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Well i guess that everything is setteling down. Now that 1st of August has passed and new protocols has been implemented, with no problem so far people has started investing in bitcoin again. I guess we have to get use to thing like this, at least for short time. Price will go even more up.
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As far as i know, bitcoins can never be fully mined off. I mean, it will always be slitting half by half, which mean it can go to infinity. But if we take moment, and think like it can stop, i guess that would be it. There would be fixed amount of bitcoin out there and that would be it. Price would be set with similar standards. But i can not be sure about anything, this is just my opinion.
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I am seeing a lot of posts asking for investments idea! I do believe for 5 bitcoins holder or less, hold! It will reach $10,000. Don't risk losing it!  I do agree on idea of holding bitcoins, it has proven to be easiest way and maybe safest way of earning money with bitcoins. But i am not sure about that idea of yours that bitcoin price will come up to 10,000 dollars. I mean it would be nice, because i hold some small amount of bitcoin, but i think it would be near impossible. |
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I am sad to heard that you have lost your money, and i agree that banks represent cold and emotionless people. Everything you say is happening in the world, and no one can deny that. But on some level we are dependent on banks too. We need some kind of security in this day and age, for our money. One more important thing that people do not do, they do not read agreement they sing. Not only for banks, but in general. I am sad to say that i too belong to that group of people, because i do not read everything when i sign.
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Well i think that best and safest option to make money with bitcoins is simply by holding them. But because you said you do not want to do that, there are other things you can do to improve your profit and earn more money. I think that second best way of earning more money with bitcoin would be trading them for altcoins, and with that make a profit from trading.
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I have believed that price would go down, because of fork coming on 1st of August, and panic sale. But i was surprised when i saw that price did not go down below 2000 dollars. And i believe that was good thing, that mean that people have more faith in bitcoin than i thought. Now i see that price is 3100 dollars, and that was even more amazing to me. Now i am thinking what will be top price that bitcoin will come to.
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Like everything in human history and life is flowed, capitalism is flowed too. It have its good things and also it have its bad things. I agree with what you wrote, and i do not deny that. I think that in order for us to evolve we need to go true some certain things, capitalism maybe is one of those. I believe that in future there will be arrangement that will be better.
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This is crazy nice. This morning i woke up and i had what to see. I could not got better news that this, woke up and when i saw that price of bitcoin was around 3100 dollars i was amazed. I have to say that i had my suspicions about fork, but i decided to stay with bitcoin no matter what, and now i can see that i did not made a mistake.  |
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hi;
i have 3000$ and what do you think? im going to buy bitcoins and i will wait for years last;
is worth that decision good ?
Well there is still some risk from new protocols, and until that is over i do not think that it would be wise to buy. But like always there is risk with bitcoin, and we all know that the greater the risk is greater the gain is too. So war bitcoin did not disappoint in rising price, and i think it will continue to do so. Therefor i think that it is good to buy bitcoin like any other time. |
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I just wanted to know that,what amount of risk is there in investing in bitcoins.
Right now i am planning to buy btc approx 3-4 btc and just hold them as i guess the price of bitcoin will increase in future and i will get some good profit.But i want to know what is the risk involved.Can bitcoin price decrease and is this right time to buy the bitcoin.
So far time for buying bitcoin has always been good. I did not yet met a person who did not made money from buying bitcoins. Like with everything in this world there is always a risk, with new protocol happened there is still chance for problems. But i think that risk is not grater than it was. I would say that it is good time as any other for buying bitcoins. |
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Money is one of our most important part in our life and we all work for money. I accept that money can buy a house, car, dresses and all things which we need in our day today life. But can money bring us true happiness??? A small incident which is making me feel if Money is the only thing we need in life. One of my cousin is married and have 2 kids and the younger one is just a year old. They are planning to leave their kids with their parents and go to a foreign country to earn more money. I cant imagine if both of them can be happy without seeing their kids or money has made them to take this decision. Do you think its a right decision?  Also,Why is money so important in our life? I think that money is necessary evil in this world, it make a lot of things easier than we think. We need to earn money for necessary things for our lives, but money is not everything. I mean money is not important for happiness in life, at least not for true happiness. There are things that can be bought with money that will give us temporary happiness, but not long lasting. |
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I think it will be as good as previous ones. I mean there is much that can be put in, and so far i was not disappointed in any way. But that is just me, i like Game of thrones, did not read the books tho, maybe i will in future. I am exited about new season, i hope they will not ruin it. Waiting is killing me a bit.  |
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I do not think that bitcoin will die, not any time soon. I guess there will be some problems here and there, but i believe that everything will get to where it should be. I have not done any trade so far, and as far as transaction speed is concerned i do not know anything. But i have heard that fees are lower, and i think that is good.
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Help me guys, I want to get rid of my bully friends but they are my true friends. A while ago I almost cried, my feelings got hurt again they were bullying me and they involved my parents.
Well i guess if they are truly you friends, if you talk to them and tell them that they are hurting your feelings they will stop. If they do not do that... well than they are not your friends at all. In that case say bye to them, and find other people who will be your true friends. I guess that it sounds hard to find good friends and it is, but it is not impossible. Good luck. |
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HI Guys,
Today i invested 3000USD for bitcoin. but i found that from last 2 days its price is down. I am new to this bitcoins. i am little scary to keep this much amount because it is going down. its already come down to 75USD less when compared to to my investment time.
Is there any particular reason for this change is the BTC price..?
can i keep the investment as it is or can i sold it for loss of 100usd..?
please suggest me... .
Well price of bitcoin was always fluctuating, going up and down and up again. I think it is nothing to be worried about, at the end price of bitcoin has always gone up and it was always rising. I started dealing with bitcoins when price was around 700 dollars, and that was less than a year. So therefor i think you should hold, surely price will go up again and you will make profit. |
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All the topics I read about "how or where to save and keep bitcoins" suggest that stay away from online wallets.
They give two main reasons to avoid the online wallets.
1. Any wallets can turn in to scam anytime. That happened in name gained wallets too in past.
2. Hackers may steal your BTC.
Well, lets ignore all the online wallets and consider blockchain.info
Bitcoin born with this where we can have our own wallet.
Is not this safe enough to save / keep our BTC for long term?
What if our hardware wallets get defected.. or broken or happen something like that? but if our wallet is online then we need to remember only our password.
We can access from anywhere and anytime.
Hassle free.
Paper wallet can be burnt.. can be a meal for paper mites... or we need a bank locker to keep in..
Explain please..
I think that in some way they are all the same. I mean there is possibility for them all to be stolen or hacked, i do not think that any of them are safe. With wallet in your pocket, well before pay cards you needed to have it, this day all you need is card. And bank accounts are same as bitcoin wallets, it can be hacked and your money can be stolen. Difference is just that in bank you can get your money back, if proven that is was hacking (which is not so tough), and i am not sure how does it go with bitcoins. Therefor, be careful no matter how good wallet you have. |
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So what's happening, has the fork been released? How do you get BCC? How much is it worth right now? Will it overtake it? WHAT'S GOING ON?
Yes the fork has happened, and as far as i know everything is good. I am not interested in Bitcoin cash that much, i support Bitcoin, because of that i can not tell you much about bitcoin cash. As far as i know, they had some down fall at beginning, but now i think its good. And as far as bitcoin is concerned, everything is good so far. |
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
Well to be totally honest... i do not think it would be popular. Well at least not thins much. There would still be people who use it, because i think it is a good currency, and it have some advantages. But there is chance to become even more popular. It could become worlds currency, it has that potential if you ask me, only than it would be even more popular than now. |
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Someone say yes. someone say no. Could anyone explain that fork has been occurred or not?
Yes the fork has been occurred. On 1st of August, i am not sure in which exact hour it happen, but it happened. New cryptocurrency has been created from that, and you probably already know, name of it is Bitcoin Cash or BCC for short. As far as i know it is not going so good for BCC, but i do not support them so i do not care much. |
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So far bitcoin price did not disappoint on rising part, and i hope it will continue to do so. For years price has been rising, and it will continue to do so. Will it come to price of 5000 dollars till the end of this year... i doubt it. More realistic price would be steady 3500 dollars till end of this year. But i would be happy if it would go above. |
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