Should I believe in Bitcoin ? - page 8.

gabmen

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Quote from: Mbah Slamet on February 08, 2017, 11:48:23 PM

Certainly, bitcoin is still promising as a means of payment and investments. With increasing number of users, I'm sure that someday there will be countries that accept bitcoin as a legitimate means of payment.

As far as i know, there are already some companies that accept btc as payments though its not yet that widespread. I think there will be a time when it will happen that you'd have an option whether to make transactions through btc or fiat. But for that to happen i think mkre people should believe in bitcoin and how it can change online transactions

delliaerd

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Quote from: Rahar02 on February 08, 2017, 11:55:23 AM

Depends on what kind of purpose did you mean by invest on bitcoin, buy at cheaper price and sell it at higher price?
It will be always happen in my opinion, as we know all this time, bitcoin price decrease but always recover and rise again and again.
Believe in bitcoin? That just for bitcoiners and who choose to. Many of us pretending believe in bitcoin but panic sell if the price decline.

Doing panic selling when the price falls is a bad decision. This is because they did not believe that the price of bitcoin will rise again. The last few weeks bitcoin price has dropped to $ 750 but bitcoin prices rose again, up to more than $ 1,030. Those who do panic selling out of fear they will run out of capital, it has made a mistake.
So do not worry about bitcoin because it is usefull so all people will interested with it, and I am sure about it.

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Quote from: TheUltraElite on February 09, 2017, 05:19:06 AM

Quote from: Mbah Slamet on February 08, 2017, 11:48:23 PM

Certainly, bitcoin is still promising as a means of payment and investments. With increasing number of users, I'm sure that someday there will be countries that accept bitcoin as a legitimate means of payment.

With increasing number of users the price of bitcoin will rise more and hence more users will turn to trading of bitcoin. Now if we see the actual users of bitcoin, its only a small fraction of users of the entire global population but then again its popular in communities and not populations.

Even then people mainly believe in bitcoin because of price fluctuations and that trading on bitcoin is profitable. Altcoin trading is also profitable and in turn worth investing in. It may not become worldwide but certainly will become a much bigger picture in the coming years.

Pretty much agree with your points. I see anyone join or involved in Bitcoin once he will not step back. Even he'll start believing Bitcoin more and more when he see the benefits of Bitcoin And know that Bitcoin is really worth the trust.

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Quote from: TheUltraElite on February 09, 2017, 05:19:06 AM

Quote from: Mbah Slamet on February 08, 2017, 11:48:23 PM

Certainly, bitcoin is still promising as a means of payment and investments. With increasing number of users, I'm sure that someday there will be countries that accept bitcoin as a legitimate means of payment.

With increasing number of users the price of bitcoin will rise more and hence more users will turn to trading of bitcoin. Now if we see the actual users of bitcoin, its only a small fraction of users of the entire global population but then again its popular in communities and not populations.

Even then people mainly believe in bitcoin because of price fluctuations and that trading on bitcoin is profitable. Altcoin trading is also profitable and in turn worth investing in. It may not become worldwide but certainly will become a much bigger picture in the coming years.

yes the increasing price of bitcoin is really the proof that people are believing bitcoin. we can see that the number of bitcoin users are increasing continuously and they are also investing their big amount for trading alt coin and investment in bitcoin. and that is the reason that the price of bitcoin is continuously increasing and i am hopeful that this trend will even continue for next few years.

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Quote from: Mbah Slamet on February 08, 2017, 11:48:23 PM

Certainly, bitcoin is still promising as a means of payment and investments. With increasing number of users, I'm sure that someday there will be countries that accept bitcoin as a legitimate means of payment.

With increasing number of users the price of bitcoin will rise more and hence more users will turn to trading of bitcoin. Now if we see the actual users of bitcoin, its only a small fraction of users of the entire global population but then again its popular in communities and not populations.

Even then people mainly believe in bitcoin because of price fluctuations and that trading on bitcoin is profitable. Altcoin trading is also profitable and in turn worth investing in. It may not become worldwide but certainly will become a much bigger picture in the coming years.

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Quote from: Digital_Lord on February 08, 2017, 03:01:36 AM

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Quote from: philggg on February 07, 2017, 02:17:22 PM

Bitcoin is a fluctuating currency, if you buy know you may gain when it rises,so kindly buy bitcoin because it apprecia the in vslue

You are right with it and that's why many investors liked to invest in bitcoin. Because of that fluctuation there is a chance to get profit easily when the price moves up and also the sad thing is that when the price starts to fall then that's going to be an effect that you are not going to earn good where you can possible lost instead of earning.

when it comes on bitcoin than the case will totally change . bitcoin is not a pump and dump thing. it is a big currency and the price ups and downs is a common thing for bitcoin. and its happening since it's start. I don't think little price down cause any loses to bitcoin users.

Actually those whales are making it a pump and dump thing and the advantage is always in them[1]. They are the ones that contributes most with it, because of a lot of bitcoins that they are holding, they are just buying and selling bitcoin. And when the price reach already in higher peak they will just dump it and when the price is kinda low again they will pump it again[2].

[1] But not 100% of the time the advantage is on them. For example, they were pumping the market and when they were about to dump, somebody has already dumped a huge amount of bitcoins. The profit was basically stolen from the whale. Pump and dump is not always a success because if it was, then this market should be pumping and dumping a lot. There's still risk to it.

[2] Like I said, why are we not seeing a pump and dump market right now? It's because pump and dump is not always a success even if you've been doing it for a long time already. The market detail is accessible by everyone and anyone can steal the profit from your pump and dump scam.

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Certainly, bitcoin is still promising as a means of payment and investments. With increasing number of users, I'm sure that someday there will be countries that accept bitcoin as a legitimate means of payment.

Rahar02

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Depends on what kind of purpose did you mean by invest on bitcoin, buy at cheaper price and sell it at higher price?
It will be always happen in my opinion, as we know all this time, bitcoin price decrease but always recover and rise again and again.
Believe in bitcoin? That just for bitcoiners and who choose to. Many of us pretending believe in bitcoin but panic sell if the price decline.

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Quote from: Pattart on February 08, 2017, 03:45:39 AM

Quote from: philggg on February 07, 2017, 02:17:22 PM

Bitcoin is a fluctuating currency, if you buy know you may gain when it rises,so kindly buy bitcoin because it apprecia the in vslue

bitcoin has a very rapid price fluctuations, if you want to invest in bitcoin bitcoin you have to believe in because if you do not believe necessarily that will only harm you because prices will go up and down very quickly and could possibly make you panic

Believe and understand how things work with btc, if you dont know what kind of nature you are in you might not understand the flow. before entering in btc world make sure to know more about it then decide if you are fine with it. personally btc is good opportunity to earn so i believe that with this i can gain something.

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Quote from: philggg on February 07, 2017, 02:17:22 PM

Bitcoin is a fluctuating currency, if you buy know you may gain when it rises,so kindly buy bitcoin because it apprecia the in vslue

Every trader has that day when their currency dips and they buy a huge volume of it. Then when prices rise they sell it and the profit is gained.

Currently bitcoin rising prices made it a target for traders since the fluctuating price is profitable and many people have joined the trading league of bitcoin. Altcoin trading and altcoin mining is also profitable.

People believing in bitcoin is a bit skeptical since they mostly trade on it rather than use it as currency - specially where I live since almost none of the merchants here accept bitcoin.

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Quote from: Pattart on February 08, 2017, 03:45:39 AM

Quote from: philggg on February 07, 2017, 02:17:22 PM

Bitcoin is a fluctuating currency, if you buy know you may gain when it rises,so kindly buy bitcoin because it apprecia the in vslue

bitcoin has a very rapid price fluctuations, if you want to invest in bitcoin bitcoin you have to believe in because if you do not believe necessarily that will only harm you because prices will go up and down very quickly and could possibly make you panic

I think that in general most investments are a thing of believe.
When you look in the past of bitcoin you see that it had its downs, but it always recvovered from that.
So from my point of view, yes, believing in bitcoin (and maybe investing as well) is not the wrong thing to do.

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Quote from: philggg on February 07, 2017, 02:17:22 PM

Bitcoin is a fluctuating currency, if you buy know you may gain when it rises,so kindly buy bitcoin because it apprecia the in vslue

bitcoin has a very rapid price fluctuations, if you want to invest in bitcoin bitcoin you have to believe in because if you do not believe necessarily that will only harm you because prices will go up and down very quickly and could possibly make you panic

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Quote from: lol3c on February 07, 2017, 06:19:56 AM

Quote from: bravehearth0319 on February 07, 2017, 04:49:07 AM

Quote from: Financial_Genius on November 10, 2015, 01:13:39 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?

almost all member of this community are bitcoin believers or bitcoin fanatic maybe 1% are not, but those are poor in knowledge in bitcoin. Therefore, if you are here it means you are part of the community that had a chance to become a millionaires because of bitcoin someday. So you don't have to worry about it, just don't you ever forget to save bitcoin now, yes! start save bitcoin now...

Indeed. BUy Bitcoin right now and you will collect a lot of reward in about 10 years later. Believe me. 5 years before, there was a guy who introduced me Bitcoin but I did not believe in what he said. Now, I feel very regret about what I did in the past. If I had put my money in Bitcoin, I would have be rich by now

same with me Sad

when there is some people ask me to join investment on something called bitcoin , but that time i really have no time to even make any research about this phenomenon thing ever created on the internet.

regret are just regret you can not back to the past , now are the time to moving forward and to not wasting opportunity, don't do the same mistake, now you have to believe in bitcoin power that have exist for almost ten years!

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Quote from: philggg on February 07, 2017, 02:17:22 PM

Bitcoin is a fluctuating currency, if you buy know you may gain when it rises,so kindly buy bitcoin because it apprecia the in vslue

You are right with it and that's why many investors liked to invest in bitcoin. Because of that fluctuation there is a chance to get profit easily when the price moves up and also the sad thing is that when the price starts to fall then that's going to be an effect that you are not going to earn good where you can possible lost instead of earning.

when it comes on bitcoin than the case will totally change . bitcoin is not a pump and dump thing. it is a big currency and the price ups and downs is a common thing for bitcoin. and its happening since it's start. I don't think little price down cause any loses to bitcoin users.

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Bitcoin is a fluctuating currency, if you buy know you may gain when it rises,so kindly buy bitcoin because it apprecia the in vslue

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Quote from: lol3c on February 07, 2017, 06:19:56 AM

Quote from: bravehearth0319 on February 07, 2017, 04:49:07 AM

Quote from: Financial_Genius on November 10, 2015, 01:13:39 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?

almost all member of this community are bitcoin believers or bitcoin fanatic maybe 1% are not, but those are poor in knowledge in bitcoin. Therefore, if you are here it means you are part of the community that had a chance to become a millionaires because of bitcoin someday. So you don't have to worry about it, just don't you ever forget to save bitcoin now, yes! start save bitcoin now...

Indeed. BUy Bitcoin right now and you will collect a lot of reward in about 10 years later. Believe me. 5 years before, there was a guy who introduced me Bitcoin but I did not believe in what he said. Now, I feel very regret about what I did in the past. If I had put my money in Bitcoin, I would have be rich by now

well the fact that we're talking here in bitcointalk tells us already that we believe and trust in bitcoin and we're all hoping for the betterment of this cryptocurrency. it would have been nice if that happened to me and btc was introduced to me a bit earlier but hey lets just maximize whatevers given to us right?

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Bind faith would not be a good idea, the amount of belief in bitcoin is relative to the currency you are selling in order to buy it and the currency you earn every day. Quite a simple test would be to check if your national currency has been using Quantitative easing to support government fiscal spending via the national bank. If you are in such a country it could lead to great currency weakness, relatively you should have faith in bitcoin to a greater extent. If you are in country suffering both budget deficit, trade deficit and failed currency standards like this then do think about where your earned value is stored, not just government paper notes.

Most western countries have compromised currency in some way and should be hedged via some means, bitcoin is a viable consideration OP

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Quote from: bravehearth0319 on February 07, 2017, 04:49:07 AM

Quote from: Financial_Genius on November 10, 2015, 01:13:39 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?

almost all member of this community are bitcoin believers or bitcoin fanatic maybe 1% are not, but those are poor in knowledge in bitcoin. Therefore, if you are here it means you are part of the community that had a chance to become a millionaires because of bitcoin someday. So you don't have to worry about it, just don't you ever forget to save bitcoin now, yes! start save bitcoin now...

Indeed. BUy Bitcoin right now and you will collect a lot of reward in about 10 years later. Believe me. 5 years before, there was a guy who introduced me Bitcoin but I did not believe in what he said. Now, I feel very regret about what I did in the past. If I had put my money in Bitcoin, I would have be rich by now

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Quote from: Financial_Genius on November 10, 2015, 01:13:39 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?

almost all member of this community are bitcoin believers or bitcoin fanatic maybe 1% are not, but those are poor in knowledge in bitcoin. Therefore, if you are here it means you are part of the community that had a chance to become a millionaires because of bitcoin someday. So you don't have to worry about it, just don't you ever forget to save bitcoin now, yes! start save bitcoin now...

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Quote from: ethereumhunter on February 07, 2017, 03:34:08 AM

Quote from: Mr.grin on February 07, 2017, 02:23:03 AM

Quote from: wahb on February 06, 2017, 04:55:10 PM

Quote from: andycarrol on February 06, 2017, 05:38:39 AM

yes we must believe with bitcoin because the price and value of Bitcoin is indeed designed to increase as time goes by. Thus bitcoin will have a good future, in addition to a Global reserve currency is increasingly losing its value, while the value of Bitcoin growing.

bitcoin is one of the most popular crypto currency and is becoming more and popular as time pass. bitcoin is now becoming one of the most important part of our life. therefore those people who do not believe will compel to start believing bitcoin.

Well, I just feel sad when there are people who do not believe in bitcoin, and said that it was just a hoax on the internet. I always find people like that, and most people like it on social media. I always believed in bitcoin since I first knew him, and it gave me a lot of advantages.

me too although in out there we can see that many people won't believe in bitcoin especially if bitcoin can give us big opportunity to earn some money. before we do anything, i think we should believe so it will work properly for us, and maybe we need to give or share our knowledge with other people so they will believe in bitcoin and want to use bitcoin.

all users should be able to believe in bitcoin. because they already know in about bitcoin. besides believing in bitcoin are things that need to have when you invest in bitcoin. because by believing in bitcoin. then you're not going to be easy to panic when something happens in bitcoin

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