Topic: The reason that keeps me from investing in bitcoin - page 16. (Read 15436 times)
As you can see bitcoins value is still rising up. This keeps people investing into bitcoins. By the end of the year it is expected to have $5000 value of 1btc. Looking at the investors point of view, he/she will probably invest a lot amount of btc today and just hold it until the value increases overtime. Well for me its just the same, I wanna earn bitcoins and then hold it until the end of 2017 to gain profit. Also bitcoin has lest risk of failing a transaction therefore attracting people to invest because its easier to be involve and control the flow rather than in real life currencies there's a limit on your capabilities to control.
Hello everybody.
I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years.
I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin?
The only thing I see : big amount transaction
But bitcoin won't be the money you use to buy your sandwich with those fees!
I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?
Will segwit may lower the fees?
Thank you
The reason that keeps me on investing into bitcoin isee because it is the strange thing that I have but although it is strange it do provide income to help my mom in our daily expenses. Also I can hold it for a long period of time wherein I can gain because bitcoin's price is keep on rising from time to time.I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years.
I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin?
The only thing I see : big amount transaction
But bitcoin won't be the money you use to buy your sandwich with those fees!
I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?
Will segwit may lower the fees?
Thank you
Hello everybody.
I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years.
I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin?
The only thing I see : big amount transaction
But bitcoin won't be the money you use to buy your sandwich with those fees!
I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?
Will segwit may lower the fees?
Thank you
I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years.
I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin?
The only thing I see : big amount transaction
But bitcoin won't be the money you use to buy your sandwich with those fees!
I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?
Will segwit may lower the fees?
Thank you
Please don't be put off by the current price of fees, this issue is currently being addressed and very soon BTC will be back to the promise of being virtually free to send. So invest now in the greatest opportunity of our lifetimes.
Investment in bitcoin or crypto currency with your spare money to me is the best option as compared to keeping your money in the bank without any additional intrest on your money. This is because bitcoin or crypto currency is the future in terms of investment. You can equally invest in some other currency that are at the ICO level before the lunch.
Actually, investing in bitcoin with your momey is a good option because bitcoin is profitable and you can assure that you could earn and make a good profit. In addition to that, as of now many people already invest im bitcoin they see the great potential of bitcoin. I think if you invest in bitcoin few years a ago I guess right now you are one of the millionaire in the world. 
The reason why I'm still investing in bitcoins because as we can see the potential of this coins is so huge, I think this coins will pump up and goes up to the moon , probably it will range at 4k USD to 5k USD end of this year. I believe that sooner or later it will become global and even our government will acknowledge this soon.
I have no reason, because I have invested bitcoin and it's been a long time ago, I also think bitcoin prices will always uplift every time and every year all has happened in the year before.
Bitcoin is going global as many countries have started to make it as a legal currency. Once major countries do it cash transaction will decline to an extent and btc will replace it. The demand will keep rising and the prices may also rise. After 1st Aug instead of a dip as it was expected the bitcoin price is just on a one way which is upward. So it is the best investment at this time.
I have no reason, because I have invested bitcoin and it's been a long time ago, I also think bitcoin prices will always uplift every time and every year all has happened in the year before.
That is really for me the biggest problem that bitcoin is currently facing. I still cant say if the segwit method either the hard fork method can give the solution because obviously right now the hard fork may seem to fail
mystic future of btc makes me worry sometimes
In terms of what makes you worry for investing in bitcoin? Is it because of fear the price drops, or maybe fear your bitcoin will be lost due to hacked?
I don't think that there should be a reason for you to keep away from investing in Bitcoin. If you are afraid of the risks, you should not invest in the first place because every investment has a risk. There isno investment that has no risk and with guaranteed returns. Those risk are manageable as long as you understand what you are investing to. Conducting your own research and studies will help you.
Hello everybody.
I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years.
I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin?
The only thing I see : big amount transaction
But bitcoin won't be the money you use to buy your sandwich with those fees!
I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?
Will segwit may lower the fees?
Thank you
I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years.
I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin?
The only thing I see : big amount transaction
But bitcoin won't be the money you use to buy your sandwich with those fees!
I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?
Will segwit may lower the fees?
Thank you
You should practice using fiat when only buying a small amount of goods and use only bitcoin when it's a little expensive or much more than that. There's always a way if you think about it.
I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?
Will segwit may lower the fees?
Will segwit may lower the fees?
If you have money, do not hesitate to invest on bitcoin, consider it as your long term investment as bitcoin value will always increases as time goes on, as has been proven so far.
Bitcoin created to be an alternative currency, but the problem is bitcoin can't afford too many transactions every second, so the fees increase in order to process transaction faster. yes, who wants to buy $2 fee for $5 burger? No one. That's why we've been waiting for segwit be activated and be solved those problems. I think SegWit can do that, but time will tell us the truth whether is it really works or just temporary solution?
I think if you are looking to invest for long term, Bitcoin is the best alternative as compare to Stocks or Mutual Funds. Why? Because overall, bitcoin's performance is much better as compare to both, specially this year alone. Do down 5-10 years from now, probably if you invest now, your profit could be x5 or even x10 of your initial capital. So its a good to add your your current investment portfolio.
The reason that keeps me on investing into bitcoin isee because it is the strange thing that I have but although it is strange it do provide income to help my mom in our daily expenses. Also I can hold it for a long period of time wherein I can gain because bitcoin's price is keep on rising from time to time.
Looks like you are not investing but looking at bitcoin as means to provide you and your mom income. But if you could it then it can really benefit you longer time. Yes, the price fluctuation of bitcoin is on our side now because its keeps rising day in day out. We can see profit that way.
I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?
Will segwit may lower the fees?
Will segwit may lower the fees?
If you have money, do not hesitate to invest on bitcoin, consider it as your long term investment as bitcoin value will always increases as time goes on, as has been proven so far.
Bitcoin created to be an alternative currency, but the problem is bitcoin can't afford too many transactions every second, so the fees increase in order to process transaction faster. yes, who wants to buy $2 fee for $5 burger? No one. That's why we've been waiting for segwit be activated and be solved those problems. I think SegWit can do that, but time will tell us the truth whether is it really works or just temporary solution?
Hello everybody.
I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years.
I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin?
The only thing I see : big amount transaction
But bitcoin won't be the money you use to buy your sandwich with those fees!
I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?
Will segwit may lower the fees?
Thank you
The reason that keeps me on investing into bitcoin isee because it is the strange thing that I have but although it is strange it do provide income to help my mom in our daily expenses. Also I can hold it for a long period of time wherein I can gain because bitcoin's price is keep on rising from time to time. I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years.
I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin?
The only thing I see : big amount transaction
But bitcoin won't be the money you use to buy your sandwich with those fees!
I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?
Will segwit may lower the fees?
Thank you
Bitcoin is actually more suited to be an investment rather than a day to day currency. I still suggest you to buy some and hold them instead of using them, and treat them as 'gold'.
If services like fast food restaurants decides to use Bitcoin as a payment method, maybe they can come out with a method that allows for no fees between accounts, but this is just a suggestion.
Existing methods including Bitcoinpay, but it still charges a fee of 0.8%, not completely free.
I completely agree with you on this point, Bitcoin should be considered as a fixed deposit like Gold. it should not be used for our daily purposes. If services like fast food restaurants decides to use Bitcoin as a payment method, maybe they can come out with a method that allows for no fees between accounts, but this is just a suggestion.
Existing methods including Bitcoinpay, but it still charges a fee of 0.8%, not completely free.
but Bitcoin should not be used in the purpose of shopping purposes. because it is a profitable and valuable saving tool. so it should be reserved for the future purpose.
Hello everybody.
I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years.
I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin?
The only thing I see : big amount transaction
But bitcoin won't be the money you use to buy your sandwich with those fees!
I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?
Will segwit may lower the fees?
Thank you
I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years.
I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin?
The only thing I see : big amount transaction
But bitcoin won't be the money you use to buy your sandwich with those fees!
I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?
Will segwit may lower the fees?
Thank you
You should practice using fiat when only buying a small amount of goods and use only bitcoin when it's a little expensive or much more than that. There's always a way if you think about it.
Hello everybody.
I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years.
I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin?
The only thing I see : big amount transaction
But bitcoin won't be the money you use to buy your sandwich with those fees!
I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?
Will segwit may lower the fees?
Thank you
I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years.
I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin?
The only thing I see : big amount transaction
But bitcoin won't be the money you use to buy your sandwich with those fees!
I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?
Will segwit may lower the fees?
Thank you
You should practice using fiat when only buying a small amount of goods and use only bitcoin when it's a little expensive or much more than that. There's always a way if you think about it.
Hello everybody.
I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years.
I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin?
The only thing I see : big amount transaction
But bitcoin won't be the money you use to buy your sandwich with those fees!
I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?
Will segwit may lower the fees?
Thank you
Ifyou are going to invest money in lot of amounts then i am sure therr should be no issue of the fees that we needed during the transaction .I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years.
I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin?
The only thing I see : big amount transaction
But bitcoin won't be the money you use to buy your sandwich with those fees!
I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?
Will segwit may lower the fees?
Thank you
Here i would like to suggest you to just buy the bitcoin for long run because bitcoin's price will surely increase in the future because people are speedily getting in the bitcoin and increasing demand .
Here if you are thinking that future of the bitcoin is mainly depend upon the small small shoos to use then you should don't need to take tension any more because here segwit is going to change all things in this , here fee issue will be solved fully .
And also you don't forget thst therr are some third party wallets where wallet to wallet is free to send btc , so may be in the future any main third party wallet can do better thing to make buy sell small amount stuff with bitcoin easily .
The reason why I do not invest more in bitcoin is, that there is a bigger chance to lose everything.
It's not only that the price of bitcoin could decrease.
There is as well the chance that one of my wallets gets compromised for some reason.
Or that I lose my keys.
And once the coins are gone, they are gone for good.
There will always be a risk im everything you just need to learn how to fix everything and how to learn manage your emotions . Bitcoin price is not yet stable so many people are not yet investing on it.It's not only that the price of bitcoin could decrease.
There is as well the chance that one of my wallets gets compromised for some reason.
Or that I lose my keys.
And once the coins are gone, they are gone for good.
Hello everybody.
I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years.
I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin?
The only thing I see : big amount transaction
But bitcoin won't be the money you use to buy your sandwich with those fees!
I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?
Will segwit may lower the fees?
Thank you
If you do not want to invest in bitcoin then no one is forcing you to do so, but I think it is very obvious that since this is a bitcoin forum most user are going to be pro bitcoin when it comes to investment, read the forum and you will understand why we are so positive about bitcoin but at the end is your call whether to invest or not.I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years.
I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin?
The only thing I see : big amount transaction
But bitcoin won't be the money you use to buy your sandwich with those fees!
I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?
Will segwit may lower the fees?
Thank you
Jump to: