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Author Topic: Will Bitcoin become a long-term trusted store of value?  (Read 3329 times)
keeee
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June 13, 2018, 10:17:56 PM
 #321

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
 #322

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
 #323

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
 #324

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
 #325

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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