Bitcoin is here to stay

[Reatim]

The only adoption is what do we need for Bitcoin to stay. Common people just come and go because they never understand crypto and the capabilities to understand as well.
Bitcoin's creation is for intended for as a currency but it was far from its realization since most bitcoin holders never sees that thing but to consider it as an asset for investment. But the good thing with the situation today that contibuted to crypto market is that people are making their way to use Bitcoin for payment aside from considering it as an investment.

Because they have no Idea what Bitcoin is and most of those Leaving this market are those Greed that fails in their target easy money.
Because looking at what the situation is?Most people that enters Crypto without proper knowledge and will,always come to losses.

I only see bitcoin as a digital currency which has been said by the creator of bitcoin, namely Satoshi Nakamoto, so whatever the complete description, you all will not care about it, because in my opinion bitcoin is not just for investment, bitcoin can be used according to your own wishes and needs depending on how you will do it.

But this is what the way this community and market goes,SOme looks at this as investment while others use this as real currency(in limited ways i guess)
but Bitcoin will always here to stay and that is something what i believe to.

[aryadiningrat123]

Bitcoin will remain and will not be lost. because bitcoin is the world's first digital asset and the world's first virtual currency, so bitcoin will remain forever. bitcoin can also be used as an investment tool or stock trading so bitcoin will last forever

[k@suy]

Bitcoin will remain and will not be lost. because bitcoin is the world's first digital asset and the world's first virtual currency, so bitcoin will remain forever. bitcoin can also be used as an investment tool or stock trading so bitcoin will last forever

Nobody can predict if how long it will last because bitcoin has a lot of disadvantages comparing to fiat however a lot of people still uses bitcoin as a part of the adaptation process because us, as bitcoin promoters our mission is to mass promote the bitcoin in order for a lot of people to mass adapt this currency.

[Cryptoreflector_666]

Bitcoin will remain and will not be lost. because bitcoin is the world's first digital asset and the world's first virtual currency, so bitcoin will remain forever. bitcoin can also be used as an investment tool or stock trading so bitcoin will last forever

Nobody can predict if how long it will last because bitcoin has a lot of disadvantages comparing to fiat however a lot of people still uses bitcoin as a part of the adaptation process because us, as bitcoin promoters our mission is to mass promote the bitcoin in order for a lot of people to mass adapt this currency.

I think that the peak of bitcoin's popularity has already passed. In 2018, everyone who wanted to get acquainted and try bitcoin for themselves has already done so and expect an even bigger wave after the one that was no longer worth it. The extent to which bitcoin is now widely used around the world in principle covers all the necessary need.

[mardaed]

Bitcoin will remain and will not be lost. because bitcoin is the world's first digital asset and the world's first virtual currency, so bitcoin will remain forever. bitcoin can also be used as an investment tool or stock trading so bitcoin will last forever

Nobody can predict if how long it will last because bitcoin has a lot of disadvantages comparing to fiat however a lot of people still uses bitcoin as a part of the adaptation process because us, as bitcoin promoters our mission is to mass promote the bitcoin in order for a lot of people to mass adapt this currency.

I think that the peak of bitcoin's popularity has already passed. In 2018, everyone who wanted to get acquainted and try bitcoin for themselves has already done so and expect an even bigger wave after the one that was no longer worth it. The extent to which bitcoin is now widely used around the world in principle covers all the necessary need.

That is true. But I also want to believe that for as long as there are crypto enthusiasts, it will also stay long. I agree with the previous replies that pointed out the different features of Bitcoin, compare to other currencies, and why it is taken as an investment and not its primary function as a currency. Although many have really adopted cryptocurrencies today, I think it will take more time for everyone to acknowledge this currencies as part of ever-evolving society.

[goldade]

This is a mistake.

For bitcoin is not a currency; it is not money—it is a speculative hedge, an investment, a form of trading, and, quite possibly, the great white whale of finance.

Possibly—but only possibly.

The temptation to talk about bitcoin as the sole product of its inventor’s brilliance has grown during the crypto bubble because, as we know from the history of equity markets and from history as a whole, perception is all. And with a product as new as bitcoin, the halo effect is just enormous.

People talk about bitcoin because they can. After all, even if it has a host of technical limitations and flaws, it is not as boring as the existing consumer-facing products from the payment sector. And bitcoin is not as easy to move money as, say, the ability to convert cash to gold or fiat currency (the dollar, yen, pound, euro). But it’s a hedge, or an investment, or a speculative play, or a currency trading instrument, and those are all ways of getting one to your place of business, or to the point of travel, or to a lender. And, hence, it’s all there in one place, in crypto.

And, especially as I indicated here, it is far easier to talk about bitcoin than to talk about gold, and perhaps even to get people to look at fiat currencies. In that sense, bitcoin is both a new form of money and a solution to the demand for money among an otherwise invisible set of people.

Although bitcoin is a speculative play, I also think its rise tells us something very much larger about how our financial systems work—even if we haven’t come to terms with those larger forces.

Bitcoin is hardly the first effort to create some sort of secure virtual currency that was supposed to replace the US dollar, or a basket of other currencies, or whatever. But here is my problem: I don’t understand how money is supposed to be created. The same people who worry about the lack of transparency in many virtual currencies are of the same people who do not fully understand how accounting works, yet they throw around nearly impossible-to-review theories as if they were all knowable as gospel.

https://www.truepnl.com/

This is unarguably true. Bitcoin is here and will be here forever. Bitcoin is the first digital currency, although many people do not see it as one, and will continue to be adopted.
For now, the adoption of bitcoin might be very slow because a lot of people do not trust a currency they can not hold. I do believe that with time, these people will get to discover the numerous advantages of bitcoin and hence adopt it.
I do believe that bitcoin is here and is here to stay. Nothing, not even bearish trends or scams related to crypto can stop that.

[kryptqnick]

For bitcoin is not a currency; it is not money—it is a speculative hedge, an investment, a form of trading, and, quite possibly, the great white whale of finance.

I've said it a lot before, and I'm going to say it again. Bitcoin is for whatever you want to use it for. You think bitcoin is only mostly an investment and a speculative hedge? Whatever, I'm going to use it as a currency anyway. Why? Because I can.  And that's the whole point of bitcoin. Freedom and sovereignty with your money.

I agree with the phrase in the bold. I'd say that Bitcoin has a performative nature. Namely, its being and status is defined by the way it performs (=is being used). So the heated discussions on whether Bitcoin is like money, gold or something you trade cannot have one absolute winner. Bitcoin is traded by many people, so while it's not stock because nothing stands behind Bitcoin, it's quite like stock. But there are also many hodlers who invest long-term, which makes Bitcoin 'digital gold'. Finally, there's a handful of believers that use Bitcoin to buy things, so it's also money. One can argue what Bitcoin should be, but it's hard to deny that Bitcoin is in fact many things at once.

[iyamoxjhian]

I believe in both statement as Bitcoin is a digital currency as most of the people uses it for their transactions and it is also an investment as many of us use it for investing. So as long as we use it and knows how to use it then it doesn't matter at all.

[arwin100]

This is a mistake.

For bitcoin is not a currency; it is not money—it is a speculative hedge, an investment, a form of trading, and, quite possibly, the great white whale of finance.

Possibly—but only possibly.

The temptation to talk about bitcoin as the sole product of its inventor’s brilliance has grown during the crypto bubble because, as we know from the history of equity markets and from history as a whole, perception is all. And with a product as new as bitcoin, the halo effect is just enormous.

People talk about bitcoin because they can. After all, even if it has a host of technical limitations and flaws, it is not as boring as the existing consumer-facing products from the payment sector. And bitcoin is not as easy to move money as, say, the ability to convert cash to gold or fiat currency (the dollar, yen, pound, euro). But it’s a hedge, or an investment, or a speculative play, or a currency trading instrument, and those are all ways of getting one to your place of business, or to the point of travel, or to a lender. And, hence, it’s all there in one place, in crypto.

And, especially as I indicated here, it is far easier to talk about bitcoin than to talk about gold, and perhaps even to get people to look at fiat currencies. In that sense, bitcoin is both a new form of money and a solution to the demand for money among an otherwise invisible set of people.

Although bitcoin is a speculative play, I also think its rise tells us something very much larger about how our financial systems work—even if we haven’t come to terms with those larger forces.

Bitcoin is hardly the first effort to create some sort of secure virtual currency that was supposed to replace the US dollar, or a basket of other currencies, or whatever. But here is my problem: I don’t understand how money is supposed to be created. The same people who worry about the lack of transparency in many virtual currencies are of the same people who do not fully understand how accounting works, yet they throw around nearly impossible-to-review theories as if they were all knowable as gospel.

https://www.truepnl.com/

This is unarguably true. Bitcoin is here and will be here forever. Bitcoin is the first digital currency, although many people do not see it as one, and will continue to be adopted.
For now, the adoption of bitcoin might be very slow because a lot of people do not trust a currency they can not hold. I do believe that with time, these people will get to discover the numerous advantages of bitcoin and hence adopt it.
I do believe that bitcoin is here and is here to stay. Nothing, not even bearish trends or scams related to crypto can stop that.

Bitcoin will really stay due to the fact that people are seeing some great opportunities here compare to the other traditional platforms where people can earn low percentage only.

And I'm not surprise with the slow adoption since somehow many bad incident that creates fear to the merchants and new investors to come here as well the educational teaching on mainstream media is so lacking and sometimes they mislead the news about bitcoin so expect that we will encounter a struggle in terms if fast adoption.

[bitpotter]

I believe in both statement as Bitcoin is a digital currency as most of the people uses it for their transactions and it is also an investment as many of us use it for investing. So as long as we use it and knows how to use it then it doesn't matter at all.

That's right, I've carried out both missions and everything is fine. But behind it all there is something that I learned that blockchain technology. Maybe many people don't care, but I can understand a little about that.

[Kakmakr]

The so-called gospel, is backed by transparency (Blockchain history) ....not like the Fiat system ...where the government and private financial systems bury their secrets in centralized ledgers and backroom deals.

Bitcoin is also predictable, because you know what the ultimate amounts of token would be that would be mined...not like Gold, where it is a guessing game of how much Gold would be mined in the future.

The current financial system are designed to favor the insider and the educated, not the general public with limited knowledge about the financial systems and the inner workings of Stock/Commodity trading. (Bitcoin allows EVERYONE to get access to trading and using a global currency that are not being manipulated by any government.)

[ichi]

Bitcoin has developed such a great amount since its commencement, so clearly, it turns into a type of advanced cash, a theoretical resource, a store of significant worth. It's truly up to those individuals who put stock in it on how they will treat bitcoin. However, to supplant USD? I don't figure we can get to that objective yet, however as I have stated, on the off chance that I get an opportunity to utilize it as a type of cash to purchase and afterward pay somebody then I will utilize it, been during it throughout the previous 2 years and I don't disapprove of that. Despite the fact that there could be individuals that will contend to simply clutch it.