Topic: The reason that keeps me from investing in bitcoin - page 9. (Read 15401 times)
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the reason for me to keep investing in bitcoin is because i know maybe this is my only chance to earn money for now and for future. but i am not too often use my money to investing and i think so far i can buy at the lower price before the price is increase or recover. but for now i am not buying bitcoin again and i only want to waiting for another increasing price.
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 think you got a point there.Myself when I started using Bitcoin,my wallet offered free transactions service.At that time I was really enjoying it.But now after that Bitcoin network surged,I started paying 10-15$ worth of bitcoins as transaction fees.This is really huge and I'm really hoping that SegWit will solve this in the near future.I even started defending myself from buying small things that I like because of these freaking fees.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
Even though I don't regret using/investing on Bitcoin,just buy some and forget about them.In 1-2 years you will see how your bought bitcoin took value in only 1-2 years.Good luck mate
For me personally there is no such thing as make me not investing in bitcoin, i really believe that bitcoin is very good hope and remain optimistic can continues to benefit including investing in bitcoin. There is no thing / reason anything what makes me not to invest bitcon, cause i believe the price / value of bitcoin will be higher in value by over time.
I really can not think of any reason not to invest in digital Bitcoin, the prospect of space, value-added stability, the future block of the lay
only 1 reason that makes me stick with bitcoin investment, that I am sure will be the price that always increases. Well, every year, bitcoin prices always go up, although sometimes it's slow. but for this year, bitcoin prices go up very quickly.
Yes, everyone here is for the money so I guess this is the main reason for us to be here. Its just how to make money out of it. Are you a big investor or just casual like me? Are you bag holders, easily panic when there is a dip or you are really on it for the long haul. So it really depends on how a individual take advantage of bitcoin's giving us the potential to earn.
Trading is that kinds of job which is giving me good profit in short time.And bitcoins price is rising day by day.So,it's very easy to earn bitcoin by investing in bitcoin.I think bitcoin investment is more safe than any altcoin investment.Bitcoin high price is another advantage of it and I guess at the end of this year bitcoins price will hit 7000-8000$ for sure.So,I think this all reasons keeps me investing on bitcoin.
Yes, trading for some is really profitable that's why I said that bitcoin has given us a lot of opportunities. It's just how you manage it and mitigate the risk so that you can maximize your profit either in trading or just investing.
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
Segwit will lower the fees but I do not see why the fees are stopping you from investing in bitcoin, that is going to be solved so stop worrying and invest in bitcoin if that is the only reason that is stopping you from doing it. 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
Don't look on the big amount transaction mate, instead look for the amount of your withdrawal. Besides, bitcoin will become 10, 000$ by next year. And there's saying that this coming September are aiming bitcoin to become 5, 000$ so let's hold on unto it. 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
Trading is that kinds of job which is giving me good profit in short time.And bitcoins price is rising day by day.So,it's very easy to earn bitcoin by investing in bitcoin.I think bitcoin investment is more safe than any altcoin investment.Bitcoin high price is another advantage of it and I guess at the end of this year bitcoins price will hit 7000-8000$ for sure.So,I think this all reasons keeps me investing on bitcoin.
With the recent trend, bitcoin price always up, that should be good for trading instead of just holding it. The number of our bitcoin can grow and the value keep rising.
Trading is that kinds of job which is giving me good profit in short time.And bitcoins price is rising day by day.So,it's very easy to earn bitcoin by investing in bitcoin.I think bitcoin investment is more safe than any altcoin investment.Bitcoin high price is another advantage of it and I guess at the end of this year bitcoins price will hit 7000-8000$ for sure.So,I think this all reasons keeps me investing on bitcoin.
only 1 reason that makes me stick with bitcoin investment, that I am sure will be the price that always increases. Well, every year, bitcoin prices always go up, although sometimes it's slow. but for this year, bitcoin prices go up very quickly.
There is so good reason to keep investing in bitcoin is that the bitcoin prices will compulsory gone up in future and the direct reason is the investment will increase day by day as per bitcoin rate.
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
Bitcoin for me is meant to be an investment because the returns of it just for saving is really huge when you compare it to other businesses. If you wanted to spend bitcoin then better spend it in large amount transaction because when you spend it that way, you will not worry so much about the fees.
The high fee is temporary, it will come and go. Hopefully it will go and never come back one day. Today as I see it, bitcoin is more used as an investment than an actual day to day currency. I believe it would be a good choice investing in bitcoin now. Do whatever you feel like
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.
Investing in bitcoin is one of the best way to gain more income and money. Furthermore, as of now many people already invest in bitcoin and I think even richest families also invest in bitcoin and some of them are whales because they have a lot of bitcoin. Lastly, I think investing in bitcoin is better than in investing in any properties or shares.Actually, You are wrong here Bitcoins investing is a risk. We do not what happen next its price can go down in minutes we don't even get a time to sell so we will lose much money.
On the other hand, If we buy some property which is a great investment its price always increases or at least we do not lose our money if it is invested in right property at right time. Bitcoin is actually doing great right now but how long? No one knows!
We need to remember that our ecosystem is still in the early adopter phase,
but now that it seems the scaling debate has been resolved (at least for now) and Bitcoin has survived all the drama (for the most part).
Bitcoin will go mainstream, and we know that BTC supply is fixed - demand is not - as a result, price of BTC will skyrocket in the next years.
Op, I wouldn't worry about tx fees when your profit from buying/holding Bitcoin might be so amazing to compensate for that many times over.
but now that it seems the scaling debate has been resolved (at least for now) and Bitcoin has survived all the drama (for the most part).
Bitcoin will go mainstream, and we know that BTC supply is fixed - demand is not - as a result, price of BTC will skyrocket in the next years.
Op, I wouldn't worry about tx fees when your profit from buying/holding Bitcoin might be so amazing to compensate for that many times over.
The fees isn't static and IMO it will self-correct, it's just about how much people are willing to pay to be included in a TX and so, with SegWit and with the change in block sizes most likely incoming, it wouldn't be strange to see the fees falling with the rise in block size and hence the number of TX's in each block.
Also the average fees for a normal 1 input 1 output TX can be as low as 0.0001 or less depending on the time of day, and that's around 40 cents, it's not low but it isn't $3.
Also the average fees for a normal 1 input 1 output TX can be as low as 0.0001 or less depending on the time of day, and that's around 40 cents, it's not low but it isn't $3.
I’ve been studying the bitcoin market for some weeks now and I have to say the market is a very fragile one that has to be handled with both hands(by this I mean handle it with care). The market could come crashing in some weeks and it could also gain, but its rate is too fast and unpredictable.
I don't see any way to lower the fees all we can do is adjust in that price because if we even solve it temporarily then also it is gonna give the problem again later and that time it will be much bigger so better do it now. I think if somehow we can do like dividing out fees into many small parts or time. Or we should use altcoins instead of Bitcoin they are extremely fast and extremely low money wastage. but the only problem is the price.
Also that is not really a reason to not invest in bitcoin, if all you are going to do is to hold then who cares about the fees, the fees are a problem for all of those that need to move their bitcoin regularly not for the holders that are not going to move their coins in years.
btc will increasing every month
double investing in only 5/6 month
double investing in only 5/6 month
Well the reason why I keep investing into bitcoin is I believed by 2018 it will reach 13000$, then bitcoin volatility keeps me helping me so much with this matter. And I also believed that bitcoin could give big savings in the future,.
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