I think the number of available bitcoins is increasing, because there are many miners out there. And if bitcoins decreasing i think it will affect the price of bitcoins.
People talking about bitcoins that idle on wallets of people who wont use it. But bitcoins mining everyday and we have a good stock of bitcoins now so no need to panic  There is no need to panic since there are many bitcoin out in the market and we are still not half way of the bitcoin that is needed to be collected. And even if the number of bitcoins diminishes as long as the demand increase it is fine. The value of bitcoin will grow and that is our target. To have a very high price bitcoin and enjoy it. |
|
|
|
I heard people buying bitcoin using real money..
Is it really good since we all know that everything on internet can be hack or something....
Is bit[Suspicious link removed]d to make your money grow fast or will you just lose all those money??
i got the point,its all about security,and i think bitcoin is safe on your wallet,as long you choose good wallet and put very good security there. Bitcoin is safe and we don't need to worry about scammer and hackers as I think its not that easy to steal bitcoins from and all digital wallets have unique security features. Yes it is safe unless you give away your credentials, your bitcoin is yours alone. And it will earn more as the price rise. So it is very sage to invest in bitcoin. |
|
|
|
I think bitcoin can go along together with banks. I mean, maybe someday banks will accepting bitcoin for payment like fiat. And i don't think bitcoin make banks dissapear. Bank is important for every country.
I think bank is more important for the government, since they can rule fiat through bank. Actually bitcoin doesn't need bank, but most people still need bank to get fiat after it get converted from bitcoin. So for now, bank won't disappear because of bitcoin. In future, who knows. Yes, we can't dispense banks because we sti use fiat. We cannot use bitcoin in our daily expenses yet so we are still reliant to the power of fiat. If bitcoin becomes very popular and can be use anywhere any time and can purchase anything, then fiat is gone and so is the bank. |
|
|
|
Saving money at bank is a bad idea due to the inflation.
Either invest in bitcoin or for example a company.
Yes if you are talking about fiat and cash, saving the money at bank couldn't being a good idea. But if you can convert it into bitcoins and hold it till the next halving at least that's could being profitable. That's good banks are providing only 8% to 10% yearly and there are many difficult but If you are investing your money in bitcoin then it will give you more than profit soon because its price is always going down or rising up than time you can buy and sell. It is already too high if the bank is giving 8% interest. I think it is only 1.25 % in our country. That is too low compared to what you can get if you invest in bitcoin. Or just make bitcoin as your savings account and hold it. |
|
|
|
It is good to teach people about Bitcoin, and that is very nice to have more used. so they will know what bitcoin can do and what Bitcoin is .....  And it will push the price up if more people use bitcoin and join the community. The more people knows about bitcoin, the more enticing it is for businesses to use bitcoin as payment schemes. Thus, pushing the value of bitcoin. |
|
|
|
Everyone on this board thinks price will jump In July but a lot of people are going to be disappointed. Price might even drop. Everyone is just holding bitcoin. Are they actually using it to buy and sell goods and services? If we look at bitcoin as a currency then the price shouldn't change much if it's like gold people will flock to it I another recession. Bitcoin is caught in the middle of both these world's.
There is a lot of movement in trading and gambling, especially gambling. It is what keeping bitcoin alive. And I don't think thay are holding everything. They are just holding a certain percentage, but some of it is either spent or exchanged. |
|
|
|
i have no plan  i buy and hold and i will be richer in a couple of years, how rich depends on how much i buy I'm confused as to why a lot of people trying to become rich simply by holding. I want to ask how much bitcoin do you have. so you are sure to get rich just from hold bitcoin ? Maybe they do not have other skills that they can use to make them rich. So they'll just acquire as much bitcoin as they can while the price is still low and hold them until the price soars high. That is not the sure way, but if it is only the way, then just do it. |
|
|
|
To save your money just thinking about your priorities in life and buy only foods and use your money to pay for your bills and the rest of your monthly salary will be going to savings.
You can be saving that way, but you will be living a very frugal life. Where is the fun in that? How can you enjoy life if you tuck away all the money you have except those for basic necessities? |
|
|
|
Just buy, anytime you want to buy, but make sure that you know when to sell, the only problem with buying at this high price is that you have to wait til the price go higher. but if you want to keep it for good, then buy now, no need to wait for the bitcoin's price to drop very low..
Yes, waiting for the price to drop may not come at all. With that, buy on regular intervals and holding them is a good choice. Or while holding, set some coins for trading. Instead of waiting for the right price, buy and make you bitcoins to work. You can earn more that way than just holding. |
|
|
|
Compared to the time 2 years ago, the price is less then 1/2 and it hasn't risen over 500$ in a long time. So I m not convinced in anything anymore.
2 years ago was right after the gox price manipulation. You can not see this artificial created run as real growth. It was obvious that after that a very long correction would happen.And it took us around 22 months to rehabilitate. During that time the fundamentals have become better and better. And this year we will see even more growth and improvements regarding the network and value. And this time, whales cannot easily manipulate bitcoin market unlike before. Bitcoin users are diversified right now. Whales still own a large part of bitcoin out there but their move is counter acted by individual users though own small bitcoins but very large community. Put together, they can match the movement of whales. |
|
|
|
No I do not ever spend any bitcoins of mine. I just save them so I can later on sell them. That is really the only reason I am making use of Bitcoin at the moment. If I spend them I will just regret it later on when the price goes up I will be like "I should have saved them".
Well that's true.. if you are into the price, you should keep it and while you can still buy, buy a few at a time..after all everyone is thinking the same, to keep coins and sell it when the price is high.. I think too much holding will be bad for bitcoin. We should have some coins reserve for revolving the funds. This way, transactions will not lessen and the price will go up faster. If all of us are holding, bitcoins price will be static and may go down. |
|
|
|
Yes I am holding on to my Bitcoins for a price increase. It can take a while before the prices change. I am just waiting for the right price so that I can sell some my coins and make a profit.
It.will be very soon. The price is consolidating in 420+, soon it will pick up enough energy to push past 450 and more. It will not be too long now. And halving is just around the corner, we.will be expecting 500 price range after that. |
|
|
|
Sorry, we're late adopters. We can't get rich with bitcoin.
That's pretty stupid sorry. Bitcoin hasn't even begin to grow yet. The current marketcap is roughly 6 billion dollars. Do you know what 6 billion dollars is in the grand scheme of things? Absolutely nothing. Something like Uber has 50 billions. There are billionaires out there that are bigger than Bitcoin... Some people are don't know how to put things in perspective. Some.people.are.just pessimistic to the core. Instead of seeing bitcoin as an opportunity, they see it as a too late investment. Sure, they could have earned more if they invested a year earlier, but bitcoin's potential is limitless and investing now is the key. Invest now, it's never too late. |
|
|
|
the best way to save money in my opinion is by investing in bitcoin. bitcoin invest in more promising than the money in the bank. bitcoin is the answer in saving our money safe, profitable and promising.
because money in the bank don't increase it self. but bitcoin will increase it self. there is high chance of bitcoin price increase. I personally save my 50% earning in bitcoin, and I believe one day these bitcoins can help me more. but bitcoin rate and price unpredictable. don't know what will happen. to save or invest, you have to earn and not consume all. The idea is that if you have only a small sum, don't invest, just keep the value in the form of money. I believe you can still invest even in small amounts. Everything starts small, the key is consistency. Invest small amounts regularly and surely it will soon grow big without realizing it. |
|
|
|
i never been try buying bitcoins but imwaiting to drop the price fyi im always depend on giveaway or free and thats im using it for capital like trading selling etc
That is a good source of bitcoin. And your sig campaign is a regular source too. You don't buy it with fiat but you buy it thru your time spent in doing campaigns. Just accumulate them and hold til the halving or past that. The price will surely go up. |
|
|
|
Well even then you can decide to lock away some money in your socks and when the amount is substantial bring it to the bank.
In the end it is about money control.
I wish it was that easy, the problem is they do not have enough money to have a spare to save for the future. Every thing they have is spent on daily expense, nothing left. And not everyone has net so they can work on sig campaigns. Before saving or investing, I think securing a regular incomencomes.first. |
|
|
|
I once was exchanging some money from a friend and he said he dont want to take BTC , I was surprised and ask why ? He said because he has no good sites which can provide him his local currency for BTC , then I informed about LBC. So maybe lack of knowledge is stopping people ?
It is one. No one is actually active giving informational materials about bitcoin to anyone. It spreads only thru word of mouth. But once itbis already spread widely, that will not be a problem anymore because they will start to see it in payments schemes and anywhere in the net. |
|
|
|
If you want to teach someone start from zero and explain them step by step, and make sure you keep it simple at primary stage, do not complicate things and everything will be fine.
i try to explain as simple as i can,but i think explain bitcoin to people are dependng how much knowledge of that person about technology and payment,and internet. its will make us easy to explain. It is really easier to explain to people who already have experience earning onlne and paypal. So you could just compare it with paypal and it benefits, then if he sees the big difference, he will be interested. Otherwise, with people with no experience using internet payments, it will be harder and you should really start from zero. |
|
|
|
well i dont know about it to be honest, im putting my money to it from time to time though im sometimes worried that the price might drop significantly thus not giving me any money at all
in my opinion its better not to put in all your money you have into it because no one can predict if the price will grow or not so i doubt that we should invest everything
That is actually recommended not to put all your money on one investment like bitcoin. Diversify your investment portfolio. And you are right may drop from time to time, but instead of worrying, take that as opportunity. If it drops, buy more and when it bounce back, you'll have more profit. |
|
|
|
I would consider to do both ways because with saving money you could later buy more bitcoins again, if you do this again and again you will gain more bitcoins and also more profit at the end of this journey if you sell them.
There is a good chance the halving will let is make profit so investing is priority number one right now.
I really wish that prices increase but I am not sure we can say prices will increase soon. So you may need to be more careful about this. The idea is risky. To be honest, it is not known what will happen to Bitcoin for 5-10 years. You are right. Investing in bitcoin is risky and no one can tell what will bitcoin be 5-10 years from.now. but if you believe in bitcoin and.the.growth it has shown, you'll be willing to take that risk and invest in bitcoin. I strongly feel that its worth to take risk by investing in bitcoin, as if it goes higher in future then it can give us best returns which no other product can offer us. There are a lot of products that can give you what bitcoin can give maybe even more. But since bitcoin is a very hot commodity these days, I guess bitcoin will give more profit in a shorter time. Anyway, just don't throw all your money in bitcoin and look at other opportunities too. |
|
|
|
|
Show Posts
