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Topic: Great ways to invest. (Read 1109 times)

newbie
Activity: 14
Merit: 0
May 05, 2013, 12:23:53 AM
#22
Gold and silver all the way, a little BTC never hurt anyone -
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
May 04, 2013, 04:39:21 PM
#21
As for bitcoins valuation, the sky is the limit. 1000+ is possible if it gets adopted worldwide and is used to buy and sell.

why set the bar so low? I heard people on here talking in the neighborhood of $100000 a coin.

The latter is possible but I tentatively predict mBTC-$ parity (or 1000 USD/BTC) within 18 months of now. (Which may or may not be a bubble.) $100/mBTC ($100k USD/BTC) will almost certainly have to wait longer. Grin

15 million BTC x 100000 USD = 1,5 trillion USD. Realistic if bitcoin really gets going, but that's gonna take some time. Gold markets including paper "gold" are roughly 7 trillion USD I think.
member
Activity: 88
Merit: 10
May 04, 2013, 04:35:07 PM
#20
At Mining United this is exactly what we do for you.

Pyramining exist longer and seems more trustworthy to me...

http://www.pyramining.com/referral/mk48qszhe
newbie
Activity: 12
Merit: 0
May 04, 2013, 03:50:41 PM
#19
I've learned to not trust what anyone says. The truth is no one knows, it's still gambling.
newbie
Activity: 5
Merit: 0
May 04, 2013, 03:41:10 PM
#18
It appears bitcoin in the backbone to this economy just like the US dollar is the backbone for Bitcoin.  So far, all other alt coins seem to be traded for bitcoins and (with the exception of litecoin) bitcoin is the ultimate medium of exchange.  I predict Bitcoin is here to stay and litecoin will emerge as a medium of exchange but all the others have their work cut out for them to become more than a means by which to earn Botcoins and litecoins.
newbie
Activity: 28
Merit: 0
May 04, 2013, 02:51:50 PM
#17
As for bitcoins valuation, the sky is the limit. 1000+ is possible if it gets adopted worldwide and is used to buy and sell.

why set the bar so low? I heard people on here talking in the neighborhood of $100000 a coin.
member
Activity: 91
Merit: 10
May 04, 2013, 02:50:47 PM
#16
I think BTC will be over $1000 within the next 3 years *OR* it will be near $0. I'm giving it better than 10% odds at not collapsing, hence why I'm interested in BTC mining / investing / etc.

Bitcoins will always have value in my opinion. The rest of the world just needs time to catch on to its usefulness.
newbie
Activity: 12
Merit: 0
May 04, 2013, 02:26:04 PM
#15
 As for bitcoins valuation, the sky is the limit. 1000+ is possible if it gets adopted worldwide and is used to buy and sell.
newbie
Activity: 24
Merit: 0
May 04, 2013, 02:18:44 PM
#14
I think BTC will be over $1000 within the next 3 years *OR* it will be near $0. I'm giving it better than 10% odds at not collapsing, hence why I'm interested in BTC mining / investing / etc.
I did quite similar estimations. However, you should not invest too much, as there is still a big chance you lose it all!
sr. member
Activity: 302
Merit: 250
May 04, 2013, 02:02:26 PM
#13
I think BTC will be over $1000 within the next 3 years *OR* it will be near $0. I'm giving it better than 10% odds at not collapsing, hence why I'm interested in BTC mining / investing / etc.
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
May 04, 2013, 01:52:45 PM
#12
I do not think BitCoin will ever reach the 4 digits. If anyone thinks so, explain why.

Very simple. If BTC1 = $1000, then the total dollar valuation of all the BTC in existence cannot exceed or equal $21 billion. If bitcoin is going to take off - and it may very well do - then a $21bn market cap (valuation) is small beer really. I actually foresee five or even six digits (USD/BTC) as almost inevitable if a major catalyst occurs to drive universal demand for bitcoin worldwide (think of what we are witnessing in China, southern Europe, Russia etc. as just the beginning of the beginning).

Of course, the market does not appear to agree with that sentiment, even though you'll find it prevailing on forums like this. How can that be? And can a bitcoin holder simply earn decent money doing nothing? When something sounds too good to be true like this, one always has to consider the Ponzi scheme angle (if it seems too good to be true...). But the reality is fairly straightforward: into the present market price - about 100 USD/BTC as I write this - is factored not only future potential to fly to the moon and beyond, but the future potential to crash to zero, a possibility that still cannot be ignored since it is far from out of the question. I figure, though, let's say I have $1000 worth of bitcoin (not saying I have that, I may or may not). One of two things is likely: either I lose $1000... or (eventually) become financially worthy, if not necessarily rich. To me, it's a good bet, plus, I do actually use bitcoin for what it was intended, as a currency and payment system. Just like the legend Laszlo Henyecz spent BTC10k+ on pizzas, we all have a duty to help the bitcoin economy at least that little bit, as best we can (IMHO), as well as saving/hoarding.

Disclaimer: only invest resources into either bitcoin or fiat that you can afford to lose. Grin
newbie
Activity: 28
Merit: 0
May 04, 2013, 01:42:24 PM
#11
I do not think BitCoin will ever reach the 4 digits. If anyone thinks so, explain why.

you explain first Smiley
newbie
Activity: 4
Merit: 0
May 04, 2013, 01:39:56 PM
#10
I do not think BitCoin will ever reach the 4 digits. If anyone thinks so, explain why.
maybe not in your country [: but for example in Poland, it was really close to a one BTC pay 1000 PLN (a lot of people earn enough for a month :/)

Investing is great, but don't invest money you can't afford to lose!
Practically it's the first rule Smiley And...
You need to be a patient and brave.
newbie
Activity: 24
Merit: 0
May 04, 2013, 01:08:53 PM
#9
Investing is great, but don't invest money you can't afford to lose!
newbie
Activity: 9
Merit: 0
May 04, 2013, 01:00:46 PM
#8
 Investing in alt-coins like feathercoin is a great investment right now.
member
Activity: 88
Merit: 10
May 04, 2013, 12:59:17 PM
#7
Great way to invest ? Pyramining. Sure, currently it's rather slow, but ASICS will be introduced soon.
http://www.pyramining.com/referral/mk48qszhe
newbie
Activity: 28
Merit: 0
May 04, 2013, 12:55:25 PM
#6
I do not think BitCoin will ever reach the 4 digits. If anyone thinks so, explain why.
newbie
Activity: 33
Merit: 0
May 03, 2013, 11:10:18 PM
#5
If not for the investment, for the rush of watching charts fluctuate rapidly Smiley
newbie
Activity: 19
Merit: 0
May 03, 2013, 10:41:01 PM
#4
I agree silvio, it's been a rather good past few weeks. And wth is a Mining United? Sounds sketch to me....I'd be willing to look at links. links pls.
newbie
Activity: 4
Merit: 0
May 03, 2013, 10:37:41 PM
#3
Yes! The crisis and the fall in value, ideal time to begin buy and wait a little while [:
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