We are entering an era of multiple digital currencies, and many of them will survive. Bitcoin is certain to be one of them, but it can't be number one for every factor. Where do you think Bitcoin will stay as number 1
Store of value
Services in addition to simple money transfer
Convenience
Security
Investment/speculation
Safe transfer speed
Privacy
Freedom from globalist control
Other
Definitely for your convenience. That is why we all follow this phenomenon closely. How convenient it is to have it low to buy and tall to sell
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BoardSpeculation
Re: If you knew Bitcoin would never change in value, would you buy it?
If it were guaranteed that the price of bitcoin would stay the same as it is today, would you still buy it? My guess is, the answer is no. But if its value lies in being a currency, price stability is essential. And if your answer is no, how is it then not just a Ponzi scheme? In other words, everyone is buying it on the hope of someone paying more for it in the future, not to use it as a currency.
You could not have said the better. The profitability is in its volatile value to lower and to climb !! This is the bag no?
During from past two years when bitcoin stepped in,Every body takes it lightly but i personally dont know that how it get so high on USD then how it conquered the transactions of banking,there was also a time when 1 BTC was = to 1100$ which also led myself toward this entity crazily,Bitcoin was like catastrophe in transaction sector or what can i say it a 'Currency sector' then we see also a big drop in the price of Bitcoin from 1100$ to 300$ .It boomed suddenly ,Every body head was down thinking that they had lost something because some peoples had transferred there currency in bitcoins because of Current Good situation also and of the value of the 1100. Still today those people aren't in a big loss because bitcoin is much more valuable still today ,i know it is not much then before it was used to,but i have to admit it that with that big fall , btc is still famous BTC
Of course he is famous, for better or for worse he has revolutionized the economic world although not all want to accept
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BoardBitcoin Discussion
Re: bitcoin is busted
by
rashidfield
on 10/01/2018, 16:28:17 UTC
Busted means exploded? Well, what's happening is that, and that's why its tendency is rising every day
For the first time, when I move to cryptocurrency world (March 2016) the btc price were around $400... it was risen up to $17000 few days ago... 17000/400 x 100 = it's 4520% growth in 21 months.
There's a popular statement such as, the thing what it is existing next to the risk is the success.
Should I believe it and do what I didn't do 21 months ago?
If you trust and study in the currency to ensure that it continues to grow, then launch. You must be sure because you only wins or loses
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BoardSpeculation
Re: What will you do with your Bitcoin in 2018? Will it become more valuable?
by
rashidfield
on 09/01/2018, 14:50:24 UTC
Some say it comes to $ 400,000 for BTC. It's a surreal figure, do you really believe in this? Maybe at $ 100 and yet ... But this is one of the most viewed predictions.
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BoardBitcoin Discussion
Re: Blockchain revolution
by
rashidfield
on 09/01/2018, 14:43:29 UTC
In short The most important technology that has emerged in the last century is the chain of blocks or blockchain. The most interesting thing about this tool is that it represents much more than an effective method of securing monetary transactions with bitcoins.
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BoardBitcoin Discussion
Re: Do you think digital currency will ever replace paper money?
by
rashidfield
on 09/01/2018, 14:35:56 UTC
For paper money to be banished, there must be reliability at least 100% of these coins, and that ... I doubt it will happen
By the time of Christmas the bitcoin price drops so fast, maybe people are selling it for christmas but I'm not sure. I'll just keep holding my bitcoin for as long as I can.
It is possible, Christmas attracts much demand in many things and many countries. It would not be strange that people would sell BTC for buying other things on the date although I would prefer to wait.
Great question! And there is only one answer: "invest as much as much you are ready to lose" For each person, it can be a different amount. for somebody, it can be 100usd for someone else 10k usd
I have seen that people have asked this kind of thing, and this has been the answer that I have observed that I liked the most. It is true, we must be aware that this amount as we want it twice can be lost, from this it is about
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BoardBitcoin Discussion
Re: Why Cash is better than Bitcoin.
by
rashidfield
on 16/12/2017, 16:56:43 UTC
the cash is incomparable on bitcoin, it does not have as much potential even if its trend is bullish.
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BoardBitcoin Discussion
Re: Schools Are Officially Accepting Bitcoin for Tuition
by
rashidfield
on 12/12/2017, 16:35:59 UTC
Hello good afternoon, I am new to this forum and so far everything I have seen seems well supported, this is good news for technological and economic progress, I still think of the man who bought 2 pizzas for 10,000 bitcoins, which .