Topic: Why would people want to invest in 'Bitcoin'? (Read 2841 times)

Pretty nice explanation here! I don't think the boy needs anymore explaining now

Ironically the only ones making money in this market are the permabears.

hmm why invest ? jeez idk... to make money ? Just a wild guess.

I think people would have preferred bitcoin much, if the price had been at a stable value.
A lot of people stay away from investing, specally due to the volatilityy.

Bitcoin is the future, fighting it is futile. (or at least blockchain is the future)

K.

Bitcoin is the gold. Altcoins will be like the dollars that you spend. Notice how all altcoins are priced in btc. Btc is the standard.

Fear in banking institutions bailing out your account and defaulting on your ass. Also, privacy concerns, increasing every year. Also, you may be very very rich in 10 years.

Wrong.

First, transactions are instant. You are probably confusing transaction time with confirmation time.

Second, you're still wrong, here's why:

As for this:
Because market awareness and acceptance of any other crypto than Bitcoin is a complete and utter joke.

But hey, fortunately it's a free world. Invest in 'more advanced' crypto or in fiat all you want.

Tough for people to consider Bitcoin as an asset class they can invest in. They can look at it as a highly speculative punt.
When people can put money on horses, they can definitely put money on Bitcoin. 

Good point, but I don't agree about the brand: the brand is the strong point of Bitcoin and what makes it keep the leader position in the market. When you buy Bitcoin, you buy a brand.

still difficult to predict when it will happen, the opportunity to profit is still open, but the magnitude of the risks of investing bitcoin make us do not recommend you to invest in in this digital currency.

All of your rest are true, but when i using 'bitcoin' i feel free because of don't have to pay extra fees and bitcoin can be exchanged through any altcoins.

Seems forum attack by top ten crypto market.

I guess, you are.. 

Anything innovative will have early adopters, including
any publicly trading company.  Still, I think Bitcoin
has better distribution than any altcoin, especially
since high block subsidies are being given for years.
The fact that price is low today ($240) compared
to last year, gives plenty of people the opportunity
to get on board.



I trust the grandfather of cryptocurrency.  Even if he
dumps, it will only crash the price, not the technology.



You are making the noobish mistake of conflating transaction
time for confirmation time.  Transactions are near instant.
Most real world point of sale transactions need zero confirmations.
Double spend attempts can be mitigated by probing the mempool
for various nodes.


You can't have it both ways...You can't complain that the
early adopters got all the coins and then in the next
breath complain that too many coins are still being given
away.

Anyway, the inflation isn't that high -- 10% annual,
until it drops to 5% in 2016, then 2.5% in 2020 etc.



That is done on purpose for security reasons.
see here:
https://download.wpsoftware.net/bitcoin/alts.pdf



Let people short sell if they want.  Don't care.


Promises?  Who said Bitcoin was a get rich quick scheme?


I usually send for no fee or a fraction
of a penny.  



It's the best brand.  
Logo is pedestrian, but don't care.


Well, that's your opinion, and perfectly valid,
but I disagree.  I think it has potential to
increase 100x in the next 10 years.


Bigger market cap makes it more stable than any alt.


Don't see that.  GHash is only at 9% now.
https://blockchain.info/pools


Obviously some people want it
or they wouldn't keep paying
to support them.   I really
don't care.


Who is?  What ethical values?  Non point here.  Don't care.


Besides Gavin agreeing to see the CIA
to answer questions, what other
evidence do you have of this?

Don't care.


Bitcoin is THE innovator...plus look at all the BIPs.



You love having it both ways, don't you...
You were just complaining all the hype is gone.


Can't help what the media does... Don't care.



Naive comment.

In proof of work, Marginal Cost = Marginal Revenue.
see this: http://www.truthcoin.info/blog/pow-and-mining/


Ok...so it does.



Nice try, FUDSTER...this isn't the transaction fee.
This chart represents "miners revenue divided by the number of transactions"

At least two of your points are very valid:
Congrats on presenting some way-above-average quality FUD.

Why would people want to invest in 'Bitcoin'?
BTC has the strongest, most secure network which probably cannot be hacked.
Also, Bitcoin has a huge head start, and many people investing in related companies.
BTC is the gold standard for "digital gold".

If it is just a coffee, they wouldn't even bother retrieving the CCTV footage and trying to track you. 

bad reputation from early history (drugs, guns, childporn, darkweb ...)

I think every currency has this problem.....

Well, the fact that a transaction is supposed to cost $8.20 is just false. These numbers are derived from the fact that the initial distribution of all allotted coins coincides with the transaction of existing coins.

Indeed it is falling slowly.! atleast thats what I know.!

Well he's right, Litecoin works as it is, it was intended to be an alternative to BTC, thats all. For revolutionary stuff you have MaidSafe, Litecoin is just a coin.