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Author Topic: Bitcoin soon will become a boring investment?  (Read 1016 times)
Lucius
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July 06, 2020, 09:26:10 AM
 #61

DooMAD, somehow it doesn't seem to me that the OP could get involved in the discussion, although I would like to be wrong, but this kind of behavior has become very common on the forum.

I consider threads like this just as weak traps for merits, especially if OP is a bounty hunter (which is a fact in this case).

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July 06, 2020, 03:13:11 PM
 #62

If you feel bored, I guess you should try to invest in Altcoin. Bitcoin is the main coin in the crypto space and if many are investing in Bitcoin, I think it is very positive. You don't have to be bored because Bitcoin keeps growing and until now is still the most valuable coin.

I think you should try something new like investing in Altcoin. Ethereum, Tether, and XRP are coins that are also potentially growing in the future. You can try to invest in this coin or make daily trades that can benefit every day.

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July 06, 2020, 07:45:41 PM
 #63

Allot of people are making investment in Bitcoin, even with the risks involved. Everybody want to own Bitcoin. Many have half or more than half of their portfolio invested in Bitcoin already, This digital currency is becoming  almost common to all, when everyone owns a Bitcoin who then will care about it as it will be as common and a boring investment.

I believe this is a treat in the Bitcoin market value, could this actually bring down the market? Or it is a sign for feature increase in the market? Your thoughts are welcome..
Why would it be boring? even if Bitcoin investment become's common it wouldn't be boring as you said since people would always care about the price and details on what would happen next and what events would occur.
And it wouldn't really bring down the Bitcoin market value why would it even drop when there are many investors who are investing on it and just holding their shares?
Excell110
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July 06, 2020, 07:49:04 PM
 #64

Allot of people are making investment in Bitcoin, even with the risks involved. Everybody want to own Bitcoin. Many have half or more than half of their portfolio invested in Bitcoin already, This digital currency is becoming  almost common to all, when everyone owns a Bitcoin who then will care about it as it will be as common and a boring investment.

I believe this is a treat in the Bitcoin market value, could this actually bring down the market? Or it is a sign for feature increase in the market? Your thoughts are welcome..
It is called adoption and adoption of Bitcoin is not a threat and can never make Bitcoin boring.
 Rather, it will become easier using Bitcoin globally, as it will be recognized and accepted in shops, cafes and other establishments
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July 06, 2020, 07:52:09 PM
 #65

Allot of people are making investment in Bitcoin, even with the risks involved. Everybody want to own Bitcoin. Many have half or more than half of their portfolio invested in Bitcoin already, This digital currency is becoming  almost common to all, when everyone owns a Bitcoin who then will care about it as it will be as common and a boring investment.

I believe this is a treat in the Bitcoin market value, could this actually bring down the market? Or it is a sign for feature increase in the market? Your thoughts are welcome..
Bitcoin had been in existence since 2009 It wasn't as boring even now when many people are eager to own as many portfolio available by accumulating presently there many entrant into crypto world on daily this gonna continue as far as people are still existing in this planet.
This is not going to be boring especially to newbies they will enthusiastically want to feel experience of owning and earning bitcoin thus the market value will continue to grow in leaps and bound.

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July 06, 2020, 08:16:33 PM
 #66

Allot of people are making investment in Bitcoin, even with the risks involved. Everybody want to own Bitcoin. Many have half or more than half of their portfolio invested in Bitcoin already, This digital currency is becoming  almost common to all, when everyone owns a Bitcoin who then will care about it as it will be as common and a boring investment.

I believe this is a treat in the Bitcoin market value, could this actually bring down the market? Or it is a sign for feature increase in the market? Your thoughts are welcome..
Lol I do understand what you’re trying to say, but Bitcoin is not the only asset we have in the cryptocurrency market, there are so many other cryptocurrencies that people can still buy apart from the BTC you have mentioned. We have ethereum, ripple, Bitcoin cash, chainlink, and over a thousand of them if you check coinmarketcap. And moreover people are buying and selling Bitcoin every day, so I don’t see the possibility this happening (if it will, it’s probably going to take a very long time). There’s no day you wake up to buy BTC and they tell you that there is no BTC available in the market, lol, rather you will get thousands of offers. So that’s not something to worry about.
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July 07, 2020, 02:47:44 AM
 #67

Bitcoin is part of investment vehicle that we can makr to acquire wealth. For me acquiring wealth is not boring and it is really fun especially when investing became your passion. If you feel bored on making investment with bitcoin, I think it is better if you will stop investing especially when you are not in the mood because emotions can lead you to make bad decisions when you are not aware about it.

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Negotiation
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July 07, 2020, 03:20:01 AM
 #68

If we don't like to invest, it puts us at a greater disadvantage Therefore, it is better to stop investing for now However Bitcoin is usually a currency in great demand in the crypto market. Therefore the market is very unlikely to bring down The more investment there is in this currency, the greater the demand for it. Bitcoin is more popular than other currencies in the crypto market It can never be boring Investing by controlling your emotions is very helpful to brighten the future.
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July 07, 2020, 04:27:36 AM
 #69

Allot of people are making investment in Bitcoin, even with the risks involved. Everybody want to own Bitcoin. Many have half or more than half of their portfolio invested in Bitcoin already, This digital currency is becoming  almost common to all, when everyone owns a Bitcoin who then will care about it as it will be as common and a boring investment.

I believe this is a treat in the Bitcoin market value, could this actually bring down the market? Or it is a sign for feature increase in the market? Your thoughts are welcome..
This is market with Supply and demand so the more people seek to have Bitcoin is the more the Bitcoin value increasing.
There must be different approach in what you are pointing thats why you think it will bring down the price low.

But basically there is no going bad for Bitcoin today and for the whole year because market had already suffer everything.
from the Saddest fall last march to recovery in april and may.
and Piece of advice?why not try to look around and check the Goodness of Bitcoin and not the fall because you are not helping in any case.









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July 07, 2020, 04:49:06 AM
 #70

It's no way that Bitcoin will become a boring investment, the fluctuations of the price gives a lot of opportunities for people to make profit, but I see the enthusiasm of Bitcoin is slowing down, I think this is the cause of alt coins, but Bitcoin still one of the most traded crypto

The OP think it will just stay the way they are if that scenario happened.

I don't think that it will happen. The probable reason is that Bitcoin at that time will be having a good price. At that time, Bitcoin will not be stagnant, a lot of people will be using it and hoping they can invest and get on with the profits other people are having. Altcoins will have their movements too and I think that is more exciting than ever.
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July 07, 2020, 04:59:50 AM
 #71

DooMAD, somehow it doesn't seem to me that the OP could get involved in the discussion, although I would like to be wrong, but this kind of behavior has become very common on the forum.

I consider threads like this just as weak traps for merits, especially if OP is a bounty hunter (which is a fact in this case).

I guess you are not wrong,,, judging from the post history and just scanning through. I admit myself sometimes I even see that I leave something someone asks me directly for days,,, but that is because they reply quite a far way down. If I made a new topic though I would be watching it for responses!

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July 07, 2020, 05:12:45 AM
 #72

DooMAD, somehow it doesn't seem to me that the OP could get involved in the discussion, although I would like to be wrong, but this kind of behavior has become very common on the forum.

I consider threads like this just as weak traps for merits, especially if OP is a bounty hunter (which is a fact in this case).


This is far from what you think, I haven't been involving in the post because so many thoughts brought out were also clearified in a way by different individuals. In the aspect of the investment of BTC , it was as well clearified, BTC was made specifically to be a currency and a means of payment, yet many see it as an investment opportunity because of it volatility. Now imagine this volatility dies in the long run, boring will become it case..

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July 07, 2020, 05:27:40 AM
 #73

                                          ----=== Bitcoin is not an investment, it is a Currency ===-----

Bitcoin was never developed to be an investment, Satoshi Nakamoto created it to be used as a Currency. As you might know, some people use currencies as investments, like Forex trading and that is a lot more boring than trading in Crypto currencies, because other currencies have a lot less volatility.

People should just use Bitcoin as a currency and see how much better it is to use online with pseudo anonymity. I just donated to a controversial cause and nobody knows who I am. (Other payment options blocked donations to this cause)  Roll Eyes

If this is the case, those holding it and waiting for the price to pump( which I call investment) are misusing our Noble BTC?
I am tempted to say the circulation of Bitcoin is far less in recent time, while those holding to it and waiting for the price to pump increases by day. This alone prompt my decision to lay my intention on it becoming boring investment when everyone is able to hold to it and at the same time with every other person, wait for it price to go up

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July 07, 2020, 08:44:09 AM
 #74

Allot of people are making investment in Bitcoin, even with the risks involved. Everybody want to own Bitcoin. Many have half or more than half of their portfolio invested in Bitcoin already, This digital currency is becoming  almost common to all, when everyone owns a Bitcoin who then will care about it as it will be as common and a boring investment.

I believe this is a treat in the Bitcoin market value, could this actually bring down the market? Or it is a sign for feature increase in the market? Your thoughts are welcome..

If you don't know on what you are doing in this industry for sure you will get bored since you will not anything from it, But if you know on how to find those spots to earn money in every corners of this forum as well on the outside for sure  you will get excited on everyday ventures since to be honest there are so many opportunity on bitcoins and cryptocurrency, its up for you to discover it and be resourceful so that you will possibly see those opportunities.

Just don't focus on the value, focus on where you can earn it.

Also, I don't agree that it is becoming common to all or everyone owns a bitcoin. Up until today, the percentage who owns bitcoin is very small as compared to global population. The adoption is growing but the actual users is still very small. And if you are one of those who own even a little stash of it, would be exciting and not boring from my perspective. Someone will be excited as the value is supposed to increase over the years, so I don't think it will be a boring investment anytime soon.

It's because bitcoin still linked on some illegalities for example scamming, so if this case of incident will became so rampant provably we cannot see a good increase of numbers of users but we should be happy since actually every year there are more good news coming and slowly the bitcoins is notice by some big names on entertainment industry as well with institutional investors.

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July 07, 2020, 08:53:57 AM
 #75

Allot of people are making investment in Bitcoin, even with the risks involved. Everybody want to own Bitcoin. Many have half or more than half of their portfolio invested in Bitcoin already, This digital currency is becoming  almost common to all, when everyone owns a Bitcoin who then will care about it as it will be as common and a boring investment........
My question to you is:- What has happened to fiats which everyone hold? Does the fiats holders ever get boring with their fiats? Maybe you never research into what you said before posting it on the forum, next time please kindly help to do some little research before making contributions. The better will it be if everyone is holding Bitcoin, this will have major impact on it adoption and equally affect it price. Bitcoin investment won't be boring if everyone is holding Bitcoin like the way we'll hold our fiats currency.

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July 07, 2020, 09:47:24 AM
 #76

Allot of people are making investment in Bitcoin, even with the risks involved. Everybody want to own Bitcoin. Many have half or more than half of their portfolio invested in Bitcoin already, This digital currency is becoming  almost common to all, when everyone owns a Bitcoin who then will care about it as it will be as common and a boring investment........
My question to you is:- What has happened to fiats which everyone hold? Does the fiats holders ever get boring with their fiats? Maybe you never research into what you said before posting it on the forum, next time please kindly help to do some little research before making contributions. The better will it be if everyone is holding Bitcoin, this will have major impact on it adoption and equally affect it price. Bitcoin investment won't be boring if everyone is holding Bitcoin like the way we'll hold our fiats currency.

obviously bitcoin is a very promising long-term investment and is always sought after by many people, it can't be denied that it's reality about bitcoin. holding bitcoin certainly with a risk that is also not small but all must be done with actions without panic, because the bitcoin fructuation is very fast changing to make many wrong to take further action because of the panic.

bitcoin and fiat are clearly very different behavior, have ways and actions that are clearly not the same between bitcoin and fiat. they are complementary and needy although they cannot be compared between bitcoin and fiat, but the final destination will lead to the same thing.

bitcoin is an investment that is very much a challenge and there lies the difference between bitcoin and fiat. bitcoin will always change and follow the rotation of the exchange which can change every second. this is what makes people challenged to make bitcoin investments. and don't get bored at all times to follow the movements of bitcoin. I do not agree with the title "Bitcoin soon will become a boring investment?".

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July 07, 2020, 09:59:09 AM
 #77

In my opinion Bitcoin will never be a boring investment as long as it is still profitable, because gold alone is very common and everyone
know it. Don't make gold a boring investment, and anyway Bitcoin is not a common investment. Because there are still many people who
don't know Bitcoin yet, haven't even heard of it. So from that Bitcoin still needs a lot of promotion and education, so that it is growing
and known to more people.

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July 07, 2020, 10:04:36 AM
 #78

In my opinion Bitcoin will never be a boring investment as long as it is still profitable, because gold alone is very common and everyone
know it. Don't make gold a boring investment, and anyway Bitcoin is not a common investment. Because there are still many people who
don't know Bitcoin yet, haven't even heard of it. So from that Bitcoin still needs a lot of promotion and education, so that it is growing
and known to more people.

Gold is not common. Bitcoin is not boring either, the trading and manipulations make it never boring I guess.

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July 07, 2020, 10:30:51 AM
 #79

Only people who don't have the patient will think that bitcoin is a boring investment. They can not wait for more to see the bitcoin price will start the rally. If they are learned about bitcoin, they will know that bitcoin needs time to rally, even if the time is one night, that still need time. If bitcoin price starts to rally, the price will be able to break the high price, and I think that will happen in a short time. Everything needs process and time, so if you can enjoy the process, you will not think about anything, and you will have the patience to wait for the time.



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July 07, 2020, 11:11:56 AM
 #80

Bitcoin was never developed to be an investment, Satoshi Nakamoto created it to be used as a Currency. As you might know, some people use currencies as investments, like Forex trading and that is a lot more boring than trading in Crypto currencies, because other currencies have a lot less volatility.

People should just use Bitcoin as a currency and see how much better it is to use online with pseudo anonymity. I just donated to a controversial cause and nobody knows who I am. (Other payment options blocked donations to this cause)  Roll Eyes

If this is the case, those holding it and waiting for the price to pump( which I call investment) are misusing our Noble BTC?

Use it any way you want, since part of the appeal of Bitcoin is the freedom it offers you.  But the point is, if you're looking solely at profitability and not the wider benefits being conferred to you, then you're missing out on all the stuff that keeps most of us engaged and interested.  

Are you familiar with the phrase "money is power"?  This is considered by many to be one of the most prominent technological breakthroughs in history, having the potential to revolutionise financial independence for millions of people worldwide.  The very existence of Bitcoin is a challenge to the conventional notion that everyone has to rely on the banking monopolies that effectively run our entire world.  There are some people out there with vested interests who would much prefer it if this didn't exist.  Because it's not only a threat to their business model, but also the way in which we've just blindly done things for centuries.  This is a dramatic shift in power from them to you and there isn't really a way for them to prevent it if people decide this is what they want.  So here we are in the formative stages of a revolution and you think it's getting boring?  Look at the bigger picture.

Then again, it doesn't surprise me that people generally aren't appreciative of what they have.  Few of us are excited by the fact that we have electricity, plumbing and a roof over our heads until we suddenly don't have it anymore and realise what we lost.  If you take things for granted, it's only natural you will get bored easily.
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