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Author Topic: Reason why you should Buy bitcoin now  (Read 59525 times)
yakdivine
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November 16, 2016, 10:16:47 AM
 #1

So much so that 15% of banks world wide expect to widely implement blockchain, which is a ledger of transactions updated in real time by various institutions, by next year, according to the report which surveyed 200 global banks.

These banks, mostly medium to large-sized institutions, are focusing their blockchain technology on three areas: consumer lending, retail payments, and reference data, which refers to the real-time information sharing of transactions across business divisions and institutions.

In four years, IBM says that 66% percent of banks expect to have blockchain in commercial production and at scale.
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November 16, 2016, 10:23:08 AM
 #2

I think the people who are currently online to prove the rationality of buying Bitcoins do not need. This is a developing industry to invest in it is very profitable. And this is confirmed by the banks
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November 16, 2016, 10:26:48 AM
 #3

From the days of digital currency existence corporate's were much interested in adopting the technology, due to the universally accepted financial system most of them denied it directly and used as a investment indirectly. Now little by little they have started revealing it for their goodness.

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November 16, 2016, 10:33:44 AM
 #4


In four years, IBM says that 66% percent of banks expect to have blockchain in commercial production and at scale.


If this statement of IBM is true, then this clearly tells us that buying bitcoins today will give you good future.

Because IBM as we know is one of the company who are leading in technology trends.

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yakdivine
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November 16, 2016, 10:54:57 AM
 #5

Because bitcoin growing so fast and now almost recognized on the world, even people now trying for accept on business and salary.
Buy now cause bitcoin is future money Cool.
Keep it now and hold for a few year and there you got big deal  Roll Eyes
Bitcoin, has surged from $640 to $720 in the past one week. The digital currency has been exhibiting some promising trends this year, in spite of facing drastic setbacks following multiple hacking incidents. As Bitcoin price continues to rally upwards, the expectations for the digital currency’s performance in the coming year is at an all-time high movement in 2017.my prediction for 2017 is bitcoin will likely trade above $1,000.
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November 16, 2016, 10:57:11 AM
 #6

and yet the implementation of blockchain have nothing to do with the bitcoin and instead will become such a treat for bitcoin because maybe people will get interested by its system which seems like bitcoin,i wonder why people always thinking blockchain and bitcoin is 2 in 1 things


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November 16, 2016, 11:02:31 AM
 #7

and yet the implementation of blockchain have nothing to do with the bitcoin and instead will become such a treat for bitcoin because maybe people will get interested by its system which seems like bitcoin,i wonder why people always thinking blockchain and bitcoin is 2 in 1 things

They don't think its 2 in 1. But think, if banks implement blockchain techology, would people opt for some centralized untested currency or something that was here and it's used for years ?
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November 16, 2016, 11:49:29 AM
 #8

wow that's a great news. I'm planning to invest more in bitcoin to gain more profit in the next 2 years. by the end of this year i will invest in bitcoin and trade half of it on altcoins so i can use altcoin for trading and gambling. im addicted in gambling but i have a selfcontrol so it's nothing for me. i would invite my friends to invest in bitcoin and im gonna spread this info in my friends so they will invest in bitcoin like me.
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November 16, 2016, 12:05:34 PM
 #9

So much so that 15% of banks world wide expect to widely implement blockchain, which is a ledger of transactions updated in real time by various institutions, by next year, according to the report which surveyed 200 global banks.

These banks, mostly medium to large-sized institutions, are focusing their blockchain technology on three areas: consumer lending, retail payments, and reference data, which refers to the real-time information sharing of transactions across business divisions and institutions.

In four years, IBM says that 66% percent of banks expect to have blockchain in commercial production and at scale.


i think this has been said thousands of times and i say it again: using blockchain doesn't mean using bitcoin so it has no effect on bitcoin and its price since all these institutes are doing is creating an altcoin and we already see 100s of altcoins each year if they each had an effect on bitcoin price, then price would have been 1 mil dollar today!

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November 16, 2016, 12:11:11 PM
 #10

Buy bitcoin >> yes.

Go all in >> no.

There are many valid reasons for us to buy bitcoins but none of them are valid enough to make us go all in. Just diversify your savings in different investments and you will be fine. Never invest more than you can afford to lose. That goes for every investment you're making.
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November 16, 2016, 01:43:31 PM
 #11

Buy now because the future of bitcoin is bright, believe that more people will trust bitcoin and when that happens the bitcoin will continue to increase its value and we will all be benefited as it will give us profit in the future.

YAMZU

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November 16, 2016, 02:53:16 PM
 #12

For users with currencies that loose value every month a digital currency of its central bank will have the same problem. Only bitcoin or Gold could help them. You can't solve all the problems with a "blockchain".
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November 16, 2016, 02:54:15 PM
 #13

In four years, IBM says that 66% percent of banks expect to have blockchain in commercial production and at scale.

And you forget to mention all this blockchain based transaction will be centralized or controlled just like banks/governments use to control our bank accounts and cash right now.  Wink

They will use blockchain tech behind bitcoin and try to create pressure on government to limit the bitcoin growth.

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November 16, 2016, 03:03:05 PM
 #14

The only problem is with the banks, the blockchain will be centralized and controlled by the banks. Bitcoin will stay unique with a decentralized technology, so in my opinion is my reason people should buy bitcoin.

Furthermore, any governments have not the ownership of Bitcoin and this is a good advantage.
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November 16, 2016, 03:09:30 PM
 #15

OP, the reason to buy Bitcoin you stated will not affect the reason why we should buy bitcoin now. Because the banks that would implement a blockchain style of logging transactions would most probably make use of some other cryptocurrency which will not be Bitcoin. Because Bitcoin cannot be controlled, they will create their own that they can control. Hence, not affecting our buying patterns.
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November 16, 2016, 03:12:05 PM
 #16

Buy bitcoin >> yes.

Go all in >> no.

There are many valid reasons for us to buy bitcoins but none of them are valid enough to make us go all in. Just diversify your savings in different investments and you will be fine. Never invest more than you can afford to lose. That goes for every investment you're making.

Agree, not all in since with the volatility as of now, unless you are thinking of a lng tern investment. Even for a long term one, you have to monitor prices from time to time to be updated on what is happening.


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November 16, 2016, 03:30:41 PM
 #17

I don't have the reason to buy bitcoin this time around but I have lots of reasons why do I have to store and save bitcoin before the year ends.

Well its good if banks are also implementing blockchain system, it seems bitcoin become more and more popular this days, I hope this will affect the bitcoin community and will lead to increase of bitcoin's value Grin

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November 16, 2016, 03:36:27 PM
 #18

I agree. The blockchain system is growing strongly and no one can stop it. Blockchain provides a lot of advantage for users and no one can deny its benefits even if you hate bitcoin

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November 16, 2016, 03:38:15 PM
 #19

Well, buy bitcoin currently looks quite convincing, I felt that we had to buy bitcoin today because soon the price of bitcoin will rise high, and I feel that the end of 2016, the price of bitcoin will rise very high, probably around $ 1000, so if we buy it at this time, the possibility of profit that we will get a very big one at the end of the year

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November 16, 2016, 04:48:19 PM
 #20

Current bitcoin price seem bargain price to buy bitcoin as there is lot more room for bitcoin price to grow in near future and reaching $1000 seem realistic. However i don't think when banks will start to research or even use blockchain tech will have any support towards bitcoin, bank will always remain against bitcoin which is their direct and strong competitor.

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