Topic: Do you think that people will invest in BTC in future immensely (Read 335 times)

Let's just assume that mentality will just keep popping into people's mind and before we start to get some real life usage of this currency, I can as well just say the value must have increased hugely by then, the institutions must have gotten in with a very huge position and somehow, the price would not be fluctuating that much as it is today and that would only be left with those who are actually using it based on demand and not just holding for speculative FOMO reasons of getting rich overnight.

Actually most people who have lack of knowledge about the specific purpose of bitcoin are really frightened , due to some fake news and being involved in some negative issues such scam accusations and etc.  But i believe the mindset of some people who dont trust bitcoin still has a chance to change , which unless if there is a collaboration to spread good things about it instead of spreading fake information . 'cause indeed mostly news nowadays is fake that's why people become frustrated  and frightened to contribute on bitcoin.

It was being broadcast everywhere some coins that is meant only for profit and coins that is a scam, with this lurking around bitcoin will most likely have a hard time getting new people's trust, every popularity is a good popularity but with too many negative things from coins that is not directly related to bitcoin is not a good thing as it makes people think about investing twice.

What I am thinking is that we should let people adapt the digital generation more and started to understand technology with this there is more people to understand how bitcoin is a such an important asset for the next generation.

The reason on why the market value of bitcoin significantly skyrocketed was due to the hype caused by media, influence and other investors who made their comments and discussions. This sprung out a plethora of new investors who aimed to at least experience the similar situation back in 2009, when investors purchased the first bitcoin and patiently waited until its price increased. When the price suddenly jumped to $20,000 last December 2017, people suddenly invested more and the market crashed when prohibitions were made by China and South Korea.
From then they stopped investing and sold most of their investments without knowing what the nature of bitcoin is.

I find it funny on how some people are stating that bitcoin is "falling" or "dying" in a few years since they are also the ones who mentioned that some should invest in bitcoin for long-term goals. Not to mention, most of them are investors who does not even know anything about bitcoin and its functions, they just followed the current with the hype and hoped for gains!


I strongly believe that bitcoin would be utilized as an alternative currency once countries adapt to its changes and implementations. What hinders from BTC growing are the government prohibitions, ICO bans and potential hacking of exchanges that ultimately affected and caused the disparity from countries in accepting its views.

I could understand that you are mentioning about using bitcoins for payment but bitcoin is now treated mainly as a high ROI giving asset.

Yes they will, there are a lot of people who are only interested on bitcoins if there is a hype in the market so obviously, most of the people will invest if the market will start to pump again.

But why would people use it at all? unless you are in a situation in which you are FORCED to use it (like in Venezuela or whatever) then chances are you will not care less about using fiat to do your daily shopping with bitcoin instead of fiat. People in general don't care, if they government works, they will not look for alternatives.

And the fact that bitcoin can go up 100x in the next 10 years, also guarantees if people have some bitcoins, they will just hold it long term waiting for it to go up, instead of "using it", whatever definition of "using it" you have (I assume you mean buying goods and services with it)

In the future I think Bitcoin's time will come to an end as the time when the market matures a lot of the investors and traders in the market will venture off in better investment opportunities within the market. Think of it this way a newbie investor in stocks always stick to the safe bets a.k.a. the Blue Chips but after some time they will stray away from their safe bets to risky fast movers as they know their money will grow much faster with the added risk. With this scenario where a lot of newbie investors decided to risk their money in turn for a better investment opportunity they will get to choose a new and perhaps a better altcoin to replace their Bitcoin investments.

This is the reason why many are saying that Bitcoin is a scam. People are introducing Bitcoin in the wrong way. People should know Bitcoin for what it is and not by how much you can earn from it. Purely saying that if you buy Bitcoin you will be rich will stain Bitcoin's name when the price crashed just like what we experience the past months.

Yes they will. It is a given that the market has become immensely popular in this short span of time. Apart from that, people all over the country has shown a vast interest in this market due to its ability of churning money at the comfort of the homes of the people.

The problem with this is that people will not just easily invest in it because of its nature being unregulated except in countries wherein there are already regulations implemented. I did attempt to introduce it to people before who has no interest into it but then when the price go down, I end up being blamed so now, I only introduce it to people who are interested because they knew that I am involved in cryptocurrency and earning from it too.


People are more attracted to invest into something that will give them almost instant profit so if they see that the price is increasing then they would be more entice to invest in it. If the price is hype then the volume would increase too. Just like what happen last december when the volume only increase when the price is high.

The more time the bitcoin will become more popular and it will increase the use of Bitcoin. directly then it will increase the amount of investment in bitcoin. this is a thing that is already predicted from the beginning, it's because bitcoin has a very large number of users and now bitcoin has shown its consistency as one of the centralized financial system that has many advantages.

Most people I know have already forgotten about BTC and they sold at a loss and re-invested what they have left in mutual funds or stocks.

Basically they either bought at $10K and sold at $10K for break-even or they bought at $19K and sold recently at $6K because they were getting very mad everyday by the amount of money they have lost.

The worst are the ones who invested in alts. Most of them are down 90% and at that point they rather just hold on and will most likely sell for 50% loss or hold for break-even.

Basically now is not the best time to sell but the best time to buy unlike buying earlier at $10K or $19K.

Lol damn right. Aside from the fact that you look like a pyramid scheme recruiter, do remember they might blame you for it and worst it could damage your relationship. Every actions weighs responsibility, people shouldn't blabber whatever they feel like is convenient to them.

And This could actually damage bitcoin's reputation because obviously they will get the wrong idea and spread it as a get-rich-quick method. Additionally, you are developing weak hands, once we're in a downtrend they'll surely disappear. 1 strong hand > 10 weak hands (in the long run)

Bitcoin price today is far more different than before and if people buy today, they won't earn much profit from it since the pricing gap is too far from the price on 2010. All we could do today is to share some of the insight on why Bitcoin is better for investment and the other altcoins too. Investing in crypto nowadays is better than the real state property but the risk more compare to the real state property.

A typical move from every newbie and all they want is a quick-rich-scheme without understanding the risk.

Investment is not a good term especially when introducing bitcoin for those newbies in the word of cryptocurrency. Of course "they will expect on it" and much worst thinking, they will not wait for that "future" as they want to see some good returns right away.

Look at those 2017 peeps who just put money on bitcoin without understanding the risks. They think they can grab lots of returns back them because they saw others experienced that. They are now finally broke because they forced to dump at much lower prices. They didn't realized back then that bitcoin price is volatile so they only used to see an uptrend.

Let those people who are not familiar in bitcoin know it by their own without giving them just a positive thoughts. It's way more better than to setup their minds that bitcoin will only goes up.

It takes time, the population of the world is large so its easy to say but its hard to implement and do such opinions like this.
Until they see others gaining.
Take note of that, only those who are willing to invest and understand the risk as well. What people are thinking that bitcoin is 0 % risk and they can be rich on an instant after buying.

I think, something like that was doing people in 2017 and raised price from ~600$ to almost 20,000$. But what you will say to people now, everyone knew, that when bitcoin was 19,000+ it was already overpriced. Yes, bitcoin was the first cryptocurrency, what showed to us blockchain, but we already have other coins what resolving real problems and more useful than bitcoin, and still not so overpriced like bitcoin. So now, I would invest more in an coin/project with potential, than in overpriced bitcoin. But again, that's only my opinion, I can be wrong.

This is where your sentence should have ended. We must explain BTC to people who don't quite understand exactly what Bitcoin is. We need to spread the word and let others know why BTC is important and why it is a big deal. I strongly disagree with the rest of your sentence though:


No, this is not the message we should be telling society. This paints Bitcoin out to be a get rich quick scheme and it actually makes Bitcoin seem less legitimate and more like a scam. This is not what Bitcoin is about, Bitcoin has nothing to do with making money. Bitcoin is about decentralized trust. Bitcoin gives options to those that want to be free from government and their tyrannical rain. Bitcoin is about giving the power to the people and overthrowing the Wealthy 1% monarchy.

If you run around telling people that Bitcoin will make them rich, you are actually hurting Bitcoin. In their minds, Bitcoin's only use case is making money, but this is simply not the case. These types of people only buy Bitcoin in the short term (because they want to get rich quick) and they will likely sell any Bitcoin they bought at a loss during a bear market. They are not long-term users, and that is what Bitcoin needs. Again, Bitcoin is about changing money, not making money.

I am telling people that investing in bitcoin is like investing into our future and if we really want to have good life in years to come the best thing to do now is to buy bitcoin.  I think in some years to come bitcoin is going to be the reason why people are rich.