Bitcoin is a good investment now, because...

[IsaacBitcoiner]

I think the price has dropped to a point where it will be difficult to find a better opportunity. The price may drop a little more, but it probably will not reach the seventy-fifty dollar range again. This may be a good opportunity to invest, in my opinion, because besides the fact that the price has dropped a lot, there are many events that may occur this year that can bring much attention to Bitcoin.

Probably many apps will be ready this year... Megaupload 2.0, for example, has already been able to raise millions of dollars in fundraising.

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[hajimasan]

It's best to invest money in bitcoin now because it's rtae is quite low now and in future it's rate will shore very high and at that time we might make hefty profit by selling our bitcoin.

[Mastsetad]

I also think so.

The fact that the price dropped so much in just few minutes hurt the trust in bitcoin as a currency.

Most of the people who invested in bitcoin or used it as a currency, lost a lot of value and will probably won't come back to bitcoin.

Someone should surely not do that. If they invested and the price dropped then they should wait for the price to grow again. They should have known the risk involved with investing in bitcoin because we all know that something goes up has to come down too, so they should be quite patient i guess.

[logic-bet]

BITCOIN GOES TO WASHINGTON – TRUMP MAY HIRE MORE DIGITAL CURRENCY LEADERS

President-elect Donald John Trump seems to have a lengthy to-do list when it comes to “making America Great Again.” This apparently includes meeting with, and potentially hiring many Bitcoin advocates and executives to join him in his administration.

Yesterday, Trump met with two more people aligned with Bitcoin and its supporters for potential positions in Washington.

This movement started with Peter Thiel, PayPal co-founder (with Tesla’s Elon Musk), and initial financier of Facebook, who has been a part of Trump’s political Transition Team since the election last year.

Thiel has been on the record saying that Bitcoin was what PayPal was supposed to be, as it pertains to being a future online medium of exchange itself, not necessarily envisioned as the online fiat currency clearing house that it has become. Theil has invested millions in Bitcoin businesses over the years.

Thiel is closely linked to the two men Trump met with yesterday, who are both being interviewed for potential roles in the Food and Drug Administration, and both have been critical of the FDA’s leadership recently.

Jim O’Neill was once a former Health and Human Services official under President George W. Bush, and he currently works at Mithril Capital Management, where Thiel is also a co-founder. His recent commentary about the FDA has raised eyebrows in Washington, and this seems to have attracted the interest of Trump.

“We should reform FDA so that it’s approving drugs after their sponsors have demonstrated safety and let people start using them at their own risk, but not much risk of safety,” O’Neill said back in 2014. “But let’s prove efficacy after they’ve been legalized.”

BITCOIN STARTUP CEO UNDER CONSIDERATION

The other gentlemen under consideration is Balaji Srinivasan, who is an executive at venture capital firm Andreessen Horowitz, and founder of 21.co. The startup made headlines last March when it set a record for venture capital funding for a Bitcoin start-up, generating $116 million USD in capital.

The company creates Bitcoin mining computers, among other components. He has tweeted about his displeasure of the FDA in the past.

OTHER BITCOIN-FRIENDLY, FRIENDS OF TRUMP

Next week could be the finalization of these roles under consideration. Trump has already tapped known Bitcoin advocate Congressman Mick Mulvaney (R-S.C.) to run the Office of Management and Budget. Mulvaney has been a fixture on any discussion on Capitol Hill dealing with blockchain, digital currencies, and fintech. He has been seen teaching other politicians about the benefits of these new technologies to the future of American economics.

[millgates]

It's best to invest money in bitcoin now because it's rtae is quite low now and in future it's rate will shore very high and at that time we might make hefty profit by selling our bitcoin.

I agree with you friend, bitcoin is really appropriate for transaction of buying and selling in the future, although people loves virtual activity but the adoption of bitcoin is still small. If we have many bitcoin now we could be rich in the future.

[hawkins]

It's best to invest money in bitcoin now because it's rtae is quite low now and in future it's rate will shore very high and at that time we might make hefty profit by selling our bitcoin.

I agree with you friend, bitcoin is really appropriate for transaction of buying and selling in the future, although people loves virtual activity but the adoption of bitcoin is still small. If we have many bitcoin now we could be rich in the future.

Well, many of which take advantage of this moment to buy a lot of bitcoin. see, when the bitcoin prices fell below $ 800, I'm sure, a lot of people who have bought bitcoin, because they believe the price of bitcoin will rise again.
and today has been proven, that the price of bitcoin back has a price above $ 800, and I am sure, soon the price of bitcoin will reach over $ 900. This looks to be an excellent investment.

[delliaerd]

For someone who can take a chance from the fluctuations of bitcoin to get some profit, I think bitcoin is very good investment. As most trader do, they active buy and sell bitcoin into dollars/fiat and get profit if bitcoin which have bought by them increase few percent. There is many similar ways to invest bitcoin, just find from this forum.

[ophyrim]

Maybe 99.9% of people in the word doesn't know what is bitcoin, altcoins or cryptocurrencies. Many big companies, investors or even the countries are unaware. In the future, the consciousness about bitcoin will increase inevitably. Which means the demand for the bitcoin will increase. And as you know when the demand increases the price will also increase. Which make bitcoin a good investment now.

[mornabo]

For someone who can take a chance from the fluctuations of bitcoin to get some profit, I think bitcoin is very good investment. As most trader do, they active buy and sell bitcoin into dollars/fiat and get profit if bitcoin which have bought by them increase few percent. There is many similar ways to invest bitcoin, just find from this forum.

bitcoin will be a good investment if you want to be patient in waiting for prices to rise. because bitcoin prices going up and down very quickly. if you can not wait necessarily that you get only loss

[cpfreeplz]

Maybe 99.9% of people in the word doesn't know what is bitcoin, altcoins or cryptocurrencies. Many big companies, investors or even the countries are unaware. In the future, the consciousness about bitcoin will increase inevitably. Which means the demand for the bitcoin will increase. And as you know when the demand increases the price will also increase. Which make bitcoin a good investment now.

You have to consider the fact that bitcoins may end up only being a way for sending money far away or storing it. In that case it won't be adopted by the masses because not everyone needs to store wealth of send money overseas.

[DIX]

New Spanish Exchange Converts Bitcoin and Fiat Currencies at 7,000 ATMs


HolyTransaction Trade is a new universal cryptocurrency wallet in Spain that enables bitcoin and Euro instant conversions. Within Spain’s 7,000 ATMs, a person can convert their bitcoin into fiat currencies and vice versa, helping to push the country into the digital world.

HolyTransaction has teamed up with HalCash, a global electronic platform that allows users, both banked and unbanked, to send and receive money, nationally and internationally, instantly and securely. This means that any banks linked to the HalCash network can convert bitcoin into Euros and withdraw cash from the banks ATMs.

Speaking to CCN, Francesco Simonetti, CEO of HolyTransaction, said:

We started working with HalCash and a local payment processor to enable the withdrawal of cash for HolyTransaction’s Spanish customers. [We] then decided to help expand HalCash’s network to more countries.

On top of Spain the HalCash network also includes Poland, bringing the total number of ATMs that can convert bitcoin and Euros up to more than 10,000.

With the use of Teleingreso, a fast and secure payment processor, an individual can purchase bitcoin through its network of over 3,000 ATMs, 2,000 post offices, and 300 retail stores.

By selecting Teleingreso as the preferred online payment method, a person will receive a unique nine-digit code, which enables a payment to be made after visiting any of the networked ATMs to make a payment.

Bitcoin on the Rise After 2008

Since the 2008 financial crisis, which saw many European economies including Spain’s fall into decline, many people started seeking alternative measures that didn’t require traditional banking methods.

Simonetti states that the rise of bitcoin in Spain has increased since then with bitcoin continuing to advance in the Spanish nation.

Since a lot of people lost their houses during the financial crisis, more people started to look into bitcoin in order to live without using a bank.

In October last year, a report from Europa Press found that AMETIC, an information technology foundation in Spain, had announced that there was a need for the Spanish government to form a Ministry of Economy and Digital Society. It was reported that this was to help define the digital strategy for Spain.

Simonetti believes, however, that it is down to the regulated environment and the readiness of local banks to help with bitcoin services that is helping to drive the digital currency in the country.

What Next?

To use HolyTransaction a person doesn’t require a wallet on the platform and doesn’t require registering either. However, if they already have a wallet from a different wallet provider this can be used on HolyTransaction.

Customers of the exchange also have the opportunity of creating a prepaid virtual Visa card with bitcoin that enables them to buy anything they want online with most e-commerce shops accepting Visa payments.

According to Simonetti the recently launched platform has attracted thousands of customers from around the world, but he points out that they have plans to grow the company.

[strasboug]

Bitcoin is a good investment because there are already many adoptions and more and more services and business will use it. More and more people will use it thus making it more and more valuable.

[1Referee]

You have to consider the fact that bitcoins may end up only being a way for sending money far away or storing it. In that case it won't be adopted by the masses because not everyone needs to store wealth of send money overseas.

If I take myself as an example, then the currency aspect of Bitcoin in the way that I can purchase stuff locally isn't interesting for me. Especially when you consider that fiat related payment platforms have upped their game immensely. I can buy everything I want instantly and free, where everything I buy gets insured as well. In that regard, the currency aspect for doing local shopping isn't and shouldn't be Bitcoin's selling point. Bitcoin's selling point is that you can use it as a store of value tool, that you 24/7 can transfer money from one place to another instantly, that you can use it to hedge whatever negative economical situation, escaping the banking/governmental system, etc. These are the features that will draw a lot attention to Bitcoin in the coming years.

[whizter]

Bitcoin is a good investment because there are already many adoptions and more and more services and business will use it. More and more people will use it thus making it more and more valuable.

because the price is now decrease to 800 USD and it is expected that the price will get increase in next few months therefore i think it is best time to purchase bitcoin and then hold it for some time.

[shine1123]

Bitcoin is a good investment now, because in 2017 many people start using bitcoins, many online shops also accept bitcoin as the payment for buying and selling something online. If you see the bitcoins price, the price can easily increase and decrease. It's good for trading and investment.

[Doms]

Anything that has a potential to grow by at least 20% annually is I would say a pretty good investment. That is what bitcoin has accomplished over the past few years, with it becoming the best performing currency of 2016 worldwide, and not even another currency coming close to it. That is why it is a solid investment, but you just have to be patient and not too emotional because the price can really swing up and down.

[bitcoin31]

Bitcoin is a good investment now, because someday i believe the bitcoin price will go to the moon
at least $1000 per bitcoin , we all know that bitcoin have fluctuative price so we can buy now with low price
so if the future will go to the moon we will get big profits if we buy lots of bitcoins

Yes a lot people know about bitcoin because it easy to earn money here. It is easy to invest here. It is easy to trade here. And lastly it is easy gamble here. You can also other person in this industry know there income, know there strategy and know there problem on how they are scam or whatever.

Yes many people investing and trusting in bitcoin everyday , every month and every year so the bitcoin price its continue increasing. Last week the price of bitcoin is $1100 and its very good to the bitcoin world . but as of now bitcoin price goes Down to $800++ and its good us because we have a chance to buy more bitcoin and wait the price to increase again at $1000 and then sell it. I think this 2017 bitcoin price will reach $1500. This is not late to invest and to buy bitcoin now don't wait the price up at $1500. Buy more bitcoin guyz and you will be happy in the future.

[symphony_x]

Good support at $800

[gilangIDR]

The main goal is the use bitcoin as a currency substitute for real money that exists today. but other than that bitcoin can be used as a very profitable investment. even today many people who left his job in the real world for the sake of focus on work in bitcoin.

[blackstone]

you should buy the bitcoins now as the price of bitcoins have lower down as because of the crash .you should wait for the bitcoins to go high ,like 10 years .you will end up  having a lot of profit .