Topic: Don't spend bitcoin. Not now. - page 10. (Read 3832 times)
This sounds like something that should had been written in 2010.
What makes difficult here is that people are just considering Bitcoin is purely an investment instead of currency to spend with. If we keep holding bitcoin we can't expect that its prices will go higher as the demand will still at a low. We need to have huge support and market demand but actually can't be of possible if there are no users.
It's part of the cycle that should be considered in order to make it more progressive, if there's a supply and demand process the value will rise since there's a limited supplies that will be available. More adoptions and more usages will result to more positive outcomes in terms of value. More people to embrace the system means more demands that will help lifting the rise of it's value. 
What makes difficult here is that people are just considering Bitcoin is purely an investment instead of currency to spend with. If we keep holding bitcoin we can't expect that its prices will go higher as the demand will still at a low. We need to have huge support and market demand but actually can't be of possible if there are no users.
Yes, many developed countries like the US and China still have strict rules on the use of bitcoin for payment. Currently, many countries still cannot pay with cryptocurrencies, if we try to trade with crypto we will probably have to go to jail. so we can only use bitcoin for buying or selling with lots of other people, but we can't do anything about it. I fear for the future of a soaring bitcoin price, but there is nothing we can do with it.
What makes difficult here is that people are just considering Bitcoin is purely an investment instead of currency to spend with. If we keep holding bitcoin we can't expect that its prices will go higher as the demand will still at a low. We need to have huge support and market demand but actually can't be of possible if there are no users.
Of course, many people use Bitcoin for each purpose. especially if invested in Bitcoin automatically they want to reap the rewards. It is undeniable that every trader or investor would want to enjoy the fruits of their work in the world of cryptocurrency. especially now that there are many concerns with very unstable prices
Bitcoin value will fluctuate always and hence forth we can find the growth in a upcoming days as a general investor you can invest on BTC for little amount and in a week of time you will get some decent returns.
I am personally holding the bitcoins from the past one month and I hope I will get the returns in the year 2020.
I am personally holding the bitcoins from the past one month and I hope I will get the returns in the year 2020.
Every crypto enthusiasts here in crypto currency community have there own perception of the kind of coin they invest. We know that bitcoin is the dominant crypto currency and its already proven many years its capability and the way it's value fluctuates. Even how bearish the market nowadays, I still believe and hoping that it will happen again soon that it will increase tremendously.
That's right don't spend bitcoin right now if you don't want to lose the chance to get a big profit. My suggestion is better
for now we hold bitcoin that we have, because halving will occur in May 2020. If you spend bitcoin now it's very unfortunate
because the price of bitcoin is still very low now. It's better if you want to sell bitcoin after halving is finished or sell in 2021,
because surely the price has gone up. According to my prediction, the minimum bitcoin price might return to the price of
$ 20,000. So we have to be more patient to hold bitcoin now.
We are in the same position mate, even I have few amount of bitcoin I will still not spend it because I have plan when/where i'm gonna sell it. Spending bitcoin in this current state of market is not good decision because you're just waste the opportunity to become rich in the future. We really do not know if bitcoin will reach again it's all-time high price but the best thing to do right now is to hold and earn more bitcoin. My main plan to my bitcoin is to sell it when the price surpass its all-time high price.for now we hold bitcoin that we have, because halving will occur in May 2020. If you spend bitcoin now it's very unfortunate
because the price of bitcoin is still very low now. It's better if you want to sell bitcoin after halving is finished or sell in 2021,
because surely the price has gone up. According to my prediction, the minimum bitcoin price might return to the price of
$ 20,000. So we have to be more patient to hold bitcoin now.
Perhaps you have misunderstood the meaning of money. Currency does not have value, but the currency is used as an intermediary to represent the object being exchanged, so it is valuable. So money is valid only when it is exchanged. Satoshi created bitcoins to create a network that could transparently transact transactions without a command space.
If everyone keeps bitcoin as explained above, then bitcoin is completely worthless because no one needs to use them as a medium of exchange. That means its liquidity is zero.
Unfortunately to keep bitcoin and recognize it as a digital asset is the norm nowadays although it's paving another pathway separating from satoshi's vision but that's the reality. I've rarely heard people consider bitcoin as currency but you can see everywhere that they are always talking about bitcoin being an investment option for those investors. Although I still consider it as a currency but most of people keep holding it. If everyone keeps bitcoin as explained above, then bitcoin is completely worthless because no one needs to use them as a medium of exchange. That means its liquidity is zero.
Bitcoin was not made to spend. Not for now. There is a misinterpretation of what Satoshi wrote in the Whitepaper: "A peer-to-peer eletronic cash system". He created bitcoin to be an electronic money system. This is a fact.
Before becoming a monetary system, Bitcoin must be able to preserve value over time. After that, he becomes able to earn society's trust and become a genuine cash.
People accept dollars because they believe that money is still backed by gold (as it was until the end of Bretton Woods), or because (unfortunately) they believe the government will guarantee the value of the currency.
That is, people believe in Dollar because they are sure that money will be at the same value tomorrow. Although this is not true.
99% of the world's population still does not understand, do not know and do not trust Bitcoin. And everything is fine. Bitcoin adoption is a lengthy process that may take decades or centuries to happen.
Bitcoin has never been about just being a simple means of payment. It is not like VISA or Mastercard. He is a legitimate Digital Asset and as such needs to earn trust until it is adopted as money.
Do not spend your Bitcoins. Not now.
Before becoming a monetary system, Bitcoin must be able to preserve value over time. After that, he becomes able to earn society's trust and become a genuine cash.
People accept dollars because they believe that money is still backed by gold (as it was until the end of Bretton Woods), or because (unfortunately) they believe the government will guarantee the value of the currency.
That is, people believe in Dollar because they are sure that money will be at the same value tomorrow. Although this is not true.
99% of the world's population still does not understand, do not know and do not trust Bitcoin. And everything is fine. Bitcoin adoption is a lengthy process that may take decades or centuries to happen.
Bitcoin has never been about just being a simple means of payment. It is not like VISA or Mastercard. He is a legitimate Digital Asset and as such needs to earn trust until it is adopted as money.
Do not spend your Bitcoins. Not now.
This is a misconception of what bitcoin is all about. Firsly, 'Money is any item that is commonly acknowledged as installment for products and ventures and reimbursement of obligations in a given nation or financial setting. The fundamental elements of money are recognized as: a mode of trade; a unit of record; a store of significant worth; and, infrequently, a standard of conceded installment'.
Therefore, Bitcoin being an electronic money doesn't mean it shouldn't transcend to fiat. After all, paper money is also converted to electronic money for ease of transactions.
Bitcoin already has a monetary value, despite the shackles that besiege it mass adoption, it has continued to break new ground as several countries and businesses have permitted it use for transactions. And with time, it will gain mainstream adoption.
Bitcoin value will fluctuate always and hence forth we can find the growth in a upcoming days as a general investor you can invest on BTC for little amount and in a week of time you will get some decent returns.
I am personally holding the bitcoins from the past one month and I hope I will get the returns in the year 2020.
I am personally holding the bitcoins from the past one month and I hope I will get the returns in the year 2020.
Perhaps you have misunderstood the meaning of money. Currency does not have value, but the currency is used as an intermediary to represent the object being exchanged, so it is valuable. So money is valid only when it is exchanged. Satoshi created bitcoins to create a network that could transparently transact transactions without a command space.
If everyone keeps bitcoin as explained above, then bitcoin is completely worthless because no one needs to use them as a medium of exchange. That means its liquidity is zero.
If everyone keeps bitcoin as explained above, then bitcoin is completely worthless because no one needs to use them as a medium of exchange. That means its liquidity is zero.
But we can't prevent people from using their bitcoin because "bitcoin" can also be an investment and profit making everyday. I also can't avoid using my bitcoin as it is the main source of my income that I need for my daily needs.
So there is nothing we can do here and all we can do is wait for the right moment and make sure we have hold bitcoin because we will see the regret here.
We cannot blame them if they spend their bitcoins now, maybe it is the reason why they have bitcoin for them to use it. There are people whose mindset is to hold their bitcoin because they are hoping that the price will go up in the future and there are also people who see bitcoin as a utility token that they can use in their daily lives to have faster and convenient transactions.So there is nothing we can do here and all we can do is wait for the right moment and make sure we have hold bitcoin because we will see the regret here.
That's right don't spend bitcoin right now if you don't want to lose the chance to get a big profit. My suggestion is better
for now we hold bitcoin that we have, because halving will occur in May 2020. If you spend bitcoin now it's very unfortunate
because the price of bitcoin is still very low now. It's better if you want to sell bitcoin after halving is finished or sell in 2021,
because surely the price has gone up. According to my prediction, the minimum bitcoin price might return to the price of
$ 20,000. So we have to be more patient to hold bitcoin now.
We are in the same position mate, even I have few amount of bitcoin I will still not spend it because I have plan when/where i'm gonna sell it. Spending bitcoin in this current state of market is not good decision because you're just waste the opportunity to become rich in the future. We really do not know if bitcoin will reach again it's all-time high price but the best thing to do right now is to hold and earn more bitcoin. My main plan to my bitcoin is to sell it when the price surpass its all-time high price.for now we hold bitcoin that we have, because halving will occur in May 2020. If you spend bitcoin now it's very unfortunate
because the price of bitcoin is still very low now. It's better if you want to sell bitcoin after halving is finished or sell in 2021,
because surely the price has gone up. According to my prediction, the minimum bitcoin price might return to the price of
$ 20,000. So we have to be more patient to hold bitcoin now.
That's right don't spend bitcoin right now if you don't want to lose the chance to get a big profit. My suggestion is better
for now we hold bitcoin that we have, because halving will occur in May 2020. If you spend bitcoin now it's very unfortunate
because the price of bitcoin is still very low now. It's better if you want to sell bitcoin after halving is finished or sell in 2021,
because surely the price has gone up. According to my prediction, the minimum bitcoin price might return to the price of
$ 20,000. So we have to be more patient to hold bitcoin now.
We are in the same position mate, even I have few amount of bitcoin I will still not spend it because I have plan when/where i'm gonna sell it. Spending bitcoin in this current state of market is not good decision because you're just waste the opportunity to become rich in the future. We really do not know if bitcoin will reach again it's all-time high price but the best thing to do right now is to hold and earn more bitcoin. My main plan to my bitcoin is to sell it when the price surpass its all-time high price. for now we hold bitcoin that we have, because halving will occur in May 2020. If you spend bitcoin now it's very unfortunate
because the price of bitcoin is still very low now. It's better if you want to sell bitcoin after halving is finished or sell in 2021,
because surely the price has gone up. According to my prediction, the minimum bitcoin price might return to the price of
$ 20,000. So we have to be more patient to hold bitcoin now.
because of its controversy, some people buy and sell to take advantage of price fluctuations.
indeed there are already using bitcoin for payments as planned but the numbers are still inferior to those who do it for profit, we can see from the daily volume of the exchange.
Yes, such controversies have been around for a long time and it all depends on the needs and strategies they plan and the most important thing is to sell when they make a profit.indeed there are already using bitcoin for payments as planned but the numbers are still inferior to those who do it for profit, we can see from the daily volume of the exchange.
but it will be more profitable to make savings for long-term investment and that doesn't mean you don't use it and only use it as needed, because in the future bitcoin will be much better and more profitable.
For those who has a weak mind can easily give up with those controversy and I am not here to judge them as they are holding their own fund so I am just here to suggest that if they think they can't afford to lose much when worst things comes, they they can give up sell their Bitcoin but if they strongly agree and they are confident with Bitcoin then they will just need to hold it until such time they are already ready.
because of its controversy, some people buy and sell to take advantage of price fluctuations.
indeed there are already using bitcoin for payments as planned but the numbers are still inferior to those who do it for profit, we can see from the daily volume of the exchange.
Yes, such controversies have been around for a long time and it all depends on the needs and strategies they plan and the most important thing is to sell when they make a profit.indeed there are already using bitcoin for payments as planned but the numbers are still inferior to those who do it for profit, we can see from the daily volume of the exchange.
but it will be more profitable to make savings for long-term investment and that doesn't mean you don't use it and only use it as needed, because in the future bitcoin will be much better and more profitable.
For those who has a weak mind can easily give up with those controversy and I am not here to judge them as they are holding their own fund so I am just here to suggest that if they think they can't afford to lose much when worst things comes, they they can give up sell their Bitcoin but if they strongly agree and they are confident with Bitcoin then they will just need to hold it until such time they are already ready.
because of its controversy, some people buy and sell to take advantage of price fluctuations.
indeed there are already using bitcoin for payments as planned but the numbers are still inferior to those who do it for profit, we can see from the daily volume of the exchange.
Yes, such controversies have been around for a long time and it all depends on the needs and strategies they plan and the most important thing is to sell when they make a profit.indeed there are already using bitcoin for payments as planned but the numbers are still inferior to those who do it for profit, we can see from the daily volume of the exchange.
but it will be more profitable to make savings for long-term investment and that doesn't mean you don't use it and only use it as needed, because in the future bitcoin will be much better and more profitable.
We all know that the price of the bitcoin today is not reasonable like last few months and it has a massive impact to the traders and holders of the bitcoin the money they invest on the bitcoin now is not profitable. Base on the graph of the bitcoin it falls when the November ends. Many users already pull out their money because of the changes happening, and they predicted that the price of the coin is falling down now. It was a good opportunity for the investors that they will spend their money on bitcoin today because it becomes more profitable when the year ends.
The price of the bitcoin is low, and many investors are trying willing to invest because of the price and when the coins go up the money they invest will rise too, by just having the essential investment you can earn a little profit.
because of its controversy, some people buy and sell to take advantage of price fluctuations.
indeed there are already using bitcoin for payments as planned but the numbers are still inferior to those who do it for profit, we can see from the daily volume of the exchange.
Yes, such controversies have been around for a long time and it all depends on the needs and strategies they plan and the most important thing is to sell when they make a profit.indeed there are already using bitcoin for payments as planned but the numbers are still inferior to those who do it for profit, we can see from the daily volume of the exchange.
but it will be more profitable to make savings for long-term investment and that doesn't mean you don't use it and only use it as needed, because in the future bitcoin will be much better and more profitable.
because of its controversy, some people buy and sell to take advantage of price fluctuations.
indeed there are already using bitcoin for payments as planned but the numbers are still inferior to those who do it for profit, we can see from the daily volume of the exchange.
indeed there are already using bitcoin for payments as planned but the numbers are still inferior to those who do it for profit, we can see from the daily volume of the exchange.
But we can't prevent people from using their bitcoin because "bitcoin" can also be an investment and profit making everyday. I also can't avoid using my bitcoin as it is the main source of my income that I need for my daily needs.
So there is nothing we can do here and all we can do is wait for the right moment and make sure we have hold bitcoin because we will see the regret here.
We cannot blame them if they spend their bitcoins now, maybe it is the reason why they have bitcoin for them to use it. There are people whose mindset is to hold their bitcoin because they are hoping that the price will go up in the future and there are also people who see bitcoin as a utility token that they can use in their daily lives to have faster and convenient transactions. So there is nothing we can do here and all we can do is wait for the right moment and make sure we have hold bitcoin because we will see the regret here.
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