the bitcoin popularity whether as a currency or an investment is nowhere near as high as you think it is. the best estimation is that less than 1% of the world are showing interest in bitcoin and the rest are either ignorant or too scared to come in due to volatility, FUD, being new and different,...
in any case bitcoin is not supposed to be investment let alone be an exciting or boring one. bitcoin is supposed to be a decentralized currency that nobody can control, censor, block,... and it has been doing that more than well for its entire 11 years of existence.
Topic: Bitcoin soon will become a boring investment? - page 8. (Read 1060 times)
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 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..
If you don't know on what you are doing in this industry for sure you will get bored since you will not anything from it, But if you know on how to find those spots to earn money in every corners of this forum as well on the outside for sure you will get excited on everyday ventures since to be honest there are so many opportunity on bitcoins and cryptocurrency, its up for you to discover it and be resourceful so that you will possibly see those opportunities.
Just don't focus on the value, focus on where you can earn it.
Also, I don't agree that it is becoming common to all or everyone owns a bitcoin. Up until today, the percentage who owns bitcoin is very small as compared to global population. The adoption is growing but the actual users is still very small. And if you are one of those who own even a little stash of it, would be exciting and not boring from my perspective. Someone will be excited as the value is supposed to increase over the years, so I don't think it will be a boring investment anytime soon.
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 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..
If you don't know on what you are doing in this industry for sure you will get bored since you will not anything from it, But if you know on how to find those spots to earn money in every corners of this forum as well on the outside for sure you will get excited on everyday ventures since to be honest there are so many opportunity on bitcoins and cryptocurrency, its up for you to discover it and be resourceful so that you will possibly see those opportunities.
Just don't focus on the value, focus on where you can earn it.
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 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 do think you don't understand the reason why Bitcoins was created. It gives users the freedom from the clutches of corrupted centralized economic system , enables them to own something , protects their privacy and at the same time gives them an opportunity to earn money through trading , which is more or so more profitable because of the higher volatility as compared to fiat.
If we do go according to your way of thinking then , I do think even money would be boring for you now , since everyone owns it.
It was not introduced because it was supposed to entertain people or let those selected few who owned some Bitcoins feel special and different.
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Question #4: Why was Bitcoin created? Satoshi Nakamoto wanted to create a “trust-less” cash system. Satoshi explicitly stated that the reason for creating this digital cash system is to remove the third party intermediaries that are traditionally required to conduct digital monetary transfers.Oct 14, 2017
https://medium.com/bitcoin-blockchain-explained/why-was-bitcoin-created-20ab3a65d952
Would be beneficial if you would read this article.
Just because there is a risk does not mean that people will not invest in the bitcoin or crypto currency. If that was the case stock markets should not have more clients than the previous because from years it is existing and still people invest and trade in it. Thus because of various reasons which will differ from each individual people do invest in crypto and will continue doing so and infact being so volatile the excitement will always continue to rise rather than deplete.
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.
You do have a point. The place became boring lately.
We do not see any big tech advancements anymore. It was a hype-fest not so long ago.
"Lightning Network will fix Bitcoin!"
"ETH 2.0 incoming"
"Hurrrr"
"Sharding on Eth"
"Durrrr"
"LTC on Gox!" (this was too old sorry)
"Schnorrrr!"
"Halvening!"
Hype is pretty much dead. Not just for btc but also for everything else.
We do not see any big tech advancements anymore. It was a hype-fest not so long ago.
"Lightning Network will fix Bitcoin!"
"ETH 2.0 incoming"
"Hurrrr"
"Sharding on Eth"
"Durrrr"
"LTC on Gox!" (this was too old sorry)
"Schnorrrr!"
"Halvening!"
Hype is pretty much dead. Not just for btc but also for everything else.
I'm going to take a deductive leap and assume that anyone talking about being bored is primarily a speculator? Someone looking for fiat profit and having comparatively little interest in the benefits of actually using Bitcoin. The excitement for me comes if/when Bitcoin is ubiquitous and I can spend it anywhere in exactly the same way I currently spend national currencies. If that is to happen, it's seemingly a long way off, though. Until then, enjoy the ride.
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 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..
As boring as gold is. It has its place, but just buying it won't make you rich overnight. What it will do, is keep your wealth safe. So this is your wedge, not fiat, not the $ or the €...
I love it how for the most par of this year it has remained 9k ish, last year was 7.5k ish. This is good, the less it moves, the better. But of course, when the USD collapses, and pulls the other fiats (the idiots pegged to them), the global economy, etc. bitcoin will keep your wealth all the same while everybody else who didn't invest in some asset will lose.
"It can never happen" Until it happens. But then its too late, you cannot escape devaluation once it hits, there won' t be a warning.
Bitcoin isn't necessarily an investment as many do see it, that's why it is good for everyone to read the Bitcoin white paper to know why and what for it is created. Trading it is like trading different other currencies as Forex Marketing. Although earlier investors and miners must have accumulated a lot. Do you know if some Bitcoins are released from early wallets it significantly affects the market price?
when everyone owns a Bitcoin who then will care about it as it will be as common and a boring investment.
This is the key for bitcoin's greater value. Imagine that plenty of people owning it and rushing to have more of it. Why would they? Because bitcoin is scarce and that what makes bitcoin unique and it will never be a boring investment in our era. It's just getting started and the mainstream is already in it so instead of thinking if it will be a boring investment, you should be excited where it's heading.
----=== Bitcoin is not an investment, it is a Currency ===-----
Bitcoin was never developed to be an investment, Satoshi Nakamoto created it to be used as a Currency. As you might know, some people use currencies as investments, like Forex trading and that is a lot more boring than trading in Crypto currencies, because other currencies have a lot less volatility.
People should just use Bitcoin as a currency and see how much better it is to use online with pseudo anonymity. I just donated to a controversial cause and nobody knows who I am. (Other payment options blocked donations to this cause)
Bitcoin was never developed to be an investment, Satoshi Nakamoto created it to be used as a Currency. As you might know, some people use currencies as investments, like Forex trading and that is a lot more boring than trading in Crypto currencies, because other currencies have a lot less volatility.
People should just use Bitcoin as a currency and see how much better it is to use online with pseudo anonymity. I just donated to a controversial cause and nobody knows who I am. (Other payment options blocked donations to this cause)
Allot of people are making investment in Bitcoin, even with the risks involved.
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Everybody want to own Bitcoin. Many have half or more than half of their portfolio invested in Bitcoin already,
Where did you get it?I believe most of investors don't allocate half or more than half of their portfolios into Bitcoin. It is not the investment strategy should be used. In contrast, what you said is a wise investment strategy but unfortunately most of investors don't do this. They do the opposite strategy. All (or most) of their investments are in altcoins. If you need reasons, yes they do so because altcoins are more promising to bring much higher ROE for investors. That is not true and only what newbie investors think and believe in.
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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.
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..
Bitcoin and cryptocurrency are only adopted by young generations. For the middle-aged and elderly, they are readily to make their own researches and invest in bitcoin or crypto. 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..
Thats your opinion mateaybe you are right but I doubt that it will become a boring investment in the long run. In fact, I am excited if ever everybody almost have bitcoin on their purse but seeing many are using it means demand are increasing and if it happens price would drive up.
being a scarce asset similar to gold, the price has the potential to grow overtime.
I think BTC supply is already specifically known even the remaining one, but for gold its still unsure of its scarce there are lot of untouched grounds/areas around the glove that could have source of it means BTC has more likely scarce than this that could increase demand once we unlocked every dust of it. 
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,
Tell you what. If what you said here is true, I can almost guarantee that bitcoin's price will be way higher than it's current price. But why isn't bitcoin's price higher and instead is stagnant? Simply because what you said here is false. Not sure where you get that information in the first place.
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 don't know where you get your numbers here, and saying that it is becoming almost common to all? We are far from adoption, and we even have minted all the bitcoin, so how can it be a common and 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 not a threat but rather the economics and design, not anyone can even own 1 BTC in their lifetime. On the contrary, being a scarce asset similar to gold, the price has the potential to grow overtime.
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 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..
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