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No it does not matter how old you are you can invest in it no matter your age because my friend is 17 and he is already investing in it and don't you think that that is too young i would just invest if you are able to invest.
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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 believe that most people of the world will use it because of its better to transact than fiat. Like we can directly use worldwide trading. But I am not sure if what the market will be in the future. We never know about that but i'm pretty sure more people will use bitcoin and bitcoin become more popular in 2022. If we talk about everyone use bitcoin in 2022, it's possible but i'm not sure about that. There are still many people in this world that don't know about bitcoins. Just see the price of Bitcoin at now, you can know we have not much Bitcoin user. The world have 7 trillion population, but total supply coin of Bitcoin is just 21 million coins, but this is the max supply and we still need a long time to mining all that amount. I agree with you but there are still options that most of the people in the world will use bitcoin because the max supply is 21 million coins but not everyone has 1 coin and the people who are using bitcoin now are very few. That doesn’t matter. Number don’t have any concern in terms of the future. See, bitcoin is being developed since last 9 years and only 21 million bitcoin are there in market. But when you talk about future, users will be more in number then ultimately the developing companies have to manage more bitcoins as per population. So, things will be fine and the future is all about it. I do not think that there would be more bitcoins because we are already having a lot of struggles to mine the amount of bitcoins which actually are left and with more people it will become faster but not easier. I agree with you i personally do not think that everyone will use bitcoin in 2022 why? because there is just 4%of the world population using it right now i do not think that in 4 years it can become 100% that easily. |
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Bitcoin is not changing the world it is changing the humans to think that they can earn money so easily they do not even have to do anything but just sit behind your desk and have knowledge how to get bitcoin.
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I don't actually think it can reach that level at any time because no one would be able to buy it if millionaires are not interested in it no one would want to buy it because no one has 1 million for 1 coin.
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Well i don't think $5000 is a big deal for bitcoin anyways it can even go higher than that i think it will be able to reach $10000 easily this year and in 2018 even higher than that.
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I agree with you the freedom to do what you want with your money the freedom to actually have your money with you and not in a bank and be your own money's own boss.
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I can agree with you on that my friend became very rich because of bitcoin and that is why i am joining bitcoin too he already bought a car a house and even a small shop with just 2 years of bitcoin.
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I don't think bitcoin can die also this is impossible when bitcoin just got to $5000 and i don't think it is going to die achieving this.
But maybe in the future some other alt coin can surpass bitcoin who would know?
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Bitcoin growth again, for two days it's turn back his position 3960$ and continue to grow!
Should I go to bank and buy bitcoins?
Of course. Buy as much as you can and keep it for as long as you want. Bitcoin price is never going to decrease and stay down. If they price decreases, it will come back even higher that it first was. At the end of this year bitcoin price is going to reach at least 5000$ and next year I say that it would at least double. So buy very month, any amount because you are going to make profit in future But bitcoin just recently took a huge dip from $5000 to sub $3000. Bitcoin fluctuates so it is normal for it to go down. What best is, we can just hodl and wait for it to increase, and now that Bitcoin is moving upward, it is up to you if your budget dictates that buying Bitcoin is still worth it or wait for another fall. But as I see it, FUD will definitely roam again once the date for another upgrade is near. Though it is really a risk, I would say wait for that time and buy Bitcoin. I agree with you the upgrade is near so it will go really high again maybe even 2 times the price as it is now and then it would be very hard to buy bitcoin it self so i would suggest to buy a lot at this price. |
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I think there is a good possibillity that that can happen that is why i would reccomend to use a wallet like blockchain it is so secure that the hacker also needs to hack your phone to actually reach your wallet.
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I think in a long term of time investing is the best and when you need it the most you can trade that and invest the coins you traded it for other things other coins there are more than a thousand opportunities.
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I do not consider gold to be money. You can't go and buy most goods and services with gold. Gold is a commodity, dollars are money.
Dollars are currency, not money. Money can be a currency and vice versa, but they are not quite the same thing and not entirely interchangable. And fiat currencies are, by thier very definition, not money. Gold, in our modern world, is still money even though it's no longer a currency. Money is something (such as coins or bills) used as a way to pay for goods and services and to pay people for their work. Also something generally accepted as a medium of exchange, a measure of value, or a means of payment. Currency is the quality or state of being used or accepted by many people or group of people. Where did you get definitions? Or you just made it up? If bitcoin checked out then period Yes, how can i argue to this statement or definition. And i think this is from merriam. Haha, asking if bitcoin is considered as money is like asking "does wind real?". We can't see bitcoin or touch it but we can feel it and see what it can do to many lives including me. It can destroy or built, can touch but can't be. I think you get it. I don't think anyone understands you but i think you mean that bitcoin is money i agree with you on that it is like having gold, gold is money but only if you sell it for money at the moment the price of the gold can become higher or lower. |
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That is true because last year my friend invested a lot in bitcoins and like tis year he selled everything and he total made 7.8 million out of it in one year i dont think anything can you give you so much.
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Right now I don’t have enough bitcoin to make any kind of investment, I plan to buy bitcoin, but I don’t know, it seems to be very pricey at this time, so I will wait for a month, if after that bitcoin is still that expensive than I will buy since that means this is the new floor for bitcoin price.
Do not wait for the chance was gone. the current price down quite a lot should you consider this as an opportunity to buy. if you think there is still expensive then in the future it will bitcoin prices two times higher than today Waiting for the price of bitcoin to fall will take time and don't doubt bitcoin's price now. If you'll buy on it's high price then you will see that the price of bitcoin will keep on increasing so if you'll buy right now still the profit for you is possible. This is the best investment that I did and I can say that it's really profitable if you will trust. Buying right now when bitcoin is close to its all time high it is a mistake, if the price were to drop to the levels we had the previous year like the 600 range then you will probably end up with your money frozen for months or even years, or most likely you will end up selling for a loss. If you are going to see the price of bitcoin. It is actually falling so if you are going to buy right now then you are doing the right thing. Of course as an old investor if you are going to buy bitcoins at ATH, then you are just wasting money. But if you know the price will go down, then you are doing the right thing. I agree with you but the price is going up right now so the people who did not buy it are in a loss and the people who did are having profit right now this is the most common strategy of all time buy when it is low sell when it is high. |
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