Topic: Bitcoin is still the favorite choice - page 3. (Read 2437 times)
Of course Bitcoin is the number one currency in my personal view and storages. I already invested and always seeking to invest in only Bitcoin and Bitcoin derivatives. I am a good investor who already invested only Bitcoin from 2017....
I really believe in bitcoin and bitcoin is my number one cryptocurrency because it has face a lot of challenges all the way from 2017 and bitcoin is still struggling to survive bitcoin is my best Cryptocurrency why other coins follow it. Lots of people don't really believe bitcoin will get to this level and I believe bitcoin is still going to go higher very soon.
An important reason for Bitcoin's popularity is that it has withstood the test of time. No digital currency has experienced so many ups and downs like it. It has been discussed many times around the world, and tenacity of its vitality also proves its value from the side.
Moreover, Bitcoin is the most widely-consensus digital cryptocurrency, and it has a strong international circulation. The total amount of Bitcoin is constant at 21 million, and it is halved about every four years. It is scarce. In addition, Bitcoin is a peer-to-peer transaction transmission, free from the intervention of various institutions, and can circulate around the world. You can send your Bitcoin to any corner of the world. Coupled with the fact that Bitcoin has higher returns than gold. Digital currency or encrypted assets represented by Bitcoin is the general direction of the development of the entire financial industry.
The great investor's enthusiasm over Bitcoin is based on its overall progress during last decade, it is proven only crypto asset that surpasses the expectation of investors and breaks the previous record highs. And bitcoin has been presented to the world to comply with the general trend of economic globalization.
https://medium.com/cryptocurrencies-ups-and-down/bitcoin-is-still-the-favorite-choice-598d15fde96f
Moreover, Bitcoin is the most widely-consensus digital cryptocurrency, and it has a strong international circulation. The total amount of Bitcoin is constant at 21 million, and it is halved about every four years. It is scarce. In addition, Bitcoin is a peer-to-peer transaction transmission, free from the intervention of various institutions, and can circulate around the world. You can send your Bitcoin to any corner of the world. Coupled with the fact that Bitcoin has higher returns than gold. Digital currency or encrypted assets represented by Bitcoin is the general direction of the development of the entire financial industry.
The great investor's enthusiasm over Bitcoin is based on its overall progress during last decade, it is proven only crypto asset that surpasses the expectation of investors and breaks the previous record highs. And bitcoin has been presented to the world to comply with the general trend of economic globalization.
https://medium.com/cryptocurrencies-ups-and-down/bitcoin-is-still-the-favorite-choice-598d15fde96f
It is undeniable that Bitcoin is still the "king" of cryptocurrencies. Without Bitcoin, there would be no altcoins and we have to be thankful to Satoshi Nakamoto for making this a reality since it began last 2009. And the rest was history! It's still the favorite choice for most of the crypto enthusiasts around the world.
Bitcoin was built for long-term investment and holders are the true winners (especially if they've bought BTC years ago).
Plus also many countries are starting to adopt bitcoin for this payment system adding trust value to bitcoin. I also heard that many automotive sales and e-commerce sectors accept bitcoin. This may be one of the capitalizations of bitcoin getting bigger and more trusted until now
And that also increases the trust of the people in bitcoin when most of these countries are adopting bitcoin and tells them that it's fine to own bitcoin into their jurisdictions.That's giving them confidence and makes bitcoin at the top choice of their citizens and as well as people who are watching out its progress. There won't be any law that will stop them to own it because that's what they fear.
What they must do is not to impose ban and there's no basis anymore for those people to set back and that means a go signal that bitcoin is fine on their country.
The institutional investors needed the go from regulatory bodies, but I can very well imagine that the people behind those institutions already invested in Bitcoin personally. If they were fully against Bitcoin they would probably also not be that prone to invest in Bitcoin as an institution. But they slowly but surely realize that the train is leaving and becoming faster and faster.
This may be a different case with institutional investor. If you are a company owner, and your country has bitcoin friendly rule then maybe you should also consider this investment early on if you are really interested in the potential that bitcoin has. Private and institutional investor are very different, they have the same goals but very different ways of investing. Private investor only think about profit and their own future, but institutional investor will think about how the balance of the company's balance sheet is maintained and they are also determined to boost the popularity of their company by investing in bitcoin. For example Tesla, now his company is widely known by everyone in the bitcoin community because they invest and accept bitcoin as a mean of payment.
I get what you are saying here but I would say that Tesla is a bad example for a company that gained popularity because it is dealing with Bitcoin or investing in it and accepting it. Tesla has been known by everybody anyway. Kodak is a better example. I think they included the name Bitcoin or Blockchain somewhere and there shares on the stock market went through the roof only because they added a certain word to their name or so. It was a weird story and I think they got some trouble for manipulation as well.
The institutional investors needed the go from regulatory bodies, but I can very well imagine that the people behind those institutions already invested in Bitcoin personally. If they were fully against Bitcoin they would probably also not be that prone to invest in Bitcoin as an institution. But they slowly but surely realize that the train is leaving and becoming faster and faster.
This may be a different case with institutional investor. If you are a company owner, and your country has bitcoin friendly rule then maybe you should also consider this investment early on if you are really interested in the potential that bitcoin has. Private and institutional investor are very different, they have the same goals but very different ways of investing. Private investor only think about profit and their own future, but institutional investor will think about how the balance of the company's balance sheet is maintained and they are also determined to boost the popularity of their company by investing in bitcoin. For example Tesla, now his company is widely known by everyone in the bitcoin community because they invest and accept bitcoin as a mean of payment.
I think you're not the only one who dares to say that bitcoin is the favorite choice, I'm sure all of us must admit that bitcoin is our favorite choice, because bitcoin has been proven to give us freedom in all fields, and which certainly has helped us make our finances so it's better, even though the current price is not good, but bitcoin is still everyone's first choice..
Duh he's not the only one but no, not all of us chooses Bitcoin as their top dog. You probably haven't met certain people like Bitcoin Cash creator who insists Bitcoin is shit and he made the "original BTC", but then after that even his supporters tired out of him and kicked him off to do his own Bitcoin SV thing.
Bitcoin is best, but some people have a strong deniability.
Bitcoin has gained trust and popularity among the masses because it has stood the test of time. Bitcoin remains the world's favorite partly because it is the first cryptocurrency and the leading one in terms of price and partly because many financial institutions are now accepting it compared to other cryptocurrencies. You can easily spend your bitcoins as every merchant accepting cryptocurrencies accept Bitcoin unlike other cryptocurrencies.
Infact, you have to change several of those cryptocurrencies to bitcoin before you can actually spend them
Infact, you have to change several of those cryptocurrencies to bitcoin before you can actually spend them
There are maney coin are stable from cryptocurrency market, Bitcoin is one of them.There are no doubt for greater of bitcoin in the cryptocurrency world. Basically we know that Bitcoin price is very high position than others crypto in the cryptocurrency market.We also know that it's popularity will increase day by day.So I believed that Bitcoin is the favorite choice in this moment.
Yes bitcoin is always my favorite coin and will always be because bitcoin is a good Coin and has a good future.We have definitely got to see some dump now but this is a good time to buy it and save it for the future.
what you say is true, that bitcoin is highly sought after and traded because its value will continue to increase if it is a long term investment. so many are looking for and keeping it, because there will be no loss in investing in bitcoin forever. I think you're not the only one who dares to say that bitcoin is the favorite choice, I'm sure all of us must admit that bitcoin is our favorite choice, because bitcoin has been proven to give us freedom in all fields, and which certainly has helped us make our finances so it's better, even though the current price is not good, but bitcoin is still everyone's first choice..
because from the market cap ranking alone we can see that bitcoin is still the best of all coins, so that fact cannot be denied by anyone. although a few months ago there was a correction but it did not go down once and now there is already visible movement to increase. as the expected increase will occur later this year with renewable ATH likely to be created. we are patiently waiting for it. 
Yes bitcoin is always my favorite coin and will always be because bitcoin is a good Coin and has a good future.We have definitely got to see some dump now but this is a good time to buy it and save it for the future.
I agree with you. Every drop in price of Bitcoin is an golden opportunity for investors to buy more of it and save, because the price will surely rise. Although, Bitcoin price have been between $30k to $40k for some time now. Is not too late to buy. Bitcoin indeed have a bright future, and those investing now will definitely make a huge profit from it in the nearest future. Bitcoin is, and will always be my favorite.
Bitcoin is the best crypto currency still now in the world so it has a large strength in the market. Bitcoin is developed buy the decentralized blockchain based ecosystem where every one can transact globally. One the other hand the price of bitcoin is increasing day buy day. Because of supply limitation the price of bitcoin gradually increasing and peoples interest is increasing day buy day on bitcoin. Lots of organization and countries accept bitcoin as a payment gateway so demand of bitcoin is increasing gradually. For that reason i think bitcoin is still the favourite choice of everyone.
Yes bitcoin is always my favorite coin and will always be because bitcoin is a good Coin and has a good future.We have definitely got to see some dump now but this is a good time to buy it and save it for the future.
I think you're not the only one who dares to say that bitcoin is the favorite choice, I'm sure all of us must admit that bitcoin is our favorite choice, because bitcoin has been proven to give us freedom in all fields, and which certainly has helped us make our finances so it's better, even though the current price is not good, but bitcoin is still everyone's first choice.. Plus also many countries are starting to adopt bitcoin for this payment system adding trust value to bitcoin. I also heard that many automotive sales and e-commerce sectors accept bitcoin. This may be one of the capitalizations of bitcoin getting bigger and more trusted until now
And that also increases the trust of the people in bitcoin when most of these countries are adopting bitcoin and tells them that it's fine to own bitcoin into their jurisdictions.That's giving them confidence and makes bitcoin at the top choice of their citizens and as well as people who are watching out its progress. There won't be any law that will stop them to own it because that's what they fear.
Plus also many countries are starting to adopt bitcoin for this payment system adding trust value to bitcoin. I also heard that many automotive sales and e-commerce sectors accept bitcoin. This may be one of the capitalizations of bitcoin getting bigger and more trusted until now
And that also increases the trust of the people in bitcoin when most of these countries are adopting bitcoin and tells them that it's fine to own bitcoin into their jurisdictions.That's giving them confidence and makes bitcoin at the top choice of their citizens and as well as people who are watching out its progress. There won't be any law that will stop them to own it because that's what they fear.
Plus also many countries are starting to adopt bitcoin for this payment system adding trust value to bitcoin.
The increase in adoption is proof that trust in bitcoin has grown. Bitcoin has long been trusted as one of the most potential investment asset by the community. Now institutional investor have stepped in and invested most of their money to support bitcoin as well as efforts to get better profit opportunities compared to other investment asset. So far there are about 18,768,287 btc circulating in the market. When the demand for bitcoin in the market increases, the price will rise and will also affect the market capitalization to be larger. Adoption is one of the reason why the demand for bitcoin is increasing and that is because its use as a currency has increased.
The institutional investors needed the go from regulatory bodies, but I can very well imagine that the people behind those institutions already invested in Bitcoin personally. If they were fully against Bitcoin they would probably also not be that prone to invest in Bitcoin as an institution. But they slowly but surely realize that the train is leaving and becoming faster and faster.
Plus also many countries are starting to adopt bitcoin for this payment system adding trust value to bitcoin.
The increase in adoption is proof that trust in bitcoin has grown. Bitcoin has long been trusted as one of the most potential investment asset by the community. Now institutional investor have stepped in and invested most of their money to support bitcoin as well as efforts to get better profit opportunities compared to other investment asset. So far there are about 18,768,287 btc circulating in the market. When the demand for bitcoin in the market increases, the price will rise and will also affect the market capitalization to be larger. Adoption is one of the reason why the demand for bitcoin is increasing and that is because its use as a currency has increased.
I think Bitcoin has so many positivity or advantages such as bitcoin uses peer-to-peer technology to operate with no central authority or banks, managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source, its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, that is why bitcoin is still the favorite choice for so many people.
As long as cryptocurrencies still exist, bitcoin will continue to be a favorite choice, the reason is, because fair trading continues to use bitcoin, plus the cryptocurrency's cryptocurrency confidence is so large that bitcoin will be trusted despite the continued number of altcoins.
I think the main reason why bitcoin is still a favorite is because bitcoin is the first currency in the Crypto and most of altcoins following the price of bitcoin. Being a pioneer in the crypto world gives something special to the value of bitcoin.
For me, Bitcoin isn't my favorite choice because i've been more interested to invest on another alts which is ETHREUM, Solana and Rose (80%) filled my portofolio and then the rest is bitcoin (20%).
For me, Bitcoin isn't my favorite choice because i've been more interested to invest on another alts which is ETHREUM, Solana and Rose (80%) filled my portofolio and then the rest is bitcoin (20%).
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