bitcoinsc (OP)
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January 02, 2019, 11:45:05 PM |
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Block chain is a store of value. Even if your coin is not currently improving it is still a store of value. Sum coins being more volitile than others. It ur research on what coin to invest. Bitcoin is the first digital gold used as a store of value. Then there are alts who might be less volitile.
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Ethereum and Uniswap.
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ceetoo224
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January 03, 2019, 03:06:54 AM |
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What do you mean? Well it's a common sense to figure out cryptocurrency has value? Well, if you are pointing out that thing, I guess in some part you are wrong, there are some altcoins that almost doesn't have a value, they are worthless and they should be gone in the market.
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Tidsdilatation
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January 03, 2019, 03:25:50 AM |
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What are you trying to say here? The whole concept of "Blockchain" is the fact that it stores TRUE information, therefor there is a store of value in blockchain. But I guess thats just the foundation which all of this is built, no biggie ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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batang_bitcoin
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January 03, 2019, 03:28:48 AM |
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Blockchain isn't the store of value but bitcoin is.
Blockchain is the technology that bitcoin uses. Don't be mislead if you understood that the technology itself is the store of value, the cryptoCURRENCY is the one that becomes a store of value and the example I mentioned was one of it.
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Rent this sig space so that BTC goes to $100k.
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10c
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January 03, 2019, 09:04:49 AM |
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Altcoins, on the contrary, is the most volatile than Bitcoin. And if the coin has not shown results for a long time, it is quite possible that it will never be able to start doing that
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AlphaGoo
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January 03, 2019, 10:25:35 AM |
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I think the biggest value of the blockchain is the sharing and storage of information, which can provide a lot of help for humans, such as teaching and health care.
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dodgecharger
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January 03, 2019, 01:07:45 PM |
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I believe that the technological innovation brought by the blockchain will be the future development direction, and will allow more people to get benefits.
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shad_ow90
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January 03, 2019, 01:29:48 PM |
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Cryptocurrency can disappear but blockchain technology will never be disappear. Actually, blockchain technology has appeared for long time ago. But now it is often said together with cryptocurrency, so everyone really precisely recognize what it is
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danherbias07
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January 03, 2019, 01:35:53 PM |
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I wont go explaining blockchain and other stuff coz they have already told it to you.
But let us go to volatility though. Bitcoin is volatile and so does altcoin. In fact, with movements in price they are more being played by traders rather than bitcoin which is expensive. Having a large amount of altcoins can make you hundreds of dollars in just a day while on ths other hand you cannot do that with bitcoin.
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Ryananda
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January 03, 2019, 01:44:22 PM |
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I agree if the blockchain is a store of value, because until now bitcoin is still valuable, and some altcoins that can be exchanged with bitcoin still have value even though it's very cheap.
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makishart
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January 03, 2019, 01:55:43 PM |
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Block chain is a store of value. Even if your coin is not currently improving it is still a store of value. Sum coins being more volitile than others. It ur research on what coin to invest. Bitcoin is the first digital gold used as a store of value. Then there are alts who might be less volitile.
It's not blockchain but crypto, crypto is indeed can be considered as store of value if you are seeing bitcoin and so many people have been putting their investment on bitcoin to store their value. blockchain is a system and you should know the differences.
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OluwaTosin10
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January 03, 2019, 01:59:34 PM |
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Block chain is a store of value. Even if your coin is not currently improving it is still a store of value. Sum coins being more volitile than others. It ur research on what coin to invest. Bitcoin is the first digital gold used as a store of value. Then there are alts who might be less volitile.
Well this does not apply to all Blockchain or all crypto currency Why ? Because there are several tokens that are useless and is not a store of value because they will remain uselsss (scam tokens) It’s not only about volatility, good product matters too
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Herbert2020
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January 03, 2019, 02:26:30 PM |
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no it is not!
you are confusing one of many features of "bitcoin" with blockchain in general. bitcoin can be used as a store of value on top of a lot of other things. but the blockchain is the technology and even if you meant the altcoins you are still wrong because many of them are not just dropping in value in long term but also are quite unsafe because of their bugs, their lack of security, their centralization which can lead in your money being stolen by the developer and a lot of other things.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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Reid
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January 03, 2019, 02:36:11 PM |
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no it is not!
you are confusing one of many features of "bitcoin" with blockchain in general. bitcoin can be used as a store of value on top of a lot of other things. but the blockchain is the technology and even if you meant the altcoins you are still wrong because many of them are not just dropping in value in long term but also are quite unsafe because of their bugs, their lack of security, their centralization which can lead in your money being stolen by the developer and a lot of other things.
I hope he is reading this for more learning. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Looks like he have learned wrong and stayed in a different forum. Youtube also sucks for most of the time for they cannot really define the difference. Sometimes it is better to read it than just watch it without even listening to their sad stories which can make you sleep. Yeah, they are better than the pills in drugstores. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Alts as less volatile?! Hmmm. I strongly not agree with that. Try harder.
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wattson
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January 03, 2019, 02:40:23 PM |
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Block chain is a store of value. Even if your coin is not currently improving it is still a store of value. Sum coins being more volitile than others. It ur research on what coin to invest. Bitcoin is the first digital gold used as a store of value. Then there are alts who might be less volitile.
Don't quite understand what value you mean when talking about bitcoin and alts... The value that is being created by the fact that many people are thinking that crypto is a valuable thing? This value?)
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bitcoinsc (OP)
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January 04, 2019, 07:13:12 PM |
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Ok sum coins need to upgrade to there own main net n create a block chain . Maybe I'm wrong . But eth has it's own block chain n will be consider a store of value in sum cases. I heard binance coin is building there own block chain and is less volitile than bitcoin
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Ethereum and Uniswap.
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Whosdaddy
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January 04, 2019, 07:21:46 PM |
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Block chain is a store of value. Even if your coin is not currently improving it is still a store of value. Sum coins being more volitile than others. It ur research on what coin to invest. Bitcoin is the first digital gold used as a store of value. Then there are alts who might be less volitile.
You mean blockchain based cryptocurrencies are to be used for store of value purposes ? Blockchain is basically a distributed common ledger. It is a new innovative way of maintaining database without lagging in any security measurements hence misusing it is highly impossible. Let me come to the point of your discussion. You mean that any investor must choose a coin based on store of value and should not bother about the current volatile nature of markets ? I guess store of value or basic value of a coin is being derived from demand and supply ratio and not just due to intrinsic value. So, you need to do a depth analysis and research to find the right coin to invest.
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centhiniz
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January 04, 2019, 07:42:50 PM |
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bitcoin has many roles and uses, one of which is digital gold, why can it be called digital gold? because of the scarcity of supply that makes it as valuable as gold even in my opinion bitcoin is superior compared to gold because bitcoin will not be damaged, unlike gold which if broken even scratched then the price will go down. therefore, bitcoin is a good choice for investment
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nutriagrigia
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January 04, 2019, 07:52:16 PM |
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I think you do not correctly understand what a blockchain is and what a cryptocurrency is. and how can you even think that altcoins are less volatile than bitcoins? look at the graphics
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ynclksnr321
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January 04, 2019, 08:20:26 PM |
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Block chain is a store of value. Even if your coin is not currently improving it is still a store of value. Sum coins being more volitile than others. It ur research on what coin to invest. Bitcoin is the first digital gold used as a store of value. Then there are alts who might be less volitile.
Please do not compare or liken Bitcoin to Gold. There is no relation with Gold! Yes it has a value but not same with gold. Gold is a real mine and no one doesn't know how much gold we can mine. But we know for Bitcoin! It is only 21 million!
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