I am not that lucky to receive any amount of btc randomly or accidentally as God has already told me that if you want to earn money then you need to make efforts, don't look for shortcuts.
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So after reading this article and especially the ending: One thing is for certain: having made Bitcoin less of a security worry, transparency will now be key in attracting users to new models, placing control of funds and fees in an upfront way in their own hands. I'm wondering what's stopping people from using bitcoin? And now I'm talking about people who already aware of bitcoin and how it works but still not using it. The price is now pretty much stable for more then a year, security issues are out of the question - so why we can't see in 2015 more companies switching to it, especially considering the unstable condition of moden economy? Would you change your local currency to a better local currency for a 1% fee if you want to buy something? The other currency is better, but you have to wait a few days, pay an exchange fee and care about the security yourself. The issue IMHO is that there are not enought ways to earn bitcoin for the majority of people you have in mind. Using bitcoins can make allot of difference for the price value. If more people are using the bitcoin the price will rise allot off coure not if they are only holding their coins. Higher number of users means higher price of bitcoin, and that will surely happen in next few years when bitcoin will reach everywhere, so we can expect higher price in future for sure.
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Now that I've gotten your attention, I promise there's a method to my madness. We've all been arguing over Bitcoin XT and (now) Bitcoin Classic while ignoring that there's a real world outside of Bitcointalk and the endless schemes to get more Bitcoin. In the grand scheme of things, it's not even really all that important whether Bitcoin stands a chance of destroying traditional banks as long as Bitcoin or whatever replaces Bitcoin if it stumbles can carve out its own niche. But we're marching toward a world where things are going to be moving pretty fast in matters that don't necessarily have to do with economics and finances, except for maybe who's going to be holding the moneybags. Is it going to be us, or is it going to be the big banks, or is it going to be some Third World tyrant who may have gotten a little too big for his britches and doesn't have a graceful way out? What I'm getting at here is, are we absolutely sure we're making all the right strategic moves to make sure cryptocurrencies have a meaningful, sustainable future instead of just being seen as a funny little gimmick that went the way of Beanie Babies in a few decades? Should we be making alliances with other up-and-coming, innovative technologies to make sure we can achieve our long-term goals? This is something we'll have to consider if we want Bitcoin to have any kind of a future.
I dont think bitcoins have a bright future because there are allot of people who dont believe in the bitcoin anymore. And as you can see the price of the bitcoin is allready go that low with 100 dollar in a couple of days maybe i understand them now. Bitcoin will never go back to $100 in future and if you think that bitcoin do not have a good future ahead then why are you wasting your time here, find some other way to earn money.
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At this moment I am not selling any coin. I feel the price is not enough to get the max out of it. I hope to see the price go up again, but I don't expect it to happen this year.
If price doesn't go higher at halving then we can expect same from the year, So I am planning to sell my coins 1 day before of halving, lets hope we will see higher price at that time. Selling it 1 day before isnt a bad idea but i def wouldnt sell all of them there would be no point to wait that long as if the halving does bring BTC down you will be angered and have no profit... I actually am probably going to sell it after the halving because i have learned about it and the halving process may just be another good thing for btc, i mean look what happened last time it halved. Yeah the increase of 1000% was amazing i think it was like $11 to around $100 because you'll eventually make profit and if someone had 100 btc at the time that's an amazing profit output for just sitting a a computer and waiting on that simple price increase. We cannot expect same huge pump from this halving, as price is not going high rapidly at a moment, and even if achieves the price of $800 then many of us would be satisfied.
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$1200 seems to be difficult to achieve after the halving, and if price reaches to $1k at halving then majority of people will sell their coins which will result in price drop after halving.
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Why that is never sell? You will not get a profit if you never sell you bitcoin , of course you will convert it into your local currency to get a fiat
If you want to earn profits then you need to sell it someday, as only holding can never allow you to make profits and if you are not grabbing the profits then what' the use of buying or earning it.
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I believe that the price of bitcoin will rise again.
There is no way to tell wether the price will rise again or not, in fact the price has been keep on dropping and goes back up. This is the effect of the halving hype and sooner or later once we reach halving, the price could be going down sharply therefore dont tell something that you are not certain about Many Bitcoin users believes that after halving price will go up. I also believe that the price will go up. Now going back to the topic if you have money better to buy it Bitcoin and just keep it in your Bitcoin wallet, It is the same as saving your money in the bank. But in this case you can profit more in the long run if you can wait for a period of time. Goodluck Bitcoin could be considered as the best investment currently , what I actually mean as the best is that the return of investment is quite high compare to the other investment out there and you can literally 'save' your money in bitcoin however it is definitely not the 'safest' investment compare to gold Its not the safest but at this stage we can afford to take that extra risk to earn best profits at the halving and that profits we can invest in gold later on.
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I think bitcoin will never replace the role of paper money. today people are already accustomed to using paper money, even a little child already knows how to use it. I think bitcoin will only be part of the Internet, or digital currency
bitcoin will never replace fiat or paper money. but I am sure paper money will disappear and be replaced by a new version of fiat? how bitcoin? maybe options available for fiat Paper money will eventually dissapear because we are the innovation generation we started most of the innovating in the world, we will change the world to digital currency, even if that currency ends up just being the same ones we use today but just online, it will mostly be online! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) well your talking far into the future, yes paper will disappear one day and be replace by a money probably digital if the whole planet is capable of giving everyone a gadget that is able to use the said currency. but, rightnow and for the several decades to come paper money will reign, bitcoin might be able to become alternate currency but that is for the best. yeah I thought so that paper money will definitely be replaced with something more inovativ and more advanced course. but all the people will not know when it will happen? You cannot replace paper money because that is the simplest means in doing your transactions daily. People who does not know how to use internet will be comfortable in using paper money. Paper money is still the best when it comes to buy anything physically, as there are many places where only paper money can take care of, and I think it will survive forever.
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As the title says, is the halving good or bad for the price of bitcoin?
The halving will decrease the supply of bitcoin, whole keeping the demand, so that would make bitcoin worth more.
But the halving will make mining profitibilty worse, meaning less miners, a higher trans. fee, and maybe causing a smaller demand.
What's your verdict?
I think bitcoin will still go up, as the fees might, let's say, double, but that's still a smaller transaction fee than through the banks...
The Halving is probably a good thing for the Bitcoin, because Bitcoin will be able to stabilize and even why not go up in value. But I agree with you, the transaction fees will go up, you can use Bitcoin online wallets as Xapo that have no transaction fees but do not communicate the private keys to their users, so that it is not very secure. Why would anyone share his/her private key, only fool will do that. On the other hand, the halving always do good for the bitcoin community because it always increases the price of bitcoins, that is important to make the miners stay doing their business profitably. Yes and I think this halving will be really good and profitable for all the users, as price is increasing now and it will be reach at the best position at the time of halving.
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Yeah holding bitcoin and selling it for $1k per piece will be a great decision because you can earn a lot of money without using your own money because you got the 10 btc in a giveaway(if he is serious on giving bitcoin). I think he should not have to sell all of his coins, as the price will increase the whole year and the better decision will be that, he only sell the profit from there, so he will get a continuous profit. if you have bought bitcoin lower than $300 then it is a good profit to sell at least a part of bitcoin to get some profit but only if you need the money. otherwise keeping it for the long time is better for making real profit. Yeah if you are able to make profits at current price then nothing wrong in selling some of your coins and hold the rest for halving, as we may sell all time high at halving. i say this because i did that myself, i sold some above $700+ and enjoyed the $520 profit that i got from my investment and spent some money and then bought back at the bottom again. That is the best strategy to follow and making profits on timely basis, and it also depends on at what price you purchased your coins, if you see good profits then you should definitely sell your bitcoins.
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You should start your journey with signature campaign, it will start filling your wallet with bitcoins on regular basis, and once you have saved descent amount of coins, then invest that in trading.
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Hello btc users! Just interested - how do you spend your BTC bitcoins? Buy something, trading, maybe just collect and waiting for good price? Of course I sold my big when BTC. I gathered done beforehand to fully grown. The big when I lay. I can withdraw through remitance😂😂 i dont think it is actually a really great thing to sell your bitcoins right now because the price of the bitcoin is definitely going to go up because of the soon happening halving event i always hold my bitcoins to be honest in order to make some big profit in the near future, besides that i sometimes do trading in order to make money out of the bitcoins i have Exactly, this is not the right time to sell, you can earn huge profits in future if you keep your bitcoins safe till that time, as price will be higher in near future. yes in present time I can only hold my bitcoin and wait tell the time of halving. I think it is the best time to hold bitocin even good time to buy more and more bitcoin. because I think the price in preset time are very low as we are thinking about. so Its good time to buy more bitocin and wait for the time when its rate will raised to its high price. If you feel that current price is good to buy then you should buy it, and if you have descent amount of coins then do not buy now, make profits at halving and buy after halving is done, as price will go low at that time..
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I'm sort of new to bitcoin, I've made a couple bucks already from visiting ad sites, doing faucets, etc, but is there any other way to earn easy cash? Anyone got any suggestions?
how do you double your FIAT money? well that's your answer. you try this sites. hashocean. because they said well that their site because the site as long as that, I do not know if how much is that true. They are still paying , so nothing to worry . But we don't know when they closed and scam us. Unless they have proof for bitcoin cloud mining , but where..? But , they are still paying . Also beware of any cloud mining now they are like ponzi scheme rather than "mining" If they are paying now then its well and good, but we cannot expect the same in long run, as its really difficult to trust those sites as may be in future they might run away with our money.
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Holding is the thing you should now do because of the rising that are gonna take place this upcoming month. The bitcoin has such a good future a head this year, its just that we need to have some patience now, that is the downside of it. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Seems like it to me. Definitely need patience, but maybe not as much as we think. Now we are not too far from halving, so we can afford to have patience for next few days, it will be good to see price going higher at halving, and if it doesn't then we don't have any other option rather then to hold for long term.
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Its better to buy bitcoins not gold. Gold price is increasing slowly but bitcoin increases so fast, its possible to get a large profit in bitcoins so i am recommending bitcoins
That is the thing compared to gold, I think the main reason why it’s price doesn’t increase that much is because of the scar resources that’s being gained. Unlike in bitcoins, every single second there’s an increase of demand as the growth of it is happening everyday. the increase demand on bitcoin only work on the long term, and with the halving, without the halving this current hype would not be there i think, i hope this increase is not just pure hype and there is something else under it, that will make it a stable value I don't think that stable value of bitcoin will attract people towards it, but at this stage I would prefer to invest in bitcoin, only because of halving, as profits are expected to be achieved very soon.
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Well IMO bitcoin would not be as popular as it is if it had a stable price. Many use it for investment because of it's unstable price. If it have stable price, I don't think many will use it.
yes because majority people who using bitcoins want to earn some profit with trading bitcoin and i think this is common things everybody already know about that and if prices too stable i'm afraid people will start to leave it because bitcoin no longer profitable Yeah people wants to make profits from it and that is only possible if there is price fluctuations, and if price becomes stable in future then majority of people will prefer to quit bitcoins, especially the traders.
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As we speak the value of bitcoin is about 673 USD according to preev. I hope it will continue to rise more in this week and reach 1000$ later. If that would happen it will be nice.
It's pretty hard to think now that bitcoin will rise to $1,000 because many things are happening like halving, brexit etc. The price is trying to stay above $600 but it is very unstable. It passed $750 but fast was decreased to $600, hope this halving will increase the price back to $750. It would be really disappointing if price don't touch to $750 at halving, as people are hoping to see the price of $1k at halving and it will be really frustrating if it even reach to $750. Yeah but i think i believe that th price of bitcoin will still hit in this value and more price increase after block halving.. In $1k value for now its iimpossible right now to think that the price of bitcoin will hit in 1k value if we see that the price is increase and hit to 900 value Expect for 1k value.. Not sure man btc is going to SKYROCKET after the halving, it could take a month but it definitely will go up in price, the price range im estimating is $950 but $1000+ is more than possible because of the price value now i expect 1000% increase. Don't expect price hike after the halving as majority of community feels that price will fall back after the halving, so if you want to secure profits then selling before or at the halving is the best time. I also expect the price to plummet once the block halving has taken place. It's not that unusual as people are hyping up the block halving like it's the only thing left for Bitcoin that can make the price increase. Looking at the current situation I don't think that we will see higher price at halving, as price rise is too slow and it can definitely wont take to $1k price.
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Well man I think we shall sell our bitcoins anytime we want. Taking advantage of the price fluctuation is better than keeping it sitting for years. Well that way you earn more.
Definitely you should sell when you honestly feel like the price wont increase anymore Do not waste your time though on stupid stuff like investing in cloud mining or anything like that. But I think the bitcoin price will rise forever. It has limited number of coins, so it is deflationary, the price will rise as a result. Price rise depends on demand and supply, if we find more users in future who are willing to buy and use bitcoins then definitely the price of bitcoin would be much higher in future. Well i thing user will increase more and the price should be increase because banks here in my country planning to use bitcoin their partner business.. So we on't need to speculate how much will be the price of bitcoin if you are a marketer bitcoin is one o the trending currency and almost 50 forum mention this bitcoin.. Its really good to hear that in your country banks are supporting bitcoins as in my country that is never possible as banks view it as an threat to their system and a tough competitor.
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I have my own strategy with Bitcoin ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Some of BTC funds I invested in other online business opportunities, some of funds I invested in my own online business and rest of funds I keep in my BTC wallet. In this way, I don't care much if Bitcoin price is going up or down, I know that I used my BTC funds in the best possible way. I throw my btc into a cold wallet to make sure that i know my btc is safe and then ill wait like a week at a time just incase the price stabilizes at a good value then i can make some good money by just storing it and keeping it nice and toasty. Its always good to save your bitcoins for future as we all know that price will go higher in future which will allow us to make good profits from the coins that we have saved. you are save for the future? what if the price rises in the middle of the road? I mean high prices go up in just 1-2 months. is it you want to sell your bitcoin or still hold your bitcoin for future Its always good to sell your coins when you are making profits from it rather then saving it for long term, as you never know what will be the price of bitcoin in future.
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im making 9.18 USD per day via cloudmining which im surprised, if only i get it higher. link in my sig is what cloud mining service i use.
Lol people will not only depend income from mining alone. let alone to try mining you must have capital and you have to wait a long time roi. it was very frustrating for me. especially if the site being a scam We don't know which site is genuine or a scam, we need to do lot of research before investing in cloud mining and for me its same like gambling, there is 50 50 chance when you invest in it.
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