Worried about btc future

[8Habits]

The future of bitcoin is still good, it still going up again after suffering a big price crash. It is highly volatile and nobody control the bitcoin  but as long as the strong support is still there, there is no need to worry. Bitcoin is still leading the way to another new all time high in the future although it will still encounter some hardforks along the way.

You are correct mate that bitcoin is really volatile. However, this is really what most of cryptocurrency traders - they want it to be that volatile so that they can have the potential to win whether the price is going up or down and it will then be just how they position their open position and pre-planned their closing position.

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[aardvark15]

I share some of those concerns as well, and Bitcoin is still a risky investment. They need to address the block size and fees or it could become a problem.

There is also the concern that Bitcoin is in a bubble right now and that the crash is going to be big. I think this is unlikely, but it’s good to be realistic and be ready for this possibility.

[seek4dream]

I share some of those concerns as well, and Bitcoin is still a risky investment. They need to address the block size and fees or it could become a problem.

There is also the concern that Bitcoin is in a bubble right now and that the crash is going to be big. I think this is unlikely, but it’s good to be realistic and be ready for this possibility.

If that crash do come someday, I'd be more than happy to collect more.
Actually I believe any crash is  just correction. The long term trend is upward for sure.

[Bonakid]

I see a lot of optimism about bitcoin, which is understandable seeing the price recently.
But I have to admit I'm a little worried about the long term future of btc.
The major problems if the currency still haven't been dealt with. I see 2 major ones:

-Block size. Which makes the delay and fees of transaction rise very fast. Smaller transactions are more and more difficult to make.
-The centralization of the market. China got low cost electricity, which make them by far the most bitcoin mining capable.
-And maybe others that I'm not aware of.

Another thing: The Hard forks that are oddly getting much more frequent than before. (BCH, BTG, Segwitx2 etc...) It almost looks like "attacks" in order to divide us. Now called "airdrops" by the community. Even though they're supposed to solve some of the problems.

All in all, this makes me really worried about btc future. I've been a strong holder since 2014, and I made quite a lot of money with bitcoins, but I begin to doubt now, even though the price is crushing ATM. Please help me keeping faith. Or should I switch to another currency ? Really thinking about ETH recently.

I dont think so you need to worry from bitcoin,I see that bitcoin now has a strong foundation to build.The price of it is volatile so it must rising or falling, the demand of bitcoin now is in good terms I thinks it has a better future someday no need to worry for your long term investments,but in reality always be ready for whatever happens.

[seek4dream]

I see a lot of optimism about bitcoin, which is understandable seeing the price recently.
But I have to admit I'm a little worried about the long term future of btc.
The major problems if the currency still haven't been dealt with. I see 2 major ones:

-Block size. Which makes the delay and fees of transaction rise very fast. Smaller transactions are more and more difficult to make.
-The centralization of the market. China got low cost electricity, which make them by far the most bitcoin mining capable.
-And maybe others that I'm not aware of.

Another thing: The Hard forks that are oddly getting much more frequent than before. (BCH, BTG, Segwitx2 etc...) It almost looks like "attacks" in order to divide us. Now called "airdrops" by the community. Even though they're supposed to solve some of the problems.

All in all, this makes me really worried about btc future. I've been a strong holder since 2014, and I made quite a lot of money with bitcoins, but I begin to doubt now, even though the price is crushing ATM. Please help me keeping faith. Or should I switch to another currency ? Really thinking about ETH recently.

I dont think so you need to worry from bitcoin,I see that bitcoin now has a strong foundation to build.The price of it is volatile so it must rising or falling, the demand of bitcoin now is in good terms I thinks it has a better future someday no need to worry for your long term investments,but in reality always be ready for whatever happens.

I agree. BTC has attracted more and more attention from public.
It is easy to notice that more people are talking about it than ever.
It is growing exponentially.

[Faith Joy]

I see a lot of optimism about bitcoin, which is understandable seeing the price recently.
But I have to admit I'm a little worried about the long term future of btc.
The major problems if the currency still haven't been dealt with. I see 2 major ones:

-Block size. Which makes the delay and fees of transaction rise very fast. Smaller transactions are more and more difficult to make.
-The centralization of the market. China got low cost electricity, which make them by far the most bitcoin mining capable.
-And maybe others that I'm not aware of.

Another thing: The Hard forks that are oddly getting much more frequent than before. (BCH, BTG, Segwitx2 etc...) It almost looks like "attacks" in order to divide us. Now called "airdrops" by the community. Even though they're supposed to solve some of the problems.

All in all, this makes me really worried about btc future. I've been a strong holder since 2014, and I made quite a lot of money with bitcoins, but I begin to doubt now, even though the price is crushing ATM. Please help me keeping faith. Or should I switch to another currency ? Really thinking about ETH recently.

With your second point:

It seems like more people regardless of the amount of splits end up depending on Bitcoin anyway. We can tell this by the amount of people who quickly dumped their Bitcoin cash instantly to get more Bitcoin. Furthermore, the support of the splits aren't as widespread as the support of Bitcoin itself.

You need not to worry about the future of the bitcoin. If bitcoin does not survive I do not see any other currency taking bitcoin place, so if you want to get out of bitcoin I will suggest to get out of cryptocurrencies completely, and about the hard forks it is very obvious the forks are not being created to solve anything, it is just an attempt to make money with bitcoin’s name and at the same time to attack bitcoin and see if people fall and accept one of these awful coins as the new dominant coin. Bitcoin's future is really so successful.

[doblok]

If we are talking about the concern that everyone will have the same thoughts because they will feel job loss and we have no activity anymore, but I believe that bitcoin in the future will remain noble.

[Coral27]

I see a lot of optimism about bitcoin, which is understandable seeing the price recently.
But I have to admit I'm a little worried about the long term future of btc.
The major problems if the currency still haven't been dealt with. I see 2 major ones:

-Block size. Which makes the delay and fees of transaction rise very fast. Smaller transactions are more and more difficult to make.
-The centralization of the market. China got low cost electricity, which make them by far the most bitcoin mining capable.
-And maybe others that I'm not aware of.

Another thing: The Hard forks that are oddly getting much more frequent than before. (BCH, BTG, Segwitx2 etc...) It almost looks like "attacks" in order to divide us. Now called "airdrops" by the community. Even though they're supposed to solve some of the problems.

All in all, this makes me really worried about btc future. I've been a strong holder since 2014, and I made quite a lot of money with bitcoins, but I begin to doubt now, even though the price is crushing ATM. Please help me keeping faith. Or should I switch to another currency ? Really thinking about ETH recently.

Transaction fees are going high because of the rising number of transaction on that particular time. Which means more and more miners are needed to compensate this increase and provide lower transaction fees.

Hard forks on the other hand really don't affect the coin negatively. Two hard forks was made this years and if you will see the prices it affected the price positively.

I think there is no need to worry about bitcoin future because bitcoin future is very bright and secure so I think end of the year some more countries will also join bitcoin and it will give more power and strength to bitcoin and next year will be more lucky for bitcoin because this year was much batter then last year so every year bitcoin is going to do progress.

[deloreswest]

I dont know why but i do agree with you.
Those are one of the reason and the other is when it grows in price I knd of fear it is also nearing a chaos.
It is becoming the apple of the eye of the government and they might do steps that will make the bitcoin world have problems.
The forks are true. Since it hit the thousand dollar mark a lot have been happening which did not before.

yes we afraid of mass dumping that might broke the market. but i do believe there will be a long future for bitcoin and it has to be a good one

[enterprevic1]

I am actually no longer worried about what's going on with bitcoin, I have come to understand how the market works and what causes the the price fluctuations, and all I can say is that whoever is interested in investing in bitcoins or any cryptocurrency should go read up a lot of stuff on investments, so as not to end up crying.

[rickyleatham]

i think as long as bitcoin is still be used by most investors on the world, there will be more and more people worry and ask about bitcoin future, i think you should not worry about that because one day bitcoin will die, so you should focus on your
bibtcoin investing and earn some more bitcoin.

[alexsandria]

I see a lot of optimism about bitcoin, which is understandable seeing the price recently.
But I have to admit I'm a little worried about the long term future of btc.
The major problems if the currency still haven't been dealt with. I see 2 major ones:

-Block size. Which makes the delay and fees of transaction rise very fast. Smaller transactions are more and more difficult to make.
-The centralization of the market. China got low cost electricity, which make them by far the most bitcoin mining capable.
-And maybe others that I'm not aware of.

Another thing: The Hard forks that are oddly getting much more frequent than before. (BCH, BTG, Segwitx2 etc...) It almost looks like "attacks" in order to divide us. Now called "airdrops" by the community. Even though they're supposed to solve some of the problems.

All in all, this makes me really worried about btc future. I've been a strong holder since 2014, and I made quite a lot of money with bitcoins, but I begin to doubt now, even though the price is crushing ATM. Please help me keeping faith. Or should I switch to another currency ? Really thinking about ETH recently.

Worrying is part on being an investor and bussiness you should always wanted to make sure that your money is safe. But im pretty sure that what ever difficulties bitcoin is strugelling now they would make a way to repair that problem. And im sure that bitcoin would be upgrade for a great adjudtment happened.

[Razick]

If you are worried about BTC then you should sell it all because you clearly don't understand it. Nothing worries me about BTC ever. The system is designed to improve as time goes on and more attacks occur on it. That's how an open source, decentralized system works. That's why it is immutable and all these other blockchains are not immutable. Centralized systems fail, fully decentralized systems do not.

[Pujangga]

No need to worry about the future, everything will be fine, the best thing is we have to sell bitcoin if it is profit, keep bitcoin for long time will not guarantee profit.

[Domenc]

One should not be much worried about Bitcoin’s future because of its Block size and other issues like decentralization because these things will be easily solved in the coming time. If you really need to worry about the future of Bitcoin then you should have a concern regarding regulations imposed by government as it can harm the decentralized system and if regulations are not imposed than government might impose a ban on Bitcoin.

[Thunderlizard]

Yes i am worried too because if bitcoin goes above 20k who would buy it for that price no one because only rich people will have enough money to buy a coin for a price like that so i do not know what will happen.

[Arumi.Bilqis]

If talking about this issue is a very natural thing because we will never know how long bitcoin will last.
but I would argue that bitcoin will survive as it looks very promising.
and the development of bitcoin is very widespread as well as a lot of users

[seek4dream]

Yes i am worried too because if bitcoin goes above 20k who would buy it for that price no one because only rich people will have enough money to buy a coin for a price like that so i do not know what will happen.

Since there will be less than 21 million BTC in the world, not everyone is supposed to have a whole BTC anyway.
We should feel lucky to hold a BTC while it is still cheap.

[pat4cryptoreal]

Before you begin to get worried about bitcoin future and the different fork that is taking place. Take time to study about the fork and it significant. You buying all other altcoins is also a good investment.

[ab005]

No never worry about the bitcoins because its a digital form of trade where you can earn handsome amount of money .Ups and down are always there but it does not mean to worry about its totally decentralized organized form of digital currency.