20k is a very large amount and I also think that you can just fully put it into the bitcoin itself to make some good profit. The profit you could make with the halving with just 20k is in my eyes insane.
I would split it and just put 10k on my bank account and with the other 10k I would invest in the bitcoin but also in the altcoins so you can trade them later for bitcoins. Trading and holding the bitcoin can be very profitable so that is why you should do this and no need to wait for halving.
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i can buy anything with bitcoin hope we get fair price after halving
It's really happy to hear these kind of good words, if I can buy everything later in the future with Bitcoin but that is now not possible because it is not that famous and used now so we have to change that. I want also to buy some clothes with Bitcoin so I can buy it easily and that would be also perfect but we have to promote it more first to make it more acceptable.
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Bitcoin effects lives somewhat because it does allows people to make some extra money even tho you sometimes have to wait a while. The waiting can be worth it sometimes when you earn your money back.
When I joined this forum, I was barely interested in bitcoins as there weren't many ways to earn it. Now, there are so many methods and ways to earn this currency and the price is so high that many people are asking me about bitcoins while two years back they dint bother about it. I still am learning about this currency and there are still many things I need to know.
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I guess the best effect of halving is making bitcoin prices rose higher than ever, I think people take advantage of it to hold their bitcoin. but I guess after halving, bitcoin prices become unstable because more people are starting to sell their bitcoin in large numbers
If that happens I feel real lucky because of savings, I really don't what will happen after the halving but base on the many opinions here while I'm reading. Many believes that bitcoin halving will have a good effect to us. Because it will increase the price of bitcoin after it happens.
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Last time the bitcoin is going down very fast a think a week ago the bitcoin dropped with 100 dollar in the 2 last hours of the day and taht was very scarry because i wanted to invest but now it was better for me finally lucky me.
The price is going down quite fast now. But the price is still over $600. So that is not a major concern. We are not that down now, as you can see you see already that the value is now starting slowly rising and that is quite good for the most people who already have Bitcoin. Some people have already profit but they want to make some more because they know that the halving is also coming.
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You can grow your bitcoin by using campaigns and that is also the easiest way but the only downside is that its taking a lot of time. I do not have a lot of spare time so sometimes I'm not earning anything with it.
I think Trading seems to be the better option to grow your bitcoin. But without prior knowledge of trading involving into trading leads to loss. So learn well with small investments and make the earning good.
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there are few cafes shops in the uk thats accepts coin and i somehow spend some have you your experience ? and how did you feel? when i was sending coin peoplein the cafe was looking at me and asked me about it truly i feelt like im .... hurraaaaaaaa
No I would if there were stores that accept Bitcoins but in my country no stores accept Bitcoins they do not even know what Bitcoins are. It would be a huge thing if Bitcoin made this possible. I have spend some Bitcoin in real life but to me it does not really matter if I spend my Bitcoins or cash both are doing the same thing so what does it matter. Spending cash is a little better because you can make money with the Bitcoin so it is a bit of a waist to be spending them allot. In real life I am not spending the coins but online I do because I am also trading and I think that can be also nice for me and to earn some a little bit money. The value is not high enough to withdraw so there are now around this time a lot of people that is trading to earn a small profit with Bitcoin.
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Users who have borrowed bitcoin few weeks back could have returned back the borrowed bitcoin with good profit in hands. Now too its good to borrow with the hope of price variation on halving.
Yes, most of the people borrow the bitcoins with the vision to get the short term profit and then return the original amount to the owner. Although it is risky as loss can also occur but they still take the risk of borrowing. Its just useful when you really need money for something, but for other things you should not do it, I think its not worth it to do it if you are not in problems. Be sure to be sure of the fact you are gonna do it because it has some risks of course.
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i think that you have to do same things as you would do with big amounts, buy currency while it is cheap, and sell when it's price will rise, as this way you will earn profit from trading
I think the best think is altcoin i was trading bitcoin with dogcoin because the market wasn't variable the price don't change all the time and i got so much profit with that methode but now i really think that trading $ and bitcoin is the best.
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Bitcoin halving cancel? its impossible to happen because it already publish that even since 2013 we experience it and now block halving will happen again and i think no can prevent or cancel it.
Bitcoin took off but only slightly. The current status surely is not the target already. When adoption is so high that the fees are high enough to reward miners and at least make the network secure a couple of times then we would not need block rewards beside fee anymore. But we have a long way to go till that.
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Today I would pick Bitcoin for investment. Gold's price is pretty statable and almost doesn't changing nowadays, but bitcoin is not so fixable and it's easy to earn on course difference of bitcoin now. So if I would have money for investment I would chose bitcoin.
Yes investing in bitcoin can be profitable not only because of halving, but the price will be even more higher in the end of the year, and bitcoin can give us better profits in compare to gold. Investing in gold is always a stable profit. Bitcoin is even more attractive investment because bitcoin gives you more and more profits when compared to gold. Investing in both gold and bitcoins is the best thing to do, as we don't know what is the future of bitcoins, but yes gold is ancient and used since thousands of years, so people have more faith in gold as compared to bitcoins, so it is better to invest in both.
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It is very easy to teach the women in our house. When they see us much interested in working on btc and when we share the benefits they will be more interested in it. Try to give the money you earned. Ask them to spend for their expense. They will never discourage you to work on BTC. They too will be interested in earning more from their side as they feel it gives double the benefits. One from my side and other one from her side.
Women are always looking for something new ways to earn, so there are women in this community, so I think they are just waiting to be told about bitcoin, but there are women who have what they need, and most of the time, I think don't need to work on bitcoin..
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I dont know if I would still use bitcoin 20 years from now because I know it would a very busy and hassle time for me . but I think it would still be my past time because I guess bitcoin would still a thrill and excitement on its investments I would like to know what would be the price ofit after 20 years .
My guess is the price will be stable and next to bitcoin some other major crypto coins exist. If bitcoin is the main coin i guess I will be able to buy anything with my bitcoin which is a bright prospect. Having bitcoins is one, but being able to spend it is even better.
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Yes i believe in bitcoin because it is one of my source of income and it gives me no limit on earning because the money that i can get from bitcoin is always based on how i work hard. Now i can help my family like paying bills and also buying the things that i want. So that's why i always believe in bitcoin . I still believe in Bitcoin and that is because the halving is also coming and that would be nice but you never know what is going to happen with the value that can be risky. But we just have to wait for a price increase and that would be nice for the future if we can make profit soon this year.
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That you are dumping your bitcoins does not mean that we all have to dump our bitcoins you stupid idiot let people think for them self . If they want to dump their coins they need to decide by them self and you are not going to do that for them you are not very clever person dumping them now.
I'm not gonna dump my bitcoins because of the future the bitcoin itself has, I think it would just be stupid to do this. The halving is also coming so with a little bit of patient you will make a lot more money if you just wait.
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For me I recommend lending, you can give loans here on this forum or invest on p2p lending sites like btcjam , etc. You can also try your luck on gambling or investing on HYIPs though it's not recommended.
Actually the best investment is saving up your money. Don't invest your money to an investment site. It's probably just another ponzi scam. No matter how long it is running, or no matter how many years it promise to run, a ponzi scam will always be a ponzi scam.
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What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?
Probably after 5 years, Bitcoin confirmation is instant, ). Merchant adoption and overcome bad press, Bitcoin will overcome this bad press because of government participation and merchant will likely confident enough to adopt bitcoin. More mass adoption since there is more merchant and store to use Bitcoin. My prediction is that the bitcoin will first get a lot bigger this year also the halving that will come this year will let the price increase to a high amount, after this it will go to a lower amount but stable. After the halving has been done it will be stable, I think after that it will be boring year till there will come another halving or a big company will step in and the bitcoin will got to a really high amount.
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i think paper money will stay always and paper money are using in large number in everywhere and i also like paper money than coins .
i doubt that paper money will always stay around, in my opinion the price of the bitcoin is going to grow and i think that people will switch from paper money to bitcoins are people ready for this transition though im not too sure.... Most people still dont know about bitcoin We are not ready,nobody is ready maybe except some people who know bitcoin very very well. If BTC can become a future of paper money,it will happen in i dont know 30 years? i dont really believe people will want to get rid of paper money,it is an old idea,old idea's usually hold strong in people's mind. Paper money will always exist as bitcoin is not yet that powerful that it can replace strong currency like paper money as it holds more trust and more users in compare to bitcoin. I think the usage of paper money will be decreased in the next 50 years as the percentage of people who constantly have always paper money in their pockets decreased or at least the level of money they use decreased.
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I dont know what to do with the bitcoin because i dont want to lose allot you know i have 60 bitcoins right now but i dont want to sell thembecuas i think that the price of the bitcoin will rise allot after the year of 2016 so i just wait a couple of time more.
Saving will be now the best thing that you must do and that is because you already can see now that you can earn some profit soon maybe and that should be perfect. But of course it is really hard to predict for what is going to happen with the value but that is just the risks that you should take.
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I think the banks will be the first to adopt blockchain technology. So, no in the short term banks will win. But in the long term when people start to realize what hides behind this new banking system , bitcoin will be the real winner.
I don't think it can fully make banks disappear or unusable, However I think it can be a huge potential currency in the world mainly online world and be one of the top payment exchange systems in the world.
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