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Author Topic: Is it a good long term investment to buy 1 BTC today?  (Read 253316 times)
Cyaren
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April 08, 2016, 10:59:24 AM
 #1301

If 21 million people responds to this post by buying 1 BTC each, then the entire supply of BTC, both past and future, would be drained. Which would cause a shortage of bitcoins in the market... Which would theoretically drive the price up. It could be a good investment to make, but as all investments do, it carries risk.
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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Fademigo
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April 08, 2016, 12:02:02 PM
 #1302

If 21 million people responds to this post by buying 1 BTC each, then the entire supply of BTC, both past and future, would be drained. Which would cause a shortage of bitcoins in the market... Which would theoretically drive the price up. It could be a good investment to make, but as all investments do, it carries risk.

If all the forum users buy 1 bitcoin each, the bitconi price would already be more than $10,000.
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April 08, 2016, 01:10:35 PM
 #1303

If 21 million people responds to this post by buying 1 BTC each, then the entire supply of BTC, both past and future, would be drained. Which would cause a shortage of bitcoins in the market... Which would theoretically drive the price up. It could be a good investment to make, but as all investments do, it carries risk.

If all the forum users buy 1 bitcoin each, the bitconi price would already be more than $10,000.

Yes it better to buy bitcoin now for this upcoming halving it may have effect and price will rise by that time and it is very good for us bitcoin users. So hold your wallet for a while and  save your btc to earn more.


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eddyubachs
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April 08, 2016, 02:07:05 PM
 #1304

If 21 million people responds to this post by buying 1 BTC each, then the entire supply of BTC, both past and future, would be drained. Which would cause a shortage of bitcoins in the market... Which would theoretically drive the price up. It could be a good investment to make, but as all investments do, it carries risk.

If all the forum users buy 1 bitcoin each, the bitconi price would already be more than $10,000.

Yes it better to buy bitcoin now for this upcoming halving it may have effect and price will rise by that time and it is very good for us bitcoin users. So hold your wallet for a while and  save your btc to earn more.

Buying now and holding ti for the future is the best option available at a moment, as price is good at a moment and we can buy with this price and sell at the time of halving when price would be higher.
ElpadroBitcoin
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April 08, 2016, 02:22:19 PM
 #1305

Yes it can be good, even if the value is low after that you have made an investment you also can make profit if you are holding at that time and that you sell it with a good value.
There is a possibility that it can take a long time until the price has rised and that can be bad.
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April 08, 2016, 02:23:12 PM
 #1306

The problem is, nobody knows what happens after the block reward halves. If may go to either direction.
agustina2
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April 08, 2016, 04:11:30 PM
 #1307

The problem is, nobody knows what happens after the block reward halves. If may go to either direction.

That is the interesting part mate. If people knows the real output after halving this is not surprised anymore.

Just wait and see. If you can afford to buy BTC1 then just do it.
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April 08, 2016, 04:35:52 PM
 #1308

The problem is, nobody knows what happens after the block reward halves. If may go to either direction.

That is the interesting part mate. If people knows the real output after halving this is not surprised anymore.

Just wait and see. If you can afford to buy BTC1 then just do it.
true, if you're able to buy one bitcoin, it may be better to buy it, if you're in doubt, then just wait and see, we do not yet know that the real price will rise or fall dramatically higher. we can only see it after halving
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April 08, 2016, 06:21:10 PM
 #1309

The problem is, nobody knows what happens after the block reward halves. If may go to either direction.
yeah of course it might go either direction as the price of the bitcoin is impredictable though the bigger possibility is that it will go significantly up thus making people big money

i think that its surely a good investment and if i were you i would buy even more bitcoins in order to make a lot more money than just from one bitcoin investment
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April 08, 2016, 06:59:47 PM
 #1310

im pretty sure that it would be a decent investment right now that would allow you to make good money because of the upcoming price increases that will happen suring the halving

im buying even more than one bitcoin and willing that it will allow me to make some good money without putting in too much work as i dont like working and i like easy money

 
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April 08, 2016, 08:02:39 PM
 #1311

im pretty sure that it would be a decent investment right now that would allow you to make good money because of the upcoming price increases that will happen suring the halving

im buying even more than one bitcoin and willing that it will allow me to make some good money without putting in too much work as i dont like working and i like easy money

I wouldnt say it would be the greatest moment, but it can be an educational one..

Unless the value jumped way over ridiculously high. If there were signs of that, the persons education should be on taking chances that can grow potentially big.

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April 08, 2016, 08:04:21 PM
 #1312

Don't wanna sound like a fanboy but honestly, it's the best thing you can do with your money right now in terms of % of "gambling". Sure, you never know what can happen, but make no mistake, the Bitcoin party hasn't even begun, and the price is really low compared to the potential gains and relative to latest ATH.

But then again, when you take a look at Gardner's hype cycle we most likely will not reach the hype-levels again.
I think we are already on the flat, right part of the curve.



Source: https://en.wikipedia.org/wiki/Hype_cycle
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April 08, 2016, 08:21:27 PM
 #1313

1 btc is always good amount to hold for the future, but if you are looking to earn good profits in short term with 1 btc then its not possible you need to wait long to earn best from it.
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April 08, 2016, 08:22:10 PM
 #1314

yeah its a fine idea to buy a btc today as many of ecnomiists think that btc has a godd and bright future and value will only raise as it gets more renowned by the people and the day is not far away when it will be started as currency over dollars. But as we know bitcoin network is very volatile like chemicals so yes it worth as long term investment but it will be more safe if you keep a boundy that on reaching 600$ you will withdrawl your coins
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April 08, 2016, 08:25:25 PM
 #1315

If you buy 1 bitcoin today i think you will get benefices in 5-10 years  Roll Eyes
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April 08, 2016, 08:56:52 PM
 #1316

I do believe it is a good time to buy bitcoin. Sure 400+ looks high. but there is some real big potential here.
Chinese consumers getting into different currencies to prevent losing on the devalution of their own currency for exampe.

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April 08, 2016, 09:04:19 PM
 #1317

In long term, i think it could be profitable to buy as much bitcoins as you can nowadays and not only 1 Bitcoin. May be the price will double more than once in the next few coming years, so you can making good earning
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April 08, 2016, 09:15:58 PM
 #1318

Yes, i think it's a good long term investment to buy 1 BTC today, because we guess that the price will increase soon
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April 08, 2016, 09:21:00 PM
 #1319

Yes, i think it's a good long term investment to buy 1 BTC today, because we guess that the price will increase soon

On what basis? I mean I hope the same thing, but the why would be interesting?
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April 08, 2016, 09:25:15 PM
 #1320

In long term, i think it could be profitable to buy as much bitcoins as you can nowadays and not only 1 Bitcoin. May be the price will double more than once in the next few coming years, so you can making good earning

I think it will be more then double in coming years, as price has started to grow slowly and I think it will be much higher in next couple of years.
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