What will happen if people just stop buying bitcoin? Will bitcoin be as usable as now Or will it be a step towards the end?
How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
All the altcoins value are based on bitcoins so if people will stop buying bitcoins then all the cryptocurrency will also gone as well, as long as there are investors, cryptocurrency will just continue to grow and the future will also be depending on the people if they will be still interested on investing. |
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The bitcoin vs gold debate has raged on in investment circles since bitcoin has entered mainstream discussion among increasingly interested investors. Gold has been used as a form of currency and trade for thousands of years, and certainly has a track record for reliability and preservation of wealth. However, as the newcomer onto the scene, bitcoin may be the kind of financial and technological breakthrough to to challenge gold as the monetary kingpin. Early on in its life cycle, seasoned investors began questioning the legitimacy of bitcoin value and debating how such a commodity could hold intrinsic value. What differentiates bitcoin from a mere collectible and what makes it similar to precious metal assets such as gold or silver? Among many circles, especially gold bugs and older-generation investors, bitcoin was not considered a valid investment up until very recently. Which factors of bitcoin instill this validity of investment? Watch VideoBefore we compare the gold in the bitcoin, The gold is depends on how it is or why it is expensive the price of different gold is not the same so dont compare the gold to bitcoin. They are simmilarities the gold is become more expensive by the date and also bitcoin increase the value when have a longer of time because of so many users of bitcoin in this era. Don't compare things by another things because they are never do the same. |
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It is nice to think about the possibility of becoming the next wealthy elite group of any given society because of bitcoins and I shudder to think about the possibilities should that ever happen to me. For now though, I am just starting and anything that can help me have more to spend on so that I can buy the necessities of life: own house, insirance for my kid, food on the table everyday, paynoff utilities, and spend a little on some frivolities of life, I am all good even if I won't be classified as a wealthy elite. I think the label holds so much pressure on you or security and safety issues that you won't be able to enjoy living freely, and so again, bitcoin is a good opportunity for us wanting to chamge our lives for the better and I'm all up for that even if it's one step at a time.
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No. I do not keep buying. I sell and buy and prime times. I mean Bitcoin was at an all time high a few days ago. But then it dropped a few hundred dollars. I had sold some Bitcoin previously, when the price was higher. Currently, I am buying Bitcoin. I am quite sure there is a going to be a price increase in the near future. Even if there is not, with Bitcoin, you are pretty much guaranteed a price increase in the long - term. So with Bitcoin it is pretty much a no brainer. Just buy Bitcoin and you should be safe in the long-term. That is why I like trading/ investing with Bitcoin and other altcoins. It gives me great profit.
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I was, and I freaking regret it too much because if I just trust bitcoins and believes what it can do for me I am now a millionaire or more. I am going to be rich if I just trust it because the value of bitcoins in that period of time was way too cheaper unlile today which is too expensive. And I do not know that there are slme forum like this before, I thought that bitcoins are just another investion that uses to buy some drugs because it is decentralized. But I do not know that and ordinary people can buy it and it can serves as an investment I should've research about that before.
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As far as I know bank company provides money. I see that crypto currency is an advantage for bank companies because people who work for bitcoin might save for them isn't that advantage? And crypto currency is also a form of money, and money helps someone to grow. So the bottom line is it might be the bank companies would go against bitcoin if there is an issue occur.  |
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Bitcoin 20 years from now hmm well actually as far as i know bitcoin now is really progressive, the price is increase rapidly, there are many users used bitcoin, there are many countries that bitcoin is famoud already, then i have nothing to say now since bitcoin is already a progressive one, or maybe bitcoin 20 years from now it would become really famous and become the most number one cryptocurrency.
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I don't think Bitcoin will end because in this modern age, Bitcoin is the new type of investment where all investors all over the world placed their money to Bitcoin and to other Cryptocurrencies. It will never too late to buy Bitcoin but as of now since the price is high you really need to wait for the price be lowered down a bit. Once the rate it low, that's the time you need to buy. There are uncertainties that will affect the price of Bitcoin but it is impossible to end. For now, you have to read the news about BTC forecast and make a plan
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Confirmation time took too long recently and if this happened too often then I am sure bitcoin will lose some of its fans hence it'll give a chance to other coins to take its position as the leader of all crypto currency. It feels so bad when the price move up and we intend to convert it to fiat but no confirmation after more than 24 hours.
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Bro Investing Online Is always Risky. You have to Take Risk in Order To Make Profits.More the Risks, More the Profits is The Simple Rule of Business. Now Coming to the Point, You can Grow Your Bitcoins By Following Methods:-
1) You can Try Out Investing in Casino Bankroll Where you have Chances of Winning more....
2) You cab Try Out Trading Altcoins Which Will sometimes Double Your Investment But Don't Invest more than You Can't Afford to Lose and Only Do Altcoin Trading If You Full Know About Altcoins.....
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I believe that bitcoin will not end even though there are other cryptocurrencies occuring because some of them are dependent on bitcoin like altcoin and some don't have great qualities that bitcoin has. We can also see that bitcoin's value increases everytime which proves that it is still strong and competitive, and it's getting more popular to people as days goes by.
About your question if its too late to invest? Well, it's never too late to invest. Better invest as soon as possible. But make the best decision and invest when it is the right time.
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All we know that bitcoin is volatile. Its not consistent in its increase. Actually, at first i am not aware what does holding a bitcoin possible benefit. Its like, everytime i have some bitcoin from faucets (before, a long time ago) i withdraw my earnings when i reach the minimum amout, eventhough its just a little amount. But as i join this forum i learn the benefits of holding, and so lucky that i did that. The value of bitcoin today make my holding double. I always check my bitcoin wallet and see the equivalent value now and then, when decrease in value, i feel frustrated, thinking why i did not encash this in this time, etc. Thats what i fear. Lowering its price
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Bitcoin price keeps increasing. Price is x10 considering last year. Even 25k-50k-100k is predicted.
Are you adding more bitcoin by buying with cash? or you trade or invest in ICOs & altcoins in order to increase the amount you have?
or do you just hold what you have?
The price of bitcoin is growing proportional to time because of the growth of its usage and its reputation. The technology behind bitcoin and other crypto currencies is what makes it popular. Choose to buy if you have the money, the potential that this type of investment will double is big, the future of bitcoin is bright. |
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Based on my experiences, we shouldn't wait the correction or crash to buy.
Some of my friends keep on waiting the price to go down, but the price never go down and they never invested in cryptocurrency, then they regret about it.
So if you got spare money, just go and buy now, I expect the price at this time is reasonable to buy.
Actually we cant predict the price tomorrow, so dont predict and settle to wait it, just do and create it.
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I think there are many factors that many people do not believe in bitcoin. the first of its existence, bitcoin exists only in cyberspace and there is no physical form so it is reasonable to question what bitcoin is, and what kind, Then the fluctuating value causes people to hardly believe with bitcoin, because they are hesitant to use bitcoin with the risk of falling prices then make them big losers and do not get the profit as they want. Furthermore, the status of bitcoin itself in a country, because there are still countries that still block the existence of bitcoin in their country, because the government has its own reasons why they block the bitcoin, so people become reluctant and do not believe in bitcoin and its use
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I believe that there’s nothing to worry about in the short term period. But in a long run, I think BTC will lose dominance to other coins, because there are more and more projects evolving everyday which are already offering solid solutions to the problems we are having currently
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There are lots of reason why other people are scared or doesn't believe in bitcoin,
Maybe because it is new to them and they think that the price of 1 bitcoin is too high or too good to be true,
And you shouldn't really force them to invest if they don't want to ,Just think about it what if the price of bitcoin drops down after they invested,
You are the one who is going to be blame for the money that they have lost due to investing in bitcoin.
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In one of my not best of moments; I bought a coin at 600% up thinking it'll still go further up. as soon as I bought the price crashed and started plummeting down. don't know if it's panic but at that moment I started hysterically laughing as I watched my investment go down more than 80% I couldn't sell; I couldn't do anything.
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Do you think ICO is the best way to invest in?
Based on my own experience ICO is indeed one of the best ways to invest. It is really good but the risk is also great. First you must be certain that the ICO that you will enter into is a legitimate one, because there are already scam ICO nowadays. Do your research first before joinIng any ICO, always remember that in cryptocurrency you cannot blame anyone for incorrect decision. It is all up to you so better be prepared in anything that you do. |
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I think yes because ICO promising high profit even 10 times profit in amonth, to make better profit in crypto market you have to try it even any high risk there. Alot of ICO now offer good product and service. But before jump it make sure you have good strategy and money management to reduce the risk and you have to learn the purpose of the project and what problem will be solved, the community and the team founder.
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