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Author Topic: Bitcoin is going to be the next gem  (Read 558 times)
amarmurgi
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December 23, 2020, 11:52:59 AM
 #61

Bitcoin is the best way to go right now because the way Bitcoin is pumping every day is the first place for Bitcoin to me because this Bitcoin may one day spread across the country so I put it at the top of the list. I think the price will pump a lot more in the future. So really Jodi Bitcoin is allowed in every country but it will not be possible to measure it. This bitcoin may then become the main way to buy and sell in each country.
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December 23, 2020, 12:44:48 PM
 #62

Looks like elon musk is cooking something since morning. We can't share his some tweets which in India might not be appropriate to share but you may check it on his Twitter account. If he is thinking to get some Bitcoin then we might see a buyer of billion dollars of Bitcoin. And this will be big for Bitcoin and crypto market. Let's hope for the best



GrayScale bought around 12000 BTC more yesterday worth $300 million.



So Bitcoin big move soon.
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December 23, 2020, 03:20:53 PM
 #63

We have been saying the same thing for years. Everything is digital in the world now. Why shouldn't the coins be digital?
Countries like Sweden have started to change and this will spread around the world.
 

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December 23, 2020, 03:51:00 PM
 #64

I believe in BTC and still believe in $100k BTC but everything has a ceiling, $100k from here is 5x and I don' think most investors would be contented with that forever, when BTC price hit its ceiling just like what happens to Gold and make Gold bug to keep dream and hoping for the price to move, this would happen to BTC and we will likely see a better version of BTC come to light this decade, which would give better Store of Value and Better returns that BTC

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December 23, 2020, 04:01:42 PM
 #65

How can you talk about the choice between virtual and real? It is simply impossible to give someone an advantage. Gold and bitcoin are completely different currencies in their structure.
Yes, that's right, gold and Bitcoin are very different currencies in their structure, and everyone is definitely not going to be the same structure of the two, if anyone does, it is ridiculous, and simply everyone obviously won't give someone an advantage. , but on the side which no one is aware of, they have benefited others, even though intentionally they did not exist.

I'm interested in your saying that Bitcoin and gold have provided many benefits for people without people realizing it. People only think about profit even though they don't remember that without Bitcoin and Gold maybe they still find it difficult to find food.

If it is from a profitable point of view for those who have it, it is clear that gold and bitcoin always make a good contribution to the holder, even though we know that they are two different systems between the visible and the invisible. but both are clearly very profitable and useful to many people. for those who want not to be at risk it is better to hold gold and if you want a challenge you can choose bitcoin.
all return to each other's personal which clearly both greatly contributed to the holder.

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December 23, 2020, 04:10:41 PM
 #66

If we see the recent crypto market we can easily guess that BTC is going to more popular day by day as it break all records of previous. Yes behind the popularity of BTC, is because of no middle man and no track record and finally easily handling. So i think its popularity will be increase day by day and no doubt here.
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December 23, 2020, 04:25:25 PM
Last edit: December 23, 2020, 04:45:02 PM by whyrqa
 #67

One way or another, today Bitcoin is already the king or pearl of the entire cryptocurrency market. But I will not compare Bitcoin to a pearl, as many did when they compared Bitcoin to gold. I suppose they have nothing in common at all. And if gold is a reliable store and has a certain amount in the world like bitcoin, the current pearl is deprived of such advantages.

#business #forextrader #bitcoinnews #invest
plvbob0070
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December 23, 2020, 04:41:39 PM
 #68

Bitcoin is a gem, and it already shows. It can give us convenience but not everyone is ready for it yet since a lot of people are still relying on paper money. If the government would adopt digital currency, they would start their own but I doubt that every government will accept bitcoin.

We have been saying the same thing for years. Everything is digital in the world now. Why shouldn't the coins be digital?
Countries like Sweden have started to change and this will spread around the world.
 
People are indeed adapting to technological changes but it is not that easy to do. Other countries may start digital currency but for other countries, it will be hard to follow so it will still take some time.
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December 23, 2020, 05:50:15 PM
 #69

If we see the recent crypto market we can easily guess that BTC is going to more popular day by day as it break all records of previous. Yes behind the popularity of BTC, is because of no middle man and no track record and finally easily handling. So i think its popularity will be increase day by day and no doubt here.
By looking at the conditions from day to day like that, of course I really hope that bitcoin can explode like in 2017,
and if this really happens, of course it will be great news for the world of cryptocurrency, let's see together what happens in the future

If what you say happens then it will be very good news for the crypto community. Bitcoin has already awakened a lot of people through the current up trend and new ath. Those who did not know about Bitcoin. The news about Bitcoin has also gone to them due to the rise of the current market. So we can expect Bitcoin to perform well in the days ahead.

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AjithBtc
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December 23, 2020, 06:25:16 PM
 #70

We can see the transition taking place from the traditional fiat towards bitcoin for regular as well as for investment purpose. Bitcoin has been getting more importance this year compared to the previous year.

During the previous bull trend people got to know about bitcoin, but the decline in the market further affected the adoption and usage. Now once again through the growth attained during the pandemic it has been visible to large number of people.

isaac_clarke22
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December 23, 2020, 06:54:50 PM
 #71

I call Bitcoin a gem. Because once paper money will have no value. The only reason behind not having the price of paper money. People's interest is changing day by day. Now people are leaning towards digital transactions. Now no one wants to do cash transactions. That is why the importance of cryptocurrency has increased a lot.
Bitcoin is a currency. Which you can use it for any purpose at any moment in any place. Just one transaction. In my opinion, the government of every country should give legitimacy to cryptocurrency. Has already given legitimacy from many countries.
Yeah many people claimed that already for many of years, even by its creation from 2009, some could've said the same already.
As what you mentioned about it getting legalized, many countries did it already. Some are still neutral to it though and some , on the other side, banned it for some safety reason of their citizen.
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December 23, 2020, 08:21:52 PM
 #72

Bitcoin is already a gem. Just that it still has a very long way to go in term of price increase. Bitcoin has gained the trust of major businesses and business owners all over the world. And people in government on their own personal individuals see Bitcoin as the next world big thing to happen. Governance corporate acceptability is all that remains for it now
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December 24, 2020, 12:53:25 PM
 #73

We all believe in blockchain technology and that's why we are here. Crypto currencies are a part of this technology and the most valuable part of it is Bitcoin. We will protect Bitcoin and continue to tell everyone  Wink

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December 24, 2020, 08:10:25 PM
 #74

First, Bitcoin is a true gem since time immemorial and the value keeps increasing each day, and this year alone, it showed to the world its true potentials. However, there are things we need to understand and that is, Fiat or paper money will never lose its value, that is, fiat will remain with us and will be used always because it has the backing of the government. Also, everyone is still doing cash transactions and it doesn't look like it's changing anytime soon but that will not limit the growth of Bitcoin. And lastly, it will be difficult for the government to give legitimacy to Bitcoin because it's out of their control.

The world's financial system has long been in need of a reboot. Bitcoin is in an ideal position to compete with paper money. It is a risk-free asset of the future. Digital currency will eventually replace conventional money. Technology does not stand still.
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December 24, 2020, 09:13:16 PM
 #75

I call Bitcoin a gem. Because once paper money will have no value. The only reason behind not having the price of paper money. People's interest is changing day by day. Now people are leaning towards digital transactions. Now no one wants to do cash transactions. That is why the importance of cryptocurrency has increased a lot.
Bitcoin is a currency. Which you can use it for any purpose at any moment in any place. Just one transaction. In my opinion, the government of every country should give legitimacy to cryptocurrency. Has already given legitimacy from many countries.
I think thread poster is talking with reference to fiat replacement yes bitcoin has this potential but personally i think at the moment it is more accepted as a store of value so it is kind of replacing gold and silver for now to be real fiat replacement it has to come up with efficient network and get rid of the scalability issues.

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December 24, 2020, 11:50:34 PM
 #76

Overall, in my opinion, this is not because they don't want to, but because not everyone understands / knows what crypto is. so they still use traditional money as a transaction tool. but as time goes by, I think people will need crypto. And I agree that Bitcoin is a profitable cryptocurrency asset.

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December 25, 2020, 02:32:10 AM
 #77

One way or another, today Bitcoin is already the king or pearl of the entire cryptocurrency market. But I will not compare Bitcoin to a pearl, as many did when they compared Bitcoin to gold. I suppose they have nothing in common at all. And if gold is a reliable store and has a certain amount in the world like bitcoin, the current pearl is deprived of such advantages.
You are right, bitcoin should not be compared to gold or gems.
If bitcoin, gold or gems have the same thing to store value then why should we differentiate?
Gold has its own market, gems has its own market and so does Bitcoin which has its own market, if all three of them have their own territory so we shouldn't need to mix them into one Smiley
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December 30, 2020, 06:46:56 PM
 #78

Now a day people’s interest in using digital transactions is growing. They shop more online than go to the mall. The US government has done to the precious metal and fiat market. But there are Some people who don't have believe in bitcoin. They call bitcoin a scam way to steal people's money. Which is very sad for me. I think Bitcoin is going to be the next gem which is just a matter of time.

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January 19, 2021, 07:35:38 PM
 #79

BTC is the King of all cryptocurrencies. But there are many countries that do not prohibit and do not order people to use BTC, but BTC there is growing faster and growing. Some people have been calling the digital gold too. It is becoming scarce every passing day.

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January 19, 2021, 09:23:40 PM
 #80

I call Bitcoin a gem. Because once paper money will have no value. The only reason behind not having the price of paper money. People's interest is changing day by day. Now people are leaning towards digital transactions. Now no one wants to do cash transactions. That is why the importance of cryptocurrency has increased a lot.
Bitcoin is a currency. Which you can use it for any purpose at any moment in any place. Just one transaction. In my opinion, the government of every country should give legitimacy to cryptocurrency. Has already given legitimacy from many countries.

bitcoin already become e gem now, and in this digital era, seems all people need to know how to make a transactions with bitcoin
because its easier and transparent, i believe in the next couple of years we will see bitcoin become acceptable in most of countries in this world

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