Long term argument for bitcoin

[nostrings]

The inflation rate of bitcoin will only decrease over time which will make it a great investment because supply will drop and demand will only grow.

[KonstantinosM]

Well, the first mover advantage is huge.

Bitcoin can offer the best security due to its size. It can also offer the most liquid markets, price doesn't change much if you do big transaction.


It takes less space then Ethereum to run a true fully validating node.


On the long-term bitcoin can remain top dog, due to the fair distribution and name recognition it has as well as the factors mentioned above.

When you think crypto-currency which one comes to mind first?
Which is the least volatile?
Which has the biggest hashrate?

Bitcoin.

Soon, the inflation from miner rewards is going to drop below the inflation of The US dollar from money creation. I think this is the equivalent of bitcoin going from being a child to an adult.

[AncientMystery]

I think that BTC will hold its 1 position of crypto king and that will guarantee it constant growth, I'm sure than BTC is actually the best long-term investment.

[Sum24]

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?

As far as I know bitcoin have small total supply and most difficult to exploit. So their prices are usually more expensive than the easy-to-earn altcoins. People often prefer a transactional security and bitcoin to meet that

i think bitcoin is easy to get too, provided we have funds to buy it. but long-term bitcoin because btc is a modern exchange tool, which will eventually use the internet network

Yes it is not very hard to get a bitcoin because it is now famous and everyone know about it, we can get it only by making a miner research but it is very important to be careful while choosing for site to buy bitcoin, once we buy the other one wise step could be holding for long term and not selling it so early, so the more we will hold our bitcoin it will be high in price, short term holding give mini profit as compare to holding for long term.

[hicoine]

bitcoin unlimited will allow the miners to ensure their profits are at a maximum in the long term. it will undermine layer two solutions like the lightning network and keep as many transactions on chain as possible. It’s mainly a greedy push from the miners for more money at the expense of the public.

[SkvorNyc777]

I think that actual argument is not only for holding BTC for long term but actually for holding any crypto for a long time because it has a great potential to develop in future.

[cahbagus555]

Bitcoin is store of value and can be global currency. Most people investing their money in bitcoin because bitcoin have limited supply and have biggest daily volume in market. Holding bitcoin for long term will be profitable when market start recovery and i am believe bitcoin can reach $50k like what experts said

[jcarlo]

Definitely that bitcoin was created first is a very strong argument as it marked the beginning of the creation of the same Litecoin and without it would not have started the era of cryptocurrency.

As first cryptocurrency, bitcoin give trust to their investor thru secure network. Many old coin in cryptomarket before but they can not survive because they are not deliver what they promise to their investor but bitcoin deliver the security and the promising return

[MMysterious]

I think the important thing about bitcoin is not the first coin in cryptocurrency but in network security. Bitcoin already proven secure and almost unhacked. Transaction data spread all around the world and hackers can not control or change the data. Thats why many people hold bitcoin for long term

Its true that bitcoin is much secure than any crypto that exist now. All the informations that bitcoin hacked before is misleading. Is just that the exchanges before got hacked not bitcoin until the bitcoin network still improving and get better than before. And soon it will change our financial system and people will accept and believe that bitcoin is a good storage of value than gold itself. It will be the digital gold and its price will skyrocket in no time. Buy and hodl bitcoin

[icecream sandwich]

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 think that is important. The more the coin survives the more it will become trusted by the investors, that is why they are investing into bitcoin and not on the other coins out there.

[iv4n]

I think the important thing about bitcoin is not the first coin in cryptocurrency but in network security. Bitcoin already proven secure and almost unhacked. Transaction data spread all around the world and hackers can not control or change the data. Thats why many people hold bitcoin for long term

Its true that bitcoin is much secure than any crypto that exist now. All the informations that bitcoin hacked before is misleading. Is just that the exchanges before got hacked not bitcoin until the bitcoin network still improving and get better than before. And soon it will change our financial system and people will accept and believe that bitcoin is a good storage of value than gold itself. It will be the digital gold and its price will skyrocket in no time. Buy and hodl bitcoin

Bitcoin is the most secure because it has the longest chain, it`s impossible to alter it, maybe if there is just one node, but there are many ones, only together they can change something, why there is so many forks, some people can`t agree and they go to separate way. That is basic of bitcoin, who wish to study it can find so many things online about nodes, chains, transactions, wallets, this is huge! But people still don`t make difference between centralized and decentralized systems, between mining and staking, and plus all that have their subsystems. I think the main benefit of cryptocurrencies are that you are your own boss, you can do what you wish, as long as you know how. Blockchain is a new world, and it`s being constantly upgraded, so we need to do the same, we need to learn a lot about new possibilities. That is the main advantage, you can be free much more than in any kind of centralized system, you can make your own destiny, again if you know how.

[Fideend]

being the first in the market has an advantage, we all know that bitcoin being the pioneer coin among others have long before proven that it survives the tests way before litecoin was. bitcoin has survive many hurdles, even today, bitcoin is the gauge by other cryptocurrenies that are dependent on bitcoin price in the market, bitcion is the first of its kind, it introduce blockchain technology to the whole world.

Yeah it is right that bitcoin is the first crypto in the world and is the leading crypto in the loss of cryptocurrencies. In the future bitcoin will take over the market and all other currencies will disappear from the market. Bitcoin will be the mainstream in the future no matter how much time it will take. The aim is the use of bitcoin as regular currency and it will take place in the future.

[admosfir]

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?

Because people consider bitcoin more reliable. If we take the functional, then some altcoins outperform bitcoin

yes you're right, most people know bitcoin than others, it can be said that bitcoin is the god of the crypto world. almost all altcoins are influenced by bitcoin, for example, if the price of bitcoin increases then most of the altcoin prices will also increase

[promich21]

I think the important thing about bitcoin is not the first coin in cryptocurrency but in network security. Bitcoin already proven secure and almost unhacked. Transaction data spread all around the world and hackers can not control or change the data. Thats why many people hold bitcoin for long term

I am not agree with you not all cryptocurrency  have same features. If you compare other coins with bitcoin you'll find out that bitcoin has more potential than other.

[CelesChere]

The long-term reasoning for Bitcoin is in the existence of Bitcoin in the coming years. There are new happenings or stop at the value of Bitcoin hovering.

[cintamoni]

I think the important thing about bitcoin is not the first coin in cryptocurrency but in network security. Bitcoin already proven secure and almost unhacked. Transaction data spread all around the world and hackers can not control or change the data. Thats why many people hold bitcoin for long term

We can't chose alt coins for long term invest we can only chose them for trading.Bitcoin can be use only for long term invest and future purpose.You're bitcoin is the first but still there's no comparison with alt.

[ucingucingan]

I agree with your opinion that crypto and bitcoin currencies are the same. The only difference is that bitcoin comes first while the sis follows, this is what makes the price of bitcoin much more expensive when compared to other crypto currencies, this is what influences investor confidence.

[onrise]

The long-term reasoning for Bitcoin is in the existence of Bitcoin in the coming years. There are new happenings or stop at the value of Bitcoin hovering.

People who want to invest for long term do not have to worry much about the market volatility which happens very frequently as they would be concerned more about their returns after 3-5 years. Till then it can be like huge price if you stay invested and keep on adding the coins when price falls.

[tonyparker]

If nobody uses BTC as a currency and has no real purpose other than being mined because some people hope/believe that it will substitute the fiat currencies in the world, then probably it is just an asset.

[bajingluncat]

in fact, in various ways in the world, especially trading products, the first is definitely the best in terms of quality, because the first is the determinant of the next product, why are you still doubting BTC? its existence has proven that the best BTC survives a long period of time is not easy, requires a lot of trust from the consumer, so the best btc need not be questioned anymore