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Author Topic: Three reasons to invest in Bitcoin  (Read 7557 times)
CryptoBry (OP)
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August 20, 2017, 04:08:32 PM
Last edit: August 20, 2017, 04:27:39 PM by CryptoBry
 #1

Quote
1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.


These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.
pinkpanther03
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August 24, 2017, 07:42:57 AM
 #2

Quote
1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.


These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.
Yeah, you are correct mate. even bitcoin now is popular now all around the world still are many had a doubt into bitcoin. They think it is scam, nevertheless, they still don't know the deepest edge of having bitcoin in our lives now. Because if they will only know the reason why many of the investors are impressed into bitcoin it is because of Decentralization, Security, and Can make you a Millionaires someday.
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August 24, 2017, 07:53:56 AM
 #3

Quote
1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.


These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.
Yeah, you are correct mate. even bitcoin now is popular now all around the world still are many had a doubt into bitcoin. They think it is scam, nevertheless, they still don't know the deepest edge of having bitcoin in our lives now. Because if they will only know the reason why many of the investors are impressed into bitcoin it is because of Decentralization, Security, and Can make you a Millionaires someday.

Wow, that's very exciting to know.As a new member here in bitcoin forum, I feel so blessed that I came to know bitcoin now. I will do my best to learn and earn so that someday I'd be able to get good profits. Sow now and reap tommorow. I believe that it's never too late afterall. Thanks to Satoshi! But most of all, Thanks to God!
Ararbermas
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August 24, 2017, 08:20:39 AM
 #4

Quote
1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.


These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.
Yeah, you are correct mate. even bitcoin now is popular now all around the world still are many had a doubt into bitcoin. They think it is scam, nevertheless, they still don't know the deepest edge of having bitcoin in our lives now. Because if they will only know the reason why many of the investors are impressed into bitcoin it is because of Decentralization, Security, and Can make you a Millionaires someday.

Wow, that's very exciting to know.As a new member here in bitcoin forum, I feel so blessed that I came to know bitcoin now. I will do my best to learn and earn so that someday I'd be able to get good profits. Sow now and reap tommorow. I believe that it's never too late afterall. Thanks to Satoshi! But most of all, Thanks to God!
yeah bro just dont get your self fall to any investment site if you are a newbie try to do some research the history where you want to invest if you dont want to lose your money. . Yeah i agree some opinion from above we still have a doubt on bitcoin cause we dont know if our money is safe or not .. so i highly recommend to do some research before you do to take some risky stuff .. Regards
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August 24, 2017, 08:42:54 AM
 #5

Bitcoin is #1 in every important aspect. It is sort of obvious that no matter how high the price is, it is and always will be a great investment. And yet it's just too hard to overcome thoughts that btc was worth a couple of dollars and then when it was worth hundreds, the price already seemed to high to consider in as an investment. My father lives in a poor country and has a $300 salary per month (which is an average salary here). He doesn't invest into altcoins. He earns some btc and spends it but he has 1 btc he just stores for better times. Once it was just $800 but it's already $4k. I realize it's a promising coin and the price might even go up and up again but it's just too hard for me to consider investing it such an expensive coin when there are so many cheap and improved ones.

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Seansky
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August 24, 2017, 09:36:19 AM
Last edit: August 24, 2017, 09:53:58 AM by Seansky
 #6

Quote
1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.


These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.
The 3 mentioned by you OP are the biggest reasons why one should invest into bitcoin now. That being said, I think it not enough just to convince others to invest into bitcoin too, since there are many skeptical people out there who will ask more questions when they heard these reasons and they will still doubt it but either way it is their loss for not investing if bitcoin had gone up again.
krishnapramod
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August 24, 2017, 10:54:45 AM
 #7

Quote
1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.


These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.

Bitcoin is compared to gold not because its value is not controlled by governments, but because it's supply is limited as that of gold, scarcity, store of value. Obviously, limited supply, higher demand, value will naturally increase.

Like Gold, Bitcoin is a safe haven asset. Value increases during political or economical uncertainty/crisis, but unlike gold, Bitcoin is not correlated to other assets. It's a new asset class and that makes it a good investment.

Bitcoin is #1 in every important aspect. It is sort of obvious that no matter how high the price is, it is and always will be a great investment. And yet it's just too hard to overcome thoughts that btc was worth a couple of dollars and then when it was worth hundreds, the price already seemed to high to consider in as an investment. My father lives in a poor country and has a $300 salary per month (which is an average salary here). He doesn't invest into altcoins. He earns some btc and spends it but he has 1 btc he just stores for better times. Once it was just $800 but it's already $4k. I realize it's a promising coin and the price might even go up and up again but it's just too hard for me to consider investing it such an expensive coin when there are so many cheap and improved ones.

I don't know about the improved ones, but do know about the cheap ones. A whole Bitcoin is expensive and will become more expensive in future, but you necessarily don't have to buy a whole Bitcoin, it is divisible, invest on fractions of Bitcoin, 0.001, 0.01, 0.1.
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August 24, 2017, 12:54:55 PM
 #8

The reason I invest bitcoin is:
1. future payment system
2. very profitable
3. faster and cheaper transactions
Pasutinmeur
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August 24, 2017, 01:11:39 PM
 #9

Quote
1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.


These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.
The important reason that the bitcoin is having limited amount. And if the bitcoin hasn't limited supply that makes difficult to the price of bitcoin will increase. But this time the reason to invest in bitcoin because there are some countries tried to take the advantage and try to fight in the mining network to catch to its domination.

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August 24, 2017, 01:50:02 PM
 #10

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1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.
Only major problem our governments have with bitcoin is there is less revenue been collected as it continues to become popular.


Quote
2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.
We need more mainstream investors to endorse bitcoin if we want to see it go to the moon

Quote

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.


Source here.

This is a very solid reason to give investors and holders hope of the value going up with time as bitcoin as proved to continued to gain in support from people all over the world and the small total number of coins will contribute to the value of the btccoins
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August 24, 2017, 02:00:10 PM
 #11

Yes, these are very good reasons that I tend to use when I speak about bitcoin to others. Other reasons is that it is secure (you cannot fake Bitcoin, and even cash can be fake). People also tend to say "I do not trust some bits in a computer, I trust in cold hard cash" not realizing cash is based only in the trust people put on it. Just as Bitcoin.

Is as much money as any money and more.

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August 24, 2017, 02:03:43 PM
 #12

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1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.


These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.

Agreed with you, but i think there are many reasons to invest into the bitcoins. But the reasons mentioned by you are the most important to have trust and belief in the bitcoins. People have started accepting the idea of digital money and the popularity of the bitcoins will be increasing in future also.
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August 24, 2017, 02:22:55 PM
 #13

Here are the 3 reason to invest in bitcoin

1. Bitcoin is decentralized where none of the private sectors in government are not capable to interfere your bitcoin holdings.

2. Bitcoin has many usages such as: money transfer, monthly bill, shopping online, travel online payment.

3. Bitcoin is very safe and secured.
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August 24, 2017, 02:41:30 PM
 #14

The three reasons I invest in Bitcoin are many who accept bitcoin as an online payment in online shopping, it's easy to trade in bitcoin and the last one in bitcoin is very promising because the price is stable and keeps rising
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August 24, 2017, 02:57:14 PM
 #15

The three reasons I invest in Bitcoin are many who accept bitcoin as an online payment in online shopping, it's easy to trade in bitcoin and the last one in bitcoin is very promising because the price is stable and keeps rising

I just hope this is the way the known or popular online sites are doing. Most of the sites that allows people to pay bitcoin is not that known the reason they are requesting they're used site top accept bitcoin. I think the great reason that someone need to invest on bitcoin is because of it's volatility and the possibility of it being popular and widely used by many more people.
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August 24, 2017, 03:09:03 PM
 #16

Quote
1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.


These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.
We certainly can't ignore the fact that there is a huge potential market still available to Bitcoin and other cryptocurrencues which will ultimately increase the price in future.

At present, only some millions people hold bitcoin or invested in it. That accounts for less than 1% of total world's population(7 billion+). This shows, about 99% either don't have any idea of Bitcoin's existence or are skeptical about it because of incomplete understanding. This year have seen a huge surge in demand which will keep on continuing in coming years as well. Only some million people have already took the price to $4k. Imagine what will happen if even 5% of the remaining population joins the tribe?
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August 24, 2017, 03:19:03 PM
 #17

By just surfing on web or youtube you can be lure to invest in bitcoin because basically when you analyze the bitcoin the only way of the bitcoin is to go up because the bitcoin supply is only limited not like fiat the supply is varies into different aspect for example is the population and demand of the people. So I can say that the bitcoin is very reasonable to invest with because of it's uniqueness as a digital currency with limited supply.

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August 24, 2017, 03:24:57 PM
 #18

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1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.


These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.

To me, the biggest two reasons to invest in bitcoin and use bitcoin, is you can do it over the internet to anyone anywhere for a reletively low fee

You can also count on the blockchain ledger to be accurate for the amounts sent/receieved as being correct and not able to be changed/edited/reversed. Good for people who want to buy /sell things online, where ebay can screw you over because someone lies and complains, you cannot do that with BTC
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August 24, 2017, 03:36:28 PM
 #19

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1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.


These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.

Most likely! I'm excited about this. And it gets me worry also, for someone like me who's poor.
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August 24, 2017, 03:56:14 PM
 #20

Indeed these are certainly great reasons to invest in Bitcoin. But since cryptocurrency in general is extremely risky (not that is would fail, but that it fluctuates wildly), it may not be suitable for conservative investors. Certainly, for young people, Bitcoin is a certainly an asset that NEEDS to be in one's investment portfolio.
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