Three reasons to invest in Bitcoin - page 24.

sapnu

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Quote from: CryptoBry on August 20, 2017, 11:08:32 AM

Quote

1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.

These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.

Those are all true. Investing to Bitcoin will surely give profit to its investors as well as its users. Bitcoin is continuously growing. Its demand and market value is still rising. We should encourage more people to invest in Bitcoin for its demand to continue rising. If we will be able to encourage others, there's a huge probability that it will be legal to most of the countries in the future.It is a good investment because there are lots of ways to make profit out of it. Just by holding your Bitcoin, you will already earn big profit, so it is really worth investing.

bitgoldpanther1978

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I think bitcoin became popular too because of Money transfer, were the merchants all around the world are sending money through remittances outlet. Also If you have bitcoin it is 100% you're the only one who can control it not by anyone. Cheesy

Farma

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Quote from: iluvpie60 on August 24, 2017, 10:24:57 AM

Quote from: CryptoBry on August 20, 2017, 11:08:32 AM

Quote

1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.

These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.

To me, the biggest two reasons to invest in bitcoin and use bitcoin, is you can do it over the internet to anyone anywhere for a reletively low fee

You can also count on the blockchain ledger to be accurate for the amounts sent/receieved as being correct and not able to be changed/edited/reversed. Good for people who want to buy /sell things online, where ebay can screw you over because someone lies and complains, you cannot do that with BTC

So many advantages in using bitcoin. The price is always up alone, has become the reason why we use bitcoin. In addition, investing in bitcoin, always gives us a bigger business advantage than investing elsewhere. A fairly fast transaction rate is also one of the reasons.

Wintorez

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Quote from: CryptoBry on August 20, 2017, 11:08:32 AM

Quote

1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.

These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.

I did not have three reasons, but the fact that investing in bitcoin is profitable is undeniable. Only the longer you wait, the worse for you.

GreatOrchid

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Quote from: UsernameBitcoin on August 25, 2017, 11:42:23 AM

1) Best investment of all time

2) It is something new and you can control your own money

3) Why not? Cheesy

Bitcoin is a good investment at the moment, but i dont think it has been the best investment of all the time..
There have been better investments that this, i will give you a few examples:
- gold, a few centuries ago it was ten times cheap than now.
- petroleum - those who started producing it, has made more fortune that the world has.
I think there are better options on this world right now, bitcoin is a way to invest, but not the best.

ethereumhunter

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Quote from: setupbounds on August 26, 2017, 03:52:09 AM

Quote from: krishnapramod on August 24, 2017, 05:54:45 AM

Quote from: CryptoBry on August 20, 2017, 11:08:32 AM

Quote

1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.

These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.

Bitcoin is compared to gold not because its value is not controlled by governments, but because it's supply is limited as that of gold, scarcity, store of value. Obviously, limited supply, higher demand, value will naturally increase.

Like Gold, Bitcoin is a safe haven asset. Value increases during political or economical uncertainty/crisis, but unlike gold, Bitcoin is not correlated to other assets. It's a new asset class and that makes it a good investment.

Quote from: kryptqnick on August 24, 2017, 03:42:54 AM

Bitcoin is #1 in every important aspect. It is sort of obvious that no matter how high the price is, it is and always will be a great investment. And yet it's just too hard to overcome thoughts that btc was worth a couple of dollars and then when it was worth hundreds, the price already seemed to high to consider in as an investment. My father lives in a poor country and has a $300 salary per month (which is an average salary here). He doesn't invest into altcoins. He earns some btc and spends it but he has 1 btc he just stores for better times. Once it was just $800 but it's already $4k. I realize it's a promising coin and the price might even go up and up again but it's just too hard for me to consider investing it such an expensive coin when there are so many cheap and improved ones.

I don't know about the improved ones, but do know about the cheap ones. A whole Bitcoin is expensive and will become more expensive in future, but you necessarily don't have to buy a whole Bitcoin, it is divisible, invest on fractions of Bitcoin, 0.001, 0.01, 0.1.

Yes to earn bitcoins in fractions or investing into them in fractions is an easy and affordable method of gaining this expensive coin. The whole bitcoin is not affordable for most of the traders. If one can afford complete bitcoin, that is so cool and amazing but to generate one, you need to earn it in pieces.

i think this is the other benefits from bitcoin which we can invest on fractions of bitcoin and i think many people attracted to bitcoin because of this. if we don't have big money, then we can still invest in bitcoin, we can adjust in how much we want invest so in future, when bitcoin price is increase high, we have one investment which can bring a lot of profit to us.

setupbounds

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Quote from: krishnapramod on August 24, 2017, 05:54:45 AM

Quote from: CryptoBry on August 20, 2017, 11:08:32 AM

Quote

1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.

These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.

Bitcoin is compared to gold not because its value is not controlled by governments, but because it's supply is limited as that of gold, scarcity, store of value. Obviously, limited supply, higher demand, value will naturally increase.

Like Gold, Bitcoin is a safe haven asset. Value increases during political or economical uncertainty/crisis, but unlike gold, Bitcoin is not correlated to other assets. It's a new asset class and that makes it a good investment.

Quote from: kryptqnick on August 24, 2017, 03:42:54 AM

Bitcoin is #1 in every important aspect. It is sort of obvious that no matter how high the price is, it is and always will be a great investment. And yet it's just too hard to overcome thoughts that btc was worth a couple of dollars and then when it was worth hundreds, the price already seemed to high to consider in as an investment. My father lives in a poor country and has a $300 salary per month (which is an average salary here). He doesn't invest into altcoins. He earns some btc and spends it but he has 1 btc he just stores for better times. Once it was just $800 but it's already $4k. I realize it's a promising coin and the price might even go up and up again but it's just too hard for me to consider investing it such an expensive coin when there are so many cheap and improved ones.

I don't know about the improved ones, but do know about the cheap ones. A whole Bitcoin is expensive and will become more expensive in future, but you necessarily don't have to buy a whole Bitcoin, it is divisible, invest on fractions of Bitcoin, 0.001, 0.01, 0.1.

Yes to earn bitcoins in fractions or investing into them in fractions is an easy and affordable method of gaining this expensive coin. The whole bitcoin is not affordable for most of the traders. If one can afford complete bitcoin, that is so cool and amazing but to generate one, you need to earn it in pieces.

Carlsen

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To reason number 1:
I do not think you can compare bitcoin to gold.
Of course they can both seen to be an investment and a form of payment.
But gold is needed by the industry as well.
That is a very big advantage compared to bitcoin because it ensures a certain degree of demand, and that always!

CARrency

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Quote from: UsernameBitcoin on August 25, 2017, 11:42:23 AM

1) Best investment of all time

I think it is really great but not the best of all time, bitcoin is still volatile, volatility is not that good in investing because you don't know what might happen so you just take the risk.

Quote from: UsernameBitcoin on August 25, 2017, 11:42:23 AM

2) It is something new and you can control your own money

It is here in this world for 8 years now so I don't think it is still new. But yes, you can control freely your money.

Quote from: UsernameBitcoin on August 25, 2017, 11:42:23 AM

3) Why not? Cheesy

Well, all of the people here wants to risk since many people do the same and become successful. I think too because I also did the same, it is not that much still I think my investment is successful.

Schuyler

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Quote from: AK47- on August 25, 2017, 10:11:24 AM

Quote from: yugyug on August 25, 2017, 03:38:03 AM

1. inflation- price of bitcoin is much higher than gold, investing for long term goal.

INFLATION??

Inflation is something that leads to the devaluation of a commodity with time. Bitcoin is completely opposite to that. Bitcoin still have some minor inflation which will keep on decreasing with halving and would ultimately become negative in 2140 when all Bitcoins will be mined. Bitcoin has inbuilt deflation and hence its price will increase with time. A single Bitcoin can buy you more in coming years, this is termed as deflation, not inflation. Demand is surpassing supply.

One of the biggest problems with our current dollars and other currencies used around the world is inflation. Over time all currencies lose purchasing power at a rate of few percents per year mainly because governments keep printing more money. Well,if I have a bitcoin I will invest in it because while it lasts, its rate rises

TastyChillySauce00

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Not that the industries consider bitcoin as the new gold but they just got attracted because it has value. But, due to the high volatility behaviour of bitcoin make many companies thinking twice to accept or implement bitcoin.
The rest point you mentioned, I must honestly agree.
Talking about the limited amount of bitcoin supply, I'm pretty curious whether bitcoin could hold on and keep its value (higher or lower) until the amount of bitcoin circulated in the market reach its peak.

TheCoinFinder

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Bitcoin has been proven a successful investment platform.It is strange for those who still are unaware of its aspects.
The main reason why to invest in bitcoin is to earn profits from its volatility. Portability is a secondary reason.

nicster551

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Quote from: radjie on August 25, 2017, 10:24:16 PM

Quote from: CryptoBry on August 20, 2017, 11:08:32 AM

Quote

1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.

These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.

I think bitcoin in this year can be the best investment type, because bitcoin progress can be seen in this year experiencing many changes, besides bitcoin price in this year is able to jump higher than the previous year. The popularity of bitcoin will continue to increase as people can see bitcoin prices easily change so quickly that it is very good if used as an investment asset.

Yes it is a very good investment asset where everyone can be able to earn a huge profit just by holding it and grow their money. The bitcoin popularity also affects its price that's why it result to a higher bitcoin price but it can cause a higher transaction fees.

Rahar02

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The article mentioned about 3 reasons to invest and also 3 reasons not invest in bitcoin.
I believe there are more than 10 reasons to invest in bitcoin but mostly people only care about how my money could growing in bitcoin.
Well, actually your money doesn't growing, bitcoin gain more value because people buy it causes its price increase, and after you cash out bitcoin, its price decline. Which means, you just take other people's money indirectly, that's why bitcoin is so volatile.

Bitcoin is very volatile – In the ten years it has existed, Bitcoin has been prone to major bubbles and painful crashes.

Don't worry about bitcoin value, it will increase as time goes on due to limited supply of bitcoin.
But, the best reason to invest in bitcoin is because it has real usability as medium of exchange, you know it's useful and better than fiat currency which constantly losing its value over time.

radjie

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Quote from: CryptoBry on August 20, 2017, 11:08:32 AM

Quote

1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.

These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.

I think bitcoin in this year can be the best investment type, because bitcoin progress can be seen in this year experiencing many changes, besides bitcoin price in this year is able to jump higher than the previous year. The popularity of bitcoin will continue to increase as people can see bitcoin prices easily change so quickly that it is very good if used as an investment asset.

tamarindbleu

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Quote from: CryptoBry on August 20, 2017, 11:08:32 AM

Quote

1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.

These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.

Yeah there are so many interesting reason why to choose Bitcoin and investo to it.Bitcoin is growing much and getting important role in economic ( investment, payment processing
- Bitcoin support for easy buying products and services online
- More and more shop accepted bitcoin everyday.
-inflation of price of bitcoin that we can't deny at all is much higher than the gold that we know, investing for long term goal.

xuan87

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Quote from: CryptoBry on August 20, 2017, 11:08:32 AM

Quote

1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.

These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.

I like these three reasons, especially the first one, people like to have some investment which is hidden from everyone especially from the government, and Bitcoin can't be controlled by the government and it is hard to tracked, but the main reason I think because Bitcoin shows a fantastic growth in price, no Fiat investment ever grow as fast as Bitcoin, and because of the limited amount it makes Bitcoin more valuable in the future, Bitcoin investment is really good for the future

Colt22

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Quote from: skyline247 on August 24, 2017, 11:08:00 AM

Someday people will dream to own just 1 Bitcoin. Like today people dream of being a millionaire you will dream to have just 1 Bitcoin. But unfortunately it will take a long time for this to happen and also a lot of work, but it will happen (I think so, anyways).

Yes it is possible but it takes time, and the truth is you have to work a lot for the precious things, and yeah bitcoin is a kind of precious things so we have to work hard to make 1 BTC. But I think you can easily make 2 BTC per month, I think it because of you rank. And soon when bitcoin will reach at $10000 then it will make you millionaire within 2 years.

BitFinnese

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Quote from: iluvpie60 on August 24, 2017, 10:24:57 AM

Quote from: CryptoBry on August 20, 2017, 11:08:32 AM

Quote

1. It’s gaining mainstream credibility as industry players consider it as the new gold – Bitcoin has many of the same qualities of gold, whose value is not controlled by governments.

2. Many investors and finance industry experts are serious about the promise of Bitcoin – A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class.

3. There is only a limited amount of Bitcoin – There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time.

Source here.

These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above.

To me, the biggest two reasons to invest in bitcoin and use bitcoin, is you can do it over the internet to anyone anywhere for a reletively low fee

You can also count on the blockchain ledger to be accurate for the amounts sent/receieved as being correct and not able to be changed/edited/reversed. Good for people who want to buy /sell things online, where ebay can screw you over because someone lies and complains, you cannot do that with BTC

Are you sure it is really a low fee transaction? I can send a $400 transaction with a fee of $3 while I recently sent 0.09 ($400) BTC and the miners charged me around $12 that is $9 higher. I think the lower fee in using Bitcoin is gone, though I still encourage people to invest in Bitcoin due to one some reason, market is not yet saturated and it is the current trend so expect to have an increasing value as we hold Bitcoin for a long time.

UsernameBitcoin

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1) Best investment of all time

2) It is something new and you can control your own money

3) Why not? Cheesy

Topic: Three reasons to invest in Bitcoin - page 24. (Read 7557 times)