Do you remember back when Bitcoin was like 1 cent each? This is the kind of scenario they are hoping to use for profit over time. I would say it's a good investment if you are smart about what you invest in and do some research on it.
Post
Topic
BoardBitcoin Discussion
Re: Do Banks fear cryptocurrency
by
coachhip
on 17/11/2017, 00:21:13 UTC
Banks are afraid of cryptocurrency because it would force them to innovate. The banks don't want to innovate for the most part because they are making good money and don't want change.
Post
Topic
BoardSpeculation
Re: Bitcoin reaches 8000 USD
by
coachhip
on 17/11/2017, 00:10:29 UTC
So hyped! Nobody knows where btc will be a year from now! $100,000 or $1?
Post
Topic
BoardBitcoin Discussion
Re: Bitcoin: more than just currency
by
coachhip
on 16/11/2017, 23:55:45 UTC
I totally agree with you. Bitcoin is so much more than just a global currency worth $$$.
Post
Topic
BoardBitcoin Discussion
Re: How I lost almost 300,000 USD in seconds
by
coachhip
on 16/11/2017, 23:50:27 UTC
It's too bad that you lost all that money. Next time you are investing in cryptocurrency be sure to spread out your investment over several different types so you won't have so much risk.
Post
Topic
BoardBitcoin Discussion
Re: What is the best source of bitcoin nowadays?
by
coachhip
on 16/11/2017, 22:04:47 UTC
In my opinion, the best way to currently get bitcoin is to buy it, but you can also earn it through micro tasks in the services section. I like both options myself.
Post
Topic
BoardSpeculation
Re: Why bitcoin so expensive?
by
coachhip
on 16/11/2017, 21:53:17 UTC
People give bitcoin value, its value comes from people buying it and selling it too. Since its hard to mine bitcoin, the value of bitcoin goes up.
This is probably just a fluke, it will probably rise again shortly, probably to even higher heights.
Don't Count on it,
History is repeating itself , last all time high was near Nov 13th right before the crash that lasted years. (Only this time , Bitcoin Cash can replace it.)
╥Aztek
This is scary for btc, thanks for sharing this information. I hope that bitcoin stays stable at some point soon.
Post
Topic
BoardBitcoin Discussion
Re: Do you think digital currency will ever replace paper money?
by
coachhip
on 10/11/2017, 21:54:44 UTC
I doubt it, but it's possible. It takes longer to confirm than paper money takes to transfer in in-person transactions, however.
Post
Topic
BoardBitcoin Discussion
Re: Bitcoin Will Kill The Income Tax
by
coachhip
on 10/11/2017, 21:53:27 UTC
No, it won't, bitcoin is just an alternate currency and when it's cashed out to fiatt the government will take what it wants of the income.
Post
Topic
BoardBitcoin Discussion
Re: So Bitcoin is better than Gold?
by
coachhip
on 07/11/2017, 21:35:20 UTC
It's not necessarily better, but it's global and fast to send overseas.
Post
Topic
BoardBitcoin Discussion
Re: Do you USE your BTC?
by
coachhip
on 06/11/2017, 00:06:18 UTC
I prefer to hold it. Holding may be a gamble though.
Post
Topic
BoardTrading Discussion
Re: buy bitcoin from coinbase from anywhere in world.
by
coachhip
on 23/03/2016, 02:13:16 UTC
Interesting idea. Thanks.
Post
Topic
BoardGoods
Re: Looking to buy older smartphones with bitcoin!
by
coachhip
on 22/03/2016, 20:14:10 UTC
Ill sell you a iPhone 3g if you want. Pm me a offer.