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Author Topic: Bitcoin is a big business???  (Read 3615 times)
ASHLIUSZ
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July 07, 2016, 10:22:01 AM
 #61

the future may bitcoin will become a big business, but I think this time can be regarded as bitcoin is already big business. people can benefit a lot from bitcoin. and also not a few people who put their money in bitcoin.

At the moment, the bitcoin is a small business. the market cap is just about $10 billion. In 10 years, it could be big.
For those with libertarian leanings, Bitcoin has been something of a payment relatively free of government regulation. That may have been good for consumers, but isn’t necessarily in the best interest of small businesses.

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July 08, 2016, 04:47:14 PM
 #62

the future may bitcoin will become a big business, but I think this time can be regarded as bitcoin is already big business. people can benefit a lot from bitcoin. and also not a few people who put their money in bitcoin.

At the moment, the bitcoin is a small business. the market cap is just about $10 billion. In 10 years, it could be big.
For those with libertarian leanings, Bitcoin has been something of a payment relatively free of government regulation. That may have been good for consumers, but isn’t necessarily in the best interest of small businesses.
Well for now bitcoin is a small business. It is because only a few in the world uses it for daily transactions and investments. Well maybe after 10 years it will be a big business.

That is right. But the number of users have increased steadily over the last 7 years. The price has also risen.
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July 09, 2016, 12:02:52 AM
 #63

Well, I prefer to appreciate the bitcoin because of its several advantages as an exchange medium, and from this view talking about bitcoin as a "big business" seems a bit senseless, because people that don't use bitcoins are using other fiat currencies, and they don't think "oh, having dollars is a big business".  Grin


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July 09, 2016, 05:25:31 AM
 #64

Do you think that if you hold your Bitcoins then increase the price and if you used bitcoins in investment then you also get a profit, in that means BITCOIN is a big business Huh   
Not really, i never think bitcoin is big business. IMO who will knows or who can predict bitcoin price correctly maybe the right word is bitcoin is the best invesment can't give you a profit but can give you lost some money too.

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July 09, 2016, 02:47:50 PM
 #65

The bitcoin is just 7 years old, but it is already worth about 9 billion dollars. I think it will worth a lot more, so a big business.
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July 09, 2016, 03:03:44 PM
 #66

The bitcoin is just 7 years old, but it is already worth about 9 billion dollars. I think it will worth a lot more, so a big business.
who told you that a whole bitcoin is worth 9 billion dollars ? in which world are you living ? it is worth 660$ atm. you can get live rates updated every seconds only on preev.com .it is a newbie friendly site. you should update your knowledge and post something that has sense. btw, wish you a very happy halving day.
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July 09, 2016, 03:07:53 PM
 #67

Well IMO bitcoin is a big business as it is now. It can be used in transactions in the whole world that's why I think it is a big business. It will grow bigger at the future though.
oppss i don't think bitcoin as a business but it as only a goods its better to say it as that title nor currency or business as it has a great potential to grow on itself but not in the hands of other control !
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July 09, 2016, 03:17:46 PM
 #68

Can someone tell me why Warren Buffett consider it a bad investment?

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July 12, 2016, 08:56:37 AM
 #69

Can someone tell me why Warren Buffett consider it a bad investment?

He is an old style investor. He wants to invested in tested investments such as silver or company with good cash flow.
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July 19, 2016, 11:20:56 AM
 #70

Do you think that if you hold your Bitcoins then increase the price and if you used bitcoins in investment then you also get a profit, in that means BITCOIN is a big business Huh   
Not really, i never think bitcoin is big business. IMO who will knows or who can predict bitcoin price correctly maybe the right word is bitcoin is the best invesment can't give you a profit but can give you lost some money too.

May be you are right, but i think who do invest in bitcoins and getting profit monthly and also who hold the bitcoins and when price grew up than sell the bitcoins and get profit, so it has clear mean that bitcoin is a not big but it is a good business.

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July 19, 2016, 11:56:09 AM
 #71

yes it really can be regarded as a big business, but when you really do buy at a low price and sell at very high prices. like the examples I've read the news, someone bought 5000 BTC when the price $1 and he remembered that he had bought it at a cheap price. and finally he sold at a high price. then he was able to buy an apartment.

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July 19, 2016, 02:20:52 PM
 #72

yes it really can be regarded as a big business, but when you really do buy at a low price and sell at very high prices. like the examples I've read the news, someone bought 5000 BTC when the price $1 and he remembered that he had bought it at a cheap price. and finally he sold at a high price. then he was able to buy an apartment.

You can see Bitcoin as big business put it can become allot bigger then it already is at the moment but there for they will have to attract more users.
If they are able to do that it will become even a bigger business in the future.
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July 21, 2016, 10:53:50 AM
 #73

The bitcoin is worth around $10 billion at the moment. It is a very small business. But it is a growing business.
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July 21, 2016, 11:59:35 PM
 #74

yeah it is right. I am earning a good amount and will collect a bigger amount of bitcoin and when I will have my bitcoins to some extent tat with them I will be able to start a business then I will invest to start that business and so I will have a good business with the money from bitcoin.


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July 22, 2016, 01:53:00 AM
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I think so, more and more companies are realizing that. Besides Bitcoin, Blockchain as a Service (BaaS) in general is becoming a reality for many people.
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July 22, 2016, 01:58:14 AM
 #76

I don't know if you would call it a business. Do you call other currencies businesses? I don't know many people that would consider the US dollar a "business", and the same can be applied to bitcoins.

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July 22, 2016, 02:02:51 AM
 #77

if you hold your Bitcoins then increase the price and if you used bitcoins in investment

"Investing in Bitcoin" is a madness.
Study how is made the value of currency.

In this way "Buying Bitcoins" for "storing" them will give You no profit, it the exchange rate goes down against the $ or Euro.
Why You call Buying a currency as "Business"Huh

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July 22, 2016, 05:29:15 AM
 #78

I don't know if you would call it a business. Do you call other currencies businesses? I don't know many people that would consider the US dollar a "business", and the same can be applied to bitcoins.
yah bitcoin is a currency, it is in fact not a business. but it may be mentioned here is the potential of the bitcoin to create a business. I guess not everyone sees it that way. honestly, I do not use bitcoin as a currency, but to build a business. so I started to look for bitcoin, because I think, at this time I am more easily find bitcoin on the internet, and the search for the dollar in the real world


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July 24, 2016, 11:09:36 AM
 #79

if you hold your Bitcoins then increase the price and if you used bitcoins in investment

"Investing in Bitcoin" is a madness.
Study how is made the value of currency.

In this way "Buying Bitcoins" for "storing" them will give You no profit, it the exchange rate goes down against the $ or Euro.
Why You call Buying a currency as "Business"Huh

If you hold the bitcoin since 2011, the price should have risen many times. So it is a very good profit to be made.
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July 24, 2016, 11:20:19 AM
 #80

if you hold your Bitcoins then increase the price and if you used bitcoins in investment

"Investing in Bitcoin" is a madness.
Study how is made the value of currency.

In this way "Buying Bitcoins" for "storing" them will give You no profit, it the exchange rate goes down against the $ or Euro.
Why You call Buying a currency as "Business"Huh

If you hold the bitcoin since 2011, the price should have risen many times. So it is a very good profit to be made.

if you have been holding bitcoin since 2011 without selling it, then there is only two possible scenarios:

1) you don't care about the price or care about bitcoin as an investment and you are only interested in it as a technology and as a currency.

2) you are an idiot who missed an opportunity to sell, make a profit and buy back again 10 times more bitcoin at the bottom. rinse and repeat.



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Whitepaper
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ANN Thread
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