|
See both are similar in some sense,
But they are very different from each other.
See trading and investing both are important.
I mean this question sounds like -
Which one is good eating or drinking.
I mean both are essential.
In order to make money you have to be a good investor.
But trading is an essential part of life-
I mean you trade every single day-
Consider you purchase a bread you trade with the shopkeeper.
So you can't compare both of them at all.
|
|
|
|
|
See usually I can't directly invest bitcoin for any offline business.
But yes there is always a scope of
Converting your bitcoins into Fiat ,
And then using them for offline business.
This is because eventhough it has gained a lot of acceptance,
But still many platforms don't accept bitcoins.
|
|
|
|
|
See trading and investing both are a form of spending money.
But trading is very different from investment.
In investment you look for long term benefits,
Where as in trading you spend money for the ,
Immediate resources or commodities you want.
In investment you can become a billionaire form a millionaire.
But in trading this doesn't happen.
|
|
|
|
|
See it is a very ambiguous question to the ,
Hardcore investors present in the market.
I mean both gold and bitcoins are good form of investment.
They both have their assets as well as liabilities.
So you can't compare both of them directly.
I know many are excited with the success of bitcoin in such a short period of time,
But owning gold is also equally worth.
So you can't compare them directly.
|
|
|
|
|
Yes the market swings indeed play a vital role ,
In the best time to invest.
Like now the prices are low to it is a blessing in disguise,
For the long term investors.
What I suggest you is that these small scale market swings will keep on occuring.
Don't get so much carried away by them be smart while investing.
|
|
|
|
Unfortunately, there are no services which would guarantee a good earning bitcoins on the Internet. You can earn a penny. This will not affect the spread of bitcoin. Think the price will fall further. Market conditions such.
The future bitcoin in my opinion is very vague, and I do not think that all the predictions about the crypto currency will be fulfilled in full. Already today one can say that despite the anonymity of bitcoin, large users are manipulating the rate of earnings on the difference in price. But we are seeing good indicators of bitcoin growth. Yes we have witnessed a good growth of bitcoin in last 12 months but at the same time the recent price slump is bit alarming about the stability of bitcoin and if bitcoin gets stability then its value will be increased by leaps and bounces as it will attract much more big investors but i think regardless of stability bitcoin will be widely used because already there are some big whales who have invested into bitcoin and have started to promote bitcoin and also some eCommerce site have started accepting bitcoin. Yup, indeed very good growth bitcoin for several months now. But for a price reduction, it is not a big problem. because it is not always the same price bitcoin or stable, so the bitcoin can go up and down depending on demand that is happening in the market. Nothing to worry about, as long as we can still get the advantage. for we cannot forever use it without benefit.Better to focus on the things that will make us get much advantages rather than thinking of things that are not necessarily happen Up and the downs is normal for bitcoin as if it is only basing on the supply and demand in the market. As of now it is going down since there is more sellers than buyers and they are more like people who want to be safe and they just want to secure their profit because of the upcoming hardfork that might affect the price. But i don't think that this is a bad sign for bitcoin because for long term investors this is a great time for grabbing this buying opportunity. Yes I totally agree with you. Intact in any form of investment ups and downs are quite obvious. They totally depend on the condition of the market. And the type of the large scale investors present. Event though bitcoin's price has fallen. But still I has kind of been stable around a fixed value. And definitely it is a great gala time for long term investors, Because I don't think bitcoins price will fall any more. |
|
|
|
|
It is not so easy to teach kids about bitcoin formally.
I mean in schools it would be really difficult because
Most of the governments even now oppose the use of bitcoins,
In place of their national Fiat currency.
So they won't allow the school to have bitcoins as a part of their economics course.
But yes we can definitely promote the use of bitcoins informally to set an example in front of them.
|
|
|
|
|
It may overtake dollar.
But I don't think it will ever replace dollar.
Moreover 15 years is a very short period of time,
for such a thing to happen.
Eventhough bitcoin has gained a lot of acceptance with the passage of time ,
But I don't think replacing the dollar or any other Fiat is easy.
But yes with in few decades it may be used more than the Fiat currencies.
|
|
|
|
|
Yes it is true,
With the passage of time bitcoin is Definitely becoming a global Currency.
I mean the number of bitcoin users have increased drastically.
More and more trading platforms have started accepting it.
But no one knows what the future holds.
|
|
|
|
|
See if you mean to ask if bitcoin will last longer or not,
By asking about it being future proof or not.
Then I think that it will last longer.
It may even become the most used currency in the world in some time.
Until there will be some technology invented better than it.
But you can never predict something,
Because the market is very volatile.
|
|
|
|
|
See I think it is totally requiring luck as well as experience.
If you predict the value and it is correct.
So then you earn such a good amount.
But if the predicted value is wrong then,
Your invested money is also lost.
So it requires luck as well as experience.
But experience will Come with mistakes,
So you can definitely start it.
|
|
|
|
The bitcoin vs gold debate has raged on in investment circles since bitcoin has entered mainstream discussion among increasingly interested investors. Gold has been used as a form of currency and trade for thousands of years, and certainly has a track record for reliability and preservation of wealth. However, as the newcomer onto the scene, bitcoin may be the kind of financial and technological breakthrough to to challenge gold as the monetary kingpin. Early on in its life cycle, seasoned investors began questioning the legitimacy of bitcoin value and debating how such a commodity could hold intrinsic value. What differentiates bitcoin from a mere collectible and what makes it similar to precious metal assets such as gold or silver? Among many circles, especially gold bugs and older-generation investors, bitcoin was not considered a valid investment up until very recently. Which factors of bitcoin instill this validity of investment? Watch VideoComparing gold with bitcoins is absolutely valid as the prices of both keep on changing. If one day it's more the other day it might be less. But no doubt gold is always a better option. As you can sell it and get paper currency which is widely used. Whereas bitcoin is used only in some places (sites). See I don't think that comparing bitcoin with gold is, at all a valid comparison. I mean they are two totally different forms of investment. Even though they are similar , But they are altogether different. So you can't compare bitcoin with gold at any case. Gold cam be used as a physical resource but bitcoin can't . Whereas the rate of growth of gold is not as fast as That Of bitcoin. So bitcoin and gold are two totally different things with different assets and liabilities. So they can't be compared. |
|
|
|
|
No I did not place all my funds Into bitcoin.
See investment is a really great thing to do,
But I won't suggest you to invest your entire capital into bitcoin.
See until you don't want to take a big risk and just earn small amount of money via BTC ,
Then you should invest only that much whose loss you can bear.
So I don't suggest you to invest all your money inBTC until you don't want to take a big risk.
But taking risk also might yield you bad results too.
|
|
|
|
|
It is a good question.
What I suggest you is that go to the service thread,
Of the forum.
There you may find many tasks to do.
There you will also find signature campaigns,
They are the best way to earn.
But for that you need to write good constuctive and also some times lengthy posts.
|
|
|
|
Dear campaign participants, very soon you will find some BTCBTCBTC in your wallets, we are very proud to work with you guys and wish you still want to promote our e-currency exchange service next week.
Thanks sir, Payment received. I would like to continue in the campaign. Kindly update my position from Jr.Member to member in the spreadsheet for week 3 session. Regards. |
|
|
|
So would it bounce back to me? No. If you are using well written wallet software, then the software will notice the checksum error and tell you that you typed an invalid address and will refuse to do anything with it. If you are using poorly written wallet software, then the software will create and broadcast a transaction. Depending on where you make the mistake, and what that mistake is, the bitcoins might still end up in the correct place, or they may end up in an address that nobody has access to. Yes I think that you are absolutely right. If you are using a poorly managed and coded software then, It may end up by you getting the payment even at the right place . But if you are using a trustable wallet like blokchain etc It is very less likely that you will receive the payment , after entering the wrong wallet address. |
|
|
|
|
This dream is a very logical one and it is practically possible in real world.
I mean just think about the who purchased bitcoins,
When 1 bitcoin's worth was not even 1$.
Just think the amount they might have gained now.
It's never too late even we can buy BTC now and sell them 4-5 years later for Fiat,
And get to witness a huge price difference.
We can also invest on altcoins be smart enough to sell them at the right time.
|
|
|
|
|
This was a very bad event.
As it led to the prices of bitcoins fall drastically which we can see now.
Now more and more people will tend to purchase bitcoins as an investment.
And after some time the prices will rise again.
|
|
|
|
|
This is a very valid point of argument.
High Transaction fees is a major liability of using the bitcoins.
Many users have already started complaining about,
And many have already stopped using it too.
So as a matter of fact I see a very high chance of,
Bitcoin loosing its hard earned popularity.
But this would be a very slow process it may take up to 20-30 years but by then ,
Seeing the situation there may be developments to avoid high Transaction fees I assume.
|
|
|
|
|
It might be a good option to use a bitcoin ATM.
If the facilities are better and as user friendly as coinbase ,paybis etc and cheaper than it.
Then definitely I would like to use a bitcoin ATM.
|
|
|
|
|
Show Posts
