Bitcoin value

[r32godzilla]

Slow transaction problem has almost been solved by active implementation of segwit 2x.It has been banned only in few smaller economic countries and that would not have any impact on its future.Price manipulation has been a continuous issue but it would exist until newbies selling in panic exists.Bitcoin would be used for payment purpose but only to some extent as its supply is limited remaining unchanged.

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[chaser15]

Slow transaction speed

When is the last time you did some transfer? Do it again.

consumes a lot of energy

Still not a wasted one.

It is banned in some countries

How can this be solved? Let those countries who banned bitcoin remained out of the game. Bitcoin can proceed without them.

Price manipulated

It's different than before. Bitcoin are now distributed to different persons globally so it's not easy to manipulate it now. What are we seeing is the effect of the started trigger whether pump or dump by the whales. You need a literally billions to manipulate now the bitcoin market.

Is there a sustainable future for bitcoin and cryptocurrency ?

I believed.

[Finestream]

Bitcoin should be kept for a long time for quality and development of Bitcoin, when the cost of Bitcoin is low, then it should be kept back and when the price goes out, then it will be sold.Bitcon.

I think bitcoin becomes more valuable when we consider it as a long-term investment because we can really gain huge profits from holding it patiently.But let's also consider the true value of bitcoin which is to become a global currency in the near future.Remember it's the main goal of having a cryptocurrency and making it as an investment will just fall on the second option.

[playboy654]

Slow transaction problem has almost been solved by active implementation of segwit 2x.It has been banned only in few smaller economic countries and that would not have any impact on its future.Price manipulation has been a continuous issue but it would exist until newbies selling in panic exists.Bitcoin would be used for payment purpose but only to some extent as its supply is limited remaining unchanged.

The value of cryptocurrencies are not in a good state this is due to many reasonss but the investors definitely stable for some time it will be there right understanding from cryptocurrencies because this is my opinion.

[btcjocan]

Bitcoin should be kept for a long time for quality and development of Bitcoin, when the cost of Bitcoin is low, then it should be kept back and when the price goes out, then it will be sold.Bitcon.

I think bitcoin becomes more valuable when we consider it as a long-term investment because we can really gain huge profits from holding it patiently.But let's also consider the true value of bitcoin which is to become a global currency in the near future.Remember it's the main goal of having a cryptocurrency and making it as an investment will just fall on the second option.

If we are going to invest in bitcoin dont look its present value, look for the future value. It's good to have a plenty of patience if we are investing in bitcoin, and we need to take the risk to gain more profit. It's good to invest in long-term. We also need to remember that there's a lot of things we can do with bitcoin. Bitcoin is a digital curenccy that we can use trough internet transaction.

[etron]

I think that in the transaction it is quite satisfied but we are always here in the punch by the popes so we always get stuck in the prediction of the price, we better do the mining than the trade because in trade will make us hurt.

[shinchan123]

What escape path for Bitcoin?
The value of Bitcoin is still very high . Some problems of bitcoin are difficult to solve as :
- Slow transaction speed
- consumes a lot of energy
- It is banned in some countries
- Price manipulated
Is there a sustainable future for bitcoin and cryptocurrency ?
Bitcoin will become the coin of payment as its purpose is created. Or is it just a game of whales? A financial game with winners and losers

Bitcoin will remain, it will be used as a medium of exchange soon in the future. Some stores are using and accepting bitcoin payment and soon there will be huge demand as soon as it is widely used and adapted by everyone. Countries are banning because they are not yet fully aware of the real scope of bitcoin.

[Pecinan]

What escape path for Bitcoin?
The value of Bitcoin is still very high . Some problems of bitcoin are difficult to solve as :
- Slow transaction speed
- consumes a lot of energy
- It is banned in some countries
- Price manipulated
Is there a sustainable future for bitcoin and cryptocurrency ?
Bitcoin will become the coin of payment as its purpose is created. Or is it just a game of whales? A financial game with winners and losers

since the beginning bitcoin was created to overcome the economic problems in the world, but gradually its function changed into various forms
I think bitcoin will continue to prevail until 2030

[finlandais]

Bitcoin value is very low at present so we can say that it is the best time to buy new coins .Take it in positive sense.I don't understand why people are selling their coins at such a low rate.Don't look at the present market value of bitcoin look at its future scope.Bitcoin is a long term investment.We should see that in coming decades their is a chance that bitcoin will be the most important and global digital currency in the world.Just have patience and just hold your coins in order to gain a huge profit in future.

[samcrypto]

Bitcoin should be kept for a long time for quality and development of Bitcoin, when the cost of Bitcoin is low, then it should be kept back and when the price goes out, then it will be sold.Bitcon.

I think bitcoin becomes more valuable when we consider it as a long-term investment because we can really gain huge profits from holding it patiently.But let's also consider the true value of bitcoin which is to become a global currency in the near future.Remember it's the main goal of having a cryptocurrency and making it as an investment will just fall on the second option.

That's why cryptocurrency is invented and yet people still thinking about just making money here because they thought cryptocurrency only good for that one. Bitcoin will increase its value in the future and if you are still holding bitcoin your futute will be good.

[yuukireit]

bitcoin ecosystem are more likely for a transaction method or payment. but people looking in this as a investment method in them. if many people are investing in bitcoin and make bitcoin too much out with it ecosystem it can make bitcoin suffer too much

[lol1yatme]

What escape path for Bitcoin?
The value of Bitcoin is still very high . Some problems of bitcoin are difficult to solve as :
- Slow transaction speed
- consumes a lot of energy
- It is banned in some countries
- Price manipulated
Is there a sustainable future for bitcoin and cryptocurrency ?
Bitcoin will become the coin of payment as its purpose is created. Or is it just a game of whales? A financial game with winners and losers

Yes the bitcoin value is still high for me too, even though the market is falling. Those problems should be quickly overcome if bitcoins are the coins of the future, at least make bitcoin transactions faster and give high support to bitcoin in many countries, so I'm sure bitcoin will become stronger as well as its possible price alone will be stable and will increase faster after the fall of the market as it is now.

Most of people are talking about the main reason which is the demand rate that controls the value of Bitcoin. The current value is 6k dollar which is still a low value and the conditions are favorable for the buyers. Moreover the low value is a benefit for buyers because it is very easy to get large quantity coins on the usage of low amount. All we need is to collect large quantity coins from this market which will payoff.

[Nabilo]

I don't see bitcion transaction is slow maybe you've ever send money to someone.Try to use other transaction like pay-pal or bank transfer they'll gives you a lot time while bitcoin has no time limit they're fast easy and send money with more speed than anyone.Anyways even if they banned but people can't stop it its banned in my country but i still using it believe me it doesn't matter

[jaysabi]

What escape path for Bitcoin?
The value of Bitcoin is still very high . Some problems of bitcoin are difficult to solve as :
- Slow transaction speed
- consumes a lot of energy
- It is banned in some countries
- Price manipulated
Is there a sustainable future for bitcoin and cryptocurrency ?
Bitcoin will become the coin of payment as its purpose is created. Or is it just a game of whales? A financial game with winners and losers

Yes the bitcoin value is still high for me too, even though the market is falling. Those problems should be quickly overcome if bitcoins are the coins of the future, at least make bitcoin transactions faster and give high support to bitcoin in many countries, so I'm sure bitcoin will become stronger as well as its possible price alone will be stable and will increase faster after the fall of the market as it is now.

Most of people are talking about the main reason which is the demand rate that controls the value of Bitcoin. The current value is 6k dollar which is still a low value and the conditions are favorable for the buyers. Moreover the low value is a benefit for buyers because it is very easy to get large quantity coins on the usage of low amount. All we need is to collect large quantity coins from this market which will payoff.

This is not a low value, in fact Bitcoin has been below this value for 90% of its life (maybe more). You're comparing it to its insane all time high and concluding it looks cheap from here, while people were doing that when it fell to $15,000 and $10,000 too. Yet it continued to drop because it wasn't cheap at those levels, it was still insanely overvalued. The point is, you can't arbitrarily look at the price at any given moment and have any rational basis for whether it is over priced or under priced. This assessment is only something that becomes apparent with hindsight. You could be falling into a bull trap with this type of thinking, which is just looking at price trends and concluding that because it's fallen so much, it's about to start going up when in reality it has only paused its descent and will soon resume falling. Trading is far riskier than anyone buying Bitcoin at these levels understands or acknowledges.

[Jating]

What escape path for Bitcoin?
The value of Bitcoin is still very high . Some problems of bitcoin are difficult to solve as :
- Slow transaction speed

The last time I checked, confirmation time is very quick. Haven't you heard about a $300 M transaction with $0.04 fees, confirmation in about 4 minutes? https://www.blockchain.com/btc/tx/39afcad6c4d0713ed291014315c4dcf2d81334275218c28fd354af45b7395c61.

- consumes a lot of energy

I don't know when investors started to become very alarm about mining consuming energy. I suspect that this is just another argument to throw off investors.

- It is banned in some countries

That's their own choice. We cannot control them.

- Price manipulated

Debatable. Any particular whales you are aware that manipulating the price from behind?

Is there a sustainable future for bitcoin and cryptocurrency ?
Bitcoin will become the coin of payment as its purpose is created. Or is it just a game of whales? A financial game with winners and losers

Of course its sustainable, the last bitcoin is not yet even mine and it will took many years before we can achieved time. I don't think that its a game of whales, because others have used to pay online, including myself.

[sublime5447]

- Slow transaction speed

Bitcoin transaction isn’t slow, whenever I exchange altcoin become bitcoin doesn’t take so long even my transactions are successful under 8 minutes. Maybe you can try to exchange your altcoin into bitcoin or use bitcoin in some companies that accept bitcoin as payment.

Is there a sustainable future for bitcoin and cryptocurrency ?

Bitcoin also has a good future but cannot be sure because bitcoin’s journey to a good future is still long. There are still many countries that ban bitcoin.

Every crypto currencies have the same tendency we all know the bitcoin is anonymous and volatile in nature. For this only we are investing our hard earned money into this crypto currencies. I see you guys are really feel panic about the price dump on bitcoin.
I hope you guys are started into bitcoin by 2017. That time bitcoin rapport is only big spike by taste it these things may be bitter for you but accept it and invest more to taste the profit again.

Yes it seems you are right. Most people just want to earn profits from bitcoin without thinking long that the price decrease can make loss and panic to sell bitcoin. Bitcoin is very extreme where the price rise and down drastically. Like a few days ago bitcoin was dropped to $ 5,800 and I'm sure at that price many people panicked and sold it. Today there must be a lot of new investors because the price has rebounded to $ 6,400 and that's where new investors buy from what has been sold by bitcoin holders who panicked seeing the price keep decreasing.

[allthingsluxury]

Bitcoin is worth exactly what someone is willing to pay for it. This is the same for anything in life. At the moment, Bitcoin is valuable, despite its recent setbacks.

[jlong187]

 I've heard that til 2021 the last bitcoin would be mined, and then I suppose we would get rid of those problems that you have listed here, but till that time, we can only manage those.

[0t3p0t]

- Slow transaction speed

It's not slow. Don't mix up transaction speed with confirmation times. I would even say that Bitcoin is faster than it has been before. As long as miners aren't trolling, the average block time of Bitcoin will remain below the 10 minute mark.

- consumes a lot of energy

It does and it should. Plenty of this energy is renewable.

- It is banned in some countries

Still doesn't prevent people from using it. Also, the term banned has been subject to heavy abuse by news sources. Bans aren't always bans.

- Price manipulated

It has always been, just like every traditional market is being manipulated.

Is there a sustainable future for bitcoin and cryptocurrency ?
Bitcoin will become the coin of payment as its purpose is created. Or is it just a game of whales? A financial game with winners and losers

Bitcoin has a sustainable future, where I am not really convinced in other coins, but they aim to serve other parts of this industry. Good luck to them.

Perhaps you should start spending Bitcoin in order to see how fast or slow it is. Blocks are coming through like it's a summer sale.  

Yes I agree that Bitcoin will still be the best coin to be used for payment purposes and same as having a safe investment compared to Altcoins wherein they are dependent on Bitcoin. Since cryptocurrency is a community based asset then it can be manipulated by big players. I value the importance of Bitcoin because I know that one day it will give you and me a financial freedom. All my Altcoin investments will always be converted to Bitcoin because it is a much safer coin.

[Shenzou]

I've heard that til 2021 the last bitcoin would be mined, and then I suppose we would get rid of those problems that you have listed here, but till that time, we can only manage those.

I don't know where you got that information from but it is wrong, there is still at least  20% of the bitcoin to be mined and the mining difficulty is adaptive, meaning that it increases if people mine a lot and decreases if there are few people mining it. slow transaction in the bitcoin network are just a result of high traffic, but it is promised that soon there will be a launch of the lightning network technology that will allow sending and receiving transaction instantly, which will definitely make bitcoin great again.