I choose bitcoin because i can earn money with it and also there are many opportunity to get rich with bitcoins. Not only bitcoin but also other cryptocurrencies. Bitcoin is my main pick because the price is the most expensive than other altcoins but i hate the fees, it's so big for bitcoin
In my opinion, all the investors and people including me who opted to invest their money into bitcoin planned to do so because of the reason that they really know the worth of bitcoin more than anyone else. They really know this thing that investing in the bitcoin is the only thing which can assure them to have a bright future in which they will be able to live a comfortable life of their own choice. Bitcoin suddenly appear to me. I don't choose Bitcoin. I think Bitcoin choose me. 2 years ago, I came across Bitcoin in the internet. At that time, I didn't really know the valuable of Bitcoin. I just kept investing Bitcoin because I really needed money. I didn't have anything to lose. Therefore, I bought some coin and didn't care Bitcoin is a scam or not. |
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If ever the time comes that internet goes down, then most probably bitcoin network will also go down. Bitcoin is a digital currency, which means that it only exists, somehow, in the digital world which is, by the way, powered by the internet. Your bitcoin account and wallet may not be harmed and still be intact, but you will have no way of accessing it.
True. If internet went down, there won't be no sign of Bitcoin's life in the world. Your Bitcoin is still in your wallet for sure and it won't disappear. However, you can't take it out anymore. Bitcoin always go along with internet. Internet is life source of Bitcoin. The point is internet won't never goes down. |
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I know a lot of people have different reason why the love and embrace bitcoin.
For me the decentralized nature of bitcoin and the thought of being able to send coins to anybody in any part of the word, no third party, no regulation(specific amount), no bullshit is mind blowing.
The value of the bitcoin really impresses me. The reason why I use bitcoin because I saw that the bitcoin is so valuable today. I think that it is better to have bitcoins today for us to have a great future. What impresses me most about bitcoin is the price that easily goes up.When the first ime I heard bitcoin the price is not as high as the price right now.And bitcoin is easy recognized by people and now they are already earning bitcoin. Bitcoin gives me a lot of knowledge about it. After investing Bitcoin, I gain more experiences about trading Bitcoin. Secondly, Bitcoin spread its popularness around the world very fast. The way of its price goes up after falling down. Bitcoin is an amazing cryptocurrency. It gives so many hope to many people. That's what make me impress about Bitcoin. |
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today the price of BTC is down by -36%. For those of you Bitcoin owners what are your plans in these circumstances? - Hold your Bitcoin?
- Selling Your Bitcoin?
and would you like to give me a reason. thanks.  Of course Hold your bitcoin! We must have a wise decision before getting into action. People are scared but it's normal the chart is very healthy. i could see a good pump very soon so hold into that! Holding will be your best way to keep your money now. Bitcoin is a digital coin that can increase again even it falls. There are many people panic when Bitcoin decreases and the result that they sell their Bitcoin. Then they loss. That's why trading requires patience and resoluteness in every step you invest Bitcoin. |
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I'm not even have real plans to make the bitcoin very popular or something, I just want to use it in my daily life that would be awesome.
I think that I can see that as one of my plans with the bitcoin.
A good plan and even your plan almost resembles the plan I have planned so far. I'm planning a very popular bitcoin and I want to use a daily dala for my family and then some of it I will be investing for a day. True. I use Bitcoin to buy something I want that I can't buy in the past. I use it to pay cost of living. Things that I use everyday. However, I still invest Bitcoin to get more money to buy a house. I just only convert Bitcoin into money when I really in need. My point is still getting more and more Bitcoin in the future. |
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It depends upon on the situation of the poor and needy. If I found out they're willing to learn and earn and they have nothing. Then I will not just donate Bitcoin but rather teach them how to earn and use Bitcoin in a proper way.
Yes I do because I know that how bitcoin can help them as bitcoin is helping to the rich countries same its helping to the poor countries as well and I think everyone must donate bitcoin because I know there are a lot of poor countries who even don’t have clean water for drinking and in some poor countries bitcoin is trying to reached there and I’m sure if bitcoin arrived there so it will help them a lot because its price is very high there. Bitcoin is giving hope to many people around the world. It also pulled me out of the darkness when I was really hopeless. However, I still have knowledge, I have computer, smart phone that can get access to the internet and invest Bitcoin. The poor, they have nothing, there are also many people who don't even go to school when they was young. Yes, I will donate Bitcoin for the poor and needy. |
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I think the popularity and efficiency that will make bitcoin survive in digital currency. In addition, bitcoin also must solve the problem of delay in delivery, occurring for some time.
Yes of course, bitcoin is a digital currency and it will last longer because it’s mining and trading is high and most of people are doing it. So, there is no chance of ending bitcoin and people are investing their money and buying bitcoins, so it means there is no end of it. You can fearlessly invest your money in it because it is the only 1st top rated crypto currency that has the most mining and trading rate. So its ending is almost impossible. Many countries banned Bitcoin. Government even put their citizen into jail if they do against the law. If no country accepted Bitcoin, it would die. Secondly, internet around the world is cut down, put the world into stone Age again. However, it will never happen for sure  Therefore, Bitcoin won't die |
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What will happen if people just stop buying bitcoin? Will bitcoin be as usable as now Or will it be a step towards the end?
How will the market value react to it, people wanting to sell bitcoin but there is no one to buy.
Of course bitcoin value will go down, if people stop buying bitcoin. But this should be for obvious reasons, why they stopped buying it. If they stop buying because of the high price conditions, chances are they wait for a low price to buy it. Or maybe there is another reason you think? Price of Bitcoin definitely will goes down nonstop. Bitcoin will become invaluable like it used to be 7,8 years ago. At that time, there was a person who used 12 Bitcoin to buy a pizza and he didn't realize the benefit of Bitcoin 8 years later. However, I think this situation will be very hard to happen. If it was, it would happen in 100 years later  |
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I decide to buy 2 bitcoins with in this week.. Its valuable ? Am I late ? Waiting for your replies ?
No, you are not too late to buy bitcoin let alone the bitcoin price is currently down, so this is a good time to buy bitcoin and wait for the bitcoin price to go back up. This is really a perfect time for you to invest Bitcoin. Bitcoin has a low price now. If you don't buy Bitcoin, you will regret for sure because Bitcoin's price will come back in any time. You don't know what times? what day that Bitcoin will increase again. Maybe right after you write this post, Bitcoin's suddenly goes up and you know nothing  |
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Of course it is a high risk to turn all of your money to BTC even though those money only stay in the bank for low interest.
I strongly suggest to invest about half or less than half of your money to purchase BTC right now or lower price.
For long term, those money can make better profit than just stay in the bank. Whereas in short term you may make a wrong decision by price goes down of BTC.
So do not take too much pressure such as turn all of your money in bank to BTC.
It will be very bad for you if you lose all of it. You had better have knowledge about trading and be good at trading stuff. You also need to have experiences. If you get all of that, don't afraid to turn all your money to Bitcoin. It also depend on luck too Be patient, keep calm and start investing, bring money to your family. |
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why some country banned bitcoin?
is there any problem? i know that bitcoin is international crypto currency. but why some country banned this cryto?
There are different problems that government are facing in other countries and because of that , Even cryptocurrency can affect the economy of every country. Bitcoins can be used by everyone even those people who are creating illegal transactions such as drug laundering through bitcoins and government are afraid of that kind of problems. If many people use Bitcoin, unit of currency in their country will lost price. Bank will bankrupt, government afraid of that. Secondly, Bitcoin does not have limited, everybody can use and transact it freely. That's why government in some countries banned Bitcoin. They have to make sure crime won't do something badly through Bitcoin. , |
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What do you think a about it? is it good or bad for bitcoin?
Well I think the rising of community of bitcoin has a good impact to the bitcoin itself. Of course its like also the principle of product distribution as the consumer needs gets high its price or value also gets higher. So on my own opinion a rising of bitcoin community will be good not for the bitcoin also but for the user and trader. Is the good sign for the future of the bitcoin community is rising on the market.. Because thier will be more investor will eagerly to invest thier money in bitcoin digital currency...and for us we can also benifited...so we are so blessed that bitcoin digital currency isy in line in our daily lifes...for our future now bitcoin is a big help for us to change our lifestyle from poor to riches. This is a good kind of investment. I am very happy to hear that. It's mean Bitcoin is developing very strong. If many people know Bitcoin and start investing it, it will be a good sign for us, we will get huge profit in the future. I want Bitcoin to be more popular and spread to every country in the world. Bitcoin is hope. I think children should know a little bit about Bitcoin through studying. |
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Should I invest in Bitcoin?
You should ask yourself whether you want to invest or not. I'm not sure but maybe you are wanting to make a profit from investing btc but you are afraid of the money you will spend. I think if you want to invest, invest in a small amount of money and think that you actually lost that money. If you are willing for investing your money into bitcoin, then you can go for investing even more money than that of only 1% into bitcoin. Investing more money into bitcoin will actually help you in having more money in the days to come. In addition to this, it will also help you in having more chances of having a comfortable life in the future. Investing in bitcoin will definitely make you rich. I guess you should add your investment at least 10% of your savings. I think this 10% of your savings is already enough to get a profit that you aim for, and besides just believe that it we'll get profited because it was the bitcoin's promise you just needed to worked it hard and have patience. If you are a newbie, I think you should invest the others cryptocurrency. There are many digital coin which are about to go up in the future. Bitcoin has a high price now so it will be very hard for newbies to buy and invest it. If you start trading Bitcoin in the beginning, you will be failed in the future (You have to have a lot of experiences about this "job") |
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Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...
What's your take on this, should I go ahead and quit?
Thanks
I don't think it's a good idea. If you're going to quit your present job to focus on bitcoin, you will be more open to any potential risks that may occur anytime. This risk may occur during a failure within a campaign or a scam wherein not having a job will surely make you helpless since you're not going to earn anything from it. If you are planning to do such things, make sure that you have plent of money. I agree with you. Trading has a lot of risks and it is not stable. I think you should continue your present job and Bitcoin maybe will be your part time job if you want to get more income. Moreover, trading Bitcoin require a big investment capital. Therefore, If you have a small amount of money, you shouldn't invest in Bitcoin. |
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you can invest your bitcoin and you can earn and earn more money. and bitcoin to stand for business and family support.
Bitcoin is way more than money. It will keep you safe from many threat which can steal your information and use your information for many bad activities. Becoming anonymous is one of the best feature of bitcoin. moreover, bitcoin is faster than any kind of paper money and visa if you know how to set an appropriate fee. It takes us less than 5 seconds to teleport our money from China to the USA but it will consume a huge fee |
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for me bitcoin is simple do not have to bother looking like atm must use identity card when register and other terms, while bitcoin anyone can register to make wallet, five year old child can use bitcoin if he know how to use it
Yes, it is very easy to use bitcoin but it is wise to not let the kids to use bitcoin because they will just make some messy things that will result for them for being messed up and doing a lot of mistakes that will become a reason for them to lose money. Bitcoin is a really great type of investment and because of easy use it can be use by almost all the people if they have the knowledge. Yeah I agree. It is hard for a 5 years old kid to learn about new tech and use bitcoin. And most of all, do not force them to learn what money is or what bitcoin is. They do not need such kind of things. JUst let them do what they want to do and do not let them interact with money. It will destroy their childhood as well as their emotion |
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There are many banks in the EU accept BItcoin. If you live in Europe, I can say that you are living in the paradise of bitcoin and the cryptocurrency. More than banks, there are many stores and places where you can use bitcoin to buy things and goods. In the US, you can even buy cars with bitcoin. IN Dubai, retailers accept bitcoin as a payment method for apartment
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Maybe because they already tried it and they didn't profited on it. It because maybe they engaged towards it quickly without knowing the fundamentals on investing bitcoin
In my country, people do not like bitcoin because they still believe that bitcoin is something related to scam. Therefore, they refuse to invest their money in bitcoin and moreover, some of them even criticize bitcoin and they will be pleased if the government bans bitcoin forever |
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My bank closed my account last year for no reason, and all money in my account was gone. I argued with the bank, even contacted the local government, no use. My bank just stated that "Pursuant to the CMA Disclosure and Agreement, 'THE BANK, at its discretion, may elect not to accept an account, terminate the account agreement and the account agreements of any related parties'. Both parties to the agreements have the right to end the relationship at any time and neither is obliged to provide a basis for such a decision to terminate". No single word explaing the termination was given to me. I contacted all banking lawyers online, and they were all representing the bank, not the customers. The money I lost can buy a new Mercedes. However, banks around the world now are too powerful. They are too big to fail. When you open an account in the United States, and probably also many other countries, you voluntarily give up the rights to sue the bank under their arbitrage clause. Even worse, they define the financial laws and enforce them. They can close your account, freeze and steal your property and evict you from your house. The more money you deposit into your bank account, the more you are helping the evil. I'm glad to see Bitcoin is changing all of these. Let banks die!
Guys, are you kidding me? Banks can do a lot of shit, but stealing money? I dont believe it is possible in developed countries. In my coutry whick is developing it is impossible. They can perform a various annoying tricks, close your account - yes, but they retern all funds that was on it. In your case you should just go in court. Sew that bustards)) I am living in a developing country and I can say that banks are stealing people's money here. I do not know what happens in developed countries but here, I witness everything. Not all banks steal your money but every bank has staffs who can take your money away. And the most ridiculous thing that banks will refuse to refund your money if you are stolen by their staffs. So, bank is never a good idea here and I will never put my money in bank |
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There is no best time to invest your money if you do not have any knowledge about things that you want to invest. Most of the people here want you to invest your money in bitcoin and the cryptocurrency. But in my mind, I believe that there are many ways to invest your money, not just the cryptocurrency. People can invest their money in real estate, gold, gaming system, coffee shop, etc. Use your money to earn more money is what investing aim at. Therefore, be flexible while using your money to invest.
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