Bitcoin Forum

• What do you want to say?
• What do you want to do?
• What do you want to achieve with Bitcoin?

I invite friends to convey a sentence to convince themselves that Bitcoin is the best investment of all time.

HODL

Don't give up. We'll be there.

I also hate it when people start talking about some altcoin failure and switch to bitcoin, like it's one and the same thing.
It usually goes like this: the founder of x cryptocurrency is nowhere to be found after a million USD disappeared from the ecosystem. Meanwhile bitcoin, the largest crypto is down 1% following the news about the scam. That's why I never talk to random people about bitcoin because I would have to explain that the crypto scam that was in the news a month ago is not the one that I'm buying.

Hold bitcoin and don't do it on centralized exchanges. Remember that in March 2020 the price was 4k USD!

It's obvious that bitcoin is not dead, we are just in the bear market, so the price will go down and we will be hit no matter what. And there will always be some factors that will affect us, i.e Covid in 2020 pulling down the price to $3k, and we have exchanges like FTX collapsing and then the Terra effect as well.

But despite that, we are still standing, and bitcoin is too big too fall. We just have to be mentally tough but everyone should pass the acid test.

These narrative always comes out when we are experiencing a downturn in price but surely Bitcoin will comeback stronger than before and it will survive. Can't say we already bottomed there are just too much FUD coming in on the space are right now and the retail just don't want to ignore it, the institution are just playing.

Everybody I have it on target of investing in Bitcoin so I believe now to do to currency investments I have a time for her at all and also have a target of the investor marketing or target, should be something that believe work it has it own target. No investor that does not have a specific target in any year in cryptocurrency and especially Bitcoin

Something that people need to understand, that bitcoin is different from other coins, this kind of narrative does not only appear when bitcoin is experiencing a severe correction, but continues to grow all the time.

But for people who have been here for a long time, it's not difficult to distinguish, stop listening to narratives like that, stay focused on the investment targets we want. Because there are so many other things we need to consider, rather than following an unfounded narrative scheme, bitcoin will continue to grow and we will continue to be left behind when it is not properly leveraged.

Not necessarily. I could easily think of two that can beat bitcoin as an investment.

1. In a business or a gig, to give you a constant stream of income
2. Yourself. I'd say the knowledge I've gained in the bitcoin/crypto/investing/finance space is far more valuable than my financial gains from bitcoin/crypto

Your invitation will not be bad for those who will hear and read it. But for the three questions above, I think everyone expects Bitcoin to continue to improve in terms of value in the market before the new year, because the profit after buying cheap is something that many people really hope for and it will also make everyone survive longer on Bitcoin. Now what about yourself? Do you also expect better things in Bitcoin ?

I appreciate your invitation to say something about Bitcoin and the sentence I want to say is not one, but many.
Bitcoin is king.
Bitcoin is a solution that has made the "criminals" no longer able to commit financial crimes.

Bitcoin is hated by corruptors.
Bitcoin is not like crypto that can cheat.

I think it was in 2017 when I first said that there will come a day where you see people who see the failure of tens of thousands of altcoins and extend that to bitcoin and make a conclusion based on that. We are seeing it these days very clearly that people keep insisting on using the term "crypto" and talk about the whole market including bitcoin in the shitcoin show.

I hope in the near future as people see more altcoins failures, more people start understanding the difference and stay away from altcoins.

Bitcoin is the king and the only differentiator in the crypto market. All shitcoins are replaceable, and die over time but those don't exist with bitcoin.


No, bitcoin can't stop those criminals.

Not really, one of the government's concerns about bitcoin is also for this reason, they fear bitcoin is used for corruption because it is quite difficult to track bitcoin than fiat money due to its decentralization.



Yes, people are confused when calling crypto a scam and they inadvertently include bitcoin in their statement, that is a serious misunderstanding.

In short, bitcoin is a currency, an investment, a bank of your own. It cannot be a solution to combat social evils as you mentioned, social evils are caused by human behavior, stemming from greed and currently there is no effective solution to prevent it.

About the second one. I think criminals are now more encouraged to do crimes because of btc, not only because it's a valuable asset but because of its nature which is hard to trace. It gives its user anonymity. Like they said, once a criminal, always be a criminal. It is hard for them to change but for those who are not a criminal yet and planning to do so, I suggest they don't continue it because it is risky.

We are now in the era where it's possible to survive even in the hard times because there are now new technologies which are invented and one of it is the cryptos and bitcoin. They can invest on it or find careers related to it. Doing crimes isn't always the first and the best choice to survive financially.

I also hate people who say that Bitcoin is the same as Altcoin, but people who don't know what Bitcoin is think they are the same, especially investors who are only looking for profits to fulfill their greed and don't care what Satoshi meant why Bitcoin was created.

Yes, you could say that user anonymity can be an opportunity for corruptors, but can't the state form a special body to oversee the wallets of every government apparatus and institution so that they can monitor the flow of funds in that country? such as the implementation of development programs, social assistance, or others, and the implementation of reporting so that it can be seen the synchronization of the use of the budget to avoid corruption.
I think the fear is also shared by bankers as financial authorities because they cannot go around monopolizing finance if Bitcoin is used as currency.

Those that have benefited with their gains through bitcoin, we have our own bias and we're proud to say that bitcoin is the best investment of all time.

It will always be attached to someone who has a huge allocation on this asset. But on the other hand, a gold investor will say that it's the best investment of all time because he's been invested on it, most of his money and as well as his time.

Another fear they have, which may even be their biggest fear, is that because they keep printing more fiat and it loses its value, more people could start seeing bitcoin which has limited supply as the only way out of this inflationary economy.
These days they fear it the most because they are printing the most amount of fiat...

Strange idea and construction of the sentence, because why would I convince myself of something I already know, and thereby influence other people who read this even more so that they might do something they are not completely sure about? I give advice only to those who ask me, and even then I emphasize that Bitcoin is not only extremely volatile, but also very demanding and sensitive from a security point of view. For all other cryptocurrencies, I emphasize an even greater risk, because most of them have no sense and no practical application.

Here is my sentence :

It doesn't matter what people like CZ, Saylor, Musk or Buffett say about Bitcoin, it's important that you understand it and use it as much as possible in the way Satoshi envisioned.

Bitcoin will not die because this is the only coin that will stand tall as a future asset without anyone being able to kill it, especially altcoins that are different from Bitcoin.

Bitcoin will continue to be on the market forever as long as we still believe in long-term bitcoin investment, even though there are still many cons against the government that rejects bitcoin, I think that adoption will happen soon in the future.

What you want to achieve with bitcoin - make as many investments as possible because I believe this asset is more valuable than gold or anything else so hoarding more bitcoin is my dream, so I'm still a HODLer.

I completely agree with this. Whenever I have conversation with people who are rather unfamiliar with crypto coins, they mostly talk about how much random altcoins (like Ravencoin, what?) losing value and crypto is doing. But we experienced people, know that Bitcoin is pioneer of this market. Bitcoin will always dominate. We should better keep believing in Bitcoin. It will never die, it will recover because of halving. Its demand will never end. Its amazing financial experiment.

How can Bitcoin realistically distance itself from crypto? Should Bitcoiners join those who criticize crypto or should they be saying "Bitcoin is a good crypto". Or should Bitcoiners say that Bitcoin is not crypto?

Or maybe it all means that they hype around so-called blockchain technology and decentralization just inflated Bitcoin's value, and now the bubble has popped and Bitcoin returned to a more realistic levels?

I hate when people lost their investments when they invest in shitcoins and then completely blame on Bitcoins. I mean they don’t care before investing a huge capital, but as soon as they lose the money, they just starts complaining. Bitcoins won’t disappoint it’s investors. I am not saying this, Bitcoins itself proving this. See the marketcap of Bitcoins. This is enough to prove what Bitcoins are capable of. Moreover due to the fixed amount of supply of the coin, definitely the price will go up in future. So yes, don’t panic and chill a bit.

Well that is really a different story. People tend to use the word cryptos separated from Bitcoin because altcoins are from projects mostly. And I think there's nothing wrong with that. They are having different  attitude across cryptocurrencies. If people are used of investing not only in Bitcoin,then that's just fine. We are different individuals and we have different perspectives when it comes on this technology. Also, golden rule is to diversify your investment than to just settle with it and wait for money to come into your wallet
 Let us accept it; profit from altcoins or other cryptocurrencies are bigger than what an investor may get from Bitcoin.

Firstly, we are making some mistakes in the cryptocurrency space. It is "cryptocurrency" not "crypto". Crypto means secret while cryptocurrency means a digital currency.
Having said that, Bitcoin can not be separated from other cryptocurrencies because it's the foundation of all cryptocurrencies and what we need to make people understand is that Bitcoin is not like altcoin. However, the major people we have are the influencers that hype shitcoin which led to the loss of some investors.

Holding on tight to the ship in the ocean buffeted by high waves, our fate is in our own hands. If we continue to listen to what other people are saying it will manipulate ourselves. Bitcoin is the asset that will carry us through that tidal wave. We've come this far, it's a shame when we have to reverse direction because of being influenced by people who maybe they themselves don't know about the basic concept of what bitcoin is.
Those who create FUD will always be around, and can never disappear from the bitcoin space. It's better for us to show the firmness of our beliefs with bitcoin, and answer the FUD that spreads with the real evidence that bitcoin shows.

If we should start listening what we have achieved in Bitcoin I believe that many people I have achieve many things who should they will be not able to stretch it out based on people or security purpose so I believe that our testimony in Bitcoin is bigger than the testimony of whoever that is seen as a business or Manuel business outside the world

Bitcoins are crypto. We cannot say that Bitcoin is not crypto. No other designation is more effective for Bitcoin than crypto.

Bitcoin is the right investment place for the long term.

Invest as much as you can. Do not force yourself to invest an amount that you cannot afford to lose.

Long-term investment is the best step in investing in Bitcoin, because Bitcoin's growth is so fast, it can also cause a sudden decline. So, if you wait long term, of course Bitcoin will surprise you with a price beyond your instincts.

What Bitcoin has accomplished is what everyone should see and read with great care. Because it is about historical evidence that has been created in Bitcoin so that everyone only hears to conclude that Bitcoin is the best asset that has existed and will continue to exist forever. And I also have no doubts about the security and transaction speed issues that exist in Bitcoin on several supported networks.

Is that true? I don't think these two words are different, crypto is a cryptocurrency, there is no secret here, and both have the same meaning, is a digital currency.
Bitcoin is cryptocurrency, it is digital money and it is part of the market, but it is more special and different from the rest of the market. In investment, we should prioritize investing in bitcoin because this is the largest coin on the market and safer than the rest.
We are here to make a profit, and both bitcoin and altcoins fulfill that requirement, so we can invest anywhere as long as we feel it is right for us.
https://cointelegraph.com/blockchain-for-beginners/what-is-a-cryptocurrency-a-beginners-guide-to-digital-money#:~:text=Cryptocurrency%20(also%20known%20as%20crypto,of%20a%20particular%20digital%20currency.

Once 10K bitcoins = 2 Pizzas

Now 10K bitcoins = 168 Million dollars

We need more convincing story than this?

I don't know how many cycles are in need to convince the haters to change their decisions but since you're here I hope you realised so accumulate as much as you can when its possible.

the point of this thread is to HODL the bitcoin and I would say this is a good choice since bitcoin itself has already proven from time to time.


and yes this also true that bitcoin is crypto itself and because of bitcoin we can see many great projects in this era that involve crypto technology

The thing that annoys me is when people around me say that Bitcoin is the same as any other coin or altcoin so I have to explain exactly what Bitcoin is and how it is different from altcoins, it is tiring but I really enjoy it with what I do.

Of course, I will not give up, seeing the history of cycles like this has become my friend.
Not a few take advantage of Bearish to do FUD and say Bitcoin will die, Bitcoin will die, this is bitcoin's last breath and its value will be Zero. I don't think Bitcoin will ever reach Zero given that part of Bitcoin's circulation is locked in users' wallets, maybe the holder died, forgot the wallet password, or lost it. This makes me pretty sure Bitcoin will never go ZERO,  and I want to smile watching the FUD folks buy bitcoin when we reach the moon.

There's no need for an argument mate on something that the answer or solution is glaring. From you believe crypto is a cryptocurrency, right? Please let's check what Google has to say about what "Crypto" means

Technically, when you say the word "Crypto" without adding the "Currency" you're talking about "Secret". I know people use "Crypto" as slang or to shorten the word "Cryptocurrency" but it has a different meaning.

I agree with everything you said except the statement I highlighted because people shouldn't invest anywhere that feels right for them and what they should invest in must be anywhere that feels right for the next bullish market.

I like the word HODL because that's what we have to do with bitcoin.
And even though many people can't still hold their bitcoins, we don't need to be like them because we also have our own goals.
And if we can endure it for some time, we will see how powerful bitcoin will be, which will shock all those who still don't believe in bitcoin.
It is only a matter of time before bitcoin is on the rise again and this time, it will pass its last ATH and book a new ATH.

I found one post earlier from a higher rank that it should not be called an "investment" anymore. I don't know what's the reason, but I do agree with it.
Sorry I cannot find his/her post anymore. (I am used to just browsing this forum and reading.)
The thing about it is, I am a supporter of Bitcoin no matter what happens. If it goes down, then it becomes an opportunity, if it goes up, then thank God the demand is higher again.
It became a hobby to just buy it whenever I can at a reasonable price. Is it still an investment? For me it became a natural reaction to buy it when most buyers are in doubt.

Some people still not understand the two and some know only bitcoin and don't know cryptocurrency. They only know the name of bitcoin and have not hear anything called cryptocurrency or altcoins. I think bitcoin covers the name of cryptocurrency a lot with the way the domination of the market by bitcoin. The volume of bitcoin is taking more than 50% of the market volume and same to dominance this is the reason every where is bitcoin in the lips of investors.

More precisely, it is because Bitcoin is the first digital currency that is known by many people and is already more well-known in every community. So it is natural that Bitcoin has a larger volume in the market and is able to dominate the market and also be able to be number one in the ranking of cryptocurrencies. Actually it is not difficult for them to understand what cryptocurrency is because there are so many explanations about it circulating on the internet and you can also directly ask people who already know it first.

Many people are often confused by Bitcoin and Cryptocurrencies, they think that cryptocurrencies are only Bitcoin even though as we know that there are currently more than 20K Altcoins, it's only natural because they are not investing in Bitcoin, if they try investing it will understand things like this.

Right, if we keep waiting then we will never buy, it's better to buy immediately and if the price turns out to drop, then don't sell but buy more, as we know that Bitcoin has a power for rising so that when the market is dropping the best thing is to continue buying, And don't ever wait and hope the price can be cheap in the future.

You said you agreed not to call bitcoin an investment anymore, but what you then tell you are investing, your statement is contradictory. If you no longer consider it an investment, why wait for it to drop in price instead of buying it anytime and why look at its price? I don't believe anyone here says they buy bitcoin out of a natural reaction or out of a hobby whose end goal is not profit. If bitcoin stabilizes, how many people will stay in the market and will you stay?

the problem is that newbie nowadays first trust Altcoins(as those are being use to lure them inside crypto) and then eventually if they did not get what they want or they fail in shitcoins then turning into Bitcoin and demand so much increase to win back their losses in shitcoins.

Bitcoin  represent crypto ,  altcoin will be nothing without bitcoin.

who said that we need to wait? we need to accumulate while holding mate .. in crypto waiting is not worth it if we will not add something in our folio each time the value dumped .
like me I accumulate another set of coins recently and yes bitcoin is what holds big in my crypto funds.

You don't have to hate them cause I believe those complainers are people who don't know anything about bitcoin and they are being lured by others to invest in shitcoins and when they lose they blame bitcoins without knowing that Cryptocurrencies including bitcoins and shitcoins. Teach them the difference between bitcoin and altcoins, they will find a real investment and no more complaining about bitcoins.

I think what you say is true too, because I've seen some people who first knew Shitcoin but they didn't know about Bitcoin so they considered it the same. Even though in general it must be distinguished because Shitcoin was born for the short term or to make people who already like Bitcoin want to switch to Shitcoin. Because Shitcoin makers usually provide very tempting offers at the beginning of their manufacture. Even if it ends up being a scam.

Seriously, I think altcoin and bitcoin are the same when it comes to trading. However I would say both differ in their usage as well as the purpose for which they are made. Most altcoin developers create altcoins for the purpose of personal gain as most of them tend to focus on value rather than use cases. Bitcoin is not the case, the main purpose of bitcoin is as a currency and it is clear that today the use of bitcoin as a means of payment has increased rapidly.

It is true that not all altcoins are the same and not all of them are failed projects. Some altcoin can be considered as investments with their respective risks, however bitcoin as a decentralized asset will be very convincing.

You may not need to talk to random people but I guess we must need to talk to friends and colleagues to make them adapt bitcoin when they start showing interest on cryptocurrencies or crypto related news. I strongly believe that entire altcoin industry is working as marketing team to make people to get aware of the existence of cryptocurrencies either positively or notoriously. When an altcoin fail, we can show them how strong bitcoin remains compared to previous years.

Yeah, when we compare bitcoin with 2021, it is in negative growth whereas if we compare it by the times of 2020, we are in progress. We do not need to showcase ATHs but we can explain how halving makes bitcoin investors richer every time.

While some of them are indeed lured by wrong information yet many of them are greedy investors that wanted to earn easily that is why they ended up being a loser.

Imagine there are already bitcoin that can be hold for semi long term but they chooses to invest in quicker moving coins but eventually stagnant to almost zero value  lol.

You can turn that into a bitter experience because you have suffered a loss so for now and in the future you don't need to see so many altcoins that don't have the potential to increase like the meme coin you said. Because I see that there are not too many altcoins that have good potential in the market, so you don't need to see too many altcoins for investment or trading because in the end you will also experience losses.

It's time to consider Bitcoin because it has proven to be better. Although it would not be wrong if you also like to consider altcoins like ETH and BNB, because they (the altcoins) also very often get a gradual increase in price when the market starts to improve. But Bitcoin is the first asset that you should consider at this point before it costs a lot more.

Ignore the use cases of both, and talk about investing. I think both bitcoin and altcoins are good as both can bring us profit, but we need to know how to use them wisely to our benefit. Actually, I don't hate altcoins because during the bull season of 2021, many altcoins give me huge profits. But this bear season, I will give priority to bitcoin, the simple reason is that the bear season is when the market cleans up, so altcoins will die a lot, don't touch them and stay away from them now.

At present the number of cryptocurrencies is more than 22k, if we pay attention to Coinmarketcap every day appears at least 10 new listed coins, this makes us many choices but from the many bitter experiences make us better focus on coins who have a strong reputation, of course we are impossible Just relying on Bitcoin, some Altcoins have a good reputation.

Why it's possible to just rely on Bitcoin while you're said bitter experience make you choose coin with has strong reputation? you're contradicts yourself.

Some altcoins are good, can you show me which is good altcoins it is? if you mention the coins that listed on the top 10 or 20 on coinmarketcap, you're dumb. Those coins are only listed by the market cap only, not from the utility, trustworthy, decentralization, real case etc.

Someone can just create shitcoins and ask help for few whales to invest in big amount money to overtake Ethereum position.