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Topic: Will Btc be considered as an everlasting investment platforms - page 2. (Read 241 times)

legendary
Activity: 1456
Merit: 1108
Top-tier crypto casino and sportsbook
•Is btc here to stay ?
It is here to stay sure, but there's no telling if there will another innovation that becomes superior to it.

•Is bitcoin going to be an everlasting investment platforms ?
Btc as investment was never the original intention of Satoshi, we merely have observed it's high volatility and are taking advantage of it. It will not remain so forever, a time will come when btc will assume it's original purpose which is to facilitate transactions and eliminate government influence.

•Assurance and guarantee of the bitcoin ?
No assurance and guarantee, just believe backed by knowledge.

•Bitcoin will replace the physical note tendency ?
Maybe not immediately or completely, but btc will definitely someday gain mass acceptance and many people will most likely prefer it's usage to physical notes.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
As we hear all around of the closure/breakdown of different crypto companies and app.

It's not related with Bitcoin though when company failed in their business or developer made buggy app.

•Assurance and guarantee of the bitcoin ?

If you mean insurance company which perform payout when your Bitcoin is stolen, there aren't any unless you use 3rd party to store "your" Bitcoin.

•Bitcoin will replace the physical note tendency ?

No. Each of them have different usage case.
legendary
Activity: 2730
Merit: 7065
•Is btc here to stay ?
I think that Bitcoin has already proven its strengths in the decade it's been with us. It has survived price crashes of 80% and more. It's been banned in some parts of the world, regulated in others, and even used as legal tender. Nothing that has happened to it has stopped it from reaching new highs.

•Is bitcoin going to be an everlasting investment platforms ?
It has never been an investment platform. It's a trustless, decentralized, and censorship-resistant digital currency that achieves transaction finality in one hour on average.

•Assurance and guarantee of the bitcoin ?
If you are asking if the network has regulators in the traditional sense of the word, no it doesn't. As long as people are willing to invest money in expensive mining equipment, maintain full-nodes, and use Bitcoin as a P2P payment option, it will be here. Feels weird talking about what the future will bring when there is a sick a derailed man sitting in an underground bunker somewhere asking himself how long it would take for his nuclear weapons to reach London, Paris, or Berlin.

•Bitcoin will replace the physical note tendency ?
No, that won't happen. That doesn't prevent you from getting paid or paying for goods and services in Bitcoin. If something has value, there will be a market for it. Pencils, water, and deodorants are also not government-controlled and issued currencies, but you can accept them in a trade, and chances are, someone somewhere would be willing to pay you that way.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
We can safely assume that bitcoin is here to say. But we don't know if it's going to be there for a lifetime since it's still said and considered to be in its early stage.
But just look how massive the growth of this asset that we've been part of. And to think that it's going to replace fiat, we can stop thinking about it because it won't happen as fiat and bitcoin will stay together.
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
•Is btc here to stay ?
•Is bitcoin going to be an everlasting investment platforms ?
•Assurance and guarantee of the bitcoin ?
•Bitcoin will replace the physical note tendency ?
Bitcon will stay its the decentralized and only one in the blockchain patronizing a 100% decentralization. So safe to assume it is, an everlasting already. However in the future some genius will probably invent others which people might be interested and leave bitcoin but this is only a speculation, we can never know what will happened. If btc still in demand or not we can just wait for it to happened but surely btc will stays.
legendary
Activity: 3178
Merit: 1054
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•Assurance and guarantee of the bitcoin ?
There's no assurance and guarantee on Bitcoin, if you want assurance and guarantee, stick with centralized fiat where the value keep losing every year. The interest rate 2% APY they offer wouldn't cover up the inflation and bank charges.

the assurance of BTC is that its will always be decentralized and guaranteed no one could take it from you.

BTC is here to stay as long as there is buying and selling of it, it will be an everlasting investment platform. because everything in finance will soon be digital including the fiat, we're all going to be using digital currencies including BTC.
hero member
Activity: 1064
Merit: 843
•Is btc here to stay ?
No one know, Bitcoin could crash and hit the bottom e.g. on 2018 Bitcoin's price was $3000.

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•Is bitcoin going to be an everlasting investment platforms ?
Bitcoin isn't created for investment, it's a currency where you can use to buy anything if the merchants accept Bitcoin as payment. If you're from El Salvador, Central African Republic or Panama, many businesses already accept Bitcoin as payment alternative

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•Assurance and guarantee of the bitcoin ?
There's no assurance and guarantee on Bitcoin, if you want assurance and guarantee, stick with centralized fiat where the value keep losing every year. The interest rate 2% APY they offer wouldn't cover up the inflation and bank charges.

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•Bitcoin will replace the physical note tendency ?
Nope, Bitcoin isn't created to replace fiat money. It's just for alternative payment if someone prefer to spend Bitcoin instead of fiat.

Important note: If you read some exchanges said your funds is safe because of so called SAFU e.g. Binance, it's a bullshit. Leaving your coins on exchanges is the most unsecured way to hold your coins.
legendary
Activity: 3472
Merit: 10611
I've said this before but one of the worst things that has plagued bitcoin has been people who "invest" in bitcoin. This became worse in the past 2 years when we got a lot of gamblers coming from the corrupt markets starting to make bets on bitcoin price. This is why we see bitcoin price drop whenever the shitty US stock market dumps instead of it shooting up to the moon like it has been in the past decade.

In simple terms, bitcoin is not an investment. It is a currency and that's what makes it be "everlasting".
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
I'm definitely not going to say lifetime because who knows what some crazy person can invent in the far future, but I'm going to safely assume that BTC will last multiple lifetimes.

•Bitcoin will replace the physical note tendency ?
More likely that Bitcoin will run parallel to the current financial system than replace it. As for physical notes, isn't physical notes being slowly but surely phased out worldwide already? And as far as I know some countries are already fully cashless.
legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o
•Is btc here to stay ?
There were more risk of death than survival for Bitcoin years ago, in 2009, 2013 or 2017 but now, the risk is smaller. When time goes on, the Lindy effect will become bigger and nowadays, there are more probability that Bitcoin will be here to stay and will not die.
  • Please read The bullish case for Bitcoin from Vijay Boyapati
  • It is one of the most comprehensive introductory article on Bitcoin, for newbies and they should spend their time to read it.

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•Is bitcoin going to be an everlasting investment platforms ?
It is not a platform for investment. Bitcoin is for everyone, for many use cases. Investment is only one of Bitcoin use cases.

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•Assurance and guarantee of the bitcoin ?
Its design (Peer-to-peer) and its healthy decentralized network are enough for its network and Bitcoin transactions. It is much safer than any centralized assurance or guarantee!

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•Bitcoin will replace the physical note tendency ?
No. It won't replace or take over anything. All kinds of currency will co-exist globally, exclusively Bitcoin.
member
Activity: 70
Merit: 17
Due to the undetermined flunctuations of the bitcoins ,tho many expert have studied and are very good in the btc markets.
My curiousity to know if bitcoin will be an everlasting investment platforms is craving for more answers ,
As we hear all around of the closure/breakdown of different crypto companies and app. My furious questions will be as follows.
•Is btc here to stay ?
•Is bitcoin going to be an everlasting investment platforms ?
•Assurance and guarantee of the bitcoin ?
•Bitcoin will replace the physical note tendency ?
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