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

[t3ChNo]

Long-Term, absolutely yes.

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[jcarlo]

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

[Theackdyo]

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,

[Hunusubuturi]

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.

[dongyi17]

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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[nowlscor18]

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.

[cfif123]

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

[umar22pk]

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.

[BitcoinCommodor]

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.

[Coongcoongler]

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.

[edisystem]

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.

[Bellator]

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.

[Ozero]

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.

[sweetrose1968]

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

[laravuemaster]

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.

[OnceTwiceThird]

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.

[Zackgeno96]

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.

[redsun114]

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.

[Cissnei]

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.

[ivandu]

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.