Topic: Will Bitcoin become a long-term trusted store of value? - page 8. (Read 3336 times)
With the exponentially increasing price and decreasing trade in the overall rate of volatility, bitcoin is said to reach a market capitalization of 1 trillion dollars within the next decade, at this point of value it will not only be able to be a trusted store of value but much more than that.
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.
I believe bitcoin is trusted store of value. My opinion, with limited supply and as biggest market cap in cryptomarket, bitcoin is good long term investment. Many peoples call bitcoin as gold in digital world and i think its true because bitcoin price always growing every years.
With this level of volatility I don't think the list will happen in the near future, maybe one day, after years. But for now I would not put all of my savings into bitcoin and hope that after 10 years it would be still valuable.
In the future, Bitcoin will become a long term trusted store of value and much more. It can also head towards being a mainstream currency in the coming years.
Bitcoin, with its market capital of $130 billion has been widely accepted in the financial market and is no longer under a financial bubble. The coin has made transactions throughout the world much easier and made them highly secure with its blockchain. The coin has the potential to cross the $12,000 mark by the end of 2018 and is a very less risky investment in comparison to other coins.
Bitcoin, with its market capital of $130 billion has been widely accepted in the financial market and is no longer under a financial bubble. The coin has made transactions throughout the world much easier and made them highly secure with its blockchain. The coin has the potential to cross the $12,000 mark by the end of 2018 and is a very less risky investment in comparison to other coins.
I think as long as there is crypto currency and an investor who believe , bitcoin will never vanished. Bitcoin is the core of all coin here in crypto currency making it as the most important coin here in crypto currency , and also bitcoin gain so much attention and reputation around the world so it will also gain a lot of investor and for a coin or specifically bitcoin to be alive it need investor which bitcoin , for me will never lose.
It is good to buy and hold bitcoin for a long time but I can not say bitcoin is a long term trusted store of value. Bitcoin demands increases as a result of events and news, It is based on speculation, no one knows the price of bitcoin in the next one year.
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.
10%? Thats a very small chance you are giving cry[tp. I speculate that bitcoin has much more chance of becoming a successful to store of value than that. Just look at the volatility we are experiencing today. All the trading volume of bitcoin and cryptocurrencies is a good indicator which shows us the potential of the crypto industry to succeed.
When mass adoption grows to the point where everyone uses crypto, it will negate the need for banking institutions and middlemen. We will be living in a different world with crypto soon.
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.
People are already using bitcoin as a store of value and yet those prices have not been reached, personally I think it is the other way around if bitcoin wants to reach great prices then it needs to become really useful as a currency, after all why would people invest in it as a store of value if they cannot do anything with? Bitcoin needs to become functional and for that we need to solve the scalability issues of bitcoin. 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 of course bitcoin can be a coin that has a very good potential and is suitable to be a long-term project that can provide a lot of profits so better have as much bitcoin as you can while prices are still cheap like this buy a lot.
Trust is the most important aspect that it will determine the potentiality of being along terms store of value meaning a valuable asset. If bitcoin continue to become more stronger, in terms of technology and security there is no doubt it will become long-term valuable asset. 
yes of course bitcoin can be a coin that has a very good potential and is suitable to be a long-term project that can provide a lot of profits so better have as much bitcoin as you can while prices are still cheap like this buy a lot.
I think that bitkoyn should be present in your investment portfolio. But do not invest all your money in one tool. No investment project gives a 100% guarantee of success, any investment represents a risk. Therefore, you should consider the Bitcoin share in your portfolio, so that it is balanced.
I agree, in making investments we really should learn how to handle our investments to be able to gain more profit and not all our capitals will be on bitcoin only, we need to try alts with good potentials.
For a short term opinion I don’t think it will be a trusted store of value in the coming months. For bitcoin to be trusted the investors need safety and guarantees, so in my opinion for bitcoin to be a trusted store it needs to be legalized and accepted by countries which will encourage more investors and eventually make bitcoin a safe store to invest.
I don't think that is necessary because even though bitcoin is not yet legalized to a lot of countries, there is already a lot of stores all over the world that accepted bitcoin as a mode of payment or an option to make payments for their items or services. A lot of people are already trusting bitcoin because of its blockchain and also because of its potential return of profits.
i doubt if it can be a short term store of value, but i think it can be a suitable long term store of value
For a short term opinion I don’t think it will be a trusted store of value in the coming months. For bitcoin to be trusted the investors need safety and guarantees, so in my opinion for bitcoin to be a trusted store it needs to be legalized and accepted by countries which will encourage more investors and eventually make bitcoin a safe store to invest.
The bitcoin is getting to the point of highly trusted crypto currency since more and more people get interested in that. This process also positively affects the economy of countries
yes of course bitcoin can be the best choice for long term investment because bitcoin only has a very limited total supply and can be expensive in the future. so since the bitcoin price is very cheap then buy as much bitcoin as you can.
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 can be classified as commodity equal to gold and asset and currency and store of value or information it has various name but as per bitcoin demand the value of bitcoin keeps increases day by day
I think that bitkoyn should be present in your investment portfolio. But do not invest all your money in one tool. No investment project gives a 100% guarantee of success, any investment represents a risk. Therefore, you should consider the Bitcoin share in your portfolio, so that it is balanced.
I agree, in making investments we really should learn how to handle our investments to be able to gain more profit and not all our capitals will be on bitcoin only, we need to try alts with good potentials.
In the future, Bitcoin will become a long term trusted store of value and much more. It can also head towards being a mainstream currency in the coming years.
Bitcoin, with its market capital of $130 billion has been widely accepted in the financial market and is no longer under a financial bubble. The coin has made transactions throughout the world much easier and made them highly secure with its blockchain. The coin has the potential to cross the $12,000 mark by the end of 2018 and is a very less risky investment in comparison to other coins.
Bitcoin, with its market capital of $130 billion has been widely accepted in the financial market and is no longer under a financial bubble. The coin has made transactions throughout the world much easier and made them highly secure with its blockchain. The coin has the potential to cross the $12,000 mark by the end of 2018 and is a very less risky investment in comparison to other coins.
I think as long as there is crypto currency and an investor who believe , bitcoin will never vanished. Bitcoin is the core of all coin here in crypto currency making it as the most important coin here in crypto currency , and also bitcoin gain so much attention and reputation around the world so it will also gain a lot of investor and for a coin or specifically bitcoin to be alive it need investor which bitcoin , for me will never lose.
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