Should I believe in Bitcoin ? - page 19.

Juhagic

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Quote from: Dammitt on January 03, 2017, 11:25:44 AM

Bitcoin does not have a guarantee, we do not know who we believe and who we can not believe. So there is a guarantee of investing in bitcoin, this is a little bit of work. The only thing to do right now is to wait and find the right time, but the most profitable method is bitcoin.

There is no need to believe somebody. the bitcoin is controlled by a community so we all contribute to it.

Dammitt

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Bitcoin does not have a guarantee, we do not know who we believe and who we can not believe. So there is a guarantee of investing in bitcoin, this is a little bit of work. The only thing to do right now is to wait and find the right time, but the most profitable method is bitcoin.

iqlimasyadiqa

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Quote from: Seeker#9 on January 03, 2017, 12:14:25 AM

Bitcoin is now worth over $1k, still in uptrend and some suggest that it may reach around $1500 to $2k this year. Many people are now believe in bitcoin as good investment for short or medium term because of its high volatility like other cryptocurrency.

all of them still have a chance to rise higher again. this time the movement is still happening so will continue to have good grades. almost all optimistic that bitcoin prices could be higher.

BitHodler

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Quote from: Qartersa on January 03, 2017, 09:06:33 AM

Quote from: qiwoman2 on January 03, 2017, 07:17:21 AM

I would invest 50% of it in bitcoin at least and the other 50% in silver and gold, if you want to spread your risk but if I had it I would use 10K all in bitcoin and invest and trade it. That way i would turn it very fast into 100 bitcoin. Grin

Well it seems you really do believe in bitcoin. Investing 50% would mean that you have great trust in it and you would risk half of your money in this digital currency! Reaching 100 bitcoins though, just got harder. Your $10,000 would only get you 10 bitcoins now compared a few months back so doubling it till 100 bitcoins would take awhile and a lot of effort!

Him being 50% invested in Bitcoin doesn't mean he has invested 50% of his entire wealth into Bitcoin. It's just 50% of his investment balance. Not that big of a deal.

And yes, those that are finding their way to Bitcoin right now enter the market at way higher prices than people that have been here for a year or so.

But that's not really a problem since Bitcoin has far more potential growth to realize than it has done already. If Bitcoin really lives up to what is expected to happen, then current prices are nothing more than peanuts.

gabmen

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Quote from: Qartersa on January 03, 2017, 09:06:33 AM

Quote from: qiwoman2 on January 03, 2017, 07:17:21 AM

I would invest 50% of it in bitcoin at least and the other 50% in silver and gold, if you want to spread your risk but if I had it I would use 10K all in bitcoin and invest and trade it. That way i would turn it very fast into 100 bitcoin. Grin

Well it seems you really do believe in bitcoin. Investing 50% would mean that you have great trust in it and you would risk half of your money in this digital currency! Reaching 100 bitcoins though, just got harder. Your $10,000 would only get you 10 bitcoins now compared a few months back so doubling it till 100 bitcoins would take awhile and a lot of effort!

Well that's saying a lot about your trust in bitcoin. And if you're lucky, and if the rate of bitcoin's rise is sustained then I think that would be attainable. It's just that it's too much of a risk for most people to take. I personally believe in bitcoin but to place that much amount would be beyond me especially that I have a lot of mouths to feed.

RealPhotoshoper

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Quote from: Farma on January 03, 2017, 08:51:25 AM

many people who do not believe in bitcoin since the first, and they say that bitcoin will have a low price. but, this time, it denied everything. bitcoin prices are higher as we predicted. earlier this year made a bitcoin prices to be higher than in previous years. it's just that we do not know how long it will continue. if we believe bitcoin, bitcoin then we will hold for a long time.

yeaaa everyone should be regret now , with bitcoin situation that on top price.
just imagine if you bought 1,000 bitcoin at $1 each and now you have 1 million dollar in your hand.
you still have a chance to start believeing on something seems impossible like to see $10,000 price, why not?

Qartersa

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Quote from: qiwoman2 on January 03, 2017, 07:17:21 AM

I would invest 50% of it in bitcoin at least and the other 50% in silver and gold, if you want to spread your risk but if I had it I would use 10K all in bitcoin and invest and trade it. That way i would turn it very fast into 100 bitcoin. Grin

Well it seems you really do believe in bitcoin. Investing 50% would mean that you have great trust in it and you would risk half of your money in this digital currency! Reaching 100 bitcoins though, just got harder. Your $10,000 would only get you 10 bitcoins now compared a few months back so doubling it till 100 bitcoins would take awhile and a lot of effort!

Farma

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many people who do not believe in bitcoin since the first, and they say that bitcoin will have a low price. but, this time, it denied everything. bitcoin prices are higher as we predicted. earlier this year made a bitcoin prices to be higher than in previous years. it's just that we do not know how long it will continue. if we believe bitcoin, bitcoin then we will hold for a long time.

mkmdoc

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Quote from: Financial_Genius on November 10, 2015, 12:13:39 PM

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?

There is no guarantee in every thing you believe,no one will suggest you how long bitcoin will sustain but as of now many people a good hope on bitcoin and many people are still investing into it. Daily many countries are showing interest towards bitcoin technology, but now it is not the right time to invest in bitcoin.

qiwoman2

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I would invest 50% of it in bitcoin at least and the other 50% in silver and gold, if you want to spread your risk but if I had it I would use 10K all in bitcoin and invest and trade it. That way i would turn it very fast into 100 bitcoin. Grin

Diced90

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Get'em boys

I do believe in bitcoin so should you because most transaction as of today are cashless! Which makes bitcoin the perfect companion for all your daily needs with the aid of a bitcoin debit card.

Botnake

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Quote from: Seeker#9 on January 03, 2017, 12:14:25 AM

Bitcoin is now worth over $1k, still in uptrend and some suggest that it may reach around $1500 to $2k this year. Many people are now believe in bitcoin as good investment for short or medium term because of its high volatility like other cryptocurrency.

Maybe we should celebrate now, we have been waiting for this to happen for so long and now we can witness it already. The price is the will make a statement on the non believers and this will certainly continue as many are attracted to adopt and invest with bitcoin. I hope I can have a good stay here and a profitable stay in specific.

Seeker#9

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Bitcoin is now worth over $1k, still in uptrend and some suggest that it may reach around $1500 to $2k this year. Many people are now believe in bitcoin as good investment for short or medium term because of its high volatility like other cryptocurrency.

Finestream

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Quote from: ethereumhunter on January 02, 2017, 10:25:55 PM

Quote from: agamasrori on January 02, 2017, 10:13:02 PM

Quote from: nasipadang on January 02, 2017, 09:40:59 PM

Quote from: Financial_Genius on November 10, 2015, 12:13:39 PM

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?

bitcoin is best cryptocurrency in the future and better than other cryptocurrency , 1 BTC now to $1000 you sure don't want to buy BTC

That is a good reason to buy and believe bitcoin as an investment. Bitcoin was designed to resist the global economy condition. I think bitcoin is secure enough so he better to buy bitcoun as soon as possible

i am agree, many people now realize that bitcoin is worth to be an investment especially for now the bitcoin price is increase so high depend on the last year. i hope that the price is not going down like in early 2016 and only increase.

Even before when the price of bitcoin is not that big as today, it is already a good investment. What we are seeing as an investor is the potential of bitcoin and that potential to grow has just realize now as we can see in our very eyes. If we have bought bitcoin when the price is still $200, we could be rich now.

We take risk for the uncertain future but that must be back with careful analysis using relevant data.

Omega Weapon

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I don't know if the op invested those 10k in bitcoin but I hope that at some point he did because he will be having great profits, then he could sell enough bitcoin to recover his 10k and invest in something else and let his investment in bitcoin to keep growing.

ethereumhunter

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Quote from: agamasrori on January 02, 2017, 10:13:02 PM

Quote from: nasipadang on January 02, 2017, 09:40:59 PM

Quote from: Financial_Genius on November 10, 2015, 12:13:39 PM

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?

bitcoin is best cryptocurrency in the future and better than other cryptocurrency , 1 BTC now to $1000 you sure don't want to buy BTC

That is a good reason to buy and believe bitcoin as an investment. Bitcoin was designed to resist the global economy condition. I think bitcoin is secure enough so he better to buy bitcoun as soon as possible

i am agree, many people now realize that bitcoin is worth to be an investment especially for now the bitcoin price is increase so high depend on the last year. i hope that the price is not going down like in early 2016 and only increase.

agamasrori

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Quote from: nasipadang on January 02, 2017, 09:40:59 PM

Quote from: Financial_Genius on November 10, 2015, 12:13:39 PM

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?

bitcoin is best cryptocurrency in the future and better than other cryptocurrency , 1 BTC now to $1000 you sure don't want to buy BTC

That is a good reason to buy and believe bitcoin as an investment. Bitcoin was designed to resist the global economy condition. I think bitcoin is secure enough so he better to buy bitcoun as soon as possible

nasipadang

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Quote from: Financial_Genius on November 10, 2015, 12:13:39 PM

Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?

bitcoin is best cryptocurrency in the future and better than other cryptocurrency , 1 BTC now to $1000 you sure don't want to buy BTC

aolley

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It depends on how risk adverse you are. If you can stand to lose half that money, then invest half in btc. If you would be destroyed if you lost the money, don't invest it. The old adage of don't invest more than you can afford to lose but I say even with the bad actors running rampant btc will continue. Why do you ask us? Have you not made up your mind already?

ironm@n

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The question is a bit subjective. I think the use should depend more on how much you trust the Blockchain Technology. If you can trust in a technology backed by math and cryptography, then I think you can certainly trust Bitcoin.
First you need to understand it, of course. The basic concepts behind this are easy to understand, in my opinion, but to have a deeper knowledge you will need to put a greater effort into it.

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