If the price value of bitcoin is 1000$ almost right now at the present , is this a kind of dead to you?
Well everbody knows what the answer, isn't? of course, bitcoin will exist forever as long as there users of it.
Way back then OP created this thread on March 2015 thinks that bitcoin is going to die. I don't know what happened that year because I'm not still on bitcoin by that time. And now he's thought about bitcoins dead is really wrong because we can see what is happening to bitcoin now. It keeps on increasing and for sure he regrets it already. I dont think at that time the price is really that bad. If I not mistaken at that time the price wad around $200-$300 and still it is worth to buy at that time though. For now the price is too high for me to keep buying. Just in a 2 years the price already hit it so high. Wondering about the next few years on what prize will bitcoin hit But I think it is still worth to buy bitcoin, because there is still so much potential in the price of bitcoin to increase. As we are not regretting that why we not purchase bitcoin when it was trading in 200 USD and 300 USD. So, people who will miss the present opportunity of buying bitcoin they will also regret when the rice of bitcoin will be trading above 3000 USD. I agreed, Bitcoin now was 1135$ which is good to buy now it little by little recovering the value of price going to 1300$, So with this things happen isn't obvious that bitcoin is not going to die now but maybe it will take more decades or thousands of years before it happen. Yeah we are now going higher again on btc price and it's not impossible to reach he highest 2k usd. More people were going to buy sooner because of the good response that's been happening in the market, and it became trending to people who uses social media. More of them usually spread the informations like twitter which everybody is really involved nowadays, and the words spreads easily to the entire world which everybody really can be a part of. Social media is one of the keys for getting too much popularity for bitcoin and also for easy pump for the price because of the trend that is being created by spreading the word of bitcoin through social medias like fabook,twitter and many more. I think the price now is just a sign that bitcoin is not dead and soon it will reach the price that most of us have been wishing for and that is $2,000. |
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In the future bitcoin will be like a gold in real life, it will be back up for other crypto and the other transaction will use other coin, for smart contract people will use eth for fast payment people will choose dash or Montero etc,.. and bitcoin still has its value as a gold in this digital world.
Just IMHO
Maybe you are right. If the price of bitcoin is very high, then people will more simply hold it than spend it on buying goods. And this bitcoin will become like gold I do not think that bitcoin will be like gold and will not be used in any place as if there will be the use of bitcoin then the demand will increase and the price will go higher so people will always like to use bitcoin for their transactions instead of fiat to keep the price of bitcoin stronger. You need to think twice that bitcoin got limited supply so being used by everyone is not a clear thing to happen because if that happens then it will not be good because what will happen to fiat? And do you think government will allow bitcoin to overcome fiat as a primary currency. Government will do anything to take control of things and bitcoin cannot beat the government, So it is impossible for bitcoin to be used by everyone. |
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I agree with you. In fact, only a small percentage of the world's population knows about the cryptocurrency. Therefore, the crypto currency will not soon catch up with the popularity of Fiat. And hardly ever replace the Fiat
It is not really able to make it, that is the fact with bitcoin. And bitcoin will always be treated as an investment by most of the people, though many of us are already using it as an online currency. But there would be one day that the fiat will be upgraded into something that has the same idea with bitcoin and other crypto's. Yes, bitcoins are now considered by many people as investments. This is due to the fact that the price of bitcoin is growing. In the long term, it can grow several times. Few people use bitcoins to buy everyday products Actually as of now in most of the countries, we can't buy any everyday products using bitcoins directly because they are not so popular in mainstream business yet. Bitcoins are more popular in the gambling industry. But for investment purpose, it is quite good because of its high price fluctuations we can make some profits regularly. Fiat has been fully involved in our daily lives and it will take a lot of time to completely eliminate it and start using bitcoins. Bitcoins has started replacing credits cards which were being used online. And paypal is also going to be replaced by bitcoin it seems like in the coming few future paypal will feel like they do not have any need by the community and will end up or they will also adopt bitcoin like they will also start their bitcoin wallet. I think that is possible but it nearly impossible because if paypal will replace by the bitcoin then if they will start their own bitcoin wallet then the name of their company will be changed their old users might be confused, and we need to remember that the fees in paypal are not increasing or having inflation like what is happening in bitcoin now. |
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Yes, but it would be propped up by altcoins that didn't have a stable price. People would buy into Bitcoin and hold it to avoid the inflation of fiat currencies, as well as to trade with altcoins that they believe will rise and use that to increase their Bitcoin stock as if it were USDT.
Right now we see how volatile the price of bitcoin and altcoins even they have a big volume already, I guess it's hard to see a stable price since it is not controlled by one person only. The supply and demand rule will always play and knowing the market of crypto we see how the demand of people changes from time to time. They shift from bitcoin to alts and vice versa, especially the traders with big holdings. Yes it seems that bitcoin cannot get a stable price because of the price volatility and the unstable investors because most of the bitcoin users or investors migrate to altcoin when the price is low and vice versa. So i don't think it will be easy for bitcoin to get that dream which is stable price but if bitcoin will get that i think it'll still be popular. |
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There are many ways to find the difference between this two. Trading was a form of a place of your assets where you choose to buy a coins for to trade it. while investing is a concepts the you are using it to use it as a way of payment to your assets,.
I guess only the time frame would be big differences between trading and investing. Investors are just long term traders in my view. No you are wrong the difference is not just the time frame of the service but these two are different from each other. In trade a person have full control on his money and he work like his own business while in investment you actually spend your money on someone else business and he in return pay you the profit. Trading can be investing also because as you said, investment is where you spend your money on someone else business and that is what you are doing in trading, you are spending your money into someone else business or what we call a coin or altcoin and then you will just keep it for the mean time and you will sell it for a higher price to gain profit. In the end it is all about the same thing that is called getting profit. |
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I think any market can be manipulated as long as you have the resources for it. The good thing about Bitcoin is that for years, when inflation was very high, the price was really low, and this allowed the currency to reach a larger distribution, making it difficult for the currency to be in the hands of a few, and thus making manipulation very difficult.
but i think with the passage of time it becoming more and moe difficult to manipulate the price of bitcoin. because bitcoin is becoming more famous and more and more people are accepting bitcoin as currency. I don't think that bitcoin becoming more well known or just having more people accepting it as a currency would have anything to do with making it harder to manipulate the bitcoin price. There are still plenty of whales out there that can manipulate the price in the way that suits them. Yes, now there are still people who keep a large number of bitcoins. They also influence the price of bitcoin. But I really want bitcoin to become free of this influence Bitcoin will never become free from the people that use it because that is one of the main reasons we are all using it, there is no overall authority telling us what we can and can't do with our bitcoins. It would be good if the rich couldn't manipulate the price but that just the way it is with a free market. Can the price of bitcoin be so high due to large whales? We can not know this. Maybe we should thank the holders for saving bitcoin from sharp jumps down To answer your question, Yes the price can be so high because of the big whales. Big whales means very rich people who are in the market and they more often planning to play the market and most of the times they are the winners because they have got the power which is we all known as money. If big whales will continue to do panic buying and then the price of bitcoin will goes very high. |
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For free i can say it is impossible but it still depends on your skill if someone is willing you to pay that kind of amount weekly.
When investing, earning 0.1 weekly will also require a huge capital.
I can sure if you aren't be able to make 0.1 weekly only from investing. OP/you/we can get 0.1 btc weekly either from gambling, from your job (your salary should be equal with 0.1 btc in a week), or from trading. I think OP has not mentioned about earning it from day job and he is looking only to earn online with different methods as a person who has a full time job will be definitely earning more then 0.1 btc weekly but its really very challenging to earn that amount in bitcoins on weekly basis. Getting 0.1 btc weekly is a tough job and you must not stick to one source only. I am doing signature campaign daily and I am working in one of the online websites daily and also do some trading from time to time and finally I am earning 0.1 btc or more weekly. It really needs more effort and time to really touch that goal. But if you never stop you will in the end find some means to really reach your goal. Yeah to earn that amount you should be prepared with multiple sources of earning it and cannot expect that huge amount from only one way of earning and definitely it will require hard work and great level of dedication to earn that amount regularly. Multiple source of income meaning your earnings will become easier to come because there is a lot of provider of income for you. Do freelance,trading,investment and other stuff. There is still a lot of ways to earn money and it is just up to u on how we can find it out, To be honest, i earn more than 0.1 btc per week by doing signature campaign, altcoin trading and a bit of investment from different site and it seems easy to me because i got a lot of source of income. |
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I would like to accumulate wealth by means of bitcoin, but realistically, I would just be happy to acquire a few and make it as another income generating investment. If I had only been able to buy when the price was still at $200, then I probably am a very happy man right now. right now, the only way I am getting some bitcoin is through my signature campaign earnings and it is going to take a while before I am able to have a substantial amount enough to be my retirement fund.
I'm also accumulating more bitcoins from my signature campaign because i realize that this is the stable source of income for me aside from trading altcoins. The bitcoins that i bought at $800 price are still in cold storage because i want to sell them after at least 5 years and the capital that i'm using with altcoin trading are all came from my signature earnings. |
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How much you can earn with 25$ depend on which one you investment, example if you depend on betting, it will be 100$ in 1 day or 700$ in 7 days or 0$. But if you invest on hyip websites, its the same and the max profit i saw is 120% for 1 day , the more profit you earn the more risk you get. So do it safe !
I don't recommend gambling a good investment because of high risk although you can earn a good profit on it. I rather do trading although the risk is there but not that high compared to gambling Gambling will take away your money from you and I consider it as the fastest way of loosing money and comparatively trading is less risky then gambling so if I have to invest my money then I will go for investing in altcoins instead of taking high risk in gambling. In gambling you can earn money fast that is why there is a lot of bitcoin users or even other people that are into gambling because they can earn money fast with that but aside from you can earn money fast, it is faster to loss money there because you can't predict their system and it is just a random system that will based your winnings in luck. So if you want serious investment, invest it in legit sites or do altcoin trading. |
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how to make more money ? with the use of bitcoin ? well in my case i usually playing gambling with bitcoin and my winnings that got from it i usually invest it on gambling, in my friends business and buying bitcoin is also investing on it because bitcoin price is always changing and in more cases it has tend to be raise more than the price today.
So to make more money you always depend on gambling? And if yes then its very risky business I tell you as there is no success mantra in gambling and there will be a time where you may loose continuously which will make your bankroll disappear and at that time you will regret on your decision. I agree with you. Gambling is not designed to make people rich. They were created in order to take the last penny from them. Therefore, this is not the best way to receive money Gambling is good when it is played only for fun and even if you loose it should not affect your financial wealth and never depend on gambling for living or to earn money and if you are doing so then it will create a huge problem for you in future when you will not have money even for even your basic stuffs. Yes, gambling is not designed to earn. They should bring pleasure. Never considered gambling as a source of income Gambling is just for fun and entertainment and they are just designed for those people who are rich that they didn't mind to spend and waste their money using gambling. When i was a new bitcoin user, i also tried gambling and i earn decent amount there but in the last i loss all of my earnings and regret that i didn't stop at gambling in the times that i'm still winning. |
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In today's children are very easy to teach especially when it comes to online they can easily learn. You just teach them about bitcoin and how to earn it is easy just to tell them that bitcoin is cryptocurrency that you can convert it into cash and you just guide them right until they learn.
I agree with you. Today there is already a lot of teaching material about the crypto currency. You can just choose a video for Youtube, which tells about bitcoin. Children will look at the video and everyone will understand When i go to youtube and watch some tutorial or introduction videos about bitcoin, i think it is not that easy to understand for an average person and also those children are not purely into bitcoin because in their mind they like more toys and that kind of stuff rather than using or studying about bitcoin because it will may seems boring to them. |
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I think the worst Bitcoin decision I've ever made is that when I don't believe in it 3 and a half years ago.
Of course we all have regrets, but it feels like I've have been slapped in the face when I've realized that it is growing and that time I don't believe in its potential. Worst is that Bitcoin price is much lower that time and I can afford to buy more in a cheap price. The information and a friend's advice is there and I should've listened. Imagine what I have been accomplished and learned when I started that time. Time is the measure of all things here including knowledge. I decided to slighted it that time and now I'm trying to fill in the gap and shortage of knowledge and experienced that I should've been achieved when I decided to start 3 and a half years ago.
I also did the same decision as you but not that very long time. It was just a 1 year when the price of bitcoin is ranging from $500-600 and i ignore it because i think it is just a hype and it will not last for long so i ignore it and now the price is $1,000+ and i kinda regret that thing because if i invested a year ago, i already double my money  . |
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It is better save money on the bank,while the others is i'll put it on invest in bitcoin,you can sure that your money is the value is high.And when you are having a an invest and saving you have more money someday you can buy anything if you want.If you more invest you can invest you'll can get more of the investment you want.
It is realy good to save money, whether you do it on a bank or do it ourselves. I dont really get what you are saying, but I think you are saying good things about saving and investing. The more we invest the more the profit, the more you save, the more you can get from the future and the more your savings amd investment, the more money you can get in the future, I think that is what you are saying. But in these two I prefer to save than to invest, saving is a way of investment too, though in saving you take care of the money while in investing, you gave it to someone else. The journey will always begin with saving as you cannot invest directly without building a initial capital so our primary concern should be to save money and after saving enough funds you can start looking for best possible investments and that will help in growing your funds in long run. Yes, investing starts with savings. Just need to make the right investment. Then you can invest the profits. I started my investment business with savings That is where it is all starts, from savings. With savings you can do all things without worrying about your money because you will just spend your money savings, it's also very easy for people to start business and also investment if they have savings in the first place but choosing between those two is a tough one so i think it is better if we do both of them to secure ourselves financially. |
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Do you think if BTC had a stable price which could only be altered by $0.01-0.10 it would still be as popular and as used?
Since bitcoin is a digital currency I think if they have a fixed price it is still popular. It is not for earning or making a profit, bitcoin can use in other transactions like online shopping, investing and online gambling. Then others that they have no work they will grab the opportunity to earn bitcoin. But it is about the prices, prices that will enough for the value of bitcoin. Because bitcoin one uses is being an easy payment.
I also believed that if the price of bitcoin will be stable then it will be still popular and it can attract more investor because stable price means safe investment for other people and if bitcoin get that stability it will become a popular currency and it will be like the fiat that we are using and there is a possibility that stores will accept bitcoin because of price stability. |
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Yes we can manipulate bitcoin in bitfinex more on trader in bitcoin are there. Big holders manipulating the price because they have alot of money and bitcoin also so bitcoin price is manipulated by someone else. If they want to drop the price they can.
not as easy as they manipulate the price of bitcoin. especially when it is more and more coming bitcoin users would be more difficult to regulate supply and demand. for manipulating not only about large money Manipulating bitcoin can be manipulated by those rich people but for me it is a bad idea to play with bitcoin as the volume of users are continue rising up and it will be harder for them to control or manipulate the bitcoin price but the question is why they are doing it? I know that they are doing that for profit but why they just do it on altcoin and not on bitcoin  |
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For me, you can earn as much money as you can without a limit if you just know how to manage that small capital and where to put that money and how you can manage the risk of losing money. If you are a newbie and just testing the game with your small capital then you can put it on trading where you can learn how the things work and you will be able to discover the potential of trading where you can turn your another investment into a thousand dollars.
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Bitcoin price is slowly rising but this is good for us who waits for the price to be back into normal pricing again if the bitcoin price will be back into it just expect that it will continuously grow than other expectate to increase bitcoin price into 1500 us dollar per bitcoin. I predict bitcoin this is the last chance that it drops into 900 dollar below and will never decrease it into this kind of pricing.
Agree bitcoin price is continously rising in this week . Even if last week bitcoin price will dump again at $900 it will back again at $1000. Yes if bitcoin price will back to its normal pricing the price of $1500 is possible to happen. And I hope it will happen in this month of april. I dont want the price of bitcoin decrease many people and ofcoarse me I hope bitcoin price continously increasing. Bitcoin price will surely get back on the high price because that is normal for bitcoin to get dump on its price because of the threats like BTU and bad rumors and news about bitcoin but after the rumors are done and bitcoin will get back on its track and show that no one can stop bitcoin from reaching its high peak. We just need some more investors so we can get more demand that will result for getting high price. |
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I'm not a fortune teller or some sort of teller but i'm just a bitcoin believer and i believe that there is a high potential for bitcoin and i can say that this year will be like more on ups for bitcoin because based in the first entry of the year, we already see that the price is keep on climbing up and there is no surprise for me to see that bitcoin will get a doubled price before this year ends. Aim high for bitcoin and be a bitcoin believer because you will see what i'm saying before this year will end.
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Regarding bitcoins,our kids dont have any psychological barrier to digital money bitcoins.But our old aged people still think that the money they hold in their hands is real and they get confused about digital transactions.We could show them some animated videos about bitcoins so that they would easily understand.
Consider the age or the maturity of the kids you are teaching, it will not be easy if kids are not matured yet as they have different focus. Everything has a due time and wait for that time, for me I would only tech my kids once they are 18+ so it will be easy for them to comprehend. That is true. It will hard for the children to understand bitcoin if they are below 18 years old because bitcoin requires time and effort for a certain person to fully understand how it works because bitcoin is not an easy game because it do have a lot of complicated things to study and understand and only mature people will able to understand bitcoin because it will be very easy for them to understand since they have a lot of experience with technologies. |
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Paper money will survive simply because it is one of the easiest ways to reach the whole population especially those that do no have access to banking services but as time has come to pass most of the money of the world now is in electronic form.
I agree, people are used to reaching in into their pockets and grabbing couple of bucks to pay for thing, and that seems a lot of an easier idea for them than reaching for their phone and putting passwords and paying with bitcoin, I think that bitcoin is not meant to be for everyone to use it is purely for people who are shopping on the internet. Yes bitcoin is not to consider as a full replacement for our paper money because, in fact, bitcoin is just an addition for people like us to get an easier option for paying our bills online or doing other payment thru the internet and not a hassle way like going into the physical places. We don't need replacement for the fiat because fiat is created for its unique purposes as well as bitcoin. |
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