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Author Topic: Bitcoin isn't just an investment, it is the future  (Read 2197 times)
CHRISBIN702
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October 04, 2019, 10:17:45 AM
 #61

How exactly is Bitcoin the future? That's a very ambiguous statement. Could you possibly elaborate a bit on what it is that you meant? Sure Bitcoin will be in the future as it is in the present. Blockchain will also be in the future along with other cryptos too. DLT is in it's earliest stages right now. We've barely scratched the surface.

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October 04, 2019, 10:25:16 AM
 #62

Why have waiting for the future with bitcoin investment if we can get profit in one week or one month, I think is bad ideas waiting for the future when we are looking for profit in front of your eyes, I will take profit as soon possible without care about bitcoin price at the future higher above $100K. Just take profit every time with bitcoin is enough although little.

We cannot buy bitcoin when the price is at the highest price if we only have little money. If we buy at a price now, we can get so many satoshi, and we can hold it for a while so we can have a chance to sell at the highest price. We will not lose the opportunity to have bitcoin at a low price because we already buy it now. Just make sure when you buy bitcoin at the lowest price, so you will not worry if the price is down for more.
You need to have a strong nerve once you bought your Bitcoin and witness another fall you need to hold and not to panic, you are prone of losing your investment if you are not ready to hold for long. Remember that the chance of rising again is very possible, many people already enjoy the long term benefits of this investment currency. Take your long term plan.
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October 04, 2019, 11:09:13 AM
 #63

For me, yes we can say that bitcoin isn't just an investment, and I agree that its the future because bitcoin can be used as a currency even it's digital it's accepted now especially in our state that a vast company announce that they will accept bitcoin as a payment and also they will sell it. This is the future of currency, right? In this era of technology, many ppl or millennial's that like to lessen their works, especially in payment that need to queue for an extended of time.   Smiley
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October 04, 2019, 11:18:47 AM
 #64

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.

Only time will tell. Open-source cryptography is based on one - way mathematical functions-operations that are simply executed. Quantum powerful computing process certainly poses a danger to the privacy of blockchain technology as factorization is the decomposition of a number into Prime factors. Multiplying two Prime numbers is easy, but finding out which Prime factors make up a given number is difficult using powerful classical computers. As for quantum systems, they can break through this barrier
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October 04, 2019, 11:35:10 AM
 #65

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.
Yeah bitcoin is the future. We need to embrace the technology, our technology is fast improving. A virtual currency that can be found in the internet is knows as bitcoin. Most of the countries still does not accept bitcoin but for me they need to, in order for them to go with fast paced technology.
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October 04, 2019, 11:50:39 AM
 #66

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.
Yeah bitcoin is the future. We need to embrace the technology, our technology is fast improving. A virtual currency that can be found in the internet is knows as bitcoin. Most of the countries still does not accept bitcoin but for me they need to, in order for them to go with fast paced technology.
Bitcoin will be more better in the future if the government will start to regulate bitcoin transactions by that more people will start to buy bitcoin and we will be able to use bitcoin to pay our bills and buy all of our necessities. I think Bitcoin will really be the future if that really happens.
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October 04, 2019, 06:38:38 PM
 #67

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.
Yeah bitcoin is the future. We need to embrace the technology, our technology is fast improving. A virtual currency that can be found in the internet is knows as bitcoin. Most of the countries still does not accept bitcoin but for me they need to, in order for them to go with fast paced technology.
Bitcoin will be more better in the future if the government will start to regulate bitcoin transactions by that more people will start to buy bitcoin and we will be able to use bitcoin to pay our bills and buy all of our necessities. I think Bitcoin will really be the future if that really happens.

You guys. Bitcoin is not a technology. Bitcoin is a product of blockchain technology. To say that Bitcoin is the future just doesn't make any sense from a practical point of view. Bitcoin will exist in the future, yes. Bitcoin will be used in the future, yes. But it will not be used as a currency unless Lightning becomes more widely used. Even so, as Bitcoin becomes more obscure and the block rewards dwindle away, the transaction fees will only increase and it will eventually become a store of value or maybe even a standard that other currencies are backed by. Such as SDRs or something more suited to deserve it. So, yes Bitcoin will be part of the future. If that's what you meant to say.

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October 04, 2019, 07:22:53 PM
 #68

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.

What do you mean by saying Bitcoin is the future??  Bitcoin has been around for about 10 years now but almost 90% of people who own bitcoins just see it as an investment entity rather than a peer to peer electric cash.  Blockchain technology is rather the future , not bitcoin  or cryptocurrency in general.
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October 04, 2019, 10:22:56 PM
 #69

If you believe bitcoin is the future, then the right thing to do is to invest on it.
when it will be the future of currency, meaning the demand will increase and that would make us all who invested now successful.

The main reason why people are risking their money on bitcoin is because they see the potential of bitcoin to become more successful in the future.
We are talking about massive adoption here and if that will happen, we will surely enjoy our early retirement.


i do believe that the bitcoin is the future for use why because bitcoin can be use as a universal currency and also anyone can invest,buy sell and hold it . still we need to make some rules for the bitcoin to avoid money laundering and other malicious acts to make the bitcoin a good currency

The government will take care of that, they have already a working rules on Anti Money laundering that they applied in banks and some financial institutions, so as long as they regulate this market, it would be easy for them to implement that.

The risk is high here so it really needs that kind of regulation, money launderers will always find a platform that they can do their activity and crypto is one of the best destination for them. 

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October 04, 2019, 10:28:25 PM
 #70

Something valuable is not created instantly. It requires a process and challenges that must be conquered. In the past, bitcoin was worthless, many underestimated it until there was Pizza day, do you know how much BTC was used to buy a pizza?
Many factors influence, the accompanying technology such as the blockchain is now widely adopted to increase the level of various aspects. Making bitcoin more popular, attracting the attention of many people, so that it develops into an investment as well as a high-value trading commodity. In the future, where the need for speed and security and comfort is needed to cross the various limits of space and time, bitcoin and other altcoins play that role, and that is the future.

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October 04, 2019, 10:42:21 PM
 #71

More or less your right but for now its both. Its an investment that leads to the future , I think this is the best way to classify bitcoin for now. Its and investment because you invest your money and your time in it helping and driving the tech to new feature and its the future because you hold it , use it , spend it , trust it and love it.  Cool

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October 05, 2019, 11:50:11 PM
 #72

Unfortunately, bitcoin is still being seen as an investment instead of what it really is and that is a currency. Too many people see it as a way to make more money or in other words more fiat.
People should be collecting and making more crypto, not fiat. Only convert to fiat when you playing the market and plan to but even more crypto with the price change.

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October 06, 2019, 12:56:10 AM
 #73

A thing of the future if you look at it that way, should be something you must invest on. If you know its potential and foresee its great future, then demand would rise and the next thing you'll see is prices going up. Every new technology that has potential to be used as a revolutionary tech will surely give you profits. I also believe in bitcoins/altcoins future and its capacity to transform modern payment systems.



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October 06, 2019, 01:46:51 AM
 #74

indeed at this time with bitcoin you can do whatever you want because basically bitcoin is not an investment but bitcoin as one of the digital currencies used for transactions and has a very high selling value due to the influence of the total supply in circulation and bitcoin can used to make transactions across countries and only requires internet and an online wallet for bitcoin.

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October 06, 2019, 02:13:55 AM
 #75

If you believe bitcoin is the future, then the right thing to do is to invest on it.
when it will be the future of currency, meaning the demand will increase and that would make us all who invested now successful.

The main reason why people are risking their money on bitcoin is because they see the potential of bitcoin to become more successful in the future.
We are talking about massive adoption here and if that will happen, we will surely enjoy our early retirement.


Very well said, meaning to say, bitcoin's future is entangled with bitcoin investment in such a way that we, investors and cryptocurrency enthusiast are the main formula to the success of bitcoin. Even in a small way such as transacting even a small amount of bitcoin to our friends and colleagues is very important, it induces curiosity and later becomes cryptocurrency adoption. I remember when I send bitcoin to one of my friends in our circle, others becomes fascinated how it works so we all have our own wallet now.
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October 06, 2019, 04:00:21 AM
 #76

It's a good sign that people's perception regarding Bitcoin is getting changed that Bitcoin is not only a profit-making tool, But Most of the people are holding this belief that Bitcoin is just like that and so they are coming to this platform for the short run, It's totally a misleading towards Bitcoin. Of course, Bitcoin is the future and I believe that the Blockchain system along with Bitcoin will dominate in the monetary world for a certain reason. We people and our world are getting dependent on the Internet and networking system so the Blockchain system is becoming a popular day by day, not only that but also Bitcoin and cryptocurrency already have an impact on the virtual world, undoubtedly it's true that Blockchain brought a massive revolution in the trading platform.

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October 06, 2019, 05:27:37 AM
 #77

the world is moving and we are all following as far as technology is concern which means that digital currency would soon take over the money aspect of world by giving a a great chance of asset and investment to poor ones and creating an enable envinroment for everyone with no maginalise but it volatile with only be a situation to bear with.
minersday
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October 06, 2019, 06:41:26 AM
 #78

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 has always been the future of money ever since it was officially introduced to the world. But looking at the bitcoin ecosystem now, Bitcoin is currently more of  an investment entity rather than a digital money.  From the way things are going, bitcoin might be an investment coin for a long time.
7788bitcoin
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October 06, 2019, 09:36:21 AM
 #79

Unfortunately a lot of scams use Bitcoin as a payment option and that gave Bitcoin a bad reputation, so these companies wants to develop their own Blockchain based technologies, which they can control and they think their technologies would replace Bitcoin in the future.
All the scams that ever happened with bitcoin can be tracked down in the future and everyone will be caught. Now we have companies who study the entire transactions carried out in bitcoin and any scam that happens in bitcoin can be isolated and monitored.

Most of these technologies will fail, because they are nothing like Bitcoin. <They are centralized and controlled by a single entity, where Bitcoin is based on a open consensus model.>  Wink
In the next few years we will see many centralized coins coming in the market and majority will fail and people will choose between these centralized coins and decentralized coins in the future.
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October 06, 2019, 09:37:01 AM
 #80

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 has always been the future of money ever since it was officially introduced to the world. But looking at the bitcoin ecosystem now, Bitcoin is currently more of  an investment entity rather than a digital money.  From the way things are going, bitcoin might be an investment coin for a long time.

It is better than investing in stocks, properties, or shares in a company, let's just say bitcoin could really go for a very long run, the more years pass by, the more profits we are getting as the price of bitcoin is continuing to make All time High every year in the future (hope so). It is risky at some point since we can't predict what might happen in the future, I mean there would be only 21,000,000 bitcoin that will going to circulate in the market,

that means bitcoin's price volatility is our biggest enemy here, anything could go wrong anytime because I am sure bitcoin's price would be here forever, time will come that bitcoin's price would be back to zero again, and that is scary because we might still do hodling and we didn't know that the market will just keep on falling.
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