Is there still future for growth in bitcoin and crypto? - page 2.

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Quote from: Renampun on November 30, 2022, 10:41:53 AM

Quote from: Humblevirus on November 30, 2022, 10:27:05 AM

Has the technology behind bitcoin and other big coins undergone any negative changes?

blockchain technology and cryptography never do bad things, both make the world better!

There is no bad or good tool, but it may turn out that this tool will fall into bad hands and then it can be used for harm. For blockchain technology and cryptography everything will depend on how it will be used by mankind. Let's see what will happen.

Quote from: Renampun on November 30, 2022, 10:41:53 AM

Quote from: Humblevirus on November 30, 2022, 10:27:05 AM

Comparing this bear market to the previous bear market, has adoption progressed down?

I see a lot of countries and cities starting to adopt bitcoin as a payment, hence an issue about declining adoption - totally not true.

Bitcoin adoption is gradually continuing. Step by step, more countries and cities are joining this. This process is not fast enough to attract much attention, but it continues.

Quote from: Renampun on November 30, 2022, 10:41:53 AM

Quote from: Humblevirus on November 30, 2022, 10:27:05 AM

Are big businesses and institutional investors abandoning Bitcoin and cryptocurrencies?
...

if you look more broadly then big companies and also investors are very concerned about bitcoin and cryptocurrency, the majority of them see bitcoin and crypto is the future and very tempting.

The funny thing is that some of the big companies that used to say bitcoin was bad are now talking about it differently. Now, as they say, they see the future and new opportunities in this. Actually, that's exactly what it is.

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Quote from: Humblevirus on November 30, 2022, 10:27:05 AM

I don't know why some people are talking negatively about Bitcoin and crypto just because of this bear market. Despite I am newbie with little research I still believe there is still future growth for Bitcoin and crypto generally.

Have Bitcoin and other cryptocurrencies' underlying principles changed?

Has the technology behind bitcoin and other big coins undergone any negative changes?

Comparing this bear market to the previous bear market, has adoption progressed down?

Are Bitcoin's and Crypto's use cases decreasing at all?

Are big businesses and institutional investors abandoning Bitcoin and cryptocurrencies?

To tell all of the following if the majority of your questions were no. In general, you would be right.

There is opportunity and no indication that growth will slow down.

But remember to evaluate the risk, and how much risk you can tolerate. And stop panicking the bear market it is just for a short-term.

In this life, criticism is a constant, whether it is directed at good or bad things. There are those who disagree with how Bitcoin is developing on a global scale, but Bitcoin remains at the top because, in contrast to other cryptocurrencies, it has a distinct and transparent future that will keep it moving forward no matter what people think. I would like to add more investments to my portfolio during this bear market in order to increase my profits.

Sandra_hakeem

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Yes...
There's still alot of hope for the future to this impeccable finance theorem.
There's nothing that is happening today that hasn't happened already...maybe, countless times in the past and peeps back then were able to sail through 'em. The deterioration in value of BTC over time, which is termed as the DIP, ain't happening for the first time, neither is it gonna stop happening.... This actually gives rookies some time to join the moving train, just so they could be carried along swiftly.... I Know how the pressure is when it gets to this point, so the bulls will just have to pull out whatever value the had innit and it keeps going down...but ofcourse as I said; it all happens in a stipulated time (it's not exact though) but the whole advancement(either ways) are predetermined by the increase in demand, availability and bull's logical antipathy.

Sandra 🧑

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Quote from: coupable on November 30, 2022, 02:41:15 PM

The year 2022 may be the worst in the history of crypto due to the successive crises of successful hacking attempts and wholesale thefts, the latest of which happened to the FTX platform, which affected the entire market due to the impact of a large number of services that were associated with it or in a cooperation agreement with it.

Why 2022 is the worst?
If Bitcoin really reaches $100k in 2024-2025, I thought everyone will say "2022 was the best year for buying crypto".
We only think 2022 is the worst year because the bearish isn't over, while there are many cases to happen. But these cases give some big lessons to every people, we become smarter and more careful to manage our crypto assets. Also, because these cases lead to more drops in crypto prices, we can take advantage to buy at lower prices. Do you realize these, mate?

Quote from: DeathAngel on November 30, 2022, 04:05:54 PM

Bitcoin & even crypto have a very big part to play in the future of finance. If you look at what Central Banks have been doing, printing fake money, inflating the supply, you will see that there is room for other forms of payment. Governments actions have allowed sickening inflation numbers, they are stealing from you.

Since it doesn't happen yet, we can't claim that crypto has a big role in future finance. But I agree that crypto makes the government and every party improve the world finance system. Crypto is more transparent, faster in transactions, and has cheap transfer fees. These things become a reference for a better financial system in the future.

IMO

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Bitcoin & even crypto have a very big part to play in the future of finance. If you look at what Central Banks have been doing, printing fake money, inflating the supply, you will see that there is room for other forms of payment. Governments actions have allowed sickening inflation numbers, they are stealing from you.

The powers that be will fight us but cryptocurrency is going nowhere. You can protect your future & your purchasing power by buying digital property, bitcoin.

Mr.right85

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What do you think?
Was bitcoin meant for the institutions or for the masses that fills our world.
The institutions as we have it today are simply taking there chances as they should. Bitcoin of the moment is some huge investment to those who know and they try to exploit it for its benefits. Most of us practicing holding arr guilty of that and its cool.
Pulling out to get your ROI isn't anything bad as well for most of them. At least, it dumps it and creates a buying opportunity.

The fat still remains that, people would buy and the next thing, its back to being bullish. It has happened several times and we've always got our bitcoin each time.

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Quote from: Humblevirus on November 30, 2022, 10:27:05 AM

Have Bitcoin and other cryptocurrencies' underlying principles changed?

Has the technology behind bitcoin and other big coins undergone any negative changes?

Comparing this bear market to the previous bear market, has adoption progressed down?

Are Bitcoin's and Crypto's use cases decreasing at all?

Are big businesses and institutional investors abandoning Bitcoin and cryptocurrencies?

The year 2022 may be the worst in the history of crypto due to the successive crises of successful hacking attempts and wholesale thefts, the latest of which happened to the FTX platform, which affected the entire market due to the impact of a large number of services that were associated with it or in a cooperation agreement with it.
Unfortunately, users do not know that this is not the first time that this has happened, and that crises have continued since the emergence of crypto. Therefore, they do not know that this market is able to overcome its crises because it is practically not subject to any central authority. They also do not know that the crypto market is an emerging market and naturally it is an active field for scammers.

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Quote from: Humblevirus on November 30, 2022, 10:27:05 AM

...
Have Bitcoin and other cryptocurrencies' underlying principles changed?

since it was first circulated - until now, Bitcoin has never changed. only altcoins have continued to be modified to be perfect but in fact, it has never been like that lol.

Quote from: Humblevirus on November 30, 2022, 10:27:05 AM

Has the technology behind bitcoin and other big coins undergone any negative changes?

blockchain technology and cryptography never do bad things, both make the world better!

Quote from: Humblevirus on November 30, 2022, 10:27:05 AM

Comparing this bear market to the previous bear market, has adoption progressed down?

I see a lot of countries and cities starting to adopt bitcoin as a payment, hence an issue about declining adoption - totally not true.

Quote from: Humblevirus on November 30, 2022, 10:27:05 AM

Are Bitcoin's and Crypto's use cases decreasing at all?

no, it's getting increasing day by day!

Quote from: Humblevirus on November 30, 2022, 10:27:05 AM

Are big businesses and institutional investors abandoning Bitcoin and cryptocurrencies?
...

if you look more broadly then big companies and also investors are very concerned about bitcoin and cryptocurrency, the majority of them see bitcoin and crypto is the future and very tempting.

Humblevirus

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I don't know why some people are talking negatively about Bitcoin and crypto just because of this bear market. Despite I am newbie with little research I still believe there is still future growth for Bitcoin and crypto generally.

Have Bitcoin and other cryptocurrencies' underlying principles changed?

Has the technology behind bitcoin and other big coins undergone any negative changes?

Comparing this bear market to the previous bear market, has adoption progressed down?

Are Bitcoin's and Crypto's use cases decreasing at all?

Are big businesses and institutional investors abandoning Bitcoin and cryptocurrencies?

To tell all of the following if the majority of your questions were no. In general, you would be right.

There is opportunity and no indication that growth will slow down.

But remember to evaluate the risk, and how much risk you can tolerate. And stop panicking the bear market it is just for a short-term.

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