Not very soon.Btc has not yet reached 1000$ mark so 5000$ is very far away from now on and i think it may reach 1000$ mark in the start of 2017 may be but can not say when it will reach 5000$ but surely not soon.
If that is going to happen soon, that will be not happen, because it is a very high value and that is almost impossible. But you never know what can happen with the value and that is the problem. But we hope that it will of course rise. |
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I have now started to use my stash to sell and buy back more at rates below.
Spending my daily earnings' 10% on shopping online for few things and mining equipment.
I actually just convert my bitcoins into fiat and buy stuff like groceries and phone credit. I heard we have a bitcoin ATM in the capital, some restaurants tipping bitcoin and a couple of companies paying in bitcoin; but i haven't really gone to check them out yet.Hope when it is wide spread,we shall be able to use them everywhere. |
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I would like to buy sea foods and they will deliver it in our door steps, but that is not possible because i have never seen sea food restaurant taking orders online and accepting bitcoin for payment. well its just a dream for now.
I think for me i would like to buy anything with btc like foods ,pay for transport ,buy house, game console and anything. We know that we always bring our phone with installed bitcoin wallet that can use it for payment anything in the world. I hope it will happen in near future... |
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I CANNOT QUIT MY JOB TO WORK FULL TIMEIN BITCOIN.. I WORK BITCOIN WHEN I HAVE A FREE TIME , I WORK IN TRADING AND SIGNATURE CAMPAIGN..
That is really what we need to do that we don't have to quit our full time job in able to exchange it with being full time on bitcoin. And I would say that it is better if you are going to do it both. And you are doing it right, that you are working with trading and signature campaign with your spare time only. Yeah that's the right way to work on bitcoin because if you quit your full time job for bitcoin, then you don't make that much money that you earn from your job and if you do bitcoin as a part time job then it will give you profit and you also get your salary from your job. So don't do that mistake you will face a big loss and you always regret on what you done. Quitting a job at this moment because of bitcoin will be quite insane. If you have a regulate income then you need to stick to it and treat bitcoin as a complementary to your income. You can only quit when you are very sure of what you are going to do. I know of someone who deals purely in bitcoin but has started some other businesses to support it. |
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bitcoin is much better but i still need to use paypal from time to time because not everyone and every company uses bitcoin specially when im dealing with foreigners
I prefer bitcoin above all currency's because I think its much safer, not a lot phishing websites and also the fact that you cannot get robbed. Plus its also that the bitcoin is a real currency, paypal is not a real currency its more a pay method that you can use. |
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Low fees and the easy way to send money to anywhere in the world.
For me best thing in bitcoin is we can hold full control of our money. We do not need to trust a third party like bank or something else. Just with a btc wallet. We can do what ever we want to do with a bank and this is best part of bitcoin in my view. |
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Predicting about bitcoin was never easy so I will not go much far.According to many they have voted for 10,000$ which Is more than 10 times than it is now.But I think its too much I have voted for 1000$ because it looks more realistic and think it will be around that price.
It is very hard to make long-term predictions. I don't know what Bitcoin has in store for it in the coming 4 years. But I think it is possible for some major things to happen during that time frame. Possibly new tech to enhance Bitcoin or to simplify it for the masses, or maybe something like a major Bitcoin startup will happen and materialize. These may impact the price, or maybe the block halving will in 2020. |
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You need to buy when the price is low and try to hold on to those Bitcoin for a while and wait for the price to rise again.
Then you can decide if you want to sell for a profit when the Bitcoin is higher then what you bought for.
There are lots of ways to earn good money with the bitcoin, I consider signature campaigns as one of the best one because its easy. Its not only easy its also very nice because you are learning if you do this and its also that it has no risks |
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I am using blockchain.info because I think it is the more secure wallet for bitcoin with that I do not have fear that they will escape with my coins, and my secondary wallet is xapo as with xapo theer is no any fees so if I have to pay smaller amounts to different addresss,i use it so that not waste much amount in fees.
I have been using electrum and blockchain.info wallet. electrum is for my computer and very easy to use. It will automatically calculate the fees and include sufficient address for me to use. |
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According to advise here, I think there very few legit investment I wonder what to do to get a profit in btc
If you want to earn big, invest big. That's why other members here are rich because they are investing big money. Just like at trading sites, If you want to buy big bulk, then invest big money. Some other investors also buying different cryptocurrencies for stock market. So, if that is the case, they will need more cash to buy. So if you have a lot of bitcoin then you can exchange it to different altcoins. And sell it and gain profit from it. That's how they earn money. Investing on bitcoin has to be made with a good study about the site or firm in which you are investing.The decision has to be made of your own. But surely you will get profit even you have something as investment. |
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Maybe but will reach 650$ maybe even in April than we can talk next but move to dollar will be not rates rise
dollar will lose not to euro but to gold and btc
The Bitcoin is going to reach $700 again I am sure of that it is even going to happen at the next rise so I be ready if you want to sell for $700. I am going to wait for the price to rise even beyond $700 then I will sell some coins. Yeah bitcoin will reach butit will take little more time as the price is moving up slowly. Waiting for the best price so that we can do trading.....But you cant say it will never reach to $ 700 again it will take time but it will definitely reach. Many of the news analysis are saying that bitcoins will reach 800$+ at this end of the year... |
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Maybe not this halving, maybe some other halving since that will continue to lower the bitcoin rewards by half.
Maybe in next years to come bitcoin can reach that value but not at the moment. it didnt even reach 1000$ so it might be faraway from now to reach that price of bitcoin. The price was never supposed to reach $1000 because of the latest halving that has taken place. The best we could expect was the price to double, and that's exactly what happened. Realistic people are happy, while the dreamers keep moaning about not reaching $1000-$2000. So you are saying that this current price is already the effect of halving even if it happens before the halving, I guess we have not felt the effect of halving yet even if the price have already substantial increase in this year so it should happen in the coming months. Without the halving speculation, we won't reached this price so it can be considered that we are here because of halving. But literally, the actual halving effect has not yet established but Im happy with the price now rather than months ago when are struggling to breach $500. I really want the Bitcoin price to be at $4000 because that is a really good price to sell some Bitcoins for But if we are going to be realistic I do not think that the price is going to be that high till next year. |
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I would love to buy a brand new car.
But i don't think this happen soon and I would likely to buy clothes also with bitcoins. Hope to have more online shops adopt and supports bitcoin soon so we can purchase that items for cheap and efficient way. I wish there's a lot of items to be available like of those online shops that offers variety of items such as gadgets, electronics and home appliances. |
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Just save a parentage of every money that you earn just put it on the side, this way you will be able to save money.
It is just like holding on to Bitcoin hold on to your money and not spend it.
Everyone knows that is the key to save money if you don't spend all you earn, but it would be far better for someone to save the money and buy bitcoins from what he is saving, in that way he would be earning some extra profit with the time because the price of bitcoin increases with the time. Yeah saving money in bitcoin is an really great idea as your saving will grow over a period of time as price will be surely higher in future which can give you good profits. To save money first of all you need to be able to have excess money. A lot of people out there can't have excess of money simply because they get exactly right about enough money to pay bills, food, basic expenses, then they are back to zero. Every month, without a escape from this loop. This is why in capitalism most of the old money remains in old money's hand. |
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in my humble opinion btc will never replace fiat its just a coin that can be not copied or faked but speed of trades cant occur good and with general aceptancy if this coin never reaches atm good or a site like paypal to btc and bank in all in one and besides most of fiat rules the world and governements do acept it soo its fiat first then pay pal then others then btc into 4th or 5th forever i supouse
The main reason behind stopping people from using bitcoin is that they have never heard about bitcoins and that goes to developing countries and the third world countries, where they are totally dependent on banking system and are not ready to accept the change or innovative things |
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We know that the price is not going to be $5000 soon but it would be nice if it happened soon because I would sell some Bitcoin right away.
I think that we need at least 3 more years before the price can really climb up to that.
I certainly hope it will go up that high. I'm pretty sure it will just keep going up and up but it's up to people and their greed to decide when to cashout or to even cashout at all. Personally i would hold onto my btc and wait it out while only cashing out when needed. |
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only if OP knew then that bitcoin will moon like now   You can also tell, We should believe in bitcoins because we are benefited in using it, not just we earn a profit everytime the value increases but by doing a transaction only with an amazing experience of having your transaction fast, secure, transparent and even free or low cost. |
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Since gamble site kindda risky, you can invest on your own for example if you have shop to handle, you can use it to expand your shop globally so you may have alternate currency. And if you have more, you can spend for help advertising your shop !
So far this is the suggestion that is convincing for me. But I would say that 1 bitcoin is not enough. Especially for plans like this, it is really not enough. why not as it wont take more amount to just advertise what you already have ! but you can still open loan service in this forum with 1 btc and earn good amount of interest from it 1 btc is quite a nice start to make it grow. Its either you start trading sell and buy and so on rotating it till it grows, or if you are a sports fanatic and bets on a team then try it on since the choices are few. |
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i think why people hate bitcoin because of scam .. because if ur loss ur money or bitcoin u will hate bitcoin because bitcoin is money not a toy
Some people hate on the Bitcoin because they are not making any money with it because they are maybe to impatient and they thought that they could make fast money with it. Now they keep saying that Bitcoin is dead and stuff but do not pay attention to that. |
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You are right, partly. A working currency has to circulate. Holding is against a working currency in the definition of capitalism. But at the current state of Bitcoin, it is good that many people hold their Bitcoins. Think about what would happen when everyone is spending the Bitcoins all day? The current Bitcoin design would be unable to cope with all the transactions.
Its not like I don't think who ever holding bitcoins will hold big fund, So storing of bitcoins has no problem in my point and it is up to a user. As you can store any other currency, similarly you can store and save the bitcoins. There is no harm in it. Investing bitcoin is also a better choice instead of storing bitcoins. |
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