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Showing 12 of 12 results by Oldhinien
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Topic
Board Economics
Re: Is bitcoin a good way to invest your money ?
by
Oldhinien
on 24/11/2017, 15:55:45 UTC
I heard that bitcoin is a good investment for making a huge profit in the future , is that right ? Because i want to buy some bitcoin in these days .
The train is still in station but not for long, so yes, it is a good time to invest in Bitcoin, after all we contribute to the future of the financial world so is it our future not worth investing?
If you will jump into the train and invest money in bitcoin then it will become very easy for you to become successful in the future because the price of bitcoin is keep going up and once you invested i bitcoin and hold it for a lot of years then you can expect some good returns or results of your holding and that will give you a very comfortable lifestyle since you have money to afford it.



I would say, Yes many bitcoin users have came to the point were they have succesfully earned many times on investment with the bitcoin. Its really a huge profit you gettin if you do a lot of investment that is in proper way of investing. They are very optimistic of every digit happend to bitcoin.

Yes it is a good way but i would prefer to also invest in altcoins because you can even make more from altcoins than from bitcoin only so i would say invets in altcoins this way you will higher your chances for profit but know what you are doing.
I agree with you my friend started with bitcoin and he had like 100k profit or something but then he started investing in altcoins and his profit went to 1 million after he invest in i think 70 different altcoins he bought a lot of them.
Post
Topic
Board Bitcoin Discussion
Re: Future of Blockchain?
by
Oldhinien
on 13/11/2017, 14:58:14 UTC
Blockchain has been ussed for a long time and for a reason. To protect your bitcoins and save them. But i think that blockchain could become really important for bitcoin because maybe it will have it's own bank. That would be awesome.
Post
Topic
Board Bitcoin Discussion
Re: What is BTC for you?
by
Oldhinien
on 10/11/2017, 10:48:34 UTC
What is bitcoin for you? Is it a chance or a scheme to get rich? Or is it actually to keep your wealth to yourself.
What lead you into bitcoin world and what's keeping you here?

bitcoin for me is a job Cheesy, yes we have a chance to get rich from bitcoin, we can play trade, invetment etc to get bitcoin  Wink
Btc for me is my life and for me it is my job to because if bitcoin would die then i would have nothing anymore and i really trust bitcoin.
So i hope bitcoin will go even higher in value so i can make some more money Cheesy
Post
Topic
Board Economics
Re: Is it possible for the bitcoin to lose it's value ?
by
Oldhinien
on 09/11/2017, 16:04:19 UTC
No it is not possible why because bitcoin is very high at the moment it can not go down to straight a couple of dollars that takes time and in that time bitcoin will get pumps and forks and it will go even higher than it has ever reached.
Post
Topic
Board Bitcoin Discussion
Re: The future of Bitcoin
by
Oldhinien
on 07/11/2017, 16:47:06 UTC
The future  of bitcoin would be that it is being used by a lot of people and that it will grow to almost kill all banks and maybe even be numer one exchaneg and beat paypal and other like ideal i would think that will be the future.
Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin make Banks disappear?
by
Oldhinien
on 31/10/2017, 09:29:30 UTC
It seems that experts say that Bitcoin 'Here to Stay,' But Banks Could Disappear.


"TheStreet: How do you think FinTech will impact the way banks operate?

Frank Schwab: Banks either react on, or they will disappear. Anyway, the consolidation of the banking industry accelerates as the behaviour of people changes. Some banks will benefit from [FinTech], some will be pushed to the back end, and some will disappear."
http://www.thestreet.com/story/13419089/1/bitcoin-here-to-stay-but-banks-could-disappear-says-fintech-expert.html

What's your read on that?


I read a quote saying “Bitcoin will do to banking industry what emails did to the postal industry”.
In the past banks have playes significant role in financing in loans to the public. As gold and silver have been replaced with fiat currency,the banks have reached an almost omnipotent position.
More likely that governments will co-opt crypto and begin issuing their fiat money as a crypto.

The fact that there are some countries that are already open to integrating blockchain is a clear indication that bitcoin is a no joke and indeed a very good investment to have.
Bitcoin is a big threat to the normal banks in today's time because if people get to know that with bitcoin they can fully control their money and spend it whenever and where ever they want unlike banks which do no give any control over our deposited money.Moreover banks may create restrictions and limitations that prevents the person from using his own money.Once more people start feeling this difference, they will start abandoning banks and will use more of thr cryptocurrencies like bitcoin and other altcoins.No taxes can be imposed on them therefore people will use more of the crptocurrencies.
I agree with you that bitcoin is a big thread for banks because banks know they will lose their clients to bitcoin if they know the reality and if they know they can control their own money this easily maybe in the future it could make  banks disappear but that only happens when almost 90% uses this.
Post
Topic
Board Economics
Re: The dream of getting rich with bitcoins
by
Oldhinien
on 30/10/2017, 09:37:05 UTC
The dream is true because one of my friends got very rich from bitcoins he bought a house 2 cars and started a small company of his own he makes websites for his clients gains money from that and he mines bitcoins through his company.
Post
Topic
Board Economics
Re: Money above all things, Yes or no ?
by
Oldhinien
on 13/10/2017, 10:56:34 UTC
Yes i can agree on that you need money to survive almost everything to survive costs money and that is why money should be the most important thing for everyone without that you would be possibly dead by now.
Post
Topic
Board Bitcoin Discussion
Re: Do you keep buying?
by
Oldhinien
on 10/10/2017, 15:05:42 UTC
Bitcoin price keeps increasing. Price is x10 considering last year. Even 25k-50k-100k is predicted.

Are you adding more bitcoin by buying with cash? or you trade or invest in ICOs & altcoins in order to increase the amount you have?

or do you just hold what you have?

Right now bitcoin is out of the question for me, too expensive. I am trying to invest in altcoins now in ICOS and so far I have had good trades, but only in small numbers. I am planning to widen my scope of altcoins and raise my budget for it, but since I dont want to go all in, I think I ll have to wait some time. But really, if you can hit a jackpot with a cheap altcoin with just a $100, you may get a bitcoin quick.
I agree with you that is also what i am doing right now because i am still a student and to buy bitcoin for me is actually impossible because i have a lot of thins to pay before i can think of buying bitcoins i rather earn them through here or some other place.
Post
Topic
Board Bitcoin Discussion
Re: What are your plans with your Bitcoin?
by
Oldhinien
on 05/10/2017, 09:27:45 UTC
My first plan of bitcoin Is to hold it for future because it will rise! I hope to the sky Smiley

Hahaha yes that would be awesome ! If i had a lot of bitcoins i would convert them to euro's. I would then enjoy my life and give some money to charity's. I would buy a new gaming setup new gaming laptop, because now Im playing with 30 fps on games and sometimes 60fps Sad. I hope with the new gaming laptop i would be able play all games with a stable 60 fps all the time. That would be awesome.
Post
Topic
Board Speculation (Altcoins)
Re: is it better to invest in bitcoin or ethereum ?
by
Oldhinien
on 05/10/2017, 09:20:26 UTC
Investing in Bitcoin is smarter because now you can see that bitcoin is rising you could have bought more bitcoins when the price was at a price of 3200 dollars. Many people sold their coins then.

You could have now more money because now its around 4200 dollars see 1000 dollar increase you could have money for nothing if you were smart.
Post
Topic
Board Economics
Re: Is it possible for the bitcoin to lose it's value ?
by
Oldhinien
on 02/10/2017, 08:10:27 UTC
It is possible as you can see after the ban of China. Bitcoin was dropping hard bitcoin is stoppable. Bitcoin is not stable and it could go down with a few countries banning bitcoin.

I think it would go down, but now japan has added support to Bitcoin. So it would be a bit stable.