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Author Topic: Reason why you should Buy bitcoin now  (Read 60197 times)
South Park
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November 17, 2016, 05:51:18 PM
 #41

Basically, because the price is going up and will go up some more in the near future. We might even see that $1,000 price again next year. Bitcoin will be here for quite some time and doesn't look like it will go away or become obsolete. Also, the world is shifting to technological advancements like these and leaving old technologies like paper. Money will be digital in the future.
actually the entire world still stay on paper money,even there's also digital things such as credit card which allow you to pay everywhere with digital balance but still it's based on the paper money and could be cashed out as a paper money in ATM,digital money still far
That is a mistake what you are talking is called M0 or M1 also called narrow money which are the bills you have in your pocket but the truth is that most money is M2, M3 and M4 or broad money.

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November 17, 2016, 07:56:16 PM
 #42

It is a good time now to buy bitcoin, in few years later many expert predict that bitcoin will reach 1000$ and so it will be great if you keep bitcoin as your investment, and many banking sector already aware of bitcoin existence, so in the future we will see more sector adapting bitcoin
yes to be as there is still too much potential in the price of bitcoin therefore to me it is good to buy bitcoin right now and hope that it will give you good profit.
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November 17, 2016, 08:00:10 PM
 #43

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.
Fangus!  That is the best reasoning I've heard.   Momentum is how y'all should play this thing, meaning if the price is going up it nust might keep going up.   I think we on our way to $1000 too.  Jist you wait.  Don't matter if banks slap the blockchain like it was a $10 hoe.  All time high is acommin, the sentiment is there.   Buy now!
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November 18, 2016, 07:40:27 AM
 #44

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.
Fangus!  That is the best reasoning I've heard.   Momentum is how y'all should play this thing, meaning if the price is going up it nust might keep going up.   I think we on our way to $1000 too.  Jist you wait.  Don't matter if banks slap the blockchain like it was a $10 hoe.  All time high is acommin, the sentiment is there.   Buy now!
That was a huge price jump and I think it could happen this year, my basis is bitcoin is very progressive within this year and all we do now is to hope that it will continue to increase and we will be able to grow our investment. I guess it's not too late to buy and the current price now is just cheap enough for a long term investor.
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November 18, 2016, 07:54:55 AM
 #45

It is a good time now to buy bitcoin, in few years later many expert predict that bitcoin will reach 1000$ and so it will be great if you keep bitcoin as your investment, and many banking sector already aware of bitcoin existence, so in the future we will see more sector adapting bitcoin

It may don't take even a few years to reach that place, we are actually hoping to see that price in coming year and if that happens then it would really be exciting to watch the price after that because it may go higher or may drop back from $1000.
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November 18, 2016, 08:17:02 AM
 #46

In my opinion there are and other reasons except raising price of bitcoins.

Bitcoin is more mature than ever.
There is a piece of the population worldwide, which is growing everyday, has begun to use it more often than fiat money.
There are several stores and companies that accept bitcoins because customers request it.  
Finally, banks started to design their own virtual currency with the aim to prevent people from the increasing use of cryptocurrencies
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November 18, 2016, 08:34:43 AM
 #47

and many banking sector already aware of bitcoin existence, so in the future we will see more sector adapting bitcoin

The banking sector is interested in the technology that powers Bitcoin, and not in Bitcoin (the coin aspect) itself. Banks are out to develop their own (private) version of the blockchain for internal use, to reduce time and cost, and to create a way more sufficient banking system in potential. I just hope the customers get to benefit from that as well, but that remains to be seen. Nearly every industry is looking to create their own version of the blockchain. So in that regard, I wouldn't wait or put hope in seeing several sectors support Bitcoin in that matter.
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November 18, 2016, 08:40:22 AM
 #48

I see every day bitvoin becomes more expensive. I understand that this is a very good investment object. That's why I buy Bitcoin. In the future date of my investment will bring me profits
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November 18, 2016, 09:25:46 AM
 #49

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 is not time to buy bitcoin now since the price of the bitcoin is 746$ now and I think it would be decreased to 700$ below after weeks I think? if the bitcoin down to 700$ maybe you can buy now bitcoin then wait to increase again, it depends on you if you buy now or wait days to decreased bitcoin then wait to rise again.

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November 18, 2016, 09:32:13 AM
 #50

Basically, because the price is going up and will go up some more in the near future. We might even see that $1,000 price again next year. Bitcoin will be here for quite some time and doesn't look like it will go away or become obsolete. Also, the world is shifting to technological advancements like these and leaving old technologies like paper. Money will be digital in the future.
actually the entire world still stay on paper money,even there's also digital things such as credit card which allow you to pay everywhere with digital balance but still it's based on the paper money and could be cashed out as a paper money in ATM,digital money still far
but we can see that the trend is now changing. the new generation is now taking interest in online buying and selling, only those people who have no access to internet or having no proper knowledge of internet, are illiterate are using paper money, hope that in next few years majority of people will start using online trading and shopping and hope that bitcoin will be their first choice.

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November 18, 2016, 10:32:04 AM
 #51

Very simple reason, why I prefer buying bitcoin is that no other currency fluctuates and gives a good earning. Bitcoin with the varying price gives good profit. Most people have the habit of saving small amount or investing in stocks for future profit. The same when spend on bitcoin gives a very big profit comparatively.

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November 18, 2016, 10:46:14 AM
 #52

Basically, because the price is going up and will go up some more in the near future. We might even see that $1,000 price again next year. Bitcoin will be here for quite some time and doesn't look like it will go away or become obsolete. Also, the world is shifting to technological advancements like these and leaving old technologies like paper. Money will be digital in the future.
actually the entire world still stay on paper money,even there's also digital things such as credit card which allow you to pay everywhere with digital balance but still it's based on the paper money and could be cashed out as a paper money in ATM,digital money still far

Yes, People are actually still depending on paper money. but, on the hand, bitcoins are also thing that we should keep. look at its price.. it was really increasing. The profit that you can have with bitcoins was a big savings. you can actually cash out your bitcoins on many outlets including atm, so why hesitate to buy bitcoins? This technology really helps people to earn. I suggest buy now and sell if its price reach up to 1000 USD.
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November 18, 2016, 10:53:49 AM
 #53

Basically, because the price is going up and will go up some more in the near future. We might even see that $1,000 price again next year. Bitcoin will be here for quite some time and doesn't look like it will go away or become obsolete. Also, the world is shifting to technological advancements like these and leaving old technologies like paper. Money will be digital in the future.
actually the entire world still stay on paper money,even there's also digital things such as credit card which allow you to pay everywhere with digital balance but still it's based on the paper money and could be cashed out as a paper money in ATM,digital money still far

Yes, People are actually still depending on paper money. but, on the hand, bitcoins are also thing that we should keep. look at its price.. it was really increasing. The profit that you can have with bitcoins was a big savings. you can actually cash out your bitcoins on many outlets including atm, so why hesitate to buy bitcoins? This technology really helps people to earn. I suggest buy now and sell if its price reach up to 1000 USD.

Yes, bitcoin will reach $1000 per Bitcoin in the future. We just don't know when. Bitcoin is a good investment now, because it will inevitably will rise.
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November 18, 2016, 11:21:51 AM
 #54

Basically, because the price is going up and will go up some more in the near future. We might even see that $1,000 price again next year. Bitcoin will be here for quite some time and doesn't look like it will go away or become obsolete. Also, the world is shifting to technological advancements like these and leaving old technologies like paper. Money will be digital in the future.
actually the entire world still stay on paper money,even there's also digital things such as credit card which allow you to pay everywhere with digital balance but still it's based on the paper money and could be cashed out as a paper money in ATM,digital money still far

Yes, People are actually still depending on paper money. but, on the hand, bitcoins are also thing that we should keep. look at its price.. it was really increasing. The profit that you can have with bitcoins was a big savings. you can actually cash out your bitcoins on many outlets including atm, so why hesitate to buy bitcoins? This technology really helps people to earn. I suggest buy now and sell if its price reach up to 1000 USD.

Yes, bitcoin will reach $1000 per Bitcoin in the future. We just don't know when. Bitcoin is a good investment now, because it will inevitably will rise.

As the price is reaching now you will be able to get some good profit by buying bitcoins today. And don't let yourself miss it.

Because it's either the price will rapidly increase again but it can fall again immediately but still you should buy today.

And it will give you decent profit after waiting for the price to reach up to $1,000.

Vires in Numeris
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November 18, 2016, 11:25:55 AM
 #55

Basically, because the price is going up and will go up some more in the near future. We might even see that $1,000 price again next year. Bitcoin will be here for quite some time and doesn't look like it will go away or become obsolete. Also, the world is shifting to technological advancements like these and leaving old technologies like paper. Money will be digital in the future.
actually the entire world still stay on paper money,even there's also digital things such as credit card which allow you to pay everywhere with digital balance but still it's based on the paper money and could be cashed out as a paper money in ATM,digital money still far

Yes, People are actually still depending on paper money. but, on the hand, bitcoins are also thing that we should keep. look at its price.. it was really increasing. The profit that you can have with bitcoins was a big savings. you can actually cash out your bitcoins on many outlets including atm, so why hesitate to buy bitcoins? This technology really helps people to earn. I suggest buy now and sell if its price reach up to 1000 USD.

They want to apply blockchain technology but there is no difference with system they have now, it still based on fiat and harm people by their debt. Bitcoin is digital currency that different with any of bank program unless they create decentralized money for international transaction, people invest and buy bitcoin due to the advantages it has. The price keep increasing and affected by supply and demand.
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November 18, 2016, 11:29:12 AM
 #56

I see every day bitvoin becomes more expensive. I understand that this is a very good investment object. That's why I buy Bitcoin. In the future date of my investment will bring me profits

The Bitcoin exchange rates are extremely volatile. The exchange rate was $1,200+ per coin in December 2013. In 2014, it was mostly in the $500-$600 range. Then after a few months, it nosedived to $230-$250. During the last 6-7 months, the exchange rates have appreciated by around 200%. But I am not sure whether the momentum can be maintained in the future.

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November 18, 2016, 12:00:52 PM
 #57

I see every day bitvoin becomes more expensive. I understand that this is a very good investment object. That's why I buy Bitcoin. In the future date of my investment will bring me profits

The Bitcoin exchange rates are extremely volatile. The exchange rate was $1,200+ per coin in December 2013. In 2014, it was mostly in the $500-$600 range. Then after a few months, it nosedived to $230-$250. During the last 6-7 months, the exchange rates have appreciated by around 200%. But I am not sure whether the momentum can be maintained in the future.
Let's suppose that you're one of the unlucky ones that chased the market and bought at $1200 per coin. It's pretty obvious that if you sell right now, you're going to lose money. I think even though the price of bitcoin decreases a lot sometimes, you just have to wait longer and wait for the price of it to pick up again.

Those people that invested at $1200 per coin most probably already did panic selling but I guess there are also some of them that are still waiting for the price of bitcoin to go more than $1200 each to get profit. After all, it's about holding your coins for a long time. If you don't wait for a long time, you'll either lose money or just get very small profit.

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mirakal
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November 18, 2016, 12:13:14 PM
 #58

I see every day bitvoin becomes more expensive. I understand that this is a very good investment object. That's why I buy Bitcoin. In the future date of my investment will bring me profits

The Bitcoin exchange rates are extremely volatile. The exchange rate was $1,200+ per coin in December 2013. In 2014, it was mostly in the $500-$600 range. Then after a few months, it nosedived to $230-$250. During the last 6-7 months, the exchange rates have appreciated by around 200%. But I am not sure whether the momentum can be maintained in the future.
Let's suppose that you're one of the unlucky ones that chased the market and bought at $1200 per coin. It's pretty obvious that if you sell right now, you're going to lose money. I think even though the price of bitcoin decreases a lot sometimes, you just have to wait longer and wait for the price of it to pick up again.

Those people that invested at $1200 per coin most probably already did panic selling but I guess there are also some of them that are still waiting for the price of bitcoin to go more than $1200 each to get profit. After all, it's about holding your coins for a long time. If you don't wait for a long time, you'll either lose money or just get very small profit.
The most effective way to earn here is to hold your bitcoin, the more you hold it the more in increases it's value but that's not easy as like you said the price may go down and that think that it's normal in the crypto world but as long as you believe bitcoin will rise you are fit to hold.

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November 18, 2016, 04:22:43 PM
 #59

The reason is obvious,  Because sooner or later bitcoins price will increase and its going rapidly,  Many of us are predicting that bitcoins price migjt go $1000 some time in 2017. So one should buy bitcoins as soon as possible.

That is why bitcoin for me is a long term investment.  I'm really looking forward to its future.

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November 18, 2016, 05:18:59 PM
 #60

The reason is obvious,  Because sooner or later bitcoins price will increase and its going rapidly,  Many of us are predicting that bitcoins price migjt go $1000 some time in 2017. So one should buy bitcoins as soon as possible.

That is why bitcoin for me is a long term investment.  I'm really looking forward to its future.

Indeed and we are alwyas repeating this answer. We are very hopeful on  this that it will increases. Truly it continue to appreciate. Also good news since several governmen are adopting this blockchain technology. Paoples awareness increased.

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