Why Should I Choose Bitcoin ??
It's the first question one should face while starting to deal in bitcoins and answer this will satisfies you to choose bitcoin over others. Some of the benefits that Bitcoin have over other includes :
1-Quick transactions – Bitcoin is transferred quickly over the Internet.
2-No expenses/low charges – Unlike credit cards, Bitcoin can be utilized for nothing or low costs.. This enhances revenues margins deals.
3-International installments – Bitcoin is used all over the globe; e-commerce sellers and service suppliers can easily agree to take international payments. Which uncovered new potential commercial centers for them.
4-Information is secure – As we have seen with late hacks on general retailers’ disbursement processing systems, the Internet is not generally a secure place for private information. With Bitcoin, clients don’t surrender private data.
5-Much More Easier – Bitcoin is Much more easier rather than we think.Means to say It’s Much more easier than transfering a Payment from bank account From bitcoin you can even transfer a Payment in few clicks even While listening songs.
-Hope this will help you in believing Bitcoins !
Bitcoin is number one and the improvements occuring here are getting more and more efficient for the users and investors. Bitcoin also is one of the best way to become rich and you should try investing here and you will surely be satisfied. There are also a lot of features that can make your life more convenient than ever. The value of bitcoin is also rising so you will surely benefit it as soon as the value rise together with your investment. |
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I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.
This is the analisis I made:
On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd
On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd
On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd
Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD
That is amazing.
I wonder what are the new rich people doing right know? have they realised that they are rich yet.
Well we all know that bitcoin does not set any boundaries with the people who may use it so those who are not rich yet has more chances of being rich since the value of bitcoin has risen a lot lately. There are so more ways to earn here compared to what bitcoin have before. People now are smarter and wiser in investing so that maybe one of the main reason why the number of rich people here in bitcoin is increasing. |
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I have read some posts and some concerns that it is the volatility of Bitcoin that is preventing many people and many businesses to fully adopt Bitcoin. This can be the main factor why big online shopping stores are not yet adding Bitcoin into their payment facilities (though there is now a circulated petition for this but I doubt if it can make a dent).
Some are really saying that if volatility can be managed then we can see Bitcoin going mainstream. I am wondering then: Is volatility something that we should find a way to control and how do you think it can be done?
Well I don't think so because bitcoin's volatility is here ever since and it is one of the major reasons why many people became attracted with bitcoin. Also we should remember that bitcoin is decentralized so its value is not really constant. There are a lot of things occuring in the market everyday and we should be informed and aware with that so that we won't miss a thing and we would have an idea about the pumps and dumps. |
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What is the best way to make money with bitcoin in 2017?
Signature campaigns are still the best for me because I have been earning a lot from it so far. I know that there are still other ways but I am afraid that I will just fail or it will not meet my expectation so I just stick with signature campaigns since it is already proven and tested to be an effective way to make large profits. It is still risky though but if you are going to succeed, you will surely come up to the conclusion that it's more than worth the risk. |
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Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
Bitcoin is one of a kind. No one can replace it. There may come a time where bitcoin will be left behind but the history and things it has contributed will never be forgotten and replaced. Bitcoin has its own features and characteristics that no one can ever duplicate or take over. That time where bitcoin will be replaced by other cryptocurrency is still far. Right now, bitcoin is dominating all the other cryptocurrency and is proving itself on why it is the best cryptocoin of all time. |
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Hi guys  May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business? I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you? Earning bitcoin was never an easy thing to do. There are a lot of process and things that you need to accomplish before you can really earn large profit here. I have a lot of plans with my bitcoin like saving some of it to secure my future and in case of emergencies that may occur anytime. I am also planning to invest here in bitcoin so that I can earn more money which may sooner help me in the near future. |
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Based on what I am seeing so far, we can really move already to green pastures because bitcoin as of now is still rising. We can also include as an evidence on how durable bitcoin is, is by sharing to people what happened when bitcoin was banned in China. The price fell down hard but look at the recovery of bitcoin. If bitcoin can surpass all of the obstacles and troubles on its way, there will surely be a chance that it will be the future money. |
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Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ?
Sorry if my post is in the wrong place or it's not relevant.
Go down I think, but lose it's value, it's too impossible. If you are going to look right now, bitcoin's value has increased a lot amidst all the troubles it has faced this year. Bitcoin was banned in China but still the value increased after a few weeks of recovery of bitcoin from it. This just simply show the firmness and ability of bitcoin's value to grow even though there are some troubles occuring outside. |
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So in the most countries, bitcoin is neither declared legal or illegal. In some it is declared illegal and some are actually allowing it and also promoting their own alts.
So what would a government needs to do to regulate bitcoin in the country? And how can a government actually benefit from legalizing bitcoin in the country? How can it actually support the economic system of the country.
Legalizing bitcoin is not as easy as we think, a lot of innovations should be made first before this would fit within every country of the world. One thing that the governmeny should do to regulate bitcoin in the country is by letting it go off their hands since it is decentralized and don't create troubles for those who are doing bitcoin. By this way they can ensure that the economy of bitcoin in the country will not get messed up and things will be okay between the two. |
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Everyone would like the bitcoin is accepted in all online and real stores and, as as mentioned in the title, what would happen if Bitcoin became a legal currency?
A lot of things would change for sure but the certainty that this will occur is still far since bitcoin is not yet being trusted by some countries. If ever bitcoin will be legalized, convenience on how people hold their mone will occur and transactions of money all over the world will surely be easier than ever. Bitcoin's value is increasing so fast so if bitcoin will be proclaimed legal, a lot of oppurtunity will be given to people which will help them with their finances. |
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What is the best way to make money with bitcoin in 2017?
There are many ways here to earn in bitcoin. You can choose since it is so many, you have there signature campaigns, gamblings, tradings and other ways. For me, the best way to make money this year is by joining different signature campaigns where in you are expected to be patient since it takes up a long time. The profit here is risky because there are some fails but if ever it is a success, the wait will surely be worth it. |
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After the recent news re. BTC China and regulators crackdown on cryptocurrency trading, we all know which direction bitcoin and alt coins are currently heading. I wish to buy Bitcoin and Altcoin when they hit the floor, but i am unsure of when the right time is to enter?
For me there is no right time to buy bitcoin instead you just need to buy it and put up the work to make it grow. If ever you are aiming to avoid some troubles with bitcoin's high value, you can wait a bit until the price drops so that you can avoid spending too much. This is applicable for those who does not have enough money to buy bitcoin right away but if you already have the money, then you should not waste time anymore and buy. |
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Bitcoin can only help those people who are coming near to it so as we all know bitcoin is not yet legalized worldwide which simply means not everyone has an idea about it. We can not depend the solution of world poverty to bitcoin because bitcoin is just a cryptocurrency in the end of the day and we, the people of the world are the ones who decides whether we will help each other end poverty of everyone or not. |
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Why Should I Choose Bitcoin ??
It's the first question one should face while starting to deal in bitcoins and answer this will satisfies you to choose bitcoin over others. Some of the benefits that Bitcoin have over other includes :
1-Quick transactions – Bitcoin is transferred quickly over the Internet.
2-No expenses/low charges – Unlike credit cards, Bitcoin can be utilized for nothing or low costs.. This enhances revenues margins deals.
3-International installments – Bitcoin is used all over the globe; e-commerce sellers and service suppliers can easily agree to take international payments. Which uncovered new potential commercial centers for them.
4-Information is secure – As we have seen with late hacks on general retailers’ disbursement processing systems, the Internet is not generally a secure place for private information. With Bitcoin, clients don’t surrender private data.
5-Much More Easier – Bitcoin is Much more easier rather than we think.Means to say It’s Much more easier than transfering a Payment from bank account From bitcoin you can even transfer a Payment in few clicks even While listening songs.
-Hope this will help you in believing Bitcoins !
Simply because it is the future currency which will sooner take over all the other currencies in the world and it would be a good thing if you will start earning from it as soon as possible since it will be proclaimed in the making as the global currency. You can also have great convenience if ever you will get to choose bitcoin wherein most of it will occur with your financial status. It can bring you great money so you should probably not let it pass by. |
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So much so that 15% of banks world wide expect to widely implement blockchain, which is a ledger of transactions updated in real time by various institutions, by next year, according to the report which surveyed 200 global banks.
These banks, mostly medium to large-sized institutions, are focusing their blockchain technology on three areas: consumer lending, retail payments, and reference data, which refers to the real-time information sharing of transactions across business divisions and institutions.
In four years, IBM says that 66% percent of banks expect to have blockchain in commercial production and at scale.
The reason is just simply because bitcoin's value is rising so much nowadays so if you will not buy as soon as possible, you will surely regret it since the value is so high already. Another thing is because bitcoin has been making a big noise about being the future currency which may actually be true so it is very ideal to start earning bitcoin right now while things are in proper. Keep on watching over the price and buy quickly if you think it's low. |
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Hey guys, my name is Thamos and I'm fairly new to Bitcoin. I've been reading up on Bitcoin for like, only, 2/3 weeks now. I was already planning on investing but I wanted to have a bit more knowledge about it all. I guess now I do.
I was just wondering, seeing how Bitcoin's price has increased by a lot over the last couple days, when would be best for me to hop in the pool. Should I buy now or should I wait till the price drops (even if it's only by a small percentage)?
I'm just looking for some advice. Thanks a lot!
As you can see, right now is not a good time to buy bitcoin due to the sudden rise of bitcoin's value continuously. Its price has been growing a lot after recovering from having it banned in China. If I were, I would wait a bit till the price drops then I will buy when that time comes. The only thing advisable now is to keep on investing in bitcoin and be careful always in every investment you will enter since scams are everywhere. |
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Bitcoin is a digital currency that is fast, secure, decentralized, and which also has very cheap transaction fees. Bitcoin has no border from one country to another that is why it is accepted all over the world. Based on all these aspects, do you think bitcoin has a role to play in the future? Share with us what you think? thanks As we can all see, we are approaching to the days where technology will take over the world, bitcoin will surely make a big break too since it is considered to be the strongest digital currency. Bitcoin will make things more easy in the future for sure if ever it will make it through since it is a global currency meaning it can be accessed by everyone even in different countries. The only thing we should do right now is to keep on supporting bitcoin and have faith on it. |
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Hi guys May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business? I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you? We all know that earning bitcoin was never an easy thing so planning on what you are going to do with it is very important that you should make sure that it will make sense for you in the future. In my case, I am planning to invest my bitcoin but I will still spend some of it since I am the one who worked hard for it. By thisway I can make sure that I have made something good and I have given myself a payback for all the hardwork I've done. |
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Forget about everything else and just put everything on bitcoin. You are living with your parents, they pay everything for you, you got nothing to lose. If I was living with my parents, I would save everything and buy bitcoin monthly. If BTC doesn't keep rising you can still reach the 21 BTC holder group, then save this and retire in 10 years when the price makes you a millionaire.
Go all in on regret later. You are on a privileged position to profit from high risk high reward moves. No risk no win, and BTC is the best long term high risk bet.
We all know that time is very precious on bitcoin so if you are going to start doing it while you are still young, you will surely benefit a lot as you grow old. There would be a sacrifice if ever you will do it like your studies would be messed up or your youth will be taken away but the prize waiting would surely lessen all of those sacrifices. Be smart with all of your decisions so that you won't regret it in the future. |
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After the events of last week.
I was making this suggestion to some folks yesterday, but they claimed that bitcoin is too small. Does it matter?
Bitcoin has been making a noise so far this year and we might have all heard about what happened with China and this things just proves how bitcoin was able to overcome all its troubles. Based on what I am seeing now, I can say that bitcoin do really have the chance of getting the shot on becoming the strongest currency in the world. Imagine, it's not yet legalized worldwide but the influence and value of it is increasing continuously. What more in the future. |
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