Bitcoin is a good investment because
1. Price is looking strong
2. Bitcoin have recovered quite nicely from that big dump happened few months back
3. After the price touched 1100$ it came back to 700$ but the price became stable now at 900$+
All the facts show that bitcoin will always remain a safe place to invest into.
As long as people interested with bitcoin, it's price will always go up because the limitation of the amount will make the demand easily increase. Bitcoin good investment because that reason. Also see the daily sites which are coming up on daily basis which involves transactions in Bitcoins. Gambling and Porn Sites fully recommend Bitcoins to a payment method. All These things will make bitcoin the best online currency and for that reason its price gonna increase very much in the coming days. |
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Whatever the reason for price hike is,I think this has and will attract more and more people to bitcoin in India. I am now seeing article and news published in local dailies on regular basis.This reflects interest of Indians in bitcoin and this is a good sign  India is the biggest market in the bitcoin usage after china and US. Currently devalue of Indian currency and banning of high value notes have made people to think something more reliable than their own local currencies and the best option available for them is to invest in bitcoins. |
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everything you said is 100% correct, I can't dare to deny them. but the main question is "How to use bitcoin in those shops than"?
when we decide to use bitcoin to shop we again stuck on that point that we need to exchange/convert bitcoin to fiat or we have to load our credit cards to use bitcoin..
I agree that bitcoin is the sulotion of these problems,.. but how to solve the problem of not usable of bitcoin.?
We need to find solution to these problems. Rather these are not exactly the problems and there are work around available for them. If Bitcoins are accepted in that particular store and store management accepts 1 confirmation, then most of the problem is solved to much extent. |
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Yes I own a few BTC and expect 2017 will be a great year for bitcoin. More business and service will adopt it, more people will discover it, the price will soar as expected With every passing week and month in current year, we shall see new bitcoins accepting companies and businesses. More the people uses bitcoins and buy them, the demand will increase and so will be the price will soar up, more than expected i guess. |
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Interests in Japan, India, and some parts of Europe might support the current trend if something bad happens in China.
China is not only responsible for Bitcoin so popular. It has gained interest among people all around the world and one country (even if it is china) getting akwards towards bitcoins will no longer means bitcoin is dead. Bitcoin is now the most emerging currency of the word. |
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We know that bitcoin is strong and all the wallets have milletry grade security but one of my stupid friend today said that maybe someone can hack it with just a calculater because with math and correct formulas we can even predict gambling bets if that is possible then maybe there is any chance of this
Bitcoin is getting more strong and securely because of it's getting popularity in the whole world and everyday they increased users that want to earn in bitcoins because it is the best of all jobs in the internet and the price of it is getting higher and higher  Yeah, its easiest to pay on internet via Bitcoins. Soon you will see paypal, perfect money and all other online payment methods getting less popular and people getting only bitcoins for paying and accepting online. Its not only easy but instant too. |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
Save it in your bitcoin wallet is same as investing. Because we all know that year by year the bitcoin is growing and growing, So by saving your money in your butcoin wallet it will grow to. So I will suggest that if you will not or nothing to spend wth that money just save it in your bitcoin wallet and let it grow. Yeah, only holding the bitcoins, it is better way than investment wise. Because in this way, our bitcoin would be save, and automatically price grow up and whenever, we like to sell them, No problem in it. Also in investment, we should give our bitcoin into other hands, where we have trust. So definitely on one like to give their money into strange hands. |
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In my thinking, it was good when bitcoin cross $1030, but it is impossible that bitcoin continuously grow more than it, because all people who are holding the bitcoin they fell insure to hold it, more time, that's why they have been started to sell their bitcoins, and in the end suddenly bitcoin price come down. But it is digital currency and up and down always remain with bitcoin, we can't say that bitcoin always going up and up. Also i think in 2017 bitcoin will have good position.
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Many time, this question also come in my mind, Why Nakamoto created Bitcoin?
Than i think reality is that he want to create something new, and now it is time of internet. So may be he choose internet, and on internet, every work only get success when people earn to money, Than definitely he will prefer to crypto currency and that is Bitcoin.
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Investment wise, i suggest you, don't use your money in any investment sites, without any investigation. Because i have a bad experience of online investment sites. Secondly, if you know altcoin trading, than should buy any coins, which you like and hold them, But i think bitcoin is best coins, to holding wise.
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I have read many threads like this. But after all, in my view, trading and gambling only same on one point and that is both are risky, Its mean our money on the risk. But personally both have many differences because gambling is a game, and it make because people make fun from gambling and trading is a type of business.
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Is the OP still updating the list? I visit this thread sometimes to see if there are some new websites that you could invest with. It is hard to find those legitimate websites that you could trust your coins.
I receive lot's of emails from various sites claiming to give double or more returns on bitcoin investments and 99.9% of such sites are clear scams (When I cross check such advertisements). It's really difficult to choose right or at least trusted investment opportunity to earn good returns on the investment. We need more trusted sites and awareness too. From my experience there will be no such investment opportunities are existing in this world. 100% all of them will be a threat to your hard earned money, never trust any of them. Instead of risking with them, my suggestion would be just letting sleep your bitcoin would be the best decision. I think the only people who do not dare to take risks just let their bitcoin wallet, I think investing would give a greater advantage than you just hold your bitcoin wallet, but it's your choice Risk taking is not everybody's game. and taking risk of bitcoins by investment in different scheme is only the game for the rich. Those who are not so rich cannot afford to take such risks and therefore the best thing for them is to keep them save in the wallet. |
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Hey guys, I have been looking into altcoin. All of the PoS coins here are premined, so I can't really find out the answer to my question.
PoS requires no mining AFAIK, so how is the first block generated, since no one owns any coins (since none have been created), how do you stake the first block?
Basically, how is the genesis block of a PoS coin created?
just my knowledge, im not master in blockchain, POW, POS, POK etc. in POS coin the owner will be mining first block, then his premined coin will be sell in ICO (or hardfork from other coin) then all owner of that coin can mining use POS system. in other case, the coin can be mining and have interest rate (POS) too. I think PoS coins are not meant for mining in terms traditional mining. They get staking in the wallet once the wallet is online and you get daily staking rewards. In this way PoS or staking coins work and they dont require big hardware for staking unlike mining coins which need high specs machines to mine the blocks. |
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Ok today is 20 January. Today there will be a fall in Trump's markets and the next great opportunities are first: BURN and second CSH. My advice: Take action early and close with profits early and then invest in BURN for example, the next pump. Remember the winner trader is fast... The winner markets today will be: First, BURN and the second CSH.
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There will be no significant differences between holding gold and btc.
The very simple and clear difference is if you hold gold you can be more satisfied as you wont need to be worried if the price will decrease or anything like that might happen while you may not earn too much profit in that. But if you are holding bitcoins then you will be quite worried as it is volatile but at the end you can comparatively earn more profits than gold. This suggestion has been given numerous times on this forum. What i feel is both the options are good in some way or the other. What i will suggest invest in both of them and hold both of them too to get the benefit of Gold + Bitcoins. Of course first you need to have a lot of Fiat to buy considerable amount of Gold or Fiat . Keep Both |
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Another reason why Bitcoin change more than traditional currencies is due to it's preceived store value. Bitcoin has properties that maybe similar to gold. Since the developer of the core technology limit the production to a fixed amount of 21 million and differs to fiat currency which is managed by government to maintain low inflation,as economies built with fiat currencies show signs or weaknees and Investors may invest more or less into bitcoin.
I think so. because of the limitation of bitcoin, it makes the price does not stable. so when there are a lots of demands and people buy and sell using bitcoin, the price will increase and so the opposite. while traditional currency is probably controlled by a community, but bitcoin is controlled by bitcoin users. Bitcoin has very less number of users as compared to FIAT. Also Bitcoin does not adhere to geographical boundaries. What this means is the government as no control over it and they cannot manipulate prices as they do in case of FIAT. Because of all these factors and many others, bitcoin price can never be same and stable. |
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I want to answer the question above (the title of the thread) though my answer maybe already answered by others, I guess it is okay to post it on my own words.
So personally I really want and prefer to invest my money than to save it on my own pocket, because on investing you money you let your money grow, you let your money generate and make profit on it while its value is increasing too, while in just saving you money in your pocket I guess cannot help you to make more money on it.
I agree with this men, it is better to invest it so you gain profit but the chance of losing it is beside you too, so make it a half half, half for investment and half for savings. It is better to be wise. Keep all save or keeping all investing may be risky somehow. So i will go with this strategy. |
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The best option is to convert it into USD
Then again by BTC with that USD when the prices fall.
In this way you can have profits and just profits and no loss.
By far this is the best method of increasing your money.
Well in the near future there can be better ways to earnBTC
/Increase profits.
Very nice but better have a P2P because you will get a higher rate than the fixed exchange. Also been keen and vigilant and see when the btc price go up so you dont miss the chance. What happens mostly is that BTC price go up for very small period and we are unaware of it to get the maximum benefit from changing prices. |
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This is the most difficult part of trading and that is what is keeping a lot of people out of trading including myself because losing money is not something cool at all. But the real part of trading that I will want is that I don't want to start with losing, if I can start with winning then I can manage any loss that will arise afterwards. The right crypto to go with is now the problem even the bitcoin itself now deserves more attention.
I think most users who try to venture into this market, do this because they need a way to make money on a daily basis. The problem is that, it is not possible to make a profit in this market every day. Sometimes it takes weeks to appear the opportunity of a good trade, because there will not always be opportunities where the level of risk is acceptable for the reward potential. I think the hard part is to identify such opportunities when they appear, and avoid taking unnecessary risks. The fear of losing is normal but you will not be comfortable when you are taking risk when you cannot afford the amount you use. Our chance to be profitable is when we make the right decision that coincides with the outcome of what we are venturing. Most of us are traders here and we understand that not all time we can predict the right price movement, but with continues study we will surely improve. Fear of losing money is not easy to overcome especially in the cases where one has already lost before. I once lost big amount in gambling and now i dont feel comfortable taking another such big chance. What it means is that i have a fear and it con only be overcome if i again take the chance and win. I will not be able to take chance again as i cant afford to lose again. |
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The whole issue of confirmations has to be given attention if bitcoin is ever going to work like normal money. There are just no 2 ways about it.
Confirmations is not a big issue. Transactions can be confirm on single confirmation and no need to wait for 6 confirmations. also if you have live system, you can check the hash which is instantly generated and conclude the transactions. Perhaps we can get much easier and faster way in future. One thing for sure, Bitcoin will be the next Global currency of the world. |
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