Should I believe in Bitcoin ? - page 27.

carlisle1

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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?

this topic appears to be posted last year so I am asking a permission to give my opinion. well, it is much better if you are going to buy only what you can afford so there will be only loss more or than a quarter of your $10k if ever the price goes down but if it goes higher then it will be great for you cause you already made a profit with just buying and holding a bitcoin.

abel1337

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Quote from: pitham1 on December 05, 2016, 10:20:27 AM

Quote from: deadpoolx on December 04, 2016, 09:33:29 AM

Quote from: agamasrori on December 04, 2016, 06:47:55 AM

Quote from: Edward Snowden on December 03, 2016, 06:50:36 PM

I believe in privacy rights so I must believe in bitcoin. We need to take control of our future and the first step to doing that is by investing in bitcoin and losing our dependency for the almighty USD.

Bitcoin was proof it self being the strongest cryptocurrency, good alternative for people who get saturated of using paper money and such as investment too like you said. Bitcoin have so many benefit so we should believe in bitcoin.

In addition to decreasing our dependence on USD and giving more financial control to the user, Bitcoin is also a viable alternative due to the ease and security of making payments by using it. Even for a person who does not have much experience using cryptocurrencies, it does not take long until he/she adapts to it, and the benefits are evident. A lot still needs to improve, of course, but using Bitcoin as a form of payment will become easier and will attract more users over time.

I wouldn't say that Bitcoin's selling point is its ease of use. People, especially the older generation, might not be comfortable using wallets and sending bitcoins. The 'killer application' of Bitcoin still has not been developed.

Many old people like grandfather and grandmother didnt know what is bitcoin because I think they are not interested anymore on earning money. Some of the middle ages are not fan of using online money even using paypal they didnt want to use it.

pitham1

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Quote from: deadpoolx on December 04, 2016, 09:33:29 AM

Quote from: agamasrori on December 04, 2016, 06:47:55 AM

Quote from: Edward Snowden on December 03, 2016, 06:50:36 PM

I believe in privacy rights so I must believe in bitcoin. We need to take control of our future and the first step to doing that is by investing in bitcoin and losing our dependency for the almighty USD.

Bitcoin was proof it self being the strongest cryptocurrency, good alternative for people who get saturated of using paper money and such as investment too like you said. Bitcoin have so many benefit so we should believe in bitcoin.

In addition to decreasing our dependence on USD and giving more financial control to the user, Bitcoin is also a viable alternative due to the ease and security of making payments by using it. Even for a person who does not have much experience using cryptocurrencies, it does not take long until he/she adapts to it, and the benefits are evident. A lot still needs to improve, of course, but using Bitcoin as a form of payment will become easier and will attract more users over time.

I wouldn't say that Bitcoin's selling point is its ease of use. People, especially the older generation, might not be comfortable using wallets and sending bitcoins. The 'killer application' of Bitcoin still has not been developed.

SvenBomvolen

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Quote from: Boss CJ on December 04, 2016, 08:43:19 AM

Isn't its good market flow has not convice you yet? If you still have hesitation then you should go thorough research. I am new here in bitcoin industry but I am very convince as I do research and read posts and testimony of many people, that is enough for me and now my next step is to invest now in trading.

Its nice to see satisfied people here, I wish you luck with trading, we have similar plans. I also learn about trading, I read about other people experience, I watch some tutorials, and its very hard. I still dont understand many things, and Im afraid to invest my bitcoins into something unknown. Its not an easy work to be a trader, I get dizzy when i take a look at all the numbers changing all the time, how to pick right moment in all that mess.
I believe in bitcoin just cause of people from here, if future brings just half of what people talking here bitcoin can be universal currency used by everyone, and price can be higher then anyone could imagine.

deisik

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Quote from: mirakal on December 04, 2016, 09:16:18 PM

Quote from: Harry Callahan on December 04, 2016, 06:55:52 PM

Quote from: agamasrori on December 04, 2016, 06:47:55 AM

Quote from: Edward Snowden on December 03, 2016, 06:50:36 PM

I believe in privacy rights so I must believe in bitcoin. We need to take control of our future and the first step to doing that is by investing in bitcoin and losing our dependency for the almighty USD.

Bitcoin was proof it self being the strongest cryptocurrency, good alternative for people who get saturated of using paper money and such as investment too like you said. Bitcoin have so many benefit so we should believe in bitcoin.

How about the delayed transactions.what do you think will be the case in future,even now to get one confirmation you need to wait for hours and how about the transaction fees in the future,what will be the standard fees .if you could answer these then you could believe in bitcoin and i do accept the benefits of bitcoin

The problem is not too big yet, I am pretty sure that problem will be sort our in the future especially if the price will continue to increase. The miners are gonna benefit and will continue to operate profitably so they'll gonna help to have a wonderful community and to make the advocacy for every supporters to have a fast and cheap transaction online.

The problem is serious, and it is already hindering the Bitcoin adoption. I don't really see how it couldn't be serious if the Bitcoin network gets close to paralyzed for a few days in a row. In respect to miners specifically, things are not that simple there either. There are quite a few empty blocks popping up on the blockchain now and there, and those seem to be coming from the mining pools that deliberately choose to ignore incoming transactions altogether...

Some of the miners are also using old configurations, and the blocks they generate are only 750k in size

cokkapaga

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Yes I always believe in bitcoin
bitcoin is the future of money and I am sure bitcoin will be accept in around the world someday.

mirakal

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Quote from: Harry Callahan on December 04, 2016, 06:55:52 PM

Quote from: agamasrori on December 04, 2016, 06:47:55 AM

Quote from: Edward Snowden on December 03, 2016, 06:50:36 PM

I believe in privacy rights so I must believe in bitcoin. We need to take control of our future and the first step to doing that is by investing in bitcoin and losing our dependency for the almighty USD.

Bitcoin was proof it self being the strongest cryptocurrency, good alternative for people who get saturated of using paper money and such as investment too like you said. Bitcoin have so many benefit so we should believe in bitcoin.

How about the delayed transactions.what do you think will be the case in future,even now to get one confirmation you need to wait for hours and how about the transaction fees in the future,what will be the standard fees .if you could answer these then you could believe in bitcoin and i do accept the benefits of bitcoin

The problem is not too big yet, I am pretty sure that problem will be sort our in the future especially if the price will continue to increase. The miners are gonna benefit and will continue to operate profitably so they'll gonna help to have a wonderful community and to make the advocacy for every supporters to have a fast and cheap transaction online.

Harry Callahan

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Quote from: agamasrori on December 04, 2016, 06:47:55 AM

Quote from: Edward Snowden on December 03, 2016, 06:50:36 PM

I believe in privacy rights so I must believe in bitcoin. We need to take control of our future and the first step to doing that is by investing in bitcoin and losing our dependency for the almighty USD.

Bitcoin was proof it self being the strongest cryptocurrency, good alternative for people who get saturated of using paper money and such as investment too like you said. Bitcoin have so many benefit so we should believe in bitcoin.

How about the delayed transactions.what do you think will be the case in future,even now to get one confirmation you need to wait for hours and how about the transaction fees in the future,what will be the standard fees .if you could answer these then you could believe in bitcoin and i do accept the benefits of bitcoin

deisik

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Quote from: Japinat on December 04, 2016, 07:34:04 AM

Quote from: agamasrori on December 04, 2016, 06:47:55 AM

Quote from: Edward Snowden on December 03, 2016, 06:50:36 PM

I believe in privacy rights so I must believe in bitcoin. We need to take control of our future and the first step to doing that is by investing in bitcoin and losing our dependency for the almighty USD.

Bitcoin was proof it self being the strongest cryptocurrency, good alternative for people who get saturated of using paper money and such as investment too like you said. Bitcoin have so many benefit so we should believe in bitcoin.

That's why we are here because we do believe that the future of bitcoin will bring us good results for our investment. In terms of investment it's good but in terms of currency my evaluation is not really good compared to fiat since it has only a limited way to use it unlike fiat that all transaction honor fiat and it is widely use by all people for their daily transaction activities.

That point can be challenged

Though not in the sense that it is good for Bitcoin not being used as a currency like fiat, of course. What I mean to say is that we may not yet have reached that point where Bitcoin can be used as a full-fledged currency. And there is some hidden logic and sense behind that. While Bitcoin adoption is expanding and its price is growing, it is not really useful as a universal means of exchange and payment. As to me, we should first reach a certain threshold in the number of active users, even if these users are going to profit through Bitcoin directly (i.e. speculators and profiteers), and once (if) we get there, then Bitcoin might gradually turn into a currency in its own right (as opposed to a purely speculative asset as of now)

Przemax

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Dont ever get excited by your investments. It could make you blind. Be excited when its at the low and because you believe in it if you must. But please dont make the same mistake people do that they get excited because someone else has profitted a lot. Newsflash, that person isnt you so just dont.

Boss CJ

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Quote from: Kemarit on December 04, 2016, 10:14:21 AM

Quote from: Boss CJ on December 04, 2016, 08:43:19 AM

Isn't its good market flow has not convice you yet? If you still have hesitation then you should go thorough research. I am new here in bitcoin industry but I am very convince as I do research and read posts and testimony of many people, that is enough for me and now my next step is to invest now in trading.

its a perfect way to grow bitcoin if perform correctly i seen big progress again with bitcoin value so investing it inside trading will help you grow your bitcoin and for sure you will earn good profits in returned just keep believing and researching.

Yes i do believe you. I'm so excited to invest in trading. Could you suggest any coin that you think is a good start to invest? Thank you for your positive response. I really do hope it would work out well to me. Just thinking the positive side.

Kemarit

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Quote from: Boss CJ on December 04, 2016, 08:43:19 AM

Isn't its good market flow has not convice you yet? If you still have hesitation then you should go thorough research. I am new here in bitcoin industry but I am very convince as I do research and read posts and testimony of many people, that is enough for me and now my next step is to invest now in trading.

its a perfect way to grow bitcoin if perform correctly i seen big progress again with bitcoin value so investing it inside trading will help you grow your bitcoin and for sure you will earn good profits in returned just keep believing and researching.

boyptc

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Quote from: Vaskiy on December 03, 2016, 10:05:59 AM

Quote from: boyptc on December 03, 2016, 03:34:40 AM

Quote from: kratarzu on December 01, 2016, 11:13:25 PM

I am surprised people ask for people to convince them to buy BTC. NEVER let other people decide about what you should do, if you are not feeling safe with doing it, dont. You are just finding a way to be able to blame others when things go wrong.

But do you think that you will be blamed if you are convincing other people to have some decent profit if they will be able to get some good opportunities with bitcoin? Sometimes it is not bad to be selfish and that's why we are encouraging other people to know, learn and believe what is bitcoin. Because we have proof that it is real opportunity.

What you've mentioned is true. Its good to make someone learn and earn, they'll remember the good one has done. Though we have proof in hands, nothing is assured. Sometimes for our bad, the price might decrease when the one we taught gets into bitcoin usage. Better is to explain all factors, and let them decide whether to be with it or not.

It also depends on the person that we are talking to, if we are seeing their interest then we are getting excited to tell all the factors about bitcoin. But in the middle of their learning process when they are seeing the price of bitcoin to decrease very light. That's making them discourage and stops with bitcoin but when they see again that the price increases they will be active again, I just can't understand those type of people.

deadpoolx

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Quote from: agamasrori on December 04, 2016, 06:47:55 AM

Quote from: Edward Snowden on December 03, 2016, 06:50:36 PM

I believe in privacy rights so I must believe in bitcoin. We need to take control of our future and the first step to doing that is by investing in bitcoin and losing our dependency for the almighty USD.

Bitcoin was proof it self being the strongest cryptocurrency, good alternative for people who get saturated of using paper money and such as investment too like you said. Bitcoin have so many benefit so we should believe in bitcoin.

In addition to decreasing our dependence on USD and giving more financial control to the user, Bitcoin is also a viable alternative due to the ease and security of making payments by using it. Even for a person who does not have much experience using cryptocurrencies, it does not take long until he/she adapts to it, and the benefits are evident. A lot still needs to improve, of course, but using Bitcoin as a form of payment will become easier and will attract more users over time.

sunsilk

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Quote from: Japinat on December 03, 2016, 12:40:00 AM

Quote from: n0ne on December 02, 2016, 12:00:27 AM

Quote from: sunsilk on December 01, 2016, 11:46:07 PM

Quote from: ananas99 on December 01, 2016, 02:33:26 PM

Blockchain gives people the opportunity itself to act as banks, holding Bitcoin digital wallets on their computers or smartphones. This is the best that can offer Bitcoin users.

Don't forget the fast transactions that can give by bitcoin whenever we are going need to send some bitcoins to our friends or relatives.

And for those people who will not going to believe bitcoin today, then in the future they will regret it in the end when they sees bitcoin flies high.

Yeah, people who don't like to be a part of the bitcoin will truly feel for it in the future. Price as well the acceptance of bitcoin from local stores is getting increased. Banks will be following the technology of bitcoin to grab the attention of common man too.

They try to compete with bitcoin as they see that bitcoin is very progressive and they want to imitate the system, but one thing they can't imitate is bitcoin being decentralized because banks will always be centralized like the government is, this believer will of bitcoin will not adopt in something centralized as they find freedom online.

They are not trying to compete with bitcoin because they can see the potential of bitcoin and they will abuse it for their service to offer.

Banks are canning they will not enter a game that they know their services will be outdated and lose to some new crypto currency.

So instead of competing, they are adopting it and possibly they are the ones who will implement tax to bitcoin.

abayan

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Quote from: freedomgo on December 04, 2016, 08:40:09 AM

Quote from: ?? on ??

Quote from: Japinat on December 04, 2016, 07:34:04 AM

Quote from: agamasrori on December 04, 2016, 06:47:55 AM

Quote from: Edward Snowden on December 03, 2016, 06:50:36 PM

I believe in privacy rights so I must believe in bitcoin. We need to take control of our future and the first step to doing that is by investing in bitcoin and losing our dependency for the almighty USD.

Bitcoin was proof it self being the strongest cryptocurrency, good alternative for people who get saturated of using paper money and such as investment too like you said. Bitcoin have so many benefit so we should believe in bitcoin.

That's why we are here because we do believe that the future of bitcoin will bring us good results for our investment. In terms of investment it's good but in terms of currency my evaluation is not really good compared to fiat since it has only a limited way to use it unlike fiat that all transaction honor fiat and it is widely use by all people for their daily transaction activities.

I'm looking at this for those people who believed and adopted bitcoin as of now including us. The advantage is in us, because we are able to get into the bitcoin earlier and the price is not that final and considering that it will increase for the next years to come, so when that time come and we are holding bitcoins that is the advantage to get profit with bitcoin.

I am liking the idea that the price will increase next year, we should be celebrating now and be happy since we are in the community very early and since we are early, for sure we can reap more benefits in the future if we continue to work our ways in a productive manner.

well we should expect the price of bitcoin next year compare with the price right is high because of the demand of it, because lot of people know bitcoin and using it. Well you are right lot of benefits we could get in the future so we should be positive and celebrate Cheesy

Boss CJ

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Isn't its good market flow has not convice you yet? If you still have hesitation then you should go thorough research. I am new here in bitcoin industry but I am very convince as I do research and read posts and testimony of many people, that is enough for me and now my next step is to invest now in trading.

freedomgo

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Quote from: ?? on ??

Quote from: Japinat on December 04, 2016, 07:34:04 AM

Quote from: agamasrori on December 04, 2016, 06:47:55 AM

Quote from: Edward Snowden on December 03, 2016, 06:50:36 PM

I believe in privacy rights so I must believe in bitcoin. We need to take control of our future and the first step to doing that is by investing in bitcoin and losing our dependency for the almighty USD.

Bitcoin was proof it self being the strongest cryptocurrency, good alternative for people who get saturated of using paper money and such as investment too like you said. Bitcoin have so many benefit so we should believe in bitcoin.

That's why we are here because we do believe that the future of bitcoin will bring us good results for our investment. In terms of investment it's good but in terms of currency my evaluation is not really good compared to fiat since it has only a limited way to use it unlike fiat that all transaction honor fiat and it is widely use by all people for their daily transaction activities.

I'm looking at this for those people who believed and adopted bitcoin as of now including us. The advantage is in us, because we are able to get into the bitcoin earlier and the price is not that final and considering that it will increase for the next years to come, so when that time come and we are holding bitcoins that is the advantage to get profit with bitcoin.

I am liking the idea that the price will increase next year, we should be celebrating now and be happy since we are in the community very early and since we are early, for sure we can reap more benefits in the future if we continue to work our ways in a productive manner.

Japinat

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Quote from: agamasrori on December 04, 2016, 06:47:55 AM

Quote from: Edward Snowden on December 03, 2016, 06:50:36 PM

I believe in privacy rights so I must believe in bitcoin. We need to take control of our future and the first step to doing that is by investing in bitcoin and losing our dependency for the almighty USD.

Bitcoin was proof it self being the strongest cryptocurrency, good alternative for people who get saturated of using paper money and such as investment too like you said. Bitcoin have so many benefit so we should believe in bitcoin.

That's why we are here because we do believe that the future of bitcoin will bring us good results for our investment. In terms of investment it's good but in terms of currency my evaluation is not really good compared to fiat since it has only a limited way to use it unlike fiat that all transaction honor fiat and it is widely use by all people for their daily transaction activities.

agamasrori

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Quote from: Edward Snowden on December 03, 2016, 06:50:36 PM

I believe in privacy rights so I must believe in bitcoin. We need to take control of our future and the first step to doing that is by investing in bitcoin and losing our dependency for the almighty USD.

Bitcoin was proof it self being the strongest cryptocurrency, good alternative for people who get saturated of using paper money and such as investment too like you said. Bitcoin have so many benefit so we should believe in bitcoin.

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