Bitcoin isn't just an investment, it is the future

enhu

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Quote from: Sanugarid on January 15, 2020, 11:00:15 AM

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Quote from: Wintersoldier on January 10, 2020, 01:49:13 AM

In order for bitcoin serve as the currency of our future, it needs to undergo allot of improvement and upgrades. Basically one of the necessary things we need to upgrade in bitcoin is its transaction speed. Most of the time, we are seeing bitcoin as an investment cryptocurrency, not considering its potential to be the people currency for daily transaction which is indeed, the key to make bitcoin the future of world's currency.

I highly believe that when we adopt lightning network to bitcoin, this problem could be solve and more people will use bitcoin for daily transactions.

I dont think that the bitcoin will be future's world currency because this cryptocurrency needs more improvement due to its numerous disadvantages. There are a lot of things that the fiat can do but the bitcoin cannot such as loans end etc. What we can do here is just to invest and to earn. While in the traditional banking you can loan and you can also pawn things.

Bitcoin is indeed have a disadvantages but look how far it goes, knowing that it is a digital money, it is actually helpful making our transaction faster than ever before and also the safer way to trasmit money with just a blink of an eye. If we consider also every goodness that bitcoin gives to us, and this disadvantages is being innovated or solved maybe we can see that cryptocurrency may be used in the future especially every transaction that we make. I can simply say that everything changes, technology innovates, and as of now there are lots of people who are using bitcoin in many ways such as payment method, for businesses purposes, for their entertainment like gambling, and etc.

Knowing how fast BTC is than the credit/debit cards, people still complains how slow the verification of transactions. This we know because of miners securing the transactions but we also need the scalability which will have side effect when trying to fix it like trading off the decentralization.

The old supporters of BTC as far as I know didn't look at BTC as an investment during that time because it was meant to be spend like money, a digital money but now that we see prices in USD can appreciate due to its market we now tend to look at it as investment.

Sanugarid

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Quote from: Wintersoldier on January 10, 2020, 01:49:13 AM

In order for bitcoin serve as the currency of our future, it needs to undergo allot of improvement and upgrades. Basically one of the necessary things we need to upgrade in bitcoin is its transaction speed. Most of the time, we are seeing bitcoin as an investment cryptocurrency, not considering its potential to be the people currency for daily transaction which is indeed, the key to make bitcoin the future of world's currency.

I highly believe that when we adopt lightning network to bitcoin, this problem could be solve and more people will use bitcoin for daily transactions.

I dont think that the bitcoin will be future's world currency because this cryptocurrency needs more improvement due to its numerous disadvantages. There are a lot of things that the fiat can do but the bitcoin cannot such as loans end etc. What we can do here is just to invest and to earn. While in the traditional banking you can loan and you can also pawn things.

Bitcoin is indeed have a disadvantages but look how far it goes, knowing that it is a digital money, it is actually helpful making our transaction faster than ever before and also the safer way to trasmit money with just a blink of an eye. If we consider also every goodness that bitcoin gives to us, and this disadvantages is being innovated or solved maybe we can see that cryptocurrency may be used in the future especially every transaction that we make. I can simply say that everything changes, technology innovates, and as of now there are lots of people who are using bitcoin in many ways such as payment method, for businesses purposes, for their entertainment like gambling, and etc.

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Quote from: fortunecrypto on January 15, 2020, 08:13:00 AM

We always invest in our future and this is one future investment that is going to yield the most profit in the long run, and we are so lucky here in this generation that discovered and invested in this technology at this early because we are now part of making it great for our children.

Yes and we are lucky to be at the beginning of it so we can be on the cutting edge. We are on the first group of people to be able to buy Bitcoins.

keeee

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Quote from: Kyraishi on October 02, 2019, 02:29:37 AM

Great mindset mate, I really like how people are realizing that BTC isn't another get rich scheme, but it instead does take time and is more about the technology and motives behind it than just making money.

People will need to start looking at cryptocurrencies as not a get rich scheme, or another "bubble" in the tech industry but realize that the technology is going to be incredibly useful for our society in the future.

Its a big yes because as the time goes by, technology get better and better and its not impossible to see bitcoin become useful in the future. Thats one reason why I keep holding it and always have stock because I believe that it would be helpful someday.

elisabetheva

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Quote from: universe_ on January 15, 2020, 04:03:35 PM

Well-written man. Bitcoin is a coin that is very strong. And for cryptocurrency investors so traders, it's one of the largest cryptocurrency investments. Although most people are not interested in the aspect of "knowledge" / "technical." Bitcoin is one of those long-term investments if you just want to invest. Up to months or even a year, you don't get a huge profit. Now if you don't understand what you're going to invest in, would you be patient enough to wait for the profit?

I totally agree with what you say that the key is "patient", because bitcoin investment is a very risky investment and requires a long time and proper analysis. when is the time to buy and when is the time to sell, it takes patience and is not quick to panic. bitcoin is very profitable if it is managed well and understands and wants to analyze well.

universe_

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Well-written man. Bitcoin is a coin that is very strong. And for cryptocurrency investors so traders, it's one of the largest cryptocurrency investments. Although most people are not interested in the aspect of "knowledge" / "technical." Bitcoin is one of those long-term investments if you just want to invest. Up to months or even a year, you don't get a huge profit. Now if you don't understand what you're going to invest in, would you be patient enough to wait for the profit?

viennemariela

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I really liked the statement. Not only does it creates a huge impact on people's mindset but shows the capability of Bitcoin. From what we see in the present, it has helped people in more ways that one can imagine. We may see it as a faster, easier, and more convenient way of earning money, but as we take a glimpse of what Bitcoin could offer more in the future, we can see that it has a big potential when it comes to economic stabilizing, improvement of health department, strengthening poor families, saving the earth, and many more big possibilities.

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Quote from: The Cryptovator on October 02, 2019, 03:31:44 AM

No doubts about that, btc isn't any investment projects. Its currency which would give you good future. But it doesn't mean you will be very rich soon. For me, I would like store bitcoin rather then keep deposit on bank. So you could consider bitcoin as a currency and you might deposit it by holding. Somedays it would give you good return, but you should hold it patiently. If you are unable to hold it for longer then don't put your money on it. Because we really don't know when it will dump or pump. During dump you can't sell it to avoid loss. If you have belief on bitcoin that it would help you on future then go ahead and hold tight. Don't follow any FUD or FOMO. Otherwise you could get REKT.

Yes, really bitcoin is not an investment, it is a good future too. I agree with your opinion. If you invest on bitcoin, you should keep your eyes here all time. Because we do not know when it will pump or dump.

Aurora Castro

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Quote from: Excell110 on October 02, 2019, 02:21:08 AM

From my last post about Bitcoin investment, following the valuable contributions of members of the forum, I learnt that Bitcoin investment is not just something that blossoms in a few days, rather it takes patience.

That gave rise to my new topic.
Bitcoin isn't just an investment, but it is the future...

Let's all share our thoughts about this, in order to encourage ourselves and build a stronger community of users.

Bitcoin is the best investment we can make. Because it is beginning to have recognition in many areas. There are many companies, such as Facebook, that will take out its own Cryptocurrency (LIBRA), which means that cryptocurrencies are coming to stay. So Investing in your financial education is usually profitable, and a conservative cryptocurrency or Bitcoin buying strategy could pay large dividends in the long term. Grin

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Quote from: Eugenar on January 15, 2020, 09:03:43 AM

Quote from: MarioV on January 15, 2020, 04:21:26 AM

Certainly it is the future: it will be our financial freedom when all payments are digital and centralized in the hands of the usual "authorized intermediaries".
One click and the payment is rejected. One click and the account is closed. One click and wealth is requisitioned.

Though, there are possibilities that government and central banks will allow their currencies to be digital, I am very well sure that as long as bitcoin is known as the best cryptocurrency for investment, no currency could defeat it. We might just have a unifying currency which is digital, bitcoin is a blockchain based currency that not just unify the country, but also unifies the whole world. And this is the difference it has compared to other currencies we have.

digital currencies in one country remain different from other countries and only bitcoin is a global currency, therefore I think bitcoin will continue to grow with its own capabilities even though not many countries have legalized it, but currently many developed countries have legalized it, and of course it will be followed by developing countries

Eugenar

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Quote from: MarioV on January 15, 2020, 04:21:26 AM

Certainly it is the future: it will be our financial freedom when all payments are digital and centralized in the hands of the usual "authorized intermediaries".
One click and the payment is rejected. One click and the account is closed. One click and wealth is requisitioned.

Though, there are possibilities that government and central banks will allow their currencies to be digital, I am very well sure that as long as bitcoin is known as the best cryptocurrency for investment, no currency could defeat it. We might just have a unifying currency which is digital, bitcoin is a blockchain based currency that not just unify the country, but also unifies the whole world. And this is the difference it has compared to other currencies we have.

fortunecrypto

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We always invest in our future and this is one future investment that is going to yield the most profit in the long run, and we are so lucky here in this generation that discovered and invested in this technology at this early because we are now part of making it great for our children.

CarnagexD

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I think so, in fact, holding bitcoin to make a profit in a very short time is of no use.
Those who have been holding Bitcoin for a long time have always been a good profit.
As the popularity and demand of Bitcoin grows, Its future is bright, it is going to be realized.
My prediction, Bitcoin is not limited to just being a medium of exchange one day Bitcoin will be used as a everyday currency like U.S. dollars.

Bitcoin in the first place was meant to surpass the fiat currency we have right now, so there's no question as to how bitcoin will take care of fiat. Nonetheless, bitcoin will still need our support to continue being operational up until technology allows bitcoin to become the currency it is supposed to be.

MarioV

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Certainly it is the future: it will be our financial freedom when all payments are digital and centralized in the hands of the usual "authorized intermediaries".
One click and the payment is rejected. One click and the account is closed. One click and wealth is requisitioned.

tianglistrik

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it is true that bitcoin investment requires patience in a period that can not be determined, we only need to be patient waiting for the results we want.

investing does require patience, but you need to know that every human being has a different level of patience. so it's good if investing is done in a timely manner, not just making a buy then be patient to see growth in the market alone and put hope for the pump. here must use techniques so that your funds can circulate correctly and time in investing must be minimized properly.

chip1994

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Quote from: Excell110 on October 02, 2019, 02:21:08 AM

From my last post about Bitcoin investment, following the valuable contributions of members of the forum, I learnt that Bitcoin investment is not just something that blossoms in a few days, rather it takes patience.

That gave rise to my new topic.
Bitcoin isn't just an investment, but it is the future...

Let's all share our thoughts about this, in order to encourage ourselves and build a stronger community of users.

I have also thought about this but it really doesn't make sense when we create a group and support everyone's spirit in holding. Hold is really a good thing but outside the shark is constantly manipulating, we will die soon if we keep passive. I support the fact that we should hold bitcoin from now on due to the halving event and many complicated political developments, we should only have our own plan. That's the rule in trading, because if the group gets too crowded, the sharks will notice and it can manipulate the price of bitcoin more easily.

Kunnu

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Of course yes Bitcoin is the future of good possibilities, advantages and opportunities as well people are getting aware about Bitcoin and its uses day by day which is a positive sign but the problem is there are still some countries left where the people aren't aware about Bitcoin and its structure hopefully the popularity of Bitcoin is enough to make its place in these countries where the Bitcoin is still unknown so the people will understand its structure and good potentials after all the use of Bitcoin is not limited anymore it's getting use in various ways which indicates that the future of Bitcoin is going to be in a positive way.

Wipeout2097

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For me Bitcoin future and the future global coin,There are 7billion people in the world and the the quantity of Bitcoin is just in millions. Majority of population still unaware about the Bitcoin but still massive demand of Bitcoin around the globe.

If developed and underdeveloped countries legalize the the Bitcoin the demand of BTC will be on peak and the high demand results high price that can cross above in Millions.May be not all agree but its my opinion and the future Bitcoin HODLERS is bright.

Wintersoldier

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In order for bitcoin serve as the currency of our future, it needs to undergo allot of improvement and upgrades. Basically one of the necessary things we need to upgrade in bitcoin is its transaction speed. Most of the time, we are seeing bitcoin as an investment cryptocurrency, not considering its potential to be the people currency for daily transaction which is indeed, the key to make bitcoin the future of world's currency.

I highly believe that when we adopt lightning network to bitcoin, this problem could be solve and more people will use bitcoin for daily transactions.

bangjoe

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Someone's patience is very influential on price development, they only emphasize the purpose of biennial analysis, or only highlight the Halving event. If in the end there is no good price development or falls far from previous years, then many will leave and prefer to believe in fud without seeing a longer history before. Although I refuse to give up, I think most holders will give up if bitcoin returns to a negative period in these two years without looking at the future aspects of bitcoin.

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