Bitcoins future is Bright

[goldkingcoiner]

The dips, dumps and pumps are all just part of the volatility of Bitcoin, as long as Bitcoin has not been adopted fully yet. But as you said, it is only a temporary phenomenon which will resolve itself without doubt. It is not happening for the first time and not for the last time. This is engrained deeply in the very nature of Bitcoin itself. Thats why I hodl and trust Bitcoin.

Price volatility is a dynamic for bitcoin, and it's important because that's the only way traders and investors make profits. I can't imagine bitcoin being a stable asset in the future even if adoption becomes widespread, and I don't think that stability will be with bitcoin but its volatility is very likely to decrease.

Price volatility cannot be eliminated in bitcoin because bitcoin is a decentralized asset. No one can control the price in the market but manipulation is possible by those with strong financial power. But that's not a problem for bitcoin as a whole because bitcoin is basically freedom.

Well, I did not mean that Bitcoin would become a stable coin or something. Bitcoin becomes more valuable over time.

What I meant in my previous post is that the dips and pumps are not going to be as gigantic in the future as they are now. At least, no more 46% candles on the monthly chart. Once every Bitcoin has been mined, of course traders will still trade Bitcoin and make a profit. But in the far future I think more like profits of 4-5% per month. Not like now.

Altcoins will definitely pump and dump 100x. But, just like with any business investment: DYOR!


Most new coins/tokens (like 98%) are complete horse shit.

[taufik123]

-snip-
Price volatility cannot be eliminated in bitcoin because bitcoin is a decentralized asset. No one can control the price in the market but manipulation is possible by those with strong financial power. But that's not a problem for bitcoin as a whole because bitcoin is basically freedom.

Bitcoin is a form of freedom for now and in the future. There's nothing like Bitcoin, it's completely decentralized and not regulated by anyone. Governments won't even be able to fully regulate bitcoin. Although it is possible to manipulate it won't last long and it won't work completely. some of them are manipulating to go up and some others are spreading FUD so that bitcoin continues to fall as it is today with the decline of Bitcoin to more than 70% from the last ATH.

The future of bitcoin will be better and clearer when more adoption takes place. Despite the small adoption that occurs, Bitcoin will become a payment option besides Fiat. pros and cons will still be there. Regarding bitcoin volatility, it will be a good dynamic and provide fast returns as well as rapid collapse, it only remains to set a strategy so that it can be put to good use. High-Risk High-Return.

[Antonas1]

Seriously, for the first time I feel like I wanna puke after reading the comments in this thread, it turns out that many people are saying Bitcoin has a bright future and the price will continue to increase. I don't know, maybe I'm exaggerating, but this really happened.
There's nothing wrong with being optimistic, but you have to be prepared if things run against your expectations.

The same thought that I have before but after experiencing the 2016 Bullrun followed by a long bear season, I eventually change my mind and thought that the price is continuously growing and that is because there is a continuous growth of market demand. Of course, we can be optimistic always but also, but we never have to forget also to anticipate possible price corrections. We always make ourselves prepared for whatever happens to note that not all the time is the market high but also dump is inevitable.

Although I don't trade short-term, I am one of those people who still expect high swings and volatility. But seeing how many people just want the price to go up, I imagine they were buying Bitcoin while the price was still high and they feel "trapped", and suddenly it makes me get a nausea.

[JohnBitCo]

I agree with OP. Whatever is happening with BTC now, it is only a temporary phenomenon. In any case, its key idea will live, expand and develop.

The dips, dumps and pumps are all just part of the volatility of Bitcoin, as long as Bitcoin has not been adopted fully yet. But as you said, it is only a temporary phenomenon which will resolve itself without doubt. It is not happening for the first time and not for the last time. This is engrained deeply in the very nature of Bitcoin itself. Thats why I hodl and trust Bitcoin.

There are bear and bull markets since the start of bitcoin from 2009 and this in nothing new for bitcoin. What we need to learn is not to become extra excited seeing new all time highs and not to become extra fearful seeing bitcoin price dumping to 70 to 80% in each cycle.

The people who are in this crypto market for a few years know that overall the bitcoin future is bright however, there may be up and down phases along the way.

[camito]

it will take a long time before bitcoin rises again because it is still low and yet not high again if it is high it is not that high so everyone will have to wait until 2024 for everyone to start using bitcoinchain technology.

[Vaskiy]

I agree with OP. Whatever is happening with BTC now, it is only a temporary phenomenon. In any case, its key idea will live, expand and develop.

The dips, dumps and pumps are all just part of the volatility of Bitcoin, as long as Bitcoin has not been adopted fully yet. But as you said, it is only a temporary phenomenon which will resolve itself without doubt. It is not happening for the first time and not for the last time. This is engrained deeply in the very nature of Bitcoin itself. Thats why I hodl and trust Bitcoin.

There are bear and bull markets since the start of bitcoin from 2009 and this in nothing new for bitcoin. What we need to learn is not to become extra excited seeing new all time highs and not to become extra fearful seeing bitcoin price dumping to 70 to 80% in each cycle.

The people who are in this crypto market for a few years know that overall the bitcoin future is bright however, there may be up and down phases along the way.

Bear and bull market were part of the real market. I've seen large number of people expecting the market to be in a manipulated way providing with continued growth and development. This is unfair, and against the reality. Moving along with the market is the right way to be good with cryptocurrency than making wild predictions that let people miss opportunities.

[Emitdama]

13 years is a short time we can see the development of bitcoin for the community, although there is a lot of negative news that attacks, this shows that bitcoin has a good future and always has a positive effect on its owners

Negative news the effect is temporary and has less effect on the long term. On the other hand, hacks and takeovers lead to severe drops in price. There are people who know to capitalise on this by buying at the low.

Development is ongoing, but that rarely has much effect on the price. Rest assured that Bitcoin will always be the top crypto but the prices will vary as per many factors. The growing mainstream acceptance of crypto means the future is bright. Keep stacking bitcoin till the next high.

The great thing about the drops due to hacks or scams is the fact that the money is still there and that means we are going to see it again pop up somewhere. Like lets say someone stole 10 thousand bitcoins, those bitcoins are still there and that means if that person wants to turn that money into fiat ever, or even wants to use it ever, they will have to move it, and even if they don't move it, they make all the other people a favour by making it locked.

All in all, the temporary drop after these are perfect times to buy, because in the end we are not going to see it do any worse long term, in fact it may actually do a bit better in the long run because of it.

[MoonOfLife]

it will take a long time before bitcoin rises again because it is still low and yet not high again if it is high it is not that high so everyone will have to wait until 2024 for everyone to start using bitcoinchain technology.

If history repeats itself, we are only halfway through the bear cycle, meaning we still have a long way to go until the next bull season, so what we need to do now is be patient. No one knows the future of bitcoin, but with what has happened in the past as well as the present, we have the right to expect the future of bitcoin to be extremely bright.

[Yatsan]

it will take a long time before bitcoin rises again because it is still low and yet not high again if it is high it is not that high so everyone will have to wait until 2024 for everyone to start using bitcoinchain technology.

If history repeats itself, we are only halfway through the bear cycle, meaning we still have a long way to go until the next bull season, so what we need to do now is be patient. No one knows the future of bitcoin, but with what has happened in the past as well as the present, we have the right to expect the future of bitcoin to be extremely bright.

Well, the breakthrough in this topic is what future are we talking about? 'coz if it is regarding adaptation to this technology and wide use of cryptocurrencies for sure there is a bright future. More businesses; big and small are now accepting Bitcoin and other cryptocurrencies as a mode of payment. But regarding the market value of Bitcoin, if it would continue rising, I'm not quite sure of it. The demand is low for daily transactions, in contrast with the demand on asset or investment purposes which might yield to a conflict in the future. Conflict by means of not being widely used; in contrast to its main purpose. Why? 'coz people would more put attention into holding which might negatively affect the price 'coz if it is daily transactions only, people might use other digital currencies having higher transaction fees but is more accessible right? But as progressive development continues, maybe this thing would be balanced, I hope.

[Party24*7]

I agree with OP. Whatever is happening with BTC now, it is only a temporary phenomenon. In any case, its key idea will live, expand and develop.

The dips, dumps and pumps are all just part of the volatility of Bitcoin, as long as Bitcoin has not been adopted fully yet. But as you said, it is only a temporary phenomenon which will resolve itself without doubt. It is not happening for the first time and not for the last time. This is engrained deeply in the very nature of Bitcoin itself. Thats why I hodl and trust Bitcoin.

There are bear and bull markets since the start of bitcoin from 2009 and this in nothing new for bitcoin. What we need to learn is not to become extra excited seeing new all time highs and not to become extra fearful seeing bitcoin price dumping to 70 to 80% in each cycle.

The people who are in this crypto market for a few years know that overall the bitcoin future is bright however, there may be up and down phases along the way.

To be fair, the future of bitcoin is unpredictable but looking at what has happened in the past, we can expect that the future bitcoin price can still recover. In addition, with the wide acceptance of companies and corporations, it can be said that the future of bitcoin is very bright. There is still a failure rate for bitcoin but a much higher success rate, it is worth our bet.

[Tommiewill]

The current popularity of Bitcoin does not need to be introduced to people. In our case, if you ask a three-year-old child, he can tell you something about Bitcoin. Now every country is developing digital currency. Although some countries ban bitcoin because bitcoin mining consumes huge amounts of energy, if this problem is improved, bitcoin may exist beyond legal tender.

[Dubaian]

Currently the Bitcoin market is not very good, the market is only moving downwards. Market analysis suggests that Bitcoin's current position may lead to further Bitcoin price declines. But it is definitely possible to profit if Bitcoin is invested from the current situation. It is possible to become a very good trader in the future by investing in Bitcoin. Investors are facing a lot of losses as the Bitcoin market is not good at the moment, but the future of Bitcoin is very bright. Bitcoin will pump a lot more in the future but you have to be patient for a long time or lose patience then you can expect good things in the future.

[Maidak]

To be fair, the future of bitcoin is unpredictable, but with what bitcoin has done in the past and we are investing in bitcoin, we have every right to hope for a bright future for bitcoin. Bitcoin is a volatile investment, it can also give us high returns and also make us lose, so invest only what you can lose, and bitcoin is not an investment that can make us rich overnight. We need to be patient and not mind its short-term decline, let's look at the long term.

[AicecreaME]

Bitcoin technology is a work of art, have a lot of potential compare to fiat that is prone to inflation. Since I started investing on cryptocurrency, I didn't doubt it even the slightest. I know the risk very well, so I always don't expect that much especially if I'm investing on a certain altcoins. Bitcoin is my number 1 on the list, because of its volatility and it's so promising. We're in a bear market, and buying as much as we can is a very good move for long term investment.

[xSkylarx]

To be fair, the future of bitcoin is unpredictable, but with what bitcoin has done in the past and we are investing in bitcoin, we have every right to hope for a bright future for bitcoin. Bitcoin is a volatile investment, it can also give us high returns and also make us lose, so invest only what you can lose, and bitcoin is not an investment that can make us rich overnight. We need to be patient and not mind its short-term decline, let's look at the long term.

It is also not about investing, but we will be using it as a payment method in the future, so the possibility is that we will be cashless as we are just using our phones or card to pay bills, etc. But for now, only a few establishments are accepting it, and also bitcoin is known to have a high price and is very volatile, which is why a lot of investors and traders what to get into it and gain profit, even though it is risky, they will still jump into it.

[crunck]

To be fair, the future of bitcoin is unpredictable, but with what bitcoin has done in the past and we are investing in bitcoin, we have every right to hope for a bright future for bitcoin. Bitcoin is a volatile investment, it can also give us high returns and also make us lose, so invest only what you can lose, and bitcoin is not an investment that can make us rich overnight. We need to be patient and not mind its short-term decline, let's look at the long term.

It is also not about investing, but we will be using it as a payment method in the future, so the possibility is that we will be cashless as we are just using our phones or card to pay bills, etc. But for now, only a few establishments are accepting it, and also bitcoin is known to have a high price and is very volatile, which is why a lot of investors and traders what to get into it and gain profit, even though it is risky, they will still jump into it.

It will never become a payment method in the future, due to its volatility, it is more suitable as an investment. In addition to being illegal in many countries, many people do not like to use it because it is too volatile. I've met some of them and they say they don't like bitcoin simply because it's too volatile and they don't like risk. Bitcoin is good for us because we can make profit from it, but for people with better income they don't need it.
Nowadays we also only use bitcoin as an investment, if it ceased to be an investment I think no one would be interested in it let alone use it for payment.

[Maidak]

To be fair, the future of bitcoin is unpredictable, but with what bitcoin has done in the past and we are investing in bitcoin, we have every right to hope for a bright future for bitcoin. Bitcoin is a volatile investment, it can also give us high returns and also make us lose, so invest only what you can lose, and bitcoin is not an investment that can make us rich overnight. We need to be patient and not mind its short-term decline, let's look at the long term.

It is also not about investing, but we will be using it as a payment method in the future, so the possibility is that we will be cashless as we are just using our phones or card to pay bills, etc. But for now, only a few establishments are accepting it, and also bitcoin is known to have a high price and is very volatile, which is why a lot of investors and traders what to get into it and gain profit, even though it is risky, they will still jump into it.

Although bitcoin was created to be a currency, a method of payment, so far, with what is going on, I really doubt that bitcoin will ever become a means of world payment. There are several countries that have legalized and accepted bitcoin as a means of payment, but accepting it is one thing and whether people use it or not is another. People are looking at bitcoins as an investment to increase their wealth, and most are trying to accumulate them rather than using them for daily payments. As long as bitcoin is volatile, it is extremely difficult to use it as a payment method, IMO.

[Peanutswar]

Before bitcoin is just nothing for the people only a few of them see the potential of this to make an investment and gain profit and right now after its all-time high bitcoin makes neutral and possibly going down again but we are still looking in the future with it because some of the organization and businesses right now are supporting this coin to make as a mode of payment and other way transaction because of it is a transparent for the upcoming year of 2023 for sure we can see another bright future of the bitcoin again.

[4ndrOmed4]

Crypto was meant to solve financial corruption. The FTX scandal shows it’s got worse.