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I think bitcoin was built with the intention to be a payment system.
Maybe there was even the thought that it could increase its worth over time, but surely it was not meant to develope so quickly.
Right now, i see bitcoin to be both, payment and investment.
But the investment aspect is growing more and more.
If that is really a good thing, we will have to wait and see.
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I have a feeling that $2,000 per coin is not that far away. But the rise of Ethereum is frustrating. It is clear that Ether (as well as the other alts such as Litecoin and Ripple) is eating in to Bitcoin's market cap and market share.
I don't think so. Although the fomo of bitcoin will still be increase in the future and $2000 is not impossible in this time. But we are need more bullish news for the bitcoin market to make more traders fear of missing the best moment of bitcoin. Altcoin becomes a hot trend in these days. So, they will eat more percentage of total market capitalization. I see as well that a lot of monrey goes into altcoins these days. I think there is a bubble building up. And once that bubble implodes, all that money has to go somewhere. A part will go back into fiat, and another part will move into bitcoin. |
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The approval has been rejected last time, it will be rejected this time, and the next few times as well.
But as it seems every try gives a boost to bitcoin price.
Bitcoin does not drop back after a rejection as much as it has climbed up before.
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I still do not get it why so many people out there are so keen to invest their bitcoins.
Bitcoin is already an asset that grows in its worth.
In the end, investing the investment will always be a very risky thing, with big chances of losing coins instead of growing them.
If you are not completely sure about what you are doing, don't let greed make you blind.
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It is not about Bitfinex anymore. Major bitcoin exchanges stopped accepting US dollar deposit as well.
They all claim that there is a problem with wired deposits and banking system.
This situation created fake demand for bitcoin, because people are buying BTC with the fiat money to withdraw it.
This is bad news. The lowest price that was said in this thread where Bitcoin might fall to is at $800. But if all major exchanges stopped fiat deposits and withdrawals, could the fall be lower than initially expected? Back to $500 perhaps? just got curios about those news mate if this will keep happening that speculation with btc value will be a bad impression and the price will downfall to that range as we see another big jump earlier better to make good observation here mate. Any exchange that ends up collapsing or closing down without a decent amount of warning for its users to remove funds and close accounts and so always leaves a bad impression, and if Bitfinex is interested in doing something like a Mt.Gox then it will actually have a relatively big impact due to the size of Bitfinex, however it is smaller now than it used to be. High chance that Bitcoin takes a hit, but grows soon afterwards. Might be a dip to buy there. So far there has been significant upward momentum even though Bitfinex has been having a hard time. Bitfinex has released some new statement win which they assure that only the fiat transactions are disturbed, nothing else and that they are completely solvent. All crypto transactions are working without any problems. Maybe this whole fiat withdrawl problem will create something good after all. It could develope new, better ways to convert crypto intio fiat and back. Maybe market places where the transactions go directly between buyer & seller. Or at least bring the exchanges to have some backup plans for scenarios like this. |
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I am thinking long term. Retirement. Middle aged now and some day i will slow down.
Btc is a wise investment. Japan just alowed officail transactions to be done in btc, India may be next, sure China is having troubles.
But in the long run, more and more countries will adopt btc, more and more poeple are grasping the technology, why every day you see payments by btc just while surfing the net. Companies all over the globe are excepting payments in btc.
Another unfortunate aspect is the illegal use. Online drug markets are growing and like the drug market will increase exponentially. Nonetheless, btc price will continue to rise and rise.
Btc can replace visa to some degree.
I don't beleive btu will be big, btc is already the favourite. Give it another 5, 10 or 20 years.
You are right but everyone can't hold bitcoin in his wallet for long time it is because here the legality of bitcoin in your country , if your government didn't declared any statement about the bitcoin then it may be possible in the incoming days or months or in year they may declare bitcoin as illegal , so hold bitcoin in your wallet for years is a matter of risk . But if you are in the countries like Japan than Ofcourse you should hold it for 10-20 years because they is no risk of the government to declare illegal or anything . So hold bitcoin is good job if your country accept bitcoin legally . Luckily the number of countries that have already made a statement about bitcoin is growing. I think there are lists in the internet to look up what each country said about bitcoin. And the last time I saw one of those lists, a fast majority of the countries have declared bitcoin to be legal within their boarders. |
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Recently, I've been trading bitcoins on btc-e, earning only a little, yes, very little, except the fees that btc-e takes.
Besides trading, are there any good method to earn bitcoins? Thanks.
I think you question is similar to how many ways are there to make money. There is not really a definite finite answer to that question. But if you are looking to get into a different way of earning money with Bitcoin I would recommend Sports betting from my own experience. I just started recently and it is a quick way to earn money. It is way different than throwing your money away playing dice ore something. Go for it! indeed gambling something quick way to get a bitcoin, if we're lucky, of course. but do not forget gambling can sometimes make us lose a lot of bitcoin in a heartbeat. only luck factor we were hoping to get a win I think you're wrong. Because gambling not only sometimes you can make losses from gambling but most of the time gamblers lose money and only sometimes if you're very lucky then only you can make some money from these gambling games. Gambling is only for having a fun and we need to spend money for it and if you want to earn money then better invest your money in some other products. Gambling can be profitable to those owners only and not to players because it is like 90% chance of being a loser and 10% being a winner, so it is very clear that gambling is not for people who wants good source of income because it will just make your bankrupt. So it is better to do investment rather than gambling because there is more possibility to earn rather than gambling. Pure gambling is statistics. You can calculate the odds how a certain event can go out. Unfortunatelly the casino has the same ability. So they make their games in a way that statistically they will always win. And that means the average user will always lose. |
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I have read that this all might be set up by an american bank in order to make bitfinex comply to some money laundering rules.
That would mean bitfinex has no money problem, at least non that they created themselves.
Let's see how long this will take, because at some point they will need fresh money.
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There are so many variables right now, nobody can tell when we reach a certain price.
We have the blocksize problem, an increasing involvment of investors into altcoins, problems at exchanges and so on.
Each of those factors can influence bitcoin price in a big matter.
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I think it's a combination of many factors whyfamilies have financial stress.
Things get more expensive, income gets lower, inflation increases.
But many people are not very competent in how to handle their money as well.
I mean not only in matters of investment, I mean the things they buy which are not necessary.
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My guess would be that the number of users is still under five millions.
Evereybody has to start with bitcoin somewhere, and I bet that at least 20 percent of the users start here at bitcointalk.
This forum has slightly under one million accounts. So combined that would give me 5 million users.
And when you include the possibility that some people have two or more accounts, the number of real users would decrease. At least im my theory.
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I don't think it's such a bad feature that coins can get lost.
Lost coins decrease the supply and give so the available coins more value.
If the lost coins would somehow show up again, that could disturbe the price developement.
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Nature itself is unpredictable and that applies to business too. It's the reason the expression,"Don't put all your eggs in one basket." will forever remain the wisest saying in busines for me I guess there is a lot more than just not putting "all your eggs in one basket" Just blindly diversifying your investments may not decrease your total risk but actually increase it (read mean more losses). That means that you would be better off if you didn't diversify your investments at all. Just repeating the same mantra again and again will most likely lead you nowhere on its own. You should first understand how assets in your "baskets" are correlated against each other, and how they will behave under economic stress since such diversification seems to be primarily directed at preserving value (for the case when your proverbial basket gets crushed) I think that would something for professional investors. For an average person it's asked a little too much to analyse how different investments behave when the market developes into a certain direction. An average person simply has to split up to keep his risks at a low levelIt is like technical analysis The more intricate and complicated it becomes, the more you expect it from it. But in most cases this complexity doesn't add anything to your profits (though it allows you to use buzz words like Elliot waves and similar nonsense). If you randomly split up your assets, how do you know that your risks did in fact reduce? What if all your assets start collapsing simultaneously, as it often happens? I think that the investment decision of an average person is random. So in the end, it ads up to the hope that a lot of random decisions lead to an increase of your fortune, when the superior market is growing. And in general, markets usually grow. When you pick just one fraction of the market, that fraction alone may decline. |
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Nature itself is unpredictable and that applies to business too. It's the reason the expression,"Don't put all your eggs in one basket." will forever remain the wisest saying in busines for me I guess there is a lot more than just not putting "all your eggs in one basket" Just blindly diversifying your investments may not decrease your total risk but actually increase it (read mean more losses). That means that you would be better off if you didn't diversify your investments at all. Just repeating the same mantra again and again will most likely lead you nowhere on its own. You should first understand how assets in your "baskets" are correlated against each other, and how they will behave under economic stress since such diversification seems to be primarily directed at preserving value (for the case when your proverbial basket gets crushed) I think that would something for professional investors. For an average person it's asked a little too much to analyse how different investments behave when the market developes into a certain direction. An average person simply has to split up to keep his risks at a low level. |
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I have read the article, unfortunatelly I do not agree to their theory.
400 million people using bitcoin in the year 2030 seems very unlikely to me.
I an sure bitcoin will grow, but not in such a magintude.
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I think that bitcoin will be accepted as one way of payment by most countries.
But they will all make rules and regulations of how bitcoins have to be handled.
In the end of that process I do not think it will make much difference if bitcoins are used or the local fiat.
And people will comply to that regulations, after all most of them fear the conflict with the authorities.
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I think what is important as well is what people expect of bitcoin.
From all I read people want a coin that keeps their privacy (not necessary anonymous), that can be sent quickly with low fees, and that has an increase in its value on the long run.
If bitcoin is decentralized or not, most people do not care.
Everything else can be provided by bitcoin (just sometimes the fee & speed part is debatable).
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This time I chose to do the holding. and if you do not have bitcoin then now is the right time to buy bitcoin.
many predictions mention that the price of bitcoin will rise significantly. we can benefit if we right decision.
yeah its really a good to hold your bitcoin because bitcoin price is very much good and a lot of people are investing their money in bitcoin so demand is increase so bitcoin price will be more increase so hold bitcoin is much more profitable. try to use all the money you have. do not ever interested in selling at this time. you need patience much stronger this time. bitcoin price certainly attracted us to invest there. This is an opportunity to gain a huge advantage. we continue to be optimistic to expect a significant price increase. Expecting another good news will come from japan, In my speculation if that will push the price of bitcoin again. $1200++ is very rational at this time. I hope there will no dubp person or trader try to sell his bitocin at this time. I wonder how the japan will make co-op with the bitcoin itself. The japanese decision will become the great way for the bitcoin. However, it seems good for bitcoin right. Then, I have read a news yesterday. Government of Arizona passed the bill in their assembly to make bitcoin as legal in their region. Citi announces they gonna new digital money called citicoin. This shows something happening over bitcoin and block chain in the world politics. These kind of all incidents are happening in the past 3 month. There are more and more areas who set up a general framework how to deal with bitcoin. I think this is the way it should go. Of course it makes it often hareder to get your coins, but in the same place, it makes it legal. And that is exactly what bitcoin needs: getting pulled out of this darkweb/illegal corner and put into one line with all the other currencies in the world. After all, there are rules how to trade with fiat currencies as well. |
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Wait until you got a legendary rank and earning .1btc is possible for you.
all it took time, yeah if you have a high rank that I think the rate will be high for a sign campaign and you can make services such as escrow and such it will be an additional income. because the legendary rank usually trusted Not all of them, smart people will look more on your contribution than your rank, rank does not mean anything because it's only the system that will detect based on the rules of rank ups. I see some Sr. or Hero Member who are very trusted by fellow members because they have contributed really well in the forum, it's okay to earn from your account as long as you will not sacrifice your posts quality and you remain helpful in the community. Sometimes there are campaigns for twitter accounts as well. If you combine that with a signature campaign and do a little trading (with experience) then I see no reason why 0.1 btc should not be possible every week. And with time comes routine, your post quality will increase and the time you need to write will decrease. |
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A scam is a scam, no matter in what stage!
I do not want to make money from the misfortune of other people, even when I know the only reason they participate is because they are greedy.
That would make me no better than them!
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