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Good story for sharing the experience and it's great guideline and help for Bitcoin beginers but actualy the most valuable experience is your own and that is the best way how you will learn things, feel your own ups and downs and get the best out of it. So hear and learn from others but don't be afraid to try on your own.
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Exactly, no one realy cares anymore because it's past tense now, no big impact hasn't happened, Bitcoin has successfuly survived this so,we can move on. The price is on the positive track, users stopped to panic and I can't see any reason why we should further bother with ETF. Let's bother with the future, not the past.
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Trading and exchanging are some usual investments for Bitcoin but you could also try something different like investing in art, shares, maybe some profitable local start-up. These are not usual and tipical investments and they are more complicated to performe but the profit could be bigger and even more secure.
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I say by the end of December for sure, but feeling the summer is a possibility as well. Your thoughts ?
I'm quite with current trend $1500 will be on the board by end of end of April or maybe before end of Q2. At the moment bitcoin is looking very solid currency. Yeah, we could expect $1500 if the trend continues. but i have a feeling that it'll crash first then by the end of the year we'll be at $1500+. It would be nice to see some sort of an explanation as to why you think the price will crash. I honestly don't see anything indicating this since the increasing demand is the main driver of the price. That however doesn't mean we won't go down a bit, but a crash is not something I am worrying about. My range may be a bit on the wider side, but I think we'll keep bouncing between $1150-$1250 in the coming weeks/month. Mainly because of people cashing out, where after that the demand pushes the price back up. I agree. Ever since Bitcoin has reached 1000+ price again everyone is talking about big crash but without any solid ground for that. What are the key issues and facts that are in favour of big price dump? At the moment I can't see any but people are probably afraid because of some events in past where the big pump was followed by big dump. I predict that Bitcoin will remain around 1100-1250$ for a while and for a 1500$ we will have to wait longer. |
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People usualy don't save for fun but because of need and will to have some funds for the rainy days and future that will give them the feeling of security. So, the same thing is with Bitcoins with the added value that Bitcoin is also an investment so with saving Bitcoins people hope for the future profit. If the profit means fun then I save it for the fun.
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You can do this already in a couple of Swiss cantons can't you? It sounds like a dismal idea to me but if people want to do it then go for it. I can't imagine they'd be happy recruiting a third party to handle the conversion so it's not going to happen.
But why pay tax in something that should carry on rising. Far better to pay it with something becoming increasingly worthless.
I haven't heard that it's possible in Switzerland but it's good if people have that option. Personaly I don't think many countries will follow that example because that would mean that Bitcoin is fuly adopted in financial system as a currency and payment method and equal to fiat money. That also requires additional regulations and many governments are not ready for this. |
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Maybe some small, individual local minimarkets would accept Bitcoins as a special service to their customersbut large chains probably not because this is still too risky and too complicated for them. Also depends on the country where the supermarket is placed and the local regulations. The only thing you could do is to use Bitcoin debit card, it's accepted everywhere.
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ETF is already passed issues, why don't you just forget it. Nothing crucial and very important have happened so let's just move on. Bitcoin has well survived this decision without any serious problems so endless analysis about what and how the things were at this moment doesn't make very much sense to me.
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I don't think this could happen, Bitcoin is not that strong. Bitcoin can be alternative and some parallel currency but not the mainstream in some country and people would not stop using fiat currencies and switch to Bitcoin only so there is no danger. But governments are more and more aware of Bitcoin presence and that they have to take it seriously.
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If the price continues to rise and having in mind the fact that the largest amount of Bitcoins is held by relatively small number of users that leads to the conclusion that Bitcoin already is elite currency. But still I don't like to see it this way and still hope that it will be widely spread among ordinary people who could have benefits of Bitcoin.
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I don't think they are losing control but they will have to change their behaviour and their rules. Cryptocurrencies, especialy Bitcoin has become inevitable part of finances and they can't ignore the fact that people are using it and that financial world is changing. So, the sooner they embrace that changes, the better for them.
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I've also heard about that pizza that was sold for enormous amount of Bitcoins so probably it was the most expensive pizza ever and I don't know if it was worth it. But I've also heard that some guy was buying a Porshe with Bitcoins so that could be also one of the most expensive items if he managed to buy it.
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I was also interested to buy airline tickets with Bitcoins but I couldn't find any web site or merchant Investing such services so this is interesting information. But I think you can buy airline ticket using Bitcoin debit card on any regular web site offering tickets and that shouldn't be a problem.
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Just remember, there is no such thing as exta good fast profit with no efforts and investment, no free Bitcoin, no something for nothing in general. Everyone who is primising you huge profit without practicly doing anything is trying to scam you and don't give such person your money or personal data. In this case you would probably lose everything and get infected with some nasty malware.
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You can forget about the ETF already, it happened, it's past, lets look at the future, and the future is march 30th, ETF called Solid X or something, by some guys that I have no idea who they are. I would like what do you think the market will react to that. Exactly, let's forget about ETF. Nothing has happened, nothing has changed, a lot of drama and hustle for no reason at all. Market has shown that it is stable enough and capable to take such things without major distractions and that is good so users don't need to point that out anymore. |
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Some people are still not very familiar with Bitcoins, they are not sure is it legitimate to use it, they don't know where or how to buy it or how to earn it. To majority people here on forum these are normal things but outside this world when I mention Bitcoins to some people they look at me with complete confusion. Bitcoin still misses the good promotion.
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It's hard to say the exact number and also whether and how much the number of Bitcoin users is increasing. I have a feeling that the largest amount of coins is owned by relatively small number of people and some new Bitcoin users always come but some are also leaving the Bitcoin world. This would be an interesting theme for some serious research.
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Bitcoin is good investment but I wouldn't suggest to put all your money into it. I wouldn't suggest puting all your money into anything, not just Bitcoins. Every investment is a risk and there is always the danger of losing money so you have to invest with care and you always have to have some back up. Don't ever invest more then you can afford to lose.
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Unfortunately because of anonimity and it's virtual nature, lack of regulations, Bitcoin is very convenient for different kind of scam and fraud. Often, when that happens you don't have much choice to get your coins back or to report someone for fraud so before you get into any kind of business with Bitcoins you have to be very careful, do the due dilligence and check everything twice.
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I was very excited when I first started to use Bitcoins. It was long time ago, in 2013 but I still remember these experiences. Back then I didn't know much about Bitcoin, didn't know how to earn coins and I made some mistakes but still that was great period of time and I have learned a lot and realised Bitcoin is something that has perspective. That is why I'm still using it and why I will continue to use it.
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