@BitcoinHodler
90% of trading transactions take place on an exchanges like Bitfinex(middleman?) ect. the price of bitcoin is like with all other assets etc.. it is purely driven by supply and demand yes ,..
but what makes you pull the trigger ? to either sell or buy?
i will bet my ass that you expect to price either do a,b or c before and after you pull the trigger , am i right ?
@AT101ET
what a majority of masses are attracted at this stage to get into bitcoin are the potential profits one could make and nothing more
most people (masses) dont care about the 'technology' behind bitcoin but how much profit they coud make at this stage
and that will only change if ever , if bitcoin is actually so far accepted till one gets paid in bitcoin , pay rent and buy groceries with bitcoin.. and we are far far away from that.. true
till then a mass adoption is only driven by dollar signs in ones eyes...
and thats why i wrote the most conservative ROI with a slight edge to the upside is buy and hold physical bitcoins and wait till the wild west dust is settled ....
cheers
90% of trading transactions take place on an exchanges like Bitfinex(middleman?) ect. the price of bitcoin is like with all other assets etc.. it is purely driven by supply and demand yes ,..
but what makes you pull the trigger ? to either sell or buy?
i will bet my ass that you expect to price either do a,b or c before and after you pull the trigger , am i right ?
@AT101ET
what a majority of masses are attracted at this stage to get into bitcoin are the potential profits one could make and nothing more
most people (masses) dont care about the 'technology' behind bitcoin but how much profit they coud make at this stage
and that will only change if ever , if bitcoin is actually so far accepted till one gets paid in bitcoin , pay rent and buy groceries with bitcoin.. and we are far far away from that.. true
till then a mass adoption is only driven by dollar signs in ones eyes...
and thats why i wrote the most conservative ROI with a slight edge to the upside is buy and hold physical bitcoins and wait till the wild west dust is settled ....
cheers
Well if that's your main point then I'd say you're still incorrect. If people are only buying into BTC for a quick turn of profit then buying physical coins is not advisable.
The price of Casascius coins is determined by the supply/demand at the time of sale.
Additionally, selling a Casascius coin would be more difficult than selling BTC itself. You could easily sell BTC online with the click of a few buttons but selling a collectible often takes time.
So for those who are only into BTC from a financial/investment perspective, it'd be better to just buy BTC and store online/offline under they're ready to sell.
