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Author Topic: why should anyone invest in btc right now?  (Read 5757 times)
Watari (OP)
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September 16, 2016, 12:08:08 PM
 #1

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?
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September 16, 2016, 12:51:32 PM
 #2

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?
Debit/Credit money is not exactly cashless. It is based on the same framework as paper money is. It is the same system called FIAT money.
Bitcoin is something else, it is transparent and finite monetary system.
Of course it will be only more expensive over time - unlike every standard FIAT system - which will be worth less and less mainly because of two factors: quantitative easing and inflation.
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September 16, 2016, 12:54:29 PM
 #3

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?
Debit/Credit money is not exactly cashless. It is based on the same framework as paper money is. It is the same system called FIAT money.
Bitcoin is something else, it is transparent and finite monetary system. Of course it will be only more expensive over time - unlike every standard FIAT.

Thank you for your answer. But in order for btc to survive, or even thrive, wouldn't it have to be used a lot (at least much more than today)? And what is the probability of that?

I mean I have already bought small stuff with btc and it's neat because there are no fees etc for either side. But not many people have done it, I guess?

And why would it be only more expensive over time?
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September 16, 2016, 01:02:26 PM
 #4

There is absolutely no reason for you to invest in bitcoin.

Look inside yourself, and you will see that you are the bubble.
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September 16, 2016, 01:13:40 PM
 #5

Thank you for your answer. But in order for btc to survive, or even thrive, wouldn't it have to be used a lot (at least much more than today)? And what is the probability of that?

I mean I have already bought small stuff with btc and it's neat because there are no fees etc for either side. But not many people have done it, I guess?

And why would it be only more expensive over time?
Bitcoin is still a new tech, it was introduced less than a decade ago. Financial tech seems to be very orthodox branch of economy.

Banks are using transfer methods and accounting invented couple dozens years ago. Meanwhile blockchain based platforms are still evolving.

It takes years, sometimes even decades to introduce&implement new revolutionary system like bitcoin.

Bitcoin is far away from become an industry standard, especially in banking because huge power shift won't happen overnight.

Bitcoin will be more expensive because:

1. As it becomes more popular and demand increases which is equal to increase in value.
2. Bitcoin is finite, there won't be ever more than 21 millions of bitcoin.
3. Every lost bitcoin is beneficial and will make other coins worth slightly more.
4. Bitcoin is still in its infancy state and yet it is accepted in hundred of services around the world. To name a few: Steam, Dell, Dish Network, Expedia, NewEgg, Microsoft, Overstock.
Imagine when every online shop will start accepting it in the future - huge demand - huge price increase.

But again, no one is forcing you to invest in bitcoin. It is not some Ponzi scheme, where owner 'guarantees' that you will be rich. There is no such guarantee with Bitcoin.
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September 16, 2016, 01:29:45 PM
 #6

I'm thinking about this question, why should anyone invest in bitcoins now? I think some people asked same question 5 years ago, and look what happened.
Seeing that and now, I don't see big difference. People who invest now will have a chance to make good profit when they sell their bitcoins for higher price. I think that is good enough for everyone to think about it, how much safe it is I don't know, I think there isn't 100 % sure investment today. Risk and make profit, stay on a side and miss a train, decision is only yours.

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September 16, 2016, 04:52:42 PM
 #7

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?

The question is kinda confusing, anyway as for the future, i can say yes there is.  Imagine the billion dollar involve in this economy.  And the many people around the world that uses it.  I think it will be hard to make bitcoin be forgotten because users keep growing by day.  And merchants starting to adopt it and country accepting  it to implement tax lol.

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September 16, 2016, 05:08:15 PM
 #8

I'm thinking about this question, why should anyone invest in bitcoins now? I think some people asked same question 5 years ago, and look what happened.
Seeing that and now, I don't see big difference. People who invest now will have a chance to make good profit when they sell their bitcoins for higher price. I think that is good enough for everyone to think about it, how much safe it is I don't know, I think there isn't 100 % sure investment today. Risk and make profit, stay on a side and miss a train, decision is only yours.

It is a feeling of gut and maybe also even taking risk. I never new that the price eventually would go up to 600 dollar but yet i Invested in bitcoin. For me bitcoin holds the future. Buying bitcoins would mean i would either be able to use my bitcoins in a shop, or profit from speculation. So Win Win.

The same applies for new users, when you buy bitcons approach it the way I did, you may see that it's a Win-Win situation for you too.
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September 16, 2016, 05:12:32 PM
 #9

There is absolutely no reason for you to invest in bitcoin.

There is no reason but the bitcoin is a whole new innovation and I think that its the future so its your own choice.
You are on this way maybe investing in the future of all currency, right ?
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September 16, 2016, 05:50:02 PM
 #10

usage is tied to what people prefer over something, i see bitcoin as a different choice, it's like you are asking why we should choose mastercard when there is visa, for some bitcoin is better because it has some advantage over a debit card, like not be able to lose your fund while performing a buy order, they can not steal your credential because there is only an address

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September 16, 2016, 06:11:30 PM
 #11

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?

First of all, bitcoin is not meant to erase the use of debit and credit cards. It's just some sort of additional option.

Is bitcoin has future? Why don't check it for yourself since you already have some bitcoin on hand.


And why would it be only more expensive over time?

Price volatility.

You will know soon what is this all about as long as you are building your experience in bitcoin world.

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September 16, 2016, 06:12:53 PM
 #12

Bitcoin have a great future.you can invest in bitcoin I am also invest in bitcoin.I was fool at 2009 I had chance to invest in bitcoin but that time I don't think bitcoin will increased that much.
what did you mean by this question Where would btc be used instead of your traditional cashless money via debit/credit cards etc?
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September 16, 2016, 06:22:17 PM
 #13

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?

You've come to the worst possible place for an objective opinion. I myself don't think usage as a currency will be very widespread. For better or worse I think digital gold is a more likely outcome but anything could happen.

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September 16, 2016, 06:38:16 PM
 #14

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?
Not really but with bitcoin you can earn money, why we must invest in bitcoin. there is you heard before if there an investment that can easily give you a profit simply by holding it until prices rise.
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September 16, 2016, 08:33:03 PM
 #15

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?

You've come to the worst possible place for an objective opinion. I myself don't think usage as a currency will be very widespread. For better or worse I think digital gold is a more likely outcome but anything could happen.


All of the above.

Look inside yourself, and you will see that you are the bubble.
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September 16, 2016, 08:36:02 PM
 #16

Because we are on the track right now. If something major doesn't happen (like exchange hacks) Bitcoin won't go lower than 550$. Bitfinex tested this and as you see the support is very strong there. I don't say you should go all in, i say convert some of your wealth into bitcoin. You won't regret it.

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September 17, 2016, 03:36:05 AM
 #17

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?
Many people who invest now in bitcoin because it is the quickest way to earn money . The most popular bitcoin a far lovers to online investing . Because bitcoin is down and up the prices and can also be used to purchase bitcoin to buy altcoins to sell it and get profit.Many user of bitcoin can do to earn money and easy to use.

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September 17, 2016, 03:49:31 AM
 #18

People should invest in BTC right now because Bitcoin is designed to increase its value over time. If you invest right now, you're not going to profit in the next day. That's mostly the case but what if you invest right now and it pumped the next day, then you just earned profit in a day. On the other hand, not investing right now and there's a pump the other day, then you just lost your opportunity to earn some money.
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September 17, 2016, 04:29:12 AM
 #19

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?
Debit/Credit money is not exactly cashless. It is based on the same framework as paper money is. It is the same system called FIAT money.
Bitcoin is something else, it is transparent and finite monetary system. Of course it will be only more expensive over time - unlike every standard FIAT.

Thank you for your answer. But in order for btc to survive, or even thrive, wouldn't it have to be used a lot (at least much more than today)? And what is the probability of that?

I mean I have already bought small stuff with btc and it's neat because there are no fees etc for either side. But not many people have done it, I guess?

And why would it be only more expensive over time?

no not really. even if the level of usage stays the same in the future. bitcoin will "survive" even with the current price. because there is enough investors and also there is enough usefulness for it still.

but apart from all that, as it was also said before, bitcoin is still a new technology and as everything else it takes time to get adopted and grow to a level that price also rises with the mass adoption.

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September 17, 2016, 08:13:54 AM
 #20

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?
1. yes there is a bright future for btc. in 2010, the price of btc was very very low, less than 40$, while today the price has increased upto 600$. btc has a great potential and it can make you very rich even if you just hold it and sell at the right time unlike fiat.
2. btc can be used in many online shops to buy electronics and other goods. but we still have to wait for the day when btc can be used in most of the physical shops as well. and believe, we dont have to wait too long for that day to come.
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September 17, 2016, 08:55:40 AM
 #21

Bitcoin is an interesting and hot investment tool compared to all the old fashion investment options. Potential returns are much greater, in the same time your investment in Bitcoin also functions as some sort of store of value tool, your money is stored outside the banking system, etc. All reasons as to why Bitcoin is a great investment option in todays world.
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September 17, 2016, 08:56:45 AM
Last edit: September 17, 2016, 09:24:26 AM by tee-rex
 #22

usage is tied to what people prefer over something, i see bitcoin as a different choice, it's like you are asking why we should choose mastercard when there is visa, for some bitcoin is better because it has some advantage over a debit card, like not be able to lose your fund while performing a buy order, they can not steal your credential because there is only an address

This is a double-edged sword which cuts both ways. While with Bitcoin it is impossible to steal your credentials, bitcoins themselves can be and are stolen on a pretty regular basis. With payment cards it is also possible to steal the money, but that happens on a by far lesser scale in general and can be easily prevented by using virtual prepaid cards (which are neither reloadable nor rechargeable) if you buy a lot of stuff online. Setting daily limits for your everyday expenses can also greatly diminish your exposure to the risk of theft in the case you are using regular payment cards.
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September 17, 2016, 01:18:55 PM
 #23

You know most of the reasons are here to invest in bitcoin right now, First of all, we all know that bitcoin is on the top in all crypto currencies and if we invest in it than definitely it give us profit. And Secondly no doubt bitcoin will be remain in future, and may be something more goodness will be happened in bitcoin.   

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September 17, 2016, 02:02:16 PM
 #24

You know most of the reasons are here to invest in bitcoin right now, First of all, we all know that bitcoin is on the top in all crypto currencies and if we invest in it than definitely it give us profit. And Secondly no doubt bitcoin will be remain in future, and may be something more goodness will be happened in bitcoin.  

there isn't something as "definitely" getting profits. even not with bitcoin. if it really was that easy, then everyone would put their money into bitcoin and sit back looking at the profits they are making. you are either trading to make profits, or buying coins at lower levels to sell them later on at higher levels. everything you do has a certain risk involved.
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September 17, 2016, 02:14:55 PM
 #25

You know most of the reasons are here to invest in bitcoin right now, First of all, we all know that bitcoin is on the top in all crypto currencies and if we invest in it than definitely it give us profit. And Secondly no doubt bitcoin will be remain in future, and may be something more goodness will be happened in bitcoin.   
And Myspace was the biggest and 'the best' social media network until Facebook appeared. Yahoo was the biggest and 'the best' search engine until google rose to power etc.
The problem that bitcoin is IT project history shows that IT ventures can fail miserably when the bubble pops. I certainly hope that it won't be the case with bitcoin, but the road ahead is bumpy.

But Cryptocurrency is a new concept, it can't be compared directly with companies and centralized serviced I listed. But it doesn't mean we don't experience infancy problems every new tech has.
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September 17, 2016, 03:40:58 PM
 #26

usage is tied to what people prefer over something, i see bitcoin as a different choice, it's like you are asking why we should choose mastercard when there is visa, for some bitcoin is better because it has some advantage over a debit card, like not be able to lose your fund while performing a buy order, they can not steal your credential because there is only an address

This is a double-edged sword which cuts both ways. While with Bitcoin it is impossible to steal your credentials, bitcoins themselves can be and are stolen on a pretty regular basis. With payment cards it is also possible to steal the money, but that happens on a by far lesser scale in general and can be easily prevented by using virtual prepaid cards (which are neither reloadable nor rechargeable) if you buy a lot of stuff online. Setting daily limits for your everyday expenses can also greatly diminish your exposure to the risk of theft in the case you are using regular payment cards.

you need to watch how hacker can easily stole credit card credential and clone it, pretty hilarious how easy that is, many games from g2a for example are there at low cost because they stole funds from card and resell those games at cheaper rate, card skimming is very easy to do

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September 17, 2016, 04:12:35 PM
 #27

because invest with bitcoin is very fast growth capital money
you can trading bitcoin with pair fiat money
or you can trading bitcoin with pair altcoin
so you can very fast growth your capital money
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September 17, 2016, 04:21:28 PM
 #28

It disturbs me that so far my response looks like the most objectively useful one.

Look inside yourself, and you will see that you are the bubble.
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September 17, 2016, 04:23:20 PM
 #29

Bitcoin is an interesting and hot investment tool compared to all the old fashion investment options. Potential returns are much greater, in the same time your investment in Bitcoin also functions as some sort of store of value tool, your money is stored outside the banking system, etc. All reasons as to why Bitcoin is a great investment option in todays world.
Its really said to be a secured place to invest and profit more without much investment. Compared to previous months, its price is bit low. This would be the correct time to invest. Buy more bitcoins as much as it can be. When the price will goes up, the value of what you have saved till now, would really go up and could see a good profit in your wallet.
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September 17, 2016, 05:12:42 PM
 #30

Bitcoin is an interesting and hot investment tool compared to all the old fashion investment options. Potential returns are much greater, in the same time your investment in Bitcoin also functions as some sort of store of value tool, your money is stored outside the banking system, etc. All reasons as to why Bitcoin is a great investment option in todays world.
Its really said to be a secured place to invest and profit more without much investment. Compared to previous months, its price is bit low. This would be the correct time to invest. Buy more bitcoins as much as it can be. When the price will goes up, the value of what you have saved till now, would really go up and could see a good profit in your wallet.

It's not really fair to call the current price low in comparison to how it was before Bitfinex was hacked. If you take the Bitfinex hack into consideration, then the price right now is far from low. I actually expect the price to go below $600 again before the end of next week.
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September 17, 2016, 05:16:49 PM
 #31

And Myspace was the biggest and 'the best' social media network until Facebook appeared. Yahoo was the biggest and 'the best' search engine until google rose to power etc.

There's no point comparing platforms that people can skip between for nothing when one becomes more fashionable. They have nothing invested other than their filthy content which again can be swapped across.

When your money's on the line your current setup becomes rather more compelling.
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September 17, 2016, 08:03:27 PM
 #32

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?
People should invest in Bitcoin because they can make money with it so it is perfect as an secondary income if you ask me.
If you have the money to invest in it then I suggest that you try it out.
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September 18, 2016, 03:01:23 AM
 #33

because bitcoin the best investment
with use bitcoin investment very fast growth capital money
with use bitcoin you can trading bitcoin with pari fiat money, or trading bitcoin pair altcoin
or you can mining bitcoin or altcoin
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September 18, 2016, 03:10:19 AM
 #34

Bitcoin is an interesting and hot investment tool compared to all the old fashion investment options. Potential returns are much greater, in the same time your investment in Bitcoin also functions as some sort of store of value tool, your money is stored outside the banking system, etc. All reasons as to why Bitcoin is a great investment option in todays world.
Its really said to be a secured place to invest and profit more without much investment. Compared to previous months, its price is bit low. This would be the correct time to invest. Buy more bitcoins as much as it can be. When the price will goes up, the value of what you have saved till now, would really go up and could see a good profit in your wallet.

It's not really fair to call the current price low in comparison to how it was before Bitfinex was hacked. If you take the Bitfinex hack into consideration, then the price right now is far from low. I actually expect the price to go below $600 again before the end of next week.

Same speculation. Before the week ends or the month ends . It will not stay at $600 above itt will drop sonner or later. Now it is startig to  drop  but not really too low now. But  next week it will. So that is the time to buy more bitcoin if you want to invest on it.
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September 18, 2016, 03:27:35 AM
 #35

Bitcoin is an interesting and hot investment tool compared to all the old fashion investment options. Potential returns are much greater, in the same time your investment in Bitcoin also functions as some sort of store of value tool, your money is stored outside the banking system, etc. All reasons as to why Bitcoin is a great investment option in todays world.
Its really said to be a secured place to invest and profit more without much investment. Compared to previous months, its price is bit low. This would be the correct time to invest. Buy more bitcoins as much as it can be. When the price will goes up, the value of what you have saved till now, would really go up and could see a good profit in your wallet.

It's not really fair to call the current price low in comparison to how it was before Bitfinex was hacked. If you take the Bitfinex hack into consideration, then the price right now is far from low. I actually expect the price to go below $600 again before the end of next week.

Same speculation. Before the week ends or the month ends . It will not stay at $600 above itt will drop sonner or later. Now it is startig to  drop  but not really too low now. But  next week it will. So that is the time to buy more bitcoin if you want to invest on it.


saying i expect price to go to xyz is worthless unless you say why you think this can hapen.

if you speculate this way then i can saythe same thing and say i expect price to go up to $800 by the end of the week or month or year or decade Cheesy

there is always these smaller ups and downs and you can never predict these things beacuse that will always end up being wrong.


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September 18, 2016, 07:06:24 AM
 #36

Bitcoin is an interesting and hot investment tool compared to all the old fashion investment options. Potential returns are much greater, in the same time your investment in Bitcoin also functions as some sort of store of value tool, your money is stored outside the banking system, etc. All reasons as to why Bitcoin is a great investment option in todays world.
Its really said to be a secured place to invest and profit more without much investment. Compared to previous months, its price is bit low. This would be the correct time to invest. Buy more bitcoins as much as it can be. When the price will goes up, the value of what you have saved till now, would really go up and could see a good profit in your wallet.

It's not really fair to call the current price low in comparison to how it was before Bitfinex was hacked. If you take the Bitfinex hack into consideration, then the price right now is far from low. I actually expect the price to go below $600 again before the end of next week.
yes it is a fact that the price of bitcoin is not so much effected by the bitfinex, as it the price of bitcoin recovered very soon, but i think that the price of bitcoin is not going to down below 600$ it will just above 600$ for some time but after that the price has to move forward and hope to cross 800$ in next month.
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September 18, 2016, 07:11:33 AM
 #37

In my opinion, bitcoin is really good for short term investment. Because the price can easily increase and decrease and when the times come, you can get much profit if you buy at the right time.
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September 18, 2016, 07:22:07 AM
 #38

In my opinion, bitcoin is really good for short term investment. Because the price can easily increase and decrease and when the times come, you can get much profit if you buy at the right time.
but short term investment is too much risky, for example when you buy bitcoin and the price start falling as you was expected that the price will go up so you become confused and start panic selling and lost your money, so if you invest in bitcoin for long term. then you do not take care about the little down fall and remain calm and after some time the price again start increase, we have a live example of the situation after the bitfinex news,
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September 18, 2016, 07:29:33 AM
 #39

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?

not anyone, but people which want to make bitcoin as investment. its depend on the people, they want to make investment in bitcoin or not, we can't push them to make invest on bitcoin.

and i think, many people get wrong perception about bitcoin so they don't know what is the real bitcoin and what is benefit for using bitcoin. and they get only small info about bitcoin, beside that, there are many program affiliate that offering bitcoin as their payment but in the end that programs will scam people so people is just make judgement that bitcoin is wrong investment.
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September 18, 2016, 10:10:28 AM
 #40

Because if they would invest bitcoins now they would be able to earn a lot later
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September 18, 2016, 10:14:33 AM
 #41

I think the days of getting rich with Bitcoin are over.
Unless you already have enough money to invest and sell when the price increases slightly,
you are probably buying as a long term investment.
(Which is fine, since the price seems pretty stable lately.)
Unless some big change happens, I think the price will slowly increase a small amount.

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September 18, 2016, 10:25:20 AM
 #42

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?

The question is kinda confusing, anyway as for the future, i can say yes there is.  Imagine the billion dollar involve in this economy.  And the many people around the world that uses it.  I think it will be hard to make bitcoin be forgotten because users keep growing by day.  And merchants starting to adopt it and country accepting  it to implement tax lol.
Yes you're right there mate, government start using and implementing bitcoin this time and there are so many country used it already and compare last year,and one of the reasons is of collecting some tax on it, they start destroying bitcoin this way. And yes bitcoin has a future many people use it for there daily lives already, and some had already physical stores instead of virtual one, so they've totally think that bitcoin will grow larger and many people around the world will use it as replacement for paypal, as it its good way of payment buying some digital stuffs.
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September 18, 2016, 10:36:57 AM
 #43

In my opinion, bitcoin is really good for short term investment. Because the price can easily increase and decrease and when the times come, you can get much profit if you buy at the right time.

i think long term investment is better in bitcoin, in next block halving, i think bitcoin can reach 4digit, i think $1000 is the minimum stable price. so we can double our money in 4years it's easy and highest interest than bank.

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September 18, 2016, 10:42:39 AM
 #44

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?

The question is kinda confusing, anyway as for the future, i can say yes there is.  Imagine the billion dollar involve in this economy.  And the many people around the world that uses it.  I think it will be hard to make bitcoin be forgotten because users keep growing by day.  And merchants starting to adopt it and country accepting  it to implement tax lol.
Yes you're right there mate, government start using and implementing bitcoin this time and there are so many country used it already and compare last year,and one of the reasons is of collecting some tax on it, they start destroying bitcoin this way. And yes bitcoin has a future many people use it for there daily lives already, and some had already physical stores instead of virtual one, so they've totally think that bitcoin will grow larger and many people around the world will use it as replacement for paypal, as it its good way of payment buying some digital stuffs.
Destroying bitcoin if government accept it they have no plan to destroy instead they will put high taxes. governments are corrupted so we can expect that they will destroy bitcoins..  For now bitcoin is growing year by year more adoption will come this is a good thing or sign that bitcoin is adopted..

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September 18, 2016, 11:08:34 AM
 #45

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?

The question is kinda confusing, anyway as for the future, i can say yes there is.  Imagine the billion dollar involve in this economy.  And the many people around the world that uses it.  I think it will be hard to make bitcoin be forgotten because users keep growing by day.  And merchants starting to adopt it and country accepting  it to implement tax lol.
Yes you're right there mate, government start using and implementing bitcoin this time and there are so many country used it already and compare last year,and one of the reasons is of collecting some tax on it, they start destroying bitcoin this way. And yes bitcoin has a future many people use it for there daily lives already, and some had already physical stores instead of virtual one, so they've totally think that bitcoin will grow larger and many people around the world will use it as replacement for paypal, as it its good way of payment buying some digital stuffs.
Destroying bitcoin if government accept it they have no plan to destroy instead they will put high taxes. governments are corrupted so we can expect that they will destroy bitcoins..  For now bitcoin is growing year by year more adoption will come this is a good thing or sign that bitcoin is adopted..

even if government does anything like putting taxes on bitcoin that don't do anything for bitcoin and it will still continue growing.

it may take a temporary hit but it will come back up and rise to the moon as it has a lot of potential still even if there is taxes on it.

Buying the dip...
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September 18, 2016, 12:26:15 PM
 #46

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?

The question is kinda confusing, anyway as for the future, i can say yes there is.  Imagine the billion dollar involve in this economy.  And the many people around the world that uses it.  I think it will be hard to make bitcoin be forgotten because users keep growing by day.  And merchants starting to adopt it and country accepting  it to implement tax lol.
Yes you're right there mate, government start using and implementing bitcoin this time and there are so many country used it already and compare last year,and one of the reasons is of collecting some tax on it, they start destroying bitcoin this way. And yes bitcoin has a future many people use it for there daily lives already, and some had already physical stores instead of virtual one, so they've totally think that bitcoin will grow larger and many people around the world will use it as replacement for paypal, as it its good way of payment buying some digital stuffs.
Destroying bitcoin if government accept it they have no plan to destroy instead they will put high taxes. governments are corrupted so we can expect that they will destroy bitcoins..  For now bitcoin is growing year by year more adoption will come this is a good thing or sign that bitcoin is adopted..

even if government does anything like putting taxes on bitcoin that don't do anything for bitcoin and it will still continue growing.

it may take a temporary hit but it will come back up and rise to the moon as it has a lot of potential still even if there is taxes on it.
thats right no one can stop the growth of this project not even the taxes coming from the local  government the more people use btc
the more the price will grow for sure.
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September 18, 2016, 03:38:38 PM
 #47

I think the days of getting rich with Bitcoin are over.
Unless you already have enough money to invest and sell when the price increases slightly,
you are probably buying as a long term investment.
(Which is fine, since the price seems pretty stable lately.)
Unless some big change happens, I think the price will slowly increase a small amount.

I agree, on this.  bitcoin price is really very high now especially  in third world country.  Though the opportunity that bitcoin gives to  make you earn alot of money still in effect.  And it is up to us on how to take advantage on it.  Besides  if we work hard and smart, even with not much of financial capacity to invest in bitcoin, we can still accumulate bitcoin thru offering our services.

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September 18, 2016, 04:21:01 PM
 #48

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?
If we can see those prediction of every member and the majority was bitcoin has a big potential next year or maybe this before the year ends , Well we should use bitcoin this can might help us to grow our money is it like were investing our money to cryptocurrency thus traditional money maybe ignore soon and bitcoin will be the main one to use.

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September 18, 2016, 05:42:41 PM
 #49

Yes bitcoin is being used in many real life uses like we now have even bitcoin based visa/mastercard which can be used in any retailers as well as in any ATM for cashing out. Actually the tech behind bitcoin is really an evolutionary idea which can really change the way we do financial transaction in future.

 
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September 18, 2016, 05:51:15 PM
 #50

Because, day by day, more peoples starts using bitcoin and it's becoming a global currency.
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September 18, 2016, 06:24:49 PM
 #51

It comes down to fiat and decentralized currency/commodity. Bitcoin isn't totally decentralized but it's better than fiat. Thats the key and why Bitcoin is the better alternative. Centralization gives room to manipulation, not saying that btc doesn't have room for manipulation either.
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September 18, 2016, 09:22:17 PM
 #52

Many of today many investors who invest in bitcoin because it is one of the fastest money-maker . The bitcoin is also much to be operated for profit just like the trade or altcoins dollar . So bitcoin is a way to earn money and it's just the fastest way to earn because the price up and down. So people support bitcoin for easy to earn.
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September 18, 2016, 11:05:50 PM
 #53

Currently Bitcoin is one of best option for investment because its have very good potential to give you back ROI many peoples already taking this and enjoying as more peoples coming in this community its going to be more attractive for investors 
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September 18, 2016, 11:24:47 PM
 #54

I think the days of getting rich with Bitcoin are over.

That 100% depends on where it goes from here in terms of adoption. Despite all the noise and confirmation bias here, it's effectively nowhere still in the greater scheme of things. It's gotten as far as it can on pure speculation by a small number of enthusiasts.

It either remains an experiment and curio in which case there'll be modest pumps but not enough fresh blood to take it anywhere which is the story of the last three years, or some real utility is delivered and it's used as it's intended to be by an ever increasing number of people.

In that scenario then all the silly predictions might just become a possibility. There's such a lack of perspective that people compare 2013 to the dotcom bubble.

The dotcom bubble consumed trillions of dollars of premier league institutional money. Bitcoin's 2013 bubble was probably fuelled by a few thousand Chinese grannies. There were no finance professionals, no institutional money, there were no exchanges worth shit, no investment vehicles, no tax wrappers, no fundamentals, nothing.

Look up 'crossing the chasm' in terms of how tech is adopted. I dunno where we are, possibly sub early adopter still, but Bitcoin is definitely in some type of chasm. Either it climbs out and ignites or continues to roll around at the bottom.
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September 18, 2016, 11:52:03 PM
 #55

yes, well put ^^^
The only reason I invest in crypto and mine it is because you "need to be in it to know" [who will win]
At least one crypto system WILL be a huge winner, the only question is which one?
Currently, most money is on bitcoin, but it might change, or not.
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September 19, 2016, 12:22:55 AM
 #56

There is no reason to think that bitcoin will fail any time soon. It is becoming more stable as time goes on. Plus the blockchain technology behind it is getting more positive publicity.

 
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September 19, 2016, 01:17:13 AM
 #57

Looking at the price, I think it is still a good time to buy, considering the potential for a price increase in the future. If you have the patience to hold for at least two years, then I think you will be rewarded with a good amount of profits. Also, by watching out for when the price decreases by 5 or 10% in a day because those are the best buying opportunities, when a lot are selling or when there's bad news that results in panic selling.
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September 19, 2016, 02:03:01 AM
 #58

There is no reason to think that bitcoin will fail any time soon. It is becoming more stable as time goes on. Plus the blockchain technology behind it is getting more positive publicity.

everything can happen, maybe in future a new altcoin can beat bitcoin, i dont know what is that's, but the technology will be higher than bitcoin.
but if we see some fact of bitcoin adoption, im sure bitcoin can survive Smiley

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September 19, 2016, 02:49:17 AM
 #59

If a person has spare cash to invest, I think the time is still right for him to buy some bitcoins. It is still relatively cheap, compared to a few months ago when it hit almost $800. And it would be better if he can keep it for the next 2 or 4 years, right up to the next halving event, where there will surely be some pumping going on.
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September 19, 2016, 03:23:10 AM
 #60

There is no reason to think that bitcoin will fail any time soon. It is becoming more stable as time goes on. Plus the blockchain technology behind it is getting more positive publicity.
and if this popularity will increase more for sure the impact will be positive for us as bitcoin users and investors
it is not going to fall now but it will continue to arise bitcoin will be embrace by many in this coming time.
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September 19, 2016, 03:46:25 AM
 #61

There is no reason to think that bitcoin will fail any time soon. It is becoming more stable as time goes on. Plus the blockchain technology behind it is getting more positive publicity.

everything can happen, maybe in future a new altcoin can beat bitcoin, i dont know what is that's, but the technology will be higher than bitcoin.
but if we see some fact of bitcoin adoption, im sure bitcoin can survive Smiley

As an investor for the halving, its best to wait it out then locking away or investing your funds right now. A lot can happen over 4 years, so it would be rather best to put in your money in the 3rd year. I don't see prices going up between then and now anyways.

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September 19, 2016, 06:34:02 AM
 #62

There is no reason to think that bitcoin will fail any time soon. It is becoming more stable as time goes on. Plus the blockchain technology behind it is getting more positive publicity.

everything can happen, maybe in future a new altcoin can beat bitcoin, i dont know what is that's, but the technology will be higher than bitcoin.
but if we see some fact of bitcoin adoption, im sure bitcoin can survive Smiley

As an investor for the halving, its best to wait it out then locking away or investing your funds right now. A lot can happen over 4 years, so it would be rather best to put in your money in the 3rd year. I don't see prices going up between then and now anyways.

Yeah, investing bitcoin before the halving is really good and the best way to do. Luckly i invest my money into bitcoin before the halvin. For now, i don't think invest in bitcoin is a good way. Because we don't know what happen next.
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September 20, 2016, 09:30:14 PM
 #63

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?
You should invest in to Bitcoin now because it can allow you to make some extra money with it which everyone can use. The prices are now are not that high so you should take advantage if this.
Soon the value is going to go up and if you do not buy now it can be to late because the value maybe will never be this low again.
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September 20, 2016, 09:35:16 PM
 #64

There is no reason to think that bitcoin will fail any time soon. It is becoming more stable as time goes on. Plus the blockchain technology behind it is getting more positive publicity.

everything can happen, maybe in future a new altcoin can beat bitcoin, i dont know what is that's, but the technology will be higher than bitcoin.
but if we see some fact of bitcoin adoption, im sure bitcoin can survive Smiley

As an investor for the halving, its best to wait it out then locking away or investing your funds right now. A lot can happen over 4 years, so it would be rather best to put in your money in the 3rd year. I don't see prices going up between then and now anyways.

Yeah, investing bitcoin before the halving is really good and the best way to do. Luckly i invest my money into bitcoin before the halvin. For now, i don't think invest in bitcoin is a good way. Because we don't know what happen next.
i think halving is too far and we are not going to look or predict the price in behalf of halving, but as it was expected before the bitfinex issue that he price will reach to a good high price but after bitfinex hacking issue the price fell down and trade below 600$ for a long time so now as the market is going to recover its position so its expected that the price of bitcoin will again raise to high level therefore i think it is good time to invest bitcoin right now.
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September 21, 2016, 01:58:51 AM
 #65

It's a speculative currency that can introduce you to technology you never knew existed, teach you about cryptography/computer security,  and economics.  Personally I wouldn't invest a huge amount, but the enjoyment and learning opportunities that come from it are enough to make it well worth having a little bit.

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September 21, 2016, 03:02:51 AM
 #66

You still do not know?  Bitcoin is really a good way to invest into.  It is like the fiat currency just do exactly the same but it is more safe, I guess, and it is faster with small fee.  It can be used to pay utility bills like electricity and water.  You can use them to pay online stores which accepts bitcoin as payment. 
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September 21, 2016, 03:35:34 AM
 #67

I'll tell you what:  The price right now is dropping like a stone (sorta).  But right about now, also, I'm down to my last 3 Ramen noods until Thursday when I gets paid.  I'm hoping the price crashes before then so I can buy low, and that's exactly what I'm going to do.  I love it when things crash.  It's better than sex to me.  That flash crash we had back in 2010 in the stock market--I had to sit down for most of the day whilst watching Bloomberg.  Good times.  I even remember the Oct. 1987 crash, though it wasn't as much fun back then. 

Why should anyone invest?  Whodafuckknows?  There's no predicting this market, and there's nothing to analyze except sentiment, which amounts to trying to outguess the rest of the sucker pool.  Buy now or buy later.  Makes no difference.

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September 21, 2016, 05:02:28 AM
 #68

There is no reason to think that bitcoin will fail any time soon. It is becoming more stable as time goes on. Plus the blockchain technology behind it is getting more positive publicity.

everything can happen, maybe in future a new altcoin can beat bitcoin, i dont know what is that's, but the technology will be higher than bitcoin.
but if we see some fact of bitcoin adoption, im sure bitcoin can survive Smiley

As an investor for the halving, its best to wait it out then locking away or investing your funds right now. A lot can happen over 4 years, so it would be rather best to put in your money in the 3rd year. I don't see prices going up between then and now anyways.

Yeah, investing bitcoin before the halving is really good and the best way to do. Luckly i invest my money into bitcoin before the halvin. For now, i don't think invest in bitcoin is a good way. Because we don't know what happen next.

Investing before halving would be  good since as we observe price increases drastically which could really  give us   decent profits. If you  do short trades and  love to see profits then its  still advisable to buy bitcoin as  of  the moment because    the price is going down. We wont definitely knows what the future but the  hope and assumed  things  would might happen.

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September 21, 2016, 06:58:09 AM
 #69

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?
Debit/Credit money is not exactly cashless. It is based on the same framework as paper money is. It is the same system called FIAT money.
Bitcoin is something else, it is transparent and finite monetary system. Of course it will be only more expensive over time - unlike every standard FIAT.

Thank you for your answer. But in order for btc to survive, or even thrive, wouldn't it have to be used a lot (at least much more than today)? And what is the probability of that?

I mean I have already bought small stuff with btc and it's neat because there are no fees etc for either side. But not many people have done it, I guess?

And why would it be only more expensive over time?

no not really. even if the level of usage stays the same in the future. bitcoin will "survive" even with the current price. because there is enough investors and also there is enough usefulness for it still.

but apart from all that, as it was also said before, bitcoin is still a new technology and as everything else it takes time to get adopted and grow to a level that price also rises with the mass adoption.
If you are investing with the bitcoin you will make allot of money off course that is the first thing but what we do know is that allot of people like to get monety with the bitcoin.
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September 21, 2016, 02:23:50 PM
 #70

I'm not recommend you invest in bitcoin, but I chose to invest my money in bitcoin because bitcoin still have potential to give a big advantage. one factor that I see that now there are many people out there who have not become bitcoin user.

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September 21, 2016, 03:39:15 PM
 #71

Yes more and more adoption is coming every day and even many millionaires have found bitcoin a way to secure their funds anonymously in bitcoin so they don't have to pay tax to government. All this will surely gonna increase total marketcap of bitcoin increasing price simultaneously.
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September 21, 2016, 03:46:21 PM
 #72

Yes more and more adoption is coming every day and even many millionaires have found bitcoin a way to secure their funds anonymously in bitcoin so they don't have to pay tax to government. All this will surely gonna increase total marketcap of bitcoin increasing price simultaneously.
the more adoption the more investors and the more people using it will make bitcoin a good investment in the future so if you are looking for a good investment i can say that you should also study bitcoin investment make a little research and find the advantage and the risk that you into before investing your  money.

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DomesticTrader
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September 21, 2016, 07:58:46 PM
 #73

There is no reason to think that bitcoin will fail any time soon. It is becoming more stable as time goes on. Plus the blockchain technology behind it is getting more positive publicity.

everything can happen, maybe in future a new altcoin can beat bitcoin, i dont know what is that's, but the technology will be higher than bitcoin.
but if we see some fact of bitcoin adoption, im sure bitcoin can survive Smiley

As an investor for the halving, its best to wait it out then locking away or investing your funds right now. A lot can happen over 4 years, so it would be rather best to put in your money in the 3rd year. I don't see prices going up between then and now anyways.

Right now investing is not smart because the bitcoin has not a good buy in price if you really want to buy we should wait right now.
If you buy with lower prices you can also make a lot more profits.
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September 22, 2016, 08:39:37 AM
 #74

There is no reason to think that bitcoin will fail any time soon. It is becoming more stable as time goes on. Plus the blockchain technology behind it is getting more positive publicity.

everything can happen, maybe in future a new altcoin can beat bitcoin, i dont know what is that's, but the technology will be higher than bitcoin.
but if we see some fact of bitcoin adoption, im sure bitcoin can survive Smiley

As an investor for the halving, its best to wait it out then locking away or investing your funds right now. A lot can happen over 4 years, so it would be rather best to put in your money in the 3rd year. I don't see prices going up between then and now anyways.

Right now investing is not smart because the bitcoin has not a good buy in price if you really want to buy we should wait right now.
If you buy with lower prices you can also make a lot more profits.

Well bitcoin is speculatory, so it's gonna depend on your prediction if it's worth it to buy btc as of the moment. IMO it's better to wait for a dip, like what happened when BitFinex got hacked. That's buy time.

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September 22, 2016, 09:42:15 AM
 #75

I'm not recommend you invest in bitcoin, but I chose to invest my money in bitcoin because bitcoin still have potential to give a big advantage. one factor that I see that now there are many people out there who have not become bitcoin user.
There is definitely a lot room for potential growth, but whatever potential Bitcoin is having, it will take years before we get to see it (if it ever happens to show up).

In the meantime it's the volatility that people should use in their advantage to benefit from Bitcoin as a relative short term investment plan.

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September 22, 2016, 02:28:04 PM
 #76

Simply because bitcoin has a lot of potential that many people could benefit from it.  It is almost exactly the same as our fiat currency.  The difference only is that every transactions like selling, buying, and paying were made online.  It gives people a hassle free transactions and with no less and sometimes no fee service.
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September 22, 2016, 03:47:39 PM
 #77

Simply because bitcoin has a lot of potential that many people could benefit from it.  It is almost exactly the same as our fiat currency.  The difference only is that every transactions like selling, buying, and paying were made online.  It gives people a hassle free transactions and with no less and sometimes no fee service.

Apart of the potential, which in fact is a good reason to invest into bitcoin, think about the freedom bitcoin gives you when you invest. Invest in any kind of kind of currency and you will see there are limits and boundaries. The amount you can deposit, or withdraw or even transfer to another account.

With bitcoin you don't have these boundaries.
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September 22, 2016, 07:10:03 PM
 #78

Simply because bitcoin has a lot of potential that many people could benefit from it.  It is almost exactly the same as our fiat currency.  The difference only is that every transactions like selling, buying, and paying were made online.  It gives people a hassle free transactions and with no less and sometimes no fee service.

Apart of the potential, which in fact is a good reason to invest into bitcoin, think about the freedom bitcoin gives you when you invest. Invest in any kind of kind of currency and you will see there are limits and boundaries. The amount you can deposit, or withdraw or even transfer to another account.

With bitcoin you don't have these boundaries.


Indeed it gives you a lot of freedom but I would not invest into the bitcoin right now because of the fact that the price is pretty high right now.
I think its simply not worth it.
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September 23, 2016, 01:28:54 AM
 #79

You can invest it right now but in fact it will be the question if you will make a lot of money due the price it has right now.
You can indeed better wait on a a better investing moment, just have some patience so you can also make more profit.
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September 23, 2016, 01:56:01 AM
 #80

Honestly, bitcoin is not suitable for everybody as a form of investment, especially the more conservative kind of investors. With the volatility in price, it serves as a deterrent for those people who would rather keep their money elsewhere because they are only after capital preservation. These people don't want to risk too much and would only go for safer investments.
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September 23, 2016, 05:38:41 AM
 #81

Honestly, bitcoin is not suitable for everybody as a form of investment, especially the more conservative kind of investors. With the volatility in price, it serves as a deterrent for those people who would rather keep their money elsewhere because they are only after capital preservation. These people don't want to risk too much and would only go for safer investments.

You cannot blame them because that is their risk limit. The lesser the risk, the lesser the profit though. Bitcoin can be very risky but if it becomes successful, even with today's prize, we can still be very profitable.
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September 24, 2016, 06:47:52 PM
 #82

Would not invest right now but I would people recommend to stay with their eyes on the bitcoin market till the price gets lower.
If this happens and you will buy you can make some nice profits.
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September 25, 2016, 09:54:01 AM
 #83

Honestly, bitcoin is not suitable for everybody as a form of investment, especially the more conservative kind of investors. With the volatility in price, it serves as a deterrent for those people who would rather keep their money elsewhere because they are only after capital preservation. These people don't want to risk too much and would only go for safer investments.

You cannot blame them because that is their risk limit. The lesser the risk, the lesser the profit though. Bitcoin can be very risky but if it becomes successful, even with today's prize, we can still be very profitable.

"bitcoin is risky" is such an old statement these days.

the price has been so much more stable and changes like the last big drop because of bitfinex hack are so rare and as we already know they will only last a very short time as bitcoin tends to stay at a higher price and continue going up.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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September 25, 2016, 10:15:51 AM
 #84

instead of investing in gold and land, its better we invest in btc, as it is future of economics
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September 25, 2016, 10:19:19 AM
 #85

Honestly, bitcoin is not suitable for everybody as a form of investment, especially the more conservative kind of investors. With the volatility in price, it serves as a deterrent for those people who would rather keep their money elsewhere because they are only after capital preservation. These people don't want to risk too much and would only go for safer investments.

You cannot blame them because that is their risk limit. The lesser the risk, the lesser the profit though. Bitcoin can be very risky but if it becomes successful, even with today's prize, we can still be very profitable.

"bitcoin is risky" is such an old statement these days.

the price has been so much more stable and changes like the last big drop because of bitfinex hack are so rare and as we already know they will only last a very short time as bitcoin tends to stay at a higher price and continue going up.

But actually if you see a drop the next pump will come and it is proven by bitcoins as many times so its better to invest with it since bitcoins have brighter future(i believe so) and rapid growth of users will surely come since bitcoins awareness are bit on the limelight on business sector aswell as in some sort of media talks, and i think that is the great basis for bitcoin to continue to grow in this coming future.


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September 25, 2016, 10:48:36 AM
 #86

Because BTC have more uses than cash. You can't pay cash when your ordering online, I mean you can't pay it directly unlike bitcoin that can be transacted in just a seconds or minutes. Bitcoin have more advantages than cash. First, you don't need to go outside just to pay what you order or just to buy some things, because in bitcoin you can pay it directly online and you'll just gonna wait for their delivery of the product that you bought online compare to cash that you have to go to the mall or something where you can buy the stuff that you want. Second, Bitcoin's price or rate are more higher than cash, bitcoin's price is fluctuating and it's possible that it can hit more than $2000 per 0.00001 btc in the near future compare to cash that's it's value is just stable. That's why it's better to invest BTC than cash.
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September 25, 2016, 10:50:40 AM
 #87

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?
Only bitcoin haz future.Fiat is going to die in next 50 years.Blockchain is the technology of future

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September 25, 2016, 12:12:00 PM
 #88

instead of investing in gold and land, its better we invest in btc, as it is future of economics

instead of this or that you should diversify in you want to be successful in your investment.

buy bitcoin when it goes down and wait for the big rise to make the most amount of profit.

and meanwhile buy gold (and silver if you like) to have a more solid type of investment that can never go wrong especially in long term.

and also the land or investing in real estate is only good in some countries and also in some regions not in general since the profit of this market is not always good. and there are times that you even lose a lot of money.

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September 25, 2016, 12:27:23 PM
 #89

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?
Only bitcoin haz future.Fiat is going to die in next 50 years.Blockchain is the technology of future

Great speculation but we can't predict what will happen to it in the future but i think fiat will remain stronger since many people still using it and also fiat are much more famous among bitcoin, but if bitcoin will surpass the fame and blockchain technology will dominate in future i think it is good news to us since we are using it and maybe we can get more benifits upon this great event and possibly bitcoin will soar high and demands is more going upwards.

R


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September 25, 2016, 12:46:38 PM
 #90

Anyone who is smart enough to understand how bitcoin works should invest according to his/her own possibilities. This train has a bit more space but all slots are filling rather soon.
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September 25, 2016, 12:56:35 PM
 #91

instead of investing in gold and land, its better we invest in btc, as it is future of economics
i agree mate if those example needs some time to increase the value much more bitcoin can be as more and more adoption are happening and popularity keeps on increasing for sure the price will increased too.

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September 27, 2016, 02:55:08 PM
 #92

because it is expecting that the price of bitcoin is going to raise so high in next few months, therefore it is right to buy bitcoins in present time.
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September 27, 2016, 02:58:30 PM
 #93

Would not invest right now but I would people recommend to stay with their eyes on the bitcoin market till the price gets lower.
If this happens and you will buy you can make some nice profits.

I also think that investing right now is not smart because of the fact that the bitcoin is gonna rise but it will first lower and that would be the moment that you have to buy.
Right now buying is way to expensive..
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September 27, 2016, 07:59:49 PM
 #94

Would not invest right now but I would people recommend to stay with their eyes on the bitcoin market till the price gets lower.
If this happens and you will buy you can make some nice profits.

I also think that investing right now is not smart because of the fact that the bitcoin is gonna rise but it will first lower and that would be the moment that you have to buy.
Right now buying is way to expensive..

Right about that you can better wait on a better price to buy and than go fully into the bitcoin if you are asking me
Its gonna be profitable in the future without doubts.
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September 28, 2016, 05:44:07 AM
 #95


Bitcoin is still very new and still very long journey. There is a good future for bitcoin and there are now more and more people are starting to use bitcoin. Bitcoin is suitable for short-term investment because we can benefit from fluctuations.
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September 28, 2016, 07:47:18 AM
 #96

Why would peopel invest into the bitcoin so i think they want to make money as easy as it looks and why not investing into such a big thing than doing nothing make profit with bitcoins will always work.
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September 28, 2016, 03:38:45 PM
 #97

Why would peopel invest into the bitcoin so i think they want to make money as easy as it looks and why not investing into such a big thing than doing nothing make profit with bitcoins will always work.
Yes many people now invest in bitcoin becuase this is the way to get big profit. And bitcoin is easy to earn money. By doing nothing in bitcoin we can earn money easy if bitcoin get in the higher level the price. Thats why many people are being addicted in bitcoin.
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September 29, 2016, 07:21:30 AM
 #98


Bitcoin is still very new and still very long journey. There is a good future for bitcoin and there are now more and more people are starting to use bitcoin. Bitcoin is suitable for short-term investment because we can benefit from fluctuations.

It's not actually new, we've had 2 halving seasons already, although in a sense it's still young. The tech is still developing and improving, everything is in the works and we'd be seeing more innovations over the next few years. Short term? Probably not, as IMO it's better to invest in a blooming BTC startup than play short term. Long game is better IMO.

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September 29, 2016, 08:02:33 AM
 #99

Ofcourse there is really a future for bitcoin. It's a very innovative concept with a nice foundation already. It should be able to be used anywhere you want to use it.
Bitcoin will grow more and more allowing us to use it in more places and the people who were here early will be wealthy.
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September 29, 2016, 08:15:18 AM
 #100

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?
it seems that with the newbie here in this forum you are new to the world of bitcoin . if you will study the bitcoin then you will find you can't only invest in bitcoin but also you can make trade and other everything with this currency .

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arseaboy
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September 29, 2016, 08:24:24 AM
 #101

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?
it seems that with the newbie here in this forum you are new to the world of bitcoin . if you will study the bitcoin then you will find you can't only invest in bitcoin but also you can make trade and other everything with this currency .
thats right theres a lots of things that you can do aside from investing in btc because if you just look around this forum you will get more ideas on how and why you should and what would be the possible earnings in return, by the way bitcoin is already an investment a good asset to hold.

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newcoins1978
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September 29, 2016, 08:46:14 AM
 #102

If you want profit then you should invest into bitcoin right now cause the profit that you are able to earn is insane after a few years.
Ofcourse it's not a quickfix for money it requires patience and investment but it will be rewarded with high value coins.
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September 29, 2016, 12:29:57 PM
 #103

There is no right time for investing in bitcoins if you are planing for long term, because i believe bitcoin rate will skyrocket within few years, But if you need to make some quick results, this is not the right time wait for few more months the price would go down a bit or start growing up, so buy at the right time either up or down.

In future there will be more common credit and debit card which use bitcoins as primary funding options.
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September 29, 2016, 01:28:05 PM
 #104

Ofcourse there is really a future for bitcoin. It's a very innovative concept with a nice foundation already. It should be able to be used anywhere you want to use it.
Bitcoin will grow more and more allowing us to use it in more places and the people who were here early will be wealthy.
We know that already that there are more features about bitcoin , year past , months past and days it always a great to use bitcoin as currency or to start investing right now bitcoin for me is not just for currency but for those people who are using it as payments

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MaritiJames3
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September 29, 2016, 09:22:01 PM
 #105

Ofcourse there is really a future for bitcoin. It's a very innovative concept with a nice foundation already. It should be able to be used anywhere you want to use it.
Bitcoin will grow more and more allowing us to use it in more places and the people who were here early will be wealthy.
We know that already that there are more features about bitcoin , year past , months past and days it always a great to use bitcoin as currency or to start investing right now bitcoin for me is not just for currency but for those people who are using it as payments
Ofcourse there is really a future for bitcoin. It's a very innovative concept with a nice foundation already. It should be able to be used anywhere you want to use it.
Bitcoin will grow more and more allowing us to use it in more places and the people who were here early will be wealthy.
We know that already that there are more features about bitcoin , year past , months past and days it always a great to use bitcoin as currency or to start investing right now bitcoin for me is not just for currency but for those people who are using it as payments

The reason most newcomers invest in bitcoin is for the same reason we invest in bitcoin. Because they/we believe in bitcoin as a worldwide currency. It will succeed and with that it will give bitcoin a good use for us. Because we are free from the tyranny of the banks.
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September 29, 2016, 09:27:13 PM
 #106

because peoples are saying that satoshi nakamato will sell many bitcoins and then that bitcoin price will go kaboom to biggest price ever seen
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September 29, 2016, 09:30:33 PM
 #107

I would not even really recommend you to now invest in the bitcoin because the price is pretty high and I would wait if the price will go to a lower amount if I was you.
It would be better for your profit later!
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September 29, 2016, 11:00:01 PM
 #108

If you want profit then you should invest into bitcoin right now cause the profit that you are able to earn is insane after a few years.
Ofcourse it's not a quickfix for money it requires patience and investment but it will be rewarded with high value coins.
yes that is right to say that if you want to become rich or you want to make good amount of  bitcoin right now and should not wast your time.
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September 30, 2016, 12:06:02 AM
 #109

I would not even really recommend you to now invest in the bitcoin because the price is pretty high and I would wait if the price will go to a lower amount if I was you.
It would be better for your profit later!

It's easy to say something, but can you at least explain why you think the current price is high and thus not good for investing in Bitcoin? The way I look at the current price, it looks to me as a price that is just about right, because it's not over bought, and not over sold. Equal chances of seeing the price go in both up and down directions.
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September 30, 2016, 12:19:32 AM
 #110

I would not even really recommend you to now invest in the bitcoin because the price is pretty high and I would wait if the price will go to a lower amount if I was you.
It would be better for your profit later!

It's easy to say something, but can you at least explain why you think the current price is high and thus not good for investing in Bitcoin? The way I look at the current price, it looks to me as a price that is just about right, because it's not over bought, and not over sold. Equal chances of seeing the price go in both up and down directions.
thats right its not high or low its trying to establish one position to another and it is acceptable if you are planning to invest for a long time.
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September 30, 2016, 02:42:21 AM
 #111

I would not even really recommend you to now invest in the bitcoin because the price is pretty high and I would wait if the price will go to a lower amount if I was you.
It would be better for your profit later!

It's easy to say something, but can you at least explain why you think the current price is high and thus not good for investing in Bitcoin? The way I look at the current price, it looks to me as a price that is just about right, because it's not over bought, and not over sold. Equal chances of seeing the price go in both up and down directions.
If you are taking positions for the long term, I think the price is still at very reasonable levels. Sooner or later, we are going to see another significant movement. What direction it takes is anybody's guess. But at these levels, I would not hesitate buying some if I have the budget. We might the price rise and fall a little in the short term, but the long term pattern of continued increase is still there.
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September 30, 2016, 03:46:58 AM
Last edit: September 30, 2016, 03:57:22 AM by TERA
 #112

Here are a few reasons why you might buy or use Bitcoin:

1) You think a rise in bitcoin adoption is around the corner or will inevitably come.
2) You are a trader looking at a chart and you analyze that a move upwards is imminent, at which point you will sell for a profit.
3) You are a doomsday prepper who thinks fiat money will collapse but bitcoin will still hold value and be usable.
4) You aren't prepping for doomsday but still think fiat money will slowly inflate while bitcoin doesnt and you dont have particular confidence in any other investments.
5) You are a nerd and Bitcoin is the only investment you really know anything about the fundamentals of, and don't want to bother with anything else. Your pride doesn't let you hold less than X% of bitcoins and being part of the bitcoin elite.
6) You are afraid of the government freezing your money.
7) You are running a criminal enterprise, evading taxes, or using the black market.
8.) You hold bitcoins in order to trade altcoins or gamble. You get a double benefit of investing in bitcoin while also making profits of your trades. There are some services that even do forex or stocks instead of altcoins.
9) You made a lot of bitcoins trading in 2013, already cashed out a decent profit, and are committed to riding on a percentage of the profits permanently. (me)
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September 30, 2016, 04:30:25 AM
 #113

Here are a few reasons why you might buy or use Bitcoin:

1) You think a rise in bitcoin adoption is around the corner or will inevitably come.
2) You are a trader looking at a chart and you analyze that a move upwards is imminent, at which point you will sell for a profit.
3) You are a doomsday prepper who thinks fiat money will collapse but bitcoin will still hold value and be usable.
4) You aren't prepping for doomsday but still think fiat money will slowly inflate while bitcoin doesnt and you dont have particular confidence in any other investments.
5) You are a nerd and Bitcoin is the only investment you really know anything about the fundamentals of, and don't want to bother with anything else. Your pride doesn't let you hold less than X% of bitcoins and being part of the bitcoin elite.
6) You are afraid of the government freezing your money.
7) You are running a criminal enterprise, evading taxes, or using the black market.
8.) You hold bitcoins in order to trade altcoins or gamble. You get a double benefit of investing in bitcoin while also making profits of your trades. There are some services that even do forex or stocks instead of altcoins.
9) You made a lot of bitcoins trading in 2013, already cashed out a decent profit, and are committed to riding on a percentage of the profits permanently. (me)

TERA, you are absolutely right, actually i am speechless, i think you are giving us perfect answer.
But about OP, i suggest the bitcoin because it is a different crypto currency from fiat, and should do investment in a different way. And if we want to do any investment or trading in online than on one is best currency from bitcoin. When we come in bitcoin than it gives us most of the other ways to make profit. Personally i think that bitcoin is a new and future technology.
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September 30, 2016, 07:31:23 AM
 #114

You should invest in btc right now< cause right now the price is quite low compared to what it will reach in the next 5 years.
So to invest later instead of now is a waste of money and it won't be worth it anymore if we are further down the line cause the price will be too high already to still make profit.
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September 30, 2016, 07:55:36 AM
 #115

bitcoin currently has a good prospect. There are many advantages of bitcoin. one of them is the speed and reliability.
because bitcoin we can transact wherever and whenever. I've invested some of my money and I feel happy.
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September 30, 2016, 01:26:51 PM
 #116

you should take a look at what bitcoin is offering and learn more about its features and if you are not convinced then and if you can't see the potential the don't invest but i assure you that if you really seek the potential of bitcoin and realize it then you will stop at nothing to buy more bitcoin before it is too late.

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September 30, 2016, 02:17:23 PM
 #117

you should take a look at what bitcoin is offering and learn more about its features and if you are not convinced then and if you can't see the potential the don't invest but i assure you that if you really seek the potential of bitcoin and realize it then you will stop at nothing to buy more bitcoin before it is too late.

Most of the value for bitcoin comes from the blockchain technology. If the banks successfullly implement that technology in the financial system, then bitcoin would likely take a big hit. So not all is good.

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September 30, 2016, 02:20:20 PM
 #118

you should take a look at what bitcoin is offering and learn more about its features and if you are not convinced then and if you can't see the potential the don't invest but i assure you that if you really seek the potential of bitcoin and realize it then you will stop at nothing to buy more bitcoin before it is too late.

The most people see the reason why they are investing in the bitcoin pretty fast, its only the question if you should invest in it right now because the price is pretty high too buy..
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September 30, 2016, 03:39:18 PM
 #119

you should take a look at what bitcoin is offering and learn more about its features and if you are not convinced then and if you can't see the potential the don't invest but i assure you that if you really seek the potential of bitcoin and realize it then you will stop at nothing to buy more bitcoin before it is too late.

The most people see the reason why they are investing in the bitcoin pretty fast, its only the question if you should invest in it right now because the price is pretty high too buy..

Yes buying bitcoin as  of now  is quite does have  already a high price but still we should  put  up through our minds that bitcoin price would not go lower over 500 price for sure and  600 is still low to consider  because we could really assume that bitcoins price would increase further  more.

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September 30, 2016, 04:59:13 PM
 #120

because the current price is relatively low, visible if compared with the predictions of the future of the bitcoin will always grow so the price will be higher in the future and in my opinion is good for investment now in bitcoin.
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September 30, 2016, 05:07:12 PM
 #121


Yes buying bitcoin as  of now  is quite does have  already a high price but still we should  put  up through our minds that bitcoin price would not go lower over 500 price for sure and  600 is still low to consider  because we could really assume that bitcoins price would increase further  more.

More importantly, if people does have an extra ammo to buy coins then just go with it and wait for the output later. $300, $400 and $500 is considered as high price in the past but now it's a cheap price to consider.

It can happen also to $600 and it's reasonable to believe. Besides I can't imagine now what will happen if the price will reached below $500 and now halving is occured. It's a dissapointment by some of the miners.

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September 30, 2016, 07:47:51 PM
 #122


Yes buying bitcoin as  of now  is quite does have  already a high price but still we should  put  up through our minds that bitcoin price would not go lower over 500 price for sure and  600 is still low to consider  because we could really assume that bitcoins price would increase further  more.

More importantly, if people does have an extra ammo to buy coins then just go with it and wait for the output later. $300, $400 and $500 is considered as high price in the past but now it's a cheap price to consider.

It can happen also to $600 and it's reasonable to believe. Besides I can't imagine now what will happen if the price will reached below $500 and now halving is occured. It's a dissapointment by some of the miners.

I believe that we will not see price of $500 now, it may start rising slowly and steadily, so I think current price is good invest in in btc as in future even $600 will be treated as a low price.
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September 30, 2016, 11:33:40 PM
 #123

Honestly, as much as I dislike altcoins, I think right now you're probably better of buying altcoins instead.   

Bitcoin just seems crippled right now and is not keeping up with progression.
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October 01, 2016, 12:29:47 AM
 #124

I am quite confident that the technology will develop rapidly bitcoin. even in a few years the price of bitcoin has become very high on the internet. bitcoin many advantages that no other transaction tool, so I'm sure with the possibility of investing in the form of bitcoin, surely it will be profitable in the future
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October 01, 2016, 03:32:53 AM
 #125

I am quite confident that the technology will develop rapidly bitcoin. even in a few years the price of bitcoin has become very high on the internet. bitcoin many advantages that no other transaction tool, so I'm sure with the possibility of investing in the form of bitcoin, surely it will be profitable in the future
so true . bitcoin gives us the ease and everything became very quickly. conducting financial transactions become very easy.
I still want to be part of the development of bitcoin. invest as much as possible in bitcoin.
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October 01, 2016, 03:43:36 AM
 #126

because bitcoin currently has a high prospect. if we invest in bitcoin then we can assist in the future development of bitcoin.
we can take a positive impact in the future and benefit.

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October 01, 2016, 08:42:23 AM
 #127

because I think we have to look at the history of bitcoin prices in 2009 when the price of bitcoin very cheap under $10 and then three years later the price rise by more than $1000. anyone would not have guessed it. so I thought the same as it is now better to invest in bitcoin, before the price will go higher in the future.

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October 01, 2016, 09:38:45 AM
 #128

Well, as you see bitcoin's price is more stable now and it's good time to buy for further profit. Many people was saying that bitcoin's price would be halfly doubled or fully doubled after halving but as wee see, there is nothing changed at all and it become more stable but in future there also will be halving and when the time would come and there will be 23 million bitcoin, than it's price will be much, much higher than ever and I think min profit must be x10

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October 01, 2016, 05:49:27 PM
 #129

Well, as you see bitcoin's price is more stable now and it's good time to buy for further profit. Many people was saying that bitcoin's price would be halfly doubled or fully doubled after halving but as wee see, there is nothing changed at all and it become more stable but in future there also will be halving and when the time would come and there will be 23 million bitcoin, than it's price will be much, much higher than ever and I think min profit must be x10

I agree, there is a slim possiblity that we are able  to see sub 400 USD Bitcoin now, and the price at this point is the price value of bitcoin after the correction stage, from here there is a big possibility that bitcoin will increase in price in the near future because of people getting into bitcoin everyday.

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October 01, 2016, 06:01:01 PM
 #130

Bitcoin is one of those best, mind blowing  and  innovative inventions in our lifetime. It is getting a good  traction from people all over the world. I am happy to find it now even though I have missed it at 2009. The main point is, you don't want to miss the ride again by not buying it. Yes, there are no guarantees. But tell me about the things you can give "guarantee" in life.  Wink


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October 02, 2016, 12:07:15 PM
 #131

Well, as you see bitcoin's price is more stable now and it's good time to buy for further profit. Many people was saying that bitcoin's price would be halfly doubled or fully doubled after halving but as wee see, there is nothing changed at all and it become more stable but in future there also will be halving and when the time would come and there will be 23 million bitcoin, than it's price will be much, much higher than ever and I think min profit must be x10

I agree, there is a slim possiblity that we are able  to see sub 400 USD Bitcoin now, and the price at this point is the price value of bitcoin after the correction stage, from here there is a big possibility that bitcoin will increase in price in the near future because of people getting into bitcoin everyday.

Their are still possibilities for price to get down but for now it would not happen since bitcoins price and strength are on the peak of explosiveness, and for that i really see some great futurr for this coin, provably each day the price of this coin will be lifted out and it will raise for the price that we don't expect to be happen, so its better really to invest in bitcoin since oppurtunities are so many for this coin if we know how to use this.


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nindie
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October 02, 2016, 03:43:40 PM
 #132

because with use bitcoin very fast growth money
use bitcoin you can trading pair altcoin or trading bitcoin pair fiat money
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October 02, 2016, 05:41:09 PM
 #133

because with use bitcoin very fast growth money
use bitcoin you can trading pair altcoin or trading bitcoin pair fiat money

i agree bitcoin is really growing fast even with lots of hiccups along the road.  I wonder when can bitcoin beat the peak way back 2 years ago, seems lots of people are still at a deficit (those who bought at 1k+ usd)  Still i think it is better to buy btc now coz people are hoarding bitcoin and waiting for the price to increase and dump when it hit more than thousand dollar.

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Dora Doll
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October 02, 2016, 07:18:04 PM
 #134

i think the only reason is that it is expected that the price of bitcoin is going to increase so much in next few months therefore no one should miss the opportunity and must invest the full assets in bitcoin.
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October 02, 2016, 07:30:26 PM
 #135

i think the only reason is that it is expected that the price of bitcoin is going to increase so much in next few months therefore no one should miss the opportunity and must invest the full assets in bitcoin.
There isn't really anything to back that statement up though, unless you know something I don't. From what I've seen there isn't anything bound to happen for a while, and there are no big planned events on the way. The market doesn't look enthusiastic right now either. For all I know you're basing your statement on things happening irl, which would make sense.
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October 02, 2016, 07:33:17 PM
 #136

Honestly, as much as I dislike altcoins, I think right now you're probably better of buying altcoins instead.   

Bitcoin just seems crippled right now and is not keeping up with progression.

alt coinsd are highly volatile  so its easy to make or lose a few 100%  in a day etc but bitcoin  is the gold standard of crypto
bitcoins are more of a solid  investment whereas altcoins are more like a pump and dump scheme by
people trying to acquire more bitcoins
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October 02, 2016, 07:35:49 PM
 #137

because with use bitcoin very fast growth money
use bitcoin you can trading pair altcoin or trading bitcoin pair fiat money

i agree bitcoin is really growing fast even with lots of hiccups along the road.  I wonder when can bitcoin beat the peak way back 2 years ago, seems lots of people are still at a deficit (those who bought at 1k+ usd)  Still i think it is better to buy btc now coz people are hoarding bitcoin and waiting for the price to increase and dump when it hit more than thousand dollar.

i bought my first bitcoins for $6 and and im still buying mo0re at $600

i will not be dumping at 1000 either ,the next ATH wuill be 3000-5000 imo
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October 02, 2016, 09:44:20 PM
 #138

i think the only reason is that it is expected that the price of bitcoin is going to increase so much in next few months therefore no one should miss the opportunity and must invest the full assets in bitcoin.

That's true. In fact the price is increasing fast nowadays and it's really predicted it will rise a lot more in the next few months and may be it will reach 1000$ or more by the end of this year.
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October 02, 2016, 09:59:30 PM
 #139

Anyone should invest in btc right now because it have promising potential and most likely the price will increase a lot more in the next coming months , so we can make good profit this way
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October 03, 2016, 07:50:04 AM
 #140

People are investing into the bitcoin right now because they think that the price of the bitcoin is going to rise but i don't think that would happen right now.
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October 03, 2016, 08:22:49 AM
 #141

Why should people invest into the bitcoin right now i think if they want to make seriuous money you should buy bitcoins right now because it is very important to make money.
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October 03, 2016, 08:22:53 AM
 #142

Investing into the bitcoin right now is maybe not the best moment becuase the price is to high so you cant make much profit becuase i dont see the price rising lots after this price you know so wait till the price drops a bit.
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October 03, 2016, 08:33:22 AM
 #143

Is there really a future for it?  Where would btc be used instead of your traditional cashless money via debit/credit cards etc?
You should invest in Bitcoin right now because at the moment the price is not really that high so most people can afford it.
If you do not want to miss it then buy now because the Bitcoin is only going to end up higher and higher.
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October 03, 2016, 08:42:32 AM
 #144

Investing into the bitcoin right now is maybe not the best moment becuase the price is to high so you cant make much profit becuase i dont see the price rising lots after this price you know so wait till the price drops a bit.

The price feeling so high (no pun intended) is entirely subjective. Bitcoin is probably not really overpriced at all. It just looks expensive with respect to what had happened in the past, when its price had been sticking around $250 per coin. But in retrospect, it may turn out that you would not be in fact overpaying for it if you decided to buy bitcoins right now. It can go down a few dozen dollars, but the upside is virtually unlimited.
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