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Author Topic: Should I believe in Bitcoin ?  (Read 219605 times)
bitbunnny
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March 16, 2016, 06:57:17 PM
 #321

Everyone using bitcoin should have total faith in it as its gonna be a future currency giving us multiple benefits and you should view it as a best investment for the future as you can expect better returns in future.

We can't really know if what we are gonna face in future with bitcoin but we can just hope and predict for something very positive, we can't be sure of anything coming in future as anything can get changed in no time so better to just hope and pray for the best.
Yes, we have to believe on good and the more predictions are about the best future of bitcoin especially after halving a large community are of the view that the price will double up.
Why do you think that the halving means that the price will double? There's no guarantee that *boom* the price will double instantly and everyone will continue at the same pace. The halving is just an event that happens - it cannot change the price. We as consumers change the price of bitcoins, and the demand may not increase to a level high enough to double the price. Besides, look at the current price. One of the factors for its increase IS the halving.

It cant change the price?The halving will and must affect the value of each bitcoin otherwise would be useless to have halving to reduce your income.Sure speculations that we make is what really affects the value but we act to the news usually same way as forex,in this case is bad for miner and good for medium short investors that should be able to get an extra profit before and after the halving,i believe we will reach 700 dollars till end year stable.

I totaly agree that halving must affect the price, that is inevitable. Imagine that this happens to the gold, for instance, you think that this wouldn't influence the price? I don't think that the price of BTC will double but it will be something over 500$.

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March 16, 2016, 07:02:10 PM
 #322

i think ethereum is the crypto of the future, i hope that bitcoin continue to be the #1 Crypto, but it's not easy
No ethereum will not get such success as having bitcoin, as already supporters have gave full strength to bitcoin to make it successful and now they will not leave it to ruin their struggle.
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March 16, 2016, 07:15:01 PM
 #323

Everyone using bitcoin should have total faith in it as its gonna be a future currency giving us multiple benefits and you should view it as a best investment for the future as you can expect better returns in future.

We can't really know if what we are gonna face in future with bitcoin but we can just hope and predict for something very positive, we can't be sure of anything coming in future as anything can get changed in no time so better to just hope and pray for the best.
Yes, we have to believe on good and the more predictions are about the best future of bitcoin especially after halving a large community are of the view that the price will double up.
Why do you think that the halving means that the price will double? There's no guarantee that *boom* the price will double instantly and everyone will continue at the same pace. The halving is just an event that happens - it cannot change the price. We as consumers change the price of bitcoins, and the demand may not increase to a level high enough to double the price. Besides, look at the current price. One of the factors for its increase IS the halving.

It cant change the price?The halving will and must affect the value of each bitcoin otherwise would be useless to have halving to reduce your income.Sure speculations that we make is what really affects the value but we act to the news usually same way as forex,in this case is bad for miner and good for medium short investors that should be able to get an extra profit before and after the halving,i believe we will reach 700 dollars till end year stable.

I totaly agree that halving must affect the price, that is inevitable. Imagine that this happens to the gold, for instance, you think that this wouldn't influence the price? I don't think that the price of BTC will double but it will be something over 500$.

I think this is most likely is going to happen indeed, its just a matter of time also because its hard to say what is gonna happen with the halving.
Maybe its going even to a higher amount but we will see when the halving is there of course.
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March 16, 2016, 07:19:17 PM
 #324

i think ethereum is the crypto of the future, i hope that bitcoin continue to be the #1 Crypto, but it's not easy

Nope ethereum may grow a lot till reach around 40% to 70% of the bitcoin value but its always the pump and dump that works at the most of the coins,altcoins has became a game of pump and dump and supply and demand soo big whales make the pump and bring others into it then they start slowly leaving the pump.Bitcoin is the hardest coin to work with that system,and had 6 bilion invested on it eth has reached its first bilion and can get bigger for sure.
Yes, bitcoin has now firmed its roots in the crypto world, now no other currency can get such strength and support as bitcoin has got. People may adopt ethereum for earning but bitcoin is going to take a place as a normal currency.
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March 16, 2016, 09:18:14 PM
 #325

i think ethereum is the crypto of the future, i hope that bitcoin continue to be the #1 Crypto, but it's not easy

Nope ethereum may grow a lot till reach around 40% to 70% of the bitcoin value but its always the pump and dump that works at the most of the coins,altcoins has became a game of pump and dump and supply and demand soo big whales make the pump and bring others into it then they start slowly leaving the pump.Bitcoin is the hardest coin to work with that system,and had 6 bilion invested on it eth has reached its first bilion and can get bigger for sure.
Yes, bitcoin has now firmed its roots in the crypto world, now no other currency can get such strength and support as bitcoin has got. People may adopt ethereum for earning but bitcoin is going to take a place as a normal currency.

Yeah bitcoin is becoming more and more popular everyday and we are  finding increase in the customer base of bitcoins sow we can expect that in future people would start using it as a primary currency.
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March 16, 2016, 10:43:39 PM
 #326

Everyone using bitcoin should have total faith in it as its gonna be a future currency giving us multiple benefits and you should view it as a best investment for the future as you can expect better returns in future.

We can't really know if what we are gonna face in future with bitcoin but we can just hope and predict for something very positive, we can't be sure of anything coming in future as anything can get changed in no time so better to just hope and pray for the best.
Yes, we have to believe on good and the more predictions are about the best future of bitcoin especially after halving a large community are of the view that the price will double up.
Why do you think that the halving means that the price will double? There's no guarantee that *boom* the price will double instantly and everyone will continue at the same pace. The halving is just an event that happens - it cannot change the price. We as consumers change the price of bitcoins, and the demand may not increase to a level high enough to double the price. Besides, look at the current price. One of the factors for its increase IS the halving.

It cant change the price?The halving will and must affect the value of each bitcoin otherwise would be useless to have halving to reduce your income.Sure speculations that we make is what really affects the value but we act to the news usually same way as forex,in this case is bad for miner and good for medium short investors that should be able to get an extra profit before and after the halving,i believe we will reach 700 dollars till end year stable.
The halving does not change the price directly. It will not double the price, either. That's not how the economics of bitcoins would work. The halving has already begun to affect the price of bitcoins, that's what I'm saying. Keep believing that once the halving comes, the price will reflect it, because that adds more demand to bitcoins. But in reality, you should know that it doesn't directly double the price. It's the supply/demand of bitcoins that reflects the price. The elasticity.

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March 16, 2016, 10:49:46 PM
 #327

i wouldn't buy at the very moment as the price is looking too high. Maybe wait until the price drops. then i would buys it as BTC generally tends to go upp. Ultimately, it is your choice. it is your opinion. Smiley Smiley Wink
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March 16, 2016, 10:58:59 PM
 #328

i wouldn't buy at the very moment as the price is looking too high. Maybe wait until the price drops. then i would buys it as BTC generally tends to go upp. Ultimately, it is your choice. it is your opinion. Smiley Smiley Wink

If you feel that current price is higherfor you then you should wait, but I think this is the right time to buy some bitcoins, as you would see price rise in next couple of months.
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March 16, 2016, 11:07:39 PM
 #329

i wouldn't buy at the very moment as the price is looking too high. Maybe wait until the price drops. then i would buys it as BTC generally tends to go upp. Ultimately, it is your choice. it is your opinion. Smiley Smiley Wink

If you feel that current price is higherfor you then you should wait, but I think this is the right time to buy some bitcoins, as you would see price rise in next couple of months.

Buy it now and  enjoy the profits later on, as I don't think that price will go below $400 for next couple of months, and it will keep on rising with a slow pace till the halving occurs.
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March 17, 2016, 01:58:40 AM
 #330

you should believe bitcoin if you want to invest your money at bitcoin.
i believe can survive for long time, then in future bitcoin can replace dollar in internet world.
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March 17, 2016, 02:05:09 AM
 #331

You should believe on the power of bitcoin.. From 20$ per bitcoin to 500$.and going up, soaring higher after a few more years
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March 17, 2016, 05:09:05 AM
 #332

You should believe on the power of bitcoin.. From 20$ per bitcoin to 500$.and going up, soaring higher after a few more years

True but for those who have bought it at a higher price when it all started would thought that they should not go back. Still the price is too low from where it started. Getting them back here means coming back to the price also.
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March 17, 2016, 09:19:24 PM
 #333

You should believe on the power of bitcoin.. From 20$ per bitcoin to 500$.and going up, soaring higher after a few more years

True but for those who have bought it at a higher price when it all started would thought that they should not go back. Still the price is too low from where it started. Getting them back here means coming back to the price also.

Yes that's true people who have bought for a higher price would not be happy with present price and growth of bitcoins, but those who have invested around $250 would be satisfied with current price.
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March 17, 2016, 10:52:27 PM
 #334

Yes you should believe in the bitcoin because, the bitcoin is the future of all currency's, everything is gonna be digital in the future.
Also the bitcoin is growing in users but also in his price so you can believe in it for sure.
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March 18, 2016, 02:55:55 AM
 #335

Yes you should believe in the bitcoin because, the bitcoin is the future of all currency's, everything is gonna be digital in the future.
Also the bitcoin is growing in users but also in his price so you can believe in it for sure.

right.. bitcoin would be the future currency, as we all see that this days, even this days, bills are almost payable in the internet..our own bank accounts info, are now can be seen in the internet, so probably everything would be payable with bitcoin when every transaction in the future is done online..
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March 18, 2016, 02:30:17 PM
 #336

Everyone using bitcoin should have total faith in it as its gonna be a future currency giving us multiple benefits and you should view it as a best investment for the future as you can expect better returns in future.

We can't really know if what we are gonna face in future with bitcoin but we can just hope and predict for something very positive, we can't be sure of anything coming in future as anything can get changed in no time so better to just hope and pray for the best.
Yes, we have to believe on good and the more predictions are about the best future of bitcoin especially after halving a large community are of the view that the price will double up.
Why do you think that the halving means that the price will double? There's no guarantee that *boom* the price will double instantly and everyone will continue at the same pace. The halving is just an event that happens - it cannot change the price. We as consumers change the price of bitcoins, and the demand may not increase to a level high enough to double the price. Besides, look at the current price. One of the factors for its increase IS the halving.

It cant change the price?The halving will and must affect the value of each bitcoin otherwise would be useless to have halving to reduce your income.Sure speculations that we make is what really affects the value but we act to the news usually same way as forex,in this case is bad for miner and good for medium short investors that should be able to get an extra profit before and after the halving,i believe we will reach 700 dollars till end year stable.
The halving does not change the price directly. It will not double the price, either. That's not how the economics of bitcoins would work. The halving has already begun to affect the price of bitcoins, that's what I'm saying. Keep believing that once the halving comes, the price will reflect it, because that adds more demand to bitcoins. But in reality, you should know that it doesn't directly double the price. It's the supply/demand of bitcoins that reflects the price. The elasticity.
But it's certainly possible that the hype surrounding the upcomming reward halving will make the prices rise significantly, which could even result in a bubble.
It all depends on how much news we will see once it happens and if it's getting picked up by mainstream media.

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March 18, 2016, 02:37:56 PM
 #337

Yes you should believe in the bitcoin because, the bitcoin is the future of all currency's, everything is gonna be digital in the future.
Also the bitcoin is growing in users but also in his price so you can believe in it for sure.
Everyone have to believe in bitcoin, because bitcoin is created to always be at the pump. if you are in doubt, you can buy when bitcoin prices are low and you will not lose your money. As you said digitalization gonna occupy the future with bitcoin.
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March 18, 2016, 02:39:23 PM
 #338

Bitcoin doesn't seem to have a bad future ahead but the believers have a chance to double their original investment later on.


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greBit
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March 18, 2016, 03:04:56 PM
 #339

Bitcoin doesn't seem to have a bad future ahead but the believers have a chance to double their original investment later on.

Yes, you got to believe on the bitcoin. it is the safest place where we get more money. we can do trading and we will get free lancing job.
hardly you will be disappointed by investing on btc...
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March 18, 2016, 03:26:45 PM
 #340

Yes it is very good to believe in Bitcoin. Because it will be the future money and that will be so good. Because the world is also becoming more digital.
I hope that more people will have Bitcoin and believe in it and also going to use is so it will be more popular.
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