When people don't see a big incrase of the price since some months, they jump in the opportunity to say bitcoin is dead. When the price incrase by 10% they change their mind and say, in bitcoin i trust lol. If the price doesn't improve or decrase from time to time it doesn't mean in any case bitcoin is dead or other. They read too much magazines like the washington post, forbes, ect.  Even when they see the increasing in the Bitcoin prices last month, they will still claim that Bitcoin is death because they believe that Bitcoin is not worth to use and Bitcoin suppose to disappear. Fiat has seduced them and there is no way to change their mind. Damn. It is not good at all and you have to accept that truth. Not all of the people like BItcoin If some people have decided the animosity towards the bitcoin then there is no way of changing that. These people will sooner or later realize that they have missed the train long time back. For those thinking that bitcoin is dead, current price swing is slap on face. in fact bitcoin is one of the most popular currency of the world and hope that it will remain as number online currency and hope that in future it will also be use as fiat in local shops and then we will not feel the need to use fiat even for shopping in physical shops because then we will be able to use bitcoin for completing all our necessities. |
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I use the same frequency, and Fiat and cryptocurrency. I'm not hostile against the national currency. I think that it will exist for a long time
actually still a very little number of bitcoin users know about bitcoin and most of the people are still believing and depending on bitcoin therefore fiat will still continue and will exist may be in far future when all the people of the world will start using bitcoin then it can be possible for bitcoin to replace fiat. |
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Investment is completely based on company whereas saving is completely based on us. Because we have to save our money to make a peaceful living in future. We have to take risks in life but only when we have enough money with us.
So what's your recommendation? But both are good, investing and saving. Both of it are useful. You just need to choose which one is perfect for a certain situation. Usually saving is easier since the money is in your hands and you are in control of it, the bad thing about it is that you may spend it any time you want. That is the advantage of investing, you are not in the position to spend your money, unless you withdraw your investment and save it in your wallet. One way to know if which one to be done first is by assesing your self, "can you live without holding that money?" If the answer is yes, then invest it, if NO, then save it. We must always have some money in hand even if we don't need it right now since emergencies could happen and if your money is invested for the long term you may be unable to access your funds when you need them the most. i think you should keep such amount of money in your hand that you consider as enough for your emergency, while the rest of the money should be invest in some profitable business, because we need to increase our assets if we want to survive and lead a good and standard life. |
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Okay, we got many predictions about bitcoin, but what do you say for gold and silver in next 5 years? Any chance to fly it to the moon? What I hope for is silver getting to $50 per ounce in that time. For some it may seem like a joke, but I sure think its undervalued right now, and it would make me a decent profit  The gold or silver price will only rise according to the inflation. They are already big. I agree that. However, the increasing proceed very slow and I doubt that gold can double its own prices in the next 50 years. As you can see, Bitcoin has tripled its prices since the early 2016 and we have to admit that Bitcoin is now better than gold or silver. If you want both defeat the inflation and earn money, you should hold Bitcoin instead of other types of physical investments in fact gold is too much stable and there can be very little increase in the price of gold therefore investing money in bitcoin will be a good decision. and hope that you will get a good profit from it in a very very short period of time. while investment in gold is a safe investment but it cannot give you a good profit in such a short period of time. |
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my strategy for investing is very simple, we see the market, we want to first determine the long-term investment or short-term, after the new tau coin we find where the more crowded the market is to buy low diharga hold until prices up bru sale
It may seem simple but I think the profit and loss statement are the chances the same. the most important thing is there is no guarantee by using your strategy like it's always get profit, better hold bitcoin and wait until the high price that we sell. Currently it is a good strategy to hold bitcoin for a longer time. As the price of bitcoin is now trading above 1100 and it was already expected that the price is going to cross even its all time high price in a very short period of time. And now we can see that we care very near to that point. I think still its time to hold bitcoin and not sell it. Holding them is a good way to make profits in future but some of them should be invested in trading to multiply bitcoins in a quick them along with making regular profits but if you don't want to take any risk then best choice to simply keep them safe in wallet and sell when price goes higher. i think a very little portion of our income should be hold because investment is more profitable while only holding can decrease the value of your money. but if you will invest your money then the value of your money will increase more and more. therefore investment is more good that holding. yes that is right to say, investment is really a good way of increasing our assets, i also have invested my 70% assets in different place in which i also invested some money in bitcoin. i am holding a good amount of bitcoin for the price increase as i am sure that very soon the price of bitcoin will increase too much and i will get a goo profit from it. |
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I have many friends who are willing to sell all their savings Bitcoin because of what is now the high price of cryptocurrency. They bought Bitcoin for 500 and for sale in 1100 for them to be profitable. But they do not because of the panic, but because of what is considered a logical sale
The bitcoin price will rise again. So it is better not to sell. It's obvious that the price will rise again and that's for sure that will happen for the next months. As of now, the price is quite calm at $1,170 - $1,190+ and if we we'll just be patient we can harvest the profit that price will increase soon. I regret that I sold some of it when the price was lower than $560, a very bad move for a panicking trader. you should never regret selling bitcoin as long you needed the money. otherwise in case you don't need the money and sell the coins just because price looks iffy you are making a big mistake. of course you may also be selling if you think price will come down tomorrow and you plan on buying cheaper coins. yes i also agree with you i think selling bitcoin in present time when the price of bitcoin is increasing continuously, will be a big mistake. i will never sell my bitcoin in the current price because i am 100 % sure that the price of bit wil cross 2000 USD level very soon and we are going see that price of bitcoin trading above 2000 USD in near future. |
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I use the same frequency, and Fiat and cryptocurrency. I'm not hostile against the national currency. I think that it will exist for a long time
i also think so that there will be not a single person who will not be believing fat because we are still depending on fiat for everything and still those people who are sing bitcoin are also depending on bitcoin and will continue believing bitcoin until bitcoin become able to overcome fiat and provide us all the facilities that fiat is providing us. |
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This topic is started a really long back but the recent price of bitcoin is the right time to book some profits if you are holding your coins for a very long time.Since i am not holding any bitcoin at the moment i can comment anything .  I sold my coins when the price crossed $1000 and could not get the chance to purchase it back. i do not think that it is the right time to sell to me i think still there is still some more time to hold bitcoin and book some more good profit. i think the price of bitcoin will increase more may be reach to 2000 USD in next few moths and that is the reason i think it is not the right time to sell but to keep holing will be a good decision. |
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the future of bit coin economy is only predicted by users that how much users are adopt in bit coin which is only possible by demand of bitcoin .if its demand increases then so many people will have to accept it otherwise not.so we can say that the future of bit coin is directly proportional to users.
so in this regard we can see that then number of bitcoin users are increasing continuously therefore the demand of bitcoin is also increasing and we can see that the price of bitcoin s now trading above 1200 USD that is the remarkable recovery of bitcoin after a long long time. hope this time bitcoin will continue increasing its price for a long long time. |
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You have freedom to use bitcoin but in limited places online since still few website or people are accepting bitcoin as payment.. but we are growing and hoping like other said to accept bitcoin locally.. but i doubt that government will not let bitcoin to use locally instead it will be mark as illegal currency like in other country.. hope they can make it as legal currency..
we can use bitcoin online in a wide range. i think now most of the big and small online shops are accepting bitcoin, there are so many other online business which are also accepting bitcoins, while in physical shops the use of bitcoin is a little slow but hope that very soon we will also be able to use bitcoin in our legal shops. Online shops that are only located in big countries for sure, I have not seen their presence in our country despite the fact that bitcoin was already recognize here. Bitcoin is recognize as a payment system in our country and we are oblige by the local exchange sites to comply with the ruling of the government. I see this action of the government will result to a positive effect on the economy of bitcoin as this is the beginning big merchants will be more confident to use bitcoin as their payment system on their business. Let's just wait for the right time and watch how the economy grow for us. currently big shops are accepting bitcoin for shopping online. while in some area even the physical shops also accept bitcoin for shopping but only in such area where the users of bitcoin are more and the shopkeepers also have sound knowledge about bitcoin. but in such area where the shopkeepers are ignorant about bitcoin they are not ready to accept bitcoin for shopping. |
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i want to join please
Btctalk name: whizter
Rank: Sr Member
Current post count: 555
BTC Address: 1GRAZcdZ1qGjs7nSyD5mVmF1e1TPFkNBF1
Wear appropriate sig: yes
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Investment using fiat money in a business is a better option to have but if you would invest using online digital currency which is the bitcoin, its better to be anonymous with your investments at altcoins trading and also with peer to peer buy and sell of btc.
Of course you need to invest your fiat money for any business and there's no business that you can invest freely? Depending on what do you think that will make you productive, whether it's with crpyto currency, trading or buying and holding bitcoins, go for it. But if you think you are going to be more productive with real business like properties, its good too. Real world investments are always better then online investments as when you invest in real world you are into one to one agreement and chances of getting scammed are lower which is totally missing in bitcoin investments as majority of investment sites turns out to be scam in long run. We can compare real world investment with bitcoin investments and I would say that they are both the best depending on what investment you are going to enter. And of course in investing the more investments that you are going to make that will always be the best thing ever. Depending also on your capability to invest. in fact different people have different experience in their own field. in real life it is really very difficult to invest your money as you need to find a good and trusted form where you want to invest if you want to start a business for that you need a shop and in big cities it is not such an easy job. therefore for financially week people online investment is the best option. And I do believe that the money always goes to money. If you were born in a rich family then you have all chances to become rich. If you were born in a poor family your ultimate dream is to become a top Manager in a large company. yes that is right actually rich people can afford the risk of losing money as they have more and more money therefore they can take the risk and so they have more chance to make more and more money. |
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I don't think Bitcoin will ever replace the dollar or euro. One of the facts is that it's price is very volatile. But I do think that it will become mainstream one day.  i think its possible that bitcoin will replace dollar sooner in the future because bitcoin getting much more popularity and bitcoin users increasing quickly and i hope bitcoin will be replace sooner to dollar. yes it is possible but only if all the people of the world will start using bitcoin and i think it not possible in near future, therefore it will take a lot of time to replace dollar. |
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...
I agree with you, Fiat will still dominate this world because of the fact that they are controlled by the government. Also the government can shutdown easily Bitcoin, one good example is eliminating all Bitcoin Wallets rendering your Bitcoin useless which is one good possibility. Bitcoin will never take over the place of Fiat as simply Fiat is a more accessible currency to all people.
But with bitcoin popularity increase day by day , it means that bitcoin getting notice more and more and it's impact on fiat existency I think it's not impossible for bitcoin to replace fiat on the future, only matter of time I'm not sure. Fiat will exist both in physical and digital format, and bitcoin will stand by and spinning only in its plane. Today, bitcoin and Fiat are not competitors, because each in its own sphere. but i think it is the need of the time and it must be present in both form i think every government will thinking about starting their on digital currency and specially such countries who are not ready to accept bitcoin as legal currency. |
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IMO, at 2019 since bitcoin will reach another halving and I'm sure more investor interest on bitcoin especially Chinese people like they did on early year 2017
Bitcoin have hidden potential as investment , more than you can imagine !
yes i am also hopping so that in future the price of bitcoin will increase more and more because more and more people are entering in the world of bitcoin. |
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Cannot guarantee that everything will be accurate, we all know that the price of the bitcoin can be controlled, when have the control to feel lucky, then they will sell bitcoin then bought it and like it. I think, though profitable, but do bitcoin made a major investment.
although there are a lot of experienced people who are predicting about the price of bitcoin but still there i no guarantee for that. i think not a single person can give guarantee about their prediction for bitcoin. |
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of course I think that bitcoin has a tremendous opportunity to have a high price, especially if it's only $ 2,000. I predict that within a few years, bitcoin prices will surely rise to the height, followed by the addition of many bitcoin users. maybe it will actually happen at the end of 2017.
Yes it's very possible that the price will ever be reaching to $2,000 but as of now seeing the price of bitcoin. It will happen but it will be on a slow progress depending on the market. It seems that bitcoin is now on slow motion on increasing and that's a good thing for all of us which means it can possibly make to $2k slowly. As per market trend of any commodity, the slow fluctuations are base for next rapid rally. Hence we cannot expect same level of slow progress till we reach $2000 levels. Market may surprise us at any time. In other words, market will keep same level of growth like it will show same 5% appreciations. 5% when bitcoin prices at $1000 will not be same when bitcoin will be trading at $1500 levels. Also, it is always expected bitcoin's mass adoption will follow exponential growth. That too will support rapid movements toward $2000 levels. Yes market will always do something new and surprise us anytime. And if that 5% increase of bitcoin is going to keep on happening. I'll be very patient for it. But I preferred the slow increase rather than rapid increase. I want secure increase and stable price of bitcoin to reach on that level. yes we are also expecting so and wait for the price to increase more and more as there are more chance for the price of bitcoin to increase more and more. |
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As I had encountered that day by day more people are joining bitcoin inspite of its sky rocketing price and day by day more and more government and other agencies are coming against bitcoin so will bitcoin stay alive and will it be able to invite new user in the network?
Yes definitely it will if you see the main direct rival of bitcoin is china. I don't about the Chinese as most of them seem so scared when they invest so when they hear so weird thing that it is risky they sell it. But around the world many countries are supporting bitcoins as I saw a news that dubai is investing in blockchain technology and more and more online businesses are adding bitcoin as payment method because of this more people can will be aware od bitcoins and slowly it will keep increasing. i think "trap" is not suitable word to be use for bitcoin. to me i think bitcoin will attract more and more uses to invest their money here, in fact bitcoin giving suc opportunities to its users to make more and more money . |
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than price is goes above 1 lac USD
$100,000? No. Not that much. I am sure that at least 50% of the Bitcoins in circulation will be sold if the exchange rate reaches $10,000 per coin (even that may be a very conservative estimate). So at a maximum of $10,000 per coin, 8 million coins will be brought for around $80 billion. It is much higher than the $10 billion figure quoted by the OP. So I assume that the exchange rate may rise to a maximum of $2,500 or $3,000 per coin. yes that is really reasonable increase.i think 100000 USD for one bitcoin do not keep any sense. i think that in next few months the price of bitcoin will cross 2000 USD and after that it can reach to 25000 USD level. |
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Fiat money also change every day, we don't just notice its changes because fiat on FOREX has 4 decimals 1.2345 the changes that occur on fiat money usually are noticeable only by traders. It changes every day and the slightest chance can make a trader profit for more than a hundred already. This don't happen on BTC and other crypto because the marketcap is just billion. FOREX are trading trillions of money everyday.
Due to that fact, most of the people the not care about the change in traditional currency. It is not significant to be noticed about. That's why more people are paying their attention to Bitcoin and buy it as a type of investment. The more fluctuating Bitcoin is, the higher chance they become rich in the future. actually traditional currency is under the control of government and they try their best not to let their currency down. while bitcoin is a decentralize currency and is not under control of any one and therefore it is purely depending on the interest of the people if people are taking interested and they are holding or buying more and more bitcoin then the supply decrease because of the increasing demand of bitcoin and therefore we can see a lot of fluctuation in the price of bitcoin. |
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