Topic: Bitcoin is a good investment now, because... - page 96. (Read 105529 times)

Both of expectation are right.Yes,Of course Bitcoin is a good investment now for a good return in near future.As we can't predict what will actually price of bitcoin after 5 or 10 years.Last 8 years bitcoin has a strong position and still dominating other alts coin so without going any confusion we can earn a good profit.

Well it can be an very ineresting and profitable asset if you just speculate, but then again if you hold gold it may lose value over time too.
Investing is risky, whatever you are investing in and to me having a few btc for 5 to 10 year is a risk I can live with.

That's right, investing in bitcoin need to understand that this is a long term investment and do not need to sell at the first jump, and wait for a more appropriate figure.

The present bitcoin price is 830$ is this low price? And holding for a long time 10 years is not worth. Who knows what happen after 10 years, if bitcoin disappears means. Just think present situation if you have enough coins to invest. Better invest on reputed sites and make a profit. Yes, the Bitcoin is a good investment, and here you will get good returns. This is a slow process, but you will make a profit.

It was just a mere speculation and everyone is saying that, of course we wish to see a good price in the future but let's put into consideration that there's also a possibility that it might happen. We do not just buy and hold by following what the majority said, as a responsible investor, we must make our own study and that study should result in convincing us before we jump into conclusion.

you should buy the bitcoins now as the price of bitcoins have lower down as because of the crash .you should wait for the bitcoins to go high ,like 10 years .you will end up  having a lot of profit .

The main goal is the use bitcoin as a currency substitute for real money that exists today. but other than that bitcoin can be used as a very profitable investment. even today many people who left his job in the real world for the sake of focus on work in bitcoin.

Good support at $800

Yes many people investing and trusting in bitcoin everyday , every month and every year so the bitcoin price its continue increasing. Last week the price of bitcoin is $1100 and its very good to the bitcoin world . but as of now bitcoin price goes Down to $800++ and its good us because we have a chance to buy more bitcoin and wait the price to increase again at $1000 and then sell it. I think this 2017 bitcoin price will reach $1500. This is not late to invest and to buy bitcoin now don't wait the price up at $1500. Buy more bitcoin guyz and you will be happy in the future.

Anything that has a potential to grow by at least 20% annually is I would say a pretty good investment. That is what bitcoin has accomplished over the past few years, with it becoming the best performing currency of 2016 worldwide, and not even another currency coming close to it. That is why it is a solid investment, but you just have to be patient and not too emotional because the price can really swing up and down.

Bitcoin is a good investment now, because in 2017 many people start using bitcoins, many online shops also accept bitcoin as the payment for buying and selling something online. If you see the bitcoins price, the price can easily increase and decrease. It's good for trading and investment.

because the price is now decrease to 800 USD and it is expected that the price will get increase in next few months therefore i think it is best time to purchase bitcoin and then hold it for some time.

If I take myself as an example, then the currency aspect of Bitcoin in the way that I can purchase stuff locally isn't interesting for me. Especially when you consider that fiat related payment platforms have upped their game immensely. I can buy everything I want instantly and free, where everything I buy gets insured as well. In that regard, the currency aspect for doing local shopping isn't and shouldn't be Bitcoin's selling point. Bitcoin's selling point is that you can use it as a store of value tool, that you 24/7 can transfer money from one place to another instantly, that you can use it to hedge whatever negative economical situation, escaping the banking/governmental system, etc. These are the features that will draw a lot attention to Bitcoin in the coming years.

Bitcoin is a good investment because there are already many adoptions and more and more services and business will use it. More and more people will use it thus making it more and more valuable.

New Spanish Exchange Converts Bitcoin and Fiat Currencies at 7,000 ATMs


HolyTransaction Trade is a new universal cryptocurrency wallet in Spain that enables bitcoin and Euro instant conversions. Within Spain’s 7,000 ATMs, a person can convert their bitcoin into fiat currencies and vice versa, helping to push the country into the digital world.

HolyTransaction has teamed up with HalCash, a global electronic platform that allows users, both banked and unbanked, to send and receive money, nationally and internationally, instantly and securely. This means that any banks linked to the HalCash network can convert bitcoin into Euros and withdraw cash from the banks ATMs.

Speaking to CCN, Francesco Simonetti, CEO of HolyTransaction, said:

We started working with HalCash and a local payment processor to enable the withdrawal of cash for HolyTransaction’s Spanish customers. [We] then decided to help expand HalCash’s network to more countries.

On top of Spain the HalCash network also includes Poland, bringing the total number of ATMs that can convert bitcoin and Euros up to more than 10,000.

With the use of Teleingreso, a fast and secure payment processor, an individual can purchase bitcoin through its network of over 3,000 ATMs, 2,000 post offices, and 300 retail stores.

By selecting Teleingreso as the preferred online payment method, a person will receive a unique nine-digit code, which enables a payment to be made after visiting any of the networked ATMs to make a payment.

Bitcoin on the Rise After 2008

Since the 2008 financial crisis, which saw many European economies including Spain’s fall into decline, many people started seeking alternative measures that didn’t require traditional banking methods.

Simonetti states that the rise of bitcoin in Spain has increased since then with bitcoin continuing to advance in the Spanish nation.

Since a lot of people lost their houses during the financial crisis, more people started to look into bitcoin in order to live without using a bank.

In October last year, a report from Europa Press found that AMETIC, an information technology foundation in Spain, had announced that there was a need for the Spanish government to form a Ministry of Economy and Digital Society. It was reported that this was to help define the digital strategy for Spain.

Simonetti believes, however, that it is down to the regulated environment and the readiness of local banks to help with bitcoin services that is helping to drive the digital currency in the country.

What Next?

To use HolyTransaction a person doesn’t require a wallet on the platform and doesn’t require registering either. However, if they already have a wallet from a different wallet provider this can be used on HolyTransaction.

Customers of the exchange also have the opportunity of creating a prepaid virtual Visa card with bitcoin that enables them to buy anything they want online with most e-commerce shops accepting Visa payments.

According to Simonetti the recently launched platform has attracted thousands of customers from around the world, but he points out that they have plans to grow the company.

You have to consider the fact that bitcoins may end up only being a way for sending money far away or storing it. In that case it won't be adopted by the masses because not everyone needs to store wealth of send money overseas.

bitcoin will be a good investment if you want to be patient in waiting for prices to rise. because bitcoin prices going up and down very quickly. if you can not wait necessarily that you get only loss

Maybe 99.9% of people in the word doesn't know what is bitcoin, altcoins or cryptocurrencies. Many big companies, investors or even the countries are unaware. In the future, the consciousness about bitcoin will increase inevitably. Which means the demand for the bitcoin will increase. And as you know when the demand increases the price will also increase. Which make bitcoin a good investment now.

For someone who can take a chance from the fluctuations of bitcoin to get some profit, I think bitcoin is very good investment. As most trader do, they active buy and sell bitcoin into dollars/fiat and get profit if bitcoin which have bought by them increase few percent. There is many similar ways to invest bitcoin, just find from this forum.

Well, many of which take advantage of this moment to buy a lot of bitcoin. see, when the bitcoin prices fell below $ 800, I'm sure, a lot of people who have bought bitcoin, because they believe the price of bitcoin will rise again.
and today has been proven, that the price of bitcoin back has a price above $ 800, and I am sure, soon the price of bitcoin will reach over $ 900. This looks to be an excellent investment.