Many are already familiar with bitcoin and they already know how the future of bitcoin next
But still considered as a few number on the total population or potential number of adopters, we keep spreading the good news and people will know. It's a long journey and eventually they will understand and adopt at the right time. Our propagation is too small, it will not have an impact on everyone of a country, so if a country wants to develop bitcoin, first, their government must accept bitcoin, Only then, do people really care and use bitcoin. It will be easy for a country or government to accept bitcoin now because of the good progress that already showed in the internet because of the bitcoin news all over the internet. I think if a country accept bitcoin then that country will be great in the future because they will have the advantages of bitcoin and also a lot of profit if they invest in bitcoin.
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At this pace BTC will hit $5,000 until the end of the year! Every BTC holder must know this: you will own a fortune in a few years!
Is $10,000 reachable? I guess it's clear that it is! (2-3 years)
Is $25,000 reachable? Why not! (5-10 years)
Is $50,000 reachable? Harder but not impossible! (>10 years)
I think those prices are reachable if the demand in the market will be stable and also a lot of progress will be added for bitcoin like the adoption of the countries that already done by Japan and soon the other countries are doing it. If you buy bitcoins at the price of 2000 USD then it is best to hold because the 10000 USD price is coming after the halving event because that will be a very important event.
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Interesting topic! I'm a crtpto currency noob and I wan't to learn how it works! can you guys point me in the right direction? links to good sites, discussions, books etc. thanks!
A friend of mine just started buying bitcoins and some other alts after months of seeing me reading news and my trades. Last night I talked with an IT guy but he never heard of bitcoin. We are still early bird here. By 2020 maybe bitcoin is worth a lot. As long as there is an active market for bitcoin we can still take advantage because the continuous support in the market will help the price to pump more and i can say that it is still worth it to buy bitcoin as of now and most of the people that asked me about bitcoin, i told them to buy bitcoin and keep holding them because after at least 3 years bitcoin price will be very expensive.
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Can't argue with that bitcoin is my second earning, it is because I work in an office that does not have much time so I am using bitcoin for trading and got profitable.
Bitcoin is the most popular source of income that i know and i also do bitcoin trading or altcoin trading as another source of income aside from my job or if i have a free time and i can say that it is far way better to just trade than to my job because i can earn my whole salary from my job in just a week of trading.
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I'll buy BTC at any price.. but preferaby after a huge crash It is really better to buy after a huge accident, because at a lower price it will be possible to purchase more coins and, accordingly, there will be more profits. Yeah it is better but you can't predict if there will be a huge accident or not because the price of bitcoin is not predictable so it will be hard for you to decide if you will buy or wait but for me, it is better to just buy and hold bitcoin because the price is not that easy to dump because a lot of supports are in the market.
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That is a very huge amount of bitcoin for free and i'm sure back in that year the bitcoin price is very cheap so it is not that loss to spend or give bitcoins away for the people because it is easy to get bitcoin again. If i knew bitcoin earlier like in 2010 then i'm pretty sure that i'm already a millionaire right now and you are right, now, the people are working hard to just earn 0.01 while back in the days it is easy as pie.
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So Bitcoin is better than Gold? Bitcoin is better only for short-term investments, this has already been discussed more than once. And gold has always been and will be a valuable asset even in the event of a collapse. I don't think that bitcoin is only profitable for short term investment because what can you say to the people who are holding their bitcoin for long term? Not profitable? Bitcoin is designed either short or long term and they are both profitable and it always depends on the price that you bought but if you want to be on a profitable and safe investment then long term is the best and i can say about gold is, it will just give you slow profit.
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Anybody using Ledger Nano S as a wallet? Please share your experience Thanks
I don't have ledger nano s wallet yet but i'm planning to buy one because my friends are already using it and they didn't experienced any bad situation with it and they are all recommending that wallet to use as a secured wallet. All of them says that it is better than the old popular wallet called trezor because it supports a lot of currencies than trezor and at the same time a safe wallet for long term holdings.
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For me bitcoin is an excellent investment platform and a long term one, if you want to earn faster you should learn trading to buy and sell if the price moves. Bitcoin all ready graduated from volatility it has maintained the price of $1500 and will not crash like the speculations of some gold investors lol
Bitcoin is a very profitable investment you can make a profit in the near term or long term, if you want to get a long-term profit. You have to learn about trading mate altcoin better for short term and bitcoin doesnt match for long term. bitcoin is like you put money and wait. Bitcoin is also good for short-term investments. The price can go up a few dollars in one hour. This can be used for short-term investment. In the long run it is even more profitable Bitcoin is all around you can both invest in short and long term and as you said it is more profitable if you will invest in long term because the price is always rising after a few years and it is just like a gold but a digital gold which is also faster in price growth. It is better for me, to invest in short term and long term so we will not miss any moment of opportunity to earn.
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I think even the Australia will be using bitcoin as money, it is still not possible for the dollar there to be replaced because not all the Australians there know bitcoin and they are just starting to figure it out so there is no chance for some replacement and bitcoin is just another currency for their country and it will just help their economy.
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Actually its not easy to convince someone to use bitcoin. I just let him/her to watch the videos about bitcoin so they can fully understand the process.
It will be a hard one to convince people if you are just letting them watch a very boring way about bitcoin while you can explain it in a very simple way. Explaining bitcoin and convincing people is not that hard because it is much easier and time saver than referring them to watch videos. You just need to explain what is bitcoin and how it works and what are the benefits of using bitcoin and after that then you are done and it is up to them if they will continue using bitcoin or not.
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I thought about how to get my money to accumulate as much as possible and after a lot of collecting I wanted to do what I had never done before.
Things you did not do before, what was that? We should invest in bitcoin, which is a good way to make a profit, but we should not invest all that money, there are risks to bitcoin that you can not predict. There are risks for any investment. And every investor should remember this. And be responsible for their actions. Poor people find it hard to make a lot of money because they do not have seed capital. Risk is very normal for any kind of source of money. I don't think all of the poor people find it hard to make a lot of money because if they really want to make money then they will find ways to get that, most of the poor people that i know already making money because of their determination and also for being a hard worker and they are now earning above average income per month because of bitcoin.
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Bitcoin can never be dethrone as long as there is a lot of people using it and also miners that sustaining the network. Even there is a lot of altcoins you can see the domination of bitcoin in the market by looking at the price move of the altcoins now and they are mostly dumping because of the price rally of bitcoin, so i don't think bitcoin is very easy to dethrone.
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Yes because is a good source of income because it helps other people to earn an extra income and without jobs. For example like me i find an extra to earn and opportunity. Because is a big help to us especially in our needs and billings. And i hope next next year bitcoin is become currency and stable. Bitcoin is more uses and very useful , no needs to go outside to earn
I think The price of bitcoin will not gonna be stable, I am sure that the price of it will always increasing because the demand will always increasing too. so Many factors that will make it happen such as halving and the limitation amount of it. so bitcoin will be good invetment and source of income. I agree with you, the price of bitcoin will not get stable because it is on the market that only depends on the demand of the users and it is not that centralized currency so the price is cannot be dictated and if you want to make your own price in bitcoin then you need a lot of money to do that because manipulating bitcoin will make you poor if you are greedy.
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No known banks are acceptinf bitcoins as a deposit option for their services so there is no way that you can save bitcoins on bank now a days,all you need to do is to store bitcoins at your offline wallets and other wallet and serves as a bank for you
Banks is not the only option for saving bitcoin because you can save your bitcoin in a lot of way like you stated and one of the best wallet to store our bitcoin that i know is paper wallets which is very easy and cheap to make and you just need a good quality of printer and also a piece of paper then you are good to go and you can store your bitcoins in a very safe way.
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The one reason why many love bitcoin is most popular currency. When you have an transaction its easy and fast. It is also a source of income to the people who needs an extra income, its useful. And the bitcoin is very safe and easiest to save. Bitcoin is a good investment because you surely sure that your money is have a good profit. One thing is anytime if you want to earn you can earn immediately.
That is all right because bitcoin is like all in one package which is very convenient and you can also earn money on an easier way because you just need internet and also a desktop or laptop and then you can earn money thru bitcoin and it is not that hard because you will not do anything aside from thinking and some sort of typing while in regular job, all your brain, body will be used and you will be so tired.
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My regrets is i just discovered it lastyear, invested in some scam sites, loses in gambling sites. This time im goin to take it seriously hoarding maybe.
That hurts man! But i think most of us in the starting phase in learning bitcoin we think that investing on those scam site is the only way to earn bitcoin but it isnt sort of that is the start and now we know how do we earn it hold it or trade it. Also in gambling it is okay if its for fun but in you it is sort of earning thats why you lose a lot. Everyone has our own story, like me I was a victim of scam investment but I never gave up, I continue to pursue investing until I found the real success with bitcoin. Yeah, do not give up if you will have a lot of losses because if you will give up then it will end all your efforts and patience in pursuing bitcoin and earning good amount of money. A lot of people succeed in life because in every time of their failure they choose to strengthen their self and not to weaken by it.
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I am looking for the same thing too. My experience: discard Xapo, their fees increase proportionally to the BTC value. And as they said above, it depends on you are BTC investor or just a faucets user. I use faucets, earn around 40-50 $ per month. And if you are going to use faucets, Xapo really sucks.
Not only Xapo, but coinbase has also started to charge fee for each transactions making it difficult for the small transactions to be made as the fee involve in them is quite high. Like Faucets already giving very less SAT due to high bitcoin price, the no more free tx wallet make it even more less for the person who wana spend the small amounts, earned from the faucet. I have switched to desktop wallet because its no use keeping bitcoins with xapo / Coinbase and have no control over the private key and also no more free offer of free transaction. True. I have some funds in Coinbase and cant get it because I am regretting the fact that it will eat a lot of my funds just for the fee. Perhaps, I will add some more to at least satisfy that fee. Many of the wallets are getting higher fees also and I just use trading sites for now for transferring bitcoins because they got lower fees. This is a heck of a chaos and should be brought back to where it should be when the traffic is fixed. which trading site that still have low fees? bittrex need 0.001 and Liqui need 0.0015 even hardware wallet need high fees too, nothing that we can do to prevent this, just take it or leave it I agree with you, we can't do anything about the fees because are based on the miners and if the miners want higher fees then they will get it. The wise way to deal with the high fees is only transact if it is a big amount of money so you can save money from big fees and always spend bitcoin in a smart and sure way so you will not waste any amount of your bitcoin.
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I think that such a future is quite possible. Many people believe that it is more convenient and profitable for them. Perhaps, from the Internet, it will soon go into real life, but for this bitcoin is not yet so popular.
Bitcoin Is still not popular for now but I am sure that it will be popular in the future because honestly it us very very usefull technology. After today I start believing Bitcoin will become popular faster... I was looking today the local online mainstream media from my country and they started making articles about Bitcoin, saying it reached to a new record. They never had any interest in BTC and now, suddenly they post an article about it... It's a good news, but at the same time I fear Bitcoin can wake bad interests from some people. I also believe that bitcoin will become more popular because of the price surge and also the unstoppable increasing price from the demands in the market and also the action of the different countries like enabling bitcoin as a mode of payment in some places is a such a great help for the economy of bitcoin and because of that more and more people now are getting into bitcoin and it is becoming the new era of currency.
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Show bitcoin prices now then most will be interested in bitcoin, especially if we can earn it for free, the most important we only need to prove on people really interested in bitcoin
Earning free bitcoin now is not possible or if it is possible then it will take a lot of time before you will get a decent amount of earnings. Earning bitcoin is not that easy anymore because if you will teach them to earn for free then they will get bored and at the end up of the day, they will give up but if you will teach them for the right thing to do like buy and grow it by trading and investment then they will get more interested.
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