Maybe because its the original and first digital currency decentralized crypto back in the day with much more advance and secured technology compared into today's fiat. The reason why the price keeps getting higher is simple demand the higher the demand of an currency the higher it's price become. People are getting attracted to it because of its rapid growing value that even surpass gold and the promise that if you invest in it you will become rich.
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Well in terms in transaction volume with bitcoin 7 transaction per second compared to paypal's 200 transaction per second bitcoin is far behind but bitcoin now a days is not for transactions but more like an asset to store your money for long term profit. Also bitcoin's demand is increasing rapidly it may not be as good as an payment processor but it is a goos investment.
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If this is true then another fork will occur which mean another airdrop will happen and it will become another bullish run bitcoin as the community already chooses to HODL bitcoin. Im sure bitcoin will reach new all time highs as the new fork coin will become a pump and dump and will be converted to bitcoin. The question which wallet provider will support this new coin.
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Bitcoin is in a dip right now i think the price is around $9500 you should probably buy bitcoins worth of $50000 usd then HODL it for the time being then wait for the bullish price increase and wait for price to reach new all time highs then sell some of it and then buy again cheaper coin when im dips. You've now earned greatly.
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I think people will pay you if this is legit and it is profitable not just another scam from the internet that is a money grab then vanishes in the air after they get their marketcap. First you should build up some trust and what kind of work their doing for almost $2 dollars that they've paid up and is it profitable?
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The success of a business depends on what business you're offering to the people. If the product is in demand then more people will buy it. You should always include as well other payment method such as credit cards and cash for more convenience to some buyer's who doesn't know bitcoin yet.
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This is good news. It will serve as a good development for bitcoin im sure the price will once again skyrocket amd more people will know about bitcoin. I hope though that this is legit and not fake news. Also i hope bitcoin does well with it's current fees and trasanction time after all the lightning network has been implemented.
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That's a lot of coin to own. As for me i get my news here in bitcointalk cause there is a lot of discussion about altcoin and crypto currencies like bitcoin and also in facebook i always get updated from news about digital currency by the cointelegraph page they advertise their articles in social media for people to read and there is also a lot of discussion there.
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I think it is better for you to just invest your money in bitcoin especially while it is still in a dip this is a good opportunity to buy cheaper bitcoins. If you have 1500 usd then buy bitcoin worth with that then you can just sit back and relax while btc price go up. Where in mining there is a lot of cost like maintenance fee, electricity fee and also your internet bill, mining is really costly.
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In this situation you should buy something that will surely make you great profit not the one that is to expensive and inconvenient for you cause not only it will not make profit but also make you lost your money due to maintenance fee, eletricity fee and other expensive stuff that will make you buy in order to get a promise of a better performance. When you can just buy bitcoin hold it then sit back and relax.
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Well most likely that address will receive the bitcoins that you have mistakenly sent and once a transaction is made in bitcoin it can't be reverse like paypal that can be used for scams. That's when sending bitcoin to someone you should always double check or triple check to avoid this kinds of disasters.
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I dont think bitcoin can affect the world economy more likely it will only coexist with and governments may try to get rid of it by banning ICO's just like china, Argentina and russia did. Because it is completely decentralized and no one owns it and no one will ever will. And it is also a threat to their own local fiat currencies so they will surely try to stop it.
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This is the reason why i also hold my bitcoins although it is not that much unlike others that has millions but atleast i have bitcoins i'll keep on holding and just keep on adding more through sig campaigns and bounty campaign cause the chances that the bitcoin price will to continue to rise is really high. So im gonna keep holding and only spend a portion when i need it for my daily necessities.
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Im no expert but bitcoin price rises and reaches new all time highs altcoins will also be impacted by it cause some the investors move their money in alts that they think that has a good technology but some altcoins dont last long with no good devs and technology behind it. But still bitcoin is far more superior because it is the number crypto and continue's to improve.
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I dont really spend a lot cause i live with my parents so most of the cost is on them but sometimes i withdraw my money atleast $35-40 and give them half of it to help them the rest of my bitcoins is for my savings and as a long term investment. For the money that ive withdrawn i usually spent it on clothes, food and online games.
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This is just normal with its bullrun this past few days/weeks a correction is most likely to occur and corrections is completely normal as it shows good health the fall of price is probably cause buy the whales to make profit or cause a panic sell for newbies. Just dont panic continue to hold your bitcoins and continue to HODL bitcoin you will experience new all time hughs after a few weeks.
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This is just completely normal, correction is healthy for crypto currency especially with this crazy price leaps a correction is expected. Some whales in the crypto world made some sells of their digital currencies but dont be alarmed the price will recover after a few weeks. Just take advantage of the dip right now.
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I will never exit on bitcoin anytime soon but incase if i do i'll go for fiat and create my own business cause investing in altcoins i might het caught with a collapse in price value after all altcoins are short live some of them doesn't even last a year and others has to many security flaw like tether. That's why bitcoin is still the best investment for me.
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Its really expect the unexpected in bitcoin all this price leap has been crazy as hell it was only $9000 a week a ago now it has already break the $11000 barrier and bitcoin is still far from bevoming a mainstream currency how much more when it becomes one. There maybe price correction but the price decrease is not that high and eventually bitcoin recovers.
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It will continue to rise. bitcoin is not even known yet by an average joe and still unknown to many different countries you can say that in bitcointalk the community many of us know bitcoin but what about poor countries. So bitcoin will still rise especially when we share our knowledge about it and in time many merchants and investors will use it.
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