Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
It is high because now the bitcoin is so popular and many of the people want to have a single account to it. The price of it are so high than on the past years because now this time bitcoin are still increase it's price because the people using this are still increasing. |
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at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?
When I try to explain people about cryptocurrency some of they understand but some of they don't. There are different types of people the one that easy to convince and the one that is hard to convince many of us when are trying to explain how the cryptocurrency works some of they are don't believe. |
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What would you do when you're talking to someone but then he suddenly talks about his hatred on Bitcoin, what would you react to it?
I've never actually experienced anything like this before, I just want to be prepared when it happened to me.
Ignore the people who don't like bitcoin but you need to tell them first all the information you know so that if they still don't like it then ignore them. Many people don't like it because they don't believe on it. They thought that this is a scam but if you tell them that this like a job that we can earn money some of them are get convince and some of them are want to join to it. |
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Worldwide, especially in my place, must sell it for profit rather than always keep it!
The government always forbids the use and play bitcoin so that it can not grow fully potential in my place. Surely it remains an advantage if there is a transaction rotation for bitcoin in my country to live.
I think they sell their bitcoun because they need money. They sell it because they want to buy something that they need or there's an emergency so that they sell it easily. I think no one can sell their bitcoin without a valid reason because it's hard to have a bitcoin. |
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Last 3rd quarter of the year experts predicted Bitcoin will surpass $10,000 before the year ends but today before first day of December it has already reached the prediction.
Now, is it possible for Bitcoin to surpass another mile of $15,000 in just a single month?
What do you think?
Yes there's a possibility that before 2017 end the price of bitcoin will be $15,000 because in a short time the price of it are still increasing on it's a high price. It's still increasing because there are so many people who wants to have it because for now is it so popular. Some of the user said that it's impossible that bitcoin can reach $15,000 but if you have a research the price of it are goes high and high so that's not possible. |
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why invest in bitcoin when u can invest in real stocks market?
Is it good to invest in bitcoin because the price of it are increasing. They all said that investing is an easy way to earn a lot of money so I'm encourage everyone to invest on it so that you can earn a lot of money like the people who are investing bitcoin. Bitcoin investing is safe just like what they said is it safe because is it secure even you are investing for a long time. |
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Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
For me yes it is the new era of currency. Just like what you said bitcoin is trending world wide because we can easily earn to it and it can be exchange in real cash so so that, 'WORLD WIDE' so it's use by all the people so can we say it that bitcoin is the new currency. Yes for me in the future we can buy foods and buy the things that we want by bitcoin because for now many people want to have it so they can change anything for bitcoin. |
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I'm trying to understand why are so many people against bitcoin? is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?
I think many people against bitcoin because they thought it is a scam and they can't believe that by just posting, investing and minning you can earn money. They against because they don't believe so for me it's better to tell them how it works so that they will not be against and there's a possibility that they will work on it also. |
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What is bitcoin for you? Is it a chance or a scheme to get rich? Or is it actually to keep your wealth to yourself.
What lead you into bitcoin world and what's keeping you here?
Bitcoin for me is the father of cryptocurrency because it is the one who are first to discover by people. Is it also the way to help people to be rich and successful. Many people are getting rich by using this because bitcoin for now is so famous so that in the future it can be more safety and it will be upgraded by someone so that we can earn a lot of money here. |
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What are the reasons, why people use Cash or Credit Cards / ATM / Banks? Look at the benefits of bitcoin. * Works online 100%, 100%transparent for private and commercial use. Total control of private or public money for it's holder or holders, investors, governments etc. * As It's works online there no need of expensive steel safes or bank deposits to keep your money safe. Any password or time code can be used. * No fees. Unlike cash, hasn't 2%-3% of inflation every single year. * Accepted for Food Shopping & Micro payments via electronic card. * 0 confermations time, with introduction of "instant pay" function. * 0 exchange risks in use of proper securities and competent insurance. * any entrepreneurs is able to understanding of the value of payment. * No need for pay terminal for small businesses. For small entrepreneurs it's a high expense of 70 bucks every month. * Theoretically it's would not be needed to have an expensive licensed cash register, for small entrepreneurs, as every transaction is totally transparent. So cases of black money flow would be easily found and proven. * Banking and gambling. No need of any verification for CFD,Stock,Currency or gambling services. Yes for me bitcoin is better than cash bitcoin there are so many online seller that accepting bitcoin and there's have a things that bitcoin can only buy. And for me is it also better because if you sell it you can earn a money and then translate it to cash. Bitcoin don't paid taxes so that is the other reason why bitcoin for me is better than cash. |
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 What do you like best about bitcoin? Decentralization, transparency or easier to move? Or just it makes you look cool?  I like best about bitcoin is that it can helps many people and it is easy to earn money. Many of us likes it because we earn right? No one here are like it just because they want to be cool because I think bitcoin can't make you cool but can make you rich and successful so don't just treat it like a game because by using this you can be rich and successful. |
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What Will Bitcoin Look Like in Ten Years?
I think Bitcoin look like in ten years is so popular and many people will using it. I think that in ten years the price of it are so high because for me many popular people also want it so even if the price of it are high they will buy it because they all know that the money that they spent will be back soon if they have it. |
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Most people now with the rise of bitcoin value, just want to hold bitcoin for as long as they can so that they can maximize their worth. But isn't it a little too greedy to just keep holding bitcoin?
We've all read that story in the school with the moral "Greed is a Curse".
So what if too much greed in bitcoin may backfire? What if, the hodlers end up with nothing?
No, holding bitcoin is not means you are greedy because there are so many reason why you hold it not only for money. Just like what I did I'm holding my bitcoin for a long time because I want to have money when emergency came so that I'm ready, that's not a greedy attitude right? Because you holding it for a good reason or a valid reason. |
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Everyone in here is desperate to convince each other the Bitcoin can only go up and therefore you have to buy and hold.
But when you buy Bitcoin, someone is selling it to you.
Why are people selling Bitcoin?
The knowledgeable people are the ones who are now slowly selling out before the bubble bursts. When you are now buying more and more Bitcoin ("investing" as people in here call it) who do you think you are buying them from?
You are buying from the knowledgeable people who are slowly getting rid of their Bitcoin.
People who sell their bitcoin is the people that is have a problem or need money. For me no one will sell their bitcoin without a valid reason because all of the people now are want to have bitcoin because they all know that they can earn from it. I think some of us are selling bitcoin because there's an emergency just like me I sell my bitcoin because there's have an emergency problem. |
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Actually i want to know when we earn btc how can we get it to cash . Is there any secure website or something
There are so many way to withdraw your Bitcoin to cash but me, I have that called Coins.ph by that application or site you can translate you Bitcoin to cash and you can withdraw it on security bank even if you don't have any ATM card. But my friend have other way to withdraw his bitcoin to cash but he didn't tell me that and I don't know why. |
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I donot understand what are going to on bitcoin?Bitcoin dumping and dumping  .Now bitcoin under 3600$ i think in this week its going to under 3000$.China can destroy bitcoin or ended this month.What your predict ? No bitcoin will never be end or no one can destroy it. How will it end if it helps other? Who are here that let anyone to destroy it? Bitcoin can helps people to be rich and successful even of you are young. There's a lot of people here are depending on it because this is the only way they know to earn money. |
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Bitcoin right now keeps on increasing its value, and many more cryptocurrencies are occurring.
Do you think someday bitcoin will end or will be replace by other cryptocurrencies?
Is it too late to invest?
Is there a chance that bitcoin will be down?
For me bitcoin will not end even if it is the father of all the cryptocurrency because it is the first cryptocurrency that get discovered by people. It will not end because there are so many rich people are involve here and many people are depending on it so i think that all of the user here will not let bitcoin to end. |
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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 that is a great idea if you advertise bitcoin on T.V. because there are so many people who can see that so that if they can saw it they will ask or they will make a research. If they make a research and if they know that by using it they can earn money I think that they will be start working on it or using it. |
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is now too late to invest on bitcoin ?
No you're not too late even if the price of it now is high. For me is it good to invest now because even if the price of it are now high you can earn the money you spent on investing it because on bitcoin you can earn a lot of money. If you have a bitcoin you will not repent because it can help you to be successful and rich. |
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Some people like the Brazil Central Bank Chief called Bitcoin a Bubble & Pyramid Scheme, how can the bitcoin industry prove this wrong and make sure bitcoin never ends but grows bigger?
For me bitcoin will never end because everyone loves it. It will end if there's have a hater or enemy that want to destroy it. They will find a way to destroy it even if bitcoin is a secure they can do it because there are so many proffessional that can hack or destroy all sites. That's my opinion |
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