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Every investment is risky, especialy in Bitcoins, but depends how much risk are you willing to take. It depends also how you invest Bitcoins, do you trade, lend your coins, gamble or something else. So you have to estimate and be rational but investing Bitcoins is risk worth to take for profit.
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I would agree with some users here saying that big and relatively poor countries are good potential markets for Bitcoins and its biger adoption. Because if poor condtions people often search for alternatives and Bitcoin could be one of that.
But for biger adoption in Africa and elsewhere we should increase the knowledge about Bitcoin and how to use it and better access to Internet and new technologies for such people.
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You can go with localbitcoins.com as that is the safest and best place to sell your bitcoins and the traders sitting there are the most trusted people with high trust ratings so choose a trader who is giving you the best rates and select a trader who has done most number of trades and everything will be fine for you.
I would suggest localbitcoins too but actualy I don't know if there are traders from Quatar because that would be the most convenient option, to find someone from your local community. Also, you can try to find some users for face to face trading maybe through your community here on forum. |
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For its nature I would say that Bitcoin can't be completely stable without volatility. Maybe now looks like that the price is more stable than before but that actualy isn't so. Any many people make their profit on Bitcoin's volatility and that is the reason why they use it. And depends also how the demand will look like in the upcoming period.
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Saying the price of bitcoin doesn't matter is a lie. There is a cost of acquiring bitcoins. Only a fool or a very very rich guy would think otherwise.
I agree with you. Price is a very important criterion. And for everyone who has several coins the price is very important. Everyone watches as bitcoin becomes more expensive or cheaper People take decision of buying or selling their coins looking only at the price of bitcoins so price is really important factor when it comes to bitcoins and it is only the price of bitcoins that attracts people to start using it or invest money in it. yeah I agree too, people attracts to invest because of it's price. And many people here earning bitcoin because the price is too high per bitcoin. If the bitcoin price is not high I think many people will snob this coin. Exactly. Let's.be honest, how much people would care for Bitcoins if the price wasn't so high? Not many, except few enthusiasts. Because of the price Bitcoin has become mass attraction, because of the price they see their chance to profit and have better future. So, it's prety obvious that for many Bitcoin users price is very, very important. |
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It's very sad that so many people these days have very bad experiences with banks and that banks caused so many financial crises all around the world. At first I also thought banks are the best place to borrow money and get some financial services.
Soon I realised that isn't so but let's be honest, bank is not social service and they are not here to help us but to make profit.
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I think people save Bitcoins for the future and spend them for the fun, that somehow seams logical to me. It's good to have some savings for the future, thus yo feel more secure and especialy when Bitcoin price is rising. But I have to admit that spending Bitcoins makes realy good feeling and its fun, at least for me.
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The bifinex 'troubles' will clear up eventually. The price is effected by it, we can't deny it, but when their tranfers will go through again the price will stabilize again. Best if it stays above 1200 this time. I don't like the price flirting with 1100 again and again.
If you saying bitfinex crises means you need to know that we already moving again to peak value. Price seems almost near to 1250$ now. Rate of adoption over blockchain technology seems to more than 30% compared to 2015. Bitcoin will be familiar to all the people in the world much soon. Once it's happened I am sure people have 1 or 2 bitcoins also will become a millionaire. I cannot believe that anyone is really hoping, that having 1 or 2 or even 3 bitcoins can make you millionaire in some time, let's say 15 years. There are so many cryptocurrencies at this moment, that there is always a chance of bitcoin getting smashed by some altcoin, which will turn out as a something which applies new, great technological solutions to a different branches of industries (not necessarily financial sector), which will mean that price of the BTC won't be so high. Also, i dont understand the way of thinking that bitcoin price will be able to go to the 500,000 EUR , or let's say even 50,000 in 2020. Being optimistic, I think that the biggest price we can see in 2020 on bitcoin, is somewhere between 2000-2500$, i doubt it will be more. Yeah, this sounds unbelivable but so many people realy beleive they will become rich with couple of coins just if they wait long enough. But there is no chance for some extremly high price in the near future and you can't predict what will happen with Bitcoin in 15 or 20 years from now. For all this users it will be better to stop dreaming and get to reality. |
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This is something that doesn't have to be the subject of discussion. If we want as much people as possible to adopt the Bitcoin we have to help the newcomers and give them the best guidelines, that is natural. Although there are some experienced Bitcoin users who treat newbies arogant and not very welcomed.
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We've all seen that BTC is getting more and more centralized, and I wonder if the people behind this attack could be trying to push even further into that direction. There are still some lonely individuals running a node at their home, and the attacker may want to make this next to impossible, as running a node should now command close and regular monitoring. So only large teams, or mining farms (from some large eastern country), with staff on guard would be able to run nodes efficiently. See what I mean?
Does that make sense?
It could make sense if it's true that there sre some interest groups or individuals who would like to see Bitcoin fully centralized because that would mean the control and power. In their hands, of course. But what confuses me is the question if this is realy possible, could happen that bi becomes centralized? |
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For the moment banks have no intentions to embrace Bitcoins. Maybe not just for the reason that they hate Bitcoin like some think but for the reason they find it too risky and unstable. Because banks wouldn't miss the opportunity to make profit, beleive me. But at the same time they are very interested in blockchain technology and I think they will start to implement it soon.
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You have made the three proposals and,I would say go for all of them. I'd say all this investments are good and the best option is always to split your available funds in order to avoid as much risk as you can. Never keep all your eggs in just one basket. You just have to decide on ratio of investment and at the moment the largest sum I would put in Bitcoins.
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This forcasts looks nice and we all hope for price bigest,as possible but to my opinion we can't expect 1400$ so soon. Although the price looks prety stable there is some volatility president but the price of 1400$ could be probaby reached some time in the next half of the year. Until then we will stay around 1000 to 1200.
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This is not good, people will abuse such list and put there names of users they don't like. And how can you be objective and on what ground could anyone take the right to label someone based on, let's be honest, subjective feeling. This will not end good. After all this is forum, a place where people can freely share their opinions and attitudes. Look,what ancient greek word means.
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People often think that it's not very important which wallet you choose, that desktop wallet, web wallet, hard,wallet, paper wallet are just the matter of preferences and they don't think about security and all advantages or disadvantages. My recommendation is always to choose multiple types of wallets with high security performances and never to keep all coins in just one wallet.
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I don't think that in this case the real hatered is involved but such reactions sometimes have people who has realy big expectations of cryptocurrencies, especialy Bitcoin, they have invested a lot but instead of profit they have loses and they end up disapointed. But anyway take the word hate with reserve.
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Bitcoin continues to establish as a,strongest and the most valuable cryptocurrency. This hasn't come over knight and can't be replaced over knight but at the moment I also can't see that some other cryptocurrency has the potential to go through that way and take Bitcoin's position.
I wouldn't say it's impossibe but it will not happen for a long time.
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Wow! maersk is a large shipping company! i am a blockchain enthusiast very pleased to know that the company is applying blockchain technology.
Maerk and Walmart made a good decision,it is so nice to know that they were already concurring the bitcoin world, it will help us more knowing that big companies were into bitcoin now,means more investment and will have good market to keep bitcoin standing and growing,soon more companies will catch up in bitcoin. Implementing the blockchain technology doesn't mean that they would support or implement Bitcoins, there should be a clear line. They just want to use this successful decentralized database for their business. Banks are also very interested in implementing blockchain technology but that doesn't influence Bitcoin in any way or does something for its promotion. |
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I don't beleive in some theories presented here saying that governments are actualy contoling Bitcoin by buying large amount in th beginig with the aim to destroy Bitcoin. This is just another conspiracy theory. And Bitcoin is not that relevant to governments as some might think and they don't consider it as such big threath, they have biger issues. But it's true that recently governments are more interested in Bitcoin than before because they see their opportunity to have their peace of cake.
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I actaully sometimes feel what people think which does not make sense at all. Now this subject line says person will remain on earth forever if btc price does not reach 50k$. WHich may not happen at all and every one know one will be leaving earth one day. So how does this thread make sense.  LOL thought about that as well. Perhaps he doesn't really mean it like how we read it. He's probably expecting some kind of miracle for btc that it will hit that high in a decade or two. I don't see it also reaching 50k ever. Though i surr wish it would, its folly to think its even posible to hit half that amount Well to be honest the price may not even cross 200 in coming 2 years. Its very difficult for price to go above 2000$ unless and until China makes it a legal currency and start accepting it everywhere then only it will rise else it will be under 1500$ or so. I have to agree with this, for a longer period of time Bitcoin price will be circulating around 1500$ max or so and despite our wishes 2000$ or 3000$ will be hard to achieve in next year or two. The price of 50k is still just a dream or in best scenario very, very distant future. So, don't dream, focus on reality. |
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