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Author Topic: Bitcoin soon will become a boring investment?  (Read 1013 times)
desticy
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July 10, 2020, 08:41:41 PM
 #121

To be honest, I would prefer that Bitcoin become a boring currency. Now it is at a fairly high price level.
If it was completely stable, many projects could more easily raise funds and enter the market, altcoins could receive free pricing and would no longer be dependent on bitcoin.
But it’s obvious that this can only happen if the price of bitcoin drops to 0.

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July 10, 2020, 09:49:54 PM
 #122

no one said its boring except you  . being common is not a threat but its a blessing because finally the long wait is over  . you know people always wanted this to happen   .  that should be the time where btc is now being used just like a normal currency  .
It looks like TS has to learn more about the bitcoin ecosystem and economic law. Conversely, if a product is increasingly known by the general public then it is very good for wider adoption.
Thus, demand will continue to increase, and this is very good for increasing prices. Moreover, bitcoin supply is limited, when more people want it, the price increases, just like gold.

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July 11, 2020, 06:22:57 PM
 #123

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.
Boring in what sense? You merely speculated throughout this post of yours, and no tenable facts. Well, for your information, what gives a thing its value is scarcity in the face of demand. This is what gives Bitcoin the spice. So many people are chasing it, price will continue to spike. This isn't going to be boring in any way at all.


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..
No, not at all a threat in any way. In fact, such is healthy for the entire crypto industry.

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July 11, 2020, 06:24:44 PM
 #124

I don't know why you're thinking that and I don't think that's likely to happen. The total supply of Bitcoin is a certain amount and its demand is constantly increasing day by day. More and more people are becoming aware of Bitcoin than ever before and are showing interest in investing in it. Moreover, as the market price of Bitcoin has always been volatile, traders are making a profit by trading in it and it has become a topic of attraction for investors at every moment. So I don't think there is no justification for your statement.

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July 12, 2020, 11:22:05 AM
 #125

     I think you mean if the people in this industry? Because if not, then you are completely wrong. Bitcoins aren't even mainstream yet how could it become boring? Even the people who are in this industry for years never said it bluntly as you did. It may be boring sometimes in the bear seasons but that only happens for people who only stack and never trade. And if that isn't enough, ll the bitcoins ns haven't been mined completely yet. So that just means it will take a lot of time before the supply gets fully mined. Seriously, most of the population in this industry alone have a hard time getting even a single bitcoin. I just don't understand why you think Bitcoin will soon become a boring investment.

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July 12, 2020, 01:07:50 PM
 #126

If that person think about it (boring investment), yeah, his thinking differently from us. Why a lot of people jump into Bitcoin investment? It is probably because they saw its market potential, not a boring investment. We already saw how Bitcoin rallying in the market for $0 to $9k, it something to tell us how this form of investment will work in the future. Yes, we are not sure about it because of its volatility but not a thing to worried that it becomes out from the market and turns back to nothing.

Anyway, if you are thinking Bitcoin is a boring investment, then better to forget that you've been in crypto at once.



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July 12, 2020, 02:22:23 PM
 #127

I don't know why you're thinking that and I don't think that's likely to happen. The total supply of Bitcoin is a certain amount and its demand is constantly increasing day by day.
Out of this certain amount of bitcoins about 10% or maybe more bitcoins aren't moving at all and that too from the initial days of bitcoin, so it means that these bitcoins won't move at all and thus making the supply even shorter. Bitcoin won't become a bad investment at all not even in the future as well, with more people joining the market the price fluctuations are also increasing as compared to 2014 or early days of bitcoin. Investors are also getting increased day by day with new companies joining the blockchain market and making new products which is increasing the demand of bitcoin even more.

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July 12, 2020, 02:51:26 PM
 #128

Will you be bored with money? Well, everybody has their own thought and opinions about the bitcoin investment. However, what about the boredom? Let's see from the start here:
1. What exact reasons should make us bored with the bitcoin investment? because of the down market as always? because of the volatility? Well, everybody knows that Bitcoin is always volatile because it is decentralized. We cannot make the price of the BTC stable because this is not a stable coin.
2. is there any example of the people that stop using or investing in BTC because of boring? Well, I don't think so. I prefer to think that many people stop from BTC because they have lost much money because of the lost investment, scammed, or event loss trading.
3. How can somebody bored about the precious thing? In my opinion, this is too strange if we are bored of something precious. Yeah, I consider that BTC is a precious and worthy thing. Therefore, I personally will not get bored of it.

Whatever my opinion, this is probably the only opinion. You can have your own thoughts about it. This will depend on your destiny and also a goal in Bitcoin.

R


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July 12, 2020, 03:57:14 PM
 #129

Bitcoin has a very developed ecosystem and a big community. It has the bigest capitalization and a lot of users. That is why people invest in Bitcoin.

Bitcoin has evolved a lot in past decade and continues to do so. It has being one of the major revolution in the digital payment ecosystem and people who had bought at very early stage had become millionaire today because of the bitcoin. Because of volatility it continues to be an exciting stuff for me on daily basis and not boring for sure.
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July 12, 2020, 05:07:20 PM
 #130

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..

Saying that Bitcoin will become a boring investment is a close minded opinion. That is why we are even here in the forum. People are learning and studying what Bitcoin does and how can it help users monetize their time. There is no problem investing on Bitcoin because you can gain it by a lot of ways. You can gain Bitcoin even without having a financial capital and just your time. Every people should be open to new opportunities and don't rush to closing open doors.

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July 14, 2020, 09:58:54 AM
 #131

Will you be bored with money? Well, everybody has their own thought and opinions about the bitcoin investment. However, what about the boredom? Let's see from the start here:
1. What exact reasons should make us bored with the bitcoin investment? because of the down market as always? because of the volatility? Well, everybody knows that Bitcoin is always volatile because it is decentralized. We cannot make the price of the BTC stable because this is not a stable coin.
2. is there any example of the people that stop using or investing in BTC because of boring? Well, I don't think so. I prefer to think that many people stop from BTC because they have lost much money because of the lost investment, scammed, or event loss trading.
3. How can somebody bored about the precious thing? In my opinion, this is too strange if we are bored of something precious. Yeah, I consider that BTC is a precious and worthy thing. Therefore, I personally will not get bored of it.

Whatever my opinion, this is probably the only opinion. You can have your own thoughts about it. This will depend on your destiny and also a goal in Bitcoin.
Maybe the reason why he is bored is simply because he cannot make money on his own investment. As a investors, of course you will feel grateful especially if you are earning huge amount of money. I do not feel bored after because I can make money even if the trend of bitcoin is in bearish trend. For those who are bored in bitcoin investment, be careful because you can incur huge losses especially if you are really bored to study and improve your skills as a trader and investor.
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July 14, 2020, 11:58:58 AM
 #132

I do not agree that Bitcoin will be a boring investment, because the price movement of Bitcoin is very volatile, so it is interesting to analyze.
And most importantly as long as investing in Bitcoin is still profitable, it won't be boring. Many interesting things to learn from Bitcoin, even
Satoshi Nakamoto as the creator of Bitcoin became an interesting and mysterious figure, and his identity is unknown. One more thing Bitcoin
is not yet known and owned by many people, so it hasn't become common thing.

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July 14, 2020, 12:10:40 PM
 #133

Bitcoin is always boring investment to those who are lack of patience, because if we invest in bitcoin we need to know that we need to wait and need to have more patience ,we dont know when will be the exact time of rising or falling of the bitcoin price, so if we dont have patience we maybe get bored on waiting for the very best time to sell, i believe that bitcoin is only for the people who have patience and understanding it is high on volatility so we really also need to be more smart on how to take the proper timing for us to earn.
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July 14, 2020, 01:42:20 PM
 #134

Bitcoin is always boring investment to those who are lack of patience, because if we invest in bitcoin we need to know that we need to wait and need to have more patience ,we dont know when will be the exact time of rising or falling of the bitcoin price, so if we dont have patience we maybe get bored on waiting for the very best time to sell, i believe that bitcoin is only for the people who have patience and understanding it is high on volatility so we really also need to be more smart on how to take the proper timing for us to earn.

The very first skills to learned in any investment that you'll going to take, knowing how the potential and how to secure your positions,
most of the time traders who doesn't have this qualities losses their money in a short period of time. It won't bored you out if you have
faith that your investment will grow after some time of holding it, you need to learn and keep on learning more patience  while you are
still tied to this market.

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July 14, 2020, 02:50:27 PM
 #135

I think your statement is filled with a bunch of conjecture.  I don't think "many" people have bitcoin at all and I sure don't think that many have half of their portfolio invested inside bitcoin.  That would be foolish, especially considering bitcoin is not an investment inherently.

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July 14, 2020, 03:06:36 PM
 #136

It was meant to be a online payment system, not some trading instrument, and most of these people wrongly assume that they are trading Bitcoin.
They are not, they mostly trade leveraged CFD's and other derivatives which is usually contracts for difference and it does not even involve one real satoshi.
If it's really Bitcoin then their transactions will have to be visible on the blockchain and in that case its a one way ticket because it will only be 'going long' since you can not short coins on the blockchain so that should tell you something about the incompatibility of the 'currency' from a market's perspective, the blockchain makes all the difference here because every transaction get's logged 'eternally' and brokers can not avoid, or manipulate it.
It baffled me to find that very little people understand this and they claim that they are trading real bitcoins and when i tell them that they are not they get angry at me and try to convince me otherwise.
I never wanted it to evolve like this so i hope that it will soon become a boring investment so that we can focus and continue on making it the best payment system  Smiley
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July 14, 2020, 03:17:07 PM
 #137

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..

Make it enjoyable investment. If you go for long time investment only by holding BTC its would be boring to you but if you circulate your BTC in different way like investment, buy, sell etc.. it would be enjoyable in your life. You have to earn benefit by investment and maximum doing this so that its more popular to everyone and me also.

thanks.
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July 14, 2020, 04:01:18 PM
 #138

Bitcoin is worthy of a long-term investment and even you will say that most/many people have held Bitcoin's already even this time, we can't tell that they could be bored in the future. It probably the market demand that will rise and people will keep on trading and investing. Things to see that they become more active than being bored.

It may be you have been loosened up because if the current situation but have to remember that Bitcoin price keeps growing and being adopted that could somewhat give away to see the market more alive than silence.

R


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July 14, 2020, 06:02:35 PM
 #139

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..

on the contrary of your belief, I believe the scarcity of bitcoin and people buying more of bitcoin is a good one for the coin as it has a limited supply. it will further increase the price of the coin and also give hugh profits to those who invested in it. I will advise you try and get at least one for yourself.
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July 14, 2020, 07:06:47 PM
 #140

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..
You mean boring investment in a scenario where bitcoin doesn't have much fluctuation in price, becoming a stable or devalued currency.
Then I think it can't bring the market down, instead, it would be already a consequence of the marketing going down or a lack of interest consequence by enthusiasts towards bitcoin, however the *boring investment* isn't the main cause. In a scenario like that we would need to analyze other factors before spelling any theory.

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