What if stop believing about bitcoin ?

Mahiyammahi

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It`s like stepping back to stone age bro Wink

. We are heading towards digital world where everything is going to be digitalized.

Quote from: Sifat Redwan on October 03, 2021, 06:32:08 PM

I mean every country has the equivalent of gold to their fiat. Bitcoin has no gold or physical value.

For your kind information I think you should`ve learn first what is money? and What is gold standard?

I`m prefering you my This Post

Quote from: Mahiyammahi on November 01, 2021, 12:08:09 PM

What do you thinks about your country's currency. How they actually work? Isn't it just a paper then why we value them most? It's not a beautiful things to keep for us. In physical asset like gold its has value cause Gold has a limited supply. Then why do we prefer a fiat currency which we can just print anytime. Actually money which is printed its not decreasing every year it's increasing.

Well I`m adding some additional information Gold standard is no longer acceptable in our society. in 1971 Gold Standard`s end its journey when 'United States" President Richard Nixon announced that the United States would no longer convert dollars to gold at fixed value, thua comletely abandoning the gold standart.

If you talk about Bitcoin well its similar to gold. You can also mine bitcoin like gold. there`s just a simple visible diference is it has no physical form. I think using Fiat currency there`s a possibility to have Infliantion. But as I talked bitcoin it`s similar to gold I dont think this same go for bitcoin as well.

That`s all. I think no one willing to stop believing on bitcoin. I think day by say more people acknowledging bitcoin day by day Cheesy

Sebas.tian

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Quote

Bitcoin has no physical presence. What if we just stop believing in bitcoin. I mean every country has the equivalent of gold to their fiat. Bitcoin has no gold or physical value. Can this ever happen ?

Bitcoin is a decentralized currency that came to stay to eliminate fear and delay in our daily transaction. Those that understood what bitcoin is about will not have any negative things about bitcoin than to improve their believe on decentralized currency. Some country that rejected bitcoin some years ago because they didn't know the value of bitcoin and how government can use bitcoin to reduce unemployment in the community are seriously struggle with their economy.

Bitcoin has physical value to humanity because you can see bitcoin and feel it by using it to buy whatever you want to buy in the community. Many people now prefer to invest on bitcoin than gold because of the fast and secure in transaction.

Gamerholic

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I understand that the factor of faith in our time is of great importance, but since the market has already been formed and has been developing for a long time, I don’t think that faith is now more important here than the investment strategies of funds and large players (holders of thousands or tens of thousands of bitcoins). Especially recently, more and more news about the adoption of cryptocurrency, its legalization and regulation by national governments - gives a new impetus to the entire industry. I believe that faith is not so important today!

Dunamisx

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Quote from: Sifat Redwan on October 03, 2021, 06:32:08 PM

Bitcoin has no physical presence. What if we just stop believing in bitcoin. I mean every country has the equivalent of gold to their fiat. Bitcoin has no gold or physical value. Can this ever happen ?

If i make ask you, is everything you believed existed or happened occur in your presence? Yet you don't see bit believe, if someone send you coin through your wallet address and you received it, make used of a p2p exchange to have the unit of your token converted into fiat currency, do you really believe it worked and real? Bitcoin is a virtual currency have all characteristics of monetary value else that its virtual and volatile.

If we can be in an era of virtual currency whereby people make use of it and nearly into the features of metaverse which is as at now under research and developmental stage, yet we are moving gradually in technological advancement unlike where we've started. Bitcoin has come to stay and any other cryptocurrency still have same surviving opportunity to be worth recommending in later future.

TelolettOm

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if you want to, just go on.
but no for me.
this thought is actually around us, moreover for the people who don't believe in Bitcoin because it has no physical.
however for me, no ohysical doean't mean no exist.

we have been here for several years and it is okay.
the thought may be still going on.
but don't ask other to also have that similar thought with you.
i am with my own thought, I love Bitcoin because it has value and it earns me money and investment 😁

Ozero

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Quote from: Fundamentals Of on October 03, 2021, 11:09:03 PM

Yes, this will happen but not too soon. It happens to every currency. So it will happen to Bitcoin also. There will be a particular time in the future when there is a better technology that could be used with more convenience and efficiency than Bitcoin. By that time people will jump into it and decide to simply stop using Bitcoin.

This is the same with fiat. Fiat was also welcomed when it came out as a better money several decades ago. And then here comes the crypto technology which offers a better and more sound money.

I thought: what is faith in bitcoin? From a practical point of view, this is the belief that it will grow in price for a long time to come. Everything will end someday. And the price rise of bitcoin as well. People will then have no material incentive to hold bitcoins. What will happen to the price of bitcoin then? The question is interesting. And I probably know the answer to it.

Yamifoud

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Quote from: Woodie on November 21, 2021, 03:48:41 PM

Quote from: Sifat Redwan on October 03, 2021, 06:32:08 PM

Bitcoin has no physical presence. What if we just stop believing in bitcoin. I mean every country has the equivalent of gold to their fiat. Bitcoin has no gold or physical value. Can this ever happen ?

looking for a coin backed by some kind of asset, stable coins are there for that..bitcoin remains bitcoin. In terms of people stopping believing in bitcoin it could mean another cryptocurrency could take its place because cryptos are here to stay, besides the beauty about these cryptocurrencies its the freedom they accord us which could be expressed by change of interest of another king but for now Bitcoin remains our choice and king of digital coins. .

We can't blame such kind of thinking as not all were able to understand but instead of learning and knowing about Bitcoin more, they even just insist it is only worthless and has no value like gold/fiat. Should a need to give them some light in order to open their eyes and see how it gives benefits to us, to the community? Well, if that is really a need, I think I'm going to do that but somehow, not all are open-minded and have nothing to do with these people but to let them go and let them keep their negative thoughts while we are enjoying the market.

cheezcarls

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There’s no way for me to stop believing about Bitcoin. This is where my life have turned around and saved me from being financially broke. However, you can’t please everybody. There will always be non-believers about Bitcoin, and we just have to respect their opinion.

Slow death

legendary

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It's funny that some people are still talking about this subject when they know that FIAT is a role, so why does a simple role have value? it has value because people have assigned that value, just as bitcoin has value because people have assigned that value, people are willing to pay for bitcoin, that's simple

Quote from: sktamim on November 21, 2021, 10:42:00 AM

Bitcoin is not imaginary or a fairy tale for you to believe in it or not.
it is real

truth, there are people who still insist on creating nonsense topics like this

Woodie

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Quote from: Sifat Redwan on October 03, 2021, 06:32:08 PM

Bitcoin has no physical presence. What if we just stop believing in bitcoin. I mean every country has the equivalent of gold to their fiat. Bitcoin has no gold or physical value. Can this ever happen ?

looking for a coin backed by some kind of asset, stable coins are there for that..bitcoin remains bitcoin. In terms of people stopping believing in bitcoin it could mean another cryptocurrency could take its place because cryptos are here to stay, besides the beauty about these cryptocurrencies its the freedom they accord us which could be expressed by change of interest of another king but for now Bitcoin remains our choice and king of digital coins. .

EdenHazard

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Quote from: marilynmanson21 on November 21, 2021, 10:15:06 AM

Quote from: Sifat Redwan on October 03, 2021, 06:32:08 PM

Bitcoin has no physical presence. What if we just stop believing in bitcoin. I mean every country has the equivalent of gold to their fiat. Bitcoin has no gold or physical value. Can this ever happen ?

Basically, bitcoin was created, there is no physical, only virtual money, and until whenever bitcoin is only in the form of digital gold and virtual money but has value.
if you do not believe in the existence of bitcoin there is no compulsion you continue to survive and believe in bitcoin

Well ... bitcoin invention itself are not for physical thing.

the vision is to make us become our own bank , no third party ... no physical shit required .. nothing but a value that created by us.
so far the value formed at $60k which it's a huge success , believe it or not bitcoin would just run as it is , pretty simple.

Wipeout2097

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It is often one address that would certainly makes somebody halt and think almost it for long run. I believe that results of one acting to this notion of losing one conviction in Bitcoin. After you lose conviction in something, at that point the as it were thing you'll do is to halt considering almost it, and stop doing the things that you simply do some time recently once you accept in such an resource. Presently that you just don't accept in Bitcoin, at that point the most excellent thing to do is to halt taking part in trades,While without even thinking of crypto nowadays is lik boring and cut off from the world.

rozak

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I personally will never lose faith in bitcoin, even though bitcoin is not physical, but bitcoin has really given meaning in my personal life, because bitcoin has given real freedom to my own person, even though I just plunged into the world of bitcoin, but I already feel very satisfied what I have got from bitcoin..

because of these forums and communities, there is a foundation of trust. people have known bitcoin for years and I believe there is no reason to lose trust.
when some countries are getting interested in the use of bitcoin and crypto. what is clear is the greater benefits of bitcoin and crypto. We must not close ourselves off from technological developments. if we don't want to be far behind from the fast-growing people thinking about future opportunities.

sktamim

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Bitcoin is not imaginary or a fairy tale for you to believe in it or not.
it is real

marilynmanson21

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Quote from: Sifat Redwan on October 03, 2021, 06:32:08 PM

Bitcoin has no physical presence. What if we just stop believing in bitcoin. I mean every country has the equivalent of gold to their fiat. Bitcoin has no gold or physical value. Can this ever happen ?

Basically, bitcoin was created, there is no physical, only virtual money, and until whenever bitcoin is only in the form of digital gold and virtual money but has value.
if you do not believe in the existence of bitcoin there is no compulsion you continue to survive and believe in bitcoin

bitzizzix

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Bitcoin is intangible but has a value like gold and fiat, for those who don't believe in bitcoin because they don't have physicality because they don't understand and understand bitcoin well so it's natural to make them confused.
unless the OP has long been involved and understands bitcoin in its entirety, it will confuse us with the question, because we believe in it and have studied it so well that we are still around today and beyond. because bitcoin can help in all aspects of life especially in finance, freedom etc which is better of all.

rizqoAD

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Bitcoin has no physical, Bitcoin is a digital asset that has a high value so we can benefit from it. Even though Bitcoin is not physical, I have experienced the benefits of Bitcoin and it is real, so I don't think there is any reason not to believe in Bitcoin. Indeed, there are many other investments such as buying physical gold, but I am more interested in Bitcoin because it is easier to store and more profitable than gold. It's all up to you whether you want to believe in Bitcoin or not.

karanggatak

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Quote from: Sifat Redwan on October 03, 2021, 06:32:08 PM

Bitcoin has no physical presence. What if we just stop believing in bitcoin. I mean every country has the equivalent of gold to their fiat. Bitcoin has no gold or physical value. Can this ever happen ?

dont be surprised about that one, many people believe non physical things, and im the one of them.
the first time appearing, hard to believe in bitcoin. this coin be the one and no other rival. as time goes by, people give their courage and being big explosion. its hard to ignore bog presence like this coin, the number make you think twice of you have it.

Patigi

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If stop believing in Bitcoin their will be a lot problem for some people especially me because I make my money through trading and Bounty. Is from advertisement of coins I am able to feed my self and take of some financial problems. So if people stop believing in Bitcoin their will be problems for some people because some people daily bread are from there but all depend on your self. out there no more vacancy for jobs.

Xinarae*

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Whether to believe in bitcoin will usually depend on the individual himself no one is in control here. The individual is able to do everything as his own independent just as crypto markets are easy to get rich with, if you don't have the right knowledge about the market you will be at risk we have to wait patiently and move forward with confidence by investing in bitcoin. It is possible to get a lot of profit through long term investment negative thoughts will hinder you from becoming rich.

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