i will choose 60% of assets in gold, and 40% of assets in bitcoin. I think gold is much more stable and less risky
That is the correct thing to do, diversifying the investment is the key to success, as gold is older as compared to bitcoins and people rely more on gold then bitcoins, So it is better to invest in both as if you incur loss from one you can recover it from the other investment that you have made. |
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I have some disposable funds right now and am wondering if it's the right moment to buy because I keep hearing rumors after the halving the price will surge to new heights.
This is not sure. The last halving nothing happened to the price. Do your own research and then decide whether it's smart to invest or not. Exactly, take your own decisions and do not listen to the people around you as it is your money you have to decide whether to invest it or not, and believe that investing in bitcoin at a moment is the right thing to do, as I total believe in bitcoins that it would survive for many years and make us rich in future. |
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LOL. In generally it's better time to take risk in investment how much you want now in bitcoin. Because the price is little fine now it's better to invest to buy bitcoins but no need to invest trading, loan or other stuffs.
The price is not fine right now. In fact the price has a huge increase and most of us witness how huge the price could be, some people are not willing to get into bitcoin because of this inconsistent price that keep swinging so most people dont really invest their money in bitcoin That is so true. Right now the price is a little bit high to say the least. It's better to wait a while longer to see what will happen. Yes but it is still a right time to buy some bitcoins and hold it for future, as it is said that bitcoin value would go higher in coming months so even if we buy at a moment we can enjoy profits in next few months, at present I am trying to collect as many coins as I can and keep in cold storage without touching it. |
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Depends on your retirement idea, how much you are planing to spend, and of-course where you live. I think I'm old enough in that time. You don't need too much, may be 30 BTC($10k each) is enough for your retire life after 20 years.
Generally for the common person 20 bitcoins is enough for the old life and according to price rate at that time. If you have more dream after the retirement means sure you more than 50 btc. It's upto the person Yes it totally depends on your lifestyle and the country you are living in but holding 50 btc would be enough at the time of retirement if the price of bitcoin is descent at that particular time but as future is uncertain we cannot be sure what would be the price of bitcoins at the end of 20 years. |
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well if i had to tell the future of the bitcoin i think it will be with a high price and it will attract a lot of people who would be interested in buying a lot of bitcoins
The higher price of bitcoin and the largest user base of bitcoin are interlinked. Each one attracts the other one. Yes, if price of bitcoin goes higher, it will attract more users. If bitcoin attracts more users, price obviously will go up. So, there are lot of possibilities for bitcoin becoming, more popular and higher valued. Yeah it is getting more popular day by day and there is significant increase in the customer base of bitcoins and that is good news bitcoin community as there are more users the price of bitcoin will go up and people will have more faith in bitcoins if the price of bitcoins becomes more stable. |
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I think I will have over than BTC1 right now if I always save it in my wallet but sometime I spent some before reach BTC1  Yes getting tempted on seeing higher amount of bitcoin in our wallet, is the problem I'm also facing. That is the reason I still struggle to have one full bitcoin in my wallet. MultiBit, simply shows equal the amount of USD for our bitcoin, which may be the one of the reason I do get temped to spend and still I'm not able to have one full bitcoin in my wallet. That's sad, I have totally earned more then 1 btc till date, but the problem is I never had 1 full btc in my wallet as I keep on spending, so have earned good but it is difficult to have 1 idle btc in wallet, I am sure everyone would be having same problem we earn but we also spend when we need money. |
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I will hold my bitcoin until the price is above $400 except there's a thing that i must have, then i use my bitcoin. It would go much higher then $400 but its good to hold at a moment as the price would surely go higher in coming months, So we need to have patience and keep our bitcoins safe in cold storage and wait for the right time, I am holding my coins for the same reason, I would sell my bitcoins if it reaches $500 mark. |
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Because bitcoin price will eventually skyrocketed high, that can be used for investment in the future.
Maybe with that you can buy things that you need in real life.
many people are not concerned about the price in future, rich people will think for a transaction convenience, what do you think bitcoin has it? Yeah it has that feature as you can transact 24/7 with bitcoins, no banks will provide you this feature, and bitcoin transactions are very easy and transparent, so if people focus on it in a proper way, then there would increase in the customer base of bitcoins for sure, as bank fees are too high to afford. |
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Both, only because you need Bitcoin holding to grow. Then you sell it and put the earnings in the bank to gain added interest.
yeah both is good, but here the choice is the bank or the bitcoin wallet you have to choose one, if I am, of course at this time. I would opt for the bank, because I can use it for any purpose, in contrast with bitcoin which is still limited to use That's true, but I would surely choose bitcoins over bank, as there are no public or holidays when it comes to bitcoin transaction, I can transact at any time, and when it comes to bank we need to follow their rules and regulations, pay them fees etc, and I don't have control on my money if my money is with bank. |
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I think it would worth it as an investment, price can go high and can earn profit but can lose some % if the price goes down.
Even if the price goes down, we can wait again for the price rise as we know that bitcoin keeps on fluctuating, and it would go higher in next few months, so you can sell when it is giving you some profits, and again wait for the price fall so that you can buy some more bitcoins and hold it for the future. |
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I gather that Barclays accept Bitcoin to assist charities to receive donations. They use a 3rd party to exchange the coins though. They have a small department to promote this service. No doubt it will expand in the future.
That's good but in my country no bank accepts bitcoins and I am very sure the scenario would be same in the future, in my country banks would never come in support of bitcoins, as banks are aware that bitcoins can be threat for them in the future, banks are more powerful and have support from people and government. |
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I've lost a total of 15 btc in all the gambling sites i played before.
But before that I already won on the sites. then i become greedy,
wanting to win more and more. in the end i lost it all.
Its a good lesson for me. As for now, I dont gamble much anymore.
And earning little by little and also in trading.
Well kids, the moral of this guy story is DON'T GAMBLE 15 BTC? wow, thats a lot of bitcoin you use for bitcoin. If you won once,then you'll feel addicted to gamble Yeah addiction begins when you win at a initial stage, so if you are gambling for the first time and if luckily you win it makes your over confident and greedy and you start believing that I can win more and at the end of day you loose everything and that is common thing when it comes to gambling, if you want gamble, then gamble for fun don't make it an addiction. |
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yes it is a 'real money' because it almost full fills all my wish and the wishes it cant fullfill is due to rest of the peoples dont know about it or dont belive in this. but if they also use it ( like they are beliving and using the faint ) then i am sure all my wishes will be fulfilled i can buy candies with bitcoin from my local shop and i know someday it will be true i am waiting for that day and i hope many peoples are waiting fr the same day it like proving for our existance..yeah we are the bitcoiners and one day we will rule the world i mean with friends :p
Yes if you can buy real things by using bitcoins the bitcoin is a real money, as I use it for online shopping, online transfers and I am getting money in the form of fiat by converting my bitcoins then it becomes real for me, the only thing is that I cannot hold bitcoins physically but if it is taking care of my needs then it is real. |
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lack in Ease of use is one of the things preventing people from using BTC, now with a credit card you simply do not need to do anything but hold the card and pass it in a device, BTC require a little more, also it's value is not stable to USD but floating which is not convenient for your typical money transmission method.
Ya right and people are used to credit cards as they are using it since long time, and for them using bitcoins is something very new, and as they are not aware about the bitcoins they will not use it, but people are guided in a proper manner then they would surely start using bitcoins, lack of knowledge is responsible for it. |
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I am personally concerned that it will jump through the roof and I will not have enough purchased so that I can ride it up. I think that this time when Bitcoin jumps in price, it will make a few millionaires. I want to be one of those people, I just do not have enough at this time to make a dent in my goal if it jumps right now.
Of course the price is the biggest concern right now as we want that the price of bitcoin should go higher and should be more stable as compared to the past, if there is price stability then people will have more faith in bitcoins, as the price fluctuation distracts people from using bitcoins. |
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I usually go around the lending section and see if I can give some trusted loan with mini profits on the loan.If I'm bored I gamble with a limit or usually but buy around the bitcoin accepting shopping websites .  Yeah that's good and it is very difficult to keep our bitcoins idle, I mean it is simply impossible that you have bitcoins in your wallet and you are not using it, I don't have any idle btc with him as I actively spend my bitcoins, either for converting to fiat or on gambling sites, and keep on multiplying my bitcoins. |
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future of bitcoin is that bitcoin will be used as the main for purchasing from online, all online products selling sites are going to make bitcoin as their payment option.
I cannot wait to be able to buy goods at a variety of sites online stores with bitcoin, I want to buy a drones on ebay with bitcoin Don't worry bro, the day will surely come when all websites starts accepting bitcoin as a mode of payment, bitcoin still need some time and support from the people, bitcoin is getting more and more popular day by day so we just need to wait for the right time. |
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Im quite curious about how bitcoin is going to be accepted in 10 years.
I wonder why 10 years are required. Bitcoin will replace PayPal, Western Union and gold with respect to different applications to each of them. When considering bitcoin like an investment, it will give more returns than gold. Already bitcoin can be transferable across borders. This way bitcoin will replace gold to become the global currency of the Earth. You meant, just replacing gold is enough to become the global currency of the earth? To become global currency of Earth, bitcoin just in need of more people must be using it for their daily needs. It seems again very simple task for bitcoin ecosystem because bitcoin has all the required futures to be used on daily needs. Yes and it can become global currency only when it is being used for daily needs, as we want that bitcoin should be accepted everywhere and everyone starts using bitcoins then only it can become a global currency, and it totally depends on the adoption level of the people. |
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I will continue to hold to see higher prices. but I rarely make my coins idle in the wallet, the better I used to invest in mining.
Either invest or use it to convert it to fiat, don't keep it idle as it won't serve the purpose of holding bitcoins, we are here to earn money and we should earn it whenever possible either by selling a part of it and making more or investing it so that we can earn good money in future. |
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i will answer no because i don't have enough money for buying 1 btc now
but if i could be back to 2009 i can buy more than 100 bitcoin and keep it until this year
Don't worry mate, you would surely have 1 btc in your wallet, here maximum people don't have 1 btc in their digital wallet as the people who are earning from signature campaign can't really reach to that amount in a short period unless you are into trading or gambling. |
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