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Author Topic: Bitcoin is a good investment now, because...  (Read 105501 times)
Indijanos
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December 21, 2016, 03:32:34 PM
 #401

Because it is a badass.  Grin

Just look at where it is now. You could reminisce way back it was just $300+ then try to view it again and you will how cool to have even just 1 bitcoin in your wallet.

Nobody had believed in 2012 that Bitcoin will go over $50 EVER. And one year later it didn't go up to $50.. It went up to $1200! Huge increase in such a short time. Imagine having 100 Bitcoins in 2012 (1BTC was $10) and one year later the $1k you spent suddenly turns into $120000. This was caused by the halving which took place only once ever since Bitcoin has been released. The second halving took place a few months ago.. Will we see the same effect taking place soon??

The price is already rising quite fast. I've checked around 12h earlier and it was at 790$, and I've checked an hour earlier and it got to 800$. I can surely say that in the early 2017, mid 2017 to give it more time will rise up too 950$ if not to 1k$.

tee-rex
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December 21, 2016, 05:31:31 PM
 #402

Because it is a badass.  Grin

Just look at where it is now. You could reminisce way back it was just $300+ then try to view it again and you will how cool to have even just 1 bitcoin in your wallet.

Nobody had believed in 2012 that Bitcoin will go over $50 EVER. And one year later it didn't go up to $50.. It went up to $1200! Huge increase in such a short time. Imagine having 100 Bitcoins in 2012 (1BTC was $10) and one year later the $1k you spent suddenly turns into $120000. This was caused by the halving which took place only once ever since Bitcoin has been released. The second halving took place a few months ago.. Will we see the same effect taking place soon??

The price is already rising quite fast. I've checked around 12h earlier and it was at 790$, and I've checked an hour earlier and it got to 800$. I can surely say that in the early 2017, mid 2017 to give it more time will rise up too 950$ if not to 1k$.

Okay, guys, don't be too greedy or euphoric. After the feast always comes the fast. If anything, a major correction may start well after New Year or even before it. If you have serious profits don't forget to fix at least a part of them. This exuberant rise may not last long, and we may just have the fall awaiting us right behind the corner. Don't let yourself get tricked into the hysteria of wild and violent buying as it happened in late 2013.
darklus123
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December 21, 2016, 05:51:27 PM
 #403

Bitcoin really isn't a good investment for now the price for me is too high and it may drop down sooner or later and that should be the best time for us to invest in bitcoin just not now, Same things happens to 2015 also happens this year, I am currently thinkng that btc price would go down on march or april
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December 21, 2016, 05:59:48 PM
 #404

Bitcoin is a good investment now because in the near future you will look back at 2016 as the last year BTC's value was 3 digits.

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December 21, 2016, 07:08:28 PM
 #405

bicoin is good, Soon to reach 1000
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December 21, 2016, 07:17:08 PM
 #406

Even at $800 bitcoin is still a great investment. I remember seeing under $200 about 2 years ago which doesn't even seem that long ago. Don't go crazy but invest what you can afford to. The upside potential of bitcoin is still meteoric.

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South Park
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December 21, 2016, 07:48:07 PM
 #407

Because it is a badass.  Grin

Just look at where it is now. You could reminisce way back it was just $300+ then try to view it again and you will how cool to have even just 1 bitcoin in your wallet.

Nobody had believed in 2012 that Bitcoin will go over $50 EVER. And one year later it didn't go up to $50.. It went up to $1200! Huge increase in such a short time. Imagine having 100 Bitcoins in 2012 (1BTC was $10) and one year later the $1k you spent suddenly turns into $120000. This was caused by the halving which took place only once ever since Bitcoin has been released. The second halving took place a few months ago.. Will we see the same effect taking place soon??
I don't think we will see the same effect since that was a speculative bubble, but there is no doubt in my mind the halving that took place had an effect on prices, bitcoin is looking very solid right now so an even higher price for the next year must be possible especially if we take into account the political landscape.

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KingdomHearts
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December 21, 2016, 07:56:53 PM
 #408

Bitcoin is really a good investment now because for the main reason, it is profitable. We can make money online using it. It is a great opportunity that cryptocurrency investor should be grabbed on. It is getting more and more popular.
yeah you are right that bitcoin is really profitable currency and we can earning a good profit from bitcoin because bitcoin increasing its price too much faster day by day and a lot of people adopting bitcoin in huge amount for the future.
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December 21, 2016, 08:06:34 PM
 #409

because it is limited , unlike fiat currency
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December 22, 2016, 02:55:29 AM
 #410

Yes bitcoin is a good to invest now because we know that bitcoin have future. We know that bitcoin have a good profits once the price goes up so bitcoin can give us big profit. So buy now bitcoin and keep it till the price reach your desire price.
Yeah bitcoin have really a great future because we know that bitcoin price is rising very faster day by day and bitcoin is getting too much popularity in the world and adopting is also increasing and i am sure that bitcoin price is much more stronger so we can invest in bitcoin without any worry.
I will add that even if we do not think about future profit and only keep our money in bitcoin to avoid any rob and stealing of our money or to avoid any bank fees and tax then we will not have to worry about our money because now the time has gone when it was thought that bitcoin will crash or any unwanted situation will occur.

Bitcoin is still a risky investment. If it went up for a year now, this is not a proof that it will continue to go up in the next year. We are all hoping for that, but anything could occur. Many unwanted situations can happen as they happened in the past, for instance, the Bitfinex incident. There is no guarantee that something like this won't happen in the future, or something even more dangerous and detrimental. Whatever the circumstances, we should always remain realists.

that is what speculation is all about. you check out things that are contributing to a rise and things that are contributing to a fall.
and so far a rise has a bigger force, and with the addition of adoption that is growing day by day there is no reason for price to go down.

and all those little incidents that you mentioned are bumps on the road. something like bitfinex was mostly fear coupled with manipulation that lead to a temporary drop which also price recovered fast enough. and will do in the future possible cases.

Actually, I am quite with you on that. The Bitfinex incident was a good opportunity to buy cheap bitcoins, and likely the only such opportunity for well over a year now. But still we shouldn't forget about the Mt. Gox fiasco, and what havoc it caused. I'm not going to say that something like that is going to happen, history doesn't work this way. I'm talking more about the scale of that event and the consequences that it led to, which could be repeated.
Mt. Gox was way bigger than any exchange at the moment so while something similar will happen again it will never big as it was that terrible event in the bitcoin history.
Senor.Bla
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December 22, 2016, 08:01:03 AM
 #411

Yes bitcoin is a good to invest now because we know that bitcoin have future. We know that bitcoin have a good profits once the price goes up so bitcoin can give us big profit. So buy now bitcoin and keep it till the price reach your desire price.
Yeah bitcoin have really a great future because we know that bitcoin price is rising very faster day by day and bitcoin is getting too much popularity in the world and adopting is also increasing and i am sure that bitcoin price is much more stronger so we can invest in bitcoin without any worry.
I will add that even if we do not think about future profit and only keep our money in bitcoin to avoid any rob and stealing of our money or to avoid any bank fees and tax then we will not have to worry about our money because now the time has gone when it was thought that bitcoin will crash or any unwanted situation will occur.

Bitcoin is still a risky investment. If it went up for a year now, this is not a proof that it will continue to go up in the next year. We are all hoping for that, but anything could occur. Many unwanted situations can happen as they happened in the past, for instance, the Bitfinex incident. There is no guarantee that something like this won't happen in the future, or something even more dangerous and detrimental. Whatever the circumstances, we should always remain realists.

that is what speculation is all about. you check out things that are contributing to a rise and things that are contributing to a fall.
and so far a rise has a bigger force, and with the addition of adoption that is growing day by day there is no reason for price to go down.

and all those little incidents that you mentioned are bumps on the road. something like bitfinex was mostly fear coupled with manipulation that lead to a temporary drop which also price recovered fast enough. and will do in the future possible cases.

Actually, I am quite with you on that. The Bitfinex incident was a good opportunity to buy cheap bitcoins, and likely the only such opportunity for well over a year now. But still we shouldn't forget about the Mt. Gox fiasco, and what havoc it caused. I'm not going to say that something like that is going to happen, history doesn't work this way. I'm talking more about the scale of that event and the consequences that it led to, which could be repeated.
Mt. Gox was way bigger than any exchange at the moment so while something similar will happen again it will never big as it was that terrible event in the bitcoin history.
true, i do not think that we will see something with a bigger negative impact then Mt.Gox unless there is something wrong with the Bitcoin code itself. But i also worry about all the side chains, because this has the potential to make a huge impact if it is fucked up. 

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December 22, 2016, 08:57:27 AM
 #412

because it is limited , unlike fiat currency

Yes I agree, if it is limited, people can't just make and make money. The price will go up when the demand goes up, and of course that's the beauty of it. I would be willing to take that to my advantage.

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mr.bitcoinerf11
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December 22, 2016, 09:01:47 AM
 #413

yes of course its the new side of investment
i get my jop with it earrned mor than 1000$ from bitcoin trading  Cheesy

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December 22, 2016, 03:30:31 PM
 #414

bitcoin is always increase huge price , altough usually down but this is not long . but for years to years bitcoin is always increase huge price so i think this is very better than gold .
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December 22, 2016, 04:50:48 PM
 #415

bitcoin is always increase huge price , altough usually down but this is not long . but for years to years bitcoin is always increase huge price so i think this is very better than gold .
you are right that price of Bitcoin is growing and it will be better than Gold but it will take long time to Bitcoin to be better than Gold. Every Bitcoin holder wish that Bitcoin should worth better than Gold.

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December 22, 2016, 05:42:30 PM
 #416

bitcoin is the best investment unlike currency it can't be banned or controlled by the our superiors lol recently I came across a new site which actually work amazing and is extremely responsive when it comes to cashing out when it comes to withdrawing funds so it's always some thing good to try out if interested give it a try here is the link https://btclab.io/?ref=Ady89
 also please feelfree to let me know what you think and what other places you would recommend

cheers
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December 22, 2016, 07:44:02 PM
 #417

It's a good investment now because it keeps rising and you can make some cool dollars by buying and selling.
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December 22, 2016, 08:16:02 PM
 #418

Bitcoin had been, is now, and will always be a great investment source because there is an assurance that the price will always grow and not just be doomed by anyone as it is being spread among many users and as we all know the wider the adoption (demand here), the better the value.
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December 22, 2016, 10:57:47 PM
 #419

bitcoin is always increase huge price , altough usually down but this is not long . but for years to years bitcoin is always increase huge price so i think this is very better than gold .
in fact that is the main reason, that the price of bitcoin is increasing continously, and if the trend continue for some more time, it will certainly cross its all time high price very soon.
South Park
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December 22, 2016, 11:30:47 PM
 #420

bitcoin is the best investment unlike currency it can't be banned or controlled by the our superiors lol recently I came across a new site which actually work amazing and is extremely responsive when it comes to cashing out when it comes to withdrawing funds so it's always some thing good to try out if interested give it a try here is the link https://btclab.io/?ref=Ady89
 also please feelfree to let me know what you think and what other places you would recommend

cheers
Bitcoin can be banned by the governments if they choose to do it, enforcing that ban, however is another story, and about bitcoin being controlled, I don't think a direct control is possible, but they could try to indirectly control bitcoin trough price manipulation and using propaganda against bitcoin.

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