Bitcoin Forum
May 20, 2024, 11:15:09 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4]  All
  Print  
Author Topic: 5 truths about bitcoin, in my opinion?  (Read 671 times)
Slow death
Legendary
*
Offline Offline

Activity: 3024
Merit: 1100


Leading Crypto Sports Betting & Casino Platform


View Profile
August 14, 2022, 11:53:55 PM
 #61

1. Bitcoin will probably make a lot of people rich especially for long term holders... again
2. Bitcoin is the future and bitcoin is the medium of exchange because it is widely accepted, portable, shareable, accessible, commensurate and relatively stable. That's why it will be used as future currency.
3. Bitcoin can save the world
4. Bitcoin is not very easy to understand and there is too much misinformation about it.
5. Bitcoin has spread far, far more than most people know. There are already some of the biggest companies in the world using blockchain technology and some countries actually want to clone bitcoin, because bitcoin is so good.

1 - bitcoin will only make people very rich if they invest a lot of money in bitcoin

3 - How would bitcoin save the world? bitcoin doesn't work miracles, it's a currency that people use to invest due to high voltage, it can't save the world

we have to be realistic, FIAT and banks will always exist, and bitcoin didn't come to save the world

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Gosgosking
Member
**
Offline Offline

Activity: 672
Merit: 16


View Profile
August 15, 2022, 08:44:15 PM
 #62

1. Bitcoin will probably make a lot of people rich especially for long term holders... again

1 - bitcoin will only make people very rich if they invest a lot of money in bitcoin


Bitcoin coin make you to be rich if you are rich already.  If you are having the average income and expect bitcoin  to make you rich it is impossible. Bitcoin helps to have extra money to support  and be financially stable.
KingsDen
Legendary
*
Offline Offline

Activity: 1106
Merit: 1030


Hello Leo! You can still win.


View Profile WWW
August 15, 2022, 08:46:56 PM
 #63

1. Bitcoin will probably make a lot of people rich especially for long term holders... again
No, bitcoin will make no one rich. Bitcoin will only make you  live comfortable and not to be rich. I can also say that bitcoin will make you rich only if you are rich already. There are thousands of other coins and it has divided the community population. When it was only bitcoin, it moved faster and made so many people rich, now there is competition in the market.  So, even in the long run, to get massive profits means you have to invest massively now. And now everyone has the money or the mind to invest that much.

3. Bitcoin can save the world
Save the world from what exactly?
Hunger;
Recession;
Inflation;
Racism;
Famine;
Plague;
What exactly?

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
TelolettOm
Hero Member
*****
Offline Offline

Activity: 2072
Merit: 552


Leading Crypto Sports Betting & Casino Platform


View Profile
August 15, 2022, 09:40:52 PM
 #64

1. Bitcoin will probably make a lot of people rich especially for long term holders... again
Yes exactly, especially if they buy the BTC in the bearish market and sell them in the bullish era. But many people or especially newbies are not patient to wait for the long term. However they may be panic enough when the price of the BTC is dropped again and again.

3. Bitcoin can save the world
I read some news and history about how Bitcoin can save the world, how Bitcoin can really save someone's life, like what happened in some certain countries, they are still able to buy food and other things to do in their life because of Bitcoin. But, why do many people hate BTC so much?

4. Bitcoin is not very easy to understand and there is too much misinformation about it.
It is also a process to understand Bitcoin technically. This may not be easy for many people especial the one that is not familiar with this kind of certain technology. But, this doesn't mean that it cannot be understood. This is only  a way for learning more

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
CryptoSmsAlerts
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
August 15, 2022, 09:46:46 PM
 #65

Nice subject.

BTC is the only real asset that everybody must have.

If you guys want to receive - for free- sms alerts about crypto market - check this tweet: https://twitter.com/GurgaonMatt/status/1559261291675496449?s=20&t=HSBqEv3ClVnVbj4JPRJiLg
tippytoes
Sr. Member
****
Offline Offline

Activity: 1988
Merit: 275


View Profile
August 15, 2022, 10:09:51 PM
 #66

1. Bitcoin will probably make a lot of people rich especially for long term holders... again
Yes exactly, especially if they buy the BTC in the bearish market and sell them in the bullish era. But many people or especially newbies are not patient to wait for the long term. However they may be panic enough when the price of the BTC is dropped again and again.

3. Bitcoin can save the world
I read some news and history about how Bitcoin can save the world, how Bitcoin can really save someone's life, like what happened in some certain countries, they are still able to buy food and other things to do in their life because of Bitcoin. But, why do many people hate BTC so much?

4. Bitcoin is not very easy to understand and there is too much misinformation about it.
It is also a process to understand Bitcoin technically. This may not be easy for many people especial the one that is not familiar with this kind of certain technology. But, this doesn't mean that it cannot be understood. This is only  a way for learning more

Many people hate btc for some reasons, like they lost their investments because of scam projects. But it is not the fault of BTC if you will think of it. The rise of scam projects is owed to the fact that most of these scammers create crap projects to screw their investors, not because of BTC. BTC can't save the world per se, but it is helping a lot of people survive especially during this pandemic crisis.
Ummarr
Newbie
*
Offline Offline

Activity: 19
Merit: 1


View Profile
November 28, 2022, 09:44:23 PM
 #67

1:Bitcoin have change many life's today.
2:bitcoin have make some poepl and eliminate many people mind from other criminal things
3:bitcoin can save d world
4:bitcoin create many things in the world
Thou I'm new here but I think bitcoin did many things that other platform can't do.
landheer
Member
**
Offline Offline

Activity: 467
Merit: 61


View Profile
November 29, 2022, 03:56:03 AM
 #68

indeed a lot of people feel happiness, because they invest in bitcoin and get big profits.
and lots of people are helped by their economy because of bitcoin.
namely by investing in it.
but there are also those who suddenly become poor because of investing in bitcoin, for example
people who buy bitcoin during the year of 2021, like at a price of 58000 and they sell when the market is bear, an example like selling today at a price of 16000.

but investing in bitcoin will lose if our are impatient and not strong enough to hold on.
yhiaali3
Legendary
*
Offline Offline

Activity: 1708
Merit: 1872


#SWGT CERTIK Audited


View Profile WWW
November 29, 2022, 04:24:37 AM
 #69

1. Bitcoin will probably make a lot of people rich especially for long term holders... again

Not always, this is a wrong view. Many people lost their money as a result of wrong investments or wrong decisions when buying and selling. How many people sold their bitcoins as a result of FOMO when prices fell and lost a lot of money?
Bitcoin is profitable in the long run when you manage your portfolio with a good strategy.


3. Bitcoin can save the world


Bitcoin was not invented to save the world but rather to replace the defunct banking financial system, so it is better to say that Bitcoin was created to solve the problems of the old banking financial system and not to save the world.

EarnOnVictor
Hero Member
*****
Offline Offline

Activity: 686
Merit: 609


Leading Crypto Sports Betting & Casino Platform


View Profile
November 29, 2022, 07:16:18 AM
 #70

As much as some facts with the OP are correct, though already popular, there are still some facts that are not necessarily true about Bitcoin.

Starting from number 1, Bitcoin should rather be smarted with, if not, you might be poor thinking it would make you rich. The smart ones make money in it by being speculative about when they hold and dump.  Also, Bitcoin can't save the world, it would only ease financial flows, and its limited availability will never allow that even if it tries.

Lastly, Bitcoin is not difficult to understand, its technical aspect could be true about what you said, but it's not necessary for you to know them.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Pages: « 1 2 3 [4]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!