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Author Topic: Please, I urge you to buy bitcoin!  (Read 1225 times)
Betwrong
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May 07, 2024, 07:58:09 AM
 #101

I really love all the discussion. I feel like this kind of discussion can open up doors to talking about how crazy it is we can easily just buy this stuff!

I fear there will be a day when buying Bitcoin...even 1 Satoshi...will involve hurdles.

I'm not saying it won't be accessible everywhere, and to everyone, but I'm just worried for what it will look like when 8 billion people finally understand the concept of Bitcoin, and the community on this forum.

Is it even possible? I mean, can 8 billion people understand anything? Or agree on anything? I'm not sure about this. But if, by some miracle, that happens, the price of 1 BTC can be indeed over $1 million, as some optimists predicted years ago. Those who seemed crazy even by some members of this community will turn out to be right. To be honest, I personally can't wait for that to happen.

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May 07, 2024, 08:17:47 AM
 #102

I really love all the discussion. I feel like this kind of discussion can open up doors to talking about how crazy it is we can easily just buy this stuff!

I fear there will be a day when buying Bitcoin...even 1 Satoshi...will involve hurdles.

I'm not saying it won't be accessible everywhere, and to everyone, but I'm just worried for what it will look like when 8 billion people finally understand the concept of Bitcoin, and the community on this forum.

Is it even possible? I mean, can 8 billion people understand anything? Or agree on anything? I'm not sure about this. But if, by some miracle, that happens, the price of 1 BTC can be indeed over $1 million, as some optimists predicted years ago. Those who seemed crazy even by some members of this community will turn out to be right. To be honest, I personally can't wait for that to happen.
1 btc could be $1 million but that would be a long wait, doubt anyone would have the patience to hold until then. But for those who are patient enough to hold Bitcoin until then, it will definitely be good and profitable. I myself encourage everyone to invest in Bitcoin for the long term if anyone has the ability to invest for the long term.


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May 07, 2024, 08:24:04 AM
 #103

I really love all the discussion. I feel like this kind of discussion can open up doors to talking about how crazy it is we can easily just buy this stuff!

I fear there will be a day when buying Bitcoin...even 1 Satoshi...will involve hurdles.

I'm not saying it won't be accessible everywhere, and to everyone, but I'm just worried for what it will look like when 8 billion people finally understand the concept of Bitcoin, and the community on this forum.

Is it even possible? I mean, can 8 billion people understand anything? Or agree on anything? I'm not sure about this. But if, by some miracle, that happens, the price of 1 BTC can be indeed over $1 million, as some optimists predicted years ago. Those who seemed crazy even by some members of this community will turn out to be right. To be honest, I personally can't wait for that to happen.
The 8 billion people are too large a number to agree on a thing, even a million is an issue. There will be disparities among such a large number so I will not pretend on that here. Aside from that, I think we should live in the present and not in the future, especially when the future is too outrageous. Bitcoin reaching a $1,000,000 price is too outrageous to me and I wonder what the world leader would be looking for Bitcoin to reach that inflationary level, this will cause another issue for it if care is not taken. Have you ever thought of the reason why Gold has such a huge market capitalization but maintains a low price? It's because it was well-planned from the beginning, unlike Bitcoin which was just structured by Satoshi. A lot of things related to economics were not planned but just for it to continue to increase in price and people make more money, just because of the way it was structured.

Gold was compressed but Bitcoin was never compressed, and if it is reaching a too high level, you might see some regulations in that regard. That's by the way. One thing I will continue to consider before I can believe that Bitcoin will reach a far high level like that is for it to first breach $100,000 and hold above. Then $150,000, and $200,000 and $250,000. If the asset can do that consistently, then I might begin to believe that it can reach $1,000,000 in a matter of time, maybe in decades. But for now, I would like to live in the present reality and not in my dream world. I even wonder where it will gain such a huge liquidity to achieve that huge climb.

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May 08, 2024, 04:29:00 AM
 #104

I really love all the discussion. I feel like this kind of discussion can open up doors to talking about how crazy it is we can easily just buy this stuff!

I fear there will be a day when buying Bitcoin...even 1 Satoshi...will involve hurdles.

I'm not saying it won't be accessible everywhere, and to everyone, but I'm just worried for what it will look like when 8 billion people finally understand the concept of Bitcoin, and the community on this forum.

Is it even possible? I mean, can 8 billion people understand anything? Or agree on anything? I'm not sure about this. But if, by some miracle, that happens, the price of 1 BTC can be indeed over $1 million, as some optimists predicted years ago. Those who seemed crazy even by some members of this community will turn out to be right. To be honest, I personally can't wait for that to happen.
1 btc could be $1 million but that would be a long wait, doubt anyone would have the patience to hold until then. But for those who are patient enough to hold Bitcoin until then, it will definitely be good and profitable. I myself encourage everyone to invest in Bitcoin for the long term if anyone has the ability to invest for the long term.
Don't  doubt everyone because for sure there will be strong hands that willing to wait till that comes as we have
witnessed some old holders from bitcoin valuing 2 digits and keeps their holding upto now so what more those who
can wait till it reached 7 digits?  itmay take a long time but when others carry waiting for 14 years now so what
more the another 14 years left?

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May 08, 2024, 07:24:28 AM
 #105

I will just sell today and hoping that I have fiat to buy again tomorrow, but procrastination will play in, and I will forget about buying and eventually the price will abnormally rise and I will miss out the opportunity. If you look back the wallets you have used in the past, you will regret how you spent your BTC in the past.
I suggest that you set the prices you want to buy or sell in a few moments before you want to buy. I usually stick with what I have set for myself and I rarely don’t change it no matter how crazy the market becomes.

I don’t think of ‘what if’ questions like what if what I had invested in was not enough or maybe it’ll rise more. Just go buy at your own pace and everything shall follow.

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May 08, 2024, 05:31:53 PM
 #106

Is it even possible? I mean, can 8 billion people understand anything? Or agree on anything? I'm not sure about this. But if, by some miracle, that happens, the price of 1 BTC can be indeed over $1 million, as some optimists predicted years ago. Those who seemed crazy even by some members of this community will turn out to be right. To be honest, I personally can't wait for that to happen.
1 btc could be $1 million but that would be a long wait, doubt anyone would have the patience to hold until then. But for those who are patient enough to hold Bitcoin until then, it will definitely be good and profitable. I myself encourage everyone to invest in Bitcoin for the long term if anyone has the ability to invest for the long term.
No one can hold it forever, that is logically not possible because everyone will have to sell their holdings at some point, besides, what makes you think people will keep holding when they see the price has reached as high as $200k per Bitcoin? And that isn't even near $1m. So, it's not possible for people having or holding bitcoins right now to keep holding them until their price reaches $1m sometime in the distant future.

The market goes high, old people will sell, new people will buy from them, they hold until next time the market goes up, they sell again and new investors will buy from them, that is how the market works and that is now it grows. So, the holders will always keep changing, and even if they don't they will have to sell and buy again later on.

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May 09, 2024, 01:37:49 AM
 #107

Why do people go into Bitcoin investment with setting up an emergency fund or a form of reserve to take care of expenses and emergencies when they arise, because surely emergencies will arise in the long run and without the availability of an emergency fund, one's Bitcoin holdings would be the only option available, and when one always run to their holdings to sort out other expenses, the value and strength of your holding would drastically become weaker and this isn't good for investment.
People should always prioritize setting up emergency funds to avoid scenarios such as this.
Having emergency funds is of course very important if we want the investments we make to run well, because if we don't have funds that we can use for emergency needs and suddenly we need them while investing, of course we have to take out some of the investments we have. before achieving the investment target that we are carrying out, if we are in a profitable situation, of course it is not a problem, but if we are in a market condition that is experiencing a correction, of course this will be detrimental to us, yes, everyone must first prepare the funds so that they do not experience any problems. when making investments.

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May 09, 2024, 04:07:56 AM
 #108

Having an emergency fund is good for everyone and no one can tell when there may be a bad situation. Investment plan should be kept aside for emergency fund. Investment gives good long-term profits if you break the investment in case of emergency then you will incur losses which you cannot recover easily. The differences in the prices of coins for investing in cryptos are not easily understood and their value increases over the long term.

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May 09, 2024, 05:38:33 AM
 #109

Why do people go into Bitcoin investment with setting up an emergency fund or a form of reserve to take care of expenses and emergencies when they arise, because surely emergencies will arise in the long run and without the availability of an emergency fund, one's Bitcoin holdings would be the only option available, and when one always run to their holdings to sort out other expenses, the value and strength of your holding would drastically become weaker and this isn't good for investment.
People should always prioritize setting up emergency funds to avoid scenarios such as this.
Having emergency funds is of course very important if we want the investments we make to run well, because if we don't have funds that we can use for emergency needs and suddenly we need them while investing, of course we have to take out some of the investments we have. before achieving the investment target that we are carrying out, if we are in a profitable situation, of course it is not a problem, but if we are in a market condition that is experiencing a correction, of course this will be detrimental to us, yes, everyone must first prepare the funds so that they do not experience any problems. when making investments.
The emergency fund and reserve funds are just as crucial to an investor as much as his investment is to him because having an emergency fund not only gives him peace of mind but also give an investor some sort of immunity and also helps them to avoid making hasty and rash decisions when the market is volatile and fluctuating.
An investment is never complete without an emergency fund because while you're busy accumulating bitcoin, emergencies would surely arise in the long run and if there's no way to cover these unforeseen occurrences, then one can never be guaranteed of the smooth running of his investment.

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May 09, 2024, 05:51:43 AM
 #110

Having an emergency fund is good for everyone and no one can tell when there may be a bad situation. Investment plan should be kept aside for emergency fund. Investment gives good long-term profits if you break the investment in case of emergency then you will incur losses which you cannot recover easily. The differences in the prices of coins for investing in cryptos are not easily understood and their value increases over the long term.
maintaining an emergency fund separate from your investments. It's a wise move to ensure financial stability, as investments are meant for long-term growth and breaking them in emergencies can lead to losses. Understanding the complexities of cryptocurrency prices and their long-term value is key to making informed investment decisions.
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May 09, 2024, 06:21:12 AM
 #111

I will just sell today and hoping that I have fiat to buy again tomorrow, but procrastination will play in, and I will forget about buying and eventually the price will abnormally rise and I will miss out the opportunity. If you look back the wallets you have used in the past, you will regret how you spent your BTC in the past.
In the past, we all made mistakes and currently having different phases in the market. Not to panic but to invest in the market. Bitcoin is here to stay and the earlier we start accepting the fact to invest in the project, the better. We have opportunities right infront of us and we should not create any room for relenting efforts. We should be patient and invest in bitcoin because it's one of the promising project in the market and a long-term project to comprehend.

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May 09, 2024, 10:50:41 AM
 #112

I really love all the discussion. I feel like this kind of discussion can open up doors to talking about how crazy it is we can easily just buy this stuff!

I fear there will be a day when buying Bitcoin...even 1 Satoshi...will involve hurdles.

I'm not saying it won't be accessible everywhere, and to everyone, but I'm just worried for what it will look like when 8 billion people finally understand the concept of Bitcoin, and the community on this forum.
Is it even possible? I mean, can 8 billion people understand anything? Or agree on anything? I'm not sure about this. But if, by some miracle, that happens, the price of 1 BTC can be indeed over $1 million, as some optimists predicted years ago. Those who seemed crazy even by some members of this community will turn out to be right. To be honest, I personally can't wait for that to happen.
I really do not think so at all. We are talking about a world where there are tens of millions of people all around the world who do not have access to clean water. I mean we are talking about water here, the most basic human need after breathing, and we do not even have that for many people. So to say that we are going to see all 8 billion finally going into crypto, that would be of course not possible.

However, we could definitely consider the fact that we are going to end up with something much better which would be more people than today, that's all we need to have. If we have more people tomorrow than today, then that would be good for bitcoin because it means more people joined and if we have even more the next day then we are on a good trajectory.

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May 09, 2024, 12:36:34 PM
 #113

There is absolutely still more than enough bitcoin to go round and everyone can still own bitcoin.
From the title, I think I agree with op that everyone should own bitcoin no matter how little or small it might be, everyone should rather own bitcoin and preserve their future as bitcoin is already proving to be one of the safest way to survive the future.

On the other hand, I also think a lot of people who who about bitcoin, don’t also own a fraction of it and this isn’t because isn’t because they don’t want to own a portion, but because I can’t afford it and you’ll agree with me that there are people who know so much about bitcoin but don’t have the money to buy or even hold.

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moneystery
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May 09, 2024, 12:57:37 PM
 #114

each person may have their own views on bitcoin, so even though it has good potential in the future and buying it is a good thing, not everyone has the same thoughts on bitcoin, maybe there are those who have a good perception of bitcoin but there are also  who have a bad perception of it.  so there is no need to be surprised that there will be people who refuse to buy bitcoin because they think that it is not profitable for them at all.

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May 09, 2024, 01:21:32 PM
 #115

^^^ With 8 billion people on Earth, that's (on average) 262500 satoshi's per person. Plenty enough to do business with.

Cool
Perfect answer.

However, Bitcoin is still accessible to everyone, and anyone can accumulate it. Likely, you bought Bitcoin and want a quick pump. A lot of people in the world still don't know what Bitcoin is. Only a few people are aware and are accumulating as well. More people coming to Bitcoin means more value. 
Well yeah you said it right. Majority of people are still not aware of Bitcoin and that is what makes us enthusiasts unique since we are here on this strange kind of industry but one thing is for sure adoption is going up slowly but surely. Bitcoin also is a bit expensive for an average guy and I think majority cannot afford to buy it for sure.



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CageMabok
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May 09, 2024, 01:55:49 PM
 #116

Having an emergency fund is good for everyone and no one can tell when there may be a bad situation. Investment plan should be kept aside for emergency fund. Investment gives good long-term profits if you break the investment in case of emergency then you will incur losses which you cannot recover easily. The differences in the prices of coins for investing in cryptos are not easily understood and their value increases over the long term.
More precisely, you should mention Bitcoin as an investment that can be profitable in the long term because if you only mention coins in crypto, some beginners who want to invest in crypto may feel confused in choosing because now there are many coins in the crypto space. So those who are just getting to know Bitcoin will certainly have more questions in their heads, although everyone who wants to invest is required to do research first, especially if that person is still a beginner in crypto investment.

maintaining an emergency fund separate from your investments. It's a wise move to ensure financial stability, as investments are meant for long-term growth and breaking them in emergencies can lead to losses. Understanding the complexities of cryptocurrency prices and their long-term value is key to making informed investment decisions.
It would be very good if each fund was saved separately for each thing, including for investments and also for reserve funds that will be used for emergencies. Because when every fund we need is stored separately and used when the time comes, of course it won't be a hassle for us as fund owners so that everything we want to carry out can always run smoothly without any obstacles from the slightest thing.

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May 09, 2024, 02:36:49 PM
 #117

First post on the forum, cant believe it took me so long. Hi everyone, hope all is well in Bitcoin land.

As for the topic of the post...I plan to do exactly that. No intention to spend or squander, these are for my children and my childrens children!

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May 09, 2024, 03:29:21 PM
 #118

There is absolutely still more than enough bitcoin to go round and everyone can still own bitcoin.
From the title, I think I agree with op that everyone should own bitcoin no matter how little or small it might be, everyone should rather own bitcoin and preserve their future as bitcoin is already proving to be one of the safest way to survive the future.

On the other hand, I also think a lot of people who who about bitcoin, don’t also own a fraction of it and this isn’t because isn’t because they don’t want to own a portion, but because I can’t afford it and you’ll agree with me that there are people who know so much about bitcoin but don’t have the money to buy or even hold.
I support the view that everyone should own bitcoin because its potential is huge , but to say that bitcoin is proven and that it can preserve our future is a bit of an exaggeration . Bitcoin has only existed for 15 years and that is not enough to prove anything , not to mention it is not yet popular and accepted worldwide. There is still a lot of controversy surrounding bitcoin and that is why I say that the potential of bitcoin is huge, but there are no guarantees .

It is true that there are many people who want to invest in bitcoin but because economic conditions do not allow them to invest in bitcoin . But it's never too late to invest in bitcoin and they can invest whenever they want, so if they are really determined to own bitcoin , there will always be a way.

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RockBell
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May 09, 2024, 04:51:10 PM
 #119

each person may have their own views on bitcoin, so even though it has good potential in the future and buying it is a good thing, not everyone has the same thoughts on bitcoin, maybe there are those who have a good perception of bitcoin but there are also  who have a bad perception of it.  so there is no need to be surprised that there will be people who refuse to buy bitcoin because they think that it is not profitable for them at all.
Everyone is entitled to what they believe about bitcoin, am very sure till now, there are people that don't believe in Bitcoin. And you won't blame anyone they act according to what they understand and the information they have heard. And the kind of potential that bitcoin has even if you explain to people if not that they understand. They won't really take it seriously.

And when they see that the price is going up or something good is happening they will want to discourage people that already involved in bitcoin so everything will now depend on wether you will listen to there discouragement or go ahead with your investment.

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