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I have never supported only saving or only spending Bitcoins. What purpose would this coins have if you don't use them for anything. Especialy if you have biger amount of Bitcoins you should divide them more purposes and depending on your needs and preferences put a part on saving and part for investing and spending. Only this makes sense to me.
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Somehow I can't escape that feeling, many times it seems that I miss good opportunities related to Bitcoin and I regret it afterwards. Maybe my bigest regret is that I missed the opportunity to trade with some larger amount when I had 7 Bitcoins in my wallet. But I never, ever regret that I don't gamble, this is the good way only for losing money.
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I sincerely doubt this will ever happen. The best thing it could be achieved that cryptocurrencies become equaly accepted and recognized as fiat money but to replace it I think it's impossibe.
For this to happen cryptocurrencies need central banks and governments full suport and regulation but that is also something that many users wouldn't like to see.
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I don't know, at this point of view 15000$ looks unbelivable and exaggerated. I mean it looks very nice and I would like for this to happen but I'm not sure it's possible. So many factors that you can't predict influence the pricr and you can't be really sure how the market is going to respond. But the end of the year it's not so far away so we will find out soon enough.
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Unfortunately I personally know some people whose wallets were hacked. Especialy vulnerable are online wallets and you can't be never careful enough. And people disclose their data very easy so sometimes hackers have easy task. Always take all safety measures that are at your disposal and don't ever think that you are completely safe and that Bitcoins will be stolen from someone else.
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I hope not and want to beleive that 1000$ is treshold that we have overcome long time ago and these times are over. But on the other hand I know that many users would like that so they could buy as much coins as they can hoping they will get rich once Bitcoin price goes to the moon and exceeds 5000$.
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I can believe that Btc can reach the value 5K$ very easily ,after then 10k$ is very much possible . But don't believe that it will reach 50K$ ever. That is too much value.
No price is too high for bitcoin, the only issue is that I’m not sure we are going to watch a price of 50k in our life, the 10k price we are going to see it in the next 5 to 10 years at the latest and the price of 5k is probably that we are going to see it in this year or the next. No price is too high according to our wishes but again we have to be realistic and be aware of Bitcoin limitations. Some new adaptions and technical solutions are needed. No matter the increased demand and limited number of Bitcoins the price of 10k or 50k is exaggerated to my opinion. Even in 10 years time period or more. |
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I am getting tired of all these posts in this forum expressing apprehension over the current dip that Bitcoin got into. Rather than spread FUD, we should see the history of Bitcoin and by doing so we could realize that this is quite normal. There had been many price corrections in the past and there can be in the future.
Those new to Bitcoin have to just relax and hold on to their Bitcoin as soon our beloved coin can be back on surging. Remember that any dip in price can mean an opportunity for many to beef up their Bitcoin hoard...and that in turn will re-energize the whole market and before we know it Bitcoin is again slowly climbing up the hill.
Would you like to Bitcoin to go down as $100? Of course yes, so that we can all buy as many Bitcoin as we want. Though it is just a dream...it might not happen.
Exactly my point of view, those panic posts about Bitcoin dying and similar every time when the price is a bit down really get on my nervs. But I think that reason for that is large number of unexperienced users that appear each day. I think that many would like for Bitcoin to get to 100$ but under condition that very soon after that will be worth at least 10000$, otherwise what is the point. But this is not going to happen. |
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I really don't like this panic announcements, especialy not without any reason. It is not the time to panic and not the time to sell. If you look again you will see that Bitcoin has crossed 4000$ and probably will rise more. Sometimes I have the feeling there are more and more new unexperienced users who panic always when the price is not going up.
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It's simple, at the moment this is the most profitable investment, in the short period of time with speculations you can earn a very nice sum. That attracts people the most. And this is investing in the future, in something new and different and that still not so much people have the opportunity to have and use, it's a privilege.
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In my country there are no taxes on Bitcoin itself and tax authorities in general are not much focused on cryptocurrencies.
How much IRS could be successful with this tool this is about to see but for sure it's not all mighty. And I don't think they will be focused on all transactions and all users, just those suspicious ones they have some information or records so average user doesn't have to be afraid.
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It looks like the price is more or less stable now at around 4000$. But this could change any moment and it's realy hard to predict how the price will move, all we can make are estimations. But I'm sure we could touch 5000$ soon if Bitcoin successfuly overcomes all issues on the way.
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To be completely honest I'm not very keen to new cryptocurrencies, I don't give my trust easily. For me Bitcoin was proved so many times in positive way and so far this is the only cryptocurrency I trust.
One of the crucial things is always who is standing behind the cryptocurrency and what are the perspectives for the future, how the idea is developed and whether it has any solid ground.
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It's possible but it's hard to tell for sure. At one moment we were close but then the price returned back to 4000$ or a bit lower. Having in mind that there are many predictions about Bitcoin going to 5000$ by this fall we can expect that soon, just a little patience is needed. But many users also think this is the peak for now and they start to sell.
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To my opinion Bitcoin going mainstream would mean that it would become fully regulated by governments and central banks and incorporated in financial system of the country. To my opinion this is not going to happen yet although some countries are heading towards this, like Japan. Untill that happens everywhere Bitcoin will remain alternative. But the more people will use it, the sooner Bitcoin will become mainstream. Is this what we really want?
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That is for sure, it's hard to predict what will be the upper limit. With more adoption and implementation the demand for Bitcoins will be bigger and the price will go up. Some predict 10000$ in one year period of time but actualy it's impossibe to say how far can Bitcoin go. Everyone who wants to invest should have part of the assets in Bitcoin.
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bitcoin is not a good to be lifetime asset because it's not stable because of its volatility and btc was famous because of that. and also bitcoin wouldn't be there forever because there will be always better than it. remember that some country banning bitcoin. also don't be dependent on your bitcoin because anytime it could disappear much better if you put your investment on something worth it like property or gold.
Well, yes and no. Bitcoin is volatile but if you watch the market closely you will know when is time to sale and convert it to fiat and save it that way. You have to act proactive and dynamic. But I think the same thing is with every kind of investment because everything changes with time. At the moment in short period of time with Bitcoin you can create the amount of lifetime asset that it's not possible with every other investment. |
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It was really a pumped and I managed to get out at my buy price, thanks to those who pumped it.
I thought BCH could be something huge because BTC is falling and BCH seems more profitable to miners in terms of mining but it turned back and is facing a downfall once again, so no more worries for BTC. The only thing that's confusing me here is who is mining BCH other than ViaBTC?
Bitcoin is falling? What are you talking about, this makes no sense? On the contrary, Bitcoin is on the rise and BCH is just another altcoin that on long term has no perspective. It's just a lot of marketing and many people connect it to Bitcoin that is why BCH got big attention. But there is nothing behind it. |
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At the moment Bitcoin is better investment than gold because you can make biger profit in shorter period of time. But this is not always so and you have to watch both markes carefuly to make decision on investment. Long term speaking gold will always have the value and it will be always good to have some assets in gold.
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The most I ever had was 5 BTC. I earned it just for signing up on affiliate link to someone's Dropbox. At the time 5 BTC was worth $15.
And you would have very nice amount now if you have kept them. The bigest amount I had was 7 Bitcoins but back then the price of Bitcoin was 250-300$ so that wasn't such big value. I wish I made this amount even biger but unfortunately I had to spend it. I'm not sure I will ever have so much Bitcoins again. |
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