It's best to invest money in bitcoin now because it's rtae is quite low now and in future it's rate will shore very high and at that time we might make hefty profit by selling our bitcoin.
I agree with you friend, bitcoin is really appropriate for transaction of buying and selling in the future, although people loves virtual activity but the adoption of bitcoin is still small. If we have many bitcoin now we could be rich in the future. 
Topic: Bitcoin is a good investment now, because... - page 97. (Read 105549 times)
BITCOIN GOES TO WASHINGTON – TRUMP MAY HIRE MORE DIGITAL CURRENCY LEADERS
President-elect Donald John Trump seems to have a lengthy to-do list when it comes to “making America Great Again.” This apparently includes meeting with, and potentially hiring many Bitcoin advocates and executives to join him in his administration.
Yesterday, Trump met with two more people aligned with Bitcoin and its supporters for potential positions in Washington.
This movement started with Peter Thiel, PayPal co-founder (with Tesla’s Elon Musk), and initial financier of Facebook, who has been a part of Trump’s political Transition Team since the election last year.
Thiel has been on the record saying that Bitcoin was what PayPal was supposed to be, as it pertains to being a future online medium of exchange itself, not necessarily envisioned as the online fiat currency clearing house that it has become. Theil has invested millions in Bitcoin businesses over the years.
Thiel is closely linked to the two men Trump met with yesterday, who are both being interviewed for potential roles in the Food and Drug Administration, and both have been critical of the FDA’s leadership recently.
Jim O’Neill was once a former Health and Human Services official under President George W. Bush, and he currently works at Mithril Capital Management, where Thiel is also a co-founder. His recent commentary about the FDA has raised eyebrows in Washington, and this seems to have attracted the interest of Trump.
“We should reform FDA so that it’s approving drugs after their sponsors have demonstrated safety and let people start using them at their own risk, but not much risk of safety,” O’Neill said back in 2014. “But let’s prove efficacy after they’ve been legalized.”
BITCOIN STARTUP CEO UNDER CONSIDERATION
The other gentlemen under consideration is Balaji Srinivasan, who is an executive at venture capital firm Andreessen Horowitz, and founder of 21.co. The startup made headlines last March when it set a record for venture capital funding for a Bitcoin start-up, generating $116 million USD in capital.
The company creates Bitcoin mining computers, among other components. He has tweeted about his displeasure of the FDA in the past.
OTHER BITCOIN-FRIENDLY, FRIENDS OF TRUMP
Next week could be the finalization of these roles under consideration. Trump has already tapped known Bitcoin advocate Congressman Mick Mulvaney (R-S.C.) to run the Office of Management and Budget. Mulvaney has been a fixture on any discussion on Capitol Hill dealing with blockchain, digital currencies, and fintech. He has been seen teaching other politicians about the benefits of these new technologies to the future of American economics.
President-elect Donald John Trump seems to have a lengthy to-do list when it comes to “making America Great Again.” This apparently includes meeting with, and potentially hiring many Bitcoin advocates and executives to join him in his administration.
Yesterday, Trump met with two more people aligned with Bitcoin and its supporters for potential positions in Washington.
This movement started with Peter Thiel, PayPal co-founder (with Tesla’s Elon Musk), and initial financier of Facebook, who has been a part of Trump’s political Transition Team since the election last year.
Thiel has been on the record saying that Bitcoin was what PayPal was supposed to be, as it pertains to being a future online medium of exchange itself, not necessarily envisioned as the online fiat currency clearing house that it has become. Theil has invested millions in Bitcoin businesses over the years.
Thiel is closely linked to the two men Trump met with yesterday, who are both being interviewed for potential roles in the Food and Drug Administration, and both have been critical of the FDA’s leadership recently.
Jim O’Neill was once a former Health and Human Services official under President George W. Bush, and he currently works at Mithril Capital Management, where Thiel is also a co-founder. His recent commentary about the FDA has raised eyebrows in Washington, and this seems to have attracted the interest of Trump.
“We should reform FDA so that it’s approving drugs after their sponsors have demonstrated safety and let people start using them at their own risk, but not much risk of safety,” O’Neill said back in 2014. “But let’s prove efficacy after they’ve been legalized.”
BITCOIN STARTUP CEO UNDER CONSIDERATION
The other gentlemen under consideration is Balaji Srinivasan, who is an executive at venture capital firm Andreessen Horowitz, and founder of 21.co. The startup made headlines last March when it set a record for venture capital funding for a Bitcoin start-up, generating $116 million USD in capital.
The company creates Bitcoin mining computers, among other components. He has tweeted about his displeasure of the FDA in the past.
OTHER BITCOIN-FRIENDLY, FRIENDS OF TRUMP
Next week could be the finalization of these roles under consideration. Trump has already tapped known Bitcoin advocate Congressman Mick Mulvaney (R-S.C.) to run the Office of Management and Budget. Mulvaney has been a fixture on any discussion on Capitol Hill dealing with blockchain, digital currencies, and fintech. He has been seen teaching other politicians about the benefits of these new technologies to the future of American economics.
I also think so.
The fact that the price dropped so much in just few minutes hurt the trust in bitcoin as a currency.
Most of the people who invested in bitcoin or used it as a currency, lost a lot of value and will probably won't come back to bitcoin.
The fact that the price dropped so much in just few minutes hurt the trust in bitcoin as a currency.
Most of the people who invested in bitcoin or used it as a currency, lost a lot of value and will probably won't come back to bitcoin.
Someone should surely not do that. If they invested and the price dropped then they should wait for the price to grow again. They should have known the risk involved with investing in bitcoin because we all know that something goes up has to come down too, so they should be quite patient i guess.
It's best to invest money in bitcoin now because it's rtae is quite low now and in future it's rate will shore very high and at that time we might make hefty profit by selling our bitcoin.
I think the price has dropped to a point where it will be difficult to find a better opportunity. The price may drop a little more, but it probably will not reach the seventy-fifty dollar range again. This may be a good opportunity to invest, in my opinion, because besides the fact that the price has dropped a lot, there are many events that may occur this year that can bring much attention to Bitcoin.
Probably many apps will be ready this year... Megaupload 2.0, for example, has already been able to raise millions of dollars in fundraising.
Probably many apps will be ready this year... Megaupload 2.0, for example, has already been able to raise millions of dollars in fundraising.
Bitcoin is good investment any time, not just now, especialy if you count on the long term profit. Besides the opportunity to profit it also gives the alternative to banks and traditional finances. If you book to some financial analyses and predictions you could see that this is one of the most promissing investments.
you're right, maybe every time it's very good if you invest with bitcoin, while you have the money. however, if you're looking for a reason, it's probably because the price of bitcoin is not currently up, so it is very good to invest now. You might be lucky if bitcoin prices rose at a price $ 1,500 
I decided to accept and add bitcoin as a mode of payment in my freelancing. Its very rewarding as its rate might go high in the Long run 
Good job, and yes the prices are bound to rise. So any new trader of bitcoin is always a profit maker.
We need more payment modes in bitcoin. Once they become popular more people will flock into bitcoin market and the prices will gradually rise.
overall its a good investment because its fluctuations in price help traders make loads of money from the market as well as it is more convenient than fiat in transactions.
I decided to accept and add bitcoin as a mode of payment in my freelancing. Its very rewarding as its rate might go high in the Long run
Btc is stabilizing, hopefully lower a bit sota 700$ to be able to buy a little more
Bitcoin is good investment any time, not just now, especialy if you count on the long term profit. Besides the opportunity to profit it also gives the alternative to banks and traditional finances. If you book to some financial analyses and predictions you could see that this is one of the most promissing investments.
can not be fooled that bitcoin promise of huge profit. bitcoin users are also more and more so that people are optimistic that prices will continue to rise. Reason I bought bitcoin is for investment, in addition bitcoin I also investing in altcoin.
Bitcoin isn't promising huge profit, simply people believe it because of it's nature. If you see it's price is rising up and down very quickly, sometimes in hours. Look statistics and see how it become 1000$ this winter very quickly. The reason why people believes huge profit from bitcoin is halving and not so good profitable mining. More and more people is using bitcoin, mining is becoming difficult so this causes price rise up and profit.
can not be fooled that bitcoin promise of huge profit. bitcoin users are also more and more so that people are optimistic that prices will continue to rise. Reason I bought bitcoin is for investment, in addition bitcoin I also investing in altcoin.
Every bank should just purchase Bitcoin so everything is backed up by Bitcoin instead of nothing or precious metals. This will allow banks to work well with Bitcoin, they can fire a ton of employees, then we will just use Bitcoin and fire the banks.
Beijing News: Vulnerable Monetary System Led to Bitcoin’s Growth
Beijing News, a prominent Chinese mainstream media outlet, stated in a recent coverage of bitcoin that the rapid growth of the digital currency is directly attributable to vulnerable monetary systems which serve the global financial ecosystem as its backbone.
Over the past two weeks, bitcoin reached an all-time high price at 8,895 yuan in the Chinese market, surpassing the previous record set in late 2013. However, a sensible statement from the Chinese government and its central bank the People’s Bank of China was misunderstood by the media, leading to a 21% decline in the price of bitcoin.
As predicted, bitcoin quickly recovered and gained momentum, rising back to the $900 trading margin for both the Chinese and global bitcoin market.
Regardless of the controversial announcement and media coverage this past week, bitcoin still recorded a 14.1% monthly increase in value, increasing from $773 in early December to $900.
Bitcoin’s Resilience & Ability to Recover
Several mainstream media outlets including Beijing News stated that bitcoin’s resilience and ability to recover ultimately stems from its consumer base, that are currently holding bitcoin to speculate the market. The Beijing News claimed that nearly 90% of bitcoin users are still speculators and a small niche market exists wherein users actually utilize bitcoin as a currency and a store of value.
Thus, amid economic uncertainty and financial instability, analysts at Beijing News explain that the 90% of speculators move to bitcoin in an attempt to protect their assets. In other words, the vast majority of bitcoin users are relying on the digital currency to avoid vulnerable monetary and financial systems.
In the end, it comes down to the decline in trust and confidence from the general population towards traditional banking systems and financial services. Consumers have begun to lose credence in current monetary systems revolving around cash. Banks have lost reliability after various cases of corruption and unlawful activities were unraveled over the past few decades.
Yang Guoying, analyst at Beijing News and researcher at China Financial Think Tank, wrote:
“The vulnerability of the current monetary system is an important reason for the prevalence of Bitcoin.:
Guoying further emphasized that bitcoin reflects attributes of an efficient and practical currency, if it succeeds to solve various problems involving scalability and privacy. Because the number of users seeking out for bitcoin as a store of value and currency is rapidly increasing, Guoying noted that it will be interesting to see how bitcoin operates side by side with existing monetary systems and regulatory frameworks.
Beijing News, a prominent Chinese mainstream media outlet, stated in a recent coverage of bitcoin that the rapid growth of the digital currency is directly attributable to vulnerable monetary systems which serve the global financial ecosystem as its backbone.
Over the past two weeks, bitcoin reached an all-time high price at 8,895 yuan in the Chinese market, surpassing the previous record set in late 2013. However, a sensible statement from the Chinese government and its central bank the People’s Bank of China was misunderstood by the media, leading to a 21% decline in the price of bitcoin.
As predicted, bitcoin quickly recovered and gained momentum, rising back to the $900 trading margin for both the Chinese and global bitcoin market.
Regardless of the controversial announcement and media coverage this past week, bitcoin still recorded a 14.1% monthly increase in value, increasing from $773 in early December to $900.
Bitcoin’s Resilience & Ability to Recover
Several mainstream media outlets including Beijing News stated that bitcoin’s resilience and ability to recover ultimately stems from its consumer base, that are currently holding bitcoin to speculate the market. The Beijing News claimed that nearly 90% of bitcoin users are still speculators and a small niche market exists wherein users actually utilize bitcoin as a currency and a store of value.
Thus, amid economic uncertainty and financial instability, analysts at Beijing News explain that the 90% of speculators move to bitcoin in an attempt to protect their assets. In other words, the vast majority of bitcoin users are relying on the digital currency to avoid vulnerable monetary and financial systems.
In the end, it comes down to the decline in trust and confidence from the general population towards traditional banking systems and financial services. Consumers have begun to lose credence in current monetary systems revolving around cash. Banks have lost reliability after various cases of corruption and unlawful activities were unraveled over the past few decades.
Yang Guoying, analyst at Beijing News and researcher at China Financial Think Tank, wrote:
“The vulnerability of the current monetary system is an important reason for the prevalence of Bitcoin.:
Guoying further emphasized that bitcoin reflects attributes of an efficient and practical currency, if it succeeds to solve various problems involving scalability and privacy. Because the number of users seeking out for bitcoin as a store of value and currency is rapidly increasing, Guoying noted that it will be interesting to see how bitcoin operates side by side with existing monetary systems and regulatory frameworks.
Even if bitcoin returns to 850 dollars again, looks like it wont go lower then those, and allong this year we will see bitcoin growing again, i do believe we will achieve 1000 dollars before June and stand stable on those ammount, but be sure each one must choose the best moment they believe to join bitcoin, since the price can jump as be dumped fast.
Where many people can panic by the recent price drop, there are also people happy for this as they have got another chance to invest with a lower amount as the price has dropped back to 900$ from over $1k before a few days, so basically it is an opportunity for the investors who believe bitcoin can grow again in coming months.
I think the investors are confused and shocked to see the sudden price drop in Bitcoin. Yup, all are having a lot of hopes that the price may cross 1000$. I think this time the price may stable at 850 - 900$. This is also huge money. Yes, this is the best time to invest let's invest and wait for some time it will give you good returns.
That stable price of bitcoin now is truly a good amount and big for all of us. And that's why buying bitcoins now is going to be a good act, as after the price increase, dumped already happen. But many are still believing that bitcoin is going to keep on rising and rising again so probably for the next months we'll get profit again for it is going to increase again.
yeah bitcoin really very good investment for now because bitcoin price is very stable and good to buy and there is a huge number of people are going to increase its price too much faster in the near future and i hope we will be get a good profit from bitcoin .
Yes in Bitcoin have many features which have really admirable and appreciable.
Awareness about Bitcoin is increasing rapidly globally so as a result Price and Demand of Bitcoin is increasing exponentially. In coming years price of Bitcoin will skyrocket.
Still people are curious about Bitcoin in developing country as well as developed countries. Interest and curiousity increasing value of Bitcoins.
Bitcoin already proved that it can skyrocket. So if you are going to invest with bitcoin today for sure you are not going to regret as there is no person that admitted to regret after investing in bitcoin. And besides there are a lot of ways to invest in bitcoin and the most popular and easiest one is just let your bitcoins stay at your wallet.
Even if bitcoin returns to 850 dollars again, looks like it wont go lower then those, and allong this year we will see bitcoin growing again, i do believe we will achieve 1000 dollars before June and stand stable on those ammount, but be sure each one must choose the best moment they believe to join bitcoin, since the price can jump as be dumped fast.
You should see the bigger picture
In this case it comes down to seeing that the price is still well above its early December values, and today's levels can only be a short stop before going lower. The market is clearly manipulated, but it pretty much means that most people are tied to lose eventually. In this way, if you want to win in this environment, you should look at what most wannabe traders are thinking and doing. If they are considering this as a true bottom and buying up coins expecting the price to rebound massively, be warned we may haven't yet been done with the dump phase
yeah bitcoin really very good investment for now because bitcoin price is very stable and good to buy and there is a huge number of people are going to increase its price too much faster in the near future and i hope we will be get a good profit from bitcoin .
Yes in Bitcoin have many features which have really admirable and appreciable.
Awareness about Bitcoin is increasing rapidly globally so as a result Price and Demand of Bitcoin is increasing exponentially. In coming years price of Bitcoin will skyrocket.
Still people are curious about Bitcoin in developing country as well as developed countries. Interest and curiousity increasing value of Bitcoins.
Even if bitcoin returns to 850 dollars again, looks like it wont go lower then those, and allong this year we will see bitcoin growing again, i do believe we will achieve 1000 dollars before June and stand stable on those ammount, but be sure each one must choose the best moment they believe to join bitcoin, since the price can jump as be dumped fast.
Where many people can panic by the recent price drop, there are also people happy for this as they have got another chance to invest with a lower amount as the price has dropped back to 900$ from over $1k before a few days, so basically it is an opportunity for the investors who believe bitcoin can grow again in coming months.
I think the investors are confused and shocked to see the sudden price drop in Bitcoin. Yup, all are having a lot of hopes that the price may cross 1000$. I think this time the price may stable at 850 - 900$. This is also huge money. Yes, this is the best time to invest let's invest and wait for some time it will give you good returns.
The fact that the price dropped so much in just few minutes hurt the trust in bitcoin as a currency.
Most of the people who invested in bitcoin or used it as a currency, lost a lot of value and will probably won't come back to bitcoin.
Even if bitcoin returns to 850 dollars again, looks like it wont go lower then those, and allong this year we will see bitcoin growing again, i do believe we will achieve 1000 dollars before June and stand stable on those ammount, but be sure each one must choose the best moment they believe to join bitcoin, since the price can jump as be dumped fast.
Where many people can panic by the recent price drop, there are also people happy for this as they have got another chance to invest with a lower amount as the price has dropped back to 900$ from over $1k before a few days, so basically it is an opportunity for the investors who believe bitcoin can grow again in coming months.
I think the investors are confused and shocked to see the sudden price drop in Bitcoin. Yup, all are having a lot of hopes that the price may cross 1000$. I think this time the price may stable at 850 - 900$. This is also huge money. Yes, this is the best time to invest let's invest and wait for some time it will give you good returns.
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