I am asking this question for my knowledge as I don't know the real fact as a newbie, We know that Bitcoin has limited supply compare to new altercoins, As the supply is not too big, Bitcoin price has become very high, My question is ,Is it impossible to increase the bitcoin supply mining new bitcoins further more ? Thanks in advance
We should let it this way . In my own opinion it is better to leave it as it is becauae it will affect the flow of the coins and it will cause deflation. And 21M is the maximum supply of bitcoin only. |
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Everyone of us might be gone then but bitcoin survives.
Probably, our name will remain but bitcoin is still having its name and still kicking to the highest level of its value. No one knows because it is hard really to predict what might gonna happen because it is cryptocurrency . But I believe it will go that long. |
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There other better coins already out there but bitcoin was the first to market and the most well know .Also most of the cryptos systems run on it sort of like a gold standard
Yeah I agree, bitcoin is better than other coins because it has its name alreay and been there for a long time , as the number 1 cryptocurrency . And there are so many coins thats been made but theyre gone in a short period of time while bitcoin stays and growing fast. |
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So 2017 proved to be the best for the bitcoin till now but still the great Officials of many companies are busy in predicting the greater roadmap of btc in 2018 and so on so will it be possible for bitcoin to go more and more high ?
I do believe that bitcoin will still go high in 2018. Because as of now it is unstopable. No one can predict but my premonition is that it will continue to increase its price. |
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bitcoin may die when the internet in this world dies then no international trade is now rampant so for now I still think that bitcoin will continue to exist
True, yeah bitcoin will only die if there is no internet in the whole world because as we can see bitcoin is rising high at this moment. No one can stop it as of now because people have a trust on it. That's why the value is getting higher . It is very impossible to die. |
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Nobody know whats going to happen. but my expectation is after newyear crypto in its whole will go back up. lots of people trying to enjoy the holidays.
2018 while be a rollercoaster in my opinion
True, nobody can predict what really will happen in the pricw of bitcoin but now its rising again. But this is cryptocurrencg so meaning it ia volatile there ia no fixed value but at least in bitcoin, it is really impossible to fall down really low . It may decrease at bit but it increases really high. |
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it will grow up and sometime it will crush your money. looking for healthy public opinion
Because it is cryptocurrency. Its is volatile. And i think everyone knows that already that is why we need to study and monitor the price or value of every coins we are holding to know wether it ia for keeps or not but in case of bitcoin , I believe it will continue to be the number .it may fall a bit but will rise so high. |
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Investing in bitcoin is a risk, as the value can crash tomorrow.
I'm holding too so far, I believe in what bitcoin represents, so I'm taking the risk. Don't invest more than what you can afford to lose however, but if you can, you should buy more.
Also have a look in other cryptocurrencies.
Every investment is risky. It is just like when you are starting to put uo your own business. It might gonna fail or earn an income. Yeah, it ia true, invest only the thing you can afford to lose so that it is not really ha4d for you to accept when it doesn't work. But I believe in bitcoin.i believe it will continue to rise. |
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I started 2017 broke and with a very low wage. My girlfriend also broke up with me in the beginning of the year.
Although I had committed some trade mistakes I was able to get 400% gains, thanks to btc. This gave me hope and made my year a lot better.
I wonder how many people bitcoin "saved" this year, even preventing some suicides maybe.
Inspiring story. Good for you . In my case , I experience last november when I lost my job and went home to my home country without any savings because I didn't prepare for it but because of bitcoin I've got to have money to spend for my daily needs while I am jobless. Now I am back to work and still doing bitcoin, that is how I am thankfuk that there is bitcoin during the times I have no one to run to. |
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i think bitcoin will rise again,up to 1M in december hahaha,because last year bitcoin rised to 1M in december.
For me, it is possible. Because as we can see the price. If we study how the price of bitcoin goes. We can say that it is possible to happen, as of now it rises again. It fall a bit but it goes back again to its highest price. So i believe one day it will rise into a million ,not only in december but in any day. |
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No Paper work. all you need to do is. Any age can accept Bitcoins within minutes. There is no ID card, passport or proof of address that all conventional banks required to open an account. All you need to do to start sending and receiving Bitcoins is to download a Bitcoin Wallet program and generate a Bitcoin Address.
I do agree with everything you said. It also has given me an opportunity to earn money without investing a single penny and without working in a company, in short I am.earning money without a boss to serve. |
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Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
It is quite acceptable and also it makes sense on thinking about those scenarios, but not on the statement that it would make it obsolete. Bitcoin has already established itself in terms of reliability, trustability, and reputation for almost a decade. And I think a competitor won't be able to destroy all of that and make bitcoin obsolete. Bitcoin is the pioneer of this incredible technology and replacing it will take a very long time for sure, or maybe we are wrong and it is unreplaceable.  . Yes i agree with you. Bitcoin has its name for many years and it is considered as the king of cryprocurrency as it is the number one cryptocurrency for a long time. So I dont think bitcoin can be replaced by some other coins. It gained the trust of people that is the reason why it became number 1 as people keep holding it for an investment. |
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I'm wondering why bitcoin was made if there are too many currencies in each country, why would anyone add or make a type of currency in the internet? For easier and faster transactions or so ?
I don't think bitcoin is dangerous because the government allows it. Just like in our country bitcoin is legal and itbia being supported by our government so if it is dangerous why our government allowed it? And also how can it be dangerous if its helps us financially. We are not stealing anyones money here.maybe ut is a bit risky because cyrptocurrency world is volatile , the value of coins may change and dump drastically but that never happened to bitcoin. |
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Waiting is not need now to invest in bitcoin and people keep on investing in bitcoin and fain profit. If peopel invest in bitcoin now people will get profit in comming future as bitcoin is accepted to reach heights in prices in comming future.
Invest I think because for me I believe that bitcoin will.only increase its price double . I mean as we can see we started only in how many dollars,for example, me I started bitcoin a year ago with only 400usd the price of bitcoin but now it reaches to its peak 17 ans above and speculation is it will increase more and more as time goes by. So invest for yoyr future. |
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I do not think that cryptocurrency can make real money that we always use every day dissappear it's really imposibble. Mostly people around the world use this money to transaction every day. Maybe this is just for cryptousers can make real money dissappear in his life  . I don't think cyrptocurrency really can make money disapper , same with you. As money or cash we can use it everywhere anytime of the day or night while crypticurrency like bitcoin can be used only used in some groceries who acknowledge bitcoin. And also we can only use it when we convert them into cash. So we still need cash or money gor our daily lives. |
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That is nice to offer bitcoins for like charity and so forth. I know there are some well established charitable companies that will take bitcoins as donations. Now the issue i worry about is the fact that most of this organizations that i spoke of might not know how to properly handle bitcoins so they might sit on them till some accounting person noticed them. That i fear would make my donating to a local cause like hurricane victims a long drawn out process.
IF i have more than 1 btc why not. Yeah it is nice to hear that that someone will donate some of his bitcoin for a charity .it is a generouse deed. A nice gesture. If you sharw your blessings you wikl get more blessings. So happy to see people's faces happy because you helped them in a small way. |
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if you think that bitcoin is garbage , maybe you should read more about bitcoin , dont say bitcoin is a garbage , think it , if bitcoin is a garbage , you think some millionaire will invest at bitcoin?
bitcoin is a garbage? nope, impossible..
Yeah true, it is ridiculous when people say that bitcoin is garbage. Don't they know how much we earn in bitcoin and how it helps us financially ? To those who said that bitcoin is a garbage. I dont think they know what bitcoin is. Maybe one day they will realise their lost for not believing in bitcoin. |
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and what have you purchased with your returns
I cashed out like 1500 usd already. I sent it to my family to help them financially and some I used it when I resigned from my work. And some I save it for my future. But this time I will keep it as an investment. It is really a big help for me and for my family. |
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If there is a big drop with Bitcoin, I think anyone will buy and hoard in large numbers and wait. However, this will not happen until the moment when Bitcoin prices are very high and may increase in the future, so it is unlikely that the price will drop dramatically.
I agree with you. I don't think the price of bitcoin will drop down to really like littla value. As bitcoin has earned people trust for a long time. If ever it will drop down, I think people would buy and invest more in bitcoin as people believe it will increase again to its peak. So its time for people to buy. |
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No one can really tell what might gonna happen to the prices of coins because we are in cryptocurrency world so it is volatile. I don't really know why it will increase its value during Christmas holidays. I Hope it will.
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