With investment money in bitcoin is risky, certainly bitcoin we drop by up to 100% because even lost stolen hackers, there is no guarantee bitcoin system of safe from thieves.
Can't your fiat money be stolen ? Or your investments in stocks/bonds are coming with zero risk for your money ? Bitcoin is just another type of investment so it also comes with all usual risks typically an investment will be having. 100% drop is only possible with lost bitcoins, value will never drop that much. But, honestly compared to any other investment types like bank deposits/real estate opportunities, I believe bitcoin investment is good as it is fetching high returns in quick times and hence I am ready to bear the risks it is having. Bitcoin has a risk but not that high for an investment because the price is getting stable now because the supply is well distributed to the new users who demanded bitcoins from an exchange. Bitcoin is one of the best investment as well as real estate investment because they are both almost safe investment for me. Do you really believe that real estate is a safe investment? This is not entirely true. Maybe is more resistant in time but real estate follows the development and economic progress of the country which is located. As an example look the prices in UK before and after brexit. Probably a safe investment in developing countries, Malaysia, Indonesia, some south American countries. I met a couple once who bought a big house in Cambodia for 20 000 EUR a few years ago, now it is worth 100 000 at least. But not everyone can invest in real estate, and for now, the profit made with Bitcoin is more interesting and obviously much quicker. Don't be too greedy with Altcoins though (or pray you get lucky.)  I agree with you but it is safe for me too and we are a developed country since way back i will say it is not risky if you earn them you do not even have to invest anything at all just earn everything and you will make profit. I guess you mean earning Bitcoin by joining signature campaigns, in that case I agree. You will need time though to earn like 0.1 BTC, then 0.2 BTC but be patient and dedicated, Rome was not built in one day... |
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With investment money in bitcoin is risky, certainly bitcoin we drop by up to 100% because even lost stolen hackers, there is no guarantee bitcoin system of safe from thieves.
Can't your fiat money be stolen ? Or your investments in stocks/bonds are coming with zero risk for your money ? Bitcoin is just another type of investment so it also comes with all usual risks typically an investment will be having. 100% drop is only possible with lost bitcoins, value will never drop that much. But, honestly compared to any other investment types like bank deposits/real estate opportunities, I believe bitcoin investment is good as it is fetching high returns in quick times and hence I am ready to bear the risks it is having. Bitcoin has a risk but not that high for an investment because the price is getting stable now because the supply is well distributed to the new users who demanded bitcoins from an exchange. Bitcoin is one of the best investment as well as real estate investment because they are both almost safe investment for me. Do you really believe that real estate is a safe investment? This is not entirely true. Maybe is more resistant in time but real estate follows the development and economic progress of the country which is located. As an example look the prices in UK before and after brexit. Probably a safe investment in developing countries, Malaysia, Indonesia, some south American countries. I met a couple once who bought a big house in Cambodia for 20 000 EUR a few years ago, now it is worth 100 000 at least. But not everyone can invest in real estate, and for now, the profit made with Bitcoin is more interesting and obviously much quicker. Don't be too greedy with Altcoins though (or pray you get lucky.) |
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Those who buy or keep 1 or 2 Bitcoins will probably not be millionaires because the price of Bitcoin is very expensive right now. But you have the money, you can buy at least 20-30 Bitcoin, and if you say you can never sell , yes you have a chance to become a millionaire in a few years.
"Expensive", based on what? You can buy 0.10 BTC if you don't have the money for more. Just ask yourself the following question: will the demand for BTC decrease, get stable, or increase in the next months/years? And decide accordingly. |
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Bitcoin is the future of money, or so they say.
I would like to hear your opinions on Why should people use Bitcoin?
Amazon may be accepting Bitcoin in the near future. http://amazonacceptsbitcoin.com/What is this? Website does not exist. There was a rumor about Amazon accepting Bitcoin, it proved to be false. I won't believe it until I see it. |
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Amazing, you actually have lost your gold opportunity in everyday life without you even understanding that.I'm expressing my disgrace for you personally, if you had not offered your bitcoin that time, you would happen to be a millionare now.It's far too late to regret now. So why not begin earning your bitcoin once again, and today, be wise and not market them?You shouldn't repeat the same errors twice.
He would have sold long time ago though, most probably, lets be honest and realistic. How many people bought 500 Bitcoin in 2010 and still hold now? Probably 0.000000001% of today's holders. I don't know OP but by selling in 2013 or 2014 he would have made a great profit already. |
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IMO Bitcoin has a great future, only if governments find a way to benefit from it (applying taxes...), otherwise it would be naive to think it will last forever. Think about "underground" activities like poker games, sports betting, now it is legal in a lot of countries but only if you play on local websites, governments always want their share. I just hope the anonymity qualities of Bitcoin don't vanish, otherwise, what's the point? Wait and see. |
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Hi.
Will probably hold both as well.
I could sell B2X next year depending on the profit I can make with it. Hey it is free anyway.
Hoping for no dip of course, but same as foxberg, it would be a good opportunity to buy more if that happens.
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"double easily" I would be careful with these words. Lisk rhymes with risk. Joke aside, I am not convinced.
The demand for Lisk has significantly increased last 12 months, but also decreased since August this year:
Lots of alts suffered due to the numerous BTC forks. Some lost 70% the past 2 months. LSK was about $7.95 on early September and trading at around $4.50 right now with $7.5million volume... I'd stand by my prediction. Also LISK have recent "activity" that can give it an extra push after the fork. But yes, nothing is definite, we can only project and hope for the best. That is why I also said "likely" on my original statement. For the record I don't own LSK because my money is on other alts that I believe will give me better returns. Fair enough. I try to monitor more altcoins these days and will keep an eye on Lisk in the next weeks, especially after the fork. |
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I would like to invest 15-20% of my portfolio in a project with low market cap. I did my research and I think that there are 5 risky possibilities: market cap supply 1. Elixir $1,496,774 22,855,314 ELIX 2. Obsidian $6,165,368 91,022,866 ODN 3. Viberate $24,320,232 200,000,000 VIB 4. blockcat $4,538,943 9,200,151 CAT 5. sumokoin $747,370 10,937,488 SUMO I know its really difficult to say but....What of these project do you think that have real future? or do you have on your radar another projects with M.Cap around 1,000,000- 10,000,000 usd? thanks  Hi surikar, Sorry my suggestion is a bit above your range in terms of market capitalization, but have you considered Verge (XVG) ? The potential is there. I like the project, you can read about it here. |
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I don't think so.
Market cap ranking wise, it is probably (around) where it should be.
I believe it will grow and still a good investment and likely to double easily after the fork.
"double easily" I would be careful with these words. Lisk rhymes with risk. Joke aside, I am not convinced. The demand for Lisk has significantly increased last 12 months, but also decreased since August this year:  @rattle99 Why do you think it is underrated? |
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Hello everyone,
How I can got card for withdraw BTC on ATM's ? My country not in EU, that is reason why my older card on Wirex closed. Where I can find card for withdraw for my Country? I am from Serbia. And maybe any news about that? Thanks.
Hi ljubo, try your luck with advcash.com. I am using it for different purpose right now, but I am pretty sure you can withdraw BTC with it, it is cheap to order a plastic card, I received it two weeks after ordering it and I was in Asia at the time (they do request you to verify your account by sending ID + proof of residence, but it is done within 24 hours). Website here. Good service. |
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A few weeks ago I deposited 0.25 BTC at a poker site which converts BTC into USD. The price was 4200USD/BTC.
Suddenly BTC goes up to +7000 and I am at a small loss of 84$ on the poker site. Yesterday, I decided to withdraw it all, but a BTC withdrawal would give me 0.12 BTC, so I search for other options. Saw that they accept other Altcoins as well. Checked prices for some lower waves and found Potcoin. Yesterday I withdrew 916 USD in POT directly to Poloniex, which gave me about 10500 POT, when price was 0.00001240. Put a sell order at a level that would give me a little win at 0.00002499. Sold it all and got back 0.255 BTC. Phew, that was close...
The moral of the story: HODL!
Converting BTC to fiat to play poker or on sports betting websites can be dangerous, I strongly recommend that you use websites where you can play poker, or bet on sports in BTC such as Nitrogensports, 777coin, FortuneJack, etc. You will find a list on this forum. I placed a few bets at Fairlay too and I am very happy with them. Got really lucky with one bet though, so be careful obviously. I thought 4200 was a good price, but BTC surprised me again. I also had an incident years ago, where I played on another BTC/USD converting site, but BTC dropped significantly and I withdrew at a 50% BTC winning rate or so. Yes I understand, but I would hate to convert BTC to fiat to play poker for this exact reason, unless I intend to withdraw a day or two later,it is like double gambling. Like you said, BTC is just too surprising and unpredictable these days. Hold, yep, that is the best bet to make these days, better than a royal flush Glad for you it all ended well! |
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A few weeks ago I deposited 0.25 BTC at a poker site which converts BTC into USD. The price was 4200USD/BTC.
Suddenly BTC goes up to +7000 and I am at a small loss of 84$ on the poker site. Yesterday, I decided to withdraw it all, but a BTC withdrawal would give me 0.12 BTC, so I search for other options. Saw that they accept other Altcoins as well. Checked prices for some lower waves and found Potcoin. Yesterday I withdrew 916 USD in POT directly to Poloniex, which gave me about 10500 POT, when price was 0.00001240. Put a sell order at a level that would give me a little win at 0.00002499. Sold it all and got back 0.255 BTC. Phew, that was close...
The moral of the story: HODL!
Converting BTC to fiat to play poker or on sports betting websites can be dangerous, I strongly recommend that you use websites where you can play poker, or bet on sports in BTC such as Nitrogensports, 777coin, FortuneJack, etc. You will find a list on this forum. I placed a few bets at Fairlay too and I am very happy with them. Got really lucky with one bet though, so be careful obviously. |
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I think they will ban bitcoin because of the fearful that may affect of the economics of my country but i disagree there opinion because working bitcoin is very helpful for me especially the support financial.
in my country philippines i think if they are already aware of what bitcoin really is,they will probably put tax,which i think is not a good one.the small earners like me will be the one really affected.every transaction will have tax plus the miners fee and add the widrawal fee.just think how much will they earn.while small earners like us almost nothing to left.well i think much better than getting banned right? Depends on the tax amounts obviously, but long term is good news IMO . Like you said, better apply taxes on transactions than banning cryptos. Honestly, as far as I am concerned, if in the future my country is thinking about banning Bitcoin, I would have no problem moving overseas, probably to Malta or such a country close to my home and Bitcoin friendly. In Asia, there is Singapore but cost of living is way too high there to be a good option. |
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How long have you been holding your bitcoin for so far?
I only hold bitcoin for almost 3 months and sell it after that but I regret when I see how big the change in its value. If I just continue holding that time my bitcoin was now triple to its original value but suddenly I sell it. Now I learned and im continue holding because I know that it will continue to increase. I set a goal so that i will not regret it in the end. Well said, looking behind is useless. future looks bright when as far as cryptos are concerned. Current price could be 10% of what it will be in 2025 or so. |
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To be honest i didn't receive any bitcoin yet and also didn't buy any amount of btc but if i find or buy some btc i will hold them until bitcoin's price reaches at 15000$
So did you buy some Altcoins instead? ETH and others? How are things fairing with those? Some made incredibly quick profits with Altcoins but you need luck with this thousand of coins in the crypto market right now. |
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Not too long, 3 months.
Wondering how many people are still here if they invested back in 2011-2012? Probably not many, if any.
Honestly if you bought at 1$ I guess you already sold long time ago when the price reached $10 or $20.
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Surprised yes, in the sense that the profit made is already above my expectations. Was aiming at 5k in November, how naive |
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This is who is accepted through page 4
Hi sir, Any reason why my name is not on the list? I see almost everyone posting on page 4 was accepted, but me? Thanks. Regards. |
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Bitcoin is a goose has fattened for slaughter
There are a lot of things have happened Between 2013 and 2017. Now big players from the big world are playing on the blockchain land, and they are not the local aborigines at all.
At this moment, the blockchain capitalization is a bit over than 150 billion dollars. That is the cost of one not a biggest company from the real world economy.
And if George Soros was able to bring down the whole British economy – what might stop the players like he to kill the biggest beast on the blockchain’s fields? There are no internal reason for so rapid growth of bitcoin now. It seems that external money throws into bitcoin’s throat and so bitcoin looks like a goose which has fattened for slaughter.
That is an irony of fate, but external players shake Blockchain (with all its slogans about decentralization) by seizing him at the most centralized place. Bitcoin is a backbone and iron balls of blockchain.
If you have a hope to sale bitcoin on its top and then buy back after it fell down, you can loose on both points. At first there might be a game of pumping – dumping and then after the first bottom you will fell down at others ones.
It is a good time for buying tokens of different projects isn't it?. It will be a diversification of risks and would work for decentralization of blockchain’s assets.
What do you think about so strong blockchain dependence on bitcoin and about the fact that bitcoin’s growth so depend on external finance now?
Hi. Is your post a copy/paste from some article? Looks like it. Who's opinion is this? IMO Bitcoin recent rise is not too healthy, a bit too quick for my personal taste, I do prefer slow and solid rise but can't complain either. One thing though, I do not think Bitcoin's demand is too big, if the price was $100,000 it would represent approximately 10% of all currency exchange taking part in the USA right now. All this to say, circa $7k is not big of a number when all things considered, but I do worry about next fork and how it could affect the price. I have no idea why Bitcoin price rose so much last 6 months though. There is the hype of course but it cannot be only that. |
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