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Author Topic: Should I believe in Bitcoin ?  (Read 219605 times)
ausbit
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June 30, 2016, 08:18:38 AM
 #981

bitcoin growing very rapidly bitcoin age still so young is 7 years. but users have covered more than 5 million people. This really unexpected, I would like to see more developed bitcoin

Yes people forget it's just 7 years old. There is so much ahead in bitcoin's future. IF you see how it has evolved today...
... then you know there is much more surprises left...
And in these 7 years only it has given people enormous profits and opportunities. I think there is a lot of potential left in bitcoins still and hence I think you should really believe in bitcoins.
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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goinmerry
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June 30, 2016, 09:17:26 AM
 #982

You believe that bitcoin has been existing for years but do not expect much from bitcoin since it has lots of fluctuations.

That should be the idea. Dont put too much trust on anything now. Hell even your self cannot be trusted. There is nothing that will last for eternity here in the earth.
Well, we only believe in God but now the things created by God. All the things that involves money will not do good in our life if we abuse it, thus saying that too much money is evil because it changes our perception in life that we should live very simple.

Those who make money god is the evil of all. Yes money is essential, we need it but it should not be loved.

Believing in bitcoin that is one problem of buyers and sellers now. Halving is coming yet they dont know where it will go.
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June 30, 2016, 09:27:23 AM
 #983


And in these 7 years only it has given people enormous profits and opportunities. I think there is a lot of potential left in bitcoins still and hence I think you should really believe in bitcoins.

There are no any doubt for make vast of money in the future the reason we can see there right now bitcoin worth is continuously rising up now I think 5 years I mean on next halving after its worth will take 2000$ and who are saving and holding money this time at all they will be reach in the future.   
PokerFace3
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June 30, 2016, 09:32:22 AM
 #984

You believe that bitcoin has been existing for years but do not expect much from bitcoin since it has lots of fluctuations.
I don't think fluctuation is a bad thing but if there is no fluctuation and its price is to be static then bitcoin wont be so popular as its now as its price is what attracts people the most Smiley !
CryingMidget
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June 30, 2016, 09:46:29 AM
 #985

You believe that bitcoin has been existing for years but do not expect much from bitcoin since it has lots of fluctuations.
I don't think fluctuation is a bad thing but if there is no fluctuation and its price is to be static then bitcoin wont be so popular as its now as its price is what attracts people the most Smiley !
Its is normal for all the stock in the market, However we must all believe in Bitcoin, so we can have some more money with Bitcoin and that is good if people knows that so they are also going to use it more and that will be nice. To promote Bitcoin is also good because than it will be become more popular than now.
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June 30, 2016, 11:00:59 AM
 #986

When it comes to the question of believing, for me there are ways in order to convinced you or not, first is the history on what happened to BTC in the past years, months, and days, second is that you can simulate a little, with your current money amount you can use some of it and play with it just to build your confidence, after that its up to you if you still gonna pursue or not.
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June 30, 2016, 11:53:46 AM
 #987

We don't know what will happen in the future but bitcoin is growing day by day.. and many store are accepting bitcoins right now and i think bitcoin will grow more in the future.. so better to believe in bitcoin..

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rhed718
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June 30, 2016, 12:04:00 PM
 #988

For me Yes in bitcoin you just need to believe it and wait for the right time, as it is one of the components in getting with bitcoin. The time, time is used also as an investment to bitcoin. That's why people are getting more and more as the time goes by and adopting bitcoins to their sources.
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June 30, 2016, 01:07:57 PM
 #989

We don't know what will happen in the future but bitcoin is growing day by day.. and many store are accepting bitcoins right now and i think bitcoin will grow more in the future.. so better to believe in bitcoin..


That's what I think too. Bitcoin will generally adopted by our environment. I just hope our speculation will come true cause if not, well me and others will lose the value they've been holding for a long time.
GamingBro
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June 30, 2016, 01:30:27 PM
 #990

Bitcoin nowdays is really high and better to use it rather not, and if you have enough money to start mining or just even trading you will get your profit for sure.

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June 30, 2016, 06:51:28 PM
 #991

The best I like in Bitcoin is that you can do many things with it and that is really nice and I am almost for sure that it will be the future payment method in the future and that would be perfect for the currency itself.
But the bad thing is that you are not for sure what is going to happen in the future with the currency itself so that is the risky thing of it.
I really think bitcoins will offer us something big in future and if you haven't started to use bitcoins yet, then its better to start using it now. I myself told abut bitcoins to many of my friends recently.
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July 01, 2016, 03:08:12 AM
 #992

The best I like in Bitcoin is that you can do many things with it and that is really nice and I am almost for sure that it will be the future payment method in the future and that would be perfect for the currency itself.
But the bad thing is that you are not for sure what is going to happen in the future with the currency itself so that is the risky thing of it.
I really think bitcoins will offer us something big in future and if you haven't started to use bitcoins yet, then its better to start using it now. I myself told abut bitcoins to many of my friends recently.
Exactly, and I believe that only open minded people and risk takers in real life are willing to understand bitcoin and later take this as an opportunity which really should, for everyone base on how we use bitcoins we can experience good benefits and more to come in the future.

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rhed718
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July 01, 2016, 03:35:44 AM
 #993

For me we should believe in bitcoin because it has a very good future a head with the halving that is incoming this month. And this also help to the users to become rich every year more users getting richer because of bitcoin.
Sniper44
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July 01, 2016, 03:41:23 AM
 #994

bitcoin is a growing technology and it has been spreading among businesses for a while now and since it is really a good online currency you can easily believe in its future and a lot more glorious days to come.

to the moon with bitcoin...
lienfaye
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July 01, 2016, 07:31:33 AM
 #995

bitcoin is a growing technology and it has been spreading among businesses for a while now and since it is really a good online currency you can easily believe in its future and a lot more glorious days to come.
Yes there is so many things i am looking forward with bitcoin. the progress has been good and slowly accepted by many people to use. best online currency that can give many opportunity.

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July 01, 2016, 07:55:11 AM
 #996

bitcoin is a growing technology and it has been spreading among businesses for a while now and since it is really a good online currency you can easily believe in its future and a lot more glorious days to come.
Yes there is so many things i am looking forward with bitcoin. the progress has been good and slowly accepted by many people to use. best online currency that can give many opportunity.
You are right and the good thing is we are the early adopters of the bitcoin which means more opportunity for us to earn in the future if we will invest and hold our coins for a longer period of time.

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July 01, 2016, 08:01:16 AM
 #997

The best I like in Bitcoin is that you can do many things with it and that is really nice and I am almost for sure that it will be the future payment method in the future and that would be perfect for the currency itself.
But the bad thing is that you are not for sure what is going to happen in the future with the currency itself so that is the risky thing of it.
I really think bitcoins will offer us something big in future and if you haven't started to use bitcoins yet, then its better to start using it now. I myself told abut bitcoins to many of my friends recently.

That's a good suggestion, bitcoin has grown high and it needs continued adoption by more and more users. For this everyone can spread. As quoted by above mate I too explain about bitcoin to several friends but just one among the 10 accepts and starts using.
freedomgo
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July 01, 2016, 08:06:10 AM
 #998

The best I like in Bitcoin is that you can do many things with it and that is really nice and I am almost for sure that it will be the future payment method in the future and that would be perfect for the currency itself.
But the bad thing is that you are not for sure what is going to happen in the future with the currency itself so that is the risky thing of it.
I really think bitcoins will offer us something big in future and if you haven't started to use bitcoins yet, then its better to start using it now. I myself told abut bitcoins to many of my friends recently.

That's a good suggestion, bitcoin has grown high and it needs continued adoption by more and more users. For this everyone can spread. As quoted by above mate I too explain about bitcoin to several friends but just one among the 10 accepts and starts using.
The statistics would tell that it is hard to convince people to shift in using bitcoins from conventional ways, but when they will see a great benefits of the people using it, that would be the time for them to formally adopt.

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ausbit
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July 01, 2016, 08:24:47 AM
 #999

Yes you should now believe more in the bitcoin than ever because it has a good future, more people are joining it everyday and the fact is also that the halving is coming!
We gonna make a lot of profit in the future of the bitcoin.

when the bitcoin prices rise very high, sometimes it can increase their confidence in bitcoin, besides high prices could make a lot of people are interested in and curious about this digital currency that has a high value.
Yes, you are right as when the price of bitcoins is high you will see much more transactions happening on the blockchain, while when the price is low there are comparatively low number of transactions.
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July 01, 2016, 12:16:06 PM
 #1000

I believe, but do not believe it will live forever, so you must be careful not to long-term investments in large amount
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