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Author Topic: Bitcoin is a big business???  (Read 3734 times)
Denker
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May 06, 2016, 07:04:42 PM
 #41

Bitcoins is not a business. Its a Currency and a very good one.  People buy it and sale it at a higher price and use it in a business mode but in reality it is a greatest digital currency ever.

Bitcoin is way more than just a currency.I wouldn't say it's a good one as it fluctuates too much.Imo Bitcoin today and for many more years is more an investment and object of speculation.This is good because we all want it to rise in price.
Beside that it's function as a network and platform allows it to people build businesses on top of it. We are barely scratching the surface of what Bitcoin can be done with Bitcoin and will be done with it the next couple of years. Or did you thought about youtube, Netflix, wikipedia, facebook in 1995/96 when the internet started to hit the mainstream? I guess not.
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May 06, 2016, 07:12:27 PM
 #42

Yes, why? Is there something wrong with that? When people buy at a cheap price and then sell at high prices and then the person will benefit. So more and more people have a number of bitcoin, the more the benefits that will he be able to.


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May 13, 2016, 06:26:18 PM
 #43

Yes, why? Is there something wrong with that? When people buy at a cheap price and then sell at high prices and then the person will benefit. So more and more people have a number of bitcoin, the more the benefits that will he be able to.

The more people have the bitcoin, the fewer each will have. But I hope most people in the world will have bitcoin.
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May 13, 2016, 06:35:07 PM
 #44

Bitcoin can be a big investment

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May 22, 2016, 09:10:40 AM
 #45

Yes, why? Is there something wrong with that? When people buy at a cheap price and then sell at high prices and then the person will benefit. So more and more people have a number of bitcoin, the more the benefits that will he be able to.
Bitcoin is a big and long term investment

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May 22, 2016, 04:06:04 PM
 #46

bitcoin is big business think, actually it all depends on the viewpoint of each, there are some people who see bitcoin only as a means for gambling, a tool for trade, but if you develop it you can make great business

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May 24, 2016, 04:51:26 AM
 #47

Yes, why? Is there something wrong with that? When people buy at a cheap price and then sell at high prices and then the person will benefit. So more and more people have a number of bitcoin, the more the benefits that will he be able to.

Right, when we buy the bitcoins in cheep price and sell it at high price than automatically we can get profit and the question is that when we use it in an investment and also use in trading and get profit, so we can call it is business?
For me, Yes it is a kind of business, bitcoin is just like currency and when we use it in different ways and get profit and so it is definitely Business.     
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May 24, 2016, 06:19:23 AM
 #48

bitcoin is big business think, actually it all depends on the viewpoint of each, there are some people who see bitcoin only as a means for gambling, a tool for trade, but if you develop it you can make great business

Bitcoin is not a business, it is a piece of code that enables businesses to build applications and services on top of this technology. There are approximately $6.8 billion worth of business and money poured into this technology and that in my opinion, can be defined as < Big business >

When big companies and banks < Barclays > starts to take notice, you know you are playing with the big boys. ^smile^

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May 24, 2016, 07:51:16 AM
 #49

I do not know what the daily cash flow is with Bitcoin.  I know that there is some imaginary line with FIAT revenue or at least liquid flow that makes people start using the term big business.  A local convenience store with $25,000 per week business is not considered big business, where Walmart moving a lot more money in the same period of time is. 

 In those terms, I would imagine that Bitcoin would qualify.  YoBit shows a 240 BTC volume on just the coin ETH.  That is in 24 hours on one traded coin.  That is more than $96,000 worth of trading.  If just ten other coins traded against BTC on that one exchange, that is $1,000,000 in 24 hours on just one exchange.  I would say that qualifies as big business.
there are allot of people who say that the bitcoin is going to be popular in big companys but i think the biggest companys are only focused on the gold. Gold is everything for them and is they are not going to use the coin the coin will disappear slowly.
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May 24, 2016, 07:54:52 AM
 #50

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   

To me, yes, the bitcoin price will definitely explode with the coming years. Although it might not rise exponentially in the near future, it definitely has the potential to do so over the long term. Think of it like a store of value.

But the bitcoin price being high doesn't mean that bitcoin is successful. It's all relative to each other. It could be because fiat has become worthless. The value of bitcoin should be measured by the success it brings as a payment gateway.
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May 24, 2016, 08:02:07 AM
 #51

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   

It is a big business for sure, and like in everything else how much you invest, that is how much money you will earn. That means more money, bigger risk, higher payment. Math is simple when we look at situation like that.

People who are in blockchain from beginning made a lot of money, people are still making money, and for sure they will make money in the future.. doesn't matter if its daily trading or holding for longer. All that show us that bitcoin can be business for someone, and like proof of that we have many people that earn from trading with btc.

Of course bitcoin is not just a business, I wish to think there is more. Something unique and new, I think bitcoin have a chance to make some difference in the world. Of course its just my wish, we will see does bitcoin have that power and endurance. Time will tell.


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June 02, 2016, 02:06:17 PM
 #52

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   

It is a big business for sure, and like in everything else how much you invest, that is how much money you will earn. That means more money, bigger risk, higher payment. Math is simple when we look at situation like that.

People who are in blockchain from beginning made a lot of money, people are still making money, and for sure they will make money in the future.. doesn't matter if its daily trading or holding for longer. All that show us that bitcoin can be business for someone, and like proof of that we have many people that earn from trading with btc.

Of course bitcoin is not just a business, I wish to think there is more. Something unique and new, I think bitcoin have a chance to make some difference in the world. Of course its just my wish, we will see does bitcoin have that power and endurance. Time will tell.


Bitcoin is the currency of the Internet. and now its value increase and decreases so very often that people considered it to be the option of doing investing and trading with this currency and they mostly get profits from it.

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June 02, 2016, 03:05:25 PM
 #53

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.



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June 04, 2016, 07:34:17 AM
 #54

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   
For sure it is. Just if you have little bitcoins it is a little business and if you have a lot of - it is a big bisness.
I heard about people who go out from their daily job to concentrate only on bitcoin. Cause with bitcoin u don't need to sit in the office and with it u work only on yourself.
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June 07, 2016, 05:48:47 PM
 #55

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   
For sure it is. Just if you have little bitcoins it is a little business and if you have a lot of - it is a big bisness.
I heard about people who go out from their daily job to concentrate only on bitcoin. Cause with bitcoin u don't need to sit in the office and with it u work only on yourself.

Very few people will do that. For many people, the bitcoin related business is too small for the time being.
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June 07, 2016, 06:06:03 PM
 #56

Bitcoin is a digital currency and you can use it in business of whatever size you want but talking about the future potnetiality about bitcoin yes it is really a big thing and even usefull to common level people. Decentralized system is what people will love in future.

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June 21, 2016, 04:42:20 PM
 #57

Bitcoin is a digital currency and you can use it in business of whatever size you want but talking about the future potnetiality about bitcoin yes it is really a big thing and even usefull to common level people. Decentralized system is what people will love in future.

I think the bitcoin will be used by general public in the next few decades. It will be reserve currency like the US dollar.
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July 07, 2016, 07:09:51 AM
 #58

Bitcoin is a digital currency and you can use it in business of whatever size you want but talking about the future potnetiality about bitcoin yes it is really a big thing and even usefull to common level people. Decentralized system is what people will love in future.

I think the bitcoin will be used by general public in the next few decades. It will be reserve currency like the US dollar.

That depends on the mass adoption and also there are no big bugs that will affect the fundamentals of bitcoin.
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July 07, 2016, 07:22:30 AM
 #59

Yes, why? Is there something wrong with that? When people buy at a cheap price and then sell at high prices and then the person will benefit. So more and more people have a number of bitcoin, the more the benefits that will he be able to.

This is not always the case that you will get benefit from Bitcoin buying and selling.
We can see price now decreasing again  Angry

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July 07, 2016, 09:20:48 AM
 #60

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.

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