Bitcoin Forum
April 24, 2024, 01:22:38 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15] 16 17 18 19 20 21 22 23 24 25 26 »
  Print  
Author Topic: The reason that keeps me from investing in bitcoin  (Read 15358 times)
Kaller
Hero Member
*****
Offline Offline

Activity: 752
Merit: 501


View Profile
August 16, 2017, 08:32:04 AM
 #281

Sorry but when I read this title all I can think is BULLCRAP!
There is no reason not to invest in Bitcoin.
If you invested in Bitcoin for the past years you would be rich.
In order to achieve higher forum ranks, you need both activity points and merit points.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
pikebu
Hero Member
*****
Offline Offline

Activity: 854
Merit: 522


View Profile
August 16, 2017, 08:38:16 AM
 #282

The causes i stay and investing in bitcoins are the technology blockchain behind of bitcoins, it is new technology in the internet and currency even today blockstream Announcing Blockstream Satellite: now sending real-time blockchain data from space. Join the #Bitcoin network. https://t.co/9FtxVfx2dW that is one reason except price of bitcoins is very high.  Grin
n0ne
Hero Member
*****
Offline Offline

Activity: 2562
Merit: 548


8ombard - Pick, Play, Prosper!


View Profile WWW
August 16, 2017, 08:42:24 AM
 #283

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. Undecided
I also think that my friend also wants to invest in bitcoin and keep them to reserve but bitcoin reserves are not like gold reserves because bitcoin reserves will get more profit as bitcoins are growing and I think Storage of bitcoin is a right thing to do.
Yes, this is not perfectly understood by users who are thinking much about the future. Majority of the users makes a diversified investment, so that if something happens with one investment the loss can be compensated with the next. I suggest to go for an all in all investment on bitcoin. Withdraw the capital after a price growth and then diversify into different investments under centralized systems.

█████▄▄██
███▄█████
██▄███████▄
████████████████
███▀██████████▀
██▄████████████▄
░█████▀▀▀▀▀▀█████
████▀████████▀████
▀▀▀▀▄▄▄▄▄█████████
█████▀███████▄████
███████▀▀▄▄▄█████
███████████████▀
████████████▀▀
OMBARD.com|.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀
██████░██░████░██
▄▄░▄▄░▄▄░▄▄░▄▄░▄▄▄▄
▀▀░▀▀░▀▀░▀▀░▀▀░▀▀▀▀
██████████████
▄▄░▄▄▄▄░▄▄░▄▄▄▄▄▄
▀▀░▀▀▀▀░▀▀░▀▀▀▀▀▀
██░██░██████████
▄▄▄▄▄▄▄▄░▄▄░▄▄▄▄
▀▀▀▀▀▀▀▀░▀▀░▀▀▀▀
.
PICK,
PLAY,
PROSPER!
|.

██████
██████████
██████████
██████████████
████████████████
████████████████
████████████████
████████████████
████████████████
█████████████████   ██
PROVABLY
FAIR
1%█████████████████   ██
HOUSE
EDGE
100%█████████████████   ██
DEPOSIT
BONUS
.
  Play now  
kelseydustin
Sr. Member
****
Offline Offline

Activity: 448
Merit: 251


View Profile
August 16, 2017, 09:56:55 AM
 #284

Sorry but when I read this title all I can think is BULLCRAP!
There is no reason not to invest in Bitcoin.
If you invested in Bitcoin for the past years you would be rich.
but right now investing  in bitcoin can not make your rich anymore unless you have a lot of money. Bitcoin can not x100 its price anymore. If you want to be rich, try to invest your money in ICO tokens or some altcoins because they contain more potential than bitcoin
nexus99
Legendary
*
Offline Offline

Activity: 910
Merit: 1000


View Profile
August 16, 2017, 10:04:54 AM
 #285

Bitcoin is indeed the perfect way to invest. And you are saying that you would like to make a long-term investment, at least for 2-3 years. So what's the problem? You can actually hold Bitcoin without having to spend it and wait until the price increases significantly. And by that time Bitcoin will probably have become so mainstream that you are able to use it like fiat on a daily basis.
dbutp
Member
**
Offline Offline

Activity: 171
Merit: 10

Streamity Decentralized cryptocurrency exchange


View Profile
August 16, 2017, 10:25:00 AM
 #286

Investing in bitcoins is very beneficial. High profit over time. If you invest early, you will benefit. In some countries, their people can use bitcoin to buy food online. You can use bitcoin to pay tuition at the school .... Invest early on bitcoin you are catching up era

T O W E R B E E      |  PLATFORM FOR EVERYDAY BUSINESS      [ TowerX ]
▬▬▬▬▬▬▬▬▬        ICO  >  on our exchange TowerX        ▬▬▬▬▬▬▬▬▬
FACEBOOK        MEDIUM        TWITTER        LINKEDIN        REDDIT        TELEGRAM
Darker45
Legendary
*
Offline Offline

Activity: 2562
Merit: 1854


🙏🏼Padayon...🙏


View Profile
August 16, 2017, 11:07:25 AM
 #287

I think the fees have already been significantly lowered since then. Transaction fees is not anymore a hot concern as far as Bitcoin transactions are concerned. Besides, I don't have it as a big deal that there is a transaction fee for as long as I am making a profit for my investment, a relatively big one at that considering the duration of it.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
gabbie2010
Sr. Member
****
Offline Offline

Activity: 2646
Merit: 322


Vave.com - Crypto Casino


View Profile WWW
August 16, 2017, 12:10:49 PM
 #288

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 Smiley
This will be massive investment for you if you stick to your decision to invest bitcoin for 2 to 3 years I am very optimistic that in a few years to come  you reap bountifully your investment, it very glaring that the price of bitcoin will continue to rise and many countries are adopting it and transaction fees has been reduced drastically for a smooth and non-delayed transactions.

jb77889
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
August 16, 2017, 12:13:47 PM
 #289

Probably now, we cannot really see how bitcoin will be mainstream and that investing in it is really quite risky compared to investing in stocks where there is still a large scale of risk but a lot of people are doing it then why not right? But I believe, when you really understand how bitcoin works and how useful and effective it can be, it can really make a good investment, though right now its not really as good as cash but it is defined as a currency and a number of avenues are accepting it.
sindikat
Full Member
***
Offline Offline

Activity: 364
Merit: 106


View Profile
August 16, 2017, 12:22:49 PM
 #290

I think the fees have already been significantly lowered since then. Transaction fees is not anymore a hot concern as far as Bitcoin transactions are concerned. Besides, I don't have it as a big deal that there is a transaction fee for as long as I am making a profit for my investment, a relatively big one at that considering the duration of it.
The rates are not great for money transfers, but if you make small purchases or pay bills in cafe the fees for transactions are large. How to develop trade under such conditions? To trade expensive goods sellers must first try to sell, and it is not profitable.
chichan13
Full Member
***
Offline Offline

Activity: 180
Merit: 100



View Profile
August 16, 2017, 12:26:36 PM
 #291

Investment in bitcoin or crypto currency with your spare money to me is the best option as compared to keeping your money in the bank without any additional intrest on your money. This is because bitcoin or crypto currency is the future in terms of investment. You can equally invest in some other currency that are at the ICO level before the lunch.
Actually, investing in bitcoin is a good option and investing is one of the best way to gain and make more money. In addition to that, as of now bitcoin become more profitable and its very effective. Lastly, I think if you invest few a year ago in bitcoin I guess now you could become millionaire .
Gabrieelle
Sr. Member
****
Offline Offline

Activity: 364
Merit: 267


View Profile
August 16, 2017, 01:11:44 PM
 #292

Investing in bitcoins is very beneficial. High profit over time. If you invest early, you will benefit. In some countries, their people can use bitcoin to buy food online. You can use bitcoin to pay tuition at the school .... Invest early on bitcoin you are catching up era
Yes we should really had invest in bitcoin when its price was still low, but I think it is not yet too late because there are other coins you can invest which has potentials. Bitcoin has a lot of advantages it is easy and fast when it comes to transactions online.
carlisle1
Hero Member
*****
Offline Offline

Activity: 2744
Merit: 541

Campaign Management?"Hhampuz" is the Man


View Profile
August 16, 2017, 01:19:28 PM
 #293

Investing in bitcoins is very beneficial. High profit over time. If you invest early, you will benefit. In some countries, their people can use bitcoin to buy food online. You can use bitcoin to pay tuition at the school .... Invest early on bitcoin you are catching up era
its not that high profit overtime anymore mate since the value of bitcoin already hype time will make it stable for a while and it will take some waiting
period again chances for the value to downfall are still there and we can't rely whether whales will still hold or they will shaken the investment, but
if you are aiming for long term bitcoin is really a good one to invest with.
AlexW333
Member
**
Offline Offline

Activity: 924
Merit: 18


View Profile
August 16, 2017, 01:26:01 PM
 #294

I think the main reason YOU must keep bitcoins in your pocket:

Look at the increasing price for many years and It is just beginning

A big investments will provide owners very good profit even during not long time

Now about fee....

In my opinion soon BIG miners ll realize that their welfare depends on the number of transactions, therefore, the most to be smart to set flee at a relatively low level

Carlsen
Hero Member
*****
Offline Offline

Activity: 910
Merit: 501


View Profile
August 16, 2017, 01:33:37 PM
 #295

The problem that keeps me from bigger investments is that I know too few about bitcoin.
I know that the price went up during the last year.
But why exactly? How many people are using bitcoin right now? How many new join each month? Are there big bitcoin holders and who are they?
When I invest in stocks, i can get a lot of basic information about the company I invest in.
With bitcoin that is not so easy.

  It's me!!!
Baby Dragon
Sr. Member
****
Offline Offline

Activity: 896
Merit: 272


OWNR - Store all crypto in one app.


View Profile
August 16, 2017, 02:12:24 PM
 #296

Well, just invest your bitcoin and keep it until the price is high.
You don't need to use it for daily needs, because as we know, the fee is too high, and of course we can use real money instead, why bother use bitcoin?
So just make this as long term investment. Maybe in two or three years the price will be so high, and you'll gain profits from that.
There's nothing wrong to invest btc, but there's always a risk where the price may drop suddenly.
Well, just invest in bitcoin and make more money.  In addition to that, investing in bitcoin is a good choice if you want to make more income and you can assure that you could make and earn money by using bitcoin. Lastly, if I have a lot of money I think I would invest it in bitcoin and I will hold it for a long time.

BUY CRYPTO AT REASONABLE RATES
▄▄███████▄▄
▄█████▀█▀█████▄
████        ▀████
███████  ███  █████
███████      ▀█████
███████  ███  █████
████        ▄████
▀█████▄█▄█████▀
▀▀███████▀▀
▄▄███████▄▄
▄█████▀ ▀█████▄
██████▀   ▀██████
██████▀     ▀██████
█████▀       ▀█████
█████▀▀▄▄ ▄▄▀▀█████
█████▄  ▀  ▄█████
▀█████▄ ▄█████▀
▀▀███████▀▀
▄▄███████▄▄
▄█████▀▀▀█████▄
██████   ▐███████
██████▌   ▀▀███████
█████▀    ▄████████
████▄    ▀▀▀▀▀▀████
███▌         ▄███
▀█████████████▀
▀▀███████▀▀
&OTHER
COINS
Partner of             
BITFINEX
Cofee.BLUE
Sr. Member
****
Offline Offline

Activity: 546
Merit: 250



View Profile
August 16, 2017, 02:21:55 PM
 #297

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 Smiley
Yes. I thought that bitcoin is really an investment. Because upon entering or getting engage amd involved with bitcoin works to earn a living it is already considered as investing. In addition to that, bitcoin can be really considered as an investment because you are putting up your money into it and as a thing of investment, the users or consumers money is growing in just a short period of time more than what he have on his first attemp.
andaresta
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
August 16, 2017, 03:19:27 PM
 #298

I did not invest bitcoin because I was new and still learning bitcoin so I could invest. This is because bitcoin or crypto currency is the future in terms of investment. You can also invest in a few other currencies that are at the ICO level.
TheGodFather
Hero Member
*****
Offline Offline

Activity: 854
Merit: 500


View Profile
August 16, 2017, 03:25:33 PM
 #299

I did not invest bitcoin because I was new and still learning bitcoin so I could invest. This is because bitcoin or crypto currency is the future in terms of investment. You can also invest in a few other currencies that are at the ICO level.

I didnt too. Because i dont have enough money so support my needs and to buy some coins. So in orded for me to have coins i need to workhard and harder to earn bitcoin and also a coin. It is good to have so many coins that i have been keeping. Because it makes me have a money on it.
Palmerson
Sr. Member
****
Offline Offline

Activity: 434
Merit: 255


Live cams shows pimped with cryptocurrency


View Profile
August 16, 2017, 03:36:35 PM
 #300

I did not invest bitcoin because I was new and still learning bitcoin so I could invest. This is because bitcoin or crypto currency is the future in terms of investment. You can also invest in a few other currencies that are at the ICO level.

I didnt too. Because i dont have enough money so support my needs and to buy some coins. So in orded for me to have coins i need to workhard and harder to earn bitcoin and also a coin. It is good to have so many coins that i have been keeping. Because it makes me have a money on it.
A lot of people came to bitcoin because you can't earn enough money at my regular job. But I want to ask you how you lived before? If you try it, everyone can't spend your coins and it will be an investment in the future. But we want to live now.

 
           ▄▄██▄▄
       ▄▄███▀  ▀███▄▄
   ▄▄███▀▀  ▄▄▄▄  ▀▀███▄▄
▄██▀▀   ▄▄██▀▀██▄▄   ▀▀██▄
██▀  ▄▄██▀▀      ▀▀██▄▄  ▀██
██▄ ██▀              ▀██  ██
▀▀████▄▄▄             ██  ██
▄   ██▀▀▀████▄▄▄      ▀▀████
██  ██       ▀▀▀███▄▄▄     ▀
██  ██             ▀▀▀███▄▄▄
██  ██▄▄            ▄▄██ ▀██
██▄   ▀▀██▄      ▄██▀▀   ▄██
▀███▄    ▀██▄▄██▀    ▄███▀
    ▀▀██▄▄   ▀▀   ▄▄██▀▀
        ▀██▄▄  ▄▄██▀
           ▀▀██▀▀
          
♡   Live cams shows pimped with cryptocurrency   ♡
██Discord  |  Twitter  |  Medium  |  Youtube  |  Bitcointalk  |  Github██
           
           ▄▄██▄▄
       ▄▄███▀  ▀███▄▄
   ▄▄███▀▀  ▄▄▄▄  ▀▀███▄▄
▄██▀▀   ▄▄██▀▀██▄▄   ▀▀██▄
██▀  ▄▄██▀▀      ▀▀██▄▄  ▀██
██▄ ██▀              ▀██  ██
▀▀████▄▄▄             ██  ██
▄   ██▀▀▀████▄▄▄      ▀▀████
██  ██       ▀▀▀███▄▄▄     ▀
██  ██             ▀▀▀███▄▄▄
██  ██▄▄            ▄▄██ ▀██
██▄   ▀▀██▄      ▄██▀▀   ▄██
▀███▄    ▀██▄▄██▀    ▄███▀
    ▀▀██▄▄   ▀▀   ▄▄██▀▀
        ▀██▄▄  ▄▄██▀
           ▀▀██▀▀
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15] 16 17 18 19 20 21 22 23 24 25 26 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!