Topic: What is next for Bitcoin? Seems like the only winners are early adopters unless (Read 321 times)

Don't regret too much about the situation that has happened, because even now you are still given the opportunity to be able to buy bitcoins. It's never too late, to invest in bitcoin, because bitcoin still has much greater potential in the future. Don't think investing in bitcoin now is too late, because if you still think like that, I'm sure you will repeat the same mistake and regret it a second time. So use the opportunity that you have now as fully as possible to buy bitcoin, if you are really interested in investing in it.
You can make a conclusion like that, have you really studied Bitcoin as a whole? Because calling bitcoin is pointless, it is a very wrong opinion. Even though you or what you call a company, have never produced something from bitcoin, maybe because you are still new to this bitcoin industry. Because if you study bitcoin in more detail, you will definitely find a very broad benefit from the existence of these bitcoins.
Maybe at this time your mind is still not wide open about the existence of this bitcoin asset, because the proof is that you still have quite big doubts about it. I also can't fully convince you about this bitcoin, because if you think you are still closed, it will be difficult to give positive insights about bitcoin. And in essence, just study first, and feel after that, are you sure or do you still have the same thoughts.

You don't understand why big companies are interested in crypto; some invest money in cryptocurrencies. They see it as the future of finance and can bring them benefits, not just profits but support from those who believe in cryptocurrencies. For members of bitcointalk, it's special when it comes to companies with ideals aligned with decentralization and stuff. 

It's all about the long term for sure.

Bitcoin has use cases. It can be used for transactions that are fast, secure, and lower fees compared to what is offered by Paypal, and other payment platforms. Moreover, for anonymous transactions, Bitcoin is very appropriate because it is anonymous and does not require the sender's personal data.
It's true that it doesn't give profits to the company directly, but if a company wants to send transactions internationally, but doesn't want to be tracked by the government, they can use Bitcoin which will benefit them or they can invest long term in Bitcoin and get profit from that. So you are quite wrong in stating that Bitcoin has no use cases.

I do not think that this is the case, not all the time at least. I think if you could invest into bitcoin or any other good project and keep consistently invest into it for a long time, that means you are going to not only have a lot of money that you yourself invested into, but also you are going to make a good profit as well.

Even if you invest just 100 dollars per month, for 20 years, you would invest 24k but with just 20% a year (which we all know bitcoin would do more) that would result with 320k total. Imagine having 310k dollars, that is a lot of money and it would benefit you a lot, you could literally buy a whole house that can make you enough to not work.

If you are 20 years old, and start investing only 100 bucks, by age 40, you will retire. It's that simple. With 250 bucks a month, at 40% which is realistic for overall bitcoin including the bull periods, you would have 60k invested in 20 years, and 13!!!! million dollars in the end. It's that simple.

I think that BTC can bring some profit only out of long-term hodling. But there is a high risk of dollar and other fiats inflation nowadays, so there might be a chance to save the assets by having BTC and/or other cryptocurrencies. However, there is only a chance to save money, not a guarantee: during fiats inflation cryptocurrencies can become cheap as well.

You've been here since 2020, yet you're asking questions like a freshman. You first heard of Bitcoin when it was around $110, you saw all the bad press it went (it's still going through), you saw its last bull and bear seasons, yet you're still not sure if it's legit? Even at its current price at $30,000? You must be kidding, right? The same way you think the greatest winners in this Bitcoin thing are only the early adopters, it's the same way you will watch on the sidelines and others who are buying today will profit from it. Stop wasting your precious time in fear and invest now. Otherwise, a few years from now you will also rue not taking that bold step now.

I believe you should disregard the past opportunity of Bitcoin because it has already happened. You can't go back there no matter what, which is why we have to accept it. If you can accept reality, you will find it easier to move and try new things. I just want to tell you that if you haven't already invested, now is the most important time. People who purchased tokens in the previous year are unable to sell them because their purchase price is significantly higher than the current price. Some of them are unable to purchase another since they are dissatisfied and unwilling to add more. As a result, this is an excellent time for early adopters to invest in Bitcoin.

Don't think about the past because it was long ago and we can't buy it at such a low price. You better focus on buying Bitcoin, especially if the price drops again. Most people won't do anything while the price of Bitcoin is still very low but they start to panic when they see the price move and increase rapidly.

The companies accumulating for a long time made huge profits because they might have managed to sell their Bitcoins when the price peaked. And after that, they again wait for the price to undergo a deep correction and buy them in large quantities.

If you can do the same as those companies, you can also get a very big profit. And right now, you still have time to accumulate more Bitcoins. So use this time as well as possible to get big profits later.

1. Forget the opportunity you missed in the past, it's not coming back anymore, and now the same opportunity is still present because Bitcoin keeps growing in value.

2. You don't need a lot of money to buy Bitcoin right now, this is the mistake that many new investors made, they think that since 1 Bitcoin is now 30,000$ they can't afford it, you will be fine with 0.003-0.0100 BTC, think about the future, if 1 BTC goes to 300,000$ you won't be able to afford 0.01BTC at the time.

3. Don't focus on 1 BTC or even the half, the satoshis will be worth a lot in the future and you will regret not having some piece of the pie when you can.

Even at this very moment, a lot of persons are missing out on the investment with the price as it is. You didn't have money then becuase you was young, so are other kids at this time but the question you should be asking yourself now is,
What are you doing about it now? Do you have money now yo buy a few sats when it's still within the cent and a few $100 denominations?
If you can't afford a whole Bitcoin, think of he sats you could accumulate because, it would soon gain some well enough value like we have in bitcoin at the time.

Your not late my friend and don't have your eyes pegged on bitcoin price and forget that, its got smaller denominations. Go for what you can afford and keep accumulating.

True, Bitcoin was a golden goose many didnt catch, and FOMO can taint our thinking. Institutional investors like BlackRock joining the bandwagon lends Bitcoin legitimacy, but bear in mind, crypto swings wildly, and even big players can't promise a boom.

Bitcoin doesnt behave like ordinary company stock. It's a protocol, think digital gold, untethered to company profits. Its "mined", with its value tied to supply and demand, akin to gold.

Before you invest big, I strongly advise understanding more about blockchain tech and its revolutionary promise. Investing in crypto isnt just chasing quick profits - its also championing a decentralized financial dawn

If you think that missing out the opportunity to buy bitcoin when it was way more cheap, then you don't clearly understand how it works.

Let's say you still can't move on when you should've bought when Bitcoin was $110 and when you made up your decision to buy it was $220, it increased 100%, it's just the same if you're gonna buy at $30,000 but hesitated then regrets again when it hits $60,000, you know what I mean. My point is, as long as Bitcoin has its price, it's never too late to buy it, you just have to be patient.

Is there anything that wasn't made out of thin air, everything once had no value until it got adopted and became useful. Bitcoin is a currency that can be used as an alternative to fiats and that's why you should buy it. It mightn't be useful today but it does have a future as developers are working on its utility everyday. Bitcoin isn't been used globally as a currency because it's undergoing attacks from the government as they can't control it.

Have you done some research on Bitcoin, if you haven't then you should as that's when you'll understand what Bitcoin. Don't invest when you don't understand what bitcoin is, for now it's used as an asset but that's not its only used. Bitcoin is used for fast, secure transactions.

You are correct. Bitcoin won’t make you rich anymore unless you are already rich. Those that bought large amounts prior to 2015 and held are very wealthy, maybe some who bought the low in 2018 and COVID low at $3-4K. But these days you buy at $30K, unless it goes to $1M which it won’t. It won’t make you rich.

Same with buying Ethereum. This is why many are pumping coins like Pepe out there because that has a possible 10-100x move. Same with all those other meme coins. Remember shiba inu? Yes these coins can make people rich but not Bitcoin itself. Market cap is just way too high.

the OP is a newbie in this market, so yeah, i can understand that he has not find the use case of btc yet. but he will soon understand that btc has been used as payment method by a lot of merchants already.
more then likely, couple of months down the road the OP will change his perspective towards this market. i don't think he will say again that this market is made out of thin air.
if he will educate himself and read some basic threads on this forum, he will change his mind real quick. and that is true, no one is forcing you to buy any of this currency. it is your own prerogative to hold some of these coins and your responsibility to know how you can profit from this market.

Bitcoin has already its use case.  I do not know what are you looking for but Bitcoin is already been used as a mode of payment even though it is highly volatile.  If Bitcoin is not producing profit for any companies then why does there are lots of centralized companies now that are taking advantage of Bitcoin?  You can search the internet and you will find lots of Bitcoin start-up companies.


No one is forcing you to invest in Bitcoin.  If you are hesitant then don't, it is your own free will.  You may miss out on possible future profit, but at least you don't lose any money if the Bitcoin market crash.

If you think Bitcoin is not for you, then why want to get convinced by it? You have long been hearing about Bitcoin, just like you said, but have not felt convinced to invest again because you missed the earlier low price. So, is it what people would say now that would get you to believe in what you said that it's made out of air?

Bitcoin has had a lot of price history, and if you gradually look through it, you will realize the price changes about Bitcoin and that there is still more ATH to cover.

If you want to understand more about Bitcoin, you can read the content below or watch the video.
https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj
https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

In fact we always feel regret for the things that happened in the past, few are wise enough as well as lucky enough to take that opportunity, remember in the past times when bitcoin was at the price of a few dozen $, do many people believe it will cost as it is?
With the experiences that have happened, each person will have an approach to what they know, I think there are many different opportunities in life where we can invest, and especially in the crypto market. there is a lot of potential, and the long-term view with btc will bring satisfaction to our investment portfolio.

There are many conditions that many people actually don't need to regret, even some people who are able to cultivate the investment space didn't recognize the potential of bitcoin at that time and even today. So, I don't think that bitcoin has become a grab currency as long as people of all financial levels have the means to earn it.

You give questions with 2 different POVs, the benefits and profits, the question is how far is your practice using bitcoin? What kind of company do you mean?

Don't invest any of your capital if you don't know what you are doing, BTC is not printed out of thin air like fiat, it has a fixed supply that cannot be exceeded, and once all BTC's are mined, there will be no more 'new' BTC's. This is unlike fiat that your government can decide to pump in new notes out of thin air at anytime. You are not being forced to invest, and BTC's value will go up with or without your investment, it is not like altcoins that grow just because of hype; so you are the one who needs to learn how BTC works and decide if you want to use it or not.

How do you arrived at the occasion that BlackRock spot bitcoin ETF application is what leads to this sudden increase, have you even consider how closer we are getting to bitcoin halving which will begin to gradually unfolds more attempts on bullrun anytime from now on, moreover i don't think the offer with BlackRock has been granted yet by the SEC, remember they were not the only applicant on this.


You need to learn about the reason for the creation of bitcoin by Satoshi first, study the history and also google about the importance of bitcoin in a decentralized digital financial economy, this will gives you more insight on the needs for financial freedom, privacy, trust and security which all these together form part of the reason why Satoshi make an alternative to fiat traditional currency away from central authorities with the introduction of bitcoin.


So solving a rigorous mathematical equations through the process of bitcoin mining and competing with thousands of other miners across the world is nothing to you deserving a reward for?

Based on your explanation you still think Bitcoin is useless and it's just like bubble going to burst, it's better if you not invest in Bitcoin because if the price suddenly drop 10% in a day or it's not like your expectation, you will say Bitcoin is scam.

What is next for Bitcoin? nothing as it's keep decentralized and almost impossible to hack. But the next is adoption from the government about Bitcoin or the government will start ban Bitcoin.

In this case, it may be better to keep your money or invest it in something else, because why would I or someone else assure you that Bitcoin is a good or bad choice for you? When you say "something made out of thin air" it is more than obvious you don't understand even the most basic.

Maybe you should study mining and POW and read Bitcoin white paper, and if it doesn't help, I suggest you may buy a picture of the sunset and find the value by looking at the same

Bitcoin's job is not to provide profits for companies. It is a currency and a mode of transaction to change the economy. If you think everyone is a fanboy wishing for it to go up then be happy with that idea and not try to uncover yourself the reason behind it. Most of us here have watched the market for years enough to clear out the price cycles and how the market moves. While the long drawn bear market has it own effect on the traders psyche and the patience to hold through it.

I suggest you learn how Bitcoin works and how it's demand and supply functions. We cannot prove to you that it will be a good investment for the future, so decide on that yourself.

Even if Bitcoin seems created out of nothing and intangible, it has a value given by the non-replicability.  In fact, Bitcoin can never be spent twice and therefore cannot be falsified, just like gold which cannot be reproduced artificially.  Also consider that the Fiat currency is constantly counterfeited but what is its true value other than being a trivial piece of paper?

never look back and regret! I missed the chance too! But anytime is the best time to start investing in Bitcoin. because the price you see today, may not be available in the future. Don't let the Fear of missing out decide your next action. Start now and forget for another couple of years. This method works in almost all cases, be it in the stock market or the crypto market.

Also, I am sure you don't know anything about Bitcoin mining. Otherwise, you wouldn't have said that it is made out of thin air. Be a little more respectful to the community and do research on how Bitcoins are created. Then come back here and then we will discuss.

Bitcoin is definitely not created out of thin air, every coin is basically created by doing work, aka Proof-of-work. You can't just simply generate a bitcoin out of thin air (which you can do with fiat by the way)

You can understand more about Bitcoin by reading the whitepaper:

https://bitcoin.org/bitcoin.pdf

It's a short read and explains the main concepts nicely.

don't try missing again mate , you have missed your chance before when you were young so now that you are mature enough and can deeply check what is given then why asking the community now .
and if you are having confusion and second thoughts then leave this market and invest in other places where you can generate more than what you are thinking here.
trust is the most important thing in each investing .

There's no late comers when it comes to Bitcoin, you could always hop in to the market with proper knowledge and wise decisions for you to profit. As you guys mentioned like the Blackrock, there's always a new trend in years so there would be an opportunity for everyone to witness and experienced the bullish market where people could ride in. And I agree that you don't have to overthink about this company, just buy low, sell high to everyone and you could do better than those companies. But for sure there's no late comers but take your time to study the Bitcoin or else you would rush on these things which makes your life more complicated.

Just like others said there is no time too late to invest into bitcoin. The coin wouldn’t stop circulating or halving after the next to suggest that it is an already missed opportunity but rather it mining would continue till 2140 before mining stops and that seems a very long time to come. And due how scarcity brings about demand, everyone that got the coin before then is still in good shape.

Reading through your post I found that it is your skepticism that has and is keeping you away from been part of the early adopters. If at this time after you meet bitcoin at $110 and you still think it is just a thin air token then you would certainly miss more lows to buy on. There’s nothing bad having to cast your doubt before investing your money into something but if you actually have those doubts then there’s no reason to cast an eye on the people that are gaining after buying at such lows because they took the risk that most of us couldn’t, so it is best they enjoy the most of it now

Bitcoin information and resources
Resources to teach Average Joe about Bitcoin
Bitcoin Wiki
Learnmeabitcoin.com

Since 2009, Bitcoin adoption has increased a lot and many use cases for bitcoin. No use for it, really? If no use for it, why are you here?

bitcoins are created by miners, from their Proof-of-Work mining works to find Bitcoin blocks. bitcoins are not created from thin air like altcoins with mint function.

How is the 21 million Bitcoin cap defined and enforced?

I'm glad you noticed that even a bit late, oh no you don't late, you still have time to buy even have a little money now. The Blackrock is just one euphoria of this era. I know that the company has secretly bought bitcoins since several years ago, but they don't tell us because they don't us to know they bought a lot of to avoid the price grow up significantly. Now, The Blackrock just bought a few, and seems to have finished it until the price back to ATH.

The company has a strategy that can't have been predicted. But, we have the point key we should know is just buy the dip, DCA and hold, it then we can be won outperformed than the big company.

Find a good discussion on its fundamental idea from a good book instead of Twitter/Reddit. Seeing how you don't see how companies make a profit from Bitcoin, I believe you're simply looking at the wrong place to understand Bitcoin. You can also browse around the Dev & Technical discussion on this forum. If after doing that you still don't understand or don't believe in it, then don't buy it. Nobody is forcing you to participate anyway, and if you're more comfortable with gold or other things then just buy that. Don't get trapped in FOMO.

Nobody can give you an answer. Who knows, maybe someday you will ask the same thing but you'll replace $110 with $60k. At the end of the day, it is a high-risk high-reward investment. If you don't have the means to shoulder the risk, maybe you should look for alternatives. Obviously, you can just spend $100 and then forget it for 10 years or so.

We can't avoid this and in some cases, this is true. So be careful because if you spend too much time on the internet, especially on social media, you will encounter a lot of people that doing already this, you are their exit.
And for me, there's nothing wrong for this because they took a risk during early and I think it's worth it because at the first they don't know what will happen also in the future.

Well you have to look long term, and that is the secret of early adopters. So I don't think there is a missed opportunities here, just buy as much as you can and then simply be a bitcoin holder. The longer you hold the better it might be for us, just like what the early adopters did.


Then experiment it yourself, try to buy items and pay bitcoin, simply as that.


Don't get me wrong, but I think the problem is your mindset.

Why would you invest right? You are not required to do so especially if that is how you view this technology. Those fanboys you are calling are simply ones who made profit from doing so. They are creating a hype and they are getting something from it; nothing's wrong with that. There are other investments you may choose from, you're not limited in this industry. But don't mind asking why there are many investors even if things are made of 'thin air'. If you're really that curious, just surf this section of forum and you'd know why. There are also other platforns such as social media sites you may also visit. People are doing and engaging to things because of a reason. And if I were you, you should also atleast have one, towards this industry before you actually start.

You are not the only one who missed that opportunity in the early days of Bitcoin. I think it is best to forget about this because most of us in those days did not expect what Bitcoin is today.
The opportunity is not limited to the first adopters only, but also to those who have mastered mining, and this did not cost them what it costs the same thing today.
The problem with your position is that you are talking about Bitcoin as an investment opportunity only, and you do not notice how many steps Bitcoin has made in a short time that no one expected.

You don't need millions to buy Bitcoins. The problem with some investors who rush to buy Bitcoin is to think they can get rich quick overnight. This is never going to happen. Even the HODlers we see today held the Bitcoins through the years. They could have sold bitcoin when it was just worth $500, but they didn't.


The white paper is here, maybe it will help you understand Bitcoin's main purpose https://bitcoin.org/en/bitcoin-paper

You mean that bitcoin has no utility? Are you in this world, or probably you do not know much about bitcoin. I do not expect anyone to come up with something false that bitcoin has no until.

This is the reason you have not be buying bitcoin, you think it is made out of thin air and has no utility. You think like a bitcoin critic that is now seeing himself missing out of opportunity that increase in bitcoin price would have offered.

Go and learn about bitcoin limited supply and increasing demand. Probably you will be able to know why bitcoin is an asset and why the price will still continue to increase than decrease.

Forget about the opportunity that you have missed in the past. Like you said, you have no idea how Bitcoin could have reached where it is today, as do most of us out here. So the best you could possibly do now is to stop the regret and move past it. What matters is what you could do with the opportunities that you have at hand now that you know how important Bitcoin is.
 
No time is too late to join the line; it's not about having millions first; if your mind is determined, you can start with any little one that you have, and little by little you will accumulate more. When the price pumps, everyone is going to realize profit according to their invested amount.

You have millions to buy ? I so missed out on this when it was $110 a coin but I was young and no money. So now that blackrock made some noise in the Bitcoin space and got everyone rallied up will this be the biggest money grab in history to then crash it on the recession?

How can i understand Bitcoin more ? I mean it has no use for it yet, it is not producing profits for companies ?


I want to invest good capital but dont understand why I would do this on something made out of thin air. Sometimes seems like its a lot of fanboys just wanting it to go up and up so they can then sell to retail