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Author Topic: Bitcoin isn't just an investment, it is the future  (Read 2200 times)
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November 02, 2019, 02:40:51 PM
 #181

Come to think of it, I don't really think bitcoin is the future. Blockchain technology is rather the future and cryptocurrency is an aspect of the future but not the main future of the financial ecosystem.  Blockchain technology is the future of the financial ecosystem since it has introduced decentralization to the financial space. Cryptocurrency on the other hand is the element needed for a decentralized financial ecosystem. Bitcoin is just an element of the future but not the future...
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November 02, 2019, 03:07:25 PM
 #182

Come to think of it, I don't really think bitcoin is the future. Blockchain technology is rather the future and cryptocurrency is an aspect of the future but not the main future of the financial ecosystem.  Blockchain technology is the future of the financial ecosystem since it has introduced decentralization to the financial space. Cryptocurrency on the other hand is the element needed for a decentralized financial ecosystem. Bitcoin is just an element of the future but not the future...

Agreed, blockchain is a fascinating and extremely useful technology, of which we haven't even begun exploring the full capabilities. I strongly believe it's here to stay.
Bitcoin (or any other cryptocurrency on the other hand) is just 1 use of this technology, and even though I am very much a cryptocurrency fanatic, I am less certain of its future than that of the blockchain's. But who knows, maybe we will all use Bitcoin in the future and no other coin will exist. I definitely wouldn't mind  Grin
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November 02, 2019, 03:41:46 PM
 #183

Bitcoin is not really an invesment, it is designed for us to have instant transaction with low fee. It is designed so that we can have free transactions without anyone knowing who we are. But due to its rising prices and volotile prices, it has become something like the Invesment.

So now that many people have invested in bitcoin and have never seen its true use, it is possible that there are new coins that are better than bitcoin in real use like XRP.
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November 02, 2019, 03:51:22 PM
 #184

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.

Many people are coming here because of the attraction in the profit, that they are going to get from hodling Bitcoin but after they got in they should realize and study the technology behind Bitcoin and what it will contribute to humanity now and in the future, it's ok to invite people and use the word profit, but he should educate them how this technology works, people cannot go on holding and using Bitcoin because of the profit only they have an obligation to use it as payment because it is created to be that way.

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November 12, 2019, 01:15:25 PM
 #185

slowly but surely bitcoin will kill the world of conventional banks.
inevitably conventional banks will use the blockchain system in their banking system because conventional bank customer data is still quite vulnerable to hacking.

I don't think that will happen, because the role of the bank is certainly still very much needed, although bitcoin has a good future and has been trusted by many people as a valuable form of investment, but in the future bitcoin will be an alternative tool that can facilitate everyone because along time will certainly be more and more people like the concept of this technology

 
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November 12, 2019, 01:44:43 PM
 #186

slowly but surely bitcoin will kill the world of conventional banks.
inevitably conventional banks will use the blockchain system in their banking system because conventional bank customer data is still quite vulnerable to hacking.

I don't think that will happen, because the role of the bank is certainly still very much needed, although bitcoin has a good future and has been trusted by many people as a valuable form of investment, but in the future bitcoin will be an alternative tool that can facilitate everyone because along time will certainly be more and more people like the concept of this technology
never forget that Bitcoin is a currency so the chance of killing banks is there,maybe not today or tomorrow but it will happen.

what we need in banks that we cannot have in bitcoin?or rather in cryptocurrencies?and never forget that most of us here divert their investments in bitcoin from banks because we are tired of their policies and doings.people need privacy and the power over their own money that is financial freedom and Bitcoin gave us this.

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November 12, 2019, 03:40:06 PM
 #187

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.
It is the future for somebody else but not for all of us here, bitcoin is the future for those who holds bitcoin for a long time and waiting for the right time to sell and to those who is holding huge amount of bitcoin so I think it is not for everybody.
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November 12, 2019, 03:55:45 PM
 #188

Bitcoin is not really an invesment, it is designed for us to have instant transaction with low fee. It is designed so that we can have free transactions without anyone knowing who we are. But due to its rising prices and volotile prices, it has become something like the Invesment.

So now that many people have invested in bitcoin and have never seen its true use, it is possible that there are new coins that are better than bitcoin in real use like XRP.
Actually, the bitcoin transaction is slow, and the fee is a little bit higher. Compared to some real-life currency, that has no fee at all doing microtransaction and personal transactions. Like it or hate it, bitcoin is a type of investment just like any other typical investment. But the twist here is. Bitcoin is upgraded and the best to all of the types of investment because bitcoin volatility gives traders a lot of profit. Imagine in stock, it takes years to achieve a 10% increase in price. Still, in bitcoin and any other cryptocurrency, it only takes hours or days to achieve that. Bitcoin is the future regarding the investment perspective. Yet, it's not a suitable medium of exchange. Maybe there's a future coin/crypto that will be created. That will cover all the essentials to become the best cryptocurrency. And as the best medium of exchange that will be suitable for all of us. but for now, I think that will not be Bitcoin

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November 12, 2019, 04:07:15 PM
 #189

This is all about feeling and thinking, that is, if you think that bitcoin will remain the strongest crypto invest, if you think it will not remain so strong, do not invest.
In my opinion, this is the future, because it has gone into wallets around the world, and that it will replace paper money, I must also point out that bitcoin is not clone even after the fall of 2017, so I think that bitcoin has a bright future.
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November 12, 2019, 04:16:59 PM
 #190

Blockchain is the ultimate future. Secure, decentralized system, is being adopted in every aspect of our daily life. And it is already a great success. Bitcoin is the pioneer example and every single satoshi will be expensive if we can increase the usage of cryptos. As the supply will be fixed, price will grow eventually. Yes, crypto is pretty expensive asset at the same time dobt forget about volatility and risks.
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November 12, 2019, 06:43:51 PM
 #191

slowly but surely bitcoin will kill the world of conventional banks.
inevitably conventional banks will use the blockchain system in their banking system because conventional bank customer data is still quite vulnerable to hacking.

I don't think that will happen, because the role of the bank is certainly still very much needed, although bitcoin has a good future and has been trusted by many people as a valuable form of investment, but in the future bitcoin will be an alternative tool that can facilitate everyone because along time will certainly be more and more people like the concept of this technology
never forget that Bitcoin is a currency so the chance of killing banks is there,maybe not today or tomorrow but it will happen.

what we need in banks that we cannot have in bitcoin?or rather in cryptocurrencies?and never forget that most of us here divert their investments in bitcoin from banks because we are tired of their policies and doings.people need privacy and the power over their own money that is financial freedom and Bitcoin gave us this.
wrong logic , bitcoin and banks will not kill each other existence.

banks could just be there alongside bitcoin , it is not disruptive at all. people are not ready yet to go 100% decentralized , things are still required some institutions to protect them in centralized ways as they are not get used to it.
the real financial freedom let you do like make a transaction under no regulation but you are the only one who responsible on it, are you ready for that? i don't think so. until that moment bank will always there to stay.

the bitcoin currency system is not fit yet to the current situation where people will not accept a currency with high volatility up and down in price, nearly impossible to implement it now.
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November 12, 2019, 07:15:57 PM
 #192

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.

I think that first of all all members of the community need to think about the main idea and technology on which everything is built, and not about their own benefit. We are all doing a great job that has already begun to change the world, but it will take many more years for complete change. Blockchain is slowly but surely penetrating our life deeper and deeper every day. Based on the blockchain, other, more advanced technologies will appear.
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November 13, 2019, 08:36:11 AM
 #193

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.

Agree.. There are a lot of room left to see about what is going to happen in crypto market. Bitcoin dominance is indeed high right now, but there are also a lot of interesting projects on the move, like https://zoobc.com/ with their amazing vision. For now, isn't about making the technology something worthwhile? By the way, in case you're interested to the ZooBC project i linked above, please join the forum https://zoobc.org/ and participate on the discussion Cheesy
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November 13, 2019, 10:01:46 AM
 #194


Bitcoin isn't just an investment, but it is the future..
This line is the reason I haven't stopped being interested in Bitcoin. From my rely days as a Bitcoin investor and trader, I have made quite a number of losses that would have made me stop everything about bitcoin. But I began to see bitcoin as more than just an investment and began seeing it as the future of money.
Seeing what bitcoin and other cryptocurrencies can do, its evident that this will be the future of money as the world has been on a constant shift from traditional methods to digital methods. Payment systems won't be left out of this transition and Bitcoin  is at the forefront of this movement.

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November 13, 2019, 11:13:06 AM
 #195

This is the future if the world changes with bitcoin and Vice versa, otherwise nothing will come out.
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November 13, 2019, 12:09:25 PM
 #196

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.

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November 13, 2019, 12:20:46 PM
 #197

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

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Zack Wilberg
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November 13, 2019, 12:30:56 PM
 #198

Bitcoin is the future no doubt, I believe it has come to stay. As it has been accepted by so many countries already, And using it to process real time transactions. But I believe bitcoin is also a good investment, This applies to both long and short term holders. I invested approximately $25,000 worth of BTC on BItflash.eu and i earn 10% every week.
qwertyup23
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November 13, 2019, 07:02:00 PM
 #199

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.

Unfortunately, most people disregard the actual potential of Bitcoin as they focus more on its face-value rather than the technology behind it- which is the blockchain technology. You are right, we are actually investing for the future of transactions and the price is just incidental to it (treat it as a compensation/reward).

Think of it this way, if the blockchain technology were to be implemented in our transactions, this would eliminate the need for a third-party in handling it and every information is reflected in a public ledger, accessible in the internet.

R


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LLBIT
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FUTURES
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LEVERAGE
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EXECUTION
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milani
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November 13, 2019, 07:39:32 PM
 #200

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.
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