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Topic: Bitcoin popularity. (Read 1786 times)

sr. member
Activity: 854
Merit: 451
November 24, 2024, 05:17:54 PM
Well, to be fair, this is the biggest reason Bitcoin is so popular: laundering money is much easier when nobody can track your transactions.
So you mean bitcoin transactions can’t be tracked? This is another anti-Bitcoin. Don’t you think it’s even difficult to track fiat currency? People no longer leave their money in banks. I have seen some people store their money in their house, they have a separate room or building where nobody has access to it, with high security, so they do store their money there, so how will such money be tracked?
 
If you don’t like bitcoin, just say it, but I don’t think you have any excuse for hating bitcoin, all what you are saying is maybe due to you lacking more knowledge about bitcoin, or you already being brainwashed, and you not even being ready to learn about bitcoin. Both bitcoin and other fiat currencies can be used to launder money, so stop associating bitcoin with money laundering.
hero member
Activity: 994
Merit: 772
November 23, 2024, 03:01:23 PM
Bitcoin stands a chance to win and keep excelling now,later and in the future.This generations and the next generation to come will be excited for the evolution.I believe that the popularity of Bitcoin will increase with time because of the positivity and roles putting and placing productives and lasting memories.

The possibility of Bitcoin getting more popular has being increasing always. The more it exist the more it gets popular and right now that the most powerful country in the world is always speaking positive about Bitcoin, it's popularity will continue to increase. More people are aware about Bitcoin then 5 years ago and that's how it'll continue to get popular because everything being said about Bitcoin that's bad has been proven to be wrong.

People investing in Bitcoin are making money while the doubters are going broke. The internet is being helping in making Bitcoin become more popular as the interest is full of youths and they're the ones involved more in investing in Bitcoin and discussing about it on the internet.

Bitcoin is becoming more and more known day by day and people prefer to invest in Bitcoin. Its popularity causes more people to know about Bitcoin and this continues like a cycle. As this process continues, Bitcoin spreads more. Bad news comes out about Bitcoin, but Bitcoin proves this news to be false every time. People have high trust in Bitcoin and gaining this trust is Bitcoin's success.

The new generation has a lot of interest in Bitcoin and this will bring Bitcoin to better places in the future.
sr. member
Activity: 728
Merit: 444
November 23, 2024, 02:26:39 PM
Bitcoin stands a chance to win and keep excelling now,later and in the future.This generations and the next generation to come will be excited for the evolution.I believe that the popularity of Bitcoin will increase with time because of the positivity and roles putting and placing productives and lasting memories.

The possibility of Bitcoin getting more popular has being increasing always. The more it exist the more it gets popular and right now that the most powerful country in the world is always speaking positive about Bitcoin, it's popularity will continue to increase. More people are aware about Bitcoin then 5 years ago and that's how it'll continue to get popular because everything being said about Bitcoin that's bad has been proven to be wrong.

People investing in Bitcoin are making money while the doubters are going broke. The internet is being helping in making Bitcoin become more popular as the interest is full of youths and they're the ones involved more in investing in Bitcoin and discussing about it on the internet.
LDL
hero member
Activity: 742
Merit: 671
November 23, 2024, 12:49:26 PM
Bitcoin is more popular than gold, investors are good platform to invest the money in bitcoin. in this platform high possibility to middle class people also become the rich.
Not all investors can be rich. In this case, there are many investment conditions to be rich. If you don't follow them, it won't take long to become rich and bankrupt with losses. Many people have become rich right now by investing in Bitcoin because Bitcoin went close to $50,000 a few days ago and those who invested at that time got double profits. But those who have been holding for long time have got a lot of profit at the moment. If you want to invest in Bitcoin, you must hold it for a long time.
?
Activity: -
Merit: -
November 23, 2024, 12:32:37 PM
Bitcoin is more popular than gold, investors are good platform to invest the money in bitcoin. in this platform high possibility to middle class people also become the rich.
hero member
Activity: 980
Merit: 585
Leading Crypto Sports Betting & Casino Platform
November 23, 2024, 10:17:33 AM
Bitcoin will be so popular in the future that people will do all kinds of activities in exchange for Bitcoin instead of using paper money. The traditional exchange method of the past i.e. transaction method is slowly losing popularity with the present Generation Z and Generation Z will want something new which they can find through Bitcoin. Moreover, Generation Z is so attracted to online that they will give importance to doing all the activities of their life online through it. And the most important and easy way of online investment and exchange is Bitcoin so all future generations will give importance to Bitcoin.

Bitcoin stands a chance to win and keep excelling now,later and in the future.This generations and the next generation to come will be excited for the evolution.I believe that the popularity of Bitcoin will increase with time because of the positivity and roles putting and placing productives and lasting memories.
hero member
Activity: 1050
Merit: 844
November 01, 2024, 08:52:24 AM
Well, to be fair, this is the biggest reason Bitcoin is so popular: laundering money is much easier when nobody can track your transactions.
Do you think that Bitcoin transactions are not transparent or that you can't see them? If that's still on your mind, I think you should learn more about Bitcoin transactions and the networks that Bitcoin currently supports. And money that is put into certain exchanges for the purpose of buying Bitcoin can also be tracked by banks when you want to know about it. Because when you start putting money into Bitcoin, it will be clearly visible and wherever you send it will also be clearly visible without you being able to hide it.
sr. member
Activity: 322
Merit: 227
Playbet.io - Crypto Casino and Sportsbook
November 01, 2024, 08:38:34 AM
This is the right balance people have trouble with. Some people think it's like gambling and they are fine with it, so they get in, and see bitcoin isn't gambling, so they do either x100 leverage trades or they do memecoins and what not. Some get in and think it's like gambling and they think it's too risky and get out and not really invest anything into bitcoin.

Our mindset about Bitcoin plays a role in helping us to become long term investors or short term investors that are looking for how they can make money from Bitcoin very quick. For people thinking Bitcoin is like gambling, they do not understand how investment works because Bitcoin is looking like how every other investment are. Bitcoin has its risks and not only positive things that can happen. You can buy Bitcoin and the price falls making you to lose when you decide to sell it. Investing into Bitcoin to make profits comes with time and it doe not happen all of a sudden. People do not see the times that you have invested into hodling but they only see when you sell for profit and begin to think, that is how investing in Bitcoin is like but when they do not see same result after buying, they look at altcoins as a better option.
hero member
Activity: 1218
Merit: 608
November 01, 2024, 08:21:56 AM
There is no doubt that bitcoin has gained immense popularity. Agreed bitcoin investment requires patience as long term investment in bitcoin gives good returns and the market goes up gradually through ups and downs. Currently bitcoin is becoming more popular due to the increase in the price of bitcoin which is increasing the demand for bitcoin. The bitcoin market has grown over the past few years and is supported by many countries around the world.
Nowadays bitcoin have been popularity since many top companies and individual make bitcoin as their investment assets or digital payment currency transaction. I don't think any people still do not know about bitcoin and how to get advantage by adopting bitcoin for investing assets or make as the way for payment transaction.
Bitcoin easily get popularity and many people around the world have know well with bitcoin because huge profitable earned when adopting as investment assets and the increasing of bitcoin price more high than stock or other kinds investment way.

I believe ask around ten people right now most of them have understood with bitcoin after more popular and many people will interest when bitcoin on position make new ATH price last several months ago when bitcoin pump drastically.
copper member
Activity: 196
Merit: 6
November 01, 2024, 07:37:18 AM
Bitcoin is one of the best investment right now in the world and some people are already going into it however there is still larger number of people who has not started Bitcoin investment and that is why Bitcoin still has a long way to go, the more popular and the more people invest in Bitcoin the more valuable it will become.

Absolutely of a truth the popularity of something makes it gain fame and influence in the surroundings in which that thing is present, so it's equivalent to Bitcoin it's popularity now should be like a sounding alarm to many to venture into investing in it the earlier the better inorder to reap good of it in turn because it's popularity has caused it to be more valuable and useful and another thing about Bitcoin is learning how to be patient enough and face the markets when the need arises for a rise and fall.
There is no doubt that bitcoin has gained immense popularity. Agreed bitcoin investment requires patience as long term investment in bitcoin gives good returns and the market goes up gradually through ups and downs. Currently bitcoin is becoming more popular due to the increase in the price of bitcoin which is increasing the demand for bitcoin. The bitcoin market has grown over the past few years and is supported by many countries around the world.

..And it also falls due to geopolitics swinging the moods of the people again  Grin
But I do see it as the opportunity to hop onto the train and the future rally for BTC, one of the last opportunities to do so, in fact, during this rally.
?
Activity: -
Merit: -
November 01, 2024, 07:13:37 AM
Bitcoin is not volatile..I didn't read further, fren  Grin
What would be volatile for you?

He probably messed it up mistakenly because based on his whole post, he probably was trying to say that Bitcoin is volatile and not a stablecoin which is why it can be a dangerous investment. That's what most people think about Bitcoin, but if you ask me, I don't find Bitcoin to be "dangerous" because that word is a bit too much.

It has its risks, there is no doubt about that, but if we look at its history, we realize that whoever has invested in Bitcoin at any time in the past could get at least some profit from their investment unless they had sold their assets instead of holding them patiently. Bitcoin is a long-term investment asset, and it's all about patience. You can get some profit if you buy and hold until the price goes above the price where you bought even if it crashes temporarily.

Mostly, only those who sell their Bitcoin out of fear are the ones who lose money, those who hold tend to become profitable, sooner or later.

Let's say it like this - BTC is the most stable out there amongst the ocean of coins and alts, big and small.
Others can't provide as much credibility and faith as the BTC does, for everybody involved.
sr. member
Activity: 1288
Merit: 375
November 01, 2024, 07:07:27 AM
Bitcoin is not volatile..I didn't read further, fren  Grin
What would be volatile for you?

He probably messed it up mistakenly because based on his whole post, he probably was trying to say that Bitcoin is volatile and not a stablecoin which is why it can be a dangerous investment. That's what most people think about Bitcoin, but if you ask me, I don't find Bitcoin to be "dangerous" because that word is a bit too much.

It has its risks, there is no doubt about that, but if we look at its history, we realize that whoever has invested in Bitcoin at any time in the past could get at least some profit from their investment unless they had sold their assets instead of holding them patiently. Bitcoin is a long-term investment asset, and it's all about patience. You can get some profit if you buy and hold until the price goes above the price where you bought even if it crashes temporarily.

Mostly, only those who sell their Bitcoin out of fear are the ones who lose money, those who hold tend to become profitable, sooner or later.
sr. member
Activity: 1204
Merit: 270
Hire Bitcointalk Camp. Manager @ r7promotions.com
November 01, 2024, 06:48:37 AM
Bitcoin is one of the best investment right now in the world and some people are already going into it however there is still larger number of people who has not started Bitcoin investment and that is why Bitcoin still has a long way to go, the more popular and the more people invest in Bitcoin the more valuable it will become.

Absolutely of a truth the popularity of something makes it gain fame and influence in the surroundings in which that thing is present, so it's equivalent to Bitcoin it's popularity now should be like a sounding alarm to many to venture into investing in it the earlier the better inorder to reap good of it in turn because it's popularity has caused it to be more valuable and useful and another thing about Bitcoin is learning how to be patient enough and face the markets when the need arises for a rise and fall.
There is no doubt that bitcoin has gained immense popularity. Agreed bitcoin investment requires patience as long term investment in bitcoin gives good returns and the market goes up gradually through ups and downs. Currently bitcoin is becoming more popular due to the increase in the price of bitcoin which is increasing the demand for bitcoin. The bitcoin market has grown over the past few years and is supported by many countries around the world.
copper member
Activity: 126
Merit: 6
October 31, 2024, 05:52:57 AM
Bitcoin has not gained enough popularity yet due to the fact that it’s not a volatile and stable coin. Investing in bitcoin is quite convincing but dangerous. When you are investing in an unstable coin like ETH and BTC you should have the mindset that you are gambling (you are a crypto gambler). Being a gambler implies that it can go in your favor or against you too. Some people has stopped investing in Bitcoin after being a victim of watching all their investments disappear thereby discouraging and telling people wrong motives and ideas about Bitcoin.

Bitcoin is not volatile..I didn't read further, fren  Grin
What would be volatile for you?
?
Activity: -
Merit: -
October 31, 2024, 05:25:09 AM
Bitcoin has proven to be the best investment over the years, and nobody with a good knowledge of Bitcoin and cryptocurrency in general can deny the fact that Bitcoin is  not the best investment. Considering what early investors have made from Bitcoin since its exitance, I don't think it can be compared to any other investments, such as real estate, gold and others like that.
I think the best investment will depend on each person's needs. If you are looking for high returns and are willing to take risks then bitcoin is clearly the best investment. But for investors who have billions of dollars in hand and what they need is a safe asset, it is clear that bitcoin is not suitable for them, gold or real estate will be more suitable and they will be the best investment for them.

Just because you invest in bitcoin and it's best for you doesn't mean you can impose your thoughts on others. Each person's needs and thoughts are different.
This is the right balance people have trouble with. Some people think it's like gambling and they are fine with it, so they get in, and see bitcoin isn't gambling, so they do either x100 leverage trades or they do memecoins and what not. Some get in and think it's like gambling and they think it's too risky and get out and not really invest anything into bitcoin.

It has nothing to do with gambling ,there isn't a "risk" in gambling, there is a mathematical guarantee that you will lose your money at gambling. In bitcoin however, you have a risk, sure you could lose if you invest at a bad price and it goes down and you sell at a loss, this happens and it's understandable and we could se this happen again, but it's a risk, not a guarantee for you to lose. If you can be careful and invest carefully then you can win. At gambling, even if you win a few times, the longer you play, the higher chance you are going to lose it all, mathematically there is no outcome other than you losing if you keep gambling.

BTC does have some metrics, logic, and cycles.
Gambling - you just play for the sake of it, even knowing what the algorithm is, you won't be able to see it in an open source  Grin
legendary
Activity: 3108
Merit: 1199
October 31, 2024, 05:12:24 AM
Bitcoin has proven to be the best investment over the years, and nobody with a good knowledge of Bitcoin and cryptocurrency in general can deny the fact that Bitcoin is  not the best investment. Considering what early investors have made from Bitcoin since its exitance, I don't think it can be compared to any other investments, such as real estate, gold and others like that.
I think the best investment will depend on each person's needs. If you are looking for high returns and are willing to take risks then bitcoin is clearly the best investment. But for investors who have billions of dollars in hand and what they need is a safe asset, it is clear that bitcoin is not suitable for them, gold or real estate will be more suitable and they will be the best investment for them.

Just because you invest in bitcoin and it's best for you doesn't mean you can impose your thoughts on others. Each person's needs and thoughts are different.
This is the right balance people have trouble with. Some people think it's like gambling and they are fine with it, so they get in, and see bitcoin isn't gambling, so they do either x100 leverage trades or they do memecoins and what not. Some get in and think it's like gambling and they think it's too risky and get out and not really invest anything into bitcoin.

It has nothing to do with gambling ,there isn't a "risk" in gambling, there is a mathematical guarantee that you will lose your money at gambling. In bitcoin however, you have a risk, sure you could lose if you invest at a bad price and it goes down and you sell at a loss, this happens and it's understandable and we could se this happen again, but it's a risk, not a guarantee for you to lose. If you can be careful and invest carefully then you can win. At gambling, even if you win a few times, the longer you play, the higher chance you are going to lose it all, mathematically there is no outcome other than you losing if you keep gambling.
copper member
Activity: 196
Merit: 6
October 31, 2024, 02:33:57 AM
Some people they are misunderstanding Bitcoin because they do see bitcoin as the highest investment someone can make a profit why we have other investment that can give us more profit than the way we may think on Bitcoin so I believe that people should be educated and the understand bitcoin investment because if you use this method or speculation that bitcoin is the highest investment on Earth that will mislead many persons because bitcoin investment is all about risk sometimes we do make profit sometimes we do experience works because you cannot predict the future of Bitcoin that is why I cannot accept your explanation that Bitcoin is the best investment ever someone can invest in the world to make money or make profit

Bitcoin is not only an investment, though it is currently seen in that way by many, and that's okay.
It's more than that. It's a tech, a tech solution for a problem at that. First and foremost, it is that.
And only then - it's an investment tool of sorts.
full member
Activity: 742
Merit: 217
October 30, 2024, 06:15:07 PM
Some people they are misunderstanding Bitcoin because they do see bitcoin as the highest investment someone can make a profit why we have other investment that can give us more profit than the way we may think on Bitcoin so I believe that people should be educated and the understand bitcoin investment because if you use this method or speculation that bitcoin is the highest investment on Earth that will mislead many persons because bitcoin investment is all about risk sometimes we do make profit sometimes we do experience works because you cannot predict the future of Bitcoin that is why I cannot accept your explanation that Bitcoin is the best investment ever someone can invest in the world to make money or make profit
hero member
Activity: 1526
Merit: 509
October 29, 2024, 04:07:45 PM
Bitcoin price increases when demand exceeds supply and decreases when demand falls this means we can play a part in making Bitcoin more valuable and that part is by preaching about Bitcoin to other people in other for them to invest.
That is all about the Bitcoin market the price always rise up when the demand exceeds and later decrease when when the supply are very much in the market, even now if we can observe the price of Bitcoin is not that stable due to the  large number of peoples that much in the market.
Because there is basically no stability in bitcoin so that until whenever we will never find any stability considering bitcoin will still continue to have their characteristics where price fluctuations always occur so that indeed volatility like this will look normal for bitcoin and it will be strange when bitcoin becomes stable in the end.

Now we are in a good trend again even though some things make bitcoin back to correction before especially geopolitical issues that are a bit of a problem but for now I think we can still be confident especially the increase again occurred even today bitcoin regained the price of $70k which of course this is a positive situation and I think everyone (except for those haters) will be happy with this considering we are always waiting for something like this to happen.
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
October 29, 2024, 01:51:13 PM
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The more popular and involvement in Bitcoin the more valuable it becomes and we are the factor that can make Bitcoin achieve popularity, someone introduced me into Bitcoin and I believe that was same procedure everyone followed, is either someone told you face to face or someone posted it online and you read about it, this was how Bitcoin became popular and I believe same thing will make it more popular and more valuable than it is now and is part of the factors that can make Bitcoin hit $500k and above.

Can you reduced your expectations? We will sometime in the future see $500k but nobody knows when. $1m has been a bench mark I have seen been discussed since 2017 by MCAFEE back then but till date, we are yet to see $100k and who knows when we are going to see $500k provided we see these factors that will make it and I hope hope you know that your capital determines how much you will be making if we finally got to that part.

Now back to the Bitcoin popularity. I'm not sure there is a soul right now that has used telegram in their life time that don't know Bitcoin, even people that aren't online type know Bitcoin because of the airdrop people did back then, it gave alot of exposure for people and there is more to come. Even exchanges has done there own to make Bitcoin but all this doesn't matter, what we need is for every household to buy Bitcoin which is why we really need Bitcoin adoption.
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