Topic: Will Bitcoin become a long-term trusted store of value? - page 21. (Read 3333 times)
Yes you can trust if you have enough surplus to lose at a pitch of toss. Then it can be profitable for you
Right now, I'm bot ezperience any oroblems on storing Bitcoin in my ewallets. I see that it will open new opportunities to cater better to its users. Hopefully, businesses will be more aware of it and adapt it to their systems.
A script is possible in which bitcoin is more likely to realize itself as a means of exchange. While this is impossible due to the instability of the course, but when it is leveled, this option is quite possible
Bitcoin is already being used as a currency. People are using it for making deals, buying things and in all other such stuff. Rest definitely it is going to take some time in order to be used without being converted into dollars or any other currency. For that, we need bitcoin to have some stable price just like paper currencies. Someday, this is definitely going to take place but not in the near future. Exactly buddy., bitcoin become popular as time passes by which most people become seriously asking questions what really bitcoin is all about. Though in some situations we can't even control the value of bitcoin especially during downfall situation and those users become panic selling since they can't no longer to see their huge losses if their shares. Well, I believe it will back to it's stabilize value since bitcoin is intended for.ling term investments.
I believe that bitcoin can be a long term trusted coin because of its specs and usage. The scarcity also of bitcoin makes its endurance, why? Because if it has unlimited supply of coins then for sure its price will not goes up. The tendency is that, many investors will pull their investment because bitcoin is not profitable.
Economically advanced countries are afraid of the presence of Bitcoin because of the high risk of the economic downturn for their country, many say Bitcoin It will last a long time after that and also be an ideal investment place now. In the future, Bitcoin will be the digital currency that is used to make the foreign money.Actually we know bitcoin was long term coins and trusted that we need to buy and holding on it. But we know this bitcoin was too popular in a whole country and we hope bitcoin was be make foreign money if that happen it will easily to use it for buying a thing that we need.
A script is possible in which bitcoin is more likely to realize itself as a means of exchange. While this is impossible due to the instability of the course, but when it is leveled, this option is quite possible
Bitcoin is already being used as a currency. People are using it for making deals, buying things and in all other such stuff. Rest definitely it is going to take some time in order to be used without being converted into dollars or any other currency. For that, we need bitcoin to have some stable price just like paper currencies. Someday, this is definitely going to take place but not in the near future.
Its better to have a btc assests for future than having a gold or silver. Atleast i trust it that much
Yes I believe that Bitcoin has a long-term trusted store of value. I believe in it and checking the flow of bitcoin in the market by the end of the year, it is really high and can give you a high profit by just HODL.
It is considered as store value and yes, it's also a good one for long term.
And this is why bitcoin has forgotten as a payment system and it's now a trend for store value and investment.
It's a good investment so whether you are okay for short term, it's also good for long term.
And this is why bitcoin has forgotten as a payment system and it's now a trend for store value and investment.
It's a good investment so whether you are okay for short term, it's also good for long term.
Yes, there are chances that Bitcoin may become the long-term trusted store of value as we can see that bitcoin is gaining a lot of people's interest from all over the world and people are believing in the bitcoin and they have started investing there for their future and retirement plans and also for their children's future. It can only be proven false if it falls to zero otherwise it cannot be stopped and controlled by anyone. It totally depends on the usage of the people as it is peer to peer payment system.
A script is possible in which bitcoin is more likely to realize itself as a means of exchange. While this is impossible due to the instability of the course, but when it is leveled, this option is quite possible
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.
Another reason to invest in bitcoin is if it becomes a currency as satoshi envisioned, if bitcoin is in fact accepted all over the world and it becomes a mainstream way to pay for stuff online and in the regular stores then the price of bitcoin will grow up significantly, in fact I think this is the first necessary step before bitcoin becomes a store of value, that was the same path that gold took, gold was at first a currency and when people discovered how good it was people began to use gold as a 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.
It is the long-term - Yes. Now we are not seeing the best days for bitcoin. But I'm sure (I want to believe this) that everything will be okay and bitcoin by the end of the year, if not break the price of last year, then at least regain its old position.
Bitcoin can not be considered as storage of value because its price os too volatile so chance of losing your investment is more if we invest on bitcoin.If that is only possible if the bitcoin has a stable value but I think it will never happen if more people starts using bitcoin its volatility will get increase.
I have the same view that it won't happen with its volatility. For anything to come as a store of value, it must not be changing in value constantly without notice for investors to decide whether to remain in-there, or to ulter their position. For this reason, bitcoin will hardly become a store of value because it never gives notice
before its high fluctuating movement except it is regulated.
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.
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.
and vice versa if the coin price goes down we can hold it until the price actually goes up. and this will be a very long crypto journey until it finds the right intersection in each country.
and vice versa if the coin price goes down we can hold it until the price actually goes up. and this will be a very long crypto journey until it finds the right intersection in each country.
I believe that bitcoin can be a long term trusted coin because of its specs and usage. The scarcity also of bitcoin makes its endurance, why? Because if it has unlimited supply of coins then for sure its price will not goes up. The tendency is that, many investors will pull their investment because bitcoin is not profitable.
You are right. With the limited supply of bitcoin it provides a great value. There are so many people patronizing bitcoin and other legit crypto currency and this will be a very normal thing in the future. Trust is going to be normal in their arena as our world is becoming digital now and bitcoin is in the forefront of all of this.
Bitcoin has long been the most reliable and profitable asset for savings. Did you not see this? Lol! You can not take statistics in a short period. In order to make a decision, take statistics for 1 year. This will give you a more correct result. This year the price will be above $ 30,000. Is that a little profit?
Value is placed by people so it depends on how people view BTC going forward
It is! The value is not stable but it will hit the moon. Even bit coin come up and down still the value is good for long term investment. At the proper time it will hit the highest price ever. New records will come.
I do not know what will happen next with bitcoin , but I bought it and hope that it will rise in price.
Yes I still beleive on bitcoin as a long trusted value. Even bitcoin now is getting low volatile. I know that one of this days everyone have a smile in face because of bitcoin will climb now to normal situation like price of December 2017.We don't have a choice but to wait for the coming price. There's still dawn every morning to hope for. This is only my strength everytime l cry.
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