Hey there. New to the BitcoinTalk forums, happy to be here  I'm a student in the UK. I get a few hundred in cash (£250ish) for christmas + birthday money every year and was thinking about investing in Bitcoin. Would you say it is worth investing as a student, especially now with the market rising around BIP91? If so, how much would you recommend? And how much profit would I be able to make within half a year or so? Investing in bitcoins is the best idea.Just buy bitcoins before august 1 as price is expected to skyrocket after that.Bitcoin has almost tripled in its price in the past six months.So if same trend continues,surely you could double your investment within half a year. |
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I'm thinking of getting a loan to buy more bitcoin, as I'm guessing we'll reach $10K in a few months it can be a good deal to lend at a bank against 5% anual rate
Did anyone do this before? Would like some experience advice
If you have your own money,then there would be no problem in buying bitcoins expecting high prices.Even if it don't rise,there would be no problem.But if you are going to buy bitcoins with a loan,then its not a good idea.Thats highly risky.So just avoid taking loans. |
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We have seen it before so why not.
btc has no bottom when it comes to a debate
I think you are a day dreamer.Bitcoin is getting legalized in many countries and mass adoption is taking place every where.There is a continuous increase in demand for bitcoins and it has made bitcoin price rise high.Many people are expecting that bitcoin price may cross $3000 and now you are expecting a price of $50.Thats hardly impossible. |
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As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.
Already bitcoin has face d many critical issues like BU,etc and it still survives.Despite actions taken by governments and banks to destroy bitcoin,still it exists.I hope that it would exist for long time giving financial freedom to thousands of people.But it has to overcome the quantum computing which is expected to be introduced after twenty years. |
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what you should invest is your extra money, so that when the value falls, it will just be ok, since it is not your savings, but when it goes up, the more money you will have, just keep in mind, buy low and sell high and always use your extra money not your savings, for you to have a win win situation.
Sometimes it is very difficult to predict when bitcoin will grow and when to fall. Many people bought bitcoin at a time when the price was over 2000 and their profits are now not very noticeable. To start and invest, you must immediately set a goal. For example, the goal is not to sell coins for several years. This will keep many people nervous Yes,investments in bitcoin should be made in a long term basis and not in a short term basis.Short term investments are suitable only for altcoins.Bitcoin has almost tripled in its price in the past six months.Bitcoin has always settled in a price more than the previous price.It has not given losses to its customers on a long term basis unless if they sell it due to panic for low prices. |
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Except that after the fork both chains will likely tank in price to the point it would be cheaper to buy BTC+BCC after rather than BTC before
this would have only been true IF BCC had any kind of half decent support from the community. currently it has nearly no support. the only people supporting it is the 1 miner that is behind it, also the pocket behind this, the rest are spamming. and don't confuse this with big blocks versus SegWit debate. this is something very different. this is creating an altcoin without any consensus from bitcoin. Absolutely,that would really be a stupid reason if it is said as reason for people buying bitcoins.The main reason is price is recovering because big whales have already finished buying cheaply available bitcoins for what they spread FUD.Now,every one has started realizing that this might be the last chance for buying bitcoins below $3000 and thats why,they have started to buy more bitcoins due to which such a huge increase in bitcoin price. |
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With the instability of the SegWit happening with which kind of fork, we saw bitcoins value drop a bit down 2k. As we are approaching the day of SegWit, I was expecting that the btc could indeed decrease a bit of his value, but it is increasing( that's great ). But why is it increasing ? people started to trust btc even after SegWit ?
Bitcoin price decreased last week due to FUD spread by big whales to promote panic hats why the price has started to increasselling to buy cheap bitcoins.I think by this time,big whales would have completed buying cheap bitcoins and thats why price has started to increase.Those who were confused whether to buy bitcoins or not have also started o buy bitcoins after seeing it recovering in price.Thats why the dramatic change. |
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By 2020,bitcoin price may cross $5000.The main reason for it would be most countries would have legalized bitcoins by that time and mass adoption of bitcoins would take place in the upcoming years.We might be able to buy products in most of online stores and offline stores as well by that time with bitcoins.Considerable volume of people would have changed from investing in gold to bitcoins by that time.
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So what do you think? Bitcoin has dipped below 2000 USD cause of the panic sales people had for the oncoming aug 1 hard-fork,
Do yall think this is the only dip + correction we will see before august 1? And that we stay at the 2000 bottom,
Or do you think that the real price dip still has to come?
I think its hardly impossible for bitcoin to fall down below $2000 as we already see its price recovering and newbies regretting for their decision of selling bitcoins at lower price.Even bitcoin price may increase above $3000 after august 1.Those who bought bitcoins last week at $1850 were lucky enough to buy at cheap rate. |
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The crypto market cap is still relatively tiny.
I think that it would take a long time for bitcoin to reach $10,000.Already,it is struggling to reach $3000.We all expected last month that bitcoin would soon cross $3000 and it may cross $4000 by this year end.But Due to fear of hard fork after segwit activation,lots of newbies sold their bitcoins which lead bitcoin price to fall down to $2250.But now its recovering.So may be,by the year 2020,bitcoin price may reach $10,000. |
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As of right now, the bitcoin price is expected to keep going up in the next 20 years. But can it last that long? I believe it's possible. But can't it crash at a random time? Like the price going down hard.
Probability is that bitcoin could either reach very high price or it could become worthless.Bitcoin's price is now increasing due to its increasing demand.Demand has increased a lot after its legalization by japan and now more countries like india too are in the list to legalize bitcoin soon.Mass adoption of bitcoins is taking place all over the world.Bitcoin price could only crash when there is no demand for bitcoin.But we could not see such a situation now.So its hard for bitcoin price to crash. |
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I would like to join your campaign
Username: ekoice
Rank: Hero member
Post count: 1218
BTC address: 19dh4CDyyyk2afoqqLha5gKgo6J2Ep3wpq
Regards
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Good idea.I have just registered on steemit website and had not yet got approval link.Once i get it, i will post it here.
Regards
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How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Bitcoin has already survived eight years despite legalization. Till now,there is no such technology to supersede bitcoin.Since adoption of bitcoins is increasing day by day,its value would not decrease more. Only when quantum computing will be introduced in future after twenty years,the security of bitcoin might get compromised and bitcoin may die in such a situation. |
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hey...I want to know easily earn btc from online...can you give some tips about it...someone only tell me that earn btc easily bt they not given any tips...plz...anyone help me
The most easy way for earning bitcoins is through faucet sites.But the earnings will be very little.Good earnings could be got by participating in signature campaigns.If you have programming skills,know website designing,then you could earn more. |
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I would like to join your campaign.
Bitcointalk user : ekoice
Rank : Hero Member
Post Count: 1216
BTC Address: 19dh4CDyyyk2afoqqLha5gKgo6J2Ep3wpq
Regards
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Guys I know that there are previous posts and polls regarding the highly suggested source of bitcoin but things always change do I want to know what is the current best source of bitcoin nowadays. Please participate on this poll and kindly tell us why that's your choice. Thanks in advance and God bless us more  The best source of bitcoin is trading even before and now also.We could invest in a good altcoin and trade to increase our bitcoin.Mining has become more costly and normal people would find it difficult to buy ASICs and mine bitcoins. |
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I have all my coins in on an online trading site (paxful) (low volume)
I plan on making a large investment very soon, and want to safely store all of my coins
I.E I basically want to drop a couple thousand, and keep them in the safest possible way, where I can revisit them in 5-10 years or so and reap the benefits, or cry about the loss.
What is the best way to do this, and what's the best way of ensuring a backup?
How do you currently store your coins
thanks in advance for any inputs
To my knowledge,Electrum wallet is the best wallet to store bitcoins safely.We could set transaction fee manually.I have been using it for the past three years.No problem found yet. |
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I don't even understand what is going on. I sent 0.015 btc and paid close to 0.004 fee and still I wait after weeks. Yobit days it's coming through it's in the blockchain but nothing. Very annoying. 0.004 is $10 wtf. That's just under 30% of what I'm sending.
Heavy transaction fees is becoming a great issue in bitcoin.I too had suffered for even ten days before getting confirmed.But still,transaction fee is less compared to other payment options like paypal,etc. |
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In 2014, all the cryptocurrencies including Bitcoin was banned by the government in Ecuador. This was followed by the introduction of the country’s own digital currency, the Dinero Electrónico.
However, defiant Bitcoin users still continued using Bitcoin and other cryptocurrencies. In fact, Bitcoin use in Ecuador has spiked due to the recent price rise.
Do you think that the Ecuador government will freely allow the use of Bitcoin as its popularity increases?
Already china and russia have tried to ban bitcoins and they have failed to do so.So they have started to regulate bitcoins.Bitcoin could not be banned unless internet is banned.I don't think that Equador would be able to successfully ban bitcoins. |
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