I think they hold it maybe for the reason they wanted to save it for their future..and also they are waiting for the perfect time for trading or selling it.   I agree, because not all who holds bitcoin are greedy. They are just wise. Being wise and greedy is different thing. Because for me, people who are wise enough in life they are the once who can be rich in the future and greedy people are the once who just lose their money in the future. |
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You can encash your bitcoin anytime you want but of course it will converted automatically in fiat in which country where you are it converted automatically in your money. Here in our country it is automatically converted into fiat whenever I encash it.
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This news is true and this have been featured in news and articles a lot of times a month ago. If I'm not mistaken Zimbabwe only have one Bitcoin exchange called Golix and the reason why Bitcoin price is skyrocketing in Zimbabwe is because they are currently dealing with an economic crisis while the number of demand of Bitcoin inside their country keeps increasing driving the local exchange rates far above the global average but the trading volume is low. Now they have the most expensive Bitcoin in the world.
If that is really true then are there any possibilities that our bitcoin price can also reach that high? Well, I think it is possible, I guess this is one of the reasons why our bitcoin price increase that high! Maybe next year we can also reach up to $12k bitcoin price. |
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People who holds bitcoin is wise and not being greedy, they are just wiser enough to think that their bitcoin can grow more in the future, I don't think that it is wrong to think if of that way since we all know that we can gain profit by holding our bitcoin for a long time.
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There are not enough options by using BTC right now..
I hope it will improve someday.
I am using my bitcoin when I am already out of budget. I encash it in the bank they converted it automatically into fiat so it is easy for me to spent when I need something to buy or to pay. It is easy to use if you already know techniques on using it. But it is better if we just hold it for long time. But I just can't help it since I really need it badly so I need to encash most of it. |
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In my opinion many investors open their doors in bitcoin. They invested some of their capital in it especially to those business men. Even small investors are big help to make bitcoin price increases. It is very indemand nowadays since bitcoin started to more popularize itself.
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 I hold this bitcoins since last 1 month and from $1500 came to this! Bitcoin price is growing really crazy fast! Everyday I wake up in the morning and see that hundreds of dollars has been increased. Bitcoin and Bitcoin World is growing faster than ever in any currencies in the World.  Million Dollar BitcoinThat's true, increased really crazy fast. I really love how bitcoin continue to increase at the moment. I hope it will not fall down again for up to $5000. But when it happens, well I will buy some bitcoin in a low price and wait for it to increase again but for so many investors that coming into bitcoin I think that's why bitcoin price continue to increase. |
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Digital currency is currently the new trend. Do you think this will replace the monetary in no time soon? like in nearly 5 years from now?
Nope, I don't think it will happen soon, because bitcoin price or any altcoins are unpredictable so it is hard to use digital currency everywhere, like in supermarket, paying bills, or buying in a small stores. Digital currency at the same time with fiat in our country is good to have. |
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Yeah, there are a lot of scammers here, even here in forum and they are also indenial for it even if they are already caught on the spot. So, be careful on what you are joining.
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Airdrop like rain, scattered everywhere.
everyone is hunting coins, hard to predict.
I always sell it right away, it is the best way to earn money quickly. there is no reason to hold a coin that has no future.
I don't think that a lot of Airdrops has no future. Maybe also depend on how they market their coin, just like some altcoins, (Ethereum, litecoin or dogecoin) it is not bad ti hold them also but it is up to us of course if we really need to sell it right away. |
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If you want to invest you can start with small amount. 2017 I think is not a bad year to start since I think it is the start of something new in bitcoin because this year a lot of investor now are putting their money in bitcoin. I suggest to buy and hold first to know first how bitcoin price is too unpredictable but still continue to increase.
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Bitcoin already reach $7500 price, it is now at the average of that amount. We already have all time highest price of bitcoin again. This year, bitcoin price is just $3000, but now it increase so fast up to $7500 so what do you think if that guys? I think if I just hold all my bitcoin before. Maybe I've already have $1950. So I am deciding to hold my bitcoin now. So there is no regret feelings in the future.
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It is not hard to buy bitcoin in our country. Using our wallet we can buy some bitcoin. But I don't have enough money to buy 1 bitcoin, i just have . 011 btc right now and I am planning to add more so I can gain in a long run.
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the biggest risk to hold coin is putting your all fund in a wrong coin. theres have a coin that in the first place the price is ok but in the other day the price of this is became priceless...sso its better to search and review your coin before invest and hold..
In my opinion, there is no such risk if you are holding your bitcoins for long time until and unless you have bad habit of getting panic at the time when the prices are falling down. If you are patient and you think you can control your nerves well, then there is nothing bad in holding your bitcoins for long period of time. In fact, this will add much more money in your account than any other thing. I agree, holding bitcoin is the best way to earn in long run and holding bitcoin is tge safest way than other things right now. If you don't want to take risk, buying bitcoin and holding, only has small risk. It is up to us if we don't have a lot of patient. |
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woah woah! Bitcoin be too big to fail why for me it is not fail for me and it is very helpful for me my friend and here in my country there are many users now. such as no work or unemployed . its not a big fail for creating it because many country can help of this forum .and i'm heading to my future to my better life that I want for my parents.
You have a good dream for your future, but of course it is better to have some other source of income not just only to make bitcoin so that if the time comes bitcoin will be too big to fail as like what title say. You will have another option for you to have another income. But ofcourse bitcoin has already a good amount right now so maybe bitcoin will last long. |
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Buy and hold is what I do right now, since I don't have any ability to do trading. Sometimes gambling is just for my extra activity when got bored, just to make me wake up when I am sleepy already. 😂 lol. I guess buy and hold for me has small risk.
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Im thinking that bitcoin will not correct its price anymore even if there is an upcoming bitcoin hardfork (segwit 2x)
Just look at the price. bitcoin make another high.
Maybe next year bitcoin price will go down to correct its price and alt coins will rise again.
What do you mean bitcoin will correct its price? Is the price of bitcoin now is wrong? Hahaha! Bitcoin is unpredictable and bitcoin has not exact amount so what are you saying abouy that bitcoin price will go down to correct its price? There is no such thing about the correct price of bitcoin. |
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money may buy happiness but whatever happiness it buys you, that happiness can never be compared to that which comes from within us. After all there are poor people who are happier than the rich.
I don't think so, a lot of poor people are doing bad things just to have money, is that happier? They don't have enough money to buy foods so what is the happy thing about it? Money can really buy happiness, but it cannot buy love. Do you believe that rich people who have a lot of money are happy? But there are people who are poor but happy? So I can say that money can not be bought for happiness, you can be happy with your family and your friends. Hahahha funny, try to answer this question. If you have a new cellphone with a good specs or latest cellphone would you be not happy about that? If you have a new car or house, would you not be happy for that? So money can really buy happiness.. Money cannot buy LOVE just like what I've said earlier. Our family and friends is one for our love ones so maybe you understand now my point. |
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As per we can see the interest in bitcoin of people is increasing at a high rate...I believe it will be our future...but will the shoppingsites like flipkar,amazon be able to accept bitcoins?
may be in the next generation.......thanz fr reading
Yes, for sure many online shops will accept bitcoin for payment in the near future. It is not impossible since some shopping site open their door already for bitcoin. I guess after 3-5years bitcoin will consider as payment in stores. |
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Absolutely not. Even from the picture wasn't. I am more accustomed to losing than winning. Therefore, i became bored to gambling and my activities to gambing, are diminishing.
Hahahah! That's true, losing is boring and that is not exciting. Not all gamblers got excited when losing. LOL. I think if we know ourselves more, we can handle every situation we can ever have in gambling and even if in other things not just only in gambling. I am also not a gambling expert. For me, there is really no gambling expert because for me gambling is really base on luck. |
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