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Author Topic: Long term argument for bitcoin  (Read 5896 times)
GrayFullbuster
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July 11, 2018, 12:48:38 PM
 #341

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?
The bitcoin built trust to its users. The users are now aware on how powerful is the bitcoin. You can ensure that the bitcoin will not lose its value because it has strong support from its solid community.

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DaftAjax
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July 11, 2018, 01:00:20 PM
 #342

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?

Yes, any other altcoin that are successful at the moment or at this point, are probably as the same as Bitcoin asset-wise. And yes it does matter, because we are talking about the long term here. And being first have a great impact on it, not that it is first come first serve but what I mean is, the reputation that has been built up so far. Bitcoin have influence some enterprises now, medium even large enterprises. They've acknowledge it since it reached the rocket stage, sure altcoins will have potentials but Bitcoin have already been exposed and have been used a way longer now. They don't have the confidence in using other crypto that they are not familiar about.

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waitforme
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July 11, 2018, 01:03:17 PM
 #343

I believe in Bitcoin because it is currently Altcoin with the highest current price and highest capitalisation in the market. There may be a lot of Altcoins that has a better foundation than Bitcoin, but it's not widely recognised for the potential it offers.

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July 11, 2018, 01:31:35 PM
 #344

It's a matter of popularity I think. Also, bitcoin gained already a respectable image in the crypto world.
laravuemaster
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July 11, 2018, 03:27:49 PM
 #345

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?

The long term argument for bitcoins is that, there are bunch of people who are telling that cryptocurrency or bitcoins will die in this time bla bla bla, but in the end of the day, the price will be still growing and those people will regret not investing while the market price is still dumping.

hacekd
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July 11, 2018, 03:30:11 PM
 #346

Long-term investment is the right place from now on, especially on the issue of Bitcoin prices. The financial world recognizes the return of long-term investment plans, such as making a big bet on the future of a company or asset that will deliver much better results than short-term prospects.

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AlenaKal007
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July 11, 2018, 03:39:40 PM
 #347

It seems that bitcoin is preparing for growth. There is a full feeling that the holiday of investors is just around the corner)) Roll Eyes
Sofiyah
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July 11, 2018, 03:39:54 PM
 #348

actually long term is good to do if we buy bitcoin when the price really down or cheap. because at that time we already know and will be sure if bitcoin will rise again to the normal price. like now, bitcoin prices keep going down, I think it's the right time to buy bitcoin and we hold long term. but only people who are patient can use long term technique, because if not patient can be panic selling.
stayeduptolate
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July 16, 2018, 10:22:48 AM
 #349

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?
We all know that crypto currencies are increasing in the world with a very great speed and the matter of sheer interest is that for people the world crypto currency means a new way of technology and that is why most developed countries has even legalised it and moreover they have experienced a great boost in their development also but still bitcoin is the topper of all the currencies around and no doubt bitcoin among all crypto currencies is a very sustainable crypto currency.
jeronimosuykens
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August 05, 2018, 09:35:51 PM
 #350

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
Is that a disadvantage for investors? If they let electronic money be used by those who launder money, corruption is increasingly difficult. The disadvantage will come and the government will start. What a joke. But I think all the hard work has to be solved, we need to calm down before these events.
renc77
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August 05, 2018, 10:02:35 PM
 #351

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 famous cryptocurrency in digital world. People tend to be confident using Bitcoin because they know that there are many people trust the way Bitcoin do.

Its obvious that the features of most of the altcoins are similar since they are all as considered digital currency. However, I would say that this similarities is for sure resulting to a win-win relationship among altcoins and cryptocurrencies. As they find a way to be a unique digital currency, development of technological society growing faster.

Hopefully, these arguments continue to help altcoins to grow. Just keep the flames, while using netiquette. Cheesy
Oppang Inamo
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August 05, 2018, 10:50:41 PM
 #352

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?

It is indeed important. Some altcoins that are already on the market could still be destroyed and not all are good enough thus being terminated in lots of exchanges and tradings. Those who doesn't trust Bitcoin in its long-term would be the same as those people back then who use it to buy pizza instead of holding it.
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August 05, 2018, 11:53:40 PM
 #353

Altcoin price is depending on bitcoin price. If bitcoin price going up, then altcoin price will going up to. If bitcoin price going down, altcoin price will be go down. I think bitcoin is more important to long term because bitcoin is king of cryptocurrency.
AjithBtc
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August 05, 2018, 11:59:01 PM
 #354

Altcoin price is depending on bitcoin price. If bitcoin price going up, then altcoin price will going up to. If bitcoin price going down, altcoin price will be go down. I think bitcoin is more important to long term because bitcoin is king of cryptocurrency.
Yes, without bitcoin we could've never come across altcoins. Each and every altcoin has got some sort of dependence over bitcoin directly or indirectly. The dependence can be clearly observed, as the above quote states there will be massive fall in value of altcoins when the bitcoin drops low.

ylnar123
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August 05, 2018, 11:59:12 PM
 #355

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 has already established it's reputation in the market that any investors will not be down in it if talking about a long term investment. Litecoin in the other hand is a good altcoins though, but it has never been a consistent one and has never gotten any huge rise on it's price even in the years passed.

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August 06, 2018, 01:56:59 AM
 #356

Yes of course bitcoin is the first ever currency and It can easily increase it's price unlike the other currency they value is depending on a currency which is bitcoin that's why most of the investors are investing to bitcoin for a long term investments. And I think I also like to make some invesments to it just like other people did to their money that they invested to it.

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August 06, 2018, 12:48:15 PM
 #357

I think for the long term bitcoin does have a very high potential, but to achieve this there will be many cliffs and valleys that will be formed meaning that it requires strong mental and confidence to be able to benefit long-term bitcoin.
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August 06, 2018, 12:58:37 PM
 #358

Actually for me, it's not because bitcoin is first that i feel confident about investing it in long term. But because i look into the past, and this current situation, bitcoin surely is the strongest coin, not like others. It's the most popular and valuable among all cryptocurrency.
And we already know, although bitcoin sometimes faces it's down, it manages to survive and even the value increase more and more. I believe in the long term, we can see bitcoin develop even more than now. And i think other altcoin can't do that yet, some of them are great, but nothing able to beat bitcoin yet.

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August 06, 2018, 01:22:40 PM
 #359

I think for the long term bitcoin does have a very high potential, but to achieve this there will be many cliffs and valleys that will be formed meaning that it requires strong mental and confidence to be able to benefit long-term bitcoin.
This is for people who have a lot of money and do not have much time to buy and sell by date. I do not have much money so I have to trade for profit. I have to get money to pay for my daily expenses.
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August 06, 2018, 01:30:47 PM
 #360

Actually for me, it's not because bitcoin is first that i feel confident about investing it in long term. But because i look into the past, and this current situation, bitcoin surely is the strongest coin, not like others. It's the most popular and valuable among all cryptocurrency.
And we already know, although bitcoin sometimes faces it's down, it manages to survive and even the value increase more and more. I believe in the long term, we can see bitcoin develop even more than now. And i think other altcoin can't do that yet, some of them are great, but nothing able to beat bitcoin yet.

I agree, I think for now there are no altcoins that can beat bitcoin even if time will pass I am sure that bitcoin will still lead the crypto market. Bitcoin is a long term investment for us.

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