When you are depending on that graph you need to have a more time so you can really manage not to lose money in trading and save some extra bitcoin in the next dont panic when the price is low wait for it always to be high again and everything will be fine.
waiting for the price to rise high sometimes just working is it does but i'd prefer to cut lose if the specific coins seems don't have a good future to prevent from having such a big lose like zcash which had been falling down recently from 1btc to about 0.3btc and that's such a pain in the ass yes that is a fact that some time booking a little lost is good as it can prevent you from making a big lost, therefore you must always be careful while taking a decision as some time your lost can be proof as good for you . |
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First you should know the strategies of trading.Then you should begin trading by investing small amounts to gain experience. When you gain experience and confidence, then you can start trading with bigger amounts.
But learning strategies might take long time and many people do not prefer to wait for testing their skill in trading. the basic logic about trading, Sell in low and buy in high. It mightn't have taken a long time for did it. the keys are in the basic. I think everyone must have understood about this. and how long? It's short in my mind. yes that is a fact that if you have sound knowledge about the particular item in which you are going to do trading and if you have some good previous experience of trading and good skill of trading then it is good time for you for trading. |
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We need luck of course that why even successful business pray to God to give them more blessing and that luck is our blessing. Our skills is a gift to us but we cannot just rely on it for the rest of our life as it could not be effective in the future. Having luck and skills will give you more chance to succeed.
If we believe into luck is due to God's touch, then there will be no possibility of successful trade without that. At the same time simply believing in to God will not help anyone. But, having both will give us assured profit from trading but having luck all the time is not possible and it is not within our control. yeah i agree , with luck only i think people could not do much in reaching profit but with skills only you still have to get profit even not steady and now imagine once you have both luck and skills used, what would happened? of course the perfect situation that everyone needed, but if i should choose one, i think to have skills more important. to me the most important thing in trading as well as in gambling is luck if you are a lucky person you do not need any skill or experience as we have very clear examples from our daily life that most intelligent and experience people are working under the supervision of lucky people who have no skill and education or any experience. yes no doubt about this that luck is one of the most important factor of success both in gambling as well as in trading, but if you have some skill and experience then it can also give you some benefit in trading as well as in gambling. |
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You can start with the amount of 0.01 btc if you're a complete newbie, Better trade with the amount that you can afford to lose.
To avoid losing the 0.01 btc. It is important to study about trading first but after all practical knowledge is the best so try and try.
This is exactly a newcomer to be alert to the possibility that he might lose these savings. But he will get experience. Although negative, but an experience. And if a newbie does not want to spend 0.01 BTC for trading, he can lower it down to 0.001 to 0.0005 BTC just to have a first hand experience on trading. With this amount he can buy some cheap coins, those ltc market or dogecoins market. At least even if he lost this amount, it won't affect him that much. It will be better if a newbie will only start with the amount of 0.001 BTC and that will be a great start even he doesn't have knowledge. And that amount is affordable to lose for a starter in trading. But you should buy the cheaper coins but has the chance to pump in the future because a lot of nonsense coins are coming out. i think it depend on the experience and skill of trading if the newbie has a good experience of trading and having good skill then he can really invest good amount of bitcoin in trading and can really make good profit from it. |
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Yes, I think the price of Bitcoin will increase some more in the next few months. The demand for it has not gone down and has increased exponentially but the supply is going down due to halving.
the fact that bitcoin getting rare and rare day by day should convinced enough people actually aware already about this they just too afraid to make decision to invest in bitcoin what else make people shouldn't invest in long term? this is pretty clear , rare thing make more precious. it is not right to say that bitcoin is becoming rare and rare as he number of miners of bitcoin are also increasing and so the supply of bitcoin is pretty good therefore there is still no shortage of bitcoin, but it is a fact that the number of bitcoin users s increasing from day to day. |
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A lot of people uses bitcoin and most of them are teenagers since they are one who mostly uses internet now a day. And they're the one who are easily addicted to internet.
Well yeah as I can see that teenagers accounts for almost a half of the number of bitcoin users and the potential of them using bitcoin is very high. Because teenagers are the ones who are very easy to adapt new technology and trends, bitcoin isn't a hard task for them to use. Moreover, teenagers using bitcoin will draw more and more other teenagers and that leads to a brighter future of bitcoin  to me those people who know aobut the benefit of bitcoin are using bitcoin, as they know the advantage of bitcoin but still most of the people have no idea about bitcoin therefore they are still not taking interest in bitcoin. |
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Obviously any kind of currency an be use for both good and bad. I don't know why are you asking these kinds of question. But for Bitcoin in particular it has no special features in which it can be advantageous for people who want to use it in good, But for Criminal it has features for security and anonymity. But yes it's how a person use his Bitcoin if it is good or bad.
Yeah I have the same opinion, I don't understand why people keep asking this, I mean anything can be used for any purposes and so does bitcoin. And the fact that bitcoin is being used for illegal activities is undeniable but that doesn't have anything to deal with its being used for good things. So yes the purposes of using bitcoin do include good ones. There are a lot of good things that can be done using bitcoin, and there are a lot of proof that bitcoin helping the poor to survive, but the media never publish a good thing about bitcoin they prefer to make bitcoin looks bad, that is why most people known bitcoin as criminal coin or terrorist coin, but actually bitcoin help a lot of people in this world to me all the legal activities for which people are using bitcoin are good jobs. as if i am using bitcoin for shopping it is really a good activity, if i am paying my mobile bell using bitcoin it is also a good activity, and similarly there are so many other activities for which we can use bitcoin. |
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move to another coin is a first choice , in crypto currency have a lot coin eventhough bitcoin is a best coin  if you have a lot of bitcoin in your wallet? then you will lose all your money and your dreams. it was very painful and will make you have nightmares of course.  Yeah maybe, bitcoin somehow has become a major part in many people's life and if bitcoin ever disappeared someday, it would be a total disaster that destroys people's dream and it might be a nightmare that haunt them for a long time. But I think the possibility of this to happen is pretty low so we don't have to worry about it much. yes that is a fact as now people are adopting bitcoin in their lives for several activities as i personally using bitcoin for mobile refill and for paying utilities bill. so to me bitcoin is not going to died so easily, i think it is getting more and more stronger from time to time. |
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Of course they will. Who doesn't like having their investment grow without doing any shady business? But not everyone believe that it can be profitable and sometimes it's kind of hard to convince them.
yes that is a fact there is no doubt about this, to me not only in gambling but in all kind of activities when people find it profitable they start interest in it and then try to find ways how to get the benefit from it. |
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I think bitcoin was created so that we can have an alternative and better kind of currency. You can avoid getting taxed when you're using bitcoin. It's fast and reliable too. You can easily send money abroad with just a few clicks. Bitcoin is decentralized and that just means that a part of bitcoin is meant to do the opposite of what the government does. Today, bitcoin is an investment for most and an opportunity to earn money online.
i think there are no taxes as bitcoin is still not consider as a legal currency by most of the countries, but once it become a global currency then government will surely impost tax on bitcoin and it will no longer remain a tax free currency. |
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Well it is your personal decission whether you want to sell your bitcoin or hold it. But of course, do not easily listen to them but instead do your own research. Consider their advise also, and look after the price if you are satisfied or not or if you want still to hold your coins. In the end, it is still you who are going to decide.
yes that is a fact that no one has the right to say any thing to you about your personal matter, i think you have the right to decide about your bitcoins either you want to sell it or keep it. to me i think it is still good time to hold it because the price is still increasing and hope that very soon is going to couch 1000 USD. |
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Doesnt matter if you agree. They are coming. It will be a process. No fractional reserves..
It is really coming after the news that Switzerland Central Bank plans to have crypto bank. https://bitcointalk.org/index.php?topic=1685326.0So most of us are disagree with this type of concept but the game will change now as a first world country is going to accept bitcoin through their bank. if it is a fact then it is really a good news about the future of bitcoin, i think then Switzerland has to accept bitcoin as legal currency, i think bitcoin will become more popular if any country take the step and consider bitcoin as legal currency. |
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Banks will change or go under but they won't go away. They will always find some service to provide that someone else will want to buy.
yes i agree for your opinion , i am believe that bank always used .. because bitcoin not yet function like bank Why would you want Bitcoin to function as a regular bank? More important, what is Bitcoin according to you missing since you want it to be like a bank? You can send and receive money 24/7 instantly without the need of a middle man, you own everything in full, it's a great tool to avoid interferene from banks and governments. Only benefits. That's why I don't understand what you are missing. Or probably.... You are not getting any interest on your coins as it is, is that what you are looking for? I have always though that bitcoin is a great invention but it can also bring fear to some people since now you are completely responsible for your own financial success, when your money is in the bank there are some things the bank offers that bitcoin does not, like interest rates or savings protection, for people used to those things leaping into bitcoin may seem like a risk and even worst since you are on your own. but banks cannot give you such a good profit in such a short period of time and if you want to get interested on your saving in banks you have to put your money for years and only then you can get a good interested while bitcoin is in your hand every time and you can use it any time day or night having no restriction on use of bitcoin. |
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If you are about to buy right now, then it might not be the best investment in the current times. But if you already bought bitcoins a few months back when it's sitting at $500-$600 and you are just looking to average the price of you buying in then it's still a good thing to do. There is a high potential for bitcoin's price to shoot any point in time so it's always great to at least buy a couple of coins every now and then you have the spare money.
gut i think still it can be good time to invest, as still good potential in the price of bitcoin and can raise to 1000 USD a the end of this year so i think still people have some time to invest in bitcoin and secure some good profit. |
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China has a distinct advantage in mining but I don't think its ruling or controlling Bitcoins but it surely trying to do that. India is catching up lately so wait and watch.  Well I think that China or India really has a significant impact on the development of bitcoin as each country has advantages in the number of people using bitcoin as well as mining it, but one thing for sure that they are not controlling it. They do make bitcoin change its trend but they can't shut it down whenever they want. They surely does has big impact for development of bitcoin and it is making them more dominant country in the bitcoin industry. China is one of the countries that are having the most miners and farms. It cannot be removed that they are one of the countries who has the biggest contribution in the fluctuation of bitcoins price and we can say that they are also controlling bitcoin. it may be fact but i think that bitcoin is anonymous and now one know about the actual number of bitcoin user and even do not know about the users nationality, so how can we say that most of of the bitcoin users are from China. |
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Blockchain isn't bitcoin!
It won't make the prices goes up.
Things that can make the price pump is economy crash is some country, legalization of the coin and things that can bring more buyers.
The time is for buying alts.
You have so much trust with alts buddy, I do not think where would they go if the price of bitcoin will continue to increase. I do buy alts as well but not for longer investment, I just trade it as it's more volatile than bitcoin. Yes, altcoins are good for trading but saving reputed altcoins like litecoin or dogecoins will not harm any investors in my opinion. But compared to bitcoin, altcoins are not fetching bit returns for the capital we are investing into them even in long run. Buying bitcoins now will be more profitable than altcoins because when bitcoin gets appreciations altcoins find down surge still reputed coins stay stable always surprisingly. ye it is more better to hold bitcoin instead of investing in any other alt coin specially in present time when the price of bitcoin is continuously increasing on daily basis. you should invest in other alt coins if the price remain stable or if you realize that the price of bitcoin is no long increasing for some time. |
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the existence of paper money in the future will begin to decline and be replaced by digital money  . payment transactions with a card, atm card and shopping. and also because paper money is less efficient if in large quantities. but it's still in the long term because of the profit they make money medium digital / electronic novelty of this period.  I beg to disagree.. the paper money will not ever replace even digital currencies. Its that’s not a concept most people can get their heads around, which has been Bitcoin’s great limitation. It might overcome that hurdle, or it might not. The only certainty is that money will keep evolving. If money represents value, and value is a reflection of our needs and desires, then money is simply a reflection of us. And it will continue to change as long as we do. While I don't particularly disagree with your point that Bitcoin might never replace paper money (since that seems to be what you meant to say, it was hard to decipher your message), I can't possibly agree that the technicalities of Bitcoin could hinder its adoption. They can be very well hidden by the wrappers which web wallets already use. In fact, just to fill a typical bank payment order you need to spend substantially more time and effort than to make a Bitcoin payment. Even if you use a bank payment card, you still need to enter a lot of auxiliary data (such as card holder's name, expiry date, security code, maybe, something else that I don't know of) while in order to make a Bitcoin payment you need only to enter the receiving wallet address and the amount to transfer. I mean if you use a web wallet, of course... In this way, I don't really think that the technicalities are a real obstacle For me, it's the trust issue.. Banks are centralized and people especially the depositors are comfortable with their money as they know it's secured while in bitcoin it's not safe because it's decentralize and when the entire system is down our money will be lost. Simple as that why people continue to use paper money as it's government regulated. Bitcoin has advantages in transaction than paper money and vice versa. Digital currency is a future payment method but I think paper money will be still exist as long as digital currency can be hacked. Security issue is what hinder digital currency to replace paper money, we still need a form of money (medium of exchange) to do transaction just in case. We need both of them to store them securely, I mean when your digital currency hacked at least you still have paper money on banks or safes-box. yes that is right to say bitcoin is easy to transfer it do not need to transfer in to local currency if you are buying some thing in another country as bitcoin is a universal currency and it has the same price every where in the world. That's why it's called universal currency because it has the same value in the world and because of bitcoin we are united as one. And the world is supporting bitcoin as we are the world compose of different supporters from every country. Well that can be agreeable though. It easy to send and receive btcs from other parts of the world with less fees. And i think more and more people are already realizing that as bitcoin's price keeps on going up. the transaction fee is really know because there is no tax on bitcoin and when the governments will accept bitcoin and when they will put tax on it, then it will become more costly and then bitcoin will also lose its anonymity stats, and will no longer remain as anonymous any more. |
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I'm also thinking of it that the bitcoin price might go up to $1000 this year or early next year. And this would a good news for us in bitcoin community so we can invest more using our bitcoins.
Early next year I think is good start for bitcoin. I am also predicting that it will touch $1000 next year since there are many good news and company launching their services using bitcoin. Let us just hope that it will happen. i think bitcoin can achieve the 1000 USD level in 2016 if it continue its progress in the same way, and in 2017 it can even cross the all time high level, as people trust on bitcoin is building day by day and they are investing their money in it therefore it is expecting that the price of bitcoin will increase too much in next few months. |
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i think i am not good at managing my money because its really difficult to manage the money itself and i have an habit to spend my money to buy like food, stuff, clothes and i don't make a note what stuff that i am buy, and almost all the stuff i am buying, i can't remember when and where i am buy and how much the price. i think i will learn to manage my money so i can handle my problem for future.
i think managing money is not such an easy task, it really need good skill to manage your money, i my self not too good in managing my money in a good way, although i try my best but still i can feel that i am not so much successful in managing my money . |
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Reasonable is too assume that price will be between 1000 and 2000 $ for 5 years. After that calculation is simple, between 500 and 1000 bitcoins will make someone a fiat millionaire.
That is a safe bet in my gambler opinion, only surprise can be that price goes above 2000 $ in 5 years, well halving is for 4 who knows what can happen for 5.
to me we cannot estimate it in advance as it totally depend on the price of bitcoin if the price of bitcoin is above 1000 then diffidently you need a little as compare to the current price. |
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