At what point do we confirm the long term aspect of a project is guaranteed?

[coin-investor]

My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?

For me, it's the community they built and the companies created that revolves around, this what makes Bitcoin very successful in what it accomplishes, but Bitcoin and the community are still moving forward, they keep adding success as the years go by, it will always and will remain the most successful Cryptocurrency to date, it will not stop accomplishing many things.

[Silberman]

Erase the term 'guaranteed' from your mind when you dealing with crypto projects even BTC, there is nothing to fall back on if things go side ways, there is no one to take responsibility that's why crypto have zero guarantee, and again crypto isn't a 100% store of value because of volatility

Even in stocks there's no guarantee as well, the company could go down very fast and that is a market which regulated heavily unlike crypto.
so don't expect too much like a project being guaranteed in crypto but tbh if the project is invested heavily by some institutional investors then it usually opens up the possibility of the project getting sued by that institutional investors so making the project a little bit guaranteed to not do a rugpull or some similar thing.

Correct, when people think of stocks they think of the big ones like Amazon, Apple and other similar companies, but there are many other stocks that are similar to icos and as you may guess those companies can disappear overnight, something very similar to what we see with icos as well, so people need to never think of guarantees or that an investment is completely safe because this is never going to be the case regardless of the investment which you choose to put your money on.

[no-ice-please]

Everyone use to shout and claim that bitcoin and ethereum are the coin of the future. YEAH I accepted that with no arguments.  Bitcoin is classify as a store of value. the same way we classify Gold.
My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?

It depends on what a coin or token offers. Bitcoin is extremely and can develop into many things. Will it ever be the alleged electronic cash system? I think so with more development.

For other tokens it is different. They often have a very specific value proposition. When that proposition is fulfilled we know the project worked out. Let's say there is a project that claims to put all health data on the blockchain such that every doctor around the world can access it with your agreement. The claimed aspect for that blockchain is fulfilled when indeed you can go to any doctor and provide your health data with your consent.

Success is even a different story. Success also sounds more like long-term. If you can pay with a crypto card in a store for four weeks but then the system fails, it wasn't successful to me even though the project temporarily delivered upon the promised value proposition.

[aioc]

Everyone use to shout and claim that bitcoin and ethereum are the coin of the future. YEAH I accepted that with no arguments.  Bitcoin is classify as a store of value. the same way we classify Gold.
My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?

For me, it's two things, how large are the community and its standing in the market, this is every coin's goal to build a huge community and land in at least in the top 10, these two are not easy to attain and it will take time and effort but with the two coins Bitcoin and Ethereum they are both ruling the market and they both have a large community.

[Dread Pirate Roberts]

Everyone use to shout and claim that bitcoin and ethereum are the coin of the future. YEAH I accepted that with no arguments.  Bitcoin is classify as a store of value. the same way we classify Gold.
My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?

this depends on the project. many projects have good plans and roadmaps but are not successful even the coins have no value. I think there are many aspects that support a successful coin. like the developer. adaptation carried out, partnering with exchange. These things definitely require big capital. if the project is handled by a great developer with a large capital it is very likely to be successful.

[TimeTeller]

Everyone use to shout and claim that bitcoin and ethereum are the coin of the future. YEAH I accepted that with no arguments.  Bitcoin is classify as a store of value. the same way we classify Gold.
My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?

this depends on the project. many projects have good plans and roadmaps but are not successful even the coins have no value. I think there are many aspects that support a successful coin. like the developer. adaptation carried out, partnering with exchange. These things definitely require big capital. if the project is handled by a great developer with a large capital it is very likely to be successful.

In this case, the OP is asking about bitcoin specifically.
In my opinion, bitcoin already achieved a lot as it survives for more than a decade in the market.
And nowadays, more institutional investors and big companies are into blockchain technology. Thanks to the creation of bitcoin.
So yes, the long term aspect of bitcoin has been accomplished already and we are already enjoying the benefits of it.

[Silberman]

Everyone use to shout and claim that bitcoin and ethereum are the coin of the future. YEAH I accepted that with no arguments.  Bitcoin is classify as a store of value. the same way we classify Gold.
My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?

this depends on the project. many projects have good plans and roadmaps but are not successful even the coins have no value. I think there are many aspects that support a successful coin. like the developer. adaptation carried out, partnering with exchange. These things definitely require big capital. if the project is handled by a great developer with a large capital it is very likely to be successful.

In this case, the OP is asking about bitcoin specifically.
In my opinion, bitcoin already achieved a lot as it survives for more than a decade in the market.
And nowadays, more institutional investors and big companies are into blockchain technology. Thanks to the creation of bitcoin.
So yes, the long term aspect of bitcoin has been accomplished already and we are already enjoying the benefits of it.

I think we can say that bitcoin has achieved most of its goal already, bitcoin is a currency it is also an asset and now it is even legal tender, only on one country but it is the beginning of a tendency, it is also one of the most important currencies around the world, it is becoming a store of value and slowly eating away one of the uses of gold, so while I think we still have some work to do the stage is set for bitcoin to make huge gains in all of those aspects during the next decades.

[Tervelatuk]

sathosi could create bitcoin with its several feature key to againts and create new economic system. with limited supply and low transaction fee bitcoin could be new economic system which is no one could controll or manipulate it. adoption in real market now done step by step and many giant institution add bitcoin as assets in their balance sheet. this is will make bitcoin greater than previous decade.

[no-ice-please]

Everyone use to shout and claim that bitcoin and ethereum are the coin of the future. YEAH I accepted that with no arguments.  Bitcoin is classify as a store of value. the same way we classify Gold.
My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?

this depends on the project. many projects have good plans and roadmaps but are not successful even the coins have no value. I think there are many aspects that support a successful coin. like the developer. adaptation carried out, partnering with exchange. These things definitely require big capital. if the project is handled by a great developer with a large capital it is very likely to be successful.

In this case, the OP is asking about bitcoin specifically.
In my opinion, bitcoin already achieved a lot as it survives for more than a decade in the market.
And nowadays, more institutional investors and big companies are into blockchain technology. Thanks to the creation of bitcoin.
So yes, the long term aspect of bitcoin has been accomplished already and we are already enjoying the benefits of it.

I think we can say that bitcoin has achieved most of its goal already, bitcoin is a currency it is also an asset and now it is even legal tender, only on one country but it is the beginning of a tendency, it is also one of the most important currencies around the world, it is becoming a store of value and slowly eating away one of the uses of gold, so while I think we still have some work to do the stage is set for bitcoin to make huge gains in all of those aspects during the next decades.

The interesting aspect about Bitcoin is that it worked kind of top down and not bottom up. Usually for a currency to become legal tender it gets established by a government, declared legal tender and people have to use it as such. Or, they don't have to, but they don't really have a choice.
In this case Bitcoin was above all nation states and their governments and they couldn't do anything about it. Bitcoin made it so far that even without being produced or established by a government, the first governments decide to make it legal tender. Satoshi must be a very proud dude!

[domoy77]

sathosi could create bitcoin with its several feature key to againts and create new economic system. with limited supply and low transaction fee bitcoin could be new economic system which is no one could controll or manipulate it. adoption in real market now done step by step and many giant institution add bitcoin as assets in their balance sheet. this is will make bitcoin greater than previous decade.

Is it true what you say? if it's true, then I also want to see the evidence so that my heart can be a little happy with what you said because it can make the cryptocurrency market conditions even better than the current conditions.

[imstillthebest]

thats hard to determine if we are talking long terms because the future is unpredictable .
a project can run good at the start but later they could collapse because of some problems . it can happen too with btc but that is less likely .
btc running for 10 years is an acomplishment what would be next to achieve is when all countries legalize btc and all people knows how to use a btc .

[kawetsriyanto]

I personally will say that no one can guarantee it.
we already know how Bitcoin progress so far, from 2009 to right now. Its bottom and top prices are there and we can see the progress of Bitcoin in every market period.
there are many predictions and also expectations about Bitcoin, analysis, and also arguments.
however, can that guarantee? No, we cannot guarantee, the guarantee means it is right at least almost 100%, but in fact, we cannot predict the future exactly. there is no 100%.
However, should we really need that guarantee?
We have already know how Bitcoin, and if we are not sure, just let it be.

[Silberman]

I think we can say that bitcoin has achieved most of its goal already, bitcoin is a currency it is also an asset and now it is even legal tender, only on one country but it is the beginning of a tendency, it is also one of the most important currencies around the world, it is becoming a store of value and slowly eating away one of the uses of gold, so while I think we still have some work to do the stage is set for bitcoin to make huge gains in all of those aspects during the next decades.

The interesting aspect about Bitcoin is that it worked kind of top down and not bottom up. Usually for a currency to become legal tender it gets established by a government, declared legal tender and people have to use it as such. Or, they don't have to, but they don't really have a choice.
In this case Bitcoin was above all nation states and their governments and they couldn't do anything about it. Bitcoin made it so far that even without being produced or established by a government, the first governments decide to make it legal tender. Satoshi must be a very proud dude!

Truth to be told that is the way it is supposed to work, it is just that people have forgotten about it because the last time this happened was thousands of years ago, gold and silver became the mains forms of money all over the world not because some of the people at the highest positions of the governments of that time decided this to be the case, they simply won the race for the best assets that could become a currency, and bitcoin thousands of years later is doing exactly the same.

[MusaMohamed]

So let's start with What long term projects are?

How do you call them as long term projects?

They need of have long appearances in the market. But how many years are enough to call long term?
2 years, 4 years or even more than 4 years?

I think 4 to 5 years are long enough to call projects as long ones. If they still have developments and partnerships after ,4 to 5 years, they are candidates for list of good projects.

[Cling18]

I think bitcoin is already successful because of the huge community that it has and there's already a country that had adopted it as a legal tender.
But that success doesn't end there because there are going to be more use cases and adoption that shall come in the future.

Bitcoin as for me is well-established. It has been through a lot and has passed all the tests of time so I believe that it could stand firmly in a long time. Bitcoin doesn't need to prove more because its legitimacy is too visible. Bitcoin could stand firmer especially now that more adoptions are happening.

[viananda2525]

So let's start with What long term projects are?

How do you call them as long term projects?

They need of have long appearances in the market. But how many years are enough to call long term?
2 years, 4 years or even more than 4 years?

I think 4 to 5 years are long enough to call projects as long ones. If they still have developments and partnerships after ,4 to 5 years, they are candidates for list of good projects.

if any projects could survive more than 4 years, we could called as good projects and developers team able to build and deliver product to their investors. Not all project could build usefull product in their ecosystem, most of them only survive less than a year and build nothing. This is important to pick a project with high qualification team , check did they have good background in blockchain technology or not.

[indah rezqi]

Everyone use to shout and claim that bitcoin and ethereum are the coin of the future. YEAH I accepted that with no arguments.  Bitcoin is classify as a store of value. the same way we classify Gold.
My question is, AT WHAT POINT OR DAY DO WE SAY THAT THE LONG TERM ASPECT OF BITCOIN HAS BEEN ACCOMPLISH?
When do a long term project becomes successful?

I also believe that you also cannot answer at what point and day Bitcoin will peak. Why I answer like this, because no one knows when it will happen, whether it's me, you and them.
Up to this point, you understand right?

[thesmallgod]

For investor, it take effect when you start building more confidence and intend to hodl or increase your wallet due to how much profit you have made on the long run. For someone that just invest in bitcoin, it feels the long term prospects has not been realized because when you are talking about a long time goal, it means you have to wait for certain number of years to evaluate this. For project developers, it starts when they realized how much people, individuals and companies are willing to be part of the project