Should I believe in Bitcoin ?

[Vaskiy]

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, you should believe in bitcoin, as you can see now the value so far is getting so high. So what are you waiting for if you can buy bitcoin take the chance as long as you can afford to buy it.

You don't need any reason to convince you right now. As I believe bitcoin, last year I bought 8 bitcoins, and now the price has risen several times. Investment is risky, if you are afraid of losing money, then I suggest you put money in the bank.

Exactly, investment does not guaranteed automatic success, so if you are afraid and you are not a risk taker then it's not for you. We came here because we want to grow our money fast and not just because others said it's very lucrative here but because we believe on the potential of bitcoin.

Yes, I believe in the potential of Bitcoin. And if we are here, it is no longer necessary to doubt Bitcoin. Who monitors this cryptocurrency few years, he can ensure that profitable to buy Bitcoin

Bitcoin is growing with high potential and the truth is that one who believes and start using it will get profited. The people who hesitate and stand away will surely feel in the future when bitcoin grow high and high with continuous adoption and support from all sectors and by governments.

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[secretservice]

Well, Bitcoin is an asset, and has several aspects that other digital assets have, so in order to make good decisions in the market it is necessary for you to do your own research and try to understand this technology. This is the best way to make a decision.

[Coin_trader]

yes, you should believe in Bitcoin, it will makes you rich. look how far this coin go and expect to soar high and go some miles as the time goes.
Bitcoin is money.

[anasis]

yes, you should believe in Bitcoin, it will makes you rich. look how far this coin go and expect to soar high and go some miles as the time goes.
Bitcoin is money.

Bitcoin really brings the money, very good. I look forward to rising prices in the near future and the most important time to have time to make bets when the question to be or not to be bitcoin will become more serious.

[DoublerHunter]

yes, you should believe in Bitcoin, it will makes you rich. look how far this coin go and expect to soar high and go some miles as the time goes.
Bitcoin is money.

Bitcoin really brings the money, very good. I look forward to rising prices in the near future and the most important time to have time to make bets when the question to be or not to be bitcoin will become more serious.

Bitcoin truly brings money because of its volatility on its price so that is why bitcoin is really good investment and we should keep believing in bitcoin that it will be higher especially on the price and also bitcoin brings a lot of opportunities to earn like trading either bitcoin or altcoin which is good for users who want to extend their source of income.

[Capradina]

It is difficult to trust bitcoin as an investment. I still work with bitcoin only as a commodity or as a pay-for my work. Of course, mining bitcoin is also of paramount importance.

Not an issue anymore, if bitcoin is a digital currency that gives many advantages for all of us. Because in addition to we can invest in the bitcoin, we can also find work in maya to be paid using bitcoin. Bitcoin is a revolution of the digital currencies are already used to appear, but keep in mind. that bitcoin certainly has negative side if we use it for things that are not true, and every negative thing definitely provide bad impacts for everyone

[bncbnc]

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, you should believe in bitcoin, as you can see now the value so far is getting so high. So what are you waiting for if you can buy bitcoin take the chance as long as you can afford to buy it.

I Know a lot of people believe on bitcoins and its future, the price increase we've seen is the proof that bitcoin is very valuable to us. As there are more people who are willing to spend money to have bitcoins and circulate it, the more it will be successful.
Also, if we believe, we should not only believe because the current price is high and increasing but also when in times where our support is needed and that is when crisis happen.

yes we should also believe on bitcoin and as time pass our believe on bitcoin is increasing more and more. i think even those people who will invest their money right now in bitcoin even they can make money from bitcoin because the price is still expecting to increase more and more.

[raven7886]

It is difficult to trust bitcoin as an investment. I still work with bitcoin only as a commodity or as a pay-for my work. Of course, mining bitcoin is also of paramount importance.

Not an issue anymore, if bitcoin is a digital currency that gives many advantages for all of us. Because in addition to we can invest in the bitcoin, we can also find work in maya to be paid using bitcoin. Bitcoin is a revolution of the digital currencies are already used to appear, but keep in mind. that bitcoin certainly has negative side if we use it for things that are not true, and every negative thing definitely provide bad impacts for everyone

No doubt about it bitcoin has some negative effects, for example a large amount of bitcoin is being dumped into the black market, because of how bitcoin makes us anonymous and free us from the tracking of the governments some people use this in the wrong way to do illegal things like selling drugs and hacking.

[Xester]

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, you should believe in bitcoin, as you can see now the value so far is getting so high. So what are you waiting for if you can buy bitcoin take the chance as long as you can afford to buy it.

Bitcoin is still in its early age as a currency compared to other traditional currencies. As such its potential to grow more in value will continue to spike the market until its maximum price will hit the market. Though bitcoin has a limited supply and the users demand is very high there is still a limit as to the price increase. That value will be around 100 million dollars per bitcoin, it will take more years to reach that value and so it is good to invest in bitcoin right now.

[choppork]

No doubt about it bitcoin has some negative effects, for example a large amount of bitcoin is being dumped into the black market, because of how bitcoin makes us anonymous and free us from the tracking of the governments some people use this in the wrong way to do illegal things like selling drugs and hacking.

There's no reason why a black market person will convert his bitcoins to fiat. Using fiat will only lead him to getting exposed, it's risky for him. I don't even think that shady businesses are actually using bitcoins because if they do, the price of bitcoin will be much more than what it is right now. I'm talking about some mafia level here, not some lame teenager's "I use the deepweb" type of black market.

Bitcoin's market cap is $20B and the amount of money being transacted in illegal activities surely is much more than that.

[Winter1986]

No doubt about it bitcoin has some negative effects, for example a large amount of bitcoin is being dumped into the black market, because of how bitcoin makes us anonymous and free us from the tracking of the governments some people use this in the wrong way to do illegal things like selling drugs and hacking.

There's no reason why a black market person will convert his bitcoins to fiat. Using fiat will only lead him to getting exposed, it's risky for him. I don't even think that shady businesses are actually using bitcoins because if they do, the price of bitcoin will be much more than what it is right now. I'm talking about some mafia level here, not some lame teenager's "I use the deepweb" type of black market.

Bitcoin's market cap is $20B and the amount of money being transacted in illegal activities surely is much more than that.

And how much more will it last? All the yelling they want legalization and government are also looking for ways to distinguish between income and the number of taxes. So these desires can come true for all of us on the mountain. It is necessary to closely and carefully what the want and desire.

[BeGoods]

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, you should believe in bitcoin, as you can see now the value so far is getting so high. So what are you waiting for if you can buy bitcoin take the chance as long as you can afford to buy it.

Bitcoin is still in its early age as a currency compared to other traditional currencies. As such its potential to grow more in value will continue to spike the market until its maximum price will hit the market. Though bitcoin has a limited supply and the users demand is very high there is still a limit as to the price increase. That value will be around 100 million dollars per bitcoin, it will take more years to reach that value and so it is good to invest in bitcoin right now.

especially when everyone is using bitcoin bitcoin with a limited supply of course the price of bitcoin will be rising in the future. I believe it will happen, due to ongoing deployment of bitcoin

[bncbnc]

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, you should believe in bitcoin, as you can see now the value so far is getting so high. So what are you waiting for if you can buy bitcoin take the chance as long as you can afford to buy it.

Bitcoin is still in its early age as a currency compared to other traditional currencies. As such its potential to grow more in value will continue to spike the market until its maximum price will hit the market. Though bitcoin has a limited supply and the users demand is very high there is still a limit as to the price increase. That value will be around 100 million dollars per bitcoin, it will take more years to reach that value and so it is good to invest in bitcoin right now.

especially when everyone is using bitcoin bitcoin with a limited supply of course the price of bitcoin will be rising in the future. I believe it will happen, due to ongoing deployment of bitcoin

yes that is very right. the number of bitcoin users are increasing too much and that is the reason that the supply will decrease and so the price of bitcoin will increase as no one is welling to sell their bitcoin.

[patrickmh]

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, you should believe in bitcoin, as you can see now the value so far is getting so high. So what are you waiting for if you can buy bitcoin take the chance as long as you can afford to buy it.

Bitcoin is still in its early age as a currency compared to other traditional currencies. As such its potential to grow more in value will continue to spike the market until its maximum price will hit the market. Though bitcoin has a limited supply and the users demand is very high there is still a limit as to the price increase. That value will be around 100 million dollars per bitcoin, it will take more years to reach that value and so it is good to invest in bitcoin right now.

especially when everyone is using bitcoin bitcoin with a limited supply of course the price of bitcoin will be rising in the future. I believe it will happen, due to ongoing deployment of bitcoin

yes that is very right. the number of bitcoin users are increasing too much and that is the reason that the supply will decrease and so the price of bitcoin will increase as no one is welling to sell their bitcoin.

Majority of users are holding their coins to make higher profits in future but there are also many users who are selling or spending their coins on regular basis either in buying goods or on gambling sites and to make bitcoin a stronger currency we need to spend them and if everyone will keep on holding their coins then price will not go higher to our expected level and it will also make it a weaker currency.

[richardsNY]

yes that is very right. the number of bitcoin users are increasing too much and that is the reason that the supply will decrease and so the price of bitcoin will increase as no one is welling to sell their bitcoin.

Only the block halving makes sure that the supply reduces every 4 years, and not the increased number of people finding their way into the Bitcoin world. Less supply means less pressure on the market/price. Block halvings are meant to prevent long periods where there is more supply than actual demand, that eventually will result in a lower price.

[Sled]

yes that is very right. the number of bitcoin users are increasing too much and that is the reason that the supply will decrease and so the price of bitcoin will increase as no one is welling to sell their bitcoin.

Only the block halving makes sure that the supply reduces every 4 years, and not the increased number of people finding their way into the Bitcoin world. Less supply means less pressure on the market/price. Block halvings are meant to prevent long periods where there is more supply than actual demand, that eventually will result in a lower price.

That is the good side of bitcoin halving which it lessen the supply of the bitcoin but in the other hand it increases the mining difficulty and also halves the block reward for the miners which it makes it harder for them to earn decent profit and can be a reason why other average miners abandon mining or supporting bitcoin because of low profit.

[richardsNY]

yes that is very right. the number of bitcoin users are increasing too much and that is the reason that the supply will decrease and so the price of bitcoin will increase as no one is welling to sell their bitcoin.

Only the block halving makes sure that the supply reduces every 4 years, and not the increased number of people finding their way into the Bitcoin world. Less supply means less pressure on the market/price. Block halvings are meant to prevent long periods where there is more supply than actual demand, that eventually will result in a lower price.

That is the good side of bitcoin halving which it lessen the supply of the bitcoin but in the other hand it increases the mining difficulty and also halves the block reward for the miners which it makes it harder for them to earn decent profit and can be a reason why other average miners abandon mining or supporting bitcoin because of low profit.

Block halvings could indeed turn out to be an unwelcome happening for pools, but that's only when the price doesn't go up after that to compensate for the halved rewards. If you look at the block halving last year where at that time the price was sitting well under $700 and compare that with current price, then it's obvious that miners won't suffer any losses as result of the halving as the price nicely compensated the halved rewards.

[darthmaul]

You $ 1200 worth reasons to trust in Bitcoin. If you look at the periodic graph of bitcoin price then you will find that how you would have missed buying bitcoins back in octomber 2016! The chart says price of BTC = $220-$240 in Oct' 2016 which gradually increased to $ 300 in around Nov' and hiked towards $ 500+ in december. Today, if you look at the price chart of BTC you will find that is almost double what we saw back in mid 2016. Even today Bitcoin has potential to go ahead and reach remarkable history of BTC = $ 2000 - The study shows! So, it would be great to keep faith in your beloved bitcoin. I am always advising people if you have plenty amount of bitcoin then SAVE IT rather than spending it. You will have full fledged right timing to spend it in near future. If you have got money then buy more bitcoins today and you will find yourself i full profit in coming 8-10 months. Bitcoin will never die, it will expand exponentially due to versatile interests of people and more industries accepting Bitcoin as their preferred payment mode. These factors ultimately makes bitcoin more valuable and trust worthy.

If you ask then yes, bitcoin is form of currency that has gained more trust than any other fiat type of commodity. Within few years it has taken giant leap in terms of its popularity and valuation. Most internet based market now a days look at Bitcoin as trusted transaction which also fastest.

If big industries and market is believing in it then you have really got $ 1200 worth reasons to trust it back!

:-)

[deisik]

yes that is very right. the number of bitcoin users are increasing too much and that is the reason that the supply will decrease and so the price of bitcoin will increase as no one is welling to sell their bitcoin.

Only the block halving makes sure that the supply reduces every 4 years, and not the increased number of people finding their way into the Bitcoin world. Less supply means less pressure on the market/price. Block halvings are meant to prevent long periods where there is more supply than actual demand, that eventually will result in a lower price.

That is the good side of bitcoin halving which it lessen the supply of the bitcoin but in the other hand it increases the mining difficulty and also halves the block reward for the miners which it makes it harder for them to earn decent profit and can be a reason why other average miners abandon mining or supporting bitcoin because of low profit.

Block halvings could indeed turn out to be an unwelcome happening for pools, but that's only when the price doesn't go up after that to compensate for the halved rewards. If you look at the block halving last year where at that time the price was sitting well under $700 and compare that with current price, then it's obvious that miners won't suffer any losses as result of the halving as the price nicely compensated the halved rewards

This is a view of an outsider

But I suspect that miners themselves are going to disagree with you, at least, that part of them which are exclusively into profits with Bitcoin (which should be pretty close to 100% nowadays, though). They are obviously looking at fees not from the absolute angle, i.e. how the fee profits stand now against then (that's what we, non-miners, think), but they rather think in relative terms, i.e. how much they actually earn versus how much they could potentially earn given the current setup. And from this angle they may well think that they don't earn enough, i.e. don't squeeze everything what is possible to squeeze presently

[Babayega31]

Yes I strongly believe in bitcoin because the dreams of higher profitable price is now becoming a reality, well the proof is number of users are increasing everyday due to its influence from old bitcoin users and earners. I don't see any reasons that will discourage me in believing bitcoin's ability to help us with our profitable needs, and today is the opportunity and you should grab it right away and never waste time.