I agree, if only Bitcoin is ever inclining then it will be the best store of value but no, Bitcoin got high fluctuation. The high volatility makes Bitcoin attractive for speculative investment and trade but it nullifies the capability of bitcoin in terms of store of value. Even if Bitcoin is increasing in value per cycle, the wild ups and downs of Bitcoin's price value greatly affect its store of value.
You're right, but to be honest I'm not sure Bitcoin is still increasing in value over cycles, its price hasn't break 35k since more than 15 months now and I think Bitcoin adoption has reached a lasting limit. In order to break this limit, education and more crypto friendly regulation will have to be put in place. 
Topic: Bitcoin as good store for value - page 4. (Read 912 times)
Those who only want to make money from Bitcoin consider Bitcoin only as an investment platform. Bitcoin is not only an investment platform Bitcoin has many features that attract people to use Bitcoin. We consider Bitcoin as an investment platform, and we use this Bitcoin as our storage medium, and many people prefer to convert their total assets to Bitcoin, which means that no matter how you think, everything is possible through Bitcoin. At the moment, many companies are facilitating transactions through Bitcoin, as a result of which people are currently using Bitcoin as an alternative means of payment. Its often low fees in Bitcoin transactions make it much more attractive for users to transact. Considering these aspects Bitcoin seems to me to be the best digital currency.
People tend to see Bitcoin exclusively as an investment opportunity because that is their main need on the currently moment they are facing on their personal lives. They seek for profitable investments' opportunities, and since they lack those opportunities inside the centralized system they live, Bitcoin becomes the favorite alternative on the decentralized universe. And there is nothing wrong with that. Sometimes I see critics regards those investors, claiming they should use BTC as currency, and not only as a long term investment, somehow labelling them as greedy people because of that. But I think each person knows about their own necessities, which will be different for everyone. So, the way Bitcoin is useful for you, might not be useful on the same manner for me. The important is that Bitcoin can be useful for different people in different ways.
The most used asset before btc as a storage was Gold and silver but there is lot if limitations in other assets like you cannot easily convert it to other form and also tax is included when you buy or sell. In my country we have to pay 5-10% tax when we sell. BTC is totally different from these assets and best asset to use it for store of value.
Yes Bitcoin transformation is very easy, fast and without any cost. One another superiority of btc over other assets is high market cap and anytime if we need fund we can easily sell instantly on market price while in case of property (land, plaza) we have to look for seller with good price and we have to wait for some days to sell our property.
You explained very well that before bitcoin people mostly invested in gold and silver for storage, most of the real estate we had to pay a lot of money to buy and sell, and the whole process. The procedure is also very long and complicated. On the other hand, when it comes to Bitcoin, exchanging Bitcoin is very easy. Whenever and wherever we need money, we can convert bitcoins into instant cash at market rates. So you're right that Bitcoin is a great option for a store of value. Where we get everything instantly without any rush, any stress and in less time. Bitcoin can be said to be the most widely used storage asset in the present era, as its many features give it an advantage over other assets.
But to be categorized as a good store of value then I think Bitcoin is not suitable for that. Because Bitcoin still has high volatility which can make its value decrease suddenly or increase suddenly. Bitcoin for me is better called a revolutionary for the world of decentralized digital finance. For me, Bitcoin is a digital asset that has the best potential for the future. So that made me personally decide to invest in Bitcoin for the long term. Accumulate patiently and calmly. Well there is a certain satisfaction in doing so. But to be used as a store of value for me Bitcoin cannot yet be at that level. The store of value for now is still held by Gold and other things that are not affected by Inflation.
Bitcoin can't be categorise as good store of value because of its highly volatile in nature, I don't agree to OP by saying Bitcoin is a better store of value. But one can still choose Bitcoin to be a store of value only if the person is strong enough and have patience to make use of the assets only when the price of bitcoin have increased in value, but concluding bitcoin to be a good store of value to everyone is not true. But people can choose to make it a store of value if only they can be able to hodl it till when the market is very value in price. But I don't accept bitcoin to be a good store of value generally. 
Those who only want to make money from Bitcoin consider Bitcoin only as an investment platform. Bitcoin is not only an investment platform Bitcoin has many features that attract people to use Bitcoin. We consider Bitcoin as an investment platform, and we use this Bitcoin as our storage medium, and many people prefer to convert their total assets to Bitcoin, which means that no matter how you think, everything is possible through Bitcoin. At the moment, many companies are facilitating transactions through Bitcoin, as a result of which people are currently using Bitcoin as an alternative means of payment. Its often low fees in Bitcoin transactions make it much more attractive for users to transact. Considering these aspects Bitcoin seems to me to be the best digital currency.
Assuming that everyone in this space wants just to make money out of bitcoin although I don't see how it's a bad thing or that it's something that we should frown upon isn't a good idea imo because we live in a world where money makes your life easier so what's the point of not embracing that idea instead of becoming an outcast about that idea. I think that most people in the bitcoin space are smart enough to know that bitcoin's a store of value too and it's kind of dickish of you to remind them of something that they already know.
This sort of thing does recur, lots of previous threads have been discussed maybe for some people this is a bit stale and yes those who remember will know this, but it doesn't matter because each discussion with a different analogy leads to a different train of thought in the future even though in essence it has the same essence, and again this can be used as a solution to remind some people who they might forget, because human nature is forgetful, it needs to be added that this will be a concern for new people who enter this forum and they didn't find this by accident, because it might be piled up with other discussions if they were purposely looking.I don't think its a bad idea to open up a threads by any people here in the forum as long as it comes from them, because some people couldn't have the time to read all the information here so having new threads would also be a good idea. And you're exactly right, different person, different post would lead to different opinions, thoughts and information. Not only would be applicable to any person who's forgetful, cause sometimes people despite being in the space would still question Bitcoin's potential so hearing other thoughts would help them to have their own decision. Everyday there's new threads adding here in the forum so it wouldn't be a surprise to see some threads just disappear. If you are a newbie in this forum if you explore, for you would only focus on the first page which I've also experienced.
Bitcoin is a digital property that can be bought without any other expenses attached to it unlike some physical properties expecially Real Estate that has other much expenses that is needed to be spent first before getting the main property, if one should consider to convert this property into another form it will take more expenses for it to get done.
That's right, Bitcoin is the best place to store compared to Real Estate. But for me the two cannot be equated because both are different and have different characteristics. As you said, Another important factor is why real estate is worse than bitcoin as a long term investment tool. As investors buy real estate, it becomes increasingly inaccessible to the average person as a basic need – shelter, both physically (few people can afford downtown real estate) and financially (bubbles, debt-burdening mortgages). . Investing in bitcoins makes all owners of the bitcoin network richer and the growth in the price of bitcoins does not affect the cost of basic human needs (food, water, energy, shelter).Another positive benefit of not making real estate an investment vehicle is that it allows us to function more efficiently. Because so many luxury homes are built in the mountains near tourist attractions and most are not rented or used by their owners, who are often wealthy people looking for ways to protect their assets. This is what I see in the area where I live.
Assuming that everyone in this space wants just to make money out of bitcoin although I don't see how it's a bad thing or that it's something that we should frown upon isn't a good idea imo because we live in a world where money makes your life easier so what's the point of not embracing that idea instead of becoming an outcast about that idea. I think that most people in the bitcoin space are smart enough to know that bitcoin's a store of value too and it's kind of dickish of you to remind them of something that they already know.
This sort of thing does recur, lots of previous threads have been discussed maybe for some people this is a bit stale and yes those who remember will know this, but it doesn't matter because each discussion with a different analogy leads to a different train of thought in the future even though in essence it has the same essence, and again this can be used as a solution to remind some people who they might forget, because human nature is forgetful, it needs to be added that this will be a concern for new people who enter this forum and they didn't find this by accident, because it might be piled up with other discussions if they were purposely looking. 
A lot of people only think of how they can make money from bitcoin to become rich and this is all they can think about bitcoin. Bitcoin can be as a store of value for all assets, making every properties to remain valuable. Bitcoin is a digital property that can be bought without any other expenses attached to it unlike some physical properties expecially Real Estate that has other much expenses that is needed to be spent first before getting the main property, if one should consider to convert this property into another form it will take more expenses for it to get done.
The most used asset before btc as a storage was Gold and silver but there is lot if limitations in other assets like you cannot easily convert it to other form and also tax is included when you buy or sell. In my country we have to pay 5-10% tax when we sell. BTC is totally different from these assets and best asset to use it for store of value.
Yes Bitcoin transformation is very easy, fast and without any cost. One another superiority of btc over other assets is high market cap and anytime if we need fund we can easily sell instantly on market price while in case of property (land, plaza) we have to look for seller with good price and we have to wait for some days to sell our property.
Assuming that everyone in this space wants just to make money out of bitcoin although I don't see how it's a bad thing or that it's something that we should frown upon isn't a good idea imo because we live in a world where money makes your life easier so what's the point of not embracing that idea instead of becoming an outcast about that idea. I think that most people in the bitcoin space are smart enough to know that bitcoin's a store of value too and it's kind of dickish of you to remind them of something that they already know.
People currently choose Bitcoin as an asset as their main source of earning money because Bitcoin is a store of wealth as we all agree. Especially when a person aims to get rich by investing money in Bitcoin and expects a lot of profit from it and he can earn good profit in future. We will take Bitcoin as the root of all wealth as this virtual currency is currently so popular that it has enabled the modern world to move forward. Bitcoins are now more trusted by people than their real estate because Bitcoins can be purchased at no cost. We call Bitcoin a store of value because when it is bought at a low price and sold at a high price, we profit greatly. That's why we call bitcoin a store of value and accept bitcoin as our future asset and help change our lives.
As a good store for value it will be good for bitcoin it will increase the popularity of bitcoin but it will take a long time as not all places have got bitcoin validation yet. Bitcoin is usually bought as an investment, buying cryptocurrency in hopes of profiting from market movements. These people first consider bitcoin as a speculative tool. Others simply consider cryptocurrency a new way of spending money. The number of sites that can use bitcoin as an investment is increasing. As technology evolves, we have more futuristic forms of money in Bitcoin and other cryptocurrencies. Bitcoin will reach new heights as a global alternative currency.
Those who held Bitcoin in 16k now have a good return opportunity. Because Bitcoin is a good store of value as it can increase the value of the asset financially depending on the volume purchased. Bitcoin is actually a digital asset that can be considered as a store of value. I don't agree with the comparison of Bitcoin to real estate because they are separate platforms in their own right and their benefits are different. Real estate and other properties that appreciate over time, and real estate businesses have many legal complications, but Bitcoin is a really good store of value. People who don't like to invest in real estate can invest in Bitcoin if they want.
Indeed, volatility creates the opposite — Bitcoin has the potential to be an attractive investment vehicle, but it also poses a risk to a stable store of value.
The fact that Bitcoin offers decentralization and global tradability is an important advantage. However, volatility can cause unexpected changes in asset values. This may make many people hesitant to use Bitcoin as a long-term store of value.
How the market evolves and how Bitcoin integrates into the global economy will determine whether it can truly become a reliable store of value. When assessing the potential and role of Bitcoin in the future, it is important to consider two aspects – the benefits of decentralization and the impact of volatility.
The fact that Bitcoin offers decentralization and global tradability is an important advantage. However, volatility can cause unexpected changes in asset values. This may make many people hesitant to use Bitcoin as a long-term store of value.
How the market evolves and how Bitcoin integrates into the global economy will determine whether it can truly become a reliable store of value. When assessing the potential and role of Bitcoin in the future, it is important to consider two aspects – the benefits of decentralization and the impact of volatility.
Indeed bitcoin is a good store of value as it equates the worth of your assets in monetary value depending on the volume purchased. Bitcoin does not need any third party to keep it in safe for you but you could do that yourself free and void of any charges just like the banks and other agencies does while holding your fiat and managing your assets while using it to do business and still charges you for safe keeping when they have already made huge amount of profit from it.
When it comes to real estate for instance, you will have a lot of bills to pay running from maintenance fee to security cost to other bills which would be accruing for you and also third parties involved such as agent, paying of tax etc but holding bitcoin as a store of value puts you on an expenses free situations compared to the real estate and other activities. It gives you that sense of belonging as you see your assets value price appreciating as the case maybe but one should also have it in mind that sometimes markets decline i.e volatility occurs in the market just as real estate and others depreciate in value overtime.
When it comes to real estate for instance, you will have a lot of bills to pay running from maintenance fee to security cost to other bills which would be accruing for you and also third parties involved such as agent, paying of tax etc but holding bitcoin as a store of value puts you on an expenses free situations compared to the real estate and other activities. It gives you that sense of belonging as you see your assets value price appreciating as the case maybe but one should also have it in mind that sometimes markets decline i.e volatility occurs in the market just as real estate and others depreciate in value overtime.
But to be categorized as a good store of value then I think Bitcoin is not suitable for that. Because Bitcoin still has high volatility which can make its value decrease suddenly or increase suddenly. Bitcoin for me is better called a revolutionary for the world of decentralized digital finance. For me, Bitcoin is a digital asset that has the best potential for the future. So that made me personally decide to invest in Bitcoin for the long term. Accumulate patiently and calmly. Well there is a certain satisfaction in doing so. But to be used as a store of value for me Bitcoin cannot yet be at that level. The store of value for now is still held by Gold and other things that are not affected by Inflation.
Although bitcoin is also considered an inflation-resistant asset and is not affected by inflation. But it's too volatile, so to be fair, bitcoin is not a good store of value. And I also agree with you, if we are looking for a good store of value, then gold is the number one candidate.
Currently, for me, bitcoin is only suitable as an investment or an alternative payment method. But in the future, if it becomes more stable and recognized worldwide, it could become a good store of value, even surpassing gold because it is so much more convenient.
But to be categorized as a good store of value then I think Bitcoin is not suitable for that. Because Bitcoin still has high volatility which can make its value decrease suddenly or increase suddenly. Bitcoin for me is better called a revolutionary for the world of decentralized digital finance. For me, Bitcoin is a digital asset that has the best potential for the future. So that made me personally decide to invest in Bitcoin for the long term. Accumulate patiently and calmly. Well there is a certain satisfaction in doing so. But to be used as a store of value for me Bitcoin cannot yet be at that level. The store of value for now is still held by Gold and other things that are not affected by Inflation.
You know, whether we're talking about real estate or Bitcoin, it's all about the wild ride of price swings. Imagine this: when you venture into the world of real estate, you're tapping into an economic powerhouse, a fortress of value that stands tall against regular money or other groovy assets.
Now, shift gears to the Bitcoin arena. It's like a daring expedition for the bold hearts, those risk-takers who chase excitement. Jumping aboard is a breeze, no complicated mazes to navigate. But here's the thing: if you're holding Bitcoin, you've got to armor up mentally because the price shuffle happens faster than your top track on Spotify.
Both have their shiny pros and tricky cons, and it all depends on your personal risk swagger. So, where's your vibe? Are you the guardian of property value or the trailblazer of digital coins?
Now, shift gears to the Bitcoin arena. It's like a daring expedition for the bold hearts, those risk-takers who chase excitement. Jumping aboard is a breeze, no complicated mazes to navigate. But here's the thing: if you're holding Bitcoin, you've got to armor up mentally because the price shuffle happens faster than your top track on Spotify.
Both have their shiny pros and tricky cons, and it all depends on your personal risk swagger. So, where's your vibe? Are you the guardian of property value or the trailblazer of digital coins?
Well, OP, if you just know why many people choose to invest in Real Estate than Bitcoin, you probably have the idea. But I gonna tell you that it is because of the volatile sentiment of Bitcoin. Yeah, I would agree that people are thinking for a profit because they are investing in it and they are expecting ROI. It is somehow you know that the volatility of Bitcoin many investors suffer losses but if you are investing in Real Estate, they are sure about their profit earned, not losses. Bitcoin is a good investment ONLY if you can hold it and never think it was a safe haven because of its volatility.
I agree with you, I really don't understand why people call bitcoin a store of assets while bitcoin is very volatile and arguably the most volatile of all asset classes. If we want to find a store of value, we should use gold or real estate, not bitcoin.Bitcoin is a digital property that can be bought without any other expenses attached to it unlike some physical properties expecially Real Estate that has other much expenses that is needed to be spent
That particular type of uniqueness is what sets bitcoin apart from other assets. When you have bitcoin as a store of value for your assets, no further charges should be incurred. Your only responsibility is to store your seed phrase safely. You can decide to take it anonymously and go wherever you want without anyone being aware of how valuable your assets are in bitcoin. 
Bitcoin is a digital property that can be bought without any other expenses attached to it unlike some physical properties expecially Real Estate that has other much expenses that is needed to be spent
That particular type of uniqueness is what sets bitcoin apart from other assets. When you have bitcoin as a store of value for your assets, no further charges should be incurred. Your only responsibility is to store your seed phrase safely. You can decide to take it anonymously and go wherever you want without anyone being aware of how valuable your assets are in bitcoin. Bitcoin is a store of value, it can converted from one currency to another without losing any value.
I agree that bitcoin is a store of value, however, your claim that it doesn't lose value when converted to another currency is untrue. Are you aware? Bitcoin's value is either decreasing or increasing. Due to its volatility, its values do not continue to be the same at any given time Jump to: