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Topic: What does Bitcoin mean to you and what are your thoughts on its future? (Read 362 times)

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Bitcoin has been a learning tool for me opening the door to blockchain and other crypto. i've seen its real world use case from remittances to donations where it eliminates barriers like high fees and long processing times. For beginners, I'd recommend starting by readung trusted resources and only investing what they're comfortable losing
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With the name of Allah Almighty and salam to my respected readers I would like to say that

         I purchased land one Kanal(20 Merla) in 2008 in exchange of 170000PKR. Now in that land is of 4000000PKRs after 17years. If I would had purchased gold in 2008 in exchange of 170000PKR it would be now equal to 737500PKR. Year 2008 was a time when no one knew about Bitcoin as something to invest in as it was launched in 2009. If in 2009 someone would had purchased Bitcoin how much profit he / she now he would have gained, when first recorded price of Bitcoin was 0.00099USD and New Liberty Standard exchanged 5050 Bitcoins for just 5.02USD.

        The actual thing is that what is the percentage of increase of price or value of something in specific unit of time like year.

        Its reality of last 15 years that no other asset except Bitcoin has increased its value as Bitcoin has increased. Everyone can calculate and can decide what is the best asset to invest.

        If history is remarkable it means that there is very strong mechanism due to which an asset has pumped. it also indicates that same asset will be unbeatable  in future also.

best of luck

KINGs100
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Bitcoin represents the future of money for me with its limited supply and transparency. My journey started cautiously, investing a small amount and gradually learning about blockchain technology. I'd advise anyone new to focus on understanding the fundamentals rather than just the price.
jr. member
Activity: 36
Merit: 23
The best you can say about Bitcoin that will first draw attention of people is the benefits attached to make profits, these profits from Bitcoin is what has made Bitcoin more interesting for new followers, a good reason why we have to accept that Bitcoin first structure has changed is, if it was just for payment of services and goods then it should be useless acts for those who came out to publicly admit how they mismanaged the opportunity of making huge profits from Bitcoin when it was still early, it shouldn't have mattered because at the current price it can be changed severally to function as a payment option without holding for more profits.

I will not tell them Bitcoin is risky, when you apply the needful pressure and move inline with the actual strategy, there is something always something profitable to hold on.
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Bitcoin is one of the greatest thing that has ever happened in the history of tech.
investor has gain wealth and turn billionaires in dollars through bitcoin investment.

Bitcoin is is most valuable asset in the cripto currency world, and no investors want to be left out due to it high accumulation over time.


Conclusions :
In the range in which bitcoin is taking over the world, I huge every young man and women looking for what to invest there money into, and to insure there future : invest in bitcoin because that is the future hope, and a concrete foundation that can sky rocket you out from poverty for life.
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When I first learned about bitcoin, I was interested by how it could connect people worldwide without intermediaries. I've used it for online purchases and seen how fast and efficient it can be compared to traditional methods. It's important to keep security in mind like using hardware wallets to protect your funds.
copper member
Activity: 280
Merit: 5
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It is not because of privacy, but mainly because of the possibility of earning huge profits at a short period of time. That's actually the reason why many people are being attracted on this market. The investment potential is the main factor why people are taking a look at this currency. They thought it is quite easy to earn high profits but there's more than meets the eyes in this market.
The most reason's rich people ventured into bitcoin is because of it's high privacy, its not all alone profit making, because I know very well that bitcoin investment, has to do with risk and anyone who into it because of instant profit, I don't think that person knows about  bitcoin, because bitcoin has disappointed different people that has such mindset of investing in Bitcoin because fast profit, we all know that the price of bitcoin is unpredictable, and you can invest now and within 1 day of investment the market collapse or crash, so it has been the method of bitcoin.

If a person, rich or not, understands what Bitcoin upholds and what they need to do to keep their security in check (not messing with centralized entities, etc), - they would have a proper mindset about Bitcoin.
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Bitcoin, to me, is revolutionary because it allows for global transactions without relying o banks or centralized systems. I've learned that it's not just an investment but also a gateway to understanding how decentralized finance works. It's important to start small, research thoroughly, and view it as a long term opportunity rather than a quick gain.
hero member
Activity: 1666
Merit: 723
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It is not because of privacy, but mainly because of the possibility of earning huge profits at a short period of time. That's actually the reason why many people are being attracted on this market. The investment potential is the main factor why people are taking a look at this currency. They thought it is quite easy to earn high profits but there's more than meets the eyes in this market.
The most reason's rich people ventured into bitcoin is because of it's high privacy, its not all alone profit making, because I know very well that bitcoin investment, has to do with risk and anyone who into it because of instant profit, I don't think that person knows about  bitcoin, because bitcoin has disappointed different people that has such mindset of investing in Bitcoin because fast profit, we all know that the price of bitcoin is unpredictable, and you can invest now and within 1 day of investment the market collapse or crash, so it has been the method of bitcoin.
full member
Activity: 420
Merit: 126
To me Bitcoin mean;
1.A decentralized digital currency.
2.A currency created to prevent double spending.
3.An investment vehicle.
4.Financial freedom.
The future of Bitcoin is uncertain,as no one can predict the future with certainty.However,we can make educated predictions based on its past performance.Bitcoin's genesis was humble,with a value of virtually zero,but over the past 16 years,it has grown to become a highly valuable asset.Bitcoin is often referred to as the 'currency of the future,'and I firmly believe in that notion.Early investors had faith that Bitcoin would appreciate in value over time,and their conviction was rooted in the idea that it would become the currency of the future.
legendary
Activity: 3122
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Leading Crypto Sports Betting & Casino Platform
Different people may have different thoughts of what bitcoin is all about..considering the fact that bitcoin is all about decentralized currency, the most reason why people embraced Bitcoin and continues to embraced Bitcoin is because of privacy, because for its investment you alone know about it, nobody may know about it, secondly, bitcoin is the easiest way you can send funds intercontinental without a stress, so bitcoin has many advantages that can make people to embrace it more...

When looking at bitcoin, it seems that the disadvantages is of low proportion than the advantages, because the way bitcoin can affect you when you invest on it, it's when the market crash in value, if you don't made a decision to invest for long-term, it's when it will affect you, because you maybe panic to sell in order to recover your funds and you end up of losing both capital and profit.

It is not because of privacy, but mainly because of the possibility of earning huge profits at a short period of time. That's actually the reason why many people are being attracted on this market. The investment potential is the main factor why people are taking a look at this currency. They thought it is quite easy to earn high profits but there's more than meets the eyes in this market.
hero member
Activity: 1666
Merit: 723
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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.
Different people may have different thoughts of what bitcoin is all about..considering the fact that bitcoin is all about decentralized currency, the most reason why people embraced Bitcoin and continues to embraced Bitcoin is because of privacy, because for its investment you alone know about it, nobody may know about it, secondly, bitcoin is the easiest way you can send funds intercontinental without a stress, so bitcoin has many advantages that can make people to embrace it more...

When looking at bitcoin, it seems that the disadvantages is of low proportion than the advantages, because the way bitcoin can affect you when you invest on it, it's when the market crash in value, if you don't made a decision to invest for long-term, it's when it will affect you, because you maybe panic to sell in order to recover your funds and you end up of losing both capital and profit.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
The fact that we are still consistently accumulating bitcoin and invest in them for long term, I think that's good enough to think that we treat bitcoin just like what everyone else did. No need to say such positive feedbacks just to boost the efforts of newbies. Either way, if they decide to take risk, they will definitely reap good returns in time. Patience is the greatest key.
sr. member
Activity: 602
Merit: 317
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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.
When I didn't know about Bitcoin, Bitcoin was not valuable to me. When I learned about Bitcoin and held Bitcoin, Bitcoin became valuable to me. Also, if you look at the world with a good eye of wonder, you can see how Bitcoin has spread all over the world and how it has gained popularity among people. Bitcoin will be valuable to you only when you learn about it, hold Bitcoin and enjoy it.
legendary
Activity: 1834
Merit: 1010
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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 today plays a major role that everyone shouldn’t ignore, they’rr continuously showing the potential its power and you just need to adapt to use bitcoin or any cryptocurrency in the market. Therr’s a global adaptation that’s happening right now and you need to be smart to ride the current trend. Im just onna tell newbies that they should soend time to know more about btc and when the time comes, they should make an investment onit.
legendary
Activity: 3318
Merit: 1185
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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 irreplaceable. For someone to realize it, one should make some proper research first so that he will verify what everyone is saying here about bitcoin. However, while it can be a lot beneficial to us, the risks are also inevitable, if we ignore it, bitcoin would end up messing our funds, reality sucks.
hero member
Activity: 3094
Merit: 728
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 so much important to me that I won't trade it for any other investment. It serves as my present and my future, but that doesn't mean that fiat's essence should also be ignored. Fiat is essential, while bitcoin is indispensable and paramount. At least we don't go broke with fiat and is able to maximize our bitcoin portfolio, that's a perfect goal that everyone a must have.
full member
Activity: 294
Merit: 178
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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.
First of all I will answer that Bitcoin is a revolution, and especially for me. I will start telling that Bitcoin is a hero for me, and a savior for my finances, and was once skeptical about what Bitcoin is, but because of curiosity I started studying Bitcoin, and eventually I started getting involved in it. I think that's what I need to say when someone asks me to talk briefly about Bitcoin, so that it will attract a lot of people's attention, and if he starts to get interested, then I will tell the history and fundamental side of Bitcoin, so that he becomes more interested and starts to want to learn what Bitcoin is. I think that needs to be conveyed to people who often ask, because at first they will also be skeptical of Bitcoin, but that is not a bad thing, but the beginning of an odyssey for him.
hero member
Activity: 854
Merit: 554
Leading Crypto Sports Betting & Casino Platform
If you ask be about Bitcoin, I would say it's an asset that has a very high possibility of yielding high profit on investors funds during every bull season and I will also tell the person to do more research about Bitcoin. Although so many people don't yet know about Bitcoin but there are lots of materials and articles on the internet to learn about  Bitcoin from, which I will advice anyone that shows interest to learn more about it.
legendary
Activity: 1694
Merit: 1168
Bitcoin is one means in which, you could have a $Billion in you and not raise any heads or attention. It’s the one means in which, you could cross borders without being profiled and you could get to any place of the world and spend the same money.

I mean like, you traveling from Nigeria to Ghana, your going to swap your naira for cedi, Nigeria to the USA, your going to exchange to Dollar but, Bitcoin remains Bitcoin anywhere in the world. If you could find a merchant that accepts it, you’re good.

Bitcoin has revolutionaries finance, the way we see and perceive money. You get to conduct your affairs without having any third party involved.
hero member
Activity: 1540
Merit: 772
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.
sr. member
Activity: 1400
Merit: 468
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.
legendary
Activity: 2282
Merit: 3014
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.
hero member
Activity: 686
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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.
legendary
Activity: 966
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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).
sr. member
Activity: 1876
Merit: 437
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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.
full member
Activity: 330
Merit: 126
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.
hero member
Activity: 1120
Merit: 571
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.   
full member
Activity: 336
Merit: 164
Patience and hard work are the keys to success.
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.
hero member
Activity: 3164
Merit: 611
BTC to the MOON in 2019
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.
copper member
Activity: 280
Merit: 5
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.
hero member
Activity: 1722
Merit: 895
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.
member
Activity: 112
Merit: 61
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.
hero member
Activity: 3080
Merit: 612
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.
full member
Activity: 1498
Merit: 110
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.
hero member
Activity: 3136
Merit: 538
Leading Crypto Sports Betting & Casino Platform
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.
member
Activity: 116
Merit: 11
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.
sr. member
Activity: 560
Merit: 475
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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.
legendary
Activity: 1526
Merit: 1359
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...
hero member
Activity: 2758
Merit: 675
I don't request loans~
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.
hero member
Activity: 980
Merit: 585
Leading Crypto Sports Betting & Casino Platform
Bitcoin shaped how I view trust. It made me wonder why central banks and politicians set money terms. I saw 3 AM Reddit threads about people panicking because the price hit red. The real message behind those charts and hashtags is owning your decisions without a middleman. My personal experience includes questioning everything once the market crashed. Perhaps I was holding onto an illusion. I stayed due of the self-sovereignty feeling. You realise how much you depend on institutions that can change regulations suddenly. Bitcoin makes you question if we should always trust centralised power or try something fresh

I'm not suggesting Bitcoin solves all financial problems. Not so. However, a bond is formed when you immerse yourself in it. You discover how people think, how hype drives markets, and why resilience matters. Learning and sharing ideas are valued in this society. Newbies focus less on price predictions and more on participating in a transformative financial era - no handshake needed

Certainly,the ability of Bitcoin to enable users transact without doubt and fear is one thing that should be recognized and completely studied.Bitcoin is the people's currency;Bitcoin was created to serve in one purpose but deep down we all know that Bitcoin fundamental benefits packages has exceeded the original version and mission which it was created for.

For me,Bitcoin is one of the sweetest things I've ever ventured into,because it relatively expanded,exposed and introduced me to another realms of having financial literacy, having a solid passion to understanding my personal finances and money management.Bitcoin is the future and financial independence is achievable through Bitcoin with the right strategy,mindset and discipline.
legendary
Activity: 2814
Merit: 1192
I'd say that bitcoin is a safety measure and a backup plan.

I've heard this explanation somewhere once and liked it very much. Honestly can't come up with the author right now, but it roughly went like this:
Maybe everything will be fine with the financial and political systems, maybe you will always have access to your bank account, but what if you won't. Even if there's 1% chance that you may need independent money one day, money that cannot be confiscated at the airport and can be moved to another part of the world within minutes, wouldn't you want to own it as a precaution? How much will that cost you?
You can put 1% of your monthly paycheck into bitcoin and have something to turn to when things go south.
sr. member
Activity: 1008
Merit: 407
For me, Bitcoin is an innovation of the human financial sector. Who has given financial freedom to people? Everyone can control or send their money without any third party. It means that Satoshi, who used to prevent financial exploitation of humanity, teleported it into Bitcoin and gave people financial freedom. Bitcoin is brought up to make good our financial status, but because of its excellent concept it also became the world's most valuable asset. Everyone in the world has come to know that there is no better investment asset than Bitcoin. It has the potential to give you huge profit margins in less time as compared to other assets...
 
Besides that it's also important for me to have Bitcoin because in today's era it becomes a difficult task to make a financial touchdown without Bitcion. So we can use Bitcoin to save our time and money (tax fee) and do our deal 🤝 without anyone's intervention. (🫸BTC🫷) In a super privacy line.
sr. member
Activity: 1414
Merit: 272
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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 have known Bitcoin for quite a long time now, and I can consider it as important as every other valuable property that I own. I see it as money and also as an investment, which I don't joke with, so it's as important as anyone treats what they consider a fortune. 
 
But it's not as important to me as many people do describe it as if it's some sort of God, which they adore to the extent that if they are given some opportunity, they might attach some religious belief to it and start worshipping it.
sr. member
Activity: 490
Merit: 325
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 what you need for financial freedom, it's what you need to get that life you can't get elsewhere, it's that thing you need to use as a Jumpstart escape from financial independency, it's that asset you need to help secure your future, it's that asset you need to put your self among where other people that think you are not in their league and above all, it's an asset that is censorship resistance and you can spend anytime anywhere around the world.

There are many things to say but Bitcoin gives you everything when you check it. Did I forget to add that Bitcoin teaches you how to be patience because if you can hold a Bitcoin for long, that means you can train a dragon and can tolerate every madness human kind can show you because it's not easy to hold Bitcoin, the tension and the pain of seeing you lose profits is very hard but it's worth it in the end if you are truely patients type of person.
legendary
Activity: 3052
Merit: 1281
Bitcoin is an invention that creates opportunities for the unbanked to participate in the global economy since one major feature of Bitcoin is its capability for financial inclusion. It enables the unbanked to move funds boundlessly.  This I believe is the most important thing about Bitcoin as a currency.  It is also enable us to be our own bank, away from the monitoring eyes of the financial institution due to its pseudo-anonymous feature. As long as we do not connect our address to any centralized KYC exchanges, we can keep our identity secret.

These are the reason why Bitcoin is important to me.  I also believe that Bitcoin is yet to show its real potential, and the Bitcoin future in the current event is bright since government are taking notice of its importance and is making their move to adopt and even planning to make Bitcoin as a reserve.
XPB
full member
Activity: 132
Merit: 100
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?
Bitcoin is completely free and independent, where you do not have to borrow from anyone for transactions, and you can do whatever you want while protecting your privacy. The reason why it is popular at present is that anyone can use it. You do not need anyone's permission to use Bitcoin, you can do whatever you want on your own, and no one has any hand here. Its popularity is increasing daily, and in the near future, people have confidence in it; something good will happen.

Where you can do everything freely and independently will become the only thing you like. The only thing that makes Bitcoin good is that it can be used beautifully, and no one can stop it.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
Bitcoin introduced to me the world of finance, I used banks forever but after bitcoin it gave me different perspective of what is bank and how they operate, once I start to learn about decentralization I realized why it should be protected at any cost and it's like a tool that is only possible in this controlled world so called government due to the evolution of blockchain technology. Ofcourse I made profits from bitcoin but seems secondary, the tool of decentralization and the ability of no one controlling my money to spend where and when.
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
Bitcoin provides many benefits and there is even a friend who is full of their income in crypto, especially in bitcoin as their main investment because it directly changes their poor finances for the better.

How important is bitcoin to me? Yes, this is quite important because for investment now in BTC more than other assets, what is more believable is where many countries will encourage bitcoin as their adoption, especially if America is friendly to bitcoin then it is likely that other countries will follow suit.

So buy bitcoin and stay HOLD.
These are my own thoughts not about how to use the purpose of bitcoin.
sr. member
Activity: 1638
Merit: 364
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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
legendary
Activity: 1946
Merit: 1100
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Bitcoin shaped how I view trust. It made me wonder why central banks and politicians set money terms. I saw 3 AM Reddit threads about people panicking because the price hit red. The real message behind those charts and hashtags is owning your decisions without a middleman. My personal experience includes questioning everything once the market crashed. Perhaps I was holding onto an illusion. I stayed due of the self-sovereignty feeling. You realise how much you depend on institutions that can change regulations suddenly. Bitcoin makes you question if we should always trust centralised power or try something fresh

I'm not suggesting Bitcoin solves all financial problems. Not so. However, a bond is formed when you immerse yourself in it. You discover how people think, how hype drives markets, and why resilience matters. Learning and sharing ideas are valued in this society. Newbies focus less on price predictions and more on participating in a transformative financial era - no handshake needed
sr. member
Activity: 784
Merit: 306
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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 able to cover up the gap of an intermediary to bridge our money with. We don’t need a third party to access our money, we can get in touch with it at anytime and anywhere without waiting for an approval from another body. Bitcoin has brought about decentralization which is something everyone adores in their financial life. Let alone, it is also an investable asset that overtime has proven to be a worthy choice for investors to invest into for the long time.

The aim was to serve as an alternative to the fiat currency, but overtime it has also been a pathway for investors to have a very good return on investment while still having full access to their money in the period of investing to opt out at anytime. It’s advantages it’s way much above the disadvantages and that has brought more about its adoption rate today.
sr. member
Activity: 840
Merit: 437
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 decentralized digital currency that make gives people the right to have control over their financial economy, determine on how they make use of their financial decision by themselves, maintain their privacy and handles their security, bitcoin is a modern blockchain technology that gives everyone right to personally handles their finances without being under a centralized authority or institution as well as governments, so if you need financial freedom, then think of bitcoin, the p2p network is secured and decentralized, you have no reason to doubt on its security.
hero member
Activity: 1764
Merit: 731
You want to know about Bitcoin then you have to go and do your research on Bitcoin that's the only way you can get a true picture about Bitcoin, don't depend on what anyone tell you alone you still have to educate yourself in Bitcoin and doing that is super easy, you have all the materials you would ever need to make a comprehensive research on Bitcoin and crypto-currency at large. But in a very simple term Bitcoin is an improvement to the traditional financial system.
sr. member
Activity: 448
Merit: 264
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As for me, bitcoin is digital currency that is not meant to be printed and can be used to buy and sell things online like US dollar physical shops in US and other currencies in our various countries. In my own understanding, bitcoin was to buy and sell things online and that where the p2p comes from. You buy something with bitcoin, pay the person with bitcoin and the seller accept it then you transfer the coins to the person according to the value of the product. But because of the inflow of the coin. People started bto hodle it too make it scarce and it becomes value in store. So those who want to sell it, sell it in higher price and the price started to go up and it becomes the bull market in the investment.
This is how I see and understand bitcoin.
?
Activity: -
Merit: -
When someone asked what does bitcoin mean to me ?...i feel so immotional to give the person a reasonable answers,because of the effective impacts of Bitcoin in the world, for you to be able to understand the main basic of bitcoin roots and if  really you wants to know more about bitcoin please take your time and go through these:
Contents, enter the link https://learnmeabitcoin.com/beginners/how-does-bitcoin-work/ and study well.

What is Bitcoin?
What problem does Bitcoin solve?
How does mining work?
Where do bitcoins come from?
Why is the file called the "blockchain"?
How do transactions work?
How do you own bitcoins?
Summary
Conclusion

Moreover bitcoin has helped many people in life and bitcoin will continue helping the future generation.... infact bitcoin is the best and the most reliable cryptocurrency for investment.
hero member
Activity: 574
Merit: 554
Leading Crypto Sports Betting & Casino Platform
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 currency that promotes freedom. It is a tool to invade financial restrictions placed by the government to control the people. It is a financial instrument that increases privacy by its pseudonymous transaction. It is also an asset that appreciates in value thereby giving Bitcoin investors from all locations the chance to make profits.

My journey in the Bitcoin space started when I was introduced to this forum. From the information I have read here, my knowledge about Bitcoin has kept increasing. I will  recommend newbies to stay in bitcointalk.
hero member
Activity: 686
Merit: 1360
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How important is Bitcoin to you and why?
Tell me a story about your experience with Bitcoin so that newbies can learn something about Bitcoin from you.

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.
newbie
Activity: 9
Merit: 3
I have read about the early days of Bitcoin, and many people wanted to give the masses freedom from the banking system. Are we still headed in that direction, and do many new people care?
hero member
Activity: 952
Merit: 617
Leading Crypto Sports Betting & Casino Platform
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 don't have anything much to talk about bitcoin because the news is everywhere and since bitcoin price reached six digits, it has attracted a lot of investors. If you want to get rich in future, just keeping on stacking your bitcoin portfolio with DCA irregardless of the price of bitcoin, because bitcoin is currently the only asset that can give you bigger profits in future compared to any other asset.
member
Activity: 116
Merit: 11
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.
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