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Cointertrade
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November 12, 2017, 01:14:09 PM |
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At present situation government actually not so much concern about such kind of currency for that reason people are not so much interested for using this currency. it is now use as a electronic currency though computerized system.
in terms of purchase and sales bit coin holder's are safe but the lack of proper monitoring system by implementing different protocols client are demotivated for using this currency on investment projects.Every country's government should established a policy for securing those client who are holder of bitcoin like an cash or deposit account holders and this types of policy help to motivated bitcoin holders for investing different sector for establishing new entrepreneur in order to development of economical condition.
Bitcoin was originally created not to replace the type of currency that already exists. Bitcoin is present to provide an alternative for electronic transaction, as its progress development, bitcoin become more big and used as one of investment field. Do everyone think the same? Maybe yes, but certainly not everyone has their purpose why using this. The larger the community, the more people believe to use it, so it can be concluded bitcoins are safe as an investment and used for other transactions. Yes you're correct bitcoin is not created to replace other currency but it was created in order to meet the needs of the virtual community. So it is better to go beyond the reason why bitcoin exist so that you will understand the purpose of it. Bitcoin now is use to invest online and it is also one of the part time job of every people. |
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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moonfrost21
Member
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Activity: 70
Merit: 10
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November 12, 2017, 01:47:53 PM |
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There will always be a risk in investing, one must be responsible and learn how to properly or where to invest first in order to have safe investment. Not only in bitcoin but that's actually in general investing. Now, about the government not having a concern about the crypto-currency I think that's better because you don't have to worry about the taxes.
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Lampaster
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November 12, 2017, 02:00:28 PM |
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Bitcoin is now safe for investment. What we are seeing now the fall in prices is a temporary phenomenon. Yes and fall is difficult to call. Let me remind you that this year, bitcoin has increased its value by over 600%. Is that enough? Name me any other investment that can bring such income.
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Dilladupak
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November 12, 2017, 02:11:31 PM |
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bitcoin for me for everything such as investment and trade are all safe because the government has no control of bitcoin. because many of our society to use bitcoin part of their pedapatan every day, because in view of the other side bitcoin will continue to increase along the way time, so we will get good result, for its user.
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orions.belt19
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November 12, 2017, 03:45:12 PM |
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I'm assuming you both are from locations where banks and money transfers are relatively easy with the systems that have been in place for decades. If you're in the US, you have many options. Banks that are trustworthy for the most part. You have FDIC assurance. The US dollar is a relatively stable currency. ACH transfers, while they take a few days, work great. Bitcoin is not meant for us.
Go to places with capital controls like China. Go to places with currency instability like Venezuela or Argentina, where the native government issued currencies are not as easily usable.
There bitcoin is actually welcomed with open arms. I bet more people in Venezuela use bitcoin on a daily basis just to survive and buy every day things than people who know what bitcoin is in the US.
The US and a few other countries that have stable currencies are the exception, not the rule. Bitcoin is meant for the rest of the world to facilitate easier transfer of money, to hold on to value what people currently have, and to easily use the currency for transactions.
Now a lot of people still don't have bitcoin, even those for whom the currency is really meant for. There's a finite supply. In a few years a majority of the world, say at least 4 billion worth will be trying to get their hands on just 21 million bitcoin.
I think the value will be there as an investment.
Never thought of it that way. I didn't initially see Bitcoin as a conduit or way for those who don't have stable currencies for them to have a more convenient and easier way to facilitate the transfer of money. I didn't know that in the other countries, their native government issued currencies are not easily usable. I live in a third world country but somehow, the transfer of money is made easy because many services are available such as money remittances which may be accessed even for those who belong to the low class. |
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orions.belt19
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November 12, 2017, 03:57:22 PM |
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There will always be a risk in investing, one must be responsible and learn how to properly or where to invest first in order to have safe investment. Not only in bitcoin but that's actually in general investing. Now, about the government not having a concern about the crypto-currency I think that's better because you don't have to worry about the taxes.
It's also kind of risky if the government does not have some sort of stand on bitcoin. It's not new for some countries not to fully recognize or adopt bitcoin yet since it is still somewhat being introduced or discovered in some parts of the world however most have either made a stand on whether bitcoin is legal or considered banned in a country. It's best that a country makes one for the protection of the bitcoin users among its citizens. And yes, I agree that its risky to invest - not only with Bitcoin. Abide by the rule to only invest what you can afford to lose because there's a chance for that anywhere and it's best to make some research and study it first before making an investment decision. |
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Boseda
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November 12, 2017, 03:58:09 PM |
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bitcoin for me for everything such as investment and trade are all safe because the government has no control of bitcoin. because many of our society to use bitcoin part of their pedapatan every day, because in view of the other side bitcoin will continue to increase along the way time, so we will get good result, for its user.
Indonesian, man?  Anyway, I agree with you. Bitcoin is safe to use for almost every investment right now. You can buy physical stuff like yatchs or houses, as well as digital services or goods. Blockchain technology guarantees transactions can be easily stored and scanned online and also that once the money is sent it cannot be reverse. |
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zeze18
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November 12, 2017, 04:33:29 PM |
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for the moment I disagree with you,even though bitcoin is widely used by everyone for an investment but this doesn't mean that bitcoin investment is completely safe, especially in Indonesia bitcoin state is still not officially accepted it is of concern to us bitcoin users to more careful in making investments because so far there is no protection from any party about bitcoin investment security
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arlinxoha
Full Member
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Activity: 402
Merit: 101
Arianee:Smart-link Connecting Owners,Assets,Brands
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November 12, 2017, 04:36:14 PM |
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Yes, I think Bitcoin is safe from any investment. Even Bitcoin seems safe to me. Because I used to spend my study, bitcoin to meet daily needs. But it depends on the will of the person whose mind is. Because there are bad and good sides in bitcoin, depending on how you look at it.
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Oilacris
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November 12, 2017, 05:19:43 PM |
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Yes, I think Bitcoin is safe from any investment. Even Bitcoin seems safe to me. Because I used to spend my study, bitcoin to meet daily needs. But it depends on the will of the person whose mind is. Because there are bad and good sides in bitcoin, depending on how you look at it.
When we do talk about investment we are putting up money on bitcoin and keeping it for longer or earning bitcoin exchange with local fiat money and make some investments.It would really depend on a certain holder on how he gonna handle his money and seeing on your statement here you are just telling on how you do spend your bitcoin which you can considered safe but its not really an investment after all. We should put always on our minds that any investments do always have a risk. |
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hisuka
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November 12, 2017, 05:44:41 PM |
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Yes, I think Bitcoin is safe from any investment. Even Bitcoin seems safe to me. Because I used to spend my study, bitcoin to meet daily needs. But it depends on the will of the person whose mind is. Because there are bad and good sides in bitcoin, depending on how you look at it.
When we do talk about investment we are putting up money on bitcoin and keeping it for longer or earning bitcoin exchange with local fiat money and make some investments.It would really depend on a certain holder on how he gonna handle his money and seeing on your statement here you are just telling on how you do spend your bitcoin which you can considered safe but its not really an investment after all. We should put always on our minds that any investments do always have a risk. Before making some investment it needed some arangements and approval about bitcoin. In bitcoin it is been adopts by many users for some reasons that anyone could earn money. This is to accepts that it is not safe at all during investments good it is requires understanding and taking the risks. |
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fiulpro
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November 12, 2017, 06:02:49 PM |
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Well to be honest ine cannot ignore the possibility that maybe someday everyone just move to some another cryptocurrency.
Like the situation we have right now.. everyone is moving towards bitcoin cash and there are people influencing the fall of bitcoin prices.. due to statements by major investors people are panicking and selling their bitcoins which is causing even more decline in their value.
Considering the non centralized ecosystem of bitcoins they might as well decrease in value and cease to be considered as an investment at aby period of time, but the possibility of that happening is very low..but then again not impossible !
So I think they won't be a stable investment in the future because newer cryptocurrencies keeps on coming out in the market and that might affect the crowd and cause splitting in it thus leading to a decline in prices and loss for whole community.
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Aikidoka
Sr. Member
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Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
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November 12, 2017, 07:45:01 PM |
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Everyone has his own purpose of using bitcoin. From my point of view, I think that investing in bitcoin is safe as long as you know how to deal with it. You should not be using it for illegal purposes. Personally, I use it just to get a decent pocket money which helps me a lot during my financial crisis.
Moreover, as you mentioned above, the government does not care about bitcoin and even if it did, it would ban it or regulate it. So I think it is just a matter of use or misuse.
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aardvark15
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November 12, 2017, 08:37:22 PM |
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Bitcoin is currently a risky investment and probably will be for a while. I think there will be a lot of uncertainty for several years until governments settle on how they want to regulate cryptocurrencies. Although I do think that the risk is getting smaller for Bitcoin as time goes on and it is more accepted and trusted. Altcoins will take longer to be proven and to be lower risk because some of them won’t survive long term.
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BrannigansLaw
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November 12, 2017, 11:33:14 PM |
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Bitcoin is now safe for investment. What we are seeing now the fall in prices is a temporary phenomenon. Yes and fall is difficult to call. Let me remind you that this year, bitcoin has increased its value by over 600%. Is that enough? Name me any other investment that can bring such income.
We are waiting for this correction for a very long time and the entire alt coin market was affected because of this single rally and i am not sure how low the price of bitcoin would go at this moment ,so i would wait for that and there is a chance that i would go beyond $5500 because there has being a massive panic selling happening in the market. |
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Aryanto28
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November 12, 2017, 11:45:48 PM |
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untuk saat ini masih aman saja.untuk jangka panjang belum ada yang tau apa perkembangan bitcoin masih bisa dipercaya oleh semua orang
investing in bitcoin I think is a bit worrisome, because in bitcoin we are the one who fully in control that deal directly with the world crypto no one who will be responsible if all its happening mistakes. if we want to invest at least invest one quarter of our own. indeed investing in bitcoin profitable but do not all of it in invest. |
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mace15
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November 12, 2017, 11:57:58 PM |
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Bitcoin has proven its existence through the years. When we know bitcoin we have different usage of it, it has a lot of opportunity offer to all users. So when we invest it is a matter of taking risks because we are aware of volatile price so it depends on us if we grab the chance to earn. Thus, for me a safe investment as long we know the risks.
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radeone
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November 13, 2017, 12:03:43 AM |
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On a long term scale I think most of the high market cap coins are good investments. It is all about timing and execution.
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honeyb0y
Member
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Activity: 84
Merit: 10
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November 13, 2017, 12:44:45 AM |
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Yes bitcoin is safe for investment especially for a long time investment, once it reached it's phased
wherein it is used as a currency expect for it's price to go high and reach the moon.
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Coins2350
Newbie
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Activity: 11
Merit: 0
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November 13, 2017, 12:53:16 AM |
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Due to that fact that governments dont support BTC make me feel the real dangerous situation. We cant predic how it will act in uture. But I've done my investments!!SO I hope I will also get very rich=))
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