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Off topic & small talk: Bitcoin Forecast 2019 - Is 100,000 Euros the Next Target? (Page 2)

Topic created on 19th Jul. 2019 | Page: 2 of 3 | Answers: 29 | Views: 8,382
Daniel
Elite

Bitcoin Forecast 2019 - Is 100,000 Euros the Next Target?

19th Jul. 2019, at 03:44 pm CEST#11
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I bought bitcoins a few months ago where the price was at $3,000 and everyone said that was it. I am currently hoping that the price will fall again so that I can buy more. Bitcoin is better gambling: you should only invest what you don't need at the moment and in the near future.

Personally, I like Bitcoin because it is decentralized and because no one can take it away from you. Let's say you go to jail, all accounts are closed and funds possibly confiscated. When you get out, you have no more money and no more bank accounts, but your wallet remains, as long as you have hidden your private key well.

Or let's take another example: your accounts are frozen because of "illegal gambling" or for whatever reason. If you have no cash, no precious metals or no Bitcoins, then you have a problem, at least in the short term. Both precious metals and bitcoins can be exchanged for cash in such emergency situations and you can bridge the time until you have a new account relatively stress-free.

If you live abroad and want to open business accounts there and accounts are constantly blocked because of the smallest irregularities, you will learn to appreciate the potential advantages of Bitcoins & Co.

In times of increasing paternalism, overregulation and censorship, decentralization will play a major role in the future. I think or hope that the Internet of the future will be decentralized and thus uncensorable.

I also personally believe that decentralized currency and decentralization in general will prevail in the long term. At least if the legislators or the EU do not loosen the thumbscrews. The more authoritarian the states become, the greater the demand for decentralization will become.

It's actually stupid to tighten the screws, because bans on digital goods won't be enforced in the long term anyway and, from the legislators' point of view, will only make things worse in the long run.

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Anonym

Bitcoin Forecast 2019 - Is 100,000 Euros the Next Target?

19th Jul. 2019, at 04:16 pm CEST#12
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As long as fiat money is still needed everywhere and I can pay with it in the store around the corner, the BC will not achieve a breakthrough. Maybe in 50 years, but then we have other problems than money and I'm probably already in the ground. Therefore, this whole mining and crypto story simply passes me by. I know a few people who have lost 1000s of dollars because they got in too late.

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Daniel
Elite

Bitcoin Forecast 2019 - Is 100,000 Euros the Next Target?

19th Jul. 2019, at 05:12 pm CEST#13
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Totoro wrote on 07/19/2019 at 16:16: As long as fiat money is still needed everywhere and I can pay with it in the store around the corner, the BC will not make a breakthrough. Maybe in 50 years, but then we have firstly other problems than money and I'm probably already in the ground.

I estimate it will be in 20 years at the latest, sooner or much sooner. It depends on it: The faster censorship, overregulation and bans progress, the faster Bitcoins or similar decentralized currencies and systems will make the breakthrough. In the last 5 years, I feel that there have been many negative changes in terms of censorship, overregulation and bans.

Totoro wrote on 07/19/2019 at 16:16: Know a few who have put quite a few 1000's in the sand because they got in too late at the time.

That's why I also recommend to buy Crypto only with money that you most likely don't need currently or in the near future (next 3 - 5 years). You should also not listen to the media and preferably only buy when the mainstream advises against buying.

When it comes to finance, it is often the case that you should not follow the masses.

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Anonym

Bitcoin Forecast 2019 - Is 100,000 Euros the Next Target?

19th Jul. 2019, at 06:07 pm CEST#14
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Liked this post: Anonym, Avatar von Marqes Marqes

if you have enough capital to "play" with it can be very entertaining to invest in cryptocurrencies
but then to make any plans with it, if now bank accounts would be blocked etc etc
etc etc, one would otherwise be penniless and now through the cryptocurrencies but access to "money" would have
are in my opinion not possible at all, because the value is given only by a certain acceptance
between private individuals given, i.e. the whole thing goes from sums in the thousands to
to total loss, everything is possible

And I think this economic system on the earth does not permit at all, that now many suddenly "richly
become, and/or can become rich, rich becomes only that already much has anyway.

If such a development would start, already appropriate countermeasures would be taken
of certain persons and/or person circles would be transacted, which will prevent that completely!

The broad mass must continue to work and sell his labor to be able to live to some extent
to be able to live and that will also despite 10,000 cryptocurrencies worth millions never and ever
change !

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Anonym

Bitcoin Forecast 2019 - Is 100,000 Euros the Next Target?

19th Jul. 2019, at 06:11 pm CEST#15
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by the way, sums are mentioned again and again by the media that are possible in the cryptocurrency area
are possible, I believe rather that quite different people want to make here correctly coal
- and will or have already made ! certainly not those who had not much before !

Think there times of the quality medium "picture" there stood also once something of Bitcoin soon 1 million ?
after that is the then first fat down...after there masses of people have burned their coal

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Anonym

Bitcoin Forecast 2019 - Is 100,000 Euros the Next Target?

19th Jul. 2019, at 06:17 pm CEST#16
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the "new market" at the end of the 90s, THAT was still a possibility to make good money,
at least in the beginning, the prices skyrocketed, it was breathtaking,
i mention here only EM. TV, had invested myself and really at exactly the right time
Time, but also here was true: only the few have made a lot of money and
and most of all those who already had a lot of money anyway, of course, they could
with millions ! The lower class at most with a few thousand...
and who waited too long, for the remained once again: nothing (or losses...)

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Anonym

Bitcoin Forecast 2019 - Is 100,000 Euros the Next Target?

19th Jul. 2019, at 06:25 pm CEST#17
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At the very beginning, Bitcoin was only worth a few cents or a few euros.
At that time I thought about whether I would buy a few thousand of them, but then I let it go.
Would have sold the then certainly a short time later füs double and rejoiced for a short time.

If one had known how today the course is I and many others would be perhaps Mulitimillomär or billionaire...... ... ...

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Anonym

Bitcoin Forecast 2019 - Is 100,000 Euros the Next Target?

19th Jul. 2019, at 06:40 pm CEST#18
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Liked this post: Avatar von Marqes Marqes
Gamer777 wrote on 19.07.2019 at 18:25: At the very beginning, the Bitcoin was only worth a few cents or then a few euros.
At that time I thought about whether I buy a few thousand of them, but then left it.
Would have sold the then certainly a short time later füs double and rejoiced briefly.

If one had known how today the course is I and many others would be perhaps Mulitimillomär or billionaire...... ... ...

absolutely...is once again the question when does one dare to make/invest something ?
Most have but just no "play money" over for risky things, but again only the
"rich", who can invest here and there 'a million at Risk, is the one gone, no matter,
they still have enough...and of those, some have insider information, which
we normal mortals never and never get ! Is nevertheless everything steered and predetermined
(there are always exceptions!)

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wettibernd
Expert

Bitcoin Forecast 2019 - Is 100,000 Euros the Next Target?

19th Jul. 2019, at 07:08 pm CEST#19
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Liked this post: Anonym, Anonym, Avatar von Katharina2 Katharina2
For me, the problem with cryptocurrencies in general is that it's just a trading place, where is the bank that will give me 5 million if my data says I have that much Bitcoin (or whatever). They don't exist! So I have to find a buyer who gives me the money. Sure there are platforms where people buy and sell --- but is that a guarantee for anything. No, I stay with the Krugerrand, because I know where I always get cash for it.

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Marqes
Expert

Bitcoin Forecast 2019 - Is 100,000 Euros the Next Target?

19th Jul. 2019, at 11:24 pm CEST#20
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Ohman I remember when 1 Bitcoin cost 340 euros.
If you had known that ...
Then I would be rich now.

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