Bitcointalk name: jayram
Bitcointalk account URL:https://bitcointalk.org/index.php?action=profile;u=1123468
Rank: member
Current post count: 96
ETH Address:0xf9dC0d4BCaA548332D7D18041C89a13D5ec799ec

Bitcoin price is governed by the law of supply and demand, since the supply of bitcoin is fix at twenty one million compared to the growing demand were seeing, bitcoin price will surely go up. This demand is fueled by people who are now seeing the advantages of owning bitcoin whether its for investment purposes or using it as a currency. I think that bitcoin is designed to be used by everyone, even the price is now at $15000 the number of users are just at around 2% of population. By time time bitcoin users increase to 10% the value will be at $100k

I own some bitcoin since August 2017, back then the price per 1 bitcoin is just about $4000, When the price hits $6000 I was very happy with the gains that I started spending the profits by buying stuff. After a few weeks the price began to drop, afraid of losing, I pull out almost all my investments. That lack of trust will cost me potential gains that could have made me a millionaire in just a couple of months. What I am suggesting is bitcoin will surely increase in time and the best thing to do is to save and trust your bitcoin.

Bitcoin is a limited asset with only 21 million, and as the demand grow, I am certain that its value will also increase, given this fact, it is wise to invest in bitcoin. Since last week bitcoin is currently undergoing price correction this week  which is after a very good run to $17k, I believe that now is the best time to invest, after the holidays I think bitcoin will start to gain momentum as investors will probably buy more.

I think its just normal for bitcoin to drop since it has increased so much in the past month, this is just normal for any crypto or even in the stock market. The reason is that people who previously invested are taking their profits. I think this is a good opportunity for people to invest since bitcoin price drop is actually followed by a good rise which is based on bitcoin price history. Bitcoin is not dead, its alive and kicking.

I think we all know the future of currency and that is going fully  digital, and bitcoin I think will lead the way to make that revolution to happen. Yes, I am definitely confident that bitcoin is here to last and I think saving for my children is a wise decision, especially since bitcoin growth is so huge, maybe saving some will atleast made them millionaires in the future.

Yes any government can ban the use of bitcoin in their country, it is their right and privilage to do so. But I think many countries are starting to realize the advantages of having a paperless currency and the future it holds and are now supporting it.

This is good for bitcoin as well as other crptocurrencies, this can be considered as an advancement to the technology as we are getting closer and closer to bitcoin’s goal which is to be used as an actual currency  for buyng and paying goods and services. I think many will follow this in the future.

Its a good development that many stores are now accepting bitcoin as payment, but there are  issues that need to be addressed before it will actually be successful. That problem is Very high transaction fees, if we are going to buy a burger using btc vs paper money, it will cost much more using btc. But I’m positive that this problem will be resolve in the near future.

I really did not expect bitcoin will grow this fast, I was kind of disappointed to myself because 2 weeks ago, I cash in most of my bitcoin, in anticipation of a correction, but the opposite happens and the price jumps from 11k to 17k in just a week.

There are many ways to get bitcoins, the easiest is buying bitcoin for trading and long term investment, if you can spare some time, you can also try participating in bounty campaigns, many developers offers bitcoin and other tokens as a reward for advertising their product.

If your goal is long term investment, I think your still not late, bitcoin will only grow in thr future, though there will be fluctuation/ ups and downs along the way which is normal in any investment. The key to success is to keep investing, buy when the price is low, never sell just hold your bitcoin.

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Bitcointalk username: jayram
Account URL: https://bitcointalk.org/index.php?action=profile;u=1123468
Rank: Member
Starting post Count:80
Date of Join: December 15, 2017
Bitcoin address: 3J7R2Kxc1NuwF29XxFQso3eqV3T5p9Mhba

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I think that is the real idea of bitcoin to be used as a payment system, but right now people are holding theirs in the hopes of growing their money. I believe tha there will be time where people will began spending their bitcoin as soon as the prices stabilize. Bitcoin should also fix the issue of high transaction fees in order for bitcoin to be fully utilized.

Yes, I would definitely buy bitcoin still despite its current prices, I think bitcoin will continue to grow next year due to its growing demand and popularity, many businesses are now ready to accept bitcoin as payments for their goods and services, and with supply constant, there is only one way to go for its value, up.

To decide what’s better for your life, you need to analyze the advantages and disadvantages of getting a regular job vs doing bitcoin. First category you need to look is profitability, which of the two gives you a better income? Second you nedd to look is sustainability, how long will it last? Is bitcoin for long term or just temporary, will your job build your carreer advancement? Third is which of the two makes you happy? Which can improves your quality of life, gives you more time for your family and your hobbies?

Its not late for you to buy and invest in bitcoin, despite the current price, bitcoin prices will continue to go up, the reason is right now demand is at all time high and bitcoin is becoming more popular but its supply remains the same. By the law of supply and demand, there is just one way to go for bitcoin, and that is upward.

Bitcoin is a digital currency which aims to revolutionalize the world through improving our financial system, bitcoin aims to ease our money transactions and provide minimal to no transaction fees when sending or receiving money anywhere in the world.
Bitcoin is also an asset where people can invest either short or long term to grow their money.

Bitcoin has grown significantly this year by over 10 times, for some bitcoin is overprice and buying is not even practical, but for me despite the price, I am still buying bitcoin. It is easy to buy whwn you are not looking on the price a year ago, but rather looking forward to the price a year from now. I think bitcoin will continue to grow due to its increasing demand and market reach.

Price drop is likely to happen considering it also climb so fast, but that do not mean that ot will keep falling, if we study the bitcoin price trend over the last 3years, when bitcoin price drops a much larger price rebound is bound to happen. I suggest keep the faith and wait.