Bitcoin is a decentralised currency and not controlled by anyone. So it is subject to price fluctuations. But fiat is totally controlled by the respective governments. So, when there is a chance of great fall in fiat price, the respective governments change their policies to control the price fall. So, fiat prices does not change more like bitcoin.
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I would always choose bitcoin than gold. Though gold has been for centuries, still bitcoin has potential to give good returns. You could see the tremendous rise in bitcoin price. It has not yet made upset any of its holders.
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It is always better to invest money than saving it. When you invest money, it grows gradually. When you save money, it just remains idle. I invested my money in bitcoin when its price was $750 just two months before and now its price is $1088. Just see the difference.
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Yes, holding bitcoin is a good way because we can now see the tremendous and steady rise in bitcoin price . Bitcoin has not disappointed its investors yet. Predictions about increase in bitcoin price is becoming true. Bitcoin price is expected to go even more. It is always to hold bitcoins as a long term investment.
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China has large number of bitcoin miners. In future, china may have large number of bitcoin holders in huge volume. It is said that chinese traders do huge pump and then do dump in bitcoin trading to gain more profits. But still, we cant say that china has control over bitcoins.
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Bitcoin transaction is pretty good but time taken for confirmation of transaction is more. It is a great issue which has to be solved so that all small business shops start accepting bitcoin payment.
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I tried many times to open a new account in lithium wallet, but couldnot open. Any body pls help?
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pm me the details.
Thank you
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Paper currency will last and it cannot be destroyed. But due to the progress in digital currencies, use of paper currency will get reduced to a large extent. In india, the government is trying to ban paper currency totally by demonitising , but they are now facing serious consequences. So, paper currency cannot be totally avoided.
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Its always better to invest money instead of saving. By saving, you just make your money idle, but by investing your money grows gradually.It would be better to invest in Bitcoins as its price is steadily increasing.
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Thats really a great news. Today, big companies have started realizing that by avoiding bitcoins, they only will be the loosers. It has become inevitable today for companies to accept bitcoins.
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The time taken for confirmation message for a transaction is more.
It is the biggest disadvantage of Bitcoin
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I hope Bitcoin willnot die. It has already crossed its first 8 years successfully. It is the future currency of the world.
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More people are getting familiar with bitcoin all around the world gradually. But i dont think that all of them will be joining bitcoin forum.People suffer in some countries due to instability of currencies and demonitisation as in india. So their only option to secure their investments is bitcoin.We could also see the price increase in bitcoin due to its high demand.
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Hi i want to buy senior member account.pm me the price.
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Best option is to invest in trading.You can invest in Altcoin which has a good reputation and market value.If you invest in a newly introduced Altcoin, you can gain more profits, but it is highly volatile.Better invest small amount first.
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I get my Bitcoin mostly from signature campaign.The income from signature is low.So i have invested my earnings into trading in Bitcoin/Altcoin.
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Hi i want to buy a senior account.Pls pm me
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I would just turn a deaf ear to advices of such people.I will only sell my Bitcoins only when the price goes very high.
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