Ahahah And spazzdla is sitting here with his coins bought at 800$! With a little smile that says "told you motherfuckers" I saw same kind of messages after every fall of bitcoin's price. Yes, there are a lot of people who didn't buy bitcoin with the price 800$ after the New Year's fall, but I am ok with that. maybe cause of even 800$ is too big money to me to allow myself at least one bitcoin. I have another strategy - I just stay some % of my coins on a side every month
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Bitcoin will die. Same with any other currency, if there's no one using it, there's no reason for it to exist.
With no one spending Bitcoins, there wouldn't be any transaction volume. With the no one trading on the market, Bitcoins will be worthless.
That will be the extreme result or end if no one will spend their bitcoin and just hold it. If there were no sellers there will be no market. Seller and buyers are necessary to create a market that is founded on supply and demand. Bitcoin though it is a currency it is still considered to be a commodity. But this kind of commodity will not have a value if nobody sells it. That's right. Bitcoin users are that factor that helped to bitcoin to fly so high and to get developed to the concrete world's market participant. if nobody will spend bitcoin the whole system will fall as the price for bitcoin. So, bitcoin is just have to be spended.
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My fearless forecasts this year is that bitcoin will surpass $2,000 this year and will continue to rise after as it is happening now. As the leader in cryptocurrency, bitcoin will always be the superstar. Ehtereum will always be tailing to bitcoin.
It's too optimistic for newbie to say that bitcoin will always be superstar. yes, today it is, but nobody knows what is going to happen in future. Bitcoin is not ideal and the main minus that it's limited. In future some other crypto currency can replace bitcoin.
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I was voting for the price 1200-1300$. I think nothing will change with the price during this short period. 1300$ is the maximum that I expect to see.
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By looking on today's priceI prefer to regret I didn't join to bitcoin earlyer and buy it like 200$ per coin. That's true. Such price as 1200$ per coin is too high to me to even think about buying of bitcoin. No. I decided to put some % of my monthly bitcoins on a side to look what it will bring to me. Of course I haven't even a feeling to repeat the success of those guys who invested in bitcoin in the most beginning and to become a milionare, But If bitcoin will continue to rise I will be able to make some money on it.
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Bitcoin mining is a monopoly and will soon look like the current financial industry with only a few banks globally controlling everything.
Bitcoin mining is not a monopoly. Yes, the biggest number of miners in China, but there is many other countries where people made bitcoin mining as their work or business.
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But if to talk about all financial system generally. Bitcoin has no competition today. It took all the best sides of online payment, fiat, gold and others and joined in itself. Bitcoin holds the first position among all crypto curencies today. But who can tell will it lead forever? Another crypto currency that can solve all minuses, yes, minuses are exist, of bitcoin can replace it one day.
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I think there is nothing to talk about any preventation here. Bitcoin can only support crime, because of through bitcoin may be provided many illigle transactions for who knows what kind of activity are going to be used.
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I think to reach the success with gambling site in the most beginning you will have to invest a lot to promote your site and to get the status of trustworthy gambling site. Add to that nothing will be posssible without players. So you have to count to be profitable it will have to pass pretty much time. I wish you much of luck with your idea, cause I think this kind of business can be really good nowadays.
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I have never tried to buy games with bitcoin, but I am waiting to blizzard start to accept bitcoins for their games. I am a big fan of their games, but I don't want to spend money from my salary for such not serious things. But I would spend bitcoins gladly
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
I would find it very hard to believe that by the year 2022 everyone will be using bitcoin. but i also would not be surprised to be wrong, given the remarkable pace at which bitcoin has already advanced. I would say that by 2030 all governments in the world will be holding bitcoin and lightening networks will still allow everyday transactions also. I think it would be very difficult for bitcoin to have users all over the world in the very near future, I doubt even though 10 years to come. bitcoin development takes a long time #IMO There may be Bitcoin users in many parts of the world right now but the actual number of people is probably low. Bitcoin is still not very well known and it's going to take a long time for it to really catch on in a big way. I don’t agree, as we can see the price of the bitcoin is getting higher and higher every month and that is what drives people to using I know that is why I started using bitcoin, and I am sure that in the future the higher the price get the more people start to use it, and more people means more investing in it and before you know bitcoin will take over the world. I am agree. "Everyone" is too ambitious word for bitcoin to achieve in 5 years. I believe that in 5 years the number of users will be much higher than to day, but it will not be "everyone" anyway.
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I was talking about this idea in many previous topics alike. Today bitcoin can become real support for teens who are looking for financial support or even financial independence. I live in Serbia and make like 100$ per month with bitcoin and it's really good support to me here. I am not so active in bitcoin, but to those kind of people who can put much more attention on bitcoin - I am sure they can earn really good money.
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I have tried to buy bitcoins once when I was needed to transfer big money to abroad. I wanted just to skip taxes and fees of ordinary banks, but i just couldn't - the operation just couldn't be provided. After this fail I didn't try to buy bitcoins, I just decided to put on side some % of my monthly earnings and that's it.
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I have never played with someone else's money. But I have a friend who oftenly asks me to send him couple mBTCs to he continue to play poker online. Many times I advised him to join a campaign or at least to chose a faucet, but seems he is just too lazy.
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The most popular investment for your bitcoin is to use them on trading. Grab the chance to buy a coins at a cheaper price and wait for them til they get rise.
To make trading bitcoins you have invest to it really big money. Bitcoin costs really a lot now and not everyone have 1200$ to by a bitcoin and wait some weeks to catch the rise like +100$. I think for someone, who can't allow himself to buy bitcoin for today's price, it's a bit late to start to trade with bitcoin.
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I hadn't try something like that. I live in a small town where people heard about bitcoin only from my words and don't get the idea of bitcoin completely. I think I would just look wired selling bitcoin to people/tourists directly.
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the future of bit coin economy is only predicted by users that how much users are adopt in bit coin which is only possible by demand of bitcoin .if its demand increases then so many people will have to accept it otherwise not.so we can say that the future of bit coin is directly proportional to users.
It also depends on the usage of the bitcoin by most people. The future of bit coin is no doubt dependent on the number of users using it. But, we should not forget the fact that investors play the major role of the economic development of bit coins. Investors feel free to invest here as freedom is provided More people willing to invest here the more economic advancement will be made in bit coin. Yes, investors play big role in bitcoin's life and in it's popularity. But I think in the case of governments block bitcoin can die and it will be no matter how many users bitcoin has. The block can just ruine everything.
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The phrase "bitcoin goes to the moon" means constantly grow of the price for this currency. Every year the price get doubled or rise for 80% as minimum. Everybody see even much higher perspectives for the price and that's why you can see on the forum such kind of posts.
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No. I will not beleive on just one article on the internet. And exactly I doubted it. Bitcoin will never replace dollar as long as bitcoin is not centralized. Let me tell something, how can bitcoin will replace dollar if dollar is the one of it comparator price.
Actually I have not seen any article in the internet that says bitcoin will replace, I would love to hear the reason behind of the author if you have one. For me, the logic is very simple, bitcoin is not a currency or legal currency to be exact while dollar is the leading legal currency in the world. If you see that comparison only, it's pretty obvious that what we are thinking will never happen, let us be contented instead of what bitcoin has already achieved. That's right. Bitcoin has to be centralized first to start to talk about any replacement. Yes, bitcoin costs a lot today and it's popularity is growing, but i think tho talk about dollar's replacement is just not serious.
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I would not be so optimistic like you are. Bitcoin's price is not stable and it just can't grow nonstop. It is bitcoin's nature to behave itself like that. Yes, we broke the price for gold, but I expect some new fall in the price for bitcoin soon and we will mve again under the price of 1200$. But I am sure - slowly with this ups and downs the price for bitcoin will move forward.
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