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In my opinion banks really dislike the idea of Bitcoin since it takes them out of the equation - if Bitcoin is a regular thing, people won't need to use banks.
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I saw bitcoin first at 2013 when it was around $100. Kind of regretting I didn't buy it then haha
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I'm holding mine at Bittrex, last time it worked fine for me
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I don't believe that it will be the main source of money, but it can be among the top ones.
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Real money exists since ever, I think that in this 50 years it won't replace it, but real money will be replaced at something (if not crypto) because the world's advancement.
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I'm surprised by how fast it's going up, but I'm not surprised but the price - I think it will keep going untill it stabilize (maybe $50k-$100k).
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I'm just investing in coins that I believe in and wait a while. After the price has reached to a point that I feel is enough - I just move them to bitcoin. I'll keep doing this untill I have enough
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Personally I will not be dumping. I agree with others, with these things its always better to wait and see how things pan out. Some people like to dump immediately, now these are the people that need to be extra careful this time around. I would wait 7-14 days before fidling with your bitcoin wallet. I like to take extra precautions. After the bitcoin cash fork people lost a whole lot of money because they were rushing to claim as if the coins will magically disappear.
You're waiting 7-14 days for the price to stable and then decide whether if you're dumping or not? Also, based on what you decide to keep/ or dump it?
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I got mine at Bittrex (got BCC at the last fork there).
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I'll just stick with bitcoin, got to stick with the original one. This doesn't mean the other coins are bad - but bitcoin is my winning horse.
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The high demand might be because more and more people start hearing about bitcoin, personally I've heard quite a lot of people starting to talk about bitcoin (didn't hear anyone talk about bitcoin last year, or before that).
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While I believe it can reach $100k - I don't think it's going to happen in the next 3 years, I think it will take a bit more (hopefully I'm wrong).
$100k sounds amazing (I bet for all of us).
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Yes some altcoins are. But most are not recommend to invest in. Do research on your own to find good investments. I would recommend NEM and Ethereum.
To OP: this is a great example of how worthy is it to invest in alt-coins. Take a look of what ironbit said (ETH). When he sent this message, Ethereum price was $0.895, now it costs $300, you would've made x300. Nothing more to say
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I am asking this because Iam want to earn fast due to lack of money want to earn really bad.
It might be not relevant to the title of the post, but I'll say this for you: please do not invest just because other people told you in what they invested. Take some time to explore and read about the coin - then decide if it's worthy to invest or not.
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Crime exists and dealt with many currencies since ever, it just the question of awarness. How much they talk about it - since we live in a world that everyone hear the news - we know more, and I believe that people hear about these crimes connected with the name bitcoin and it got the stigma of 'crime currency' - nothing more.
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I believe a lot heard about bitcoin this year, but very few of them got involved with crypto (I think). Also, tell them the price is $6k now - I wonder what they'll say
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I don't believe that bitcoin will be a future currency, but I do believe that within the upcoming years more and more countries will start dealing with mobile transactions (like China) and with that - bitcoin will start coming in place more strongly.
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I personally invested around 20% of my savings and will not go above that since it's still at it's "baby-steps".
All I'm gonna say is: invest as how much you can afford to lose.
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I can relate to you on the subject of getting 1000%+ ROI in altcoins in a small period of timeline, but I can't say that I hate bitcoin since I think it's the most stable coin and can generate ROI (even if it's in small steps) and the safest one so far.
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I'm at my 20's and right now I'm saving some for myself, but I'm pretty sure that if it keeps going this way I won't need to save any for my (future) children hopefully. But I like the idea of saving bitcoin for next generation (I wish someone saved some for me).
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