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Author Topic: Long term argument for bitcoin  (Read 5896 times)
supercanada1
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May 23, 2018, 08:20:33 PM
 #241

yes bitcoin is the first crypto currency and it very important because of that bitcoin can survive until now and continue to increasing its value year by year and it make the price gap with another crypto currency are very large. bitcoin has a highest value of crypto and it make bitcoin has a big potential to give us a good profit.
I must say that this whole will remember the name of the bitcoin and that this is something which they will never forget even if they couldn’t manage to invest in bitcoin for the whole of their lives. Bitcoin is something which is the backbone of the entire modern currency system known as the crypto market. The overall reputation of the crypto market greatly depends on the bitcoin and that bitcoin is doing its best.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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May 24, 2018, 05:37:49 AM
 #242

I don't know why exactly but there is no a person today who has never heard of Bitcoin compared to other coins which aren't so famous.  I am sure that Bitcoin won't disappear in the nearest future
crypto currencies are not very famous at the moment and majority of world population is not using these. I am certain that the number people who have heard about bitcoin is a huge one but users are extremely small because most of them do not understand this concept well and are not willing to spend money or time here. However, bitcoin will be doubling its value by the end of this year and its present investors are for more than before.
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May 25, 2018, 09:59:22 AM
 #243

The fact is that bitcoin has the largest capitalization in the cryptocurrency market, so it is the most reliable asset.
Bitcoin is responsive and works best in case of long term and in case of short term it is not so responsive. The response of Bitcoin is very good and gives us huge profit if one invests for long term. This long term of Bitcoin results in huge profit and most of the investments in Bitcoin are of long term. If you buy at low market value then you will get the profit after long time and not more than a year.
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May 25, 2018, 11:55:57 AM
 #244

Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?
Actually it depends upon how a person, specifically the user perceives and think why he is still into sticking with Bitcoin despite of all newly established and launched altcoins that offer the same service or maybe even more compared to Bitcoin. Well for me, Bitcoin was already been the colloquial definition or identity when you say cryptocurrency because it is the first one you will encounter upon entering into this community and all people are already into using it locally and even globally and many altcoins are tend to be traded in exchange for Bitcoin for the reason that it is widely acceptable and that flexible to be used added by the fact that it was the first to be established crypto before anything does and also, its benefits are really more useful and accepted by people who have been into cryptocurrency community.
Bitcoin is a long term investment with huge returns at the end of selling. It should be long term as the market demand constantly or irregularly changes some times and you can not predict its fluctuations so investment in long term Bitcoin will be benefited and will make you able for high investments. If you are thinking that you will easily get huge profit in Bitcoin in a short interval of time then you are wrong, you will get huge profit only if you invest for long term.

Polkadott
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June 02, 2018, 03:51:57 AM
 #245

the most important is the popularity of bitcoin because it creates trust in its holders that bitcoin is the main coin in crypto. It is not important that bitcoin is the first
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June 18, 2018, 11:06:33 PM
 #246

Bitcoin has a more powerful technical side, he has more supporters, as well as bitcoin is the very first and original crypto currency. Litecoin - it's just a parody of bitcoin, which is a little faster.
ervinmadureri
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June 18, 2018, 11:29:22 PM
 #247

Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?
You can see that bitcoin prices are continuously adjusting in recent days, after touching the $ 19800 level, bitcoin prices are constantly decreasing and are currently in the bearish trend in the long run. This leads to the current market. in down trend. But according to my analysis, if the bitcoin price can break the $ 8000 level, the bear market will end and the bitcoin price could continue its uptrend.
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June 18, 2018, 11:47:16 PM
 #248

Not only was that paramount but it is the sole reason I believe people prefer Bitcoin over any currency. It is called the network effect and it explains a lot about why Bitcoin remains #1, at least for me it does. https://en.wikipedia.org/wiki/Network_effect
Even bitcoin isn't fully established and accepted by the community but still people give their trust into it. Of course we can't deny how Bitcoin strengthening crypto, and giving its name that's makes people seing great future.
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June 18, 2018, 11:50:53 PM
 #249

Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?

Becuase bitcoin is a huge coin.  And i think bitcoin is a start in crypto currency,  it been long year when bitcoin paying for pizza,  and now the price is more than 6k dollors nad last year he reach 10k dollors.  So bitcoin has a big potencial to save us from our poor life.  We need to work hard. 
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June 19, 2018, 01:09:06 AM
 #250

Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?


Litecoin is also good but Bitcoin is very big difference in terms of Price value I admit that it is volatile but you know because of the lower price dump people have a chance to get huge profit if ever the price going back to the top highest value last December 2017 so your losing money become live again and continually moving up and more profit is to come. that was the people think long term investment is the best this time so if you have no BTC just buy it while the  price is very low.
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June 19, 2018, 01:55:11 AM
 #251

yes bitcoin is the first crypto currency and it very important because of that bitcoin can survive until now and continue to increasing its value year by year and it make the price gap with another crypto currency are very large. bitcoin has a highest value of crypto and it make bitcoin has a big potential to give us a good profit.
Yeah bitcoin has great potential in the future, that's what many people are waiting for. they hold bitcoin because it will see higher prices in the future because bitcoin has a great potential, where users will keep coming and will push up prices in the future. that's why long term investment is so worthed..
stayeduptolate
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June 27, 2018, 09:05:19 AM
 #252

Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?
Buddy you will simply get tour answer if you will compare the valuation of bitcoin with other alternative coins . Bitcoin has always proved its worth and always prove that it has potential to be very great. Initially everyone was in against of bitcoin but as soon as people come to know about its real fate, countries legalised it and now they are experiencing boost in their development and success stories of bitcoin billionaires simply suggest the greatness of bitcoin over other crypto currencies.
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June 27, 2018, 10:32:29 AM
 #253

Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?
Buddy you will simply get tour answer if you will compare the valuation of bitcoin with other alternative coins . Bitcoin has always proved its worth and always prove that it has potential to be very great. Initially everyone was in against of bitcoin but as soon as people come to know about its real fate, countries legalised it and now they are experiencing boost in their development and success stories of bitcoin billionaires simply suggest the greatness of bitcoin over other crypto currencies.
As far as I can see, both are true. However, bitcoin is developed longer and people have more confidence in investing in bitcoins.
Ctn
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June 27, 2018, 10:39:44 AM
 #254

Many times altcoin project can go scam and while bitcoin is the first ever currency made by the blockchain creator itself then we are sure that it is not going anywhere. Plus he himself is holding more than 6% of the bitcoin so we know very well how much important bitcoin is to him and to us. Thats why it provides more assurance that long term holding of bitcoin will always benefit us no matter what. Altcoin for example, liteocin is created over the blockchain by new start ups who has goal in front of them. But they are not bound here by any means and they can literally screw us at anytime so thats more riskier.
realaccountakira
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June 27, 2018, 10:44:46 AM
 #255

Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?

Bitcoin is the "king" of cryptocurrencies for a reason.

It is at the top because it not only has the most value, but because it is the most known and most used cryptocurrency as of the moment. Of course, this can and probably will change over time, but until some other coin gains approval and popularity at the level of bitcoin, bitcoin is going nowhere.

 
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putrisa
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June 27, 2018, 11:07:07 AM
 #256

yes you really should be like that should be confident that bitcoin can be used for long-term investment because with bitcoin and apply long-term investment you can get a lot of profit.
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June 27, 2018, 11:35:58 AM
 #257

yes you really should be like that should be confident that bitcoin can be used for long-term investment because with bitcoin and apply long-term investment you can get a lot of profit.
Bitcoin and other technologies are transforming money systems from centralized to decentralized systems.Decentralized networks are peer-to-peer, which means money passes directly from one person to another. This makes it easier for average people to get around government controls, and harder for officials to steal or seize money.
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June 27, 2018, 11:54:40 AM
 #258

Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?



Simply because bitcoin is more popular and made a good reputation in the market that attracts the investors to invest,the perception of people if they heard about bitcoin is profitable which is right, bitcoin proved itself how worthy and deserved to be on top.




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June 27, 2018, 04:51:56 PM
 #259

For some people around it is really important, because if bitcoin was the first it means that it is not so easy destroyable. Is something as living already for some time, it means that it is endurable more than other thing.
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June 28, 2018, 07:59:35 AM
 #260

Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?

Simply because bitcoin is more popular and made a good reputation in the market that attracts the investors to invest,the perception of people if they heard about bitcoin is profitable which is right, bitcoin proved itself how worthy and deserved to be on top.

it because the first time we know about cryptocurrency is bitcoin and we know that bitcoin is superior to the other coins and it cannot compare with the other. we really want to make money from bitcoin and we are trying to collect as much bitcoin as we can while we can do many things to get bitcoin. all we want to make money is from bitcoin but we have another choice to increase the amount of bitcoin that we want from the altcoin. so altcoin will help us to collect more bitcoin.

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