winderx (OP)
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August 10, 2017, 05:05:56 AM |
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Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?
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spain cool
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August 10, 2017, 05:16:03 AM |
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Bitcoin is now a requirement. So it will be difficult for people not to buy bitcoin. Let alone the increasing number of enthusiasts will bitcoin even though the price of bitcoin is now soaring.
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Yakamoto
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August 10, 2017, 05:26:00 AM |
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Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?
It's profitable to buy Bitcoin as long as there is a chance that there will be an uptrend with the market, and unless that chance either becomes too small or there is simply not enough demand there isn't really a reason to "stop" buying Bitcoin. It's the same as every other market; as long as there is a demand, and the supply keeps getting smaller, there is profit to be had. Bitcoin is now a requirement. So it will be difficult for people not to buy bitcoin. Let alone the increasing number of enthusiasts will bitcoin even though the price of bitcoin is now soaring.
Bitcoin is far from a requirement; it is picking up some steam when it comes to interest but it is very far away from being a "requirement". Most people still don't care about Bitcoin.
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SamsungBitcoin
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August 10, 2017, 05:32:04 AM |
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It depends on the capacity of the users, me i already stop to buy bitcoin because it is not afford of my budget that is why i am here just collecting bitcoin for some method i know. But if you have lots of money that was good to buy bitcoin as investment.
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Kakmakr
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August 10, 2017, 05:42:32 AM |
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I guess a lot of people will say, when the price reach unsustainable levels, where profits cannot be made. Let's say the price stabilize at $10 000 and only fluctuate a little. If the fees to trade are not covered by the profits, then it will not be profitable to continue with trades.
The chance of this happening now is very low, because we still see a lot of volatility and whales pushing and manipulating the price. < price dips & spikes >
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davis196
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August 10, 2017, 06:07:29 AM |
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Bitcoin is now a requirement. So it will be difficult for people not to buy bitcoin. Let alone the increasing number of enthusiasts will bitcoin even though the price of bitcoin is now soaring.
I can`t understand your post.How come bitcoin is a "requirement"? Why it would be difficult for people "not to buy"?If the price increases,it gets more difficult to buy. I would say that the OP question in the topic is a little bit stupid.Nobody can predict when bitcoin will reach the absolute top and when btc will totally stop increasing it`s value.
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yrreg ger
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August 10, 2017, 06:49:24 AM |
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It depends on the capacity of the users, me i already stop to buy bitcoin because it is not afford of my budget that is why i am here just collecting bitcoin for some method i know. But if you have lots of money that was good to buy bitcoin as investment.
It depends on the capacity of the users, me i already stop to buy bitcoin because it is not afford of my budget that is why i am here just collecting bitcoin for some method i know. But if you have lots of money that was good to buy bitcoin as investment.
i agree. Bitcoin's operation depends on its patron. It includes its price. So when the demands get high, the price will also rise, if the demands gets low then the price decreases. With these changes, you can have idea when to buy btc and get profit. You must be updated of these changes so that you can make strategies and execute plans responding to these changes
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oegarod
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August 10, 2017, 06:55:09 AM |
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There is no stopping of investing into bitcoin with the users who have a good understanding all about bitcoin as well have benefited through bitcoin. My plans were to earn as much possible and keep hold of bitcoin. Other than that have been investing a small amount regularly from my monthly earning.
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laluna24
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August 10, 2017, 07:01:37 AM |
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There is no stopping of investing into bitcoin with the users who have a good understanding all about bitcoin as well have benefited through bitcoin. My plans were to earn as much possible and keep hold of bitcoin. Other than that have been investing a small amount regularly from my monthly earning.
That's true there is no stopping to invets of bitcoin now. As we can notice on bitcoin value it continue to high and once you understand about bitcoin you can grab the chance to keep buying. Because in the end we can benefited on its price.
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jakelyson
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August 10, 2017, 07:03:12 AM |
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Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?
Even with limited supply or even if all the bitcoins have been mined, bitcoin will not lose value. It may even push the price even higher because of supply and demand. The only way bitcoin will lose value is when its security is compromised or there is a serious flaw in its code which I doubt will happen. So I believe bitcoin's value will keep rising.
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GideonGono
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August 10, 2017, 07:03:37 AM |
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Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?
That is if Bitcoin's economy or market would came crushing down. Well I believe that there is an indication before it will happen and the chances for it to happen is impossible as of the moment since it is continually growing and developing. If it happens then not so soon.
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Sumaiya55
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August 10, 2017, 07:23:20 AM |
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Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?
Bitcoin no longer profitable? When there will be no transactions in blockchain and no users having bitcoins, and no selling or buying is being done in exchanges or anywhere else, then maybe it will not be profitable anymore to buy bitcoins.
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cyclotronmajesty
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August 10, 2017, 08:19:52 AM |
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Bitcoin can be bought at any price as holding it for a long term will surely give us positive returns on our investments and the price of bitcoin has gone higher over the years and even in future it will continue to rise so buying bitcoin at any stage is a good investment to make.
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jc89
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August 10, 2017, 08:20:33 AM |
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Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?
I believe no one really knows when it is no longer profitable. The only argument here I think is that it depends on your capability. Like, if btc value is higher than how much you can afford then that is the time that it is no longer profitable for you. Because as long as people uses and patronize btc, the value is still there.
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fancy_pants
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August 10, 2017, 09:24:32 AM |
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I have stopped buying bitcoins now as the current price is too high for me and even its not affordable for me to make an investment at such high price so the only thing I am doing at a moment is holding my existing coins which I will sell when it crosses $4000.
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btc_angela
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August 10, 2017, 09:36:35 AM |
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Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?
Bitcoin will always be profitable, the difficulty of mining a block is getting extreme. And there is the next halving which will make bitcoin really scarce pushing the price to grow more. I guess when all the 21 million supply has been mined, but it will took more years before it can actually be all be mined. With that said, once all 21 million have been mined, there will never be any new bitcoins (unless a change to the protocol is made to increase the supply).
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Catswold
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August 10, 2017, 10:49:06 AM |
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It depends on the capacity of the users, me i already stop to buy bitcoin because it is not afford of my budget that is why i am here just collecting bitcoin for some method i know. But if you have lots of money that was good to buy bitcoin as investment.
I am also doing the same thing that I am not buying now but I am trying to earn it from all the possible methods available as now the price is very high and not affordable to make an investment in bitcoins as only people who have huge capital will only prefer to buy at this stage.
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Febo
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August 10, 2017, 05:08:34 PM |
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Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?
You will stop buy bitcoin when you will run out of your current currency. When you will start working for BTC you will not say you buy it with your work. At least I hope so you will not.
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marcuslong
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August 10, 2017, 05:15:12 PM |
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lol if you don't have beleif on bitcoin then stop buying it unless you have some ideas on how you can earn without buying it also if you don't have cash to invest with bitcoin there are many people who is and always invest with bitcoin because this is the only and eaiest way to earn money know the logic
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gentlemand
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August 10, 2017, 05:17:42 PM |
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Never. If Bitcoin spreads to most of the world, the next thing that kicks in is the proper deflation as the block reward slows to a trickle and then end. There'll always be newcomers, there'll never be more bitcoins, their local currencies will continue to lose value.
Do the math as they say.
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