Topic: Bitcoin is here to stay (Read 493 times)
Exactly right. As long as any item on this planet has a demand from people it will have a worth. It's my belief that there will come a time when any of us, or whoever who hold btc will be able to name their price if someone want's what we have, supply and demand after all
Bitcoin has developed such a great amount since its commencement, so clearly, it turns into a type of advanced cash, a theoretical resource, a store of significant worth. It's truly up to those individuals who put stock in it on how they will treat bitcoin. However, to supplant USD? I don't figure we can get to that objective yet, however as I have stated, on the off chance that I get an opportunity to utilize it as a type of cash to purchase and afterward pay somebody then I will utilize it, been during it throughout the previous 2 years and I don't disapprove of that. Despite the fact that there could be individuals that will contend to simply clutch it.
The so-called gospel, is backed by transparency (Blockchain history) ....not like the Fiat system ...where the government and private financial systems bury their secrets in centralized ledgers and backroom deals.
Bitcoin is also predictable, because you know what the ultimate amounts of token would be that would be mined...not like Gold, where it is a guessing game of how much Gold would be mined in the future.
The current financial system are designed to favor the insider and the educated, not the general public with limited knowledge about the financial systems and the inner workings of Stock/Commodity trading. (Bitcoin allows EVERYONE to get access to trading and using a global currency that are not being manipulated by any government.)
Bitcoin is also predictable, because you know what the ultimate amounts of token would be that would be mined...not like Gold, where it is a guessing game of how much Gold would be mined in the future.
The current financial system are designed to favor the insider and the educated, not the general public with limited knowledge about the financial systems and the inner workings of Stock/Commodity trading. (Bitcoin allows EVERYONE to get access to trading and using a global currency that are not being manipulated by any government.)
I believe in both statement as Bitcoin is a digital currency as most of the people uses it for their transactions and it is also an investment as many of us use it for investing. So as long as we use it and knows how to use it then it doesn't matter at all.
That's right, I've carried out both missions and everything is fine. But behind it all there is something that I learned that blockchain technology. Maybe many people don't care, but I can understand a little about that.
This is a mistake.
For bitcoin is not a currency; it is not money—it is a speculative hedge, an investment, a form of trading, and, quite possibly, the great white whale of finance.
Possibly—but only possibly.
The temptation to talk about bitcoin as the sole product of its inventor’s brilliance has grown during the crypto bubble because, as we know from the history of equity markets and from history as a whole, perception is all. And with a product as new as bitcoin, the halo effect is just enormous.
People talk about bitcoin because they can. After all, even if it has a host of technical limitations and flaws, it is not as boring as the existing consumer-facing products from the payment sector. And bitcoin is not as easy to move money as, say, the ability to convert cash to gold or fiat currency (the dollar, yen, pound, euro). But it’s a hedge, or an investment, or a speculative play, or a currency trading instrument, and those are all ways of getting one to your place of business, or to the point of travel, or to a lender. And, hence, it’s all there in one place, in crypto.
And, especially as I indicated here, it is far easier to talk about bitcoin than to talk about gold, and perhaps even to get people to look at fiat currencies. In that sense, bitcoin is both a new form of money and a solution to the demand for money among an otherwise invisible set of people.
Although bitcoin is a speculative play, I also think its rise tells us something very much larger about how our financial systems work—even if we haven’t come to terms with those larger forces.
Bitcoin is hardly the first effort to create some sort of secure virtual currency that was supposed to replace the US dollar, or a basket of other currencies, or whatever. But here is my problem: I don’t understand how money is supposed to be created. The same people who worry about the lack of transparency in many virtual currencies are of the same people who do not fully understand how accounting works, yet they throw around nearly impossible-to-review theories as if they were all knowable as gospel.
https://www.truepnl.com/
For bitcoin is not a currency; it is not money—it is a speculative hedge, an investment, a form of trading, and, quite possibly, the great white whale of finance.
Possibly—but only possibly.
The temptation to talk about bitcoin as the sole product of its inventor’s brilliance has grown during the crypto bubble because, as we know from the history of equity markets and from history as a whole, perception is all. And with a product as new as bitcoin, the halo effect is just enormous.
People talk about bitcoin because they can. After all, even if it has a host of technical limitations and flaws, it is not as boring as the existing consumer-facing products from the payment sector. And bitcoin is not as easy to move money as, say, the ability to convert cash to gold or fiat currency (the dollar, yen, pound, euro). But it’s a hedge, or an investment, or a speculative play, or a currency trading instrument, and those are all ways of getting one to your place of business, or to the point of travel, or to a lender. And, hence, it’s all there in one place, in crypto.
And, especially as I indicated here, it is far easier to talk about bitcoin than to talk about gold, and perhaps even to get people to look at fiat currencies. In that sense, bitcoin is both a new form of money and a solution to the demand for money among an otherwise invisible set of people.
Although bitcoin is a speculative play, I also think its rise tells us something very much larger about how our financial systems work—even if we haven’t come to terms with those larger forces.
Bitcoin is hardly the first effort to create some sort of secure virtual currency that was supposed to replace the US dollar, or a basket of other currencies, or whatever. But here is my problem: I don’t understand how money is supposed to be created. The same people who worry about the lack of transparency in many virtual currencies are of the same people who do not fully understand how accounting works, yet they throw around nearly impossible-to-review theories as if they were all knowable as gospel.
https://www.truepnl.com/
This is unarguably true. Bitcoin is here and will be here forever. Bitcoin is the first digital currency, although many people do not see it as one, and will continue to be adopted.
For now, the adoption of bitcoin might be very slow because a lot of people do not trust a currency they can not hold. I do believe that with time, these people will get to discover the numerous advantages of bitcoin and hence adopt it.
I do believe that bitcoin is here and is here to stay. Nothing, not even bearish trends or scams related to crypto can stop that.
Bitcoin will really stay due to the fact that people are seeing some great opportunities here compare to the other traditional platforms where people can earn low percentage only.
And I'm not surprise with the slow adoption since somehow many bad incident that creates fear to the merchants and new investors to come here as well the educational teaching on mainstream media is so lacking and sometimes they mislead the news about bitcoin so expect that we will encounter a struggle in terms if fast adoption.
I believe in both statement as Bitcoin is a digital currency as most of the people uses it for their transactions and it is also an investment as many of us use it for investing. So as long as we use it and knows how to use it then it doesn't matter at all.
For bitcoin is not a currency; it is not money—it is a speculative hedge, an investment, a form of trading, and, quite possibly, the great white whale of finance.
I've said it a lot before, and I'm going to say it again. Bitcoin is for whatever you want to use it for. You think bitcoin is only mostly an investment and a speculative hedge? Whatever, I'm going to use it as a currency anyway. Why? Because I can.
And that's the whole point of bitcoin. Freedom and sovereignty with your money.
This is a mistake.
For bitcoin is not a currency; it is not money—it is a speculative hedge, an investment, a form of trading, and, quite possibly, the great white whale of finance.
Possibly—but only possibly.
The temptation to talk about bitcoin as the sole product of its inventor’s brilliance has grown during the crypto bubble because, as we know from the history of equity markets and from history as a whole, perception is all. And with a product as new as bitcoin, the halo effect is just enormous.
People talk about bitcoin because they can. After all, even if it has a host of technical limitations and flaws, it is not as boring as the existing consumer-facing products from the payment sector. And bitcoin is not as easy to move money as, say, the ability to convert cash to gold or fiat currency (the dollar, yen, pound, euro). But it’s a hedge, or an investment, or a speculative play, or a currency trading instrument, and those are all ways of getting one to your place of business, or to the point of travel, or to a lender. And, hence, it’s all there in one place, in crypto.
And, especially as I indicated here, it is far easier to talk about bitcoin than to talk about gold, and perhaps even to get people to look at fiat currencies. In that sense, bitcoin is both a new form of money and a solution to the demand for money among an otherwise invisible set of people.
Although bitcoin is a speculative play, I also think its rise tells us something very much larger about how our financial systems work—even if we haven’t come to terms with those larger forces.
Bitcoin is hardly the first effort to create some sort of secure virtual currency that was supposed to replace the US dollar, or a basket of other currencies, or whatever. But here is my problem: I don’t understand how money is supposed to be created. The same people who worry about the lack of transparency in many virtual currencies are of the same people who do not fully understand how accounting works, yet they throw around nearly impossible-to-review theories as if they were all knowable as gospel.
https://www.truepnl.com/
For bitcoin is not a currency; it is not money—it is a speculative hedge, an investment, a form of trading, and, quite possibly, the great white whale of finance.
Possibly—but only possibly.
The temptation to talk about bitcoin as the sole product of its inventor’s brilliance has grown during the crypto bubble because, as we know from the history of equity markets and from history as a whole, perception is all. And with a product as new as bitcoin, the halo effect is just enormous.
People talk about bitcoin because they can. After all, even if it has a host of technical limitations and flaws, it is not as boring as the existing consumer-facing products from the payment sector. And bitcoin is not as easy to move money as, say, the ability to convert cash to gold or fiat currency (the dollar, yen, pound, euro). But it’s a hedge, or an investment, or a speculative play, or a currency trading instrument, and those are all ways of getting one to your place of business, or to the point of travel, or to a lender. And, hence, it’s all there in one place, in crypto.
And, especially as I indicated here, it is far easier to talk about bitcoin than to talk about gold, and perhaps even to get people to look at fiat currencies. In that sense, bitcoin is both a new form of money and a solution to the demand for money among an otherwise invisible set of people.
Although bitcoin is a speculative play, I also think its rise tells us something very much larger about how our financial systems work—even if we haven’t come to terms with those larger forces.
Bitcoin is hardly the first effort to create some sort of secure virtual currency that was supposed to replace the US dollar, or a basket of other currencies, or whatever. But here is my problem: I don’t understand how money is supposed to be created. The same people who worry about the lack of transparency in many virtual currencies are of the same people who do not fully understand how accounting works, yet they throw around nearly impossible-to-review theories as if they were all knowable as gospel.
https://www.truepnl.com/
This is unarguably true. Bitcoin is here and will be here forever. Bitcoin is the first digital currency, although many people do not see it as one, and will continue to be adopted.
For now, the adoption of bitcoin might be very slow because a lot of people do not trust a currency they can not hold. I do believe that with time, these people will get to discover the numerous advantages of bitcoin and hence adopt it.
I do believe that bitcoin is here and is here to stay. Nothing, not even bearish trends or scams related to crypto can stop that.
Bitcoin will remain and will not be lost. because bitcoin is the world's first digital asset and the world's first virtual currency, so bitcoin will remain forever. bitcoin can also be used as an investment tool or stock trading so bitcoin will last forever
Nobody can predict if how long it will last because bitcoin has a lot of disadvantages comparing to fiat however a lot of people still uses bitcoin as a part of the adaptation process because us, as bitcoin promoters our mission is to mass promote the bitcoin in order for a lot of people to mass adapt this currency.I think that the peak of bitcoin's popularity has already passed. In 2018, everyone who wanted to get acquainted and try bitcoin for themselves has already done so and expect an even bigger wave after the one that was no longer worth it. The extent to which bitcoin is now widely used around the world in principle covers all the necessary need.
That is true. But I also want to believe that for as long as there are crypto enthusiasts, it will also stay long. I agree with the previous replies that pointed out the different features of Bitcoin, compare to other currencies, and why it is taken as an investment and not its primary function as a currency. Although many have really adopted cryptocurrencies today, I think it will take more time for everyone to acknowledge this currencies as part of ever-evolving society.
Bitcoin will remain and will not be lost. because bitcoin is the world's first digital asset and the world's first virtual currency, so bitcoin will remain forever. bitcoin can also be used as an investment tool or stock trading so bitcoin will last forever
Nobody can predict if how long it will last because bitcoin has a lot of disadvantages comparing to fiat however a lot of people still uses bitcoin as a part of the adaptation process because us, as bitcoin promoters our mission is to mass promote the bitcoin in order for a lot of people to mass adapt this currency.I think that the peak of bitcoin's popularity has already passed. In 2018, everyone who wanted to get acquainted and try bitcoin for themselves has already done so and expect an even bigger wave after the one that was no longer worth it. The extent to which bitcoin is now widely used around the world in principle covers all the necessary need.
Bitcoin will remain and will not be lost. because bitcoin is the world's first digital asset and the world's first virtual currency, so bitcoin will remain forever. bitcoin can also be used as an investment tool or stock trading so bitcoin will last forever
Nobody can predict if how long it will last because bitcoin has a lot of disadvantages comparing to fiat however a lot of people still uses bitcoin as a part of the adaptation process because us, as bitcoin promoters our mission is to mass promote the bitcoin in order for a lot of people to mass adapt this currency.
Bitcoin will remain and will not be lost. because bitcoin is the world's first digital asset and the world's first virtual currency, so bitcoin will remain forever. bitcoin can also be used as an investment tool or stock trading so bitcoin will last forever
The only adoption is what do we need for Bitcoin to stay. Common people just come and go because they never understand crypto and the capabilities to understand as well.
Bitcoin's creation is for intended for as a currency but it was far from its realization since most bitcoin holders never sees that thing but to consider it as an asset for investment. But the good thing with the situation today that contibuted to crypto market is that people are making their way to use Bitcoin for payment aside from considering it as an investment.
Because they have no Idea what Bitcoin is and most of those Leaving this market are those Greed that fails in their target easy money.Bitcoin's creation is for intended for as a currency but it was far from its realization since most bitcoin holders never sees that thing but to consider it as an asset for investment. But the good thing with the situation today that contibuted to crypto market is that people are making their way to use Bitcoin for payment aside from considering it as an investment.
Because looking at what the situation is?Most people that enters Crypto without proper knowledge and will,always come to losses.
I only see bitcoin as a digital currency which has been said by the creator of bitcoin, namely Satoshi Nakamoto, so whatever the complete description, you all will not care about it, because in my opinion bitcoin is not just for investment, bitcoin can be used according to your own wishes and needs depending on how you will do it.
But this is what the way this community and market goes,SOme looks at this as investment while others use this as real currency(in limited ways i guess)but Bitcoin will always here to stay and that is something what i believe to.
The first step to bitcoin adoption is to accept that it's a currency. After all, it's competing against fiat money, which is also a currency (in terms of the goal to decentralize the financial system). Imagine inventing the time machine, but after introducing it to the public, it was accepted and used as a teleportation machine instead. That time machine will never serve its purpose.
A lot of people do still think that bitcoin is not a currency due to its volatility in the market.
But when you connect it in to the use of fiat in terms of the market, bitcoin can somehow have a huge difference to it.
If you are knowledgeable about bitcoin's capability of making someone become successful and you are not affected by other people on how you use it in the market. Therefore, you are in the right path and you are treating bitcoin and using it in the proper way. You are trusting it and you are treating it just a normal currency that you make as an asset for your investment.
Many call it as investment since this is introduce as investment to the other persons promising that they can earn huge with bitcoins so its not a surprise if someone call bitcoin as investment and not a currency.
The profitability can potentially bring by bitcoin is so huge especially if you know how to play the market volatility but if people just dive in and seek for quick scheme then most provably they will lost their money for some uncertain things.
The only adoption is what do we need for Bitcoin to stay. Common people just come and go because they never understand crypto and the capabilities to understand as well.
Bitcoin's creation is for intended for as a currency but it was far from its realization since most bitcoin holders never sees that thing but to consider it as an asset for investment. But the good thing with the situation today that contibuted to crypto market is that people are making their way to use Bitcoin for payment aside from considering it as an investment.
Bitcoin's creation is for intended for as a currency but it was far from its realization since most bitcoin holders never sees that thing but to consider it as an asset for investment. But the good thing with the situation today that contibuted to crypto market is that people are making their way to use Bitcoin for payment aside from considering it as an investment.
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This is a mistake.
For bitcoin is not a currency; it is not money—it is a speculative hedge, an investment, a form of trading, and, quite possibly, the great white whale of finance.
Bitcoin can be used as whatever the investor wants it to use.For bitcoin is not a currency; it is not money—it is a speculative hedge, an investment, a form of trading, and, quite possibly, the great white whale of finance.
Bitcoin for others can be a currency (unfortunately this isn't the case as most of the people aren't using Bitcoin for transaction purposes like customer-merchant transaction).
Bitcoin for others can be a form of investment like the stock market and the like.
Bitcoin for other can be a speculative hedge like what most are doing now. Investing some of their money just to hedge. No evidences regarding this just my opinion and my feeling
.Bitcoin will be here to stay for sure and please remove your spam link in the end of your post
. The first step to bitcoin adoption is to accept that it's a currency. After all, it's competing against fiat money, which is also a currency (in terms of the goal to decentralize the financial system). Imagine inventing the time machine, but after introducing it to the public, it was accepted and used as a teleportation machine instead. That time machine will never serve its purpose.
A lot of people do still think that bitcoin is not a currency due to its volatility in the market.
But when you connect it in to the use of fiat in terms of the market, bitcoin can somehow have a huge difference to it.
If you are knowledgeable about bitcoin's capability of making someone become successful and you are not affected by other people on how you use it in the market. Therefore, you are in the right path and you are treating bitcoin and using it in the proper way. You are trusting it and you are treating it just a normal currency that you make as an asset for your investment.
I only see bitcoin as a digital currency which has been said by the creator of bitcoin, namely Satoshi Nakamoto, so whatever the complete description, you all will not care about it, because in my opinion bitcoin is not just for investment, bitcoin can be used according to your own wishes and needs depending on how you will do it.
This is a mistake.
For bitcoin is not a currency; it is not money—it is a speculative hedge, an investment, a form of trading, and, quite possibly, the great white whale of finance.
Then should we change it to crypto speculative hedge instead of calling it crypto currency?For bitcoin is not a currency; it is not money—it is a speculative hedge, an investment, a form of trading, and, quite possibly, the great white whale of finance.
It is really sad to say but most of the newbies really see it as an investment tool not as a currency as it is created for that purpose.
there is no problem what the best word for the most important mention is that bitcoin is still a very lucrative investment and can make people feel happy because they have very valuable bitcoins, apart from not having, for a while of course you will only listen to how those who have bitcoin feel happy.
in some form of the other, yes. Even if it's value goes to 0 there'll also be a recorded history of it on the blockchain, so technically it's built to last forever. The bet however is that it's here to stay AND has value down the line, which I'm sure it will have even 20 years from now.
I am not technically inclined with blockchain and bitcoin to how the transfer works, records and how miners confirm transactions but one thing that I am certain is that btc will not going to end technically because the dev can possibly make an upgrade to the system. Bitcoin may going to end but probably because of regulations and other things that bitcoin has been drag into crimes. For now, it would be hard for the authority to shut down bitcoin system.because it has already establish and community wanted it to which authority could listen to the consumers.Jump to: