Will Bitcoin become a long-term trusted store of value? - page 14.

deisik

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Quote from: amirshaf on March 01, 2018, 06:47:02 PM

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 think you somewhat misunderstand what the idea of a store of value means in practice. As the term itself suggests, a store of value is about keeping, i.e. not losing value over the long term. It doesn't mean any specific price. In fact, it may mean any price as well as a change in that price. For example, gold is considered a good store of value even though its price is volatile (though not as volatile as Bitcoin's, of course). How come? The answer is simple, it is its price in dollars (or whatever) which changes, not its real value as it is valued against other non-monetary items. In other words, it is the dollar value which fluctuates and makes it look like gold is volatile, while in reality gold is pretty stable or even rock-solid

Now you can apply this logic to Bitcoin and see how well your theory fits in

Jaky

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Quote from: amirshaf on March 01, 2018, 06:47:02 PM

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.

Maybe yes in the long run many will respond to what btc has instore... With it's good profits in return people will learning to adopt na value of cryptos..

Jlv

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The Future Of Work

Yes I believe bitcoin become a long-term trusted store of value, I know that it gives good profit returned in the future and life changing begins with us, just hold and time will come for a good future.

Sled

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Quote from: adolf512 on May 02, 2018, 04:23:37 AM

Quote from: amirshaf on March 01, 2018, 06:47:02 PM

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.

Your reasoning is not entirely clear. I believe that even at the moment, bitcoin can be considered beneficial, long-term preservation of value, if you did not buy it at a peak of $ 20,000. Bitcoin has a great future and growth prospects, I believe that its price will continue to grow.

That is the only way for bitcoin to go, to go up. It will not go down since it has a limited supply and the people always want to keep it because they believe to the future of bitcoin and the technology of it so it is simple that bitcoin is for long term store of value because we can just put our money and expect huge return from it after a few years.

xuzukami

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I believe that BTC will develop sustainably and save all people, BTC will bring wealth to us in the future if we have business knowledge and perseverance. Everything will come true if you know what to try.

rickadone

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Quote from: burong1 on April 23, 2018, 12:50:58 AM

Quote from: @prashant on March 05, 2018, 07:26:44 AM

Yup it has very chance that not only btc but cryptocurrency will become next big thing .but the problem lies in technology lack of awareness but slowly it will spread. we already know trader are taking btc as virtual gold so more to come.as we are still in early era of crypto so its best to buy and hold for future gain.

i think yes that bitcoin become a long term trusted store of value because of the price and you can really have a big profit on it so i guess bitcoin will become long term investment and a long term trusted store of value and of coarse bitcoin will have a potential in having higher price.

So far so good, while taking a look back, bitcoin has really shown a better chance as a store of value than so many other assets. As we move ahead and more growth and development keep kicking in, with bitcoin being not just a store of value but the value of it being a currency which is going to be used by most enthusiasts and some of the non-enthusiasts globally, will even make it more worthwhile to hold in the long run.

Higher price is something that is obviously certain in the long run. Store of value along with attractive remunerations are some unbelievable benefits of bitcoins. Some people are expecting bitcoin to hit million dollar levels. So, all we must do as of now, is simply holding.

dekafee79

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Quote from: amirshaf on March 01, 2018, 06:47:02 PM

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.

off course. I believe that Bitcoin become a long-term trusted store of value. bitcoin is the future technology, it will exist for along years. it is a good investment.

Sexie

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Quote from: amirshaf on March 01, 2018, 06:47:02 PM

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.

http://fortune.com/2018/02/08/bitcoin-price-cryptocurrency-gold-price-buy/
Most investors are choosing bitcoins as digital gold to park their assets. Selling their metal gold just investing for bitcoin because they believe that the value of the later one is increasing everyday that will get more profitable than the real gold. Some investors also choose the metal gold as they know that this metal is forever and well established and trusted although the value is slightly increasing than bitcoin.

adolf512

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Quote from: amirshaf on March 01, 2018, 06:47:02 PM

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.

Your reasoning is not entirely clear. I believe that even at the moment, bitcoin can be considered beneficial, long-term preservation of value, if you did not buy it at a peak of $ 20,000. Bitcoin has a great future and growth prospects, I believe that its price will continue to grow.

fiomcorka

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Quote from: Dimid on April 28, 2018, 11:59:14 PM

Quote from: amirshaf on March 01, 2018, 06:47:02 PM

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 agree with you, bitcoin is just going to become something like another gold, but its value will be much higher.
But you also do not need to rule out the option that bitcoin is a means to squeeze money out of people.
So do not forget about risk management, despite the figures that draws your imagination in your head.

Bitcoin is already called as digital gold because like gold, it is also a very precious asset that not everyone can afford or at least, not all of us can have big amount of bitcoin. It is indeed expensive. Even during the downfall, bitcoin was far above the reach of common person. It did not get lower than 5k dollars and investing 5 grand at one time is a pretty tough task to accomplish.

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Quote from: merkuriya on May 02, 2018, 03:38:13 AM

It might be hard to assume that it can be worth a million in coming days. But just think of people who bought it for few cents, could they imagine that one day it would be $20000 but that is reality now.

It may only be applicable for early adopters when the price is just cents and they decide to forget or hold it in a month, but now that bitcoin is too exposed in media, then we might not experience it if we will not buy during dips and put effort in trading or investing.

merkuriya

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It might be hard to assume that it can be worth a million in coming days. But just think of people who bought it for few cents, could they imagine that one day it would be $20000 but that is reality now.

dominional

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Will Bitcoin become a long-term trusted store of value? Yes it will be because we have change so many currencies and we are now in the new era of bitcoin that is just moving gradually qnd gaining it's ground and gaining recorgnision in the global world. Therefore the future is bright and shinning for crypto

spongegar

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Depends on the investors themselves. If we panic sell at the smallest of dips in prices then basically we are screwed. Our main goal why we are holding our coins is to make it as stable as possible. Selling your coins and buying some gain and selling then again is not helping at all. We shoukd just really look into holding and buying more rather than selling. I believe bitcoin will be a strong crypto currency and we will reao all the benefits from it.

Pier7

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Yes of course, bitcoin will be a long term store of value. It is a nine year old now and still counting because the number of bitcoin users increases over time. It is the best creation of the modern times and it has big impact on the financial system. Sooner or later, bitcoin will become the future of money.

Froloff92

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Surely so many investors choose a reliable long-term investment, the article can easily get more profit if the price goes beyond the normal limit and can sell at any time without having to worry about losing coins.

kokorotomoto

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I think so, because bitcoin is a proven coin in the world of cryptocurrency. because we are still in the early era of crypto so it's best to buy and hold for profit in the future.

sigam batat

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If I think this bitcoin is more suitable to be called long-term investment instead of long-term value store, I also invest in bitcoin because I know that bitcoin has a very good profit for us to invest and again if we currently buy bitcoin and sell it at a price which is very expensive at the end of the year, we will be able to profit big.

dimitriaustralia

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450 members and growing! DAG
900 Million coins being offered in Pre-sale
www.bitcoinb.io
Minimum participants 100.
Maximum investment per person $500.
For a $500 investment you will receive 5 000 000 coins. (airdrop participants will receive 5000)
5 000 000 coins will be valid initially in the Pre-sale, Will finally be 3 000 000 once closer to target. @ 50% target 4 000 000 coins.
Must have belief in the project and wish to hold long term. Founding members cannot participate in Pre-sale.
At this point ICO will have a cap of $500 per person for 500 000 coins or less.

What the funds will go towards.
-Organisation to reach ICO (Price of presale at least 10x cheaper than ICO price)
-Creating genesis node of server
-Configuring coin from nano fork
-Android application/ wallet
-Block explorer
-Improvement to current rewards bounty software
-Marketing
-Testnet
-Airdrop ready and airdrop rewards ready
-Portal site
-Growing community and creating community branches
-Content
-Progression

More information:
https://bitcointalksearch.org/topic/ann-bitcoin-black-btcb-airdrop-ico-fair-distribution-36-billion-dag-3124440

themughni

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Quote from: amirshaf on March 01, 2018, 06:47:02 PM

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.

off course, I am sure Bitcoin will become a long term trusted store of value. because of its specs and usage. bitcoin is the future currency. it will happen, lets see..

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