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Author Topic: why should anyone invest in btc right now?  (Read 5841 times)
philiveyjr
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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.
AsaroUk
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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.

groll
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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. 
The Sceptical Chymist
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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.
arseaboy
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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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