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Topic: Will Bitcoin become a long-term trusted store of value? - page 4. (Read 3336 times)

member
Activity: 224
Merit: 10
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 do not think like you, you can see that the crypto market is in the long-term bearish trend and although the bitcoin price is holding above $ 6000, the fines may drop sharply at any time. Therefore, to be able to trade successfully is very difficult, bitcoin prices are constantly adjusting and this makes the price of altcoin is very strong. I believe that the time when investors' confidence in bitcoin is losing.
full member
Activity: 201
Merit: 100
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.
Well, indeed. It gradually depends on the perception of an individual if he thinks that Bitcoin can be a good and long-term trusted store of value or not. I bet even Bitcoin users are sometimes thinking of that Bitcoin might be or might not be a long-term trusted store value especially the new ones because of its too much volatility that although a great advantage and a unique characteristic of Bitcoin, was also risky and fearing in a way that "What if one day I wake up, Bitcoin was already down into zero value?" which is a mindset of those people who are too curious that it can be possible to happen. But for us who have already bet our trust into Bitcoin, we are already treating it as a long-term trusted store value so it is possible.
MMA
legendary
Activity: 1134
Merit: 1000
I see it as a long-term investment instrument to generate earnings. because the surge is too much. a wrong move can damage it. you need to be very careful and patient. Good analysis is required. If you do not want to take risks, it would be better to keep money in the long run
It will certainly be very reliable very long. Even through many generations. And those who want a high turnover are quick to invest. For a long time it will lead to panic.
It is in fact becoming more and more stronger from time to time. Actually people interest is still increasing to invest money in bitcoin. Bitcoin is still the first choice of the most of the people still they are interested to invest their money in bitcoin, because they are expecting that bitcoin price will give them profit.
member
Activity: 322
Merit: 10
I see it as a long-term investment instrument to generate earnings. because the surge is too much. a wrong move can damage it. you need to be very careful and patient. Good analysis is required. If you do not want to take risks, it would be better to keep money in the long run
It will certainly be very reliable very long. Even through many generations. And those who want a high turnover are quick to invest. For a long time it will lead to panic.
newbie
Activity: 104
Merit: 0
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. Cheesy Cheesy
member
Activity: 434
Merit: 10
This questions doesn't have a particular answers, but for me this is already been running for almost 10 years if I am not mistaken. Many of the BTC holders doesn't expect to bloom it with the current value right now. So, when it comes to a long-term trusted of value, definitely Bitcoin can handle the situation.
full member
Activity: 365
Merit: 101
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 that in order to become something like this with coins to get more stable, because right now nobody will trust his money to the store of value which is constantly changing the positions.
hero member
Activity: 910
Merit: 512
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 don’t really know for sure, we don’t know that now but we will get to find out as soon,  but I hope it does, cause if such happens then a lot of people will get to trust bitcoin and start to invest a lot of money in it Another thing you have to consider is the fact that bitcoin is volatile,  so do you think that anyone is ready to use something as volatile as bitcoin to store their wealth?
member
Activity: 350
Merit: 10
Open and Transparent Science Powered By Blockchain
Im sure bitcoin will be, thats why so many company wanted an etf of bitcoin, so more people would come and bitcoin price will be good for store money than gold. Etf and etn will changes cryptocurrency and i believe it will become good.
newbie
Activity: 4
Merit: 0
digital gold
newbie
Activity: 160
Merit: 0
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.

Will become?

What do you think it has already happened? Versus gold (one of the best stores fo value) its already more scarce, easily tradeable and easier to move. The next 10 years it will definitely surpass the total marketcap of gold too.
hero member
Activity: 756
Merit: 505
I see it as a long-term investment instrument to generate earnings. because the surge is too much. a wrong move can damage it. you need to be very careful and patient. Good analysis is required. If you do not want to take risks, it would be better to keep money in the long run
member
Activity: 252
Merit: 10
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 that Bitcoin is having a great possibilities to proceed with in near future, but we are humans that rule Bitcoins vehicle! We can both improve or destroy it as well as develope better.
copper member
Activity: 238
Merit: 1
Semi-Decentralized Exchange
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.
full member
Activity: 644
Merit: 100
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.

Yaaah. I am totally agree with you. Bitcoin can be a long term because of its market price. As of now, bitcoin gradually growing day by day and many people are interested to join in our community. As you can see, bitcoin price is a long term because a few months of its down fall it will rise again. As long as you stored your bitcoin it will increase.
jr. member
Activity: 74
Merit: 1
I think it will bitcoin will be going long term trusted store of value. Because the community of bitcoin was still growing ang maybe in the future bitcoin will be have the highest price of cryptocurrencies
newbie
Activity: 140
Merit: 0
Yes , I also believe that Bitcoin will become a long term trusted store of value, because if you have oppurtunity to have more gain in bitcoin you increase it to your accounts or in your wallet, so if we are lucky that bitcoin is continuing in the future to come ,then we have ready stored plenty of coins.
hero member
Activity: 1092
Merit: 501
Bitcoin has long been believed to have value and therefore bitcoin is becoming increasingly valuable. Bitcoin is an asset that by holding it in the long run will get a big profit.
Holding has been the best source of earning since long for all of us, so I think it is good to hold your bitcoin after you invest your money into it, before investing into it one should have bitcoin in wallet, it will rise in price, since long we can notice the price kept on rising so it means best way to get benefit on bitcoin is holding it not to sell too early.
member
Activity: 378
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Invest in bitcoin is really good , cause bitcoin could be a blockchain for enterprise and also can be use for transaction with a good speed and good fee. Invest in bitcoin means you invest in a new technology which could be use to help enterprise for blockchain uses. Bitcoin is famous and trustable so i believe good future for bitcoin. As investors it could be wise to invest in something new cause something new means a chance to get a lot of profit and i believe every one love to make a profit and invest in bitcoin could be a great chance that you would never regret.
newbie
Activity: 53
Merit: 0
In my opinion, no one can predict what will gonna happen in bitcoin. We can see the success of bitcoin, but sometimes, we cannot see the future or we cannot assure that it will not fail. For now, we can assure only on banks, theres a lot of insurance in bank. We can say, for our safety, we can depend on bank for now. Any thought?
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