I think it is definitely wiser to invest it. If you just hold your savings, then you still have a risk of say, a bank run, or the currency itself depreciating in value. You can however hedge against that with smart investment choices. This is why investors, but not savers, are the richest people in the world. Also, investing means that you are helping other people to get their projects started. It's a win-win situation, if you pick the right investments to aim at.
Investing is always the better option since with saving alone you won't come anywhere with interest rates being on an all time low. On top of that you also face the issue of fiat losing value. But you have to know where to invest. If you look at how people here seem to invest, then I can't really call it investing since it has more similarities with gambling. Aside from that, the majority of the people don't really care whether their investment in a certain project or start-up helps them our or not. They just care about the potential returns. Investment involves risk and people who are investing their money are well aware about it but those are the people who believe in results and for that even if they have to take risk they will go for it as if investment goes in their favor then it will give them huge profits in future which is never possible with savings. |
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Look like this is so unlikely because even though Bitcoin has had some growth in the past few years from 2013 to 2016, adoption hasn't been growing at such a crazy rate. Maybe when more places start to accept it and it is easily convertable from FIAT.... don't see that soon
Bitcoin adoption should not be at a crazy rate, because in reality little by little bitcoin began to be used and adopted by some people. So in 2022 I'm sure almost everyone or the majority of people will be using bitcoin, although that's not all. Bitcoin will be an excellent alternative in 2022. I doubt if bitcoin would reach that place by 2022 if the adoption rate stays where it is right now, because it is adoption that makes bitcoin to be used by more people in the world, so without any crazy rate of adoption it is not possible to reach all the world by that time i guess. Adoption will surely go higher in next 6 years but that doesn't mean that it will be used by almost everyone as even at that stage there will be many people who will prefer to use fiat money and traditional banking system as they may find risk in investing their money into it even if it gets on the mainstream. |
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The future of the bitcoin is good but not so good that paper money will disappear a bit but not fully in my eyes.
Maybe in the future this will happen, everything will be digital.
nope I do not agree, although in the future will all be very sophisticated but I think that cash will always be there, people will definitely need the cash no matter what happens People may always need paper money but that point is how much they will be using for their routine life. Almost nobody is using paper money in my office as we are having other facility to pay all of our needs. Yes, we can able to buy food with electronic money and we are able to pay the taxi driver with some in build their service specific electronic money. Paper money is just for the people who are yet to adopt electronic gadgets. I agree with you, of course people will always need paper money but probably will not be too frequent, perhaps when they run out of balance they may be using paper money temporarily You can tell it based on experience. In my experience, I have never end a day without spending my paper money, so that explains a lot. Although I want to spend my bitcoins but it's limited online and my needs can be found in the physical world. I have no choice but to use paper money and I guess many people do. Exactly, at this stage we don't have any other choice but to use paper money as the usage of bitcoins is very limited at a moment specially in physical world as there are not many places where we can spend our bitcoins and for that we need to convert them to fiat first and the same thing will be followed in future too. What we need to do now is to make use of the two, paper money is more dominant but it's only a currency and it will not increase its value in the future but will depreciate due to inflation. Bitcoin increases its value in the future so we have to invest with bitcoin but still use paper money to spend. Bitcoin is the only currency that can grow over a period of time which is not possible with paper money but due to the limited usage of bitcoins we will always need paper money to take care of our purchases and I don't think that bitcoins has that power to replace paper money in future. |
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it depends...
When i offer 20000 satoshi daily i offer 20000 satoshi daily if the bitcoin price is high or low...
in this situation the price of bitcoin does not matter.
A satoshi is a satoshi that is true but bitcoin does not exist in a vacuum bitcoin is exchanged to other currencies all the time and the value that people are willing to exchange their fiat for bitcoin is very important in almost any trade. I think one of the reasons why people sell their bitcoin, and bitcoin reason why people buy is because of the price, they think the price will make them a profit, the price will always be important In the general people does cara about the value of bitcoin, the traders and investors does care about those, sure if someone make a prize of 1 btc and its worthing 700, and if the same person makes the same prize and now bitcoin worthing 1000 dollars it will be a huge difference, even with the reward be the same at bitcoin. I do care actually, I believe that when the price is high bitcoin is more valuable. The price is the representation of the value of bitcoin so definitely it is very important and it matters to us. If this bitcoin has no value, I would not use this and I am sure others will not use it also. That's right its only the price that attract people towards using it or investing their money into it and if price goes to lower level in future then many people will stop using and will switch to some other investments and we will buy or sell our coins only looking at its price so it really matters to all the bitcoin users. |
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For people who are related to online banking/crypto world..this news is of no much big worry..Buy normal people who have day to day cash transaction are highly affected
I don't think it will affect normal people who transactions are low and unless they are not dealing with black money, the people who will be mostly affected will be politicians themselves who have high volume of physical cash with them as most of them are involved in illegal activities. |
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there are some site that offer doubling bitcoin by trading that doing by bot. The bot will automaticaly buy bitcoin in cheap price than automaticaly sell bitcoin in higher price. We can profit four days letter and the profit is 2x. We Will get 100% profit. But We have to looking for the credible site, becouse there are some of the investment was turned into a scam.
If there really was a bot like that which could turn 1 bitcoin into 2 in just four days then there would not have been any other methods of earning bitcoins as everyone would have been doing that, trading is surely profitable if done by an individual but i don't believe those bot things for this as they will just eat up your money and you will get nothing in return. Yeah and its better not to depend on someone else to double our bitcoins as in long run they will surely disappear with our funds, comparatively trading is much better choice to multiply bitcoins and if you can manage to buy and sell them at the right time then it will bring good profits for you for sure. |
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In my opinion gambling is for some lazy lucky guys who don't want to use his senses to be able to earn or grow his bitcoin. He only depends on his luck and click his way out to earn more. I would say gambling is not recommended to those who suck when it comes to lucky chance. I am agains it to use as a medium to grow your BTC because of the huge possibility of you losing all your investment in gambling.
It is true that a serious minded person will always seeks for a tangible means for earning a eaving instead of gambling their hard earned money and waiting to get uck from others that might loose their own stake in the gamble. A better way of earning is actually when your provide goods or services in exchange for money, in this regard, both the buyer and sellers would be happy at the end of the transaction. No doubt, gambling is not a source of income where you invest and get profit all time, It is totally risky, I think gambling one of the most risky way, where you invest your money, and no guarantee is here, Even you have a lot of experience of gambling. More than other earning ways are here to grow the bitcoins, only need knowledge and hard working, If we adopt both things than no one can say that i can't grow my bitcoins. That's true, when one has the hard working mentality automatically he moves on to get more and more knowledge which sure paves path for success. At the same time even with knowledge and hard work one needs little bit of luck, else he can make living similar to a common man. So as in gambling luck plays role everywhere, and we can't completely deny that gambling is not at all good to grow our bitcoin though it has got highest risk of losing. If you are really lucky then you will manage to win once or twice but you cannot expect that you will be winning all the time and making money from it every time and if you are depending only on gambling to grow your coins or to earn money then you are definitely putting yourself in a big trouble. It will only be a problem when you have proven that you have no chance of growing your money in gambling. Most of us think that gambling is easy but only few will succeed as per observation. If you will ask me, I would rather choose a safer way to grow my bitcoins but definitely it's not gambling. Yup trading is the worst way to think of growing your coins as it will be controlled only by luck factor and you cannot do anything with it, for me the best way to grow my coins is through trading no doubt it can also bring loss for me if I make a wrong move but there is always an chance to recover your loss which is missing in gambling. |
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Usually I gamble very little and its only a fun for me, so I prefer to gamble with small bet amounts but with high odds, and few times even I have won with that strategy but its not possible to win every time but its good for fun and even if I loose it won't make much difference as the bets are too low.
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After seeing last 2 / 3 days price of bitcoin raising who ever have gone for holding bitcoins in wallet will never regret now, as the price will increase more and bitcoin is itself considered as a investment option.
already end, the pumping trend are gone, this time for keeping your amount again and totally I was believed the trend of bitcoin pumping are coming in some weeks later. for you know this is the best timing for investing, bitcoin strong and choose your favourite alt and if alt get a strong and buy your bitcoin. I don't know if BTC price will increase very fast in a short time period again soon, but hold bitcoins is still a good deal. Sooner or later the price will rise again, as we are seeing since this currency was created. In my opinion it's a good way to earn money and safe also. Yeah, it is good way to make money but at times keeping the bitcoin for very long time might not be a good ea, instead you buy at available lower price and sell it at possible higher price and keeping repeating the process for long haul, you will see your money grow like never before. For doing so, you never need to be a perfect trader, passive participation in trading is more than enough. If you are holding a small amount then it won't be a profitable decision, making profits from holding is a good option only if you are holding a huge amount of coins and if not then its better to keep them use in trading where you can grow your bitcoins and at the same time you will be making some profits too. Well the fact is you can still earn some profits since your money is being multiplied by just holding your coin for certain matters although its small but its good enough since your not doing anything to make it grow, we can't dictate people on how much they want to hold since not all of people stakings bitcoin here are rich enough to buy huge volumes of bitcoins, and maybe others are doing some test hold to see if they can get some little profit by this doing. Holding is the safest way to make profits in long run, holding can be only risky if price drops in the future but looking at the development of bitcoins I don't think that price will fall so if you don't want to take any risk with your bitcoins by investing them anywhere, its better to hold them and sell when price goes higher. |
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One Hundred Dollar bitcoin for now seems to impossible since it continues to rise as years pass by. It might not be possible unless bitcoin will die. If it were to die, it will came back to 1$ or even less but it dying won't happen soon in my opinion. Instead of waiting for that, earn free Bitcoin now while you can since it's future value might be good so hoard and save bitcoin now for the future.
Well you are right about that i guess theres no big problem that will create any downfall bringing btc price to 100$ but one thing is for sure just by looking on it seeing more and more progress that keeps happening much prefer to say that its getting near to 1k$. What I see is that when the price of bitcoin will rise it means that it is progressive and good development is happening and when the price fall back it's the opposite thing that is happening, so basically there's a big problem with it and to think that the current price now is $700+ and will fall back to $100. It's a big downfall already that might cause panic selling and bitcoin might lose the trust and confidence of the people. what fall is that, you are not making any sense! if you take a look at a price chart starting from 2009 and zoom to a level that it shows all the prices from that time until today you can clearly see that "apart from the MtGox fake pump to $1100" bitcoin price has only been rising with no fall whatsoever. and this is because of the adoption, development is also happening in the meantime but it is mainly because of more people starting to use bitcoin or invest in it. Exactly, price has started to rise only because now people genuinely feels that bitcoin is an best investment to make and it will give them good profits in long term and for the same reason they have started to put their money into it so now there is no scope for the fake pump and price is rising only because people have show their trust into bitcoins. |
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Zimbabwe vs Sri Lanka, this test match entered into interesting phase Sri Lanka gave target of 412 runs and it have the whole day to get all out and on other side Zimbabwe has chance to save this match just to stay on the crease there so that I think Sri Lanka has chance to win this match.
If Zimbabwe dont lose their wicket till 100 runs then we can see the odd of Sri lanka going up, but still i think it will go draw . Pakistan are going strong with leading it but still they have to score above 250+ lead then only their will be chances of winning this test match. Match would become more interesting if WI manages to grab quick wickets after the lunch as in this match Pakistan is on back foot and if Pakistan looses wickets then there is a good chance for WI to come back into the game and definitely we will be witnessing a result from this game and I don't think it will lead to a draw. |
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The op must be kidding. Although i know it gonna happen. But thats too soon. For me, i expect atleast thousand a piece is good. $3000 a piece is too much. Anyway i respect the op's speculation of the price. But i think this is not gonna happen. Maybe in a year or a couple.
Being a users of bitcoins we should be positive about bitcoins but at the same time we need to be realistic too, bitcoin has an ability to touch the price of $3k in future but not at this stage and to see that price I think we need to wait for a long time and looking at current price movement we can expect the price of $1k by the end of the year. |
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Btctalk name - to1ga
Rank - Senior Member
Current Posts - 377
Btc Address - 1G4AHtHmJpxbcLxMv5mz8yAuCxZnAygEK9
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Its always better to invest money instead of saving. In saving, your money remains idle and doesnot grow. But when you invest your money, it grows and yields you profit.Investing in gold is an old method. Nowadays, people invest in crypto currencies especially Bitcoins to gain more profits.
Invest contains many risks which can make your all bitcoin blow away. You must a wise person who has a good vision of the economic system so that you can easily earn money from investing. Many investors lose their money because they do not have enough knowledge about investing but i think if a person has not knowledge about investment then he has the best option to invest in bitcoin, as it is one of the most safest investment, where your can grow the value of your invested money only by holding i. What? A person who has not knowledge in investment the best option would be bitcoin? I guess that is not applicable, because as long as there is investment and money involve a person must know first and learn on how he is going to take things seriously with it. And if doesn't have knowledge in investment then it is better if he will just save his money. Yeah, if you intend to save in fiat, then there is no going to be any profit in return but if you chose to invest in fiat then you must have sound knowledge of investment else you may lose your entire savings. So, the best is bitcoin, just buying and keeping bitcoin without doing any thing to it is also an investment because the price will continue to increase there by making you good profit. There is no guarantee that price will go higher in future it may go down to minimum too and its not smart to invest all our money only in bitcoins as if bitcoin disappears in future then we will be loosing all our money in one shot so to reduce the risks its always good to diversify your investments. |
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Getting rich is not easy it needs a lot of hardwork. .and you need to scaleup your money inorder to increase your money and multiply it if you start a new business online.. to become rich you need also patience so that while you are saving and save more you can be rich in the future..
yeah and it would be a bit harder if you're trying to get rich with bitcoin. There are many ways to earn, like trading and signatures but it would take time and the earnings would not be that big to consider yourself being rich unless you put in a huge capital and invest to wait for your money to grow You will not get rich with bitcoins if you are depending on signature campaign as the payouts are very limited and we don't know how long signature campaign will survive and you can get rich with trading only if you have higher capital to invest which will give you higher profits at the end of the day. |
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I earn about $2500 at my place and I am not at all happy with that much during a year as expenses are high.
Bitcoin sometimes help me out in maintaining the budget so that me and my family survive.
I think $2500 is a good income to have but it will also depend on which country you are living in, if you are residing in first world country then it may not be sufficient for living as cost of living is high but I think its more then sufficient if you are living in third world countries. |
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As u can see many country's banks are adopting bitcoins in their transactions and I really feel banks will go down some day with just an app and websites.
Which is almost there already..
We cannot expect that each and every bank from different countries will start accepting bitcoins in future as Governments of certain countries will surely oppose bitcoins and won't support them as it can be a threat to their financial system and in that case banks will always keep on operating. |
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Price is rising at a moment which clearly indicates that bitcoin is not dead yet and nor it will die in coming years, in fact price will keep on going higher in future when adoption will go higher and I think bitcoin is here to survive in long term and won't disappear so easily.
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bitcoin has afftected my life a lot not only positively but also negetively.thats because there was a time when i use to walk run and even jump like a monkey with friends and all the outdoor stuffs but after getting involve in this bitcoin thing i am spending most of my time either coding or learning new programming languages or earnin btcs for somewhere . should i lower spending my time in internet or not and is there anyone who is facing this type of addiction here
Bitcoin does really affect my life not on earning opportunity but on the benefits that it gives like fast money transfer with less fee and online transaction. Even if im new here on this bitcoin world but i do appreciate more the usefulness of bitcoin to me and all of its users. yes and i think it also effect our life in making money, as it can give use good profit for only holding it for some time and when the price goes up, it really give good profit to people in different ways. As long as you are benefiting in bitcoins and you have a chance of earning some decent amount then bitcoin is already affecting your life a lot. And this is what bitcoin doing to me, with just small fluctuations I am becoming more affected and sad when the price is decreasing, but when the price is increasing then I am not that affected and sad because it is on my favor since I am holding some bitcoins. Price ups and downs will always be a part of bitcoins, so even if the price drops we should not get panic and we should keep on holding our coins as price there is a full possibility that price will rise in future and bitcoin is helping us to earn extra money so it really affects our lives positively. |
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