Bitcoin soon will become a boring investment? - page 3.

carlisle1

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Quote from: Alobo Realer on July 05, 2020, 03:37:50 AM

Allot of people are making investment in Bitcoin, even with the risks involved. Everybody want to own Bitcoin. Many have half or more than half of their portfolio invested in Bitcoin already,

are you not?so you are missing half of your life and not only portfolio .

Bitcoin is the Only reason why this cryptocurrency market continue to prosper so what can we expect from that?

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This digital currency is becoming almost common to all, when everyone owns a Bitcoin who then will care about it as it will be as common and a boring investment.

It will be boring if you have nothing to invest lol.

you are only bitter because you cannot afford holding some so stay in your shitcoin investment.

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I believe this is a treat in the Bitcoin market value, could this actually bring down the market? Or it is a sign for feature increase in the market? Your thoughts are welcome..

The more supporters come to Bitcoin is the more investors will bet in altcoin also because of the high demand of bitcoin and high value people turns to altcoin instead.

bitcoinst

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Bitcoin is too volatile to be a boring investment.
Who exactly do you mean when they say that they have invested half of the portfolio in bitcoin? 2018 cryptocurrency holders?
It is important to understand that those who have not left the market after the fall of 2018 make up only a small part of the people who could invest in bitcoin.
Imagine how many people are disappointed in bitcoin and missed the chance to buy it for $ 3000, and now it costs 3 times more and no one knows what will happen next.

Bitcoinislife09

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Quote from: cabron on July 05, 2020, 05:30:59 AM

It won't be boring if everyone owns a bit of BTC because by the time comes, most of the people will likely be accepting BTC for the services and products they are selling. It would only be boring if you keep it to yourself and not spend it. You need to make use of it like bet it to a casino. That won't be boring or buy an altcoin that you think isn't boring.

Yes I agree bitcoin will not be boring in the future. If you only know more about bitcoin you can make your bitcoin so productive. You can invest your money and wait for the charts and trades then get so much amount of money. You can also use it in betting in online casinos. Soon I believe that bitcoin will also be accepted as a mode of payment in commercial establishments. It would be accepted as one of the currency in many countries. That is why I do not believe that bitcoin investment will soon be boring.

KnightElite

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Quote from: kawetsriyanto on July 09, 2020, 06:19:31 PM

Quote from: Alobo Realer on July 05, 2020, 03:37:50 AM

~when everyone owns a Bitcoin who then will care about it as it will be as common and a boring investment.

Where do you get the theory? And why don't you tell me a clear explanation that a common thing will be a boring investment? You must know Gold, it was already a common thing for years, right? But why it never becomes a boring asset? Huh

Mate, your theory is truly weird and seems like a Bitcoin hater's saying. I bet you have a bad experience in Bitcoin investment or trading. Cheesy

>I suggest you learn more about investment and look deeply at Bitcoin's purpose!!

I think what he meant about boring is when it comes to waiting for long months or years just to sell it. Yeah it will pretty boring if you are just holding it and waiting to the right time to sell it. Of course do not expect that the bitcoin will go skyrocket again especially gold who have low volatility.

If the bitcoin investment is boring for you then it only meand that you do not have passion on it. It is not bad after all because we humans have different preferences in life. Maybe for you bitcoin is boring investment but for others it is not boring and they are really excited whenever they do trading.

teosanru

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Quote from: Alobo Realer on July 05, 2020, 03:37:50 AM

Allot of people are making investment in Bitcoin, even with the risks involved. Everybody want to own Bitcoin. Many have half or more than half of their portfolio invested in Bitcoin already, This digital currency is becoming almost common to all, when everyone owns a Bitcoin who then will care about it as it will be as common and a boring investment.

I believe this is a treat in the Bitcoin market value, could this actually bring down the market? Or it is a sign for feature increase in the market? Your thoughts are welcome..

This is like a double edged sword. On one side you will get less market volatility when a lot of people begin to hold bitcoin for an increased price but the problem comes when you realise that bitcoin get it's intrinsic value from the fact that people use it as a currency and when people are using it as a mere asset. This creates a sort of paradox. So technically it's price is merely a bubble if people stop using it for underlying utility.

princesspoppy

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Quote from: Alobo Realer on July 05, 2020, 03:37:50 AM

Allot of people are making investment in Bitcoin, even with the risks involved. Everybody want to own Bitcoin. Many have half or more than half of their portfolio invested in Bitcoin already, This digital currency is becoming almost common to all, when everyone owns a Bitcoin who then will care about it as it will be as common and a boring investment.

I believe this is a treat in the Bitcoin market value, could this actually bring down the market? Or it is a sign for feature increase in the market? Your thoughts are welcome..

I'm sorry but I don't agree with this. I don't think bitcoin is becoming common to everyone, maybe what you meant by becoming common is that bitcoin becomes common when people hear about it and it has become a "common word" to all of us, but in terms of owning a bitcoin, well I beg to disagree on that. Many people still don't own any amount of bitcoin at all. They may have heard about it but still don't have the money to invest on it.

To those people whom you said to have now lose half or more than half of their investment seemed to be those who invested on the peak amount of it cause if they bought it during the dump, they will probably say that they somehow made a profit from it, but anyway, they still got the chance if they'll just keep their patience on waiting.

LogitechMouse

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Quote from: Alobo Realer on July 05, 2020, 03:37:50 AM

~

Sites?? Articles?? Where did you get your numbers that more than half are already invested into Bitcoin already? Care to share with us

.

When you say that Bitcoin will be boring since everyone owns it mean that Stock Market is considered boring investment too?? Stock Market is more common than Bitcoin and its obvious already. The scenario that I'm seeing is that Bitcoin will be just boring for a few investors if they aren't trading it and they are just holding it. You want to have fun with your investment?? Try trading your Bitcoins so you will not be bored Tongue

Sadlife

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If the whole world owns it then it has probably became an replacement to Fiat currencies and if that happens all those early investors will have become billionaire's. That's still be considered a win because you dont have to worry about volatility because of stability.
Unlike Fiat currencies that is bound to become useless with continuous quantitative easing.

kawetsriyanto

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Quote from: Alobo Realer on July 05, 2020, 03:37:50 AM

~when everyone owns a Bitcoin who then will care about it as it will be as common and a boring investment.

Where do you get the theory? And why don't you tell me a clear explanation that a common thing will be a boring investment? You must know Gold, it was already a common thing for years, right? But why it never becomes a boring asset? Huh

Mate, your theory is truly weird and seems like a Bitcoin hater's saying. I bet you have a bad experience in Bitcoin investment or trading. Cheesy

>I suggest you learn more about investment and look deeply at Bitcoin's purpose!!

lionheart78

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Quote from: Alobo Realer on July 05, 2020, 03:37:50 AM

Allot of people are making investment in Bitcoin, even with the risks involved. Everybody want to own Bitcoin. Many have half or more than half of their portfolio invested in Bitcoin already, This digital currency is becoming almost common to all, when everyone owns a Bitcoin who then will care about it as it will be as common and a boring investment.

I believe this is a treat in the Bitcoin market value, could this actually bring down the market? Or it is a sign for feature increase in the market? Your thoughts are welcome..

I think you worry too much. If everybody wanted a piece of Bitcoin then the value of it will greatly increase. Your worry is already addressed. The finite supply of Bitcoin will make it more valuable, thus in due time when all BTC is mined and the demand keeps on coming, the Bitcoin market will not get boring instead, it will get more interesting.

imstillthebest

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no one said its boring except you . being common is not a threat but its a blessing because finally the long wait is over . you know people always wanted this to happen . that should be the time where btc is now being used just like a normal currency .

it ill become more exciting because price are likely to increase because of too much demand and it can become more volatile too . cryptos are not only compose of one coin but there are other coins if you feel bored

iTradeChips

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Quote from: Anonylz on July 08, 2020, 11:20:17 AM

Quote from: iTradeChips on July 08, 2020, 09:10:40 AM

In my opinion, there are many things we could get from Bitcoins that wouldn't bore us compared to traditional investments like gold and real estate. Bitcoin was created as a currency and it should not really be seen as a solely investment material. It was created so people could use it to pay for goods and services. And that is the good thing once everybody has it, then businesses will demand payment should also be in cryptocurrencies if not bitcoins. This will revolutionize the markets themselves.

As much as that was the intention of Mr Satoshi to use btc as a digital currency but unfortunately it is not that simple because of the limited acceptance, not many online or offline stores accept btc, not everything we consume can be bought by using btc, and for that to happen will take some good amount of time, and in the main time, some people will find it too boring just sitting in the wallet especially now that the market looks a bit stagnant,
Anyways, this always boils down to individual desire and perception.

Many threads have already sprouted to discuss the different things that might affect business acceptance of Bitcoin and other cryptocurrencies and I think after more than 10 years of having cryptocurrency we need some intervention from the supporters of Crypto from the big businesses so that I think if that happen then some companies might be able to create platforms to ease the use of Bitcoin and make it user friendly. Once a payment system would be simplified then it would be easier for businesses to be convinced to use Bitcoin for their businesses.

iTradeChips

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Quote from: Raflesia on July 08, 2020, 09:29:35 AM

Quote from: iTradeChips on July 08, 2020, 09:10:40 AM

In my opinion, there are many things we could get from Bitcoins that wouldn't bore us compared to traditional investments like gold and real estate. Bitcoin was created as a currency and it should not really be seen as a solely investment material. It was created so people could use it to pay for goods and services. And that is the good thing once everybody has it, then businesses will demand payment should also be in cryptocurrencies if not bitcoins. This will revolutionize the markets themselves.

Now many bitcoins are used as paying for goods and services and even online stores have implemented this system to encourage bitcoin as a currency that can be relied on for the community. accustomed to this I'm sure with the revolution that you say it will happen more and more known bitcoin then payment in whatever it will be greatly appreciated by anyone.

It is really satisfying to see that many businesses are adopting the use of Bitcoin as payment. Though I admit that it is not really that big of an impact if we are talking about the local scene. I mean it is not a lot when you try to look further and see that Bitcoins needs more acceptance in the society as a payment system. Anyway a decade is a small amount of time compared to hundreds of years of the development of the currencies that we use today. Bitcoin is still in its infancy and that we will be seeing more of it as time passes by.

michellee

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Quote from: Janation on July 08, 2020, 04:55:54 AM

Quote from: michellee on July 08, 2020, 03:33:54 AM

If they bored of holding bitcoin, they could sell it with the price now, so they don't feel like that Grin

But maybe they need to do another thing, so their mind is not thinking about bitcoin, and they don't have to watch the price moves like today. We need to find what we like, and if you are a trader, doing trading will help you kill the bored, and you will have a chance to make a profit. They can not enjoy the process so that they feel bored.

The price movements are also the reason why people will not be bored at all.

It is true that the price is staying for a while not but a lot of people predict that it will move again so that is worth waiting for. If you will be bored by that, I guess trading and investing is not for you. We need to be patient in fact, people should not be bored by cryptocurrencies at all since they move really quickly, you might turn your eyes away from them one thing you know, you are having a profit.

That is why they always need to check the price, so they can know when they need to sell if their target price is reached. They can set the alarm for some price range, so when the price can be at that price, the alarm will sound. While they are waiting for the price to move, they can try to trade for some amount because that can help them to accumulate more bitcoin amount. But if you think you are hard to analyze in an unpredictable moment, then you can only wait for a while.

Quote from: Reatim on July 08, 2020, 10:59:59 AM

Quote from: michellee on July 07, 2020, 05:30:51 AM

Only people who don't have the patient will think that bitcoin is a boring investment.

actually not only those who have not patience but those people that has no money to invest also,Like others here that talks shits everyday but the truth is for spamming only and to make their post counts complete while the reality?these people has no even a single cent invested in this market,all they have is bounty tokens that automatically sold after being listed in exchange.

They hope that their token can be at the top price like before so they can make a lot of money. But we can not underestimate the tokens because we don't know which tokens that can really increase in the next bull run.

Quote from: Reatim on July 08, 2020, 10:59:59 AM

Quote from: michellee on July 07, 2020, 05:30:51 AM

They can not wait for more to see the bitcoin price will start the rally. If they are learned about bitcoin, they will know that bitcoin needs time to rally, even if the time is one night, that still need time. If bitcoin price starts to rally, the price will be able to break the high price, and I think that will happen in a short time. Everything needs process and time, so if you can enjoy the process, you will not think about anything, and you will have the patience to wait for the time.

Let them be because the one who can wait is the one who will profit,this is one strategy here in crypto specially in Bitcoin.

I agree with that. We need to have patience in the crypto so we will be able to make a profit again.

witcher_sense

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Bitcoin is already a boring investment. More than that it has never been an investment and will never be in the future. What is actually investment in the first place? It is something valuable that you buy with hope to gain some income after some period of time. When you buy bitcoin, you don't get any profits, because in order to get it, you first have to sell bitcoin for dollars, government-issued worthless piece of paper that is being debased, inflated, seized over time. Why would you exchange your sound digital real money for this kind of bad currency? It is stupid, illogical and irrational step, so you remain holding you good money and gain no profit in terms of bitcoin, however it still becomes more valuable over time because of its monetary properties.

Ridwan Fauzi

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When many people know bitcoin and they have interest to having it then bitcoin will have a high price in the future. Do you remember that bitcoin price is based on supply and demand? Yeah you have to remember it.

Logically, when someone has bitcoin in their wallet and they bought at the lower price and its price increased they will be benefited, should we assume that they're bored of it? I guess no. They will not boring at all even they will use it as source income.

In other hand, bitcoin is not only use as an investment place only but it can be use as a payment system as well. It means, if many people there know bitcoin I guess they doesn't mean using it for investment place but they could using it as payment system as well.

Leviathan.007

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The world "Boring" is the opposite of Bitcoin. If you check the price movement dominance during one single day you will understand that Bitcoin is one of the most active markets to trade these days. But investing, Bitcoin used to stop trading for a few days in the begging and everyone said bitcoin is dead, after the dump at 2018 and 2015 again many people were saying bitcoin is not that much attractive for investors but they were all wrong. Here we have the same situation, Bitcoin is still super awesome for many investors, including me.

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Quote from: Alobo Realer on July 05, 2020, 03:37:50 AM

Allot of people are making investment in Bitcoin, even with the risks involved. Everybody want to own Bitcoin. Many have half or more than half of their portfolio invested in Bitcoin already, This digital currency is becoming almost common to all, when everyone owns a Bitcoin who then will care about it as it will be as common and a boring investment.

I believe this is a treat in the Bitcoin market value, could this actually bring down the market? Or it is a sign for feature increase in the market? Your thoughts are welcome..

How do people even come up with such topics? Your whole post is kinda absurd to be honest. It makes no sense at all? People will get bored of investing on bitcoin? I mean how and why? Just because everyone will be investing on it? Everyone invests on stocks and businesses. Do they get bored?
Isn't it a good thing that it is becoming common to all? Isn't this exactly what we want?

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I think there is a matter of common jargon in his words that does not complement what trade is. There is no boring investment, an investment is profitable or lost, simple. Except for conditions that may exist in the market, you can leave with a zero ROI, at which point the above can be boring, happy or sad is subjective.

Actually an asset is evaluated by a market condition based on many statistical variables, such as price, market volume, volatility, profitability, price history, etc., some technological ones such as updates, scalability, security, support, etc.

Anonylz

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Quote from: iTradeChips on July 08, 2020, 09:10:40 AM

In my opinion, there are many things we could get from Bitcoins that wouldn't bore us compared to traditional investments like gold and real estate. Bitcoin was created as a currency and it should not really be seen as a solely investment material. It was created so people could use it to pay for goods and services. And that is the good thing once everybody has it, then businesses will demand payment should also be in cryptocurrencies if not bitcoins. This will revolutionize the markets themselves.

As much as that was the intention of Mr Satoshi to use btc as a digital currency but unfortunately it is not that simple because of the limited acceptance, not many online or offline stores accept btc, not everything we consume can be bought by using btc, and for that to happen will take some good amount of time, and in the main time, some people will find it too boring just sitting in the wallet especially now that the market looks a bit stagnant,
Anyways, this always boils down to individual desire and perception.

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