Bitcoin popularity. - page 2. | Bitcointalksearch.org

BALIK

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Quote from: Helena Yu on October 12, 2024, 12:54:26 AM

Quote from: BALIK on October 11, 2024, 11:09:50 PM

Frankly speaking, this is the best investment for people with small and medium capital who want to get rich in the shortest time. Bitcoin is considered the best investment, most of this claim comes from retail investors like us because we see it as the only way to become rich.
But if we look at the big picture and evaluate objectively, bitcoin is just a high-return but high-risk investment, it is not the best investment, you are right.

Bitcoin can't be the shortest time to get rich, even you bought at $15K and sell it at $72K, you only multiplying for 4.8x, if you invest for $1K, now you money turn become $4.8K, it's not a big number.

It can be shortest time to get rich if you trade with leverage.

Bitcoin can't make you rich with small capital, that doesn't exist anymore these days and what I mean is. Bitcoin is an investment that gives faster returns than any other traditional investment and that is why we chose it. Have you seen any traditional form of investment or investments like gold, or stocks...that can bring 5 times the profit in a short time like bitcoin? And many people are relying on this criterion to judge that bitcoin is the best investment, which is true but only true for them when they are willing to take big risks for big rewards.
The best investment needs to meet many criteria such as: popularity, safety, profit margin, liquidity...Bitcoin is not the best investment.

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Quote from: Akbarkoe on October 12, 2024, 06:34:22 PM

To get rich from bitcoin it's too late because we won't get an exponential increase like in previous cycles that could be thousands of percent in a few years, if we look at the ATL (all time Low) in the current cycle it counts 3-4 times if we buy bitcoin from its lowest price in this cycle, then if you want to get 10 times to 15 times it might take 1 cycle to three cycles, but that's with the current count, it could be that bitcoin adoption occurs massively, such as the world recognizing bitcoin as a transaction tool or value as a foreign exchange storage asset throughout the country then 20x or more can happen again.

I don't think it's too late to get rich from Bitcoin. We can't predict the future; we might experience a high increase in the price in the future. If more big companies accept it as payment and more nations adopt it as legal tender or reserve currency, we might experience an excessive. It also depends on how much investors are willing to put in and how long they are willing to wait.

Quote from: Darker45 on October 12, 2024, 09:25:00 PM

Bitcoin will probably grow more popular if we talk about decentralization, immutability, financial independence, transparency, and other features of Bitcoin than if we talk about its potential ROI. The former will attract solid supporters, the latter opportunists.

Only a few people are concerned about privacy and freedom. Most of them only have an interest in making money from investing in Bitcoin. And it is becoming difficult to enjoy privacy in this world because the government is gradually making it harder to carry out any transaction without KYC. A survey of why people are engaged in the Bitcoin space will show that majority came for profit.

Darker45

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To preach Bitcoin as an investment, to exhort people to convert their fiat into Bitcoin may not be that effected, at least compared to just preaching Bitcoin. To talk about Bitcoin itself will probably convince more than when you simply talk about its price.

Bitcoin will probably grow more popular if we talk about decentralization, immutability, financial independence, transparency, and other features of Bitcoin than if we talk about its potential ROI. The former will attract solid supporters, the latter opportunists.

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Quote from: Nothingtodo on October 12, 2024, 10:20:02 AM

Quote from: DeathAngel on October 12, 2024, 08:11:52 AM

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.

Getting rich from Bitcoin requires long-term investment. If invested for 10 or 15 years, that investment will give 10 to 15 times more profit. So those who have enough dollars will invest in Bitcoin and hold it for 10 to 15 years. Long term investment means future billionaires.

In other words, Bitcoin is like most profitable investments that requires time to mature and yield rewards. Truly, no long term buyer that ever regretted purchasing Bitcoin. Those who do, didn't have the patience to continue holding, and as it works, they'll go back to see how much their sold btc is now worth in recent market value. For instance, the proposed US government bitcoin reserve is based on a 20 years interval, because it's rare not to see significant changes in price after holding btc to that length of time.

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Quote from: Zaguru12 on October 12, 2024, 05:58:37 PM

Quote from: Nothingtodo on October 12, 2024, 10:20:02 AM

Getting rich from Bitcoin requires long-term investment. If invested for 10 or 15 years, that investment will give 10 to 15 times more profit. So those who have enough dollars will invest in Bitcoin and hold it for 10 to 15 years. Long term investment means future billionaires.

Seriously the urge to actually get more returns from bitcoin investment is growing and I will say people or investors are getting it wrong to me because the expectations for a pump sometimes aren’t realistic most especially in correspondence to the time frame, bitcoin even in future doesn’t turns you outrightly to billionaire like you have put it out to be, it depends on the amount you put into it if you ask me.

The era where bitcoin actually pumps and does a 100x is gone now if you ask me because the volatility is something that is decreasing as years grow by and seriously i don’t see bitcoin doing a more than 3 in each halving cycle (bull run) from now. So possibly over a 3 halving cycle a 10x is realistic to me than than 15x so making it to millions or billions will require you to have huge capital.

To get rich from bitcoin it's too late because we won't get an exponential increase like in previous cycles that could be thousands of percent in a few years, if we look at the ATL (all time Low) in the current cycle it counts 3-4 times if we buy bitcoin from its lowest price in this cycle, then if you want to get 10 times to 15 times it might take 1 cycle to three cycles, but that's with the current count, it could be that bitcoin adoption occurs massively, such as the world recognizing bitcoin as a transaction tool or value as a foreign exchange storage asset throughout the country then 20x or more can happen again.

Zaguru12

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Quote from: Nothingtodo on October 12, 2024, 10:20:02 AM

Getting rich from Bitcoin requires long-term investment. If invested for 10 or 15 years, that investment will give 10 to 15 times more profit. So those who have enough dollars will invest in Bitcoin and hold it for 10 to 15 years. Long term investment means future billionaires.

Seriously the urge to actually get more returns from bitcoin investment is growing and I will say people or investors are getting it wrong to me because the expectations for a pump sometimes aren’t realistic most especially in correspondence to the time frame, bitcoin even in future doesn’t turns you outrightly to billionaire like you have put it out to be, it depends on the amount you put into it if you ask me.

The era where bitcoin actually pumps and does a 100x is gone now if you ask me because the volatility is something that is decreasing as years grow by and seriously i don’t see bitcoin doing a more than 3 in each halving cycle (bull run) from now. So possibly over a 3 halving cycle a 10x is realistic to me than than 15x so making it to millions or billions will require you to have huge capital.

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Quote from: SuperBitMan on October 11, 2024, 12:59:15 PM

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.
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.

The level to which bitcoin have come so far does not really need us to advertise it further or spread the word anymore. It’s going to do its part to spread its word with the level of adoption it has achieved so far in the world. Bitcoin adoption may get slower due to the number of people that embrace it but it doesn't mean it is not going to achieve its stride in the long run. We just have to be patient and continue embracing the technology to the best that we can, but it’ll definitely reach the peak which it’s aiming at.

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Some people stop Bitcoin investment after some time indulging in it and is because people who told them about Bitcoin didn't give them the right narrative some people will tell them that Bitcoin will give them huge profit in less than no time making them believe Bitcoin is were you can make quick money which is not so, in Bitcoin investment you need to be patient because it takes a long time for Bitcoin to grow.

That is a very wrong narrative that people share about bitcoin and that has made it very hard for some other people to embrace it after they don’t get the expected result after some periods of time they’re told they’ll become rich. The bitcoin market is very vast and needs proper understanding and knowledge before venturing into it. Most people that leave early are those that get it wrongly or put their expectations way higher what they’re suppose to be expecting of the system.

Frankolala

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Bitcoin is on the lips of people, and I don't think that bitcoin is still a baby like back in 2010. The US presidential election campaigns have made bitcoin more famous because that has been the center of attention to win more votes for themselves. This is one of the reasons why preaching bitcoin to anyone is not that important anymore, since bitcoin is now speaking for itself. Anyone who is adamant to adopt bitcoin is based on their own ignorance and pride, apart from those living in interior places who don't have access to modern technology. Bitcoin is still in its transition state and that should be the main reason why one should adopt it, and make investing in bitcoin his priority so that he can accumulate a good quantity before the price skyrocket to a price that only the rich can afford. A time is coming that those who have bitcoin investment will outsmart those who have traditional investment in riches, because inflation will affect anything tradition.

uswa56

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Quote from: Scarlett_23 on October 12, 2024, 12:05:27 PM

As days go by, more and more Bitcoin will grow in popularity. So I think there is a need to forcefully inform those who don't know about it or who don't have knowledge about modern technology. If someone who doesn't know about this can be coerced into investing, he'll think you're a fraud when the price of Bitcoin drops. The price of Bitcoin has increased significantly compared to the past. It will increase in future but no one can say exactly when it will increase. I think if someone comes to bitcoin with interest and positive thinking, he should be given proper information.

If we look at from the beginning of the emergence of Bitcoin until now, then we can see that the development of Bitcoin has been very good and for some people who do not understand well, of course they have to start learning and it would be better if they could try to invest in these assets for their future, when someone is not familiar with the investment will certainly consider it a scam but when they have understood it, of course it will always be trying to be able to accumulate these assets as their future investments.
It is true that the current price of Bitcoin has experienced a very high increase compared to the beginning of its appearance and anyone who is very confident that the asset will continue to increase, of course will try to be able to invest in order to enjoy profits in the future.

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Quote from: AprilioMP on October 12, 2024, 12:10:16 PM

Quote from: SuperBitMan on October 11, 2024, 12:59:15 PM

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.

Bitcoin is already popular even though I have met several people from several different countries who mentioned Bitcoin, but they do not know about it. It could be that the popularity level of Bitcoin is only 90% not 100%. What I am thinking right now is how you and I promote the advantages of Bitcoin to people so that they do not only see Bitcoin from the price side.
Don't miss out on the amount of supply that is still circulating to take part when Bitcoin is rare.

I’m not sure I’d say it is popular. It is still far more common that I come across someone who doesn’t care about it al all than seeing someone who actually owns some. Even the Google search information shows that Bitcoin interest is at a four year low. This is actually a good thing, as it means there is still plenty of upside left.

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Quote from: SuperBitMan on October 11, 2024, 12:59:15 PM

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.
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.

You said some very common talks about Bitcoin. All of this are already discussed more and more times. Bitcoin is not still now too much popular as an investment because it is too much volatile. And I know many countries still not permitted is as a legal currency.

I will say about some barriers why Bitcoin is not the best or a perfect investment in current situation. Because we should know about pros and cons too. The first one is it is not legalised in many countries and it is very very volatile that's why our investment is moving up and down. But for future Bitcoin is absolutely big opportunity to invest in.
another reason you said that Bitcoin pumps because of its demands but sometimes it's not true. Bitcoin certainly pumps because of crypto whales and FOMO buying . Sometime Whales by a lot of Bitcoin to pump it and they make a trap and pump the price of Bitcoin after that they suddenly dump it again by selling their holdings. And many times FOMO buying of Bitcoin push a lot to pump it and people rush to buy more. That's why an unexpected pump occurs.

So we should think smartly about our investment. We can buy Bitcoin for long term holdings in bear market not in a bull market. And still now I think short term holdings is good for small investors.

AprilioMP

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Quote from: SuperBitMan on October 11, 2024, 12:59:15 PM

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.

Bitcoin is already popular even though I have met several people from several different countries who mentioned Bitcoin, but they do not know about it. It could be that the popularity level of Bitcoin is only 90% not 100%. What I am thinking right now is how you and I promote the advantages of Bitcoin to people so that they do not only see Bitcoin from the price side.
Don't miss out on the amount of supply that is still circulating to take part when Bitcoin is rare.

Scarlett_23

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As days go by, more and more Bitcoin will grow in popularity. So I think there is a need to forcefully inform those who don't know about it or who don't have knowledge about modern technology. If someone who doesn't know about this can be coerced into investing, he'll think you're a fraud when the price of Bitcoin drops. The price of Bitcoin has increased significantly compared to the past. It will increase in future but no one can say exactly when it will increase. I think if someone comes to bitcoin with interest and positive thinking, he should be given proper information.

Dr.Bitcoin_Strange

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Quote from: SuperBitMan on October 11, 2024, 12:59:15 PM

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.

Following the history of Bitcoin, we can tell that right from the beginning, Bitcoin was not even taken as a valuable asset and then, people were getting Bitcoin for free from airdrops and miners were rewarded lot more than they can get now. After lots of people identified the potential of Bitcoin and ventured into it, the value continues to increase and that's how it will continue.

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Quote from: SuperBitMan on October 11, 2024, 12:59:15 PM

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.

Bitcoins popularity is increasing by the day and it's all dependent on the role individuals have played in one way or the other to make sure that this actually happens. Some exposed Bitcoin to people even without thier knowledge or intention of doing so and now we have schools now including crypto in Thier curriculum in regions that never knew much about decentralized finance in the past. The more we get more adoptors of Bitcoin, the more popular Bitcoin will become and that's how it's also going to affect Bitcoin price positively.

We've seen Bitcoin getting to $73k even when a large chunk of regions haven't known about Bitcoin and countries haven't even accepted it that much. What will then happens when the number of countries that want to either use Bitcoin as her reserve increases? It's going to be mind blowing. Take out the USDT which is only that popular because of the country that owns it and their role in the world, what's the next big thing as long as matters of finance is concerned is only Bitcoin before any known crypto.

A lot of people don't still believe that Bitcoin can get to $500k the same way earlier investors would have thought that Bitcoin can't get to this level. If it eventually happens, those that are currently buying Bitcoin at this price and hopes to hold thier Bitcoin for the long run will be the ones to enjoy the dividend of thier effort and believe in Bitcoin.

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Quote from: Nothingtodo on October 12, 2024, 10:20:02 AM

Quote from: DeathAngel on October 12, 2024, 08:11:52 AM

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.

Getting rich from Bitcoin requires long-term investment. If invested for 10 or 15 years, that investment will give 10 to 15 times more profit. So those who have enough dollars will invest in Bitcoin and hold it for 10 to 15 years. Long term investment means future billionaires.

Getting rich from Bitcoin is a dream for many investors especially small investors. They accumulate Bitcoin from small amount in certain time and still do that without feel tired. They even don't know when they can sell their Bitcoin but they only know that Bitcoin can increase so high. Bitcoin is not a fast way rich but it needs patience to get the big result in the future. Maybe you will not get the profit but your children will feel that. Bitcoin is the best long term investments for people.

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Quote from: DeathAngel on October 12, 2024, 08:11:52 AM

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.

Getting rich from Bitcoin requires long-term investment. If invested for 10 or 15 years, that investment will give 10 to 15 times more profit. So those who have enough dollars will invest in Bitcoin and hold it for 10 to 15 years. Long term investment means future billionaires.

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Quote from: SuperBitMan on October 11, 2024, 12:59:15 PM

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.
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.
Some people stop Bitcoin investment after some time indulging in it and is because people who told them about Bitcoin didn't give them the right narrative some people will tell them that Bitcoin will give them huge profit in less than no time making them believe Bitcoin is were you can make quick money which is not so, in Bitcoin investment you need to be patient because it takes a long time for Bitcoin to grow.
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.

It is the best popular currency in the world right. Bitcoin is the most popular coin on crypto market. Bitcoin has much potentiality and it is growing high and high. However it was dream once when bitcoin hit thousand of dollar after climbing it was breaking one after another level. We are dreaming to hit 100k$ now at the moment.Surely we will touch it soon. Though we have few downfall but the market will recover soon and surely it will touch its level. That's why it is more popular as currency.

DeathAngel

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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.

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Quote from: dzungmobile on October 12, 2024, 01:41:15 AM

Quote from: Helena Yu on October 12, 2024, 12:54:26 AM

Wrong, SPX6900 is better than Bitcoin now, Bitcoin only make 1.5x while this coin make 25x in less than a year. You don't have to spend a lot money to buy this coin too, even $10 is possible.

I did not know about SPX6900 coin, honestly.

It looks impressive but I know this coin will not maintain its high price for long time. Bull run comes and goes, and only Bitcoin stays with its super strength in bear market. Altcoins are more vulnerable and weaker in bear market when through 2 or 3 years of bear will damage prices of altcoins to the hell.

Congratulate to anyone who get benefits from their bets in altcoins especially shitcoins like SPX6900 but a reminder is never old, "Let's defend your initial capital and defend profit you have now, before it's too late when bear market comes".

SPX69000 is a memecoin created in 2023, if we count from the low of 0.0013 this coin has grown more than 800 times in less than 1 year. But this is not the only shitcoin that has seen such growth, we had a lot of memes that grew strongly when bitcoin hit a new ATH in March. But I don't think pouring money into shitcoins like SPX6900 is investing, it's more like gambling. So it is wrong to compare investing in bitcoin with gambling and say that gambling is better than bitcoin just because we are lucky to win once.

By the way, the bull season is coming and there will be more stories like SPX, and the important thing is who and how many people will make such profits? So it cannot be called investment.

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