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Topic: The power of Bitcoin - page 10. (Read 4951 times)

full member
Activity: 270
Merit: 100
May 24, 2017, 07:04:48 AM
#26
as long as people use it, there will always be bitcoin  Grin
full member
Activity: 140
Merit: 100
May 24, 2017, 06:38:41 AM
#25
The power of Bitcoin, $10,000 Bitcoin Investment in 2010 Now Worth $200 Million
well, it takes us 7 years to get that amount of money. And you have to be a very very patient person because I doubt that someone can hold bitcoin for 7 years without selling it. why don't you try to invest money in XRP. The price have just x100 after only 3 month Wink $100 will become $10000 after 3 months

This is something im looking for. i do believe also on XRP. well i hope not just a hype. But still i believe no other altcoins can replace Bitcoin. and if XRP beat BTC i would be glad to become a millionaire. lets see what will happen after 6mos. Smiley
hero member
Activity: 924
Merit: 500
May 18, 2017, 11:04:43 AM
#24
The power of Bitcoin, $10,000 Bitcoin Investment in 2010 Now Worth $200 Million
yeah it has a great value more than before, it may be fluctuated sometimes but the dev doesnt allowed everyone to lost their investment money in bitcoin, they can manage the issues so very well. that will be the reason why from $10000 it increase too $200M im hoping that it will increase its value because bitcoin helps me very much in all of my daily needs.
hero member
Activity: 714
Merit: 501
May 18, 2017, 10:41:55 AM
#23
The power of Bitcoin, $10,000 Bitcoin Investment in 2010 Now Worth $200 Million
well, it takes us 7 years to get that amount of money. And you have to be a very very patient person because I doubt that someone can hold bitcoin for 7 years without selling it. why don't you try to invest money in XRP. The price have just x100 after only 3 month Wink $100 will become $10000 after 3 months

many of us did and already took our money out back to bitcoin.
in an investment it is all about risk management. and when it comes to investing in an altcoin, specially one such as XRP which has a high risk of massive dumping, you get a very high risk factor. and things will only work for short term and never long term. which means it is nearly over now to invest in any altcoin.

but when it comes to bitcoin, the risk factor is much smaller in comparison and the reward is great.

and as for not selling, it is not that hard. when you believe in bitcoin and also when you invest the money you don't need and can afford, then it becomes easy. you don't need that money to want to sell so you wait and watch it grow 200% each year the safest way possible.
hero member
Activity: 518
Merit: 500
May 18, 2017, 10:31:24 AM
#22
The power of Bitcoin, $10,000 Bitcoin Investment in 2010 Now Worth $200 Million
well, it takes us 7 years to get that amount of money. And you have to be a very very patient person because I doubt that someone can hold bitcoin for 7 years without selling it. why don't you try to invest money in XRP. The price have just x100 after only 3 month Wink $100 will become $10000 after 3 months
hero member
Activity: 896
Merit: 500
May 18, 2017, 10:23:30 AM
#21
Yeah bitcoin has gained a lot in value but is currently failing in its original purpose to be a cheap method of both transfers and payments by users.

At this rate its soon going to end up being a currency only for the ultra rich and big organisations.

It usual to increase the fee since the value of bitcoin are inflating, Don't be sensitive and think about miners that process all the transaction. It is just like our taxes here. Once the product are fluctuating then taxes will follow too.
legendary
Activity: 1904
Merit: 1074
May 18, 2017, 10:20:57 AM
#20
I can bet you nobody anticipated Bitcoin will become that successful back in 2010. I would most certainly not have invested $10 000 into Bitcoin at that

stage. It would be nice to know, if someone out there had invested that type of money into a untested technology  Huh .... I know some guys who

bought some bitcoins in 2010, but they lost most of it in MtGox.  Angry
legendary
Activity: 3052
Merit: 1273
May 18, 2017, 10:20:43 AM
#19
Not just its value, but there are lots of things as well as features to be looked for to determine the power of Bitcoins.
Bitcoin showed and proved that it has the potential to remain the number 1 crypto even after so many competitors popped up and tried to steal its place.
member
Activity: 112
Merit: 10
May 18, 2017, 10:15:21 AM
#18
Yeah bitcoin has gained a lot in value but is currently failing in its original purpose to be a cheap method of both transfers and payments by users.

At this rate its soon going to end up being a currency only for the ultra rich and big organisations.
hero member
Activity: 1008
Merit: 540
May 18, 2017, 10:13:50 AM
#17
Think that when you use bitcoin from the start and bought almost 300bitcoin and stocked them till now then how much profit did you get by the time past and the present one? Not the power of bitcoin its the power of user that gets demand from bitcoin to get the price increase into like this.
full member
Activity: 355
Merit: 100
Gric Coin - Redefining Agriculture and Increasing
May 18, 2017, 10:04:26 AM
#16
Well that's an advantage in the bitcoin. Can we think in the future if the continue using bitcoin, there are chances that the price we can get is very large and profitable for ourselves. But you need to know, all this happened not because of coincidence but because of the hard work for us to want to see the bitcoin become larger. Because when we do not strive to the maximum in order to realize the dream of bitcoin then everything is just a memory
 
The real power or the capacity of bitcoin is not yet measurable for ow because there us so much more in bitcoin if there will be more development in the future. For now we could just see how fast the price of bitcoin changes but i am looking forward for more positive changes of bitcoin that the community and the developers can bring to it. Transaction is the number one asset of bitcoin because it makes transaction easy and reliable. If more wallet will be made there will be more people to used bitcoin on the daily transaction.
legendary
Activity: 3276
Merit: 2442
May 18, 2017, 09:52:13 AM
#15
The power of Bitcoin, $10,000 Bitcoin Investment in 2010 Now Worth $200 Million

can the power sustain in the future ? hopefully bitcoin can repeat the history.

This can't be repeated because there isn't enough dollars in circulation to support bitcoin. To go from 10k$ to 200M$ (100kbtc) bitcoin gained 20k times of its value.

If it repeats again, 200M$ would become 4.000.000.000.000,00$ (1btc = 40M$)

BTC marketcap would become: 21M x 40M$ = I can't calculate that many zero's sorry.

Impossible.
full member
Activity: 266
Merit: 100
May 18, 2017, 09:45:33 AM
#14
Bitcoin is becoming powerful more day by day.As the day passes it might be possible it will reach upto 4000$ by the end of this year and in the next year we have a target of reaching bitcoins of $10k,well you might regret then that you should have invested bitcoins by now.
full member
Activity: 140
Merit: 100
May 18, 2017, 09:40:26 AM
#13
The power of Bitcoin, $10,000 Bitcoin Investment in 2010 Now Worth $200 Million

can the power sustain in the future ? hopefully bitcoin can repeat the history.
hero member
Activity: 1470
Merit: 655
May 18, 2017, 09:31:42 AM
#12
;)Bitcoin is magical, just a few years ago is still very low value, but inadvertently, he just like spring coming, everything grows, straight up and up. Grin

there is nothing magical about it. it in fact is very logical.
there is a demand for bitcoin and it is increasing each year with more adoption and since there is always going to be a limitation on how much bitcoin is available, the price rises and will continue to rise as long as this demand is growing which it is growing.
hero member
Activity: 896
Merit: 514
May 18, 2017, 09:29:13 AM
#11
The power of Bitcoin, $10,000 Bitcoin Investment in 2010 Now Worth $200 Million

Well, that is if you invested in bitcoins. People who trusted the technology will likely be rewarded for their bold move. That is how it is. Like what happened when Apple was just starting. Only a few risked their money there but in the end, look at what they have now. That's how investment works, place you money right and you'll be a millionaire one day.
newbie
Activity: 28
Merit: 0
May 18, 2017, 09:27:08 AM
#10
who buy at 2$ btc few years ago now are millioners nice growing lol
hero member
Activity: 588
Merit: 500
May 18, 2017, 09:22:28 AM
#9
well, that is what you get for seeing potential when others are having their head in the sand. back then there were same bullshit of "bitcoin is dead and gonna die" flying around. those who kept their ears shot and used their own brains are the winners of today and tomorrow.

and each day that passes it is one cheap coin opportunity that is slipping through their fingers.
I think you don't understand that there are many people who have not free money and it's normal that people count bitcoin as high risk investment. Yes we have heard many stories already how people get rich on bitcoin, but all of them bought it for very cheap money. Today when the price is close to 2000$ investment in bitcoinsounds much more risky. For example my monthly salary is 300$, I even can't buy a bitcoin. But I have found the strategy for myself and people like I am - I put on the side 20% of my bitcoin earnings in the campaign and gambling. I have just began, but the sum seems not so bad already with nonstop growing bitcoin's price.
legendary
Activity: 3080
Merit: 1353
May 18, 2017, 09:18:11 AM
#8
How bitcoin is powerfull???
Though the statement to me is clear enough,  but let me try to give this simple example, early this year around January 1BTC was sold around $880-$920, and now its $1822.37. No Altcoin has achieved that, so how can you not consider it being Powerful

You can't compare btc to any alt-coin.

As for bitcoin, yes we already saw its power in terms of its price surge. The price is more than the 1 ounce of gold now. Who would have imagine that? No one. But many of us who has believed and stayed with bitcoin through the years is reaping the rewards. The power of bitcoin has reached Africa, Asia, Europe and the US. Even a country is now backing up bitcoin and more will follow. They understand what effect bitcoin will have in the financial landscape and they want to maximize its full potential. And I believed that bitcoin price will really skyrocketed in the future. So the power of bitcoin has far reaching effect to the general public globally.
legendary
Activity: 2996
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
May 18, 2017, 09:15:49 AM
#7
from zero to hero i have to says the situations for bitcoin just like this that since bitcoin reach to the highest price in the history i think people in the world has more concern for Development of bitcoin and for those who had stay in bitcoin currently get the benefit from cryptocurrency world so bitcoin has showing to us his power
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