What the future HODL?

[liberox]

These days we are about to make a very important decision in which way the cryptosphere will walk through. A sudden rise of a corporate owned coin(s) coincident with a clear sign from the same big corporation how it will threat with the crypto. And for me crypto is equal to bitcoin by nature.

I dont remeber where BNB was named "the next bitcoin", but it is a fact and it was much before the these days run. Its more than shocking, but the truth behind has its reasons. Are You ready for such a future?

Isnt it all that Satoshi was against to? Censorship, centralisation, absolute power in the hands of the big players (the banks from the ancient time).. I hate the shitforks, I can`t tolerate the faketoshi behavior, however the much bigger problem for me is the possibility acts of CENSORSHIP to play role in the cryptoworld. I dont think we should accept that.

Same time the same big player entered with its own coin and predictable it gained a huge power as well entered the possibility to reward its "followers" as recently Mithril.

Where we going? I dont see any significant diffenece between JPMorgan coin, any hypotetical governance coin and BNB. If we continue that way we can see how exchanes delist BITCOIN by reasons as "untrusted", non KYC or whatever. Dont they tend to devaluate it in order to get higher their own exchange-coins (aka BANK-COINS!), to CONTROL the market AND the CUSTOMERS as far as it can.

The problem is that the big part of cryptoadopters are some kind of "investors", "traders", profit-hunters. It has nothing to do with BITCOIN. So they can go ahead and invest in BNB and whichever else BaNkCoin. Thats the shortest way to devaluate and eliminate BTC. BTC is NOT about that. Its for FREEDOM (dont read financial-freedom), and if its not so important for You, go ahead and "invest" in BNB. Next we can see how some customers are banned just because they tweeted something "wrong" about some big player, or some wallets become blocked just because the owned run an website named crypto-leaks with very unpleasure information about the big players..

#deletecoinbase was a big thing, however very poor supported by the community. I hope we can wake up before to be too late. Be careful: DO NOT TRADE Your FREEDOM.

[1714049070]

1714049070

[Patatas]

Unfortunately, there is a very small portion of the community that belongs to 'Do Not Trade Your Freedom' group. The majority doesn't care. Imagine this, Jack hears about bitcoins from his neighbor next door and keeps hearing things like bitcoin make people rich. Jack googles 'buy bitcoins' and he is convinced to buy it from coinbase or other 100 other shitty exchanges. All jack cares about is doubling his money.

[qiwoman2]

I think we will have to compromise some of our Freedoms for the common good and to see Bitcoin and other Cryptocurrencies flourish. Unless the whole system of world governance is overhauled, we can't really see the rise of Bitcoin and long term HODL, as well as the mass utility of it unless we have some regulation and intervention. We want mass adoption and many people hodling Bitcoin but that will come at a price. We want total freedom, then we need first to get rid of the poor governance we have and that will take a long time. For now, though the HODL still applies and it's a long term one for many I believe.

[r1s2g3]

Unfortunately, there is a very small portion of the community that belongs to 'Do Not Trade Your Freedom' group. The majority doesn't care. Imagine this, Jack hears about bitcoins from his neighbor next door and keeps hearing things like bitcoin make people rich. Jack googles 'buy bitcoins' and he is convinced to buy it from coinbase or other 100 other shitty exchanges. All jack cares about is doubling his money.

Almost every article introduce Bitcoin as an asset only. It was "xx" cents in 2010 and now it is $yyyy. Jack never heard about that "freedom" part. Jack never learnt the basic reason of creating the bitcoin. Even Jack is lured to buy lot of shit in the name of blockchain.

[Dark Ripper]

On these days, the future of HODL is very good because hodl for now is the best way to do for waiting the increase and the comeback of the of the real market who have the very high demand of bitcoin and also the high price of the market.

[Ailmand]

I think people who earn bitcoin would never doubt about it and its future. Some of them have the mentality of buying more as long as they can since it's good for a long term investment. We are all aiming for the continuous adoption of bitcoin since that will bring a massive development and has a positive outcome for holders as well. Everyone wants financial freedom and that's the main reason why a lot of believers are holding more bitcoin.

[pooya87]

who cares? let the centralized shitcoins be around and be used for pump and dumps to give investors the profit they so crave. even if coins like BNB shoot up to the moon and be worth $1 million over bitcoin's price, they still remain useless tokens that will get dumped right after their pumping period was over and eventually in the long term they will die. we have seen thousands of them in the past 10 years, they come and get pumped for a while and then vanish since that "profit" was the only thing people cared about and they had no other usages and the "profit" comes from pumps that can not keep happening forever.

[mandor]

depending on the market situation if the price of Bitcoin continues to decline then you have to buy a lot of Bitcoin and HODL aims to avoid dump price and big losses. if you are a trader then you already know that Bitcoin is good for long-term investment and that is why Bitcoin holders still adopt Bitcoin for the future. I have never doubted the future of Bitcoin as long as there are still many people using it.

[hugeblack]

Is it the new manipulation of money? Give you shitcoins for promises.

Many platforms have started to charge their services for some centeral coins which means you pay them to create more free money. I am not talking about BNB but USDT and all the currencies that have no interest except speculation.
The recent rise of BNB was the reason for the manipulation between that platform (Binance) and Crypto.com Chain.

I hope that people will become more aware of this. Otherwise, such platforms will soon be transferred to the next crypto central banks.

[aad140386]

I think you exaggerate the situation. I do not think that things are going so bad now. Yes, there are certain patterns to strengthen the tokens of exchanges, especially BNB, but they will not be able to replace Bitcoin, since Bitcoin will already distribute strongly. Eliminating it altogether, they will not succeed at all because the number of stock exchanges is growing constantly and Binance simply does not have such hegemony on the market of crypto-exchange. If Binance decides to abandon Bitcoin, then most likely it will become a story and not Bitcoin. Of course, I agree with you that many have come to cryptocurrency because of the opportunity to make money quickly, not because they see the benefits of cryptocurrency, but it will always be so. Human greed has no limits.

[Bitinity]

Where we going? I dont see any significant diffenece between JPMorgan coin, any hypotetical governance coin and BNB. If we continue that way we can see how exchanes delist BITCOIN by reasons as "untrusted", non KYC or whatever. Dont they tend to devaluate it in order to get higher their own exchange-coins (aka BANK-COINS!), to CONTROL the market AND the CUSTOMERS as far as it can.

Just in case exchanges started to delist bitcoin because of mentioned above reasons to make their own coin become more popular and get higher price. I do believe the exchanges will get the opposite things, means their coins will be more useless because  people will still believe in Bitcoin than other coins. Anyway, I dont think exchanges will delist bitcoin as it will be like a suicide for them.

[alisafidel58]

"The future looks bright" as they all say. I really don't care about those centralized coins like BNB that has been taking a hype now. HODLers of bitcoin will have a great future when they stick around with bitcoin. They could keep some altcoins but never trust a centralized coin.

[Lakai01]

Ig you are a trader then you already know that Bitcoin is good for long-term investment and that is why Bitcoin holders still adopt Bitcoin for the future.

A trader doesnt care about the price. He trades bitcoin at 20k and he trades bitcoin at 1k. All that matters to you as a trader is how many percent of your stack did you win or lose with your trade!

[Beerwizzard]

These days we are about to make a very important decision in which way the cryptosphere will walk through. A sudden rise of a corporate owned coin(s) coincident with a clear sign from the same big corporation how it will threat with the crypto. And for me crypto is equal to bitcoin by nature.

It has absolutely no effect on cryptocurrency market. Corporations are creating their own stablecoins that would have fixed exchange rate and woukd be used only inside a company that issued them.

Isnt it all that Satoshi was against to? Censorship, centralisation, absolute power in the hands of the big players (the banks from the ancient time)..

In the market someone would always have more money than you. Financial inequality is a natural thing, you won't replace it.

Unfortunately, there is a very small portion of the community that belongs to 'Do Not Trade Your Freedom' group. The majority doesn't care. Imagine this, Jack hears about bitcoins from his neighbor next door and keeps hearing things like bitcoin make people rich. Jack googles 'buy bitcoins' and he is convinced to buy it from coinbase or other 100 other shitty exchanges. All jack cares about is doubling his money.

Sure. And now imagina how many people would buy cryptocurrency if they had to pay extra fees for privacy and other shit without getting a profit. That number would show us true crypto enthusiasts.

[traderethereum]

Ig you are a trader then you already know that Bitcoin is good for long-term investment and that is why Bitcoin holders still adopt Bitcoin for the future.

A trader doesnt care about the price. He trades bitcoin at 20k and he trades bitcoin at 1k. All that matters to you as a trader is how many percent of your stack did you win or lose with your trade!

As long as traders can get the profit, then he will do the same things over and over.
The future of hold will be bright because all cryptocurrency has potential to increase in the future. But that is only for the coin that really has the power to survive for a long time, and not many of them can do that.
The hold itself will become another way for traders to sell only when the price increase higher and still hold and wait for the time to comes.

[AngelSky]

"The future looks bright" as they all say. I really don't care about those centralized coins like BNB that has been taking a hype now. HODLers of bitcoin will have a great future when they stick around with bitcoin. They could keep some altcoins but never trust a centralized coin.

Then how about the XRP is growth buddy? This coin is not at all worth to stay in top 100 as well but this coin got the 2nd and 3rd by changing all the time. So please ignore this coin also along with BNB.
At least this BNB coin is useful in the time of IEO being launched in the Binance launchpad.

May be in next two days we can find the bnb price goes down because of the matic token.

[TalkStar]

If anyone make comparison between other coin and bitcoin then its completely a waste of time. Bitcoin has already showed its stability and still improving in every second. Someone may talk about other coins/tokens price  mooning but are they stable enough to win investors trust.

Bitcoin is one of the most trusted and profitable investment option for worldwide investors. In recent times its hard to find people who haven't heard about bitcoin. Having price boost is just a matter of time.

As a crypto currency user I always prefer others to hold bitcoin first and then choose others.  Its because I want to suggest everyone for similarly lower risky investment.

[Kakmakr]

Exchanges will not de-list coins that are popular, because they are making large amounts of money from coins with high trade volumes. This is what is going to force them to continue supporting Bitcoin. 

As for the BankCoins….. they will be launched and people will quickly see the danger in investing in coins that are centralized <We will make sure to educate them on the dangers of investing in centralized coins> 

The future is Bitcoin and no Bank can take FREEDOM away from anyone, whilst Bitcoin is still around. 

[crypto1998]

hi
for my own opinion im against hodl and against long term investments because bitcoin can pump and dump in any second
and the value of bitcoin isn't stable anymore so holding coins is very risky now
i don't think that BNB exploding is something weard its something expected for a coin of best exchange in the world "Binance"
and i think this is just the beginning im sure that BNB can be the next ethereum or even next bitcoin
and about the BCH fork im also against this shit fork im against BCH this shit coin coused a big mess in the market (bitcoin drop)
Binance did a great favor with delisting BCHSV shit i hope that ABC also will be delisted

[CryptoBry]

Unfortunately, there is a very small portion of the community that belongs to 'Do Not Trade Your Freedom' group. The majority doesn't care. Imagine this, Jack hears about bitcoins from his neighbor next door and keeps hearing things like bitcoin make people rich. Jack googles 'buy bitcoins' and he is convinced to buy it from coinbase or other 100 other shitty exchanges. All jack cares about is doubling his money.

This is the big reality we are in and I am sure that in the coming years nothing much can be changing along this line. The thing is that as long as we are dealing with humans, idealism can be flying in our faces fast. Sad to say, the very things that Satoshi hoped we should be avoiding are right now before our own doorstep. I am really wishing that the bigger Bitcoin community can staying to the dreams by the man who started this whole thing and allow our greed and selfishness to be reigning the whole industry.