is ripple and LTC are good time to invest now  to hold for 1year

While sources differ on the number of millionaires in the world, Credit Suisse estimates the number at about 35 million. This figure accounts for all “financial and nonfinancial wealth,” including assets, collectibles, and homes.

This is a remarkable number when compared to the total number of Bitcoins that will ever exist. While there are roughly 35 million millionaires in the world, there will only ever be a maximum of 21 million Bitcoins. That’s right--there will never be enough Bitcoins in existence for every millionaire in the world to own even a single one.

Why is Bitcoin valuable?
While you let that thought sink in, let’s consider what gives Bitcoin its value. Granted that there are numerous features we could cite, including a global network, an immutable Blockchain and a means to transfer wealth from one person to another without ever involving a middleman.
These are all fine features, to be sure. But what really makes Bitcoin valuable are two properties: scarcity and authenticity.

Digital scarcity
Bitcoin has value for the same reason gold has value: people want it and there isn’t enough to go around. New gold can’t merely be created; one has to find a gold mine and go through the difficult, capital-intensive and expensive process of mining and refining the gold. Because neither governments nor factories can create more of it, gold is scarce. This scarcity imparts value.

Many unusual items have been used as currencies or stores of value in earlier societies. One of the more famous is wampum, a necklace made from a certain kind of seashell that was rare in the Americas. A currency doesn’t necessarily have to be inherently useful in order to function, but it absolutely must be scarce.

This requirement for scarcity is the reason counterfeiting has such severe penalties. In fact, in earlier times, counterfeiting was punishable by death. Counterfeiters undermined confidence in a currency by making it less scarce. Doing so, at scale, could wreck an entire economy.

Authenticity
Gold has another feature that’s extremely important for any store of value or currency: authenticity. For millennia, gold has been used as both a currency and as a store of value. It has been prized throughout its history because of its scarcity. Gold has been used in money, in jewelry, in crowns and in palaces. Gold is universally associated with wealth.
Since Bitcoin lacks the thousands of years of history, culture and tradition that impart so much value and mystique to gold, it's easy to write the currency off as inauthentic.

But in a world that's rapidly moving from analog to digital, even a "new" technology like Bitcoin can be authentic. When it comes to digital money, Bitcoin certainly fits the bill. Of the thousands of different tokens that label themselves “digital currency,” Bitcoin is the very first. That grants it an important claim to the property of authenticity.

There are many great altcoins, but none of them were first. None of them can reasonably claim to be the best. None have a higher market capitalization. Bitcoin is the first, has the largest network effect, is the most universally recognized and is authentic.

Asset or currency?
As Bitcoin inches toward mainstream adoption, economists and finance experts debate whether it’s an asset or a currency. In terms of valuing Bitcoin, that argument couldn’t be more irrelevant. It doesn’t matter how people use Bitcoin; what matters is why people choose to own it.

Bitcoin’s future
The future of Bitcoin is almost certainly a bright one. Various analysts and traders have tried to guess the value of Bitcoin in the future, with some saying it might even reach $15,000 in the near term.

But forget about the near term. If Bitcoin is digital gold, then its long term value is what really matters. Bitcoin is rare. Bitcoin is scarce. The vast majority of people don’t own even a fraction of one.

What’s Bitcoin’s long-term potential? Bitcoin could easily become so valuable that even millionaires can’t afford an entire coin.

Hi Guys! Do you think the Bitcoin value will be worth more than 5000 Dollars at the end of 2017? Let me know your opinion :-)

I have read in the news that that like bitcoin as virtual currencies are assets and does not have the characteristics or what it takes to be a currency that could meet our modern economic needs. It was said that it does not have the fundamental attributes. What are your thoughts about it?

"Buy Bitcoin" sign appearred again today.

Buy Bitcoin’ Sign Appears During DOTA International Tournament
https://cointelegraph.com/news/buy-bitcoin-sign-appears-during-dota-international-tournament

"Bitcoin made an unplanned appearance at the most recent DOTA (Defense of the Ancients) International Tournament, as an audience member held up a ‘Buy Bitcoin’ sign during announcements of the televised event.

Bitcoin has been frequently popping up in unlikely locations.  The current stunt, intended to increase awareness of Bitcoin, is not the first of its kind, after an audience member at Janet Yellen’s congressional briefing did the same.

Both events indicate a growing awareness of Bitcoin and cryptocurrencies generally. The awareness may be part of the reason for the substantial price increases over recent months, with Bitcoin cresting $3700 today.
"

I expect more signs will pop up in sport events and many other places.  It is a way to promote Bitcoin as well as other cryptocurrencies.

Hello everyone,

I feel very late to the party with BTC. I have know of it for a couple of years but ignored it. Now I'm super sold and ready to buy my first coin. $4k is huge but not impossible for me. At what price do you feel its too late to own 1 full BTC for the average person?

I'm not interested in owning micro or milli coins.

How much time do we have left until its becomes proper main strain?

Can someone tell me where we are on this chart please?

Hi, I am a noob to all this bitcoin stuffs. It sounds like an interesting idea but before I invest too much into it I have
some questions and concerns. Perhaps highest on my list of concerns is the possibility that someone will buy up all,
or most, of all the bitcoins that exist.

Will it be just like the existing economic system where the rich get richer on the backs of the poor?
Will that not destroy the whole bitcoin project and make whatever bitcoins I happen to get myself worthless?

I have read a few things on this kinda stuff and some of it sounds pretty scary. I don't know how much of it
is FUD or how feasible any of it is at all at all.  

Please help me understand and ease my mind in regard to this issue.


Thank you

I know you will tell me is Satoshi Nakomoto, in fact it`s not true. The only true is the username.

All technology what ordinary people use today was designed for military purposes.

EG : CPU, Digital Camera, GPS, Internet....

Maybe Blockchain was designed for this purposes olso ?

What do you think about that ?