For the moment. Bitcoin is ideal for internet shopping, because transaction time does not play a major role in the overall transaction, as transportation takes long to deliver. If someone tries to use it for over the counter transactions, it’s not suitable. So as Bitcoin evolves and technical issues get solved, then Bitcoin will gain significance. So I expect for it, to be significant in the future.
Exactly, because of this feature of bitcoin it takes place to the whole economy of this industry (online), it gains significance to the people where it leads to the needs of people to continue of the ease transaction and service that bitcoin gives. bitcoin will remain always best. it is highly secure and easy way to transfer coins from one account to the other. with miners who are generating the coins because of them we all take advantage as it is different form of coin and it is unknown to the government and other people so that we can save our money safe and we can utilize it whenever we want with little conversion. |
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As per the current panic situtaion since I am a newbie to bitcoin and already holding loads of bitcoin , Shall i hold it for long .I mean any idea in how much time frame can the price go back to normalcy of 1200$
It is best idea to hold your btc. it happens that sometime we see the loss,unfortunately from few days price is falling down. so my advice to you wait for 2-3 weeks don't sell the coin now, infact this is the time to buy after sometime when the price goes high then plan to sell. but for alteast 3 week don't sell your btc in panic. we have seen up and down in btc but after few days the price will again go high. keep the faith in btc. Hold! Hold! Hold! the price is going low and don't sell it off now. apply simple logic, btc is nothing but a business platform as other business we see profit/less same happens here. we must be patience for some time so that price goes up and we can sell it off. as the people who join new will get confused what if the price will not turn up, don't worry it will go high again and till that make sure to hold the money and then sell. |
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Nowadays its so hard to get 1BTC of Bitcoin. I think the most possible way to earn 1BTC is by freelancing, if you know how to make websites, do graphic designs. This is possible.
This is what I keep on saying especially with those people like OP that doesn't want to invest. Because this amount is truly hard to get if you don't have something to offer or to sell. But if you can do a business like buying and selling of the things that you've got. Probably you can earn this amount if you can have good volume of sales. Yes you cannot earn 1btc or 2 in a month by not doing much. you have to make sure you learn more about btc, once you have good idea about idea then try to trade which is risky but at the same time possibilities are you will earn more. otherwise if you are skilled at animation or gaming or web designing then you can do some freelance project which will give you the best in return. |
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Bitcoin price is recovering every day ! I knew the price will comes back as what it used to be or near it. Pretty sure it will reach the 1200$ mark again. I am currently waiting this so i can sell my bitcoin for shopping  I saw a dress i would like to get for the spring  Although as tempting as it seems to go and sell your bitcoin as soon as the price start going up again, but the wise thing is to just wait, it is predicted that the price is going to spike and go even over $1200 probably to $1500 and then you could consider selling, spring is still at the begging why the rush. But that is juat prediction, we can't really think that is a right thing too but still you can sell it for now and buy it lower than before and if it is true the price going to spike you can just rebuy it and sell it with higher price. I think it will be better thst way. Unless you are going to take some risk and trying to hold till that time although the price will likely go back to 1200 but it is not always going up and there will definitely be down a bit and to maximize profits is the best way to rebuy and selling at a high price In this way also to minimize the risk, anything could happen and bitcoin now touched in $1017 it is not recovering, it is kind of jumping between 950-1100, the price is change is very constant from few days. not sure whats going on and we must get the best advantage from it. to recover it much faster more people should join the btc forum and use the btc, as soon as the volume increase then the value of the btc will also recovery fast than what it is now. |
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Bitcoin is made for the decentralization and altcoins are just made to make use of the conditions created by bitcoin in the economy.Not even a single altcoin could match bitcoin.Bitcoin's value is based upon the trust kept on it by its users and altcoins are just a pump and dump.Bitcoin is pseudo anonymous and some altcoins like monero,zcash claim that they have full anonymity.Bitcoin adoption is increasing and we cant even find an altcoin which is accepted for any stuff.
Yes, I also think that no alternative coin will be on par with bitcoin. Many people know about bitcoin and trust it. And altcoins are created every day. And die too every day Yes bitcoin is far better than other coins. it is safe, easy to transfer or received, best investment tool and best valued when we sell. what i like more about btc is it works as same as money to you. it is decentralized which is a very good thing that will happen to the money. because we dont have to pay tax for it and we can use it for the daily purpose. for sure after 1 or 2 years it will become much more popular than what it is now. |
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Give me an opportunity to be a part of this campaign.
Username : sandor111
Number of posts : 882
Rank : Sr. Member
Bitcoin Address : 15C8uDJ7b4xnyRakbpSzyXon18HWtmLDzj
I hope i will be accepted.
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yes it's true that btc has no competition now but can't say same for future.
Also, ETH is currently doing good so there's a chance that it might be a good competition for bitcoin.
Yes at the moment some people has spread the panic about the downfall of bitcoin which is not true and also similarly they have created hype about the ETH. Bitcoin indeed has good competition but other crypto coins but they have not yet achieved the level and recognition where bitcoin has already reached. |
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Is there any great news about ETH my friend? I need to convert my btc before its too late... Yesterday was ok
As far as i have done my research and the information from some experts ETH will crash soon so it's better to be with bitcoin rather than ending up on losing end in both bitcoin as well as ETH. |
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Eth has been gaining potential as a better investment than bitcoin with its increased value and reaching close to $60. At the same the investment guides suggest it as an temporary surge. High risk involved as well the profiting is on one's one ability to predict the price move.
Yes indeed this ETH surge is just temporarily so i u\would recommend bitcoin user not to sell bitcoin when the price is less as many are shifting their funds from bitcoin to ETH without realizing that the surge in ETH is temporary just like the price drop in bitcoin. |
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It is obvious that funds were replaced from bitcoin into eth and dash I think people are realizing that they can use other alternatives to bitcoin as well and they have somewhat the same potentials.
Yes i agree with you that the funds have been moved from bitcoin to other crypto coins like altcoins and Eth but i don't think they will be as equivalent as bitcoin and have the same potential as bitcoins because most the people might have heard about the ETH only in last 3 days since the surge the value and decline in the price of bitcoin. Bitcoin will be stable in sometime but other crypto coins might just crash. |
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Price of bitcoin is serious matter for me as its going low I have to work more and if its going up then I have some good time for selling most of investors need to have some good profit just because of this they also have eye of this and its price is very serious matter for them
Yes bitcoin is serious matter for most of us and I would suggest you to wait for few more days and you will notice the rise in the value of bitcoin as we are already aware that this price dump is only permanent thing and bitcoin will recover and come back stronger just like it has proved in the past i would request you not to sell the bitcoin now at less price. |
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Ofcourse risky. Will you satisfy if btc goes up till 10k usd? How long do u think it ll take? Which one is better? Climbing from 1k usd to 10k usd in 5 years or climbing from 10 usd to 100 usd in 3 months? Check main altcoins dash xmr eth etc. they seems better with similar risk factor. Isnt it?
I think if you do further research about bitcoin you will be aware and you will understand as this is not the first time that the price has dropped but in couple of weeks bitcoin will recover and you will see a price pump as well so it's not best thing to compare altcoins and Eth with bitcoinbecause they might just crash anytime. |
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I'll suggest Trading with your Bitcoin or investing in Altcoin. People suggest Gambling alot, I havent given it a try though
Other Suggestions..
INVEST IN:
1.Competitive gaming
2.Gambling
3.Betting Predictions
4.Merchant Sales
trading is better than others. you can minimize the risks. in addition, it is also an investment that you can control, and I'm sure, when you're proficient in controlling it, you might be able to grow bitcoin do you have in a short time. The high-risk level of the gambling always becomes the main concern for the everyone, because I need to mark this word, we can lose our money just on single click on our mouse, that makes the people interested in using trade to grow his amount. Gambling is suitable only for those who are willing to take higher level of risk and also have good bankroll and with small bankroll if you are hoping that you will be lucky and hit the jackpot then that will never happen as majority of times you will loose your money which may also lead to bankruptcy so trading is better choice in compare to gambling for sure. Bankroll is not suitable for those people are having a little amount to invest on the bankroll and I think according to the various aspect and trading is better rather than bankroll or gambling. You're the owner of your amount and you can manage your risk. I agree with your statement as bank roll will not be be suitable for small capital and the best thing will be trading because when it comes to trading we can manage the fund as per our knowledge and where to invest and we will have the entire control over our money. |
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Bitcoin is the future of money, or so they say.
I would like to hear your opinions on Why should people use Bitcoin?
Because its easy to use and can be used to earn money because it can be exchanged to fiat. Can also be used in buying things and goods online. Yes because you have control over bitcoin unless like fiat which is controlled by government and you will not be taxed for bitcoin and the transactions are really simple and secure as well. |
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We don't know how things gonna get changed in future. I think in 20 years time we could be experiencing a good price increase along with the increased competence. Because now itself the altcoins are giving strong competence to bitcoin in technology as well usage.
Yes alt coins are giving a tough competition to bitcoin especially after the price pump of ETH and DASH in last 24 hours but there is a long way to go to reach anywhere near to bitcoin and i think in 20 years i think bitcoin will be used and accepted in each and every store and used just like credit or debit cards and we already have bitcoin debit card out now. |
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I choose bitcoin because of the things that im assure that it can help me with first thing that bitcoin do with my life is bitcoin is helping me to get i want in life first that i go back to school and because of bitcoin i always paid my tuition fee second is bitcoin is easy to use where you don't need to sign up anything or send any documents just to prove any of identification it will hide you third one is easy to make transaction send payment anywhere from the world
It is so good to see that bitcoin help to change the life of every individual like what you have, you use choose to use bitcoin to support you in what you want in life but most importantly is in your schooling. Really happy to see the real benefits of the bitcoin and how it has changed life of many people and bitcoin has made many people ultra rich out of nothing. In future once we gain more stability i am sure bitcoin will rule the digital currency world as the transactions are really wasy to use and can send and receive money easily form any point of world using bitcoin. |
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There has not been a country that officially approved the use of bitcoin, the main factor because they are still using fiat money for all transactions. Bitcoin will never replace a fiat money because bitcoin is decentralized and could not be in control.
Well there are already countries that recognizes and is in approval of btc. I've read that the philippine central bank already does this. Though i agree with you on the part that btc won't ever replace fiat. Possible even that without fiat bitcoin wouldn't survive. That is at thia point but i don't think there would be a scenario where in it would have to be a choice between the two. We can work better with both anyways i do not think that there is any single country where the government has consider bitcoin as legal currency. i think still some countries are thinking about it but still they do not consider bitcoin as legal currency. No they don't. I know the Philippines and I have never seen a single store that accepts Bitcoin which proves the point that it cannot replace Fiat currency. The government plays a big factor to it on the decisions of businesses because they are the ones who can identify Bitcoin if it is illegal or not. It can really affects the companiws decision for making Bitcoin as a payment option. Yes bitcoin will not replace fiat currency as it cannot be controlled by government but still bitcoin is still used in almost all the countries as an alternative to the fiat and i am sure no government will declare bitcoin as national currency but it will continue to be an alternative and growing every single day. |
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There are plenty holders who sold their coins that why the price of bitcoin down price fall that fast but do not worry it is a part of bitcoin there will be dump happen but im sure by the end of the month bitcoin price will rise again.
Yes even i feel the same these price dump is just temporarily as we have seen many of this kind of price dumps in the past but at the end bitcoin will regain its value with a price pump just like how it happened last year. |
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Is it wise to buy in bitcoins now at a so high price($1171)?
Do you think it is going to rise a new high level?
Buy Buy Buy - $2000 buy mid year Still lots of room to get to my $2,000 level! Hasn't really changed much from $1171 though too  Yes it will reach $2000 soon and try to buy as much bitcoin as you can because now most of the panic stricken user will sell their bitcoin for lesser price and if we buy it now then it will prove useful for us in future. |
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I should choose bitcoin because of its easy access, less hassle in terms of transactions by paying bills online and buying some stuffs online through bitcoin. I like the most why I choose bitcoin because whenever I want to go I can easily access my account. However, the best of is earnings when I learn bitcoin.
Yes there are much more about bitcoin because if we save fiat currency we end up paying tax for that but bitcoin is non taxable and also at the same time bitcoin's value increases and now the value of bitcoin is almost three time more than what it was before 18 months so bitcoin is like a boon for us and as you said there are some very good signature campaigns who pays us while we learn. |
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