The Great Thing is about Bitcoin

[ILuckyGuyI]

Yeah, it makes Bitcoin special that nobody or no company etc. have a control over Bitcoin. It is one of the most crucial features that distinguish Bitcoin from fiat currencies. Nobody can print Bitcoin like they print dollar for example. It has a limited supply which makes it even more valuable. Maybe nobody has the control but some people etc. can affect the price indirectly. FUDs can cause the price to change positively or the opposite way.

[Dewi Aries]

Today Morning, One Thing came in my mind. BTC is really an amazing concept not only for the rich people while the for poor also, because no one can control the price of btc. For example, at 2017 -2018 if you are invested in btc then right now you can collect a huge amount to use like in education , in health, in your family or your future plan.

Price maybe controlled by supply and demands, and news sometimes really affect on it. So although maybe bitcoin price can't really be predicted, sometimes we can take advantage from it. And no matter in what year we made investment in bitcoin like maybe in 2015 when it is less than $400 people can be millionaire with it.

[AakZaki]

It's not only about the price, OP. It is also about the freedom that Bitcoin gives to people, well you know the decentralization. I never bothered to get myself a CR/DR cards.

I invested back in 2017, the same year I registered in here so that I would be able to read a lot about "what's more" about Bitcoin. Until now, I am still holding some of it to be honest. No point for me regretting the earlier price of Bitcoin.

Thanks to yourself, because you have been able to hold some. Not many people are able to hold it in the long term. If you bought 2017 at its highest point then you already have a big profit now. As long as the market analysis deals continue and a lot of big companies start adopting it I'm sure Bitcoin will get higher and higher in price. For those of you who are new to today, don't be sad because of the price. But take advantage of the opportunities that exist, use your skills to multiply yours for your own well-being.

[KaliLinux]

While it was initially true that rich cannot control the price of the Bitcoin. Currently, due to lot of trading in Bitcoin, the price of Bitcoin is subject to lot of volatility and hence the price can be manipulated by big players who are generally referred to as whales. Still the system of issuance of new Bitcoin cannot be controlled and hence it remains decentralized.

I believed that in general, regardless of whether the whales which are mostly the rich folks have been able to manipulate the market to their favour, the average people have been able to invest too in their little amount and have made them profits. That is the great thing about Bitcoin investment, the only thing will be to know when to get in so that they can maximize their investment.   

[blackened515]

That's the best aspect of Bitcoin. It can't be controlled by neither the Rich nor Poor. Also, acquiring Bitcoin does not require you buying 1 BTC, lower class citizens can probably purchase a bit of it. Bitcoin is indeed amazing, it don't have boundaries, which basically means one can transfer his/her Bitcoin to anywhere in the world. To me, Long term Investment has always been the best option. Although, is not easy holding Bitcoin for long time.

[coupable]

It is indeed a great invention. I don't know how many dollars Bitcoin will rise to in the end. After reaching a certain price, what will happen to the next stage of Bitcoin?

Ok let's predict the future; our big dream is to replace Fiat money with bitcoin (not to mention other alts). In this case, some futurists expect that the btc price should reach 1M $ if we want to replace only the dollars all arround the world, think by yourself how much it would cost 1 btc if we want to replace all the international currencies (USD,RUB,...).
No one is certain about the next stage of bitcoin. however, experts are certain that when bitcoin reach those ATH, it becomes not compatible with small transactions (just imagine if 1 Satoshi equal 1$) or even not considered as a safe investment, and this should open the door for alts to evade the Fiat market with some good alternatives (Ripple already plays this role with his big supply may replace a whole currency).

[cryptoknightt]

Btc for everyone, poor or rich. Anyone can buy. The blockchain system that Btc presents is changing the world view of assets and future investments. Transactions are easy, fast and safe. We store and carry our wallets directly, not depositing them like banks in general. This would be great if later Btc could be used all over the world as an exchange.

[dothebeats]

This, IMO, applies only to those who bought earlier and those who have the $$$ to buy bitcoin. If you don't have the money to buy it, you won't have anything to keep and probably nothing to save for the future. Also, no one knew for sure what was going to happen with bitcoin. Let's face it, most of us doubted bitcoin when the price is crashing and for months, the volumes are declining on most exchanges. Most hands are ready to sell save for those who had the money to bear more losses.

While true that bitcoin opens up opportunities, it is not a free one, and you have to really believe in bitcoin for it to pay off.

[Gyfts]

Today Morning, One Thing came in my mind. BTC is really an amazing concept not only for the rich people while the for poor also, because no one can control the price of btc. For example, at 2017 -2018 if you are invested in btc then right now you can collect a huge amount to use like in education , in health, in your family or your future plan.

It should be stressed that bitcoin is not meant to cure inequality in this world of poor and rich. What bitcoin has been doing so far and will continue to do is give everyone an equal opportunity to convert their time, effort, and skills into something that cannot be stolen and debased. Presently, the most scarce and valuable asset in this world, time, is being constantly stolen from those who have to work hard to feed their family and pay bills. It is done via inflation and money printing, which is basically a legal way to counterfeit money. No matter how much time you spend working, all that you earn will surely be taken away from you. Rich and wealthy people, unlike the poor, have many ways to protect themselves from this robbery, but still, it doesn't solve the problem but rather delays the inevitable. Bitcoin allows both the poor and rich to make sure they will not lose what they earned offering what they have.

I'd say Bitcoin is the easiest vehicle towards curing inequality in the first world. For all the talk of wealth being absorbed by the upper class, what happens when the wealthy can take all their assets and put them into stable investments outside of currency?

For someone retaining any amount of currency, their spending power decreases everyday by built in inflation by financial institutions. Bitcoin is not as easily manipulated, and therein lies the reason why the rich don't want ordinary folks using Bitcoin.

Rich meaning the "elite," not just the well off.

[Oceat]

Today Morning, One Thing came in my mind. BTC is really an amazing concept not only for the rich people while the for poor also, because no one can control the price of btc. For example, at 2017 -2018 if you are invested in btc then right now you can collect a huge amount to use like in education , in health, in your family or your future plan.

That's just one advantage of BTC, there are many others also. According to World Bank report in 2017, around 1.7 billion people of the world are un-banked due to monopolies of centralized banking system for centuries. Bitcoin empowers people by giving authority of there money back in there hands. This concept was not there until we saw Bitcoin.

I hope that's true that many people realized already that banking system will not help them in the future but instead it's trying to get their money slowly before they could even earn enough of that just to live in a decent house. Thankfully, Bitcoin is created and it is now an innovation for most people they can manage their own wealth the way they want it without some third party slowly taking their money before they could even touch it. Although, the risk is there already and it's huge but who cares if you can enjoy your money without a delay not unless if the blocks is congested due to the bull market.

[Bazley]

Some friends told me that the great thing is not bitcoin, but blockchain technology. Bitcoin is a blockchain technology, but it is not the focus. I wanted to argue, but I didn't say anything in the end.

[michellee]

And related to the bitcoin price, you do not need to afraid of the price volatility but that will be good for you because if you can buy at a low price and sell at a high price, you will get profit and that means, you can make money.

But unfortunately, sometimes it doesn't work like that. Many becomes more poorer because of bitcoin volatility where emotion get attached on every buy/sell order, especially when there's a fud, while on the other hand there are some become rich.

Maybe that is because they can not manage their emotion when they have bitcoin, especially if they are buying bitcoin at a high price but the price now is at a low price so they think that the price will not increase in a short time. Emotion is something that we should manage because no matter how hard we hold bitcoin, we will have a chance to make a profit from that and our waiting time will give us a better result than if we sell at a loss.

[juliepower]

The great thing is about Bitcoin is transferring money over the internet, it is a good currency to invest and Bitcoin has an increased scarcity and a high value. Bitcoin is secure. Bitcoin is the best cryptocurrency platform around the world to invest and earning

[Reatim]

Today Morning, One Thing came in my mind. BTC is really an amazing concept not only for the rich people while the for poor also, because no one can control the price of btc. For example, at 2017 -2018 if you are invested in btc then right now you can collect a huge amount to use like in education , in health, in your family or your future plan.

Try to dig deeper mate and don't just look in the brighter side because this market is for both ways the positive and the negative.
Yes there are many chances that this is uncontrollable but also there are many speculative talks about Whales playing the market because the stocks is limited for bitcoin.
the current stock of bitcoin is too low compared to 20million supposedly so the chance of being manipulated are there.

The great thing is about Bitcoin is transferring money over the internet, it is a good currency to invest and Bitcoin has an increased scarcity and a high value. Bitcoin is secure. Bitcoin is the best cryptocurrency platform around the world to invest and earning

bitcoin is secure but only if you know how to handle this and control this because there are army of scammers and hackers that waiting to bite you.

[melissacarter]

‌‌‌ ‌The great thing about bitcoin is that they provide extreme profits. Moreover, people can get exchange value through bitcoins without even requiring an intermediary since it’s digital and decentralised.

[junmisakiro]

Investing in bitcoin does not have to be people who have a lot of capital but poor people can also start investing with bitcoin, because we can buy bitcoins with small amounts for example BTC 0.005 - BTC 0.001, although the amount is very small but in the future it is very possible for us to get bigger profits because the supply of bitcoin is very limited and when all supply is mined then the price will rise very high.

[Silberman]

Today Morning, One Thing came in my mind. BTC is really an amazing concept not only for the rich people while the for poor also, because no one can control the price of btc. For example, at 2017 -2018 if you are invested in btc then right now you can collect a huge amount to use like in education , in health, in your family or your future plan.

That's just one advantage of BTC, there are many others also. According to World Bank report in 2017, around 1.7 billion people of the world are un-banked due to monopolies of centralized banking system for centuries. Bitcoin empowers people by giving authority of there money back in there hands. This concept was not there until we saw Bitcoin.

And most likely things are going to get even better, after all peer to peer lending will also become a thing so those people that only need a small loan to start a small business venture but that will never get it from banks now will be able to do so directly without any third party involved, this is where bitcoin is going to have yet another opportunity to shine and show the world why it is better than traditional banking and why it is the future.

[shushu9977]

Yes, bitcoin has no limit no prediction or anything else, because, when it was started, it had very low price and now the price of btc is very high as we know. When the price was 16k, I have a little btc, but I sold. If I hold for future, I have a huge profit. So, no one knows what will happen the future of btc price and btc market?

[distr@yopmail.com]

Yes, bitcoin has no limit no prediction or anything else, because, when it was started, it had very low price and now the price of btc is very high as we know. When the price was 16k, I have a little btc, but I sold. If I hold for future, I have a huge profit. So, no one knows what will happen the future of btc price and btc market?

indeed no one can predict the future of the market and crypto-assets like bitcoin. but some people are used to predicting market opportunities. they can do their research with visible market analysis. no one is going to be 100% right, but with the skills you have, I believe the possibility of profiting from bitcoin by holding it long-term will yield a profit.
here, we can learn. how we should trust the assets and the plans we make. all to make a profit.

[ChiBitCTy]

Well I think there are pump and dump groups with very large whales that in a way can kind of control the price of bitcoin.  Not totally but to a certain extent.  I think even more so the great thing about bitcoin is the fact that it will give so many people living in poverty a way to "be their own bank", being that there are countless people who are under-banked around the world.