wowww 312 pages for answering to such question, but honestly there is no absolute answer to this question, it depends... on your money, your wealth..
That's true but if you really want your money to grow then I think you should invest your money to get benefits from it in long run as saving will never allow you to grow your money. If you invest your money then you are accepting the risk of losing all of your money and it is not good..! So you think that people should not invest money at all? If you will not take risk of investing then you will never become rich in future only with savings. |
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in present time the bitcoin rate is so low that if a person hold it for some time it can give you a good profit in very very fast mode.
Yeah it was indeed the most appropriate way, quickly, and also safe. Because buying a bitcoin as much as possible while the price is very low then it will get a tremendous advantage and we certainly would love to it. But we have to remain patient in waiting for the price of the bitcoin become higher Yeah price is down right now and I think we should collect maximum number of coins at this stage so that we can sell when price goes higher in future. That's true and if you cannot spend time on earning it then the fastest way to get bitcoins is to buy it, as price will surely go higher in future so you can expect good profits from it. |
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I joined the journey with bitcoins since last 2 years and I am successfully earning from signature campaign, I saved all those earnings and invested it in trading and now I think I don't need to do any other job for living.
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All depends on how the reaction after the halving correction will be. We are still in this correction phase. There was a lot of speculation before halving what pushed the price to $780. Now we are at $570. If the price stabilizies over the next weeks then we could probably see the $780-800 again by the end of the year. Many possiblities here, we can see a huge price increasing or decreasing, same with community rising and many other options that can make an impact on bitcoin in 2017.
yes hope so, but depending on the interest of the people, if people take interest in bitcoin the price of bitcoin will really increase and hope that at the end of the year the price will cross all time high price of bitcoin. If you want to see that more people shows their interest in using bitcoin then first of all we should introduce them to bitcoin in a simple and best possible way, and if they find it interesting and beneficial then they will surely start using it. |
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the future of bitcoin is really looking very bright to me and there is no doubt about this.
Yes I don't find any issue with the future of bitcoin as its still new but still popular, just imagine where it will land when it will reach to the every corner of the world. |
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I think the biggest problem for me using Bitcoin right now is the unstable price. It's just way too unstable (compared to usual currencies like EUR or CHF) for me to keep a big amount of it. I'd actually love to use Bitcoin and even getting paid in BTC but yeah.
Another problem right now is that it's not accepted everywhere but that problem would be solved if the main issue would be gone.
i think the main problem is the availability of accepting bitcoin in local shops, i think if this problem solved then the value of bitcoin will increase too much. That will be done in future so no need to worry about that and if people will find places that accepts bitcoin then it will create an curiosity in the their minds to know about bitcoins. |
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I think that if BTC price is around 1 buck than something major and obviously bad had happened to the fundamentals of cryptocurrency in general. No other explanation for such a low price. In this scenario I would abandon all hope, probably give away my coins and bother no more. Only a huge hole in the hole less system would drive that price to the bottom, making it impossible to recover. No more point of btc existence -> dump and forget.  Hope the above will never happen. Such forecasts even think most users do not want. Already all hope that the crisis which has given us the best price for bitcoin, has already passed. Therefore, according to new projections, we expect only the price increase. There is no guarantee that price will go high in coming months, everyone is hoping to see higher price but no one knows what actually will happen in next couple of months. |
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I can not get more than 20$ in Bitcoin because I will spend it right away when I get it. I only earn from minor game trading and signature campaigns so I will not be even a 1 BTC holder soon. But I am still young, if the price does not get like 1000$ by the time I get to work I may think of having it as a goal. Good luck to anyone who has it as a goal though.
As you said that you are still young so you have enough time to achieve that goal, just keep on trying as much as you can earn as whatever you will hold will give you higher benefits in future when price goes higher. |
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I actively spend my coins on gambling and trading and sometimes to recharge my cell phone, and whatever profits I am earning from gambling and trading that I am saving for future.
Why are you wasting your coins in gambling? I am sure you wouldn't have made good profits from it as everyone looses in long run, better you should save it for future. I think gambling not always wasting and lose if you know how to control and manage yourself at gambling, because i also spend my coins in gambling and i'm not always lose on gambling. You may not lose always, but at the end if you calculate it you might have lost more worth bitcoin. You will realize that if you have saved it, it reaps you more profits at that time than wasting in gambling. Exactly if you save your bitcoins for future then whatever profits you will be earning will be higher in compare to gambling for sure, as the percentage of loosing will be higher in compare to winning in gambling. Yeah right.. i dont why they are not calculate all their gambling how much they lose and how much they win.. honestly if you calculate it you will see that you lose a lot more than you win. So its better to save it for the future and make your own business online that you can make a profit with your business. Spending bitcoin on gambling is waste of money, everyone knows what end result will be but still they invest there hoping that they will jackpot someday which seems to be unrealistic. That would only be a waste of money if you do not win, but if you win you will feel contented with the amount you bag especially when that is a big amount. But for people who are afraid to risk their money in gambling then they stay away or just play it for fun betting a little amount only. Yeah and if you are into gambling since long time and if you are confident that you can win it big then you should go for it or else simply invest that money somewhere else. In gambling, we do not need to fool ourselves and think that we can win though our record is not telling the story, we should accept the reality so in that way if we are that serious in gambling we can easily adjust our method and can improve to have a better chances to win. You may win once or twice but you cannot win every time and I am sure the amount that you loose will be higher in compare to that you have won, so overall if you look at the statistics then you will be in loss. If you can easily accept your defeat in gambling the better because that would limit your loses, some gamblers use rage in gambling which would make them a decision to chase their bets until they lose a bigger amount in the end. You should have self control in gambling and you should also have control on your emotions, and to make profits from it you should be aware what is the right time to quit. That's easy to say but it is really hard to do it, when you are gambling you are in the hot seat that you feel you own the world when you are too lucky and having a good streak, that situation is very dangerous as we let our emotions take over and not our brain to use in gambling. Its really easy to say when you are not playing gambling but in the true situation its really hard to do it because you would lose your self control and the greediness is overcoming you already which is a really hard thing to control. If you cannot have control on yourself then its better not to gamble at all, as at the end of the day you will be on loosing end and if you lack self control then it will result in even huge loss. |
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now is time right buy bitcoin and then hold
because after halving not yet ups significant price
i think end year bitcoin up go the moon until price $800 - $1000
I do not think so. It is better to wait. If there is not block size increase soon, bitcoin will not be used widely, so it is better to sell then. I think it's better to sell the bitcoin now. Because the price not going up and stable right now, i think it will goes down someday. Just play safe. Are you really serious that you want to sell your coins at this stage? Mate this is the time to buy and not to sell, buy now and sell when price will be higher in future, if you sell now you will not make enough profits. For me who don't like a risk, i won't wait and just sell all my bitcoins and wait and watch the the price of bitcoin until the price of bitcoin goes down again and i will buy bitcoin again when the price at low price. That's the right thing to do, but looking at current price I don't think it will be too profitable to sell our coins as price is very low at a moment, so I think with this price we should buy some coins. |
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i am not thinking that price will reach 4000$ but i think i will reach atleast 2000$ . since no one can accurately say that what price will be but in my openion the price will be above of 2000$.
I see no reason for bitcoin to go upto $2k USD anytime soon as it has not yet reached $600. Even I don't know whether the bitcoin price will achieve the $1k level by December 2016. I also will do agree with you there is no solid reason to surpass $2000 within this year, first we have to reach $1000 than will think about the next level, but the fact is that cryptocurrency is very unpredictable in various form, anyway it will be nice to get $1000 this time before end of this year. Well it can be happen after next halving again. .but for now yeah there is no reason that the price will reach at 2k value.. The possible can be the price right now is around 700-900 value or if we are lucky 1k value. There is a chance that we may see the price of $1k in the end of the year but there is no assurance that it will touch that price, in fact it would good to see even if it reaches to $800 in this year. there is not enough demand to get the price to reach the $1000 price level this year. if the low demand doesn't improve in the coming months, then i'm not even sure if we reach $800 again this year. Yes the price in coming months will depend on the adoption level, if new users will invest their money in bitcoin then it will contribute in taking price higher. new users mostly don't have much money for investing purposes as they are here mainly to farm faucets and to collect signature campaign payments. we need trader type of people that actually bring in good money to take a position in bitcoin. that's how we will see the price go up higher. Yeah we want inflow of fresh money in higher amount in bitcoin and if that happens then we can see major boost in the price in quick time. |
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For speculation? To buy on the dark web? To buy online on sites like purse.io? To send money? To do business? To have your money under your control?
What is/are your purposes when yu buy bitcoin?
I prefer to earn them instead of buying. I do not know what dark web is but I do not want to know, seems evil thing.  Some of my friends exchange their amazon gift cards to bitcoin and then withdraw it afterwards. As for me I save it and buy some altcoins and have some for investment. Before I buy bitcoin to invest it and have some bet. Then I was informed that I have them by earning them. Amazon gift cards to bitcoin? I thought that was the other way around? Before that is the idea. Just buy and buy until you are satisfied but now there are different ways for it to be earned. Yes bitcoin can be earned in many ways and it will depend on your skills and your dedication to how much to earn, and to be honest I feel that earning is always better then buying. I'm sure everyone also want that, earning bitcoins than buying bitcoins and i also prefer want to earn bitcoin than buy bitcoin. But for rich people, i think they prefer buying bitcoin. Yes people who have capital to invest will prefer to buy without wasting any time, but for an normal user its not possible to invest on regular basis. |
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I don't think that bitcoin will ever reach to that price, price will keep on going higher in coming years so I think we should not waste our time in something that's never gonna happen.
I think all possibilities can happen friend if there are elements behind it. Because although this possibility just 0.0001% but it could happen. But if logically think my bitcoin prices will not suddenly drop to $ 1, and there must be a process that we can observe. thanks IMO As you said bitcoin cant auddenly drop to 1$ , but in time if the price will go down slowly it can reach that price, but in following year it will not gonna happend It would take about decades or centuries even for that to happen, seeing that bitcoin's future is really bright. However, when that time happens, I can safely assume that bitcoin would have been a 'normal' thing just like what is paypal right now. Bitcoin can fall in future but not to that level for sure as of now its above $500 and it will be much higher in future too so falling from that high level to $1 level is simply impossible. |
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If I have 21 btc in my wallet then I will invest 5 btc in altcoin trading where there is always an opportunity to earn quick profits, 5 btc I will convert to fiat and buy apple macbook and rest 11 btc I will save for the future.
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Im curious because im earning 0.005 per day , Im curious if it is a bit low. If it is a bitlow i will find another way to earn bitcoin again
On average I'm also earning around 0.005 per day and I think it's not so bad. I have used to earn more but it was only once, I mean during one month only, a year ago, I was earning 0.014 per day, but Bitcoin was $250 then, so that's why they were paying so much in BTC. Yeah the payouts were higher when price was low and not many were aware about the bitcoins at that time so even the competition was low, but with increase price, payouts have been reduced. |
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I use it is just as a currency. Making bitcoin with commenting and a little bit of gambling and cash it out and spend on my daily needs. Nothing smart. I would like to use it as investment, but unfortunately I don't have free money at all.
I think you can still invest in bitcoin even if you do not have enough money. you can still earn bitcoin by various means and methods then after you have many bitcoin you can begin investing in various sites or try to hold course if you wont to take risk Right. to go to find bitcoin easily and the result is good is to use a signature campaign. The results of the signature campaign could be used for investment and trade so they can earn more profits. Bitcoin is more appropriate if used for investment because we can take advantage of price fluctuations so that we can make a profit if you invest. And the fact is we don't have more options to use it as a currency at a moment so most of the people are using it as an investment for the future to earn better profits in future. Yes I use bitcoin for investment. Because bitcoin fluctuating and if we can take advantage of us would gain so it is more suitable when used investment. yeah besides having fluctuations that can give you a big advantage. bitcoin investments also include investments that have potential for big profits in the future. many people predict that prices will rise in the future. Akua hope it could happen Speculation can be either right or wrong as we cannot totally depend on it as we know that its impossible to predict the future but lets hope that we see higher price in coming months. |
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That's true, one step at a time fellas don't be too excited as we will totally reach that level in due time. That will happen in the future if we will continue to support bitcoin as we are one of the supporters who will make bitcoin a success.
I think the bitcoin price could rise to $1200 this time next year. By the end of 2017, the price could be $1600. How can be you so sure that end of 2016 the price will be 1600$ , when we are not even sure what will be the price by the end of this month. I think no perdition is true for bitcoin as it is unpredictable. Yeah no one can predict the price of bitcoin as its simply impossible, its just an speculation of the people but to be honest I think bitcoin reaching to 5 digits will really take very long time. |
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Any thoughts what price of Bitcoin after halving will up to $800 or down to $500? On june 16th Bitcoin hit $777 highest price since 2014 and today stay between $639 ~ $645
You are asking very thoughtful question, and i am sure 2016 Halving is more than better of previous halving, because now a number have been increased of the people of using the bitcoins, also market value more powerful now. But i never vote too much high price of bitcoins, i think it will be under $650 to $750. I will be much satisfied even if it remains stable on $700 in coming months, as even $700 is a very descent price to hold and price is rising slowly at a moment so we may see that price very soon. This is what i am focusing on. Stable price of 700$ or even 600$ is far better than a two three day price of $800 to 900$. For any currency to grow long term, stability is the key and no one like pump dump coins. Yeah major pump will result in major dump, so its better if we see steady growth in the price of bitcoins, as it will ensure that it will not fall down extremely in quick time. |
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if you save your money you will get nothing
I think it is time to invest your money to get earn for your investment
I personally, If I have money I dont think to save it , I want to invest it.
I think both are important, you need to save because in the future there might be some desperate need of money and when you invest all of it you will not get anything because investment also does not guarantee that you money will grow, sometimes you fall. Yup saving is important as if your investment goes wrong then saving will help you as a back up money which can be used at the time of emergencies. |
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Gold has the same attributes and you can't invest gold. Bitcoin has the same attributes. People need to stop looking for places to invest it. Most are scams. Just like gold hold and hope for price appreciation.
People get exited when they see their investment at green, soo they sell the coins, its very hard to resist, you invest 5000 dollars and the current size of your coins is worthing 7500 dollars i would sell them, even knowing it can and will hit bigger values. But i agree its better save then support ponzis but not all websites are ponzis. Gold is never a scam as it has been proven that the price will continue to increase, on the other hand if you invest your money in a certain website, make sure you did the right research before putting your money as there are a lot of scammers online and if you are not convinced then you still have an option which is to hold your bitcoins. Investing in gold is always safer in compare to investing bitcoin online, as in gold you are holding it physically and its store in your own custody where you can access it anytime you want. |
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