^^^ PSA: Do not click on the previous user's banner. 'GermanGiant' is a shill for, or even the operator of, a known 'cloud mining' ponzi fraud. He chooses to post in forums which do not display his trust rating because it shows him to be untrustworthy and it has dramatically impacted his scam's ability to rope in new victims.
Thanks for saving most users from this ponzi, Just now went through his profile you too have given him a negative trust.
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Bitcoin will take over the FIAT. Thats the next big step for the bitcoin in the future.
No, I am afraid bitcoin can't do that. that's too much...Even if bitcoins price is in four or even five digits, as long as its uses is limited only to few stores and online transactions, then, still, fiat play a role in each country... Yeah as said, not at all possible. Fiat is not present within certain community or within few countries. Its been used even by people who were not much educated as well by technologically back people. So fiat will continue to move on its path without doubt.
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what happens if the next 10 years, bitcoin disappeared and worthless?
In this time you can't say that Bitcoin will die, because you can see it mostly people using Bitcoins and bitcoin's price is increasing day to day, in this time it is impossible, but after 10 year, it is also impossible that bitcoin disappeared, because i always say that Bitcoin is a future currency, it will be remain next 10 years. It will really be impossible for bitcoin to die even in 10 years of 20 more years bit coin have now establish it self and will be growing more in the years that will come so bitcoin wont disappear. will its not imposible everything has a limit even you. if you think bitcoin will not disappear your wrong bitcoin.bitcoin now is very slow in transacting even if small amount.there are many altcoin will rise soon. and maybe bitcoin will disappear but not now. Above quote describes the growth of altcoin over our bitcoin. I would like to know about the altcoin which has experienced the same growth as bitcoin, also need to know the largest survival period of altcoin. In my opinion bitcoin would never disappear even if those altcoins disappear.
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Update: Bitcoin has died 100 times We have reached the 100. I am wondering that the number stays pretty stable over the last months. It seems there left only few people believing Bitcoin could die. Good sign! It is because of halving, that people started to believe on bitcoin and everyone once again started to adopt and use bitcoin, otherwise with the fall in the price last year was going to kill the believe of bitcoin in the people. Not just of halving more adoptions taking place. Due to the long time stable price over the past few months more people started using bitcoin and earn bitcoin. I believe these would increase the life rather than dying.
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I suggest we all bitcointalk members start campaigning for Bitcoin and send email in numbers to various sites like ebay,Amazon etc to press them for accepting bitcoin
That's not the right way to promote bitcoin. Those trading giants will automatically adopt bitcoin when they feel there are lot users who prefer bitcoin transactions.
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Bitcoin wallet, because you're being your own bank. No need for a centralized establishment. No more fractional reserve scams. You can't create more bitcoins out of thin air just by depositing it into the bank, and there is way less inflation.
That's true but what if you get scammed? Anything is possible in digital world and now please don't say me that it is not possible, hackers are more smarter then us, but if your bank account gets hacked then bank will help you in recovering your money. if you save your bitcoin at safety place like bitcoin core wallet, electrum wallet, mycellium etc. not 3rd wallet im sure you can't get scammed. but in fact we need bank for daily usage, so both of them is best choice but even though banks are third parties that they have control over your money but they will not commit fraud you. with note by using bank of government. it will be very safe When we consider about banking, there is no need to think about third party issues, because as banking is completely centralized we have the assurance of the money invested or saved, such a assurance is not found in bitcoin right now. In future, though bitcoin is decentralized we will get assurance for our investments.
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I believe one of the best ways to earn that amount is making trade, you can earn even more
Yes its true but i dont really belive that newbie can start trading without any money. Better start with signature campagin or other faucet it will make enough money in 1-2 month. Lol if you use the faucet. You will need a long time to reach 0.5 BTC. examples of maximum income from faucets may only 0.0025 btc per day you took 200 days to obtain 0.5 BTC dude ? 0.5bitcoin through faucets is high time consuming. When the user is a newbie earning through signature campaign too takes time. When the newbie level activity reaches at least senior member then it is possible to earn 0.5bitcoin within 3months time.
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Buying Bitcoins nowadays could be profitable, as halving is coming soon as known
Bitcoin buying is profitable for the users who believe bitcoin would give a peak profit after the halving. Who doesn't trust or believe can just wait and buy after the halving. the problem with peaks is that people don't know where the top is. and some even don't know what a peak is. that's why a lot people bought at +$1000 prices back in 2013. they were expecting the price to rise even more while it has gone up from around $200 to over the $1000 price level. these people can be seen as gamblers as they buy without thinking. What you quoted is right, some really don't know what is a peak in bitcoin. At the same we can't say one who bought at $1000 an unknown. Such persona were the leading hero's of bitcoin at present because they believed even at the peak to go high.
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Yes bitcoin worth to me but not as much as fiat. It is only an investment as it can not fulfill all your needs. It's price fluctuates a lot and moreover options to spend it are less. Even if it's price will rise ,then also it will remain as an investment only due to limited options to use and large confirmation time.
The worth is determined by many factors. I believe that it holds value in it's potential of being the greatest innovation in payments after the CC. But the future just have to determine that. Yeah worthiness depends upon various factors, and investing with bitcoin or having bitcoin as future investment is the best decision because every user believe it has the potential to go high.
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I do not see this happen the bitcoin can rise to a higher amount this year but I do not think to such a high amount honestly. I think it will be max going this year to the 1k or maybe a little bit above the 1k but not more in my prediction.
Yeah on a realistic prediction we can see the price around half that of the quoted value only because of the halving. If halving is not effective our price will be seen around $600 to $800.
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First rule : stay away from gambling Truly stay away from gambling seems to be a best option to safeguard the hardly earned bitcoin, because bitcoin when used in gambling mostly ends in loss.
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obviously invest is better than save i think but i saved some BTC & will keep it i hope it's price will rise again,atleast $600.
Investing in bitcoin is a best option as it gives you a small percentage as interest than we keeping it idle into the wallet.
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Bitcoin achieving the value of 1m dollar is simply impossible and if it wants to reach there then it needs a strong and valid reason which is missing in bitcoin at a moment.
Yeah achieving such a big price is really a unachievable, price increase will happen to a certain limit. As said if we get some valid reason we can get such a big price.
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even if the price will get higher you must sell your bitcoin and buy and that is the trade for making more bitcoin i don't like the way to sit down and see what the price will be i just like to work for geting more and more.
If the price goes higher try to hold as much possible because price variations will lead you to get a good profit making when years pass.
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I think the bitcoin will be used by a lot of users in 2022 but still not everyone will use it because of the other currency's that will still be alive. I think the users of the bitcoin will be much higher globally and that the price also will be stable at that time.
This is what i think so too. Considering now that more and more big players coming into the game and starts acknowledging Bitcoin and tons of merchants accepting Bitcoin for transactions. By 2022, Bitcoin will be used widely around the globe. yeah I agree with you friend me also thinking about bitcoin is that not need to use widely around the globe but now only I guess maybe in 2022 world will be change almost then more people can use bitcoin around the globe. Bitcoin will never reach almost entire population by 2022. Only price rise as well adoption can be expected to a certain extent.
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I think it will be good to invest in both because the bitcoin has a good future in a short term and the gold got a good future and is profitable on a long term. This would in my opinion one of the best options you could choose.
its make sense to invest in bitcoin and gold,but i think bitcoin and gold same to have good future and profitable on long term. just on on several years again,bitcoin will stay and have better future. Yeah, truly bitcoin and gold can be used as a investment for the future as well for a reliable earning. Just on years as quoted bitcoin will surely make changes in the entire leading technology.
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$100 is almost impossible I think maximum low that we would see can be around $250 not below than that as it is assumed that we will see price rise in future.
its not impossible,sometime i'm sure bitcoin price will reach this price,its happen when currency whic better than bitcoin come to us,and we start to leave bitcoin,and then the price will down to $100. But no currency better than bitcoin will come into existence. By the coming years, bitcoin will surely make more people come into it rather than people leaving from bitcoin.
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I buy every month when I get my salary, I put a part of my income in bitcoin on regular basis and I keep on buying in small parts so that I can sell in future when price goes higher.
A good initiative to make better profit in the future, when you will experience a increased price with large adoptions.
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There is some methods to get rich with Bitcoins, i think the best method is to buy bitcoins and hold it till the price get very high level so you can then sell your coins and make good profit and may be you get rich this way
But it can never make you the richest as nothing is guaranteed in bitcoin, if you invest all your money in bitcoin now and if its doesn't grow in future then you can be peniless. Believe in bitcoin by the coming years bitcoin will surely reach a high price. So you can give your complete effort to earn as much bitcoin.
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if i were you i would definitely sell it all i think until i would make a return of investment for all those gadgets and electricity i would use during the mining process, in order to make it profitable
after that i would definitely keep all my bitcoins i mine in my cold storage and wait for some bigger prices, in my opinion thats the best option that you might actually do right now
Yeah saving for future is the best thing to do with bitcoins, as selling now is not profitable enough so if we hold now and sell at the time of halving then it can be more profitable. Some people cant afford to hold it for that long though. But yeah, the overall sense should be profitble in the long term scenario if the price cap increases based on the how many bought out there still left. we don't know what will be the price of bitcoin in future but lets hope that it will be better then present so at a moment its better to hold for next couple of months. Yeah truly the price of bitcoin will be seen around $800 to the minimum after halving takes place.
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