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. 
Topic: Bitcoin popularity. (Read 1632 times)
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.
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.
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.
..And it also falls due to geopolitics swinging the moods of the people again
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.
Bitcoin is not volatile..I didn't read further, fren
What would be volatile for you?
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.
Bitcoin is not volatile..I didn't read further, fren
What would be volatile for you?
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.
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.
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
What would be volatile for you?
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.
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
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.
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.
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.
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 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.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.
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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.
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.
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.
A Bitcoin has been coming best place of investment that's a lot of peoples prefers to invest in the Bitcoin them any others coin, because when ever a person invest the money it it can afford lose in the Bitcoin it will be hard for him lose all his money; unlike some altcoins that not all the coins have have guarantee to invest on them, in some altcoins you can make an invest and at the end of day it will end of achieving nothing: that's why a Bitcoin has occupy the number of peoples.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.
Well, to be fair, this is the biggest reason Bitcoin is so popular: laundering money is much easier when nobody can track your transactions.
In terms of using Bitcoin, it really depends on a person in using the asset and how they understand the asset and when someone can utilize the asset well then of course they will be able to get benefits from Bitcoin especially in terms of investing, but if someone uses the asset as a means of money laundering then it will certainly damage the image of Bitcoin and there are even some people who have misunderstood Bitcoin so they only tell other people until other people have a negative attitude towards the asset but still cannot reduce the popularity of Bitcoin for those who have understood the asset well and also for those who really want to learn about Bitcoin.
As we all know very well that Bitcoin is a digital currency, and this currency is an asset. So none of us has the right to use someone else's wealth. Also, we must not forget that Bitcoin is a decentralized currency. Unscrupulous people are always looking for opportunity. I have nothing to say about money laundering. Unscrupulous traders tarnish not only the image of Bitcoin but also the environment around it. People prefer to spread the news. As a result, the benefits of Bitcoin are only visible to Bitcoiners. But with the way Bitcoin is going right now, I think we'll see similar results very soon.
Those who are willing to dig even a bit deeper would get the benefits of the BTC besides the wealth and the storage of value.
Fiat may also be used for laundering, but everybody still uses it
Bitcoin will hit $500,000 & beyond but you have to be patient. Bitcoin is a get rich slow investment. It will happen but you are not going to become a millionaire overnight. Buy Bitcoin regularly for many years & you will be very comfortable financially in 20 years.
Of course I love bitcoin investing, and you are right. Investing in Bitcoin requires patience. We are just ahead of the start of the Bitcoin bull run so investing in Bitcoin at this time will definitely pay off big in one to two years. If you look at the past then you will definitely see the peak growth of Bitcoin, you will be surprised to see this Bitcoin rise from 2010 to 2024. And even from present time you wait till next 15 years surely you will see such Bitcoin price increase, and realize your investment in the form of massive benefits.
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.
In Bitcoin only patience and ability to accept risk and hold on to one's investment according to plan is possible. If you want to invest in Bitcoin, you have to invest only in a long-term way, because I think it will not be possible to make more profit if you invest in Bitcoin without long-term investment. Because long-term investing is the only way to achieve success, those who invested in Bitcoin 10 years ago have had the highest success.
So if you invest from now and in 10 years future you will get maximum success. So only long term investment is most useful, because if you want to invest little by little then definitely follow DCA method. And by following this DCA strategy you can make your investment for long term because you will invest bitcoin weekly or monthly.
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.
All things in the world have positive and negative aspects. Bitcoin and not above. Bitcoin is known to people as a digital currency, which is beyond the reach of the general public. With this people come without full understanding of Bitcoin and face a big loss. As a result, people started to have a negative attitude towards Bitcoin. And after listening to this one, the rest are busy spreading rumours. I think it is never possible to change the thinking of such people
It is true that every thing has positive or negative effects but mainly it depends on the usage of people. If people use them for good then it will definitely have a positive impact but if people use them for negative things they will definitely have a negative impact. Bitcoin is just a currency but if it is used by people for money laundering then it will definitely be bad for people.As we all know very well that Bitcoin is a digital currency, and this currency is an asset. So none of us has the right to use someone else's wealth. Also, we must not forget that Bitcoin is a decentralized currency. Unscrupulous people are always looking for opportunity. I have nothing to say about money laundering. Unscrupulous traders tarnish not only the image of Bitcoin but also the environment around it. People prefer to spread the news. As a result, the benefits of Bitcoin are only visible to Bitcoiners. But with the way Bitcoin is going right now, I think we'll see similar results very soon.
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