Topic: Bitcoin still bigger in 2019 from all other Commodities - page 4. (Read 873 times)
although at this time we are still in the bear market but in reality in 2019 bitcoin is still a profitable investment tool. because it can provide greater benefits than other investment tools. some investors who want to get rich quickly do not see this, they continue to complain about the decline in bitcoin. and they also hope that on bitcoin halving day they want bitcoin to continue to rise and soon reach a month like 2017. Even though it's not like that in cryptocurrency there's always an up and down trend.
Bitcoin has really come to gain strength and wider adoption even with so many varying degree of acceptance from around the world. It's very satisfying to see Bitcoin come out on top of the list as regards to this. Bit one thing needs to be pointed out here, Bitcoin us a digital currency and not in same bracket with these other commodities listed here. It's quite ridiculous.
Bitcoin is clearly correct that it is a digital currency and until now it was the biggest and influential in its field. and now we must believe that it is still the biggest and most recognized and certainly very much in demand by many people, because it is considered the most very profitable for those who hold it.
While somewhat a good news, Bitcoin is not meant to be an asset, but rather a mode of payment, a currency. And so this news is good for speculating investors, but for true adoption to happen, people must not see it as an asset but rather a currency that they could actually use in alternative for fiat currency.
Bitcoin has really come to gain strength and wider adoption even with so many varying degree of acceptance from around the world. It's very satisfying to see Bitcoin come out on top of the list as regards to this. Bit one thing needs to be pointed out here, Bitcoin us a digital currency and not in same bracket with these other commodities listed here. It's quite ridiculous.
Quite true realizations. While having so much complaints about the red days but if we can see the whole picture, bitcoin still has the highest increases and returns. I don"t think the comparison of price between other products and btc is reasonable but this will just to make us to reflect that bitcoin is still worth it even the market is still suffering.
Let us not forget that from the past years, the improvement and growth of btc's price has an optimistic impact of development. The market will recover soon, I assure you that.
Let us not forget that from the past years, the improvement and growth of btc's price has an optimistic impact of development. The market will recover soon, I assure you that.
Of course, due to the volatility of bitcoin, such percentages are obtained, between other industries. Bitcoin, as always, comes first.
Bitcoin did surpass all the other investment assets in terms of return. But the volatility is a huge factor which increase the risk manifold. So, more the risk more the return people will expect. Therefore, Bitcoin giving more return than gold or stock market isn't a big deal as risk associated with the investment is equally high.
It is good for diversifying your investment but I think the traditional investors are still not ready to shift or adopt cryptocurrency as an investment.
It is good for diversifying your investment but I think the traditional investors are still not ready to shift or adopt cryptocurrency as an investment.
first of all from the start of the year's price that was $3200 to the end of the year price which was around $7300 is a ~130% rise not 100% since your other numbers are accurate to 1% this also needs to be accurate.
secondly bitcoin is not a commodity even if some government say so. it is a currency and it shouldn't really be compared with commodities.
of course i don't think you'd care. you are just filling your website with clickbaits
secondly bitcoin is not a commodity even if some government say so. it is a currency and it shouldn't really be compared with commodities.
of course i don't think you'd care. you are just filling your website with clickbaits
I'm big on Bitcoin, guys, but let's face it. How many of us here actually have any commodity holdings of gold, coffee, sugar, etc. Or any inkling of how we might get our hands on any?
I think an investor may very well want to compare commodities but it's a bit unfair on the others to compare. We might as well compare oranges, peppers, and all manner of actual physical commodities traded by merchants. Bitcoin isn't even traded to be consumed, so maybe let's make more relevant comparisons?
I think an investor may very well want to compare commodities but it's a bit unfair on the others to compare. We might as well compare oranges, peppers, and all manner of actual physical commodities traded by merchants. Bitcoin isn't even traded to be consumed, so maybe let's make more relevant comparisons?
It would be lame if you compared Bitcoin to gold. The growth of bitcoin is more than gold because the total capitalization of Bitcoin is very small compared to gold and other markets. Also this market and bitcoin are controlled by whales and they can make the price go up as much as they want.
Agree and we can see it in the data and analysis from the financial groups and they have seen and we are all agree with it that Bitcoin brought a big chances and high returns over the decade compare to gold and any other type of investments. So for me, still it is worth it to buy Bitcoin rather than gold or better if you don't want to risk all, better to invest both.
True!
Thank you for bringing that out.
It seems like others are forgetting about that and all they do was scatter FUD that bitcoin is still not in a good spot.
Greedy people does that.
Well I guess some are spreading FUD for their own benefit, bitcoin has been sitting for a decade now and people already know a lot about these FUD, luckily they don't give a damn about it. Thank you for bringing that out.
It seems like others are forgetting about that and all they do was scatter FUD that bitcoin is still not in a good spot.
Greedy people does that.
They want 50k, 100k and even 1 million USD in exchange for 1 bitcoin.
It ain't right and should not happen that fast.
The slow movement is still what I prefer so that there will be a real reason behind it and not just an imaginary number.
haha we still have people whose optimism level is unreachable, prediction from $50K to $1m is exaggerated given that the supply is limited and I'm sure that won't happen until the last bitcoin is mined. As bitcoin is at the top, the more it is intriguing and eye-soring to people who has a business and connection to the government. It ain't right and should not happen that fast.
The slow movement is still what I prefer so that there will be a real reason behind it and not just an imaginary number.
Though there is no big growth as expected, what's been reached by bitcoin is simply higher than rest of the commodities and other investments. People who invested by the starting months of the year were the one to get big yield out of the bitcoin investment. This year probably will give much big return on the investment, particularly halving is the one giving hope for the year 2020.
Nice, we can't deny how bitcoin perform this year after the huge dump in 2018,we see how bitcoin tries to sustain it's price. There were time that the prices stays in that range in a month trying not to be break any resistance unlike in 2018 that it falls too law in every minute. Adoption and use of bitcoin is still improving despite of all the dump it experience since it really came from a too high price last 2017.
It would be lame if you compared Bitcoin to gold. The growth of bitcoin is more than gold because the total capitalization of Bitcoin is very small compared to gold and other markets. Also this market and bitcoin are controlled by whales and they can make the price go up as much as they want.
This is a good news though. 2019 in retrospect came with lots of challenges as it applies to the crypto world with a lot of hopes dashed and all sorts of prediction and conjectures put to shame concerning the price of bitcoin. It also to a large extent was able to retain the consistent guys which is why the volatility was not seriously sharp across the year. In all it shows that in all of the investment commodities, bitcoin still maintained the top position. As we continue year 2020, there is still more to look out for and more to expect. Brace up people.
Bitcoin was just 3.7K in January 2019 and had a growth of 100% by one year.
Bitcoin has always been priced low at the end of the year and has always increased in mid year. It reached $12K in July 2019. i.e. more than 350% profit from January in just 7 months.
Bitcoin has always been priced low at the end of the year and has always increased in mid year. It reached $12K in July 2019. i.e. more than 350% profit from January in just 7 months.
Perhaps Bitcoin is traded and invested quickly and conveniently in both space and time, the higher the profit level than other commodities, the higher profitability is visible, other goods are dominated. by many areas like shipping costs, consumer demand. in 2020 when bitcoin halves in terms of having it, it could go much higher.
This is not to burst our bubble but Bitcoin has the highest return this year primarily because we were near bottom when the year started. We need to remember that the price of Bitcoin when 2019 started was only around $3,700. That was very low and it could not get much much lower than that. When it's at the bottom, there is no other way but up.
It can't be denied that bitcoin's recovery on 2019 was amazing than any other commodities but I've come to realized that we can't compare it to gold. Tangible and intangible investment that are almost near to what most investors like but that's it. Bitcoin is bitcoin and gold is gold.
We're in the new year where bitcoin's popularity might increase due to the recovery it has done last year. And we're already thinking of the possibilities what might happen by halving, we might or we might not surpass the 2019's good run made by bitcoin, I have excluded 2017.
We're in the new year where bitcoin's popularity might increase due to the recovery it has done last year. And we're already thinking of the possibilities what might happen by halving, we might or we might not surpass the 2019's good run made by bitcoin, I have excluded 2017.
with the data attached we can see that bitcoin is still a good investment in 2019 although the pump does not have much impact on altcoin. but with that data we can see that bitcoin still has the trust of users who invest, and hopefully this year bitcoin still has good trust to be invested by investors
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