The current trend of bitcoin is that is is appreciating. The big bubbles and bursts only affect the short term trends.
Surely it will burst soon or later because at one shot prices went up more than 50% so I think there will be a correction soon.
Topic: Why bitcoin will appreciate forever - page 4. (Read 20058 times)
Surely it will burst soon or later because at one shot prices went up more than 50% so I think there will be a correction soon.
The current trend of bitcoin is that is is appreciating. The big bubbles and bursts only affect the short term trends.
I wonder whether that registered anywhere in Satoshi's vision. I would've thought he'd be rather pleased if the idea had spread far and wide into multiple nooks and crannies. I guess he didn't account for clueless scumbags piling in with cloned coins.
At every stage of a new technology's growth, you must try to anticipate how criminals and scammers will try to profit from it.
This is why hollow clones of bitcoin are valueless and a new blockchain needs to offer significantly different/advanced features to try to legitimately compete with bitcoin proper.
It is not only ridiculous but goes against the very principles of a good crypto which should be open source and decentralized. By leaving altcoins fail by themselves, all that happens is it legitimizes Bitcoin even more. Every time an altcoin fails is yet another victory for Bitcoin and it just further proves that pretty much every crypto that isn't Bitcoin is not worth anyone's money.
I wonder whether that registered anywhere in Satoshi's vision. I would've thought he'd be rather pleased if the idea had spread far and wide into multiple nooks and crannies. I guess he didn't account for clueless scumbags piling in with cloned coins.
the btc its very apreciated like its digital good a money trade coin like its forever well in my life time yes, will it be 300€ will it be 600 or 1200 we dont know but when you sell and when you buy its quick and very usefull for future trades some people just like to hold the coin im not im a investitor into goods i sell i buy but im very young in this as you can se by my activity the major issue here its will it stables per 2050 yes it holds but alt coins are not to be as good only doge and prob ltc will prevaill into good manners the other coins alt coins will be like a torbulent come and colapse because no one can trigger to a common value of better coin like it is now the btc its very usefull into markets and will be more after this faucet polutied opening of crime but the clean water will come and better and more investitors will come europe already acepts it and we will all see it even govs.
All people start to know how to make good coin.
- Make faucet
- Start a group or forum
- Marketing it globally
- Need to choose a nice CEO or founder of the coin
Many altcoin cannot go as far as LTC because the founder not show themselves.
It's hardeasy to start new coin.
By the way start new coin mean you start to create your own fiat money. Build your own country!
And at the end it will go complex as fiat money as well.
I think bitcoin or (creator of bitcoin) can start some 'digital goverment' to control the altcoin madness. IMO
That is nonsense lol. Why would satoshi nakamoto (which is an anonymous figure and wants to stay anonymous) come out to try to control altcoins? How would he even control altcoins? that's ridiculous. Cryptocurrencies are free markets, no one can control them, there are too many colluding forces for a single player to play a deciding factor on its own.
It is not only ridiculous but goes against the very principles of a good crypto which should be open source and decentralized. By leaving altcoins fail by themselves, all that happens is it legitimizes Bitcoin even more. Every time an altcoin fails is yet another victory for Bitcoin and it just further proves that pretty much every crypto that isn't Bitcoin is not worth anyone's money.
Bitcoin is appreciable as it has less fees while transfering larger or smaller amounts the same fees will be deducted.
There could be more fee if the block size does not increase. If you want fast transaction, you have to pay high fees.
Bitcoin is appreciable as it has less fees while transfering larger or smaller amounts the same fees will be deducted.
the btc its very apreciated like its digital good a money trade coin like its forever well in my life time yes, will it be 300€ will it be 600 or 1200 we dont know but when you sell and when you buy its quick and very usefull for future trades some people just like to hold the coin im not im a investitor into goods i sell i buy but im very young in this as you can se by my activity the major issue here its will it stables per 2050 yes it holds but alt coins are not to be as good only doge and prob ltc will prevaill into good manners the other coins alt coins will be like a torbulent come and colapse because no one can trigger to a common value of better coin like it is now the btc its very usefull into markets and will be more after this faucet polutied opening of crime but the clean water will come and better and more investitors will come europe already acepts it and we will all see it even govs.
All people start to know how to make good coin.
- Make faucet
- Start a group or forum
- Marketing it globally
- Need to choose a nice CEO or founder of the coin
Many altcoin cannot go as far as LTC because the founder not show themselves.
It's hardeasy to start new coin.
By the way start new coin mean you start to create your own fiat money. Build your own country!
And at the end it will go complex as fiat money as well.
I think bitcoin or (creator of bitcoin) can start some 'digital goverment' to control the altcoin madness. IMO
That is nonsense lol. Why would satoshi nakamoto (which is an anonymous figure and wants to stay anonymous) come out to try to control altcoins? How would he even control altcoins? that's ridiculous. Cryptocurrencies are free markets, no one can control them, there are too many colluding forces for a single player to play a deciding factor on its own.
Bitcoin will always be appreciated of bottom of my heart! 
The supply of bitcoin is limited, unlike US dollar or other currencies. So it will appreciate all the time.
What about all the money daily that is put into btc? Wouldn't this make it appreciate for at least a long run? It wouldn't make sense if it didn't appreciate, at least to me. Not counting GOX, since inception hasn't btc relatively been appreciating?
Bitcoin will always be appreciated of bottom of my heart!
If bitcoin becomes a widely used currency, the world population is till growing, more things are produced, bitcoin will appreciate.
I am not very convinced if Bitcoin will appreciate forever for the simple fact that it may be substituted with better technology (coin) in say 10 years from here. That would mean most of the people who now use Bitcoin will slowly move to the new coin. It has not happened yet with altcoins as most of the projects were following bitcoin too closely. But you can't rule it out that we will soon see something capable of dethroning bitcoin and thus start to lose its value.
And that's mean now we can make new coin, and be stronger from bitcoin.
I think there would be at least 2,000 coin alt coin in 10 years later.
Everyone want to be the next Satoshi Nakamoto.
The rest was simply clones, or clones of clones, etc. That does not bring the development much further and thus the position of bitcoin stays for now unchallenged.
the btc its very apreciated like its digital good a money trade coin like its forever well in my life time yes, will it be 300€ will it be 600 or 1200 we dont know but when you sell and when you buy its quick and very usefull for future trades some people just like to hold the coin im not im a investitor into goods i sell i buy but im very young in this as you can se by my activity the major issue here its will it stables per 2050 yes it holds but alt coins are not to be as good only doge and prob ltc will prevaill into good manners the other coins alt coins will be like a torbulent come and colapse because no one can trigger to a common value of better coin like it is now the btc its very usefull into markets and will be more after this faucet polutied opening of crime but the clean water will come and better and more investitors will come europe already acepts it and we will all see it even govs.
All people start to know how to make good coin.
- Make faucet
- Start a group or forum
- Marketing it globally
- Need to choose a nice CEO or founder of the coin
Many altcoin cannot go as far as LTC because the founder not show themselves.
It's hardeasy to start new coin.
By the way start new coin mean you start to create your own fiat money. Build your own country!
And at the end it will go complex as fiat money as well.
I think bitcoin or (creator of bitcoin) can start some 'digital goverment' to control the altcoin madness. IMO
the btc its very apreciated like its digital good a money trade coin like its forever well in my life time yes, will it be 300€ will it be 600 or 1200 we dont know but when you sell and when you buy its quick and very usefull for future trades some people just like to hold the coin im not im a investitor into goods i sell i buy but im very young in this as you can se by my activity the major issue here its will it stables per 2050 yes it holds but alt coins are not to be as good only doge and prob ltc will prevaill into good manners the other coins alt coins will be like a torbulent come and colapse because no one can trigger to a common value of better coin like it is now the btc its very usefull into markets and will be more after this faucet polutied opening of crime but the clean water will come and better and more investitors will come europe already acepts it and we will all see it even govs.
I am not very convinced if Bitcoin will appreciate forever for the simple fact that it may be substituted with better technology (coin) in say 10 years from here. That would mean most of the people who now use Bitcoin will slowly move to the new coin. It has not happened yet with altcoins as most of the projects were following bitcoin too closely. But you can't rule it out that we will soon see something capable of dethroning bitcoin and thus start to lose its value.
And that's mean now we can make new coin, and be stronger from bitcoin.
I think there would be at least 2,000 coin alt coin in 10 years later.
Everyone want to be the next Satoshi Nakamoto.
That's the best case scenario. Another great scenario is that after the halving the current value will multiply many times or more. However there are many others cases where Bitcoin can either disappear or become obsolete like others have mentioned.
With Bitcoin we should also be aware that scandals and scams are around the corner, a tech flaw or huge cyber heist can make Bitcoin look very bad and expose it. I'm not saying it has flaws, but we can't really know what will happen in 2 or 3 years.
This can open the door for newer technology, faster, better, etc. Hopefully Bitcoin is like the internet and continues to lives on through the years as the standard digital currency.
With Bitcoin we should also be aware that scandals and scams are around the corner, a tech flaw or huge cyber heist can make Bitcoin look very bad and expose it. I'm not saying it has flaws, but we can't really know what will happen in 2 or 3 years.
This can open the door for newer technology, faster, better, etc. Hopefully Bitcoin is like the internet and continues to lives on through the years as the standard digital currency.
how do they get richer?
if you're just spending bitcoin, not producing anything, nto mining anything, how do you gain more bitcoins? Especially if you already hold a majority of bitcoins?
The rich get richer in fiat just because they are the only ones who can lend money they don't even have, and than charge interest on it. That's why they are so unbelievably rich.
With bitcoin, this scam isn't possible.
Trading is a service. You are providing liquidity to the market, and offering the best prices to sell/buy bitcoin, thus lowering the spread.
Traders also take risk for themselves, and lower the risk for the market, the smaller the volatility is the better for merchants and long term holders.
It is the most important service in bitcoin, after mining.
I am not very convinced if Bitcoin will appreciate forever for the simple fact that it may be substituted with better technology (coin) in say 10 years from here. That would mean most of the people who now use Bitcoin will slowly move to the new coin. It has not happened yet with altcoins as most of the projects were following bitcoin too closely. But you can't rule it out that we will soon see something capable of dethroning bitcoin and thus start to lose its value.
bitcoin is programmable, why move on to the next coin if you can simply upgrade bitcoin?
That's like saying "we have used the internet since the 90's, but in 2020 we will move on to another thing because the internet is outdated technology" No! While we get new browsers and new websites all the time, the internet is evolving, but we don't stop using the internet.
So while we get new apps and new underlying technology all the time, we will still continue using bitcoin!
I am not very convinced if Bitcoin will appreciate forever for the simple fact that it may be substituted with better technology (coin) in say 10 years from here. That would mean most of the people who now use Bitcoin will slowly move to the new coin. It has not happened yet with altcoins as most of the projects were following bitcoin too closely. But you can't rule it out that we will soon see something capable of dethroning bitcoin and thus start to lose its value.
bitcoin is programmable, why move on to the next coin if you can simply upgrade bitcoin?
That's like saying "we have used the internet since the 90's, but in 2020 we will move on to another thing because the internet is outdated technology" No! While we get new browsers and new websites all the time, the internet is evolving, but we don't stop using the internet.
So while we get new apps and new underlying technology all the time, we will still continue using bitcoin!
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