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Author Topic: Why Bitcoin Could Be the Best Investment of the Century  (Read 2784 times)
bornil267645
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August 05, 2015, 10:36:12 PM
 #21

Investments made easy

 Cheesy
Suppose you are looking for small business startups to invest your money. Finding a new business looking for investments is easy, but the associated paperwork can be a pain. On the other side, Bitcoin can offer a simple solution. Just use the QR code to make the transaction and save the trouble of filling out checks, presenting ID or signing documents.
 Cheesy

The Sceptical Chymist
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August 05, 2015, 10:42:38 PM
 #22

Sometimes is good to be considered crazy.
If you held Apple stocks back in the time and said you would hold long term = you are crazy.
If you held ColaCola stocks back in the time and said you would hold long term = you are crazy.
If you held Berkshire Hathaway stock and you said it would reach 200.000 per share in the next decades = you are insane and put into mental institution.

We Bitcoin visionaries are considered insane now, but as always, we'll be "investing geniuses" in 10 years time.

Talk about cherrypicking examples and then making a huge, illogical leap of faith.

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misterycoins
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August 05, 2015, 11:13:32 PM
 #23

I seriously believe that Bitcoin could be the greatest transfer of wealth in human history. Although my friends and family still think I'm crazy, but we shall see.
there will always be misinformed people, but I have faith that as a community, if we work together, we can get people to understand the Bitcoin technology
Considering how small bitcoin is in terms of users and the median amount of money per user that they have in bitcoin its still really early years. I think if you are looking 20 years out you're looking more like 10-100+ times its current value
techgeek
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August 05, 2015, 11:16:50 PM
 #24

yes, I agree with you
maybe now, rates not so good
like as many time ago, btc will get high rates again

The rates are decent, and you cant complain where its at for what its been through.

Esp the early times with bad horrbile exchanges like we know it, and still climbing should be noted. Its in the early breach of 300ish, which allows all of us holding the coin can get something decent or to pay a extra bill since the value is at a decent rate.

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August 06, 2015, 11:53:51 AM
 #25

Investments made easy

 Cheesy
Suppose you are looking for small business startups to invest your money. Finding a new business looking for investments is easy, but the associated paperwork can be a pain. On the other side, Bitcoin can offer a simple solution. Just use the QR code to make the transaction and save the trouble of filling out checks, presenting ID or signing documents.
 Cheesy

The paperwork is recorded as a proof that such an event happened where a transaction took place between two parties and their signatures are undersigned. This must be presented to the authorities when a tax raid takes place, otherwise it is considered money laundering where transactions take place but taxes aren't recorded. There are taxes related to bitcoin too, and people should look up to it, if they are going to be involved in such practices.
wearepoor
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August 06, 2015, 01:02:19 PM
 #26

yes, I agree with you
maybe now, rates not so good
like as many time ago, btc will get high rates again

Yeah, the scenario will change in future as the adoption level goes high, and we never know what value it is going to hit in the future, The price would be more stable in the future as there is more adoption and will reach to a next level.
Nizam ibrahim.P.N
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August 14, 2015, 12:10:24 PM
 #27

In the coming centuries bitcoin are going to become a best money trading,investnment group. Banks are going to stop slowly because of the tempor practices of banking which looses the investnment of poor. Rounding todays life Bitcoins are coming forward to the world. Smiley And stay like that in future!! Grin
BillyBobZorton
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August 14, 2015, 02:21:46 PM
 #28

Im sure and its pretty guaranteed at this point Bitcoin is insanely undervalued and not owning a couple of them minimum renders you mentally insane, but im not sure if we will see it actually being used massively, but rather being used while people dont even know they use it (infrastructures running under it). It would suck tho, i want a society of people paying with BTC everywhere.
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August 14, 2015, 03:07:37 PM
 #29

I seriously believe that Bitcoin could be the greatest transfer of wealth in human history. Although my friends and family still think I'm crazy, but we shall see.
My family and Friends also think the same. They probably don't want to hear investment options from young members of the family and say what do you know about investment.
But they will regret their decisions in future.
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August 15, 2015, 11:22:44 AM
 #30

I seriously believe that Bitcoin could be the greatest transfer of wealth in human history. Although my friends and family still think I'm crazy, but we shall see.
My family and Friends also think the same. They probably don't want to hear investment options from young members of the family and say what do you know about investment.
But they will regret their decisions in future.

For somebody in his 60s or 70s, they might be looking at an investment which is stable and generate steady income. So they will let the young hotheads gamble, while they invest their money in government securities. Can't blame them.  Smiley
eternalgloom
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August 15, 2015, 11:41:24 AM
 #31

Let's just wait & see, you must have patience & be willing to HODL maybe without any real joy for a long time. Buy yourself a stash of coins, put them in cold storage & HODL for maybe 10 years. Realistically we're not going to the moon yet but you could find your prediction to be true in 10 years or so. It's worth a shot, just don't expect quick resilts, average joe isn't ready right now.

It's always amusing to see people conflate bitcoin's success with the "average joe's" awareness or adoption of bitcoin. Despite the mind-numbing, idiotic rhetoric of the self-appointed bitcoin "thought leaders" (with the exception of a few), did it occur to you that maybe bitcoin is not for the average joe? Has the average joe's lack of awareness of any number of financial products, luxury products, or really anything that isn't shit, hurt the success of said product?
I always like to think that Bitcoin isn't suited *yet* for the average Joe. I'm sure there will be some new service that will make Bitcoin much easier to use.

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August 15, 2015, 09:18:01 PM
 #32

Bitcoin the most incredible invention to come along in the financial system for centuries. It's full impact has yet to unfold even 1%. The current buyers and users are pioneers of future financial systems.
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August 15, 2015, 10:37:50 PM
 #33

bitcoin definitely has the potential to become one of the better alternatives for storing and transferring wealth. and all that without the need for a third party.
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August 16, 2015, 12:32:16 AM
 #34

I can imagine some stawk doing the tener, but that's nothing compared to bitcoin, bitcoin is going to do the tener with no risk whatsoever. That's a first!
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August 16, 2015, 01:48:36 AM
 #35

yes with bitcoin we can easily transact, just like the beginning of family and friends also think I'm a little crazy. but this time my family has believed for success. The next possible my friend .. a matter of time
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August 16, 2015, 01:58:14 AM
 #36

I think it is not correct. One do not have a any clear picture about what will happen to bitcoins after couple of years then how we can say it a best investment of the century? Prices are not controlled by any system but it is controlled by people hence no guaranty of the future. Only we can buy small portion of bitcoins and sell when prices go high to make some profit. One shouldn't invest in bitcoins for long term perspective because prices are very volatile. Just imagine people who brought bitcoins at 1000+ usd so bitcoins are not for long term investments.
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August 16, 2015, 02:04:51 AM
 #37

I think it is not correct. One do not have a any clear picture about what will happen to bitcoins after couple of years then how we can say it a best investment of the century? Prices are not controlled by any system but it is controlled by people hence no guaranty of the future. Only we can buy small portion of bitcoins and sell when prices go high to make some profit. One shouldn't invest in bitcoins for long term perspective because prices are very volatile. Just imagine people who brought bitcoins at 1000+ usd so bitcoins are not for long term investments.

Yes bitcoin is not a best investment for any long term. We can just buy for small quantity and take the price movements advantages. Do not go for long.
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August 17, 2015, 08:28:28 AM
 #38

i doubt of this century because last years bitcoin was called the worst investment of the year, maybe we really need to wait until fees era to have something good from bitcoin

but i actually don't care too much, because i'll use bitcoin regardless of it going mainstream or not, because i like the way money can be transfered with it, and the fact that no one can know how many money you are holding with bitcoin...
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September 17, 2015, 05:19:37 PM
 #39

I agree, bitcoin must be best ever investment opportunity of this century. Thanks to Satoshi, the genius designed the currency as a investment opportunity for early adopters. So people will get used to it.

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September 26, 2015, 08:50:21 AM
 #40

I seriously believe that Bitcoin could be the greatest transfer of wealth in human history. Although my friends and family still think I'm crazy, but we shall see.

It is to be honored your faith in bitcoin. I don't know if your have materialize your desire buying bitcoin in big amounts or yours it is only a conviction without having any bitcoin in your wallet. If it is the first option God helps you my friend because the thoughts say that bitcoin will go high and every coin will worth to much in the times to come. But are thoughts and not facts or things which for sure will happen. Anyhow you, in this case, deserve maximal respect.  If you are the second case you must be considered as a dreamer and only this.
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