It is not too late to start buying bitcoin now. Considering the recent falls in the price of bitcoin now, it makes it a perfect time to buy before the price starts rising again.
|
|
|
That cannot be true. If you talk of uncertainty, uncertainty is in every transaction you go into especially when it comes to international trade. You cannot be certain of what the value of foreign currency might be when you leave your country to buy something in another country.
|
|
|
Bitcoin has come and come for good. It will exist for eternity.
|
|
|
I think the government do not support bitcoin because it is seen as a threat to the banking industry. If you look at bitcoin transactions, tracing of receipts and payment may be somehow difficult or even impossible.
|
|
|
I believe the price will come up as time goes by.
|
|
|
Of course yes. The best time to buy is now that the price is low.
|
|
|
I don't think anyone can predict what happens as regards the price since no regulatory body regulating the price. I just think we should be expecting rise in the price at anytime.
|
|
|
It is never too late to start up anything. As a new person to bitcoin, you just have to be very careful about buying as the price keeps going down. Although, the best time to buy is now. You also have to be very careful about handling of your bitcoin wallet. Take all the security measures given by the blockchain to secure your wallet.
I wish you good luck as you join the bitcoin world.
|
|
|
If you look at all the coins in general, they seem to be connected to the bitcoin. If you observe when the bitcoin was on the rise late last year, this same ethereum was about a thousand dollars. So also the bitcoin cash, litecoin and all others. So technically, the rise in the price of bitcoin may be what the rise in the price ethereum will depend on. So selling bitcoin at this time is not at all encouraging.
|
|
|
The government of the world country you see today also invest in bitcoin. Although the reason why the world bank may not have officially recognize bitcoin is the fear of killing the banking industry. Abd I also think we have some countries like China that even go to the point of building their own mining technology.
|
|
|
This might be and might not. Remember people forecast that the price would be around $3,000 in last December and what did we get? It was above that in about eight folds. They thought $3,000 but it worth about twenty four thousand dollars. Now that you think $50,000, we may see it as we saw it the last December.
|
|
|
Looking at the fall in the price of bitcoin for some weeks now, it will not be advisable to sell at this time because the time for rise in the price is very near now.
|
|
|
If one looks at the trend in the fall, one may say this is the time to buy. But it may not be so because no one can tell if the price will keep fall or rise up at any moment from now.
|
|
|
Many people use bitcoin for different and many things. A person like me just use it as store for values. I buy when it is cheap and sell when the price has risen
|
|
|
Bitcoin is highly secured. No hacker can steal your money inasmuch you take the necessary security measures provided by the block chain. Once you activate 2FA factor and you also active your second password, no one can steal your money or hack your account.
|
|
|
That is a big NO. Bitcoin is not established on a policy that any government can kill. Government cannot even regulate its price. Let's all be calm and cool minded. Cryptocurrencies have come to stay and stay permanent.
|
|
|
I don't think bitcoin will ever end. Let us take the instance of internet for instance, nobody controls it. So also the bitcoin network. What I can see in the future is the world bank and central banks in each country look into tailoring their monetary policies towards the cryptocurrencies.
|
|
|
|