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Author Topic: Why the future of bitcoin is brighter then any other currency in the world.  (Read 2241 times)
Shenzou
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August 09, 2017, 09:43:10 AM
 #21

It is true that the bitcoin has had and still having a great succcess and more and more poeple are intrested in it and belive in it, but that does not mean that 10 years from now the same situation is gona be, as we all know that bitcoin is limited and that limite in the splly, also limites the boundries for bitcoin becoming a major currency that is approved by all goverments in the world.
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August 09, 2017, 10:13:25 AM
 #22

You can see that the price is increasing, but it is not always like that. It had its decreases, and once it got down, people start selling their bitcoins in fear that the value of bitcoin is gone. It returned back, and now it's higher than ever. Probably the value will get really high, but beware of the volatile nature of bitcoin, as it can decrease it's value drastically also.
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August 09, 2017, 10:20:35 AM
 #23

But its a a volatile currency. Some would say that it is in the open beta edition, with bugs being symbolistic of the volatile nature of bitcoin.
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August 09, 2017, 10:48:57 AM
 #24

If you have notice recently the price of bitcoin is constantly on the increase in the exchange market, today bitcoin go for as high as $3412 and still counting high in some days to come.
So my question is when do you consider the best time to sell your bitcoin or is it better to just save it for a while considering the constant rise in price.

save your bitcoin or spend it, whatever is right for you
and when it drops back in price . . . just buy more.
I wouldnt sell it just because its high, just buy it when its low.

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August 09, 2017, 10:53:24 AM
 #25

You can ask everyone here but you wont find the 100 percent accurate answer.
It will just be prediction and observation but wont be the exact thing that will happen.
At the end it will be your choice to decide whether you want to sell or hold it.
Don't want to be blaming anyone just because you listened to them.

For me, there is a part that is on hold and there is a part which I spend and it is working well.
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August 09, 2017, 11:15:36 AM
 #26

It is because bitcoin is starting to revolutionize the world. Bitcoin is getting widely accepted and the demand for bitcoin is getting bigger and bigger and that is the reason why its future is getting brighter than any other currency in the world because of its advancement which most of the people need in the future.
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August 09, 2017, 11:33:42 AM
 #27

So my question is when do you consider the best time to sell your bitcoin or is it better to just save it for a while considering the constant rise in price.
The ultimate aim is to SPEND your bitcoin... give it 2-3years and I don't think we'll see people talking about selling them or cashing them out - it'll just be about spending them.
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August 09, 2017, 11:42:57 AM
 #28

Nothing is certain in the crypto world... It's all too early to tell - even Bitcoin as the oldest coin is only 7 years old. Give it time to change and evolve...

With that said, some changes are kinda scary to the 'ecosystem'... We need to learn to do our own research and come up with our own opinions instead of blindly shilling one way or the other (especially on complex 'techy' matters such as the forks and the like)
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August 09, 2017, 11:47:21 AM
 #29

No point in selling. Why would I exchange my shiny precious bitcoin for dirty fiat money? I honestly see no reason for that - unless there is some sort of financial emergency. HODL!









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August 09, 2017, 11:54:25 AM
Last edit: August 09, 2017, 12:41:36 PM by farhaan
 #30

If you have notice recently the price of bitcoin is constantly on the increase in the exchange market, today bitcoin go for as high as $3412 and still counting high in some days to come.
So my question is when do you consider the best time to sell your bitcoin or is it better to just save it for a while considering the constant rise in price.
We could see that just now,hard fork has occured and bitcoin price has started to increase constantly from that time.There is a huge increase in demand for bitcoins.We don't know exactly that how much it would increase.But on seeing bitcoin going to be legalized in many countries and there is huge adoption of bitcoins world wide,it would be better to hold it for some more time.Longer you hold bitcoins,larger will be the benefit.

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iram1011
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August 09, 2017, 12:01:09 PM
 #31

Bitcoin is like an investment asset same as stocks. The best time to sell it depends upon how much profit you intended and whether you need your money when your asset is appreciating at a good rate. It solely a personal decision.

Bitcoin is a deflationary currency and hence its price will keep on increasing with time. What I suggest others and what I do myself is to keep money in Bitcoin until its needed. Bitcoin is best asset to grow money.
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August 09, 2017, 12:03:07 PM
 #32

bitcoin was designed to be an alternative to our bizarre system financial
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August 09, 2017, 12:23:20 PM
 #33

Because bitcoin have a lot of lover and useful. Besides for trading,  bitcoin can use to buy stuff like phone bills, clothes and many more think using online shop that accept bitcoin as payment method. That's why bitcoin worth so much other than cryptocurrencies that just used for trading/gambling.
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August 09, 2017, 12:31:21 PM
 #34

With bitcoin, a bright future is possible, because he has already provided such a future for many who joined him at the very beginning and kept him for a long time. You just have to wait and believe in bitcoin.

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August 09, 2017, 12:31:51 PM
 #35

If you have notice recently the price of bitcoin is constantly on the increase in the exchange market, today bitcoin go for as high as $3412 and still counting high in some days to come. So my question is when do you consider the best time to sell your bitcoin or is it better to just save it for a while considering the constant rise in price.

You should have sold some of your Bitcoin when it reached that high $3,412 because as of the time I am replying this Bitcoin experienced a little pullback. You could have made some profit that way by selling when it is high and then buying it back when it is already low.

However, nobody can be sure when is the best time to buy/sell Bitcoin as there is also a tendency that our hunch may not really be working. I am not good in trading so I just prefer to HODL as they say it. Bitcoin has now become a very good tool to increase one's wealth and I am sure there would be so many stories of richness all over the world.
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August 09, 2017, 12:50:38 PM
 #36

If you have notice recently the price of bitcoin is constantly on the increase in the exchange market, today bitcoin go for as high as $3412 and still counting high in some days to come.
So my question is when do you consider the best time to sell your bitcoin or is it better to just save it for a while considering the constant rise in price.
Everyone feels happiness when looking at the rising bitcoin prices today. Everything is unexpectedly due to an increase of nearly hundreds of USD in just a few days. Seeing this condition then I will look forward to a bright bitcoin future. People will switch and start using bitcoin. Bitcoin requires stability because it can make bitcoin more trusted by the world community.
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August 09, 2017, 12:57:11 PM
 #37

is when do you consider the best time to sell your bitcoin or is it better to just save it for a while considering the constant rise in price.

You asked two questions, to answer your question will depend on:

Did you buy bitcoin when it's at what price? (If you bought some bitcoin)


What profit targets did you define when you bought bitcoin? (If you bought some bitcoin)


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August 09, 2017, 01:07:38 PM
 #38

Well it depends. The volatility of bitcoin makes it still a  coin to invest knowing all the risks it could bring you. You can't be sure tat it will be always growing for now on, because of it's volatile nature. But with the comebacks it made, it will definitely continue to grow till it is known by almost everyone in the world
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August 09, 2017, 01:08:46 PM
 #39

If you have notice recently the price of bitcoin is constantly on the increase in the exchange market, today bitcoin go for as high as $3412 and still counting high in some days to come.
So my question is when do you consider the best time to sell your bitcoin or is it better to just save it for a while considering the constant rise in price.
This is the simplest question and you mentioned the answer in your question itself. Bitcoin is the rapidly growing cryptocurrency which moved from $0.52 to $3400+
It does not have any huge obstacles and will surely grow a lot. bitcoin is best in fields of investing and many new users are introduced to bitcoins which makes its future bright.
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August 09, 2017, 01:11:31 PM
 #40

Bitcoin was the first crypto currency. Since it all started so he will always be the world's most popular crypto currency. The growth rate of the currency also makes it out of competition. The scope of bitcoin is also wider than any crypto currency.
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