BitCoin is like the internet. It can't die out, as long as there's people on the network, and still accepting it, it'll stay alive.
Exactly and the fact is when internet came into existence people said that internet will not survive in long run but today it has become our necessity and same will go with bitcoin too in future.
|
|
|
At a moment I am trying to collect as much as possible, as we never know what will be the price of bitcoin in future, even 10 bitcoins can make you rich or even 100 bitcoins would not be enough, so its better to have huge number of coins.
agree that 10 btc can make you rich. That's right, im doing the same, earning and saving bitcoins to use them when i need to or to keep them for future when bitcoin might go really high and till then i must have a lot of bitcoin if i stay alive, hopefully. Yeah we need to have good volume of coins for future to get rich from it as price may go higher or lower in future so we need to make efforts to have maximum number of coins.
|
|
|
I guess when bitcoin has been accepted by the whole world. this time not all people of the world accept bitcoin, even some government makes bitcoin be illegal, it is because bitcoin could freely carry out transactions without clearly known who carried out the transaction. it makes a lot of people who make a transaction using bitcoin to buy something illegal, such as drugs and weapons
Bitcoin is used at international level and it is used by almost all countries so partly we can say that its an international currency but it may get mainstream in future.
|
|
|
hopefuly before this year end bitcoin will increase the price because im still holding my bitcoin for the future and for christmas and for my upcomming birthday ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) hopefuly that miracle happens im still hoping ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) and other store's will accept bitcoin as a payment and my number wish will be hope bitcoin will be grow up its price too faster in end of 2016 that all want prices to rise when the end of the year and then what to expect from the price increase at the end of the year when prices will fall after the new year, and the most prices fall in mid-year as is now happening. I think the history at present price of bitcoins right now is the same as like before.. so better to wait for the price to increase again back on november to dcember just liek last year. these things are common and normal with bitcoin. it always happens, and price goes up and down something the bad news is huge so the drop is big too and sometimes the hype is huge and rise is big too. so as a regular bitcoin user who is not day trading you shouldn't worry about these things and look at the over all change which has been rise. Yes fluctuations in bitcoin prices are very reasonable and I look at the traffic going up little by little. I believe bitcoin will be able to improve and develop. What is clear in 2016 bitcoin better than last year. But few days ago the price of bitcoin keeps flactuating. But i think it will go up pretty soon. But im surprise that the price of bitcoin keeps falling and i dont know why! I do expect a lot because of the halving but my expectation wasnt reach by the bitcoin halving ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) The decrease from s few days ago was due to the hack of bitfinex. 120000 bitcoins were stolen. i agree with you that bitcoin really were went to decrease few days ago because hacker stole 120000 bitcoin from bitfinex and now bitcoin recover its value be quickly. Yeah price is recovering at a moment and we may see higher price in coming days and this year seems to be good in compare to last year so we can say that this is the year of bitcoin.
|
|
|
I am using it as an both but my primary concern is to use it as an currency but the fact is I am not able to find many places where I can use it as an currency.
|
|
|
For now I'd rather hold my bitcoin than spend it. Right now bitcoin value is high, so it's better not spend it often. Maybe in future, bitcoin might grower and the price rise up. So, I would feel regretful if I spend bitcoin.
Me either , I'm not spending actively with my bitcoins I'm still hoping for the price increase before I'm going to spend it. I'm just thinking about the profit that I can get with bitcoin for today, and after that maybe that is the right time to spend it when the price is going to be higher. I should had waited and holded all the coins i had last year, this year i would be a person very happy, i had something like 2btc if i havent spend any of them, but i had made an investment before the halving and i had roi already soo, i dont regret i had roi at btc ammount spent not in the value. Soo any investment returning all the coin and generating new coins is for sure a dream of several. the people will regret if they only hold their coins for a long time and have an hope after halving would take a profit but too sad the peak happened before halving. i've regret too not invest on ETH when i've a feel after broken the price would rise back. Well, everyone has that kind of behavior when they miss the opportunity and always said things like "I could have earn if I invested". That is just normal to us even in gambling that is why bitcoin is too risky and only those who trust will earn money once success happens. i think regret in the end there is no advantage whatsoever, like regret why did not you join early in bitcoin so you can buy bitcoin in cheaper price and then you skip the pump again and again, I think not a lot of talk but do it for example take advantage of opportunities as possible,, I think its always better to sell coins when price goes higher as there is no assurance what price it will be holding in future so its good to make safe profits regularly.
|
|
|
Everyone depends upon fiat till digital currencies have direct acceptance universally. Even now we calculate bitcoin in terms of dollars which itself shows the dependence. So fiat is always believed and prioritized worldwide.
Yup fiat will exist forever and I don't see it going anywhere as majority of people prefer to use fiat as its easy and simple to spend it as it is accepted everywhere.
|
|
|
Spending a small portion regularly from my monthly earning is the best investment strategy that's been followed by me to have a good and comfortable living in the future.
But where are you going to spend that money? If you are investing in bitcoin regularly then that can be profitable for you in long term.
|
|
|
Kind of a strange question on a forum that evolves around the subject you brought up ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) But most answers on this would be yes. It started from only a few quarters into a couple of hundred dollars within a span of 4-6 years so the hope of it to have a bright future is very much alive. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I believe it has a future not because I am here, but because the concept of bitcoin is what makes bitcoin unique. To some extent i believe bitcoin will overtake the global currencies. You're wrong, you also giving any contribution for the future of bitcoin, you're one of bitcoin users and you not realize about you is already giving a lot of contribution for bitcoin. it's not about the concept and another form like this but it's about how many the people is believing about bitcoin. All of us have a big contribution in bitcoin to have a great future and by our continuous believing and continuous promoting to the other people bitcoin are continuous growing its value and of course it also help to have brighter future is the great service of bitcoin gives to the users. As long as you have bitcoins in you, you have contributed to bitcoin in some way. Back to main topic though, bitcoin does have a future. Either it will last forever, or it will die after some decades or millenniums, just as how everything does. Bitcoin is gaining popularity day by day and we are also seeing increase in user base of bitcoin and to be honest this is just an beginning we will be going very long way ahead.
|
|
|
invest in crypto jacks
It's interesting to me why are you saying so. CJ is down more than 50% since your post, so do you still think it's worth investing? Investing in all those altcoins is too risky IMO, so OP you better just hold your 0.1 and try to make more of BTC. Yeah investing in alt coin is very risky as its difficult to predict how long it will last and what value it would be holding in future, safest way to grow your coins is to save it for future. You can hold your bitcoin , and you can collecting more btc for better profit in the future. But , indeed you must use your mind and make a planning to have a goal 0.1 btc is not a too big amount, so even if you hold it you cannot make huge profits from it, its better to invest it in trading and try to grow them for future.
|
|
|
if i have 10 btc i will hold it in a cold wallet for the coming two years because some members speculate that bitcoin price will jump over 1000 $ in 2017+
Yeah and it may also go beyond that, if we see mass adoption in next couple of months then we can expect some best price in future.
|
|
|
It depends, if bitcoin can be use in markets and in shops, then I will accept my salary as bitcoin, but if I can use it only in few shops, then probably only a percentage of my salary should be in bitcoin. I have no problem accepting bitcoin if I can use it with convenience,
We cannot afford to accept salary in bitcoin as price volatility will play a key role in deciding either your salary will be higher or lower and it can be very risky too.
|
|
|
In our country accepted in billing payments that is only for now because bitcoin here is they are planning or develops to use bitcoin in shopping mall . I think in next year bitcoin can used it to buy anything what you want but now you must cash it first you can anything.
may all be better than it is now. bitcoin evolved from a small shopping. and then grow into large financial transactions. the recognition of the bitcoin by a country will be able to make a much larger bitcoin. I am sure a lot of adoption will be coming from different countries. Specially when their establishments or stores are out in the mall. People will see this once it got popular and I hope business owners will also get the hang of it. If there are more merchants who will start bitcoin as a mode of payment then I think it will create eagerness among people to know what bitcoin exactly is.
|
|
|
The best way to multiply your coins is by trading, no doubt it also involves certain level of risk but its bit safer in compare to gambling.
Trading is not just a bit safer than gambling but it is a way more safer than gambling. In gambling no one knows when he will lose everything but in trading it depends on you if how you do it, if you select the best coins you will earn profit and if you select the wrong coins then you will pick up a loss. Yup and I think altcoin trading can give you some good profits in future, and 7 btc in not too small amount so if you don't want to take any risk then save it for future.
|
|
|
It's coming
EDIT: This topic is my proof. Everyone thinks that it's not possible but why not?
I call it a bubble.
Before the halving there is some decrease happen that bitcoin go to 550$ but recover again . to decrease it at 350$ I think it's hard to believe it's just your only opinion but for me if bitcoin will crash it will decrease around 400-450$ and then up again Its really difficult to predict what will be the exact price of bitcoin in coming months, no one knows either it will increase or decrease only time will show us that.
|
|
|
If you have bought it at a lower price like 450-550 then you have the option to sell it but if you bought it the price range of 700+ from last week then just wait. I have trust that this bitcoin will rapidly rise on the last week before halving. Calm before the storm though. Patience. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Don't bank on the price rising to 700+ this year, maybe as the next halving approaches in Dec 2019, the price will once again start to surge. 2020, bitcoins will most likely hit $1000. you're being way too conservative here. $700 will surely be reached this year with maybe a peak all the way to $800 as the best case scenario. I am hoping for $900 price ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) but yes $700 seems to be achievable now and even if everything goes fine then it may exceed this value in coming months.
|
|
|
I just can't imagine something like everyone is not spending bitcoins. Instead everyone is hoarding it. I guess that won't happen because if no one's spending then the coins will not circulate then no one's gonna be able to hoard.
yeah seriously. it would have been a serious matter for bitcoin economy as if no one is to spend it then its for sure that the bitcoin is to stuck in one point or no moment of ticker in the stock ! It will never happen there are many users who spend their coins regularly, either they spend or sell it to their local currency and I am one of them.
|
|
|
I bought my first Bitcoin in 2015. Since then I have just been doing signature campaigns to try earn as much Bitcoin as I can.
Yup even I bought in 2015 when price was around $250 and at a moment price is $650 so I have already made huge profits and I am hoping for some more in future.
|
|
|
I use the bitcoin as both an investment and as a currency. I buy and hold the bitcoin as an investment. I also spend some.
yeah but talking about bitcoin i take it as a goods though i voted for currency as their was no other option ! and investment its a very great platform as well as an opportunity as day by day more and more people are getting into it making the bitcoin more precious then ever ! Primary concern of users should be to treat it as a currency but yes it also offers us an opportunity to earn higher profits in future by investing into it.
|
|
|
0.1 BTC is just 10% of Bitcoin wont worth much more. But still you can do little study about trading altcoins and then can invest there for trading can give good ROI, on buying and selling of altcoins. Yeah 0.1 is not a big amount to hold you can definitely try your luck in trading and even if you have to go from loss then also 0.1 won't affect you much.
|
|
|
|