So after reading this article and especially the ending: One thing is for certain: having made Bitcoin less of a security worry, transparency will now be key in attracting users to new models, placing control of funds and fees in an upfront way in their own hands. I'm wondering what's stopping people from using bitcoin? And now I'm talking about people who already aware of bitcoin and how it works but still not using it. The price is now pretty much stable for more then a year, security issues are out of the question - so why we can't see in 2015 more companies switching to it, especially considering the unstable condition of moden economy? i agree with that, the security is not good for keeping bitcoin online. to risky to save many bitcoins because hacker and malware that can take our bitcoins. Yes my biggest problem with Bitcoin is that you can looseyour bitcoin if not careful, or someone may hack into it and steal it, and also if you loose your password, you’ve also lost yourearnings, so you need to be careful while making use of bitcoin or you will end up losing your bitcoins. |
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I'm just holding bitcoins for now and try to earn as much as I can. I probably won't sell until bitcoin hits $1000, even though I could already be making profits.
I wanna get as much out of it as I can.
Yes. For a while now, I noticed that bitcoin have been rising, and that’s a great profit for those that saved their bitcoin, cause bitcoin have increased to $450+, and it’s still increasing, so if you bought it for 250$ which was the former price of bitcoin, you now have extra 200$ on top. So, holding and saving bitcoin is most recommended. |
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No, Christmas is a week or so from today. That means that if this were to happen it would have to grow in value for about $250.
I don't think this is going to happen seeing as how slow bitcoin is progressing at the moment.
in the past bitcoin has grown, by x10 in 3 weeks how is 1 week not enough for reaching 700, it is possible by a lot, the problem is that it will not happen for simple reason it is not sustainable in the long term to increase so fast, because then you can be sure that a big dump to 500 will happen As you are stating, $700 is highly possible within Christmas but we need some more solid reasons like any business giants accepting bitcoin or Greece like economic collapse. But sustaining price climbing are more stable and rapidly increasing prices. |
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Sometimes it's great to read stories like that to get some perspective. Many of us just have 1 BTC and many even less and worry about it all the time even if we know selling it won't change anything in our lives. Perhaps in the future it might but not right now at the current value.
Yes, some stories are pushing myself to invest more into bitcoins. These kind of stories are actually boosting and encouraging many bitcoiners and helping this community to scale another peaks. This speculation section really great to find mentality of this community and the future of bitcoin values. |
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I've bought at $230 and I don't think I'll be buying again unless it hits below $300 which I don't think it will happen anytime soon. I prefer to earn it organically than to convert fiat into it since in my country is a hassle to do that. I still don't have 1 BTC and I aim for that first and then I think I'll settle after I hit 2.1 BTC. If you have more money than me you can actually aim for 21 BTC hehe.
Probably you will never get a chance to buy below $300. Because, missing a similar buying prices were most common with respect to bitcoin users. We must believe in all the prices are good to buy. Because the target for selling or using bitcoin may come after a decade, if we believe in that much higher prices. |
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Bitcoin must be a revolution in financial world as well as in technology. The impact of bitcoin invention are unimaginable in online transaction and investment returns. These impacts and surprises are highly expected to be continuing till bitcoin find a stable price.
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1-I buy for using it. I buy digital goods with my coins.
2-I buy for investment. That's the most profitable instrument in financial world right now.
I only buy for investment purpose. When ever I get some savings I just convert that into bitcoin. The reason for my buying is the faith on the future of bitcoin. I'm the one who believes that bitcoin will be worth some millions in near future. Not only you, many people here are buying bitcoin just for saving it like an investment for their future. Because the past record of bitcoin has proven as biggest returning for the investments made. So, buying bitcoin must be good idea for our generations. |
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Bitcoin is of course less worthy than my fiat assets but it doesn't means its over fiat or such. It would have been real money to me if i was a bit early to adopt and was able to collect some thousands of coins. Bitcoin is more than just money! Its Freedom.
yeas it is but is unrelated here. That's the point how you use bitcoin. If you have thousands of bitcoin, then you can use it as money. Otherwise, you may save them for price appreciations as an investment. For me, bitcoin is an investment. It may take decades for me to use bitcoin as money. Yes, the OP must be like this "Is bitcoin real money or investment to you". But many people here are using bitcoin as real money even they do not hold any big amounts of bitcoin. May be the ease and convenient nature of bitcoin is the reason for them. |
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Than this thread was never made, but I don't know I think that people is just creative that they will search other method to earn money.
I happy that gambling is introduced, because I love playing poker.
May be people would have invented a more dangerous method than current gambling. All we need either quick money making method or a highly entertaining method. People are keep on going on inventing new methods for keeping us always engaged. If gambling was not introduced, then we would have been busy in some other things. Yes I guess the name gambling only the difference if gambling was not introduced. I mean to say same thing would have been introduced but in different name. Human never settle and satisfy with their inventions. |
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Can you honestly say $2000 a coin by next year  If it hasn't reach $500 by end of this year than that possibility is not written in BTC destiny. It's ridiculous people are still doubting on reaching $500. In my view it's already in that range. You always can not expect the exact levels 10% up or down is most common with a fluctuating prices. Get ready for $1000 levels in first quarter of 2016 itself. You are right $500 levels are already being tested. A 6 digit figure is 0.1M and with 57 bitcoin is more possible in my way of speculating bitcoin prices. By the way 57 bitcoins are big number. How OP managed to save this many. Sharing the way of accumulating 57 bitcoins, it would be more energizer for many bitcoiners here. |
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when I was gambling and losing, I am regret and then I gamble again to refund/recover my money, am I greedy?
No. This is not the symptom of being greedy. But your nature of finding a reason for going back into gambling may lead to gambling addictions. Later these addictions induce your emotions like being aggressive or over tensed or too greedy kind of effects. |
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Future projects of bitcoin will be the block size by increasing it because the number of transaction will be increased maybe exponentially in the near future if big shops implement it.
The alternative solution for block size increase is on the way of getting ready to implement. May some people claim is as third party intervention needed, security measures also will be implemented accordingly. So, bitcoin will be ready to handle to any rapid raise in transactions volume as the result of main stream adoption. |
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We need more number of bitcoins in slow progress. That's the reason Satoshi designed bitcoin as controlled supply over time.
When all the 21M bitcoins will be mined out, there will be a demand for bitcoin like 1000 more times of bitcoin is required. This will help bitcoin value appreciations. Further more, satoshi or bits type of usage will solve the demand in greater ways.
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Those people who keep on saying bitcoin is already dead were probably people that used to sell all their at a lower rate before and probably they were butthurt and full of regrets right now seeing bitcoin having a good price  I said that cuz if ever that will happen to me, I will also say bitcoin is dead  Most likely this. They don't want people to make profit because they have no coins to benefit from the price rise as well. It's not too late for these people to buy. They can still jump on the Bitcoin train. There is plenty of room for great profits! You are right. We are still in early adopting of bitcoin. So, buying a bitcoin now will be definitely will make you millionaire in near future. Those who do not want to invest into bitcoin may claim bitcoin is dead. But, we can realize ourselves by holding bitcoin and how actively alive bitcoin is. |
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With my dicing game, I prefer to go slow rather being aggressive by betting bigger amounts. Slow and steady wins the dicing game also. Otherwise I will be thrown out of gambling in my way of automated dicing. For automated dicing, smaller betting is pretty enough.
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A demo account or a video games are not actually meant for the gambling thrills. For the entertainment we can enjoy from gambling, no other things can substitute it.
A gambler really throws out some money in gambling by expecting some entertainment. If we get some profit as a by-product, he can repeat the same process for free tomorrow also. Otherwise, only the entertainment is the benefit.
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I won 6 btc then lost it but I'm gonna try and get some of it back
You will definitely will get back some of them or all 6 BTCs also. But the catch is after getting back, I believe you will not stop gambling and you go for another cycle of winning->loosing->recovering. This is the common scenario of many gambler's life cycle. |
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2009-2012. Early adopters
2013-present. Late adopters.
2009-2012. Very early adopter. 2013-2015. Early adopter. 2016-2020. Reasonably early adopter. 2021-2030. Good moment to step in for institutional entities. 2031-2040. Good moment to sell a good part of your coins, and enjoy your life as multi millionare. I'm glad that I'm into early adoption period. But as per these phase calculations, to become multi millionaire I need to wait till 2031. Bitter truth. But I already knew that bitcoin is not the "become rich in quick" kind of program. |
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Benefits: low transaction fees, money is yours (not in a bank)
Cons: currently unstable price, time it takes for confirmations.
These unstable price problems will be settled down very soon once we see higher prices of bitcoin with more number of adoptions like main stream. The price fluctuation of gold is not a problem for using it as a medium of exchange, same kind of flexibility for bitcoin prices also on the way. |
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Yes because i believe in this few years bitcoin price still can rise,
and also for now i rather investing the bitcoin rather than sell it
and i want to keep some to play at gambling site
Yes, in few years we can expect the biggest ever up surge in bitcoin history. This fact is backed my increased user base and adoption of bitcoin ecosystem. All holding of bitcoin savings must not be spent at once. Better split for target wise, I plan only 10% of of my holding at the price of $000. Another 10% for next target of 10k. Your statement is also backed by exponential growth of bitcoin value appreciations. Holding bitcoin for our life long with different targets must be a wise idea. Because we should not sell our coins when the rest rest of the world hunt for bitcoins. Many people already in regret for selling their coins for pennies. |
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