Re: Is it a good long term investment to buy 1 BTC today?

Well, I think many will say yes with the intention to pump price. But I think it's worth if you consider the technology and the potential for adoption it has.

If you will take time to back read on the post of the members here they are not saying yes, instead they want it to invest more than one bitcoins because we have to be realistic and although we are optimistic that the price will increase but definitely up to the amount base on the demand only and we will not see it will increase more than a 100 times.

I think the more effective way to increase the price is to promote bitcoin to every platform and have to invite everyone to the field of bitcoin to use this currency for their transactions and for their businesses.

thats true, more and more people have to know about it in order for the price to become huge over time

it will helps in such a way but its much better to allow them to use it too not just by holding it and store it from their wallet the more uses that will bring the more demand it will take and if this coin will be use more coming from diff adoption it will bring more value and chain reaction so better to invest for safer profits in return.

Agree. We should use it not only watch it nor just store it in your wallet because in bitcoin every one should contribute by using their bitcoin something sending amd receiving not only storing. Cycle so that the community of bitcoin will be nice. And grow up

That is the best way to make bitcoin more stronger currency in future and the circulation of bitcoins will surely help the economy in positive way and it will also contribute to higher price of bitcoins.

yeah, you need to have bitcoins and spend it from time to time in order to make the currency stronger and stronger

That is right. Spending the bitcoin to buy things make it more useful as a currency, so the price will rise.

Spending it constantly will make it more stronger just like what you said and would attract more user. Just like anything or stuff, the more you use it and patronize and buy it the more people will buy. Because they see that it is really effective and efficient.

You are all correct, spending bitcoin itself would surely help the bitcoins ecosystem to developed even more and would able to increase its price, if theres a circulation the would be definitely a progress which is good for long term for all bitcoin users. Holding coins is good but we must obliged ourself to spend even a little portion of it.