Bitcoin about to skyrocket!

I have had this feeling in my gut that this is the best investment of the year for anyone who needs money. I think it has bottomed out and is a great price. The technology isn't great but is all about the brand and machines etc. I have a hunch this will be one of the only coins around in the near future. If you lose a little bit no problem but if it goes upwards to 1000% with a bullrun the upside is amazing. Any thoughts? I think it is the future of currency. wasn't sure where to post this. It has a lot of huge backers. There is much false media out there about it now. and many are buying at a cheap price. Once a few countries regulate it. It will be a great asset. France and Germany are bringing bitcoin up at the g20 summit.

 

https://www.forbes.com/sites/chuckj...s-bitcoin-could-fall-below-1000/#5c31362b341f

in my opinion is it will not go below 1,000 or could skyrocket in the next couple of weeks. its selling for roughly around 3,000 a coin now I believe.

https://medium.com/cryptolounge/bitcoins-insane-bull-run-34f848eb6e53

 

I am glad you posted this. Something to think about.

 

There is also bitcoin Gold as well which is competiting I may put a little bit in both time will tell. They call it a fork which im still studying up on.

 

I agree

 

Personally, I think these currencies are a way for the rich and powerful to transfer money from nation to nation without incurring government oversight and the always annoying burden of physical media like gold or even fiat currency.
They are used by people including governments who wish to pay for things which would likely get you arrested in the light of day.
We can certainly invest in these currencies and might pick up some credits this way but just be aware that there are reasons for volatility that we are not privy to nor will we be when they dump them.
Is it a coincidence that men like Soros recently dumped their investments in tech while BC decides to nosedive?
The story that they are telling us is that the drop is due to the over abundance of miners but I don't buy it. It's a built in excuse to cover up volatility and hidden transactions.
You might as well buy pull tabs IMO. Same chance of "winning".

 

Money does not apprear from nowhere. I am no eocnomist but morality applies to the sphere of Economics as much as it does anywhere else. I would instinctively wvoid the smell of esy money as I would the smile of Satan himself.

'The OSuth Sea Bubble'..'opportunistic self enhcancement'.

ISee one good example of this in Britan. Jamie Oliver a famous media chef sold all 3000 of his resteraunts in order to buy bit coin. Up to know he professed publically his allegiance to improving food standards. Now he is boy on the big make.

 

I think the down slope is to blast all the other coins competing. Soros is in Bitcoin and his comment brought it to fall even faster. There’s a reason for his comments.

 

I think dot-coms are going to make a big comeback!
I'm all in on those!

 

No doubt there is fiat to be made, don't get me wrong. I just think it is pragmatic to understand that all these systems - virtual fiat, stock market etc are all deliberately setup for some to "win" and for most (if not all) of "us" to lose. Because the only way to "win" is to have information that would be deemed illegal in most cases from acting on.
I personally can not reconcile investing my hard earned fiat in anything in which I suspect is heavily manipulated by people I don't associate with or consider to be in my tribe so I stopped doing it. Not to mention that the investment in time one must sacrifice to understand these investments in a reasonable manner is IMO much better invested in taking my kids fishing for example or spending time in the garden or teaching them something actually useful.
Just my take on it all. I and likely all of us will never die so called rich by the worlds standards and I am quite OK with this because I do not measure wealth in material things. I have no desire to share in that burden.

 

3000 for a coin, i'm not sold on this one yet...

 

Its one of the highest coins in the market. You can by a percentage of that. So lets say it makes another bullrun after regulatory news at the g20 summit. It could hit upwards to 20,000 to 30,000 in the next few months. IBM put a lot of money into it roughly a year ago and JP Morgan plugged a bunch of money in a few weeks ago. I have read both sides and I think this could be a new currency in Europe first. The big news the last 2 weeks is that France and Germany want to regulate it and are bringing it up at the G20. If God graces me with money from this most of it will be for student loans and helping others that God wants me to. Money can be used for good when given away in the right fashion. I also hope to give a lot to a religious order that has been turning out amazing vocations. Help someone in my family with his journey with it as well. I have noticed the young Catholics following the leads. Many in the older range don't understand the technology. I am not saying all. At the end of the day its currency plain and simple. It can be used for good or bad. Pray for me with this endeavor. I also wanted to see if there is a divine correlation with my decision that day. The reading was about the widow that gave all her money in trust to God. I felt this was an answer to prayer.

 

I’m in!

 

It went up around 1,000 today!

 

I caught part of an interview about bitcoin on one of the US TV channels recently. I can't remember which channel but I think it was CNBC. The man being interviewed was named Levin (can't remember his first name). He was saying that bitcoin or something similar will become the common currency. I only caught a few minutes of the programme and didn't pay much attention to it.

How is it bought and sold? Is it like buying shares in a company listed on the stock exchange? I don't know much about that either. Or is it like buying foreign currency where you could have a special bitcoin bank account and could convert bitcoins into normal currency by transferring them into a normal bank account at whatever is the going exchange rate? At $3,000 per coin, I would need to be able to transfer fractions of the coin.

 

You can use coinbase to buy a coin outright or pay for a percentage of a coin. You can also buy a coin more anonymously with machines. They have them in Miami Many parts or Latin America and various other cities throughout the world. My belief it will be one of the only coins to stay around and back a few other smaller coins in the future.

 

I'm blind as a bat without my glasses. When I just read the title of this thread, I thought it read: "Sirloin about to skyrocket!"
I was kinda scared!

 

haha

 

http://www.prophecynewswatch.com/article.cfm?recent_news_id=1939 I still struggly to think if it could tie in with the Mark in revelation.

 

Until I can buy food, pay bills, pay for most goods and services with bitcoin I have zero interest in it and even then will probably pass. I may be the fool in the long run but bitcoin lost 80% of it's value in the last year.

No currency can be widely adopted for everyday use with that kind of fluctuation. Also the digital security on it has had some issues in the recent past and the fractional purchase value makes it confusing for many. The purchase price of products could never be priced in bitcoin because the value changes constantly. (give me one one thousandths of a bit coin and you can have this pizza sort of thing, tomorrow three one thousandths) The big banks/bankers that run the world aren't going to give up digital currency without a fight. (even though all currencies are mostly digital now)

Bitcoin isn't intended to be purchased in your country's currency then ride the growth and convert back to regular currency like the stock market. As long as this is possible bitcoin will never stabilize. It does represent a store of value though and with only a set number of them long term it should rise or become worthless, who really knows.

I'd much rather invest in something tangible.

If IBM bought a bunch a year ago they have lost their ass on them as this point......