Is 1 bitcoin a decent and good investment? - page 2.

Meuh6879

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Quote from: ajareselde on September 17, 2014, 11:17:45 AM

im not saying that will not happen, but is is only one of the possibilities.
1 btc sounds like a good investment if it realy shoots up, also if it fails, its not much too loose it either.

that why mining must stop (the 25BTC per 10min) at the end to permit to the early or big holder to sell and use the coins ...

troisky

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Quote from: JJB on June 06, 2014, 10:51:25 AM

Quote from: adz7 on June 06, 2014, 10:12:33 AM

Quote from: bryant.coleman on June 06, 2014, 10:02:43 AM

Thinking realistically, I believe that after 10 years, the exchange rate of Bitcoin will be somewhere around $40,000 to $50,000 per coin (if Bitcoin seizes a significant part of the remittance market and the online payment processing market). If you invest in 100 Bitcoins right now, after 10 years you'll have $4-5 million with you. Convince your uncle to buy a few more coins. Grin

Though realistically, who would be willing to pay $40,000 to $50,000 for 1 bitcoin?

I guess it comes down to affordability, and whether or not the value of our currency will be viable in 10 years time or if it will be replaced (?) by Bitcoin.

People don't have to buy a whole coin. They can just buy smaller fractions.

This. Jesus fuck, how is it so hard to understand.

Rakitich

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Quote from: jeffersonairplane on June 06, 2014, 02:34:09 PM

Not really a good investment. If you would hold on to it for months upon months you may be able to make a hundred or two. It's not worth the time.

Yeah, whats a better fucking investment then? (not sure if you are being sarcastic or not)

kingcoin111

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Quote from: zorke on September 18, 2014, 12:38:44 AM

Quote from: RodeoX on September 17, 2014, 11:22:30 AM

"Investing" in bitcoin is not a good investment.

Exactly. If you were to "invest" in bitcoin then you would be doing nothing more then speculating, which is exposing yourself to significant risk

So are you saying that investing in bitcoin is not advisable? Are you joking?

zorke

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Quote from: RodeoX on September 17, 2014, 11:22:30 AM

"Investing" in bitcoin is not a good investment.

Exactly. If you were to "invest" in bitcoin then you would be doing nothing more then speculating, which is exposing yourself to significant risk

cuddaloreappu

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Quote from: richardramirez9 on September 17, 2014, 11:41:51 AM

Yes, it is the investment of your lifetime. Hold for 20 years then retire in tranquility as a crypto lord.

20 years! I think they have not yet developed a fully functioning and safe cryostatis pod

richardramirez9

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Yes, it is the investment of your lifetime. Hold for 20 years then retire in tranquility as a crypto lord.

RodeoX

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The revolution will be monetized!

"Investing" in bitcoin is not a good investment.

ajareselde

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Satoshi is rolling in his grave. #bitcoin

Quote from: CryptoCarmen on September 17, 2014, 10:15:34 AM

Quote from: Skrillex on September 17, 2014, 05:57:01 AM

Most people will never own 1 btc, this is a fact. So do the math.

So true.

once again, you people blindly believe the price will go only up.
im not saying that will not happen, but is is only one of the possibilities.
1 btc sounds like a good investment if it realy shoots up, also if it fails, its not much too loose it either.
cheers

CryptoCarmen

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★Bitin.io★ - Instant Exchange

Quote from: Skrillex on September 17, 2014, 05:57:01 AM

Most people will never own 1 btc, this is a fact. So do the math.

So true.

trader001

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Might as well do something else with the money if you only invest in 1 bitcoin.

omnidoge

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Half a bitcoin is also a good investment as long as you invested it in a trustworthy company.

JayJuanGee

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: Skrillex on September 17, 2014, 05:57:01 AM

Most people will never own 1 btc, this is a fact. So do the math.

Even though you do NOT describe exactly what you are asserting, there seems to be a lot of assumptions in your statement... and in that regard you seem to be assuming that 1BTC is enough - without providing a timeline or any idea for what a person would expect to accomplish with the 1 BTC in whatever timeline that would be.

Skrillex

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Most people will never own 1 btc, this is a fact. So do the math.

InwardContour

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Quote from: cuddaloreappu on September 17, 2014, 02:22:07 AM

Quote from: zimmah on September 16, 2014, 09:32:58 AM

if bitcoin becomes the worlds most used currency, which might happen in a few years/decades, even as 'little' as 1 bitcoin will make you the top 0.25% at least.

I seriously love your attitude

There's a huge difference from few years and few decades

I hope they will be valued something more in a couple of years!

cuddaloreappu

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Quote from: zimmah on September 16, 2014, 09:32:58 AM

if bitcoin becomes the worlds most used currency, which might happen in a few years/decades, even as 'little' as 1 bitcoin will make you the top 0.25% at least.

I seriously love your attitude

JayJuanGee

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: giveBTCpls on September 16, 2014, 04:48:27 PM

We'll be talking in terms of satoshis, BTC will be for the top 1%. Thats why should start lossing the BTC thing soon in exchanges asap. People is scared to buy BTC because some of them don't even know it's divisible, so they think "fuck, how im supossed to spend 500$ on the fucking thing... screw it" and end up ignoring it. If we had mBTC or whatever, it would be better.

You are correct that quite a few people think like that and NOT really understanding the divisibility features/conceptualizations - especially while they are still becoming acquainted with BTC.

One way, as you suggested, is to work with mBTC rather than BTC or even smaller units; however, another way is just to educate people a little more thoroughly about the concept(s) of divisibility and other potentially confusing aspects of crypto money.

giveBTCpls

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We'll be talking in terms of satoshis, BTC will be for the top 1%. Thats why should start lossing the BTC thing soon in exchanges asap. People is scared to buy BTC because some of them don't even know it's divisible, so they think "fuck, how im supossed to spend 500$ on the fucking thing... screw it" and end up ignoring it. If we had mBTC or whatever, it would be better.

Beyonce

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Surfbort.

Quote from: zimmah on September 16, 2014, 09:32:58 AM

if bitcoin becomes the worlds most used currency, which might happen in a few years/decades, even as 'little' as 1 bitcoin will make you the top 0.25% at least.

I seriously doubt it will become the worlds most used currency even within our lifetime but even if it becomes widly accepted worldwide it will probably make you very rich.

zimmah

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if bitcoin becomes the worlds most used currency, which might happen in a few years/decades, even as 'little' as 1 bitcoin will make you the top 0.25% at least.

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