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Author Topic: why should anyone invest in btc right now?  (Read 5764 times)
Shiroslullaby
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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.

Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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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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Doms
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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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Schuyler
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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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