Topic: they say bitcoin is store of value (Read 199 times)
Bitcoin is a market where investors can make a lot of money when selling high priced bicoins. And sometimes they also lose money when bitcoin drops. But for the market, the fluctuation is frequent. When discounting, do not hurry to save Bitcoin and you can buy more if you can. Wait when the high price will sell to make a profit. And confirmed that Bitcoin is a completely accurate value.
they say bitcoin is accepted more places every day. ....they lie
Yes it's true there's some places are accepting bitcoin to buy food in 7/11 store online payment and etc.
But also there are places bitcoin are prohibited to use and they not considered as a payment.
they say bitcoin is store of value where did the 200billion vanish ..they say bitcoin better than gold?
Will its depends on the opinion of every investor or bitcoiner people that bitcoin is store in value,and now gone,but in my own thought bitcoin is real value only happen in this situation the prices now is going down in the market.actually all coins now are turn to red because of the prices blow off this month and it was announce before some cryptocurrency investor in news feed in google news .therefore digital system now in crysis form due to many changes happen now in crypto world,but all i can say bitcoin is real and not a store value as what you stated, only things happen now is in chaos form,but all of this in temporary,and it will relieve soon.
I think they were just saying that because bitcoin now is not in a good value, although there so many people still using bitcoin but still there are also many who transfer to other crypto currency especially those crypto that is better than bitcoin and has many advantages on BTC.
looking from the price, bitcoin does look more promising and valuable than gold, both of them can be said almost same, have a limited amount but the demand continues to exist and increase. but in terms of stability, for now the highly fluctuated bitcoin is definitely worse than gold. and gold also has other functions as a valuable item that can be used and give its own prestige.
Bitcoin is a store of value in a very volatile market. Extra emphasis on volatile 
So big changes are to be expected and huge chunks of money could disappear overnight. That's the nature of the beast. Investing in traditional stocks or precious metals could offer you high stability and security but low profitability.
So big changes are to be expected and huge chunks of money could disappear overnight. That's the nature of the beast. Investing in traditional stocks or precious metals could offer you high stability and security but low profitability.
This is how it works everytime the price drops then market cap will decrease it is not isolated in the crypto market but on all market. If you read the news you can see big investors/comapnies also lose billions of dollars because their stocks went down. Yes bitcoin lost a lot of money if you are going to base it in market cap but if you will consider the rise of bitcoin from january 2017 to today we are still on an uptrend.
they say a lot of t hings, they also say bitcoin is dead. but random people saying idiotic things on the internet doesn't make them true. for instance the have started saying bitcoin is a store of value because they wanted people to forget that bitcoin is a currency!
the fact is bitcoin is a currency and as a currency it is volatile as long as its market is small. and that volatility is justified when you think of bitcoin that way.
besides being a store of value is a secondary aspect of bitcoin and it doesn't have to be stable for that. stability is a perk not a requirement. to be a store of value it has to be secure and immutable which bitcoin is both of these.
the fact is bitcoin is a currency and as a currency it is volatile as long as its market is small. and that volatility is justified when you think of bitcoin that way.
besides being a store of value is a secondary aspect of bitcoin and it doesn't have to be stable for that. stability is a perk not a requirement. to be a store of value it has to be secure and immutable which bitcoin is both of these.
they say bitcoin is store of value where did the 200billion vanish ..they say bitcoin better than gold?
Yes they say it is a store of value because bitcoin value is nothing permanent nit stable it's like a Ferris wheel riders goes up and down
Indeed bitcoin is a store of value and is better than gold. Bitcoin is much better than gold in terms of its price and storage. Bitcoin is store in our digital wallets wherein it is stored in our smartphones that we use everyday while gold is stored in our vaults or cold storage in banks or anywhere else where we do not have access much. Also in terms of its price we can say that bitcoin has greater potential to increase its price in the future and also bitcoin is widely accepted now and most people prefer bitcoin than gold.
they say bitcoin is store of value where did the 200billion vanish ..they say bitcoin better than gold?
Great, so bitcoin is not store value at all.
Store value would be as stable as phsycial cash and precious metal like Gold. The value won't move like bitcoin where it goes up and down by 2-5K USD in very short period of time.
It's the perfect investment to make it grow over the time. That's the difference between the store value and ever growing investment. So you decdie now which one it is. :-)
Earlier I saw a tweet from someone
"Let me be clear: I don't give a f*ck what $BTC does in the short term.
It could drop to $3k or bounce to $10k. Doesn't matter to me. I'm still going to trade shitcoins to get more bitcoins.
People, this is a long-term vision that is being built. F*ck your 5 minute chart."
Summary: It's a LONG term investment, forget worrying every dip.
"Let me be clear: I don't give a f*ck what $BTC does in the short term.
It could drop to $3k or bounce to $10k. Doesn't matter to me. I'm still going to trade shitcoins to get more bitcoins.
People, this is a long-term vision that is being built. F*ck your 5 minute chart."
Summary: It's a LONG term investment, forget worrying every dip.
Yes bitcoin is a store value
they say bitcoin is store of value where did the 200billion vanish ..they say bitcoin better than gold?
Yes bitcoin is a store value. In an interview by CNBC’s Deirdre Bosa at the Money 20/20 event in Las Vegas last weekend, Apple co-founder Steve Wozniak said that he thinks Bitcoin is a better standard of value than both gold and the U.S. dollar
of course, bitcoin has value like objects or goods in general but bitcoin in the form of digital currency. but when compared with gold, the gold value is more stable than bitcoin. and everyone knows the usefulness and benefits of gold. and all countries must trade gold and legalize it.
Maybe for starter, isn't recommended if invest in bitcoin without enough knowledge. Every job which can gives big profit also followed by high risk too, that's normal thing in my mind!
But if you say if gold investment if safe, I think that's wrong, all thing have their own risk, but I want to make this more clear, gold investment also has risk but not big risk as bitcoin.
That's depend by the investors, I think that not an problem for experienced investors. Because they know when they should buy or sell.
But if you say if gold investment if safe, I think that's wrong, all thing have their own risk, but I want to make this more clear, gold investment also has risk but not big risk as bitcoin.
That's depend by the investors, I think that not an problem for experienced investors. Because they know when they should buy or sell.
I think both gold and bitcoin are all good and valuable.
to get the gold we have to mine it first
Yo ass ain't neva gon' mine no gol', who you kiddin'. Yo ass jist gon' talk bout it whist mah peeps be frontin' dope gol' ropes. Yo MTV raps, boyeeee! to get the gold we have to mine it first
I also think with you that bitcoin is better than gold, and that I experienced myself, in terms of storage and also price increases.
they say bitcoin is store of value where did the 200billion vanish ..they say bitcoin better than gold?
The total amount of bitcoin is a constant 21 million. It has a certain purpose and value in the fields of payment of remittance, intelligent contract, information disclosure, speculation target and illegal use.
In the long run, bitcoin has the same value as gold.
Bitcoin is quite similar to gold because of their both purposes. The rich want to grow their money and the way is to invest into something. They all invested in gold thus raising its total value driving it higher and higher and is susceptible to manipulations. This is the same as bitcoin. Investors like us is buying expecting its price will rise high.
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