Can we for once first get to touch $700 -> $800 -> $900 -> $1000 before talking about reaching a new all time high?
It's mind boggling how easy people assume we will reach a new all time high just because the price has gone up to over $600....
we are expecting it for last few months and not for today when the price is above 600$. if we study of the bitcoin increasing trend it shows that every time it increasing percentage is too high, and as more and more people are investing their money in bitcoin and the demand of bitcoin is increasing from time to time so we can expected that the price of bitcoin will cross 1200$ very soon, Hope so that it would definitely reach that price but still we should not forget that we wont know on what would be the future since bitcoins price movement is to volatile and there are lots of factors that could affect it which causes to low its price like hacking incidents, selling more bitcoins, etc.
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Best way to manage money is to spend as little as possible so you keep as much as possible then you put most of your savings in a safe investment. it will have low interest but atleast your money is safe and you make as much as possible in a safe way. Also make budget and see what you have to spend and then keep that money safe so you always have enough to get trough the month.
Managing your expense effectively would help you to have more savings and with more saving you can invest when you see some good opportunity knocking on your door, it is the way to manage properly our money because our income is just limited so we also need to limit our spending. Managing funds would be the best way in able for you to save some of your salary so that you could use it in future purposes. Unwise spendings is a really factor that could effect your budget and might you get overdroped in the end of the month so that you wont able to save which is a bad thing.
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But with this kind of invention on the hacking system, surely there will also be invented a new and better encryption system that will make Bitcoin more unhackable.
True, if theres a new invented on hacking system but we should expect that theres also a new encryption for sure in the future same as you said. In bitcoin for sure it would be developed more i guess which puts more encryption even those new inventions cant decrypt it.
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Gambling for long period is a bad idea, but we do it anyways. we hope that we'll win something big that's why we keep on gambling, the fact is we never win.
Gambling for long period for normal gamblers is not really a good thing because the only beneficiary of it are the gambling site owners. And it is really hard to believe that a gambler is going to win often times. But what is happening is that gamblers are just losing daily rather than winning no matter how long they have been gambling. But it is also true that theres someone who make gambling for a living as they made it as a profession eapecially those who played with sports bettig they can survive long winning streak and earned enough. i do heared also that someone is making a living in sports betting which is somehow amazing since gambling is a risky thing and doesnt even guarantee you to make profits almost everyday which is very impossible to happen but there are really people who make living with it. Some may be experienced enough and some gained some good tips about in sport betting.
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May be well above $2000 per bitcoin by 2020 but it can't be guaranted as event like exchangers, wallets being hacked can dump price significantly overnight.
Yup I would go with your view and I don't know why op thinks that bitcoin is being in that price value in 2020. As much I know price will increase in future and world is gonna adopt the bitcoin soon So most of the people waiting for that time to sell their holded bitcoins. I also think so, bitcoin have a future and a hope of a bright future. I do not see any darkness that could make bitcoin become worthless We cant guarantee on what would be the future of bitcoin look like but as we all witness that bitcoin is building its pace already and have been used by many and many already are investing into it which is somehow put an strong assurance for me that it would be successful more in the coming future.
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I want to get into trading with alt coins, and i want to know where to begin. Just looking to make some extra btc. Please help, thanks! i suggest you to start reading something about trading... at least the basics like order type and understanding terms like commission, lippage and drow down. the try to simulate your strategy with paper trading... to check how is strong. forget to do easy money with trading... reading important informations about trading would be badly needed if you are deciding to do trading since its not an easy thing to do if you dont have enough knowledge about it because if you rush up into it you wont know what you would do and surely your money would only go to waste.
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Should we really convince someone to earn money without any investment. Just explaining its benefits are more enough for a new user to start their carrier with bitcointalk forum. Thats how i came into this forum.
Yes we dont need to tell them about earning with bitcoin initially,we just need to explain about the benefits of using bitcoin,how its different from from fiat currency,its anonymous and decentralised and make them join this forum.I think they will automatically attracted towards bitcoin pretty soon. It depends on the interest of person and how you explained about bitcoin to them. If this thing would caught up to their interest then its possible that they would jump or learn already about bitcoin. People have different interest on anything some may like and some may not but still its not bad to share about bitcoins usefullness to others. Im partly agree with you but there are people that usually get hooked or gets its interested because a thing is being explained to them well which they can easily understand and might caught their interest. You are correct people have different likes on certain things thats why sometimes its really hard to convince people.
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YOu just need to buy an altcoins with a very low price then sell it on a right tiome or high price .. If the price goes down buy an altcoin again to have a profit the wait .
to me by taking right decision in a right time is a tood of successful trading, you must study about the project or field where you are going to invest your money, you must also be very patient and broad minded and having decision power hope the suggestion will help you in successful trading. Having knowledge to a coin and a proper research and good decision making which makes you profitable is considered as a good and succesful trade but still you would eventually do experience losses and thats normal because we really cant perfect our trades anytime since price is moving in any direction without knowing.
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Trading is not unpredictable you need to have allot of luck because the price you will never know what it will do and that is not the only reason why trading is not predctable.
To a certain extend you need a bit of luck when it comes to trading, that's right, but the main things are knowledge, experience, no greed and patience. From there you can make more than decent profits. If you really needed plenty of luck, then it was more gambling than investing, and people would end up losing more than making profits. In all, 3 must there which is luck, knowledge and experience in able to be profitable in trading. Its true that trading is a unpredictable job since we wont know what would be the price in a matter of second,minutes,hours and so forth. Luck does also need in trading but still its better to have these 3 things.
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i think you could invest this bitcoin into alt coin mining as this will give you profit
It is quite risky to invest in the altcoin mining. The mining difficulty is rising fast and the price of altcoin is not rising. the price of altcoin do depend on its usage and demand , when a coin do not have any usage in the market then the price of it do not increase while if there some need occurred in the market for its usage then the price of it increases. That is right. The Monero has found some usage in the dark market, so the price has risen quite a lot recently. Just a matter of law of supply and demand. If an altcoin does have more demand than supply then for sure it would increase its price but if supply is more than demand then its price would be stable or even goes lower if all holders of alts would sell all their coins. Its just like that.
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Generally speaking, anything offering "easy" cash would probably be a fake or not as easy as it sounds, since everyone would be doing it if it was, Even bitcoin investment have risks on the invested money, You might be able to double it or might lose the invested capital money.
Lol yeah you should have to know that that investment would always be at risk and is said by many people to invest is easy because they want to seek referral or promote their products? I think if you want to invest do checking before investing dude Even if you check before investing you will never come to know whether it is an legit site or not and how long it will survive, they will surely show you some unrealistic results which will attract people to invest their money into it. Thats the common thing on those investment which claim to good to be true statistics which really make others believe or fall easily because they would do all ways to recruit or making more investors to their site which could really make good profits out of it. True, even how matter you check each site you wouldnt know it anyway.
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If i find a good job, really worth and have a good futuren on that job for full time on bitcoin, maybe i will think about that, but i need discuss it first with my family about the situation.
i think no stable income in bitcoin, and no 'realjob' at bitcoin except you join a startup linked with bitcoin technology, if you are progamer, im sure you will find good job in bitcoin company. Yes if you are holding technical skills then you can expect higher income from bitcoins but you need to make sure that its a permanent job and not short term projects. That is the problem because we all want some stable income. Apparently, working online cannot deliver that to us because the employer-employee relationship is not really that strong that we can go after our employer, but if you really are going full time then you should learn how to manage your earnings, it is a big challenge buy we can do it. I think if you want to get full time in bitcoin then you cannot afford to depend on others, as you never know whether they will pay you at the end of the day or not and that makes it really risky. Assurance that they will pay on that day. In job it is really sure that theyy would pay you unless you are absent whole month then they will not pay you but in bitcoin we cant say that they will pay you. It is very risky we dont know what the people think or what would they do so just to keep safe do bitcoin as a side line and do a fulltime job. Bitcoin is good but its risky too, as if you are working full time in it as a freelancer then you are not into any face to face agreement with the person you are dealing with, so chances of scams gets higher. True, if you have a job that pays you with bitcoin its quite a little bit risky thats why we need an escrow or middle man with your funds and if you are on a freelancing site please do check the employers profile if he is reputable and capable enough to pay you with your job.
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I am also surprised when i read this speculation, because in this year, no chance, but within next 2 years, may be something good with bitcoin price, but i always say that we should keep in mind that bitcoin will never go to increase may be it will down continuously, just like exchange hacked, some bad incident would be happened again in future and again damage the bitcoin price.
We should really not expect that it would rise directly without any price dips since we dont know the price on upcoming days and months and it does affect on those circumstances and things that might affect bitcoins price thats why we experience rise and lows on price. Speculations are just hopes of all bitcoin users , i admit that all holders are aiming on the same thing which is bitcoins high price.
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No one becomes rich from gambling. You can observe better people around you if someone had ever won that just lost money again back by keep playing. Gambling let you win but bring you back in game to try to make much more and you loose all. You can win but can't keep that money for longer time. That's why can't become rich from gambling.
There are some individuals that are becoming rich from gambling and that would be the house edge itself and those people who are hitting the jackpot luckily. But if you are going to gamble as a normal gambler and you are aiming to become rich with it then stop that dream as it is really impossible to become rich with gambling if you are just a normal gambler. Yup, only the dedicated gamblers can make a profit in gambling. Normal players just play for fun don't expect any money in gambling. It is not that much easy. First You have to lose so much money to become a professinal gambler. Then there is a chance to make a profit in gambling otherwise better stay away from this gambling. The ones that are really serious with gambling and devote their time to learn the techniques to win, they are treating gambling as their job that is why they are successful and I believe some can do that while most of the people have tried but failed. I think not, people who are successful and win big bet not because they are seriously in gambling. But because they have big capital, big gamblers have a large capital so that if they win they will earn huge profits. I'm sure the person who wins and big bet would surely suffered a major defeat. No one can be sure that people will get rich in gambling. Because that can become rich is the owner of a gambling site. Realtalk here, its so hard to be rich on gambling since its a matter of luck game and doesnt guarantee you to win big even if you have big bank roll its doesnt matter as long you made risk on playing gambling theres a possibility on lossing all your money in an instant and i agree only gambling site owners are just get being rich of their business.
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Price of the bitcoin will always drop some but there are also risings and that is the reason why the bitcoin is goign around the value of 600 dollar he never drops allot but when he does eveyone makes losses .
Price volatility of bitcoin is one of its characteristics thats why we experience rise and low because of any circumstances that are happening on bitcoins ecosystem. Its dropping because there are users are selling their bitcoin for the current price thats why it lowers down its price. Just a simple law of supply and demand.
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I do not think, that it is possible. Some larger BTC volumes you can buy from BTC mining pools or BTC mining farms, but even then BTC amount is limited to BTC mining capacity and the sales price too. I never heard that someone buy/sale million in BTC somewhere. Thats what im thinking too that he could possibly bought huge volume of bitcoin to those mining pools and farms because exchangers would definitely supply huge amount i guess and also they have a limit. Even those miners and pools would not able to produce such bulk volumes.
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If bitcoin alive than might be possible, but it is a long time period, definitely in that time money value also has been increased, so if bitcoin would be reached at 1 million, so in that time 1 million would be consider normal amount. But bitcoin always give us profit it depend on us how we utilize it.
I think like you, 20 years its a long time Agree, 20 years is long enough and we could say that there are many things would be happen on those upcoming years to come but in the speculation of achieving the price of $1m seems to unrealistic and impossible to happen in my own view since bitcoin price as of now 2016 is just $600. Well we dont know what would be the future.
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Right now, I'm planning to invest more or less $100 in HashNest since I've used their services before, but on a very very small scale.
$100 would get me about 1TH. Would it still be worth it? Based on some calculations, the ROI would be just under 90 days. Their prices are pretty stable.
It is not worth it to invest in any cloudmining site because sooner or later it will just turn to scam without getting the 100% ROI. Of course they will pay you small Bitcoin in your early time in that investment but eventually they will run. I can say this because in the past i tried to invest also in many cloudmining and in the end they just run. You are right cloudmining sites are just scams and right they are just paying a small portion of your investment in the start but in the end they would ran away without being returned even your just capital which is a really disaster. Same as yours ive been investing on those sites before but now ive stoped and not trust them anymore.
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if you have 12 bitcoin you much alternative choose investment you can trading bitcoin pair fiat money, trading altcoin self mining real mining altcoin and bitcoin, buy ico coin and more
Mining isn't an option anymore for the majority of the people as it requires you to have some sort of a farm in order to gain profit. Or you have to find an altcoin with very low difficulty that you can mine for quite a while, and that later the price gets pumped to insane levels. Mining is not a great option at a moment, I would prefer to invest all 12 btc in different altcoins so even if one coin doesn't work for me I can expect some profits from others. Diversifying your money would be the best way to earn profit without focusing on a single investment only. But still its better to find those most potential coins so that you would be profitable on long term. 12 btc is fairly enough with this kind of investment. Actual mining would also do but it depends on the electricity cost on your country and mining as of day would hardly reach roi since the difficulty is increased as we all know.
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10 btc makes 6k dollars right now, but if we wait, It can make 20k dollars. So why be greedy and use it now, just store it. If we have to use it right now, buy gold, sell gold, buy bitcoin again. This is the smartest thing to do.
This method is good only when you have lots of money which you dont need to depend on that 10btc that you owned then you could possibly hold those bitcoins for a very long time and dont bother to spent even a single cent with it. Investing on gold would be also a good idea but it need huge capital.
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