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Topic: Will Bitcoin become a long-term trusted store of value? - page 11. (Read 3336 times)

full member
Activity: 308
Merit: 100
I think that the bitcoin has many characteristics that makes it so attractive to the investors. There is the anonynimity that it provides the user with when it comes to the ttransactions plus it has the ability to support a good price level without any government interference.
member
Activity: 252
Merit: 10
It has been and will always be until the crypto sphere seize to be no more. Bitcoin is now one of the best established crypto and proving that its demand never perish. I could say that in the long period of time that it actually seize to be of existence , it have shown great improvement and stability in the market. There were great recognition of its use also making it as a reliable cryptocoin.
member
Activity: 336
Merit: 12
For economic reasons, governments may be less favorable for bitcoin as a store of value. If governments decide to lean in favor of bitcoin as a store of value, like gold for example, they would essentially be fighting over the leftovers at this point.
member
Activity: 322
Merit: 10
We can not say that will really happen in the future, but for bitcoin to become a long trusted storage of value , I already believe in that no matter what happen in the future , because I trusted this kind of dimensions in the digital world, the first I know bitcoin , I never thought that this is true , but as time I join this bitcoin , I am so amaze for this technology in the internet.
full member
Activity: 308
Merit: 100
The bitcoin is getting more and more attention from investors and people in general because this crupto currency is decentralized and not being taxed in the majority of countries. so the demand for the bitcoin increases as well as its value.
member
Activity: 602
Merit: 10
Bitcoin is good investment and store of value at the same time. As an investment, bitcoin price growth is very profitable and as store of value bitcoin is very safe. Indeed we should have investment on bitcoin even that a small portion because bitcoin market always growing
newbie
Activity: 48
Merit: 0
We certainly think so Grin Bitcoin is already a trusted store of value, being the prototype, and relatively successful up to this point. When adoption becomes more widespread, and regulation becomes more concrete, we think that confidence in Bitcoin will grow dramatically. Bitcoin, at this point, is very much here to stay!
newbie
Activity: 224
Merit: 0
In fact, bitcoin has proved it, and its use has been well recognized and has made it a reliable cryptocurrency. Many investors invest in bitcoin because of potential long-term potential.
full member
Activity: 658
Merit: 102
If bitcoin will continue to grow in the same way in its price, then I think that it will not be a reliable long-term repository of value. At large price values of bitcoin, it will already represent a significant risk for investment. If bitcoin greatly increases in price, then its holders will be very worried about their investments. Then any negative information can attract panic, people will massively sell their bitcoins and it can depreciate. Therefore, it will not be a reliable long-term depository of value.
legendary
Activity: 2758
Merit: 1004
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Now holders prefer to hold rather than trade it, so it proves that bitcoin is a valuable asset or long-term trusted store of value, which from last year to now it's rise and expected in the future as well, we holders also know that if we sell our bitcoins, we will lose our investment value which in the future will be profitable.
everyone will know that bitcoin is a very good asset for the long term if they look at it from the year before. I'm sure, many people are just realizing it. actually a lot of people who do trading to increase the number of bitcoin they have.
hero member
Activity: 1139
Merit: 500
Yes it can be used for long term investment but the price of 2 million per bitcoin is too high, it's possible but it will take time and the chances is pretty slim, but for sure it will be very profitable if we keep bitcoin for long term, there are some positive news that makes the chances of bitcoin grow big

Take a look at the early years of Bitcoin, no one can think it has reached over $18,000. $2,000,000 is a very high level but I think nothing is impossible, for a long time to come. I am investing in Bitcoin and I encourage people to do so in the long term.

Of course, Bitcoin will become a reliable and valuable store in the future. Maybe not for long.
What's been mentioned is the true fact. Apart from this we need to know the growth it has acquired over time. Because, by the early days of bitcoin into usage there were few more cryptocurrency into existence. But none were successful in terms of development as well reaching the user community. Even by that time bitcoin gained the strength and the same will continue.
For the past few years, bitcoin has been very profitable and beneficial despite the fluctuation it experienced and I believe it will continue to deliver. From crash its price is increasing rapidly with minimal plunges. Bitcoin has a future and can become a long-term trusted value but I don't think it can happen overnight, it would take some times. It also needs proper execution of strategies, acquiring the appropriate knowledge, reducing the degree of misconceptions, investing the amount that you can afford to lose and grow, and the strong faith we have towards it.
hero member
Activity: 1666
Merit: 502
Now holders prefer to hold rather than trade it, so it proves that bitcoin is a valuable asset or long-term trusted store of value, which from last year to now it's rise and expected in the future as well, we holders also know that if we sell our bitcoins, we will lose our investment value which in the future will be profitable.
member
Activity: 406
Merit: 19
Bitcoin will forever be a store of value valuable in the long run as well as functioning as Coat of Pride the natural life of cryptocurrency.
Strong and Weak the value of bitcoin all of it depends on our trust which is entirely as a user.
full member
Activity: 462
Merit: 100
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Yup! Bitcoin and other crypto currencies will have a long term store value. So long as we see a less volatile price on them. The less volatile a coin gets, the more people and investors are willing to adapt them into their business. So that's why we need to hold on to our coins and not panic sell our holdings.
newbie
Activity: 58
Merit: 0
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hero member
Activity: 1148
Merit: 504
Yes it can be used for long term investment but the price of 2 million per bitcoin is too high, it's possible but it will take time and the chances is pretty slim, but for sure it will be very profitable if we keep bitcoin for long term, there are some positive news that makes the chances of bitcoin grow big

Take a look at the early years of Bitcoin, no one can think it has reached over $18,000. $2,000,000 is a very high level but I think nothing is impossible, for a long time to come. I am investing in Bitcoin and I encourage people to do so in the long term.

Of course, Bitcoin will become a reliable and valuable store in the future. Maybe not for long.
What's been mentioned is the true fact. Apart from this we need to know the growth it has acquired over time. Because, by the early days of bitcoin into usage there were few more cryptocurrency into existence. But none were successful in terms of development as well reaching the user community. Even by that time bitcoin gained the strength and the same will continue.
Bitcoin community will continue to grow and it will keep bitcoin prices up and make hold and store bitcoin until the future is very worthed to do, why am I so believe this? look at the increasingly popular of bitcoin on the internet and start spreading to all corners of the world
member
Activity: 420
Merit: 14
Well, i believe crypto currencies, not just Bitcoin will see a long term investment option and all the people ho held on to see this happen will be so flipping rich. Besides, we invest money that we are willing to lose so that's really a no brainer.
sr. member
Activity: 402
Merit: 250
Yes it can be used for long term investment but the price of 2 million per bitcoin is too high, it's possible but it will take time and the chances is pretty slim, but for sure it will be very profitable if we keep bitcoin for long term, there are some positive news that makes the chances of bitcoin grow big

Take a look at the early years of Bitcoin, no one can think it has reached over $18,000. $2,000,000 is a very high level but I think nothing is impossible, for a long time to come. I am investing in Bitcoin and I encourage people to do so in the long term.

Of course, Bitcoin will become a reliable and valuable store in the future. Maybe not for long.
What's been mentioned is the true fact. Apart from this we need to know the growth it has acquired over time. Because, by the early days of bitcoin into usage there were few more cryptocurrency into existence. But none were successful in terms of development as well reaching the user community. Even by that time bitcoin gained the strength and the same will continue.
from the topic being stated above, yes it is true that it has a long term store of value, most people misinterpreted what is it, but the fact is that, the real investors and those people that are really interested that had also invested into bitcoin saw its potential that is why they give it a try and just let the time pass by and see what happens.
jr. member
Activity: 280
Merit: 2
Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
I guess it is good to invest bitcoin but maybe not for too long. Yes it can be trusted and reliable but we just cannot tell the future. We must bear in mind that iin every investments there corresonds risks.
legendary
Activity: 2646
Merit: 1106
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Yes it can be used for long term investment but the price of 2 million per bitcoin is too high, it's possible but it will take time and the chances is pretty slim, but for sure it will be very profitable if we keep bitcoin for long term, there are some positive news that makes the chances of bitcoin grow big

Take a look at the early years of Bitcoin, no one can think it has reached over $18,000. $2,000,000 is a very high level but I think nothing is impossible, for a long time to come. I am investing in Bitcoin and I encourage people to do so in the long term.

Of course, Bitcoin will become a reliable and valuable store in the future. Maybe not for long.
What's been mentioned is the true fact. Apart from this we need to know the growth it has acquired over time. Because, by the early days of bitcoin into usage there were few more cryptocurrency into existence. But none were successful in terms of development as well reaching the user community. Even by that time bitcoin gained the strength and the same will continue.
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