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Messages - Max99

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Bitcoin Forum / Bitcoin become an asset

« on: September 17, 2018, 03:57:23 PM »

Hello People, I have read hundreds of bitcoin articles, I think people are still confused about bitcoin as future property. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction.

What do you think?

Bitcoin Token / Can you use Bitcoin as a practical currency?

« on: September 16, 2018, 03:50:54 PM »

Bitcoin a cryptocurrency that everyone is talking about and wants a piece of it. Here we will talk about how bitcoin can be used as a currency. So let’s dive right in. Since bitcoin gained pace many online and offline retailers now started accepting bitcoin as payment for their services but we need to see if it will be viable in the long run. As the price of the currency is always fluctuating and sometimes it deflates very badly to leave the owner annoyed.

Bitcoin Forum / Is Bitcoin a Digital Gold?

« on: September 10, 2018, 04:49:28 PM »

After reading a lot of posts made by people on this forum, I realized about 75% of them see Bitcoin as a digital Gold. For me, I don’t think Bitcoin is a digital gold. Cryptocurrency or Bitcoin to be precise, was developed to be a safer option for transaction of goods and services and also the best mode of payment. Bitcoin was introduced to disable all the restrictions that banks and the financial system presented. A lot of people have lost huge sums of money because they saw bitcoin as a digital gold. I know others will argue that bitcoin has also made people rich but for me, I don’t think it is advisable to consider Bitcoin as a digital gold. Bitcoin is a digital currency.

Bitcoin Forum / Re: Bitcoin better then Gold

« on: September 07, 2018, 04:09:19 AM »

bitcoin is a better investment than the gold.but but the gold is more stabilizer than the bitcoin
so you could choose the investment by yourself
I think the bitcoin is better than gold. Here are the difference, have a look here:

Bitcoin Forum / Is Now A Good Time To Buy Bitcoin?

« on: September 07, 2018, 03:32:40 AM »

The demand on bitcoins has grown starting with 2015 once buying cryptocurrency became more accessible and was possible even through numerous brokers. There are many reasons why is is a potentially profitable investment on a long run. However, bitcoin`s main strength is the strictly limited number of 21 million, which sets the price tendency to be always ascending. Here are some reasons, why you invest money for Bitcoin:

1. Price correction brought bitcoin to a healthy valuation
2. Stability of the Price of Bitcoins
3. Bitcoin has proven it is reliable and that it can scale
4. Crypto is becoming mainstream with Bitcoin in the forefront
5. Bitcoin has massive addressable market
6. Securities will bring in institutional money and the masses
7. The more the traditional economy suffers, the better it will be for bitcoins.

Happy Bidding !!!

Bitcoin Forum / Re: Bitcoin as payment system

« on: September 06, 2018, 06:23:42 PM »

Bitcoin, a cryptocurrency that everyone is talking about and wants a piece of it. Here we will talk about how bitcoin can be used as a currency. So let’s dive right in. Since bitcoin gained pace many online and offline retailers now started accepting bitcoin as payment for their services but we need to see if it will be viable in the long run. As the price of the currency is always fluctuating and sometimes it deflates very badly to leave the owner annoyed.

In the near future, bitcoin may not be used as much as it is being used today and it is not because of the issue it carries with it like the size of transactions, fee per transaction or speed of the transactions. It will go down because of the microeconomics of it. We have seen the ridiculous or some even say outrageous gains in the pricing of bitcoin in past few years. It was expected that bitcoin will deflate someday but not quite to the extent. That is why people generally cannot trust bitcoin as their primary payment method because of the fickle nature of the pricing. And the people can lose money over it.