It's not a good idea for anyone to invest all their funds into Bitcoin knowing that it's erratic and volatile. It is not even advisable on any crypto. For crying out loud, why would anybody do something as thought less as that when there are over 900 cryptos in existence now. But then there are crazy guys out there who may want to think it's a wise investment strategy.

I do not share in the sentiment that cheap coins are risky to buy. Yes, you can say that for ICOs. They are always risky because no one actually knows if they will succeed or not. Even the devs too don't know this until the ICOs are ended.

Anyway, my strategy has always been to acquire very cheap coins and hold till they appreciate. I have a few Lisks I bought around $1 a few months ago. Today that portfolio has increased by times five. Ok, did anyone observed the glitch that happened at bitconnect yesterday? The coin went from $123 to $46+ within a few hours. Do you how many were thrown into panic for that? For real, you can't say because a coin is worth more, then it should succeed.

Spot on! Just like every experienced person was once inexperienced. It baffles me why some participants still express doubt in the campaign they are in. If you doubt that payment won't be made why are you still in? I really don't understand such a mindset. The doubters should be bolted out at once and be replaced with more trusting members.

You and I know that such a situation you painted will never exist. The Internet has now become a strategic part of this earth. I can't really speak for the other planets. Nothing happens now that involves finances without the involvement of the Internet, be it banking, supply and purchase, communication, aviation, just name it. So, except there's a total annihilation of this earth, the Internet will continue to be useful to man. And if the Internet still exists virtual currencies or cryptos will remain relevant.

This is the major reason Bitcoin is soaring. Without altcoins much popularity and worth wouldn't have been accorded the Bitcoin. Like the popular saying, "you can only know the quality of good in the presence of bad." The altcoins chase in the crypto market gives the Bitcoin devs more determination to make it remain top.

Now, this thread should be locked up. The topic has been over flogged. Of course we all now know the answer the OP sought as far back as 2010 during the era of steading Bitcoin. Fast forward to 2017, we now know that Bitcoin is money! Simple and short. Please, lock up this thread to prevent spamming! It should be dead.

Enough...

You are right but remember that many who started with faucets didn't know it was pure slavery. I started that way too. Knowing what I know now I wouldn't have gone a pole close to faucets. It's a waste of time and resources claiming from faucets. On the other hand, one can offer one's skills for a job online to earn Bitcoin. Website designing, engineering, writing and editing, just name them, are ways to earn Bitcoin online.

Payment received. Thanks

Bitcoin isnt there yet. It isn't yet a ticket anywhere you go here on earth let alone heaven. I guess OP mere wrote figuratively on the kind of ecstacy the knowledge or experience of having Bitcoin gives. The joy that comes with knowing Bitcoin which one can't even feel is fiat is endless.

OP, how do we verify that you post everyday? Your post count since your registration doesn't tell us that given the time you registered here.

Thank you for mentioning this. It beats my sanity each time the same questions are asked over and over. Sure, I kmow I have read something like this here before now. It's needless. I will suggest the moderators begin to clamp down on repetitive threads.

You may be right about the ease of transactions but aren't we also talking of the values these two coins hold? We should also be concerned with how fast they appreciate in monetary terms. I think at this time the race is between Bitcoin and Bitcoincash, not with Ethereum.

Words are relative in meaning, you know? What is minimum can not truly be defined as every poster has his own definition of it. Just like no two words mean the same in English Language. They can only be nearest in meaning. For this, I will treat your post based on the edited part. I actually started mine early this year with 20dogecoins on Poloniex lending. The coins were earned from a faucet site. So, I can say one could even start with a free investment.

I quite agree with you. The point you raised in the first paragraph is very valid. Whether Satoshi sold all his holdings it not, whether he's still alive or not are all immaterial now. The Bitcoin technology has risen to the point that other cryptos have been born out of it and of the fact that splits will occur from time to time even from Bitcoin itself.

Truth be told, Bitcoin is bigger than Satoshi now...

Bitcoin is already taxed! Whether we intelligently accept this or ignorantly argue it, there's tax placed on Bitcoin whenever we make any transaction with Bitcoin. Of course whenever we make conversion into fiat the tax becomes obvious as banks exemplify this. Also, don't miners get paid through our transactions? Shouldn't we equate that as tax too. Anyway, tax or no tax, I don't see this affecting the usage of Bitcoin.

I really didn't want to comment on this thread until I saw this post...Ripple?

Are you serious? Gosh! Is that even a coin? I won't even touch that with a long pole. You may want to advise him to invest in dogecoins instead...Lol. No, both are same. OP, in case you still haven't found what you want to invest on I will suggest you look into this new coin: Binance. It should be a nice buy. You can split between waves, Lisk, bitconnect and binance.

I guess Polo is getting a lot of love here on this. They better not fumble on this thumb's up they are getting now because it was pretty bad at some point in the past whe I started with them early this year. I also traded solely on Poloniex but have added another exchange.

And to what OP is asking...I don't think it would work out considering the delay in btc transactions and the volatility of price action. Before one gets through buying from one exchange and attempting to sell off at another exchange the price would have changed.

Really? I would like to understand this dream. Honestly, I should think that owning a house and a mobility are part of anyone's dreams. Can someone live their dreams without these?

You can say that again with the continuous awareness and demand around Bitcoin and other cryptos. Many more wealth will be created as time goes on. With each passing day I see the reality of the virtual currency era taking the world by surprise. All thanks to Satoshi.

We never can conclusively say no altcoin can overtake Bitcoin in popularity and usage. Times and climates do change. We should also expect this here. Most people didn't give BCH a chance but today that coin is around $820 barely 20 days after it was born. Who knows it may supercede Bitcoin in the future.