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Author Topic: Will Bitcoin become a long-term trusted store of value?  (Read 3329 times)
amirshaf (OP)
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March 01, 2018, 10:47:02 PM
 #1

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
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March 01, 2018, 11:01:38 PM
 #2


If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.


Where do you get this figure from?

Bitcoin has the basic characteristics of a store of value, the main one being a limited supply. It will need to have some utility for it to be trusted as a store of value so it must succeed in some form as a currency.

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March 01, 2018, 11:13:21 PM
 #3

I believe that bitcoin can be a long term trusted coin because of its specs and usage. The scarcity also of bitcoin makes its endurance, why? Because if it has unlimited supply of coins then for sure its price will not goes up. The tendency is that, many investors will pull their investment because bitcoin is not profitable.
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March 02, 2018, 01:10:27 AM
 #4

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
It is a long term of value because you can trust it to save your future  finances

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March 05, 2018, 04:27:45 AM
 #5


If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.


Where do you get this figure from?

Bitcoin has the basic characteristics of a store of value, the main one being a limited supply. It will need to have some utility for it to be trusted as a store of value so it must succeed in some form as a currency.
True, bitcoin has the perfect characteristics to be a store of value in fact its characteristics are even better than gold, however there is a lot of competition with many other alts trying to take its place so if bitcoin is become a store of value it needs to leave no doubt that it is the best coin in the market and for that it needs to be adopted as a currency or have some other use.
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March 05, 2018, 07:04:47 AM
 #6

BTC is now recognized by governments, and his value is recognized by many countries.

Block chain technology will be developed this year, and the price of BTC will increase steadily!

BTC is really a good investment!
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March 05, 2018, 07:20:45 AM
 #7

Consider this :

1. You have invested money into Bitcoin in Jan 2017 and at the end of Dec 2017, the price increased by more than 800%.

2. You also invested the same amount of money at a Bank. < Interest vary between 3% to 10% >

How many years have you gained by investing your money into Bitcoin, if you received more that 800% interest in one year? Doing some basic math on 800% divided by say %10 <if you are lucky to get that> = 80. So what do you think, was the best long-term strategy for a store of value?

You only need 1 year with exceptional growth in Bitcoin's value to obliterate interest that you are getting from Banks and most other investments.  Grin  

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March 05, 2018, 07:29:29 AM
 #8

I think yes! bitcoin is most proven coin in cryptocurrency world! bitcoin always deserve long-term trusted store of value! I suggest you for keep faith over bitcoin for best investment.
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March 05, 2018, 07:37:46 AM
 #9

Bitcoin is a good long-term trusted store of value for all we know that it is much profitable investment than any other investments out there like banks and others. It gives us 10-20x more profit than this banks wish gives 3-10% profit only every year. We can't deny that bitcoin is much better than these banks. But there will always be risks in investing in bitcoin for we don't know what might happen to it in more coming years but let's just think of it, bitcoin has gained more popularity this year and last year because of its price and because of that, it gain lot of attentions and investors that also gives some people who wants to take down bitcoin by banning it to some countries, but after all this struggles, bitcoin still rises after every fall so there are chances that it will continue to be like this in more coming years. Always rising from it's fall and that gives us hope somehow that bitcoin will continue to rise in more coming years and it is a right decision to invest in bitcoin for long term investment.

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March 05, 2018, 07:38:01 AM
 #10

It is already used more of as a store of value rather than means of exchange, but this may change in the future.

If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
 
I’m not sure why you say this, as it is true in fiat-deflationary currencies but not so sure that would happen with bitcon,

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March 05, 2018, 07:58:53 AM
 #11

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

I think that right now, people are not aware of the potential bitcoin has yet, with many critics calling it a scam or a ponzi scheme.

But in reality I think it's one of the only replacements for gold/silver or other precious metals or commodities as a viable long term store of value. It is decentralised, it is the first crypto, it has a capped number that can ever exist.

Essentially, nobody can abuse the printing press or set interest rates to control how much money is in existence and whether currency needs to be debased, which often has ended in hyperinflation in the cases of Venezuela, Zimbabwe, Argentina, you name it.

BTC in my honest opinion will become a global store of value with even an edge to gold. If you're investing in BTC you should ask yourself if you believe in that happening too, if yes, then you're ready to hold for the long term.
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March 05, 2018, 08:22:26 AM
Last edit: April 27, 2018, 01:18:32 AM by terlesbogli
 #12

Cryptocurrencies are still a new and hyper-volatile asset class and could drop to near-zero at any time. he states. Don’t put in more money than you can afford to lose. If you’re trying to figure out where to store your life savings, traditional assets are still your safest bet. Bitcoin isn’t immune to severe rises and falls either. On November 12, 2017, Bitcoin had a value of $5,969. That number jumped up to a hefty $19,189 on December 16, 2017, and then tumbled down to a $7,000 value by February 6, 2018. Right now, Bitcoin’s worth sits at $9,083, but that could rise or fall at the drop of a digital dime.
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March 05, 2018, 09:29:29 AM
 #13

Yes it can be used for long term investment but the price of 2 million per bitcoin is too high, it's possible but it will take time and the chances is pretty slim, but for sure it will be very profitable if we keep bitcoin for long term, there are some positive news that makes the chances of bitcoin grow big
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March 05, 2018, 09:35:18 AM
 #14

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

I think it is still far from getting those values because BTC would never get store value equivalent to whatever you suggested. Thats nothing but more than 100x market cap than todays market. Cant imagine how much money investors will need to pour into it as its huge and will need at least half of the worlds populations to get engaged with crypto currency like bitcoin itself. I am not sure about my speculation but it is common sense according to investor base that we have today along with the market capitalism.

Quote
(unless it becomes a "cool" collectible... which is a possibility).

I am sure it cant be collectible as it dont have the physical forms. What would you collect? Algorithm, I dont think so.  Cheesy
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March 05, 2018, 10:14:09 AM
 #15

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

You are assuming that only one cryptocurrency will become a store of value. I think it might be two or three. If you look at the world at the moment, even with all their military might and powerful economy the dollar is not the single store of value, there are several "big" currencies, and I would argue that the Swiss franc offers more stability in times of trouble (500 year democracy, no wars in that time, good government, very low inflation).

There will be a "swiss-franc" like coin that emerges that doesn't have bitcoin's downsides (bitcoin is controlled by a small cabal).

 
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March 05, 2018, 10:59:48 AM
 #16

I think it holds more than 10% chance to become the long term store value. It has its own advantages as it is decentralised one we have no limit on how much we can store really as long as there are no further regulations that are imposed on it. If the regulation kept bumping themselves then it might get difficult over the time to make it stable and have it as store value. I mean you wouldn't want to keep billions or even millions in the asset which can fluctuate vaguely and create chaos of your inevstment.

 
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March 05, 2018, 11:04:30 AM
 #17

Yes of course, if we noticed that more people become stable financially it is because of the total trust in bitcoin business, because if we have enough capital to invest it is also gain more profit in the future. But it depends on the situation, like as what happened last january it was price worth $5,000 and on that time we bought already bitcoin, and todays price worth $10,000 more or less, so therefore even in short term we can trust already that we gain more profit. Only one thing we should take ourselves, it is all about the total trust of bitcoin business, and in that way we all surely become successful in bitcoin business.
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March 05, 2018, 11:14:08 AM
 #18

Business confidence in bitcoin will be mandatory. For many people, income in bitcoins has become basic. Business is sure to react to this. The main objective of the business is to generate income and increase the market for goods. Who will give up buyers? But now buyers are not ready to part with bitcoins. For this reason, the demand for the purchase of goods for bitcoins is at a low level.
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March 05, 2018, 11:21:13 AM
 #19

Bitcoin can not be considered as storage of value because its price os too volatile so chance of losing your investment is more if we invest on bitcoin.If that is only possible if the bitcoin has a stable value but I think it will never happen if more people starts using bitcoin its volatility will get increase.

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March 05, 2018, 11:26:44 AM
 #20

Yup it has very chance that not only btc but cryptocurrency will become next big thing .but the problem lies in technology lack of awareness but slowly it will spread. we already know trader are taking btc as virtual gold so more to come.as we are still in early era of crypto so its best to buy and hold for future gain.
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March 05, 2018, 12:09:41 PM
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 #21

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

I really do not understand how did you calculate this $2,000,000 as the value of bitcoin to be considered as a good long term store of value.

What is a good long term store of value? Do you understand the meaning? A good store of value is basically an asset that you can use to hedge against inflation..

So the long term inflation rate is about 3.22%, so any asset that can keep up with this inflation rate would qualify as a good storage of value.

That is why people tend to buy gold and properties to hedge against inflation and use as a "storage of value".

Pulling a figure of $2,000,000 is merely wishful thinking and has no economical basis.


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March 05, 2018, 12:12:28 PM
 #22

Well, for me I am neutral in this question, I agree in bitcoin that it is a good investment for transactions, many experts says that bitcoin and gold has almost the same, because there value will increase as time goes by, but if we are talking about long term investment I think this is not the place for bitcoin, for the reason that bitcoin can fluctuate any time, so you need to be ready if your investment got lost, in the last month of the 2017 bitcoin reach 17,000 USD but suddenly it drops to 12,000 USD, that case is my point why I am neutral.

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March 05, 2018, 12:34:39 PM
 #23

IMO bitcoin is designed for long-term success.
His limited inventory and many of these requests will make people gain profit, so it deserves bitcoin to be one coin that can be profitable and very believable.
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March 05, 2018, 12:38:13 PM
 #24

Bitcoin has already proved it is long-term trusted one and give good returns when you are holding them for long-term. See in the market still, there is no competition for Bitcoin yet and people who are believing the Bitcoin and it can give good returns in the long term.
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March 05, 2018, 07:19:40 PM
 #25

I think yes! bitcoin is most proven coin in cryptocurrency world! bitcoin always deserve long-term trusted store of value! I suggest you for keep faith over bitcoin for best investment.
I will certainly say on this that whenever you want to invest for the long term, then the best thing available in the market is the bitcoin because it is very much safer for the projects with the longer duration of the time. This thing can be seen with the graphical pattern shown by bitcoin since 2009. I admit that the volatility exists but that is for only the shorter duration of the time. The time duration here must not be less than 200 days or minimum six months.
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March 05, 2018, 07:29:45 PM
 #26

Bitcoin has already proved it is long-term trusted one and give good returns when you are holding them for long-term. See in the market still, there is no competition for Bitcoin yet and people who are believing the Bitcoin and it can give good returns in the long term.

The competition are there but still no one can beat bitcoin for now so I think holding on this thing for good can really help you to maximize its potential over time. Bitcoin is proven and tested that can be your most valuable paper assets when you believe on this thing.

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March 05, 2018, 08:23:57 PM
 #27

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
Whether it will reach 2 milion or not is up for debate but I can tell you with absolute certainty it will never reach zero. You have currencies that are over hundreds of years old that are not worthless because they provide some sentimental value and historical value. For that reason it won't ever become 0 and if you only have 10% in BTC you seriously have not done enough research imho.

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March 05, 2018, 08:56:05 PM
Last edit: March 05, 2018, 09:11:40 PM by BitCryptex
 #28

Whether it will reach 2 milion or not is up for debate but I can tell you with absolute certainty it will never reach zero. You have currencies that are over hundreds of years old that are not worthless because they provide some sentimental value and historical value. For that reason it won't ever become 0 and if you only have 10% in BTC you seriously have not done enough research imho.

That's an interesting statement but do you really think that there are going to be any people who would like "just a number" in their collection? Well, maybe digital natives would find it actually worth something, current generation would probably prefer owning an old coin or bill. However, I agree that Bitcoin won't be worthless in the future, there will be always (or at least for the next few decades) a few people who will trade Bitcoin between themselves.
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March 05, 2018, 09:19:27 PM
 #29

Bitcoin can not be considered as storage of value because its price os too volatile so chance of losing your investment is more if we invest on bitcoin.If that is only possible if the bitcoin has a stable value but I think it will never happen if more people starts using bitcoin its volatility will get increase.
Well bitcoin was not initially design to be a store of value. However, it change a lot since its inception and then in the last couple of years the market has changed. Investors pour a lot of cash into the market and then comes the whales. So now we as much as we want it to be a payment or currency, it now becomes as more of a investment platform.

And if we consider that returns, just last year alone, investing on it will turn you on a millionaire or even billionaire with a return of more than 700%.









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March 05, 2018, 10:09:49 PM
 #30

Actually bitcoin has been proven it. Even bitcoin is better than stocks in term of increasing price of it. Since there is no central authority that control bitcoin then the value of it is only depend on market. I think bitcoin is good for long term investment

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March 05, 2018, 10:38:33 PM
 #31

It has been and will always be until the cryptosystem exist. Bitcoin is now one of the best established crypto and proving that its demand never perish. I could say that in the long period of time that it actually exist, it have shown great improvement and stability in the market. There were great recognition of its use also making it as a reliable cryptocoin. New coin might be introduced but sure bitcoin will be in the yop of the list.
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March 05, 2018, 11:11:18 PM
 #32

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

I really do not understand how did you calculate this $2,000,000 as the value of bitcoin to be considered as a good long term store of value.

What is a good long term store of value? Do you understand the meaning? A good store of value is basically an asset that you can use to hedge against inflation..

So the long term inflation rate is about 3.22%, so any asset that can keep up with this inflation rate would qualify as a good storage of value.

That is why people tend to buy gold and properties to hedge against inflation and use as a "storage of value".

Pulling a figure of $2,000,000 is merely wishful thinking and has no economical basis.


It's quite too much for an asset to have a price value like that and no one could ever buy at that price range except for those early adopter and whales. Those guys will compete to each other without us because we can't even afford to buy such price but i think we can't go there. Bitcoin is already a long-term trusted store since it broke its silence and begin to gain fame as more people are getting attracted to the value of it everyday, that's why there's fluctuation and price correction.

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March 05, 2018, 11:48:21 PM
 #33

BTC will surely be a long term asset. If govt. make it legal then demand will rise like anything among the people. On the other hand, if declared illegal, Price will surge in long term, coz it will be rare collectable item just like weed or marijuana. Lets see where govt divert its direction.
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March 06, 2018, 10:15:03 AM
 #34

Bitcoin is already a trusted store of value, but I don’t know for how long and I can’t also predict if it will be for a long time or not. Well, I will still say that it will stay for a long time or maybe for as long as the price of Bitcoin remains volatile.

Some people were saying that a time will come when the price will stop being volatile. Maybe around then, much people won’t be interested in using Bitcoin as a store of value.

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March 06, 2018, 11:29:49 AM
 #35

Bitcoin is already a trusted store of value, but I don’t know for how long and I can’t also predict if it will be for a long time or not. Well, I will still say that it will stay for a long time or maybe for as long as the price of Bitcoin remains volatile.

Some people were saying that a time will come when the price will stop being volatile. Maybe around then, much people won’t be interested in using Bitcoin as a store of value.
It is only a trusted store of value for long term only for people who are using crypto regularly(most of the time). For those people who really aren't financial experts or stock traders and brokers, they don't give a damn and doesn't invest into bitcoin to store some value, they still consider gold as a more trusted one. Price of bitcoin will never stop being volatile IMO, as there will always be buying and selling and price moves every time a buy and sell order has been fulfilled.
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March 06, 2018, 11:36:16 AM
 #36

I think it is cause i know bitcoin is now a long term coins that already know in the market that have a high value and still in number one in the market so that's why many investor to invest in bitcoin because a potential that have a long term value.
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March 06, 2018, 11:43:05 AM
 #37

Bitcoin is very risky investment and no one with certainty can not tell what's his future.So if somebody want to use BTC for long term store of value it must know what risk it takes with that.It will take maybe 5-10 years until the picture becomes clearer,in what direction decisions will be made on global regulation.If things go in the right direction,then BTC will be a very valuable asset,but also currency for daily use.

For me BTC is long-term store of value even today-and I consider that it is impossible to his value drop to 0,for me it's more likely its value will be measured in six digit numbers.

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March 06, 2018, 12:11:22 PM
 #38

Bitcoin can be trusted in terms of value but when you invest your money, it is very risky because we do not know what will happen soon. Bitcoin is a long term system specially if it is go in the right way that we wish for. We can get a lot of benefits in trusting bitcoin. Bitcoin is already trusted to those person who investing in bitcoin and to those person who using it but we do not know how long will bitcoin takes its higher value. People just need to continue trusting bitcoin because as long as they trusting bitcoin, it will last longer or maybe it will not last.
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March 06, 2018, 12:36:55 PM
 #39

Bitcoin can be trusted in terms of value but when you invest your money, it is very risky because we do not know what will happen soon. Bitcoin is a long term system specially if it is go in the right way that we wish for. We can get a lot of benefits in trusting bitcoin. Bitcoin is already trusted to those person who investing in bitcoin and to those person who using it but we do not know how long will bitcoin takes its higher value. People just need to continue trusting bitcoin because as long as they trusting bitcoin, it will last longer or maybe it will not last.
Well, for me investing in bitcoin is really high risk because of its volatility. But, seeing its trend from when it begins i think it really have a good improvement which we can say that we could onveat and gain profit. Ican understand why several people dont have enough trust to invest in bitcoin because its not yet very popular now. However, people who trust and invest in bitcoin should not risk all their assets just to invest here in bitcoin.

 
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March 06, 2018, 12:39:54 PM
 #40

It will especially when the public has lost trust in the Government if there is some big scandal that is uncovered.
If there ever is a scandal about store of value, I'm pretty sure that people will go to Bitcoin for trusted store of value.

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March 06, 2018, 12:58:08 PM
 #41

People just need to continue trusting bitcoin because as long as they trusting bitcoin, it will last longer or maybe it will not last.

People trusting Bitcoin? What a joke, people don't even trust themselves. Your "trust" is based on nothing but the hope that the price will keep going up throughout the years, and nothing else. If the price is going up, your "trust" in Bitcoin sky rockets, but when the price is going down, your "trust" in Bitcoin will sink just as hard. You, just like the far majority of the people here, don't care about Bitcoin's technical aspects, or that it allows you to obtain financial freedom. My faith in Bitcoin is based on financial freedom, and the fact that I can outrule any central authority, and not the price that may or may not go up in the very short term. Bitcoin has never failed to deliver in the long term, and will not do so in the forthcoming years due to how much potential demand there still is to obtain. I don't think we have even seen 5% of Bitcoin's potential yet.
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March 06, 2018, 01:25:41 PM
 #42

Yes ofcourse, bitcoin can be a longterm trusted store value. Just look to its history.
Bitcoin always has a possibility to surpass its higher price, all you need to do is to hold and be patient all the time.
If its price decrease, always think this as a chance to invest more and always stay calm.

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March 06, 2018, 01:49:54 PM
 #43

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
Yes of course, bitcoin is a long term trusted store of value, if it is not why people are continuing to work, invest, trade and hold in bitcoin? Bitcoin is proven and tested in terms of long term holding. It is good for future expenses since the longer you hold or store bitcoin the higher the amount you might get.
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March 06, 2018, 05:37:11 PM
 #44

Honestly speaking with current status of Bitcoin, I don’t think it will be a great long term trusted store of value especially when we are talking of huge amount of money since Bitcoin still lacks a lot of things for it to become stable and have us the assurance that it will not disappear eventually. I am not against Bitcoin but I am only speaking the truth.
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March 06, 2018, 06:08:53 PM
 #45

People just need to continue trusting bitcoin because as long as they trusting bitcoin, it will last longer or maybe it will not last.

People trusting Bitcoin? What a joke, people don't even trust themselves. Your "trust" is based on nothing but the hope that the price will keep going up throughout the years, and nothing else. If the price is going up, your "trust" in Bitcoin sky rockets, but when the price is going down, your "trust" in Bitcoin will sink just as hard. You, just like the far majority of the people here, don't care about Bitcoin's technical aspects, or that it allows you to obtain financial freedom. My faith in Bitcoin is based on financial freedom, and the fact that I can outrule any central authority, and not the price that may or may not go up in the very short term. Bitcoin has never failed to deliver in the long term, and will not do so in the forthcoming years due to how much potential demand there still is to obtain. I don't think we have even seen 5% of Bitcoin's potential yet.

Leaving aside short-term investors who dream about making money out of nothing, the trust is based on the belief that cryptocurrency is an under-estimated currency of the future, cause it seems to be more transparent, safe and "fair". The further development of BTC depends on WHAT and HOW would you be able to buy for it. Not it's mainly other cryptocurencies and fiat.
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March 06, 2018, 06:36:00 PM
 #46

Bitcoin is already a trusted store of value, but I don’t know for how long and I can’t also predict if it will be for a long time or not. Well, I will still say that it will stay for a long time or maybe for as long as the price of Bitcoin remains volatile.

Some people were saying that a time will come when the price will stop being volatile. Maybe around then, much people won’t be interested in using Bitcoin as a store of value.
It is only a trusted store of value for long term only for people who are using crypto regularly(most of the time). For those people who really aren't financial experts or stock traders and brokers, they don't give a damn and doesn't invest into bitcoin to store some value, they still consider gold as a more trusted one. Price of bitcoin will never stop being volatile IMO, as there will always be buying and selling and price moves every time a buy and sell order has been fulfilled.
Bitcoin is already eh trust worthy and the safe investment for the people and those people who are notable to make profit from bitcoin does not exist according to me but if they really does exist, then they should try to get good information about bitcoin before they go for investment, it is good to hold bitcoin for the long time it will increase and you will get money double or triple of your invested money as a rewarded of your long time holding and your patience.
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March 06, 2018, 06:53:34 PM
 #47

Bitcoin is already a trusted store of value. Any person who would have invested in Bitcoin from its start would have doubled his money if he had invested at the start of year and sold at the end till now. Also with the number of users increasing for Bitcoin it is becoming more trustworthy and stable.
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March 06, 2018, 07:14:30 PM
 #48

Yes ofcourse, bitcoin can be a longterm trusted store value. Just look to its history.
Bitcoin always has a possibility to surpass its higher price, all you need to do is to hold and be patient all the time.
If its price decrease, always think this as a chance to invest more and always stay calm.

Yes you are right in future bitcoin play's an important role in our economy and many other.big companies will make a Collab with bitcoin mining teams and start mining bitcoin so today's investors has a good life their future life.

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March 06, 2018, 07:52:45 PM
 #49

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
Bitcoin as an investment assets for a long time period is what every one in the Bitcoin community expect and with our believe in Bitcoin and crypto currency in general it shall continue to be the investment tools for rational investors and not professional investors as you rightly put it in your post above.
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March 06, 2018, 08:31:33 PM
 #50

Yes I also think as you. It's still very risky but is worth it to take a risk. The bad thing is most of the people still see BTC as only investment but not P2P digital money. BTC is far away from it's goal and crypto lovers should  bring attention of people to right side not to price of BTC

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March 06, 2018, 08:43:25 PM
 #51

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

Yes I believe in bitcoin. It's a long trusted in value. Bitcoin now is very low but everybody's hoping for the increase of the price, because this is the best way to earn a big profit if the price is expensive. Holding bitcoin is not easy especially this time price fall is too long. It's too sad for us waiting because we need money we don't have a choice but to sell it already if needed. But if you have a lot of budget or savings it's better to hold because you will profit more than your savings.
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March 11, 2018, 05:15:02 AM
 #52

Consider this :

1. You have invested money into Bitcoin in Jan 2017 and at the end of Dec 2017, the price increased by more than 800%.

2. You also invested the same amount of money at a Bank. < Interest vary between 3% to 10% >

How many years have you gained by investing your money into Bitcoin, if you received more that 800% interest in one year? Doing some basic math on 800% divided by say %10 <if you are lucky to get that> = 80. So what do you think, was the best long-term strategy for a store of value?

You only need 1 year with exceptional growth in Bitcoin's value to obliterate interest that you are getting from Banks and most other investments.  Grin  
And that is only one year, can you imagine the profits those that have held for several years have? Those that could buy for a price below 100 dollars, while the previous year was extraordinary there is still a lot of profits to be had in bitcoin, probably the next bull market will come when the devs get the lightning network in a functional state and I will not be surprised to see bitcoin at 40000 dollars.
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March 11, 2018, 06:36:46 AM
 #53

Honestly speaking with current status of Bitcoin, I don’t think it will be a great long term trusted store of value especially when we are talking of huge amount of money since Bitcoin still lacks a lot of things for it to become stable and have us the assurance that it will not disappear eventually. I am not against Bitcoin but I am only speaking the truth.

Since ill joining to crypto currency and earning some bitcoins, Ill will ask my self if this bitcoin is a long term coins in the crypto currency but when im searching about bitcoin and looking at the market ill answer to my question this bitcoin is a long tearm and trusted coins that we need to buy and hold it. Because we cannot predict also if this bitcoin on when be up or down.

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March 11, 2018, 06:45:04 AM
 #54

I believe that bitcoin can be a long term trusted coin because of its specs and usage. The scarcity also of bitcoin makes its endurance, why? Because if it has unlimited supply of coins then for sure its price will not goes up. The tendency is that, many investors will pull their investment because bitcoin is not profitable.
Economically advanced countries are afraid of the presence of Bitcoin because of the high risk of the economic downturn for their country, many say Bitcoin It will last a long time after that and also be an ideal investment place now. In the future, Bitcoin will be the digital currency that is used to make the foreign money.

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March 12, 2018, 08:53:51 AM
 #55

Consider this :

1. You have invested money into Bitcoin in Jan 2017 and at the end of Dec 2017, the price increased by more than 800%.

2. You also invested the same amount of money at a Bank. < Interest vary between 3% to 10% >

How many years have you gained by investing your money into Bitcoin, if you received more that 800% interest in one year? Doing some basic math on 800% divided by say %10 <if you are lucky to get that> = 80. So what do you think, was the best long-term strategy for a store of value?

You only need 1 year with exceptional growth in Bitcoin's value to obliterate interest that you are getting from Banks and most other investments.  Grin  
And that is only one year, can you imagine the profits those that have held for several years have? Those that could buy for a price below 100 dollars, while the previous year was extraordinary there is still a lot of profits to be had in bitcoin, probably the next bull market will come when the devs get the lightning network in a functional state and I will not be surprised to see bitcoin at 40000 dollars.
I am very much sure that the ones who have planned of holding this bitcoin for some longer period of time will be the ones who will be getting sure that the ones who have planned of holding this bitcoin for some longer period of time will be the ones who will be getting profit more than anyone else.

This is really a good plan to keep on holding your coins for longer period as this will give you a hope that the market value will keep o increasing most of the time.

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March 12, 2018, 09:10:00 AM
 #56

Yes ofcourse, bitcoin can be a longterm trusted store value. Just look to its history.
Bitcoin always has a possibility to surpass its higher price, all you need to do is to hold and be patient all the time.
If its price decrease, always think this as a chance to invest more and always stay calm.

May be or may be not. With the current hoax in the market we are seeing huge scams and it makes it far difficult for us to decide what is right and what is not. I always think of making huge investment into bitcoin when it is below the higher rates of all time. But when I go for it then something wrong happens and it keeps dropping all the time. I keep calm all the time that's why I'm getting success into this industry. So yeah I think so bitcoin is long term investment.

However its possibility to surpass all the high prices is dropping day by day. So with the positive views I would also say that we should be careful while making our inevstment.
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March 12, 2018, 10:08:32 AM
 #57

I believe that bitcoin can be a long term trusted coin because of its specs and usage. The scarcity also of bitcoin makes its endurance, why? Because if it has unlimited supply of coins then for sure its price will not goes up. The tendency is that, many investors will pull their investment because bitcoin is not profitable.

Many of the investors are investing into the Bitcoin because they are believing in the long-term profit. They don't make comparisons between the FIAT and the Bitcoin because they are looking at a Bitcoin as a standalone currency that is fluctuating currently. I am also hoping for the Bitcoin rise in the future and that can easily happen because it has the limited supply which is getting smaller every day. I don't think that the price will jump so high as stated in the thread but I expect for it to become the currency supported by all and not just a small percent of the population which is seeing its true potential. We must wait and see the future impact on the society and only thing that remains for us is to hold it a little longer, maybe even buy some more when the correction phases are happening.

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March 12, 2018, 10:28:43 AM
 #58

BTC is now recognized by governments, and his value is recognized by many countries.

Block chain technology will be developed this year, and the price of BTC will increase steadily!

BTC is really a good investment!

Yes it is a good investment, we can trust in it because it cannot be taken from us easily unlike fiat money. It is volatile so we can manipulate it and play with it easily. We can invest on it and earn a lot if we are good and strategic on handling it.
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March 12, 2018, 02:28:14 PM
 #59

For trusted value I will say yes but for long term I don't think so if bitcoin will last.
Because of the high price value and it is not a scam many people are invisting in bitcoin. They trust bitcoin that if they invest their money it has a possible to double it.
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March 12, 2018, 02:35:45 PM
 #60

I do not know what will happen next with bitcoin , but I bought it and hope that it will rise in price.
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March 12, 2018, 02:39:56 PM
 #61

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
Yes that's true. Even how manybit takes bitcoin is one of the nost trusted coins I ever had. I see potential I see future for bitcoin. Since then I really believe that bitcoin will soon make a lot of millionaires and I really experienced some of this not that much today but at least little by little.
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March 12, 2018, 02:42:37 PM
 #62

Bitcoin is the trust one for very long period.Many people investing their money in Crypto and become a millionaire.Do you know one thing even a millionaire are investing their money in bitcoin.If you keep your money,it will reduce by spending for your needs.But if you invested in bitcoin,you will get more from it.

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March 12, 2018, 03:04:14 PM
 #63

BTC will surely be a long term asset. If govt. make it legal then demand will rise like anything among the people. On the other hand, if declared illegal, Price will surge in long term, coz it will be rare collectable item just like weed or marijuana. Lets see where govt divert its direction.
as you have said, if the government legalizes bitcoin, of course there will be many positive impacts that will happen, people will be easier to recognize bitcoin and use it freely and demand for bitcoin will increase, but at this time not many governments can accept bitcoin, many still reject it with a variety of reasons,
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March 12, 2018, 04:10:17 PM
 #64

No one knows for sure the future of bitcoin, if the future of bitcoin is good in the future, this is the hope and hope of everyone here. For me the most important I still buy bitcoin to get it profit. at least for the next few years.
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March 12, 2018, 04:12:14 PM
 #65

Bitcoin is promising and reliable for everyone who has benefited from bitcoin. Back again depending on each individual, whether bitcoin can be trusted for long term as a promising income. because there are so many opportunities for success.

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March 15, 2018, 02:49:37 PM
 #66

Trusted or not i cant say but it can bring you great profit if you can use it tactically Smiley as i do
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March 15, 2018, 02:54:47 PM
 #67

As long as people see bitcoin as a good long-term asset either by it's convenience or profitability, bitcoin surely last for years or even decades. Just imagine how many attacks were made to bring down bitcoin, and still bitcoin remains the number cryptocurrency. Which means, a lot of people, no matter what news comes out of bitcoin, trusts it a lot.
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March 15, 2018, 02:57:05 PM
 #68

I do not know what will happen next with bitcoin , but I bought it and hope that it will rise in price.

Well you can hold it and watch the market. A safe bet would be to make a stop/loss target and sell accordingly. Currently market is red and bitcoin is sinking so not a good time to sell if you bought at higher price.

Bitcoin is the trust one for very long period.Many people investing their money in Crypto and become a millionaire.Do you know one thing even a millionaire are investing their money in bitcoin.If you keep your money,it will reduce by spending for your needs.But if you invested in bitcoin,you will get more from it.

What do you mean by "trust one"? Its the number one - yes? Is it trusted - technically not everyone since trust is a subjective term. Is it safe - yes it is. But seriously you shitposters need to stop doing this type of posts here trying to increase posts. Bitcoin is not a get-rich quick method. Its a currency - get that into your head first.

R


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March 15, 2018, 03:03:04 PM
 #69

I do not know what will happen next with bitcoin , but I bought it and hope that it will rise in price.

Well you can hold it and watch the market. A safe bet would be to make a stop/loss target and sell accordingly. Currently market is red and bitcoin is sinking so not a good time to sell if you bought at higher price.

To me, i will increase my BTC as long as i can and this is a good time to buy more bitcoin.

I can call BTC is The King when market have to follow it Smiley
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March 15, 2018, 03:13:44 PM
 #70

As long as people see bitcoin as a good long-term asset either by it's convenience or profitability, bitcoin surely last for years or even decades. Just imagine how many attacks were made to bring down bitcoin, and still bitcoin remains the number cryptocurrency. Which means, a lot of people, no matter what news comes out of bitcoin, trusts it a lot.
Agreed.I started to believe in bitcoin the first day i invested into it.Until now nothing has changed,bitcoin still owned the number one position in crypto coin.Because of that,bitcoin is expecting to be a long- term trusted store of value and i know for sure bitcoin has it already.The legends here may have their own proofs why until now they still valued bitcoin so much.

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March 15, 2018, 08:10:15 PM
 #71

Yes, I think Bitcoin will become a long-term trusted store of value. In fact, it already is. Investing in bitcoin is, first and foremost, an opportunity to invest in a sufficiently reliable and in demandable currency. Fast and big profit with bitcoin is hardly possible now. But Bitcoin price will grow and those who understand the crypto-currencies and are able to manage their investments, can use this digital currency as a means of storage with the possibility of a potential increase in savings.
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March 16, 2018, 12:35:52 PM
 #72

I do not know what will happen next with bitcoin , but I bought it and hope that it will rise in price.

Well you can hold it and watch the market. A safe bet would be to make a stop/loss target and sell accordingly. Currently market is red and bitcoin is sinking so not a good time to sell if you bought at higher price.

To me, i will increase my BTC as long as i can and this is a good time to buy more bitcoin.

I can call BTC is The King when market have to follow it Smiley

Well it is definitely the king of crypto if you talk about about its competition to other crypto and the market metrics of bitcoin against other altcoins. The market being red its a good time to stock up and hold bitcoin. Because believe it or not the panic selling will stop soon and whales are going to pump the market and make the price reach 10k or more once again.

Yes, I think Bitcoin will become a long-term trusted store of value. In fact, it already is. Investing in bitcoin is, first and foremost, an opportunity to invest in a sufficiently reliable and in demandable currency. Fast and big profit with bitcoin is hardly possible now. But Bitcoin price will grow and those who understand the crypto-currencies and are able to manage their investments, can use this digital currency as a means of storage with the possibility of a potential increase in savings.

You dont technically invest in bitcoin, you trade it and the profit is made from trading. Although people seem to use the terms interchangeably while talking about bitcoin. Again huge profits are possible if you know where to put your money - but again the risk is there.

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March 16, 2018, 01:05:20 PM
 #73

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.


Yes 5-10 years from now I think Bitcoin will be the most powerful currency in the planet. It’s a revolutionary invention which has greater impact to our daily lives. I don’t know your sources of $2,000,000 future value for BItcoin, but if this will happen then many ordinary people will become millionaire and those rich people who hoard fiat will become same status of bitcoin holder. Many traditional believer of fiat will be force to convert their money into crypto out of fomo.

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March 16, 2018, 02:42:50 PM
 #74

I dont think you should trust a blindfolded crypto as easily. Because it has no warranty no guarantee no reliabilty only volatility ;p
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March 16, 2018, 02:53:06 PM
 #75

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
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March 16, 2018, 02:54:22 PM
 #76

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
I believe its the best alternative investment short term or long term. Since the high risk is always there put only money that you can afford to lose, high volatility asset has no guarantee to make a 100% profit or returns. But if mass adoption has no barriers undoubtedly this investment will skyrocket and can reach the highest possible gains.
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March 16, 2018, 02:58:55 PM
 #77

I do not know what will happen next with bitcoin , but I bought it and hope that it will rise in price.

Yes I  still beleive on bitcoin as a long trusted value. Even bitcoin now is getting low volatile. I know that one of this days everyone have a smile in face because of bitcoin will climb now to normal situation like price of December 2017.We don't have a choice but to wait for the coming price. There's still dawn every morning to hope for. This is only my strength everytime l cry.
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March 16, 2018, 03:08:06 PM
 #78

It is! The value is not stable but it will hit the moon. Even bit coin come up and down still the value is good for long term investment. At the proper time it will hit the highest price ever. New records will come.
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March 16, 2018, 03:12:52 PM
 #79

Value is placed by people so it depends on how people view BTC going forward
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March 16, 2018, 03:23:44 PM
 #80

Bitcoin has long been the most reliable and profitable asset for savings. Did you not see this? Lol! You can not take statistics in a short period. In order to make a decision, take statistics for 1 year. This will give you a more correct result. This year the price will be above $ 30,000. Is that a little profit?
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March 16, 2018, 03:29:30 PM
 #81

I believe that bitcoin can be a long term trusted coin because of its specs and usage. The scarcity also of bitcoin makes its endurance, why? Because if it has unlimited supply of coins then for sure its price will not goes up. The tendency is that, many investors will pull their investment because bitcoin is not profitable.

You are right. With the limited supply of bitcoin it provides a great value. There are so many people patronizing bitcoin and other legit crypto currency and this will be a very normal thing in the future. Trust is going to be normal in their arena as our world is becoming digital now and bitcoin is in the forefront of all of this.

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March 16, 2018, 03:56:50 PM
 #82

Surely so many investors choose a reliable long-term investment, the article can easily get more profit if the price goes beyond the normal limit and can sell at any time without having to worry about losing coins.
and vice versa if the coin price goes down we can hold it until the price actually goes up. and this will be a very long crypto journey until it finds the right intersection in each country.

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March 16, 2018, 05:18:07 PM
Last edit: March 17, 2018, 10:47:36 AM by PauloLuks
 #83

For economic reasons, governments may be less favorable for bitcoin as a store of value. If governments decide to lean in favor of bitcoin as a store of value, like gold for example, they would essentially be fighting over the leftovers at this point.
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March 16, 2018, 05:36:05 PM
 #84

Bitcoin can not be considered as storage of value because its price os too volatile so chance of losing your investment is more if we invest on bitcoin.If that is only possible if the bitcoin has a stable value but I think it will never happen if more people starts using bitcoin its volatility will get increase.

I have the same view that it won't happen with its volatility. For anything to come as a store of value, it must not be changing in value constantly without notice for investors to decide whether to remain in-there, or to ulter their position. For this reason, bitcoin will hardly become a store of value because it never gives notice  Grin before its high fluctuating movement except it is regulated.
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March 16, 2018, 05:56:21 PM
 #85

It is the long-term - Yes. Now we are not seeing the best days for bitcoin. But I'm sure (I want to believe this) that everything will be okay and bitcoin by the end of the year, if not break the price of last year, then at least regain its old position.
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March 16, 2018, 08:15:28 PM
 #86

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
Another reason to invest in bitcoin is if it becomes a currency as satoshi envisioned, if bitcoin is in fact accepted all over the world and it becomes a mainstream way to pay for stuff online and in the regular stores then the price of bitcoin will grow up significantly, in fact I think this is the first necessary step before bitcoin becomes a store of value, that was the same path that gold took, gold was at first a currency and when people discovered how good it was people began to use gold as a store of value.
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March 16, 2018, 09:42:27 PM
 #87

A script is possible in which bitcoin is more likely to realize itself as a means of exchange. While this is impossible due to the instability of the course, but when it is leveled, this option is quite possible



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March 17, 2018, 05:15:22 AM
 #88

Yes, there are chances that Bitcoin may become the long-term trusted store of value as we can see that bitcoin is gaining a lot of people's interest from all over the world and people are believing in the bitcoin and they have started investing there for their future and retirement plans and also for their children's future. It can only be proven false if it falls to zero otherwise it cannot be stopped and controlled by anyone. It totally depends on the usage of the people as it is peer to peer payment system.

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March 17, 2018, 06:09:31 AM
 #89

It is considered as store value and yes, it's also a good one for long term.
And this is why bitcoin has forgotten as a payment system and it's now a trend for store value and investment.
It's a good investment so whether you are okay for short term, it's also good for long term.


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March 17, 2018, 07:42:24 AM
 #90

Yes I believe that Bitcoin has a long-term trusted store of value. I believe in it and checking the flow of bitcoin in the market by the end of the year, it is really high and can give you a high profit by just HODL.

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March 17, 2018, 03:23:21 PM
 #91

Its better to have a btc assests for future than having a gold or silver. Atleast i trust it that much Smiley
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March 17, 2018, 06:58:53 PM
 #92

A script is possible in which bitcoin is more likely to realize itself as a means of exchange. While this is impossible due to the instability of the course, but when it is leveled, this option is quite possible
Bitcoin is already being used as a currency. People are using it for making deals, buying things and in all other such stuff. Rest definitely it is going to take some time in order to be used without being converted into dollars or any other currency. For that, we need bitcoin to have some stable price just like paper currencies. Someday, this is definitely going to take place but not in the near future.
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March 18, 2018, 02:08:38 PM
 #93

I believe that bitcoin can be a long term trusted coin because of its specs and usage. The scarcity also of bitcoin makes its endurance, why? Because if it has unlimited supply of coins then for sure its price will not goes up. The tendency is that, many investors will pull their investment because bitcoin is not profitable.
Economically advanced countries are afraid of the presence of Bitcoin because of the high risk of the economic downturn for their country, many say Bitcoin It will last a long time after that and also be an ideal investment place now. In the future, Bitcoin will be the digital currency that is used to make the foreign money.

Actually we know bitcoin was long term coins and trusted that we need to buy and holding on it. But we know this bitcoin was too popular in a whole country and we hope bitcoin was be make foreign money if that happen it will easily to use it for buying a thing that we need.

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March 18, 2018, 03:29:01 PM
 #94

A script is possible in which bitcoin is more likely to realize itself as a means of exchange. While this is impossible due to the instability of the course, but when it is leveled, this option is quite possible
Bitcoin is already being used as a currency. People are using it for making deals, buying things and in all other such stuff. Rest definitely it is going to take some time in order to be used without being converted into dollars or any other currency. For that, we need bitcoin to have some stable price just like paper currencies. Someday, this is definitely going to take place but not in the near future.

Exactly buddy., bitcoin become popular as time passes by which most people become seriously asking questions what really bitcoin is all about. Though in some situations we can't even control the value of bitcoin especially during downfall situation and those users become panic selling since they can't no longer to see their huge losses if their shares. Well, I believe it will back to it's stabilize value since bitcoin is intended for.ling term investments.
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March 18, 2018, 03:35:43 PM
 #95

Right now, I'm bot ezperience any oroblems on storing Bitcoin in my ewallets. I see that it will open new opportunities to cater better to its users. Hopefully, businesses will be more aware of it and adapt it to their systems.

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March 18, 2018, 05:01:32 PM
 #96

Yes you can trust if you have enough surplus to lose at a pitch of toss. Then it can be profitable for you Smiley
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March 18, 2018, 10:07:25 PM
 #97

Right now, I'm bot ezperience any oroblems on storing Bitcoin in my ewallets. I see that it will open new opportunities to cater better to its users. Hopefully, businesses will be more aware of it and adapt it to their systems.
If you are not experienced it is not the time to make any kind of assumption but as you said everything  very true about bitcoin it shown with time you are getting familiar to bitcoin so it is not so far when you will hold bitcoin, it improve the benefits of bitcoin, for sure it is well trusted currency people are asking for bitcoin in market but the supply is low, which shows that in market bitcoin is high at demand and increasing in price, buy high amount of bitcoin and hold it for the long time so in future it will be more valuable than now.
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March 20, 2018, 05:12:03 AM
 #98

Bitcoin has long been the most reliable and profitable asset for savings. Did you not see this? Lol! You can not take statistics in a short period. In order to make a decision, take statistics for 1 year. This will give you a more correct result. This year the price will be above $ 30,000. Is that a little profit?
Bitcoin is no doubt really a very good option for us in so many ways and that if you have this golden coin in your wallet, then you surely have a chance of having a very good future but for that you need to do the things very much carefully and that you need not too sell your coins until and unless you are sure that you are having the desired amount of the money which you want to get by selling your coins.
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March 20, 2018, 05:17:50 AM
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maybe you can see the bitcoin achievements from 2013, to date. well, this can really be believed for long term investment. well, you just need to believe that it will make a profit. for now, try to invest in bitcoin, and keep it for 1 year, and you might get a big advantage. but, I just suggest it, the risk in each responsibility.

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March 20, 2018, 05:27:15 AM
 #100

So far since during the early stage of bitcoin usage, bitcoin had been into several negative impressions and test of its stability. Banning created a lot of impact among users yet bitcoin still managed to survive such. Now had it not been trustworthy it should have been destroyed with its name totally erased from the currency world. We know people don't just trust about anything and this can be seen by how people reacted. In case of FUD's people tend to panic and sell everything they have. Yet they go back to invest again. Had it become not trustworthy people could have ended using it. Count how many are bitcoin lovers here. You can make a pool and prove something. People really trust bitcoins.

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March 20, 2018, 08:35:25 AM
 #101

Maybe yes, bitcoin become a long term for many people are part and living with bitcoin and I guess there are big companies that support and accept bitcoin.
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March 20, 2018, 11:10:49 AM
 #102

It is considered as store value and yes, it's also a good one for long term.
And this is why bitcoin has forgotten as a payment system and it's now a trend for store value and investment.
It's a good investment so whether you are okay for short term, it's also good for long term.
Yeah it being used as an asset rather than a payment method. Once it was assumed as best transferring source where everyone could transfer money within different accounts. People were using them in businesses. But right now, it has been trended more than asset.

People are investing money in them, trading with them. It is like a profit and loss games. But in both cases, the ultimate profit lies within popularity of bitcoins.
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March 20, 2018, 11:14:23 AM
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It's my opinion that out of all of the plethora of cryptocurrency out there, Bitcoin so far has the best attributes to be considered the prime candidate for being a store of value. Its supply is finite, its extremely secure, transferable but the added value that its even more fungible than gold which is why there is a debate as to whether or not bitcoin is a commodity or a currency. Well it actually displays both characteristics.
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March 20, 2018, 11:21:52 AM
 #104

Yeah it being used as an asset rather than a payment method. Once it was assumed as best transferring source where everyone could transfer money within different accounts. People were using them in businesses. But right now, it has been trended more than asset.

The same applies to Gold. It's still a currency, but no one even bothers to use it as such, where I am fairly sure that the majority of the people don't even know it's classified as a currency. In terms of Gold, I can clearly understand why people don't want to spend it, because it simply isn't a convenient and usable option to go for when it comes to day to day transactions. Bitcoin cuts through that barrier due to how extremely divisible it is, and how easy it is to move value from one person to the other. The incentive to spend will increase when LN becomes completely safe to use on the main net, and also with how later on the market will become more stable due to larger parties getting involved providing insane liquidity, exchanges having to implement strict trading measures, etc. It's just a matter of time. Patience. Smiley
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March 20, 2018, 12:41:17 PM
 #105

I think yes! bitcoin is most proven coin in cryptocurrency world! bitcoin always deserve long-term trusted store of value! I suggest you for keep faith over bitcoin for best investment.

Yes still have faith and by God's grace bitcoin will be a long term trusted store, for it proves by lots of people that it changed their standard of living into better, that it may encourage more people to be part and support bitcoin

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March 20, 2018, 12:44:38 PM
 #106


If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.


Where do you get this figure from?

Bitcoin has the basic characteristics of a store of value, the main one being a limited supply. It will need to have some utility for it to be trusted as a store of value so it must succeed in some form as a currency.
As of now, Bitcoin is categorized as a digital currency, it is being considered as an instrument of exchange of value and service being rendered. Bitcoin' s acceptance is growing along with its popularity in the market. One of the most trusted store of value in the wold is gold, there are similarities that gold and bitcoin is being compared to. However, Only market experts can give that title to bitcoin. But , the true value and worth of bitcoin will be proven by its investors and users.
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March 20, 2018, 01:10:31 PM
 #107

I think yes! bitcoin is most proven coin in cryptocurrency world! bitcoin always deserve long-term trusted store of value! I suggest you for keep faith over bitcoin for best investment.

Yes still have faith and by God's grace bitcoin will be a long term trusted store, for it proves by lots of people that it changed their standard of living into better, that it may encourage more people to be part and support bitcoin
You have point all, bitcoin can be long term trusted store of value. This cryptocurrency for sure the future would be more valuable and worth to use in the future. These have been known by many users and I believe bitcoin will take long.
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March 20, 2018, 01:14:08 PM
 #108

I am a newbie and dont think i can comment anything valuable on it. sorry
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March 20, 2018, 06:35:02 PM
 #109

I believe it will become a long-term trusted store of value in the future, just like the internet and smartphones being a necessity in our generation. In the coming digital age, technological progression such as BTC will be fast that some people won't even realize its already here.
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March 20, 2018, 06:43:23 PM
 #110

yeah i belive it can be
and i think bitcoin is a safe place to store your money to it, it has realy complex system
i remember my friend have a 2 bitcoin 2 years ago and stored in a wallet, and now open it again and a moment that make me amaze is not about is value but is safety
if you still store what you have in your wallet no one can touch it

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March 20, 2018, 06:54:00 PM
 #111

It is already used more of as a store of value rather than means of exchange, but this may change in the future.

If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
 
I’m not sure why you say this, as it is true in fiat-deflationary currencies but not so sure that would happen with bitcon,

I agree with you, I'm also not sure if bitcoin is a long-term trusted store, because here we are talking about a lucky chance, if it happens to the paper currency I'm sure it can.
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March 20, 2018, 09:47:45 PM
 #112

Well, I do think so. Bitcoin is somehow becoming a digital gold. In this modern civilization, physical properties are not as good as all because they can easily be stolen by thieves or even the government. Bitcoin is based on a decentralized network and because of that fact, it is hard for anyone who want to steal our bitcoin if we know how to secure and store

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March 20, 2018, 11:09:58 PM
 #113

Bitcoin is the first crypt o currency which has established in the year 2009.It has certain definite features based on that it could attract wide popularity in the market especially the world business community  has attracted  bitcoin to their business transactions so that they will be saving their huge processing charge and time..Its market capital has increased above 260 billion usd and the volume of its daily transaction also considerably increased. Bitcoin possibly become a long term trusted store value until its total 21 million bitcoin is mined.
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March 21, 2018, 05:53:26 AM
 #114

If you take into account how much money was spent on its extraction, then the price equal to zero will never be. Perhaps ether will replace bitcoin, but bitcoin will probably cost as antiques.
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March 21, 2018, 06:15:12 AM
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It is already one of the most trusted Cryptocurrency due to the fact that it is a cryptocurrency that became a basis for other cryptocurrency and it is still being developed in todays technology. Blockchain technology is implemented in many platforms but Bitcoin is one of the first ever user of this technology.
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March 21, 2018, 09:46:03 AM
 #116

As of now, bitcoin is being treated like that is a store of value and a lot of people are telling the other people that they should invest or put some of their money or value in bitcoin for long term because it is a really great opportunity to grab since the value of bitcoin is keep on going up over the time so it is a really great place to grow our value.
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March 21, 2018, 10:53:47 AM
 #117

As of now, bitcoin is being treated like that is a store of value and a lot of people are telling the other people that they should invest or put some of their money or value in bitcoin for long term because it is a really great opportunity to grab since the value of bitcoin is keep on going up over the time so it is a really great place to grow our value.
Bitcoin is not a company, it is a developing global payment and store of value system. Bitcoin is both a product and a service and has the potential to become a prominent part of the world’s financial system going forward.
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March 21, 2018, 11:41:45 AM
 #118

BTC is now recognized by governments, and his value is recognized by many countries.

Block chain technology will be developed this year, and the price of BTC will increase steadily!

BTC is really a good investment!

Yes bitcoin is recognize by many country and governments, but not all encourage their people to use it. Like here in our country, banks are the number one enemy of bitcoin here, if the bank finds out that the money you store to them is from bitcoin, they will terminate your account and trace your bitcoin account and wallet.
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March 21, 2018, 03:26:52 PM
 #119

Maybe yes, bitcoin become a long term for many people are part and living with bitcoin and I guess there are big companies that support and accept bitcoin.

Definitely it will, it's growing price and capability for growth makes it a very ideal long-term prospect.
A very promising store of value. It's what people see it nowadays, with all the hype of bitcoin exceedingly
rising to a higher price in the market. People invest and they look forward to a day when bitcoin delivers
that highly anticipated result. It's quite famous for it being able to had done so and also very notorious
for being actively and highly volatile. But that comes part of the trade, it causes excitement and inquisitiveness.
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March 22, 2018, 08:13:29 AM
 #120

Maybe yes, bitcoin become a long term for many people are part and living with bitcoin and I guess there are big companies that support and accept bitcoin.
The only thing about which I am very much sure is that bitcoin is going to have a wonderful future and that it will really come up as the top-rated coin as well and there are likely chances that it will also get legal soon.

It is really a very good idea to plan your future with bitcoin as this will help you in making of more money and that you need not to do anything special but holding of the bitcoins.
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March 22, 2018, 08:34:47 AM
 #121

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
i dont know because theres a lot of goverments still hate this because they said this is a fraud to all but for me stroring money in bitcoin is not bad not bad but it is too risky it is up to people if they want to take the big risk in cryptocurrency but i think it will become a good storage of our money if bitcoin will become currency not a cryptocurrency like stable value.
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March 22, 2018, 12:51:53 PM
 #122

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
i dont know because theres a lot of goverments still hate this because they said this is a fraud to all but for me stroring money in bitcoin is not bad not bad but it is too risky it is up to people if they want to take the big risk in cryptocurrency but i think it will become a good storage of our money if bitcoin will become currency not a cryptocurrency like stable value.
The risk is always there in any kind of investment and it is all about having a risk management and also a proper knowledge and after that then we can easily say that there will be no such a hindrance or problem for us to worry since we know our limits and the things that we need to do and not to do. In my own opinion, bitcoin is a really good way to store our value for long term.
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March 23, 2018, 09:04:14 AM
 #123

If you take into account how much money was spent on its extraction, then the price equal to zero will never be. Perhaps ether will replace bitcoin, but bitcoin will probably cost as antiques.
That’s not going to happen in any way or under any circumstances. We all are familiar with this fact that bitcoin is the strongest and oldest player of the market and it has never stood second to any coin. Rather all other coins in any form are following it for their market trends. Ethereum could be best among its community but this is mere exaggeration that one day bitcoin will be surpassed by it.
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March 23, 2018, 11:49:52 AM
 #124

Maybe yes, bitcoin become a long term for many people are part and living with bitcoin and I guess there are big companies that support and accept bitcoin.

To hold bitcoin for a long time will increase and you will get more than invested in return for your long holding time and your patience. Because bitcoin is already a viable trust and a safe investment for people and people who can make a profit from bitcoin, then they should try to get good information about bitcoin before they go for investment
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March 23, 2018, 12:30:19 PM
 #125

Honestly, there is no 100% assurance that bitcoin will remain a good place for long term investment. Bitcoin is soaring high right now but it might fall down very deep by the upcoming years (or vice versa). Though btc became more successful comparing to previous years, we can't still confidently say that it will repeat the history because there are lots of possibilities that may happen whether it is on our favor or not.

I'm not a pessimist, against btc or whatsoever, what I'm telling is do not become over confident and think one-sidedly. Be prepared not only on good times but also to the bad times that will happen for btc.

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March 23, 2018, 08:12:09 PM
 #126

Honestly, there is no 100% assurance that bitcoin will remain a good place for long term investment. Bitcoin is soaring high right now but it might fall down very deep by the upcoming years (or vice versa). Though btc became more successful comparing to previous years, we can't still confidently say that it will repeat the history because there are lots of possibilities that may happen whether it is on our favor or not.

I'm not a pessimist, against btc or whatsoever, what I'm telling is do not become over confident and think one-sidedly. Be prepared not only on good times but also to the bad times that will happen for btc.
If we talk about assurance, then there is actually no 100% assurance in any sort of investment for a very long time because the future is unpredictable. Nobody even knows what will happen tomorrow. But if we assume that things remain in the normal way, then definitely bitcoin is the best long term investment option. According to Eric, if a person fails to become a millionaire in coming decade, it is his own fault. Crypto currencies are able to do so if trusted.
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March 23, 2018, 08:28:20 PM
 #127

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
i dont know because theres a lot of goverments still hate this because they said this is a fraud to all but for me stroring money in bitcoin is not bad not bad but it is too risky it is up to people if they want to take the big risk in cryptocurrency but i think it will become a good storage of our money if bitcoin will become currency not a cryptocurrency like stable value.

Like what we always know why government hate crypto is because they can't get taxed. That's why crypto is not legally accepted worldwide due to these reasons. Moreover, Bitcoin probably will become a long-term trusted store of value due to its features.  Also, this crypto is supported by Billionaires and that why it already established a strong foundation which I think very difficult to destroy.
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March 23, 2018, 08:43:00 PM
 #128

There is a lot that needs to happen before that will happen , but i think it is the future of bitcoin. There is nothing that can be taken with you so easy as bitcoin , or is as anonmymous as bitcoin. This are a lot of good features to have for the long term.

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March 23, 2018, 08:43:52 PM
 #129

Like what we always know why government hate crypto is because they can't get taxed. That's why crypto is not legally accepted worldwide due to these reasons.  

Bitcoin is as taxable as physical gold and cash money holdings are. They don't need to be able to take it away from you in order to make you pay tax over it. It all comes down to your legal duty to pay due taxes as every brave citizen would do. In most countries Bitcoin and other cryptos are already being taxed, but the thing with people is that they believe crypto offers them anonymity, and thus can avoid paying tax, but it doesn't work like that. As soon as people sign up at whatever centralized exchange, buy, sell, withdraw, their complete profile has been logged and saved on the exchange's server for ever. The government just needs to force the exchange to hand it over to them, and you're officially busted....
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March 23, 2018, 09:38:49 PM
 #130

Nowadays no one knows what exactly will become bitcoin. I would like to think that bitcoin came to replace the dollar and become a single measure of exchange between people. If it becomes an ordinary means of accumulation, it will lose all its potential



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March 23, 2018, 11:28:17 PM
 #131

Nowadays no one knows what exactly will become bitcoin. I would like to think that bitcoin came to replace the dollar and become a single measure of exchange between people. If it becomes an ordinary means of accumulation, it will lose all its potential
Although we do not know about the future, but i think that we need to accept the fact that bitcoin is becoming popular from time to time and therefore it is becoming stronger. so  i can say that bitcoin is a trusted  and safer currency for long term investment. I am hopeful that after a long time bitcoin will surely give us a good profit.
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March 25, 2018, 07:47:07 PM
 #132

Consider this :

1. You have invested money into Bitcoin in Jan 2017 and at the end of Dec 2017, the price increased by more than 800%.

2. You also invested the same amount of money at a Bank. < Interest vary between 3% to 10% >

How many years have you gained by investing your money into Bitcoin, if you received more that 800% interest in one year? Doing some basic math on 800% divided by say %10 <if you are lucky to get that> = 80. So what do you think, was the best long-term strategy for a store of value?

You only need 1 year with exceptional growth in Bitcoin's value to obliterate interest that you are getting from Banks and most other investments.  Grin  
And that is only one year, can you imagine the profits those that have held for several years have? Those that could buy for a price below 100 dollars, while the previous year was extraordinary there is still a lot of profits to be had in bitcoin, probably the next bull market will come when the devs get the lightning network in a functional state and I will not be surprised to see bitcoin at 40000 dollars.
I am very much sure that the ones who have planned of holding this bitcoin for some longer period of time will be the ones who will be getting sure that the ones who have planned of holding this bitcoin for some longer period of time will be the ones who will be getting profit more than anyone else.

This is really a good plan to keep on holding your coins for longer period as this will give you a hope that the market value will keep o increasing most of the time.
This is why holding is the best course of action, I know that for traders holding your coins and doing nothing with them may seem boring or even dumb but when you see the profits you can get and the very low risk that you are incurring for doing this then holding is a very easy choice and the best part about holding is that the longer you hold the better the profits.
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March 28, 2018, 01:07:48 PM
 #133

Hopefully yes, its because bitcoin is tested by so many people who became wealthy which it gets people's trust into it.

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March 28, 2018, 05:50:20 PM
 #134

this bitcoin is very popular in the world and its age is old from 2009 to now, but sometimes so many people want to block bitcoin because of high rivals.
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April 20, 2018, 06:32:11 AM
 #135

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
I think bitcoin will progress and it will stay  longer or even permanent.  As long as there is internet, which is impossible to disappear unless their is no longer people on earth, I am sure cryptocurrency will still be used. And in my opinion and observation, bitcoin will still be popular among all crypto currency.
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April 20, 2018, 08:44:53 AM
 #136

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

your criteria are too much, dont push it, $2,000,000 a coin??? seriously? the price of bitcoin is dependent on a real time traffic of demand versus supply, who would buy bitcoin with that price? bitcoin today has proven its long term value, from the day it started up to this date, for sure bitcoin will increase its price from time to time but you have to consider the market share of altcoins and other crypto in the future, you can rest assured that bitcoin can be relied on even for a long term. just trust the system and read all the graphs and read the market.

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April 20, 2018, 08:48:03 AM
 #137

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

I think bitcoin already become store of value when bitcoin price touching $19k. Peoples will moving their asset to bitcoin because its more profitable than fiat money and bitcoin already have advantages than fiat money like fast transfer and lower fee transaction.
I am believe that bitcoin is long term investment and in other word bitcoin is long term store of value like gold
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April 20, 2018, 09:00:02 AM
 #138

Well, definately bitcoin is already proven of becoming long term trusted stored value due to its volatility. No wonder why investors will always invest in a huge amout of value because they believe it will double there capital once the market will increases.
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April 20, 2018, 09:04:26 AM
 #139

I wonder how did you calculate the value you mentioned on OP. Is it a prediction of BTC value after many many years? How many years did you imagine? Well, I wish your math come true while it seems too magical to me. I'm a Bitcoin believer and already invested in it. I believe Bitcoin is trusted investment for long-term investors. Many investors considering Bitcoin as virtual gold, this is early adoption compared to after five years. So the chance to be near zero is 00 percent.


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April 20, 2018, 10:05:01 AM
 #140

Bitcoin already prooven as long term store of value or if i called it long term investment. As we know, bitcoin price always rising year by years and i think thats why bitcoin is long term invesment. But if you mention that bitcoin price will touching $2.000.000, i think its long run and thats is ambitious target
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April 20, 2018, 10:07:30 AM
 #141

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

I think and still believe that bitcoin can be a long term trusted coin because of its specs and usage. bitcoin will exist and be a long therm investment.
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April 20, 2018, 10:40:57 AM
 #142

I think bitcoin can be used as an investment place either long term or short when one wants to benefit from bitcoin in a short period,bitcoin is a coin that can provide a great opportunity for him so that the economy is better and guaranteed in meeting all the needs every day.

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April 20, 2018, 10:56:00 AM
 #143

For me I could say that it is a good way to invest your money for a long term ,
But we all know that investments have its own risk and we should be prepared for it,
We know that the price of bitcoin is so volatile and it is one of the risk in investing in bitcoin.

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April 20, 2018, 11:01:07 AM
 #144

Bitcoin itself is very trusted wether it is a long term or short term investment.
Bitcoin can be a short term or long term investment, because it is still depends upon the behaviour of it. All you need to do is to wait, and be patient. And lets all support bitcoin untill the end.

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April 20, 2018, 11:10:45 AM
 #145

It's already happening. Many people are considering and using cryptocurrencies as a long-term trusted store of value. Bitcoin is the most popular one so its price will grow constantly in any event. That's why it is a good idea to invest some money in Bitcoin as yet possible.
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April 20, 2018, 11:20:19 AM
 #146

Actually, I think everything is related to the governments ( countries ), if the majority of them will recognize bitcoin as legal currency , then it is certain that the value of Bitcoin will rise significantly and in a fast way  and there is a great possibility that this  will be achieved in the near future ( maybe after 1 year or more ) , if not,  there may be new attacks to destroy it, and their value may will increase but I do not think it is too much , especially in  this year because there are many problems that which led to a significant fall in Bitcoin and most of cryptocurrencies in general.  

Moreover, due to bitcoin in a little crisis, so I think we must HODL a large proportion in this period, because I am pretty sure that this currency will become stronger and maybe we will see more than $ 100K in their price after a few years.
So we must be patience, and it is sure that there will be good surprises.
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April 20, 2018, 11:30:41 AM
 #147

i would say that bitcoin is still to risky for that long term investment or holding for now. because i still can't imagine this coin to become legalized in many country in this earth. the possible thing is not legalizing this bitcoin and make their own "cryptocurrencies".
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April 20, 2018, 11:45:07 AM
 #148

Given the way the market is now and how bitcoin is moving, it is not a long shot that bitcoin will be used as a long-term store of value. Although the volatility of bitcoin might hinder that along the way. The reason gold and the likes are used as a long term store of value is because their value always remains relatively stable and as we know bitcoin is anything but stable.
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April 20, 2018, 11:49:29 AM
 #149

only time will tell. I agree that governments influence legitimacy of bitcoin
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April 20, 2018, 11:57:19 AM
 #150

Trusted by who really.. governments, the average joe.. no I think as it runs on any technology it will always been seen in some way fallible. And I'm interested when you say store of value.. do you mean, consistently at a similar rate? I really would like to see that for any crypto, obviously tether does it.. but that was designed to do it. I'm not an economist though, would be interested to know if you could predict such a thing.

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April 20, 2018, 12:35:12 PM
 #151

It is already a trusted store of value and that value had been rising for last 8 years. It is way safer than all the other alt coins combined together.
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April 20, 2018, 12:43:30 PM
 #152

bitcoin is already lon term trusted store of value because it is very secured compare to other currency that exist this day. bitcoin is very secure because they use 256bit encrypted password and no one can hack this security. maybe they need more years to do something hacking business in cryptocurrency or blockchain.
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April 20, 2018, 12:45:14 PM
 #153

I am more inclined that bitcoin as a valuable or often referred to as an asset (item/coin) even though bitcoin does not have a definite physical form. It would be easier when we consider that bitcoin rather than bitcoin to be a long-term store because it may be considered a store where bitcoin must have a monthly or even annual stock of assets to meet market demand.
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April 20, 2018, 12:47:24 PM
 #154

I think, if bitcoin would became a long-term trusted store with a price of $2.000.000 it will cause the guy, who bought a pizza for 10.000 BTC to admit a suicide, lol!
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April 20, 2018, 12:54:37 PM
 #155

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
No one really knows for sure, the developers are doing their part, now the ball is in the court of the governmental bodies around the world, in the end, they have final say so. I would like Bitcoin to be around, but who is to say if an alternative will rise up or not, overthrowing Bitcoin?
   There are a lot of alternative projects on the market, as well as being developed, that claim to be a real disruptor in the fintech industry. Bitcoin believe it or not, is still within its infancy. For the sake of investors, speculators, and fans, let's hope it lasts for a while!

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April 20, 2018, 02:05:15 PM
 #156

Yes, It is evidently obvious based on its value and volume in the market cap. As of this moment bitcoin still leading in coinmarket sites and most investors are dealing with bitcoin because of its popularity and the easiest coin to trade. The more people get indulge with bitcoin the more it becomes trusted and longer life span because everybody love it:)

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April 20, 2018, 02:17:13 PM
 #157

Well Bitcoin is a sustainable development, they will be the lasting coin that can become cash in the world. In my opinion, the BTC may be the common currency of the whole economy over the next few years, as they can change the gold price, which is a measure of the value of the entire economy of the world.
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April 20, 2018, 02:26:41 PM
 #158

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

It was already long enough if you are asking that bitcoin could be trusted for long term, the price of bitcoins is very cheap before back in 2013 and there's no one interested on investing in it till the price rise up today in the market.
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April 20, 2018, 02:54:27 PM
 #159

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

It was already long enough if you are asking that bitcoin could be trusted for long term, the price of bitcoins is very cheap before back in 2013 and there's no one interested on investing in it till the price rise up today in the market.

Yeah, bitcoin already spend a long term and now bitcoin has come in this stage where we already have profit from it. If we have bought bitcoin since 2 or 3 years ago, now we come in this stage where we could make profit in a day and the next month bitcoin may be fall down, still we are in profit, But i do agree on it, that bitcoin has become long term trusted store of value. 

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April 20, 2018, 03:33:51 PM
 #160

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

It was already long enough if you are asking that bitcoin could be trusted for long term, the price of bitcoins is very cheap before back in 2013 and there's no one interested on investing in it till the price rise up today in the market.

Yeah, bitcoin already spend a long term and now bitcoin has come in this stage where we already have profit from it. If we have bought bitcoin since 2 or 3 years ago, now we come in this stage where we could make profit in a day and the next month bitcoin may be fall down, still we are in profit, But i do agree on it, that bitcoin has become long term trusted store of value. 

My opinion the only term investment is very power way for the profits in bitcoin so if you want to store more amount for investment you will definitely choose bitcoin long term investment .
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April 20, 2018, 04:50:09 PM
 #161

BTC is profitable for investment and long time investment in it's more profitable.But there is a lot of risk because it's price is volatile.So there is a possibility of lose.Above everything, Btc will become a trusted store of value in long-term investment.

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April 20, 2018, 05:01:42 PM
 #162

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

Yes of course, Anyone can trust because of its stability in the market were no other crypto can defeat its market stability.
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April 20, 2018, 05:19:04 PM
 #163

Yes and I'm pretty sure for it. The dominant of bitcoin nowadays is a loud voice on how clear your words is.

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April 20, 2018, 05:34:25 PM
 #164

yes of course bitcoin to be a suitable place for long-term investment because I think bitcoin has a very limited total supply that makes bitcoin price from year to year will be more expensive depending on the level of difficulty when want to get bitcoin, the higher the difficulty the more expensive price bitcoin.

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April 20, 2018, 05:40:20 PM
 #165

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

Bitcoin is already trusted by different investors in the market because they already see how wealthy those other people who invest when the prices are still very low and the value just sky rocket immediately last december.
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April 20, 2018, 07:14:41 PM
 #166

While bitcoin has not reached too high price values, it may well be a repository of value. However, if it exceeds the cost of 80 000 - 100 000 dollars, I most likely will not invest in it as a value depository. The fact is that, given its high cost, people will be very worried about the decent money invested in bitcoin, and with each negative information about the crypto currency, some of them will panic and sell their bitcoins. At the same time, the bitcoin rate will decrease. Someday such a situation can provoke a real panic and then bitcoin can fall to the level of its depreciation. What then happens to bitcoin as a repository of value?

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April 20, 2018, 08:27:14 PM
 #167

Bitcoin is already a long-term and reliable repository of value and will be such in the near future. However, what will happen to him in the future is difficult to say for the time being. When he decently rises in price, investing in it will be quite risky. Perhaps by that time there are ways how to solve its problem of high volatility, which is capable of destroying it in the future.
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April 20, 2018, 08:37:58 PM
 #168

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

Bitcoin is already trusted by everyone, there are countless numbers of investors in the market today and they are all hoping to earn profit in the future so am i, so try to invest today while the price is still low in order to become wealthy in the future.
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April 20, 2018, 08:45:24 PM
 #169

Yes it will we know that bitcoin value are good. And i think bitcoin is very good when doing as a long term investment neither short term cause it price are still viloated and bitcoin risen just with some big news happen

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April 21, 2018, 07:36:18 AM
 #170

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
Yes. I do believe that bitcoin has the right potential and capabilities of becoming a long term trusted store of value because since the bitcoin has started its popularity among the people have increased a lot all over the world. Because of which its users have also increased drastically around the world. All this has resulted in increasing the demand of bitcoin among the people throughout the world. This is evident from the increasing price of bitcoin around the world.
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April 21, 2018, 08:30:13 AM
 #171

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
Yes. I do believe that bitcoin has the right potential and capabilities of becoming a long term trusted store of value because since the bitcoin has started its popularity among the people have increased a lot all over the world. Because of which its users have also increased drastically around the world. All this has resulted in increasing the demand of bitcoin among the people throughout the world. This is evident from the increasing price of bitcoin around the world.

Bitcoin was designed by Satoshi to be used as mode of payment but it suddenly became a store of value (SOV), meaning at it grow and adopted by many, its likely that it will become either of the two. Most casuals like us wants to used it to buy items around the web using it, sadly its not been the case as there are a few stores who are accepting it. However, for those big guys there who has a lot of money, they think bitcoin as a investment portfolio.

But in any case I think it is really good for the ecosystem maybe its not going to be as micro payment scheme as original envision by Satoshi, but at least the market keeps growing and maybe one day we will get to see it being used more to buy around the web.

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April 21, 2018, 03:30:24 PM
 #172

I think yes! bitcoin is most proven coin in cryptocurrency world! bitcoin always deserve long-term trusted store of value! I suggest you for keep faith over bitcoin for best investment.

It's a good idea. Keeping faithful for the best investment. Bitcoin proves as a cryptocurrency world always deserves long time trusted store of value. Bitcoin has a very limited total supply that makes bitcoin price from year to year will be more expensive depending on the level of difficulty when want to get bitcoin, the higher the difficulty the more expensive price bitcoin. Bitcoin still rises after every fall so there are chances that it will continue to be like this in more coming years. Always rising from it's fall and that gives us hope somehow that bitcoin will continue to rise in more coming years and it is a right decision to invest in bitcoin for long term investment.
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April 21, 2018, 03:35:11 PM
 #173

I agree and I do think bitcoin will do become a long-term trusted store of value because a lot of people see its capability to make the lives of some better. I have faith in bitcoin and I will stay loyal to it for as long as it takes because I know it will help out a lot.

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April 21, 2018, 04:39:03 PM
 #174

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

I think bitcoin already become store of value when bitcoin price touching $19k. Peoples will moving their asset to bitcoin because its more profitable than fiat money and bitcoin already have advantages than fiat money like fast transfer and lower fee transaction.
I am believe that bitcoin is long term investment and in other word bitcoin is long term store of value like gold
Yeah, it already is.
If I had kept all my fiats in the bank and did not buy the little I bought in bitcoin past few years, I am sure it would have just remained the same and would have ended up spending it anyway. Bitcoin has been a store of value irrespective of its volatility and in the long term it surely shows a great prospect as store of value than we probably would not even think of or imagine.

I totally expect bitcoin to keep increasing in demand as we move on, and with that, we know the value will keep pushing up.
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April 21, 2018, 04:52:12 PM
 #175

Yes, I am ignoring the performance of Bitcoin so far as I am impressed with the core philosophy of Bitcoin and blockchain technology, I am sure that in the coming years we will see decentralization in almost every sector in order to improve efficiency as a result Bitcoin will be one of the major players in the fund transfer industry. Considering price aspect, I believe that volatility will be there but it will keep growing at a sustainable growth rate.
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April 21, 2018, 08:21:11 PM
 #176

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

I think and still believe that bitcoin can be a long term trusted coin because of its specs and usage. bitcoin will exist and be a long therm investment.
No doubt it is good to sue bitcoin as long time investment as price of bitcoin is very good and it is getting more and more high, right now there are a lot of people who are earning with bitcoin and they knows how bright bitcoin future is so same as them I invest in bitcoin because I have strong faith for bitcoin and I will never stop investing in bitcoin. Bitcoin has long bright future and it will never end even after 100000 of years bitcoin will ever last and one more thing that every passing year is increasing it in demand and in price.
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April 21, 2018, 09:14:37 PM
 #177

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
At this point everything is possible, it is still too early in the development of bitcoin to know if it is going to reach all of its goals, if bitcoin truly becomes a currency used all over the world and accepted in everyday transactions then it's very likely that its price will be very high, I do not know the exact figure, and I do not know if you are right in stating that it will be worth two million dollars, but it also exist the possibility that is replaced by a better coin even if that is very unlikely.

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April 21, 2018, 10:13:38 PM
 #178

I agree and I do think bitcoin will do become a long-term trusted store of value because a lot of people see its capability to make the lives of some better. I have faith in bitcoin and I will stay loyal to it for as long as it takes because I know it will help out a lot.
Right.We won't be staying in bitcoin for longer years if its performance is not impressive at all.I have witnessed bitcoin's ups and downs and how it survived,so i can really say that bitcoin will definitely become a long-term trusted store of value.It's really risky to think but if you have high trust and hopes for bitcoin,for sure it will be very worth it in the end.
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April 21, 2018, 11:04:35 PM
 #179

I believe that bitcoin can be a long term trusted coin because of its specs and usage. The scarcity also of bitcoin makes its endurance, why? Because if it has unlimited supply of coins then for sure its price will not goes up. The tendency is that, many investors will pull their investment because bitcoin is not profitable.
No, they don't have unlimited supply of coins, in fact the 21bil of circulating supply are almost be mined already but it is not the reason that bitcoin will stop it's journey. It could still be in the market and that circulating numbers of bitcoin could be only we used to play in the market but we can say that it's gaining profit slightly change cause theire is nothing to be mined anymore that could boost it's price into growing up.
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April 22, 2018, 04:45:41 AM
 #180

Bitcoin can be a reliable repository of value only when it does not have a very high cost. When it reaches a very high price, due to the fact that its volatility will continue to manifest itself, and, in the course of time, the amplitude of its fluctuations will only increase, it is unlikely that it will then be a reliable repository of value. With each large decline, some bitcoin holders will be wary of their significant savings and will sell their bitcoins. This will loosen the situation and can lead to panic in the market and a sharp drop in the bitcoin rate until it depreciates.
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April 22, 2018, 05:19:26 AM
 #181

It has been and will always be until the crypto sphere seize to be no more. Bitcoin is now one of the best established crypto and proving that its demand never perish. I could say that in the long period of time that it actually seize to be of existence , it have shown great improvement and stability in the market. There were great recognition of its use also making it as a reliable cryptocoin.
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April 22, 2018, 06:58:18 PM
 #182

My answer is yes if you have trust and knowledge about coin. It’s a popular and trusted coin but in recent month we see the condition of Bitcoin was not good. So Question is come had you confidence during down rate? Because there have many user who lose the hope and sell the coin.
If you have strong believe and much experience about this currency and Bitcoin than you can invest for long term.
Market is changing not the digital currency but also all of the market. people are now conscious and they gather knowledge what should is good for him.  According to my knowledge still bitcoin is the best coin for investment sector and has long term trusted value. 
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April 22, 2018, 10:49:45 PM
 #183

It might be,  considering its platform and usefulness in this generation definitely it will stay for us for a long time until such new currency created again.  Bitcoin become a useful currency in todays generation, we are in internet era and we really need this currency to give us other options in online payment transaction that could fasten our works daily.
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April 23, 2018, 03:35:04 AM
 #184

It has already become a long-term trusted investment store of value, I think.
A lot of people hold off their earnings and investments preferable to longer time periods as they see Bitcoin to have a very great potential in having higher price in the future just by looking at its progression in the past years to which they would sell on and have maximum profits.
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April 23, 2018, 03:57:01 AM
 #185

I believe that bitcoin can be a long term trusted coin because of its specs and usage. The scarcity also of bitcoin makes its endurance, why? Because if it has unlimited supply of coins then for sure its price will not goes up. The tendency is that, many investors will pull their investment because bitcoin is not profitable.

off course, I agree with you mate. bitcoin can be a long term trusted coin, because of its specs and usage. it is simple and secure. also so popular.
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April 23, 2018, 04:50:58 AM
 #186

Yup it has very chance that not only btc but cryptocurrency will become next big thing .but the problem lies in technology lack of awareness but slowly it will spread. we already know trader are taking btc as virtual gold so more to come.as we are still in early era of crypto so its best to buy and hold for future gain.
i think yes that bitcoin become a long term trusted store of value because of the price and you can really have a big profit on it so i guess bitcoin will become long term investment and a long term trusted store of value and of coarse bitcoin will have a potential  in having higher price.

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April 23, 2018, 05:05:44 AM
 #187

Bitcoin is built to be a long term digital store of value. If you will just keep your bitcoin for a long time since you bought it, expect it to have a good value today and others missed that opportunity too.

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April 23, 2018, 05:37:51 AM
 #188

I would prefer gold over Bitcoins in any case because since the value of Bitcoins is very volatile and also the government is all set on regulating it or banning it ..it might create few problems on the way.
What if you invested a huge sum and instantly the possession of Bitcoins became illegal you will have to find ways and what if u didn't ?
It's risky at this moment but yes for long term investments its worth it.

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April 23, 2018, 06:15:57 AM
 #189

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

your criteria are too much, dont push it, $2,000,000 a coin??? seriously? the price of bitcoin is dependent on a real time traffic of demand versus supply, who would buy bitcoin with that price? bitcoin today has proven its long term value, from the day it started up to this date, for sure bitcoin will increase its price from time to time but you have to consider the market share of altcoins and other crypto in the future, you can rest assured that bitcoin can be relied on even for a long term. just trust the system and read all the graphs and read the market.
It is something that is possible. It is a market, and demand can actually bring a lot for this space and we may actually get to see something like this happening in the long run, but when is what no one can know. I would not have thought in 2009/2010, we would have even gotten to this point and if anyone should mention it, it would be like a joke, but here we are, and still trying to give a push higher. The market is just starting comparing to where we are and what the future may hold, so as a long term store of value ? It is indeed !
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April 23, 2018, 07:00:40 AM
 #190

I think yes! bitcoin is most proven coin in cryptocurrency world! bitcoin always deserve long-term trusted store of value! I suggest you for keep faith over bitcoin for best investment.
yes of coarse bitcoin is proven and tested, bitcoin really become a long term trusted store because we all know that bitcoin is a currency that holds a long time and many years already past but still be the best currency ive ever known and i think this is the best when it comes to investment.

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April 23, 2018, 07:40:18 AM
 #191

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
Yes I totally believe that bitcoin will become a long-term trusted store of value and trust. This is because since bitcoin has started its value and price have continuously increased and it is still continue to increase day by day. This is because of the increasing popularity of bitcoin among the people who are willing To invest in bitcoin. This has also increased the users throughout the world who use bitcoin on daily basis. So bitcoins demand has increased among the people because of which it safe to say that its value will also increase in the future.
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April 23, 2018, 08:19:06 AM
 #192

In my opinion, Bitcoin has become a reliable and long-lasting "store". The development history of 10 years, the growth rate is proportional to the popularity. You probably will not choose it because of the unstable price but the "bitcoin" store is of great importance and position in the economy and society. Samsung has the idea and put into production of dedicated chips to support bitcoin mining. Dell can accept bitcoin. I do not think they are wrong.
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April 23, 2018, 09:50:01 AM
 #193

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

It was already long enough if you are asking that bitcoin could be trusted for long term, the price of bitcoins is very cheap before back in 2013 and there's no one interested on investing in it till the price rise up today in the market.

Yeah, bitcoin already spend a long term and now bitcoin has come in this stage where we already have profit from it. If we have bought bitcoin since 2 or 3 years ago, now we come in this stage where we could make profit in a day and the next month bitcoin may be fall down, still we are in profit, But i do agree on it, that bitcoin has become long term trusted store of value. 

My opinion the only term investment is very power way for the profits in bitcoin so if you want to store more amount for investment you will definitely choose bitcoin long term investment .
By doing long term investment you can make better life ahead. Reason is, bitcoins are continuously growing in this world. No matter the price, as this is volatile coin so you can expect a low price as well, but still the fame and popularity is continuously increasing for bitcoins. So just don’t worry about the end in bitcoins, it would be best for you. Keep confidence in them and invest.
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April 23, 2018, 10:19:08 AM
 #194

I think that everything depends on the position of the government and central banks, if there is a law on the regulation of bitcoin and other cryptocurrencies, then everything is possible.

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April 23, 2018, 02:11:41 PM
 #195

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
Yes of course, you can use Bitcoin as a long-term store of value, although the price does fluctuates heavily due to its high rate of volatility, but sometimes you will make profit or maybe loss. But Bitcoin is good for storing values, maybe just take it as an investment and leave it for as long as you like and when you need, if the price is down, you then need to have patience till recovers to a better rate and you can take it out.
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April 23, 2018, 08:02:12 PM
 #196

I think that everything depends on the position of the government and central banks, if there is a law on the regulation of bitcoin and other cryptocurrencies, then everything is possible.
Not exactly we think that government participation makes crypto especially  bitcoin will become long-term trusted. It also the community adoption have a huge contribution for its successful development. Besides,  crypto regulations become a basis to gains more trust from investors.
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April 23, 2018, 08:15:25 PM
 #197

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

Yes it will be a long term trusted investment, the price of bitcoins today is increasing continuously and if you are going to invest today then there will be a huge chance for you to get wealthy in the future just like what happened to other investors back in 2013.
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April 23, 2018, 08:40:22 PM
 #198

I believe that bitcoin can be a long term trusted coin because of its specs and usage. The scarcity also of bitcoin makes its endurance, why? Because if it has unlimited supply of coins then for sure its price will not goes up. The tendency is that, many investors will pull their investment because bitcoin is not profitable.

off course, I agree with you mate. bitcoin can be a long term trusted coin, because of its specs and usage. it is simple and secure. also so popular.
To believe this thing that bitcoin is the best possible choice for long term investment of money, the very first thing which can help you in doing so is none other than that of getting more information regarding bitcoin and that spending more time in learning the behavior as well as the performance of the bitcoin. You yourself will, then be easily convinced and that you will take this decision.
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April 23, 2018, 08:56:01 PM
 #199

Of course, it can be a long-term reliable value store. Not only Bitcoin,all of reliable coins can. But, i just wonder that why do you want to invest in the long term? So, short-term investments will earn you more profit than wait so long. In the meantime you will lose, that is, you have to be prepared for it, you have to manage your feelings and you will see the result yourself.
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April 24, 2018, 04:42:56 AM
 #200

Yes, it's possible. Because Bitcoin has a lot of advantages that are so useful to businessmen. It will never go down or no one can make Bitcoin disappear aside from not having internet. So I beliece Bitcoin will stay for a long period of time

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April 24, 2018, 08:42:13 AM
 #201

Given the high volatility that has characterized cryptocurrencies over time, it does not seem that the manifest destiny of bitcoin is to become a reliable store of value, because no one in this world would be willing to deposit their wealth in an asset that in a matter of days and before any rumor, it could lose more than 50% of its value. And even more so when the technology that supports Bitcoin does not seem to have enough strength to remain valid over the years, because the possibility of being displaced by more advanced technologies could lead to bitcoin at a lower price every day.
Oh please... the fact that it is volatile does not make it any worse that fiat. I guess you should have known that already. As long as everyone understands this is a new market and until we probably have a huge market cap and a lot of bigger investors in, we will keep seeing this level of volatility. All we have on the chart is just people getting greedy unnecessarily based on speculations, buying into FOMO, those are some set of inexperienced investors who just want to get rich overnight and what do you expect from the market ?
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April 24, 2018, 08:47:26 AM
 #202

Perhaps bitcoin can be attributed to a reliable investment of money for a long time, only there are many currencies in the market that allow you to increase revenue many times faster.

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April 24, 2018, 08:56:18 AM
 #203

Perhaps bitcoin can be attributed to a reliable investment of money for a long time, only there are many currencies in the market that allow you to increase revenue many times faster.
I fully agree with you. As in any business, prolonged freezing of funds is unacceptable. Long-term investments are made only in the least risky projects with a well-defined profit. On the other hand, Bitcoin has many prospects for development, and it can completely change the current concept of investment.
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April 24, 2018, 09:04:41 AM
 #204

bitcoin is already long term trusted store of value, bitcoin is very good coin that exist very long time ago. bitcoin is very secured coin and it is profitable coin that people can make money easily. bitcoin is good assets because the price goes up and up so fast.
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April 24, 2018, 10:04:35 AM
 #205

bitcoin is already long term trusted store of value
I told it to my friends who bought bitcoins at 20 000 $ Grin
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April 24, 2018, 04:35:13 PM
 #206

I believe that bitcoin can be a long term trusted coin because of its specs and usage. The scarcity also of bitcoin makes its endurance, why? Because if it has unlimited supply of coins then for sure its price will not goes up. The tendency is that, many investors will pull their investment because bitcoin is not profitable.

off course, I agree with you mate. bitcoin can be a long term trusted coin, because of its specs and usage. it is simple and secure. also so popular.
Its usage in the long run as a reliable currency to hold and make transactions will be one of the major things that would make bitcoin stand out in the long run as a store of value. Some may be skeptical with respect to it being just a digital asset and nothing physical, but we also have to understand we are already in the digital age and a lot of things are changing. For bitcoin? Long term storage it is and nothing will make me change my opinion regarding that except of course if........

Moreover, the idea that makes bitcoin be not just a currency but a store of value as well is its deflationary characteristics. As long as this is intact, with the limited supply and more adoption, it definitely means we are obviously heading up and nothing is going to be changing that. Bitcoin has been a very good store of value over the years and with the way things are now, it is even becoming more glaring that we have better days ahead for those who believe in its real value.
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April 24, 2018, 04:38:52 PM
 #207

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

I believe that there are a lot of people already who are trusting bitcoins because they invest a huge amount and hold it for a very long time because they are expecting a huge profit that they can earn in the future.
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April 25, 2018, 04:45:24 PM
 #208

Bitcoin can be a reliable repository of value only when it does not have a very high cost. When it reaches a very high price, due to the fact that its volatility will continue to manifest itself, and, in the course of time, the amplitude of its fluctuations will only increase, it is unlikely that it will then be a reliable repository of value. With each large decline, some bitcoin holders will be wary of their significant savings and will sell their bitcoins. This will loosen the situation and can lead to panic in the market and a sharp drop in the bitcoin rate until it depreciates.
The volatility of bitcoin is not such a great factor just look at what happened in the last year the price went up very rapidly and then it went down very rapidly however the price did not crash completely we began the last year at 1000 and the bottom of the crash was 6000 that is still incredible profits for a coin that is just supposed to be for some people a store of value.

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April 25, 2018, 05:59:45 PM
 #209

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

Yes, bitcoin can be of value for the long term, so many investors choose bitcoin as a reliable long-term investment, bitcoin can rise high and even though bitcoin decreases, it would be a good time to buy bitcoin, and because the demand for bitcoin increases then will make the bitcoin value increase.
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April 26, 2018, 10:51:40 AM
 #210

Yes and I'm pretty sure for it. The dominant of bitcoin nowadays is a loud voice on how clear your words is.

That's has a great possibility. Because bitcoin value is unpredictable and making it in long term investment has a great possibilities to be a good storage of great profit in terms of its very promising value. Mostly of the successful investors of bitcoin gives their 100% trust to it and they really gained more profit of having it used for long term investment strategy.
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April 26, 2018, 11:42:49 AM
 #211

any investment is at risk, unstable at a price that makes a little anxiety until investors hesitate and re-think to invest their money in btc in the long run, but there is a big advantage that will be less pressing their anxiety at least they invest in some time ahead while continuing to monitor btc exchange rate every time, so trust is there but not completely yes maybe around that you predicted earlier
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April 29, 2018, 02:32:52 AM
 #212

Given the high volatility that has characterized cryptocurrencies over time, it does not seem that the manifest destiny of bitcoin is to become a reliable store of value, because no one in this world would be willing to deposit their wealth in an asset that in a matter of days and before any rumor, it could lose more than 50% of its value. And even more so when the technology that supports Bitcoin does not seem to have enough strength to remain valid over the years, because the possibility of being displaced by more advanced technologies could lead to bitcoin at a lower price every day.
Oh please... the fact that it is volatile does not make it any worse that fiat. I guess you should have known that already. As long as everyone understands this is a new market and until we probably have a huge market cap and a lot of bigger investors in, we will keep seeing this level of volatility. All we have on the chart is just people getting greedy unnecessarily based on speculations, buying into FOMO, those are some set of inexperienced investors who just want to get rich overnight and what do you expect from the market ?
True, those that are expecting bitcoin to be like fiat are completely mistaken, fiat has existed for a very long time and in this day is the dominant form of money, that is why it is relatively stable, if bitcoin had existed for such a long time and it was the most dominant currency around the world you can be sure that it will be as stable or even more stable than fiat.
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April 29, 2018, 03:41:43 AM
 #213

Could be, we all see that bitcoin development is on the rise, this makes all bitcoin users optimistic with the future of bitcoin, I'm sure that everyone is getting more confident with the future of bitcoin.

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April 29, 2018, 03:54:22 AM
 #214

Could be, we all see that bitcoin development is on the rise, this makes all bitcoin users optimistic with the future of bitcoin, I'm sure that everyone is getting more confident with the future of bitcoin.

Yes there is that possibility that it would become a store of value for the long time but eventually it would become a currency as its price becomes more stable. The crypto world is still in its infancy that's why prices are still volatile and with a lot of new money coming in, prices go up and down rapidly causing an opportunity for the traders to trade more than use bitcoin as currency. With a limited supply and increasing demand, price will surge making it a good investment opportunity and makes the people hold it than spend it.

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April 29, 2018, 03:59:14 AM
 #215

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
I agree with you, bitcoin is just going to become something like another gold, but its value will be much higher.
But you also do not need to rule out the option that bitcoin is a means to squeeze money out of people.
So do not forget about risk management, despite the figures that draws your imagination in your head.
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April 29, 2018, 04:55:23 AM
 #216

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
In my opininion bitcoin will become a long term trusted store of value, because of its characteristics and it's a limited supply that makes attraction to the investors. Actually, bitcoin is still remain as the strongest cryptocurrency, so it's deserving for long term invesment.
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April 29, 2018, 05:27:11 AM
 #217

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

off course, I am sure Bitcoin will become a long term trusted store of value. because of its specs and usage. bitcoin is the future currency. it will happen, lets see..
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April 30, 2018, 05:20:39 PM
 #218

450 members and growing! DAG
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Must have belief in the project and wish to hold long term. Founding members cannot participate in Pre-sale.
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April 30, 2018, 05:27:52 PM
 #219

If I think this bitcoin is more suitable to be called long-term investment instead of long-term value store, I also invest in bitcoin because I know that bitcoin has a very good profit for us to invest and again if we currently buy bitcoin and sell it at a price which is very expensive at the end of the year, we will be able to profit big.
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May 01, 2018, 06:25:26 PM
 #220

I think so, because bitcoin is a proven coin in the world of cryptocurrency. because we are still in the early era of crypto so it's best to buy and hold for profit in the future.
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May 01, 2018, 06:27:17 PM
 #221

Surely so many investors choose a reliable long-term investment, the article can easily get more profit if the price goes beyond the normal limit and can sell at any time without having to worry about losing coins.
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May 02, 2018, 06:28:48 AM
 #222

Yes of course,  bitcoin will be a long term store of value. It is a nine year old now and still counting because the number of bitcoin users increases over time. It is the best creation of the modern times and it has big impact on the financial system. Sooner or later, bitcoin will become the future of money.
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May 02, 2018, 06:46:50 AM
 #223

Depends on the investors themselves. If we panic sell at the smallest of dips in prices then basically we are screwed. Our main goal why we are holding our coins is to make it as stable as possible. Selling your coins and buying some gain and selling then again is not helping at all. We shoukd just really look into holding and buying more rather than selling. I believe bitcoin will be a strong crypto currency and we will reao all the benefits from it.

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May 02, 2018, 07:27:19 AM
 #224

Will Bitcoin become a long-term trusted store of value? Yes it will be because we have change so many currencies  and we are now in the new era of bitcoin that is just moving gradually  qnd gaining it's ground and gaining recorgnision in the global world.  Therefore the future is bright and shinning for crypto

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May 02, 2018, 07:38:13 AM
 #225

It might be hard to assume that it can be worth a  million in coming days. But just think of people who bought it for few cents, could they imagine that one day it would be $20000 but that is reality now.

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May 02, 2018, 08:10:59 AM
 #226

It might be hard to assume that it can be worth a  million in coming days. But just think of people who bought it for few cents, could they imagine that one day it would be $20000 but that is reality now.
It may only be applicable for early adopters when the price is just cents and they decide to forget or hold it in a month, but now that bitcoin is too exposed in media, then we might not experience it if we will not buy during dips and put effort in trading or investing.

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May 02, 2018, 08:17:03 AM
 #227

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
I agree with you, bitcoin is just going to become something like another gold, but its value will be much higher.
But you also do not need to rule out the option that bitcoin is a means to squeeze money out of people.
So do not forget about risk management, despite the figures that draws your imagination in your head.
Bitcoin is already called as digital gold because like gold, it is also a very precious asset that not everyone can afford or at least, not all of us can have big amount of bitcoin. It is indeed expensive. Even during the downfall, bitcoin was far above the reach of common person. It did not get lower than 5k dollars and investing 5 grand at one time is a pretty tough task to accomplish.
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May 02, 2018, 08:23:37 AM
 #228

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
Your reasoning is not entirely clear. I believe that even at the moment, bitcoin can be considered beneficial, long-term preservation of value, if you did not buy it at a peak of $ 20,000. Bitcoin has a great future and growth prospects, I believe that its price will continue to grow.

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May 02, 2018, 09:29:29 AM
 #229

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.







http://fortune.com/2018/02/08/bitcoin-price-cryptocurrency-gold-price-buy/
Most investors are choosing bitcoins as digital gold to park their assets. Selling their metal gold just investing for bitcoin because they believe that the value of the later one  is increasing everyday that will get more profitable than  the real gold. Some investors also choose the metal gold as they know that this metal is forever and well established and trusted although the value is slightly increasing than bitcoin.

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May 02, 2018, 09:39:51 AM
 #230

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

off course. I believe that Bitcoin become a long-term trusted store of value. bitcoin is the future technology, it will exist for along years. it is a good investment.
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May 02, 2018, 01:34:57 PM
 #231

Yup it has very chance that not only btc but cryptocurrency will become next big thing .but the problem lies in technology lack of awareness but slowly it will spread. we already know trader are taking btc as virtual gold so more to come.as we are still in early era of crypto so its best to buy and hold for future gain.
i think yes that bitcoin become a long term trusted store of value because of the price and you can really have a big profit on it so i guess bitcoin will become long term investment and a long term trusted store of value and of coarse bitcoin will have a potential  in having higher price.
So far so good, while taking a look back, bitcoin has really shown a better chance as a store of value than so many other assets. As we move ahead and more growth and development keep kicking in, with bitcoin being not just a store of value but the value of it being a currency which is going to be used by most enthusiasts and some of the non-enthusiasts globally, will even make it more worthwhile to hold in the long run.

Higher price is something that is obviously certain in the long run. Store of value along with attractive remunerations are some unbelievable benefits of bitcoins. Some people are expecting bitcoin to hit million dollar levels. So, all we must do as of now, is simply holding. 
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May 02, 2018, 01:45:40 PM
 #232

I believe that BTC will develop sustainably and save all people, BTC will bring wealth to us in the future if we have business knowledge and perseverance. Everything will come true if you know what to try.
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May 02, 2018, 02:34:26 PM
 #233

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
Your reasoning is not entirely clear. I believe that even at the moment, bitcoin can be considered beneficial, long-term preservation of value, if you did not buy it at a peak of $ 20,000. Bitcoin has a great future and growth prospects, I believe that its price will continue to grow.
That is the only way for bitcoin to go, to go up. It will not go down since it has a limited supply and the people always want to keep it because they believe to the future of bitcoin and the technology of it so it is simple that bitcoin is for long term store of value because we can just put our money and expect huge return from it after a few years.
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May 02, 2018, 02:51:16 PM
 #234

Yes I believe bitcoin become a long-term trusted store of value, I know that it gives good profit returned in the future and life changing begins with us, just hold and time will come for a good future.

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May 02, 2018, 03:31:19 PM
 #235

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

Maybe yes in the long run many will respond to what btc has instore... With it's good profits in return people will learning to adopt na value of cryptos..

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May 02, 2018, 03:37:32 PM
 #236

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

I think you somewhat misunderstand what the idea of a store of value means in practice. As the term itself suggests, a store of value is about keeping, i.e. not losing value over the long term. It doesn't mean any specific price. In fact, it may mean any price as well as a change in that price. For example, gold is considered a good store of value even though its price is volatile (though not as volatile as Bitcoin's, of course). How come? The answer is simple, it is its price in dollars (or whatever) which changes, not its real value as it is valued against other non-monetary items. In other words, it is the dollar value which fluctuates and makes it look like gold is volatile, while in reality gold is pretty stable or even rock-solid

Now you can apply this logic to Bitcoin and see how well your theory fits in

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May 02, 2018, 05:47:11 PM
 #237

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
I don't think it is a good idea to go for a long-term especially with the use of bitcoin because we know bitcoin can change it's value anytime so if you stored big amount of bitcoin for a long time, bitcoin's value might be drop because the supply might get stuck when you just stored it.
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May 02, 2018, 07:18:58 PM
 #238

A reliable repository of the value of bitcoin can only be when it does not reach very high price values. It is unlikely that it will be a reliable repository of value, if its price rises over one hundred thousand dollars. At this cost, each holder of bitcoins will worry about their investments and will constantly monitor the news about the crypto currency. With various negative information, which even now appears periodically, including fictitious, there will be alarmists who will immediately sell their bitcoins. This can provoke panic and bitcoin will fall sharply in value until depreciation. Under such circumstances, it can hardly be said that it will be a reliable repository of value.
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May 04, 2018, 06:55:13 PM
 #239

Bitcoin is the best in strong and knowing the things and knows how to supply in limitations.

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May 04, 2018, 08:01:44 PM
 #240

bitcoin is already long term trusted store of value, bitcoin is very good coin that exist very long time ago. bitcoin is very secured coin and it is profitable coin that people can make money easily. bitcoin is good assets because the price goes up and up so fast.
I agree with you, that bitcoin is a reliable coin.
and is a very profitable coin, which can make money easily in business. because the price that is produced always rises rapidly in every hari.nya.
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May 04, 2018, 08:11:38 PM
 #241

The answer to this question depends upon Bitcoin popularity and sustainability in the coming years. Bitcoin is not the only coin that has such productivity for people now market has many new coins having better features than Bitcoin and having less trading fees making them more convenient. All these things makes one doubt that will the dominance of Bitcoin continue. Bitcoin as a long term trusted source is possible but at present time seems to be difficult to achieve.
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May 05, 2018, 12:00:35 PM
 #242

Yes, it’s quite possible to make use of Bitcoin as a store for value, but the only problem is that the price, unlike gold, fluctuates. It might reach the time you want to withdraw it and the price will end up being at price rate that you want be okay with. Unless you’re ready to keep on holding till it gets to something much better, if not, then I will recommend you make use of gold as a store for value cause it’s very stable. But when it comes to gold and Bitcoin, I will likely go for Bitcoin because you’re likely to make ten times more of what you stored. So Bitcoin is not just a store for value, but an investment that yield a huge income.
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May 05, 2018, 12:26:20 PM
 #243

For me storing your money for a long time in cryptocurrency like Bitcoin, is a risky process, because any time your investment will probably loss or gone, you can nevere assure the stable value of many coins in cryptocurrency for the reason that they are always fluctuating all the time.

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May 05, 2018, 01:13:43 PM
 #244

Yes! Everytime I see its way working in the market the chance for long-term trusted store of value is positive.
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May 06, 2018, 11:47:00 AM
 #245

Yes, it’s quite possible to make use of Bitcoin as a store for value, but the only problem is that the price, unlike gold, fluctuates. It might reach the time you want to withdraw it and the price will end up being at price rate that you want be okay with. Unless you’re ready to keep on holding till it gets to something much better, if not, then I will recommend you make use of gold as a store for value cause it’s very stable. But when it comes to gold and Bitcoin, I will likely go for Bitcoin because you’re likely to make ten times more of what you stored. So Bitcoin is not just a store for value, but an investment that yield a huge income.
It surely will. We are early adopters, we will definitely keep seeing this fluctuation for a while and obviously and gradually get used to it. When laggards end up coming, they are only going to end up meeting it as currency that changes a lot of things, but by then the value would have gotten far more than this before we even know it.

What really makes it a store of value is actually the usage which is the main value that should be driving in demand in the long run.

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May 06, 2018, 12:07:14 PM
 #246

i hope it soo, bitcoin are very good invetion in the economic thing that making all of thing like currency or data fast digitalize and hope it can being use in the long term purpose
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May 06, 2018, 12:11:42 PM
 #247

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
Maybe you forgot that the price is not steadily increasing it's a volatile movement and anytime the price may shift to any direction and nobody can predict that this will reach to $2,000,000 per coin considering the current situation. Whales will always make a way to control the price to their level for easy for them to dumps and make a fake rally. Anyway, bitcoin has now become popular so with the entry of new buyers let's hope that the market condition will change to a better trend.
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May 06, 2018, 02:02:02 PM
 #248

Yup it has very chance that not only btc but cryptocurrency will become next big thing .but the problem lies in technology lack of awareness but slowly it will spread. we already know trader are taking btc as virtual gold so more to come.as we are still in early era of crypto so its best to buy and hold for future gain.
i think yes that bitcoin become a long term trusted store of value because of the price and you can really have a big profit on it so i guess bitcoin will become long term investment and a long term trusted store of value and of coarse bitcoin will have a potential  in having higher price.
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May 06, 2018, 02:06:11 PM
 #249

Yes, it’s quite possible to make use of Bitcoin as a store for value, but the only problem is that the price, unlike gold, fluctuates. It might reach the time you want to withdraw it and the price will end up being at price rate that you want be okay with. Unless you’re ready to keep on holding till it gets to something much better, if not, then I will recommend you make use of gold as a store for value cause it’s very stable. But when it comes to gold and Bitcoin, I will likely go for Bitcoin because you’re likely to make ten times more of what you stored. So Bitcoin is not just a store for value, but an investment that yield a huge income.
It surely will. We are early adopters, we will definitely keep seeing this fluctuation for a while and obviously and gradually get used to it. When laggards end up coming, they are only going to end up meeting it as currency that changes a lot of things, but by then the value would have gotten far more than this before we even know it.

What really makes it a store of value is actually the usage which is the main value that should be driving in demand in the long run.

Think in this way, you're a businessman and you don't want to hold cash because the inflation rate in your country is very high and your money's purchase power decreases continuously. Then what will you do? You will buy bitcoins to store your money clearly here.
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May 06, 2018, 02:20:37 PM
 #250

If you will put your trust in bitcoin then you do not have second opinion for having your money in bitcoin and it become a long term trusted store of value , because the money you invest in bitcoin are stored in bitcoin itself so yoi trust bitcoin as storage for money or wealth.
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May 06, 2018, 02:35:12 PM
 #251

YES. There are so many reasons behind it. First of all bitcoin is so popular this days even the world news features about bitcoin in so many ways. Bitcoin is now using in korea as alternative currencies not only in korea. People are getting know the idea of it. It will be alive in so many years.
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May 06, 2018, 02:51:36 PM
 #252

We are still anxious to find the answer to the question: Bitcoin has become a reliable store for a long time? It's hard to answer. Bitcoin is like a balloon that sometimes flattens, flips and explodes. If at any time all of your assets are lost because of bitcoin, it will not last long.
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May 06, 2018, 03:03:17 PM
 #253

Actually it has been confirmed, but I believe bitcoin can do it. Because enthusiasts and investors from bitcoin are pretty much so they will not let bitcoin be anything of an asset or investment in the short term.
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May 06, 2018, 07:01:18 PM
 #254

Yes, it’s quite possible to make use of Bitcoin as a store for value, but the only problem is that the price, unlike gold, fluctuates. It might reach the time you want to withdraw it and the price will end up being at price rate that you want be okay with. Unless you’re ready to keep on holding till it gets to something much better, if not, then I will recommend you make use of gold as a store for value cause it’s very stable. But when it comes to gold and Bitcoin, I will likely go for Bitcoin because you’re likely to make ten times more of what you stored. So Bitcoin is not just a store for value, but an investment that yield a huge income.
It surely will. We are early adopters, we will definitely keep seeing this fluctuation for a while and obviously and gradually get used to it. When laggards end up coming, they are only going to end up meeting it as currency that changes a lot of things, but by then the value would have gotten far more than this before we even know it.

What really makes it a store of value is actually the usage which is the main value that should be driving in demand in the long run.

Think in this way, you're a businessman and you don't want to hold cash because the inflation rate in your country is very high and your money's purchase power decreases continuously. Then what will you do? You will buy bitcoins to store your money clearly here.

This is not what a real businessman would do

He would most definitely put his money to work, i.e. reinvest it in his business that already brings him profits. Any real-life businessman understands that if he doesn't try to expand his business "empire" (even if it exists only in his garage or basement) and find new markets for his goods, the competitors will eat him alive in the blink of an eye. By definition, he understands what he does for a living a lot better than Bitcoin (otherwise he would have switched to Bitcoin long ago), so reinvesting in his business is an absolute priority for him

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May 07, 2018, 05:26:51 AM
 #255

For me storing your money for a long time in cryptocurrency like Bitcoin, is a risky process, because any time your investment will probably loss or gone, you can nevere assure the stable value of many coins in cryptocurrency for the reason that they are always fluctuating all the time.
All kind of investment even if you are investing your money in day trading is risky, but if you will not take the risk then you cannot make money from trading and investment, every investor know the fact that they investment is really a difficulty and risky activity but they do not have any other option except to put their money in risky.

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May 07, 2018, 07:43:37 AM
 #256

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

Off course, Bitcoin will become a long term trusted store of value.because Bitcoin is most proven coin in cryptocurrency world! bitcoin always deserve long-term trusted store of value! I suggest you for keep faith over bitcoin for best investment. Bitcoin will needed in the future.
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May 07, 2018, 08:31:36 PM
 #257

You know how the story goes: Bitcoin is wild, violent, unstable. It makes a whirlwind day on the VIX look like a slow waltz. You can’t trust it. Don’t put “real money” in it or the Boogie Man will get it.
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May 08, 2018, 04:58:05 PM
 #258

We think we see how things are but mostly we don’t. Our biases are there to keep us alive not to help us save for a rainy day.
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May 08, 2018, 05:07:46 PM
 #259

Most of us are just walking around with a movie in our head that we perceive as reality but when you really push and prod that movie doesn’t hold up to the light. There’s a disconnect between what’s actually happening and what we think is happening. That disconnect is the source of pain and discomfort and violence and sadness in the world.
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May 08, 2018, 05:45:14 PM
 #260

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

yes, I am sure bitcoin become a long term trusted store of value.Because enthusiasts and investors from bitcoin are pretty much so they will not let bitcoin be anything of an asset or investment in the short term. we will see..
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May 08, 2018, 06:15:25 PM
 #261

I think yes! bitcoin is most proven coin in cryptocurrency world! bitcoin always deserve long-term trusted store of value! I suggest you for keep faith over bitcoin for best investment.

I'm also say yes. Bitcoin will always deserves for long term trusted store of value. The days in the crypto world will last for long there is nothing to worry about crypto in the future, I see it will take a long time with the bitcoin growing and the more new bitcoin users will be the power for bitcoin will not drop all the prices that will persist for a long time in the future, I'm sure bitcoin will remain popular with more and more new users will become stronger for bitcoin, the absence of which can govern it is an advantage to continue growing without being burdened by anyone.
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May 08, 2018, 07:51:26 PM
 #262

yes it is possible. Bitcoin will become a long-term trusted store of value in close future. not so far..
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May 08, 2018, 08:14:37 PM
 #263

Could be, we all see that bitcoin development is on the rise, this makes all bitcoin users optimistic with the future of bitcoin, I'm sure that everyone is getting more confident with the future of bitcoin.
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May 09, 2018, 03:48:42 AM
 #264

If I think bitcoin is suitable to be utilized as one of long-term investment places because the exchange rates often increase so that opportunities for traders to gain profits can be realized by holding asset for several months.

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May 12, 2018, 10:19:21 AM
 #265

because bitcoin has been used as a place to invest our money, and the results of investments in bitcoin is very promising and bitcoin also provide a large enough profit to the user bitcoin

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kauban2018
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May 12, 2018, 11:37:15 AM
 #266

For me, as what Bitcoin showed to us that it is helpful to everyone it will surely be a long-term trusted store of value. People will surely invest and store their money in this business and this can be trustworthy. Aside of that, this is the first cryptocurrencies that gained absolute dollar value, and it also has its own recipe for success. But trust will also depend to the people who understand and know Bitcoin.
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May 12, 2018, 02:26:03 PM
 #267

I think so Bitcoin is already on the path of becoming a store of value. People had started using it for storing their funds quite similar to gold. The basic goal or function with which the Bitcoin was launched was to be used as a currency; for innovating the worldwide payment system or making international transfers. But people are gradually forgetting its original function and started treating it as a store of value. So this is contradicting a good currency can never be used as a trusted store of value.
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May 13, 2018, 09:54:42 PM
 #268

Probably yes, now we don't see a bad situation, sometimes we can see a crisis, but for a long term we can trust on it and invest.

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May 13, 2018, 10:02:01 PM
 #269

i believe that bitcoin can be a long term trusted coin because of its specs and usage. The scarcity also of bitcoin makes its endurance, why? Because if it has unlimited supply of coins then for sure its price will not goes up. The tendency is that, many investors will pull their investment because bitcoin is not profitable.
   
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May 16, 2018, 03:58:09 PM
 #270

Its all about demand and supply of Bitcoin,More awareness of Bitcoin will generate more demand and if supply will not meet to demand will result skyrocket prices.It is experience that Bitcoin have worthy restore value if take a look past history of Bitcoin it increased due to course of time.
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May 16, 2018, 10:40:23 PM
 #271


If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.


Where do you get this figure from?

Bitcoin has the basic characteristics of a store of value, the main one being a limited supply. It will need to have some utility for it to be trusted as a store of value so it must succeed in some form as a currency.
True, bitcoin has the perfect characteristics to be a store of value in fact its characteristics are even better than gold, however there is a lot of competition with many other alts trying to take its place so if bitcoin is become a store of value it needs to leave no doubt that it is the best coin in the market and for that it needs to be adopted as a currency or have some other use.
although bitcoin there is a lot of competition with many other alts, but bitcoin is still the first.
This proves a coin that is trusted for the future.
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May 16, 2018, 10:52:04 PM
 #272

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
I think you should not invest long-term bitcoin at this time, even though you can see that bitcoin prices are constantly increasing but this is just a short term buy, in long term, bitocin prices are still is in bear market. So long term investment in bitcoin at this time will be very difficult and the risk will be very high if bitcoin prices fall sharply by the end of 2018.
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May 16, 2018, 11:35:09 PM
 #273

The Bitcoin is fast still becoming a force to recon with in respect to other altcoins. We are being told that more uses of the Bitcoin will soon be unravelled by the developers and definitely, the store of value comes to play and increasing its price value will be inevitable. I can't really place a timeline on the actual happening date but it is bound to happen.
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May 17, 2018, 12:08:56 AM
 #274

The Bitcoin is fast still becoming a force to recon with in respect to other altcoins. We are being told that more uses of the Bitcoin will soon be unravelled by the developers and definitely, the store of value comes to play and increasing its price value will be inevitable. I can't really place a timeline on the actual happening date but it is bound to happen.
Yes it is a long term trusted currency in the world and it will never dead because many of people want to more improve this currency for their future, so that's why bitcoin will more popular from other cryptocurrencies and most of people will more attrect to bitcoin and its price will more high and profitable, so it will more survive from 100 years above .
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May 17, 2018, 12:52:27 AM
 #275

Yes it can be used for long term investment but the price of 2 million per bitcoin is too high, it's possible but it will take time and the chances is pretty slim, but for sure it will be very profitable if we keep bitcoin for long term, there are some positive news that makes the chances of bitcoin grow big

Take a look at the early years of Bitcoin, no one can think it has reached over $18,000. $2,000,000 is a very high level but I think nothing is impossible, for a long time to come. I am investing in Bitcoin and I encourage people to do so in the long term.

Of course, Bitcoin will become a reliable and valuable store in the future. Maybe not for long.
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May 17, 2018, 01:17:44 AM
 #276


If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.


Where do you get this figure from?

Bitcoin has the basic characteristics of a store of value, the main one being a limited supply. It will need to have some utility for it to be trusted as a store of value so it must succeed in some form as a currency.
True, bitcoin has the perfect characteristics to be a store of value in fact its characteristics are even better than gold, however there is a lot of competition with many other alts trying to take its place so if bitcoin is become a store of value it needs to leave no doubt that it is the best coin in the market and for that it needs to be adopted as a currency or have some other use.
Under limited supply, global acceptance either as digital asset or digital currency, bitcoin has a good prospect for trusted long term store of value.Its price will keep rising. With global adoption, bitcoin price in the future might be more stable than today so people will be more interested to buy or invest in it for a long term period of time. It is more practical than gold due to no physical asset underlined.

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May 17, 2018, 01:28:19 AM
 #277

Yes it can be used for long term investment but the price of 2 million per bitcoin is too high, it's possible but it will take time and the chances is pretty slim, but for sure it will be very profitable if we keep bitcoin for long term, there are some positive news that makes the chances of bitcoin grow big

Take a look at the early years of Bitcoin, no one can think it has reached over $18,000. $2,000,000 is a very high level but I think nothing is impossible, for a long time to come. I am investing in Bitcoin and I encourage people to do so in the long term.

Of course, Bitcoin will become a reliable and valuable store in the future. Maybe not for long.
What's been mentioned is the true fact. Apart from this we need to know the growth it has acquired over time. Because, by the early days of bitcoin into usage there were few more cryptocurrency into existence. But none were successful in terms of development as well reaching the user community. Even by that time bitcoin gained the strength and the same will continue.

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May 17, 2018, 01:38:39 AM
 #278

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
I guess it is good to invest bitcoin but maybe not for too long. Yes it can be trusted and reliable but we just cannot tell the future. We must bear in mind that iin every investments there corresonds risks.

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May 17, 2018, 02:00:44 AM
 #279

Yes it can be used for long term investment but the price of 2 million per bitcoin is too high, it's possible but it will take time and the chances is pretty slim, but for sure it will be very profitable if we keep bitcoin for long term, there are some positive news that makes the chances of bitcoin grow big

Take a look at the early years of Bitcoin, no one can think it has reached over $18,000. $2,000,000 is a very high level but I think nothing is impossible, for a long time to come. I am investing in Bitcoin and I encourage people to do so in the long term.

Of course, Bitcoin will become a reliable and valuable store in the future. Maybe not for long.
What's been mentioned is the true fact. Apart from this we need to know the growth it has acquired over time. Because, by the early days of bitcoin into usage there were few more cryptocurrency into existence. But none were successful in terms of development as well reaching the user community. Even by that time bitcoin gained the strength and the same will continue.
from the topic being stated above, yes it is true that it has a long term store of value, most people misinterpreted what is it, but the fact is that, the real investors and those people that are really interested that had also invested into bitcoin saw its potential that is why they give it a try and just let the time pass by and see what happens.
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May 17, 2018, 02:40:33 AM
 #280

Well, i believe crypto currencies, not just Bitcoin will see a long term investment option and all the people ho held on to see this happen will be so flipping rich. Besides, we invest money that we are willing to lose so that's really a no brainer.

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May 17, 2018, 02:43:38 AM
 #281

Yes it can be used for long term investment but the price of 2 million per bitcoin is too high, it's possible but it will take time and the chances is pretty slim, but for sure it will be very profitable if we keep bitcoin for long term, there are some positive news that makes the chances of bitcoin grow big

Take a look at the early years of Bitcoin, no one can think it has reached over $18,000. $2,000,000 is a very high level but I think nothing is impossible, for a long time to come. I am investing in Bitcoin and I encourage people to do so in the long term.

Of course, Bitcoin will become a reliable and valuable store in the future. Maybe not for long.
What's been mentioned is the true fact. Apart from this we need to know the growth it has acquired over time. Because, by the early days of bitcoin into usage there were few more cryptocurrency into existence. But none were successful in terms of development as well reaching the user community. Even by that time bitcoin gained the strength and the same will continue.
Bitcoin community will continue to grow and it will keep bitcoin prices up and make hold and store bitcoin until the future is very worthed to do, why am I so believe this? look at the increasingly popular of bitcoin on the internet and start spreading to all corners of the world
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May 17, 2018, 02:47:28 AM
 #282

Zotapay presents merchants with the widest range of global and local payment solutions available in the market with the added benefit of a PCI hosted payment and multi-currency support.
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May 17, 2018, 02:50:53 AM
 #283

Yup! Bitcoin and other crypto currencies will have a long term store value. So long as we see a less volatile price on them. The less volatile a coin gets, the more people and investors are willing to adapt them into their business. So that's why we need to hold on to our coins and not panic sell our holdings.

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May 17, 2018, 04:47:40 AM
 #284

Bitcoin will forever be a store of value valuable in the long run as well as functioning as Coat of Pride the natural life of cryptocurrency.
Strong and Weak the value of bitcoin all of it depends on our trust which is entirely as a user.
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May 17, 2018, 05:00:39 AM
 #285

Now holders prefer to hold rather than trade it, so it proves that bitcoin is a valuable asset or long-term trusted store of value, which from last year to now it's rise and expected in the future as well, we holders also know that if we sell our bitcoins, we will lose our investment value which in the future will be profitable.

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May 17, 2018, 05:17:07 AM
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Yes it can be used for long term investment but the price of 2 million per bitcoin is too high, it's possible but it will take time and the chances is pretty slim, but for sure it will be very profitable if we keep bitcoin for long term, there are some positive news that makes the chances of bitcoin grow big

Take a look at the early years of Bitcoin, no one can think it has reached over $18,000. $2,000,000 is a very high level but I think nothing is impossible, for a long time to come. I am investing in Bitcoin and I encourage people to do so in the long term.

Of course, Bitcoin will become a reliable and valuable store in the future. Maybe not for long.
What's been mentioned is the true fact. Apart from this we need to know the growth it has acquired over time. Because, by the early days of bitcoin into usage there were few more cryptocurrency into existence. But none were successful in terms of development as well reaching the user community. Even by that time bitcoin gained the strength and the same will continue.
For the past few years, bitcoin has been very profitable and beneficial despite the fluctuation it experienced and I believe it will continue to deliver. From crash its price is increasing rapidly with minimal plunges. Bitcoin has a future and can become a long-term trusted value but I don't think it can happen overnight, it would take some times. It also needs proper execution of strategies, acquiring the appropriate knowledge, reducing the degree of misconceptions, investing the amount that you can afford to lose and grow, and the strong faith we have towards it.
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May 17, 2018, 05:28:39 AM
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Now holders prefer to hold rather than trade it, so it proves that bitcoin is a valuable asset or long-term trusted store of value, which from last year to now it's rise and expected in the future as well, we holders also know that if we sell our bitcoins, we will lose our investment value which in the future will be profitable.
everyone will know that bitcoin is a very good asset for the long term if they look at it from the year before. I'm sure, many people are just realizing it. actually a lot of people who do trading to increase the number of bitcoin they have.

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May 17, 2018, 05:49:24 AM
 #288

If bitcoin will continue to grow in the same way in its price, then I think that it will not be a reliable long-term repository of value. At large price values of bitcoin, it will already represent a significant risk for investment. If bitcoin greatly increases in price, then its holders will be very worried about their investments. Then any negative information can attract panic, people will massively sell their bitcoins and it can depreciate. Therefore, it will not be a reliable long-term depository of value.

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May 17, 2018, 06:08:44 AM
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In fact, bitcoin has proved it, and its use has been well recognized and has made it a reliable cryptocurrency. Many investors invest in bitcoin because of potential long-term potential.
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May 17, 2018, 06:11:22 AM
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We certainly think so Grin Bitcoin is already a trusted store of value, being the prototype, and relatively successful up to this point. When adoption becomes more widespread, and regulation becomes more concrete, we think that confidence in Bitcoin will grow dramatically. Bitcoin, at this point, is very much here to stay!
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May 17, 2018, 08:07:43 AM
 #291

Bitcoin is good investment and store of value at the same time. As an investment, bitcoin price growth is very profitable and as store of value bitcoin is very safe. Indeed we should have investment on bitcoin even that a small portion because bitcoin market always growing
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May 18, 2018, 06:35:49 AM
 #292

The bitcoin is getting more and more attention from investors and people in general because this crupto currency is decentralized and not being taxed in the majority of countries. so the demand for the bitcoin increases as well as its value.
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May 20, 2018, 04:40:37 AM
 #293

We can not say that will really happen in the future, but for bitcoin to become a long trusted storage of value , I already believe in that no matter what happen in the future , because I trusted this kind of dimensions in the digital world, the first I know bitcoin , I never thought that this is true , but as time I join this bitcoin , I am so amaze for this technology in the internet.

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May 20, 2018, 05:09:30 AM
 #294

For economic reasons, governments may be less favorable for bitcoin as a store of value. If governments decide to lean in favor of bitcoin as a store of value, like gold for example, they would essentially be fighting over the leftovers at this point.
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May 20, 2018, 05:16:07 AM
 #295

It has been and will always be until the crypto sphere seize to be no more. Bitcoin is now one of the best established crypto and proving that its demand never perish. I could say that in the long period of time that it actually seize to be of existence , it have shown great improvement and stability in the market. There were great recognition of its use also making it as a reliable cryptocoin.
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May 22, 2018, 12:18:57 PM
 #296

I think that the bitcoin has many characteristics that makes it so attractive to the investors. There is the anonynimity that it provides the user with when it comes to the ttransactions plus it has the ability to support a good price level without any government interference.
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May 22, 2018, 12:37:49 PM
 #297

I think that the bitcoin has many characteristics that makes it so attractive to the investors. There is the anonynimity that it provides the user with when it comes to the ttransactions plus it has the ability to support a good price level without any government interference.
they hope to make transactions quickly with a decentralized system. and they hope government can legalize it so that prices increase significantly, so lucky for those who already know bitcoin in the beginning
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June 03, 2018, 08:18:27 PM
 #298

many billionaires and many celebrities will store bitcoins as a form of asset in the coming future just like equivalent to gold
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June 03, 2018, 08:20:58 PM
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It depends on its adaptation. At the moment it seems all financial regulators are against it; however, it doesn't solve the fact that theoretically, it is more efficient than a lot of modern day processes.
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June 03, 2018, 08:39:26 PM
 #300

The Bitcoin is fast still becoming a force to recon with in respect to other altcoins. We are being told that more uses of the Bitcoin will soon be unravelled by the developers and definitely, the store of value comes to play and increasing its price value will be inevitable. I can't really place a timeline on the actual happening date but it is bound to happen.
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June 03, 2018, 09:12:03 PM
 #301

We are still anxious to find the answer to the question: Bitcoin has become a reliable store for a long time? It's hard to answer. Bitcoin is like a balloon that sometimes flattens, flips and explodes. If at any time all of your assets are lost because of bitcoin, it will not last long.
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June 03, 2018, 10:31:45 PM
 #302

It depends on its adaptation. At the moment it seems all financial regulators are against it; however, it doesn't solve the fact that theoretically, it is more efficient than a lot of modern day processes.
yes it all depends on the condition of bitcoin, because there are many who oppose that bitcoin is circulating. so it's hard enough to believe that bitcoin will be a trusted value store, but basically it can all happen just like that

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June 03, 2018, 10:33:20 PM
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For now bitcoin is very volatile and gold and other physical goods might be a better decidion for holding money.
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June 03, 2018, 10:35:25 PM
 #304

For us, we cannot predict what will gonna happen in bitcoin. We can see the success of bitcoin, but sometimes, we cannot see the future or we cannot assure that it will not fail. For now, we can assure only on banks, theres a lot of insurance in bank. We can say, for our safety, we can depend on bank for now

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June 03, 2018, 10:55:09 PM
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For us, we cannot predict what will gonna happen in bitcoin. We can see the success of bitcoin, but sometimes, we cannot see the future or we cannot assure that it will not fail. For now, we can assure only on banks, theres a lot of insurance in bank. We can say, for our safety, we can depend on bank for now
Bitcoin as the primary crypto still have some developments that can attracts investors and will help in making the price grew, I still believe that BTC will be able to perform good in the future still.

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June 04, 2018, 07:38:40 AM
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The bitcoin is getting to the point of highly trusted crypto currency since more and more people get interested in that. This process also positively affects the economy of countries and the financial state of the population in general.
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June 04, 2018, 09:44:16 AM
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Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

Bitcoin is long term investment and thats is one reasong bitcoin price reach $19k months ago. Many analysis from reputable investment firm predicting that bitcoin price can reach $25k end this year and reach $250k on 2023. Hope that prediction happen because will bring cryptomarket more mature and bigger

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June 04, 2018, 10:08:38 AM
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If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.


Where do you get this figure from?

Bitcoin has the basic characteristics of a store of value, the main one being a limited supply. It will need to have some utility for it to be trusted as a store of value so it must succeed in some form as a currency.
True, bitcoin has the perfect characteristics to be a store of value in fact its characteristics are even better than gold, however there is a lot of competition with many other alts trying to take its place so if bitcoin is become a store of value it needs to leave no doubt that it is the best coin in the market and for that it needs to be adopted as a currency or have some other use.

Well, bitcoin has several uses. It carries good characteristics to be called the store of value. Nevertheless, we have to maintain and preseve that qualities and characteristics so that in the near future it will be the most valuable among them all.
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June 04, 2018, 10:13:43 AM
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It's my opinion that out of all of the plethora of cryptocurrency out there, Bitcoin so far has the best attributes to be considered the prime candidate for being a store of value. Its supply is finite, its extremely secure, transferable but the added value that its even more fungible than gold which is why there is a debate as to whether or not bitcoin is a commodity or a currency. Well it actually displays both characteristics.
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June 05, 2018, 05:59:19 PM
 #310

Bitcoin has already proved it is long-term trusted one and give good returns when you are holding them for long-term. See in the market still, there is no competition for Bitcoin yet and people who are believing the Bitcoin.
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June 06, 2018, 10:57:08 AM
 #311

The bitcoin is getting to the point of highly trusted crypto currency since more and more people get interested in that. This process also positively affects the economy of countries and the financial state of the population in general.
Yeah, No doubt it is the highly trusted crypto currency because of its fame that is increasing day by day. Also, some of the most developed countries in the world which are touching stars in the race of development have also shown a keen interest and attraction towards bitcoins which clearly gives the surety of its existence for the upcoming whole life of this world.
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June 06, 2018, 11:44:23 AM
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I'm sure bitcoin will be a trust in the future. Because bitcoin values are just about the same in the market as possible for the future bitcoin will be needed even people will look for bitcoin.
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June 06, 2018, 12:44:58 PM
 #313

Bitcoin has already proved it is long-term trusted one and give good returns when you are holding them for long-term. See in the market still, there is no competition for Bitcoin yet and people who are believing the Bitcoin.
Bitcoin is the best investment for long term basis and its return is really high compare to the other investment like in the stock market that may take up to 10 years before you can say that you already made a good amount of profit while in bitcoin you can do that in a few months only.
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June 07, 2018, 07:22:28 PM
 #314

If something is volatile its also possible to make money off it short-term lol. If you lucky then climb on while its low and climb up before crash (if there will even be one).
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June 13, 2018, 11:59:52 AM
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Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
For Bitcoin to become a trusted store of value, the price will have to become stable which is not happening anytime soon. I’m not even sure if that is ever going to happen cause the price will be fluctuating depending on the rate of demand, so that means if all Bitcoins are mined up, the price will still not be stable at all, cause whenever someone purchase a huge amount, the price will pump and drop when they withdraw.

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June 13, 2018, 12:19:13 PM
 #316

Yes bitcoin is good for long term investment. To store the value or higher value than today's bitcoin value. I do believed that bitcoin is not for short term investment but it is for long term investment. The more you earn bitcoin the more chance of having good earnings when time comes.
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June 13, 2018, 12:28:41 PM
 #317

Some "professionals" still believe that in most cases bitcoin is used only by marginals and criminals. The likelihood that the crypto currency will turn around on a par with fiat money is small. As for me, I think this will happen!
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June 13, 2018, 12:34:39 PM
 #318

Bitcoin is based on blockchain technology. This is a good technology for us to develop in the future. So I believe in bitcoin. I am a newcomer to this market but I think I will be more profitable by the end of the year.
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June 13, 2018, 01:12:42 PM
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Bitcoin is the first crypto currency started in the year 2009.It is an electronic asset or we can say that a long term trusted store of value.It has the specific characteristics that a decentralized one so not any government  or central bank control over it.maintains the anonymity and all its transactions are recorded in an electronic ledger with the block chain technology. bBitcoins net work systems are very strong and the block chain technology ensures its security and clarity.Bitcoin is a new form of economical concepts so more people are attracted to it world wide so it can become a long term trusted store of value.
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June 13, 2018, 10:13:17 PM
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Some "professionals" still believe that in most cases bitcoin is used only by marginals and criminals. The likelihood that the crypto currency will turn around on a par with fiat money is small. As for me, I think this will happen!
I think this is the controversial side of thinking. Many people are against the use of Bitcoin and that is why the technology has been banned in so many countries because it is the influence of the rich elites and not the politicians that do the things. One should also look at all those companies and firms that have been trading and accepting Bitcoin as medium of exchange. About the price appreciation, I think Bitcoin will be a good store of value in future when it has crossed $30000.

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June 13, 2018, 10:17:56 PM
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Yes bitcoin is good for long term investment. To store the value or higher value than today's bitcoin value. I do believed that bitcoin is not for short term investment but it is for long term investment. The more you earn bitcoin the more chance of having good earnings when time comes.
Yes as we see on it bitcoin grows every year. It will be a long term investment and it will surely help many people. Bitcoin can be both short and long term depends on the wants of investor. Way back then year 2009, the bitcoin price was too far from it now, even investors before didnt think that bitcoin can reach it. Thats one proof that bitcoin can be a long term investment.

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June 13, 2018, 10:24:27 PM
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Never can know for sure, what will bitcoin became soon, so I am dissapointed in Bitcoin, as an investment source, because it can loose its value so rapidly...
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June 17, 2018, 08:39:30 PM
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Bitcoin is by now the most popular in cryptocurrency world. Its store value is trusted by almost all invoved in it. Bitcoin right now is already a trusted value. Its being almost like what 15years or more. Of course Bitcoin can be trusted on a long term store value.

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June 18, 2018, 07:49:55 PM
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Investors were divided into two camps: some believe that Bitcoin will end, while others believe that everything is just beginning. Each side has its own convincing facts and counterarguments. I think it will become more powerful
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June 18, 2018, 07:53:38 PM
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An adequate forecast indicates that in 2018 the cost of Bitcoin can reach the region of $ 25 thousand. There should not be more sharp falls. Most analysts, investment funds and banks expect further growth.

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June 18, 2018, 08:07:05 PM
 #326

If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin
I don't know how you arrived at that value--seems to be pretty arbitrary.  Also note the hundreds of other altcoins which can also function as a store of value.  There's definitely not just bitcoin in the crypto world.

There's a paradox (as I see it) involved with this question:  in order for bitcoin to be a good store of value, it has to be stable.  Or it has to have a value growth that at least tracks inflation--right now the price is extremely volatile, and there's no way in hell it qualifies as a store of value.  The paradox is that if bitcoin ever achieved price stability, it would likely cause people to lose interest very quickly and would tank.  I don't see the store of value moniker being an apt one for bitcoin anytime soon.  It's an excellent speculative asset and it's kind of a currency, but that's about it.

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June 18, 2018, 08:08:07 PM
 #327

I don't know about the term long term store of value, since the price can go up and down. But it's such an cool idea that you could put all your wealth into a usb key.
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June 18, 2018, 08:52:38 PM
 #328

many people already consider bitcoin as a store of value and this trend will grow. don't forget that young people like bitcoin and believe in it so they invest in bitcoin and other cryptocurrencies.

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June 21, 2018, 08:29:35 AM
 #329

In the future, it will grow in price, since virtual payments are becoming increasingly popular in the world. People trust a crypto a bit. The final stage will be when it will be possible in stores to buy things for crypto. Then the market will develop even more.
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June 22, 2018, 10:49:59 AM
 #330

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
I think yes , because the main reason is that people are getting in this field day by day and also they are ready to work in This Field by quite Thier job , so it is clearing that what the bitcoin is and how much the people have trust with the bitcoin , so here in my opinion it will go towards a big hight .
And also here we can see another factor that even few banking sectors banks are looking to implement the tech industry of blockchain to make the banking system more better , so here it clearly indicates that how much the technology of the bitcoin i.e blockchain is better than bank , so why not people will go towards the bitcoin like thing for long term .
And here I don't think that people will only use it for long term investment but also people will use it as a universal payment system in the whole world .
And also here we should remain positive to have bitcoin in our life as a better platform to make earnings .

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June 22, 2018, 11:01:31 AM
 #331

Yes I think so, most of them say that bitcoin is as good as it long term value for a good profit but few did not make it because they're afraid that as bitcoin does go down to the dip their investment or money might lose also but to those who really believe in it kept it for along time.

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June 22, 2018, 11:07:54 AM
 #332

It depends on its adaptation. At the moment it seems all financial regulators are against it; however, it doesn't solve the fact that theoretically, it is more efficient than a lot of modern day processes.
Yeah it surely depends on its adoption but more people are thinking that bitcoin is a good store of value (digital assets) rather than use it for currency. More people are holding their bitcoin for the future and waiting for the best price as this is predicted that this will reach $500,000 per bitcoin.

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June 22, 2018, 11:24:58 AM
 #333

I think it is difficult to determine the purpose of Bitcoin price that should be in the future. Ideally, the value per Bitcoin would skyrocket to several thousand US Dollars, but it remains to be seen whether it will happen or not.
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June 22, 2018, 11:27:59 AM
 #334

Bitcoin is a reliable and sustainable currency. In fact, Bitcoin has been around for nine years, and there is no danger of investing in bitcoins. In addition to Bitcoin, there are many another coin as safe as ETH
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June 22, 2018, 12:26:12 PM
 #335

I think that bitkoyn should be present in your investment portfolio. But do not invest all your money in one tool. No investment project gives a 100% guarantee of success, any investment represents a risk. Therefore, you should consider the Bitcoin share in your portfolio, so that it is balanced.
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June 22, 2018, 01:08:47 PM
 #336

In the future, Bitcoin will become a long term trusted store of value and much more. It can also head towards being a mainstream currency in the coming years.
Bitcoin, with its market capital of $130 billion has been widely accepted in the financial market and is no longer under a financial bubble. The coin has made transactions throughout the world much easier and made them highly secure with its blockchain. The coin has the potential to cross the $12,000 mark by the end of 2018 and is a very less risky investment in comparison to other coins.
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June 22, 2018, 02:23:21 PM
 #337

In the future, Bitcoin will become a long term trusted store of value and much more. It can also head towards being a mainstream currency in the coming years.
Bitcoin, with its market capital of $130 billion has been widely accepted in the financial market and is no longer under a financial bubble. The coin has made transactions throughout the world much easier and made them highly secure with its blockchain. The coin has the potential to cross the $12,000 mark by the end of 2018 and is a very less risky investment in comparison to other coins.

I think as long as there is crypto currency and an investor who believe , bitcoin will never vanished. Bitcoin is the core of all coin here in crypto currency making it as the most important coin here in crypto currency , and also bitcoin gain so much attention and reputation around the world so it will also gain a lot of investor and for a coin or specifically bitcoin to be alive it need investor which bitcoin , for me will never lose.

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June 22, 2018, 02:36:40 PM
 #338

I think that bitkoyn should be present in your investment portfolio. But do not invest all your money in one tool. No investment project gives a 100% guarantee of success, any investment represents a risk. Therefore, you should consider the Bitcoin share in your portfolio, so that it is balanced.

I agree, in making investments we really should learn how to handle our investments to be able to gain more profit and not all our capitals will be on bitcoin only, we need to try alts with good potentials.

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June 22, 2018, 04:44:00 PM
 #339

bitcoin can be classified as commodity equal to gold and asset and currency and store of value or information it has various name but as per bitcoin demand the value of bitcoin keeps increases day by day
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June 23, 2018, 04:40:22 AM
 #340

Now bitcoin can also be called a relatively reliable repository of value. However, if the price of bitcoin increases, the risk of investing in bitcoin will increase, and together with this the reliability of money storage in bitcoin will decrease. At large price values ​​of bitcoin due to the emergence of negative information and the manifestation of high volatility simultaneously, the probability of panic among investors will increase, which can lead to a drastic decrease in the bitcoin rate down to zero, while the value storage in bitcoin will simply disappear like smoke.
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June 23, 2018, 05:22:28 AM
 #341

yes of course bitcoin can be the best choice for long term investment because bitcoin only has a very limited total supply and can be expensive in the future. so since the bitcoin price is very cheap then buy as much bitcoin as you can.
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June 24, 2018, 09:24:01 PM
 #342

The bitcoin is getting to the point of highly trusted crypto currency since more and more people get interested in that. This process also positively affects the economy of countries
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June 24, 2018, 09:47:24 PM
 #343

For a short term opinion I don’t think it will be a trusted store of value in the coming months. For bitcoin to be trusted the investors need safety and guarantees, so in my opinion for bitcoin to be a trusted store it needs to be legalized and accepted by countries which will encourage more investors and eventually make bitcoin a safe store to invest.
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June 25, 2018, 11:42:32 PM
 #344

i doubt if it can be a short term store of value, but i think it can be  a  suitable  long term  store of value
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June 26, 2018, 03:56:13 AM
 #345

For a short term opinion I don’t think it will be a trusted store of value in the coming months. For bitcoin to be trusted the investors need safety and guarantees, so in my opinion for bitcoin to be a trusted store it needs to be legalized and accepted by countries which will encourage more investors and eventually make bitcoin a safe store to invest.
I don't think that is necessary because even though bitcoin is not yet legalized to a lot of countries, there is already a lot of stores all over the world that accepted bitcoin as a mode of payment or an option to make payments for their items or services. A lot of people are already trusting bitcoin because of its blockchain and also because of its potential return of profits.
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June 26, 2018, 04:26:27 AM
 #346

I think that bitkoyn should be present in your investment portfolio. But do not invest all your money in one tool. No investment project gives a 100% guarantee of success, any investment represents a risk. Therefore, you should consider the Bitcoin share in your portfolio, so that it is balanced.

I agree, in making investments we really should learn how to handle our investments to be able to gain more profit and not all our capitals will be on bitcoin only, we need to try alts with good potentials.
we know that the future of bitcoin is very potential, many people believe bitcoin will have a high price in the future, thats why we should invest long-term in bitcoin because of that possibility, but that does not mean you have to use all your money in bitcoin, the risk will still exist dude
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June 26, 2018, 04:40:01 AM
 #347

yes of course bitcoin can be a coin that has a very good potential and is suitable to be a long-term project that can provide a lot of profits so better have as much bitcoin as you can while prices are still cheap like this buy a lot.
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June 26, 2018, 05:02:37 AM
 #348

yes of course bitcoin can be a coin that has a very good potential and is suitable to be a long-term project that can provide a lot of profits so better have as much bitcoin as you can while prices are still cheap like this buy a lot.
Trust is the most important aspect  that  it will determine the potentiality of being  along terms store of value  meaning  a valuable asset. If bitcoin continue to become more stronger, in terms of technology and security there is no doubt it will  become long-term valuable asset.

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June 26, 2018, 06:20:42 AM
 #349

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
People are already using bitcoin as a store of value and yet those prices have not been reached, personally I think it is the other way around if bitcoin wants to reach great prices then it needs to become really useful as a currency, after all why would people invest in it as a store of value if they cannot do anything with? Bitcoin needs to become functional and for that we need to solve the scalability issues of bitcoin.
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June 26, 2018, 06:32:07 AM
 #350

So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

10%? Thats a very small chance you are giving cry[tp. I speculate that bitcoin has much more chance of becoming a successful to store of value than that. Just look at the volatility we are experiencing today. All the trading volume of bitcoin and cryptocurrencies is a good indicator which shows us the potential of the crypto industry to succeed.

When mass adoption grows to the point where everyone uses crypto, it will negate the need for banking institutions and middlemen. We will be living in a different world with crypto soon.

 
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June 26, 2018, 06:36:12 AM
 #351

It is good to buy and hold bitcoin for a long time but I can not say bitcoin is a long term trusted store of value. Bitcoin demands increases as a result of events and news, It is based on speculation, no one knows the price of bitcoin in the next one year.
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June 30, 2018, 02:53:03 AM
 #352

In the future, Bitcoin will become a long term trusted store of value and much more. It can also head towards being a mainstream currency in the coming years.
Bitcoin, with its market capital of $130 billion has been widely accepted in the financial market and is no longer under a financial bubble. The coin has made transactions throughout the world much easier and made them highly secure with its blockchain. The coin has the potential to cross the $12,000 mark by the end of 2018 and is a very less risky investment in comparison to other coins.

I think as long as there is crypto currency and an investor who believe , bitcoin will never vanished. Bitcoin is the core of all coin here in crypto currency making it as the most important coin here in crypto currency , and also bitcoin gain so much attention and reputation around the world so it will also gain a lot of investor and for a coin or specifically bitcoin to be alive it need investor which bitcoin , for me will never lose.
of course bitcoin will not lose to other types of coins, its popularity to date attracts many new investors to feel the benefits of investing in bitcoin. but the thing we need to remember is that bitcoin is a risky type of investment, anytime we can easily lose the money we invest because bitcoin price movements are very fluctuating, but this type of investment is much trusted by its users and very promising.
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July 04, 2018, 10:40:25 AM
 #353

With this level of volatility I don't think the list will happen in the near future, maybe one day, after years. But for now I would not put all of my savings into bitcoin and hope that after 10 years it would be still valuable.
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July 04, 2018, 11:49:32 AM
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I believe bitcoin is trusted store of value. My opinion, with limited supply and as biggest market cap in cryptomarket, bitcoin is good long term investment. Many peoples call bitcoin as gold in digital world and i think its true because bitcoin price always growing every years.

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July 06, 2018, 07:42:09 AM
 #355

I think yes! bitcoin is most proven coin in cryptocurrency world! bitcoin always deserve long-term trusted store of value! I suggest you for keep faith over bitcoin for best investment.

I want to be a guy like you, to have this strong faith. But it is really hard to keep it while you're saying the overall fall and all the government's against us.
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July 08, 2018, 10:57:52 PM
 #356

With the exponentially increasing price and decreasing trade in the overall rate of volatility, bitcoin is said to reach a market capitalization of 1 trillion dollars within the next decade, at this point of value it will not only be able to be a trusted store of value but much more than that.
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July 09, 2018, 09:56:06 PM
 #357

I think yes! bitcoin is most proven coin in cryptocurrency world! bitcoin always deserve long-term trusted store of value! I suggest you for keep faith over bitcoin for best investment.

I want to be a guy like you, to have this strong faith. But it is really hard to keep it while you're saying the overall fall and all the government's against us.
You do not have any other option if you want to be in this market, you are not going to make money if your only aim is to make money, it is odd but this is the way all business start, at the beginning no one will believe a business is going to be successful except the creator and a few ones that believe in it, and the rest of the people are only going to believe it until they see the success with their own eyes but by then it is too late to make money.
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July 09, 2018, 11:05:34 PM
 #358

Now bitcoin can also be called a relatively reliable repository of value. However, if the price of bitcoin increases, the risk of investing in bitcoin will increase, and together with this the reliability of money storage in bitcoin will decrease. At large price values ​​of bitcoin due to the emergence of negative information and the manifestation of high volatility simultaneously, the probability of panic among investors will increase, which can lead to a drastic decrease in the bitcoin rate down to zero, while the value storage in bitcoin will simply disappear like smoke.

The domino effect in the bitcoin price and all bitcoin related cases are always been there since the beginning of it, If the bitcoin price increase so as the risk in investing on it, always keep in mind that bitcoin is so volatile, it can change in a short period of time,the value of it is not stable and it always projects it price in lowest state, But eventually it will rice up again.
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July 10, 2018, 03:18:12 AM
 #359

Bitcoin before is still a reliable store they are, which makes investors like to invest in them as well as they have things that make you feel secure when investing because it is the digital currency for them. we
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July 10, 2018, 03:43:21 AM
 #360

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
Cause bitcoin are you live in this era, and the second is that you can do on your savings. Cause bitcoin can be used to the future, but we have to invest in recent months ago by using this era of cryptocurrency is not sure what you can use to theirs. I believe that bitcoin and technology.
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July 14, 2018, 03:13:20 PM
 #361

I would say that the smartest source of investment related to bitcoin would be any other cryptocurrency, For a long-term increase in value volatility is not a factor to judge auto  and the continuous increase value has not ended the coming decades so yes it is the best investment for a long-term high return,


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July 14, 2018, 04:08:21 PM
 #362

In the world of crypto currency, everything is very volatile. If today bitcoin is a reliable store of value, then after a while the situation may change. I think the situation will become more complicated if bitcoin greatly increases in its value. Then bitcoin will represent a high level of risk when investing because of the possibility of panic. In addition, the crypto currency is constantly evolving, there are more sophisticated types and investors can switch to new coins.
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July 14, 2018, 05:17:24 PM
 #363


If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.


Where do you get this figure from?

Bitcoin has the basic characteristics of a store of value, the main one being a limited supply. It will need to have some utility for it to be trusted as a store of value so it must succeed in some form as a currency.

It could be a store of value if it wasn't subject to futures contracts and that's capacity to make money betting against bitcoin without even buying. 

Why does it need to have utility apart from its capacity to move wealth easily avoiding bank charges.  If by utility it needs to be easy to buy a cup of coffee with it I disagree.  Although it's egalitarian in nature, avoiding brokers, it isn't simple and it relies on faith.  Faith that their money won't just go poof or that its value won't drop like a blimp with a hole where the naysayers are sucking out value making money betting against.
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July 14, 2018, 05:40:26 PM
 #364

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

Bitcoin has proven its resilience to date, and it proves that bitcoin will be viable in the long run, and bitcoin will still have value because of the great confidence in bitcoin.
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July 14, 2018, 07:33:15 PM
 #365

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

It depends on the people if they will still be interested on cryptocurrency because bitcoins will be more profitable as the time goes by so that is the reason why we should invest today while it has cheaper price in the market.
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July 14, 2018, 08:37:04 PM
 #366

No! Nothing can be stable forever! And give you profit! It forthcoming perspective it will be store and generator of value but risky one. What is profitable - is risky. If to say that something can be constantly safe store of value then the profit will be close to zero. Do you want such a store?
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July 14, 2018, 08:40:12 PM
 #367

For me it will but we need to wait till whole amount of it will be mined cause only than price will be able to become more stable, thanks to that it will become "thing" that could store value of some things.
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July 14, 2018, 08:53:58 PM
 #368

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

It depends on the people if they will still be interested on cryptocurrency because bitcoins will be more profitable as the time goes by so that is the reason why we should invest today while it has cheaper price in the market.
People invest in Bitcoin and cryptocurrency because they see its huge potential in the future because its advantages over traditional types are huge. Determine long-term investment in this market so that you do not have to worry too much about the volatility of the market.

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July 14, 2018, 10:01:18 PM
 #369

Bitcoin is in log term as of now because of the trust given by people and the users who have knowledge in maintaining is value and also bitcoin will be i long trusted digital currency because of its influence to the crypto currency world.
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July 14, 2018, 10:13:52 PM
 #370

Well i guess bitcoin will become something like that. Many people are intrested to making bitcoin as an investment for a long term stored value. And maybe it can become a legaly some stored valuable like a gold or silver

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July 14, 2018, 10:23:14 PM
 #371

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
I think that with the long-term development of the crypto market I believe that bitcoin will be able to become a reliable intermediary in the market, you can see that the current bitcoin knit the symbol of the crypto market. , which is the biggest value and affects the whole market. With the development of the crypto market, bitcoin will become increasingly popular in the world.
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July 14, 2018, 10:47:55 PM
 #372

i think it will, because of its potential in giving some profits and gains to the users of it, it is also depends on how people will use it in the market and how will they sell it or hold it, it is a matter of deciding in the part of many user, Bitcoin is based on the community.
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July 14, 2018, 11:04:57 PM
 #373

i think it will, because of its potential in giving some profits and gains to the users of it, it is also depends on how people will use it in the market and how will they sell it or hold it, it is a matter of deciding in the part of many user, Bitcoin is based on the community.
I agree that bitcoin is based on community because the community is the reason why bitcoin is still alive and kicking and the community is the reason why bitcoin is getting popular because they are all promoting it to their friends, family, co-worker, and so on and so forth. So in short, community is like the heart of bitcoin which give life to it.
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July 15, 2018, 01:58:29 AM
 #374

Now bitcoin can also be called a relatively reliable repository of value. However, if the price of bitcoin increases, the risk of investing in bitcoin will increase, and together with this the reliability of money storage in bitcoin will decrease. At large price values ​​of bitcoin due to the emergence of negative information and the manifestation of high volatility simultaneously, the probability of panic among investors will increase, which can lead to a drastic decrease in the bitcoin rate down to zero, while the value storage in bitcoin will simply disappear like smoke.
Bitcoin is a better store of value than all fiat currencies, some will point to the fact that bitcoin has a big volatility and that is true but if you invested at the beginning of 2017 you are still up 600% in which other investment you can have those kind of numbers? In the same time period fiat according to the government lost 4.5% but in reality it is more like a 15% loss.
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July 15, 2018, 02:11:54 AM
 #375

Bitcoin will is already been used in this regards by some persons as a store of value. That is why they have the strong faith of actually buying and holding the coins and not trading it. Even in the future, there is a very great chance of it continuing this way to be used as a store of value.
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July 15, 2018, 02:44:34 AM
 #376

Bitcoin before is still a reliable store they are, which makes investors like to invest in them as well as they have things that make you feel secure when investing because it is the digital currency for them. we
I think people who think bitcoin is not safe to save money due to fluctuation factor. yeah I understand that.
but bitcoin continues to grow where if you keep your money in bitcoin for the long term. exactly you will get is benefit not a loss
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July 15, 2018, 06:39:17 AM
 #377

If we are able to get rid of liquidation in btc trading and uses in everyday life,we will maintain a constant value and volatility will disappear into thin air.When that happens,bitcoin will be a trusted investment of all time.

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July 15, 2018, 07:35:49 AM
 #378

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
Still big players still have decided these are risks well worth taking, Bubbles usually pop after the dumb money chases the smart money but until now it has  mostly been individuals and small investors who have driven the bitcoin phenomenon. While people can buy fractions of bitcoins in increments of as little as 1$ on cryptocurrency exchanges institutional investors have largely been barred from those venues owing to fiduciary and compliance requirements around custody of assets.
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July 15, 2018, 09:36:17 AM
 #379

I think virtual currency can not be a value, by definition. This is not an asset that has the property of preserving capital. This is a big-big manipulation. While the cost of bitcoin is supported, it costs something. But this is for the time being.
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July 15, 2018, 12:31:14 PM
 #380

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

As of today, bitcoin is still active because there are a lot of people still believing on it. Bitcoin is becoming much more reliable one so it is still manage to live these days and in the future. So, yes.
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July 15, 2018, 06:16:07 PM
 #381

Theres is a fact that I would like to state, I strongly believe that Bitcoin is here to change the financial system as we all know, so sending and receiving funds worldwide is now gonna be faster and less stressful. This would certainly improve the value of Bitcoin as a means of exchanging and storing value. The law of demand and supply would also kick in here to help increase the value of Bitcoin. So I certainly feel that in the nearest future it would be used to store value.
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July 15, 2018, 09:06:10 PM
 #382

BTC is now recognized by governments, and his value is recognized by many countries.

Block chain technology will be developed this year, and the price of BTC will increase steadily!

BTC is really a good investment!
yes recognized by many countries but not all. other countries are not even close to accepting btc. But yes it is a good investment if you know how to invest, i agree with you on that!!
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July 15, 2018, 09:41:07 PM
 #383

Will yes.. infact its already a long term trusted. Bitcoin appear 2009 and now its 2018. Almost 10 years servicing crypto currency world and i think it will be more to come on him.
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July 17, 2018, 07:36:48 PM
 #384


If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.


Where do you get this figure from?

Bitcoin has the basic characteristics of a store of value, the main one being a limited supply. It will need to have some utility for it to be trusted as a store of value so it must succeed in some form as a currency.

It could be a store of value if it wasn't subject to futures contracts and that's capacity to make money betting against bitcoin without even buying. 

Why does it need to have utility apart from its capacity to move wealth easily avoiding bank charges.  If by utility it needs to be easy to buy a cup of coffee with it I disagree.  Although it's egalitarian in nature, avoiding brokers, it isn't simple and it relies on faith.  Faith that their money won't just go poof or that its value won't drop like a blimp with a hole where the naysayers are sucking out value making money betting against.
It is not going to happen, future contacts are being used precisely to keep the price of bitcoin down in a very similar way in which future contracts are being used to keep down the price of gold and silver, the big advantage that we have over those markets is that many prefer future contracts for gold and silver since moving so much gold and silver is a problem but with bitcoin this is not the case, since we can move a huge mount of bitcoin to the other side of the world without any effort.
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July 26, 2018, 07:46:01 AM
 #385

I suspect that even so-called cryptocurrency haters would like to have Bitcoins. They envy those ones that are earning on crypto but they will never confess to it. If you wish to make a long-term investment, buy BTC.
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July 26, 2018, 08:18:39 AM
 #386


If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.


Where do you get this figure from?

Bitcoin has the basic characteristics of a store of value, the main one being a limited supply. It will need to have some utility for it to be trusted as a store of value so it must succeed in some form as a currency.

It could be a store of value if it wasn't subject to futures contracts and that's capacity to make money betting against bitcoin without even buying. 

Why does it need to have utility apart from its capacity to move wealth easily avoiding bank charges.  If by utility it needs to be easy to buy a cup of coffee with it I disagree.  Although it's egalitarian in nature, avoiding brokers, it isn't simple and it relies on faith.  Faith that their money won't just go poof or that its value won't drop like a blimp with a hole where the naysayers are sucking out value making money betting against.
It is not going to happen, future contacts are being used precisely to keep the price of bitcoin down in a very similar way in which future contracts are being used to keep down the price of gold and silver, the big advantage that we have over those markets is that many prefer future contracts for gold and silver since moving so much gold and silver is a problem but with bitcoin this is not the case, since we can move a huge mount of bitcoin to the other side of the world without any effort.

Yeah, like that case where the major investment bankers were all in a chat trying to plan what time of day they'd smash down the price of gold. They'd coordinate the selling of millions of dollars worth of contracts all at once just to set the avalanche down.

Gold bugs speculate that the actual price per ounce in the 10's of thousands but the futures contracts, which a bank can write freely without having any physical gold, keep the price capped around 1 thousand. They have a point--if there weren't so many shorts, the price of physical gold would be much higher. The same could very well happen with bitcoin (and already is as forex platforms allow CFD's)
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July 26, 2018, 09:14:38 AM
 #387

BTC is becoming a digital gold! Bitcoin is a good wealth tool to preserve and increase value!
BTC and cryptocurrency have been accepted by more people. People believe that the currency of BTC, the value of BTC will slowly rise!

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July 26, 2018, 10:00:41 AM
 #388

~

Quote
(unless it becomes a "cool" collectible... which is a possibility).

I am sure it cant be collectible as it dont have the physical forms. What would you collect? Algorithm, I dont think so.  Cheesy

I think you are wrong here. The example of CryptoKitties, among others, shows that something which doesn't have a physical form can be collectible. In December 2017 one crypto kitty, called Genesis, was sold for over $100,000. It's just a matter of preferences, what one thinks would be cooler to have, 1 Bitcoin or 1 crytpo kitty? IMO, it would be better to have 1 Bitcoin, but I know that most people(not on this forum of course) still think that dealing with Bitcoin is rather shameful. When this situation will change (and it will change pretty soon, I'm sure) it will become cool to reply on the question "Do you have Bitcoin?" with "Of course, I do!" And then there will be people who buy BTC for no other reason than to have one, like collectors do.

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July 26, 2018, 10:31:23 AM
 #389

Yes, maybe bitcoin will be a long-term trusted value store, because over time many people will recognize and use bitcoin to make a profit. So in the years to come I think bitcoin will be better known and trusted people to invest.
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July 26, 2018, 03:19:29 PM
 #390

Well actually, I cant answer that. We all know that bitcoins value is not stable. It goes up and down always. Like right now, bitcoins value is low. Very low and I hope it will reach 1 million again in the future.

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July 26, 2018, 03:37:06 PM
 #391

It's hard to accept that it's inconceivable that the haters do everything they do including making scam projects that make users afraid to invest in bitcoins, and if they can not last long enough then we have to be ready.
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July 26, 2018, 03:38:46 PM
 #392

I am convinced and optimistic that bitcoin becomes a trusted trusted store of value, this is because more and more countries are legalizing bitcoin like japan or germany, and what's going on with bitcoin today is the beginning and great opportunities are still open.


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July 26, 2018, 04:48:34 PM
 #393

I am convinced and optimistic that bitcoin becomes a trusted trusted store of value, this is because more and more countries are legalizing bitcoin like japan or germany, and what's going on with bitcoin today is the beginning and great opportunities are still open.
- Agreed that many countries are legalizing bitcoin but there are still a lot of countries that are forbidding bitcoin, not allowing bitcoin traffic, they do not want the bitcoin to grow stronger in the future because the existence of bitcoin is helping too many people start tax evasion and delinquency, affecting the interests of the government. That made me just feel bitcoin is a reliable store in the temporary and short term, it can not go further when governments still have no consensus, however, the future may still have surprises, we can hope the bright future of bitcoin will appear.


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dillema018
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July 26, 2018, 11:40:31 PM
 #394


If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.


Where do you get this figure from?

Bitcoin has the basic characteristics of a store of value, the main one being a limited supply. It will need to have some utility for it to be trusted as a store of value so it must succeed in some form as a currency.

It could be a store of value if it wasn't subject to futures contracts and that's capacity to make money betting against bitcoin without even buying. 

Why does it need to have utility apart from its capacity to move wealth easily avoiding bank charges.  If by utility it needs to be easy to buy a cup of coffee with it I disagree.  Although it's egalitarian in nature, avoiding brokers, it isn't simple and it relies on faith.  Faith that their money won't just go poof or that its value won't drop like a blimp with a hole where the naysayers are sucking out value making money betting against.
It is not going to happen, future contacts are being used precisely to keep the price of bitcoin down in a very similar way in which future contracts are being used to keep down the price of gold and silver, the big advantage that we have over those markets is that many prefer future contracts for gold and silver since moving so much gold and silver is a problem but with bitcoin this is not the case, since we can move a huge mount of bitcoin to the other side of the world without any effort.

I think it will be possible for the next years, you see day by day technology is improving and as well as the community, some people are determined that bitcoin will become a certified currency in the future.
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July 26, 2018, 11:52:05 PM
 #395


If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.


Where do you get this figure from?

Bitcoin has the basic characteristics of a store of value, the main one being a limited supply. It will need to have some utility for it to be trusted as a store of value so it must succeed in some form as a currency.

It could be a store of value if it wasn't subject to futures contracts and that's capacity to make money betting against bitcoin without even buying. 

Why does it need to have utility apart from its capacity to move wealth easily avoiding bank charges.  If by utility it needs to be easy to buy a cup of coffee with it I disagree.  Although it's egalitarian in nature, avoiding brokers, it isn't simple and it relies on faith.  Faith that their money won't just go poof or that its value won't drop like a blimp with a hole where the naysayers are sucking out value making money betting against.
It is not going to happen, future contacts are being used precisely to keep the price of bitcoin down in a very similar way in which future contracts are being used to keep down the price of gold and silver, the big advantage that we have over those markets is that many prefer future contracts for gold and silver since moving so much gold and silver is a problem but with bitcoin this is not the case, since we can move a huge mount of bitcoin to the other side of the world without any effort.

I think it will be possible for the next years, you see day by day technology is improving and as well as the community, some people are determined that bitcoin will become a certified currency in the future.

Yes, It will be possible because of its potential network and system It will be a great opportunity for some investors to have this in their options , some of them will think that bitcoin has a lot to offer for them.
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July 27, 2018, 10:46:56 AM
 #396

Yes, of course, I'm sure of it. Its price is growing, slowly but purposefully. A price drop means a correction, not a final fall.
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July 27, 2018, 10:51:15 AM
 #397

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
Correct it has exceptionally chance that bitcoin as well as cryptocurrency will wind up next enormous thing. The main issue lies in innovation absence of mindfulness however gradually it will spread. We definitely know traders are taking bitcoin as virtual gold so more to come. As we are still in early period of crypto so its best to purchase and hold for future pick up.
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July 27, 2018, 10:57:01 AM
 #398

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
Well its hard to tell if bitcoin is trusted for a long-term investment but I do believe that it is capable because if you were in this world before perhaps you have been seen the long existence of Bitcoin and what it is capabilities. In fact, if you had invested in the year 2009 I am pretty sure that you are now one of the successful people. Regarding the question, if bitcoin will be a long-term investment, my answer is definitely yes.

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July 27, 2018, 11:04:50 AM
 #399

I think that yes, it is going to be the long-term trusted store of value, at least for several years more, and maybe it will become the main currency because it is really great to be used instead of dollar even
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July 27, 2018, 11:49:56 AM
 #400

Yes, I have a firm believe that Bitcoin is and will be a long term trusted store of value. It has the features that are required to be a great long term asset. Plus the fact that it is running in the block chain technology that for me is made for the future. It is an awesome technology that is destined to revolutionize the financial world and help the people and the economy world wide.

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July 30, 2018, 10:17:39 PM
 #401

I think virtual currency can not be a value, by definition. This is not an asset that has the property of preserving capital. This is a big-big manipulation. While the cost of bitcoin is supported, it costs something. But this is for the time being.
That is only true right now because the size of the market of cryptocurrencies is very small but when this changes you will see that bitcoin will retain your value better than any fiat in fact I do not know why people complain, there is a high volatility but the volatility has benefited us greatly the only ones that lost money are those that do not know how to trade and were speculating with the price and those that bought because of FOMO.
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July 31, 2018, 12:53:29 AM
 #402

I think virtual currency can not be a value, by definition. This is not an asset that has the property of preserving capital. This is a big-big manipulation. While the cost of bitcoin is supported, it costs something. But this is for the time being.
That is only true right now because the size of the market of cryptocurrencies is very small but when this changes you will see that bitcoin will retain your value better than any fiat in fact I do not know why people complain, there is a high volatility but the volatility has benefited us greatly the only ones that lost money are those that do not know how to trade and were speculating with the price and those that bought because of FOMO.

I dont believe cryptocurrency market is manipulation. Bitcoin as store of value is more powerfull than gold. Bitcoin price Growth in 2017 is more than x10 and no investment even gold can give gain like bitcoin. Volatility is always happen in any market and its very normal.
I am agree that bitcoin will retain our asset value better than any investment because bitcoin supply is very limited

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July 31, 2018, 03:19:34 AM
 #403

If bitcoin wants to become a reliable long-term store, its value must reach its highest level for a long time. But to do that, people have to change their daily habits, moreover, they need absolute trust for reputable investors.
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August 01, 2018, 10:17:05 AM
 #404


If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.


Where do you get this figure from?

Bitcoin has the basic characteristics of a store of value, the main one being a limited supply. It will need to have some utility for it to be trusted as a store of value so it must succeed in some form as a currency.

It could be a store of value if it wasn't subject to futures contracts and that's capacity to make money betting against bitcoin without even buying. 

Why does it need to have utility apart from its capacity to move wealth easily avoiding bank charges.  If by utility it needs to be easy to buy a cup of coffee with it I disagree.  Although it's egalitarian in nature, avoiding brokers, it isn't simple and it relies on faith.  Faith that their money won't just go poof or that its value won't drop like a blimp with a hole where the naysayers are sucking out value making money betting against.
It is not going to happen, future contacts are being used precisely to keep the price of bitcoin down in a very similar way in which future contracts are being used to keep down the price of gold and silver, the big advantage that we have over those markets is that many prefer future contracts for gold and silver since moving so much gold and silver is a problem but with bitcoin this is not the case, since we can move a huge mount of bitcoin to the other side of the world without any effort.

Yeah, like that case where the major investment bankers were all in a chat trying to plan what time of day they'd smash down the price of gold. They'd coordinate the selling of millions of dollars worth of contracts all at once just to set the avalanche down.

Gold bugs speculate that the actual price per ounce in the 10's of thousands but the futures contracts, which a bank can write freely without having any physical gold, keep the price capped around 1 thousand. They have a point--if there weren't so many shorts, the price of physical gold would be much higher. The same could very well happen with bitcoin (and already is as forex platforms allow CFD's)
It is hard to say anything regarding the nature of the bitcoin and that way it will behave in the future. Things are getting in a better shape and that there are likely chances that bitcoin will favour the most to the ones who are trusting the bitcoin and that they are holding it for longer time. The market worth of bitcoin will rise higher and that it will help the investors in making higher profit.
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August 03, 2018, 10:10:57 AM
 #405

What do you mean "bitcoin become" let me correct for you, it is trusted and long term store values. Its a profitable currency and return your invest more than your expect.
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August 04, 2018, 06:56:20 AM
 #406


If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.


Where do you get this figure from?

Bitcoin has the basic characteristics of a store of value, the main one being a limited supply. It will need to have some utility for it to be trusted as a store of value so it must succeed in some form as a currency.

It could be a store of value if it wasn't subject to futures contracts and that's capacity to make money betting against bitcoin without even buying. 

Why does it need to have utility apart from its capacity to move wealth easily avoiding bank charges.  If by utility it needs to be easy to buy a cup of coffee with it I disagree.  Although it's egalitarian in nature, avoiding brokers, it isn't simple and it relies on faith.  Faith that their money won't just go poof or that its value won't drop like a blimp with a hole where the naysayers are sucking out value making money betting against.
It is not going to happen, future contacts are being used precisely to keep the price of bitcoin down in a very similar way in which future contracts are being used to keep down the price of gold and silver, the big advantage that we have over those markets is that many prefer future contracts for gold and silver since moving so much gold and silver is a problem but with bitcoin this is not the case, since we can move a huge mount of bitcoin to the other side of the world without any effort.

Yeah, like that case where the major investment bankers were all in a chat trying to plan what time of day they'd smash down the price of gold. They'd coordinate the selling of millions of dollars worth of contracts all at once just to set the avalanche down.

Gold bugs speculate that the actual price per ounce in the 10's of thousands but the futures contracts, which a bank can write freely without having any physical gold, keep the price capped around 1 thousand. They have a point--if there weren't so many shorts, the price of physical gold would be much higher. The same could very well happen with bitcoin (and already is as forex platforms allow CFD's)
It is hard to say anything regarding the nature of the bitcoin and that way it will behave in the future. Things are getting in a better shape and that there are likely chances that bitcoin will favour the most to the ones who are trusting the bitcoin and that they are holding it for longer time. The market worth of bitcoin will rise higher and that it will help the investors in making higher profit.
I think if you compare banks profit with crypto you'll see bitcoin lead banks profit from my point of view bitcoins gives you profit every day and every moment while banks take some time like months and gives you low profit plus holding bitcoin can increase your profit more. Bitcoin is a great source of long term invest and store value.
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August 04, 2018, 08:17:15 AM
 #407

Bitcoin will be reliable if people take the time to learn about reliable and dependable trading platform. And governments must open the door so that bitcoin can grow widely.
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August 05, 2018, 01:09:58 AM
 #408

I think virtual currency can not be a value, by definition. This is not an asset that has the property of preserving capital. This is a big-big manipulation. While the cost of bitcoin is supported, it costs something. But this is for the time being.
That is only true right now because the size of the market of cryptocurrencies is very small but when this changes you will see that bitcoin will retain your value better than any fiat in fact I do not know why people complain, there is a high volatility but the volatility has benefited us greatly the only ones that lost money are those that do not know how to trade and were speculating with the price and those that bought because of FOMO.

I dont believe cryptocurrency market is manipulation. Bitcoin as store of value is more powerfull than gold. Bitcoin price Growth in 2017 is more than x10 and no investment even gold can give gain like bitcoin. Volatility is always happen in any market and its very normal.
I am agree that bitcoin will retain our asset value better than any investment because bitcoin supply is very limited
What are you talking about? It is obvious all the markets suffer some level of manipulation, and volatility is part of that but it does not matter the people complaining about the volatility today will be the ones that will complain tomorrow about the lack of the movement in the market of cryptocurrencies and while gold cannot give the same profits as bitcoin that is because gold has been known as a store of value for thousands of years.
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August 15, 2018, 01:16:14 PM
Last edit: September 29, 2018, 07:10:07 PM by Gabb
 #409

Cryptocurrencies are such a new and disruptive topic in the financial world that it is difficult to predict with a certain degree of certainty what could happen to them as a long-term investment instrument, so I think we should be very cautious about it and diversify our investment portfolio, dedicating only a small part to our long-term investments in cryptocurrencies. I prefer them as a short-term investment.
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August 15, 2018, 01:22:13 PM
 #410

I have great hopes in Bitcoin being a store of value just like gold in future.
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August 15, 2018, 01:24:17 PM
 #411

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
This can only happen if all countries openly supports it. Else, people will continue to have doubt and scare.
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August 15, 2018, 01:30:49 PM
 #412

Bitcoin has long been believed to have value and therefore bitcoin is becoming increasingly valuable. Bitcoin is an asset that by holding it in the long run will get a big profit.

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August 15, 2018, 02:17:40 PM
 #413

Despite the fact that bitcoin technology is obsolete, it is still the most popular digital currency. I think that it will continue. Bitcoin is considered to be the most valuable coin, therefore the price will increase in any case.

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August 15, 2018, 02:24:16 PM
 #414

Despite the internet being an untrustworthy and risky field, people nowadays are heavily depending on it. Like cryptocurrency users, they spend their time and money on it without thinking what bad might happen to the money they invest in. But because of sudden usage and involve of Bitcoin in the field of business and convenience, people are highly dependent on it. That means that if Bitcoin or cryptocurrency keep on gaining users, they will eventually last for a life time and might be the world's leading currency in the market.
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August 15, 2018, 03:30:56 PM
 #415

During the 8 years of existence of the Bitcoins, this crypto currency has attracted the attention of a huge number of traders and investors. This digital currency is the first in the world, albeit not the only one. It is she who receives the most attention from wealthy people who are ready to invest serious money. Therefore, bitcoin can be considered a good long-term investment.
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August 15, 2018, 03:46:39 PM
 #416

bitcoin is already long term trusted store of value, bitcoin is very good coin that exist very long time ago. bitcoin is very secured coin and it is profitable coin that people can make money easily. bitcoin is good assets because the price goes up and up so fast.
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August 15, 2018, 03:47:35 PM
 #417

In my opinion, no one can predict what will gonna happen in bitcoin. We can see the success of bitcoin, but sometimes, we cannot see the future or we cannot assure that it will not fail. For now, we can assure only on banks, theres a lot of insurance in bank. We can say, for our safety, we can depend on bank for now. Any thought?
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August 15, 2018, 03:53:11 PM
 #418

Invest in bitcoin is really good , cause bitcoin could be a blockchain for enterprise and also can be use for transaction with a good speed and good fee. Invest in bitcoin means you invest in a new technology which could be use to help enterprise for blockchain uses. Bitcoin is famous and trustable so i believe good future for bitcoin. As investors it could be wise to invest in something new cause something new means a chance to get a lot of profit and i believe every one love to make a profit and invest in bitcoin could be a great chance that you would never regret.

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yvesp110
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August 15, 2018, 08:16:07 PM
 #419

Bitcoin has long been believed to have value and therefore bitcoin is becoming increasingly valuable. Bitcoin is an asset that by holding it in the long run will get a big profit.
Holding has been the best source of earning since long for all of us, so I think it is good to hold your bitcoin after you invest your money into it, before investing into it one should have bitcoin in wallet, it will rise in price, since long we can notice the price kept on rising so it means best way to get benefit on bitcoin is holding it not to sell too early.
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August 22, 2018, 10:43:20 AM
 #420

Yes , I also believe that Bitcoin will become a long term trusted store of value, because if you have oppurtunity to have more gain in bitcoin you increase it to your accounts or in your wallet, so if we are lucky that bitcoin is continuing in the future to come ,then we have ready stored plenty of coins.
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August 22, 2018, 11:30:16 AM
 #421

I think it will bitcoin will be going long term trusted store of value. Because the community of bitcoin was still growing ang maybe in the future bitcoin will be have the highest price of cryptocurrencies
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August 22, 2018, 12:19:25 PM
 #422

I believe that bitcoin can be a long term trusted coin because of its specs and usage. The scarcity also of bitcoin makes its endurance, why? Because if it has unlimited supply of coins then for sure its price will not goes up. The tendency is that, many investors will pull their investment because bitcoin is not profitable.

Yaaah. I am totally agree with you. Bitcoin can be a long term because of its market price. As of now, bitcoin gradually growing day by day and many people are interested to join in our community. As you can see, bitcoin price is a long term because a few months of its down fall it will rise again. As long as you stored your bitcoin it will increase.

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August 22, 2018, 12:31:35 PM
 #423

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

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August 22, 2018, 12:31:59 PM
 #424

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
I think that Bitcoin is having a great possibilities to proceed with in near future, but we are humans that rule Bitcoins vehicle! We can both improve or destroy it as well as develope better.
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August 22, 2018, 12:36:57 PM
 #425

I see it as a long-term investment instrument to generate earnings. because the surge is too much. a wrong move can damage it. you need to be very careful and patient. Good analysis is required. If you do not want to take risks, it would be better to keep money in the long run
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August 22, 2018, 12:42:23 PM
 #426

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

Will become?

What do you think it has already happened? Versus gold (one of the best stores fo value) its already more scarce, easily tradeable and easier to move. The next 10 years it will definitely surpass the total marketcap of gold too.
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August 22, 2018, 12:58:53 PM
 #427

digital gold
deloreswest
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August 22, 2018, 01:04:03 PM
 #428

Im sure bitcoin will be, thats why so many company wanted an etf of bitcoin, so more people would come and bitcoin price will be good for store money than gold. Etf and etn will changes cryptocurrency and i believe it will become good.

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August 23, 2018, 09:47:55 AM
 #429

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
I don’t really know for sure, we don’t know that now but we will get to find out as soon,  but I hope it does, cause if such happens then a lot of people will get to trust bitcoin and start to invest a lot of money in it Another thing you have to consider is the fact that bitcoin is volatile,  so do you think that anyone is ready to use something as volatile as bitcoin to store their wealth?
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August 23, 2018, 11:08:30 AM
 #430

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
I think that in order to become something like this with coins to get more stable, because right now nobody will trust his money to the store of value which is constantly changing the positions.

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August 23, 2018, 11:26:55 AM
 #431

This questions doesn't have a particular answers, but for me this is already been running for almost 10 years if I am not mistaken. Many of the BTC holders doesn't expect to bloom it with the current value right now. So, when it comes to a long-term trusted of value, definitely Bitcoin can handle the situation.
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August 23, 2018, 05:43:14 PM
 #432

Yes of course,  bitcoin will be a long term store of value. It is a nine year old now and still counting because the number of bitcoin users increases over time. It is the best creation of the modern times and it has big impact on the financial system. Sooner or later, bitcoin will become the future of money. Cheesy Cheesy
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August 26, 2018, 09:09:50 PM
 #433

I see it as a long-term investment instrument to generate earnings. because the surge is too much. a wrong move can damage it. you need to be very careful and patient. Good analysis is required. If you do not want to take risks, it would be better to keep money in the long run
It will certainly be very reliable very long. Even through many generations. And those who want a high turnover are quick to invest. For a long time it will lead to panic.
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August 26, 2018, 09:42:31 PM
 #434

I see it as a long-term investment instrument to generate earnings. because the surge is too much. a wrong move can damage it. you need to be very careful and patient. Good analysis is required. If you do not want to take risks, it would be better to keep money in the long run
It will certainly be very reliable very long. Even through many generations. And those who want a high turnover are quick to invest. For a long time it will lead to panic.
It is in fact becoming more and more stronger from time to time. Actually people interest is still increasing to invest money in bitcoin. Bitcoin is still the first choice of the most of the people still they are interested to invest their money in bitcoin, because they are expecting that bitcoin price will give them profit.
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August 26, 2018, 09:58:52 PM
 #435

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
Well, indeed. It gradually depends on the perception of an individual if he thinks that Bitcoin can be a good and long-term trusted store of value or not. I bet even Bitcoin users are sometimes thinking of that Bitcoin might be or might not be a long-term trusted store value especially the new ones because of its too much volatility that although a great advantage and a unique characteristic of Bitcoin, was also risky and fearing in a way that "What if one day I wake up, Bitcoin was already down into zero value?" which is a mindset of those people who are too curious that it can be possible to happen. But for us who have already bet our trust into Bitcoin, we are already treating it as a long-term trusted store value so it is possible.

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August 26, 2018, 11:08:07 PM
 #436

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
I do not think like you, you can see that the crypto market is in the long-term bearish trend and although the bitcoin price is holding above $ 6000, the fines may drop sharply at any time. Therefore, to be able to trade successfully is very difficult, bitcoin prices are constantly adjusting and this makes the price of altcoin is very strong. I believe that the time when investors' confidence in bitcoin is losing.
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September 04, 2018, 03:15:05 PM
 #437

It is a long term of value because you can trust it to save your future  finances
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September 04, 2018, 03:23:24 PM
 #438

Bitcoin has become the highest and most trusted investment for now and in the future will also be trusted. Bitcoin is a crypto original coin and the strongest and will remain a trusted one.

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September 04, 2018, 03:37:44 PM
 #439

Bitcoin has become the highest and most trusted investment for now and in the future will also be trusted. Bitcoin is a crypto original coin and the strongest and will remain a trusted one.
if between other crypto coins is true, but not the best investment choice among other investments. if for cryptocurrency, bitcoin affects the development of other coins, so it is the best coin for long-term investment
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September 04, 2018, 03:58:02 PM
 #440

Bitcoin has become the highest and most trusted investment for now and in the future will also be trusted. Bitcoin is a crypto original coin and the strongest and will remain a trusted one.
if between other crypto coins is true, but not the best investment choice among other investments. if for cryptocurrency, bitcoin affects the development of other coins, so it is the best coin for long-term investment

due to the volatility of the coin for me storing your fiat in bitcoin will not be worth it because when we say STORING the value of it will still remain until you pull it out in the market but if the market value will be better it is good.
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September 04, 2018, 04:03:05 PM
 #441

Bitcoin is built to be a long term digital store of value. If you will just keep your bitcoin for a long time since you bought it, expect it to have a good value today and others missed that opportunity too.
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September 05, 2018, 10:13:37 PM
 #442

Bitcoin has a big chance to become in that stage because nowadays, bitcoin are so famous mostly in the rich country. Not only 10% to become in that stage but a big change. As a member of this forum, all I can help is to encourage more people to join this kind of bussiness.
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September 05, 2018, 10:51:04 PM
 #443

As long as the human record goes back in time, Gold became a store of long-term value, gold has become a form of constant wealth in most of the world's culture. Because other valuable materials and forms of currency have come and gone, gold remains a trusted asset.

Its value comes from its scarcity and as a form of wealth, it can be brought to any country and converted into fiat or traded as for goods and services.

In many ways, gold and Bitcoin are similar except that gold has passed the test of time, while Bitcoin is in its infancy as a universal currency. I think Bitcoin is likely to surpass gold as a commodity and a long-term store of value.
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September 06, 2018, 11:37:26 AM
 #444

I think the players have been trying to defame gold and replace it with USD. I do not think they will give up easily. Look at what Goldman did, I think they never intended to get that bitcoin desk.
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September 07, 2018, 04:34:27 AM
 #445

If you're a businessman and you don't want to hold cash because the inflation rate in your country is very high and your money's purchase power decreases continuously. Then what will you do? You will buy bitcoins to store your money clearly here.
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September 07, 2018, 06:41:09 AM
 #446

if there are still many investors and interested in bitcoin, I think bitcoin will be a digital currency that will become a competitor of the current currency
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September 07, 2018, 06:47:58 AM
 #447

I think bitcoin's popularity will be able to be a store of value, this can be seen in bitcoin developments starting in 2009 and 2018 and many countries that have recognized bitcoin as a digital asset.
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September 07, 2018, 06:55:14 AM
 #448

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
In my opinion, Bitcoin is not worth the trust. Bitcoin is just a big business to protect people who are tax evasion and money laundering. So the price of Bitcoin increases is not because it has many potential values, it is just a tool of the bad guys. It's not as good as you think.

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September 07, 2018, 06:55:51 AM
 #449

It is almost uncertain these days whether a particular coin will be a store of value, even bitcoin itself considering the recent market crisis and high level of coin dip. People that want to invest in bitcoin are scared of the it's low value right now. But surprisingly the real crypto analysts believe now is the right time to invest and buy the bitcoin since it will increase and moon up to surpass it's last highest mark.
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September 07, 2018, 07:11:50 AM
 #450

Yes, Bitcoin is always and one of the best coins where we can hold it for long-term because already the price of Bitcoin increased from bottom to uptrend. Even many millionaires considered it as a very good investment for long-term, so Bitcoin is always long-term trusted one to be in our portfolio holding.
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September 07, 2018, 11:15:02 AM
 #451

I trusted bitcoin works as cryptocurrency, from the trend I observe , bitcoin is so successful as cryptos ,so this would become a long-term trusted store of value ,like buying gold which is a long term investment, it is doing very well for a span of time, so I say that it will goes for a long span of time in this digital business.
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September 07, 2018, 11:36:05 AM
 #452

Bitcoin has become the highest and most trusted investment for now and in the future will also be trusted. Bitcoin is a crypto original coin and the strongest and will remain a trusted one.
if between other crypto coins is true, but not the best investment choice among other investments. if for cryptocurrency, bitcoin affects the development of other coins, so it is the best coin for long-term investment

due to the volatility of the coin for me storing your fiat in bitcoin will not be worth it because when we say STORING the value of it will still remain until you pull it out in the market but if the market value will be better it is good.
Seeing that bitcoin is an investment and has a risk, I think we should not save all our money in bitcoin even for the long term. because the risk can still happen right? I know that for the long term the price of bitcoin is predicted to explode in the future, but to keep all your wealth in it would be very risky. so just use a few percent in bitcoin and the rest keep it in a safe place that is not subject to inflation or fluctuations like gold
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September 07, 2018, 02:08:28 PM
 #453

Yes, Bitcoin is always and one of the best coins where we can hold it for long-term because already the price of Bitcoin increased from bottom to uptrend. Even many millionaires considered it as a very good investment for long-term, so Bitcoin is always long-term trusted one to be in our portfolio holding.

Bitcoins is an asset that is really good for long term investment, that is the reason why bitcoins is very profitable right now in the market and other industries.
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September 07, 2018, 02:34:00 PM
 #454

If you have already business, then you might as well invest in different kind of investment and cryptocurrency ,the bitcoin will be considered a long trusted store of value for your money, even if it is quiet risky but ,there are no reports of scams in this kind of busines,so we will go on and trust it.
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September 07, 2018, 03:18:00 PM
 #455

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

Of course because we can see from 2009 until now bitcoin is very useful in every year and also the price is also very high if we look back in 2009. Believing in bitcoin might make you feel more confident.
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September 07, 2018, 03:23:28 PM
 #456

Bitcoin's price this year ranges from $19,000 to $6,000. With these, we can say that bitcoin can be a long term investment. Just buy the dips and sell them when the price is high.
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September 07, 2018, 03:51:09 PM
 #457

Bitcoin is built to be a long term digital store of value. If you will just keep your bitcoin for a long time since you bought it, expect it to have a good value today and others missed that opportunity too.

True, bitcoin is made for the future, this is what makes everything about the future already in bitcoin, now anonymous features may be hated by the government, but I believe that privacy will become a priority in the future so bitcoin is the future.


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September 07, 2018, 04:37:52 PM
 #458

Bitcoin is built to be a long term digital store of value. If you will just keep your bitcoin for a long time since you bought it, expect it to have a good value today and others missed that opportunity too.

True, bitcoin is made for the future, this is what makes everything about the future already in bitcoin, now anonymous features may be hated by the government, but I believe that privacy will become a priority in the future so bitcoin is the future.

Yes, bitcoin is our future and bitcoin will surely give us a good future, we just really need to keep holding and keep believing that it will continue to rise and shine.
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September 07, 2018, 06:20:39 PM
 #459

Bitcoin will be a long-term trusted store of value bitcoin already proved it has the main source of value exchange with blockchain technology the same with follow in future
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September 07, 2018, 08:46:07 PM
 #460

Bitcoin will be a long-term trusted store of value bitcoin already proved it has the main source of value exchange with blockchain technology the same with follow in future

In my own opinion, yes it will be good for long term trusted coin since it was very popular and there are a lot of people who are keep on investing in it.
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September 07, 2018, 09:27:04 PM
 #461

Long-Term, absolutely yes.
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September 08, 2018, 12:46:54 AM
 #462

Bitcoin will be a long-term trusted store of value bitcoin already proved it has the main source of value exchange with blockchain technology the same with follow in future

As store of value, bitcoin is very secure and hard to hack. With blockchain technology, bitcoin transaction data keep safe in every computer in the world. In digital world, I am believe bitcoin will be secure digital currency and trusted store of value
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September 08, 2018, 10:02:27 AM
 #463

i would say that the best supply of investment related to bitcoin would be any other cryptocurrency, For an extended-time period increase in value volatility isn't always a element to judge auto and the continuous growth price has not ended the coming decades so yes it's miles the quality investment for a long-term excessive return,
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September 13, 2018, 07:43:25 AM
 #464

At this cost, each holder of bitcoins will worry about their investments and will constantly monitor the news about the crypto currency. With various negative information, which even now appears periodically, including fictitious, there will be alarmists who will immediately sell their bitcoins. This can provoke panic and bitcoin will fall sharply in value until depreciation. Under such circumstances, it can hardly be said that it will be a reliable repository of value.
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September 13, 2018, 07:51:25 AM
 #465

Well, it depend on you, what you know and belief about bitcoin, if you think bitcoin can be a long term trusted value  whom you can store up all your trusted money or value then do so, but it take a risk doing that, those who has the capacity to do that is truly a brave one coz he's not afraid of losing and he's truly a risk taker
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September 13, 2018, 12:04:13 PM
 #466


If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.


Where do you get this figure from?

Bitcoin has the basic characteristics of a store of value, the main one being a limited supply. It will need to have some utility for it to be trusted as a store of value so it must succeed in some form as a currency.
True, bitcoin has the perfect characteristics to be a store of value in fact its characteristics are even better than gold, however there is a lot of competition with many other alts trying to take its place so if bitcoin is become a store of value it needs to leave no doubt that it is the best coin in the market and for that it needs to be adopted as a currency or have some other use.

I got a feeling that bitcoin will become one. It is not easy to have a full trust to anonymous people. But bitcoin gave us that feeling that it is worthy. From investment to profits. I know it will be a long-term trusted store value.

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September 13, 2018, 12:11:26 PM
 #467

Bitcoin will be a long-term trusted store of value bitcoin already proved it has the main source of value exchange with blockchain technology the same with follow in future
bitcoin is also a coin that many investors in the world rely on for long-term investment. because the results are indeed very large and very good for future investments
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September 13, 2018, 02:10:40 PM
 #468

Yes…its correct bitcoin is trusted coin for investment, at the moment we are looking some bubbles due to some fud. But it’s a promising coin & king of crypto.
If you have bitcoin or you want to buy bitcoin then you just have to hold long term to make profit in X.
If you keep patient then you will never made any loss from bitcoin, but you will make a reason able profit.
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September 14, 2018, 05:32:58 AM
 #469

Bitcoin will be a long-term trusted store of value bitcoin already proved it has the main source of value exchange with blockchain technology the same with follow in future
Bitcoin is a long term trusted store of value therefore investors are investing in it as its high potential of giving huge returns in the end if your investment when you end up on high price. Bitcoin is the most precious in the current modern world and we can not ignore it therefore for as a huge profitable source it has been the first choice of investors to invest in it.
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September 15, 2018, 08:38:00 AM
 #470

Selling your coins and buying some gain and selling then again is not helping at all. We shoukd just really look into holding and buying more rather than selling. I believe bitcoin will be a strong crypto currency and we will reao all the benefits from it.
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September 18, 2018, 05:51:00 AM
 #471

It is almost uncertain these days whether a particular coin will be a store of value, even bitcoin itself considering the recent market crisis and high level of coin dip. People that want to invest in bitcoin are scared of the it's low value right now. But surprisingly the real crypto analysts believe now is the right time to invest and buy the bitcoin since it will increase and moon up to surpass it's last highest mark.

Yeah, with the current condition at the market right now, it's hard to thinking will bitcoin or other cryptocurrency can be a good long term investment or not. It's really different for what happened on 2017, all cryptocurrency price go up and huge, not like this year which all the cryptocurrency price crashed so hard.

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September 18, 2018, 06:01:52 AM
 #472

It is almost uncertain these days whether a particular coin will be a store of value, even bitcoin itself considering the recent market crisis and high level of coin dip. People that want to invest in bitcoin are scared of the it's low value right now. But surprisingly the real crypto analysts believe now is the right time to invest and buy the bitcoin since it will increase and moon up to surpass it's last highest mark.

Yeah, with the current condition at the market right now, it's hard to thinking will bitcoin or other cryptocurrency can be a good long term investment or not. It's really different for what happened on 2017, all cryptocurrency price go up and huge, not like this year which all the cryptocurrency price crashed so hard.

I guess it is insufficient to compare bitcoin with its trend last year. When one thinks of long term, it has to be of actual long duration, not just in terms of couple of months or years. Btc has boomed exponentially since it first started years ago. And with the popularity and interest it has gained now, it will surely continue to boom.

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September 18, 2018, 08:54:45 PM
 #473

You can not be completely confident in the crypto currency. We must always remember that crypto currency is a very risky investment of funds. Therefore, in general, not a single crypto currency can be a reliable repository of value, no matter how reliable it might seem. In addition, bitcoin already has a high cost, with increasing cost, its price volatility increases and investing in it becomes more risky.

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September 18, 2018, 10:18:50 PM
 #474

i think myself that cryptocurrency is a thing of the future i think that one day we will not have money like today everything will be in crypto coins and everyone will have a crypto wallet in there pocket and all purchases will be done by this
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September 19, 2018, 03:15:20 AM
 #475

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

Obviously bitcoins will be really good for long term investment due to different people who are interested on investing in cryptocurrency and that is the reason why we should invest today while the market price is still dumping.

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September 19, 2018, 04:14:05 AM
 #476

Yes will be, bitcoin become more profitable value when you keep and invest your money at bitcoin and maybe you can take much profit with bitcoin later. just last month bitcoin still down and hope next month bitcoin will raised.
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September 19, 2018, 08:47:46 AM
 #477

Bitcoin does have the potential to become a long term trusted store of value and not only this, but can also head towards being a mainstream currency.
But for the above, the coin has to become quite stable rather than being so volatile as it is important for a stable economy. Bitcoin was the first to bring forward the idea of smart currency with which one can make transactions throughout the world. Not only this, transactions through the coin are highly secure and information of the sender and recipient are kept private. The coin has seen a great increase in its market capital since its origin and has the potential to cross the $10000 mark in the upcoming months, making it quite a profitable currency.

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September 22, 2018, 07:21:01 AM
 #478

Bitcoin will be a long-term trusted store of value bitcoin already proved it has the main source of value exchange with blockchain technology the same with follow in future
bitcoin is also a coin that many investors in the world rely on for long-term investment. because the results are indeed very large and very good for future investments
I do not agree. We can never trust anything blindly. This may also hinder the ability of your financial sector to grow. Putting all the eggs in a single basket is always very insecure.

In addition, yes it can become the source to store value but there are many other sources as well which could be used to save money for long term. In the current era, the term saving money is a bit outdated. It is rather the getting your money replicate the most by investing it is some asset. Besides this, Bitcoin has so many advantages and i think it will be the future currency.

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September 22, 2018, 08:09:34 AM
 #479

If investors really believe in the crypto market then perhaps bitcoin will become a long-term and reliable investment shop. Consider the volatility of the crypto market.
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September 22, 2018, 08:32:03 AM
 #480

Yes will be, bitcoin become more profitable value when you keep and invest your money at bitcoin and maybe you can take much profit with bitcoin later. just last month bitcoin still down and hope next month bitcoin will raised.
investing in bitcoin or other cryptocurrency really need our patience.sometime its move extremely and sometimg no movement in long periode.and investor become annoyed with this condition.
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September 23, 2018, 02:03:58 PM
 #481

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

I believe and trust that Bitcoin is the long-term trusted store of value. If we see the history of BTC, it is always holding number one position.Many organization and countries legalize the most successful and dominating coin Bitcoin.

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September 23, 2018, 03:05:40 PM
 #482

As a matter of fact it is a store of value, if you believed in bitcoin in year 2009 you are probably one of the Millionaires today. It will be more precious than Gold as the time pass, no wonder cryptocurrency is a game changer of the economy.
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September 23, 2018, 03:20:51 PM
 #483


If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.


Where do you get this figure from?

Bitcoin has the basic characteristics of a store of value, the main one being a limited supply. It will need to have some utility for it to be trusted as a store of value so it must succeed in some form as a currency.

ONly fool will buy that story,bitcoin to trade for 2milion dollar each?Damn man what are you smoking this days?

Bitcoin will progress and may grow higher but not to be worth a million because if does for sure governments of big country will do their best to kill this community before reaching that much
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September 23, 2018, 03:30:23 PM
 #484

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
the reason why the bitcoin has a higher price because it can adopt to long term investments plus the fact that investors trust it that is why it become more trusted.
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September 23, 2018, 04:43:44 PM
 #485

If bitcoin is accepted all over the world and it becomes a mainstream way to pay for stuff online and in the regular stores then the price of bitcoin will grow up significantly I think this is the first necessary step before bitcoin becomes a store of value. It has the features that are required to be a great long term asset. Plus the fact that it is running in the Blockchain technology that for me is made for the future. It is an awesome technology that is destined to revolutionize the financial world.
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September 23, 2018, 05:53:21 PM
 #486

Whether one should invest in bitcoin or not depends on whether you think Bitcoin will become a long-term trusted store of value.
If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
If BTC does not become a long-term trusted store of value, its likely price will be close to zero (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.

When you say the word cryptocurrency most of the people will say bitcoin. Bitcoin becomes mainstream and popular for different countries, Many establishment are already considering to accept bitcoin as mode of payment. I think bitcoin will survice for many years and it will regain its value. Since bitcoin is a great asset which I think will think of to invest
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September 23, 2018, 08:09:51 PM
 #487

In all depends in the market. Although bitcoin showed a good performance the later years but we don't know if that event will going to happen again. This is why we just need to carefully study everything.

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September 23, 2018, 08:59:37 PM
 #488

Well, During this time, gold has become a form of constant wealth in most of the world's culture and has become a long-term trusted store of value. Because other valuable materials and forms of currency have come and gone, gold remains a trusted asset. Its value comes from its scarcity and as a form of wealth, it can be brought to any country and converted into fiat or traded as for goods and services.

In many ways, gold and Bitcoin are similar except that gold has passed the test of time while Bitcoin is in its infancy as a universal currency. But, I think, Bitcoin will be a long-term trusted store of value.
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September 29, 2018, 07:10:18 PM
 #489

Although I consider myself a true bitcoin enthusiast and I am convinced of the great future that still lies ahead, by no means do I believe that bitcoin has the necessary elements to become a safe and reliable store of value in the long term, since everything related to digital technology tends to be quickly displaced by new and more advanced technologies over time.

We must also bear in mind the great danger that quantum computing, if successful, would represent for bitcoin, which would make all the security protocols of most current cryptocurrencies highly vulnerable, so I think we are still far from having in our hands a cryptocurrency 100% invulnerable and reliable as a store of value.
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September 30, 2018, 05:29:11 AM
 #490

From my point of view, together with the development of blockchain technology and bitcoin, Bitcoin will become a long- term trusted store of value
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September 30, 2018, 07:27:17 AM
 #491

Yes it can be used for long term investment but the price of 2 million per bitcoin is too high, it's possible but it will take time and the chances is pretty slim, but for sure it will be very profitable if we keep bitcoin for long term, there are some positive news that makes the chances of bitcoin grow big
Long-term repository of value, it seems to me, bitcoin will not be with time. He will be hindered in this by his large price volatility and just his preferential use as a means of accumulating value. These two factors, on the one hand, will constantly contribute to its price growth, and on the other hand, will contribute to the rapid loss of its price. When investors get tired of constantly nervous and clutching their hearts, it will no longer be a repository of value.
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September 30, 2018, 07:58:52 AM
 #492

How did you come up to this 2 mln price estimation? I believe BTC will become such a long-term trusted store of value, but it will happen only with a low volatility,because trusted store of value can't lose 20% in a 1 day.
Lower volatility is connected with higher market cap and lower potential profit, so for me there won't be any reason to store funds in BTC , because I stick to higher potential profit.
Best solution will be buying BTC prior it will have become trusted store of value.
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September 30, 2018, 11:08:58 AM
 #493

This time btc looks unsettled, but you rest assured. Bitcoin is becoming more popular, which promotes its development. Then bitcoin will return to its heyday quickly. Trust and stop complaining!
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September 30, 2018, 03:44:09 PM
 #494

Yes in future it is expected that in coming decades BTC will become a long term trusted store.Have trust on it and keep on investing in it.Stop complaining about the fluctuations in the price of BTC.It is becoming popular day by day so just support it .Bear market is expected in coming days so just stay positive ,it will surely become a long term trusted store in future.

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September 30, 2018, 03:54:15 PM
 #495

For more than half a year, bitcoin has been going through a period of cooling, and this is not the limit. There is reason to believe that we will continue to observe a lateral and downward trend in its price due to the sluggish retail demand and the indecision of financial institutions, and also because of too high market capitalization in comparison with the activity in the detachment.
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October 17, 2018, 06:01:20 PM
 #496

In the era of technology development, BTC is always the leading trend of electronic money market. BTC is always a good choice to adapt to long term investment. It is always good to earn extra income every month. In the world there are many investors, big companies have trusted and invested in it because they have caught up with this trend, they have brought high profits from it. I believe BTC is always the best solution for you to invest.
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