Yes Bitcoin is like a long term investment and have proven to give very very good returns in long term and more profitable than gold.
In 2009 you could buy lots of Bitcoin for $1 and in 2013 price was above 1000$ for one Bitcoin only.
Yes I agree with that, but to tell you honestly if you are just aiming for getting richer and richer you dont have work hard. Well my idea of being successful is when you become profitable you reward yourself as way of showing kindness to yourself, I dont get the idea why people keep saying dont ever sell your Bitcoin, when is the right time? I think the urge to become richer is not good already, using bitcoin is not only for the sake of yourself I think, you can be able to help the community as well as if you used your Bitcoin you can sponsor some charities which is very helpful. If I want to donate some charities, I do not think I will spend my Bitcoin for it. Remember, the transaction fees and the current network of Bitcoin are not reasonable to create transaction for this case. You will need to spend more than $100 to confirm your transaction sooner than other transactions. |
|
|
|
freedom: hip hip hooray!  The most awesome aspect of bitcoin though is that you can work hard to be self sufficient. What I'm referring to is BTC mining. BTC is so cool because you are able to do it right from home, and make a comfortable living doing so! At http://lsm-labs.com you can get your own mining rig. The prices have dropped tremendously on the units making it affordable for a VC or even small enterprise to get into the game now. ROI is huge as the price of bitcoin is only going to skyrocket in the next few years. Yes, bitcoin is freedom to all of us. because everybody can join this investment..they can freely express thier own ideas and thought. No, you are mistaken. It is not the freedom in Bitcoin and cryptocurrency. You have to know No one bans you discuss about financial and monetary, it is your freedom and you do not need to care anyone know your funds in cryptocurrency, because all things are private 100% unless you gave someone knows your address. |
|
|
|
What are the reasons, why people use Cash or Credit Cards / ATM / Banks?
* Work offline 100%
* No fees.
* Accepted for Food Shopping & Micropayments
* 0 confermations time
* 0 exchange risks
* anyone is able to understanding of the value of payment
Cash can be used anytime, anywhere and anything you want. You do not need internet, everything just to use cash. It is in your hands and can be access anytime you want. really we can use cash in anytime when we go to the shopping center then we buy everything very easily just we pay the cash and adapt the things and also right without internet we can buy everything. The price of Bitcoin can be better than Cash, but, do you think the value is useful for the growth of currency? In my opinion, the ability of currency for using is more important than the value of currency. Use money anywhere and anytime and instant payment is the best function for currency. |
|
|
|
Actually criminality already exist since long time ago. But I can not deny that some people also use bitcoin for criminality. They can use bitcoin in black markets for buying drugs or other criminal activities. I even ever heard that some people post video which contain criminality on social media so many people see and share their video and they can get more coin. I wonder why. It depends on us in using bitcoin. It could be two ways, positively and negatively.
Well, it's evident that exists because there are a lot of things that happened in the past that have cost specific events to happen now. I have noticed that like you said in social media, there are current Ponzi schemes that are getting promoted to scam people. Ponzi happens every day, everywhere. In cryptocurrency market, not hard to see the ponzi project or even, ponzi group trade, buy/sell altcoin. The forms of ponzi is also changed a lot since the price cryptocurrency market became famous in finance world. Pump/dump groups and ICO lending are two forms I knew until today in this year. |
|
|
|
For me, digital currencies will never replace paper currencies. Our local currencies have been the foundation of every country and I think if it will be removed, how then will a country determine its own progress in its industry? Because of paper currencies, digital currencies have value to us.
You are mistaken, paper currency only has value because the government says it does, we have seen time and time again what happens when people no longer trust their government, they will begin to use the currency of other countries to try to escape inflation, so nothing will happen if governments can not print currency anymore. Use other currencies from other countries do not help the world's economy solve this problem. We need to have a better solution and as you said, stop print more amount of currency is the best choice to solve this problem. However, do the government accept it? |
|
|
|
as far as my knowledge goes, most of altcoins are not built using btc at its foundation. Hence, it is kind of independent towards how btc turns in the future. On the other hand, not all the altcoins are turned to btc, maybe most of it but not all, so there are still some left which are exchanged to other form of altcoins.
It has nothing to do with how they are built. Bitcoin is the mother and if mother is sick then all the children are sad. As you can see today's market, just because btc dropped, all the others followed. No, the cryptocurrency do not keep this trend for long time, it depends on the cycle and the demand of trader. Ethereum, Monero, Ripple or other altcoin can still keep high price in the Bitcoin rates. Although the value in USD rates decreased some percents, but in Bitcoin rates still higher than last week. |
|
|
|
Ive been wrong that i withdraw all my earnings on trading ..
i learned that ..must have patience in holding then exchanging it times 10 from the day I bought my alts..
hmm .. too bad for me now bitcoins is still aiming high ..
You already know the idea behind getting huge returns on your investment. One have must have patience when it comes to crypto trading because its a volatile market. For instance the price of a crypto may go down to $0.6 and also go up to $2 same day. Therefore its good to HODL and be patient to get good returns. What is the cryptocurrency you are saying? Is Ripple? If you want to say Ripple can raise to $2 in one day or dump to $0.6 same time, you are wrong. The price of Ripple can dump much like you said, but it can not increase to high price with one day from base price ~1,0x $ like now. |
|
|
|
It depends on the majority of factors like your selection of gold coin, your self studyregaring ther project and white-colored document and also the team behind the project. Not all ICOs are bad nor all ICOs are great. Some ICOs can produce huge income because of viability of their task and some will not provide you with something if their task isn't environmentally friendly in long run.i d
I agree with your point. However, in these days, it is hard to find a good ICO which can give us a really good income. As you can see, most of the ICOs have fail and they can not give us a good income like they promise. Beware while investing in ICOs. It is not as good as it used to be anymore. Moreover, Vitalik Buterin has already claimed that all ICO will be dead in the future Not all, if he said all ICOs projects will be died in the future, it means his project created will be also died haha. You have to know Ethereum is also an ICO project in few years ago. You should read the history growth of Ethereum again, it can helps you know where is the begin of Ethereum!  Maybe we can see a lot of ICOs failed but we cannot deny the fact that there are also good ICOs who are running successful now because they have a real product, it can easily be found by just looking at the marketcap you can find good coins who had an ICO before but now they grow a lot already. Good ICO? Do you mean the ICO project had pumped the value of token to high price and gave the investors huge profits are the good projects ? I do not think so! Honestly, in my opinion, only Ethereum is the successful ICO project in cryptocurrency. |
|
|
|
I often experience panic at the time I am trading it is because the price of my trading coins change very drastically and sometimes I often can not control my mind.  No you shouldn’t be doing this. Make your mind ready for the losses and profits as well. Risk is always there so your mind mustn’t be shocked when loss comes to you. Keep on holding and see the prices raising and falling. Then determine whether time is good for selling or not and act accordingly. Don’t be panic and only then you can have your selling, a good selling. Good luck. According to my experience, the price of cryptocurrency can not dump more than 30-40%/day, unless the price of that coin has pumped crazy before it dumped, it is normal. But for the price of Bitcoin and top coin, this is the rule to correction of the price on the cryptocurrency market. So, you can wait the price of crypto recover after panic time to sell your coin. |
|
|
|
dont belive him. he is full member. so he in this forum more than 4 month. he will knows almost everything about crypto currency. dont think he new to ask about trading
What are you saying? He just asked us the method to improve trading. He said he lost many money in trading altcoin, so, he wants to knows and learns the method trading from the people in this forum. It seems you did not read his post before alert others . Quote from his post: I am new here bt don't understad how improve trading. I am already loss many altcoin.Now I am improve my trading.give some tips about this
|
|
|
|
For my experience - tradings alts with BTC is the best way to grow investments. But you need to know a lot about chosen alt and make stop-loss. Also, I recommend working with 10% of your bank.
I agree with you, that is the same thing that I'm doing so I could say that that is one of the best on how to double your bitcoin, not just double but triple, but, Trading is a little bit complicated at first, there will be times that you will lose your funds because of the token thst you have bought became valueless and so on. You could also hold your coin, that is beneficial in the long run and you could also try joining Signature Campaigns so that you could earn bitcoin weekly or monthly. Signature campaign is the final option to earn Bitcoin if you do not know any job can help you earn Bitcoin. Honestly, I recommend you should work a job normal in reality and use your salary from this job to buy Bitcoin. It is better than the salary from signature campaign, signature campaign is only a second job for working. |
|
|
|
Very nice and awesome, bitcoin is freedom especially in my country, freedom to earn money and freedom to gain more knowledge but sad to say bitcoin is now known yet in my country. They dont know what is bitcoin all about. They think this scam.
Like me, my country forbids the use of bitcoins. there are criminal penalties for those who violate this rule. unfortunately, they do not realize the benefits of bitcoin Bitcoin give us freedom because if we have bitcoin nobody can steal it from us. Also we are free from the government tax. Instead if you have paper money may you lost or someone thief and you have to pay tax on it government. Bitcoin is a currency use internet for running. And the thief of internetion community is hacker. Although you do not need to pay the government tax, but you can not evade the risk from the thief. Hacker can rob your Bitcoin if you do not protect your wallet careful! |
|
|
|
I heard that bitcoin is a good investment for making a huge profit in the future , is that right ? Because i want to buy some bitcoin in these days .
It definitely is. Because of it's volatility, there is a high probability that the money a person used to buy bitcoin could be increased by 25%, so the person who bought could initially gain some ampunt that he used in buying it. However, there are still rules or strategy when one wants to invest, one of which is to buy when the price is cheap. When is cheap? You do not know when the price of Bitcoin is cheap to buying, you only know the price of Bitcoin ups and downs every day. Unless you decide to buy Bitcoin and accept the price of Bitcoin is good for you, that is the "cheap" price of your idea. |
|
|
|
Is it enough to be smart with just nothing to lean on and go on with your life? Because i feel that there are a lot of people who doesn't know how to handle their money with regards to see in the future. Is it enough to be smart and not be strategical or somewhat a person who has a lot of experience. Who would you choose?
For me it is required to be a master of both things like of course you can not have experience if you are not going to try and some people would think it's a waste of their time if they are doing what they know already like repeating their work over and over again. So it should be in a balance.
I think those stategic persons are way more better than the smart ones. Being smart is just like knowing everything but the assurance that it will work is not that big. If you are a strategic person then you can manage to find more ways to earn here and find ways to make your income bigger than ever. It would be a better thing if you have both so that you can produce more better outcomes. You forget anyone can create and own strategy. But, why do the world have difference? Poor and rich, smart and stupid? So, the strategic people have this different, if you are stupid, you never have good strategy, even your strategy will make you lose money. |
|
|
|
banks provide some services bitcoin can't and also wont be able to in the future. stuff like a safe deposit box. they will most likely have to adopt to the new situation but they have enough time to do it, so i don't think they will disappear.
Bitcoin can even do, much better than banks, it is not only safe but also very secure not all people will be able to see your bitcoin balance and your amount of money from bitcoin it is just because of highly secret currency. You can put all your money in bitcoin and it will remain safe and safe, bitcoin will increase your money that banks cannot and in banks it will not grow in number but bitcoin grows. But keeping money in bitcoins as investment has very big risk that that in time you can lost all your money once bitcoin crashed unlike banks what ever value of money you deposit whatever happens you would surely reciver your money plus a small interest earned unless you make a deposit in small banks that are prone to bankcruptcy. I just only trust the national banking, I do not trust any personal or business bank, almost these banks will be bankrupt someday. In my opinion, as long as the government still manage the economy, they can not rob my money from national bank. |
|
|
|
I've just thought about this for a moment but, if we want bitcoin to get more popularity, attention or acceptance would it be nice to make some advertisement about it on T.V.? I don't know if in other countries they advertise bitcoin but in my country, I haven't seen one. How do you think advertising bitcoin will affect the people? Any thoughts?
I think it'll be more popular. Nowadays, media is so powerful, I think people usually believe what they basically see on TV. Therefore, it would have the greatest impact on the world of bitcoin and the other cryptocurrencies as well. It would also probably increase the demand on bitcoin which will increase it's value as well. You forget the information on Television program never trust 100%. Today, the knowledge of people know which news is real or fake, bad or good. It depends on the trust of advisor. If we have trusted advisor promote Bitcoin, the people will trust Bitcoin. |
|
|
|
Bitcoin can surge from big to small but can soar back into big again. You'll never know what future can offer us. But holding to your bitcoin won't cause you harm in this PRESENT time. It was just years when many told that Bitcoin is a scam and a lie, they presumed that it will fall for a weekend that investors will just mourn for the lost money. Until the surge happened, those who did not believe were the ones crying.
Google was selling shares to Yahoo before, and Yahoo declined the offer. Until Google developed and grew their ideas. From Google Earth to Android. Now, where is Yahoo?
What I'm saying is, you really can't predict the future, it is just a matter of how you handle your present. how you hold on to your hopes. As I can see to the growth of Bitcoin, it will never be like Yahoo nor Google. It will always be Bitcoin, dancing up and down but will never get tired to get higher.
The opportunity always avaiable for us, as long as we can take advantage these opportunities, we can get success. In the past, Yahoo was the best mail and chat service, but today, facebook, telegram, messenger, google ... dropped all advantages of Yahoo. |
|
|
|
As Bitcoin is now considered as a legitimate asset or a store of value on the same level (or should I say higher?) as that of the physical gold, stocks, established international currencies like US Dollar and the likes as well as traditional derivatives, maybe it is time to celebrate for some pizza (see above) and some bottle of beer (see below). With the introduction of the Bitcoin Futures, am wondering if there is a possibility that eventually Bitcoin would be stabilized at the $20,000 level for years all because the futures are putting the restraints and ceiling to its growth? Actually, I do not have any problem if that can be case...but do you think many would still be investing with Bitcoin when the rate can be stable? We all know that majority of us in Bitcoin are here all because we are speculators first and foremost. What is your opinion on this scenario? Bur before that...let's have some beer first! http://bitcoinreport.com/wp-content/uploads/2013/08/german-beer-bitcoin.jpgGreat question, very relevant. Holders back in 2011, 2012 etc had no problem holding even when the price was stable for a while, because they truly believed in the original idea behind Bitcoin, and were thinking long term. These days are perhaps not over yet, but let's be honest, there are loads of people now buying Bitcoin to make a quick profit, they don't understand the concept and will sell as soon as possible. This is a personal opinion but I believe the drop in price last two days is due to big investors buying at 10,000 because of the hype, and selling at 15,000... I mean they know nothing about cryptos, but made a 50% profit in two weeks time, can you blame them? Indeed you cant blame them were different. Every people is different so as the attitudes. Those who your describing is the multi-millionaire that dosnt really mind waiting. But those who doesnt really care about the proper handling of bitcoin and the patience included.These holding with long time waiting or a long term might have disadvantages on bitcoin but not too much than trading or altcoin trading although it has good profits but only quicker than usual. Sometimes, I thought the people around me are really funny! They did not trust Bitcoin when me tell it and tried to explain they know the opportunity to become the rich through investing in Bitcoin. After all, when the price of Bitcoin reached $10,000 they find me and want to learn the knowledge make money from Bitcoin because they think me was the rich from Bitcoin . |
|
|
|
I have come to realize in recent time that holding bitcoin in ones wallet is more profitable and a little bit risk free as compared to trading altcoin or what do you think ?
Observe the Cryptocurrency world, you will notice that many people are now switching to the bitcoin. Holding bitcoin is more profitable than trading altcoins. Not sure! I am holding more altcoin than Bitcoin in my wallet. Although the current trending is Bitcoin in the cryptocurrency market, but I do not want to take more risk in Bitcoin for my investment. We are nearing the end of 2017, I think we should withdraw to cash or USDT to keep safe our capital. |
|
|
|
Actually the future is pretty predictable, the history is showing bitcoin has made giant steps considering that is only 7 years old. I think bitcoin will keep going this way and many of us here think it will bitcoin will have a bright future so the future of bitcoin Economics will be great , no need to worry of it, bitcoin will be without a doubt toward a bright future. Investment in bitcoin as a store of value is great.
Bitcoin is predictable in the long term but not in the short term, in the short term we are going to keep getting this huge and mysterious movements of bitcoin, and most of us are going to struggle to understand what it is going on, but in the long term the trajectory of bitcoin is positive and there is not a reason to think this is going to change, however that does not mean we are not going to see a crash or two along the way. Bitcoin has dumped its value when the price of Bitcoin reached $1,300 in 2013. So, there is no reason we do not have the risk to see that dump again in Bitcoin today. Nowadays, although the Bitcoin community is bigger than the past, but I do not think we have much people understand the nature of Bitcoin. |
|
|
|
|
Show Posts
