Even the blind can see that crypto Currency is making people millionaires all over the world just because they present the holders of such currency with the financial freedom and opportunity to accrue large amounts of wealth base on currency investment . But my question is that, is it late to buy bitcoin? Should i wait maybe bitcoin price will decline after 1st August meeting? Please i will welcome your advice so that I can make my decision on crypto currency investment.
It is never too late to bitcoin, as we all can see that bitcoin's price is rapidly increasing, and it still has a chance to go higher. Investing here in bitcoin will be good as the price increases because your invested bitcoin will not go into waste. It is overwhelming that the price increases, and now is the best time to invest in bitcoin. |
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It is a good idea for users here in bitcoin to rely on it on financial aspect, but we must not forget that it is still risky, we won't know when it will rise or fall again. Bitcoin's price is really unexpected nowadays. Saving bitcoins for our children is a good way to save because there's a chance that the money that you have saved will be higher.
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Of course I'll use bitcoin whenever the need arises. What's the point of having btc if you won't be able to use some of it when you need it.
Most users of bitcoin want to earn bitcoins of course, and we all have own reasons why we want to earn bitcoins. Some of the users, including me, use their earned bitcoins in their needs in daily living or in other things, so that bitcoin will have a use in our lives. That's why people who use bitcoin likes to keep on earning. |
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If ever this is legit and true, then it is good for the community of users of bitcoin. Actually, we should be expecting these kind of events as bitcoin is becoming popular worldwide and more people started using it. More large establishments and companies will be accepting bitcoins as payments as people demand to have it. Sooner or later bitcoin will be used everywhere in the world.
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Bitcoin Talk Name: romeitaly Bitcoin Talk Profile: https://bitcointalk.org/index.php?action=profile;u=1042022Rank: Full Member Post Count (including this post): 183 Your Login on UT(web): UT1076588 ETH address: 0x914E778Dc3c78718147404479ff1776cf165284D BTC address: 391JcpXP5DeDpnTWr2aotzDxwD3Jao3SPR |
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Everyone of us who uses bitcoin knows the risk of using it. Bitcoin is volatile and we never know when its price will rise or fall. That's what makes my greatest fear about bitcoin and we will never know what will happen for the next few days, weeks, months or years; we won't know if something may affect bitcoin and that may cause some problems and conflicts and it will fall to bitcoin's failure. What makes me fear more is that if I had great amount of bitcoin and then bitcoin will suddenly shutdown or fall back to low prices. Of course that's a real disappointment as a bitcoin holder and user.
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What makes me attracted towards bitcoin is that I can easily earn it with just joining and participating through different threads (by joining in signature campaigns). Joining in campaigns can make you earn bitcoin and when you have enough bitcoins, you can now invest, hold, or trade with it so its value can be bigger in the future. Also, I like it because anyone can use it; studying or working, young or old, you just need to have an internet connection and there you go; you can earn and use bitcoin.
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We all know bitcoin is not limited for men only, and bitcoin can be freely used by everyone. We have our own different reasons why we have used bitcoin, and why others do not use bitcoim even though they know what are the benefits of it. I am a female and I think the reason behind these things are because discoveries from internet or any technology is usually led by men and they are more interested in it. Women have different perspectives and we don't know what run on their minds.
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No it will never be a national currency because every country has its own currency and by that we can determine what country a money came from. Bitcoin can be a worldwide currency but it cannot be one's local currency. Fiat has been the foundation of every country and we cannot remove it just like that.
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Have you guys ever think to how long is bitcoin will survive in this world ? Well, I mean is there anything that can make bitcoin bankrupt or low price, then possibly will make bitcoiners doesn't want to invest anymore. And also is there any solution to avoid those thing. Just wonder to know.
As long as users are engaged with the activities that can be done here in bitcoin, bitcoin will survive and will exist longer. If people will stop using bitcoin, then slowly its proce will fall because there are only few left who use bitcoin. If the rapid decrease will continue, then maybe bitcoin will be shutdown and it will be gone. For now, I think that will not be happening because users are increasing. |
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Bitcoin's price now is very unexpected, and now many users are really into it and will decide to have trading, investments, and other things that can be done here in bitcoin. Before, users are happy with the price reaching $1000 because it is already unusual, but the rapid growth of bitcoin's price of $10k is extraordinary. I believe more people will start using bitcoin this coming year.
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As we enter 2017, Bitcoin begins with a fresh start making it worth nearly $1000 per coin. Users, banks, and even governments are becoming more interested into Bitcoin, and its underlying technology called the Blockchain. Now, as we progress into making Bitcoin more scalable and efficient than ever, I would like to know what are your thoughts for the pioneer cryptocurrency in 2017? If all goes well for Bitcoin this year, it might increase its value more than $1000, as well as become closer to being used as a mainstream currency. What do you think?  Year 2017 will come to an end in a few weeks, and this post was posted January 2017. People least expected that bitcoin will go into a boom: bitcoin's price is now $10k and it is really overwhelming for us. We don't even know it will reach this value. In this coming year 2018, let us expect there will be more people who will be interested in bitcoin, and bitcoin will be more improving. |
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So I have 2 cousins. One of them doesn't save and is a huge spender while the other is a saver and spends only once a year. So would bitcoin be a good way to teach them about saving? Since, mining bitcoin is the only way to make alot of bitcoin, I would use a alt wallet to show them what happens if you spend and don't save. What do you think?
Well, that's a good idea, and I think somehow yes, it will help them to save more money. Just let them know what it is all about so that they can fully understand how it goes and how it works. Bitcoin somehow says to us that netter to save now than to spend because there's a possibility it will get bigger and it is better to spend it later on because you have saved more than enough. |
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I think bitcoin will not replace fiat because fiat is our foundation of money, and if bitcoin will be more popular than fiat then it is good, and I'm sure it will happen. But I don't think it will be gome completely because it is still important for those who doesn't have access in internet.
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Bitcoin is used for transactions in online, you can trade it and even invest. In my case, I also use my bitcoins in my daily life. I save them for my studies in future so I can help my parents in sustaining our daily expenses. I will first convert it to our local curremcy so that I can use it anywhere I want.
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I think it will be possible and everyone in the world will use bitcoins and not dollars anymore. But I also think that Dollar will not entirely removed in the world becuase I think it is still important at that time. Many people still not know about bitcoin, and they don't have internet connection. But I'm positive that bitcoin will be used all around the world. |
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I think nowadays, bitcoins is better to use to invest your money because the price is getting bigger and you'll have more bitcoins if you have invested at the right place. Somehow it is risky because you will not know if it will fail or when the bitcoin's price will rise or fall. You should be aware of those factors and try to figure put how are you going to invest in bitcoin.
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I think it will not replace gold those two are different things. Gold is a precious thing here and it is valuable. Bitcoin is a digital currency and we can say that we can invest in it. Bitcoin is a different thing and it must be clear to us that it may be another thing to earn and have money.
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