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Author Topic: Should I believe in Bitcoin ?  (Read 219017 times)
Mbah Slamet
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February 09, 2017, 03:48:23 AM
 #2421

Certainly, bitcoin is still promising as a means of payment and investments. With increasing number of users, I'm sure that someday there will be countries that accept bitcoin as a legitimate means of payment.
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February 09, 2017, 06:10:35 AM
 #2422

Bitcoin is a fluctuating currency, if you buy know you may gain when it rises,so kindly buy bitcoin because it apprecia the in vslue

You are right with it and that's why many investors liked to invest in bitcoin. Because of that fluctuation there is a chance to get profit easily when the price moves up and also the sad thing is that when the price starts to fall then that's going to be an effect that you are not going to earn good where you can possible lost instead of earning.
when it comes on bitcoin than the case will totally change . bitcoin is not a pump and dump thing. it is a big currency and the price ups and downs is a common thing for bitcoin. and its happening since it's start. I don't think little price down cause any loses to bitcoin users.


Actually those whales are making it a pump and dump thing and the advantage is always in them[1]. They are the ones that contributes most with it, because of a lot of bitcoins that they are holding, they are just buying and selling bitcoin. And when the price reach already in higher peak they will just dump it and when the price is kinda low again they will pump it again[2].

[1] But not 100% of the time the advantage is on them. For example, they were pumping the market and when they were about to dump, somebody has already dumped a huge amount of bitcoins. The profit was basically stolen from the whale. Pump and dump is not always a success because if it was, then this market should be pumping and dumping a lot. There's still risk to it.

[2] Like I said, why are we not seeing a pump and dump market right now? It's because pump and dump is not always a success even if you've been doing it for a long time already. The market detail is accessible by everyone and anyone can steal the profit from your pump and dump scam.

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February 09, 2017, 09:19:06 AM
 #2423

Certainly, bitcoin is still promising as a means of payment and investments. With increasing number of users, I'm sure that someday there will be countries that accept bitcoin as a legitimate means of payment.

With increasing number of users the price of bitcoin will rise more and hence more users will turn to trading of bitcoin. Now if we see the actual users of bitcoin, its only a small fraction of users of the entire global population but then again its popular in communities and not populations.

Even then people mainly believe in bitcoin because of price fluctuations and that trading on bitcoin is profitable. Altcoin trading is also profitable and in turn worth investing in. It may not become worldwide but certainly will become a much bigger picture in the coming years.

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February 09, 2017, 10:28:02 AM
 #2424

Certainly, bitcoin is still promising as a means of payment and investments. With increasing number of users, I'm sure that someday there will be countries that accept bitcoin as a legitimate means of payment.

With increasing number of users the price of bitcoin will rise more and hence more users will turn to trading of bitcoin. Now if we see the actual users of bitcoin, its only a small fraction of users of the entire global population but then again its popular in communities and not populations.

Even then people mainly believe in bitcoin because of price fluctuations and that trading on bitcoin is profitable. Altcoin trading is also profitable and in turn worth investing in. It may not become worldwide but certainly will become a much bigger picture in the coming years.
yes the increasing price of bitcoin is really the proof that people are believing bitcoin. we can see that the number of bitcoin users are increasing continuously and they are also investing their big amount for trading alt coin and investment in bitcoin. and that is the reason that the price of bitcoin is continuously  increasing and i am hopeful that this trend will even continue for next few years.

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February 09, 2017, 10:50:23 AM
 #2425

Certainly, bitcoin is still promising as a means of payment and investments. With increasing number of users, I'm sure that someday there will be countries that accept bitcoin as a legitimate means of payment.

With increasing number of users the price of bitcoin will rise more and hence more users will turn to trading of bitcoin. Now if we see the actual users of bitcoin, its only a small fraction of users of the entire global population but then again its popular in communities and not populations.

Even then people mainly believe in bitcoin because of price fluctuations and that trading on bitcoin is profitable. Altcoin trading is also profitable and in turn worth investing in. It may not become worldwide but certainly will become a much bigger picture in the coming years.
Pretty much agree with your points. I see anyone join or involved in Bitcoin once he will not step back. Even he'll start believing Bitcoin more and more when he see the benefits of Bitcoin And know that Bitcoin is really worth the trust.

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February 09, 2017, 10:54:19 AM
 #2426

Depends on what kind of purpose did you mean by invest on bitcoin, buy at cheaper price and sell it at higher price?
It will be always happen in my opinion, as we know all this time, bitcoin price decrease but always recover and rise again and again.
Believe in bitcoin? That just for bitcoiners and who choose to. Many of us pretending believe in bitcoin but panic sell if the price decline.
Doing panic selling when the price falls is a bad decision. This is because they did not believe that the price of bitcoin will rise again. The last few weeks bitcoin price has dropped to $ 750 but bitcoin prices rose again, up to more than $ 1,030. Those who do panic selling out of fear they will run out of capital, it has made a mistake.
So do not worry about bitcoin because it is usefull so all people will interested with it, and I am sure about it.

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February 09, 2017, 11:40:40 AM
 #2427

Certainly, bitcoin is still promising as a means of payment and investments. With increasing number of users, I'm sure that someday there will be countries that accept bitcoin as a legitimate means of payment.

As far as i know, there are already some companies that accept btc as payments though its not yet that widespread. I think there will be a time when it will happen that you'd have an option whether to make transactions through btc or fiat. But for that to happen i think mkre people should believe in bitcoin and how it can change online transactions

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February 09, 2017, 02:14:02 PM
 #2428

Depends on what kind of purpose did you mean by invest on bitcoin, buy at cheaper price and sell it at higher price?
It will be always happen in my opinion, as we know all this time, bitcoin price decrease but always recover and rise again and again.
Believe in bitcoin? That just for bitcoiners and who choose to. Many of us pretending believe in bitcoin but panic sell if the price decline.
Doing panic selling when the price falls is a bad decision. This is because they did not believe that the price of bitcoin will rise again. The last few weeks bitcoin price has dropped to $ 750 but bitcoin prices rose again, up to more than $ 1,030. Those who do panic selling out of fear they will run out of capital, it has made a mistake

How's that exactly?

If people didn't believe that the price would rise in the future, why did they buy at all, to begin with? I suspect anyone willing to buy low and sell high wouldn't be buying if they didn't expect the price to rise in the future. Maybe, they are changing their beliefs and mind as often as the price changes its direction? With such an approach, they will be soon parted with their money

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February 09, 2017, 02:18:04 PM
 #2429

Depends on what kind of purpose did you mean by invest on bitcoin, buy at cheaper price and sell it at higher price?
It will be always happen in my opinion, as we know all this time, bitcoin price decrease but always recover and rise again and again.
Believe in bitcoin? That just for bitcoiners and who choose to. Many of us pretending believe in bitcoin but panic sell if the price decline.
Doing panic selling when the price falls is a bad decision. This is because they did not believe that the price of bitcoin will rise again. The last few weeks bitcoin price has dropped to $ 750 but bitcoin prices rose again, up to more than $ 1,030. Those who do panic selling out of fear they will run out of capital, it has made a mistake.
So do not worry about bitcoin because it is usefull so all people will interested with it, and I am sure about it.
They start to sell because they do not know that it will rise back when the price of bitcoin start to decrease and at that time some intelligent traders tsrat to collect bitcoins at cheap price so these traders then earn a good profit. I also do the same when the price fall I do not sell but I buy more bitcoins.

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February 09, 2017, 02:20:34 PM
 #2430

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?

Yes believe and invest, the prices keep shooting up and you can't lose your investment, it's rather the good time to invest as Bitcoin is gaining global acceptance and governments all over the world wanting to implement blockchain technology into their respective  systems



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February 09, 2017, 02:27:28 PM
 #2431

It's been many year's pass and bitcoin still kicking yes many more countries are start using bitcoin and start adoptiong bitcoin nowadays there are people who really want to earn money from digital currency not only for investment but trading learning from this is a big part of our lives where we can really do it to the future.
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February 09, 2017, 02:36:39 PM
 #2432

Yes I should believe in bitcoin, because it will give me sustainable part time income and it has many advantages like having fast transactions of online wallet processing. The cash-out options has very secured privacy and very anonymous account protection. I can rely on bitcoin advantages most of the time in all aspects of money making and investing to altcoins trading particularly attracts me most of it and made me believe the whole idea of bitcoin digital crypto currency, and its also a source of fiat money.

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February 09, 2017, 02:56:59 PM
 #2433

Yes you should. More and more stores are accepting bitcoins as payment and even some banks too. 

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February 09, 2017, 03:14:50 PM
 #2434

Yeah , the prices of the bitcoin are really high. But still you can invest in buying some bitcoins.Because bitcoin has that potential. Its price will go further up if none of the governments interfers in this. Now its price is nearly close to 1000 dollars . It has the potential to go as high as 10000 dollars. So its worth of investing some money in bitcoin.But do investments wisely. There are a lot of scams out there . Be sure to enquire every well where you are going to invest money.

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February 09, 2017, 03:29:24 PM
 #2435

Yeah , the prices of the bitcoin are really high. But still you can invest in buying some bitcoins.Because bitcoin has that potential. Its price will go further up if none of the governments interfers in this. Now its price is nearly close to 1000 dollars . It has the potential to go as high as 10000 dollars. So its worth of investing some money in bitcoin.But do investments wisely. There are a lot of scams out there . Be sure to enquire every well where you are going to invest money.
We cannot predict the price of the bitcoin will go to $10.000 even if it happened would seem to require a very long time.
the current price is over $1000, and you have to be careful when buying bitcoin on high prices, because any time the price can go down so far.

many people get the big advantage of bitcoin, it's one of the evidence that we must believe in bitcoin has a future.

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February 09, 2017, 08:27:47 PM
 #2436

If we did not believe in bitcoin, even the members of the board would be less, and because of all the positive forecasts, users expect a good indicator of prices cryptocurrency.
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February 09, 2017, 08:47:23 PM
 #2437

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?

almost all member of this community are bitcoin believers or bitcoin fanatic maybe 1% are not, but those are poor in knowledge in bitcoin. Therefore, if you are here it means you are part of the community that had a chance to become a millionaires because of bitcoin someday. So you don't have to worry about it, just don't you ever forget to save bitcoin now, yes! start save bitcoin now...
Indeed. BUy Bitcoin right now and you will collect a lot of reward in about 10 years later. Believe me. 5 years before, there was a guy who introduced me Bitcoin but I did not believe in what he said. Now, I feel very regret about what I did in the past. If I had put my money in Bitcoin, I would have be rich by now
Not just 10 years from now, just a couple of months of now, I mean why go so far just look at the price and how much it changed, in less than a month the price went up from $780 to $1070, if that does not motivate you to start investing in bitcoin that what will ? Always believe into bitcoins, you will never get disappoints.

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February 09, 2017, 08:53:24 PM
 #2438

Bitcoin helps keep secret most of my income and at the same time, even some expensive purchases go from the view of the tax police. Already we took over the fashion completely monitor the population, and watch that one road there is to know on what funds bought. Here the bitcoin allows you to remain anonymous.

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GooCust04
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February 09, 2017, 09:23:39 PM
 #2439

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?

almost all member of this community are bitcoin believers or bitcoin fanatic maybe 1% are not, but those are poor in knowledge in bitcoin. Therefore, if you are here it means you are part of the community that had a chance to become a millionaires because of bitcoin someday. So you don't have to worry about it, just don't you ever forget to save bitcoin now, yes! start save bitcoin now...
Indeed. BUy Bitcoin right now and you will collect a lot of reward in about 10 years later. Believe me. 5 years before, there was a guy who introduced me Bitcoin but I did not believe in what he said. Now, I feel very regret about what I did in the past. If I had put my money in Bitcoin, I would have be rich by now
Not just 10 years from now, just a couple of months of now, I mean why go so far just look at the price and how much it changed, in less than a month the price went up from $780 to $1070, if that does not motivate you to start investing in bitcoin that what will ? Always believe into bitcoins, you will never get disappoints.
Experts say that during detyati years mankind will fully switch to digital currency bitcoin so may in the future take a good position in the financial sector of the world.
E-shipper
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February 09, 2017, 09:42:55 PM
 #2440

The credibility of bitcoin holds used primarily because of the fact that there are any types of fraud. I'm not afraid to do anything to help cryptocurrency, and at the same time, the absence of any interest on transfers and has a very self.

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