Already many countries for their financial systems clearly decided to use blockchain technology and it is obvious that bitcoin will strongly into the global economy. How many years it will take is not known, but it soon.
The blockchain is not confined to the financial sector and instruments although of course it was originally designed for this. And about the time I would not hurry with conclusions. |
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I fully agree with the fact that there are always wishing to use paper money. Even if you implement the latest technology in popularity of paper money will remain high
I agree, the demand for paper money still remains and will remain and it is not necessary artificially to deal with it at least for the sake of insurance against unforeseen circumstances. |
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The price really matters to attract a lot of users. Just take the example that when it reached 1k USD once, a lot of people got attracted towards it as an investment source because media hyped this hard, and it is again the time bitcoin is to reach there once again.
The price is important, but I believe the main reason is other than hype. The price is important because miners, who support the network, need to be paid. As the network expands to more users, more mining power is required, and a rise in the price is an incentive for miners to expand mining operations. Well, the price is also not exist in a vacuum and needs something to lean and not to the price of mining. If the demand will be all right and the price will be all right, but about that the reserves are still there. |
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Definitely and we can only achieve that if we continue to support bitcoin.
Our future is bright because more and more people are adopting with bitcoin and we are very bless that we belong to the early phase, now it will matter if we will take this opportunity to invest as in the future the price will certainly grow substantially and we will be able to earn from our investment.
The whole question of how long the process will take and there does not appear during this time a new alternative in the digital world. |
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Yes I believe in bitcoin,first it gives me a chance to explore and highly motivated for a chances of earning.At first it may take risk but you have to give it a try,better earning is on bitcoin..
Thats good me too im believing in bitcoin because if we can't then we gonna stop using bitcoin and in bitcoin we gonna earn more money here than we expected for months and it is better to do some job in bitcoin because it easy to post and earn bitcoin per month and less risk right <3 You forgot to mention that the best way to make money without the risk of it bitcoin mining. If you do not buy, only to extract, the losses can be avoided altogether. bitcoin mining is not profitable right now thats why ordinary people shouldnt do it as it wouldnt make them money Yep, bitcoin is only profitable to those who owns large bitcoin mining farms regardless of the current price situation. No mate, you are wrong, bitcoin is profitable for everyone who trust it because they will make ways to earn bitcoins, there are a lot of ways to earn online like trading and investing and it does not require a lot of capital to start because even with small amount you can grow that if you do it right. Yes, because large farms are becoming less and less profitable but require a large expenditure. |
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My prediction is somehow simple, I think that soon more and more people and countries will accept it, so that means that the price can gain some positive traction, making the currency appreciate. After that, with more liquidity in the market, there will be more stability in price.
The liquidity probably doesn't mean all that much compared to the amount of money involved with Bitcoin; what needs to happen is for there to be a lot of people with a lot of money spread out with each person doing their own thing so market manipulation is a challenge and more people overall are buying and selling. Having a big investor base is one of the biggest, if not the biggest, way to get a stable price. A large base is sufficiently General concept so it is reasonable to question about what about many investors need. |
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It is not the fact because stability is not very comfortable with speculators  |
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I believe the velocity of money (btc in this case) matters here. Today it is extremely slow, since its usage is minimum.
I also agree with you that the rate will be higher than at this time, including the fact that the world economy can expect a big shock. |
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From the recent attacks on the exchanges recently including what is going on with Bleutrade, I don't think bitcoin is safe to use right now. But that is my opinion.  Just don't put all your eggs in one basket and you will be happy. |
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Nothing to worry because it happens not for the first time and the scale of the fall is not so great.
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If the price drops under $280 then you should buy Bitcoin for sure because that price is not high at all.
The prices at the moment are far much higher then what they used to be.
Exactly that would be the best price to invest money in bitcoin but as of now I don't feel that price will go that low and if it does then its an best buying opportunity for all of us. I also think that under the circumstances the price may drop to such a level although nothing can be excluded and the black Swan can fly suddenly. |
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Title.
So. Electric cars are gaining in popularity, therefore the popularity of gasoline will be going down. Won't the price go down, leaving the oil industry in trouble?
Honestly the amount of electric cars that are in circulation will not even slightly phase multi billion dollar oil companies with huge rigs out in the ocean mining trillions of litres a year, making billions in profit, AT THE MOMENT If they begin to grow in popularity and more and more people start to buy them however, this is a different story, but i can't see this happening as electric cars are all round poorer on performance at the same time as being more expensive, but yes, if they become more popular it will be bad Get ready for the rise of electricity consumption for another order. |
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paper money is a payment konvensiplonal used by everyone in the world today. if it could be even greater bitcoin I believe paper money still will get a share. at least the future of paper money and bitcoin is 50%. both are still needed for economic survival in this world.
Bitcoins cannot surpass the demand of paper money and even if the future of paper money is not that attractive but we will always see them in the circulation as it was backed by the government and anything that the government made will last more than the non regulated ones. That's true paper money has great support from the Government and it will continue in future too and Government will never allow any digital currency to be their primary currency. Are you kidding me. There is an on going agenda to get rid of cash. In 10 years paper cash will not exist. Government hates it because they can't control it. They will release their own crypto dollars. Big names in the ECB already said they don't think cash will exist in 10 years time.More likely that these big names in 10 years time will either turn from big names into dirty names (to scare children into obedience) or just vanish without trace in the sands of time... It is not given that the ECB itself will still exist by then, lol Hello brave new world with life in a fragile glass house. |
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I think the bitcoin price will continue to rising even after the next halving , and that's in fact good for the Bitcoin's holders .
No it wont last till next halving event. When halving ends thats the time price will get stabilize as the hype we feel will also appear. Don't think of next halving, try to grab each and every opportunity to collect profits from this halving, and price will keep on moving up now till we reach to the halving. yeah not too dependent on halving. then if it keeps going then after halving the bitcoin demand will decrease drastically. I'm afraid it happen. because of course there will make prices fall Why decrease drastically demand could? Of course the bitcoin price will continue to grow but then now the most important thing to price again collapsed. |
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if we have a trial like holding gold or bitcoin, then you hold both of them in a few years. I believe is the best bitcoin, bitcoin prices can rise very high, while gold is not possible.
Is not possible is different from that seems unlikely, think for example that gold demand soars in short time, the price would soar even more. I also believe more prospects of bitcoin but the price still can not reach even one thousand dollars. |
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I was buying till last week but to be honest I cannot afford to buy with the current price as price is too high for me, so If I want to buy then I will wait for the price drop.
It is really not the best time to buy bitcoins, because the price is really high, it is already $761. But I guess the price will not drop until the halving comes. The price will go down maybe after the halving or it won't we really can't tell. I agree that now the situation is not clear with the price and could see a correction in the near future. |
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Bitcoin is great for short term speculation but I wouldnt bet my retirement fund on it.
Gold gives peace of mind and stable growth.
Best comment  i thik gold is the safest way to save our money for retirementday, but i will chose bitcoin for it, i can save bitcoin at paper wallet, its more smple way to save my money, also i can get some "free bits" each week to save it in my paperwallet. If you can afford to invest in gold. Then it is really one of the safest way to save for future purpose and profit. But we are in the tech era and computer days, bitcoin is much really convenient to use and you can really get profit from it. Investing in gold is a safe haven for investors as opposed to investment is not always stable stock market. |
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in my opinion, resign from your job to go fulltime on bitcoin is not bad, if you can earning 5times or maybe 10times from your salary. but i doubt for long term job, bitcoin is not safe. bitcoin can fail to some dollar again.
if you want to go full tiem on bitcoin, i prefered you to start collect or safe your bitcoin, so you can use it as capital for your full time on bitcoin.
I'm also want do that, but i think it's to risky do that. It's like you 'gamble' your life into bitcoin and bitcoin not always have a good price, and when the price goes down, your earning also goes down too. it is risky but to earn that much will require the same amount of time you spend when you have your old job, and plus since you are going a fulltime bitcoin im sure you can find some extra works as a freelancer or any other jobs online to ad extra income which you cant do if you have a normal job. You cannot expect that you will find work everytime as a freelancer, it depends on the demand of the client, and that work is not permanent, and its difficult to find work on regular basis. i said it was risky and im not saying that being a freelance you can always get a job, but theres a lot of sites that offers a job for a freelancers, i sometimes do online jobs like web researcher,blog writing etc... the permanent job is make everyone in his comfortable zone. i think better we still have realjob, or we can have micro bussines and still use bitcoin as sidejob. I agree with you it is still better to use bitcoin as a side job. Because it has always been good. To have a multiple source of income. Considering the wide fluctuations it still looks a gamble unfortunately. |
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Well, if you want to get rich you've really gotta work hard for it. There is no free lunch in this world, and there is definitely no free riches to be had. Otherwise we'd all be Bill Gates by now.
Work your ass off, and you'll be rich one day.
nope i think we can follow in the footsteps bill gates to become rich. you just need to be creative like bill gates. he became rich because he kreative in making a new discovery. perhaps you could create a new platform or create a altcoin nice, maybe you can become rich from it In this world today, following bill gates' steps is really one of the ways to get rich. But you must create your own creation. It must be unique and must be new in the eyes of the people. To become as rich as bill gates should have the same mom who was friends with the leaders of IBM. |
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As if all this was not resulted in inflation and a collapse of the bubble given the gambling nature of our Chinese friends. |
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