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.
Topic: Will Bitcoin become a long-term trusted store of value? - page 9. (Read 3336 times)
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.
Bitcoin is a reliable and sustainable currency. In fact, Bitcoin has been around for nine years, and there is no danger of investing in bitcoins. In addition to Bitcoin, there are many another coin as safe as ETH
I think it is difficult to determine the purpose of Bitcoin price that should be in the future. Ideally, the value per Bitcoin would skyrocket to several thousand US Dollars, but it remains to be seen whether it will happen or not.
It depends on its adaptation. At the moment it seems all financial regulators are against it; however, it doesn't solve the fact that theoretically, it is more efficient than a lot of modern day processes.
Yeah it surely depends on its adoption but more people are thinking that bitcoin is a good store of value (digital assets) rather than use it for currency. More people are holding their bitcoin for the future and waiting for the best price as this is predicted that this will reach $500,000 per bitcoin.
Yes I think so, most of them say that bitcoin is as good as it long term value for a good profit but few did not make it because they're afraid that as bitcoin does go down to the dip their investment or money might lose also but to those who really believe in it kept it for along time.
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 yes , because the main reason is that people are getting in this field day by day and also they are ready to work in This Field by quite Thier job , so it is clearing that what the bitcoin is and how much the people have trust with the bitcoin , so here in my opinion it will go towards a big hight .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.
And also here we can see another factor that even few banking sectors banks are looking to implement the tech industry of blockchain to make the banking system more better , so here it clearly indicates that how much the technology of the bitcoin i.e blockchain is better than bank , so why not people will go towards the bitcoin like thing for long term .
And here I don't think that people will only use it for long term investment but also people will use it as a universal payment system in the whole world .
And also here we should remain positive to have bitcoin in our life as a better platform to make earnings .
In the future, it will grow in price, since virtual payments are becoming increasingly popular in the world. People trust a crypto a bit. The final stage will be when it will be possible in stores to buy things for crypto. Then the market will develop even more.
many people already consider bitcoin as a store of value and this trend will grow. don't forget that young people like bitcoin and believe in it so they invest in bitcoin and other cryptocurrencies.
I don't know about the term long term store of value, since the price can go up and down. But it's such an cool idea that you could put all your wealth into a usb key.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin
I don't know how you arrived at that value--seems to be pretty arbitrary. Also note the hundreds of other altcoins which can also function as a store of value. There's definitely not just bitcoin in the crypto world.There's a paradox (as I see it) involved with this question: in order for bitcoin to be a good store of value, it has to be stable. Or it has to have a value growth that at least tracks inflation--right now the price is extremely volatile, and there's no way in hell it qualifies as a store of value. The paradox is that if bitcoin ever achieved price stability, it would likely cause people to lose interest very quickly and would tank. I don't see the store of value moniker being an apt one for bitcoin anytime soon. It's an excellent speculative asset and it's kind of a currency, but that's about it.
An adequate forecast indicates that in 2018 the cost of Bitcoin can reach the region of $ 25 thousand. There should not be more sharp falls. Most analysts, investment funds and banks expect further growth.
Investors were divided into two camps: some believe that Bitcoin will end, while others believe that everything is just beginning. Each side has its own convincing facts and counterarguments. I think it will become more powerful
Bitcoin is by now the most popular in cryptocurrency world. Its store value is trusted by almost all invoved in it. Bitcoin right now is already a trusted value. Its being almost like what 15years or more. Of course Bitcoin can be trusted on a long term store value.
Never can know for sure, what will bitcoin became soon, so I am dissapointed in Bitcoin, as an investment source, because it can loose its value so rapidly...
Yes bitcoin is good for long term investment. To store the value or higher value than today's bitcoin value. I do believed that bitcoin is not for short term investment but it is for long term investment. The more you earn bitcoin the more chance of having good earnings when time comes.
Yes as we see on it bitcoin grows every year. It will be a long term investment and it will surely help many people. Bitcoin can be both short and long term depends on the wants of investor. Way back then year 2009, the bitcoin price was too far from it now, even investors before didnt think that bitcoin can reach it. Thats one proof that bitcoin can be a long term investment. 
Some "professionals" still believe that in most cases bitcoin is used only by marginals and criminals. The likelihood that the crypto currency will turn around on a par with fiat money is small. As for me, I think this will happen!
I think this is the controversial side of thinking. Many people are against the use of Bitcoin and that is why the technology has been banned in so many countries because it is the influence of the rich elites and not the politicians that do the things. One should also look at all those companies and firms that have been trading and accepting Bitcoin as medium of exchange. About the price appreciation, I think Bitcoin will be a good store of value in future when it has crossed $30000.
Bitcoin is the first crypto currency started in the year 2009.It is an electronic asset or we can say that a long term trusted store of value.It has the specific characteristics that a decentralized one so not any government or central bank control over it.maintains the anonymity and all its transactions are recorded in an electronic ledger with the block chain technology. bBitcoins net work systems are very strong and the block chain technology ensures its security and clarity.Bitcoin is a new form of economical concepts so more people are attracted to it world wide so it can become a long term trusted store of value.
Bitcoin is based on blockchain technology. This is a good technology for us to develop in the future. So I believe in bitcoin. I am a newcomer to this market but I think I will be more profitable by the end of the year.
Some "professionals" still believe that in most cases bitcoin is used only by marginals and criminals. The likelihood that the crypto currency will turn around on a par with fiat money is small. As for me, I think this will happen!
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