Why Bitcoin is a Massively Underrated Opportunity in Today’s Macroeconomy

[Ayiranorea]

Bitcoin isn't underrated, people doesn't know the real value of bitcoin. People always find the market to be risk free. This isn't possible with cryptocurrency. The risk keeps large scale networks away from the bitcoin. Now the institutional investors are pouring the money into bitcoin experiencing the inflation of fiat around the globe.

[Casdinyard]

Bitcoin isn't underrated, people doesn't know the real value of bitcoin. People always find the market to be risk free. This isn't possible with cryptocurrency. The risk keeps large scale networks away from the bitcoin. Now the institutional investors are pouring the money into bitcoin experiencing the inflation of fiat around the globe.

The reason behind this, are misconceptions about its market value. This technology left an image to those who are not that knowledgeable, as a gateway to be rich. More of an idea that investing into Bitcoin and other cryptos, will give assurance that profit will be earned. So why is it not still getting that much attention to majority of the people!? because there are also impressions of it as a "scam" or fraud as it is being used in schemes to fool people. Also, the nature of market value of cryptos are unpredictable wherein market prices do suddenly fall, which contradicts the early assumptions of easy profit.

[doomloop]

I wouldn't say "underrated", we are in a 300+ billion dollar market right now and to call that underrated would be not ideal. I would say we could still grow bigger and we are underrated in the sense that we have even bigger future than what we have right now which could be considered being underrated, but to give the idea that we are underrated because we are not doing well at all, I assume it will sound like we are at zero capacity right now.

I would say we are above 20% right now as it is, growing bigger exponentially is possible but to assume we are at the start would be wrong as well. We are nearly at 20 thousand dollars, even at 100k that would be 20% of the price already covered here and at 20% we are already ahead of the first steps we should be taking. So, I assume it is not as underrated as you might think.

[amishmanish]

That is one long ass article Stan. I am only halfway through yet and finding it quite informative and the views expressed seem solid. Thanks for sharing. Would you care expanding on this quote from the article. This is something retail investors should be educated about. Just a bit of explanations in this quote would suffice:

It is theorized that these investors have an outsized impact because online brokerages like Robinhood are selling their order data in real-time to hedge funds like Citadel, who are leveraging high-frequency trading bots to front-run the retail investors, amplifying their impact on price in the process.

[fiulpro]

The article is very good but extensively long therefore maybe you would like to write the main points upfront so that people can have like a summary.

I do believe that Bitcoins is actually even one step ahead of our everyday technology and in this world there are not just people of our age , but other people too who might be conservative, don't know how to use it, would prefer investments like Gold etc. When it comes to cryptocurrencies like Bitcoins it's more of a personal preference and not necessity, therefore if these people are skipping it I believe this is really normal.

But I do think that now it's getting the recognition it deserves , media , news , companies, retirement plans , etc .. everything have started integrating them with Bitcoins so I believe this is really good.

[tbterryboy]

In order to fully comprehend the power of crypto, you first need to understand who it helps and who it bothers at the same time. Why did some nations banned it? Because crypto gives power to people that would be capable of getting rich and powerful without need of their government and their huge corporations.

Someone who buys bitcoin, who earns money in bitcoin, could get richer with the rich people, there is no discrimination against any race, age, nationality, religion or anything in crypto, its simply just a code. So you can be a black in America, or Algerian in France, or any other minority in the world and instead of looking down on you like the traditional markets may do, it will instead will help you get away from those markets. Hence, this is an invention (crypto) that helps people who need help and hurt people who hurt.

[Mauser]

In order to fully comprehend the power of crypto, you first need to understand who it helps and who it bothers at the same time. Why did some nations banned it? Because crypto gives power to people that would be capable of getting rich and powerful without need of their government and their huge corporations.

Someone who buys bitcoin, who earns money in bitcoin, could get richer with the rich people, there is no discrimination against any race, age, nationality, religion or anything in crypto, its simply just a code. So you can be a black in America, or Algerian in France, or any other minority in the world and instead of looking down on you like the traditional markets may do, it will instead will help you get away from those markets. Hence, this is an invention (crypto) that helps people who need help and hurt people who hurt.

I understand your point of discrimination in todays world still being present. But in the online world we are not looking at race or color. I would everyone who wants to invest recommend to go into cryptosm currencies. But if you only try to avoid prejudice from other people you don't need to go explicitly in cryptos. When starting to invest with an online broker no one is going to see your race or color too. The Internet and trading online is so anonymous these days.

[Kakmakr]

Man, I would have given you at least 10 merit points if I had proof that you were the author of that article. (but I guess, you not to worried about that)

What a mouth full..... but worth the read. It really puts everything into perspective and it blows several holes into the "Toilet paper money printing machine" 

I like how you tackled the problems with the fiat system and also other investment options and then ended with the Bitcoin alternative. That is how I teach my employees... "Do not come with a problem, without a possible solution.... think for yourself" 

Great work and well done on an excellent article. 

[MCobian]

Many underestimate Bitcoin because the government does not support Bitcoin, and its volatile price makes Bitcoin even more
risky to become an asset. Eventually the rich underestimated the future of Bitcoin too,  but Bitcoin proved to be the best asset
this year with its price going up to a new all time high. Even though this year there was a pandemic, it did not stop Bitcoin from
continuing to rise in price. Finally, several large companies and rich people began to be interested in investing in Bitcoin, so the
price of Bitcoin increased very quickly near the end of the year.

[Paycoinzzz]

I believe its value is not low now, it is exactly worth it. You know, when a valuable asset is not controlled by anyone, it is priced by the crowd and this is its present value.
Obviously we know it is rare, but we cannot value it with practical evidence. So I think all the idea of underestimation is a misconception.

[Silberman]

You can explain it as long as you want but at the end of the day we are talking about something that we crypto people know already and not shocking to us, this needs to catch the eye of some people who have money to invest but not involved in crypto right now.

The reason for that is crypto people are already here on bitcointalk where you share, we already know that bitcoin and few other good altcoins are great investments for us, and we should put our money into it because we believe in it, however this is promoting crypto as well so there is really no reason to do it to us. BUT! if you do it to people who are on like .. wall street maybe? I don't know rich people who are looking for profits, and convince them with it, that would actually make a lot of sense.

I also really doubt that there is a lot of people with a significant amount of money that have not heard of bitcoin at least once, in my opinion they are not the problem because they are on their right to invest in this market or not if they want, the problem is the average person, they do not have savings so in their minds bitcoin offers nothing different than any other investment opportunities since they cannot take advantage of it, and when it comes to bitcoin as a currency they do not see any advantage either because they do not care about being their own banks.

[AndySt]

I also really doubt that there is a lot of people with a significant amount of money that have not heard of bitcoin at least once, in my opinion they are not the problem because they are on their right to invest in this market or not if they want, the problem is the average person, they do not have savings so in their minds bitcoin offers nothing different than any other investment opportunities since they cannot take advantage of it, and when it comes to bitcoin as a currency they do not see any advantage either because they do not care about being their own banks.

The average person does not have to navigate the intricacies of markets like professional investors or rich members of society who are engaged in increasing their capital. A simple person does not want to lose their last savings in the event of an unsuccessful investment, and therefore, in the absolute majority of cases, the choice will be made in favor of familiar and understandable financial instruments. Also, do not forget about the current epidemiological situation, which has put many households on the verge of physiological survival and also does not contribute to the emergence of thoughts about investment.

[Latviand]

You are right, it's greatly undervalued, but its value is based on people's perception. How do you value something that isn't physical and that another person cannot value for you? For instance, stocks have their IMO price and knowing the value of the company and their yearly revenue you can decide whether it's a good or a bad price. Bitcoin doesn't have anything like this, that's why many people think it's overvalued and in a bubble, while in reality it is not.

If people really don't understand the nature of bitcoin and how it works, they will probably make a lot accusation towards it.

Bitcoin needs to prove to them that it is a guaranteed asset for investment and trusted asset in the market.

It is treated like a useless currency because they are not seeing it physically and scams are destroying its reputation, but we need to change that mindset and start moving.

[tbterryboy]

I understand your point of discrimination in todays world still being present. But in the online world we are not looking at race or color. I would everyone who wants to invest recommend to go into cryptosm currencies. But if you only try to avoid prejudice from other people you don't need to go explicitly in cryptos. When starting to invest with an online broker no one is going to see your race or color too. The Internet and trading online is so anonymous these days.

The idea of not having any type of discrimination is a whole economic thing and not just an online thing. Sure you could be anyone ever and if you can manage to build a good online business you could definitely do so if you want to, however the economics of it still required to be in the physical world as well.

Do you really imagine if Jeff Bezos was black he could have gotten this big? He would have been still trying to get a loan together to continue this job, dude didn't made a profit for over a decade and still grew bigger thanks to reinvesting everything he made into his business and had loans lined up to help him continue operations, discrimination happens there, not while making few thousand dollars or even maybe few million dollars. In crypto we will ignore all of that.

[Silberman]

You are right, it's greatly undervalued, but its value is based on people's perception. How do you value something that isn't physical and that another person cannot value for you? For instance, stocks have their IMO price and knowing the value of the company and their yearly revenue you can decide whether it's a good or a bad price. Bitcoin doesn't have anything like this, that's why many people think it's overvalued and in a bubble, while in reality it is not.

If people really don't understand the nature of bitcoin and how it works, they will probably make a lot accusation towards it.

Bitcoin needs to prove to them that it is a guaranteed asset for investment and trusted asset in the market.

It is treated like a useless currency because they are not seeing it physically and scams are destroying its reputation, but we need to change that mindset and start moving.

Then those people are missing the point of what an investment is, investing in something once it has been completely proven and made safe is the moment when that asset will only give marginal profits, for an investor the moment to invest in something is when you realize the asset has potential and it is relatively unknown, bitcoin despite its fame and how many people know about its existence has a wide gap between that and the actual number of people that use it so it is still early enough to invest in it but those people seem to not understand this fact.

[AicecreaME]

Bitcoin is indeed underrated in the field of macroeconomic. A lot of people aren’t knowledgeable enough about it. Most people just know the “bad sides” of bitcoin because of fake news and scams made by scammers (not totally related to bitcoin community). In addition, it just doesn’t ring a bell and enticing to be explored on by some random people on the Internet. Hence, making bitcoin less known compared to other central organizations when it comes to investing.

However, during this past few months bitcoin’s value has been thriving which made a noise to the mainstream media. It is a good thing, but the normal people reading it must always be wary of the people who just want to take advantage and not totally help them. Bitcoin offers so much opportunity for all. It’s open whether you are poor, average, or rich. It is a great proposition to be invested on, yet majority is still sleeping on it. Perhaps it’s really all about individual’s awareness, eagerness to learn, and determination to generate income and profit to make it more known and be the next big thing.

Branches can make more branches. We can start by helping someone who is into investing and they could share it too with other persons they know.

[Mauser]

It's hard to put an exact value on bitcoins because the prices are fluctuating fairly often these days. In my opinion I also think that bitcoins are still underrated. A price of BTC of 21,000 USD seems too high for some people, but there are still investors buying more. There is Jo fixes price because there is no real cap on how high bitcoins can rise. If seems very likely we will see higher rising prices in the near future.

[Pokapoka124]

The problem is that ordinary people may not be financially literate or don't have the money to invest. They just take the monthly paycheck and have a little bit of savings (or none at all). I still think the best investment for average people is investing in themselves and their skills to earn more money.

This reminds me of Robert Kiyosaki's book "Rich dad Poor dad". Truth is such people rather settle for a pay check and do not take the necessary steps to improve themselves. They stay on a job because its safe to do so and miss out on everything else.

[Silberman]

It's hard to put an exact value on bitcoins because the prices are fluctuating fairly often these days. In my opinion I also think that bitcoins are still underrated. A price of BTC of 21,000 USD seems too high for some people, but there are still investors buying more. There is Jo fixes price because there is no real cap on how high bitcoins can rise. If seems very likely we will see higher rising prices in the near future.

And we have, now the price is above 23k and it seems that it is going to keep raising for some time but this fast growth has me worried we know the whales have a tendency to play with us so small traders could be deceived by one of their tactics, I do not why but I get the impression the whales are preparing themselves to make a movement, this year we have sen a dynamic similar to what happened during 2017 and it is possible we see a repetition of its outcome as well.