Is bitcoin truly moving forward?

[larsonreever]

Bitcoin demand is increasing and user base is also growing. This means that Bitcoin has a better future and we gonna expect that more developments will soon to come. The growth that has taken place with bitcoin over the past few years of time has been moving gradually with unpredictable price move at times, which makes me think that Bitcoin has been the best performancing asset in the last decade with the best recovery rate from the pandemic. We should nt worry about short term movements but look forward to the long tem future of bitcoin which i think is pretty promising in 2021-2022. isnt it?

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[Zionatin]

Investing and supporting a new technology is much more exciting than buying and holding gold. The returns gold gives you doesn't even cover inflation in most countries. You don't get a rush trading gold like you do with crypto. It's not all about money it's about the underlying technology and the very reasons why cryptocurrency exists. Look at the bitcoin chart over the last 10 years then look at gold... You decide.
Being comfortable will never make you a success. You have to take risks.

[death69]

Investing and supporting a new technology is much more exciting than buying and holding gold. The returns gold gives you doesn't even cover inflation in most countries. You don't get a rush trading gold like you do with crypto. It's not all about money it's about the underlying technology and the very reasons why cryptocurrency exists. Look at the bitcoin chart over the last 10 years then look at gold... You decide.
Being comfortable will never make you a success. You have to take risks.

I agree with your point. However, people who opulent with wealthy property tend to invest their money in gold because they find that stability is a principle key of success. You can not be reckless while holding a $1 billion fund like what you are doing with $10000. 1% in interest can worth more than 10$ millions and you cant imagine how big thats worth. Most of the ordinary people only earn $50000 annually. Their 1% income is more valuable than your yearly salary. How ironical it is

Well, if they are not participating in trading such technologies, there are chance for us to earn more money and become a rich with bitcoin and cryptocurrency.

[Chris Barth]

Tho bitcoin was created as a currency, no one is saying you should not be an investor. However, investment as a topic has its "rules" if I may say. Firstly, you are not supposed to invest more than you can afford to lose. Restlessness and other forms of FUD come when you've done more than you should. Bitcoin is not dying, those who are presently hodling for the long term know this.

[GeorgeJohn]

Tho bitcoin was created as a currency, no one is saying you should not be an investor. However, investment as a topic has its "rules" if I may say. Firstly, you are not supposed to invest more than you can afford to lose. Restlessness and other forms of FUD come when you've done more than you should. Bitcoin is not dying, those who are presently hodling for the long term know this.

Actually a business person is a risk taker, provided that you really want to invest any amount you want, you can go into it, the amount of money to invest is not really the problem, the problem is the capacity, the ability to take the risk involved in bitcoin without regrets because the investor expectations might be positive but finally after investment it comes out negatively. So therefore no one blames anyone for investment of bitcoin in any form.

[Shallow]

Sometimes I do notice that bitcoin experience some issues while increasing in value, Bitcoin have increased to $15,000 $20,00. Now we find bitcoin going low, Now I want us to understand no matter how dollar fall it can be as bitcoin, What is the solution of getting this solved?,if bitcoin is Depreciating in value let it not be much, because the falling of bitcoin really scare people away. Would you be happy if you purchase bitcoin worth $15,000 and in the next few months bitcoin is $5,000, would you be happy?. Let look into this and stop deceiving ourselves buy saying we are Investors, Gold investors don’t experience this at all, if bitcoin we go forward then we most know our stand.

I understand your point but however let's go this way; the market is controlled by people who are buying and selling that means that the price will continue to fluctuate, we can't always expect it to keep rising at a steady rate, even when bull run starts there is also a time for price correction. Bitcoin is what it is because even after bear market where it might dump heavily there is still possibilities of it rising more again, at least this have been seen many times, but can that be said about other altcoins?, No.
Nevertheless, the idea is to understand that, the market is controlled by many factors and so far those factors will continue to exist because it comes from us humans, the price is Bitcoin will continue to react to the market. Gold is different from Bitcoin because it is a physical asset which you can buy and hold for as long as you want, volatility hardly affects gold but volatility do affect Bitcoin hence the reason for the price reactions.
Also bear in mind, that just as Bitcoin can pump massively to a very high price hence enriching holders, gold might find that hard to do; so in all instances both are different and also, we can be called investors in whichever case/instances.

[Nhor1011]

For me, Bitcoin keep on moving forward because if not maybe no one will invest into it. The development of bitcoin is not just depends on it's value instead more than that. Bitcoin is now more useful than before. There are bitcoin ATM already functioning in other places and the the adoption of bitcoin keep on growing.

[JuSayCo]

I am quite sure that Bitcoin is truly moving forward. I don't see anything to have some doubts about its movement in the market. I guess, we don't need to worry about the changes that will be made, instead we have to understand that its decentralized and the movement is definitely unpredictable. I admit, we won't be happy when it falls down, however, there's always good in it, to give way for buyers and other investors. And more so, when it goes up, we will all be happy I believe.

[onecall123]

Tho bitcoin was created as a currency, no one is saying you should not be an investor. However, investment as a topic has its "rules" if I may say. Firstly, you are not supposed to invest more than you can afford to lose. Restlessness and other forms of FUD come when you've done more than you should. Bitcoin is not dying, those who are presently hodling for the long term know this.

This is the reason short time price action is not what i'm stressed over. Bitcoin is a precious gem to me so I'm in as long as possible. It would appear that it crosses 12k this time then 14k. I know BTC dominance is high now so I wonder where it leaves us at the end of 2020.

[Swopon]

In my research, I found some data which is positive about Bitcoin moving forward. If you notice on Bitcoin price from the last 7 days, you will get some. Bitcoin is now nearly $12k. Hopefully, it will increase more within a couple of weeks.

This article can be helpful to know the current situation of Bitcoin- https://cointelegraph.com/news/bitcoin-price-nears-final-hurdle-at-12k-before-bull-market-euphoria/amp

Check it out to know more about Bitcoin in the current time.

[bitzizzix]

Yes, bitcoin is really moving forward in every way and has grown really well so far and is growing in popularity, and slowly everyone is realizing that bitcoin is a very good investment.
and bitcoin price is currently slowly rising and but bitcoin price can easily reverse the situation suddenly, but I am optimistic that towards the end of the year bitcoin price will continue to increase slowly.

[Mahanton]

Don't compare the current Bitcoin price with the Bitcoin price in 2017, because if you compare it will make Bitcoin look not moving forward.
Even though we should see Bitcoin from the first time it was created until now, it is clear that Bitcoin is moving forward. Moreover, the number
of merchants who accept Bitcoin as payment continues to grow, not to mention that more and more countries  that accept Bitcoin. Even the
number of Bitcoin ATM machines continues to grow, this all proves Bitcoin is moving forward.

You cant stop people not to think on what happened in the past because they will surely base off on what happened and will look and presumed that it will surely go to the same path.
You do have a point thought because if we do keep on basing on what happened in the past then we wont really see bitcoin moving forward because we do base it off which it isnt
really that right because it will really just mold up or will surely test your patience and if you arent really that good on handling it then that will surely result into
problem towards into your investment decision.

[BryanJohn]

for me i think bitcoin is really moving forward considering the price of bitcoin before and now, so u can see the change, imaging how is going to pump in years to come and with the great potential it has, so Bitcoin is now more useful than before.

[FinneysTrueVision]

Volatility in Bitcoin is not as extreme as it used to be. We will see less dramatic price swings the more established it becomes. I would absolutely be comfortable with buying at $15,000 if it went up that high again. Just from it's scarcity alone it is logical to assume the price will continue to increase over time and the inflation of fiat currencies should help in it's price appreciation.

[Light onuoha]

Now I want us to understand no matter how dollar fall it can be as bitcoin, Gold investors don’t experience this at all, if bitcoin we go forward then we most know our stand.

You guys have come again. Stop comparing the gold price to bitcoin, because there are lots of reasons why the gold price is stable. Gold is used in the space industries, It's used In making mobile phones that you use, it's used in making computer systems, it offers luxury for VIP, etc. And also consider how hideous it is to mine gold. Check all this and compare it with bitcoin, you will see the difference yourself.

[lienfaye]

I think you based your judgement from the previous all time high of bitcoin. Are you tired of waiting on when will the price reach its ath once again? Dont look on the last ath because its not a basis if bitcoin is progressing and moving forward.

Many people now are aware of bitcoin existence and started to engage themselves specially during this pandemic wherein many of us are looking for opportunity online.

Just look at the price we reach the bottom of $3k then the price bounce back to much higher price. It means the demand is high thats why its not plunging deeply.

[mrongoz22]

The question is whether bitcoin will really move forward .. My answer is, of course, yes. And I believe in bitcoin because it clearly gives me the opportunity to make money, although at least I believe my bitcoin economy has changed for the better than before I got to know bitcoin ...

[btc-room101]

Sometimes I do notice that bitcoin experience some issues while increasing in value, Bitcoin have increased to $15,000 $20,00. Now we find bitcoin going low, Now I want us to understand no matter how dollar fall it can be as bitcoin, What is the solution of getting this solved?,if bitcoin is Depreciating in value let it not be much, because the falling of bitcoin really scare people away. Would you be happy if you purchase bitcoin worth $15,000 and in the next few months bitcoin is $5,000, would you be happy?. Let look into this and stop deceiving ourselves buy saying we are Investors, Gold investors don’t experience this at all, if bitcoin we go forward then we most know our stand.

There is nothing to solve, you either accept this is the way market moves or you get out of it, this may sound harsh but it is the truth, people somehow think that the markets need to move according to their wishes and if they do not then there is a problem, there is no problem, if you want a less volatile market then trade bonds or gold, but this market as of right now has a huge volatility and your only way to deal with it is to learn how to protect your capital, a very easy way to do is to just reduce the amount of money in each of your trades or investments, this way the mount of money you lose will be smaller, but for some reason you do not seem to want to adapt at all.

BITCOIN smells like a CULT, its ran like a cult, and its marketed like a cult. The deceivers are in charge of all operations. Take CHINA for example, the deceivers talk of 51%, but then change the subject when you say "+67%" of all BTC is mined in CHINA, Mining is how blocks are created, mining  decides which transactions go into blocks, with the KYC rules and black-listing, the future will be a place where if your address isn't in a KYC database, then the BTC at that address will be worthless. You will be given a short period to report, then all coins will be considered 'tainted'
Thus BTC doesn't have much of a life, and it certainly isn't 'a long term store of value'

On the GOLD subject, GOLD has never gone to zero in all human history, but ponzis and scams and parabolic rises always revert to zero. It's the nature of mass insanity, tulip, south-east, or east-india company

All of the BTC narrative pushed by the deceivers is based on LIES, there is not a single truth pushed by BTC believers, nada nothing. They deny everything, which makes me think that 99% of the narrative-pushers on this site are 'bots'. You point out the flaws in BITCOIN and the bot algo just say 'hater' when negative sentiment, and 'hodl' when positive sentiment. You ask a serious question, and your told to go to the beginner section, to be re-educated and fed bile.

Moving forward? No, but its clearly running out of steam.

There are dozens of serious problems, but the most serious are these two.

1.) We were told that BTC would make 'our own bank', it turns out that ingress/egress is through coinbase, which is the IRS; This is a dead end for BTC.

2.) We were told that BTC was private; The bitcoin-core refuses to make BTC transactions private, they keep the addresses public, and all history, this is so GOV's can black-list all high-values addresses that don't have proven KYC files attached.

Given 1&2 above, and given the fact that early adopters came to btc for these reasons, then the only reason to stay is to MAKE MONEY, or better said "Ripoff people".

[Momotajul]

 I doubted on bitcoin and stop to use it because i think that i have to stop using it because i thought i am just putting my money into a waste but it was a big mistake because i missed a chance to earn a lot of money. What i mean is just to believe in bitcoin and it will give you a chance bitcoin is really moving forward and we can see that when we realize that the prize of bitcoin  and that is the time i started  time of bitcoin.

[secretgirl]

Sometimes I do notice that bitcoin experience some issues while increasing in value, Bitcoin have increased to $15,000 $20,00. Now we find bitcoin going low, Now I want us to understand no matter how dollar fall it can be as bitcoin, What is the solution of getting this solved?,if bitcoin is Depreciating in value let it not be much, because the falling of bitcoin really scare people away. Would you be happy if you purchase bitcoin worth $15,000 and in the next few months bitcoin is $5,000, would you be happy?. Let look into this and stop deceiving ourselves buy saying we are Investors, Gold investors don’t experience this at all, if bitcoin we go forward then we most know our stand.

and now what happens, your thinking one year ago is inversely proportional to now. There are people who have been patient from the past until now, feel the joy. indeed bitcoin when compared to gold, will be more dangerous because it fluctuates or is unstable from time to time. while gold tends to never decline in value. But with bitcoin, a person can get a lot of profit when they want to trade and wait for the sell value to be higher than the buy value. surely you will now feel happiness if last year you did not compare bitcoin with gold, you still held bitcoin and did not switch to gold.