I think Bitcoin, Since it has potential on increasing the value but in the other way hard to mine.
Well bitcoin is much better as gold has a lot of users already and it is going to be hard to enter in the gold industry as there are almost dominated by big investors in the whole world. But with bitcoin there are still enough opportunities left for us and for sure everyone of us are going to earn of it. If you are going to work hard on it. The best thing about bitcoin is that you don't need to buy it every time but you can also earn it so you don't have to invest your fiat money into which which you need to follow while investing in gold. Yes I agree with that it is a good thing about bitcoin even you don't have investment at all you are going to earn it if you are going to work for it. Just like offering your services or doing some signature campaigns there are a lot of ways to get bitcoin. But with gold, there are only 2 ways. It's either you are going to buy or mine. Buying and mining implies a lot of money to realize it, the good thing with bitcoin is you can earn it even without buying it. You just need to work for it, invest your time and effort and their you go. Less risky for us and more comfortable as we don't risk anything to make money. That is true, even you don't have enough capital for having an investment in bitcoin. You can just work for it so that you are going to be paid with bitcoins. But in gold there is no service that you are going to work and you are going to be paid in gold. But if there are some, for sure I'm going to shift in gold jobs.  You can never earn gold you have to buy it and gold holds high value so no one can afford you to pay in gold, and its not possible for everyone to invest in gold. gold is more for traditional investors that use it as a store of wealth/value. and somehow i kinda understand that gold attracts people as you can always use it as currency. even when fiat money isn't holding any value anymore. some even believe in a full collapse of the world economy and are hoarding gold as result. |
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The price seems stable for the month of July and we have not seen any substantial increase yet even if the halving took place this month. I think the price now is good to buy as it will increase in the future when the halving will be felt by us.
The price of bitcoin could be stable for the next few months. It will rise after some months of correction. That will be depending on the altcoins that are being created. If one will present major usage that bitcoin can not do then more users will shift to altcoins. nah, altcoins will stay where they are right now. at least, for the coming 5 to 10 years. bitcoin is the hottest thing on the market. |
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it is possible, but only highly unlikely. it means that the price has to go up more than $1000 each year to have such a price level. all the money needed to get the price that high must come from somewhere. i think a realistic scenario to happen in 5 years, is that we'll see the price go up to around $1500-$2000 at maximum. definitely not higher than $2000.
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The continous of bitcoin growth have been seen through out this past half of 2016. The halving even played a great part in the popularity of bitcoin. Many investors had jump in and lots merchant had been added to the list of adopters of bitcoin. Pretty much right before the 2016 ends there will be alot of growth to be happen that will give way to 2017 being the year if bitcoin because of much development and adoption globally.
the block halving has sparked the hype and speculation around something that isn't that special at all. we all knew it was coming our way, but people were still expecting miracles from the halving, even though the price has already doubled when it came very close to the $800 level. i am however not sure if the block halving made non bitcoiners more interested in bitcoin as you say the halving made bitcoin more popular. |
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Well if the price will hit again back at 1k value expect that many people are selling their bitcoin so i will sell my bitcoins too if it will happen..
For now we are still waiting for big spikes..
the $1000 price level is somewhat of a (psychological) barrier that a lot people are dreaming of selling at. i think that the majority of the people (me included), will sell at that level and feel good about it as it took soo long for it to show up. especially if you are holding the coins that you bought far below $400 last year, and sell them at $1000. that will feel good. |
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If you like to take the risk , I recommend sports betting , it is very pofitable , and you can double your money during one month , because the Rio Olympiad is coming soon , and there are many sports and many matches to bet on , you can try betting with small amount in the begining , then you make it bigger ....
op is talking about investing his money, and not gambling it away. gambling is just based on luck, and thus it can be as profitable as you ending up with zero cent. it's 50/50. if you really want to make your money grow, then stick to buying bitcoin, and stay far away from gambling. |
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Trading is just risky task just like gamble. While trading you need to have strategies that you need to follow. Here in trading you need patience and that is very important. Trading is the best choice than playing dice and gambling.
people yolo buying their coins at a certain price because they think the price will sky rocket in a very short time are indeed gamblers. but if you know what to do when it comes to trading, then it's definitely not like gambling. so far i have only made profits with trading against the volatility. it cost a lot time out of my day, but the results are good. that's why i put so much time in it. |
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panic buying at bitcoin  hmm... maybe yess today bitcoin strong, we rise arround 3-4% maybe next day we will see bitcoin rise to $700 Probably within two days we can see the $700 Mark.The profit made from buying or selling Bitcoin gives immense pleasure to anyone.. Let us just be conservative, maybe before the end of the month we can see that as I believe that is so close to happen and the moment we can achieve that price it will start to slowly grow or steady with the price range. Yeah price is rising and at a moment price is $680 so we may see the price of $700 very soon and I am very much confident that in next month we may even touch the price of $800. It is good to hear that most of the supporters here are very optimistic of the big price increase for the year, that is good because we are pushing the price with the positive energy and with the increasing number of users we could see the price increase in the near future. The increased users can improve the price of the bitcoin. It might take several years to increase user numbers. if these people bring in money to actually buy bitcoin with, then yes, it will have a positive impact on the price. but if these people only look to farm their way through faucets to scoop up dust, then these people won't even make a dent in the price. |
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Yes bitcoin is the future, and it holds an potential to take over gold in long run as bitcoin involves multiple benefits and gold is only an form of investment.
The potential that you are talking about could always go south. I dont think that bitcoin has the potential to win over gold. It does has the potential to stand on the same height as gold however to win over gold that has stand as strong as of now for thousand of years would be near to impossible Right now we can say the gold is more precious that bitcoin because it has been proven for a long time and bitcoins is just an internet money with no physical value, but with the help of the majority of the bitcoin believers, anything could happen as we are in the digital world era. It is just a matter on how the majority has seen this bitcoin even if it is just an internet money but if they see this as a sign of freedom that they can use bitcoin to transact in a decentralized system they will treat this one as a gold. gold being here for thousands of years doesn't mean it's more precious than bitcoin. and in fact it isn't as gold basically has an unlimited supply that will come above ground in the coming years and the hundreds of years after that. another important thing is that the current gold stash of the world that is made publicly, is not even half of what governments and institutions from different countries have in hidden storage. |
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Big crash or should we say nice take off.!!!
Btc is starting to take off,next week believe me.
there is nothing that indicates the price to go much higher than current levels in the next week. i don't mind the relatively stable price that we have right now, and don't mind if it continues till next month. right now we first need to go through $700 again before speculating about higher prices as the market is in a very calm state right now. |
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i mix my coins due to the fact that i don't want to leave any details behind which the government or other people can use to link me as person to my coins. it's that simple.
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yes, but that's only for trading purposes as with day trading i constantly buy and sell at various price levels. beside buying for trading purposes at such prices, i have not bought it for myself as in holding these coins for the long term.
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The price is someday going to be stable again that is just how it goes with Bitcoin but we never know when the price is going to be stable.
I do not like it when the price is stable for to long because that means just more waiting.
The bitcoin price is already quite stable compared to 3 years ago. I think it will be more stable in the future. while i agree that the current volatility is much lower/weaker compared to how it was years ago, i must also say that the higher the price will go, the less stable the price will be. especially when firm holder keep holding the coins that they bought at current prices till the price is around $1000-$2000 in the far future. buy support will decrease while whales get bigger and bigger. |
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I prefer saving and then next is investing.
With these two you are saving your profit and with help of investing your money is in a cycle.
Profit,save,then another cycle..
That should be the way, you cannot skip to investing like other people because if you fail you will have to manage a lot of problem, we should diligently save on a regular basis before we can enter into investing. saving money is a key element in our lives that we should take very seriously. not for the purpose of saving in order to generate interest rates, but only for the purpose of having money aside. if you have money aside, then yes, go invest some of your money. if things don't go to plan, then you have money left to fall back on. |
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i think why people hate bitcoin because of scam .. because if ur loss ur money or bitcoin u will hate bitcoin because bitcoin is money not a toy
I think it's because folks don't understand bitcoin that's what makes them hate it? folks can lose/get scammed in fiat too, doesn't that make them hate fiat? Perhaps, but most people who hate bitcoin as they see the black campaign of some sites that provide a negative value. So they see the bitcoin is a bad thing but do not want to see the real thing. All those who hate the bitcoin is people who did not understand or ever bitcoin missteps in the bitcoin one way or the other, at some point they will do some research about bitcoin as they see their own governments and banks are cheating on them. at that point they will realize how much time they wasted on hating bitcoin. |
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I still prefer bank because we can't be sure in Bitcoin because what if the price goes down? then the value of your money will goes down as well. That is why it is so important that you have savings in your bank account. But also it is a good thing to put some amount in your Bitcoin because you should consider it as a good investment.
i agree with the fact that people should have some money in a savings account aside for when they need it. but if you just keep the coins in your wallet and the price goes down, it doesn't mean you have lost money, although it may feel like so for some people. you only lose money when you sell your coins for a lower rate than where you bought them for. very simple. basically the same goes up with your coins going up in value. you only get to benefit from the profit when you sell. |
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Since bitcoin is an internet currency that can be turn into a actual money. And Bitcoin too is known on Government but still government can't observe bitcoin that good. So I'm thinking if Bitcoin has tax??
Edit:
Now I know that bitcoin doesn't have tax but Transaction does..
Where do these Tax go?Government? And what kind of tax is it??
I think bitcoin dont have tax. Because government or other people dont know who is the real satoshi and ofcourse this is not like other things that need to pay tax in the government. And i think the creator in blockchain is like the government that need to pay tax or fee so that you can send bitcoin. This is only opinion if i have wrong please correct me. governments don't care about who is the mysterious creator of bitcoin. they just care about the income you can give them by taxing your wealth and your income. here where i live you must pay tax over your entire bitcoin holdings and the profit that you gain from trading and even just holding. they see bitcoin as a currency tool, and thus it's part of your wealth. they are hungry for your money, believe me. |
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Let's cut the crap. Most of us are just waiting for Bitcoin to finally hit $100 to buy a huge quantity. Am I right or talking out my ass?
Let's be honest I'm not waiting to see bitcoin so low as $100 per btc, it is too low comparing with the current price level. We are looking forward to reach $700 hopefully this week even though it is near, less than $20 from this target. im also not waiting for such small prices, i think that the price is definitely going to go even under 100 if it will drop that low because people will be afraid of holding their bitcoins I think even though we do not expect the price of it happening but surely someday bitcoin prices would definitely go back to the current price of $ 100 may be dead or circumstances bitcoin, then forced bitcoin price to go down. but I wish that I had sold all my bitcoin before that happens Lol i am very sure the price will not go back to the $100 price level again, but even if it does, then it doesn't mean that bitcoin is dead or something. the price going down that much will be the result of one or more exchanges getting hacked and lose maybe hundreds of thousands of coins. that's a scenario that may drive the price to fall that low. bitcoin itself will just function perfectly fine as always. |
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Unfortunately I don't think so because governments and the big overlords will simply not allow it unless there is a mass revolution against government and banking corruption. People forget too easily and get sucked into the mainstream media and news to be aware of what is going on. Bitcoin will still be cool and hip though.
even if the government does allow bitcoin, it won't be used by the majority of the people. we have to accept the fact that some people aren't interested in a great alternative such as bitcoin. they will endlessly keep following what the governments and banks tells them to do. even if you put bitcoin right infront of their nose and tells them this is much better, they still ignore everything you say. |
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This is a critical period in the development of the currency, and if more major companies come out with announcements that they’re supporting Bitcoin, this could definitely leave a lasting mark on its development in the future.
If more major companies will support bitcoin, then that will be the start of the bitcoin's currency to step up. Most people will start now to use bitcoin. But what is the exchange for that? Price will now be stable like normal fiat currency and we can't take advantage now of the price active fluctuations before. the price at this point is relatively stable, that's right. but it won't stay like this for too long. the market is waiting for a large buyer to start lifting the market up to over $700. after that, the price will advance even further. we just need to have a bit more patience. |
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