Will Bitcoin become a long-term trusted store of value?

[RAAAMA]

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.

[jakagintiri]

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.

[PauloLuks]

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.

[palle11]

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  before its high fluctuating movement except it is regulated.

[andrey111]

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.

[BartS]

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.

[sserge009]

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

[hitrawal91]

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.

[terrific]

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.

[torch2121]

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.

[appleslymphoma]

Its better to have a btc assests for future than having a gold or silver. Atleast i trust it that much

[GoodLuck2]

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.

[Westinhome]

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.

[Cherylstar86]

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.

[genology]

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.

[redshiftexpensive]

Yes you can trust if you have enough surplus to lose at a pitch of toss. Then it can be profitable for you

[Harper6]

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.

[OrangeSeller]

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.

[Farma]

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.

[Noelbetty12]

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.