No, but consider making a strategy already in the amount of Bitcoin your about to buy. There are a lot of speculation on how much Bitcoin will reach in "X" year. It will keep moving up as their are many buyers in the market. If I would look at the condition of the market today while I plan on buying bitcoin, I would suggest buying after the year ends.
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Holding bitcoin is not the way of being greedy because if you are holding bitcoin then you are just holding to the hope that the price of bitcoin will go up even higher and when that price is reached in the market then the price will give a lot of benefit and there is nothing to worry about bitcoin because it is still young and it will give a lot more surprises for us.
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BitCoin is a special payment channel, it is considered convenient and completely different compared to other payment channels such as currency, drop card, paypal ... However, it is a constant Bitcoin is still money, still valid and accepted by everyone
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To be honest, 100 years is a lot of time.
A lot of currencies have survived amongst times, but BTC, as the first one that really exploded in conjunction with the always decreasing time that things are taking to evolve, it will not take 100 years so that another coin or even an alternative transaction method comes up and reigns.
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Maybe they're worried about the bitcoin being used as a criminal transaction tool, they also think bitcoin will get rid of that paper. It could also be because they can not use bitcoin and are just regular money users.
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We can only compare this two on the basis of there price but can't come to a conclusion that bitcoin will replace gold. They are incomparable in every other field. Gold is one of the most precious metal of the universe and it will exist forever. Whereas bitcoin is a virtual currency.
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Yes. Please do plan. Good plan. I came across few threads stating that bitcoins can be used as an asset. Sure. This really can be used as an asset and saved for children's future. Either this can be bought and kept on hold for future Or invest bitcoins and receive profit. So good idea to save for children.
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Yes. Please do plan. Good plan. I came across few threads stating that bitcoins can be used as an asset. Sure. This really can be used as an asset and saved for children's future. Either this can be bought and kept on hold for future Or invest bitcoins and receive profit. So good idea to save for children.
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Not everyone knows about bitcoin, and they can think that this might be scam. Also, it has no fee (kind of) and you can use them almost in everything without any problem.
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Yes of course social media affects its growth, because bitcoin does use to introduce its products or projects through advertisements in some social media applications ...
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Well people were paid in cash for crimes too, bitcoin is just another currency. And why now, BTC rose with the darknet markets that sold guns and provided what all services. Still provide I think
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Criminals are using it already, the biggest organization of criminals are ISIS. that is how they are funded through Bitcoin because digital currency is very hard to trace specially if you're using many network transfer and end up all to the same recipient. They can buy anything without regulations.
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My plans for bitcoin are pretty simple. I just make money with the help of them. This is the main reason why I work with Bitcoin. Of course, if everything is going well in the future, then I can do even more. Invest your money in the crypto currency, for example.
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I think yes because Im sure there are some instance where a depositor withdraws his savings and invest in cryptocurrency like bitcoins this will cause some banks to collapse if majority of bank investors withdraws their money.
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Banks are afraid of loosing their funds and decrease in the profit of their bank, other than that I can't think any harm that bitcoin can cause to banks. Bitcoin is just peacefully helping people to store their money safely and decentralize which means the value of currency is not in the hands of few people. All these factors and much more attracts them towards Bitcoin thereby reducing the profits of Banks.
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For me, if you are new in bitcoin, dont quit.
Bitcoin trading is not a stable income, at least you need a stable income to support your research in bitcoin world. Just patient in research, until you become an expert in bitcoin, then its okay to quit.
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These are the people that doesn't want to experience the change we are having. These are the people who are sad because they envy us of having knowledge about the cryptocurrency we are studying.
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Bitcoin is money, but it all depends on how you earn money. Investments or trade with bitcoins also carry a risk and can lead to loss of money like gambling.
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Bitcoin gives me a chance to earn more and make my money grow so i can buy the things i want. this is a good opportunity for someone who looks for extra income aside from their active income. Bitcoin teach me how to earn unlimited income thru trading and also signature campaig, im glad that im finally here to make my future bright with a help of bitcoin.
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I don't think that bitcoin can be replaced by any other cyprtocurrency at this stage. We can see bitcoin cash rising a bit, but it will probably die out soon. The maximum I could see bitcoin cash in is as a great altcoin, such as ethereum. At this stage of the game, I wouldnt say that bitcoin needs to fear of any real competition. The future should be bright for bitcoin!
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