I think HODLing it is probably the most profitable way.
I mean, investing it comes risks. There are lots of scams out there. You can trust in the bitcoin protocol.
Yes maybe the signature campaign played it safe ways to collect bitcoin or services if you have the expertise. Investments we must be careful and thorough so that we can invest properly. |
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If the price range we are in now holds leading up to and through halving, I think we will easily reach $800, if not $900 or $1000+. Will it stay at those levels? We won't know until we get there.
Considering the historical result of the halving day and the increasing awareness of Bitcoin, it is difficult to predict whether the price of Bitcoin will surge or maintain its stability after the halving of miner’s reward. Yes I hope that bitcoin will reach it because certainly I and we all will benefit. But it needs to be a process and I think it will be reached next year. |
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Well for me first you should explain how bitcoin works and how to have it and where you can hold it.. and teach him how to convert bitcoin in to real money.. if they see that bitcoin is money i think it would be interested..
The first course is to know how to let her know about what goes of bitcoin. then maybe you could say that bitcoin could be more than just real money mate. and you can also tell your friends. that they can take profit of bitcoin? I can say that he would be interested I don't have any doubt with you , the important thing is what bitcoin can give them profit or not. They will getting start to interest with bitcoin if they think that bitcoin will make some advantages for them. Yeah mate my conclusion is don't forget to say how profitable bitcoin and what the advantage of bitcoin that we can receive. Yes really explain the advantages bitcoin is very necessary for us to explain to them that they are interested. And I think bitcoin would have been very beneficial if used and used properly. |
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show all your money that you get on your daily living with bitcoin..it will serve as a proof that you are earning money through bitcoin, also show them your transactiions to make them believe in you
Yes it might make them interested in bitcoin. Sometimes some people do require proof that they trust. I'm sure with that they would be interested in bitcoin. |
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My plan is just getting rich by holding the bitcoin for a long term and also wait till the end of this year because of the fact the halving is coming and it will let the price rise for sure, I think the bitcoin has a very good future.
SO your targetting a long investment plan with bitcoin, it is also a great plan but if your planning that way, it is better to invest more bitcoins so that the longer time you time , the more money you can possibly earn. Yes very true long-term investing is very good for future savings that could be made we can get a lot bitcoin. It's a pretty good way to get rich with bitcoin. But we still have to be careful to invest our money. |
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Of course, I have no doubt about it, and even it would not be so strange to see a price approaching to the $1000 level at the end of this year since it is more than evident a slight bullish trend that could give us amazing surprises in next months.
YES now bitcoin price increase has already reached $ 600 might only need $ 200 more. But according to my bitcoin price increases must require quite a long time. Maybe it could happen early next year may seem. |
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It will make banks never disappear and the reason is that there are still a lot of people that is using their normal money so they have to know that he must make it more popular.
And Bitcoin is getting of course more popular but it is not that many used by everyone.
Bank is the basic necessity of majority of the society, and they need it to save their money and for day to day transactions, and will never leave banks even in future. Yes absolutely right banks is needed by many people to save money, because banks are not only for transactions but for all things related to money. And it was a very definite banks will never disappear and it was not possible. |
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personally I just want to avoid things that would not be unexpected, such as stolen, or disruption when we need.
yeah i think it's not a problem to use a lot wallet although it will give a little complicated. but the important thing is the safety of the wallet. Yes I think it is also not a problem but it is a bit tricky. But having more than one wallet would be good in my opinion. People usually use more than one wallet for every wallet that he may have had other uses for storing bitcoin they get. |
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I think need to show how to and also explain to student how it's working on practice. Practice and mistakes is the best teachers, any theory require practice.
Yes true it may be better to invite and told him to practice immediately. It would be better in my opinion because it would be easier to understand bitcoin. |
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Yes ofcourse it can rise up to $800 this year. My predictions may be a little low compared to other, but I would be pretty satisfied with a rise up to $800-1200 this year.
I am sure this will happen around halving, and not months after halving. Why? Simply because it's around halving everyone want to jump on the train. No one awnts to jump on the train when it have passed many stations.
Lets just hope we see the moon for bitcoin price soon.
I don't think $800 can be achieved in this year, as price rise is slow, its taking too long even to reach $500 so I think we need to wait long to see that price. Why do you think it will take more than this year to reach that amount? You know that the miners must be profitable right? And they wont be profitable when their production fall in half. So in order to be profitable, they must manipulate the market, and yes, when big miners or investors go hand in hand, they can easily manipulate the market. Just look at the chineese exchange.. I think we must wait until halving reach so we can predict graph trend for bitcoin value whenever it will be raise or not. About $ 800 , I think it's quite high value so it's impossible to reach on this year but going higher than current value ! Yes this year I also felt the timing was pretty and bitcoin price increase takes time. Maybe it could be achieved in the next year. But I believe bitcoin will continue to grow and prices will continue to rise. |
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As we know bitcoin is gaining popularity day by day but its imposible that banks could disappear, bank could just work under bitcoin or they could start bitcoin as a currency , society is dependent on banks and even though bitcoin could gain its popularity like fiat , society wont leave behind the banks:)
Yes absolutely right people will choose the banks due to any time the community will continue to rely on banks. Very hard to make banks disappear. Banks will continue to get help from the government so it is very difficult to disappear. Because if the banks disappear country's economy will weaken and it could also weaken the country. |
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I like that i can use bitcoin as investmen and also as currency and i think it will open for us many other opportunites in future we just need to wait when bitcoin will grow.
Yeah right once by using bitcoin we would be very lucky because we can benefit a lot from the various ways here that we can choose. There are so many that I like from bitcoin because I can increase revenue here. |
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There are multiple options that can be done and I think the best option its to fist explain it by yourself and than later on let them see video with explains of the bitcoin.
I thought to tell him in person and taught him directly would be better than using video. of course they will be more familiar with what you told us. but the problem is on time you can not serve everyon and teach everyone about bitcoin? Surely you have other activities right? Bitcoin teach someone could do in his spare time. As I teach my friends, I just tell the bitcoin we can get the money. Then he asked many questions and finally until now he is still using bitcoin. Money is the factor that can attract many new users to join the party as everyone wants to earn some extra money which can improve their standard of living. Yes true because money is the need for everyone, if we are communicating with bitcoin we can get money easily for sure they will be interested. And I'm sure there will be questions that make them curious. Yes everyone wants additional income which can take care of extra expenses so primary thing you need to tell them is that they can earn money with it. Yes very true average people using bitcoin definitely want to get the money. So by communicating with bitcoin we can get the money he would be interested and curious. Maybe if they needed they would try and be different if they did not need would have been difficult for him. |
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Still this thread is full of hopes that bitcoin will replace banks. Please think first some possible consequences if ever the banking system will be gone and will just replaced by bitcoin. That is really a serious problem so let's just enjoy those two.
I think that one day banks will be replaced by the bitcoins. But which will be that day? Thats the question Unanswered. We need to wait for this to happen. I think bitcoin will not replace bank. the wider community has been very trust banks, almost all the people in this forum have a bank account, it's because we all need it Yes very true we need banks to save money and transact. People also are familiar with banks for a long time and certainly very necessary once. So it is very unlikely banks disappear here. |
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Yes most of the chance are here, that bitcoin will go to $800, because you know in this year Halving is coming, so that's why the bitcoin's price will be touch at $800.
Yes we can see what's going on this year and I hope it happens. But I'm sure it will happen at the end of this year or early next year. Let's wait how bitcoin later. The increase in bitcoin very gradually and not immediately go up drastically so it should take. |
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If the Bitcoin's price increase highly after the next halving, that's could being real opportunity for Bitcoin's holders to get rich if they tried to spend good budget and buy nice amount of Bitcoins and hold it
Yes true if it happens we can benefit and we can get more bitcoin. But it needs to be the right time so we have to anticipate correctly. |
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There are multiple options that can be done and I think the best option its to fist explain it by yourself and than later on let them see video with explains of the bitcoin.
I thought to tell him in person and taught him directly would be better than using video. of course they will be more familiar with what you told us. but the problem is on time you can not serve everyon and teach everyone about bitcoin? Surely you have other activities right? Bitcoin teach someone could do in his spare time. As I teach my friends, I just tell the bitcoin we can get the money. Then he asked many questions and finally until now he is still using bitcoin. Money is the factor that can attract many new users to join the party as everyone wants to earn some extra money which can improve their standard of living. Yes true because money is the need for everyone, if we are communicating with bitcoin we can get money easily for sure they will be interested. And I'm sure there will be questions that make them curious. |
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i like almost evrything in bitcoin .. its fast transactoin and no need to go through pay charges unlike paypal and although im a newbie here i find earning bitcoins through signature campaign is best of all.
Me either, I like almost all how bitcoin works, how easy to send bitcoin to others and how fast a transaction is. But only 1 concern, I hate that there is no cancel option for sending bitcoin. Once you already sent it to someone you cannot cancel it. Yes but I think it's reasonable and nice. We should be more careful if you want to transfer to be delivered correctly. Perhaps frequent disruptions delivery is one of the things I did not like. The rest I really like bitcoin because I can benefit more easily. |
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If we see price higher then $600 at halving then $800 will be reached at the end of the year, totally depends on what will be the price at halving.
Yeah right and predict what happens very difficult. I believe bitcoin will be able to reach that number even more. But for the time until the end of this year I think, is still doubtful, because the increase in the price of bitcoin takes time and slowly starting to rise in price. Perhaps if this year I can not believe next year bitcoin will definitely reach that number. |
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We need to use it for anything that helps you with. Like online shopping, there are some stores that accepts bitcoin. But it depends on your location / country.
And the most use of bitcoin is many using it for online casinos and online gambling. But I don't recommend that.
Better to exchange it and use the fiat money.
Yes and you can sell your coins and convert it to fiat when price is higher so that you can hold more volume of fiat in your physical wallet. Yes with us using bitcoin we can get a decent income. So we can buy what we want with bitcoin. Some just save it and eased the situation that there is a direct use. That's right all of us. |
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