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at this point i have only used bitcoin to buy things. which is one of the main things it should be used for. if the price is stable enough i might use it for storing value.
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it's great that people have something to choose from, but at the end it will be a personal preference. i personally don't need something like that as the need for it in the netherlands is very low.
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don't be too optimistic already. it's a welcome rise, but that's all. the real challenge will be the price being stable above $300 which isn't easy with so many people ready to sell the coins they bought at current and lower levels.
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i doubt bitcoin price will keep failing there is a support that stands on 200 dollars mark soo buying them now would mean they have potencial to go up on the next years
Buying it right now is the only good option as the prices are falling down so it is a great news for the new entrants who wants to invest in the bitcoin and we wish that prices should go up in the next years but you cannot be sure that it would become true as market is volatile and so is the bitcoin. bitcoin below $300 is a great buy. but just don't expect the price to double any time soon. it will take a year or more to happen. just buy and hold. |
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definitely not. i wouldn't even take a loan in fiat. it's the fact that i don't like owing money to some one or a company. that's a no go for me.
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i don't have a price in mind for selling my coins, but if i would, it would be at least +$800 but i will then most likely buy something with the coins.
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i started using bitcoin at the end of 2014 because i don't want to use paypal or skrill anymore. beside that, the technology has so much potential. it's also a solid investment.
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As my online shopping experience, some sites requires no confirmation to the transaction. So since the tx appears on the mempool almost instantly after broadcasted, and it will detect that if it is a double spend (if not, then it is a real tx). So some shops may do this.
there already are shops that don't require you to wait for confirmations. you get what you buy instantly. but i don't think they will do the same if amount is higher than $20-$30 |
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kraken is the best euro exchange. it's very easy and fast to deposit fiat to buy bitcoin with. their volume has been growing quite a bit lately.
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Will the prices gets stable if we all started storing the bitcoins and doing lot less short-span tradings? Where will be the bitcoin economy after 2-3 years? The criterias has to be made understandable to general users.
Especially if the exchanges get hacked and lost 70.000 BTC overnight ,which the thief will turn back to fiat. That hurts the price, but not just that. Many people give donations to charities which also turn back the money into fiat, instead of that, if you want to pay for charity pay with fiat, but not with bitcoin charities converting everything to fiat aren't any different than merchants doing the the same. beside that, the impact of charities converting everything into fiat is barely worth mentioning. charities have absolutely no impact on the price. merchants do. If someone is doing charity with bitcoins, then at this present time, that charity will have to be converted to fiat to make use of that charity. So I suppose in a way it is the part of the economy. i didn't say it isn't part of the economy. i only stated that charities don't have an impact on the price. unless people donate hundreds/thousands of bitcoins per month. which isn't the case obviously. |
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not yet moon time, but were ready for a decent price movement. what do people consider "moon price" nowadays? $500? $1000?
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Its about fucken time. Its good to see these twins get 1 thing done out of the way. Hopefully the etf is around the corner too?  usually they talk a lot, so i agree with you on this. this time their actions will speak. i hope it will lift bitcoin in general. the need for such an exchange is high. |
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at some point we will be able to pay for nearly everything with bitcoin. just a matter of time. would be nice to use bitcoin to buy drinks and snacks in the theater.
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it's all about money. no matter where the miners comes from, they are looking for profit. no one wants to destroy bitcoin while they can make good money.
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Will the prices gets stable if we all started storing the bitcoins and doing lot less short-span tradings? Where will be the bitcoin economy after 2-3 years? The criterias has to be made understandable to general users.
Especially if the exchanges get hacked and lost 70.000 BTC overnight ,which the thief will turn back to fiat. That hurts the price, but not just that. Many people give donations to charities which also turn back the money into fiat, instead of that, if you want to pay for charity pay with fiat, but not with bitcoin charities converting everything to fiat aren't any different than merchants doing the the same. beside that, the impact of charities converting everything into fiat is barely worth mentioning. charities have absolutely no impact on the price. merchants do. |
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We should all go see a movie with bitcoin that is about bitcoin! I'm serious though. I want to see a feature film about Bitcoin with big name actors (think like the Facebook movie) and I want to pay to see it with bitcoin. Actually, it would be cool if they made it something like half-off if you pay with bitcoin. How cool would that be!?!!?
it would definitely make people interested. but in order to get big names to play in a bitcoin related movie you would need to have deep pockets. |
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if you don't know how to trade, just don't do it. if you do plan to trade, then start by buying and holding it for a while. just make sure you don't invest in scamcoins. only trade bitcoin.
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I would like to expect that the price of bitcoin will rise with the halving but I'm not so sure.
lol, you must be trolling or seriously don't know what you're saying. it's all about supply and demand. if there is less supply price will go up of course. even when supply doesn't increase much from current level. |
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the majority of the people don't even own a single bitcoin. so totally not surprised after reading the article. it's not that hard to figure out.
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price being stable is more important if you ask me. it's great if you buy 1 bitcoin for $230 to see it is nearly the same one week later.
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