romero121
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Undeads.com - P2E Runner Game
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September 07, 2017, 11:57:47 AM |
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No difference with bitcoin compared to other valuables. When something becomes more popular, automatically the price increases based on the demand. This makes it more harder to own a single bitcoin, but one thing that differs from other assets is the opportunities available for earning bitcoin.
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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revo1044
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September 07, 2017, 12:00:47 PM |
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Yes every day owning 1 BTC becomes harder Because of the price that knows the moon only .
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leirou
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Activity: 112
Merit: 10
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September 07, 2017, 12:01:13 PM |
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Owning 1 BTC/ Bitcoin becomes harder everyday because the supply of it is getting lesser and lesser and the demands get higher as it is getting known by more people.
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TrueCryptonaire
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Activity: 1092
Merit: 1000
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September 07, 2017, 12:02:46 PM |
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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?
Actually owning 1 bitcoin have become pretty hard than the previous year where the price was 10x less than the current price. But as the value of bitcoin is growing so owning less amount also feels great. |
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wellsontheja
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September 07, 2017, 12:17:24 PM |
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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 guess No matter how high bitcoin price will growing up bitcoin will never be a currency only for rich people bitcoin is open source you still can get it even if it's not in large quantities ofcourse i'm afraid if it's will be a currency only for rich people if you afraid about that you must Collect it as much as it is from now before it happens |
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balakang00
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Activity: 266
Merit: 100
Platform for Investing in Cryptocurrency and ICOs
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October 01, 2017, 03:41:49 PM |
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bitcoin is not for the rich people only. It is for everybody who wants to discover this kind of cryptocurrency so i guess its not hard to own any amount of bitcoin.
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wellsontheja
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October 01, 2017, 04:00:42 PM |
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because bitcoin prices are increasingly increasing day by day. so that removing the bitcoin in large amounts becomes more disadvantageous, not as it used to be when bitcoin prices are still low so that removing even large quantities does not matter.
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Whitegriever
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October 01, 2017, 05:48:03 PM |
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Why should it be very simple? earning money with btc is actually already as simple for us and then u also want to earn it faster? bro if you want to earn something work hard for it that is what bitcoin want to show to u.
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Yakamoto
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Activity: 1218
Merit: 1007
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October 01, 2017, 05:57:42 PM |
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No difference with bitcoin compared to other valuables. When something becomes more popular, automatically the price increases based on the demand. This makes it more harder to own a single bitcoin, but one thing that differs from other assets is the opportunities available for earning bitcoin.
This is the first right answer that I ran across on the last page which is accurate and reflects the reasoning behind owning 1 BTC being harder and harder to earn. The quick rundown is that the value goes up, your work has less BTC value but the same amount of fiat value, and as such you get the same amount of "value" for your work but you won't see the same value in Bitcoin, because BTC gets more valuable, etc. It kind of sucks if you weren't doing anything before so that you could build up some assets, but you can still build up assets now. |
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PMmesexycoins
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Merit: 102
Stake's discord https://discord.gg/cZhK9vp
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October 01, 2017, 06:17:37 PM |
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bitcoin is not for the rich people only. It is for everybody who wants to discover this kind of cryptocurrency so i guess its not hard to own any amount of bitcoin.
That so, but it goes without saying that only those with significant disposable income that would have an easy time diving into things like this. |
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Lanatsa
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October 01, 2017, 06:21:27 PM |
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No difference with bitcoin compared to other valuables. When something becomes more popular, automatically the price increases based on the demand. This makes it more harder to own a single bitcoin, but one thing that differs from other assets is the opportunities available for earning bitcoin.
This is the first right answer that I ran across on the last page which is accurate and reflects the reasoning behind owning 1 BTC being harder and harder to earn. The quick rundown is that the value goes up, your work has less BTC value but the same amount of fiat value, and as such you get the same amount of "value" for your work but you won't see the same value in Bitcoin, because BTC gets more valuable, etc. It kind of sucks if you weren't doing anything before so that you could build up some assets, but you can still build up assets now. It do really sucks when you tried out to picture out on those previous years on which the bitcoin rate is really high since its value isnt too high which is really normal.You can easily achieve 1 btc on those days because its still not valuable and now the price have skyrocketed already expect value on bitcoin will really be less which would really add up on the difficulty on accumulating a whole bitcoin. |
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StonedWolf
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October 01, 2017, 09:38:36 PM |
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Quite simply, it is thanks to the very high value of the bitcoin in our days, and it is still in permanent growth except some falls due to the interventions of the governments especially the chineese government, or the threats of the hackers.
In the meantime, owning 1 BTC is not an impossible task since there is a lot of way to make money.
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Twinscoin2017
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October 01, 2017, 09:48:31 PM |
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Quite simply, it is thanks to the very high value of the bitcoin in our days, and it is still in permanent growth except some falls due to the interventions of the governments especially the chineese government, or the threats of the hackers.
In the meantime, owning 1 BTC is not an impossible task since there is a lot of way to make money.
yes i agree the price of bitcoin today is currently high so then if we buy bitcoin we need to have a lot of fiat money. |
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Youghoor
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October 01, 2017, 09:49:34 PM |
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Well you should know that bitcoin is more than 4300 dollars at the moment, and it is not easy to earn that amount of money, doesnt matter if it is on bitcoins, ethereums, moneros, etc, it is difficult to earn it, if not, then everybody in here would be millionaire. it is easy to earn that if you know how to do it, and if you work hard in order to get it, ussually i get around 0.02 bitcoins a day only for my online work, and i do have a real job too, but that is because i have so many investments at the moment
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haroldtee
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October 01, 2017, 09:53:32 PM |
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I believe that is a normal logic since you do not expect the value to remain the same. Those who got in fast by adopting it as currency already is there luck. Those who have to come in later, should definitely not consider going for the same thing the big dawgs will go for. Having a while bitcoin is not what matters, few of it is not a bad idea and moreover, being able to transact easily is another plus using bitcoin.
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Bezdonov Art
Member
Offline
Activity: 84
Merit: 10
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October 01, 2017, 10:05:45 PM |
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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 will make sense if you are able to buy bitcoin and store it for many years. most people do not know how to be so patient. Buy bitcoin and hold it. In 20 years you can buy a big house for it. |
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tabas
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October 01, 2017, 10:08:31 PM |
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Wow, bitcoin price is increasing everyday at lightening speed!
Yes it's happening but the counterpart of it is bitcoin can also decrease at a lightning speed. Are you not afraid someday 1 bitcoin will become currency for the rich dudes?
Why I should be afraid about that thing so it doesn't matter to me, they are rich and I have bitcoin but it doesn't mean that I'm rich. 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?
Yes we are going up and this is very possible to happen. I'm talking about owning BTC1 or BTC2... I know people can buy satoshis and save in their wallets.
What do you think, guys?
Owning 1 - 2 BTC becomes harder? No it is not, it's even harder if you don't have something to spend and to hold. |
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Anfisman
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October 01, 2017, 11:59:21 PM |
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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'm not afraid of it, because I'm sure bitcoin is created for everyone not just for a handful of people. Bitcoin is an investment therefore the outcome obtained from bitcoin can not be instantly gets but the profits we can be felt in the next few years. that's why people who first invested with bitcoin early in their appearance can get big profit today. so we can also get what they get if we invest now. |
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asadul
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Activity: 84
Merit: 10
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October 02, 2017, 12:10:36 AM |
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Bitcoin is increasing every day of electricity. We all want to buy and save Bitcoin. Because Bitcoin has become as popular as the day went on. You got $ 100 every six years ago, you can buy Bitcoin for $ 100.
Nowadays, you have $ 100, you can buy Bitcoin worth 100 dollars.
For the next seven years, you will have 100 dollars and you can buy Bitcoin for $ 100 (If the dollar has won then that time will not be rubbish).
So, the problem? If you think you are buying coins in 2 million docks, they are worth more than 1 bit more because "this is a lot more coin".
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teejayrichard2
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Activity: 574
Merit: 12
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November 10, 2017, 07:02:29 AM |
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BTC will become more and more difficult to buy as long as the price keeps going up and people refuse to sell. People buy and save bitcoins now with the mindset that price will keep increasing in nearby future and as they do this the demand for it keeps increasing with people being unable to get it thereby increasing the price. This makes it more difficult for an average man to get. Imagine bitcoin getting to 15k dollars, certainly not everyone can afford that
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