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Getmon
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January 24, 2020, 03:45:10 AM
 #21

When it comes to investment it is always our job as an investor to do our own research before putting anything.
And about the Bitcoin security it would also depend on us in where we would keep it.
But to be honest we couldn't really tell what would happen to Bitcoin in the future,
There might be a new crypto that could replace it or overtake it's place someday.

Besides, it's our money that we will put at risk if we will not do research in due diligence, means, we don't value our money and we are just taking it for granted and don't want success and change in our life. Yes, crypto is the future and we all know that, but it is so important that we are doing things that will make ourself proud by investing in a real project.

And the research should not only be about how much money you will possibly make, when to buy with the best price, at what price to dump, and the like. The research should also be more focused on what Bitcoin is really offering the market aside from the investment gain one can take from it.

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January 24, 2020, 04:18:38 AM
 #22

The future of bitcoin is determined by the behavior of users in this ecosystem. No matter how good the technology and benefits offered, it won't work perfectly if there are still conflicts between users. Greed in the market always takes advantage of the fear carried out by other users, where this can make prices often meet a point of uncertainty. Whether bitcoin will become a single currency in the world of us all is also uncertain, but clearly there is potential for it. I hope that bitcoin in the next few years can improve the social and economic disparities that occur around us.

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January 24, 2020, 04:39:13 AM
 #23

Investing in Bitcoin is profitable as well as it is risky too if you don't have trading/speculating skill.
There are many people who lost both of their profit and investment for lacking of skill.
My opinion for new comer, don't invest in any alt just seeing only bump and dump,
before investing in any coin look at the market volume, total supply, popularity, exchange rate and previous history.

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January 24, 2020, 05:07:42 AM
 #24

One world currency is not a small thing, Already Bitcoin has got the attention of the mass people but literally, it's failed to reach every corner of this digital world, Virtually it's popular but in generally Bitcoin is being used a limited number of people in many countries, it's not a satisfying scenario after completing 10 years, Yeah, 10 years is a huge time. but the thing is being changed because people's perception has been changed in recent time, without the mass people contribution, this platform will not go far, so Bitcoin or cryptocurrency education is very essential to me, I think only bitcoin education could gain the mass people's credibility. it's the only way to make more flourish around the world.

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January 24, 2020, 05:24:14 AM
 #25

Take note: If you are going to invest in bitcoin, you must first have a knowledge about what is bitcoin so that you know what will happen to your money if you are going to invest into it. You must be mindful on every move that you are going to do since it has a high risk. Meaning, it is all or nothing. So you better have a knowledge about it first before investing to avoid the lose of money.

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January 24, 2020, 07:32:02 AM
 #26

The thinking of new peoples who wants to invest in coins, they first of all want to know the benefits, security, alternatives and effect of invest in their lives.

Several of peoples doesn’t have enough knowledge of coins who are in already in market, some of coins are includes in this time.

There are several things that might be known for make invest for make batter future of their family:


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in the era of advanced technology like now, bitcoin is very good to be adopted because bitcoin is defined as an excellent digital asset as a means of payment and investment, but if you want to be a world currency I think bitcoin cannot be because if we look at bitcoin it can only fulfill parts from the Fiat currency function is as a means of payment.
Bitcoin is just an exchange and payment instruments such as gold and diamonds.

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January 24, 2020, 11:20:55 AM
 #27

For those who want to start their journey in investment and their choice is bitcoin, they have to weigh first the risk and understand what bitcoin is like.
Talking about security, there's no need to think of the network's security. What an investor has to look at is on how they will keep their bitcoins safe and it depends on how they will keep it.


I think considering if bitcoin is a good choice for investment might be a medium of procrastination. Every aspect of life has it own risk. So, investing in bitcoin won't be all there is to risk
Yes, the risk is there. A a matter of fact I'm telling them to consider it first if bitcoin as an investment suits their taste when it comes to investments. We don't have similarities of risk-taking attitude that's why they need to look into that matter. But for someone like me that already understands it and aware of the risks that it has, I'm very happy to have it as an investment and medium of payment.

 
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ice098
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January 24, 2020, 05:16:50 PM
 #28

For those who want to start their journey in investment and their choice is bitcoin, they have to weigh first the risk and understand what bitcoin is like.
Talking about security, there's no need to think of the network's security. What an investor has to look at is on how they will keep their bitcoins safe and it depends on how they will keep it.


I think considering if bitcoin is a good choice for investment might be a medium of procrastination. Every aspect of life has it own risk. So, investing in bitcoin won't be all there is to risk
Yes, the risk is there. A a matter of fact I'm telling them to consider it first if bitcoin as an investment suits their taste when it comes to investments. We don't have similarities of risk-taking attitude that's why they need to look into that matter. But for someone like me that already understands it and aware of the risks that it has, I'm very happy to have it as an investment and medium of payment.
Yes, the risk factor varies from person to person depending on their ability to deal with it. It would not be a happy experience for one who do not have much knowledge about the market, just entered on someone’s suggestion and now don’t know about how to handle that. Involve yourself in the matters that you know and refrain from taking risks if you don’t know.
Yes you have points but dont be one sided. The risks are everywhere and nobody where or when the crimes will occur and it also dont depend from person to person because even those people who are staying here for how many years can still be involve in scamming schemes. Always remember that negligence will put us in danger so always be aware and stay alert.
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January 24, 2020, 05:19:21 PM
 #29

I think in the future bitcoin will achieve success and the world will recognize bitcoin, people are having a better view of bitcoin and cryptocurrencies.
We enter 2020 with a lot of volatility in the world, tensions in the Middle East and diseases in China that make people look for an alternative currency and bitcoin has proved that it is a great choice.


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January 24, 2020, 05:33:54 PM
 #30

Yes, bitcoin is the only currency can Fulfill the world's financial needs. Volatility will decrease over time as the market matures. Market maturing meaning the price will be many times what it is today as user adoption grows exponentially over the next 10 years. Lightning Network will be used for daily payments and will be used like Android Pay and Apple Pay are used today. It will probably take a decade from say 2020 to 2030 for usage of Bitcoin as a payment medium to become a pretty mainstream thing.

First and foremost, i don't really think bitcoin is the only currency that can fulfill the financial needs of the world. Blockchain technology is the technology that will revolutionize the world and bitcoin is just a digital currency that gives people the financial freedom in terms of making transactions without having limitations. Bitcoin does not really address an financial problem in terms of economy crisis...
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January 24, 2020, 05:56:58 PM
 #31

Bitcoin future is safe till reach the whole number of mining.Bitcoin will be mined till 2040 and its a long process there will many developments will take place.Its also possible another coin may be alternative for Bitcoin but still Bitcoin is king of cryptomarket.Bitcoin is popular because of its volatility which give profit to traders and the investors and this is reason people attract from Bitcoin and the users of Bitcoin increases.

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January 24, 2020, 06:01:55 PM
 #32

Take note: If you are going to invest in bitcoin, you must first have a knowledge about what is bitcoin so that you know what will happen to your money if you are going to invest into it. You must be mindful on every move that you are going to do since it has a high risk. Meaning, it is all or nothing. So you better have a knowledge about it first before investing to avoid the lose of money.
Exactly, people who are trying to invest in bitcoin, they need to have some knowledge about it before doing that, I mean it's probably risky for them to invest in the wrong time and also they need to know a lot of stuffs regarding it.
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January 24, 2020, 09:55:01 PM
 #33

Yes, the risk is there. A a matter of fact I'm telling them to consider it first if bitcoin as an investment suits their taste when it comes to investments. We don't have similarities of risk-taking attitude that's why they need to look into that matter. But for someone like me that already understands it and aware of the risks that it has, I'm very happy to have it as an investment and medium of payment.
Yes, the risk factor varies from person to person depending on their ability to deal with it. It would not be a happy experience for one who do not have much knowledge about the market, just entered on someone’s suggestion and now don’t know about how to handle that. Involve yourself in the matters that you know and refrain from taking risks if you don’t know.
That's a hype basis kind of investment if a person invested because someone suggested it without further study. This actually happened a few years ago when we're on the all-time high moments. A lot of people invested due to the emotions that they feel and the need to invest because they were in FOMO stage. And the results, yes, we knew what happened next.

 
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January 24, 2020, 10:14:49 PM
 #34

"Even with the dreary winter weather approaching, the outlook remains sunny for crypto enthusiasts. The view on the international markets reveals a rallying of prices and greater acceptance among traditional banks.

For starters, Bitcoin recently recovered its value after a sharp drop. The price of the popular cryptocurrency reached its high of $7,870 on Friday, before settling in the $7,200-7,500 range. Bitcoin futures also continue to grow in popularity. According to Skew portal, the total trading volume in bitcoin futures markets reached $5 billion per day.

Top banks in Germany and Japan welcome cryptocurrency

More positive news came from Germany, the European Union’s economic powerhouse. The German Parliament passed a law allowing financial institutions to purchase, sell and keep bitcoins and other cryptocurrencies. These new regulations came into effect on January 1st, 2020. With German banks on board, the new decade will be a good one for crypto traders.

Meanwhile, in Japan, the Mitsubishi UFJ Financial Group (MUFG) is set to co-launch a “digital currency” and mobile payment service in conjunction with the Japanese human resources network, Recruit. MUFG is one of Japan’s largest companies and the world’s fifth largest bank per S&P Global.

Beat the banks with the best way to exchange crypto

The cooperation of banks shows how crypto and fiat currencies are building closer relationships. Crypto traders want to be able to make fast and fair exchanges between cryptocurrencies like Bitcoin and fiats like dollars or euros.

The best way to make these exchanges are through a trusted crypto exchange platform like StormGain. Thanks to an agreement with the international payment processing company Simplex, StormGain users can safely buy most popular cryptocurrencies with a regular bank card. In addition, StormGain offers low and transparent exchange rates and 24/7 liquidity on all assets, so users can expect fair rates and fast transfers at any time of day.

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April 21, 2020, 01:33:17 PM
 #35

Indeed, bitcoin is that the main money can Fulfill the world's monetary needs. Unpredictability will diminish after a while because the market develops. Market developing significance the value are going to be ordinarily what it's today as client appropriation becomes exponentially throughout the subsequent 10 years. Lightning Network are going to be utilized for day by day installments and can be utilized like Android Pay and Apple Pay are utilized today. it'll presumably take 10 years from express 2020 to 2030 to be used of Bitcoin as an installment medium to show into a reasonably standard thing.
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April 21, 2020, 04:14:37 PM
 #36

Seeing at the function of bitcoin now is far from the function of money fiat, this is in my perspective side who lives in the country that only use bitcoin as an investment place (government regulation).

I can't imagine if there is someone in my country who use bitcoin like money fiat maybe he will be jailed immediately. Most of bitcoin user only choose bitcoin as an investment place and side income as well.

Maybe it is just because the utilization of money fiat is still being used by most people. They haven't known the another bitcoin function and some features which takes by bitcoin. So, I only see bitcoin in the future will be like new stock market so as everyone can uses it as an income.
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April 21, 2020, 04:24:09 PM
 #37

The thinking of new peoples who wants to invest in coins, they first of all want to know the benefits, security, alternatives and effect of invest in their lives.

Several of peoples doesn’t have enough knowledge of coins who are in already in market, some of coins are includes in this time.

There are several things that might be known for make invest for make batter future of their family:
   #Great Security
   #High risk=high benefits
   #future primary money or alternative?
   #One world currency
   #It will be legitimate tool to whole world
   #affect to democratic country’s economy?


I think this is very true. Maximum of our investors come here to invest instantly and think they will also take their benefit instantly. As a result they lose. So what of that business impact? Impact is cryptocurrency is bad, nasty...etc. Actually investor must have to proper knowledge in which coin he going to invest, what is its roadmap, how many tokens in market, what their portfolio etc.
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April 22, 2020, 05:50:33 AM
Last edit: April 22, 2020, 06:59:52 AM by Lorence.xD
 #38

The reason that people are not willing to invest their future in bitcoin is a simple reason that they can't afford the price. If you are to invest in bitcoin without an emergency fund and you are investing money that you will need then in no time you will withdraw it back. The other reason would be the xenophobia of people when exploring new things, remember when they believed that it will not go from 1 dollar, how about the time when they believe the bubble will burst?
The thing to do right now is to trust and have faith that bitcoin will grow further and build a better future. The hype was real and people are going to regret when the price strikes an all time high.

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April 22, 2020, 07:18:20 AM
 #39

There are several thread that talks about the Future of Bitcoin but still there is no accurate answers from the thread creator.
Bitcoin has a Future that is what we are sure off but literally ?nope there are no accurate answer so far but i believe that in the next couple of months another High will be reach like what the past halving brings us.
Hopefully with in this 3rd quarter changes will happen.

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April 27, 2020, 08:35:33 PM
 #40

Hello everybody. It is very difficult to imagine what will happen to Bitcoin even tomorrow, and here they talk about the future of Bitcoin. Due to the fact that the computing capabilities of computers are growing at a cosmic pace every year, I'm not sure that Bitcoin has the ability to occupy the forefront in the cryptocurrency community. Even today there are coins that are elementary from a consumer perspective, faster and cheaper to use. If we are talking about the widespread use of cryptocurrency in the future, ease of use is no less important factor. Speaking about cryptocurrency, in general, I think that no one will argue with the fact that over the years, the use of cryptocurrency will be much easier and the primacy in various economic processes will not be disputed.
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