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Author Topic: What is the most optimistic result of Bitcoin?  (Read 877 times)
radjie
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June 20, 2021, 02:58:45 PM
 #61

the most optimistic result of bitcoin is that it has made our finances very good, and other optimistic results as well as an asset, bitcoin is very good to use as an asset, because if we use it as a legal tender, it is very difficult for us to control, let fiat be a tool legal payments, and bitcoin becomes an asset for us..

Bitcoin is indeed much better if used as a store of value, we don't expect Bitcoin to be legalized because there will be pros and cons if that happens, one of which may be that the fiat function will gradually be replaced if that happens and everyone will feel comfortable using Bitcoin payments

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June 21, 2021, 06:05:45 AM
 #62

The best result is that after about ten years, gold will plummet for some reason, regain its industrial status, completely lose its hard currency status (including all precious metals), and fiat currencies will depreciate due to the economic crisis, and only virtual currencies will become Bitcoin is the dominant currency in the hard currency that can allow all mankind to reach a consensus.
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June 21, 2021, 05:12:04 PM
 #63

the most optimistic thing is that the price must return to its original state, and if this does not happen then everyone will feel pessimistic about the price dropping and less stable like before. itself, so that people will return to optimism as before. because optimism is very important for bitcoin investments
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June 23, 2021, 01:07:15 PM
 #64

Where there are countries that are accepting bitcoin as their fiat currency, I am sure that soon a day will come when the rest of the world will follow in their footsteps.
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August 02, 2021, 09:43:30 AM
 #65

Where there are countries that are accepting bitcoin as their fiat currency, I am sure that soon a day will come when the rest of the world will follow in their footsteps.
please can you outline the countries that have accepted bitcoin as they dominant currency, aside from El Salvador. most of the countries around the world are still trying to regulate cryptocurrency which is not a simple task because of crypto decentralized nature.
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August 02, 2021, 03:42:49 PM
 #66

I think the most optimistic outcome for Bitcoin would be to return to its roots, which is to play to the nature of bitcoin as a currency, as the opposite of global fiat currencies, coexisting with global fiat currencies and ready to replace the declining credit of fiat currencies, such as overissued US dollars.
If me as long bitcoin is still have it's community, and a lot of people start to adopt, learn and using it no matter what is their purpose. I think already be ok for me because demands will still created and bitcoin will have it's value.

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August 03, 2021, 01:48:40 AM
 #67

Everyone has their own opinions and expectations. Their positions and angles are different, and their desired results are different.
  • For traders, the most optimistic is that the price of Bitcoin fluctuates greatly, and can obtain profits from buying and selling Bitcoin by analyzing the volatility trend.
  • For Bitcoin believers, it is hoped that bitcoin can be bought at the lowest price, and the price will continue to show an upward trend.
  • For exchanges, the most optimistic result is that more people can invest and trade Bitcoin, the number of participants continues to increase and the frequency of transactions is getting higher and higher, they make money from it.
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August 03, 2021, 02:13:31 AM
 #68

I think the most optimistic outcome for Bitcoin would be to return to its roots, which is to play to the nature of bitcoin as a currency, as the opposite of global fiat currencies, coexisting with global fiat currencies and ready to replace the declining credit of fiat currencies, such as overissued US dollars.
In this way, Bitcoin is slowly moving in an optimistic direction. Although the price of Bitcoin is slowly rising, there is still a gap with the previous peak period. This will take some time. Compared with before, Bitcoin has also been set as legal tender. , Bitcoin will definitely develop better in the future!
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August 03, 2021, 05:09:07 AM
 #69

People know how to deal with risks and how to manage their assets effectively. Nowadays, it is essential for an individual to secure his future and adopt the things that is evolving around him.

I'm proud and I believe that bitcoin can do more to us, bitcoin prove many things that will make people to also adopt it.

The most optimistic result of bitcoin for me is that it provides me financial freedom that I can't have in other currencies.

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August 03, 2021, 05:32:42 AM
 #70

People know how to deal with risks and how to manage their assets effectively. Nowadays, it is essential for an individual to secure his future and adopt the things that is evolving around him.

I'm proud and I believe that bitcoin can do more to us, bitcoin prove many things that will make people to also adopt it.

The most optimistic result of bitcoin for me is that it provides me financial freedom that I can't have in other currencies.
Providing financial freedom is truly the most favorable outcome of the bitcoin. People had only one choice for usage before the existence of cryptocurrency, that is the traditional fiat. Now traditional fiat has got the digital form which has made people use them over crypto for its reduced withdrawal fee. Most favorable result out of my view is the anywhere access and it's growth in very short time period.

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August 03, 2021, 09:41:44 AM
 #71

The most optimistic result is that it can take advantage of the properties of Bitcoin currency and coexist with the legal currencies of all countries in the world. Bitcoin is traded in the network system, which is easy to store and circulate. The total amount of bitcoin is fixed and will not be overissued at will, with stronger security than fiat currencies. Bitcoin is now used as currency in many places. It is believed that with the strengthening of consensus, the attributes of Bitcoin currency will gradually strengthen.

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August 03, 2021, 04:10:15 PM
 #72

In fact, we have gotten a lot of optimistic results from bitcoin, starting from promising investments, we can also use bitcoin as an exchange, and bitcoin is also a currency in digital, for sure bitcoin always coexists with fiat currency, we can always exchange whenever we want

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August 03, 2021, 04:42:07 PM
 #73

I personally think that the result of optimism is that Bitcoin has entered a mature stage, and has no longer soared and plummeted. Like today's gold, it has become a stable investment product. At that time, I think the btc price is about 10 times higher than it is now. With the relaxation of policy supervision, the public has become more and more aware of it, and its market value continues to increase, and its volatility will eventually become smaller and smaller. This state is defined by me as the "eternal bull market", although the eternal bull market will inevitably no longer have the myth of wealth.
I think it's also like that, bitcoin has shown its credibility now it has also shown prices that are starting to be quite stable, the decline is not too sharp and the increase is reasonable. So it's very good to be made as an investment for investors who usually hold gold..but I hope the future of bitcoin remains in our hands.

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August 03, 2021, 04:53:39 PM
 #74

It is already a currency between major people who wish to accommodate Bitcoin as a payment option for their goods and those who are spending it to purchase those goods from the people accepting it. However, the volatility of Bitcoin is on a high scale for any country to accept it as a legal currency replacing their traditional owned currency. The best any country can do is to follow the same principle as El Salvador. The most optimistic result so far has to be fact that it is a powerf house of transaction involving only the receiver and the sender without the interference of third parties.

as you said it's true and I'm not criticizing it. but to be a valuable asset or a kind of stock that can be bought and sold in the market and worth more, I think it's very good and optimistic. Moreover, it can be used as a medium of exchange in large companies.
bitcoin will be the largest asset that will be adopted by countries, although it is still resisting.

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August 04, 2021, 07:31:54 AM
 #75


1.For believers like me, I hope that Bitcoin will rise in twists and turns, and the price will tend to balance, and become the world's super-sovereign currency.

2.For people like Musk, the greater the volatility of Bitcoin, the better. They can use their speech to cause panic and make more money.

3.For speculators, it is hoped that Bitcoin will rise and fall at will according to their wishes. In the end, they are all small sheep waiting to be slaughtered.

4.For the exchange, the most optimistic is that the number of participants is large, the transaction frequency is high, and they can work hard to make money on new projects.

5.For those who did not participate, the most optimistic result was that someone developed an elliptic curve password cracking formula, and then Bitcoin plummeted and they quickly proved how wise they were not to participate.

I personally think that the optimistic result is that Bitcoin has entered a mature stage without skyrocketing or falling. I hope this is the arrival of a new generation, and I am looking forward to it.
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August 04, 2021, 07:54:43 AM
 #76

bitcoin doesnt need to return to its original phase because it didnt move anywhere but btc is still btc and until now lots of people are using btc as a means of currency .
 this could be one of the optimisitc result of btc but there are others like the growth of btc price or the adoption that it recieve . also people are optimistic when they saw this achievements made by btc . this makes them trust and invest more
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August 04, 2021, 09:34:09 AM
 #77

Only the optimistic result of Bitcoin?? I think of 2 scenarios

1. Bitcoin will go to the moon reaching prices like $100k, $300k, $500k and soon a million per BTC. I know that it sounds very optimistic but hey... that is what I see Cheesy.
2. More establishments, more business, more stores and more people will accept Bitcoin.

Both of these 2 will happen but the only question is when. Its starting to happen but it will take time before these will be reach. The second one is starting to happen as we already see more that are accepting it Smiley.

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August 04, 2021, 10:44:13 AM
 #78

In fact, we have gotten a lot of optimistic results from bitcoin, starting from promising investments, we can also use bitcoin as an exchange, and bitcoin is also a currency in digital, for sure bitcoin always coexists with fiat currency, we can always exchange whenever we want
all that mentioned is the best qualities of bitcoin and the reason why the result is really optimistic and we can see those in the reaction of people inside and those who are entering to invest.
bitcoin will always bring best result for the people if only they knew how this works.
bitcoin doesnt need to return to its original phase because it didnt move anywhere but btc is still btc and until now lots of people are using btc as a means of currency .
 this could be one of the optimisitc result of btc but there are others like the growth of btc price or the adoption that it recieve . also people are optimistic when they saw this achievements made by btc . this makes them trust and invest more
like what saying is , 1 btc is 1 btc .

so yeah we are in good hands with bitcoin than fiat .

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August 04, 2021, 03:43:02 PM
 #79


I'm not forcing bitcoin to replace fiat, as long as bitcoin can provide benefits and financial freedom in life it's more than enough
Moreover, the total number of bitcoins is fixed and will not be over-issued at will, with stronger security. we just follow the flow of bitcoin where it will go if it goes up we will make a profit, if it goes down we are required to be patient to wait for the market to rise again

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August 04, 2021, 03:55:36 PM
 #80


I'm not forcing bitcoin to replace fiat, as long as bitcoin can provide benefits and financial freedom in life it's more than enough
Moreover, the total number of bitcoins is fixed and will not be over-issued at will, with stronger security. we just follow the flow of bitcoin where it will go if it goes up we will make a profit, if it goes down we are required to be patient to wait for the market to rise again
however, fiat will be difficult to replace. for now, bitcoin which is only used as a traded investment asset is indeed enough for us to benefit from it.
but the development of the bitcoin market later will also be very important for a major update regarding the use of bitcoin as a transaction tool in trading in the real world. nowadays not everyone agrees.
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