What if you sell and then BTC prices crash? I dont understand how someone can be a permanent bull and be so enthusiastic to the point where they are financially suicidal. I believe that bitcoin is the future but I also know there is a high risk involved with any sort of cryptocurrency investment.
the first point is that if everyone will continue to sell then the demand will reduce and supply will increase so the price will decrease. The other point is that it is true that bitcoin has a future and it is also true with it that in crypto currencies if you will think to invest in bitcoin then you are not at risk but the profit will come to you. yes no doubt about that investment in bitcoin in present position is too much save and profitable investment. because the price of bitcoin is still expected to increase. and still people trend is toward buying and not selling, still people are confident to invest in bitcoin and therefore the price of bitcoin is still increasing because of the increasing demand of bitcoin, and hope that the increasing demand of bitcoin will continue for a long time. yes you are right investment in bitcoin at this time and then holding until the price increase is better than selling at this price because now the price of bitcoin is gradually increasing and also people are investing more and more in bitcoin which increasing the price of bitcoin and also due to greater demand of bitcoin now a days will surely increase the bitcoin price, so hold your bitcoin and do not sell it. |
|
|
|
I believe that Bitcoin is growing at a very fast rate and it is best to save and hold as many Bitcoins as you can so that you can make out the maximum out of a Bitcoin pump. You should not sell your Bitcoins at such a low price.
Yes right bitcoin will growing in future at very fast rate so now price of bitcoin going to down you are not fear to see the price of bitcoin because I think that now price is low that is temporary that is not a big problem because bitcoin investors is increased and I think its price will going to increase so you hold your bitcoin for long time for the purpose of high income. yes you are right it is the problem with many people that when they see the price of bitcoin coming down they sell it immediately and i think that they need to wait further may be the price of bitcoin becomes double and many people are also optimistic about the increase in price of bitcoin in future, so at this time holding is better. |
|
|
|
Yes holding bitcoin for long time is a very good way to earn more money but you should have that patience to hold your coins. normally people just keep spending their coins and trade a lot because they think they can earn more money in very less time. this is a problem with most of us.
of course it is a good idea to hold bitcoin for long time because the price of bitcoin i think in future will be very high and those people who have hold their bitcoin they will be very lucky and will have a big profit and also you are right that holding bitcoin need patience because the price of bitcoin sometimes become very low and some people lose hearts and sell their bitcoin, so be patient in holding bitcoin it is a good way to make money. |
|
|
|
Investing in BTC is a good idea however, this is not the time of investing in BTC because the price of bitcoin in the market was so high that's why as I advise try to invest in other altcoins and wait to reduce the value of bitcoin in the market.
well if somebody want to increase their money he need to invest in bitcoin and if you think the price is high not suitable for investment, so i think now a days the price of bitcoin is low and it is a good chance to invest your money in bitcoin and i do not think that the price of bitcoin will decrease below this amount, i think it will now in few days start increasing so i will say that it is a good time for investment in bitcoin other than altcoin. |
|
|
|
For small scale I agree but not large or national in scope, this is because the user is still small and not bitcoin dominates the internet payment system, need more time to proof bitcoin can reduce unemployment.
Even if Bitcoin users are small and it is able to reduce unemployment amongst a small number of them we can say it has served a purpose and so it shouldn't necessarily be on the larger scale before we can conclude that it has reduced unemployment. I agree with you, even if it is a small group of people benefiting from bitcoin..the fact remains that it does reduce unemployment levels and it does not only benefit the unemployed as the working class do get passive income from bitcoin as well. yes you are right bitcoin is benefiting many people by reducing their unemployment, there are a lot of people who have made bitcoin as a source of income and also it is good that not only those people who are unemployed but also those are employed are getting benefits from bitcoin, so i think bitcoin is benefiting a lot of people as means of income. |
|
|
|
Just let them go and dont try to explain them something. Maybe he is a billionaire already and he don`t care about money or he is a forex trader and has a great income there. Everyone should do what they like and ofcourse make profit, from the thing they like to do  you think that we need to let go those people who do not like bitcoin and we do not waste our time in explaining bitcoin to them but think that if ee let them go so how we will increase the popularity of bitcoin and if the popularity of bitcoin is not much increase so how the governments will accept bitcoin and how the price of bitcoin will go up, so i think we need to involve those people in bitcoin. |
|
|
|
Many people need big proof to satisfy that this site is legit ..whats the best way to convince your relatives or friends
I show to them all evidence of my income to get them interested in bitcoin. Also I will tell and show to them how to earn money by using bitcoin. I will create an article that tackle all about bitcoin to help people to know what bitcoin is.But the best way to get them interested is to show all your proof of earning in bitcoin. yes you are right that the first important thing is to get involve the people into use of bitcoin is that you have to get them interested in bitcoin and for this you have to show all the evidence of your earning money then after that they can get interested in bitcoin easily,then explain further about bitcoin so that is the good method of convincing someone towards bitcoin. |
|
|
|
I somehow do not think 1 BTC would be enough, regardless of a country you live in.
10-20 BTC, that might suffice.
Yes you are right that one bitcoin is not enough for 20-30 years because today's price of Bitcoin is about $2700 and I think that this amount is not sufficient for 20 to 30 years because it is a very long time and one doesn't know about how much money he or she needs but if you want to increase your money or Bitcoin you need to invest this amount in some other companies so it will be your stable income. |
|
|
|
India is a booming market for renewable energy, many wind farms and solar grids. Now this question might sound utterly stupid, in India renewable industry comes under Ministry of New and Renewable Energy, means the government should be on one end of the contract as a supplier, right. And if that country has not legalised BTC or ETH, that would be tricky.
This is exactly what i mentioned earlier in this thread,there will be legal issues and many paper works to be done to make this project a reality and it might take a longer time for everything to settle down because it is not that easy to get the paper works done pretty fast particularly if a government is involved,legalization of bitcoin or ETH is another chapter. I think the government will not be a bigger problem for that project because they are using this system as a way to collect funds for the project and the token is working as the shares of the investors which I think is legal for any government. I think is there has no problem with token or shares. the energy market is very sensitive. In many countries, you have big taxes through which the state controls GDP, and they do not like a lot of innovations in this sphere especially with the decentralised market. Project like SunContract is for future, and i think 3-5 years is minimum to become applicable to me in my country there is intense need of this project. because we have too much electricity shortage and specially in summer when the temperature raise to 45+ C. the situation become more complete because of the increasing demand of electricity. i am sure that this project will be on top in my country. We hope that this project get a bigger success and this project reach to every needy country of he world for electricity. In the start I think they are limited to a few countries and then they will reach to other countries up to which I know but right now we can get the profit by participating in their crowdfunding. Yes it really need to invest in their ICO because if we will participate more in this project then this project will become more stronger financially and if they will become more stronger financially then we hope that this project will give benefit to more part of the world. I hope that this project will get their success and it is sure that this is provided for all of the world. We will get the benefit from it by two ways one by investing in this project by buying their tokens and the other benefit is that this project will reach to our country to benefit us with that technology. |
|
|
|
It will just be easy for teenagers of this century to understand bitcoins totally.Since teenagers nowadays are more on computer use and relys on pure internet bitcoins will be basic for them and they can understand it easily
who use internet they can easily cought the benefit of bitcoin.If they found its potential and its have bright future,than they must be attractive for bitcoin. We have to discuss the advantage of bitcoin to teenagers. yes you are right those children and teenagers who are familiar with internet and technology they can easily get to learn about bitcoin and they can easily get the benefits from bitcoin and can make their future very bright but yes it is little bit difficult for those children and teenagers who did not know much about internet. |
|
|
|
I heard some folks on Quora that bitcoin is going to die but blockchain is the future. What do you guys think of this?
No, I think bitcoin will not die, there are so many advantages to it, there is not any reason for a coin like bitcoin to die, it's at the height of development, everyone loves it. it. yes you are right there is no reason for bitcoin to die because bitcoin is using by the people to get a good opportunities, they are getting very much benefits from bitcoin and made bitcoin as their source of income and also the bitcoin is now at the development stage and everyone like to invest their money and also countries are going to accepting it one by one. |
|
|
|
I'm saving bitcoin for future because i know in the future bitcoin will dominated online world.
i am saving most of my bitcoin for future purposes because i want to make my future bright and also i invested most of my bitcoin for profit in future and also for getting higher education i want to save more and more bitcoin and for this i work hard in bitcoin to earn more and more bitcoin but not only this i also do some fun in bitcoin. |
|
|
|
Purchase bitcoin is possible even at this price, because in a few months it will be possible to get a small profit, and in a few years to become rich.
yes you are right purchasing bitcoin at this price is also very profitable and it will be very beneficial to purchase it at this price and hold it for a few years or months to make a good profit but if you become a little late then the price will become out of reach of buying many people so if somebody want to buy then do not become late. |
|
|
|
I just bought a pair of panties from bitcoin this year and have no other desire to buy anything else, but need to see the bitcoin price keeps increasing so many people choose to hold their bags and not waste their bitcoin
holding bitcoin is a very good idea at this time because the price of bitcoin is going to very high in the coming time and it is very profitable when the price reach high and you sell bitcoin at high price but in my case which i got from the results of bitcoin is that i buy a smart phone this year but one of my friends he is buying all the goods of home in bitcoin whatever he want. |
|
|
|
Actually, no one knows that I am using and saving Bitcoin so that no one is asking me about Bitcoin now :|
With me, most of my friends know that I'm into bitcoin. But I'm only picking on whom to talk to when it comes to bitcoin questions. I'm tired of their questions which is cycling again and again with the same answers and in the end their interest will be lost. This is what I do now, I'm just keeping quiet while earning bitcoin. Holy, I am tired with their questions too, I do not like the way they come to me and ask me about Bitcoin just like I have a mission to answer all their questions yeah sometimes people asked such questions that irritates a person but if they irritate you then you need to prefer them to search about their problems in google then i think it will be good for them and also good for you, it will not waste your time. in my case when my friends asked me much questions then sometimes i ignore them and try to not waste my time and tell them to search it in google. |
|
|
|
Kids ? We can give them introduction about bitcoin but they are still kids. When we say kids, it is 4 to 10 years old and by that age they just love to play with their friends or their gadgets and earning or joining forums maybe their are not interested. Yes, there are some matured "kids" especially those who came in other families that has a possibilities to get interested about bitcoin by just knowing that he/she can earn money through bitcoin.
to me i think they have still nothing to do to know about bitcoin. although kids normally use fiat currency, but bitcoin is still not available to be use in local shops therefore, therefore they do not need to learn about bitcoin. to me when they will become grown up then they should learn about bitcoin how to use it. but i think its important to reach kids about bitcoin because bitcoin is a new technology and they can use their bitcoin for online games and if if they know to use bitcoin so then kids will be never face any problem to purchaise any book or any games. yes it is very important to teach the kids about bitcoin because some kids like to buy something in online shops and if we introduce bitcoin to them in term of that they can buy anything in online shops and also if we start teaching the kids about bitcoin from very easy method and simple way then they can understand easily. |
|
|
|
Bitcoin can not replace the dollar and will never be a tool for exchange of goods and services, can you imagine when you buy pizza using bitcoin, when bitcoin prices go up twice or ten times whether you will pay the same bitcoin? Bitcoin prices can change dramatically in just minutes and hours
yes that is right, bitcoin cannot replace dollar so soon, but in future it is really possible. when bitcoin will become too much popular and when all the people of the world start accepting bitcoin. but I think it will take a lot of time because the users of bitcoin are still negligible. yes you are right bitcoin cannot replace dollar unless it is known by all the people in the world as dollar is known by even a child, that what is dollar he knows that dollar is an international currency but bitcoin is not known by all the people its popularity is not too much, however in future it is possible because the world is now adopting the technology as bitcoin is new technology and hope that in future it will be known by all the people. |
|
|
|
Maybe bitcoin can reduces unemployment in our community because in the crypto world you can earn a bitcoin and you can also get a job by joining in some signature campaign and that is the reason why bitcoin reduces unemployment.
of course bitcoin reduces unemployment in many communities because i have seen many of my friends who do not have job they only earn in bitcoin as bitcoin is offering many opportunities to the unemployed people as they can work for advertising a site like signature campaigns which is the simplest form of earning bitcoin and can reduce unemployment. |
|
|
|
nobody know the future of bitcoin even bitcoin so popular but there is no guarantee bitcoin will last long forever but in my thought at least for this year bitcoin will never dropped again to $1000 even still possible the price will more higher than now
i think the price of bitcoin will not drop lower than 1000$ even not only in this year also in future the price of bitcoin will not be lower than that amount because looking at the present price of bitcoin it seems impossible and also looking at the present popularity of bitcoin, i am sure that the price will increase from today's price however if the price decrease then it will not be lower than 2000$. |
|
|
|
Gold or bitcoin are both the same form of investment that is very good and very profitable.
I think if we can invest gold or bitcoin. It will be a huge investment in the long run.
yes you are right both gold and bitcoin are very profitable when we invest our money in it because with the passage of time the price of gold and bitcoin both are increase and the holding of bitcoin and gold for long time will be prove profitable although the price of gold does not increase in faster rate like bitcoin but increases upto certain extend. |
|
|
|
|
Show Posts
