Business Paxful and Bitcoins, question for experts

[nikki99]

so I finally created an account with paxful ( I know I should have done this earlier)

if I buy a shitload of bitcoins this month, do u think in one year March 2017 the bitcoin rate is going up as the tendency for the last years?

I know is a stupid question as nobody knows what will happen in the future, but your guess??

thanks a lot, looking for this

[clickity click]

I think there will be a small increase in value.

[420]

Maybe $300-$500 range. If I was buying a shitload, I'd be patient and try to get the lowest price possible.

[Serge Litehead]

no one really knows, bitcoin is a wild baby

i haven't been following bitcoin like i used to but as i read on news things continue to evolve and develop around bitcoin. my guess is in the near future, few years ahead, btc will continue to grow. although as been seen in the past bitcoin price can dramatically fall and stagnate for some time, so keep that in mind.

in a few month bitcoin reward will be due to halv so it's a good time to buy, imo.
Bitcoin Block Reward Halving Countdown
theoretically bitcoin reward halving increases btc value - some argue that known future events already being priced in by market but it may increase more before or after btc reward halving occurs.

[nikki99]

good replies so far thanks!

[Dead]

Having never lost a dime with any investment made with BTC,
Welcome to wild west of future currencies
And if you do decide to drop a few more then a couple hundred, you really need to look at getting your own wallet and not trust online "banks" with the investment.

READ , absorb, And re read everything you can to learn how to beat the middle man from getting his cut and keeping you in total control of how you want to trade.

[Choopa Phil]

Cold storage. You'd be out of your mind to keep those coins in an online wallet.

[NakedWomenTime]

I still see predicting the future price of Bitcoin as very difficult. Factors to consider are there may be big holders of Bitcoin, whose transactions could affect price, so it's hard to predict price movements. There is also the reaction of Governments to it that could cause problems.

What is easier to foresee is that there could be another major banking crisis and currency movements in the coming months or years. Another big systemic crisis could hit, and this could help Bitcoin, but you still have those other factors weighing in on price.

What is true is you probably don't want to be holding too much FIAT currency, in a single currency, at a single bank. That could be risky.

The gold market is also now interesting. Gold is being held down artificially, so it has the potential for a jump if a banking crisis hits. Gold therefore may be a good store of value, possibly better than Bitcoin, as it has less downside risk.

[Brian mike]

one day a smart man told me ; IF you don't deal 100% of your time in the bitcoins, ( work as traders or make this your full time job ), don't bother trade or try to make money out of it ! The lost could be huge ...

[nikki99]

bumper the bump

[AllAboutCams]

Buy litecoin

[nikki99]

Originally Posted by AllAboutCams

Buy litecoin

heard about those as well

[Paul&John]

titcoin ftw

[CaptainHowdy]

Originally Posted by Paul&John

titcoin ftw

[Smack dat]

Originally Posted by nikki99

so I finally created an account with paxful ( I know I should have done this earlier)

if I buy a shitload of bitcoins this month, do u think in one year March 2017 the bitcoin rate is going up as the tendency for the last years?

I know is a stupid question as nobody knows what will happen in the future, but your guess??

thanks a lot, looking for this

So Nikki. Did you buy a shitload of bitcoins while you had the chance?