Samanta123

I think I urgently need to buy bitcoin. Is this a good idea?

Asked by Samanta123 2 weeks ago bitcoin


Fisac83758@btsese.com
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Buying bitcoin is not a good idea at the moment. Bitcoin price has gone up a lot and you should wait a bit. But don't worry! I am sure that after a month the price of bitcoin will drop again and you will buy this cryptocurrency. Now, it's better to create a reliable bitcoin wallet https://bitcoinofficial.org/ and follow the forecasts of experts. I have 2 bitcoins and I understand that if I sell them I can buy a Lamborghini. This is my dream and soon it will come true

by Fisac83758@btse...  2 weeks ago

Samanta123
1
 
The way I see it now, Bitcoin seems to be following the stock-to-flow model. Proponents of this model had predicted that the price of Bitcoin should reach somewhere between $100k and $200k at some point in 2021 or 2022. This is based on an analysis of the demand and scarcity of this asset, and comparing it to other assets like gold.This is a very bullish target price, although it does seem much more realistic now that Bitcoin has broken through $40k. Irrespective of the price swings, I remain very bullish on the Bitcoin network long-term, due to the fundamentals being stronger than ever.Read on to learn about some of the reasons why I think this is so, but if you’re already convinced and just want to get started with Bitcoin,

by Samanta123 2 weeks ago

Rozaza
0
 
A legitimate currency that is used by all should have this most important feature i.e PRICE STABILITY.The price volatility of Bitcoin and other cryptocurrencies is one of the biggest barriers to widespread adoption that cryptocurrencies face today. Unlike fiat currencies, today’s cryptocurrencies do not have a central bank that implements monetary policy to keep purchasing power stable, meaning that changes in demand can induce massive fluctuations in price. If users cannot be sure that the purchasing power of their accounts will remain stable, they will never adopt a cryptocurrency as a medium of exchange over a price-stable alternative.For example, imagine paying someone a salary of 1 BTC per month—if the price of BTC dropped, they might go hungry!So the major flaw that Bitcoin has is actually its USP i.e it’s Non-Fiat currency. Which means that the quantity of Bitcoins remain fixed in the system while the value skyrockets with increasing demand.

by Rozaza 2 weeks ago

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I think I urgently need to buy bitcoin. Is this a good idea?

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