What does Bitcoin mean to you and what are your thoughts on its future? - page 2.

aylabadia05

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Quote from: Rahul09 on January 16, 2025, 11:41:52 AM

I'm here to ask your thoughts on Bitcoin. If you were asked to briefly talk about Bitcoin, what would you say? How important is Bitcoin to you and why?
I'm just giving you the opportunity to tell me how important Bitcoin is to you.

Bitcoin is an answer to many questions that were not really a solution in the context of value. The importance of having Bitcoin? Of course it is important because Bitcoin has an easy system with satisfactory privacy besides being a hedge against fiat currencies.
Bitcoin is fast and does not need a third party. Whenever you want a Bitcoin transaction, you don't have to wait until tomorrow because the service is closed like the bank system.

|MINER|

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Quote from: Rahul09 on January 16, 2025, 11:41:52 AM

I'm here to ask your thoughts on Bitcoin. If you were asked to briefly talk about Bitcoin, what would you say? How important is Bitcoin to you and why?
I'm just giving you the opportunity to tell me how important Bitcoin is to you. Tell me a story about your experience with Bitcoin so that newbies can learn something about Bitcoin from you.

What does Bitcoin for me, then I have to say that the most trusted asset where we can store our fund without worrying about anything.

If we deposit our fund on bank there also chances that once that bank can be rupt and we will lose our fund and even then the reserve bank pay some percentage but that won't gonna good solution.

And if you want to hold exchange coin there also exchanges crash happened in the previous time and as well also that have the central control that'c means your fund on thrid hand.

Here for me and for the future bitcoin is the solution for assets holding, yes bitcoin have the volatile market but in long-term it don't have also any inflation.

ChiBitCTy

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Profits, how do I profit..gains, Profits. Okay im trying to make cyrus/hilarious whomever mods this chat laugh with that because we've been around for a while, and "got in to" bitcoin because of the underlying tech and sick of seeing the word "profit" I imagine if any moderator here could ban one word, itd be that by a mile. . As an advisor for me, it was all about knowing how corrupt banks are, and how fucking brilliant and blown away I was once I started reading about the blockchain and it's decentralized nature.

It means so much to me in terms of freedom really, but , I am not upset its been killing it value wise.

apogio

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Quote from: Hamza2424 on January 17, 2025, 01:47:18 PM

For the Rest, I'm bullish for Bitcoin to hit 1m in the coming few years.

Just to add some realism to the talk, if Bitcoin hits 1M per coin, it means it would have a market cap of 21 Trillion.
That's a huge number.
I think it can be accomplished, but not in the near future. I would consider it great if Bitcoin could surpass gold (which has a market cap of 15T approximately), in the next 7-10 years.

Hamza2424

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Quote from: Rahul09 on January 16, 2025, 11:41:52 AM

I'm here to ask your thoughts on Bitcoin. If you were asked to briefly talk about Bitcoin, what would you say? How important is Bitcoin to you and why?
I'm just giving you the opportunity to tell me how important Bitcoin is to you. Tell me a story about your experience with Bitcoin so that newbies can learn something about Bitcoin from you.

The future is good haha
But I'm just worried about the loneliness of Bitcoin as it has been single and alone at the top for 15 years and I'm afraid in the near future too it's going to be alone.

For the Rest, I'm bullish for Bitcoin to hit 1m in the coming few years.
It's going to be the official digital GOLD (Store of Value + Symbol of Power).

Asuspawer09

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Quote from: Rahul09 on January 16, 2025, 11:41:52 AM

I'm here to ask your thoughts on Bitcoin. If you were asked to briefly talk about Bitcoin, what would you say? How important is Bitcoin to you and why?
I'm just giving you the opportunity to tell me how important Bitcoin is to you. Tell me a story about your experience with Bitcoin so that newbies can learn something about Bitcoin from you.

The digital money of the future is the best way to store your money instead of just putting it in banks, gold, stock, etc. Bitcoin is the best way to do it, no doubt that it is the best investment that you could make, in my years of doing crypto, knowing Bitcoin really has had a huge impact on my life because since I was just in senior high school when I know Bitcoin, It really gives me a huge opportunity to earn a huge amount of money at an early age, not to mention give me a huge thing when it comes to learning about finances, money, cryptocurrency, etc. Also started here in the forum, I have a lot of things that I learned when I joined the forum, and a lot of veterans are always willing to teach.

I think for all of the newbies out there the most important thing that you should invest with is your knowledge, invest on your learning, because if you have the knowledge already no one can stop you from doing it because you already know what you are doing, I always tell newbies and people that if you are not willing to learn, do your research, invest on your own, then you should not be in cryptocurrency, because if you wanted to invest you should be the one to do it.

Victorybit1

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I'm sure those that are knowledgeable enough about Bitcoin have the same thing to say about it, it's the currency of the future and those who have the means to invest in it now would be glad that they did in a few years time. Bitcoin transactions are already being legalized in a lot of countries and many more would have no choice but to accept it as time goes on. Many keep asking "is it too late to invest in Bitcoin"? Well, the answer is no, there's still lots of opportunities that awaits you all you need to do is take advantage of it. But don't invest in what you don't know about, learn about the crypto space first before investing.

WatChe

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Quote from: apogio on January 16, 2025, 12:09:02 PM

Bitcoin is a revolutionary monetary system. It removes trust from financial activities, allowing us to pay directly someone else, without using intermediaries.

For me Bitcoin is perhaps the greatest technological invention, because it attempts to fix financial injustice. And, in this life where everything is about money and corruption exists, Bitcoin feels like a dream.

Bitcoin is a valuable asset that keeps going up and will be going up in the future. Bitcoin gave us the wisdom to understand what financial injustices are going on with humans and helps everyone to take control of his asset. Unlike Banks, where we have to seek permission to use our own money the Bitcoin financial ecosystem frees us from such hassles. The P2P electronic cash system is revolutionary in sense that it eliminates middlemen like banks altogether.

Jewan420

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Quote from: Rahul09 on January 16, 2025, 11:41:52 AM

I'm here to ask your thoughts on Bitcoin. If you were asked to briefly talk about Bitcoin, what would you say? How important is Bitcoin to you and why?
I'm just giving you the opportunity to tell me how important Bitcoin is to you. Tell me a story about your experience with Bitcoin so that newbies can learn something about Bitcoin from you.

I consider Bitcoin to be an economic system where an economic system is not run by a single person, that is, it has no specific center. Being decentralized, you can exchange your money freely where you can control all aspects of the exchange (exchange costs, exchange time and price).

Although most people prefer Bitcoin to invest more than economic exchange. After the price of Bitcoin reached six figures, we don't have to say much about Bitcoin. Those who know Bitcoin and follow all the news about Bitcoin must have trusted Bitcoin or are forced to be. Some people still have negative thoughts about Bitcoin, keep ignoring them. I am not too worried about the future of Bitcoin right now, because the future of Bitcoin is not in our hands. However, I have decided to continue investing as a plan.

Natalim

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With bitcoin, I realized that banks and government are two imperfect bodies that are only focused on their own welfare, not actually for the people’s welfare. And that fiat is not the one that we all need now and in the future, because there is bitcoin that has more advantages and potentials compared to fiat currency.

However, we all have different points and views about this. But one thing is certain, bitcoin is not created to replace the position of fiat, but only to act as an option or alternative when people are not comfortable of using fiat.

betswift

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Quote from: krishnaverma on January 17, 2025, 04:49:39 AM

Quote from: Rahul09 on January 16, 2025, 11:41:52 AM

I'm here to ask your thoughts on Bitcoin. If you were asked to briefly talk about Bitcoin, what would you say? How important is Bitcoin to you and why?
I'm just giving you the opportunity to tell me how important Bitcoin is to you. Tell me a story about your experience with Bitcoin so that newbies can learn something about Bitcoin from you.

Bitcoin has been very important in my life. Actually, I received lot of payments from clients in crypto. This has opened up a new opportunity to accept payments for me and thus allow me to take payments from clients who prefer to pay in crypto only.

This.
Some big purchases can be also made with it.
Which is great and opens one more possibility for people to experience the chain.

lizarder

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Quote from: Rahul09 on January 16, 2025, 11:41:52 AM

I'm here to ask your thoughts on Bitcoin. If you were asked to briefly talk about Bitcoin, what would you say? How important is Bitcoin to you and why?
I'm just giving you the opportunity to tell me how important Bitcoin is to you. Tell me a story about your experience with Bitcoin so that newbies can learn something about Bitcoin from you.

Bitcoin provides a way to achieve financial freedom and bitcoin is more independent of the investments we make so that it provides the freedom to create better financial capabilities. If asked how important bitcoin is in my life then the short answer is that it has changed my life for the better and I have the ability to make more profits than before. When people start to understand the investment system in bitcoin then almost all of them get profits and that is what everyone is looking for now.

The story may be interesting but the beginning of the journey to get to know bitcoin is not something easy because maybe our beliefs are not as strong as they are now. But if now many beginners are hesitant to get involved in it, maybe there are many pictures that can give them conclusions based on historical data on the journey of bitcoin.

SuperBitMan

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For me Bitcoin is one of the best investment right now in the world, and I wish I started Bitcoin investment since it came into existence however is not late, one of the reasons why I say Bitcoin is one of the best investment is because you don't need a huge amount of money to start Bitcoin investment, yeah 1 Bitcoin is $100k but you can still buy Bitcoin Because is divided into small units as you can get Bitcoin of $1 so no matter the kind of job you are doing you can still accumulate Bitcoin little by little using your Discretionary income, the future of Bitcoin is bright and I'm sure Bitcoin will hit $1 million soon, another reason why I said Bitcoin is one of the best investment is because no government can control Bitcoin and any investment that can't be controlled by the government is safe, because the government won't come out with a policy that will destroy it any day they feel like as they do for other investment.
I'm using Bitcoin investment as my retirement plan, so I will keep accumulating and holding till I retire, because for now I still have a job and this is the right time to build my Bitcoin investment, like I said earlier the future of Bitcoin is bright, 10 to 20 years from now the price of Bitcoin won't be same it will pushup.

Questat

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If this is to encourage newbies to invest in bitcoin by sharing my bitcoin story, I don’t think that’s the right thing to do. Stories can be sometimes manipulated so that newbies will be more attracted to put their funds into bitcoin, and what’s next? Blaming the story maker because they spend their hard-earned savings on bitcoin and eventually lose them all.

If this post aims to educate the newbies, DYOR is always the key. Sharing our own stories with bitcoin may be a good start, but for me it’s better to make their own stories with bitcoin while they are in the process of bitcoin accumulation. At least they will experience the two sides of bitcoin investment.

krishnaverma

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Quote from: Rahul09 on January 16, 2025, 11:41:52 AM

I'm here to ask your thoughts on Bitcoin. If you were asked to briefly talk about Bitcoin, what would you say? How important is Bitcoin to you and why?
I'm just giving you the opportunity to tell me how important Bitcoin is to you. Tell me a story about your experience with Bitcoin so that newbies can learn something about Bitcoin from you.

Bitcoin has been very important in my life. Actually, I received lot of payments from clients in crypto. This has opened up a new opportunity to accept payments for me and thus allow me to take payments from clients who prefer to pay in crypto only.

X-ray

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it's digital gold and the fact that it's borderless can give option to people.

i'm pretty optimistic as well that when we advances, traditional money such as paper money will find its existence to be a burden for people because it isn't simple enough and the solution for that is bitcoin.

though arguably bitcoin is also a really good hedge against inflation, for people who lives in a country with weaker currency, they'd be spared of the headache managing their money just to avoid inflation, bitcoin is one way to save your wealth from plummeting IMO.

Rahul09

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Quote from: xLays on January 16, 2025, 01:59:49 PM

I’m sure there have already been topics like this posted here on bitcointalk. And im sure, the answers then and now are different. If you ask me, my personal thoughts of bitcoin in future is that it’s too late—not really too late but it’s very risky to buy now knowing that the price of one Bitcoin is already at $100K USD. However, if you make sure to always buy low and sell high, then you’ll be very safe. Just never sell at a loss. Control your emotions, as they say. Unless, of course, you really need to sell because you have no other choice and urgently need the money. Remember this Bitcoin will surely last longer compare to our lifespan .. lol

I know you will find more posts about Bitcoin but here I am not asking for any additional knowledge about Bitcoin. I am just giving you the opportunity to tell your own Bitcoin story. Which So that you can tell everyone about some educational events in your life that happened with Bitcoin and newcomers can learn something from there. And you can never finish learning about Bitcoin. You have to learn something new about Bitcoin every day. So there will be many more posts like this if Bitcoin survives.

Samlucky O

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Quote from: Rahul09 on January 16, 2025, 11:41:52 AM

I'm here to ask your thoughts on Bitcoin. If you were asked to briefly talk about Bitcoin, what would you say? How important is Bitcoin to you and why?
I'm just giving you the opportunity to tell me how important Bitcoin is to you. Tell me a story about your experience with Bitcoin so that newbies can learn something about Bitcoin from you.

Bitcoin is a digital gold, the only secure asset and investment that accept p2p and run on a Blockchain technology.. the only investment that is transparent and worthy to invest in. Infact it is non comparable, Bitcoin is the Best retirement plan or the best place to save our fund for future purpose. It's ability to sent across the globe without wasting of time is one characteristic that makes me to love Bitcoin. It is top notch and reliable, everyone need to have same experience.

Stalker22

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Im no big-time Bitcoin investor or nothing, but I got me a little Bitcoin portfolio I been working on for a couple years now. Just kinda buying some here and there, you know, and holding onto it to see what happens over time. Im sure it will be worth something decent down the road.

Anyway its key to keep in mind Bitcoin is still pretty new. A lot of development still going on and major ups and downs on the regular while things shake out. But could pay off if it sticks around. Who knows...

Wexnident

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Quote from: Rahul09 on January 16, 2025, 11:41:52 AM

I'm here to ask your thoughts on Bitcoin. If you were asked to briefly talk about Bitcoin, what would you say? How important is Bitcoin to you and why?
I'm just giving you the opportunity to tell me how important Bitcoin is to you. Tell me a story about your experience with Bitcoin so that newbies can learn something about Bitcoin from you.

That it's an alternative to the current monetary system that we have, and it's something you yourself would have to 100% handle with no parties in between, from both handling the money itself to the transactions involved with in it. There CAN be parties in between but at that point you might as well just return back to using fiat. It's also an alternative to letting your money grow, but highly volatile so managing risk is always required.

Personally I wouldn't task myself of teaching Bitcoin to newbies, I lack the technical aspect of some stuff with it lol since essentially what you'd be teaching in general is cryptocurrency in itself with Bitcoin being one part of it.

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