I'm sure that you need to do your own coin research and decide...in another case, you won't be able to do the work on the mistakes, if you transfer responsibility to others
I suggest you should invest in ETH or Altcoin because bitcoin is far away from 7000 dollars. You may invest in bitcoin but it will be just in points. But if you buy ETH or Altcoin you will be mentally relaxed and you can count your profit easily. If these coins fall then it will be in range, but if the price of bitcoin falls you may lose all your investment. Therefore it is better to invest in ETH or Altcoin. |
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In my opinion, obviously btc has a high value but it could not compare to gold. Gold has a stable and high value it couldn't change the fact that gold is part of our generation thats why for me I would like to hold gold.
They say btc is much better to hold, yes its true because btc has a double value than gold but we dont know if btc will be forever but bitcoin will be forever.
If we observe the market value of both the bitcoin as well as gold since last two or three years, the we’ll hardly observe any difference in the market value of gold but when it comes to bitcoin., then a huge difference in the market value can be seen. I am in very much favor of holding of bitcoin as compared to holding of anything else as holding of bitcoin can make you much wealthy. |
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that's a good idea looking forward that i could double my money :, you can also invest in good companies if you want really want to make an income.
Investing of money is a very good way of making more money but there are people who get confuse while making this decision of investing their money and couldn’t manage to do so. I think so that the best way of making your money double using bitcoin is either by holding your bitcoins for some long period of time, or by started doing trading of bitcoin. Both will help you serve the purpose. |
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For now but for the next couple of years, fiat would be big no. Crypto would go from here and there and you can only choose different altcoin and not different fiat currency for paying.
There are likely chances that in the coming days, we’ll not even need of having paper money in our wallets as we’ll be able to pay the bills and but the things using crypto currencies. At the very present time, there is a need of changing your crypto coins into paper money as you need to have paper money to meet up your needs. You should try not to convert your digital currency into paper money until necessary. |
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I think we can spot the addicted gambler is the one that use all his money to play even he has a purpose for that money.
This is only one of the characteristic of the person who is addicted to gambling that he will be spending all his money on gambling even he has the purpose for that money. Also such addicts remain in financial crisis all the time after losing bigger amounts in gambling. These people usually cut off their relation with their beloved ones because they don’t want them to suffer from things which they haven’t done. |
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bitcoin will not end, but its price will go down and up
Agreed! I just wonder why some of the people are complaining this thing that bitcoin is going to end and it will lose its value. There is no way that bitcoin will end up especially in the next 20 or 30 years. Bitcoin is having a very bright future and it will for sure keep earning the fame in the very similar way in the coming days as well. There is nothing to be worried about regarding future of bitcoin. |
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What do you think a about it? is it good or bad for bitcoin?
The sudden increase of users are really not good. Yes it may be good if you are one of the pioneers who invested first then you surely are gaining your profit. However for the real users who are using bitcoin daily for their perspective business then the high fees can really be a pain in the ass. Especially for us small time earners Yeah it seems so nice and good when someone is joining bitcoins on your advice. Bitcoins are amazing and they need to be prevailed all over the globe because people must know how fantastic thing is there for them and they even don’t know. Bitcoins are rising and it is evident from the number of entries taking place every day entering the bitcoin world. Good luck to bitcoin. |
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For those who argue that Bitcoin and other cryptocurrencies are the next big things, buying and investing in Bitcoin might just pay off. Bitcoin might excel if currencies like the dollar et al trips under a hyperinflation scenario but that for now is not visibly an option that is available, thus, another fundamental question is wether Bitcoin can replace normal currencies and that again is not feasible in the nearest future. Why then should people invest in or buy a currency that can rise or fall by 20 percent in an hour or two?
Bitcoin and other crypto currencies are the next big things, and there is no doubt about it. Bitcoin has even made it clear that it is the currency of future and the demand in the market shows that people from all parts of the world are investing in the bitcoin and want to do the transactions in that. Governments even the United states and Britain are just sitting back and observing the situation, but in the end they will have to decide whether to accept it wholly or make some changes in legalizing the transactions. |
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You can invest your 2M USD by buying bitcoins. Pay in your cash and convert it to bitcoin and hold it for a while, watch how bitcoin getting dump or pump.
This is not the right advice, because if you have 2 million and u invest all of them just to check whether it will pump or get dump, then you are making a mistake. I know that market is very good right now and a lot of people have gained very very high profits from this but that is not a guarantee that you will also make the profit. The right advice is that to jump in the market and start tracking every move of bitcoin. Soon you will understand the phenomenon and then you can decide about where to invest. |
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Its both an asset and a currency right now. It will most likely become more of an asset and other cryptocurrencies will be currencies because of fast and cheap transactions.
And I considered it as a source of income rather than payment method. People are so much happier that bitcoins are being accepted worldwide as a source of transaction method like credit cards but I don’t feel good for that. Bitcoins should be only be considered as source of income. Like stock and other shareholding schemes, I think bitcoins have much more than just a payment method. |
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Another reason why people are cashing out is because its Christmas time. Every body needs to buy something so they need fiat. As far as I know March to June is the altcoin season. Is everyone selling their BTC?
It seems the price is dropping rapidly today leading up to futures
Yes l can understand that it is Christmas time but people need to opt out to other things to get money instead of withdrawing their bitcoins. In this way the price and value will not change and bitcoin can retain its market share. And your point of altcoin is of no value and no future. Because bitcoin has a very strong foundation built beneath it and it can now withstand every market drop and then recover afterwards. All investors need to do is not to withdraw their bitcoins and decrease their investments. They may take a small loan and do their work. |
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This is so really hard to say special cause its difficult to explain specialty in short word
Some of them are given below:
It’s a type of currency which know as peer to peer currency and this permit to send and receive money without help of broker or third party involvement
Every bitcoin holder can review their account information after sending money or receiving money from their account.
After all kind of transection bitcoin recorded sufficient proof of every client and account holder through different facilities.
Buying and selling process is so much easier than other currency
I think above mention quotation is sufficient for proving that how much special the bitcoin is.
I think the best reason here is because bitcoin is the first every crypto currency in the world. A lot of other people tried to make their own crypto currency or digital currency but Satoshi Nakamoto was the first one to be successful with the technology of Blockchain and was adapted by many other crypto currency today. We can say it is special because without bitcoin, there will be no crypto currency. First ever is good isn't it? It has a great purpose which it has been filling up right from the start, and almost every other one is like a copycat or trying to find ways to do it better by including their own ideas since it is an open source thing. However, the fact that bitcoin has been there as the legacy from the start and it has faced a lot of rejections and issues and still thriving till date is enough to have faith in the coin which is what makes it special. |
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I think it's still needed cause there are very few place that everyone can use Bitcoin directly for payment cause Bitcoin is not legalized worldwide so for almost people all over the world they still need to exchange Bitcoin into fiat if they want to use it to buy anything or pay for bill.
Yea, most especially now that the usage of bitcoin is not widespread and hardly will you walk up to 10 stores before you even get the chances of seeing anyone accepting bitcoin for now. Except for countries like Japan so far that has been able to legalize and regulate bitcoin, I really want to believe it must have given some merchants more chance to play around its usage than in places where it is not. |
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I think the minimum should be .010 BTC ,the recommended is 1btc up. It depends if you want a good profit then invest a large money. Be mind that trading involves high risk. Invest the amount of money you are willing to risk. What is a decent amount of Bitcoin you should have to make day trading worth while?
Right. Even on this thread, I can remember someone doing a challenge of 0.03BTC to 3BTC challenge and this guy was able to add up 0.01BTC within 2 days to what he has. My point is, you can trade with whatever you can trade with as long as you are good, although, there are some tiny amounts that would not be realistic but trust me, if you are good, and all you can afford is 0.01BTC, you can make it worthwhile. The only good thing with trading much more is that, the more the merrier. |
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Not all countries all over the world legaliza Bitcoin,Their are some country Bitcoin is legal like China,Japan,Korea legalize Bitcoin and accept as valuable currency..
Russia is just on the verge of regulating by looking at the way others are doing it to implement a way they can regulate its usage so it does not get to be used for illegal activities. There is no way every government can discard the chances and the full force crypto has brought with it which totally balls down to the support of the community which is why it is hard for them to halt it and hence, just find a way to regulate the usage. Japan has really done a good job so far and I believe other countries will be following their lead. |
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No, I really don't think that BTC will go down that low. Although there would be a correction, but it will not go that low. That's just like not realistic. I would like to sell this news, good entry as of now is 10.5k.
That maybe too low but there can be instances that we can see bitcoin to crash with that price. It may not be realistic to you since you used to see the price of bitcoin at $10,000 and more. Bitcoin is volatile and this is possible but I don't want it to happen though. Price is still good now at not going down to $9,000 anymore. Correction is way better than a crash, imho. Yeah that’s the very low value and bitcoin will not go so much down because bitcoin has a large investor community and they will buy if now prices falls to the 7k and that will not let price down to 3k, this is impossible to go back because people are expecting the prices to rise more so that they can get their profit part soon and I am sure that bitcoin will rise more and will completely fulfil the people expectations to earn. |
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No one knows when we will buy or when do we sell its just a prediction that now this is the minimum price of bitcoin so now it. But according to my experience in the morning the price of bitcoin goes down that was the time you can buy this is just an opinion from my side.
I am also strongly in favor of holding bitcoin for long time because this is the only coin in the crypto market which keeps on increasing in value that too in frenzy. Bitcoin has never ever disappointed its investors rather it has always given them profit more than their expectations. Indeed it is the time to hold onto bitcoin tightly as it is assumed to give an epic ride to its investors to moon by the end of this month. |
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It's not easy for anyone to collaborate with a complete noob on the topic of Bitcoins, but there are better ways to attract them towards the subject by asking them to invest first and feel the difference between Bitcoins and fiat. Once the excitement arises, just start telling them that an experiment was conducted to check if some digital tokens may be sent to the other party anonymously or not, and people liked it, valued it and that's what is Bitcoin is all about - perfectness. After that, grab their attention with some ^new^ words for them such as blockchain, altcoins, ICOs, etc. and make them understand everything step by step.
This is the conventional thing that everyone think that it maybe not working like he is told but simply show him the profit and introduce successful person in crypto to the person whom you are telling about it and when he will hear about the money coming out of bitcoin his mind will automatically give him a signal to take chance and invest and once he will invest and after that he will be one of people who will convince others. |
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Hi guys, I just want to know your views and opinion about the difference in Electronic Money (Bitcoin and others) and the Physical Money. Many people now a days are still confuse about the existence of the Bitcoin and how it differ from our Physical Money that we are using to buy necessity. I hope we could share and learn from each other.   I think in terms of usability is not much different. ie as a medium of exchange. It's just that electronic money is always changing its value and very easy to use in transacting online. But for daily transactions I prefer to use physical money. The price of physical money is more stable Of course, it is a medium of exchange and as long as both are being used by different set of people, they will still be serving the same purpose and will both be in use. The thing is, electronic money sounds more like an easy to use form of money for those in the tech savvy or close to tech savvy set of people. While we have some group who do not even have the strength of adapting to technology, it would be hard to just drop physical money as a form of exchange. The only difference here is one can easily be used across borders and also serve as an asset that is not being controlled while the other is not. |
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Join Form: Signature campaign Bitcointalk username: TheGreatPython Account URL: https://bitcointalk.org/index.php?action=profile;u=153532;Rank: Full Member Starting post Count: 233 Date of Join: 2nd Dec 2017 Bitcoin address: 1P6TDeBp7s4Ua95R4ABgzffyKLRaBgMQY2 Edit:Day 1: Post Count : 233 Day 2: Post Count : 235 Day 3:
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