Vinaa77
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October 02, 2022, 09:22:38 PM Last edit: October 04, 2022, 01:35:02 AM by Vinaa77 Merited by fillippone (2) |
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Will that list become...
Do you mean that the number of exchanges will continue to grow, so that we can buy Bitcoin on any exchange we want? Actually we don't need too many exchanges to invest in crypto. What we have prepared is a list of local exchanges where we make deposits and withdrawals, then international exchanges where we trade. But why also the number of exchanges continues to grow? Because the number of crypto developed also continues to grow. In general, everyone likes Bitcoin, but not everyone invests in Bitcoin. So the coins that are liked by someone are only available on certain exchanges.
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bitterguy28
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October 03, 2022, 01:50:32 AM |
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as long a the price won't stay at 10 million dollars, I think bitcoin can be purchase still easily , like in p2p service or via exchange. there might be banning to come or even more but as long as we can purchase with those services , I think we can still buy and have bitcoin available for us. Title.
Hi all.
Just wanted everyone's thoughts on how easy it is to get bitcoin now, and what getting bitcoin might be like in the future? For example, I can simply go on cashapp and buy btc, send to a wallet I own the keys to. I can also use localbitcoins, paxful, I mean the list is kinda endless. Will that list become...not so endless in the future as the value gets higher?
In future the purchase of Bitcoin will be more easier than as if now and yeah you are right its simply will be like load money in an app and buy Bitcoin with whatever the market price along with the commission. But now we have more ways to buy Bitcoin anonymously and I am not sure there will be many ways in the future as well to buy Bitcoin. actually depend in implementation of those countries that has banning , because if the technology in the future will allow them to detect and stop any transactions then it will be the way as hard to find bitcoin purchasing in their region though lucky for those who has no restrictions .
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bestcoins1
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October 03, 2022, 10:08:58 AM |
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Do you mean that the number of exchanges will continue to grow, so that we can buy Bitcoin on any exchange we want? Actually we don't need too many exchanges to invest in crypto. What we have prepared is a list of local exchanges where we make deposits and withdrawals, then international exchanges where we trade.
Actually, it doesn't matter how many exchanges you need if you just want to buy Bitcoin. But only trusted exchanges are needed by everyone to buy whatever everyone wants and that includes Bitcoin, because why are there so many exchanges but the trusted ones are only one or two exchanges that are convincing to use, be it local exchanges or exchanges international. But why also the number of exchanges continues to grow? Because the number of crypto developed also continues to grow. In general, everyone likes Bitcoin, but not everyone invests in Bitcoin. So the coins that are liked by someone are only available on certain exchanges.
And it's true that not everyone invests in Bitcoin because it's caused by two things, first as you said where someone only likes certain coins on certain exchanges other than Bitcoin. The second is because the abilities possessed by each person are different so that each person tends to choose investments in different coins based on the abilities they have at any given time.
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Pujangga
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October 03, 2022, 10:28:59 AM |
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I think in the future to buy bitcoin is not difficult but more expensive, this is because the number of communities is getting higher so it makes bitcoin more scarce, when there is more demand and limited stock it automatically makes the price skyrocket.
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uneng
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October 03, 2022, 11:38:18 PM |
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Nothing will change, except by regulations which might make the whole process more difficult, but it has nothing to do with bitcoin being more or less expensive, anyway. You can access a plethora of exchanges and acquire small amount of btc like 1$, depending the platform. Of course you are going to get only few satoshis with that purchase, once bitcoin skyrockets to superior price levels, but that will still be possible, because exchanges don't want to lose their customers and especially potential adopters who start buying bitcoin in small chunks as experiment.
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RealMalatesta
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October 04, 2022, 06:51:31 AM |
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Just wanted everyone's thoughts on how easy it is to get bitcoin now, and what getting bitcoin might be like in the future? For example, I can simply go on cashapp and buy btc, send to a wallet I own the keys to. I can also use localbitcoins, paxful, I mean the list is kinda endless. Will that list become...not so endless in the future as the value gets higher?
In future the purchase of Bitcoin will be more easier than as if now and yeah you are right its simply will be like load money in an app and buy Bitcoin with whatever the market price along with the commission. But now we have more ways to buy Bitcoin anonymously and I am not sure there will be many ways in the future as well to buy Bitcoin. actually depend in implementation of those countries that has banning , because if the technology in the future will allow them to detect and stop any transactions then it will be the way as hard to find bitcoin purchasing in their region though lucky for those who has no restrictions . Detect? How would you be able to not detect it right now anyway? If you are using a centralized exchange to turn your crypto into fiat, or fiat into crypto that means you are giving your KYC to that exchange and that means the government would always be able to know how much crypto you have. This is of course not a thing that would matter if you are purely in crypto and never deal with fiat but that has always been like that. So, there is really no need to figure out how to do it, hire a bunch of people to SEC that will take a closer look at crypto transactions and the tech is already there, blockchain is the ledger for and KYC on exchanges is the key to it.
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Mpamaegbu
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October 04, 2022, 01:37:24 PM |
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Just wanted everyone's thoughts on how easy it is to get bitcoin now, and what getting bitcoin might be like in the future? For example, I can simply go on cashapp and buy btc, send to a wallet I own the keys to. I can also use localbitcoins, paxful, I mean the list is kinda endless. Will that list become...not so endless in the future as the value gets higher?
The list will be more endless in the future and much easier buying Bitcoin. The only issue will be that Bitcoin is likely to be more expensive then than now. As things improve and development envelops time, it becomes very easy transacting in cryptos. Imagine how difficult it was buying Bitcoin a decade ago when it debuted even at giveaway prices. Exchanges were very few then and people couldn't even know which of the exchanges to trust transacting with for fear of being scammed. Today, we've lots of exchanges and P2P outlets and groups to buy from. More will open up in future too.
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GeorgeJohn
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October 04, 2022, 10:00:31 PM |
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Yeah, I say take advantage of the current situation to purchase bitcoin and while the price is still very cheap and there are a lot of apps that will make it simplify to buy.
You are right, because it's some years back when i noticed that Bitcoin when i can recall how some people were buying Bitcoin and that period it was very difficult for someone to buy Bitcoin easily, but in this current season Bitcoin is now be purchase with different exchanges with charge value, so i want to use this media to recapitulate that bitcoin is not as difficult before to buy Bitcoin because of the awareness of cryptocurrency.
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Yuhee
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October 12, 2022, 09:33:03 AM |
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Yeah, I say take advantage of the current situation to purchase bitcoin and while the price is still very cheap and there are a lot of apps that will make it simplify to buy.
You are right, because it's some years back when i noticed that Bitcoin when i can recall how some people were buying Bitcoin and that period it was very difficult for someone to buy Bitcoin easily, but in this current season Bitcoin is now be purchase with different exchanges with charge value, so i want to use this media to recapitulate that bitcoin is not as difficult before to buy Bitcoin because of the awareness of cryptocurrency. There is a difference between the reason being the price, and the reason being exchange. I have been long enough that in my nation we didn't had any exchanges where you could turn fiat into crypto, so you would literally buy from people p2p, and those people would use places with credit card, and would make a profit and pay it back, so we paid premium over what the real price was. Unfortunately, I didn't buy enough, and whatever I bought, I sold later, I believed it was a rip off, and it was bad, because we would pay 20% or so premium on top of the price, but if I bought back then, I would own so much money now, that's really sad. So that part definitely improved.
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bitterguy28
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October 12, 2022, 10:27:02 AM |
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Just wanted everyone's thoughts on how easy it is to get bitcoin now, and what getting bitcoin might be like in the future? For example, I can simply go on cashapp and buy btc, send to a wallet I own the keys to. I can also use localbitcoins, paxful, I mean the list is kinda endless. Will that list become...not so endless in the future as the value gets higher?
In future the purchase of Bitcoin will be more easier than as if now and yeah you are right its simply will be like load money in an app and buy Bitcoin with whatever the market price along with the commission. But now we have more ways to buy Bitcoin anonymously and I am not sure there will be many ways in the future as well to buy Bitcoin. actually depend in implementation of those countries that has banning , because if the technology in the future will allow them to detect and stop any transactions then it will be the way as hard to find bitcoin purchasing in their region though lucky for those who has no restrictions . Detect? How would you be able to not detect it right now anyway? If you are using a centralized exchange to turn your crypto into fiat, or fiat into crypto that means you are giving your KYC to that exchange and that means the government would always be able to know how much crypto you have. This is of course not a thing that would matter if you are purely in crypto and never deal with fiat but that has always been like that. So, there is really no need to figure out how to do it, hire a bunch of people to SEC that will take a closer look at crypto transactions and the tech is already there, blockchain is the ledger for and KYC on exchanges is the key to it. well this is if you are using centralized exchange that requires KYC but if decentralized then still government or in any form cannot just detect you nor lock/take your funds . but indeed that eventually or at least now that there are ways to detect by the government .
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istiak2277
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October 12, 2022, 11:50:01 AM |
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If you really concern about the BTC value against fiat currency, then you should invest as soon as possible. We see a product price is increasing can be a indication that your fiat value is dropping. Inflation causes this problem for us, but we have little choice but to accept it for now.
The demands of BTC are going up so that means its values increasing even if we keep aside the fiat value of BTC.
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lienfaye
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October 13, 2022, 02:00:07 AM |
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Well, it's harder to buy Bitcoin before, when it's just starting compared to the current situation wherein there are many options available for you to buy.
In the future, I think that depends on the country where you from, if they prohibit the use of Bitcoin (or crypto in general) or adopt and recognize it due to its popularity as a digital currency. It's best to focus now and think of what you can do while the price is not so expensive. It's a good time to buy and fill our bags hence buy now if you're planning to hold Bitcoin and dont wait to buy when it happens to be harder for you.
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Davian144
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October 13, 2022, 03:25:19 AM |
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If you really concern about the BTC value against fiat currency, then you should invest as soon as possible. We see a product price is increasing can be a indication that your fiat value is dropping. Inflation causes this problem for us, but we have little choice but to accept it for now.
There aren't many choices, only Bitcoin in the crypto space, but in everyone's life, I think you and everyone else can invest in items that often have a high value when resold in the future. Because that option will also help everyone more when they want to save more fiat for their future life. The demands of BTC are going up so that means its values increasing even if we keep aside the fiat value of BTC.
The increasing demand for BTC in the market or in all exchanges, it will be very clear the effect for the price of BTC which will slowly soar again in the market, just for now I have not seen how much demand and supply occurs for BTC in the market, even though the volume and the marketcap is at CMC.
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