Will Bitcoin become a long-term trusted store of value? - page 22.

ecnalubma

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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 believe its the best alternative investment short term or long term. Since the high risk is always there put only money that you can afford to lose, high volatility asset has no guarantee to make a 100% profit or returns. But if mass adoption has no barriers undoubtedly this investment will skyrocket and can reach the highest possible gains.

BETnaBET

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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.

sordinihandbag

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I dont think you should trust a blindfolded crypto as easily. Because it has no warranty no guarantee no reliabilty only volatility ;p

Wilsonong222

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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.

Yes 5-10 years from now I think Bitcoin will be the most powerful currency in the planet. It’s a revolutionary invention which has greater impact to our daily lives. I don’t know your sources of $2,000,000 future value for BItcoin, but if this will happen then many ordinary people will become millionaire and those rich people who hoard fiat will become same status of bitcoin holder. Many traditional believer of fiat will be force to convert their money into crypto out of fomo.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: lythanhbinh on March 15, 2018, 11:03:04 AM

Quote from: TheUltraElite on March 15, 2018, 10:57:05 AM

Quote from: rider4 on March 12, 2018, 10:35:45 AM

I do not know what will happen next with bitcoin , but I bought it and hope that it will rise in price.

Well you can hold it and watch the market. A safe bet would be to make a stop/loss target and sell accordingly. Currently market is red and bitcoin is sinking so not a good time to sell if you bought at higher price.

To me, i will increase my BTC as long as i can and this is a good time to buy more bitcoin.

I can call BTC is The King when market have to follow it

Well it is definitely the king of crypto if you talk about about its competition to other crypto and the market metrics of bitcoin against other altcoins. The market being red its a good time to stock up and hold bitcoin. Because believe it or not the panic selling will stop soon and whales are going to pump the market and make the price reach 10k or more once again.

Quote from: Direwolve735 on March 15, 2018, 04:10:15 PM

Yes, I think Bitcoin will become a long-term trusted store of value. In fact, it already is. Investing in bitcoin is, first and foremost, an opportunity to invest in a sufficiently reliable and in demandable currency. Fast and big profit with bitcoin is hardly possible now. But Bitcoin price will grow and those who understand the crypto-currencies and are able to manage their investments, can use this digital currency as a means of storage with the possibility of a potential increase in savings.

You dont technically invest in bitcoin, you trade it and the profit is made from trading. Although people seem to use the terms interchangeably while talking about bitcoin. Again huge profits are possible if you know where to put your money - but again the risk is there.

Direwolve735

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Yes, I think Bitcoin will become a long-term trusted store of value. In fact, it already is. Investing in bitcoin is, first and foremost, an opportunity to invest in a sufficiently reliable and in demandable currency. Fast and big profit with bitcoin is hardly possible now. But Bitcoin price will grow and those who understand the crypto-currencies and are able to manage their investments, can use this digital currency as a means of storage with the possibility of a potential increase in savings.

Finestream

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Quote from: butcherme on March 15, 2018, 10:54:47 AM

As long as people see bitcoin as a good long-term asset either by it's convenience or profitability, bitcoin surely last for years or even decades. Just imagine how many attacks were made to bring down bitcoin, and still bitcoin remains the number cryptocurrency. Which means, a lot of people, no matter what news comes out of bitcoin, trusts it a lot.

Agreed.I started to believe in bitcoin the first day i invested into it.Until now nothing has changed,bitcoin still owned the number one position in crypto coin.Because of that,bitcoin is expecting to be a long- term trusted store of value and i know for sure bitcoin has it already.The legends here may have their own proofs why until now they still valued bitcoin so much.

lythanhbinh

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Quote from: TheUltraElite on March 15, 2018, 10:57:05 AM

Quote from: rider4 on March 12, 2018, 10:35:45 AM

I do not know what will happen next with bitcoin , but I bought it and hope that it will rise in price.

Well you can hold it and watch the market. A safe bet would be to make a stop/loss target and sell accordingly. Currently market is red and bitcoin is sinking so not a good time to sell if you bought at higher price.

To me, i will increase my BTC as long as i can and this is a good time to buy more bitcoin.

I can call BTC is The King when market have to follow it

TheUltraElite

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Activity: 2898

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So anyway, I applied as a merit source :)

Quote from: rider4 on March 12, 2018, 10:35:45 AM

I do not know what will happen next with bitcoin , but I bought it and hope that it will rise in price.

Well you can hold it and watch the market. A safe bet would be to make a stop/loss target and sell accordingly. Currently market is red and bitcoin is sinking so not a good time to sell if you bought at higher price.

Quote from: bocyaj on March 12, 2018, 10:42:37 AM

Bitcoin is the trust one for very long period.Many people investing their money in Crypto and become a millionaire.Do you know one thing even a millionaire are investing their money in bitcoin.If you keep your money,it will reduce by spending for your needs.But if you invested in bitcoin,you will get more from it.

What do you mean by "trust one"? Its the number one - yes? Is it trusted - technically not everyone since trust is a subjective term. Is it safe - yes it is. But seriously you shitposters need to stop doing this type of posts here trying to increase posts. Bitcoin is not a get-rich quick method. Its a currency - get that into your head first.

butcherme

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As long as people see bitcoin as a good long-term asset either by it's convenience or profitability, bitcoin surely last for years or even decades. Just imagine how many attacks were made to bring down bitcoin, and still bitcoin remains the number cryptocurrency. Which means, a lot of people, no matter what news comes out of bitcoin, trusts it a lot.

11adamsBTC

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Trusted or not i cant say but it can bring you great profit if you can use it tactically

as i do

jakagintiri

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Bitcoin is promising and reliable for everyone who has benefited from bitcoin. Back again depending on each individual, whether bitcoin can be trusted for long term as a promising income. because there are so many opportunities for success.

spyerf

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No one knows for sure the future of bitcoin, if the future of bitcoin is good in the future, this is the hope and hope of everyone here. For me the most important I still buy bitcoin to get it profit. at least for the next few years.

v0rtecxz

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Quote from: dogandogru on March 05, 2018, 07:48:21 PM

BTC will surely be a long term asset. If govt. make it legal then demand will rise like anything among the people. On the other hand, if declared illegal, Price will surge in long term, coz it will be rare collectable item just like weed or marijuana. Lets see where govt divert its direction.

as you have said, if the government legalizes bitcoin, of course there will be many positive impacts that will happen, people will be easier to recognize bitcoin and use it freely and demand for bitcoin will increase, but at this time not many governments can accept bitcoin, many still reject it with a variety of reasons,

bocyaj

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Bitcoin is the trust one for very long period.Many people investing their money in Crypto and become a millionaire.Do you know one thing even a millionaire are investing their money in bitcoin.If you keep your money,it will reduce by spending for your needs.But if you invested in bitcoin,you will get more from it.

brightLIFE

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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.

Yes that's true. Even how manybit takes bitcoin is one of the nost trusted coins I ever had. I see potential I see future for bitcoin. Since then I really believe that bitcoin will soon make a lot of millionaires and I really experienced some of this not that much today but at least little by little.

rider4

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I do not know what will happen next with bitcoin , but I bought it and hope that it will rise in price.

intoy_victor

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For trusted value I will say yes but for long term I don't think so if bitcoin will last.
Because of the high price value and it is not a scam many people are invisting in bitcoin. They trust bitcoin that if they invest their money it has a possible to double it.

Freddie Aguiluz

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Quote from: diva.man on March 05, 2018, 03:04:47 AM

BTC is now recognized by governments, and his value is recognized by many countries.

Block chain technology will be developed this year, and the price of BTC will increase steadily!

BTC is really a good investment!

Yes it is a good investment, we can trust in it because it cannot be taken from us easily unlike fiat money. It is volatile so we can manipulate it and play with it easily. We can invest on it and earn a lot if we are good and strategic on handling it.

sirenmoon

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Quote from: Jlimao28 on March 01, 2018, 07:13:21 PM

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.

Many of the investors are investing into the Bitcoin because they are believing in the long-term profit. They don't make comparisons between the FIAT and the Bitcoin because they are looking at a Bitcoin as a standalone currency that is fluctuating currently. I am also hoping for the Bitcoin rise in the future and that can easily happen because it has the limited supply which is getting smaller every day. I don't think that the price will jump so high as stated in the thread but I expect for it to become the currency supported by all and not just a small percent of the population which is seeing its true potential. We must wait and see the future impact on the society and only thing that remains for us is to hold it a little longer, maybe even buy some more when the correction phases are happening.

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