Quote from: Positid on November 12, 2016, 11:57:43 AM

Quote from: Harlot on November 12, 2016, 08:29:14 AM

Quote from: freedomgo on November 12, 2016, 08:22:50 AM

Quote from: Carlsen on November 12, 2016, 07:56:35 AM

Quote from: CasioK on November 11, 2016, 05:58:21 PM

Quote from: BitHodler on November 11, 2016, 05:40:47 PM

Bitcoin will reach $1000 when the time is right. If you don't have the patience and understanding of how the current market works, then you're at the wrong place.

Yes, bitcoin will reach miracle price levels but the answer of the question of when is only at the right times, we do not have any other options other than waiting patiently for that miracle to happen. Maybe we are having the option to earn more bitcoins so that we could achieve our dream of richness in quick time.

Buying and holding bitcoins to get rich, I think these times are over.
I can imagine bitcoin to reach a level of a few thousand dollars, but nothing more.
It would need a lot of dollars today to buy bitcoins in an amount where it would make people rich once bitcoin has reached that level.
And it won't go up that quick, so the dollars invested can't be touched, otherwise the investment plan is over.
I think somebody who can buy enough bitcoins now most likely is already rich.

Not over for us who believes that bitcoin has till more room to grow, we cannot see the future and though the price of bitcoin is increase or is big now as you can see it. There's still chances that it will increase and you have to put a decent amount of money to earn significant income.

It's hard to say this but getting rich by holding Bitcoin is not ideal for growth investors. If you think that the 700$ price per Bitcoin will double in value to 1400$ is the way of getting rich it might possible but it has a thin chance. Also if you meant of getting rich is for bitcoin to double its value, you can't be rich with that as it depends on how much you invest and how will it appreciate more through time.

Well, under the situation you need to invest a bigger amount of money as well. If for one year you have a good feeling that the value of bitcoin will increase then you have to raise a funds whether you take a loan and just wait for your money to grow. Seems easy but the risk is there.

yes that is a fact that if you really want to become rich from gambling you need to invest a good amount in bitcoin and then to hold it for a long time and only then you can really make a good profit from gambling.