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Author Topic: Bitcoin isn't just an investment, it is the future  (Read 2298 times)
boris1044
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November 13, 2019, 08:25:01 PM
 #201

From my last post about Bitcoin investment,  following the valuable contributions of members of the forum,  I learnt that Bitcoin investment is not just something that blossoms in a few days,  rather it takes patience.

 That gave rise to my new topic.
Bitcoin isn't just an investment, but it is the future...

 Let's all share our thoughts about this, in order to encourage ourselves and build a stronger community of users.

if you use bitcoin, you are trusting your money to a complex system you don’t understand, people you know nothing about, and an environment where you have no legal recourse. In the traditional world of investing, this would raise enough red flags to make it a bad idea. On the other hand, the European Central Bank reports that Bitcoin is just one of over 500 digital currencies now in circulation around the world. Even it Bitcoin ultimately fails or is relegated a minor role on the world stage, one of its successors could radically alter the way the world thinks of currency.

So what does the future hold for Bitcoin and other virtual currencies? It is safe to say that they are here to stay. You can use the virtual currency to make purchases in a wide variety of video games and some retailers like overstock.com and tigerdirect.com. You can also use bitcoin to safely purchase gift cards for hundreds of business like Home Depot, KMart, and amazon.com. However, the Bitcoin website notes that “Bitcoin is not a fiat currency with legal tender status in any jurisdiction.” And based on the regulatory and enforcement actions of major governments, including the United States and Russia, that status is unlikely to change anytime soon.
crypto_fan_boy
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November 13, 2019, 09:12:05 PM
 #202

Honestly, there are many possibilities connected with cryptocurrencies. Bitcoin and its blockchain did a great job at starting the idea about digital monetary system enabling super fast transactions, loads of scalable solutions and many other possibilities. Tho we cannot foresee the real future of bitcoin. One cannot say if a system is bulletproof if he doesn't find all its faults first, which we haven't found so far.
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November 13, 2019, 09:26:11 PM
 #203

From my last post about Bitcoin investment,  following the valuable contributions of members of the forum,  I learnt that Bitcoin investment is not just something that blossoms in a few days,  rather it takes patience.

 That gave rise to my new topic.
Bitcoin isn't just an investment, but it is the future...

 Let's all share our thoughts about this, in order to encourage ourselves and build a stronger community of users.

If you consider Bitcoin as an asset, then it will grow and gain value in the future. However, many people love Bitcoin not for profit, people value Bitcoin as a tool to combat centralization, think about it
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November 13, 2019, 09:51:29 PM
 #204

Thinking small, of course in such case Bitcoin is just an investment and the resource of getting profit. But thinking more widely we can see that our century brought some new way of thinking and cooperations with each other, new type of making profit and investments. And everything is made via new technologies that in some years will be like plastic money cards and smartphones. Nowadays it looks like something quite different but after some time it will be like some ordinary thing that we used to. And it is great in my opinion.

Bitcoin has created a new model of human interaction and it is really cool. This is unrealistic progress for some 10 years.
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November 13, 2019, 09:59:19 PM
 #205

As the OP said, bitcoin it's more than being an investment, it's also can be used as an international crypto in the whole world in the future, as we know now that most of people around the world using the internet and they want like fast transactions using cryptos instead of paying using credit cards or PayPal, I think it's easier and also more safe and secure.
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November 13, 2019, 10:49:51 PM
 #206

As the OP said, bitcoin it's more than being an investment, it's also can be used as an international crypto in the whole world in the future, as we know now that most of people around the world using the internet and they want like fast transactions using cryptos instead of paying using credit cards or PayPal, I think it's easier and also more safe and secure.


That is why it's important to learn other applications in bitcoin and blockchain because we can do a lot of things on it. It's very useful in our society and I'm trusting blockchain that it will be the future of technology. I've already started learning the blockchain and its application, it's a good thing to learn and we can formulate a lot of applications through a lot of concepts and ideas.

Bitcoin will not typically stay as for transactions only, it will be a worldwide asset soon used for everything.

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BeManga
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November 13, 2019, 11:24:53 PM
 #207

From my last post about Bitcoin investment,  following the valuable contributions of members of the forum,  I learnt that Bitcoin investment is not just something that blossoms in a few days,  rather it takes patience.

 That gave rise to my new topic.
Bitcoin isn't just an investment, but it is the future...

 Let's all share our thoughts about this, in order to encourage ourselves and build a stronger community of users.
agreed in my own experience in bitcoin you really need a lot of patience and it is possible that bitcoin will be the future of money






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Velkro
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November 13, 2019, 11:34:55 PM
 #208

Bitcoin isn't just an investment, but it is the future...

 Let's all share our thoughts about this, in order to encourage ourselves and build a stronger community of users.
Agree but i would like that you elaborate on this topic more.
It is future, universal and global store of value but will it succeed long term? I think it will, but only future will show that

About community, building strong community is important, but is hard and demand a lot of work from members of this community. To help others, to build services for them.
mindrust
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November 13, 2019, 11:43:33 PM
 #209

From my last post about Bitcoin investment,  following the valuable contributions of members of the forum,  I learnt that Bitcoin investment is not just something that blossoms in a few days,  rather it takes patience.

 That gave rise to my new topic.
Bitcoin isn't just an investment, but it is the future...

 Let's all share our thoughts about this, in order to encourage ourselves and build a stronger community of users.

If you consider Bitcoin as an asset, then it will grow and gain value in the future. However, many people love Bitcoin not for profit, people value Bitcoin as a tool to combat centralization, think about it

Why not both?

Bitcoin is both of these you mentioned, store of value and currency. Some people may use it as a currency and some other may just prefer to hodl and see it as an investment. The problem with FIAT is, it urges you to spend spend and spend. It is never good as a store of value in the long term. Bitcoin gives you both. Even Gold cannot give you both but bitcoin do.

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bxipp
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November 14, 2019, 02:53:58 AM
 #210

From my last post about Bitcoin investment,  following the valuable contributions of members of the forum,  I learnt that Bitcoin investment is not just something that blossoms in a few days,  rather it takes patience.

 That gave rise to my new topic.
Bitcoin isn't just an investment, but it is the future...

 Let's all share our thoughts about this, in order to encourage ourselves and build a stronger community of users.

If you consider Bitcoin as an asset, then it will grow and gain value in the future. However, many people love Bitcoin not for profit, people value Bitcoin as a tool to combat centralization, think about it

Why not both?

Bitcoin is both of these you mentioned, store of value and currency. Some people may use it as a currency and some other may just prefer to hodl and see it as an investment. The problem with FIAT is, it urges you to spend spend and spend. It is never good as a store of value in the long term. Bitcoin gives you both. Even Gold cannot give you both but bitcoin do.

I do agree about fiat. When you hold fiat you will have to spend it but with bitcoin you can hodl it and spend it cause with bitcoin the value might be grow much more from the current value and it also good for the investment in a long term. Which many agree that bitcoin is a very good coin to keep hodl on. For me it is the future of my investment..which i do believe it will rising.
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November 14, 2019, 03:45:56 AM
 #211

Exactly, BTC is not just a means to trade and invest. It offers a bright future with a lot of its services and technologies! The developing world, trading globally everywhere is not too difficult for BTC, it happens quickly and safely!

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November 14, 2019, 11:33:19 AM
 #212

All new technologies are rarely welcome in the start and same happened with BTC. The pace with which BTC is adopted around the world is good and very soon we will see mass adoption of BTC. BTC is a reality and everyone has to accept it one day. The sooner you realize that better it is for you.

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November 14, 2019, 11:55:11 AM
 #213

Thinking small, of course in such case Bitcoin is just an investment and the resource of getting profit. But thinking more widely we can see that our century brought some new way of thinking and cooperations with each other, new type of making profit and investments. And everything is made via new technologies that in some years will be like plastic money cards and smartphones. Nowadays it looks like something quite different but after some time it will be like some ordinary thing that we used to. And it is great in my opinion.
investment for the future that does the bitcoin is all about, we can say that our technology now are fast pace, we need to go with the flow of it in order for us not to left behind, as soon as people uses this digital currency I can say that bitcoin is the future, future investment with high demand and value and our future.
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November 14, 2019, 12:51:48 PM
 #214

Great mindset mate, I really like how people are realizing that BTC isn't another get rich scheme, but it instead does take time and is more about the technology and motives behind it than just making money.

People will need to start looking at cryptocurrencies as not a get rich scheme, or another "bubble" in the tech industry but realize that the technology is going to be incredibly useful for our society in the future.

Bitcoin is a revolution against governement banks and system and will be mainstream in maximum 10 years, we need to protect bitcoin network and mine it with free energy like magnet permanent generator and solar system, we are all here for something and protect our freedom, bitcoin is a revolution against who are manipulating world in bad against humanity, protect our futur and fight them with mining and explaining what is bitcoin not only his % of gains against fiat system in only 10 years but what is bitcoin and what he fight against.
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November 14, 2019, 01:28:07 PM
 #215

From my last post about Bitcoin investment,  following the valuable contributions of members of the forum,  I learnt that Bitcoin investment is not just something that blossoms in a few days,  rather it takes patience.

 That gave rise to my new topic.
Bitcoin isn't just an investment, but it is the future...

 Let's all share our thoughts about this, in order to encourage ourselves and build a stronger community of users.
bitcoin does exist for the future, bitcoin is 10 years now so it hasn't really died yet, honestly i'm concerned that many people hold bitcoin in their wallets but they don't introduce bitcoin to people around it, i think bitcoin will get a lot of adoptions if bitcoin continues being introduced in public spaces or people closest to you, so don't expect bitcoin to be the future if the above is not done and holding bitcoin in the bag won't help anything

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November 14, 2019, 02:32:15 PM
 #216

From my last post about Bitcoin investment,  following the valuable contributions of members of the forum,  I learnt that Bitcoin investment is not just something that blossoms in a few days,  rather it takes patience.

 That gave rise to my new topic.
Bitcoin isn't just an investment, but it is the future...

 Let's all share our thoughts about this, in order to encourage ourselves and build a stronger community of users.
Everyone talks about the future, but no one for a moment imagines this future.Since you have created this topic, I would like to hear Your thoughts.What future do You imagine?
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November 14, 2019, 02:52:03 PM
 #217

From my last post about Bitcoin investment,  following the valuable contributions of members of the forum,  I learnt that Bitcoin investment is not just something that blossoms in a few days,  rather it takes patience.

 That gave rise to my new topic.
Bitcoin isn't just an investment, but it is the future...

 Let's all share our thoughts about this, in order to encourage ourselves and build a stronger community of users.
bitcoin does exist for the future, bitcoin is 10 years now so it hasn't really died yet, honestly i'm concerned that many people hold bitcoin in their wallets but they don't introduce bitcoin to people around it, i think bitcoin will get a lot of adoptions if bitcoin continues being introduced in public spaces or people closest to you, so don't expect bitcoin to be the future if the above is not done and holding bitcoin in the bag won't help anything

We are already aware that Bitcoin is the future currency, not only in Bitcoin but also all other cryptocurrency, and because of this fact people begun to invest in the crypto world especially in Bitcoin as they know that the value of this will eventually go up beyond our expectation especially now that we know that the adoption is there.
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November 14, 2019, 04:46:32 PM
 #218

From my last post about Bitcoin investment,  following the valuable contributions of members of the forum,  I learnt that Bitcoin investment is not just something that blossoms in a few days,  rather it takes patience.

 That gave rise to my new topic.
Bitcoin isn't just an investment, but it is the future...

 Let's all share our thoughts about this, in order to encourage ourselves and build a stronger community of users.
bitcoin does exist for the future, bitcoin is 10 years now so it hasn't really died yet, honestly i'm concerned that many people hold bitcoin in their wallets but they don't introduce bitcoin to people around it, i think bitcoin will get a lot of adoptions if bitcoin continues being introduced in public spaces or people closest to you, so don't expect bitcoin to be the future if the above is not done and holding bitcoin in the bag won't help anything

We are already aware that Bitcoin is the future currency, not only in Bitcoin but also all other cryptocurrency, and because of this fact people begun to invest in the crypto world especially in Bitcoin as they know that the value of this will eventually go up beyond our expectation especially now that we know that the adoption is there.

We cant say that for sure because I heard a lot of her says that Facebook Libra will have a mass adoption by storm and when that happens then it could be that it will greatly affect bitcoin’s price but on the bright side bitcoin was here first and stayed long so I guess it will stand it’s ground and prove everyone wrong.
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November 14, 2019, 06:06:09 PM
 #219

From my last post about Bitcoin investment,  following the valuable contributions of members of the forum,  I learnt that Bitcoin investment is not just something that blossoms in a few days,  rather it takes patience.

 That gave rise to my new topic.
Bitcoin isn't just an investment, but it is the future...

 Let's all share our thoughts about this, in order to encourage ourselves and build a stronger community of users.

Bitcoin gives faster and hassle free transactions compare to remittances and banks
that is why it will be a helpful factor in our fast growing technology.

FrankNoland
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November 15, 2019, 12:24:32 PM
 #220

I am not opposing you, but i think we probably should not be too optimistic about the future since we don't what is has for us. Facing reality, Bitcoin is just an investment, nothing or less, let's look at bitcoin in both sides, the good and the bad. Do you think that all the people who bought bitcoin at its all time high($19 000-$20 000) feel the same now?
I get the impression that you just anticipating $1mil per BTC exchange rate. You will be surprised by how things can always change and the future ofcourse.
if you think that bitcoin is just an investment, it seems like you don't know much about the technology in it. blockchain technology is currently pretty much in demand in education, I found the concept of learning in udacity. You should find out about blockchain technology and rethink your current opinion
I can assure that I understand how blockchain technology works, I have been involved in this industry for over 4years now, I am a known trader and crypto enthusiast, I might not know all about it and the recent integrations, I am just saying that we shouldn't be too optimistic about the future, Bitcoin was previously anticipated to be trading around $50- $100 000 around this time by known crypto analysts, and we where we are at now; $8600 today.

Digital asset exchange for settlement, clearing, custody and trading of various digital assets, utilizing distributed ledger technologies, programmed on the blockchain -https://bex.global
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