Big question is what you/me/we as users want to be accomplished with bitcoin in 20 year.
Big moves made Japan must say sooner then expected but with this in line expect much faster expansion in next 10 year.
I think the one that most of the users of bitcoin want after 20 years is just an acceptance of the whole world of bitcoin because if that happen then all of the small wants will follow like high price, stable market, can be used anywhere we want and so much more. If we just continue this kind of progress then there is no doubt that after 20 years bitcoin will be successful. |
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On March 8th, Cheollima Civil Defense(CCD) released a video on its website claiming:” Han Sol, the son of Kim Jong Nam, and two other family members were met quickly and relocated to safety. “ And they receive bitcoin for financial support. This is something nice to do. BUt what if bitcoin be used to support some bad organizations, even terrorists? Is this already happening? What i am worrying is if bitcoin be widely used for bad things, negative news would be all over and bitcoin price will drop. It will lead to tougher regulation. Do u think world leaders are willing to kill btc to make sure they can fight terrirists?
if you make enough research, they won't need bitcoin. Banks are calculated to make more money laundering. They might even move money in cash. If you understand bitcoin then you will realized that they need bitcoin because bitcoin is anonymous and they can easily transfer money from one to another without being notice by the governments authorities. Bitcoin is being abused by the criminals in the black market and use it to sell and buy things illegally and we don't need to be surprise if the terrorists also do the same. |
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Because the price of bitcoin is currently rising and rising
yes, that's the main reason why we have to invest the money we have in the form of bitcoin. since the initial release of bitcoin until recently, the price of bitcoin is growing, and I think this will continue. so, maybe bitcoin can be an investment that quickly. Bitcoin was always an investment since its inception and even in future it will act as an best investment tool so I think we are at good position to invest money in bitcoins as price will keep on growing as time passes by so invest in bitcoin till the price is not too high. The price is keep growing because of the good events that are happening and i think it is just a start for bitcoin because soon almost of the countries will do the same as Japan and accept bitcoin to their life and those who will get the best benefits are the early investors or like us who buy bitcoins now and keep it and wait for that moment where bitcoin is so expensive and stable then we can take the profits and secure those. |
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i think can because bitcoin more easier than bank , can transfer money without we'll go to the bank .. save our money in wallet this is very easy  No, people aren't going to believe in bitcoin's power to make the banks disappear. And besides they aren't going to allow this to happen. We know that banks can't be flopped that easy. And banks have a backed up power from the state so I don't think this is very possible to happen. Yup banks are the most powerful institution that we have and it will not be easy for bitcoin to make banks disappear as bitcoin is too small and not that powerful in compare to banks and even bitcoin lacks support from the Government. Bitcoin is nothing compared to the banks because banks is already here since the time of our great great grandparents so i don't think bitcoin will have a chance to make the banks disappear or replace it. Bitcoin will be just another kind of money and additional to our world which can make other kind of things better but not a pure replacement for something. |
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Recently, I've been trading bitcoins on btc-e, earning only a little, yes, very little, except the fees that btc-e takes.
Besides trading, are there any good method to earn bitcoins? Thanks.
One and best way of earning bitcoin is to hold and collect while price is quite low and then sell it after when bitcoin price reaches your target. This may be the safest one. Aside from it is to create local business using bitcoin as primary payment option then rotate bitcoin to fiat and vise versa Holding bitcoins for a profit is what most of us do. But the payment gateway part for your own local businesses is not so appreciated by many government's. They just say "transact in Bitcoins at your own risk.. " so it'll not be preferable. It's better to convert a part of your savings into Bitcoin and hold them for a long time. Holding bitcoin is one way to earn more money as the price of bitcoin increases with time. Great. Other methods include trading, gambling etc but they involve risk of losing bitcoins also. So need to be very careful while selecting the option of earning or investing bitcoins. You will make money from holding only if the price of bitcoins will go higher in future but the amount of bitcoins will be same in your wallet so I think its better to grow them by investing in trading as more coins will give us more amount of money in future. Putting your bitcoin in trading is a faster earning way than just holding your money in your bitcoin wallet. But before you start getting good profits you must know how the markets and how the big and small players play the game because sometimes if you just go and go in trading you will end up losing the game and in the end, you will loss money which is bad. So study hard before you grind hard. |
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Bitcoin is symbol of trust in all cryptocurrencies and will keep dominating this market. Bitcoin will not be replaced by another cryptocurrency as it is to be used as basic thing to set the values of other altcoins. Bitcoin has reached the level where it can not be undone or to be influenced by any other coin.
Accept the fact that bitcoin will become old and it will be like the metals that will experience rusts which it needs to be replaced by another one who can do the same thing or even better than bitcoin. After a few years, bitcoin will be slow and because of that people will migrate to another coin and purely use it and abandon bitcoin. |
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This is one of the proof that many people believed in bitcoin rather than other cryptocurrency in the world. This prediction may happen if bitcoin will just be accepted in the whole world and if the billionaires will invest in bitcoin and buy a lot of them. No doubt that bitcoin will start to climb up that price and prove that they are serious in bitcoin.
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I just use the online wallet, the reason is because it is simple, easy and can I access everywhere. I know that the wallet is offline is very safe, but because I'm still new and still small balance is of course currently online wallet is enough.
That is good for a newbie, you can stick to online wallet because you are just slowly learning how bitcoin works and what are the basics. Online wallet is one of the best and common wallet that most of the members here used because it is accessible anywhere and you just need internet to receive and transfer bitcoin but you need to remember that online wallets are not safe because of the hackers and it is best to turn on 2FA for additional layer of security. |
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I believe bitcoin is money because of bitcoin I can use it to spend stuffs, buy online and transfer money online. By doing transactions online bitcoin really helps me because its no hassle, less effort and I can save time.
By means of transaction, no doubt that bitcoin is already a money for us who uses and enjoys it. We can't consider a thing if it doesn't have a value or price but because bitcoin does have high value and price, it is very considerable that bitcoin money. And not just it is a money for us but also it's an investment, it's like all in all. Even from the start, bitcoin is already a money because that is what satoshi nakamoto likes, he want a currency that can help other people to make the our daily basis life easier than before with the use of internet only. Bitcoin already helped a lot of people in paying their monthly bills, doing transactions by transferring and receiving money from different part of the world. Bitcoin is really a money or currency and it is also profitable at the same time. |
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As of now, you can't use bitcoin only in Japan because they are still in the beta testing period where they just testing what will be the impact of bitcoin in their country and especially to their economy. If bitcoin will be successful in their country then it will become another national currency and it will be accepted nationwide and after that you can use bitcoin only just like their traditional currency.
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I don't support bitcoin unlimited because i think it will be like the ethereum classic which will stay down below the market and the king will still be the bitcoin and i think even though BU attracts some people it is not enough to defeat the huge bitcoin community because it will take time for them to do that and gather enough people to dominate the market.
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i am saving bitcoin for future and i really hope one day btc price will touch $10k.
till then i am going to hold on to them.
Keep collecting and saving bitcoins and also keep holding until the price reach $10,000 because that is very easy for bitcoin to reach if the good things will continue to happen like the adoption of the countries in bitcoin. If they continue then it will make the price pump to the highest possible price. |
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I'm trading with bitcoin and zcash, and I much got benefit because prices zcash are skyrocket, but i don't know until when zcash can survive, i hope the price not from user speculation or bump.
I also get profit in zcash in the last few months but i doubt that it will skyrocket again because it is more like manipulated coin and only depending on the hype of the market or the whales to be specific. I'm more comfortable with bitcoin because it is stable and it can't be manipulated easily like zcash and until now, i'm still earning more profit in bitcoin rather than zcash. |
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Bitcoin has become on of the best investing item of this decade. It is very recommended for investors to distribute at least 10-20% of their portfolio's investment to Bitcoins.
The recent swings in Bitcoin price has shown that it has great potential to rise. When one gonna see yearly change, Bitcoin is non-stoppable since 2014, with yearly change from 30-100%.
So if anyone is surfboard investor, Bitcoin is best holding to go with atm and to make some good profits.
That is why I think it is best to really invest in bitcoin there are profit in saving up in it and there are profit in trading with it, I think other Altcoins really want to be like bitcoin for sure because of what bitcoin has attain for it self, I am using it now in paying my expenses and keep my internet up getting some advantage in your daily need with bitcoin is pretty much helpful for me. yes that is right, i will always like to invest my money in bitcoin as the price of bitcoin is increasing continously therefore i will like to invest more and more in bitcoin. Don't be greedy in investing in bitcoin because if you are greedy and you don't do analysis then there is a high possibility for you to lose money because sometimes the price of bitcoin is falling down because of some bad news or progress. If you want to invest in bitcoin more and more, then you should analyze first what is going on and if it is a good time to buy bitcoin or not. Don't be greedy, control your emotions. |
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I still dont have 1 btc in my wallets. I dont want buy bitcoin and saved it. I want to get bitcoin that i did not buy. For now i just have like 1% of btc and i know i will get more from trading and investing.
i think if you have some investment for trading alt coin you can really make good profit from it. i think then you will be able to say that you have a good amount of bitcoin. Yes it will be easy for him to earn 1 bitcoin in alt coin trading if he is a good trader. But if he's not then he can study the market first and learn to manage his bitcoin properly and also his emotion so he can avoid losses. Atlcoin trading is one of the fastest way for me to multiply our bitcoin in a controlled way unlike gambling. |
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The world is run by the state-bank alliance. The top politicians and bankers jointly profit from inflating the values of money and debt with state power -- this system couldn't survive without either side. See Dissecting the Parasitocracy. The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit. (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.) The reason is also due to the nature of the state-bank alliance. Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how. The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children. They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.' So here's the problem with this alliance. When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers. The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument. The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust. In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers. Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone. That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering. Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it. So, the elites will try to suppress non-state assets, but won't kill them, even when given a chance. In the long run, this presents something like a one-way bet for these assets, at current prices. OP, nice one. Bitcoin is king of asset classes and store of value. No other savings vehicle can touch it, not Stocks not Gold not Real Estate. But diversification is good, so to diversify into each would help limit drawdowns. I don't agree that bitcoin is the king of the asset classes because there is still a lot of kind of investment that is better than bitcoin like the real estate investment where you can earn money consistently every month without going out to your house and just waiting for the renter to pay you. Bitcoin can be in the top lists but not on the peak of the list because there's still a lot way better, In my opinion. |
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Since Bitcoin is still basically new and hasn't really gone mainstream yet, we are still in the early stages of it's growth. I think there is a lot of potential for Bitcoin whereas gold is already established and it is less likely to have a huge increase in value. Basically Bitcoin is riskier, but has more potential for a big increase in value.
That is really true. Even its 7 year old background, we're still in the very early stages of bitcoin. It has a good potential. Then let's see what the future bring us. I think gold also has the potential for higher prices in the future? Gold also has a limit to the number. when the gold stock is running out on the earth. of course the price of gold will explode right ? I don't know whether gold prices can go that high or not but surely it is the best investment option for everyone invest some money in this asset class. Bitcoin prices move quite fast in both directions so I usually invest an only small portion of amount makes quick returns from bitcoins. I agree with your opinion. Gold will still be the best for long term purposes rather than bitcoin because bitcoin can change its price anytime without giving any signals but in gold its price is so stable and you can earn money if you invested a lot of your wealth in gold and hold them for about 5 years or more. I just invested small amount of my money in gold because i'm still learning how can i make money in gold. |
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I think i can say that bitcoin is officially dead when it falls down to $20 per one bitcoin because that is very cheap price and a lot of people will surely just unloading their bags and getting out of the business with bitcoin and just immigrating to another kind of cryptocurrency that they see some future with it. But i think it will take a few decades for bitcoin to reach to that point.
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Usually,big whales know the potential of bitcoins that it is sure to rise and so they dump their huge volume of bitcoins to create a fall in its price.Immediately,newbies get panic and sell their bitcoins which create further fall in its price and now the big whales take advantage of this situation and start rebuying bitcoins at a much cheaper price.Its a common process used regularly in bitcoins and especially in altcoins by big whales.
You are right, Most people who are new to bitcoin will be afraid when the price drops then do panic selling. but now many people who are good by being contrarian. so people contrarian that just greedy when bitcoin prices down because they are aware that they are buying is something worthwhile. that is right to say but i think now people are becoming mature and they are not going for panic selling, as in present time we can see that the price of bitcoin got a good support and now trading above 1200 USD level again. It's not caused by those are mature. But the whales are driving the market with based on the upcoming rumour and news speculation it can make the mentality by a lot of the middle and lower tier of traders get broken. The good support for bitcoin caused by the good news from the Japanese, it makes FOMO to the bitcoin Yes whales are the one who dictate and forces other investors or traders to do a certain thing. Usually if a news or adoption is upcoming then the whales will do the 'buy the rumor then sell the news' strategy where they bought a lot of bitcoins and if the rumor is confirmed then it is already late for other people to buy bitcoins and they will be forced to buy bitcoins at a high price which is instant profit for whales. |
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Bitcoin was already considered an internation digital currency. But the thing is other countries, no store or shops that accepts bitcoin. Though it is already adopts by some people because of its advantages still it has a good benefits that can help to people.
Japanese government now accepted Bitcoin as a legal payment, in the future there will be more and more countries to accept bitcoin.It may take a long time to be bitcoin could become an international currency, perhaps we could wait until bitcoin accepted by the whole world Yes, since Japanese Government accepted it as their currency some other country will gonna look for the first trial of it by Japan, and for sure once it is successful other countries will follow them. I agree... Japanese is one of the most advanced country in the world and they just go and go and try other things to their country that might help them to be more advanced and one of the things that they tried is bitcoin. I think if bitcoin will be successful it is sure like what you said that other countries will follow Japan from its footsteps and it would be one of the greatest event for bitcoin because it will have a massive adoption and the price of bitcoin will go up very high. |
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