Anticipations for bitcoin

[ArniMiller]

I agree that Bitcoin is currently perceived more as an investment than as a means of payment. But this is a natural stage — over time, as regulation and trust grow, it may become more widely used in transactions. Everything depends on the infrastructure and the willingness of businesses to accept such payments.

[Republikcoin.com]

I agree that Bitcoin is currently perceived more as an investment than as a means of payment. But this is a natural stage — over time, as regulation and trust grow, it may become more widely used in transactions. Everything depends on the infrastructure and the willingness of businesses to accept such payments.

Let's say that over time, everyone familiar with Bitcoin will accept it as a means of payment for many things, but when most people won't want to spend Bitcoin on anything less valuable, perhaps fiat transactions will continue because people are no longer afraid to exchange paper money for more, especially if that paper is thrown away by buying valuable assets like Bitcoin. Rest assured that as Bitcoin gains value and is accepted by all companies and individuals, everyone will continue to safeguard and store it so carefully that there will be no longer any thought of wasting it by exchanging it for something of lesser value.

[taufik123]

I agree that Bitcoin is currently perceived more as an investment than as a means of payment. But this is a natural stage — over time, as regulation and trust grow, it may become more widely used in transactions. Everything depends on the infrastructure and the willingness of businesses to accept such payments.

Let's say that over time, everyone familiar with Bitcoin will accept it as a means of payment for many things, but when most people won't want to spend Bitcoin on anything less valuable, perhaps fiat transactions will continue because people are no longer afraid to exchange paper money for more, especially if that paper is thrown away by buying valuable assets like Bitcoin. Rest assured that as Bitcoin gains value and is accepted by all companies and individuals, everyone will continue to safeguard and store it so carefully that there will be no longer any thought of wasting it by exchanging it for something of lesser value.

Whether or not the goods to be bought are less valuable or not, but that is the main purpose why Bitcoin was created,
so that transactions with Bitcoin will be achieved and Bitcoin becomes a Digital payment that can encompass everything without intervention from parties such as the government.

But now adoption has not fully occurred and Bitcoin is still a speculative asset and mostly a commodity that is only traded and will only be sold when the price reaches the highest price.

If everyone holding Bitcoin doesn't make any moves, Bitcoin really isn't being used properly.
However, it will also reduce the circulation of Bitcoin and the price will also become more expensive.

[Leahized]

Are you excluding from the prediction or don't you believe that Bitcoin will reach $1 million dollars. The prediction for $1 million has been priced within the interval of 10 years, whether it is possible within the specified interval or not isn't going to erase the fact that with the current rise of adoption the price will sometime in the future hit a max of $1 million and it is firmly anticipated speculation with enough possibility of happening.

Yes it is exactly the right to be correct but only time interval. In this case we have to have strong faith, we will certainly reach 1 million dollars one day. When it was August, many whales were predicting, even propagating CZ_Binance, we could quickly make one decomposition. In this case I will never mistrust Bitcoin it will not happen. However, we should always have long -term thoughts, at present, the price will never be steadfast. Because Bitcoin is always unstable and one of the most popular coins in the world. And from the government to the citizen is using Bitcoin as a reserve fund. That is why I can say freely, Bitcoin will fulfill our much expectations later.

[Cryptohygenic]

I agree that Bitcoin is currently perceived more as an investment than as a means of payment. But this is a natural stage — over time, as regulation and trust grow, it may become more widely used in transactions. Everything depends on the infrastructure and the willingness of businesses to accept such payments.

Yes adoptors or users interests is more of it store of values due to current economy and the highily volatility of bitcoin. Although currently there are certain users who are using it for payments purposes but while we would be looking at a larger rate to follow the payments process with our regular transaction basis, we should be looking out to when the market finds a support holding for consolidations. Infrastructures is not the case as there had been basic technology amenities to facilitate transactions/payments but I see a bit of hindrances from the regulatory authorities but that's not the case because anyone who want to use bitcoin for payments could still move on using the decentlized networks where regulations is exempted.

[Victorybit1]

Bitcoin is going to gain global recognition in the future, and the issues around Bitcoin usability will be more improved on to the extent that the network will be more flexible for small transactions with low fees and other fast factors that have pause limits to Bitcoin payments acceptance by businesses.


Going forward in this current time all that we need to do is to hold more Bitcoin and spend less of it as daily utilities currency if and since we have fiat to deal with that aspect of our life.

Bitcoin is the currency of the future, it's a good thing that fiat is still in use because it's going to give us enough time to spend less of our assets and focus on investing more. That recognition of Bitcoin has already started presently but in the future it's going to take a large scale and a lot of people are going to see the importance of it. A lot of people haven't started accepting it yet because they are still skeptical about it

[Ishicryptic]

At all to achieve these excitements as edge against economy inflations there, we also have to start buying now and look up to hodl in the long term and experiences some few if not more bullish festives where your portfolio grows so much matured while ETS will become key players. Perhaps we have got them all like BlackRock, Strategy and them all while those proposing institutions will always come to buy to keep volatility valuable consolidation phase in the long term.

Bitcoin has exceeded the expectations of most of us, we thought that it would soon fade out like most Ponzi schemes but it has remained and getting stronger and better. We have higher expectations for Bitcoin and that is why most of us are doing DCA method believing that it will reach 1 million dollars in the future, it's past performances have proven that it is a store of value. Most of us missed out to be super rich by now if we had invested massively into it when it was created, this is our second chance to get in and continue to buy into the future to become very rich.

[Skydrill]

I always tell my anticipating friend to calm down, I understand your anticipation and trust for bitcoin in the long run.

Knowing what lies ahead(bright future) of our Bitcoin accumulation, some of us can't keep calm about it, knowing that the investment we made today will be profitable in the long run.

Your friends who are anticipating Bitcoin, you don't blame them for that. What you should be telling them is to have a long-term investment mindset on bitcoin; be patient, they should keep their investment private, not disclose it publicly, keep their seed phrase safe, and not click unsolicited links. That way they are safe

Well I think it would have been better if your friend that are anticipating the Bitcoin had been earlier informed, that way the anxiety and high hopes wouldn't have been there in the first place,I believe it is better for any investor to have a long term goal rather than being anxious and maybe end up being disappointed and discouraged, its better to spread the awareness earlier to avoid low confidence in Bitcoin.

[Skydrill]

I agree that Bitcoin is currently perceived more as an investment than as a means of payment. But this is a natural stage — over time, as regulation and trust grow, it may become more widely used in transactions. Everything depends on the infrastructure and the willingness of businesses to accept such payments.

Let's say that over time, everyone familiar with Bitcoin will accept it as a means of payment for many things, but when most people won't want to spend Bitcoin on anything less valuable, perhaps fiat transactions will continue because people are no longer afraid to exchange paper money for more, especially if that paper is thrown away by buying valuable assets like Bitcoin. Rest assured that as Bitcoin gains value and is accepted by all companies and individuals, everyone will continue to safeguard and store it so carefully that there will be no longer any thought of wasting it by exchanging it for something of lesser value.

Whether or not the goods to be bought are less valuable or not, but that is the main purpose why Bitcoin was created,
so that transactions with Bitcoin will be achieved and Bitcoin becomes a Digital payment that can encompass everything without intervention from parties such as the government.

But now adoption has not fully occurred and Bitcoin is still a speculative asset and mostly a commodity that is only traded and will only be sold when the price reaches the highest price.

If everyone holding Bitcoin doesn't make any moves, Bitcoin really isn't being used properly.
However, it will also reduce the circulation of Bitcoin and the price will also become more expensive.

just like the dollar which is the official currency of the US, and also a legal tender, it was first used in the United States but right now it is one of the most used currencies all over the world, it is highly sought after especially in the international market and I believe that it is the same form the Bitcoin is taking gradually, it is just a matter of time before many nations adopt the use of Bitcoin as a legal tender and also a means of doing business and various transactions, including third world countries.

[Princess Leah]

At all to achieve these excitements as edge against economy inflations there, we also have to start buying now and look up to hodl in the long term and experiences some few if not more bullish festives where your portfolio grows so much matured while ETS will become key players. Perhaps we have got them all like BlackRock, Strategy and them all while those proposing institutions will always come to buy to keep volatility valuable consolidation phase in the long term.

Bitcoin has exceeded the expectations of most of us, we thought that it would soon fade out like most Ponzi schemes but it has remained and getting stronger and better. We have higher expectations for Bitcoin and that is why most of us are doing DCA method believing that it will reach 1 million dollars in the future, it's past performances have proven that it is a store of value. Most of us missed out to be super rich by now if we had invested massively into it when it was created, this is our second chance to get in and continue to buy into the future to become very rich.

The past performance is the driving force that's attracting lots of new investors and critics to own bitcoin currently, many have seen that their expectations were wrong and have and are currently having better ideas concerning Bitcoin which is hodling for a longer period to serve as a form of investment for the future.

 Anyone who's seen the improvement of Bitcoin over the years and still have that thought of Bitcoin being a ponzi scheme is not really serious especially now that's it's currently a store of value and doing pretty well in the asset class which is enough to convince a novice that there's hope for the future if they invest on it.

[free-bit.co.in]

Most of us missed out to be super rich by now if we had invested massively into it when it was created, this is our second chance to get in and continue to buy into the future to become very rich.

I don't want to disappoint you but if you are one of those people who missed out on becoming super rich because you didn't invest in bitcoin years ago. You will no longer have the opportunity to become extremely rich if you start investing now. Unless you have hundreds of thousands or millions of dollars to start with. Because bitcoin has become too big and it will not be able to grow exponentially and give x100, x1000 profits like before.

If bitcoin hits $1 million in 20 years, that's just a x10 increase, it won't turn your $1k or $10k into $1 million or $10 million. Let's be realistic, the days of getting rich and becoming super rich with bitcoin are over.

[Cryptohygenic]

Most of us missed out to be super rich by now if we had invested massively into it when it was created, this is our second chance to get in and continue to buy into the future to become very rich.

I don't want to disappoint you but if you are one of those people who missed out on becoming super rich because you didn't invest in bitcoin years ago. You will no longer have the opportunity to become extremely rich if you start investing now. Unless you have hundreds of thousands or millions of dollars to start with. Because bitcoin has become too big and it will not be able to grow exponentially and give x100, x1000 profits like before.

If bitcoin hits $1 million in 20 years, that's just a x10 increase, it won't turn your $1k or $10k into $1 million or $10 million. Let's be realistic, the days of getting rich and becoming super rich with bitcoin are over.

You are right but on a second thought, it has not seem too late to grow richness in the asset even though it price has soared beyond where an average citizen can afford a whole one bitcoin or more to invest on. That satoshi fraction of it can actually turn it holders dream of becoming super rich a reality but dependantly on the individuals investment strategies and patient to hold a longer time while the price soars over the years according to it 4 years event cycles.
I don't want to make beginners or enthusiasts feel they would only get chicken changes if or after invested on bitcoin. On the other hands, the exponential values of the asset is not going to be volatile as it was in the earlier times due to markets maturity following global and massive adoption.
Therefore volatility will be more consolidated.

[In_cu_bent]

I agree that Bitcoin is currently perceived more as an investment than as a means of payment. But this is a natural stage — over time, as regulation and trust grow, it may become more widely used in transactions. Everything depends on the infrastructure and the willingness of businesses to accept such payments.

It's not about the businesses accepting bitcoin as a means of payment but it's about the government and also the value of bitcoin that is making people not to use it much as a means of payment. In the aspect of the government, if they find out that bitcoin is being used as a means of payment for most businesses they will impose high taxes just to scare people because it will look like if they allow people to make bitcoins transactions freely it will become a threat to the fiat. Then another thing is that the value of bitcoin has really increased such that people no longer want to lose it while trying to use it as a means of payment so until it get to a time when volatility wouldn't affect the price of bitcoin that much, that is when people can conveniently use it for transactions and by then, many people will be willing to use their bitcoins for payments.

[adultcrypto]

I agree that Bitcoin is currently perceived more as an investment than as a means of payment. But this is a natural stage — over time, as regulation and trust grow, it may become more widely used in transactions. Everything depends on the infrastructure and the willingness of businesses to accept such payments.

I agree with you and that is because people have seen the opportunity there is to buy and hold, just like they do with gold. It will take a lot of time and innovation to change the perception people have about bitcoin because to the average person on the street, bitcoin is just another investment opportunity, he has not seen any other competitive use of it. If we have more regulations and legalization of bitcoin, maybe that will encourage the real use of bitcoin on the as a means of payment. Although many companies are already accepting bitcoin which makes it easier for them to spread their services abroad.

[Swordsoffreedom]

I agree that Bitcoin is currently perceived more as an investment than as a means of payment. But this is a natural stage — over time, as regulation and trust grow, it may become more widely used in transactions. Everything depends on the infrastructure and the willingness of businesses to accept such payments.

I agree with you and that is because people have seen the opportunity there is to buy and hold, just like they do with gold. It will take a lot of time and innovation to change the perception people have about bitcoin because to the average person on the street, bitcoin is just another investment opportunity, he has not seen any other competitive use of it. If we have more regulations and legalization of bitcoin, maybe that will encourage the real use of bitcoin on the as a means of payment. Although many companies are already accepting bitcoin which makes it easier for them to spread their services abroad.

The thing is, when it comes to payment methods, what people want is stability, speed, and as low transaction fees as possible. Meanwhile, as we all know, bitcoin price is very volatile, bitcoin network is not fast and fees are not cheap. So as long as Bitcoin can't fix or have solutions to those problems. People will be hesitant and reluctant to use it as a means of payment.

As you said, many businesses or online stores already accept bitcoin and crypto. But as you can see, people tend to use stablecoins or altcoins for payments instead of bitcoin. Simply because they are faster and cheaper than bitcoin, and that's what users need.

[free-bit.co.in]

You are right but on a second thought, it has not seem too late to grow richness in the asset even though it price has soared beyond where an average citizen can afford a whole one bitcoin or more to invest on. That satoshi fraction of it can actually turn it holders dream of becoming super rich a reality but dependantly on the individuals investment strategies and patient to hold a longer time while the price soars over the years according to it 4 years event cycles.
I don't want to make beginners or enthusiasts feel they would only get chicken changes if or after invested on bitcoin. On the other hands, the exponential values of the asset is not going to be volatile as it was in the earlier times due to markets maturity following global and massive adoption.
Therefore volatility will be more consolidated.

It is never too late to invest in bitcoin if our goal is to find a way to increase our assets to cope with inflation and fiat currency devaluation. But it's too late for those who want to get super rich with bitcoin with just a small amount of capital, even if they hold it for the next 20-30 years.

I know many people don't like and don't want to hear these things but we have to be realistic. The days of getting rich quick with small capital thanks to bitcoin are over. Especially for newbies, don't set your expectations too high or be too greedy to think that bitcoin can help their assets increase x10, x100 times these days.

[traderethereum]

And before that happens, we should prepare ourselves by investing in Bitcoin and hold it. At least, we are ready for anything that happens in the future and if Bitcoin is used for payment, we can choose to use Bitcoin or still use fiat. We have targeted to make a profit from Bitcoin investment so we can take as much profit as we can from the investment. Maybe that needs more time to see Bitcoin as a payment so we still have a chance to buy Bitcoin and hodl. We can just wait and see if more supports come from other countries and legalizes Bitcoin to be used as a means of payment.