A lot dollars have been lost in gambling. So without thinking, whether the price will increase or not will continue to buy at least for some $1000.
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Blockchain is also like a online bank, there are bitcoin ATMs also. and bank and bitcoins both are different bank can be limited for a country or state only. bitcoin is worldwide. and banks are afraid because more and more big transactions are going with bitcoins, so bank's value is going down.
Banks are stilling making billions of profit but there will come a taem some new setup will challange them. Right now all our hopes on onto bitcoin. Banks will face higher competition from bitcoin in future but that will not banks disappear as banks enjoys the monopoly at a moment and it will continue in future too. Truly bitcoin will be a big competitor for the banking system. But in future banks won't be enjoying monopoly as bitcoin will be preferred as an alternative transaction source same as the banking system.
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People are going to buy Bitcoins because their main reason is that they want to earn some profit with it and that would be nice for the Bitcoin. But you have to know that you can wait a really long time before the value will be more worth.
I do not think you always have to wait a long time to get a big profit if you're still in luck. maybe you will benefit in the short duration. In my opinion luck doesn't seem to be a factor that gives you the profit in the short or long term. The time you enter into bitcoin determines the profit you get. If someone had bought two weeks back when the price was around $450, he could have profited in a short time which touched $480. But now at the same $450 if bought the long term wait is needed for a good profit. So right time gives the profit than luck.
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I agree. 2016 is good how it is already. We should get our act together and focus on this year. Because this year should be the year of bitcoin, at least the year bitcoin will get more attention again.
Its not about the grabbing of attention. Even without the knowledge and happening of halving it has attracted a lot users and most were now a part of the growing technology. In this regard bitcoin gets a additional attention if halving seems to be effective this year.
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I would try hard and find a job. In the early days I've made a mistake by gambling while I was in need of extra amount in which I lost everything.
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I have bought a small portion of bitcoin for the amount that I had, and now as each and every user here hoping for a better price on halving continuously holding and trying to earn more.
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The bitcoin will go to the amount of 500 dollar for sure without any doubts, I really do not have any doubts about that to be honest. This month it can even achieve this in my eyes.
I hope your words came true, when you look at the chart right now, the price is going crazy again after craig wright came in...I think $500 will happen maybe at the last quarter of this month or next month.. From the decrease below $450, once again we have touched $450. So we can expect $500 in a short by the middle of May if the small increase continues.
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Borrowing is good when you are with a shortage of amount for a particular investment which is to give you a valid return within a short time. Else just borrowing without prior plan leads to loss.
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For the user who has a huge volume of bitcoin into the wallet long time holding is really a profitable one, but for the users who hold one or two bitcoin won't give a good profit.
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If I hold 1 or 2 btc for a long time, It will be surely profitable in the future or not???
I think it will be profitable. Most people buy bitcoin hoping to get more money out of it. But if you think anything else: sell now and buy when bitcoin is cheaper. holding some btc for a long time and trading with other some btc is also a good option... Holding for a long time is not the right decision to make a big profit, if the bitcoin you got is very low. Only large number of bitcoin holding gives good profit on a long time hold.
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to choose a coin in the trade, I myself saw several factors, such as volume, buy wall and a 24-hour analysis of the movement of the coin
Above all the price variation is the must when you start trading with bitcoin. Trading with altcoins need the right time, as altcoins rise only at certain instances.
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localbitcoin is still the fastest/easiest way for me
I too feel localbitcoins.com to be the best and fastest method to cash out, also it has got the accessibility over the entire world currency which is the best of all.
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Hi guys, I am a student from Austria and currently writing my masters thesis about Bitcoin. I am still looking for Bitcoin users to fill out my survey. It only takes 5 - 7 minutes and in the and there is a lottery where you can win 3 x 25 € in BTC. https://survey.wu.ac.at/btcn/index.php?sid=95455&lang=enIf you have any questions you can message me here or via mail (the adress is on the main page of the survey). Thanks in advance. Best, Mucki Congrats on the effort you have made in the process of learning. Surely you will be in the higher authority of bitcoin in the future. Try spreading of bitcoin through educational source too.
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Swiss Bank is known for keeping a lot of illegal money there because of their secrecy law. If you safe a lot of money there, you'll get a lot of suspicion.
Bitcoin isn't as famous as Swiss Bank in secrecy. Bitcoin maybe will be used as the new Swiss Bank Account because of bitcoin's anonymity.
Swiss has the same banking system with a small variation in the regulation and accessibility. Now when we talk of bitcoin it's totally different. It has got a anonymous nature on transaction but if a particular person's bitcoin address is known anyone can find the particular person's balance.
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I'm more of a conservative investor, especially when it comes to crypto currency. Right now, only a portion of my fiat is allocated to BTC. Once my confidence in the technology grows, and I have seen its stability, I'd consider putting a more significant amount than what I'm investing right now.
What are you going to wait until the price of bitcoin as gold? reached its peak and then become stable? I think the train should not be left behind. bitcoin will benefit a lot for you even though price movements are very fast or very volatile. but even so bitcoin still trusted By being conservative, I meant only a portion of my money will go to buying BTC. I'm not saying that I'm going to avoid investing right now, all I'm saying is I'm not gonna put all my eggs in a single basket. Always better to have my investments in different financial instruments. That is the best option with all investments.Never invest heavily in any single business.Diversify it.I buy bitcoin in small amounts every month That's the best of all investment. Only diversified investment can give a good profit as well a guarantee on the investment as if one of the investment fails, with the alternate investment loss can be compensated.
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Like the most I will hold it till the halving has been happened, if that is happened I cash out with some good profits for sure.
Halving is a big expectation of the every user. Right now holding will give the best profit than the other earning method these days.
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Of course i believe in bitcoin. I wouldn't be around this forum if i didnt have any interest in it.
I have been much attracted by the technology as well the earning method it has provided. With the hope and the continued support which bitcoin is getting its growing high.
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Yes I'm buying bitcoins for sure because you can make nice profits with the bitcoin for sure. The halving will help is to make profits so why should you not do it.
As quoted bitcoin halving expectations has made bitcoin users to buy at least a small portion of bitcoin. Now even after the decrease now the price is moving towards increase slowly.
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Shaping up as big year No doubt bitcoin is growing by year.2017 would be better for bitcoin than 2016 and 2018 far better than 2017 and so on Every next year is the year of bitcoin Thats right Unlike the halving or other incidents, every next year becomes a good year of bitcoin when the adoption increases with a steady percentage of users regularly.
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People that is using Bitcoin must have the patience for it to wait for a better value and that would be nice but it is hard to know what is going to happen of course. But it is hard to find out what will happen with the value so the chance is also that you can wait a lpng time for it.
Every bitcoin user doesn't need the patience, only the user who expects some additional profit than the regular profit needs to Wait. Else can get small profit with minor fluctuations happening often.
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