In recent months, the price of bitcoin has constantly changed and i think this speaks to Bitcoin's instability because its price has gone up too fast in the short term. Bitcoin need a long time to develop sustainably and i think in future Bitcoin's market will expand around the world. Maybe it will be the top investment choice and can replace gold. Gold is the past, we need something more convenient in the future and that is bitcoin
Yeah gold is history and outdated form of investment and we want something new to invest our money which can give us best returns in future and bitcoin is the possible solution for that as price is going upwards and with more user base it will go even higher in coming years. Bitcoin is a very good investment and has proven itself as a good currency and a good commodity at the same time. But gold is also good investment and I disagree with you that gold is outdated. Gold has never been and outdated investment, it has been a valuable commodity since ancient times and it will never be outdated. Even if everything is destroyed gold will remain to exist. Agree with you. Bitcoin is now in a trend. But gold is always in trend. We must minimize risks and fuck up assets in different investment objects. I'm sure that over the next few years bitcoin will be popular We always have an choice to invest in both of them they why to go with a single one? its better to invest in both of them as gold is a best investment when it comes to long term and with bitcoin we can make short term profits by taking advantage of price fluctuations. Bitcoin is good for use in long-term investments. I believe that after a few years, its price will grow significantly. Gold is more stable. He, too, some analysts predict growth since 2017 Ya it is true that Bitcoin value in long term is very good and we can expect very good return if you can hold the bitcoin for 3 or 4 yrs surely you will get 10x value from todays price. Agree with you mate and i believed also that bitcoin will give us more profit in the future that is why i do not sell my coin instead i collect more bitcoin in some method for the future of my family because i see that in bitcoin i can stay away my family in financial problem. Bitcoin is always the best choice, in recent years its price has always tended to increase and it is gradually giving credibility to the users, its popularity can be said to be increasing rapidly all over the world. Bitcoin investments will certainly bring better than gold, why I say gold is the past? Because the price of gold in the long run is not so volatile, the popularity and attractiveness of gold is decreasing in the future. Many people are no longer interested in buying gold. Yes that will be the reason why people will not get interested anymore in gold because it is not volatile and they might prefer those volatile kind of investment rather than gold because gold is just like an investment for people who are officially financially stable and have extra money to spend. So if you are kind that person then gold is the best because in terms of long term, gold will be the winner over bitcoin. |
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In my opinion, not all the banks are evil because they are one of the greatest foundation of our national economy. If there is no bank then there will no authority that will help us to secure our money. Bank is one of the most important branch of our economic tree because they secure and help the economy to continue flowing because if they have the money they will help other people to take loans or invest in the stock market which help the money continue flowing.
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- I think trading is a good choice, because it is very suitable for people who want to make money based on their skills, experience and analysis capabilities. In trading, we can control losses and profits. Trading will be very safe if we have reasonable strategies.
- In investing, profits and losses are difficult to predict. Sometimes you will get a huge profit, sometimes you will lose everything, it depends on your luck. The risk from investing is huge, you will likely lose everything if you make a wrong choice. I do not think investment is a smart choice
You can invest your money in real world and in physical products like gold or real estate where you can hold them physically without any risk and you can take decision of selling it at any time when price is allowing you to make profits so investing in real world involves less risk. But investment in real world and in physical products like Gold is very slowly getting a profit, because the price of gold is very stable than Bitcoin with volatile price. I think the best way is 50% in trading and 50% for investing. It really depends on where are you putting your money one. Because there are types of things that is good for investing and some are good for trading. Even in the stock market not all stocks are suited for investing some stocks are more suitable for short term plays which is counted as trading. There is really no best or worst it depends on where are you putting your money on. - Yes, it totally depends on you. Important that you have the ability in the field of trading or investing, but in my opinion and experience, trading is a good choice because it does not rely too much on luck - I do not say investing is not good but investing always need a long time to make a profit. We often say time is gold, so I do not want to waste too much of my time. I am a person who likes fast and I do not want to wait for something so long Not all the investment are taking a long time just to make profits because there are still a few kind of investment that can give you fast profit. Just like in ICOs where you will invest your money and buy some coins or their stocks and just wait for them to finish their crowd funding and once they are done and the coin is launched in the market, for sure you will easily get profit if you invest in a good ICO project. Mostly the ICOs just take a few months to finish but compare to other investments, that is short term investment with a high possibility of profit. |
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right now even to expect for the price of bitcoins to go down below 900$ is just a waste of time. bitcoin price is going rapidly and it will touch the mark of 1500$ in no time. it is better for the people who are holding the bitcoins.
I don't think it's a waste of time though, the price is great but we have seen many times how the price move so I would say it's till possible since we are still close with that value. However, if one will think to see a price like what is mentioned in the OP, that will take time and if only bad things will happen in bitcoin's economy. That price is easy for bitcoin to reach since it is starting to gain momentum again and it can attract a lot of people to buy even more bitcoin when the price is starting to pump up. Yes that is right when a lot of bad things happen then it will easily affect the price of bitcoin and the $100 dump price is very possible because there is a lot of bitcoin holders that make panic selling worse. |
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I think my worst decision is not to follow my friend's advice in 2014.At that time my friend introduced me to bitcoin, but I did not listen carefully, so I missed a good opportunity, a chance to get rich.
Yes, if you follow your friends advice in 2014 to use bitcoin surely you will feel very different bitcoin price at that time and now. If the worst decision I ever made was when in 2015 I do not hold bitcoin until now. Though my friend tell me bitcoin price in the future will be very high and at that time bitcoin price $ 300. But I think bitcoin price will not be high and every rise will certainly fall again, so I'm just using bitcoin to collect money not for investment. Those moments can't be bring back or re-correct because that is impossible. The only thing we can think about is how we can get bitcoin fast and how can we make sure that we will not do the same thing like what in the old days. So just forget those wrong decision and just focus on what is happening now. I'm sure that we are not late in this kind of opportunity and we just need some guts to still fight and grind. |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
Bitcoin needs to be calm when trading. We have to be very careful especially in dump and pump situations. You do not have to worry if the price of bitcoin drops. Anyway the price will rise again. But it may not rise again when altcoins fall in price. Many people are losing money in altcoins. yes that is the nature of bitcoin that it s price increase and decrease from time to time. i am hopeful that in future we will never see any downfall in the rice of bitcoin . Believe it or not I think that the thing that made bitcoin so popular and have so many users is the fact that the price is always changing even if it goes down, because people think of investing in bitcoin but the price is so high when the price goes down they have the chance to get some bitcoin, and the people who never knew about bitcoin when they see the price up they get interested in it. I also believe that is the main reason why people get in touch in bitcoin because of the volatile price of it. If bitcoin is not volatile and if it just stick with a double digit price and then the bitcoin will surely not this popular because they will not be interested for that kind of slow investment. |
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as easy to make money is not easy to reverse his hand, need a serious hard work and really do anything to make money.
But if you do not have an idea what to do to make money you cannot use that hard work you are talking. Hard work alone will not help you, it is important to be smart all the time so you can use your time wisely on things that will give you a good income. If you are afraid to take risks, you can simply find a job that will fit your qualifications and when you are hired you are guaranteed already that you will be paid in a fixed rate. I agree, hard work can be one of the greatest helper for you. If you have that characteristic then you can earn a lot of money and you can easily get rich if you just maintain that characteristic in you. For me, not taking the risk is the worst thing you can do and just sticking as a employee is the most boring thing that i know. So we don't need to do those two and just be a hard working person and also a risk taker. |
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If you ask me to choose between those two then i still choosing bitcoin because it is proven and tested that it is profitable. Zcash is just an altcoin with a high price in the first new days of it and then just dump because of the sellers or miners who unload their bags. I I choose bitcoin because it is stable in terms of supporters and the market because its been few years since bitcoin launched and now the only thing i see in bitcoin is rising up so i will just stick to bitcoin rather than jumping into another one with high risk involved.
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I don't think paper money would be removed. You can pull 10k from your pocket but you can't pull the 10 bitcoins that's the thing
Yes paper money will not be removed because that is the traditional kind of way we like in doing transactions either small or big but in terms of bitcoin it will be added as a secondary money for us because it is very easy to carry because no one will notice that you have million dollars in your hand by just looking at your phone  . |
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Given the history and situation, any reason/news about bitcoin acceptance is causing hike in bitcoin price whether it is going to happen or not. Recently the hype built around ETF is good example. Right now prices are rising could be because of Japan is ready to recognize bitcoin and about to regulate the exchanges.
Big whales could be the one of reasons.
Yes hypes can be consider as a manipulation fuel for other people because if they spread hype they can easily attracts investors that can pump the price and the whales will join the pumping party until it becomes a manipulation and the victims here are the innocent investors who believed to this kind of pump as a legit one. |
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Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
From the start when i used bitcoin i knew that bitcoin could defeat gold because the price of bitcoin are starting to increase unlike gold the price of it are stable. But the truth is, it wasn't bitcoin goal to defeat gold it's just arbitrary that bitcoin just defeated gold. Last month starting bitcoin price is equals to the one ounce of gold. We may see the price dips in the past some weeks. However, price is seems recovered and price settled more than 1100$ now. Every year in April month. Price use to bump to some decent value, just check the price for past two years. I hope we gonna touch the next peak value in this month. Yeah when i see bitcoin price higher than gold price, it's only for a while because still many people not believe with bitcoin and i bet many people in into that's trap, now they think how to covered they lost. The above gold's price was just a only for a while because bitcoin is very volatile and after a few days the price was just go down until now. So people are now in the trap of bagholding because they don't want to lose money but even though the price drops i can still say that bitcoin is safe because after a few months it will pump again. |
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The answer to this can only be answered by you as some people are expert in trading and some are not making profit from it. I would say for a begineer both won't be that good as trading requires skills and there is a chance of getting a loss but you do get some amount from your initial investment. While investing is also risky as if you invest and the sites takes your money and runs away.
In doing trade in the exchange it needs an investment capital first before you can trade some coins. Which means investment is still the good one to do to grow our money. And trading is one of the tools to grow it. Investment requires big capital and more patience to earn a profit, and yes sometimes we will get a loss like the sites take your money and runs away. But this kind of problems you will not face if you invest in old trusted sites. There are a number of sites are running and making a profit since last few years. And you don't like to take a risk in investment than try in trading this also gives you good profit in the long term. Not all the investment sites requires big capital to earn big profit. Sometimes it just need some time and patience and average capital to earn money there, you can invest a small to average capital and then just be industrious in referring other people because that is the secret in making a lot of money is through referrals like the MLM business. So if you want to get big profit fast then you need to recruit potential investors fast. |
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Obviously, USD is more popular than Bitcoin. USD is here for like forever but bitcoin came in 2009. Bitcoin is still expanding.
Yes, the US dollar is more popular because it is regulated by the state and was invented earlier. But bitcoin has every chance to replace it, only time is needed. There is no chance for bitcoin to replace the dollar or any fiat because it is such a bad idea to replace the fiat because bitcoin can't sustain all the people needs in money because of the limited supply and if the users of bitcoin will become bigger and bigger then the network will be slower than before and it will be the cause for bitcoin to fell down and lose the game. |
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Ever since gold will be a good investment when gold are in demand in your country but when it is not in demand it is very hard to buy and sell gold since my country are not that rich on gold. That's why we are using bitcoin here and bank are already considered bitcoin as our secondary currency on internet. In terms of payment we can use it to pay bills and other pheriperals.
People who are not yet aware about bitcoins will prefer to invest in gold as that is the only choice they see for making an long term investment but if they come across through bitcoins and the benefits attached with it then I am sure they will start investing part of their wealth in bitcoins but its never easy to convince people to use bitcoins especially when its totally new to them. I couldn't agree more with you, For those who do not know they would worry if invest their money in Bitcoin. because they doubt Do Bitcoin can give them a profit or even losing their money precisely? And if they know that bitcoin is very profitable as investment they will not want to be separated from the bitcoin. I wanted to say people or country that has don't enough gold how they going to invest it? Bitcoin is anywhere you can just easily buy it from website or people who using bitcoin with in your country easily to use and to invest it is a part of investment that you need to risk to earn. if they don't want to separate then focus on one simple as that. Yes it is easy to buy Bitcoin anywhere in the world, and we can easily invest bitcoin and make profit, but the main problem is it is not famous for gold, I don't know in another country, but in my country still 70 to 80% people don't know what is Bitcoin, but they know gold. It is a universal asset. That is why people like to do invest in gold. Yes that is one of the factor why other people invest in gold rather than in bitcoin it is famous and they knew it already even though they didn't try it because anywhere you can find gold like in jewelries etc. But if you want a faster generating profit investment then bitcoin will be the best and those people who didn't know bitcoin just need some sort explanation or orientation so they will become open minded for this kind of investment. |
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Yes, got you intrigued, didn't it?
Bitcoin is a very good thing to have as an asset. Just like gold. Even better if I may say. It's secure, and unlike fiat money it actually exists and work is put into it to produce it. This makes it great to store value.
However, it cannot and will not replace current fiat money that the entire world it using. It just cannot.
Take paying a cup of coffee for example. To pay your coffee with bitcoins, one must get bitcoins first, either by mining or buying bitcoins with other kinds of money (*cough*fiat*cough). It ends up being a quite complicated process, don't you think?
Until we reach the point where paying for a cup of coffee is as easy with Bitcoin as it is with cash, we will never get mass adoption. And as far as I see it, there is no way of simplifying the acquiring of bitcoins.
You are right it is very complicated to buy a cup of coffee through Bitcoin. It will take time to confirm, and we also don't get time to wait and shop owner also not like this type of late payment method. But we can make this simple by using Bitcoin debit card. Yes, how we use other r cards like that we can swipe or tap our card, and the amount will deduct in the form of Bitcoin. How can you tell that buying a cup of coffee is complicated? You didn't know the blockchain wallet? For your information, blockchain wallet is one of the fastest wallet receiver for bitcoin because when you transfer your bitcoins from another site to your online blockchain wallet, it already reflects in the wallet as soon as it shows the record in the blockchain so i don't think that paying stuffs via bitcoin will be complicated. |
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Maybe you have enough Bitcoins to buy a house but the real problem would be where will you find someone who would wish to sell you a house for Bitcoins. People are still reluctant to accept Bitcoins for the goods because of the volatility of price and they feel insecure. And so far I haven't seen any real estate agency who would offer their services for Bitcoins.
There is no problem when finding a person who want to sell their house in bitcoins because it is very easy to convince a seller to pay their property with bitcoin. Just tell them that bitcoin can easily be exchange in money and bitcoin is not that very volatile that like changing an average price of $500. Just go and explain to the seller that if you pay in bitcoin it is already an investment that can give profit for them in the mean time and can easily be cash out. |
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My prediction is that would be almost the same with others, the price will be able to reach $2,000 for this year.
But before that it will be having hard time before it reach there and for the mid year the price will be landing at $1,500.
And it will stay day for a longer time before it will rapidly pump to $2k.
Its a disappointing event when bitcoin was seemingly climbing to reach 1500$ in value a dump happened due to panic caused by hardfork and bitcoin split issues. But again we are now back on the right track and hopefully by may we can see bitcoin kicking 1500$ in value and luckily by the end of December we will see the shining stars when the value hits 2000$. I am hoping this can happen very soon, but i have small doubt in this it is possible to hit $2k this year end. Already 3 months over and I am sure this month end also it will not reach 1200$. But I think in this year end we see the Bitcoin price will be more than 1500$. This is just my prediction not sure. Price of $1,500 for bitcoin before the end of month is such a hard to reach since the price is not yet at least $1,300 so i think the desire for reaching at least $1,500 will happen in the next month or after at least 3 years because it will be hard for bitcoin to pump continuously if there is a competitor which are the altcoins that are currently pumping also. |
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Investing money on bitcoin is one of the trending topic here in our forum and i think it is a good practice to find investment like bitcoin because this has a big potential that after a few years it will pump again like what just happened last month. IMO, Bitcoin can be the answer for those people who are finding answer on how to get money fast because bitcoin is volatile then they can easy make profit by doing trading.
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for now I need the money in a short period of time, so trading is a good choice about it. in addition, although trading is income that is uncertain, but it is very suitable for my current situation.
Yes, trading almost suits for everyone needs because trading is very easy to understand and it is easy to start because you can start with just even 0.005 capital and you can grow it without a limit, if you are a good trader then it will be easy for you to turn that 0.005 into 1 bitcoin within a month, just be careful in trading some coins because most of the mare just waste. |
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no matter what happens bitcoin price will surely increase in the future no matter what happens
Not everyone has that much faith in bitcoin though. Some are shortsighted and those who trade frequently are more likely to panic sell. Yes, it seems that some users have lost their faith in Bitcoin any many of them are prone to panic selling. But I think there is no solid reason for panic and experienced traders should know better then that. But it's easy to react on current issues on the market although is always better to keep the cool head and think twice about every decision I think they must be new to bitcoin community and are not used to price fluctuations involve in bitcoins so looking at price going down they easily get panic thinking that bitcoins will not bounce back again and start selling their coins at cheap price. That is normal for a newbie to get panic when the price is dumping and also pumping. Because they didn't have that enough knowledge then it is very easy for them to get hyped up by the rumors that is spreading when the dump or pump is happening and then the result for them is jumping into the hype without even thinking what they just did but the good thing is, it will serve as a lesson for them and after those mistakes they will become better. |
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