Exactly. No one can know what the future holds and everything is possible.
I believe that most likely scenario where Bitcoin loses all it's worth is due to some critical security vulnerability that can not be fixed.
However that is unlikely by itself.
You are right, No one knows what will happen in the future and we never know when the value in the market will rise or fall and because of that, Bitcoins is a very good investment if you are a businessman and you really want to earn more profit then work hard each day. |
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Reading a lot of New Year Resolutions, and I can understand many of you here have some resolutions that involve crypto and bitcoin. Maybe you want to earn a bitcoin, multiply your bitcoins or become a crypto millionaire.
So here is one similar question that does not necessarily has to be achieved in this year.
What are the things you want to buy with bitcoin?
Whether its a House, your favorite car, a yacht, a jet or a ticket to Mars. Whatever you dream, list the things you want to buy with your bitcoins (crypto).
Seriously, There are a lot of unnecessary things that i really want to have by just working on bounty campaigns and becoming a trader as well. I want to buy a car and my own house but now, I just started first to spend the money i save for business to have a secured life and spend the rest for those things i do not need. |
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BTC is struggling. Many people are bullish that it will be strong in 2018.
For those who think that, why do you think that is the case when fees are so high and send times so slow?
Bitcoin will rise because there are a lot of people who are interested on it and the value on the market will grow because of the excessive demands. December is a season where everyone needs money and because of that more people are exchanging their coins to fiat that's why there's a traffic. |
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Do you guys billieve that bitcoin will become the only one currency that can use as a mode of payment in the whole world? How is this become posible in the future?
No it cannot happen, There are credit cards and bitcoin is also a digital currency that's why we can use btc as a mode of payment. Maybe in the future, There will be no fiat anymore because technology is growing so fast and if bitcoins is still existing then it will be the global currency nation wide. |
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We all know the advantages of BTC, but what are some of the disadvantages??
Well one that i can think of is that it is still not perfectly anonymous. Personally i'd like to see bitcoin evolve into the future into something like XMR with essentially in built coin mixing. This is probably not necessary but rather an add on. Another thing is that, fees are often high. Also, blocks are 10 minutes on average in between so that means you're probably not going to be able to get stuff irl instantaneously without the merchant having to trust you. The best advantage of bitcoins is the value that is keep on increasing as the time goes by, Another thing is that market is volatile that's why bitcoins is good for a long term investment but even there are good things like this, Bitcoins can still be used by terrorist for drug laundering or having illegal transactions that's why other governments are banning btc in their country. |
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Waiting is not need now to invest in bitcoin and people keep on investing in bitcoin and fain profit. If peopel invest in bitcoin now people will get profit in comming future as bitcoin is accepted to reach heights in prices in comming future.
Yes your right, In this industry, Time is gold and the more you wait then the more profit you will get in the future because the value is keep on increasing in the market. Most of the people who already invested in the past 2012 are millionaires today. |
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Banks could not disappear because everyone is using it and it was not nice to remove banks on the country because not everyone is capable of earning cryptocurrency so we should just stay the way on what is happening today and enjoy the growth of bitcoins. |
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Yes you should, Bitcoins price today is dumping bit it is not a bad sign that bitcoins will fail in 2018, It only means that we should invest right now because the value is decreasing and wait again for the next pump of bitcoins to earn more profit.
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The easiest way is to show the money you are earning when you already have the payment from bounty campaigns or other services that you are doing to promote the ico and with that huge amount of money you are holding then obviously, They might get interested to join immediately.
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There is no way for us to make bitcoins never stop because everything has an end so we should enjoy our life right now because there is still way for us to earn more money through this coins, Just strive to earn more money so we will be living a happy life in the future.
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It is not necessary for us to explain bitcoins to children because most of them are not interested to study and not full matured but to teenagers, Maybe they will get interested immediately when they know how much money they are going to earn through this kind of work or rather called as sideline.
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Rest goes to zero as well?
Which is kinda weird. Everything is measured in BTC. Which makes it the digital gold and bridge between $ (real world) anf crypto.
In my own opinion, It does not matter even if bitcoin will go down to zero because there are still altcoins who are competing to increase its value on the market and since most of the investors are focusing on bitcoins then altcoins are decreasing its value in the market. |
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I only regret the days when i was a new on trading because i tend to sell all my coins when there is a huge down on the market and it is a very bad idea to do that because the market is volatile and most of the professional traders know that the value will increase again after a few months.
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No it is not, In my own opinion, There are a lot of people who already quit their job and focus on working here in this forum because they earn a lot of money even they have no day job but for me, I prefer to work on the corporate world and also join bounty campaigns and do some trading as well.
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Bitcoin is good for long term investment because the market is volatile and since it is a digital currency, You can also use it to buy products online and it was a good thing that amazon is allowing a payment method for their products as well as mcdonalds for fast food order.
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There is always a good time to invest or sell bitcoins because the market is volatile so all we can do is depend on the positive speculations that are being given by different professional traders and use it for our own decisions and strategy.
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Bitcoin will still rise because all of us are expecting bitcoins to increase its price greater and today more and more people are keep on investing to earn more profit in the future and have a good life to live.
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There are a lot of people who really regret by not investing earlier before because back in 2012 the value of bitcoins is less than $20 and that is the time where we should invest the most and today we regret because the value is already reaching the moon.
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In my own opinion, Miners is really affecting the circulation of the entire market because the percentage of miners who are contributing to the market is very high and mining is the first option to earn bitcoins.
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Yes it is possible for bitcoins to be banned by the government. There are a lot of countries who are banning bitcoins because they are avoiding problems like illegal transactions, Most of the government are avoiding drug laundering or selling of guns and it is sad to say but this is all possible with bitcoins.
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