Will Bitcoin become a long-term trusted store of value? - page 7.

deppil

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Quote from: MedicineVNT on July 09, 2018, 10:18:12 PM

Bitcoin before is still a reliable store they are, which makes investors like to invest in them as well as they have things that make you feel secure when investing because it is the digital currency for them. we

I think people who think bitcoin is not safe to save money due to fluctuation factor. yeah I understand that.
but bitcoin continues to grow where if you keep your money in bitcoin for the long term. exactly you will get is benefit not a loss

Cryptoville247

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Bitcoin will is already been used in this regards by some persons as a store of value. That is why they have the strong faith of actually buying and holding the coins and not trading it. Even in the future, there is a very great chance of it continuing this way to be used as a store of value.

winterland

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Quote from: senin on June 22, 2018, 11:40:22 PM

Now bitcoin can also be called a relatively reliable repository of value. However, if the price of bitcoin increases, the risk of investing in bitcoin will increase, and together with this the reliability of money storage in bitcoin will decrease. At large price values of bitcoin due to the emergence of negative information and the manifestation of high volatility simultaneously, the probability of panic among investors will increase, which can lead to a drastic decrease in the bitcoin rate down to zero, while the value storage in bitcoin will simply disappear like smoke.

Bitcoin is a better store of value than all fiat currencies, some will point to the fact that bitcoin has a big volatility and that is true but if you invested at the beginning of 2017 you are still up 600% in which other investment you can have those kind of numbers? In the same time period fiat according to the government lost 4.5% but in reality it is more like a 15% loss.

Sled

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Bitcoin- in bullish time

Quote from: darkangel020716 on July 14, 2018, 05:47:55 PM

i think it will, because of its potential in giving some profits and gains to the users of it, it is also depends on how people will use it in the market and how will they sell it or hold it, it is a matter of deciding in the part of many user, Bitcoin is based on the community.

I agree that bitcoin is based on community because the community is the reason why bitcoin is still alive and kicking and the community is the reason why bitcoin is getting popular because they are all promoting it to their friends, family, co-worker, and so on and so forth. So in short, community is like the heart of bitcoin which give life to it.

darkangel020716

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i think it will, because of its potential in giving some profits and gains to the users of it, it is also depends on how people will use it in the market and how will they sell it or hold it, it is a matter of deciding in the part of many user, Bitcoin is based on the community.

denisaardelean

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Quote from: amirshaf on March 01, 2018, 05:47:02 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 that with the long-term development of the crypto market I believe that bitcoin will be able to become a reliable intermediary in the market, you can see that the current bitcoin knit the symbol of the crypto market. , which is the biggest value and affects the whole market. With the development of the crypto market, bitcoin will become increasingly popular in the world.

redsap

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Harmony for One and All

Well i guess bitcoin will become something like that. Many people are intrested to making bitcoin as an investment for a long term stored value. And maybe it can become a legaly some stored valuable like a gold or silver

BountyGram

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Bitcoin is in log term as of now because of the trust given by people and the users who have knowledge in maintaining is value and also bitcoin will be i long trusted digital currency because of its influence to the crypto currency world.

paynercash

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Quote from: JohnWick_Bitcoin on July 14, 2018, 02:33:15 PM

Quote from: amirshaf on March 01, 2018, 05:47:02 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.

It depends on the people if they will still be interested on cryptocurrency because bitcoins will be more profitable as the time goes by so that is the reason why we should invest today while it has cheaper price in the market.

People invest in Bitcoin and cryptocurrency because they see its huge potential in the future because its advantages over traditional types are huge. Determine long-term investment in this market so that you do not have to worry too much about the volatility of the market.

pabpete

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For me it will but we need to wait till whole amount of it will be mined cause only than price will be able to become more stable, thanks to that it will become "thing" that could store value of some things.

Unlitinated

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No! Nothing can be stable forever! And give you profit! It forthcoming perspective it will be store and generator of value but risky one. What is profitable - is risky. If to say that something can be constantly safe store of value then the profit will be close to zero. Do you want such a store?

JohnWick_Bitcoin

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Quote from: amirshaf on March 01, 2018, 05:47:02 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.

It depends on the people if they will still be interested on cryptocurrency because bitcoins will be more profitable as the time goes by so that is the reason why we should invest today while it has cheaper price in the market.

rudito

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Quote from: amirshaf on March 01, 2018, 05:47:02 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.

Bitcoin has proven its resilience to date, and it proves that bitcoin will be viable in the long run, and bitcoin will still have value because of the great confidence in bitcoin.

soy39

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Quote from: dinoloverpete on March 01, 2018, 06:01:38 PM

Quote from: amirshaf on March 01, 2018, 05:47:02 PM

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.

Where do you get this figure from?

Bitcoin has the basic characteristics of a store of value, the main one being a limited supply. It will need to have some utility for it to be trusted as a store of value so it must succeed in some form as a currency.

It could be a store of value if it wasn't subject to futures contracts and that's capacity to make money betting against bitcoin without even buying.

Why does it need to have utility apart from its capacity to move wealth easily avoiding bank charges. If by utility it needs to be easy to buy a cup of coffee with it I disagree. Although it's egalitarian in nature, avoiding brokers, it isn't simple and it relies on faith. Faith that their money won't just go poof or that its value won't drop like a blimp with a hole where the naysayers are sucking out value making money betting against.

Rustamm

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Bitcoin lover!

In the world of crypto currency, everything is very volatile. If today bitcoin is a reliable store of value, then after a while the situation may change. I think the situation will become more complicated if bitcoin greatly increases in its value. Then bitcoin will represent a high level of risk when investing because of the possibility of panic. In addition, the crypto currency is constantly evolving, there are more sophisticated types and investors can switch to new coins.

phillippw6

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I would say that the smartest source of investment related to bitcoin would be any other cryptocurrency, For a long-term increase in value volatility is not a factor to judge auto and the continuous increase value has not ended the coming decades so yes it is the best investment for a long-term high return,

Nyenyepogi

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Quote from: amirshaf on March 01, 2018, 05:47:02 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.

Cause bitcoin are you live in this era, and the second is that you can do on your savings. Cause bitcoin can be used to the future, but we have to invest in recent months ago by using this era of cryptocurrency is not sure what you can use to theirs. I believe that bitcoin and technology.

MedicineVNT

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Bitcoin before is still a reliable store they are, which makes investors like to invest in them as well as they have things that make you feel secure when investing because it is the digital currency for them. we

darkphoenix2610

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Quote from: senin on June 22, 2018, 11:40:22 PM

Now bitcoin can also be called a relatively reliable repository of value. However, if the price of bitcoin increases, the risk of investing in bitcoin will increase, and together with this the reliability of money storage in bitcoin will decrease. At large price values of bitcoin due to the emergence of negative information and the manifestation of high volatility simultaneously, the probability of panic among investors will increase, which can lead to a drastic decrease in the bitcoin rate down to zero, while the value storage in bitcoin will simply disappear like smoke.

The domino effect in the bitcoin price and all bitcoin related cases are always been there since the beginning of it, If the bitcoin price increase so as the risk in investing on it, always keep in mind that bitcoin is so volatile, it can change in a short period of time,the value of it is not stable and it always projects it price in lowest state, But eventually it will rice up again.

drachman

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Quote from: jamesclark on July 06, 2018, 02:42:09 AM

Quote from: Rahman11 on March 05, 2018, 02:29:29 AM

I think yes! bitcoin is most proven coin in cryptocurrency world! bitcoin always deserve long-term trusted store of value! I suggest you for keep faith over bitcoin for best investment.

I want to be a guy like you, to have this strong faith. But it is really hard to keep it while you're saying the overall fall and all the government's against us.

You do not have any other option if you want to be in this market, you are not going to make money if your only aim is to make money, it is odd but this is the way all business start, at the beginning no one will believe a business is going to be successful except the creator and a few ones that believe in it, and the rest of the people are only going to believe it until they see the success with their own eyes but by then it is too late to make money.

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