g4vinshreds
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Trader
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November 06, 2017, 02:18:53 PM |
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Hello everybody. I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years. I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin? The only thing I see : big amount transaction But bitcoin won't be the money you use to buy your sandwich with those fees! I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee? Will segwit may lower the fees? Thank you I'm not sure if the fees will be lowered, but I agree that they stink. I personally send transactions with low fees most of the time and use a free transaction accelerator to speed them up. This is a good workaround in my opinion, but really it's your choice as to whether or not you want to pay outrageous amounts in order to help support the miners more.
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Be very wary of relying on JavaScript for security on crypto sites. The site can change the JavaScript at any time unless you take unusual precautions, and browsers are not generally known for their airtight security.
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kriticko29
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November 06, 2017, 02:20:54 PM |
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Don't let that be a thing upon your decision on engaging towards bitcoin. Fees were just small compare to the income or profit that you could get when you invest in bitcoin.
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laracastvue
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November 06, 2017, 06:36:59 PM |
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Rich people are hiring business advicers to give them advice where is the best to invest their money and bitcoins is one of the highly preferred industry to join and that is why bitcoins value is keep on increasing.
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Redanim
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November 06, 2017, 06:42:15 PM |
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There is a big risk that bitcoin price will drop to zero if some other digital currency displaces it, regulators manage to destroy it, some problems with the code will make it functionally useless, or else who knows what will happen. I think it's worth placing 1-2% of funds in bitcoins and storing them, hoping that they will continue to grow. But do not do this with any large sums, the values of bitcob are far to gold.
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yoseph
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November 06, 2017, 06:52:16 PM |
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Rich people are hiring business advicers to give them advice where is the best to invest their money and bitcoins is one of the highly preferred industry to join and that is why bitcoins value is keep on increasing.
It doesn't take the wisdom of Solomon to know that this time is the right opportunity to invest into bitcoins, in actuality, everytime is the right time to invest into bitcoins.if OP has his reasons not to invest into bitcoins, I think he get over it .
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BurhanPSG
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November 06, 2017, 06:53:38 PM |
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Hello everybody. I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years. I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin? The only thing I see : big amount transaction But bitcoin won't be the money you use to buy your sandwich with those fees! I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee? Will segwit may lower the fees? Thank you Bitcoin to be one very good investment but also has a bit of risk, bitcoin can we exchange with local money in your country. So if to buy some sandwiches, I think it will be very easy. Moreover you want to invest long term, bitcoin will be very suitable for it.
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pri3oner
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Bitgesell (BGL) Decentralized Cryptocurrency!
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November 06, 2017, 06:58:16 PM |
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Well... I've read alot of comments and the majority says it's good decision to buy BCoin's now. I think I agree cos I dont see the biggest fall after this biggest growth. Just cos it made the huge quantity of ppl lose so much $'s...
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bitbunnny
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WOLF.BET - Provably Fair Crypto Casino
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November 06, 2017, 06:58:38 PM |
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You’ve said that you will not invest in Bitcoin because it will not become mainstream. That is true, Bitcoin will probably never be the mainstream and it’s not meant to be but that is notbthe point. That doesn’t influence your possible profit at all, just the opposite, because of that Bitcoin as an alternative to fiat money will bring you very nice profit especialy on long term basis. And the fees are not something that should worry you.
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Marucya
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November 06, 2017, 07:42:45 PM |
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Investing in bitcoin brings most profit in the long run. If you turn ordinary money into bitcoin and immediately make regular purchases with it, then really, because of the relatively large amount of transactions, all this will be problematic. However, as far as I know, the amount of transactions with Bitcoin is even less than the commission with a credit card.
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1ddreamoutloud
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November 07, 2017, 07:09:56 PM |
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Investing in bitcoins is very advantageous. High revenue with time. If you commit earlier, you will benefit. In some countries, their people may use bitcoin to buy meals online. You should use bitcoin to pay for tuition at the college .... Invest early on bitcoin you're making up ground era
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Chuppy
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November 07, 2017, 07:51:36 PM |
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Could it be possible the bitcoin is being bought by the banks for the purpose of controlling prices?
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sdmaxx
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November 08, 2017, 06:09:30 PM |
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My personal view is Bitcoin has very good future and it is an awesome field to invest on. It went 1000% up in last 12 months. Even if you bought BTC a year ago, you would have x10 times investment by now..
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analyzing
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November 08, 2017, 06:13:20 PM |
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Hello everybody. I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years. I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin? The only thing I see : big amount transaction But bitcoin won't be the money you use to buy your sandwich with those fees! I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee? Will segwit may lower the fees? Thank you that is one damn good analysis , but i think bitcoin will be only reach people toy , no one every will buy pizza or some kind of fast food from bitcoin , maybe BTC will only show market strength as i saw if BTC goes down all alts are following master. so fast food and pizza you can but with alts . good luck
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tulakill
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November 08, 2017, 06:16:27 PM |
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Bitcoin is actually more suited to be an investment rather than a day to day currency. I still suggest you to buy some and hold them instead of using them, and treat them as 'gold'. If services like fast food restaurants decides to use Bitcoin as a payment method, maybe they can come out with a method that allows for no fees between accounts, but this is just a suggestion. Existing methods including Bitcoinpay, but it still charges a fee of 0.8%, not completely free. bitcoin is really valuable. It's not a virtual currency. and the whole world accepted it. it is not a random. It is the future of money. invest now. You are still profitable
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johnson4218
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November 08, 2017, 06:18:56 PM |
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Hello everybody. I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years. I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin? The only thing I see : big amount transaction But bitcoin won't be the money you use to buy your sandwich with those fees! I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee? Will segwit may lower the fees? Thank you few months ago. when bitcoin increased sharply. Many people also asked me "should invest in bitcoin now" it is at the top ..... and the result they get, investing in bitcoin is always profitable.
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pat4cryptoreal
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November 08, 2017, 06:58:24 PM |
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If you really want to invest in bitcoin you do not have to consider all those things. Those people running the exchangers and the miners will not mine for free for you. There is nothing in life that is free.
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Mikwik
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November 08, 2017, 07:15:30 PM Last edit: November 09, 2017, 12:17:57 PM by Mikwik |
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Hello everybody. I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years. I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin? The only thing I see : big amount transaction But bitcoin won't be the money you use to buy your sandwich with those fees! I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee? Will segwit may lower the fees? Thank you It's a good question even I do felt it. But I don't bother about the price I pay for transaction charges some times. The reason behind any way we get the best profit when coin rate increases. So I am much keen on the profit that I can hold than the little transaction charges.
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Mikwik
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November 08, 2017, 07:20:01 PM |
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Hello everybody. I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years. I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin? The only thing I see : big amount transaction But bitcoin won't be the money you use to buy your sandwich with those fees! I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee? Will segwit may lower the fees? Thank you I strongly recommend you to vary the transaction Charges with the bitcoin platforms you know and better find the lowest and invest there. To be added the main thing you would much required to consider is secured and authenticated, also people don't mine bitcoin to see us for free and running a website back-end there will be lot of work. So better choose something genuine like blockchsin etc and invest your money because the profit will be the ultimate.
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cetel
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November 08, 2017, 07:30:27 PM |
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Today, the price of bitcoin is too high, but nevertheless, money is worth keeping, and cryptocurrency. Diversification.
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Haxor321
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November 09, 2017, 03:57:03 PM |
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Hello everybody. I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years. I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin? The only thing I see : big amount transaction But bitcoin won't be the money you use to buy your sandwich with those fees! I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee? Will segwit may lower the fees? Thank you Reasons: The value is high and keeps increasing You'll simply earn here and you can have quality time with family
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