I believe bitcoin will go up, not much, but $600 is possible by December.
You gave to long time for that to reach $600, you will see halving is going to occur in the mid of july this year and bitcoin price value will reach to $600 before the halving, and after that it will boost up. It will not reach 600 before the halving it will reach 600 after the halving,when the difficulty is double and when the whales are holding bitcoins. But I will say that no matter after the halving or before the halving, there are both the chances for the bitcoin to reach either $200 or $600, but all depends on the favour, adoption and support of the people, when they are with it it will reach or cross $600 and if they leaved it the price will go down to $200. I don't think that people will take risk of leaving it at this stage as everyone has high hopes from bitcoin and it is a belief that price will go up at the time of halving. |
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In the future it is possible for us to see the fees going sky high if you don't take care of the blocksize increase issue for good and as fast as we can. Bitcoin's intergity could be at risk.
There is possibility that fees will go higher in future but we want that bitcoin should stay longer as if the value of bitcoin is high then we can afford to pay even higher fees. |
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Its different, it doesnt seem trustworthy, and people aren't used to change. Give it time, and bitcoin will expand.
I actually agree with you that bitcoin will take its time but it will surely expand a lot in coming time, and the users will increase none-stop everyday when new places will start adopting bitcoin as a payment. Yeah majority of the world is not aware about the bitcoin at a moment, but scenario will change in future when bitcoin will become more popular and will be accepted widely. |
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if i am running a business regarding uᴉoɔʇᴉq or having a large mining farm ,it makes sense to quit your day job. that is not the case with me, if i want to live a normal life i need to work , the world is damn expensive and competitive to live by with the help of uᴉoɔʇᴉq alone.
Depending only on bitcoin is not the right thing to do as bitcoin doesn't guarantee us financial security which our full time job offers so its good to treat it as an extra. |
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I am holding now as I don't feel to sell at current price as price is not too high but if I sell at the time of halving then I can expect better profits.
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i think that in this case trading might be the right thing to do if you want to make that much money
of course there will be some risks involved but its not gambling and it can help you make the money easier, i hope this will help
I think in trading the only risk experienced will be the transaction failures. When some transactions goes wrong it automatically makes loss to the trader. Also this can be solved only if the trader takes high responsibility. I don't believe in trading I would rather go for gambling or only hold it for future where I can sell at the right time and earn higher profits. |
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Investing is much better right now, if you look at the price at the moment its pretty low and the price is nice to buy right now.
Buying your moondollars right now(investing) could deliver you a lot of profit on a short term, with a short term I mean in a couple months when the halving has been done.
There is a good chance the uᴉoɔʇᴉq will let the uᴉoɔʇᴉq rise to a high amount.
Yeah bitcoin price is stuck now and its not rising at a moment but we will be seeing higher price in next couple of months when halving occurs. |
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so many reason, for example: they got bored , they think they dont need uᴉoɔʇᴉq anymore, they think that uᴉoɔʇᴉq dont have bright future (i believe uᴉoɔʇᴉq have bright future)
Yeah you're absolutely right, they think that uᴉoɔʇᴉq don't have bright future, it also means that uᴉoɔʇᴉq not profitable and disadvantages for them. These reasons is the most mainstream people do. Yeah people hold negative mindsets towards uᴉoɔʇᴉq and that is the reason they prefer to stay away from it as they have a feeling that uᴉoɔʇᴉq will not survive in future. They will think that but when they see in the street and look at a shop that accept uᴉoɔʇᴉq then they will change their mind and use uᴉoɔʇᴉq too. That will take a long time where we can see shops accepting bitcoin but before that people should have basic knowledge of bitcoins then only they will feel to use it. |
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they most probably can not, at least not right now as banks are really strong nowadays and most people rely on them
i think that a lot of time will have to pass when uᴉoɔʇᴉq will be strong enough to change banks
Now or then replacing is a difficult process. Past days uᴉoɔʇᴉq grew when people were not much aware of digital currencies. Now when it popularized more users adopted it but has not avoided banking. In this way replacing of banks is highly impossible. Yeah I think that bitcoin can never replace banks as banks are more powerful and popular then bitcoin and bitcoin will need very strong reason to over take it. |
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Not much... to me BTC is now just something waiting to be beaten by another coin. It was a concept and now we are looking for something new and more pratical
You have to accept if not now then very sooner then uᴉoɔʇᴉq is now a normal currency for online use and it will be the only established crypto currency all over the world, no any other coin. Yeah and bitcoin will be more popular in future and we will see majority of sites accepting bitcoin as a mode of payment and it will be used more in compare to Paypal. |
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When I introduce uᴉoɔʇᴉq to friends, they are not interested. They think it is supported by governments, so it has no value.
lol, uᴉoɔʇᴉq is the extreme opposite of the governments. have you told them that the governments are actually out to slow down uᴉoɔʇᴉq's growth by throwing in ridiculous policies to make it less easy for people to use and trade uᴉoɔʇᴉq. if you explain them everything in easy to understand language, then i am sure that they will understand that uᴉoɔʇᴉq is meant to bring us freedom and make us own our own money. Yeah explaining them about the advantages of bitcoin is very important as people start adopting new things only if they are getting any benefits out of it. |
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Oh yeah! Make living on uᴉoɔʇᴉq  That is my dream too!  But that would be hard without having some of it. And keeping it having some profit should be always guarded and see if the price go down or rise. Knowledge in those movement is the first necessity. I believe its too risky to depend only on bitcoin for living as if bitcoin will die in long run then it will be difficult for a person to survive as he will go through financial crisis. |
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Holding coins too much is bad IMO, Holding some bitcoins is a decent idea and holding coins when the price is falling is mostly a decent choice when/if the price recover but holding it when there is big profit to be taken like the $1200 surge before wouldn't be smart considering the odds of the price falling downward again IMO.
rice is going up, they buy back at a much higher price. and when the price comes down directly after that, they will sell at a loss once again. these people don't seem to learn anything from their mistakes as they keep losing and losing. and the most funny thing is that they will blame bitcoin for their wrong doings That's true and people lack patience and that is the reason they sell when the price drops as they start believing that it is an end of bitcoin and it will not survive in future. |
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Now why would you do that? Why not us both to maximize your potential income  This is a more logical strategy to make bitcoin/fiat work for you to become successful financially. Yeah that is the correct answer for that. 2 jobs is better than having just one. Besides you can use extra income for putting an investment in bitcoin. Buying some wont hurt that much even just for a little bit. I will only quit my day job only if I'm holding more btc which will be enough to support me and my family for years but right now 100% sure I won't. Honestly, most people wont even have that option. Only because the value is always at a constant "what if" value of going up or down. And it sure hell doesnt help to rely on that to support a family like you said lol. Its like telling your kids to starve, all based on bitcoins price. Or cant make rent etc. Indeed, there are just too many risks right now, and the fact is that the bitcoin is not even stable and it never been stable so that is already saying enough. If you on your own you could take the risk although I would not recommend you to do this because the bitcoin can also collapse these days. And if the bitcoin goes down to the wrong way you will have no job and lose a lot of money + no salary. It will be a foolish and worst decision to make to quit your job for bitcoins, and I don't understand why people expect too high from bitcoins, its just a normal currency like others. |
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I really don't like when people saying things like this. They don't understand what talking about!
no bitcoin users are happy to hear that bro. all bitcoin users would be upset if somebody said something like that, I think people say that because they do not know what it bitcoin. What are you trying to say that btc users are happy to hear that btc is dead? Have you lost it or are you out of your mind? Please make any logical comment that makes any sense. |
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Bitcoin doesn't have to urgently replace fiat. I think Bitcoin is complimentary to paper money and they could co-exist and synergize each other. Their advantages and disadvantages make them suitable for different purposes. You could always exchange funds from one to the other based on your needs.
bitcoin is not real money but merely a different way of employing existent fiat money, obviously it cannot replace it. Its really difficult to believe that bitcoin can ever replace bitcoin as fiat is more popular and have more users in compare to bitcoins and fiat will always be widely used. Fiat has more users? Fiat is used by all people in the world. Bitcoin so far doesn't even have one million users. That's a real difference and to be honest not a fair comparison. That's what he is trying to say that fiat has more users as it is being used by everyone and bitcoin is a small baby in front of fiat which can be dead at any point of time. |
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Selling at this price is a good decision if the user is in need. Else holding till halving makes him happy with upcoming price. At least $500 will be reached on halving from most speculations.
I guess now is the wrong time to sell everything. resist until the price reaches $ 500 or more. because it will happen soon, and when that happens you'll probably regret selling it all now, that you have to do is be patient Yeah if selling has to be done when price reaches $500 every one needs to wait for few more months. Yes. I think the price will be below $500 for the next few months before the halving. Then it will reach above $500. Selling at a moment is not at all a smart decision nor profitable but if you hold it for next few months and sell at the time of halving then it can give you best returns. |
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There are many ways to earn money from bitcoins, for example
Gambling
Trading
Faucets
Signature Campaigns
Offering services
If you are talented and hold multi skills then sky is the limit for your earnings.
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In my opinion bitcoin will not be used for everyone, in any year. It could be a good money system accepted on lot of countries, but people doesn't want to have only one option.
Yes people who are used to credit cards or fiat they will use that and not bitcoins no ones wants to experiment with their money and spendings. |
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Its simple just show them how can you make money from it and show them how the value of bitcoin multiplies on regular basis and I am sure they will like it.
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