Bitcoin is not a bubble because the price now is pumping and if it is bubble then the scenario that will happen is dumping but now it is pumping and i think the price is now getting back to a high price and soon we will see a good price again and people will start getting into bitcoin again because of the good price of bitcoin again.
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Yes, i'm concerned for the chain split for bitcoin because it might affect the price and bitcoin because the community can be split too and some of the users of bitcoin might transfer to another coin and if it happen then it will be a huge price decrease and i think we should be educated for the possible scenarios that can happen.
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I think it is not that hard to buy bitcoin because you just need to create account on a wallet like coinbase then you can easily buy and sell bitcoin,litecoin and ethereum with that site and i think the only thing that is hard is finding our capital to buy some coins because they are almost very expensive for an average person who is earning below to average salary per month.
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I think the only thing that affecting the price of bitcoin to fall is the correction for the price and also the panic sellers of bitcoin that is most content of newbies or new investors or traders in bitcoin because they think that the price will continue to fall and the only thing to be safe is to sell, that is what they are thinking so the price is keep falling down.
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I am buying bitcoins right now and this is what i'm waiting for the past few weeks because i'm not surprised for the price now because it is very expected for me because there is a lot of price rally in the past and i believed that it will have a dump so now it is happening and i am accumulating the cheap bitcoins for long term purposes.
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Save your mined coins for long term and do not sell it now because the price of the coins are increasing and there is a higher chance that it will continue for this year. It is good if you just mine, save and observe the growth until next year and you can make your decision right away.
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I think the most safe way to double your money is to buy bitcoin and trade because you can grow your bitcoin there faster than usual and you can be a millionaire if you do good trades and hold your bitcoin for a long time. Bitcoin now is very high and that is the proof of possibility of bitcoin that you can actually turn your money into x2 or even higher.
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I think the only difference is, you can make more money in trading instead of investing because it is very easy to make money from trading if you know the pumps and dumps of the coin or if you were able to predict it so you can make fast money while in investing it is very low rate and you can earn slowly but in a safe way.
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Fiat will not be worthless because if it will become worthless then bitcoin will become worthless too because it is only depending on the fiat based on its price. Fiat will not become worthless even bitcoin reach $100,000 price because bitcoin doesn't affect the fiat and fiat will be always fine.
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I think it is both, buying bitcoins for people who didn't buy at a lower price and planning to buy bitcoin for long term investment while selling for those who bought bitcoin at a lower rate. But for me, the real moment for this time is to buy bitcoin and just hold it for long term and do not sell until the price reaches your dream price.
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The best investment that i have made so far is bitcoin because i bought by bitcoins at the price of $1200 and it is already doubled right now and i believe that the price will continue to rise so i am confident that i will hold my bitcoins and continue believing and patiently waiting for the price to be tripled since my purchased price.
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I don't agree with bitcoin bank because it is like destroying the bitcoin because bitcoin is not for storage, it is for usage and people like to use bitcoin as a currency and not an asset only that need to be stored for safety. Bitcoin bank is such a bad idea and we should be not developing like this because it is all against the real essence of bitcoin.
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Bitcoin is better than gold because of its fast growing price and now it is already more expensive than gold so if you will choose what you will buy then you will just buy bitcoin instead of gold because you can easily get more income in bitcoin rather than gold that very stable yet, slow profiting process.
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Why we should not sell our bitcoin ever? How can we enjoy our profits? I think this is such a bad idea for not selling bitcoin because how can you spend and enjoy the money that you made in bitcoin if you will not sell it? You need to sell it because not all the stores in the world accept bitcoin.
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Yes, you should buy a house because that is worth to spend your bitcoin because that is when you will enjoy your life and you will not be worry about having a good house because the price of bitcoin now is enough for you to buy a house if you have at least 10 bitcoins in your bitcoin wallet. Just buy a house and save the left amount or invest it.
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Be realistic, the answer for that is yes. There is nothing that will stay forever even bitcoin will die and be replaced by another good coin. I don't think that after 50 years, bitcoin will still be the king because it will die because of high mining difficulty and lack of attention in the market.
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All of the currencies that are available in the world are always used to do illegal activities because that is how the criminals will earn or have a power to buy something that can help them to be a stronger criminals and i think there is nothing to be surprised because even in the past money is already used for this kind of bad activities.
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Holding of gold is more like being stabled and not that high earnings because it is for long term as in very long term to just earn good amounts while if you hold bitcoin then you can earn up to 50% in less than a year which is very good rate for an investment and a competitor for gold also so i think more people will use bitcoin if they discover it and more people will invest in bitcoin rather than gold.
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I will sell my bitcoins if i have at least one because i think that selling bitcoin now is a good idea and building our own business offline is the best because i believe that holding bitcoin is risky because we can't know what is the price for the next few days or weeks so it is not that safe unlike having offline business that you are the one who will manage and watch it grow.
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I think to increase your bitcoin, you need to take a risk and invest it on a website that offers great investment and if it is legit then investing there is good. Another place where you can grow or increase your bitcoin is to do trading and a lot of people already doing that and they almost getting good results except to the newbie traders.
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