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Author Topic: they say bitcoin is store of value  (Read 113 times)
boboking
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April 01, 2018, 05:26:46 AM
 #21

This is how it works everytime the price drops then market cap will decrease it is not isolated in the crypto market but on all market. If you read the news you can see big investors/comapnies also lose billions of dollars because their stocks went down. Yes bitcoin lost  a lot of money if you are going to base it in market cap but if you will consider the rise of bitcoin from january 2017 to today we are still on an uptrend.

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April 01, 2018, 05:37:45 AM
 #22

Bitcoin is a store of value in a very volatile market. Extra emphasis on volatile  Wink So big changes are to be expected and huge chunks of money could disappear overnight. That's the nature of the beast. Investing in traditional stocks or precious metals could offer you high stability and security but low profitability.
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April 01, 2018, 05:47:59 AM
 #23

looking from the price, bitcoin does look more promising and valuable than gold, both of them can be said almost same, have a limited amount but the demand continues to exist and increase. but in terms of stability, for now the highly fluctuated bitcoin is definitely worse than gold. and gold also has other functions as a valuable item that can be used and give its own prestige.

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April 01, 2018, 06:14:51 AM
 #24

I think they were just saying that because bitcoin now is not in a good value, although there so many people still using bitcoin but still there are also many who transfer to other crypto currency especially those crypto that is better than bitcoin and has many advantages on BTC.

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April 01, 2018, 06:31:47 AM
 #25

they say bitcoin is store of value where did the 200billion vanish ..they say bitcoin better than gold?Huh

Will its depends on the opinion of every investor or bitcoiner people  that bitcoin is store in value,and now gone,but in my own thought bitcoin is real value only happen in this situation the prices now is going down in the market.actually all coins now are turn to red  because of the prices blow off this month and it was announce  before some cryptocurrency investor in news feed in google news .therefore digital system now in crysis form due to many changes happen now in crypto world,but all i can say bitcoin is real and not a store value as what you stated, only things happen now  is in chaos form,but  all of this in temporary,and it will relieve soon.

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April 01, 2018, 07:03:57 AM
 #26

they say bitcoin is accepted more places every day. ....they lie

Yes it's true there's some places are accepting bitcoin to buy food in 7/11 store online payment and etc.
But also there are places bitcoin are prohibited to use and they not considered as a payment.

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April 01, 2018, 07:13:21 AM
 #27

Bitcoin is a market where investors can make a lot of money when selling high priced bicoins. And sometimes they also lose money when bitcoin drops. But for the market, the fluctuation is frequent. When discounting, do not hurry to save Bitcoin and you can buy more if you can. Wait when the high price will sell to make a profit. And confirmed that Bitcoin is a completely accurate value.

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