It's very doable. When Bitcoin reaches the mainstream and can do global transactions thanks to LN, it will have the marketcap of a major payment processor company. And even if this never happens, we are still gold 2.0, this means trillions of dollars of potential metal holders diversifying in the superior Bitcoin asset.
I am also considering it is highly possible to happen as bitcoin would be the future of world economy like both in payment system as well as investment sector. So, it is highly possible to reach even price levels like $10,000 per one bitcoin. But this whole mainstream talk, isnt it already passed? I mean most people can google bitcoin and find this out on their own or hearing on RT. Most people are aware of it, just afraid to get involved in my view. |
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I buy whenever I have spare money to buy.I never buy one whole bitcoin but usually in fractions like 0.1 btc.I believe it is best policy not tp invest to much in buying in one time for bitcoin price is highly unstable.Buying in small fractions over a period of time will help you buy it at best price
it's a good trick to get bitcoin at diffirent price than you can calculate your real rate. for me better to waiting bitcoin fail and buy 1 whole bitcoin, so if the price rise some percent maybe 5-10% you can sell and waiting price down again To me thats just tricking yourself lol. There is no way to find a real rate, then just to protect the price loss difference in some way in your other method. |
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I think if you want to be rich, you may have to work very hard more than others and may be so many obstacles that you face in the future, just like other successful people  Yes, try your best, and when you fell that there are some obstacles to you at there, then you should not have to stop, but keep remember all the successful persons have faced that phases. The journey of success is never easy, you need to go through all the odds that you need to face in this journey, and you need to accept it positively with a smiling face. I think its also important to look at taking a selective path, based on other peoples who trial and error for you in the similar direction. Or people will face the same stress levels or debt for a bad business. |
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Look at this: http://www.usdebtclock.org/the valuation cannot be sustainable. and the bigger the speculation bubble is, bigger will the fall That trillion dollar has been popped back in 2008 make it even better lol. The more that grows, its a ticking time bomb eventually ready to pop, but will be the longest old bubble. The politicians will hope that this debt is never paid back and the bubble goes on exploding. This bubble pop will be felt all over the globe. Its a shame too. We already seen the slow potential problems after when that whole financial crisis hit. Everything was slow, too many lay offs, people being broke. |
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No need to think about saving money. Think about earning more!)
That is linked to each other. If you will able to think some other earnings opportunities then that is really good to you as you will able now to put some more funds in your savings. And I see no sense if you will just think about earnings more and don't save some part of it. What is the purpose of doing such multiple source of income? Yeah, think about saving and earning more. It is like, the more you earn, the more you save. This saving is not just for anything, it is for your future. When you have sudden expenses or you cannot work anymore, use the money you saved. It is important. And not everyone has multiple source of income so for those people who has like that are really lucky as they have some multiple options to put some of their earnings for their future savings. This is probably 99% of the people lol. The very few who are lucky are those who get some hand me down mutual fund money or something that was passed down. Other then that, people have to start somewhere.. |
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Buy bitcoin and hold them in your wallet, so you will do both saving and investment at the same time with one action, by buying bitcoin you will get a currency which even by saving in your wallet can make you earn some money.
why many people who use this way to get rich. but in fact I have never seen them become rich after holding bitcoin I know this is the easiest way. but it seems to require a very long time right ? Yeah earning and holding for a long time doesn't make people rich, one can be rich if buying is done at a large scale then holding will make users rich. This is the only sentence people should really pay attention to.. If one wants to not towards going with 65 if lucky. People need to focus on launching things that "scale" rather then a high paying job which we already see people have done with their businesses being a viral sensation of some sort. |
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1BTC = 1000$ in 2016 = Dream  But for it to hit 500$ - 600+ $ is totally possible by the end of 2016. 1 BTC = 1000$ in 2016 = Dream? i think isn't but we expect price can back to reach $1000 in 2016, this is the last hope if not we need wait next halving in 2020. As said price can go high around $600 to $800 is possible by the end of 2016. At times it may hit $1000, there is no need to wait till next halving if price doesn't reach $1000 because gradually rise in price would take it to $1000 within 4years. I`m sure the average median price will float around the 700 mark up and down. And at worst the price would be back to mid $500 range. But I`m sure 4 years give plenty of time after 78% mined coins to eventually complete all circulation before 4 years to make it hold for a good price. |
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If the price is guaranteed to rise significantly after the halving, why aren't you buying as many coins as you can now so you can make a guaranteed profit when the price rises? Why wouldn't the smart money buy up all the cheap coins now, up to the post-halving price, and therefore pricing in the halving jump in advance?
I put it to you that this has already happened.
Because small traders are agile traders that have advantages in markets. If someone is a billionaire, they're not going to go all in on Bitcoin because...they aren't going to go all in on anything no matter how good it sounds. You have some rare exceptions like Soros, but he's an insider trading financial terrorist benefiting from government connections and should be in jail. I am trying to understand why you think that is it impossible that the halving is already priced in. I am not suggesting that billionaires should "go all in" or that Soros is in any way involved. I am suggesting that since the halving and corresponding reduced supply are already known, they have already influenced the market. How do you counter that argument? There is no counter argument lol. Case closed. If a person needs a long block of wall text to explain the supportive argument or debate, they just dont understand it enough is how I usually go with people. I deal with people all the time, if a person can explain in a few 3-4 simple sentences, I just move on. |
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I remember when they were pennies and we were over the moon at the high valuation. Bitcoin is a computer program and does not need your money. There is no price that bitcoin must be at to survive.
I`m sure it doesnt need our money. But we need the valuation based off of something which is our fiat - current system. But that would mean all the VC money is waste, because they expect a return on something someday? |
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I dont think that is going to happen, if bitcoin can raise more than 10.000$ we will have a lot of new millionaire
It will cause an economic devastation if bitcoin reach that high price
Dont say it cant be done lol. I mean just cause we cant understand how theres a possible chance of more millionaires being a early adopter doesnt mean we cant have many. Its similar how people buy early shares of microsoft or anything big before it went public. |
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For 1 Bitcoin to be worth $1,000,000, the total market cap of Bitcoin would have to be $21 trillion dollars. What are the odds of this happening?
For reference, the amount of physical $dollars and coins in circulation are around $1.2 trillion. The global M2 money supply of all currencies are around $45 trillion. The market cap of all mined gold is around $7 trillion.
Will 1 Bitcoin be worth a million dollars? Half a million? Thoughts?
By the time that happens, fiat would be so worthless that we would probably count our earnings not in fiat, but in some other currency... But yeah, it'll happen one day. Most likely the world reserve currency wouldnt be the USD anymore. But towards someones elses country thats the so-called new america that made america great. |
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What do you mean by a bitcoin full time job ? If you mean trading so my answer is no because trading is risky and one should have another source of income.
If you mean to create a bitcoin project, it depends on the idea if it good and will go viral or not
you can use sign campaign + trading, you can earn not only from bitcoin, if you focus at online earning you will find VLOG, youtube ads, google ads etc. if you want to leave your realjob and focus at internet, my suggest for you, you must have capital to start it because sometimes in first month you can't get eanything. all those things you mention, take a serious load of time. And one person effort to focus on the right information to get there will be limited. Unless you modify some stuff, and have a team to work on those projects with you..thats a different story. |
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im pretty sure that it would be a decent investment right now that would allow you to make good money because of the upcoming price increases that will happen suring the halving
im buying even more than one bitcoin and willing that it will allow me to make some good money without putting in too much work as i dont like working and i like easy money
I wouldnt say it would be the greatest moment, but it can be an educational one.. Unless the value jumped way over ridiculously high. If there were signs of that, the persons education should be on taking chances that can grow potentially big. |
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We are not in this situation though lol.
We are in the terms of inflation, where cost of rise of living goes up while there arent any progressive growth to match its costs.
Its been a on-going struggle for the longest which is why california is one of the first to become a $15 hr minimum hr.
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The halving itself will not make the price higher alone. The bitcoin market will need more users and traders in order to go higher.
The situation is not clear at all so no one knows which one will regret after 6 momths , the buyer or the seller
It wont, but if theres a enough hype around it. New people see the price action focus then what this is really all about with a temporary price surge creating buy orders. |
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Look at this: http://www.usdebtclock.org/the valuation cannot be sustainable. and the bigger the speculation bubble is, bigger will the fall That trillion dollar has been popped back in 2008 make it even better lol. The more that grows, its a ticking time bomb eventually ready to pop, but will be the longest old bubble. |
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Best investment? Buy now 5 BTC and send to cold wallet and wait 5 years. Then you can buy pizza restaurant  Yes, lets forget the on-going costs to run a restaurant. And the failed brick and mortar business so lets just run with that lol. A better version would be buying a food truck that offers the same. Then getting a huge overhead cost of commericial loan. |
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i think it is mostly because of the major miners in China. they are these big whales with a lot of bitcoin that are gaining a lot of money and bringing a lot of publicity for bitcoin in their country.
this is probably the only one of the few legit reasons. if there is more home miners in china, because the cost is very feasible then outside from the whales over there and bigger miners. |
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So based on the overall replies its horrible.
I sense btcjam lacks on all areas esp for investors side. It would be different if they do some service to put into good collectors or selling that debt form to a higher institution to pay you back a bit.
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sit on 10, do some day trading with 1-2 of them, watch your fortune grow -
dont forget to diversify via alt coins, market arbitrage and assets.
youll be a millionaire in no time, but you know what they say - takes money to make money.
Problem with trading, is eventually the 1-2 coins you refer to isnt enough to make bad trades. Eventually its goes like this, the more trades you do. the more chances youre at a risk of a bad trade although a few lucky hits which keeps you into the game, but thats when you walk away. |
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