and make some profit later.

Your reason for buying bitcoin is very good and precise, because I also believe that bitcoin price every year will improve and we can get a very fast profit.  I just hope new investors take a good note that times like this in marketing are the best times to buy at low and make some profit later

I have read the article. At least people have a clear reason to buy Bitcoin. Moreover, newcomers who do not really understand about Bitcoin and Crypto.

For those that wish to hold btc should buy now and have it in mind that it's going to take them like 4years to have a very boom reward which will be a new ATH by the time according g to the history of btc .

the first thing to establish is confidence in bitcoin. prepare capital to buy bitcoin, use half the capital you have, to start investing in bitcoin, pay attention to price movements in the market to make it easier for you to make decisions.

Yeah accepted about the lightning networks taking time to be done and until now we are waiting for this to get in action.

And about the ETF i will admit that i am still in doubt about what would be the decision for this.for maybe another denial or will be accepted and will make the market to be bloom again

Good article, shows the monstrous potential of appreciation for the next 2 years, if it will happen is another story ... but it is undeniable that Bitcoin can increase 10x price and reach a market trillion dollars. LN can further facilitate online commerce and halving further restrict supply in a scenario of increasing demand.

Nice update dude,i think this is more than enough reason to buy bitcoin as soon as possible

And looking back to your old thread seems like situation today is the same this year correct me if im wrong


What?would you mind clarifying this commnets please i don't really understand the mean sorry

There are so many reason for us to buy Bitcoin now. For one thing. It's very cheap now and should be taken serious. Few years from now, we wouldn't see this price of Bitcoin again. This is the only opportunity we have to buy Bitcoin at cheap. Once the bull race begins, there will be no regret of not buying.

Thank you for you share, i think that usefull for newbie. Im a newbie and i need it. Thank you so much again.

There are only 21 million Bitcoin, and as time goes on, they become harder and harder to mine. Bitcoin makes cross border payments possible, and also provides an easy way for people to escape failed government monetary policy.

The internet made information global and easy to access. Global currency like Bitcoin will have the same impact on finance and the global economy.
Bitcoin is global and not affected by any single country’s financial situation or stability.

Global chaos is generally seen as beneficial to Bitcoin’s price since Bitcoin is apolitical and sits outside the control or influence of any particulate government.

When thinking about how economics and politics will affect Bitcoin’s price, it’s important to think on a global scale and not just about what’s happening in a single country.

I can tell you 11 bad reasons why you shouldn't invest in bitcoin.

Bitcoin now is in the low prices and based on the article, i think this a good time for buying bitcoin.

bitcoin is an alternative currency and i think some of country will use it and this is the kind of business to invest in bitcoin.

the reason is one, it began to grow in price, this moment can not be missed

To me I think Bitcoin has proven to br reliable and that it can scale
Many  other cryptocurrencies have constant reliability issues. Bank systems can go down, causing issues with online banking and payment cards. Other cryptocurrencies have had serious reliability and security issues in recent years, including Ethereum and newer ones such as EOS. They are not really reliable. Some of these reasons and more is the reasons why I think one should invest in bitcoin now

Because now BTC prices are constantly falling, below $ 8000 is the ideal price to buy BTC, so buy when we can and hold the BTC until the price increases to $ 10,000.

lol. not only 11 but actually there were many reasons on  why you should not invest in bitcoin . however , there were also many reasons that you should invest in bitcoin . one example is that bitcoin can give you a good income as long as you are investing or holding some of it.  though , investing alone is not enough because investing  bitcoin do also caters a lot of risk , therfor you also need to be knowledgeable in order to analyze the market more effectively .

Hello!!!
Great article !!!
I agree that Bitcoin is becoming stronger and will expand even further!
Bitcoin will definitely become one of the most sought after areas in the near future !!!

The main reason is all BTC holders are scared because they are thinking BTC will down more. So all BTC holders are selling them Bitcoin. As we can see in every exchange have a lot of sell orders in the Bitcoin. It means Bitcoin trend will go down. So Bitcoin can't hit the 20000$. But at this moment Bitcoin's movement ready to change the trend. I saw people are buying BTC and stop selling. Maybe BTC can hit 20000$ in this year or soon in 2019.

This is a really good discussion you guys have got going here. I agree that these funds are going to affect BTC's price directly because as Henry said, they have to actually invest in the asset, they can't just track it. Otherwise it wouldn't be an investment, it would be a gamble.

Also, these futures contracts will affect the price as well. I'm not exactly sure about how the contracts are written, but I wouldn't imagine that liquidity providers are pricing it on their own terms. Even if there was no direct relation between the contract price and the exchanges, it would still have an indirect effect through perception management as people would be influenced by the numbers they see in the news.

I quite agreed with you on your points number 2 and 4. Cryptocurrency had revolve round the world. There are much more people key into cryptosystem especially bitcoin since 2017.
Bitcoin have also proof it worth interms of security and reliability. Bitcoin had gone through series of security issues in recent times which it over come and keep on growing to this period.

Such a good article should let more people read, and my personal reason is that bitcoin can not only help me resist inflation, but also get me a good return on investment in this strongly developing industry.

a very good article for us to read and share. in the article I read you explain every aspect of bitcoin and I agree that bitcoin will be in line because why? people must be aware of bitcoin

This is a very good article. You were able to collect the most important information in your article and explained why you need to invest exactly in bitcoin. You gave a clear idea of the crypto-vault.

I think that's a fact , many  have predicted that bitcoin will only continue to rise and become bigger and better and better in the future

Very much informative article and really helpful but i think we don;t need ten reasons only one reason is enough and that is buy now and earn big money after few days.

I like your article  and i agree on most points .
Mostly on that market sentiment is low and i agree that the clasical finance sytem could expereince another crisis when stocks burst.

But i see something negative, how about GDPR ( EU regulations) and crypto world?

Every time the market goes down, there are always people predicting the market or discussing which coins should be purchased. I think mature investors should follow their investment plans, not their feelings, regardless of whether the market will continue to correct now.

i agree with you that right now bitcoin price is in the low, so the people that have interest in bitcoin can buy bitcoin at this time because it still in the low price, so if you buy right now there are possibilites that you will get more profit because of bitcoin price increasing

I think it's time to buy bitcoin. Because now technology giants are increasingly interested, and also some countries. some people who are experts predict bitcoin will rise high at the end of this year, and make us get the results in the future.

If it is a long-term investment, it is now a good time to buy bitcoin, because the bitcoin has been revised more than six months this year, and if it is a short-term investment, it may be waiting now, and the market is likely to buy at a time when the market is down.

Thank you for your sharing. This is really an interesting and useful article for investors. But I need to wait for more information from the Bitcoin EFT Fund of the SEC. The delayed EFT fund has made the market down-trend.

Very concise article you make. Bitcoin will be make more demand if the Bitcoin ETF will be approved by the SEC and surely the price of Bitcoin will be sky high again if that really happens this year. That is why we must invest right now while the price is cheap.

in my opinion all the time to buy bitcoin is the same. if I do short-term trading. I always learn to predict short-term profits. indeed the results are not very much but if we hockey we can definitely get a big profit. therefore I suggest that if you want to trade you must use your heart's instincts. and buy bitcoin when your beliefs arise. after that, use your thoughts for short-term trading and look for profit coffers, although not how much

very good article for beginners! all people need to know the right rules for investing in the crypt world! seychs very good time for investment, such low prices will no longer be! if you look at the graphs bitcoin will soon give a good growth!

What makes you think that bitcoin is beginning to dominate again?

These are the usual manipulations, but then the growth of other coins will go. However, I agree that it is now profitable to buy bitcoin

Amazing article, I agree with all your points but one point I really liked is the 10th one, that is pretty much what always happens with this kind of things, people fear and one day it goes up again and people see what kind of mistake they made.

i agree most of them. famous investors say that you should buy during the decline, not rising. bitcoin is losing value but it will rise soon. i will invest when that will happen.

articles that are very useful and very interesting, especially the point about bitcoin will be mainstream and on the front line. it will happen in the future. being a holder is better than selling quickly.

and bitcoin always has room to give us a golden opportunity to buy more bitcoin, especially when bearish.

Those reasons are all good. Newbies or new investors must read your article, it will really help them. Bitcoin in 2018 is very crucial and different with bitcoin when it was iin 2017. Lot of things changed and new things are new. Price is very unpredictable, same as the movement.

Agree with all the points, apart from #2. IMO, scaling is still an issue. Segregated Witness (SegWit) can increase the capacity by 100%, but it is not being used for the majority of the transactions. The same goes for lightning as well. And even if these two are used extensively, they may still prove to be inadequate in 1-2 years time.

Nice article and very much informative and this kind of articles are very much important to draw the attention of the investors towards bitcoin.

Amazing ! This article is so helpful, thank you for sharing that to us. Hoping to read more related in bitcoin so that I know more about cryptocurrency.Godbless you !

the first to protect myself from the influence of my second country to invest in the new world currency bitcoin 3 to work in exchanges 4 to protect myself from a global financial crisis 4 to have control of my money 5 venture 6 to travel more comfortably 7 better earnings to my investment 8 to not use banks 9 because it is the future of money 10 because it is safe 11 because it is auditable 13 because I like its functions 14 because of its volatility and its multiple uses and many other things

You wrote a very good article. This can help many beginners decide to invest. I will show this publication to my friends, I think they will also like it.

Nice article sir Henry, as you have said, nothing should be afraid of about bitcoins whenever it price drops, because it is proven safe as you have said in article number two. And this article helps traders and invertors to hardwork and get motivated by their job. It's a nice article and everyone should be bear in mind also bitcoins enthusiast will be much happy.

A great article indeed. This article has been helpful. Bitcoin has the tendency to grow and rise each time so it's better to invest in bitcoin especially this period when the price is kind of low to earn more money in the future when prices increases.

Oh very detailed article. I think this article can help people to understand more about bitcoin essence and economy. Always do your own search before invest but it really useful when we read good article like that.

Well I don’t need any reason to buy bitcoin, as I am already aware very much with the fate and potential of bitcoin that how it is that much potentiate to provide employment to millions of people around and helped them a lot in finding their jobs and not 10 , there are thousands of reason to invest into bitcoin and I would like to introduce the best among all that it is most sustainable, volatile and the most profitable investment that it can provide you very very good profit in very short span of time.

Some of the reasons we should buy bitcoin today are that we need a place to invest in the second bitcoin without inflation and that bitcoin is full of important features such as storage or exchange change...

This is a great article, this can help many of us. We dont need to be afraid in buying bitcoin even if the price is not good. Your article can help many beginners so they have an idea about what are the things they need to do or need to remember.

I love all the things that you wrote on your article OP. That is definitely worth to read especially for people who are losing confidence and faith on crypto on this depressing crash. It's clear that we have a brighter future that is still ahead of us.

Thank you for getting in touch of what you have wrote down to what it is recent for the future referencing of bitcoin. A lot may not be able to look on how bitcoin was being introduce or the fact of its capability. Showing what is the worth of waiting for bitcoim seems to show up its reality

Some of the reasons you should buy bitcon right now are that the bitcon prices are now attractive to the bitcoin purchasers you should buy and hold so you will have the opportunity to get profits as well as get the opportunity to own. gold bitcoin

Yes in my opinion this is the best time to buy Bitcoin in the current situation while the market price is slightly lower at the moment. So if we buy now there is a possibility that we will get more revenue in increasing the price of the Bitcoin pump.

If you invest in Bitcoin now, you will pay less. In a year or even earlier, its price will go up, and you will earn. However, the longer your hold BTC, the larger will be your profits.

It is fine that you want to make a profit with the bitcoin investment.

But this approach kind of defeats the purpose of why bitcoin was invented. The idea you mentioned is completely against the logic which requires bitcoin to be used as a payment medium. If everyone wants profit after sometime, no one will sell.

I agree with you. I think it is a very good time to buy bitcoin. Bitcoin price is low now and we hope that bitcoin price will be high again as soon as possible.

Very good reasons given in favour of bitcoin.  I agree and also accept your views because of your very long year's of experience in bitcoin / crypto market.  There are two types of statements one is based on theory (with no practical experience.)  the other being practical experience along with theoretical knowledge.  Second one gives more knowledge to the readers. 
I think many people will gain by reading this article.

Bitcoin is nlw really popular with a verry low price due to the huge dip that we are now experiencing. So then I believe that the bitcoin will really become more profitable  in the near future. 2018 is really amazing we can have a big opportunity to earn through buying and holding our bitcoin and wait foe the best time to sell.

I think that at the present time, we should not invest in the market but still have too many people to protect us from coin or ICO projects that are at risk. At the present time, we can invest in Bitcoin but do not invest in bulk, they may not bring you much profit.

I agree with most of the reasons you have given, but really digital money has quite a lot of volatility! Every investment must be carefully considered!
This time, I think it is good to invest Bitcoin and altcoin!
Good luck

Nice and very informative article this might helo new investors who are able to bought when price are almost in peak to gain confidence to jold further as this scenario was already experience several times from the past and bitcoin able to show resilient and survive.

Very good article, but for now we need a reason, why Bitcoin can boom in 2017 yesterday
but after that the price dropped and stabilized at 6k
if indeed the investor is not interested in BTC anymore, then who else can make the BTC price rise?

A great article there.

I find it really informational in many aspects. You have detailed clearly historical events that adds significance to bitcoin. Citing how stable it had become and how helpful the current price correction actually is caught my attention.

This is a part where many fail to recognize how healthy it is that even after a fall of 70%, the current value of bitcoin is still largely higher than the previous year before it peaked at its all time high last year.

You may wait to invest in the altcoins but it is a very good period to buy Bitcoin. It is expected that this crypto will go to the Moon in the shortest period - you'll see.

It is the funny fact about bitcoin that it was both good to buy it either 2 years ago and now as well, so bitcoin is having such a great opportunities for a future that the price is still good to buy.

I think not only 10 reasons but instead there are thousands of reasons that why one should invest in bitcoin , first of all we all know that bitcoin is a volatile crypto currency so one need not to be tensed or worried if the valuation is low as definitely the time will come when the valuation will inflate and you will get your profit then the transaction of bitcoin is very safe and confidential and investor can feel safe while investing in bitcoin and there are many more reasons to convince any one to invest into bitcoin.

Thank you man. Yes, now is the time to buy bitcoins and your article is proof of that. And good time to buy ETH and some altcoins. Yesterday etherium was 167$. Its very very cheep!

Nice article. This time, I think  this is a good time to buy BTC because it's price is low now and it can pump anytime . You can get profit  ;D ;D 8) 8)

Love the article. Provides good points. Plus the graph also tells us that BTC 19k wasn't the peak of Bitcoin!

today the market is not what it was in 2015. previously, it was considered very good, if you open an ATM anywhere, today you need more serious information feeds. I hope all the data in the article really are

good article, so I'm not too afraid to buy bitcoin. this is the right time to buy it because the market price is falling and we can pump it to make a profit.

Invest in bitcoin now and better your life in future. If you are not sure, I think you should ask the people who invested in 2009. You don't expect bitcoin to make you rich immediately but rather think of what your little investment of today can yield tomorrow. At the current price, you are able to buy more bitcoin.

Instability of global economy
Stability of the price of bitcoin
Reduced creation
Historic price graphs are very tempting
There are plans to get rid of paper currencies

This is a great article. This is really ten persuasive reasons for me to continue investing more in bitcoin. I think this is a good time to invest. I think in the future there will be many economic crises and I can live with bitcoin that I have. So why not invest in it?

I think now the market is on its day, which hold, while adjusting the market. This time is the most profitable for investments in terms of price. Now weak projects are leaving and staying really promising, which will give good growth. But each person decides for himself what and where to invest.

All in all I agree with your reasoning in your article.


I believe all major economic problems in regular financial world benefit BTC.

One thing that could start BTC rocket is collapse of stocks , which in my mind are heavily overbought and in this scenario money would flow in tho cryptos heavily.

Bitcoin is reach and use the all country people. It a future currency. It best one of the coin. People get more profit. So wait and invest. It good future coin. So don't lose it. Wait for the price increase. Crypto is good opportunity to work with other country people and get more projects and work with other team members.

As long as Mt.Gox has bitcoin, rally will not happen

Reading the reviews in your article seems very convincing. Regarding predictions, that the price of bitcoin will someday reach 50k.Is that not too excessive?

This is really an investment worth spending your money on. Bitcoin has great prospects, and the world is friendlier to it. And it will be great to have this coin in your personal use now.

I would like to show this article to all beginners who want to learn more about cryptocurrency. Perhaps I will even give a link to this article to all those who will ask me about investing. I hope the author doesn't mind.

wow!!nice article and i already trust in bitcoin.
i know bitcoin era is just started.and a long long way to go.
bitcoin is king.buy btc .

That's great, it's a good idea to help those new in crypto to know the reasons in buying such a coin. There might be many issues with regards to bitcoins legitimacy but with the help of this community and the people in it, we could encourage everyone to do the same as we do in terms of enhancing crypto and most specially Bitcoin.

The most important reason for which bitcoin you need to buy right now is that it is on the bottom. Below it should not fall any more. But he has very good chances to grow very much.

Thank you   for sharing   ;)  This will  help others  to understand more  about  bitcoin especially new to  crypto currency   :)  and upon reading about  the  development  of Lightning Network  and knowing  the  fact  that  it will help  us easy to  transact bitcoin with low fees it's amazing  ;)

I do believe that there are more than 10 reasons to buy bitcoin at this stage, but i doubt i could come up with a thousand. And yes, i do agree with you regarding the dreaded volatility of bitcoin.

When others find it off to be investing or trusting a volatile asset, experts agree that volatility has its good side. Removing volatility may decrease chances of failure but at the same time, it also decreases the chances of success in a much greater scale. Thus, it is indeed a wise of a move to be banking on bitcoin's volatile price as long as you are investing what you can afford to lose.

My only reason and concern for Bitcoin and altcoin is:
Investment and time to reach the desired profit!
Price volatility is an important factor compelling investors

Reallly nice article henry, totally agreed to points raised in the article.Nice and precise !!

I read your article, it's perfect!
I think you right. Each reason is true.
Wait the end of year :)
Thanks!

Good article.

Some points are maybe a bit far fetched (like "6. Global economy is on the brink of collapse" or "4. Crypto is becoming mainstream") however I agree on that Bitcoin has a healthy valuation atm and the importance of securities. I say again and again: regulator is the most important factor in the near future. His arrival could be only good. If we achieve a "security" term for Bitcoin or Ether, this will be huge! Just like explained under point 5.

Great article sir, I have read it and all are very reasonable as stated on the contents. You have predicted the price and scalability of Bitcoin from your old article. Now it has great possibility to maje it happen again, I hope everyone will read this.

I think the advantage of buying bitcoin in 2018 is that you can invest long term, can buy a lot of bitcoin because the market price is low, find profit, signify bitcoin.

Very good article, I also strongly agree on all the reasons why we have to buy bitcoin now, besides the price in cheap conditions there are still many very positive reasons for buying bitcoin now

Great article to read. We need these kinds of post to help fight those people who wants to spread FUD. Hope that you will create more positive posts like this one and help support the technology that we love. Kudos to you bud! This is what we really wanted to promote in this forum to let newcomers of cryptospace feel confident in using the currency not only in their daily online transactions but as well with their investments.

Thanks for the update. Valuable information. Yes, I also think that now is a great time to buy bitcoin. Price is good and there is much to grow. I hope by December 2018 bitcoin will return to the level of $ 20000

There are many reasons why you need to buy bitcoin and why bitcoin is worth it to buy. Many people sees that in the coming years the bitcoin will become more expensive than we think and it will become more valuable. One of the reason why bitcoin is good and worth it to buy is its good investment which can capable to make more income and money than investing in any kind of investment.

This must supposed to be share to anyone here in this forum. Through this at least they could find out the value of bitcoin and why it is so reliable to invest unto it. So that critics also do nothing about this article because this is one of our weapon to depend the benefits of bitcoin has. Therefore, in the end it will be more get higher and higher in the future if more investors will go for bitcoin investment.

yeah a lot of us are hoping that bitcoin will reach again its ath price last time and also hoping it will surpass the ath price this year end. Let's hope and wait for the brighter future soon.

 This price is fixed over the past six months but I expect from my point of view that the price will rise to reach the end of this year to unprecedented prices

i agree with your first statement that said "Price correction brought bitcoin to a healthy valuation" we can see that in the 2017 the price of bitocin is in the high until 20000$ and right now bitcoin is in correction time and the price of bticoin is around 6000-7000$ and this is the time to buy bitcoin with the good price, so if you believe in bitcoin and want to invest in bitcoin right now is the best time to buy bitcoin, at the low price right now you will make a big profit

 That's a great article! I over appreciate your informations in this article. You are right. Moreover, your news can make many people believe more in Bitcoin and maybe invest in it. Obviously, investors can understand more clearly about Bitcoin's advantages. Therefore, thanks for your article.

I agree with nearly all of your headings, and this is a big part of why I hodl. People think bitcoin is a scam and that bitcoin is dead and that's why the price is where it's at now.

With all the positive developments going on, It was difficult for me to understand why the price is not moving up. Then I realized that this is not a rational market. The price may not go up until it's too late for most people to jump in. Although that may just happen by definition.


I don't see demand falling but with the halvenign in less than 2 years the supply will most certainly dwindle and with LN just a few years away as well, the next bull run might be explosive.

That is a good point, I think the bitcoin moment is coming back and forthcoming bitcoin prices will probably increase because the market is gradually stabilizing and there are signs of growth. In my opinion, bitcoin has great potential in the future, so   we can invest anytime

The article is open to the public, I think this is a good article and the most detailed I've ever seen in other articles. Bitcoin has always attracted and influenced with many people.

I agree with your point of view, actually the cryptocurrency market is showing a rebound and bitcoin is the coin that topped the impact of bitcoin to the market is huge. In the future, bitcoin can grow stronger so I think we should invest in bitcoin right now

The reason we should buy Bitcoin now is because: Bitcoin prices are very low compared to 2017 when it reached the price of $ 20,000 and now it is only $ 6,500. In my opinion we should also buy Bitcoin because more and more people know Bitcoin and the number of users Bitcoin also are increasing. This proves to us Bitcoin is the trend of the technology world now. Bitcoin in the future will be invaluable so buy it now.

Price are extremely on sale compared to ATH last December 2017 and if you're accumulating this season believe me you'll earn big profit end of this year probably. Bitcoin will continue to grow more radically in the past few years and bitcoin would be important in every single asset in the planet.

Some points may be slightly distracting but I agree that Bitcoin has the healthy value and importance of stock. His appearance may be good only if we achieve a "security" limit for Bitcoin or Ether, which will be great!

Every user has a different reason to buy bitvoin we can give a an advice that will give them a tip how it runs and how it flows, users has a different interpretation and understanding so, there is own reason a person to use bitcoin but for me the reason to buy bitcoin now is to secire and have an account for a digital currency for the future because it is not possible that soon tge payment way will be digital.

There are cautions with Bitcoin and other crypto since they can be used for illegal transactions(the reason was stated on wikipedia). I don't think it's  a valid reason to ban Bitcoin because you can do the same transaction via normal currency transactions.

Author wrote very good article about the fate of bitcoin in 2016, which is still relevant today. In 2017, the popularity of bitcoin led to its revaluation and excessive growth in a short period of time. The price of bitcoin will return to these values, but later, when it will be legalized in a large number of countries.

At the beginning of the year, I read many expectations about Bitcoin going to $50000 by the end of 2018. Now, the chance of this expectation looks small, but considering the period of the last bull in 2017 and the strong defend that happened on the $6000 level, I think Bitcoin still has a chance to go there.

One of the best reasons to get AML BitCoin is that this is the only compliant coin with AML and KYC.

Henry Brade, Bitcoin enthusiast & entrepreneur. You are a good writer and 10 good reasons you nicely discussion. Through all points i can't understood it's my lacking knowledge. But point number 2. (Bitcoin has proven it is reliable and that it can scale) is good enough realistic. Market and holders sentiment are low for reasons of collapse market.

Thanks for your article. Your reasons are very precise. I also believe in bitcoin's future and hope that bitcoin can go far and develop quickly

I agree that now it’s a convenient time to buy bitcoin due to its comparably low price. More and more people want to buy bitcoin to possess at least a part of digital gold that has a limited emission. Reliable blockchain technology contributes to the growth of bitcoin as well. I think big businesses have just started to invest in the crypto market, that’s why crypto boom hasn’t reached its peak yet. But let’s don’t forget about the risks. The crypto market, in general, is very volatile, so bitcoin's price can fall even deeper, and nobody can predict that.

The reasone why we should buying bitcoin in 2018 is because the price already drop more than 80%. Its much cheaper if we are looking highest price and it will profitable in near future when market start recovery

I agree with your reason number 4, where now Bitcoin is already a common currency that makes the entire altcoin become mainstream
Bitcoin is like a king of currencies, where every time you have assets other than Bitcoin, it can be exchanged with Bitcoin directly, and not all currencies can be universal like bitcoin in terms of exchange

Bitcoin it save from tax storage
Like invisible safebox in the sky

That is not entirely true of course. It's not that easy to cash out 10M USD from Bitcoins without paying taxes and spend that money on real estates for example. But these are sweet worries, I guess :)

One of the reasons to buy Bitcoin now is to become rich in the future. Buy and forget. Remember in 2-3 years. You will become richer several times and thank yourself!

This is very concise and I think people should invest now because it will be booming in some days to come. Everything on the market shows that BTC will start its magic and the bull market will start in no time.

Very much informative article and really helpful. But i have only 1 reason))

   Very nice and encouraging article,very positive. Well explained why we need to buy bitcoin now with no doubt. Let us be a real,courageous,positive mind,and a long term investors of bitcoin and cryptocurrency.

Bitcoin is the best opportunity to invest today. I agree with you that this technology has great prospects. And let the newcomers are not afraid of the low price now. Everything will be fine.

Bitcoin price is the lowest level and it is best to buy more for any future gain if only your trading objective is a long term. But if you day trade then holding it at now is not profitable thing to do.

This is never nice,  this is truly the best time to invest on bitcoin so  as not to be left out of the benefits when the price is back in the track.

Bitcoin being a reliable cryptocurrency is enough to say that it is great other than any reasons. Having bitcoin on wallet is like keeping gold in digitalized world, gold with much more power on the internet and has high volatility. It is good to buy now since the price drops from about 70% since the start up of the year.

For me the reason for buying bitcoin beacuse deposit your money and waiting the day the currency highly and thats time to trade..

Which one? To earn money on its growth? I think, the majority of the guys here have the same reason to buy Bitcoin. Additionally, I travel a lot, and BTC is good for it.

.
To invest your time and resources in crypto, especially bitcoin is the best decision one can make at the moment. Crypto is taking over the world, most people who invest in bitcoin have so much confidence to make huge financial gain. Even if you have a job that pays well, you need to invest in bitcoin for the future.

Buying 10 BTCs now costs a lot of money and costs $65,000!
If I have so much money, I will go buy a lot of EOS and wait for the appreciation of EOS!
Eos will be another BTC!

 Bitcoin has been proved to be trusted for those who are involved and aware of Bitcoin .The reason for not accepting Bitcoin is the unawareness of Bitcoin .Now Bitcoin has been developed the greatest development of this year 2018 that is the lightning network in the history of Bitcoin.

Now is the best time to invest in Bitcoin, especially if you have a well-paid job. Then in the future you may not worry about your life and your work. Bitcoin will take care of you and your family.

You wrote a very good article. This can help many beginners decide to invest. I will show this publication to my friends, I think they will also like it.

Very good article, many useful information for beginners in crypto. As for me, I absolutely agree with you, it's a good decision to buy btc now.

you need to buy tomorrow or the day after tomorrow, it's time for low prices. next year will be 2019, and shopping time will be missed.

you write, thanks for the article. people should buy bitcoin now and hold as the potential bitcoin has is too great. we will see bitcoin grow beyond our expectation in no distant time soonest.

In my own opinion, it's good to buy bitcoin now because for almost a year now, bitcoin is still down which i believe is preparing for another launch to the moon just like what happened last year. So while its market price is still down, take the very opportunity investing on it now.

Nice article, buying Bitcoin now is a wise choice the market sentiment is low and this is the time for people to grab as much as they can

This is very informative and encouraging  especially at this time when Bitcoin has dropped. Bitcoin can never be thrown away but rather scale and meet the adoption of many companies and countries as new developments enter its Blockchain - The Lighting Network and acceptance of ETF.

I fully support the author and I also believe that now is the right time to buy Bitcoin

Very interesting article and supported with illustrations that clarify the reviews. Well, even though the price decline is poorly sounded, but there is a positive side, we have the opportunity to get a fairly low price. As you explained, good opportunities await if this correction ends and again rises. we just need to be patient and carefully observe the chart.

Hi. thank you for your good article. I would share it to  my friend and recommend them to buy bitcoin.

indeed a good article written. if you want to buy please pay attention to the bitcoin price chart on the market. some bitcoin days go down, it's good to buy bitcoin soon when the price is cheap. I just watched and was aware of the decline in prices. I was afraid that if I bought now the price would still go down it would be better to wait one week to see the price tag if I feel safe, I will immediately buy bitcoin.

I am already reading your article on that link and its really great article. I am believe buying bitcoin is good decision right now because bitcoin at low price and i am believe the potential of bitcoin in the future.

As I know Bitcoin Price is still high and reasonable for the investors in the past years, We can also see from the charts and I guess others are predicting BTC price will rise again from the depth. Still, my primary crypto is BTC to hold my assets for online transactions.

good article thanks for your information

Bitcoin is highly unpredictable, it can go to the moon and can drop from the moon. But it is predicted that 2019 will be the year of bitcoin same like 2017 and bitcoin will rise and grow and make new records. So buy bitcoins to get profit in future but only buy coins that you can afford to loose.

Good to know the latest edition of buying bitcoin. I can't stop thinking until now with 2018 bitcoin market that instead of getting high it seems liks it falls down to more. As we all know that bitcoin has gone some popularity all over the world but how come it even had a huge market price fluctuation. Well we should wait and see now. I will be following bitcoin market price as always.

Some of the reasons you should buy bitcon right now are that the bitcon prices are now attractive to the bitcoin purchasers you should buy and hold so you will have the opportunity to get profits as well as get the opportunity to own. gold bitcoin

Bravo Henry! A detailed article simple enough to be understood by a common folk. Bitcoin (though not everybody will agree) is indeed reliable and scalability is on its way. I am not expecting another 2017 this year. But I am expecting a conservative bull run towards end of 2018 and probably even crossing over January 2019.

This article will help us to encourage more potential investors to engage in the industry of cryptocurrency. I know there are more other reasons to buy bitcoin. With this, we can prove that this market is profitable and this technology has future for our society. I will recommend my friends to read your article too.

In the case of bitcoin prices declining as they are now, the positive side is a good opportunity while waiting if this price correction ends and returns up. When the price of bitcoin is very expensive, there are only a few investors who enter. Everything is waiting. Unlike when prices fall, they are ready to enter with a large investment when prices reach predictive numbers. Because bitcoin investors are mostly speculators.

exactly, because the delay in the ETF ruling that dragged on late yesterday was indeed one of the factors that caused the decline in the price of the BTC, so if later the ETF was successful then people would be excited again and certainly would have a very good impact.

All the reason in your article very nice and good which can really caught the attention of investors to invest in bitcoin. I hope you can published more article about cryptocurrency especially the good benefit of a cryptocurrency to the investors.

You are correct,this is our opportunity as a small investors to purchase this great huge cryptocurrency,i had already purchase in the past and had purchased also ATH but i am willing to purchase again and again as long as the value is lower than the hyper prices.and you are also correct about being patient is the only weapon we must have as bear market stays longer in our community

Thank you for sharing this article with us and I think it is very educative.  Bitcoin is going to recover with speed in some years to come and the current price is one of the Best price to buy.  2019 is here and I think now should be the best time to buy for next year trading.

There are probably hundreds of reasons to buy bitcoin, but the truth is you only need one reason to adopt bitcoin, bitcoin is the future, something like bitcoin is going to be what currencies are going to be like in the future, and you can decide to be one of those that decide to be part of the change in the early stages or to be left behind by those that adopt bitcoin before you.

This!

I own Bitcoin because it is the future of money.

i think the right time hasnt came yet.

bitcoin will drop 2500 i think in 1 month. and it is the right time.

i dont think it will drop below 2500. and 2500s are the best prices for taking.

But why wait for that long? Now the price is close to 4000, we do not know how long that price will last but do you understand that your desire to get the best possible price for bitcoin could have cost you the opportunity to get it at a price that was already very low? You need to review your strategy because not buying bitcoin just because it did not reach your target price could cost you thousands of dollars in profits.

any good reasons to buy bitcoin right now when it costs that much