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Author Topic: Should I believe in Bitcoin ?  (Read 218652 times)
talkbitcoin
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January 02, 2017, 10:13:42 AM
 #2181

-snip-

Yes, I agree, Bitcoin is very promising. In the future it will become even more expensive and I'm very happy. Now you just need to have patience and faith in Bitcoin

I will second the motion for that because that is what I believe too. It is everybody's observation with bitcoins price movement.

As the time goes by, the price of bitcoin is getting higher and higher just like what is happening before this year ends.

This is one of the rewards that we are getting upon believing to bitcoin's success.
There might be true, that at the start of bitcoin there were not many places where you could spend it but as the time went by and people started using it more, few one have started using it as a payment method, but we are still in the beginning of it, we need it to be implemented into many vital things in our lives like supermarkets and bills.
As what I have noticed, I have only seen few businesses that adopted with bitcoin despite the price is skyrocketing. In my own analysis that is due to the reason that the volume of adopters is not already big enough to attract investors to accept bitcoin in their business, especially the big ones.

well yeah. so far mostly people are looking at bitcoin as an investment instead of a currency and i think that is not such a good thing because the community is going to become full of speculators who only care about fiat and want to make more fiat with trading bitcoin. and that prevents bitcoin from ever becoming a big deal!














 

 

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January 02, 2017, 10:21:10 AM
 #2182

-snip-

Yes, I agree, Bitcoin is very promising. In the future it will become even more expensive and I'm very happy. Now you just need to have patience and faith in Bitcoin

I will second the motion for that because that is what I believe too. It is everybody's observation with bitcoins price movement.

As the time goes by, the price of bitcoin is getting higher and higher just like what is happening before this year ends.

This is one of the rewards that we are getting upon believing to bitcoin's success.
There might be true, that at the start of bitcoin there were not many places where you could spend it but as the time went by and people started using it more, few one have started using it as a payment method, but we are still in the beginning of it, we need it to be implemented into many vital things in our lives like supermarkets and bills.
As what I have noticed, I have only seen few businesses that adopted with bitcoin despite the price is skyrocketing. In my own analysis that is due to the reason that the volume of adopters is not already big enough to attract investors to accept bitcoin in their business, especially the big ones.

well yeah. so far mostly people are looking at bitcoin as an investment instead of a currency and i think that is not such a good thing because the community is going to become full of speculators who only care about fiat and want to make more fiat with trading bitcoin. and that prevents bitcoin from ever becoming a big deal!

But what is required to switch people from using Bitcoin as an investment primarily with the purpose of earning more fiat to using it as a currency to pay for goods and services? If Bitcoin has only 21 million coins to be mined with only around 5 millions left, who is going to use it as a means of payment if Bitcoin is well paying for itself already by simply holding it, selling and then buying back whenever there is a correction?

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January 02, 2017, 10:47:23 AM
 #2183

you can invest your money in bitcoin with satisfaction because bitcoin no more drop its price , now bitcoin are too powerful and bitcoin increasing its price too much faster day by day and we strongly believe in bitcoin.

It might not be dropping its price today but don't expect that is going to be for a life time. It is a normal thing in bitcoin's price movement that after the price increase, price decrease will follow. But regardless of that, in total sum up of bitcoin we should really trust and believe on its ability that can help us with financial things and with our transactions.

Bitcoin is spreading so fast and it's price is increasing so much.So we can believe bitcoin really because it didn't disappointed us before.Again bitcoin have some problem like hacking.60 million $ was hacked from exchange sites Bitfinex and that's make a great cause on price.So we can't be assure that its price won't go down.I think it's depend on luck but we should believe in bitcoin.
We really don't know on how long this price increase will occur but as of now it is already $1,000+ and I guess it is another achievement for almost everybody that bitcoin reached this peak and let's just hope that bitcoin is going to keep on increasing again and again for this whole year even though to make it balance for sure there are some price decrease that will happen suddenly.

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January 02, 2017, 09:59:18 PM
 #2184

you can invest your money in bitcoin with satisfaction because bitcoin no more drop its price , now bitcoin are too powerful and bitcoin increasing its price too much faster day by day and we strongly believe in bitcoin.
yes that is a fact there is no need to worry about your investment in bitcoin as your invest can be 100 % safe here. you just need to give concentration to your investment.

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January 02, 2017, 11:58:48 PM
 #2185

When I hear about bitcoin price was 180-200$. I believe in Bitcoin, because I have never seen a coin stronger than bitcoin in my life, and I hope it will be more stable and strong in the near future

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January 03, 2017, 01:49:05 AM
 #2186

you can invest your money in bitcoin with satisfaction because bitcoin no more drop its price , now bitcoin are too powerful and bitcoin increasing its price too much faster day by day and we strongly believe in bitcoin.
yes that is a fact there is no need to worry about your investment in bitcoin as your invest can be 100 % safe here. you just need to give concentration to your investment.
Yeah thats true dont worry just believe in bitcoin this is a part of life for every bitcoiners the unpredictable priceof every  bitcoin.

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January 03, 2017, 02:22:31 AM
 #2187

The question is a bit subjective. I think the use should depend more on how much you trust the Blockchain Technology. If you can trust in a technology backed by math and cryptography, then I think you can certainly trust Bitcoin.
First you need to understand it, of course. The basic concepts behind this are easy to understand, in my opinion, but to have a deeper knowledge you will need to put a greater effort into it.

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January 03, 2017, 02:36:14 AM
 #2188

It depends on how risk adverse you are. If you can stand to lose half that money, then invest half in btc. If you would be destroyed if you lost the money, don't invest it. The old adage of don't invest more than you can afford to lose but I say even with the bad actors running rampant btc will continue. Why do you ask us? Have you not made up your mind already?

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January 03, 2017, 02:40:59 AM
 #2189

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy  , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?
bitcoin is best cryptocurrency in the future and better than other cryptocurrency , 1 BTC now to $1000 you sure don't want to buy BTC

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January 03, 2017, 03:13:02 AM
 #2190

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy  , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?
bitcoin is best cryptocurrency in the future and better than other cryptocurrency , 1 BTC now to $1000 you sure don't want to buy BTC
That is a good reason to buy and believe bitcoin as an investment. Bitcoin was designed to resist the global economy condition. I think bitcoin is secure enough so he better to buy bitcoun as soon as possible


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January 03, 2017, 03:25:55 AM
 #2191

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy  , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?
bitcoin is best cryptocurrency in the future and better than other cryptocurrency , 1 BTC now to $1000 you sure don't want to buy BTC
That is a good reason to buy and believe bitcoin as an investment. Bitcoin was designed to resist the global economy condition. I think bitcoin is secure enough so he better to buy bitcoun as soon as possible

i am agree, many people now realize that bitcoin is worth to be an investment especially for now the bitcoin price is increase so high depend on the last year. i hope that the price is not going down like in early 2016 and only increase.

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January 03, 2017, 03:59:30 AM
 #2192

I don't know if the op invested those 10k in bitcoin but I hope that at some point he did because he will be having great profits, then he could sell enough bitcoin to recover his 10k and invest in something else and let his investment in bitcoin to keep growing.

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January 03, 2017, 04:19:06 AM
 #2193

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy  , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?
bitcoin is best cryptocurrency in the future and better than other cryptocurrency , 1 BTC now to $1000 you sure don't want to buy BTC
That is a good reason to buy and believe bitcoin as an investment. Bitcoin was designed to resist the global economy condition. I think bitcoin is secure enough so he better to buy bitcoun as soon as possible

i am agree, many people now realize that bitcoin is worth to be an investment especially for now the bitcoin price is increase so high depend on the last year. i hope that the price is not going down like in early 2016 and only increase.
Even before when the price of bitcoin is not that big as today, it is already a good investment. What we are seeing as an investor is the potential of bitcoin and that potential to grow has just realize now as we can see in our very eyes. If we have bought bitcoin when the price is still $200, we could be rich now.

We take risk for the uncertain future but that must be back with careful analysis using relevant data.

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January 03, 2017, 05:14:25 AM
 #2194

Bitcoin is now worth over $1k, still in uptrend and some suggest that it may reach around $1500 to $2k this year. Many people are now believe in bitcoin as good investment for short or medium term because of its high volatility like other cryptocurrency.
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January 03, 2017, 05:52:01 AM
 #2195

Bitcoin is now worth over $1k, still in uptrend and some suggest that it may reach around $1500 to $2k this year. Many people are now believe in bitcoin as good investment for short or medium term because of its high volatility like other cryptocurrency.
Maybe we should celebrate now, we have been waiting for this to happen for so long and now we can witness it already. The price is the will make a statement on the non believers and this will certainly continue as many are attracted to adopt and invest with bitcoin. I hope I can have a good stay here and a profitable stay in specific.



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Diced90
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January 03, 2017, 12:13:19 PM
 #2196

I do believe in bitcoin so should you because most transaction as of today are cashless! Which makes bitcoin the perfect companion for all your daily needs with the aid of a bitcoin debit card.
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January 03, 2017, 12:17:21 PM
 #2197

I would invest 50% of it in bitcoin at least and the other 50% in silver and gold, if you want to spread your risk but if I had it I would use 10K all in bitcoin and invest and trade it. That way i would turn it very fast into 100 bitcoin.  Grin Grin

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January 03, 2017, 12:30:36 PM
 #2198

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy  , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?

There is no guarantee in every thing you believe,no one will suggest you how long bitcoin will sustain but as of now many people a good hope on bitcoin and many people are still investing into it. Daily many countries are showing interest towards bitcoin technology, but now it is not the right time to invest in bitcoin.


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January 03, 2017, 01:51:25 PM
 #2199

many people who do not believe in bitcoin since the first, and they say that bitcoin will have a low price. but, this time, it denied everything. bitcoin prices are higher as we predicted. earlier this year made a bitcoin prices to be higher than in previous years. it's just that we do not know how long it will continue. if we believe bitcoin, bitcoin then we will hold for a long time.


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January 03, 2017, 02:06:33 PM
 #2200

I would invest 50% of it in bitcoin at least and the other 50% in silver and gold, if you want to spread your risk but if I had it I would use 10K all in bitcoin and invest and trade it. That way i would turn it very fast into 100 bitcoin.  Grin Grin

Well it seems you really do believe in bitcoin. Investing 50% would mean that you have great trust in it and you would risk half of your money in this digital currency! Reaching 100 bitcoins though, just got harder. Your $10,000 would only get you 10 bitcoins now compared a few months back so doubling it till 100 bitcoins would take awhile and a lot of effort!

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