Topic: Best investments? (Read 1642 times)

I never said btc will be flat out banned, but with the total value of btc exceeding a billion dollars congress is just drooling over all the ways they can tax it, but they are far too stupid to write any legislation that would cover all cryptocurrencies.  Think about it, if they wanted (x) bill to apply to all non-government currencies wouldn't it also apply to gift cards, and every other form of credit/currency not directly monetized by the government.  Corporate America will never let that happen, so they'll have to come straight for bitcoin.  The internet has shaken up so many facets of life the government and corporate world once controlled (music, movies, buying and selling) partially because it evolves so quickly.  Think about the moronic companies and governments trying so hard and throwing so much money at shutting down The Pirate Bay.  Not only has The Pirate Bay been compacted into a form where everyone on earth with a flash drive can mirror it, its only one of thousands, if not tens of thousands of torrent websites.  Even if they did manage to shut down The Pirate Bay by the time they did we'd all be on to the next torrent website, and the whole fight starts all over again.  My guess is the same things going to happen to bitcoin.  They'll get their greedy little fingers into it after a legal battle that takes them years to win and innumerable legal fees and by the time they get into a position they can tax and regulate it we'll all be talking about how litecoin, feathercoin, worldcoin or who they hell knows what is the next big thing.

Right, just like stocks on October 28th 1929.  They always go up in value!!  The sky is the limit, and a decline in price is just not possible!

Just because people can't find a reason for btc to decline in value doesn't mean it wont.  Crashes don't happen because everyone saw it coming and failed to move, they happen because of a fundamental error only a few people were capable of noticing, and if you ask me bitcoin is a minefield.

You can preorder it yourselves today, the question is how much 2 TH miner will mine BTC/day when you finally receive it... and how long 

What about group buying a 2 TH miner?

I dont agree. If BTC will be banned, no need to migrate because any succesfull cryptocurrency will be banned later as well.

Thank you - I fully agree.
50% of livesavings is to much - I agree.
But 10% seems OK for ppl with 100%=$10K to $1mil
Every1 can lost 10% if has high chance to get awesomely rich
And ... most important ... is that let's say @ 1BTC=$300-700 they can sell 20-50% of BTC and they already made some money.
So they have 110-150% of life savings ++ 10-1000 BTC ... and they can sell every +100% value 10% of their bitcoins.
So they help make it stable value and earn some profit.
So their risk is only for a time while BTC is less than 200-700 which is few years.
There is 10% risk for "only" 1-5 years of 10% LS  comparing to possibility get millions or bilions (if they put in 10% of $10mil).
Or another words if you have 5% chance to get 10.000x investment in 10 years ++ 20% chance to get 100x investment in 20 years - why to "play that casino" with some money u can lose.
And millions of ppl just in US can survive to lost $10-500K ++ "every1" (20% of population) few bucks.
Other poor people (feel sry for them - 1/3 of planet are "always hungry") will benefit not from rising value of bitcoin - but @ least from fair-ness of bitcoin monetary system.

1+ 

UR "no post" user as i am. But one of best i red ever on this forum since April - and I am reading few hours daily.
I totally agree with you on "average joe".
Lets' say it is 40% chance to 1BTC=$10K in 15 years + 40% chance to 1BTC=$100K in 5 years + 20% chance to 1BTC=$0.00 in 1 year - i think it is "retarded" to not invest 10-50% of life savings into it.

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If bitcoin is worth 10k in 15 years then it won't take your life savings to get rich.  I think that 40% chance is a bit optimistic since btc, and mtgox have already proven they are more then capable of a flashcrash.  In addition, governments around the world already have their greedy little eyeballs fixed on bitcoin, which is a problem because a large factor of bitcoins appeal so far has been its lack of regulation and un-traced p2p transfers.  My guess is if the government does ever start diddling around with btc its gonna result in a mass migration to a different cryptocurrency which will result in a massive decline in the value of btc. 

So if 1btc manages to be worth 10 or 100 k in (x) years you'll only need a few btc to make a massive profit.  If its worth <1 USD in (x) years your screwed if you put your life savings in.  So why put all your eggs in one basket when by your own estimation there is a massive benefit to modest investment and a huge risk involved in full investment.   

Holding BTC is a great investment, long term.

There will be many ways to earn interest on your held bitcoins in the future.  There are ways now even.  Thus bitcoin presents the best "alpha", or risk/reward ratio.

In about 3 years mate. Good luck 

Since January 2013, every month on average bitcoin's value (in $USD) has gone up 32%. If you look at the charts, one of the following two events is likely to happen: either Bitcoin reaches $285 USD mid-December 2013, or $650 USD mid-May 2014.

This time next year, well, I wouldn't be surprised to see it at $1000. But nor would I be surprised to see it only at $200.

Have a good one,

Odi

invest on just dice !

How much do you guys think 1 bitcoin will be worth this time next year?

How do you figure that?

When you wait long enought, Bitcoin will have 0 value though...

Buy bitcoins.
Wait.
Sell them at a higher price.

Profit

Short term - Gamble it all away or in...

Long Term - Buy a few bitcoins (10+ or 100+ if you can) and WAIT 

bee & neo , might be a good one  ,  but who knows , i've invested in 1000shares 

I wonder is there any real hyip website who's actually paying out to the investors. Most of them are scams though.

What?!? Ripple will be open source now???