Worried about btc future

[sukamasoto]

I don't think it's necessary to worry too much. Mainly depends on the number of people to use. Look at this point. None of the others can compare with BTC. So I think the future of BTC must be good

good point. Totally agree with you are you investing your money?

Bitcoin still consider as risky investation so let say if you keep 1 btc for next 4 years !
There are 2 probility , become a millionaire or bitcoin vanish before 4 year.

So if you're in profit at the moment, just sell partially for some profit !

[Indrawan77]

Do tou see the positive trend recently? Have you see the price passed $6000?  When come to investment you need to be flexible,  if you think you can earn profit then keep it,  if one day bitcoin become worthless then you still got time to switch to other coin,  I cant preduct too far because  there are so many unpredictable things,  but I know this few years  bitcoin's value will keep on increasing

[Bustart]

I see a lot of optimism about bitcoin, which is understandable seeing the price recently.

Oh come on we've always been optimistic. I've been around since 2015 when the price went totally down and everyone started losing hope in btc.
Guess how much was one bitcoin for at that time ?
It was for $270 !
I guess that's enough optimism for me really  

-Block size. Which makes the delay and fees of transaction rise very fast. Smaller transactions are more and more difficult to make.

This should be solved with time.

-The centralization of the market. China got low cost electricity, which make them by far the most bitcoin mining capable.

What ? There's difference between the bitcoin "market" which is exchanges, trades etc. And mining power.
The "market" isn't centralized in China at all. For example, poloniex is US-based. Bitfinex is in Honk Kong and others.

Regarding the mining power, it's debatable. But I can for sure say that this is not nice as it's supposed to be not centralized. But guess what , the whole world lives off China. All of our food, clothes etc are made there. It's just because of their low price electricity that mining farms are setup there.

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.

You were there when BCH split happened and you saw what happened after it to the price. You decide if these hard forks are actually of any danger or are worth getting called "attacks"

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.

You've been holding since 2014   Mate you totally aren't the one who should ask or make such threads as you made quite a lot out of it.
Switching to ETH ? No thank you. There's no much action over there. It's kinda constant.

Plus even if btc price goes down (which in my own opinion will happen after the BTG fork) what did you lose ? Nothing really nothing.
You've been through times when the price was much worse and you know what happens later, it skyrockets.

Later can range from days to months. It doesn't matter.

I see nothing to worry about the future of BTC because it unstoppable due to it's very useful and profitable uses. It is very popular today since many people interested to join and more investors trusted it for they believe that bitcoin is a good future investment. Even though it encountered hard fork but people not afraid to used it. Importantly, bitcoin does not need to win every battle to justify a sky high price. It still depend on the number of users of bitcoin.

[DoublerHunter]

Why would you worry about the future of bitcoin if you can see that it has a great progress and that progress is enough to say that there is nothing to worry about the progress of bitcoin and instead of worrying, just be positive and think all about the good progress that bitcoin has and the benefits that you might get in the future if you will still stick with bitcoin.

[Faruque312]

No I don't worried about btc future.  cause I know this is the time for holding bitcoin then I can success in my life I see my future is bright if me/you hold bitcoin right now. we already passed bitcoin low prices. so no lose any more

[8Habits]

No I don't worried about btc future.  cause I know this is the time for holding bitcoin then I can success in my life I see my future is bright if me/you hold bitcoin right now. we already passed bitcoin low prices. so no lose any more

We will gain more if we just hold and have the patience to reach our desired profit. However, it will be going to earn a lot if we become a good cryptocurrency trader. There is much opportunity with trading altcoins but this is not really for everyone though because others can't take the risk and the emotions when they trade.

[ajmapalo22]

I got your point and its true that in the future we might experience difficulties in doing bitcoin transaction because of the block chain that is limited but I think developers anticipate that and for sure they are studying things so they can offer solutions for these issues I'd like to believe that the reason behind those hard fork is to have a divert market for bitcoin while developers are searching for solutions, they offer other coins so that the market demand for bitcoin will not grow faster like we are experience currently.

[bncbnc]

Why would you worry about the future of bitcoin if you can see that it has a great progress and that progress is enough to say that there is nothing to worry about the progress of bitcoin and instead of worrying, just be positive and think all about the good progress that bitcoin has and the benefits that you might get in the future if you will still stick with bitcoin.

Different issues are there which are making the bitcoin future a little shady, but i think such issues can be overcome. I think the most important is that bitcoin should be legalize throughout the world. although some countries already turn bitcoin as legal currency and many more are still working on it, when bitcoin will become legalize it will become more secure. I am hopeful that bitcoin will become more secure in future and will be the main currency of the world.

[Anita1873]

You don't worry about Bitcoin future as it will never disappoint you if you invest in BTC. This coin is at near life time high but still have huge potential in it due to its demand/supply mismatch and it is widening day by day because more and more new people want to invest in it due to its sharp rise.

[Slipknot79]

Its already too big to ever bring down. Really no need to worry at all.

[yoseph]

I hope Bitcoin will be okay. But I guess anything can happen in the crypto world. 

I certainly agree with you on that, that's why is important to diversify and not invest everything you have in cryptocurrencies because in the scenario where the market crashes which is currently unlikely you will have a buffer to lay on.

[Barcode_]

There is no need to worry much about the future of bitcoin, even with the hard fork happening, those free coin given out to bitcoin owner will just stand as a new altcoin, most users will still prefer to buy and keep bitcoin as their main priority, so the values of bitcoin would be much more stable than the other altcoins.

[dcash]

Yea, Is there a chance that corrective pullback will happen? Just like in stock market? Will elliot wave work after a bitcoin bubble? 

[pimvinken]

Yes, there are too many optimism in bitcoin price and most of people think bitcoin will rise more and more in the future, however, nothing can be so sure, bitcoin maybe drop in few days, they said that october 26 is the day decide bitcoin will live or not. So if you worry, you can exchange your money to etherium.

[Rev1234]

I was investing some time on Bitcoin.
I hope the value will be stable in the future.
Sure none can forecast it.

[cizatext]

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.

Yes I think the delay in tractions of smaller amount of bitcoin and the high fees that is charge on it makes me worried at times, I think the blockchains are trying to discouraged small amount transaction which will be very bad for beginners like us and secoñdly the ban place on bitcoin by China since China is the biggest market for bitcoin.

[FoxTheHuman]

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'm also worried about this, but I think it can continue to evolve in the next few years so try to make a lot of profit. And instead of putting all your money into bitcoin, spend 20% of that money on altcoin.

[salihno71]

What doesn't kill you, makes you stronger. There is a possibility that some of the above or even a new yet unforeseen threat might destroy btc but all the issues usually result in the attempt to solve them. SegWit is a step towards fee reduction, Lightning network is an attempt to solve the scaling problem. So once the problem is recognized, people start to work on solution. We will see what tomorrow brings.

[gambitcoin53]

i think in the near future, bitcoin and other cryptocurrency will be more in demand, you should not be worried, remember the law of supply and demand...the more demand the more profit you will have. just keep on track with your coins. from time to time, make some investments and other stuff to make your bitcoins not stagnant and keep your security feature more satisfaying. 

[Xanxus024]

Well everybody has their own opinion, It is possible that will be happen in the future but I'm not worried because the more they mined bitcoin value is going to increase also. If twenty one million bitcoin are mined i think buying and selling bitcoin i know it will cost very very high. I think bitcoin hoarding will be a big problem in the future.