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arseaboy
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September 29, 2016, 08:24:24 AM |
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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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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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newcoins1978
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September 29, 2016, 08:46:14 AM |
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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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buxlover
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September 29, 2016, 12:29:57 PM |
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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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Docnaster
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September 29, 2016, 01:28:05 PM |
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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 |
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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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HateNATO
Member
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Activity: 92
Merit: 10
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September 29, 2016, 09:27:13 PM |
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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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BitsandBites
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September 29, 2016, 09:30:33 PM |
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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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Superbitzz
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September 29, 2016, 11:00:01 PM |
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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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richardsNY
Legendary
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Activity: 1232
Merit: 1091
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September 30, 2016, 12:06:02 AM |
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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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Caladonian
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September 30, 2016, 12:19:32 AM |
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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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Doms
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September 30, 2016, 02:42:21 AM |
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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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TERA
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September 30, 2016, 03:46:58 AM
Last edit: September 30, 2016, 03:57:22 AM by TERA |
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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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Oralmat
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September 30, 2016, 04:30:25 AM |
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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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bitlancr
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September 30, 2016, 07:31:23 AM |
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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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jerowacik
Legendary
Offline
Activity: 1162
Merit: 1000
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September 30, 2016, 07:55:36 AM |
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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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talkbitcoin
Legendary
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Activity: 1372
Merit: 1032
All I know is that I know nothing.
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September 30, 2016, 01:26:51 PM |
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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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philiveyjr
Legendary
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Activity: 840
Merit: 1000
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September 30, 2016, 02:17:23 PM |
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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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CoinsRoyal
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September 30, 2016, 02:20:20 PM |
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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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dunfida
Legendary
Offline
Activity: 3080
Merit: 1130
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September 30, 2016, 03:39:18 PM |
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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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dinda22
Legendary
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Activity: 1232
Merit: 1000
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September 30, 2016, 04:59:13 PM |
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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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