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I don't think any of these altcoin can surpass or have any chances against bitcoin, this is based on the fact that bitcoin had been in existence for a long time and became so popular and it is being used as a means of payment of most jobs offered online.
Most of these altcoin are copycats they cannot stand test of time.
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Based on Japanese candlestick pattern of BTC/USD I saw price in an uptrend at 4K presently I believed the price is undergoing correction after the this correction the price will continue the uptrend and I believed the price will reach 5K before the end if this year thereafter the price will journey up to 10K only time will tell when it going to teach that mark.
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The way to secure one's future is to start saving bitcoin, in fact I am trying to exchange my skrill to bitcoin for savings, with all these a brighter future will be guaranteed, the price of bitcoin is rising judging by the prices in previous years a go it becomes glaring that the price will go up in few years to come which is going to be a plus for already saved bitcoin.
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As a good trader you will have to analyze the price of bitcoin before buying it although this is common to traders that uses Japanese candlesticks for trading they will know when to buy and when to sell so as to make profit.
Also you don't use all your investment to trade bitcoin you can use 10% the amount of money you can afford to lose if the trade worked against you then you have your 90% investment secured.
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This is due to massive support received by bitcoin since inception, although bitcoin started slowly but presently bitcoin is gaining more and more popularity and adoption in many countries making it one of the best cryptocurrency and the fact it is decentralized currency and being used as a means of payment makes bitcoin to be were it is today.
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I recently brought a brand new andriod techno phone from the bitcoin earned via signature campaign, in fact I also used part of my earnings to buy shirts, trousers, boxer and a shoe, I think this is a welcome development as regards working to earn bitcoin online and using the proceeds to buy goods.
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There are so many ways to make money with BTC notable among is joining a signature campaign and start posting, you will be paid weekly based on your rank, the higher the rank the more is the payment, more so you can make money by engaging in trading I.e buy low and sell high.
Another ways to earn BTC is by offering your skills as a freelancer, skills such as graphic designs, web programming are highly in demand and payment are made via BTC.
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I never come across any bitcoin forum that has full information like bitcointalk, In fact after joining this forum I never bother to continue to research online because all the information as regard bitcoin and related cryptocurrencies is detailed in this forum more so earning from signature campaigns had also made me to be online in this forum mostly when I am less busy.
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Bitcoin is far better than PayPal, bitcoin is a digital currency and can also be used as a means of payment for a service offered and bitcoin wallet does not requires strenuous verification process like PayPal, bitcoin is not restricted to some countries like PayPal, bitcoin is not discentralized like paypal, bitcoin is a technology based currency, PayPal is not a technology based currency.
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Please help me make clear idea about how good bitcoin is to be a digital asset as we become old in the future, and this served as our lifetime asset same as pension when your retire from your current job at the age of 60.
Bitcoin is a good digital asset for the future just as you said but my advice to you is to divide your savings into two you can invest 50% in bitcoin and 50% in physical assets this will enable you to have two options of investments, bitcoin is getting more attention and more countries are adopting it daily with makes it to be a perfect future investment. |
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Hello everybody. I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years. I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin? The only thing I see : big amount transaction But bitcoin won't be the money you use to buy your sandwich with those fees! I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee? Will segwit may lower the fees? Thank you  This will be massive investment for you if you stick to your decision to invest bitcoin for 2 to 3 years I am very optimistic that in a few years to come you reap bountifully your investment, it very glaring that the price of bitcoin will continue to rise and many countries are adopting it and transaction fees has been reduced drastically for a smooth and non-delayed transactions. |
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Btcjam closing down might not really reflect the fact that bitcoin popularity is waning, in fact everyday there is increasing awareness about bitcoin especially in social media, everyday new cryptocurrencies is created raising more awareness about all this coins, more so restaurants, shops, car dealers e.t.c are also adopting bitcoin as mode of payment making bitcoin more popular with a brighter future.
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By the way as a good trader I cannot be disappointed in trading although some losses might be incurred but as a disciplined trader I only trade with the amount of money I can afford to lose and I always ensured that my profitable trades has a high risk to reward ratio I.e at least 1:3. In fact trading is one the best investment that can serve as source of income for individuals.
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Obviously in a country where there is high literacy bitcoin is going to improve their economy, this is achieved when people in that particular country are skillful in web designs, graphics design, programming e.t.c majority of these people will be engaged or employed online to earn bitcoin through freelance sites by doing so foreign exchange is earned in that country I.e money will flow into country and this will improve their economy.
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Bitcoin, for now, is not suitable to become a national currency of any country. Bitcoin's value is too volatile so a product or service will always change in price with respect to the price of Bitcoin. Also, a transaction fee is there with every transaction, this is not practical in using in a daily basis. It will be hard for the government to control the scenario. So if a country will make Bitcoin as its national currency then they have to regulate it first.
I quite agreed with you that bitcoin is too volatile to be used as a national currency , bitcoin being volatile will cause inflation in that particular country that adopted it as a national currency and coupled with the fact that bitcoin is decentralized I.e it is not controlled by anybody will even makes it much more difficult to be used as a national currency. |
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I like bitcoin in many ways particularly the fact that bitcoin is used as a means of payment for many online jobs endeared me to it. I also like bitcoin because of it's wallet security features I.e bitcoin wallet is well secured and the ability to keep my been bitcoin offline to avoid hacking also makes me to love bitcoin. Being a decentralized cryptocurrency is an additional feature of my likeness to bitcoin.
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I believed bitcoin savings is a future investment that is why I have been trying every possible means to ensure that I keep on saving or holding it.
There is a wide speculations by market analyst that the price of bitcoin will continue to rise and in few years to come it will reach $10K if this feat is attained then this is massive investment.
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The more people know bitcoin the better for people who had already or are into bitcoin, although just people knew about it and gladly I am enjoying every bit of working and earning via bitcoin I am very sure as more people join this world of cryptocurrencies there is so much opportunities that is going to opened up for we that are already into it.
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Gradually the price of bitcoin has been on rise presently it has reached $4K I am very sure and optimistic that before the end if this year it is going to clock $5K and with many countries adopting bitcoin the demands for bitcoin is on the rise and I am very sure the price will reach $50K but nobody knows when that is going to happen.
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In 2015 while I was researching online I came across a site that fully analysed and explained bitcoin and that was the first time I heard about bitcoin, meanwhile I also had the opportunity of registering with a faucet site to get some satoshi but unfortunately I ignored all those sites I did not showed serious interest which is highly regrettable now.
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