As of now Bitcoin is very useful the way It gives additional convenience to us ex. Buying online,paying bills,purchasing game cards etc. By the use of Bitcoin. Time comes that this coin have the potential to last longer and in future it would be an ordinary currency that everyone would use on everyday living.
That is the main reason why majority is adopting to bitcoins because they can transact online with very fast, safe, and cheap cost. In addition, it is only a form of investment which could give us fortune in the future. I think more and more people will use bitcoin due to its advantage to the conventional currency in the future. I agree wit you,people will use that currency because of it attractive features and there are more opportunities with bitcoin to earn bigger amount online so that is also a reason that people are adopting this currency with a fastest speed. i think bitcoin has the most attractive features of all the currencies that are out there right now, i hope that because of that bitcoin will be worth a lot in the near future this is a great thing,which also attracts many people to it. You can use bitcoin in many ways,you can almost instantly invest,but also you can send them to your friend which lives like 2000 miles away from you,and he will get it almost instantly. |
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BitCoin is not as reliable as gold (since it's relatively a new) if I want to invest a lot of money on one. I would rather invest in gold since there's a guarantee that the prices of gold will rise in the upcoming years.
I guess you said gold is more reliable because of the stable price and it is a long term investment but bitcoin still in a labile time because of the volatile price, if one day bitcoin has a stable price Im sure that no one can compare to bitcoin again and bitcoin will be threat to fiat Bitcoin now is more reliable than gold why? Bcoz if u have a lot of bitcoin you can buy a lot of gold. But if u have a gold do think you can use that to buy anything u want? I think no do sell your gold to make it cash but if you have a bitcoin you can use it to buy anything. So that bitcoin is more reliable to me. Bitcoin now getting higher so i do invest in bitcoin. Im reading your posts for like 3rd time,and i still cannot understand that logic. BTC is better than gold,because if you have a lot of btc you can have a lot of gold. LOL it is reversed also ,if you have a lot of gold you have a lot of btc,and what then? It is all about deposit,not btc or gold. There are many people,many playstyles,and everybody have his own. One prefers to go safe,then he have chosen gold,and the other one like to risk,so he is using btc. Simple,isn't it? |
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Actually I dont see anyone with a real steady income yet. In this signature campaigns you are not sure what might happen. Many dont stay that long and then what is next? Looking for another signature and it takes weeks or sometimes months.
how long we stay in the campaign doesn't matter, how we earned a steady income from it all those days is important, i think campaigns are the best way for regular income. i cannot get people who are claiming that signature campaining is not a steady,safe income. How this forum can dissapear? i dont see it possible to happen,because if probably bitcoin would dissapear for some reason (  ) then this forum would exist longer, and we would probably read here many many threads,with questions what have happened to bitcoin? haha  |
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invest is bettter for "growing" our money, we must thinking again about saving money, because inflation make our money value decreased each year..
i will choose invest if i have more money.
Like you said, you'll choose invest if you have more money. That means you have to save first before you can invest. There is no investing if you have not saved anything. You cannot choose any because you have to choose both of them. Saving amd investing should go hand.and hand. This is very smart,i wasn't thinking about this way bamboylee. It is true that you cannot invest without saving before yet,because i would say that if you do every-day real life job,and you get payed daily, you get back to house and you probably wont invest your saving's instantly,at first you will stack them at some account,or in some other place. |
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I don't spend my btc,because I have only 0.6btc in altcoins and that is very small amount,but sometimes I invest in the sport gambling sites like directbet.eu.
For me, 0.6 bitcoin is really big amount. I always spend my bitcoins on gambling sites like nitrogensports and sportsbet.io because i am a gambling addict. It's quite small considering you daily needs, the bills, foods and your family expenses. Just be patient, don't gamble your earning, your might as well collect larger than 0.6 BTC. If you want to spend it, spend it in an activity which have lesser risk than gambling. But if you love gambling then invest it in house pot. That way there is more chance of you earning than losing your precious Bitcoin. Excuse me? 0,6 btc,is currently 400 USD. And you are claiming,that 400 usd is not a lot of money considering all the daily bills,food,electricity,water etc. Dude,400 usd daily to spend,is a really big amount,you can live out of it without any problem and get some saving,and also entartainment. |
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Buying Bitcoins is always a risk and nobody knows, but I expect less ICO's so the focus may go to Bitcoin again.
Anyone purchasing bitcoin should be already at some standing ground has told themself to be okay with a loss at some degree. If not, then I wouldnt suggest it. The main focus should be though is, increasing your personal fiat cash flow to have a better purchasing power so you wont have to focus much on the bitcoin rise or fall imo. mrhelpfur is right,you cannot trade and expect that you will never suffer any loss. Losses happen everywhere,and they are pretty much usual in trading. It is more important,to know what do you need to do. Trading is about trading probability,so if you can get a good method,and stick to it,then it is not that hard to make some more. |
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We need to achieve a huge adoption before we can be considered as a strong currency and when that happens the government cannot do any bad thing with a huge volume of supporters because we will beat them for sure.
As of jan 2016 there are 100m users of bitcoin and is already a strong crypto currency. i don't see any reason why gov. would do anything about bitcoin, and what do you mean we will beat them even with (lets say) 70% of population is using bitcoin fiat money will still win. bitcoin is better of being an alternate currency than being the main one. 100m users? From where did you get this estimate? Isn't it tough to get an estimate because people have multiple wallets and addresses? it is pretty much impossible to check how much users use bitcoins, i think that bitcoin will be international currency as in the future there will be more people using it It is not possible as you said,but actually there are some kind of "cheats" that you can use to assume, how much people is using bitcoin at the moment.It is volume,but you can never say from it how many users are in btc industry,because one may have 0,02 btc and another one : 4 or even more :] |
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Traditional money in the near future will lose its function universal means of payment and will be replaced by electronic money. The main difficulty rejection of coins and banknotes lies not in the level of technology and in human psychology.
In e-money has a number of advantages and disadvantages. Banks and other electronic payments, bills and small change than financial institutions are much cheaper and easier to operate. The development of e-commerce further accelerates the process of eliminating the traditional money.
In the future it could happen, I know digital currency or e-money will rule the world as it gives us the convenience to transact online, and it would be easy to trace our transaction but paper money will not be out in the circulation. But even then, you're talking about e-money in a form controlled by the government. Our economy and banking system is largely electronic already, but the control of the supply is still down top-down, from the Federal Reserve and the banking institutions it oversees. That is the reason for bitcoin cannot be a future for paper money,at least that is my theory. It cannot be,because bitcoin isnt controlled in anyway,by anyone. So goverment would not let to erase the paper money,to get some crypto-currency,that they cannot even control in any way. |
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If you want to buy a house when BTC price increases, then you should buy a house. If you don't want to buy a house, then you shouldn't.
What a strange logic,wow. of course im being sarcastic right now,but i think anyway cast112 is right at some part,if you dont want to spend these bitcoin's on the house,then just dont do it.However i think i would decide to spend it on it,because house price is a pretty stable investment,and also having house without mortgage,feels great. |
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bitcoin long after the bottom is established, like it is right now, 350(i think 380 is the new real bottom now) is the rock solid bottom going long above this is a guarantee of 100% profit
The best investment strategy that I can think of is that you should buy when the price is low and sell when the price is high. This way you can make a profit buy selling them for more money then you actually bought them for. how it would be a good strategy if you're saying that every price down is the low price? I think it may not necessarily be a low price dude We have our own perception on the BTC price, others will say that it is high but we say it's low, what matters is we apply the principle of buying low and selling high and the bottom line must be evidence with profit. That is our main goal in investment, we want to make money and it is even good if we can make it in a short period of time. Regardless of our method as long as we follow the basic principle surely we can make money. You are right Zooplus,but only in some part i think. It is really important what is your method to make profit in trading,it actually depends on it if you will get your prediction right,or not. But i have to agree,that if you can always stick to some good method,you will get great results. |
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If bitcoin had a stable price it would be popular. Even if the price is stable or not the popularity of this bitcoin is not too much popular. Because many people dont know what is bitcoin. Many people dont need to use it. Many people dont have care about bitcoin. However it is not too much popular right now in the future i think this is the most popular coin even if the coin is not stable price.
To be honest I do not think that Bitcoin would be as popular because most people use it as an investment first because then they can make money. If that was not the case and you can only use it as an investment not many people would use it. Im not sure about if you are right,because you have to remember that most of people are doing anything in the internet, not really because of getting some fun,but usually to get some profit. That means they would not let theirself lose a great opportunity to make money,but anyway small btc players get attracted by a price volatility that btc has. |
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Too bad that BTC price is now at $654/btc. It's quite a drop form $750/btc.
It depends on how you look at the price.6 months ago, the price was around $400. Now the price is $650. The thing is that even really big time frame,is only a part of even the bigger time frame. What means that the trend you see on chart,might be just some pullback in the other one,much more bigger than the one you are thinking about. |
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I should never sell my bitcoins ever because I hold it, and waiting to prize high, then if reaching my standard , that's the time I sell it , for the better, then I'm using it for the long term investment for my financial freedom and retirement.
We should keep ourselves engage in selling our coins when we see higher price to secure our profits, there is no use of investing in bitcoin if you are never gonna sell your coins. I do not see why we should never sell our coins because how are we supposed to make money then, I know that most users are holding to sell in the future. I like to sell in the mean time because I am not going to go all in and put my hopes on the future. You cannot say that holding bitcoin on a really long term ( let's say for example,5-6 years ) is an all in,or "putting your hopes" on the future. If so many people are doing that kind of investment on btc,it means they do not predict bitcoin collapse,before the end of their investment. |
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yesterday i heard that using of bitcoin illegal in Taiwan i don't guess why in some country its legal and in some like Taiwan is illegal?
A mumbeeptind said,i also think that it could be because many people in Taiwan were using it for a wrong purposes, instead of trying doing anything else with it. But we cannot say for sure,however i think that there are governments like this one banning bitcoin,because it is a currency made by not a country,or some government,but just made by a group of developers. Im sure a lot of persons,politics and bankers dont like it. |
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Start saving whatever you can set aside NOW, in BTC of course.
thats a great decision to make, in my opinion in this way you can make a lot of money really easily by just sitting and waiting for big price growths that will soon happen hopefully I think the price changes will not make you rich. unless you buy bitcoin in the price of $ 1 a few years ago and you could sell this year when prices rise yeah but we care about present and its very hard now to get rich with its price but also who knows bitcoin could reach 1 mil soon in few decades  Bitcoin will not make you rich. Sure some people will get rich with some bitcoin project, but buying and holding bitcoin will not deliver the same amount of millionaires as we have seen in 2013. Go get rich by working hard. I would say that you are not right actually. you can become rich from trading bitcoin,and other altcoins,but it is really hard and it is possible,but as you said "working hard" will get you there,so you can choose this way right? However you have more ways to earn a lot with bitcoin,not only doing btc projects,but selling wares for them,you can also open a shop, start some service,offer your skills,anything really. |
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I am using bitcoin as I believe that it’s not only the medium of transaction but also a technology which is base of future’s economic world. Especially when it comes to value of currency of digital world, we should be able to use it without any restrictions and control. I am not in the favor of tax evasion but frankly you can’t trust governments. So I’m okay with paying taxes but I can’t accept any kind of external control on currency that I use. So I use bitcoins for all these things and that’s why it’s important to me.
I really like your thinking,that we can not trust goverments. My opinion is actually the same,i love using some currency made not by a government,but made by real people,who were looking for something different. Also the another great thing with btc is as you said,it is not controlled by any people,so we really see what is happening with it without any manipulation. |
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I will like to receive my salary in BITCOIN only if I will not have to pay for the things for which I will have to pay with fiat, as for that I will have to convert them to fiat and then I will get that fiat by banks so it will take a longer time.
No way not me. I am surprised you. Maybe you have no steady bills but if you got steady bills but if you have then you would have said not because 1 bad month of the price and you will be in debt. It's hard to live with this kind of security. You are hundred percent right Etalia,that what i was talking about in many threads similiar to this one. If you get salary every week let's say,and you will get it after a really big rise of bitcoin,you wont get many bitcoins right? And what will happen if the price will go down there? then you would lose really a lot... |
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Statistically, more people have got rich using USD than BTC.
If you want to increase your chances of getting rich, use USD.
Maybe there should be a thread listing people who have become rich from bitcoin. I bet the list is not very long.
Do you mean using "USD" like going to job every day,earning just regular salary in USD,is that what you think about? or i just got it wrong,and you mean about investing into USD and other currency? because if you are talking about the second thing, i think that bitcoin is better to trade with small bankroll,because of the big moves we see on it's chart. |
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The things i like in bitcoin is to send money to my family easily and takenot without any fees unlike the remittance center and also i can earn in bitcoin for free even it is small amount its really big help for me.
agree with you , you are right the bitcoin transaction is very much easy and faster than other transaction and its transaction fees is very much lower than other currency and same as you many jobless people earning bitcoin and really its amount is small but big help to everyone . I agree with you KingdomHearts,and with you Madwica,i also think that bitcoin is really great because of it's transactions,fees are low, and most important is that they are fast,and you can convert btc into some fiat in any place at world. i also like that bitcoin makes opportunities for young people, to get some little profit,to cover their needs if parent's cant,or dont want. |
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Its upon every users need and make decision of when to spend. When one is satisfied with a small profit they might even sell at $500. So nothing to be serious with it.
thats true, though i think it is way better to hold your bitcoins for later prices, most of the people are holding right now and i think that because of that they are not too stupid We can see that volume gets higher and higher,but pretty funny thing i have observed,was that about 2-3 days just before halving,i have seen the volume getting lower and lower,and i still think it was because of people holding their coin's to sell them,after spike which many of them was predicting (freshly after halving)  |
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