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Author Topic: Long term argument for bitcoin  (Read 5896 times)
darewaller
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July 05, 2018, 08:20:27 AM
 #321

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?
I’m not really sure but I believe you trust your bank more than cryptocurrency. So that’s the same thing here, people trust bitcoin than other cryptocurrencies because it was the first that came out and proved to be more reliable and safe than others. Did you hear about Bitcoin Gold, you can remember what happened to it, that’s why most of us trust bitcoin.

Although we were able to recover from that of bitcoin gold, but what of other cryptocurrencies that ended and everyone lost their money. Well,  the thing here is that bitcoin is very good and we are used to it than others, others can serve as backup.
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July 05, 2018, 10:27:34 AM
 #322

And why choose between bitcoin and altcoyins, if you can invest both there and there equally?

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July 05, 2018, 10:39:08 AM
 #323

in the matter of investing, of course cryptocurrency is still really worth to be chosen and it still has a high chance of getting a brighter future that ultimately benefits. Talking about bitcoin.. certainly no doubt that this is very feasible, so are altcoins, but maybe in altcoins.. really should be able to pick a quality coin and still looks has a future or good development until the future.
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July 05, 2018, 11:28:56 AM
 #324

Let's say that they are the same that the only difference is Bitcoin being the first one.

The fact is that Bitcoin is more popular, accepted, and has built a nice reputation to the people. Also it has a bright future that is people see the price to surge up to multiple fold in the future that's why they prefer Bitcoin. Also it has been adopted and considered as the main and major cryptocurrency that is with countries who accepted Cryptocurrencies it is more mainly about they accepted Bitcoin. These countries who have announced their acceptance with Bitcoin as a medium for transactions, it added up to the trust of people that it would be more great in the future hence they prefer to invest on it.

Why would you invest in a coin which you are not confident about? People are confident in Bitcoin than any other coins out there.

I guess, it's always the best to be the leading coin as Bitcoin is the pioneer cryptocurrency in the market. The fact that it made the market popular seemingly singlehandedly proved that it is one of the better and more reliable coins around. Having that trustworthy characteristic, people tend to gravitate on using it, which in turn, helps it gain more transactions and acceptability all around the market. That's why many businesses, even if not versed with cryptocurrencies, know Bitcoin at least.

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July 05, 2018, 11:52:38 AM
 #325

Most of the coin as of now are tying to be as bitcoin or bringing more offer to surpass BTC, but almost of them failed, cause the reputation that establish by BTC was too insane to regenerate, its capability was all known in market and economy that's why the trust of investors are being root even there are many rivalry that try to make a better actions. The assurance of users since 2009 regarding BTC was it's mane sword for being top of the list in market and to expand its popularity around the globe.

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July 05, 2018, 11:59:57 AM
 #326

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?

In my own opinion, long term holding for cryptocurrency is not good because the market price just might go down and there is no guarantee that it will always increase so trading daily is much better than long time holding.

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July 07, 2018, 11:01:40 AM
 #327

You mean long term "discussion"? Because argument is not something like this. I do believe in bitcoin and crypto in general because we needed something like this. Online social media world needed a way to connect with the world and they did that. This is the economical version of that.

We can connect and pay and get paid from all over the world for very cheap and without any hassle. In social media you use a nick and not yourself and talk about anything you want. In bitcoin you use an address (wallet) and get paid without knowing who the other person is.
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July 09, 2018, 01:26:04 PM
 #328

Bitcoin is highly volatile so we need long-term and short-term investment. We must have a specific plan for each stage of development as well as each of our goals. this is  Long term argument for bitcoin
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July 09, 2018, 01:49:31 PM
 #329

It must be admitted that today more and more haters, they are willing to spend large amounts of money to make users bitcoin panic, we as users of course must be familiar with the negative news and always believe that the future will continue to improve.


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July 09, 2018, 02:29:29 PM
 #330

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 most popular crypto currency and also the foundation of crypto, bitcoin can survive in the long run and no other coin can compete with bitcoin. Bitcoin has the highest confidence in crypto and can make bitcoin will continue to increase in value, and therefore holding bitcoin in the long run will give better results.

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July 09, 2018, 05:02:34 PM
 #331

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?

Never compare Bitcoin into altcoin pal, because altcoin is just a copy of bitcoin in my opinion. Bitcoin is the highest value of digital currency while 

altcoins is just a 3/4 price only of bitcoin or less. And we cannot erase that bitcoin is the Father of all cryptocurrency and it can't never be change

at all.
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July 09, 2018, 06:21:00 PM
 #332

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?
of course that's important.
big names of bitcoin will be hard to replace by altcoin, although litecoin has the same features as bitcoin but still more people's confidence in bitcoin.
and yes, bitcoin is the first, and that's very important.
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July 09, 2018, 08:46:39 PM
 #333

An argument presented in a US courtroom will alarm many observers: Bitcoin is not real money, so one if someone accused of money laundering can not be summoned. money laundering. " That is the argument for its long-term investment

I doubt it, many countries are classifying Bitcoin as a form of asset, or currency. As such, it would applicable under money laundering laws. Virtually any asset can be considered under money laundering laws AFAIK

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July 09, 2018, 09:50:19 PM
 #334

yes of course important because without the bitcoin also will not create an altcoin in my opinion
bitcoin own popularity is widely known by the public and we all believe for growth will be profitable and life change better
because if altcoin is still difficult to predict for growth, will it continue to survive like bitcoin or not, it needs careful analysis and research
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July 10, 2018, 05:18:47 AM
 #335

The fact is that bitcoin has the largest capitalization in the cryptocurrency market, so it is the most reliable asset.



I think on paper easier to say that all the coin similar, but one line of code bad can be a huge losses and experience with bitcoin make clear that we will not have a big problem with ease. to conclude coins not really any results. their value based on the trust and use. bitcoin widely used and this is what makes bitcoin more valuable than currency crypto other. bitcoin better tested on higher volume and in-term longer time that makes bitcoin more reliable than currency crypto other.
Not only with these two coins but with another as well. Al the crypto are for this reason. We have to change our lives through them as they are best sources and chance for this thing. People have shown such keen interest towards this bitcoin world and they have got handsome earning. With which they have enhanced their living standards and now life is much happier for them.
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July 10, 2018, 09:23:21 AM
 #336

Because BTC is the first cryptocurrency, Bitcoin currently has the largest user base in the entire blockchain world, with millions of people holding bitcoin. Many media reports and publicity on BTC have expanded the visibility of BTC!
As the most successful application on the blockchain, BTC has a high market value!

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July 10, 2018, 09:37:57 AM
 #337

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 more reliable than other crypto coins, and also many investors believe in bitcoin so it will make bitcoin there is always demand and will be able to survive in the long run.
You are right to some extent but it does matter brother. Do you want to hold a coin that is not much stronger? You better know that this one would be faded away in coming days or once it gets in a dip, this would require so long time to rehabilitate? I am sure a wise trader of investor never goes for a coin. Like ripple, it just went up so long and people invested in it, but soon that ended up in nothing.
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July 10, 2018, 09:47:31 AM
 #338

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?
of course that's important.
big names of bitcoin will be hard to replace by altcoin, although litecoin has the same features as bitcoin but still more people's confidence in bitcoin.
and yes, bitcoin is the first, and that's very important.

besides that, bitcoin still leading the crypto and still be the king in the market as the altcoin following to where bitcoin goes. so I don't think that altcoin can replace bitcoin position and as long as there is bitcoin then altcoin will be the second and altcoin can help us to make more bitcoin. I think this is the function of altcoin so far because, with altcoin trade pair bitcoin, we can earn more and more bitcoin.

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July 10, 2018, 11:21:44 AM
 #339

There will always be that.BTC has more than one milion users.BTC is the only one that has so many people, and they will always have arguments from all these people.

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July 11, 2018, 12:14:03 PM
 #340

Yes it is important that bitcoin is the first and already proven  can survive from FUD and the prohibition of some countries does not make its value to fall or disappear. And bitcoin has been widely accepted and used by large companies. Like big cameras and microsofs. Investing in bitcoin is very precise.

I agree with your mind because the popularity of Bitcoin is incredible. If to look into past weekend see the following hands and groin for it but not closing and disappearing from the market. It has stability for real time.

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