Hey guys. I was asking my self "Should I buy Bitcoin now? What if it's gonna go down after I buy?". What do you think? Should I buy or wait?
At this current price, I won't buy bitcoin because it's too high for me and I couldn't afford to buy it but if the price will go down a little bit maybe I will decide to buy because it is sure that once the bitcoin price goes down, it will also rise again into a bigger price. So if that's the case, I will buy bitcoin only if the price drops but it is up to you if you can afford to buy, then why not buy bitcoin. |
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Hi ! First message here. If a global disaster would happen on earth ( And I somehow don't wish it ) Would the value increase or decrease ? I'm not talking about solar flares or EMP. But more like big wars or great natural disaster. What are your opinions on the subject ?  If in that kind of disaster maybe the price of bitcoin will drop because people will not think about earning bitcoin but they will be more focus on saving their lives before thinking about bitcoin. Maybe after the war or the great disaster is gone, they will back to their normal mindset and they will be going to invest more and then the price of bitcoin will rise again. So both decreasing and increasing of bitcoin's value will happen. |
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For me, it isn't. We have different talent and knowledge on how we give and do stuff that we love. Bitcoins are for everyone and we have the chance to try or even have this to earn and save money for our future.
How about you guys? Is it only for the educated and knowledgeable people only?
No. Bitcoin is not just for educated and knowledgeable people. As long as you are capable to understand then there's no problem you can also be part of the bitcoin family. Because even if you are not educated, you also need to learn some strategies here it's like you are also studying how to earn big here. Because if you are lazy on looking for some information that could help you know how to work in bitcoin, then probably you will not earn just like the people in here. |
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A documentary here in the Philippines entitled: FAILON NGAYON have exposed Bitcoin as a type of scam.
It goes like this: a callcenter agent guy invested on one of the sh*tcoins here. He invested a fair amount of money into it as a promise projection of 50% gain for about 3 months. After 3 months have passed and he was about to withdrawn the money, support system from that UK based comoany was suddenly became unresponsive.
Financial analyst said that bitcoin is being used by some scammers to phish for money from users through untrusted sites.
I think that due to anonymity, it is very hard to track down those people who uses bitcoin for scamming.
For me, I think you just invest amount ofnmeny that you can afford to lose. Secondly, just transact with secured sites and not fall for get rich quick schemes because most likely thisnis a scam.
What are your thoughts on this?
I’m sure people can come up with scams that include Bitcoins or altcoins but that’s not an implication on cryptocurrencies. People can scam you with any kind of money and they do it all the time. If anyone promises a certain gain over a period of time, then they are scamming you. They can’t make those kinds of promises. The sad thing is that as people use Bitcoin in scams, it can affect Bitcoin’s perception as we have seen when people claim that Bitcoin is used for illegal activities. This can affect Bitcoins price and acceptance in a negative way. Yes you are right. There would be a big possibility that because of the featured scene on one of the TV programs, people would definitely think that bitcoin is a scam and it could be so hard for them to believe that it is legit because of what they saw and heard on TV. That call center agent who exposed bitcoin as a scam was careless because he didn't check many reviews of that site before investing. He should have be mindful that there are some people scam using bitcoin and not just using bitcoin but scammers can use anything just to scam other people. |
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According to different Statistics the Future of this virtual currency is so much brighter than others currency and people will find very easy to deal with every thing through bitcoin. some Reasons are really very fruitful for economical development such as
1.In future buying bitcoin is more easier than past condition ad people can complete so many task very easily.
2.most of company use bitcoin as a local currency that helps to regulate bitcoin like regular currency and more company will interest for using this currency(bitcoin)
3.international client are more visible if this currency will use globally.
4.in future if government use the protocol then cyrpto-currency will protected and people feel safe for using this currency.
No one really knows yet actually because a lot of things are still happening with blockchains and it is still dealing with the legalization of it all over the world. We can help bitcoin have a better future by keeping on supporting it and by having faith on it. Bitcoin has many things to offer and the best is yet to come so we should not stop believing no matter what happens. That's really true. The only thing we can help to bitcoin is our undying support no matter what will happen. Whether the price is high or low, we need to keep on holing it and believing that it will recover and will always recover if ever its price will become low again. We will just be alert in checking every now and then about its price so we will always be updated and not to be outdated. |
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I started being a bitcoiner here in this forum last January, and after 2 months probably it will be my first year in cryptocurrency. I have bought cellphone, mouse, eyeglasses and many more with bitcoins. It is so fun being in this crypto.
Wow! I hope I can also have more bitcoin after a year here so I can also buy what I want to buy in the future. Because for now, I didn't buy anything using bitcoin because I don't have 1 bitcoin yet and I need to earn more bitcoin first before I will be able to buy bitcoin just like what you already did with your bitcoin. If only I knew bitcoin earlier, maybe I also had more bitcoin now that I can use to buy something. |
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Seeing the great volatility in the price of bitcoin, and the continuing uncertainties about its future and the limitations of scalability, investing in bitcoin does not seem a safe investment, but a high risk one. Therefore, I do not think it prudent to invest all your capital in bitcoins, but it should be considered as a portfolio investment.
For me, it is the safest mode of investment and making big profits. Bitcoin is highly decentralized and anonymous as well. It is not easy to hack your bitcoin plus no one knows whether you are owing bitcoin or not. Just unlike paper money, nobody is going to rob you of your bitcoin. Bitcoin is so far the only investment which is capable of producing grand profits and even it has surpassed gold in this race. I think it is true. Bitcoin is safe for investment because no one can steal this from you unless they got your password and change it. It is safe because there are so many users of bitcoin and it is not easy for a person to have a specific account so I think the hackers will hesitate because he might hacked the wrong account that he or she is planning to hack and he or she might be recognized by people and he might be put to jail. |
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What is bitcoin for you? Is it a chance or a scheme to get rich? Or is it actually to keep your wealth to yourself.
What lead you into bitcoin world and what's keeping you here?
Bitcoin is something that I could really value because just like fiat money I can use it to buy my needs online like for example if I want to load my prepaid sim card I don't need to use my fiat money because I have bitcoin and if I want to buy things online, I can also use it as long as the online shop accepts bitcoin as a means of payment. |
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How quickly bitcoin has recovered, lucky are those who were able to buy bitcoins when the price hits the range of $5,000.
Now, the price is back to $7,000 and it's moving fast so I think people are still not selling their bitcoins waiting for it to reach $8000 to create another ATH. Bitcoin proves that he is the king in crypto and all BCH success was only temporary, that was just a hype because the real deal is bitcoin.
Yes it is true. It only take few days that bitcoin price is decreasing and now it backs to normal status of keeping it up to the higher value than before. Bitcoin price is really unpredictable because we really don't know what will happen next after the price down and price increase. There's always a way so that is why we don't have to worry if ever the bitcoin will go down because there's a big chance that it will recover immediately. |
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Basically I think the strategies is not always working with a smooth, still depending on the luck we have, our luck is the most important role in any games that we played on gambling. I once used the strategy on the dice game, but still it only works once in a while. Because indeed in every seeds that we play.. it's really randomly, and not easy to guess unless using a scripts or anything that tries to cheated it.
All strategies might be not worth unless you are enjoying what you've played of, and with the dice game I think the website of betting game has secured gaming set-up and to cheated is impossible. Maybe the players might be capable of to be cheated by the site itself, because online gambling has its own server filled with data around their system so the manipulations can be done at any single instance. That's how I view it that strategy in playing gambling might not be so serious matters for everyone because it was just a lucky chance of winning. |
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I heard people said that Bitcoin's profit is higher than profit of drug dealer, weapon dealers or profit of real property or any kind of stocks. Is that real ?
I don't know, i am not familiar with profit from drug dealer or any stock, one thing i know and sure that in bitcoin theres a chance for you to get a higher profit it you will invest more and maintain your investment with a good techniques and skills. Actually, the information he or she heard is not really accurate. Because I will not believe that those drug dealers or weapon dealers will not invest in bitcoin if they really get more profit here than in their business now. Maybe if that were true, many drug dealers and weapon dealers quit on their business as dealers and invested in bitcoin because they can earn more money than their business, right? |
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You already know the outline, so basically you use bitcoin for online transactions like buying and selling almost anything
Obviously because we cannot have any transactions with the use of bitcoin offline. We need to use bitcoin only for online transaction such as buying load, sending money to the bank, paying electricity bills, water bills, and any bills that can be done online are the common uses of bitcoin. We never use bitcoin for offline transaction because we cannot literally hold bitcoin like the fiat money. |
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Just a clarification - buying Bitcoin to wait for the an increase just to sell it for profit is more trading than investing. Investing in bitcoin would be holding over the long term.
Yes, investing in bitcoin for a long time can make us rich. I think that this will be possible in a few years. And I do not understand those people who say that it's too late to invest in bitcoin It is better to invest in bitcoin and keep it for a long time. But while you are keeping it, you also need to work to add more bitcoin to your savings wallet so the more you keep it and add some amount of bitcoin in it, the more you can gain from bitcoin. So don't doubt and invest in bitcoin now because it is not just an investment but it will truly helps you to become rich soon. |
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No I don't lose faith in bitcoin. The bitcoin price is going down now but I did not take it as a disadvantage, but instead I take it as an advantage to buy more bitcoin because it becomes more affordable for me to invest in it. When the price of bitcoin increase again I will have a bigger chance of getting more profit because I will buy bitcoin now that the price is down.
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Bitcoin still has a long way to go, hold it for now can be the best option
i've sold some bitcoin fractions exactly 3 years ago and regret for that.
If I will just be the one to decide for my bitcoin, of course I can hold bitcoin for more than three years and I am willing to do it as long as I can really gain if I will do that. And it is already sure that I will really gain a lot if I will keep it for more than three years so why not? Storing the bitcoin for a long time is the common way to earn more than what you think you can gain. |
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Every kind of people can use bitcoin. Because theres a lot of good thing in bitcoin. And lot of people use bitcoin because there is no requirments to it. And no age limit and even bio data or any i.ds. So why people didn't use bitcoin. And i can say that we earn money to it in easy way.
I agree on your opinion. People should use bitcoin so they can earn and will have time freedom, financial freedom and stress-free kind of work. It is not heavy and all you have to do is to follow all the instructions given to you. This is better than working in a corporate company because this work is very light for you and you don't need to go out in your house just to earn money. |
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It seems there are bad news all around with doom and gloom. Trade figures going down, jobs cuts, security situation not going well, and bad loans.
Is the economy situation in your country that dismal? Or this is just some fear mongering?
The economy in our country? Well, I think it is not too bad compared to other third world countries. But it is also not so good because there are still corruption in some area in our country. And I think every country in the world have corruption as a problem and even poverty that always drags us to the bottom. But good thing the president in our country is already trying to solve it. And the good news is that there are already investors who started to invest and build some buildings for business here. It is a good opportunity for us citizens in our country to have many investors so we can have a better job. |
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Only few were lucky because they fear nothing about bitcoin.We read in the news about people who were bitcoin millionaires because they didn't give up even if it faces many up and down.This must be the basis in not fearing about long term investment in btc because its already been proven that btc is changing lives who holds it for longer time.
Yes, it is really possible that it is the reason why they became bitcoin millionaire because they have endurance to continue what they have started even though there are times that they experienced that bitcoin price decreases. In that situation they did not give up and keep on striving hard and trust that bitcoin will just recover from it. And yes, they are right and they are now harvesting everything they sacrificed. |
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What if it was the sacrificed child of your enemy? What if it gave you secret powers? What if it held the key to world domination? Would you do it? Would you eat another person?
No way! I can't eat human no matter if he or she is a sacrificed child of my enemy because humans are not meant for food. Only animals are meant for food and not human beings. If you will eat human beings, you are not normal anymore. You are a cannibal who eats human flesh just to survive from hunger. For me, it's better to die from hunger than to live by eating human flesh. |
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