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Author Topic: Should I believe in Bitcoin ?  (Read 218652 times)
stadus
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March 09, 2017, 06:42:47 AM
 #2561

Like what gamblers says gamble what you can afford to lose just like in bitcoin.Investing is not always on profit may have downfall sometimes but it must not be the thing to stop you from investing it must be your motivation to invest.Just invest what you can afford to lose in future.And study onbefore investin.Wish you goodluck mate
Correct because even how convince we are about the potential of bitcoin, it's still not acceptable to put everything and believe on it 100%.
Reserving some doubts about it's future will help us analyze bitcoin carefully and we will certainly arrive with a very good decision.
Let's hope for the best since we cannot ascertain what happen and along the way, there are trials and with continues learning we can surpass it.

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March 09, 2017, 06:45:14 AM
 #2562

As with every technology there is always the risk of a major bug or failure.
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March 09, 2017, 06:55:34 AM
 #2563

As with every technology there is always the risk of a major bug or failure.
You are right , but you should not forget that every thing in this world whether natural or non natural have a definite solution if we want , so here there is no chance to get down in Bitcoin , suppose if the Bitcoin get down due to its network down then still it is possible 100% that has solution in perfect way without disturb the history network .
So here we didn't need to think or make any doubt about the network of the Bitcoin .
And a big think which is that " the network system of Bitcoin is more powerful than the bank system in the world "


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March 09, 2017, 08:19:04 AM
 #2564

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

Yup, it could only happen in the future. because I also predict that the growth or the user will be very high if bitcoin everyone know and know well the bitcoin. There is not a bad thing in the bitcoin, there is no reason to shy away from using it. and also the advantages that can be obtained by extremely large bitcoin, compared with other currencies


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March 09, 2017, 09:49:06 AM
 #2565

As with every technology there is always the risk of a major bug or failure.

True, but as it stands you don't need to be a rocket scientist to predict a good future for Bitcoin. It's evidently clear that investing in Bitcoin is a good investment and will yield much dividend in the future.

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March 09, 2017, 10:21:33 AM
 #2566

As with every technology there is always the risk of a major bug or failure.

True, but as it stands you don't need to be a rocket scientist to predict a good future for Bitcoin. It's evidently clear that investing in Bitcoin is a good investment and will yield much dividend in the future.

I agree, I always look at the ratio of the community to the worlds population.  As long as Bitcoin market is not saturated, there is always a room to grow in value and price.   I believe that Bitcoin community will be well rewarded in the future if they hold and grow their Bitcoins.

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March 09, 2017, 01:04:39 PM
 #2567

As with every technology there is always the risk of a major bug or failure.

True, but as it stands you don't need to be a rocket scientist to predict a good future for Bitcoin. It's evidently clear that investing in Bitcoin is a good investment and will yield much dividend in the future.

I agree, I always look at the ratio of the community to the worlds population.  As long as Bitcoin market is not saturated, there is always a room to grow in value and price.   I believe that Bitcoin community will be well rewarded in the future if they hold and grow their Bitcoins.
You can never be sure in something. Bitcoin is a currency just like everyone else, and therefore susceptible to the same risks. It is foolish to give up any earnings. You just need to follow the trends and to react to fluctuations.

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March 09, 2017, 01:20:01 PM
 #2568

As said nothing is wrong with bitcoin, it gives the best profit based on the technology supporting it along with the acceptance. These day price drop has took place as the technology updating happened unexpected. For this we cannot deny bitcoin is a failure. The more we believe the more will be the profit earned.

We can't base bitcoin's success solely on its price. Besides, it didn't go back to $1. It just decreased significantly in such short period of time. But that doesn't mean that bitcoin is a failure. If you want, you can buy tons of bitcoins so you can join the resistance when the price of bitcoin is decreasing.

Bitcoin will always decrease from time to time. Sometimes it's much more significant than the previous dump but that doesn't mean that bitcoin is a failed project. It's just a normal thing with a market and volatility like this.

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March 09, 2017, 01:21:24 PM
 #2569

In any business there are risks. You need to invest the amount that you are not afraid to lose. I invest 25% of my funds.
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