I spend my money from bitcoin to fulfill my needs. Also i like to spend it specially on food and to fill my hobbies.
I am too spend bitcoin for my everyday expenses. Only small amount of bitcoin left on my wallet which is I know that will not give me profit even long time holding it. Every trade that I have done, there is important thing that need a financial and my income is just enough for it. You are a lucky person if you have the facilities to use bitcoin for your daily expenses, because in most of the place people do not have such facilities and they first convert their bitcoin into local currency and then use it for fulfilling their needs. |
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It could improve by putting tax on it since bitcoin could not benefit from just the bitcoin itself. Regulating it could help the country's economy to grow faster.
I am not in favor of regulating bitcoin at all because in this way people will lose their interest in bitcoin. Bitcoin are the only digital currency which is known around the world and just for one reason that it is decentralized and people feel really very secure in using this currency. The interference of government in this currency will simply ruin its future. Governments are all the time looking for snatching public wealth. To regulate bitcoin in its origional form will not reduce the interest of the people, but even it will attract more people toward itself. Being legal the local investors will also start taking interest in bitcoin and will make bitcoin as more stronger and successful. |
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I think the best way is trading but trading has risks, must be very careful, big risks and profits will be great or hold bitcoin because it will be a lot of hardfork, but can also join the signature campaign, it will help
Risk is always there in trading and investment. But if a person want to make money he need to take the risk. |
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Very nice and awesome, bitcoin is freedom especially in my country, freedom to earn money and freedom to gain more knowledge but sad to say bitcoin is now known yet in my country. They dont know what is bitcoin all about. They think this scam.
Like me, my country forbids the use of bitcoins. there are criminal penalties for those who violate this rule. unfortunately, they do not realize the benefits of bitcoin Yes off course bitcoin give us freedom because if you have a bitcoin then it means you have enough money and if you have money then you don’t need anything from other people and when you don’t need anything from other you can enjoy your life freely. Yes that is fact that bitcoin is giving us freedom from traditional trading system. Using bitcoin we do not need to visit a bank but we can use our wallet without from anywhere and at any time. We just need to have an internet connection which can enable use to have access to our wallet, and in modern time i think the facilities of internet is present everywhere. |
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Yes only two good news from our country. But still majority of our population didn't know what is bitcoin and our government too. Hope so someday bitcoin will consider in any supermarket to accept bitcoin as money to pay. But I know there are many users in our country.
My country accepts bitcoin and as far as i'm concerned, that's the only good news i need for now. Hearing how some countries ban exchanges and heavily regulate cryprocurrencies, i'm thankful that i won't have to go through a lot of trouble just by dealing with bitcoin to me i think the only good news is that the number of bitcoin users in my country are increasing, |
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hello!
for me being new to cryptocurrencies i would like to know from where do you get your predictions about the price of not just bitcoins but other cryptocurrencies?
I think it's best for newbies to study the market first and make yourself aware before relying on telegraph groups and forecasts. Do self research and study. Google about the coins and basic trading. The internet is a very big source for these kinds of information For a newbie it is important to get some guidance from an expert person first. Because a newbie may not be able to know anything about the market what to study and how to study, He must first know about the links and sites from where he can get information about bitcoin or about anything where he is interested to invest his money. Only then he can become able to do study about the market where he want to invest his money or to do trading. |
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It totally depends upon how much risk you are willing to take as bitcoins prices are at peak so no one can surely say whether it is going to drop or rise so if you are confident enough try investing now.But i would recommend to wait and see how the prices goes for a while and then try to buy if the prices are around $10k or if the prices are stable for a while then invest at that price.
I think if you have already the budget for your investment,then start it now.We will never know the definite time when will bitcoin drop its price so better start investing now.It's really risky to invest now but atleast you still gain profit with it.Just buy and hold it for long. That is right now one can predict about the price of bitcoin but with the increasing interest of the people i think we can say that the present time is the best time for bitcoin investment. |
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As per we can see the interest in bitcoin of people is increasing at a high rate...I believe it will be our future...but will the shoppingsites like flipkar,amazon be able to accept bitcoins?
may be in the next generation.......thanz fr reading
The interest in bitcoins are increasing because of them being popular in the whole world and also because of their value in the market that makes them more attractive in the eyes of those people who wanted to be rich. Because all of us wanted to have a source of income that can provide us a lot of money without doing anything much. And bitcoins can provide that thing easily. So because of the trend even those people who doesn't know about the business became intrested too in this thing because alot of people are know a millionaire because of this thing. anything from where we are getting some profit, so our interest is increasing there. Bitcoin is a good investment from there people already have taken a good profit and still there are more chances that it will continue giving us profit therefore people are still taking more interest in bitcoin. |
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Cryptocurrency or digital currency is being popular this days and one of the most used kind is bitcoin. Since bitcoin introduces easier ways to transact, it caught the attention of many. Also, through the years, data showed how successful to invest in here. The bitcoin shoot up in value. And it is still developing and might really change the future of handling money in the future.
Different reasons are there for bitcoin to become popular. One of the reason can be that bitcoin is providing benefit to people. In fact those people who have invested a good amount of money in bitcoin in early state now they are getting a good profit from it. Even those people who have invested money in bitcoin in very beginning of 2017, such people also me a good profit form it, so still people are hopping that they will get good profit from investing money in bitcoin. |
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Coupled with the rate at which the price of bitcoin has been increasing lately. I'd like to know how long it would take bitcoin to reach $25k since it took it just a year to rise from $1k to $10k(which was pretty cool and fast) but I doubt if it can rise as fast as that again
I doubt that this rate is sustainable. It would mean two orders of magnitude rise in two consecutive years, more than $100k by the end of 2018. It is not impossible, but very unlikely. However, doubling of the price (followed by corrections and plateaus) can happen in a single month. It's impossible to predict, but I think it can easily happen within the next year. We are hopeful that bitcoin will continue sustain its price for a long time. To me if bitcoin price will continue increasing its price with the same ration then we can expect that bitcoin price will rachto 25000 in next one year, in the end of 2018 we can expect that the price of bitcoin will even 2500$ in next 12 months. |
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In my opinion fiat currency cant be stop by this new innovative cryptocurrency thats been up on the market because fiat currency is one of the major terms on buying and selling and it is one of the national treasure of every nation .
I do not think that it will ever possible, I think that fiat will continue for along long time. Even though the bitcoin users are now increasing too much but still i think that it can effect fiat so badly, because still majority of people are illiterate and they do not have any idea about computer and internet therefore i think that it will even take more than half century when all the people of the world will start using bitcoin. |
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Advertising bitcoin is not good for the bitcoin world. The government might put taxes or someshits that they make easy money. Exposing bitcoin to government might have some bad effects
Is it possible that all the people are using bitcoin or having involve in bitcoin while their government remain as unaware from it. I do not think that it can be possible, some are not yet taking any step about bitcoin as bitcoin is still not yet too much popular in their people. I think it will be good if government will put tax on bitcoin, because for doing that first they must regularize bitcoin, and which will be really a very big step for bitcoin. |
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I think why is the price of bitcoin is going up is because of many people uses bitcoin as a online transaction to their business or anything that needs bitcoin now and the people who are willing to teach bitcoin in other people who want to invest in bitcoin.
That is right the only reason for which we can expect about increasing price of bitcoin is the increasing number of bitcoin users, we can see that bitcoin users are increasing from time to time which is increasing the demand of bitcoin and for which is also causing the increasing price of bitcoin. In fact still very little people may have idea about bitcoin while the majority of people still do not know anything about bitcoin and other altcoin. so we can even expect that in future bitcoin price will will continue increasing. |
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I can see that bitcoin is popular now but crypto currency can't replace real money because the whole universe is using this and its a long way to introduce crypto currency to the people especially to the countries that are unable to use advanced technology.
Yes that is right that bitcoin is becoming popular but still it cannot replace real money. Actually the bitcoin users are still very low in number and it will take a lot of time when bitcoin will become too much popular even in backward countries. Therefore i think that paper money will continue for a long time, but we can expect that bitcoin will very soon become more popular throughout the world |
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China is the largest country with the largest population. They hold 20% Bitcoin. If bitcoin is banned in China, then this will not affect the market. so we do not panic, sure bitcoin will not be unstoppable.
Yes that can be right although china play important role for bitcoin but it does not mean that without china bitcoin will remain as no more, bitcoin is a universal currency and it will survive in any kind of cercumstances. |
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Holding bitcoins is the right thing to do today because the value is keep on increasing and if you doubt about the future of bitcoins then you can look at the history of this coin how it grows from time to time and you will realize that this is the best investment as of today.
I think it should be consider as wise decision and not to be consider as greedy. I think holding bitcoin in the right time is too much important to make good money. Some time after getting a little profit we decide to sell, but we do not study the mood and potential of bitcoin. we we can see that still bitcoin has a very good potential to increase its price therefor i think still it is a good decision to hold bitcoin and not to sell in present time. |
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i will choose bitcoin over ethereum. bitcoin is good for holding due to quick continuously price increase imagine in10 months 1000 to 11000 all commodities traded in forex will take years to reach that price although the downside of it the transaction fees and the faster confirmation because of the inflation, transaction are expensive in terms of fiat for the reason, ether excels in this point so, for me storing of money is for bitcoin and for cheaper transactions i will go on ether
yes bitcoin is good to choose for investment but Etherium is also good for trading. Bitcoin price is increasing continously for a long time and that is the reason that most of the people still stick with bitcoin, I think that if the price of bitcoin will become a little stable then the investors next target will be Etherium, because still etherium also have good potential and its price can also increase too much in next few years. |
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I want to start trading , should i buy Bitcoin or Etheureum first ?
If you are going into trading and not holding for a long term, it's a very good idea, but you need to be ready for all risked involved in trading, It is better you go in with both bitcoin and ethereum. I think holding bitcoin in the present time is also good, Because currently bitcoin price is expected that the price of bitcoin will continue increasing for some more time. Therefore by only holding bitcoin will even give you a good profit. Although short term investment is also good from which you can get a good profit but short term investment is also too much risky where one can even lose all its money in short time. |
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I'm pretty new to the forum but I can imagine it will be easy to manage bitcoin related time even if you have a job. You can always do bitcoin during AM and PM breaks, during lunch, or even spend a whole lot of time on it when you get home.
Yes that depends you on. If you have intentions to earn more and more then you will yourself do more to earn more. This is simply a rule that defines everything that comes in time management. Time management is actually how better you hold things with you. And definitely you will hold only those things that are most important to you in any case. So bitcoins are important for many. Well i believe that time management is really a good way to become a productive in any kind of works maybe people who do time management is now already have many experience on any kind of gaining system because they really do time management and on yhis way time will really use through important things and it is really a good way to have more income. For leading a successful life it is too much important to manage our time in a good way. Time management play an important role to become successful in trading. I thing those people who know how to manage their time they in fact can be consider as the successful people. Most of the people do not care about the time they even do not know how to manage their time but for me i think it is too much important for a trade to manage their time in a good time. |
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I always believed in the short term positions and to be honest they are actually good way to grab bitcoin or any coin with lowest rate and then re invest the coin or fiat that we have gotten that way. You see it through my perspective, if the coin is not stable for pretty long period and we saw many ups and downs then we can always buy the coin when it is in crest and sell at trough and if we see another dip surging afterward then just buy it with those coins which you got as profit from the first trade. So that’s how one should use the short term positions. Very beneficial if we keep repeating it ever.
I suppose, short-term investment is always there though Bitcoin always rises. So I do not think Bitcoin's price affects short-term investment. For example like ICOs, trading, tokens, and so on. It looks like a short-term investment if we take a good look. ICO is a solution for those of us who want to make money with a quick investment. There are some people who can benefit 1000 times as much because of ICO. But remember, not all ICOs are legit and profitable, there are some scam or fraudulent ICOs because they only utilize the popularity of cryptocurrency to deceive. Increasing rise of bitcoin is providing good opportunity to short term investors to make money. In fact people always try to buy bitcoin in low price so that they can get a good profit after increasing price of bitcoin. If the investors are confident about the price of bitcoin or any other altcoin ten they try to invest their money there without any delay so as not lose the opportunity of making making money. |
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