I also believing that bitcoins can never ever replace fiat currency evn if bitcoin will be the worlds currency.Because fiat is owned b government and not the same as bitcoin who is owned by rich peoples.But bitcoin can be in fiat currency line but can never ever replace any fiat
It depends on the power of the ordinary people. If everybody wants to use the bitcoin, bitcoin will replace fiat. Even though that would happen but to see that happening is very impossible as in close to none, fiat will always be useful and bitcoins is mostly for investment as it has not get the support we need from the government. Government support is impossible, as they will only support their own currency on which they hold total control, and they will never allow any digital currency to replace their national currency. |
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i think bitcoin and gold is pretty good. but I still prefer a bitcoin, because we can multiply bitcoin if we have a special ability, in addition to collect bitcoin does not require very much power just simply earn in signature campaign its really help to get more bitcoin
Bitcoin is the asset i like for the future to succeed, but gold is the asset I invest in for security and profit offcourse. Especially after brexit it seems to have been a good choice. Yeah, bitcoin is like an investment for the future same as gold, but in bitcoin the price can changed easily. It's good for short term investment and gold for long term investment. Gold is boring because you will follow only one trend and the value is always going up while bitcoins is very exciting as we are in the early stage and with great support comes with great success and the feeling is extraordinary to be part of the history of a digital currency that is going to be big in the future. The best thing in bitcoin is that it will always keep you active in terms of investing and earning profits, which is never possible with gold, as you can only hold it and cannot play with it like bitcoin. |
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I don't know how everyone it's so sure about the holding bitcoins = one day you will be rich. Maybe I am the one living with too many doubts but it seems to me that world we live in, expecially economically, it's not that predictable in the long run.
it's possible with holding bitcoin in large numbers, then in future prices are rising very high. but honestly this is not a good way to become rich, because it is difficult to predict the future of bitcoin. so I always try to take advantage of short-term, and it's better than waiting for the price increases that are sometimes unclear and requires a long time. bitcoin hold large amounts can make us rich, but it was too risky. if the price of bitcoin down, I guess only stress that you get, so it might be better if you combine it with the investment in a good place, or use it for trade you have to buy when prices are low, and so if the price is lower it will rapidly increase. but if you buy as the price was too risky at this time when prices are falling. yes I also have to say it's better to take advantage of short term like doing a brisk trade. Yeah it's too risky to buy bitcoins now because we can't be sure if the price will continue to rise after halving or not. If you ask me i will just save some money and be prepared to buy after halving because there are possibilities that the price will have a huge down because of panic selling that will happen on halving. Just to give you a little hint people, what makes bitcoins more exciting is because of the risk in holding it and base on the history the riskier the better because it will give us a chance to earn money if this will be successful in the future to come. Bitcoin is full of risks and surprises, but in long run if everything goes fine with it and if it moves in positive direction then it can definitely make us rich in future. |
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I think that bitcoin will be for some years the unless it start getting used widely or government start making the best use of it. Else it will not be much sought after thing else there are other alt currencies coming up in recent times.
The possibility of happening that it will be supported by the government is not that bright but even with that rate in the future bitcoins is still successful to attract adoption from the community to use bitcoins on their daily transactions and even others have capitalized bitcoins hoping to experience fortune in the years to come. Getting support from Government seems to be difficult as they view bitcoin as a threat to fiat currency, but if it gets support from the people then it will have a great future ahead. |
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That is the right time to save BTC at this moment as price gonna rise at the time of halving so we can expect higher profits at that time, at a moment holding is the best thing. Save more to see more profits
Majority of users have chosen to hold their coins for the halving and that is the right decision to make as price will be much higher at the time of halving event. |
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Hey guys, I just spoke to a guy over chat who told me his plan was to get 100 BTC, wait for the price to reach $5k per BTC and retire after that. Since he lives in a third world county, that might be possible for him. I know this is a simplification of the problem but I d like to know what s your plan. How many BTC is your goal, at what price and what happens once you reach that goal. After all, we have all been involved in a dream, why not dream it a bit more.  I have a plan to invest on their trusted investments sites.  but now i don't know what is the trusted investments site. Because there are time. My 100,000 satoshi is gone because of that investment. 😂 because the site of i invest is after a few days is their website is forbidden😂 I'm so disappointed of that happening. And that's why my plan is to invest a surely investment sites. But i can't find right now. But i have many plan to get a lot of bitcoin to get rich. 😂 Think twice before investing in any online sites as it can be a risky decision, you need to collect all the information, history, years of operations of any particular site before making an investment. |
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Easily transferable and can be used as an investment also. Can be used to purchase the good locally and internationally as well.
Thats what i like too. and in bitcoin there is so many opportunity to earn an extra income while i still have a real job. bitcoin for me is a big help and best online currency. Bitcoin can give us additional income from earnings on a real job. Bitcoin disa done in their free time and we could have chosen many ways to get it. Bitcoin many conveniences that I like and I was comfortable. Every one loves money and above that everyone loves extra money and bitcoin is successfully allowing us to do that on regular basis and its certainly helping me financially. |
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I am buying it at dips of 650 whenever it takes place, because I know this will go above 1k and I will be able to double my investment in no time.
Yes it's the right choice to buy bitcoin before halving but if I may be honest to buy when prices are high like this is very risky suffered loss. this factor too that make me concerned to set the alarm of bitcoin price for every 2 hours. To be honest, I don't think bitcoin will drop at $650 anymore since the price is once again steadily going up. If it did however drops down at ~$675, I'd be sure to buy again. Waiting for that time to come however is very risky because the chances of bitcoin going up is higher than it is going down. Yeah price will continue to go higher now as we are approaching towards halving now, so I think we can still buy some coins at this price as we can definitely earn some profits at halving. |
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You can buy right now, I think it can be good because the price is gonna rise to a higher amount without any doubts.
I think the bitcoin has a very good future a head right now and it will go to a higher amount.
Its a big risk to take by buying at current price,as we don't know whether price will go higher or lower at halving, so it would be better to hold the coins that we have. |
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Look at all these spammers above me. The price has already started to fall. They don't even look at the price.
Evidently, no. The price won't hold.
But if you look right now it have already find a new floor so that it can rise again above and beyond 800$ easily as floor is now 650$ which was 450$ before. At a moment price is not rising and its been stable and even if its moving its going down, and that is a big thing to worry, don't know what will be scenario at halving. |
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I will neither buy or sell my coins, I will prefer to hold my existing coins for the halving, as buying at current price won't be more profitable if price doesn't rise at halving.
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If there where allot of people who says i am using bitcoin for the rest of my life i would say ok bitcoin is doing good people are happy about it we need
to use the bitcoin. But there are always people grabbing back to the gold so people stay true to gold bitcoin will disappoint you.
That's right and the fact is no one knows how long bitcoin will survive and even if it survives what will be the price in future and that is the reason people hesitate in investing in bitcoins. |
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I am not too active in my bitcoins right now, as I feel it will hold more value at halving, so I am saving it but sometimes I do spend it on gambling but a very little amount.
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If I am in desperate need of money then I would prefer to sell my some unwanted goods, but the fact is you may need to sell at lower price then your expected price as you need cash very badly.
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I also haven't spent my coins in real life yet. And I wander did anyone found where can I do that in Moscow? I would like to try my coins somewhere.
Where I am from there is also no stores that accept Bitcoin so I really cannot spend them. I do can spend them at some online web shops that accept Bitcoin but I see no reason why I should spend them. Maybe in the future when I can buy things that I want I would spend Bitcoins on it. That is major problem at a moment that we are not able to spend it physically, as there is no single shop in my area that accepts bitcoin, so I am spending it only online. |
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maybe in future bitcoin like other currency, each shope will accept it, the goverment will make new rules for bitcoin tax and bitcoin transaction, and sure it with be legal  yeah I also hope that bitcoin same as other currencies received by the government and many shops and merchants accept bitcoin. but I think it would be quite impossible if the government legalize bitcoin in their country? if the government prohibits bitcoin, bitcoin is it will have good future? The future of bitcoin depends on how it gets support from the users, if users keep on increasing then it will have a great future ahead, and if not then it can disappear. |
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Normally I''m buying the bitcoin every month but this month I will not do this because of the halving that is coming next month.
I do not think its worth investing anymore right now.
Yeah at the moment I am also not going to buy Bitcoin right now because I want to see what the price is going to be after the halving. Maybe it will go down then I think it will be a good idea to buy Bitcoins again. Yes the best thing we can do now is to just hold the coins that we have, and keep a close watch on price movement and sell when we see the higher price to secure our profits. |
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This is a digital currency any thing can happen well i believe that btc is not going to be below 500$ till the end of this year, and i think its a bad idea to buy bitcoins once the price drop below $500 the best idea is to buy btc one the price drop below $300.
I do not think the bitcoin price will go to $300 ever gain. The price just tested the $500 and it did not break it. Not sure where you get your information from, but the price didn't test $500 at all. Bitfinex's lowest price level : $555 Bitstamp's lowest price level : $540 BTC-E's lowest price level : $522 well i guess he just wanted to say that bitcoin went down to 520 dollars and up and didnt go lower i think the price will never fall down to 300 dollars again because the price has a lot of potential to grow right now We will not see that low price in next couple of months, as halving will allow bitcoin to to more higher but may be it may fall dramatically after the halving, but $300 seems to be impossible now. I think we have seen the lowest price already. That was $530. The price will be above $600 in the next few months. Yeah I do not believe that the Bitcoin is ever to go below $300 again, for that to happen the price has really to drop allot. The value of the Bitcoin is going up and sometimes goes down but in the long run it always be higher. Yeah and I don't think that we will see the lower price of $300 again as price is above $600 now so we can expect higher price in coming days and it won't go below $500 in future. |
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I am not selling my BTC, however I do realize it will go down further. In my opinion, its a good time to spend some money on it and invest.
if you believe the price will go down, then it's better to sell according to your feeling. that's if you are short term minded. if you are only interested in the long term, then keep holding your coins stored offline in a secure manner. yeah it really depends on an individual how long he can hold his coins and what amount of profits he wants to earn, if you are looking for higher profits then better to hold it for next couple of years. |
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I will just work hard and buy the bitcoin whenever I have spare money. I have been doing this for the last 4 years.
Good for you, so much be rich now and even richer when you continue to hold. For me, that is the best strategy of investment with bitcoins as the longer you hold your bitcoins the longer your profit to grow. You need to consider how many bitcoin did you hold to be rich, if you have a big investment i think you already rich. To get rich is very hard if you start at non, you must need to find a job to have a savings and if you have enough money just start a business while you are working thats make you rich If you are planning to get rich with bitcoins then you really need to have high amount of coins in your wallet, and if you don't have it then don't expect to get rich with bitcoins. |
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