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81  Other / Beginners & Help / Re: Investment in cryptocurrency on: October 02, 2020, 03:17:53 PM
If you hold for the long term it will probably be a pretty safe investment. As the use of cryptocurrency continues to increase and adoption goes widespread, the price will only increase.

I personally don't hold any and use it to transact daily, but as a hold it would be a better choice to me than stocks, precious metals, or even real estate.
82  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Cash what are your thoughts? on: October 02, 2020, 03:11:41 PM
I think that they have a much better solution to long term scaling than BTC due to the increased block size, and I would like to see it accepted in more marketplaces.
83  Bitcoin / Bitcoin Discussion / Re: Is bitcoin difficult to understand on: October 02, 2020, 02:10:17 PM
For transaction and usage, it isn't too hard to understand although it does take some more effort than transacting USD.

As far as the inner workings and protocols I think it becomes much more complex. There are still many details of mining and the blockchain that I don't fully understand, but I understand the general idea of a distributed ledger where you control your private keys.
84  Bitcoin / Bitcoin Discussion / Re: 18.5 million BTC already mined on: October 02, 2020, 02:00:36 PM
Quote from: LogitechMouse on October 02, 2020, 01:21:32 PM
Quote from: Yaunfitda on September 28, 2020, 08:41:00 AM
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What is the connection between the time isn't our side and the total amount of Bitcoin that has been mined??

The Bitcoins that are already been mined will circulate anyway so I don't see any problem here. Demand in the future?? Maybe if there are many who will accept it but the supply? I can't say that it getting shorter since it is still the same 21M. People can accumulate anytime they want and they can hold anytime they want. Its their decision in the end.
The price would still increase over time but miner profit would begin to come from primarily transactions.
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