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Author Topic: Should I believe in Bitcoin ?  (Read 218652 times)
bitgoldpanther1978
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February 02, 2017, 05:54:25 PM
 #2381

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?
Of course that's the reason why I am here, to experience the goodness of bitcoin for the users in this world of cryptocurrency. To enjoy the flexibility of bitcoin together with its features too.

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February 02, 2017, 06:14:16 PM
 #2382

You should definitely believe in Bitcoin. It is because we, as a collective, believe so much in Bitcoin, that it not only exists but strives as much as it does today. Keep believing, I will be on your side. Bitcoin and other cryptocurrencies are here to stay and evolve to something even better. I'm sure of that!

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February 03, 2017, 04:29:46 AM
 #2383

You should definitely believe in Bitcoin. It is because we, as a collective, believe so much in Bitcoin, that it not only exists but strives as much as it does today. Keep believing, I will be on your side. Bitcoin and other cryptocurrencies are here to stay and evolve to something even better. I'm sure of that!
I will remember what you said from now, lol! what makes us confident is we see more people who trust bitcoin and although we know how risky this investment is, we are still here optimistic enough for the great future of bitcoin. While bitcoin is growing, we should not allow we will not grow with it, it's our chances as early adopters, the users are still low so we take the opportunity to be benefited.

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February 03, 2017, 08:57:50 AM
 #2384

Buy bitcoin that you can afford to lose

What exactly do you mean? Can you please explain your statement.

I think what you mean is that we should invest what we can afford to lose and not more than that. But that has got nothing to do with the people believing in bitcoin.

It essentially means that investments should be dont with caution - in that sense people should NOT believe in bitcoin - according to you.

On the other hand I think bitcoin prices are going to rise even more in future and thus I consider it as w good investment and worth believing in.

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February 03, 2017, 09:56:35 AM
 #2385

Buy bitcoin that you can afford to lose

What exactly do you mean? Can you please explain your statement.

I think what you mean is that we should invest what we can afford to lose and not more than that. But that has got nothing to do with the people believing in bitcoin.


You got that right on your own and you dont need explanation anymore. In investing, it is always wise to consider that everything has their own risk so jumping all in is not good especially when you still need those money. As bitcoin might not make you rich in a day however it is a long term project and you might in need of those money that you cant afford

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February 03, 2017, 07:28:48 PM
 #2386

The credibility of bitcoin today almost all users at the highest level. Experts say about a good trend of capital injections of big business in bitcoin. Everyone is looking for the pluses, but the big "boss" knows that this can avoid paying taxes on their income. It also says a lot.

This is for me the biggest field of promotion. When the most rich people of the world will start putting their money in an unalterable currency that can hide their fortune, we will go past Jupiter !
True, bitcoin is a good investment only if you give it time and be patient, if you like have the money to invest in it then do so because it has a really bright future and it is bringing so much to the table, and if you don’t then try to earn some through offering skills for bitcoin and try to save them.

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February 04, 2017, 10:39:16 AM
 #2387

Bitcoin believers are sure it will definitely see a huge price increase in the future. If you aren't a believer you must convince yourself by looking at how much better Bitcoin is than the current financial services offered by banks and others. You'll realize that the future of Bitcoin is gold plated Smiley
I agree with you! Because as of this time the price of the Bitcoin is getting higher, what more in the near future. And it's also having a name in the business, maybe 5% in out country is using it now, so what more in the next 2 years. Most especially it has an advantage because of the technology today.

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February 04, 2017, 05:09:53 PM
 #2388

Bitcoin believers are sure it will definitely see a huge price increase in the future. If you aren't a believer you must convince yourself by looking at how much better Bitcoin is than the current financial services offered by banks and others. You'll realize that the future of Bitcoin is gold plated Smiley
I agree with you! Because as of this time the price of the Bitcoin is getting higher, what more in the near future. And it's also having a name in the business, maybe 5% in out country is using it now, so what more in the next 2 years. Most especially it has an advantage because of the technology today.

I also agree with you. Now Bitcoin has a very big potential. Many people have realized that Bitcoin has many advantages. In the future, his popularity will grow and this will lead to higher prices
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February 05, 2017, 05:05:48 AM
 #2389

Bitcoin believers are sure it will definitely see a huge price increase in the future. If you aren't a believer you must convince yourself by looking at how much better Bitcoin is than the current financial services offered by banks and others. You'll realize that the future of Bitcoin is gold plated Smiley
I agree with you! Because as of this time the price of the Bitcoin is getting higher, what more in the near future. And it's also having a name in the business, maybe 5% in out country is using it now, so what more in the next 2 years. Most especially it has an advantage because of the technology today.

I also agree with you. Now Bitcoin has a very big potential. Many people have realized that Bitcoin has many advantages. In the future, his popularity will grow and this will lead to higher prices
They are co related, once bitcoin will be popular, the effect on the value will be positive and the is the price will increase. It is the price that would tell if bitcoin is popular or not, and based on what we see now, we can conclude that bitcoin is already popular, and not only that, its popularity is growing.
Keep believing as we have not reach the top yet, we should push harder so the value will continue to grow, in the end, we all be benefited with this.

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Fatanut
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February 05, 2017, 01:14:38 PM
 #2390

Bitcoin believers are sure it will definitely see a huge price increase in the future. If you aren't a believer you must convince yourself by looking at how much better Bitcoin is than the current financial services offered by banks and others. You'll realize that the future of Bitcoin is gold plated Smiley
I agree with you! Because as of this time the price of the Bitcoin is getting higher, what more in the near future. And it's also having a name in the business, maybe 5% in out country is using it now, so what more in the next 2 years. Most especially it has an advantage because of the technology today.

I also agree with you. Now Bitcoin has a very big potential. Many people have realized that Bitcoin has many advantages. In the future, his popularity will grow and this will lead to higher prices
They are co related, once bitcoin will be popular, the effect on the value will be positive and the is the price will increase. It is the price that would tell if bitcoin is popular or not, and based on what we see now, we can conclude that bitcoin is already popular, and not only that, its popularity is growing.
Keep believing as we have not reach the top yet, we should push harder so the value will continue to grow, in the end, we all be benefited with this.

The popularity and price of bitcoin might be related to each other but it actually doesn't have a strong correlation. There could be billions of bitcoin users but if they're all holding small amounts of bitcoin, the price would still be low. Similarly, there could be small number of bitcoin users but each individual or at least one of them is holding huge amount of bitcoins, then the price of bitcoin would be high.

We don't have equal amounts of bitcoin so you can't just look at the price of bitcoin and say that the popularity has grown. It's possible that an old bitcoin user just wanted to buy even more bitcoins that's why the price has increased.

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Reid
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February 05, 2017, 01:22:37 PM
 #2391

Bitcoin believers are sure it will definitely see a huge price increase in the future. If you aren't a believer you must convince yourself by looking at how much better Bitcoin is than the current financial services offered by banks and others. You'll realize that the future of Bitcoin is gold plated Smiley
I agree with you! Because as of this time the price of the Bitcoin is getting higher, what more in the near future. And it's also having a name in the business, maybe 5% in out country is using it now, so what more in the next 2 years. Most especially it has an advantage because of the technology today.

I also agree with you. Now Bitcoin has a very big potential. Many people have realized that Bitcoin has many advantages. In the future, his popularity will grow and this will lead to higher prices

Correct but we still need investors we need buyers and merchants. You cant just be popular but no one else buy you. We need to risen up the demands so we will all be going with the wave of a high price. And it takes courage to that because some are still afraid just hearing the word "investment".

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February 05, 2017, 07:05:14 PM
 #2392

Bitcoin believers are sure it will definitely see a huge price increase in the future. If you aren't a believer you must convince yourself by looking at how much better Bitcoin is than the current financial services offered by banks and others. You'll realize that the future of Bitcoin is gold plated Smiley
I agree with you! Because as of this time the price of the Bitcoin is getting higher, what more in the near future. And it's also having a name in the business, maybe 5% in out country is using it now, so what more in the next 2 years. Most especially it has an advantage because of the technology today.

I also agree with you. Now Bitcoin has a very big potential. Many people have realized that Bitcoin has many advantages. In the future, his popularity will grow and this will lead to higher prices

Correct but we still need investors we need buyers and merchants. You cant just be popular but no one else buy you. We need to risen up the demands so we will all be going with the wave of a high price. And it takes courage to that because some are still afraid just hearing the word "investment".

This is most of the problem. You want other people to buy in so it will push the price up from where your purchase price was. But of those people buying in, they will also need more people to buy in in order for them to profit as well. Needing ever increasing buyers is a pyramid scheme. Nobody is interested in using bitcoin as a currency, they are only interested in the price of bitcoin going up so they can have more money than they had before. This is what is wrong with bitcoin. As long as people are only using it as a speculative investment vehicle, it will never be a good currency. Bitcoin's utility as a currency and its status as a speculative asset are at odds with each other, and they are mutually exclusive.


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February 05, 2017, 08:51:58 PM
 #2393

Bitcoin believers are sure it will definitely see a huge price increase in the future. If you aren't a believer you must convince yourself by looking at how much better Bitcoin is than the current financial services offered by banks and others. You'll realize that the future of Bitcoin is gold plated Smiley
I agree with you! Because as of this time the price of the Bitcoin is getting higher, what more in the near future. And it's also having a name in the business, maybe 5% in out country is using it now, so what more in the next 2 years. Most especially it has an advantage because of the technology today.

I also agree with you. Now Bitcoin has a very big potential. Many people have realized that Bitcoin has many advantages. In the future, his popularity will grow and this will lead to higher prices

Correct but we still need investors we need buyers and merchants. You cant just be popular but no one else buy you. We need to risen up the demands so we will all be going with the wave of a high price. And it takes courage to that because some are still afraid just hearing the word "investment".

Popularity involves buying and selling Bitcoin. All who are interested in this cryptocurrency sooner or later buy yourself some coins. It is very good for Bitcoin
Colt22
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February 05, 2017, 09:27:04 PM
 #2394

Bitcoin believers are sure it will definitely see a huge price increase in the future. If you aren't a believer you must convince yourself by looking at how much better Bitcoin is than the current financial services offered by banks and others. You'll realize that the future of Bitcoin is gold plated Smiley
I agree with you! Because as of this time the price of the Bitcoin is getting higher, what more in the near future. And it's also having a name in the business, maybe 5% in out country is using it now, so what more in the next 2 years. Most especially it has an advantage because of the technology today.

I also agree with you. Now Bitcoin has a very big potential. Many people have realized that Bitcoin has many advantages. In the future, his popularity will grow and this will lead to higher prices
They are co related, once bitcoin will be popular, the effect on the value will be positive and the is the price will increase. It is the price that would tell if bitcoin is popular or not, and based on what we see now, we can conclude that bitcoin is already popular, and not only that, its popularity is growing.
Keep believing as we have not reach the top yet, we should push harder so the value will continue to grow, in the end, we all be benefited with this.
yes with price we can find the popularity of bitcoin but we cannot say that bitcoin popularity is dependent on the price bitcoin bitcoin but the price is depend on the popularity. If bitcoin will be promoted to more places and it will be more popular then the price of it will increase as more people will come and will invest in bitcoin.

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February 06, 2017, 12:44:17 AM
 #2395

Bitcoin believers are sure it will definitely see a huge price increase in the future. If you aren't a believer you must convince yourself by looking at how much better Bitcoin is than the current financial services offered by banks and others. You'll realize that the future of Bitcoin is gold plated Smiley
I agree with you! Because as of this time the price of the Bitcoin is getting higher, what more in the near future. And it's also having a name in the business, maybe 5% in out country is using it now, so what more in the next 2 years. Most especially it has an advantage because of the technology today.

I also agree with you. Now Bitcoin has a very big potential. Many people have realized that Bitcoin has many advantages. In the future, his popularity will grow and this will lead to higher prices
yes currently we can see that the price of bitcoin is trading above 1000 USD level. so those people who have believe that bitcoin price can even increase more and more so they have strong believe of bitcoin and those who do not going to accept that bitcoin price will go further high thne he do not have any believe on bitcoin

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February 06, 2017, 01:27:10 AM
 #2396

Bitcoin believers are sure it will definitely see a huge price increase in the future. If you aren't a believer you must convince yourself by looking at how much better Bitcoin is than the current financial services offered by banks and others. You'll realize that the future of Bitcoin is gold plated Smiley
I agree with you! Because as of this time the price of the Bitcoin is getting higher, what more in the near future. And it's also having a name in the business, maybe 5% in out country is using it now, so what more in the next 2 years. Most especially it has an advantage because of the technology today.
bitcoin certainly has the potential to become a commodity and currency famous in the future. That's why you have to believe in bitcoin. because of course it will be very profitable when you invest and wait until a few years into the future
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February 06, 2017, 08:21:50 AM
 #2397

You really have to believe in bitcoin. Because it has a better and brighter future. Just look at the features of it,  anonymous, its so convenient to use, easy to set up, decentralize, safe and so secured. What more could you ask for.

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February 06, 2017, 08:35:29 AM
 #2398

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 . I think you'll regret not doing it but it's really up to you.

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February 06, 2017, 09:17:32 AM
 #2399

You really have to believe in bitcoin. Because it has a better and brighter future. Just look at the features of it,  anonymous, its so convenient to use, easy to set up, decentralize, safe and so secured. What more could you ask for.
You are right buddy. Bitcoin surely have the bright future and nothing can stop it now apart from the China. The more you use it, the more advantage you can have. Not only Bitcoin, other cryptos also have the bright future, some even brighter since they have a lot of advance technologies and benefits. In the future, Bitcoin will share its first place to some other, maybe Etherium or Zcash

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February 06, 2017, 09:38:39 AM
 #2400

yes we must believe with bitcoin because the price and value of Bitcoin is indeed designed to increase as time goes by. Thus bitcoin will have a good future, in addition to a Global reserve currency is increasingly losing its value, while the value of Bitcoin growing.

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STACK









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