Topic: Bitcoin tries to do the impossible (Read 1215 times)

since day 1 i decided to go for cryptocurrency ang Bitcoin it has always amazed me
the way things are temporary and vulnerable and volatile should stay the same
Putting my investment on crypto is really an opportunity and i feel sorry for those who is still in doubt.

We are all aware that increase in price of cryptocurrency is always temporary, there was never a time it was permanent, though the market is always growing little by little, cause if you check the lowest price before compared to what we have now, there is a huge difference. I don't even know how long what we are seeing now is going to be,  but we can still keep on waiting for the bull run,  that's what's I'm interested in,  I've been saving up for this bull run for a long time now and I believe this is the time. So my hodl is definitely going to pay off.

                      The key to the long term economic viability of bitcoin is the massive adoption of Bitcoin as a strong fiat on its own merit.  Over 90 percent of the currency has been mined at this point, so the scalability of Bitcoin as been established.  There are billions of dollars of Bitcoin hodlers at this juncture who will not allow the price of Bitcoin to drop exponentially to zero, because they are in it for the economic picture of 10 years or more.  This stands to reason as it has taken 10 years for Bitcoin to reach it current market capatlization.  The value of Bitcoin is also further stabilized by the alternate cryptocurrencies and the resulting market capatilization which is approaching 1 trillion dollars at some point.
      It is a good rationale that the adaptation of Bitcoin and the underlying technology infrastructure of Biticoin has created a technlogical foot hold of value in the world economic picture.  It is therefore, not a false hope, that investment dollars will vault this technology based economic tool to trillions of dollars on the world stage.  This value will allow anyone to invest in piece of international trade and commerce and therby change the world.
      Bitcoin is not Santa Clause but a solid unit of value the simplifies economic transactions and essentially gives economic output a higher reward.  On the micro level it promotes saving and investment because it is not beuracratic in nature.  ON the Macro level it promoties innovation in blockchain technology the will save companies billions if not trillions of dollars.
         This technology is a win-win for individuals and companies alike and will foster expedient trade practices all across the globe.   Eventually Bitcoin technology will be a unit of value stored in a crypto vault of central banks that is stonger than a vault of gold.   This unit is valuable because everyone will adopt the technology.
      The short term key for Bitcoin is for longterm, institutional-retail ivestors to buy a share of bitcoin and hold on to it for 10 years.  This isthe key to Bitcoin value and the underlying technology.


Marshall Keesee

btc made an impossible once, its going to do that again 

For now it is very difficult to determine what happened to crypto, a lot of analysis since 2018 but nothing is right and many have missed. this year seems to be starting to progress towards an improved one, but will it continue to increase? there are still many questions, but hope this is when crypto starts to grow after there is no market certainty.

  Wow this is nice supposing that all of us will think like this and after that crypto currency will make good development all over this year , so it is good time we should hold because afterward in future it will be so expensive but now is healthier opportunity for us , well now bitcoin is growing in price on a daily basis I hope till the end of the year 2019 the price of bitcoin will goes to pump more than our expectations.

yeah you can do that because you have lots of experience. Some people dont know what to do because there are lots of newbies come to crypto. They put all their money to scam projects.

Now it best time still we have opportunity because price is good in market, so many places are there which offers bitcoin and eth at good price so it is not late, bitcoin has ability to do so many thing beyond possibilities but we should not forget the year 2017 when price of bitcoin was so higher that it made people milliners so anything is possible for Love, war and bitcoin.

Nice thread, my goal is buy and hold

That's what people want to be natural price without any confience isu ETF or something good news. When isu aren't happen price wouldn't dumping, and price keep stable. It did happen like now, Price keep move on top where aren't big news about that.

Did you get an information that SEC has accepted ETF bitcoin? I never heard an information like that even in a few weeks ago SEC has postponed again the application. The increasing price of bitcoin so far was because the giant of media social that is facebook opening back for crypto ads on their platform and also they has announched that their coin which is called as Global Coin will be use in 2020. I guess these information that makes bitcoin price has been increasing until now although there is still a lot of other information that makes bitcoin prices continue to rise.

that means it continues to fluctuate which i don't think is a problem, because the most important thing is that there is no large decline that happen and thus the increase will happen again and bullish will definitely happen and it is very possible

Your opinion seems to have failed, it's not all increase that is temporal, a time is coming that people will struggle to buy bitcoin just at any given price because it would have been very expensive due to scarcity and hoarding. We are just warming up for a market take off. It's better to be better positioned.

it will slow down and it seems like it have right now , and we will go back to some back and forth for months like it used to be.

In my opinion that makes bitcoin prices rise not only the issue of ETFs being approved, but many other factors that make bitcoin rise

Most of the traders not just rely on to ETF bitcoin can be accepted by SEC but they use the opportunity when decide to buy and when decide to sell. Indeed, if ETF bitcoin be accepted then we will see its price will goes up and can touch the new ATH a few years ago. However, I tired to wait when bitcoin can be accepted and most of the news just tell to us that proposal only rejected by SEC and surely these thing will make us hopeless. It will be good we just move on from ETF because there are many news or many companies which has ready to accept bitcoin as their payment system and off course it will makes its price goes higher.

I guess this is the update,

SEC Delays Decision on VanEck/SolidX Filing in Latest Bitcoin ETF Setback


https://www.coindesk.com/sec-postpones-decision-on-vaneck-solidx-filing-in-latest-bitcoin-etf-setback

So obviously, as expected, it was delayed again by the SEC. I really don't understand why they need to delay their decisions. However, as crypto enthusiast are no longer hype by this news, we didn't feel any significant effect of the said news.

I really don't understand your reply. Writing same successful stories also could consider if you do that.

Please take the perfect example and write it better. Because unwanted spamming without relevancy will be considered as spam here in this forum. Then to others, this thread has been opened to ask the suggestion upon the ETF approval and February thread. So reason to answer here unwantedly.

Always there and possible to get more stronger support from newcomers, Bitcoin already shown that things is happening and successful journey ahead will make everyone to believe that it isn't impossible anymore since Bitcoin already achieved it and break the barrier in between.

Well, that is why blockchain technology is here. To make what was once perceived as impossible  to be possible. I think bitcoin has already made possible what many thought ain't possible. And of course, most of the the market movement we are seeing now is temporary. The price is looking to be going up but it's all temporary. But, hey, one can tell strong movement will come.