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Author Topic: Should I believe in Bitcoin ?  (Read 218652 times)
RealPhotoshoper
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January 03, 2017, 02:51:10 PM
 #2201

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.
yeaaa everyone should be regret now , with bitcoin situation that on top price.
just imagine if you bought 1,000 bitcoin at $1 each and now you have 1 million dollar in your hand.
you still have a chance to start believeing on something seems impossible like to see $10,000 price, why not?

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January 03, 2017, 03:12:37 PM
 #2202

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!

Well that's saying a lot about your trust in bitcoin. And if you're lucky, and if the rate of bitcoin's rise is sustained then I think that would be attainable. It's just that it's too much of a risk for most people to take. I personally believe in bitcoin but to place that much amount would be beyond me especially that I have a lot of mouths to feed.

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January 03, 2017, 03:19:48 PM
 #2203

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!
Him being 50% invested in Bitcoin doesn't mean he has invested 50% of his entire wealth into Bitcoin. It's just 50% of his investment balance. Not that big of a deal.

And yes, those that are finding their way to Bitcoin right now enter the market at way higher prices than people that have been here for a year or so.

But that's not really a problem since Bitcoin has far more potential growth to realize than it has done already. If Bitcoin really lives up to what is expected to happen, then current prices are nothing more than peanuts.

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January 03, 2017, 03:23:03 PM
 #2204

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.
all of them still have a chance to rise higher again. this time the movement is still happening so will continue to have good grades. almost all optimistic that bitcoin prices could be higher.

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January 03, 2017, 04:25:44 PM
 #2205

Bitcoin does not have a guarantee, we do not know who we believe and who we can not believe. So there is a guarantee of investing in bitcoin, this is a little bit of work. The only thing to do right now is to wait and find the right time, but the most profitable method is bitcoin.



     
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January 03, 2017, 04:34:37 PM
 #2206

Bitcoin does not have a guarantee, we do not know who we believe and who we can not believe. So there is a guarantee of investing in bitcoin, this is a little bit of work. The only thing to do right now is to wait and find the right time, but the most profitable method is bitcoin.



There is no need to believe somebody. the bitcoin is controlled by a community so we all contribute to it.
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January 03, 2017, 04:36:34 PM
 #2207

Bitcoin does not have a guarantee, we do not know who we believe and who we can not believe. So there is a guarantee of investing in bitcoin, this is a little bit of work. The only thing to do right now is to wait and find the right time, but the most profitable method is bitcoin.




You can see the price how its going now. Still you do not able to believe in bitcoin and its potential means you can sell the account to anyone else in this forum and you could move for a day job if you do not have believe on it.

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January 03, 2017, 04:39:54 PM
 #2208

No doubt again, if you still unbelieve with bitciin, i don't know what with the thing i must tell to you. Fact in last year is the prooved to you for open you eyes about bitcoin.

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January 03, 2017, 04:41:09 PM
 #2209

Bitcoin had an impressive growth in the new year of 2017 (about 20-30% just only one month)
Who has bought a large amount of bitcoins with this price? if you answer this question, you will know if you should believe in bitcoin.
this is a significant year of bitcoin.
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January 03, 2017, 04:54:43 PM
 #2210

Bitcoin had an impressive growth in the new year of 2017 (about 20-30% just only one month)
Who has bought a large amount of bitcoins with this price? if you answer this question, you will know if you should believe in bitcoin.
this is a significant year of bitcoin.


I bought some in the past year.

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January 03, 2017, 09:45:41 PM
 #2211

Why not we believe this , Since in the bitcoin wallet there is no chance of loss your bitcoin and Second thing no wether in what amount is looking to make investment in bitcoin . But here the main matter is that in which thing in bitcoin world you want to invest your money .
Because every field in bitcoin is profitable but we need to take our steps carefully .
besides profitable, potential of bitcoin continue to develop very large, especially the growth of bitcoin users, including quite high. This of course will make the future of bitcoin becomes brighter, and that's the reason why I believe in bitcoin
Yes bitcoin is a trusted currency, you can trust on bitcoin without any doubt and fear, and you can only make money in bitcoin if you have fully trust on bitcoin. I am using bitcoin for last couple of years but still did not see any scam in bitcoin. therefore to me bitcoin is really trusted and reliable currency.

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January 04, 2017, 04:02:43 AM
 #2212

Why not we believe this , Since in the bitcoin wallet there is no chance of loss your bitcoin and Second thing no wether in what amount is looking to make investment in bitcoin . But here the main matter is that in which thing in bitcoin world you want to invest your money .
Because every field in bitcoin is profitable but we need to take our steps carefully .
besides profitable, potential of bitcoin continue to develop very large, especially the growth of bitcoin users, including quite high. This of course will make the future of bitcoin becomes brighter, and that's the reason why I believe in bitcoin
Yes bitcoin is a trusted currency, you can trust on bitcoin without any doubt and fear, and you can only make money in bitcoin if you have fully trust on bitcoin. I am using bitcoin for last couple of years but still did not see any scam in bitcoin. therefore to me bitcoin is really trusted and reliable currency.
Seeing the system of bitcoin alone you can feel confident of using it, but what is the fear of the many is the economy of bitcoin. It does not guarantee that the economy will be successful just because of the system itself, people are looking for something that will be successful in the future, and once crisis will happen, it could give signal to give doubt of the users, so as a user we must not hope for another major crisis to witness.

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January 04, 2017, 04:35:40 AM
 #2213

with the price of bitcoin that still increase, how it could be that we don't believe in bitcoin? i think in outside, many people will open their eyes that bitcoin is another solution for them to make money. beside that, i hope this will make people realize that bitcoin is the best investment that they can make.

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January 04, 2017, 04:44:27 AM
 #2214

with the price of bitcoin that still increase, how it could be that we don't believe in bitcoin? i think in outside, many people will open their eyes that bitcoin is another solution for them to make money. beside that, i hope this will make people realize that bitcoin is the best investment that they can make.

It's not easy to convince people that bitcoin is a good, they look at it as if it is a form of investment only and not as a currency. People  that don't have knowledge about bitcoin and don't want to learn about it look at bitcoin look more shady, specially to those who has a lot of experience about scams in the internet.

But anyway, with regards to OP's decision, I really hope that he buy during that time when price is still preparing to take off, or after a month ( January ) the drama and the hacking happened.

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January 04, 2017, 04:57:48 AM
 #2215

Why not we believe this , Since in the bitcoin wallet there is no chance of loss your bitcoin and Second thing no wether in what amount is looking to make investment in bitcoin . But here the main matter is that in which thing in bitcoin world you want to invest your money .
Because every field in bitcoin is profitable but we need to take our steps carefully .
besides profitable, potential of bitcoin continue to develop very large, especially the growth of bitcoin users, including quite high. This of course will make the future of bitcoin becomes brighter, and that's the reason why I believe in bitcoin
Yes bitcoin is a trusted currency, you can trust on bitcoin without any doubt and fear, and you can only make money in bitcoin if you have fully trust on bitcoin. I am using bitcoin for last couple of years but still did not see any scam in bitcoin. therefore to me bitcoin is really trusted and reliable currency.
Seeing the system of bitcoin alone you can feel confident of using it, but what is the fear of the many is the economy of bitcoin. It does not guarantee that the economy will be successful just because of the system itself, people are looking for something that will be successful in the future, and once crisis will happen, it could give signal to give doubt of the users, so as a user we must not hope for another major crisis to witness.

No need to think of the bitcoin economy and get fear, one needs to fear where one can't earn even earn the invested amount. With bitcoin without doubt one gets it, so its better to have hope and invest. Already bitcoin has overcome several crisis initiated by key developers, even at that time nothing worse happened. No need to think of crisis, just focus upon using it for the good.

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January 08, 2017, 08:45:36 PM
 #2216

 I think you'll regret not doing it but it's really up to you, if you believe that bitcoin will grow in value or remained stable , then you can invest in it.

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January 08, 2017, 08:50:00 PM
 #2217

Why not we believe this , Since in the bitcoin wallet there is no chance of loss your bitcoin and Second thing no wether in what amount is looking to make investment in bitcoin . But here the main matter is that in which thing in bitcoin world you want to invest your money .
Because every field in bitcoin is profitable but we need to take our steps carefully .
besides profitable, potential of bitcoin continue to develop very large, especially the growth of bitcoin users, including quite high. This of course will make the future of bitcoin becomes brighter, and that's the reason why I believe in bitcoin
Yes bitcoin is a trusted currency, you can trust on bitcoin without any doubt and fear, and you can only make money in bitcoin if you have fully trust on bitcoin. I am using bitcoin for last couple of years but still did not see any scam in bitcoin. therefore to me bitcoin is really trusted and reliable currency.
Seeing the system of bitcoin alone you can feel confident of using it, but what is the fear of the many is the economy of bitcoin. It does not guarantee that the economy will be successful just because of the system itself, people are looking for something that will be successful in the future, and once crisis will happen, it could give signal to give doubt of the users, so as a user we must not hope for another major crisis to witness.

No need to think of the bitcoin economy and get fear, one needs to fear where one can't earn even earn the invested amount. With bitcoin without doubt one gets it, so its better to have hope and invest. Already bitcoin has overcome several crisis initiated by key developers, even at that time nothing worse happened. No need to think of crisis, just focus upon using it for the good.

In my opinion there is no reason to fear. Everyone should fear the banks, fiat system, but not bitcoins. Bitcoin is something new which brings the decentralization in the monetary system, and better yet, using the internet, connecting everyone around the globe.
Investments here are safe, bitcoin can lose its price now and sometimes, but it will recover soon, it always recover its price. I agree with you, let's focus on good and positive happenings.

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Fatanut
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January 09, 2017, 09:16:56 AM
 #2218

Why not we believe this , Since in the bitcoin wallet there is no chance of loss your bitcoin and Second thing no wether in what amount is looking to make investment in bitcoin . But here the main matter is that in which thing in bitcoin world you want to invest your money .
Because every field in bitcoin is profitable but we need to take our steps carefully .
besides profitable, potential of bitcoin continue to develop very large, especially the growth of bitcoin users, including quite high. This of course will make the future of bitcoin becomes brighter, and that's the reason why I believe in bitcoin
Yes bitcoin is a trusted currency, you can trust on bitcoin without any doubt and fear, and you can only make money in bitcoin if you have fully trust on bitcoin. I am using bitcoin for last couple of years but still did not see any scam in bitcoin. therefore to me bitcoin is really trusted and reliable currency.
Seeing the system of bitcoin alone you can feel confident of using it, but what is the fear of the many is the economy of bitcoin. It does not guarantee that the economy will be successful just because of the system itself, people are looking for something that will be successful in the future, and once crisis will happen, it could give signal to give doubt of the users, so as a user we must not hope for another major crisis to witness.

No need to think of the bitcoin economy and get fear, one needs to fear where one can't earn even earn the invested amount. With bitcoin without doubt one gets it, so its better to have hope and invest. Already bitcoin has overcome several crisis initiated by key developers, even at that time nothing worse happened. No need to think of crisis, just focus upon using it for the good.

In my opinion there is no reason to fear. Everyone should fear the banks, fiat system, but not bitcoins. Bitcoin is something new which brings the decentralization in the monetary system, and better yet, using the internet, connecting everyone around the globe.
Investments here are safe, bitcoin can lose its price now and sometimes, but it will recover soon, it always recover its price. I agree with you, let's focus on good and positive happenings.
The price of bitcoin might always be able to recover but it doesn't always recover up to its peak. Our highest price was $1200, and even if there was a previous major pump, we didn't even hit that price again. I think it's safe to invest in bitcoins only when the price is low. Otherwise, you're going to wait for the next major price increase. Those people that have invested in the $1200 price are still waiting for their time. They thought they were finally able to get out of that hole after so many years but we we're only able to hit $1100 price range.

There's still risk in investing bitcoin. There's simply just no sure way of making money when you're investing. Because if there was, somebody has already abused it making that certain type of investment deplete.

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coinfast
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January 09, 2017, 09:24:24 AM
 #2219

 I think you'll regret not doing it but it's really up to you, if you believe that bitcoin will grow in value or remained stable , then you can invest in it. I believe that it would be a good investment in the future even as it continues to increase and decrease,

deisik
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January 09, 2017, 03:27:54 PM
 #2220

The price of bitcoin might always be able to recover but it doesn't always recover up to its peak. Our highest price was $1200, and even if there was a previous major pump, we didn't even hit that price again. I think it's safe to invest in bitcoins only when the price is low. Otherwise, you're going to wait for the next major price increase. Those people that have invested in the $1200 price are still waiting for their time. They thought they were finally able to get out of that hole after so many years but we we're only able to hit $1100 price range

This is only your assumption

Technically speaking, people who bought bitcoins at the peak in December 2013 most likely did that at Mt.Gox exchange. This exchange suspended all operations only in February 2014, when the price had already heavily plunged down to around 600 dollars per coin. In this manner, the people you refer to are hardly waiting for anything right now since their coins had been stolen long ago (but that's a cold comfort, of course)

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