In future bitcoin might also get a paper money form. Bitcoin usage will get increased when it gets the paper form.
Lets just hope that the government will allow that,if the government wont gain tax from what is sold in their country they might push a law about that. That would be hard. Government is against bitcoin due its bad past. Illegal transactions that have been done and as you said there is no tax. They wont get anything so why accept it. Yeah and I don't think that government will support bitcoin in future, they will always support fiat as they have total control over it, and they know that they cannot have control on bitcoin as it is decentralized currency. Yes, and I think paper money will always survive, I don't see any threat to paper money from bitcoins, as people who are not used to digital world will always continue to use paper money. |
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I am making small investment into bitcoins on weekly basis, as I cannot afford to buy a whole btc at a moment, So try to invest in small parts as much as I can, as I think I can earn good money in future.
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Frankly at this price I think it's pretty much a safe bet to invest now and hold. I consider anything under 500USD to be long-term a fine investment.
Yes I think this price is quiet affordable to invest money into bitcoins, as I hope that the price would be on the top in the future, so its good if we buy some bitcoins at this price. If you are satisfied with current price then you should buy it, as I don't see it going more low in next couple of weeks, as anything around $400 is good price to buy. That's true and we don't think that it will go below 400 in next couple of weeks, as we are expecting price rise now so if you want to buy bitcoins, then this is the right time to buy. |
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I am spending it on gambling at a moment, as I think we should keep on spending our coins rather then keeping it useless in wallet and I also sell when I need fiat currency so I convert my bitcoins to my local currency.
Yes, I think we should spend our bitcoins, I am spending for my mobile top up and buying some stuffs online, and also convert it to fiat at the time of emergencies. I think this is good for the bitcoin economy, we need more volume, so it's important to use your bitcoin, then re-buy Bitcoins need to be circulated, if we spend our bitcoins, the price of bitcoins will improve in future, if we just keep on holding, bitcoin will loose all its value. Spend your bitcoins when you feel to spend, nothing wrong in it, it would be useless to just keep on holding and without using it, if you need money, don't look at the price, just sell it and have fun. |
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I would continue with my job for sure, I like bitcoin, but I don't have total faith in it looking at the price fluctuation involved, So I will always treat bitcoin as good extra income and nothing else.
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if you are affluent people, you could hold your coin and wait until whenever touched its highest price was very good.
but for me, I'll sell when I needed it. maybe I'll sell every week or even month.
That's correct, I keep on selling part of my bitcoins on weekly basis by converting it to my local currency, as if I need fiat, I simply sell, as we all are earning it to spend it. |
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Just hold your bitcoins for now. It might contribute to decrease in market supply of bitcoins that will make the price of bitcoin go high. Just hold it now until halving. The bitcoin halving is only 5 months until now.
Yes, I think you are right as the value at a moment is not that high and not profitable too to sell all our bitcoins, we should wait for the time until the halving occurs and sell after that. |
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You will need a lot, because you never know what the value will be after a few years. The value can be very low and that will be not good.
But the value can also be very high and that is very good. But you life will depend on Bitcoin and that will be not good.
Its always good to invest your money in multiple products, because if you depend only on bitcoins, and if it fails, then you loose everything, and you don't have an option to invest after 20 years. Investing on different companies to grow you bitcoin is essential. You will be needing maybe about 300-500 bitcoin with that amount i think you will live a happy life. require 1000 bitcoin was better, because we do not know the price of bitcoin in 20 years. maybe it could be back under $100. and I think if you want to retire is not just relying on bitcoin. That's true it depends on the value of bitcoin after 20 years, its better that we be ready with some coins in our wallet, so even if the price low, if we hold more number of bitcoins, they can take care of us. |
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You should just not sell your bitcoins because the price will go to a much higher point soon or later.
I even think there is a chance by just using the bitcoin as a investment and in a long term you can get really rich.
Yeah I hope what you are saying can be true in future, investing in bitcoins is little risky as no is sure about its future, but I think we should take that risk and invest in it at a moment. Investing money in bitcoin is surely very risky affair as we never know where bitcoin will stand in future, but having some bitcoins in wallet for future would be good investment to make I guess. But I think we can take that risk as if the value grows in future then we can earn good money, and we should sell our coins when the price is good rather then just holding it for a long time. |
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Hold it and if you don't have patience then just try your luck on gambling, that is the only way to multiply your bitcoins in a quick time, but I would suggest to hold it for future.
it will end badly if only to try your luck at gambling. yeah 5btc better to hold and 2 BTC tries to grow by playing trading  Yeah if you have knowledge and skills related to trading then you should go for trading, as there is less risk involved in trading in compared to gambling as you have some possibilities to make some good profit in trading. |
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Ok usually I say to save things because it's useless to mine btc if you have no faith in btc...
But let's get it right, right now it seems logical to sell a big part of it, or at least transform parts of btc in altcoins clearly!
I don't think selling now can be good decision as the price so comparatively low at a moment, its better if we save now and sell after the halving when the price would be better. Yes, and I don't think that mining can be profitable with this price, its better to buy and hold it for few months, so you can sell it at the higher price at the time of halving. |
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That is very possible that it can happen. I think it will happen, but the problem is that nobody know when it is going to happen and that is risky.
You must sometimes wait a long time and that is not good. But we must have patience and that is very important.
I don't think that it will reach there in next couple of weeks, I think we can expect that value at the time of halving not before that, right now it will continue to play in $400-$450 mark. |
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april 2016, price should be 500$, would be nice to see price liek this, of course i don't see future, but we had only price rises now and no drops,so i think it will stay like this in future too, 500$ is nice price before halving
stable $500 in April 2016 seems unrealistic. We may touch it as we did last November and that is it. Whether we see stable $500 before halving that also remains to be seen. I am not so sure about it. I think it is more likely to see a pump shortly after halving time. A lot depends on whether we have some fundamental developments to accompany it. Its hard to know for what is going to happen in the future. Because a currency is always changing and that is not good. You never know what will happen to the future and that is hard to predict. To take an action you must take risks. Yeah, bitcoin is very unpredictable and it is hard to arrive at certain decision of judging the price of it in next couple of months as nothing is guaranteed and nothing can be predicted related to the price of bitcoin. |
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The value of bitcoin would be much higher by then, as we will see many users adopting bitcoin as a currency, and many businesses will enter into the world of bitcoins and many merchants will start accepting bitcoin as a payment method.
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I told you it was a Pump-n-Dump scheme.
it's usually pump and dump scheme of rises/falls unless someone creates a panic or other ways for price to rise or fall price rise is over now, and price should drop now by 30$ atleast Yes, price will not rise at a moment, it will keep on dropping, and if you are looking to buy some coins then I think you should wait for few more days as we will experience lower price in next days. |
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I would prefer to buy now and sell after the halving, as the price is comparatively good to buy some coins and hold it for next few months, as selling at this price won't be profitable enough.
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If there is a need of physical money with high profit, user needs to sell the Bitcoins. The reason is that I personally think Bitcoin price will increase only after halving.
Well after the little dump today i am not worried. The tendency is that the price goes up and down often. But the outlook is positive. So i do expect it to bounce back. Well i suggest that its better to wait a little more time maybe the price will decrease back to 370.. after reaching that price its time to buy again and wait again for the price will be increase... Its not smart now to do it. And that is not good for your money if you are now going to sell it. The value is not even that high. We all hope that the value will rise for a long time and that we can sell it with a huge profit in the future. That's true, holding at a moment is the smart move to make, as the price not too high, you cannot earn good profits at a moment, but if you hold for few months, then you can expect a higher profit. Its not smart now to sell your coins at this moment. The value is not that good to sell it so you wont get that much profit of it. I hope that more people will sell it later in the future with profit, that is very good. Patience is very important. You are right, its not good to sell your bitcoins right now due to the halving that is coming this year. You will most likely gonna make profit if you just hold your bitcoins for a long time if you ask me. Also due to the bitcoin community is growing, the future is getting better by day, more people are investing in it also. You are very right, the bitcoin community is growing everyday so that is very good sign, If you also think about the fact more people are spreading the bitcoin its also good. Another thing is that more people are investing in the bitcoin and the price will increase because of that for sure. Yes indeed investing in the bitcoin is the best and the people should do this also, I already did this. If you invest right now you can make big time profit in my eyes. Yeah you can more profits in future if you invest in bitcoins at present, as the price is not too high at a moment, and you can expect better price at the time of halving, so you can sell at that time and make good profits. |
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Yeah i think it can rise up to $800 after halving but sometimes its wondering to my mind that the price will not change and the price will always stay to 400 to 450 after halving.. Lets hope it will happen so that we can make more profit if it will happen..
yes maybe you right i think stable in around 400$-450$ is possible. we know many trader will try to manipulation market to get cheap bitcoin in the cheap price so i was think maybe price will up 3-4 month after halving. Yeah and i think by the end of the year we can achieve this price but not before the halving for sure, as bitcoin is not ready to move at a moment and it is stuck at $415. |
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I really doubt this would happen even by end of 2016, at most reaching $700 I think if all the factors goes on our way and reaching those number doesn't matter if it's going to down after it so hoping for a stable price, I would even be happy with $500 at most though.
well if we will have huge price before halving(600$ for example) price can be 1100$ after halving, so 1000$ in end of 2016 but thing is, that i don't think that we will manage to keep such a high price, and it will fall one day Yeah, I don't think it will happen by the end of this year, this price is too high to expect at a moment, maybe it will be around $700-$800 by the end of the year, not sure though. |
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Maybe we can see that value at the time of halving but not before that, as the price is not moving relatively high at a moment, so we will have to wait to experience that value.
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