Of course we all know that bitcoin is a long-term investment, then every achievement we achieve today will be very influential in the future, therefore we must be good at it.
take advantage of any situation and condition, because we all know that bitcoin has a very wide network, including domestically to overseas.For example, what has been done by the country of El Salvador by adopting bitcoin as a legal transaction tool in their country
Topic: At what point do we confirm the long term aspect of a project is guaranteed? - page 2. (Read 298 times)
July 02, 2021, 07:01:42 AM
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July 01, 2021, 11:55:19 PM
Erase the term 'guaranteed' from your mind when you dealing with crypto projects even BTC, there is nothing to fall back on if things go side ways, there is no one to take responsibility that's why crypto have zero guarantee, and again crypto isn't a 100% store of value because of volatility
Even in stocks there's no guarantee as well, the company could go down very fast and that is a market which regulated heavily unlike crypto.so don't expect too much like a project being guaranteed in crypto but tbh if the project is invested heavily by some institutional investors then it usually opens up the possibility of the project getting sued by that institutional investors so making the project a little bit guaranteed to not do a rugpull or some similar thing.
July 01, 2021, 10:17:25 PM
AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
when there is no more resistance from the government. the time when bitcoin was accepted and gained worldwide adoption. when bitcoin is used for everyday payments. when there are no more people who don't know bitcoin. when everyone believed in a decentralized currency. that's when bitcoin can be said to be very successful. it will be the biggest achievement for bitcoin. maybe it will be the high point of bitcoin achievement in the crypto market.
July 01, 2021, 10:08:37 PM
Everyone use to shout and claim that bitcoin and ethereum are the coin of the future. YEAH I accepted that with no arguments. Bitcoin is classify as a store of value. the same way we classify Gold.
My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?
when it comes long term it doesn't mean that you can hold your money in it how many months or years you want. Always remember that it's still your obligation to keep monitoring so that you can sell at the right time because no one will do that for you.. Market is like a roller-coaster so don't waste the opportunity to gained massive profits.. Keep updated to the coin where did you put your money, so that you will know what's the situation.. My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?
July 01, 2021, 08:54:35 PM
Havent you seen the greatest developmeny of bitcoin nowadays? The increase innovation and adoption worldwide and the entire awareness on how to use it as asset value and online payments.
With those significant reasons indicates a long term success of a project such bitcoin and other coins like what you have stated as eth.
With those significant reasons indicates a long term success of a project such bitcoin and other coins like what you have stated as eth.
July 01, 2021, 06:26:50 PM
Everyone use to shout and claim that bitcoin and ethereum are the coin of the future. YEAH I accepted that with no arguments. Bitcoin is classify as a store of value. the same way we classify Gold.
My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?
My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?
It's still a work in progress like all the guys who believe in, there are still many things that can be done and will be done, it has achieved a lot but still going to achieve a lot, what Bitcoin has achieved is just for the short term the long term is for it to be used as a universal currency and majority of the company are using it, it's still a long way to go for Bitcoin but it will eventually get there.
July 01, 2021, 05:59:21 PM
Everyone use to shout and claim that bitcoin and ethereum are the coin of the future. YEAH I accepted that with no arguments. Bitcoin is classify as a store of value. the same way we classify Gold.
My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?
long term project could be identified as profitable guarantee if they have reall usecase in cryptocurrency market, they could build ecosystem which is connected with other project and their token be native in this ecosytem. Bitcoin now considered as long term investment due its price history based 4 year halving , and for another project you will see another fundamental reason especially did they could deliver product with high usecase in market. My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?
July 01, 2021, 02:53:57 PM
My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?
This will only be based on your own standard, for me if Bitcoin hits $100k mark and beyond, that's already a successful story and of course when mass adoption begins Bitcoin will become more valuable. We have to set our own goals, and standard with Bitcoin because we all have different needs, views and strategies on dealing with the market. For a project to become more successful it has to create more demand and that's what Bitcoin is doing in the past decade. When do a long term project becomes successful?
June 30, 2021, 02:41:59 AM
Everyone use to shout and claim that bitcoin and ethereum are the coin of the future. YEAH I accepted that with no arguments. Bitcoin is classify as a store of value. the same way we classify Gold.
My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?
There is no such guarantee, even if it is bitcoin or Gold still it has risk to become less valuable than before. But the chances of happening is less since we know that gold existing here for thousands if years so it can be best store of value while in cryptocurrencies the first ever crypto is bitcoin so it has the longest and successful history so people trust it more than projects which doesn't even launch their shitcoins. My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?
June 30, 2021, 02:12:19 AM
Everyone use to shout and claim that bitcoin and ethereum are the coin of the future. YEAH I accepted that with no arguments. Bitcoin is classify as a store of value. the same way we classify Gold.
My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?
We are just being optimistic on every project, but there’s no guarantee on that it just that BTC and ETH are already here for years and the trust of the investors are with them already especially with Bitcoin. If we are going to look into a new project, it will be hard for us to tell their success in their future, maybe we can see it on how the project works and improve their platform in the coming days. My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?
June 30, 2021, 12:50:35 AM
My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
when the whole world accepted bitcoin completely as a decentralized currency. that's when bitcoin has reached the highest level of success.When do a long term project becomes successful?
to be successful, first the project needs users and their platforms already adopted. this is essential to achieve success.
June 29, 2021, 12:00:03 AM
when the project has executed the entire roadmap and their platform has active users or they have been adopted. You can see the characteristics of successful projects in big coins like bitcoin, ethereum, bnb and others. to survive in the crypto market first is adoption, without coin adoption just move based on speculation and it will not make it last long. usage becomes an important factor of the success rate of a project.
It is true. adoption will grow circulation from token trading. when it gets bigger than their market has been formed. and all of that is integrated with the product of their platform that works and is acceptable to the market.for a new project should be a very large long-term opportunity. at least after the first 2-3 years of their product being launched. when they can compete in the market then we can say we will see how the project can survive in the market for the long term.
June 28, 2021, 04:57:07 PM
I think bitcoin is already successful because of the huge community that it has and there's already a country that had adopted it as a legal tender.
But that success doesn't end there because there is going to be more use cases and adoption that shall come in the future.
But that success doesn't end there because there is going to be more use cases and adoption that shall come in the future.
Yes, a decade has passed and bitcoin is still standing strong.
So for me, bitcoin actually accomplished a lot already and the adoption that we are experiencing today is just the start.
The question of the OP is quite vague though. But I believe, what bitcoin accomplished today is more than what Satoshi was trying to achieve for this invention.
The use case of bitcoin is still growing so the long term aspect in terms of adoption is continuously happening.
But, it's also going to the other side for being a store of value and I guess he had expected it to happen.
June 28, 2021, 04:20:48 PM
Everyone use to shout and claim that bitcoin and ethereum are the coin of the future. YEAH I accepted that with no arguments. Bitcoin is classify as a store of value. the same way we classify Gold.
My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?
My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?
IMO its when Bitcoin used and adopted by mass countries and people as a payment processor like fiat. Because its the main concern of the Satoshi Vision when he creates Bitcoin.
In that moment, Bitcoin price will not volatile anymore and cant be used as long term investment.
June 28, 2021, 02:56:40 PM
I'm sure there won't be a fixed size for every crypto asset. because everyone has a plan for every asset they own. It's up to whoever wants to save for the long term or short term. because we will never know the success that is meant for everyone, in the long run, is also different. until now most people still place the ATH that is achieved as the focus of a long-term asset. but it is not an absolute for all investments.
Yes, I agree as you say, like those who want to save ATH assets as long-term or future assets and etc.
it's the right way to take steps for the future.
because they really looked at crypto assets before.
such as BTC assets etc.
Now let's look at the other assets.
like BTC assets, their assets used to be very low and now try to see what happens to their assets.
June 28, 2021, 02:11:22 PM
Everyone use to shout and claim that bitcoin and ethereum are the coin of the future. YEAH I accepted that with no arguments. Bitcoin is classify as a store of value. the same way we classify Gold.
My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?
The issue is that every single person will have their own standards about what bitcoin being successful really means, in my opinion bitcoin was successful from day one, bitcoin solved problems that had been unsolvable until it was created by Satoshi and the people that knew about this stuff immediately got into it because of this, it was not until later in which people began to realize the potential of bitcoin, bitcoin is already one of the most powerful currencies around the world and the number of people using it is the equivalent of a big country, if during the next decade we reach the same level of people using it as we would find in a continent then I do not see how anyone could claim at that point that bitcoin was not successful. My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?
June 28, 2021, 01:33:09 PM
Everyone use to shout and claim that bitcoin and ethereum are the coin of the future. YEAH I accepted that with no arguments. Bitcoin is classify as a store of value. the same way we classify Gold.
My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?
My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?
Btc is more than a decade now what other point could be more valid than having a project existing for more than 10 years without knowing the brain behind it and yet it has developed and expanded so much, at the moment it is safe to say btc has passed the test of time and I believe part of the long term goal has been accomplished, btc already survived the crucial part of it's existence, so from now on things are a lot smoother than 10 years ago.
June 28, 2021, 12:47:13 PM
Erase the term 'guaranteed' from your mind when you dealing with crypto projects even BTC, there is nothing to fall back on if things go side ways, there is no one to take responsibility that's why crypto have zero guarantee, and again crypto isn't a 100% store of value because of volatility
June 28, 2021, 12:15:04 PM
even though it looks successful now, it doesn't have to make Bitcoin feel safe and proud. In fact, the success that has been achieved today is the first step to continue to show the world the acceptance of Bitcoin without even 1% leaving distrust in the eyes of the public as an asset for a bright future.
We always try to make sure that this doesn't make the community feel that it's greatest than the rest. keep doing what can still be done, and show what Bitcoin really needs to show in order to continue to be accepted by the middle and lower classes. so it's not only in the area of big institutions and whales that Bitcoin is king. but can touch all the circles under them and can coexist on an equal footing.
We always try to make sure that this doesn't make the community feel that it's greatest than the rest. keep doing what can still be done, and show what Bitcoin really needs to show in order to continue to be accepted by the middle and lower classes. so it's not only in the area of big institutions and whales that Bitcoin is king. but can touch all the circles under them and can coexist on an equal footing.
June 28, 2021, 11:18:55 AM
AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
I think to understand that a coin is sustainable for the long period is to look into it's history, that's why Bitcoin is much more recognized as a long term project than other cryptocurrencies, it actually has a history that users can look into and understand it's price movements and how well it has accomplished or functioned in accordance with why it was created in the first place; Bitcoin is much more appealing to people cause all the years it's been around, people are aware or can research on how good it has been.Having said that, many altcoins, DeFi projects, shitcoins do not even have a history to begin with, some are relatively new and are more or less pump and dump coins, that's not to say it's just how long a coin has been in the market that determines it's long term sustainability, quite a lot of altcoins have been in the market for a while, but have zero use cases, nothing to really appeal to it's users, it's a sign that sooner rather than later nobody will own it anymore. Bitcoin passes all this tests highlighted, thus it can unarguably be referred to as a coin for the long period.
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