Bitcoin is better than gold in terms of investment, especially lately. Also I think that in the future Bitcoin will become even better. People know the advantages of gold since the beginning of trading and that's why gold has no potential to significantly rise in the future. Bitcoin, on the other hand, is still an unknown thing for many and hence the potential to rise with greater adoption is obvious.
I think we should talk about its usability, bitcoin can be used everywhere in the world (internet is now available globally). We can make millions of dollars in just 15 minutes, and anywhere, no matter how far away. Gold is just a decoration, it's worth a beautification, but it's not worth the technology. |
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If it is necessary to be in decentralized what may make it wider and better for the future.
think bitcoin needs to be decentralized, it has an impact on the development and existence of bitcoin, currently, bitcoin is being accepted by governments, which is one of the first steps to bitcoin decentralization. |
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I will continue to buy bitcoin whenever I have spare cash... However, I guess I will stop for awhile now to allow the market to stabilize and digest the ATH of $2063!!! Just can imagine that only a few months ago we were talking about breaking the ATH of $1163- an increase of $900 in ATH value in just few months!
Do you invest all your cash into bitcoin? It's a dangerous business, and there are many risks when we invest in something although it may give us a quick profit margin. A risky boy! |
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If bitcoins are illegal in my country they'll be worth a hell of a lot more. So who cares. If the government makes something as free as bitcoins illegal them they're God damn communists. Ignore all of the bullshit and make your own decisions.
If bitcoin is really deemed illegal by a government then you have to be really careful if you are dealing with it because you might end up in trouble in doing so and most of the countries are accepting the technology and will start accepting it,it takes time for them to understand how these technology works and upon knowing everything every country will legalize it. Currently, no country bans bitcoin. Bitcoin is like a underworld, it is not in the rules of many countries, or in other words, it does not exist even though it is used. This shows the freedom of bitcoin. |
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that is the media effect that will be with us for many years to come. many don't want to see bitcoin succeed because their profit is threatened. although if we want to be fair, this has been reduced a lot in the recent years. there was a time when most news was dark about bitcoin. now they are grey  Bitcoin is no longer excluded by governments, it is acceptable, and more user-friendly, its value is also increasing rapidly, which is great for bitcoin users. |
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Well, yes in many countries bitcoin is legal but in that case it is authorised and recognised by the governments in my country, government has not yet recognised the bitcoin in terms of law (not given legal status) thus it is misconception in minds of most of the people (thanks to the media) that it is illegal to use it.
It comes from ignorance of people. People have bad habits, when they do not know about something, they become scared, they do not understand bitcoin, so they see it as a ghost, they fear breaking the law. |
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Hi,
Since my friends have an idea that I am associated with bitcoin and I transact in it, they send me the stuff from the media if they come across. In most of the media pieces, bitcoin is mentioned as 'bitcoin is an unrecognised currency' and at that point, the people misunderstand that if it's not recognised (legal) yet then it's definitely illegal. I am bit confused, how to deal with such situation?
Best
Dudeperfect
I think that depends entirely on your understanding and ability to present. We all are legitimate bitcoin, it has been accepted by many countries and will be more. Although your country has not accepted bitcoin, but the government does not prohibit it, it's like something out of the law, it's unmanaged. |
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They will compromise. Fees are starting to get really really high. Fees now are giving miners almost $5,000 USD(around 3 BTC of fees) per block! This is insane. Miners are starting to make more money by mining Bitcoin than they were previously when the blocks were at 25 BTC per.
This is one thing that makes me feel bitcoin disappointed. We can easily see that we are paying a fee four times higher than before (in USD). However, we have to pay high fees while transactions are not confirmed, it is unreasonable for them to refuse to compromise to solve this problem. If it continues, I think I will use a non-bitcoin coin. |
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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 is an answered prayer to all my financials problem, aside from it is also a key for me to achieve all of my goals in life. And with it, I can had a chance to get a brand new house and lot someday. Sure, it gives us all the opportunity to make money, for bitcoin, getting rich is not difficult, but we have to know how to take advantage and get rich from it. Bitcoin has changed my life, everything becomes easy when you no longer worry about money. |
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Just need to form a few people authority and makes the change, it's not difficult. The problem is that each has his own ego and interest, and it definitely hinders the development and usage of the bitcoin.
They have self and selfish thoughts, they never think for everyone. Bitcoin is in trouble, and it needs resolution. Hardfork is very necessary. |
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It will take a lot to kill Bitcoin. Whatever happens, virtual currency is here to stay and the way of the future.
Bitcoin is not easy to kill. I think it will never die because holders and users will take care o it. And became it is virtual currency it helps now a lot of users here in this forum. Bitcoin can die, but now is not the time. At present, it is growing extremely strong. However, it has no owner, it is completely independent, it is developed by everyone. Therefore, people always make the votes when proposing the issue. |
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Yes I have one bitcoin, through my constant effort, I hope this year I can have 10 through trading in poloniex. Trading is not a simple matter, it needs great patience and courage. Hope you can have more than 1 BTC.
Good luck!
A great trader with a big goal, good luck. I would love to be able to earn 1btc in 2 months, however, it is too hard, and I am in the process of striving. |
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I Think an online platform for shopping that you can buy with bitcoin is a very good idea
The foundation of bitcoin is the internet data base, so buying online is an indispensable job. However, it is still not popular in the world, so it has not really grown. |
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Transaction fee is fair, because when the price increases along with the same the transaction fee value increases. Expecting a price increase and decrease in transaction fee doesn't make sense. In my view most users get the fastest confirmation but very few transaction get stuck to the lagging network making it unfair.
This is reasonable. Because the shipping cost corresponds to the amount of bitcoin we send. The less the smaller the fee we spend. This becomes an advantage when we shop for goods that have a cheap price. This is the reason why bitcoin becomes a revolution for payment in everyday life. OK, so many people complain about what they pay for transactions, but they do not see them correctly. Greed makes them do not see all the problems, even though they have to pay a high fee (USD), but according to BTC, that fee is reasonable. |
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hi;
i have 3000$ and what do you think? im going to buy bitcoins and i will wait for years last;
is worth that decision good ?
Buying bitcoin now is not a good choice. Bitcoin is too high, so it's dangerous. For business people, you should choose the right time, when bitcoin is low. You will make a profit. |
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well, I have no intention selling my Bitcoin at the moment. Usually, I use my Bitcoin to by altcoin when altcoin's prices are low. I only sell my Bitcoin when I dont have money in the real world. We all need to live haha
It seems notice the price of the Bitcoin will go forward more like $2000 cap in coming future, I think it will make quickly after seeing the marketplace situation. And it's right decision to hold it and only release it while its growing more or personal need. Bitcoin can rise and reach $ 2000, however, it will not happen at the moment, it needs some time to warm up the market again. The market has cooled down a lot when bitcoin is too high. That time may not be long, but it certainly will not happen next month. |
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For what's been stated by Op, there is no need to lose faith on bitcoin. This is a delusion that most users have as they always focus on increase and profiting. They cannot accept loss, the price falling down or the huge number of transactions getting stuck on the network is common. The same gets running perfect within a short time frame.
Very accurate, i like your look. They are too greedy, so they are always waiting for the growth of bitcoin and its value. They do not look at reality, they do not look at the market, they are so illogical about the power of bitcoin while its popularity is declining. Faith is not from what they can say about bitcoin. OP really wrong. |
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As we are already witnessing price rise. I think it will reach 6000$ milestone this year end. Do you agree? What do you think? What are the reasons behind this price rise?
It's hard to believe what you're saying. I think you should think hard before talking about anything. The $ 6,000 incremental bitcoin is an impossibility, without any factor that can impact and make that happen. An advice for you, look at the fact, despite the high value of bitcoin, its popularity is declining in the market, do not illusion anything similar. That's a stupid. |
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I have not seen anyone of my friends doing this job. It is very good, however, we dont have enough skill and knowledge to finish the job on time or attract a good number of people. Therefore, we decide to do many other things rather than affiliate marketing
It's a false thought, instead of thinking about your experience, you should find ways to do it. All of us have no experience, experience only comes when we experience, so, we will have experience if we start it. No one can say that they have experience if they have not experienced it. |
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I see that it is worth to buy bitcoins right now. You should buy bitcoins that you afford because the price is keep on pumping. Just like what I keep on saying to my friends, I'm asking them when they are going to buy, when the price is higher? And it's already on the go now the price is pumping and it is going to pump more.
The price of bitcoin may continue to rise, but at the moment it's at its peak, we can not predict anything, so it's dangerous if you buy bitcoin now, instead of buying more bitcoins. I suggest selling a bitcoin to make a profit, don't greedy. |
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