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Author Topic: Crypto and btc evolution. Support zone, supply and demand.  (Read 167 times)
mindcntrol (OP)
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May 16, 2020, 10:41:27 AM
 #1

I think, crypto is gonna be successful, why? Cause computers era just began. Cause is cheaper and faster than money, being similar sure and supply stablished, which means inflation can come by price but not by ammount of btc.

Also, 20 years ago was imposible to order dinner by net. Now its quite easy (QUITE, wich means in future probably will be more).

All the moneys since the egipts has been replaced by something more accepted, more sure, and less fee. I think in the next 30 years we will se lot of countryies using crypto. It just come to stay, and thats more late than soon that btc will become very powerfull, as a storage of value.

Probably its just the beguin of btc. And it will go low as a speculation and non utility thing (for legal stuff) as it is right now. Rmember is not on the 10500 range yet. So get ready for bearish. Soon or late.

 But if we keep on the internet era, wich only starts 25 or 30 years ago, is evident that in 30-40 years, sending  value will be much easier, and it will be accepted to keep your value on crypto. Probably governements will use that at somepoint...so bitcoin is not the iminent future, but crypto it is. and thats why btc can become virtual gold on the next years. Just when people trust enought and as i sayd, price gets a support zone on 10500.
Coment and criticise me.please, just a newbie here.
The Cryptovator
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May 16, 2020, 10:58:18 AM
 #2

I am not criticising but really it's very hard to understand that what you want to explain exactly. Likely you are unable to explain correctly or I am missing something. We don't know even bitcoin will exist after 40 years or not, but likely crypto-currency will remain as it is. Because some countries wondering to create their own crypto-currency like China. Perhaps more advanced technology will be added on the future which would lead crypto-currency to a new stage. So many thing would change after 40 years and we can't imagine it now. Like bitcoin wasn't exist before 20 years and no one imagined that as well. Anyway I am positive with bitcoin future.

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crypto1010
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May 18, 2020, 10:33:34 PM
 #3

I truly agree that we're still very early considering that we've been here for several years now, but at this point, we're still considered as early birds in the space.

Why? Because people who are only open minded are going in crypto, especially with businesses and big corporations. There's a blockchain that is unlocking business transactions which seeks to capture all of the business transactions that could benefit from blockchain technology. More business today is not being done due to high cost, and a lack of trust in counterparties.
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May 18, 2020, 11:03:11 PM
 #4

I think there's no model that will fit bitcoin's price in the next coming years, it could be $1 million or $1. The market is fairly young, data sets to used to predict the future as compare to traditional market like stocks. Even those so-called experts can be wrong, what they are doing is making a wild and educated guess. So it is better to really see it mature first in the next 10 years, remember that bitcoin is a speculative asset and everything is base on supply and demand. So obviously when the demand skyrocketed then the price will increase X fold.

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May 18, 2020, 11:06:35 PM
 #5


 But if we keep on the internet era, wich only starts 25 or 30 years ago, is evident that in 30-40 years, sending  value will be much easier, and it will be accepted to keep your value on crypto. Probably governements will use that at somepoint...so bitcoin is not the iminent future, but crypto it is. and thats why btc can become virtual gold on the next years. Just when people trust enought and as i sayd, price gets a support zone on 10500.
Coment and criticise me.please, just a newbie here.

Nobody knows shit about what is going to happen.

Bitcoin is an amazing and revolutionary idea. however, we don't know how will the world and the internet evolve.

Don't you remember dotcom bubble?
America Online, Netscape Navigator, Altavista, so many great projects just **poof** gone.

I strongly believe bitcoin is the future not only of internet payments, but the future of many other things that we can't even realize now. But, I can be wrong, nobody knows...

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Sadlife
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May 18, 2020, 11:49:28 PM
 #6

Not only that it's faster and cheaper than most assets. It is also an alternative to the monetary system that is fundamentally flawed and corrupt with all the liquid injection and quantitative easing they're stealing value from already in circulation units and using it to buy treasure's and corporate debts. That's the biggest criminal act unnoticed by the majority, i think its only a matter of time until investors losses trust in stocks and fiat and Bitcoin will serve as an alternative.

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TalkStar
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May 19, 2020, 12:05:33 AM
 #7

Also, 20 years ago was imposible to order dinner by net. Now its quite easy (QUITE, wich means in future probably will be more).
We are living in a modern world where people are widely interested on online related shopping, banking, mobile banking, ticket booking and many more activities. Its because people have less time on their hand due to heavy workloads and thats why everyone wants to complete all necessary tasks without spending much time and hassle.

Nowadays online marketplaces have already been so popular due to fast delivery and wide range of products. So its easy to say that in upcoming days people will heavily connect them with online marketplaces and all other activities too.        



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