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[JimAndres]

I am thinking does anyone look to bitcoins seriously? I personally think that it is just a bubble and one day it will burst. Does anyone think differently and why? Thank you

 

[Mbwolf]

Same one day bitcoin will disappear
But other currencies will take his place

 

[beermoneycrypto]

I absolutely take my bitcoin investments extremely serious. I do not believe the blockchain technology will ever disappear.

 

[BMF]

I do not believe the blockchain technology will ever disappear.

This means you pretty confident Bitcoin will rise again over $10k in near future, now is $6.5k, do you consider this a good moment to buy Bitcoin and hold?

 

[svensei]

This means you pretty confident Bitcoin will rise again over $10k in near future, now is $6.5k, do you consider this a good moment to buy Bitcoin and hold?

I'm pretty confident that Bitcoin will rise above $10k again, but in the near future? Probably not. That said though, Bitcoin is largely the 'gateway' crypto and there's been a lot of good news and progress for the crypto market as a whole, so it's more likely a lot of up and down cycles and more gradual growth over a longer period of time rather than straight shots to the moon.

If you're talking about seriously investing, I think it's a good time to start dollar cost averaging. There's a lot of general speculation that we'll drop under $6k, but does anyone really know? The answer is no, so trying to time the market and buying at the bottom is impossible. Definitely start with smaller amounts and never invest amounts you are not prepared to lose entirely or not have access to for at least 1 year.

 

[Keibah]

Bitcoins investment in my opinion is a very serious business. Those people who invested in bitcoins at the earliest stages are taking the last laugh now. See how it is been initiated into today's modern world. It will stay for a very very long time.

 

[tootsie]

Im not sure if it can. But, i have a n uncle who works at a big bank in new York and he told me to save bit coin for the next 12-18 months as it will be worth alot again..He said especially if i can save some from online work rather than invest my cash on bit coin.. So Im trying to do it..

 

[fakefan0212]

I am thinking does anyone look to bitcoins seriously? I personally think that it is just a bubble and one day it will burst. Does anyone think differently and why? Thank you

Yes because we could not know whether the value of bitcoin would go down or up in the near future. The people who have invested during the previous years are lucky enough. Someone I know was able to cash out 3000 dollars from his 300 dollar investment :) but that was years ago

 

[Marlboro]

Yup you can use bitcoin as a serious investment, it just like a stock exchange, the rate keeps on changing from time to time, buy bitcoin when the price drops, and sell the bitcoin when the price increase, it will just take a time to gain profit

 

[Shanti]

Define what you understand as a serious investment.
If you want to earn money with bitcoin, sure, you can, but it's like roulette. You won't know, if you win or lose, nobody does.
If you want to safe some money and make it a bit more, better use bluechips. They are stocks of very big companys like IBM, Cola etc. They aren't volatile, that means you won't lose a lot of money, if they go down. But you won't get rich either.

Personally, I would stay away from Bitcoin right now. It's too much of a gamble to be a safe investment.

And if someone says now, that he knows some guys, who got rich with it. Sure. It's possible. But for everyone who got rich with Bitcoin were 100 people, who invested in a similar thing and everybody lost their money. It's just a gamble.

 

[Crystal]

The bitcoin fever is gone.
By bitcoin fever i mean at last year , those days when bitcoin price was growing with $200 even every 15 minutes. But there wasn't regulations .
Regulations which are killing bitcoin price started to be realeasd by governments or banks.
Bitcoin is now more stable and price jumps are less highly to happen unless major events such as bitcoin adoption in a country or new bitcoin payment terminals keeps show up in pubs,train stations,airports, online shops, etc.
The more is implemented/linked bitcoin to the real world, the higher it's REAL price will be
I am optimist too and i predict bitcoin price $9k in august, but, i repeat, bitcoin golden days are gone. I can't recommend to someone to purchase bitcoin and hope that later will grow like in old days. Investments in bitcoin price are to risky now.
My advice is better obtain bitcoin from a debt or a job done or a payment received for something, or claims from faucets, getting paid from PTC websites ,etc (" the getting "free" bitcoin way") but do not spend your savings to purchase bitcoin unless you can afford some money to lose.

 

[Shanti]

You have a misconcept there with "free" Bitcoin. They aren't free, they are exactly the same as buying them with your money.
Because you earn them instead of money. That means you get less money and Bitcoin instead. That isn't free. It is exactly the same as buying them. Faucets are the same too. You invest your time. The amount of Bitcoin you get is directly linked to the price of it.
That means, there are no free Bitcoins, it just means, you want to get paid in Bitcoin and not in another currency.
It is the absolute same gamble as with buying them.

 

[fakefan0212]

You have a misconcept there with "free" Bitcoin. They aren't free, they are exactly the same as buying them with your money.
Because you earn them instead of money. That means you get less money and Bitcoin instead. That isn't free. It is exactly the same as buying them. Faucets are the same too. You invest your time. The amount of Bitcoin you get is directly linked to the price of it.
That means, there are no free Bitcoins, it just means, you want to get paid in Bitcoin and not in another currency.
It is the absolute same gamble as with buying them.

Maybe what is meant by free is when through FAUCETS wherein one could get free satoshis when he/she visits that site and claim them :)

 

[SCAMEXPOSER]

The bitcoin fever is gone.
By bitcoin fever i mean at last year , those days when bitcoin price was growing with $200 even every 15 minutes. But there wasn't regulations .
Regulations which are killing bitcoin price started to be realeasd by governments or banks.
Bitcoin is now more stable and price jumps are less highly to happen unless major events such as bitcoin adoption in a country or new bitcoin payment terminals keeps show up in pubs,train stations,airports, online shops, etc.
The more is implemented/linked bitcoin to the real world, the higher it's REAL price will be
I am optimist too and i predict bitcoin price $9k in august, but, i repeat, bitcoin golden days are gone. I can't recommend to someone to purchase bitcoin and hope that later will grow like in old days. Investments in bitcoin price are to risky now.
My advice is better obtain bitcoin from a debt or a job done or a payment received for something, or claims from faucets, getting paid from PTC websites ,etc (" the getting "free" bitcoin way") but do not spend your savings to purchase bitcoin unless you can afford some money to lose.

Thanks very much for making this sincere and pure facts about bitcoin, honestly I also noticed that the era of uncontrollable rise is gone and I am also of the view that even more countries adopts it that doesn't mean the value will rise and there tend to be more regulations and reduction in it level of anonymity

 

[Shanti]

Maybe what is meant by free is when through FAUCETS wherein one could get free satoshis when he/she visits that site and claim them :)

No, faucets aren't free. That's a common missconception. They cost your time.
For example.

You register on a pay to click site and earn 2 Euro in an hour.
That means, you just made 2 Euro.
If you use some faucet sites for an hour and earn 10000 Satoshis, you just lost money.
Because you earned less than 1 Euro in an hour.
If you used the first way, you can buy 30000 Satoshis.

That means, there are no free Bitcoins out there, everything costs time.
That's why it is also an investment in Bitcoin, if you use faucets or such things.

 

[SCAMEXPOSER]

No, faucets aren't free. That's a common missconception. They cost your time.
For example.

You register on a pay to click site and earn 2 Euro in an hour.
That means, you just made 2 Euro.
If you use some faucet sites for an hour and earn 10000 Satoshis, you just lost money.
Because you earned less than 1 Euro in an hour.
If you used the first way, you can buy 30000 Satoshis.

That means, there are no free Bitcoins out there, everything costs time.
That's why it is also an investment in Bitcoin, if you use faucets or such things.

Your last paragraph is just the fact about bitcoin so your time and resources in the form of data must be used for you to earn some Satoshi and sometimes you have to spend money to earn

 

[tusziget]

Yes,time is an investment indeed.But look at the fact that there is no way that you can earn in a PTC site 2 Euro in an hour.Maybe in a month,and even then you cannot be sure,that you will receive your payment.Faucets in most of the cases are paying,even if the amount of the cryptocurrencies is low.There are many faucets,which are paying instantly as well.

 

[SCAMEXPOSER]

Yes,time is an investment indeed.But look at the fact that there is no way that you can earn in a PTC site 2 Euro in an hour.Maybe in a month,and even then you cannot be sure,that you will receive your payment.Faucets in most of the cases are paying,even if the amount of the cryptocurrencies is low.There are many faucets,which are paying instantly as well.

yeah, the advantage of faucet over Ptc is that the scam level is low cos most of them pay instantly such that you can easily know if a site is scam or not like Ptc that you will have to reach minimum payout

 

[SCAMEXPOSER]

In my opinion, btc will rise again, many gurus are predicting it that bitcoin is going to rise again and many says that it is just a scam. BUt I think it will get a rise for sometime then maybe it will crash. It's my opinion anyway.
PS: Don't risk the money which you can't afford to lose.

Just like you said, opinions are divided about bitcoin sustainability so it is those who can take risk that will survive in it, though it may not rise to $20k in two years cos the coin is trying to stabilise

 

[svensei]

In my opinion, btc will rise again, many gurus are predicting it that bitcoin is going to rise again and many says that it is just a scam. BUt I think it will get a rise for sometime then maybe it will crash. It's my opinion anyway.
PS: Don't risk the money which you can't afford to lose.

This is just describing a regular cycle - things go up and then must eventually come back down before going back up and so on. The big question is how high will those highs go, and probably more interesting to people at this moment, when we will bottom out on this downward trend.