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Author Topic: Why owning 1 BTC becomes harder everyday???  (Read 5923 times)
Scorpion
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August 21, 2017, 02:06:38 PM
 #161


Think about more and more people being born everyday, more and more people rising and prospering economically world wide and get on the internet as new users same thing with fresh blood in Bitcoin and the demand grows everyday.

lovesybitz
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August 22, 2017, 09:07:46 AM
 #162

Wow, bitcoin price is increasing everyday at lightening speed!

Are you not afraid someday bitcoin will become currency only for the rich dudes?

I know we all want to buy and save more bitcoins, but the way bitcoin price is going are we really going to keep up?

What do you think, guys?
No, I will not be afraid. The rich can of course afford to buy bitcoin but there are so many ways to have it also without investing. So you can always earn in your own decent way. If we are not born with a golden spoon, then we shall try hard to reach our dreams. This is not a race. Never mind the rich people, we too can be rich soon! Smiley

Agreed, For what reason to get afraid of? Besides, in earnings bitcoin you'd should learn to exert effort and work hard for it before to gain reward. It's takes process too before we reach the level of becoming rich Wink
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August 28, 2017, 07:21:04 AM
 #163

Wow, bitcoin price is increasing everyday at lightening speed!

Are you not afraid someday 1 bitcoin will become currency for the rich dudes?

I know we all want to buy and save more bitcoins in pieces, but the way bitcoin price is going are we really going to keep up?

Edit: I'm talking about owning BTC1 or BTC2... I know people can buy satoshis and save in their wallets.

What do you think, guys?

It’s because the price of bitcoin get higher that makes it hard to own. But it is not going to be for rich only. And I think because of the bitcoin price got higher it makes the signature campaign to be strict to its member and decrease the rate of payment and to accommodate many member.                     

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August 28, 2017, 07:28:47 AM
 #164

The supply of bitcoin is limited but the demand is high, but the transaction of all cryptocurrency is increasing day by day its because of increase in the number of users, the value of bitcoin rises. As  price rises its difficult to buy Bitcoins for new investors but if you invest bitcoins then its good as there are chances for the bitcoin price to increase in the next two to three months time.
Bitcoin becomes harder everyday but it does not for rich only. Yes the value of bitcoin users is keep increasing thats why its price is expensive. So if plan to invest in bitcoin dont be late because for sure if holding your investment will grow for a long term.
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August 28, 2017, 07:41:00 AM
 #165

Wow, bitcoin price is increasing everyday at lightening speed!

Are you not afraid someday 1 bitcoin will become currency for the rich dudes?

I know we all want to buy and save more bitcoins in pieces, but the way bitcoin price is going are we really going to keep up?

Edit: I'm talking about owning BTC1 or BTC2... I know people can buy satoshis and save in their wallets.

What do you think, guys?
Due to the steady rise in the price of bitcoins. 1,000 Satoshi is now very difficult to save. What more if 1 BTC is.
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August 28, 2017, 07:51:38 AM
 #166

the supply is limited. bitcoin becoming scarce and the value going up, makes it harder to earn bitcoin.
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August 28, 2017, 07:58:20 AM
 #167

the supply is limited. bitcoin becoming scarce and the value going up, makes it harder to earn bitcoin.

Bitcoin has a significant value today that's why owning 1BTC is hard. A year ago, it is not that hard to own one but now it is hard because it has become popular thus more demand and because BTC has limited supply then its price would shoot up. That's why for us bitcoin enthusiast who already know the existence of it should work hard to obtain one cause one day it would be much more difficult that even just a satoshi would be valuable and there will be no bitcoin faucets anymore.

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August 28, 2017, 08:07:50 AM
 #168

The supply of bitcoin is limited but the demand is high, but the transaction of all cryptocurrency is increasing day by day its because of increase in the number of users, the value of bitcoin rises. As  price rises its difficult to buy Bitcoins for new investors but if you invest bitcoins then its good as there are chances for the bitcoin price to increase in the next two to three months time.
Bitcoin becomes harder everyday but it does not for rich only. Yes the value of bitcoin users is keep increasing thats why its price is expensive. So if plan to invest in bitcoin dont be late because for sure if holding your investment will grow for a long term.

Ya I  agree you. If you inverse in bitcoin means, it will make you rich on one day from my experience. Even you may became a billionaire or millionaire one day.But for this , calm for long is needed one. Wise selling of bitcoin is also essential.If you do this means, you can hold till 1Btc.

 
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August 28, 2017, 09:49:58 AM
 #169

So if plan to invest in bitcoin dont be late because for sure if holding your investment will grow for a long term.

Even at current levels, there is no such a thing as being late if you are long term minded (i.e +2 years). I remember how people were making fun of those having bought their coins at peak levels back in 2013 with the MtGox all time high. I must admit that in these circumstances it wasn't exactly a good move to start buying Bitcoin, but if these people kept their patience, and thus didn't sell just because they lost faith, they are in an extremely comfortable position right now. As always, it's the short term that makes people lose in this market - one day everything looks alright, where the next day this market is a complete warzone, and the day after that the sentiment seems to be peaking again. Yep, that's Bitcoin.
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August 28, 2017, 01:10:31 PM
 #170

So if plan to invest in bitcoin dont be late because for sure if holding your investment will grow for a long term.

Even at current levels, there is no such a thing as being late if you are long term minded (i.e +2 years). I remember how people were making fun of those having bought their coins at peak levels back in 2013 with the MtGox all time high. I must admit that in these circumstances it wasn't exactly a good move to start buying Bitcoin, but if these people kept their patience, and thus didn't sell just because they lost faith, they are in an extremely comfortable position right now. As always, it's the short term that makes people lose in this market - one day everything looks alright, where the next day this market is a complete warzone, and the day after that the sentiment seems to be peaking again. Yep, that's Bitcoin.

The people who invested 2 years ago are already 8x at least in tems of earning.
For the ones that invest right now to have the same gains BTC price should go to 32k.
And if we are digging in deeper, for the ones investing when bitcoin is 32k to gain 8x profits bitcoin would have to reach 256k$
Damn it's like a upgrading RAM.

So yeah, if you're expecting huge overnight profits in terms of % it looks more and more like you're arriving to late to the party.

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August 28, 2017, 01:13:33 PM
 #171

I agree, as everyone else I also regretted not getting into the crypto world earlier, but still I hoped I'd have 1 BTC by the end of this year. Mostly from alt trading, but now I don't think its possible. The value has more than tripled in so little time, if one can not afford to buy bitcoin, then its gonna take a long time to make one bitcoin now. Smiley
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August 28, 2017, 01:15:13 PM
 #172

Wow, bitcoin price is increasing everyday at lightening speed!

Are you not afraid someday 1 bitcoin will become currency for the rich dudes?

I know we all want to buy and save more bitcoins in pieces, but the way bitcoin price is going are we really going to keep up?

Edit: I'm talking about owning BTC1 or BTC2... I know people can buy satoshis and save in their wallets.

What do you think, guys?
If your way of earning Bitcoin is through Bitcoin buying, it will surely be hard since the price of Bitcoin is already high and is continuously increasing, holders will compel holding their Bitcoin more to make profit from it. But there are alternative ways to earn Bitcoin such as trading and joining campaigns. In campaigns, earning 1 BTC won't be in an instant, but the amount of profit earned on each of the campaigns is somewaht big although it takes time to earn bitcoin in campaigns since there are cpaigns that lasts for months.
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August 28, 2017, 01:17:06 PM
 #173

it really doesnt matter
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August 28, 2017, 01:24:56 PM
 #174

Why we must afraid someday bitcoin will become currency for the rich people just because we can't buy 1btc or 2btc like you said we still can buy satoshis and save it in our wallet, i think we still can earn a profit by do that even though only a little.

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August 28, 2017, 01:25:28 PM
 #175

Wow, bitcoin price is increasing everyday at lightening speed!

Are you not afraid someday 1 bitcoin will become currency for the rich dudes?

I know we all want to buy and save more bitcoins in pieces, but the way bitcoin price is going are we really going to keep up?

Edit: I'm talking about owning BTC1 or BTC2... I know people can buy satoshis and save in their wallets.

What do you think, guys?
You are right. Bitcoin is still increasing its value at lightning speed. But I dont think that someday Bitcoin will consumed and used only by the rich people because as you can see bitcoin can be divided into smaller decimal number.

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August 28, 2017, 01:25:36 PM
 #176

Wow, bitcoin price is increasing everyday at lightening speed!

Are you not afraid someday 1 bitcoin will become currency for the rich dudes?

I know we all want to buy and save more bitcoins in pieces, but the way bitcoin price is going are we really going to keep up?

Edit: I'm talking about owning BTC1 or BTC2... I know people can buy satoshis and save in their wallets.

What do you think, guys?

I think that the relationship between bitcoin price and the difficulty to earn it is that they are directly proportional to each other. The higher the bitcoin price, the higher the difficulty to earn bitcoins. The lower the bitcoin price, the lower the difficulty to earn. Lucky are those who invested or bought bitcoins during the time that its price was still low. They probably have doubled their investment already by now. Since bitcoin price continues to increase everyday, it is expected that it will take more time in order to earn more bitcoins.
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August 28, 2017, 01:33:35 PM
 #177

Wow, bitcoin price is increasing everyday at lightening speed!

Are you not afraid someday 1 bitcoin will become currency for the rich dudes?

I know we all want to buy and save more bitcoins in pieces, but the way bitcoin price is going are we really going to keep up?

Edit: I'm talking about owning BTC1 or BTC2... I know people can buy satoshis and save in their wallets.

What do you think, guys?
You have a good point. It is just like mining a pure mineral like gold. If all people are mining and fighting to seek 1 bitcoin it is hard for an ordinary person to get one. But I know that Bitcoin can be divided into smaller decimal numbers so I think that everyone may have their own Bitcoin.

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August 28, 2017, 01:37:49 PM
 #178

The price of bitcoin is getting higher so you need more fiat money to buy 1 btc as it was easy in the past when it was trading at $200 or $300 as at that time with less fiat you could have more amount of bitcoins in your wallet and even earning bitcoins have become very hard now as you will get very low amount of bitcoins for the services you offer and it will become more harder in future when price will increase more.
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August 28, 2017, 11:06:28 PM
 #179

the supply is limited. bitcoin becoming scarce and the value going up, makes it harder to earn bitcoin.

Bitcoin has a significant value today that's why owning 1BTC is hard. A year ago, it is not that hard to own one but now it is hard because it has become popular thus more demand and because BTC has limited supply then its price would shoot up. That's why for us bitcoin enthusiast who already know the existence of it should work hard to obtain one cause one day it would be much more difficult that even just a satoshi would be valuable and there will be no bitcoin faucets anymore.
When bitcoin was introduced in the online crypto currencies’ world, it’s worth was really low. Buying bitcoin then was so easy and simple. People bought many bitcoins then. And I agree that, buying 1 bitcoin a year ago was still quite easy. As the price of bitcoin has increased to a higher level now and bitcoin is quite expensive now, so, owning even 1 bitcoin is really hard.
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September 07, 2017, 11:51:51 AM
 #180

If you already own some bitcoins, the hardest thing is not to panic and keep them even when the price dumps.
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