That's why I really like bitcoin :)

[tjtonmoy]

Everything about BTC feels like it is just not from this generation. Yet i was created way back. Yet people haven't realise it's best parts and haven't accepted it completely.
But as days are passing, we can see many people and country accepting this as a payment method. Many use it for it's beneficial part and others just use it to look fancy.
Whatever the reason they are using it, this will help BTC to spread to people and get acceptance.

[danadc]

Everything about BTC feels like it is just not from this generation. Yet i was created way back. Yet people haven't realise it's best parts and haven't accepted it completely.
But as days are passing, we can see many people and country accepting this as a payment method. Many use it for it's beneficial part and others just use it to look fancy.
Whatever the reason they are using it, this will help BTC to spread to people and get acceptance.

Anyone who feels that Bitcoin is not of this generation is because they do not have faith as well, a person who wants Bitcoin and buys, not only should be congratulated but encouraged to build the foundations for their future, people judge bitcoin a lot because at the moment it is low, low compared to the last price that was for $70k, they no longer tell it that it is the bubble, because with that they also began to brag saying it, since they have no more options to attack, they invent others .

Bitcoin not only arrived at this time but will transcend more generations, it will be for our children's children and will have much more value, those in the future will say: why didn't my grandparents buy Bitcoin when it was at $20 thousand?

[Techkoy407]

using bitcoin as a means of payment is very easy and practical, we don't need to bother when making payments, but unfortunately in my country bitcoin can't be used as a means of payment, it is only used as an asset, maybe in countries that have adopted or allowed bitcoin as a means of payment, it is very good to make it easier for someone to transact when buying something, hopefully in the future in my country bitcoin can be used as a means of payment as well.

[gunhell16]

In the generation that we have today, it cannot be denied that bitcoin is already well known all over the world today. And I can also say that many countries are becoming open in this matter, although there are still others that are not yet open.

I'm lucky and my country is one of the ones that tomorrow is part of this system that has the world of digital currency there are already several digital wallets and digital banks that can legally operate here with us, because of the bitcoin that we discussed.

[rendravolt]

In the generation that we have today, it cannot be denied that bitcoin is already well known all over the world today. And I can also say that many countries are becoming open in this matter, although there are still others that are not yet open.

I'm lucky and my country is one of the ones that tomorrow is part of this system that has the world of digital currency there are already several digital wallets and digital banks that can legally operate here with us, because of the bitcoin that we discussed.

Very lucky you can live in a country that will legalize bitcoin. In my country there are still pros and cons regarding the legality of bitcoin and I think the government only uses it as a state income tax through exchange.

[xzy887]

using bitcoin as a means of payment is very easy and practical, we don't need to bother when making payments, but unfortunately in my country bitcoin can't be used as a means of payment, it is only used as an asset, maybe in countries that have adopted or allowed bitcoin as a means of payment, it is very good to make it easier for someone to transact when buying something, hopefully in the future in my country bitcoin can be used as a means of payment as well.

I don't know which country you are a citizen of. But that problem is not only in your country, there are still many countries where Bitcoin is not allowed. And because of that, even though Bitcoin is the best means of payment, people in many countries cannot do Bitcoin transactions properly due to illegality. But very soon everyone will understand the importance of using Bitcoin.And you can be sure that very soon Bitcoin will be legalized in all countries. Bitcoin has already been legalized in many major countries. Because they understand that Bitcoin is the safest and easiest way to transact.

[Sterbens]

Bitcoin not only arrived at this time but will transcend more generations, it will be for our children's children and will have much more value, those in the future will say: why didn't my grandparents buy Bitcoin when it was at $20 thousand?

And that's the statement I hear now, why I didn't know and bought bitcoin at the beginning, or when the bitcoin price was still low. Things like this will be around for generations, but I'm one of the lucky ones that I get to know and invest in bitcoin today. Because some people don't even know this kind of thing.
Some people deplore the current decline, even though this is an opportunity to buy when prices are low.

[JayJuanGee]

using bitcoin as a means of payment is very easy and practical, we don't need to bother when making payments, but unfortunately in my country bitcoin can't be used as a means of payment, it is only used as an asset, maybe in countries that have adopted or allowed bitcoin as a means of payment, it is very good to make it easier for someone to transact when buying something, hopefully in the future in my country bitcoin can be used as a means of payment as well.

I don't know which country you are a citizen of. But that problem is not only in your country, there are still many countries where Bitcoin is not allowed. And because of that, even though Bitcoin is the best means of payment, people in many countries cannot do Bitcoin transactions properly due to illegality.

Even though there may well be different kinds of obstacles in terms of using bitcoin in different jurisdictions, I am not sure if it is safe to presume that it will be "illegal" to use bitcoin in any jurisdictions merely because some jurisdictions have a large variety of obstacles.

In other words, I believe it is not a good idea to discourage anyone from looking into bitcoin, even if their location (jurisdiction) might have a lot of regulatory obstacles. 

For sure, each person should attempt to get some ideas about what kinds of channels are available to transact in bitcoin and various ways to potentially get bitcoin. 

I am going to predict that sometimes countries are going to change their various regulations, and it is not very easy for countries to stop people from directly transacting with bitcoin, even if they say it is illegal.. including that there might be businesses that refuse to "officially" transact with bitcoin, but if they know you, they still might transact with you.

There also might still be people who buy /sell bitcoin, but still there may well be some need to search out options and figure out the various ways to get bitcoin or is it only possible to contact people through various internet ways.. and then there might be questions about whether communications are being monitored, too.

Similar kinds of issues could come up for any one of us if we travel, and then if we try to figure out whether we could "get in trouble" if we try to transact with bitcoin in a location in which we do not know the rules.  Local people should have more advantages about learning about what is available in their jurisdiction than the tourists, but sometimes tourists know things about transacting bitcoin in which the local people might not have realized would be available to them so long as they might meet someone (or even go to a bitcoin meetup) to learn about some matters related to bitcoin.

Yes, if we do not know Techkoy407's country, then we might not know what to say, and is there any local section on this forum related to your country?

But very soon everyone will understand the importance of using Bitcoin.And you can be sure that very soon Bitcoin will be legalized in all countries.

I agree with this part, but in the mean time, there can be some locations that become very strict about bitcoin before they become easier about bitcoin, and frequently governments talk out of both sides of their mouth to make matters confusing (and maybe even on purpose).

Bitcoin has already been legalized in many major countries. Because they understand that Bitcoin is the safest and easiest way to transact.

Probably some countries are realizing that they cannot really stop it, even if they try.. but sometimes they will get new hopes about trying to stop bitcoin, so I doubt that bitcoin is going to sail to any location in which everything related to transacting bitcoin gets easier and easier with the passage of time.  I really doubt that we can generalize in regards to all locations and make those kinds of predictions that governments are going to get more rather than less permissive in regards to bitcoin.

By the way, some times they will do dumb and even exploitative things like promoting their own coin, and that happened in several locations already, and it is likely not going to stop because some governments want to create central bank currency coins, and they will likely want to promote that crap instead of allowing bitcoin.. so it seems likely that the battles in regards to whether bitcoin is permissible and usable in any jurisdiction are not going to be over any time soon..

[Pierre 2]

I really love how you can carry around paper wallets with Bitcoin. Couple of months ago I restored some money out of thin air (obviously it's not air, it was paper wallet I forgot at drawers) and sold it away for quick cash. Bitcoin's usability and accessibility are enormously good. I wish there were far more acceptance to it. For example its illegal to use Bitcoin supported Mastercard/Visa in my country. I mean you should go out of country to get one literally. They don't issue it your name because of laws. Its sad.

[bitzizzix]

Bitcoin not only arrived at this time but will transcend more generations, it will be for our children's children and will have much more value, those in the future will say: why didn't my grandparents buy Bitcoin when it was at $20 thousand?

And that's the statement I hear now, why I didn't know and bought bitcoin at the beginning, or when the bitcoin price was still low. Things like this will be around for generations, but I'm one of the lucky ones that I get to know and invest in bitcoin today. Because some people don't even know this kind of thing.
Some people deplore the current decline, even though this is an opportunity to buy when prices are low.

Bitcoin's journey is still very long because bitcoin is the future that always brings new generations that will never break and continue to grow, and we can judge the difference between then and now that bitcoin continues to be popular and also develops which I think will continue.
and I personally always remind those who are new, especially those closest to me and also those I know for real that the current situation reminds us when we wasted that time. I mean now is our chance to buy it or grow ownership and hold it for the long term so that we can experience and enjoy the enormous benefits in the future, and also be able to pay back the experience we wasted that time.

[yudi09]

When a natural disaster occurs, Bitcoin becomes a living asset. Likewise, when the house where you live is on fire, all assets are lost and Bitcoin becomes the only investment asset left behind. This is the reason why Bitcoin is my favorite asset.
Bitcoin provides convenience not complexity.

[isaac_clarke22]

~

I mean it does not even matter on why would people like Bitcoin. You do you. Do whatever floats your boat.
If you're earning from it from trading then that's completely fine. There might some people bringing down other people because they like Bitcoin due to it being an investment.
This is why there are some newbies that aren't willing to learn anymore. They felt that they were being gatekept by the so-called veterans therefore losing motivation. It does not hurt to learn the other side of the niches, but it shouldn't be obliged.

[salad daging]

Bitcoin not only arrived at this time but will transcend more generations, it will be for our children's children and will have much more value, those in the future will say: why didn't my grandparents buy Bitcoin when it was at $20 thousand?

And that's the statement I hear now, why I didn't know and bought bitcoin at the beginning, or when the bitcoin price was still low. Things like this will be around for generations, but I'm one of the lucky ones that I get to know and invest in bitcoin today. Because some people don't even know this kind of thing.
Some people deplore the current decline, even though this is an opportunity to buy when prices are low.

That statement will definitely be heard in old age, maybe our children will ask why not buy when it is low and why ignore the opportunity because indeed the next generation will continue to exist so that more and more successors will be familiar with bitcoin so I will not miss the opportunity at this low price.

Keep your investment because I believe in the future it will be even better maybe our child will be his successor, at least you do DCA or other types of ways to hoard Bitcoin with the value you can afford because the opportunity should not be missed at this time.
Let others complain, but we remain consistent on bitcoin investments at this price drop.

[topman21]

There is nothing to dislike about Bitcoin. Bitcoin is a very popular currency around the world Soon Bitcoin will launch its own transaction in every world With the way people are getting interested in Bitcoin, we can see the better position of Bitcoin in the last few years.And an investment currency good enough to invest in That's why everyone loves Bitcoin.

[ShowOff]

That statement will definitely be heard in old age, maybe our children will ask why not buy when it is low and why ignore the opportunity because indeed the next generation will continue to exist so that more and more successors will be familiar with bitcoin so I will not miss the opportunity at this low price.

That's the truth because regret always comes too late.
But this mistake should be able to change people's mindset if they really believe bitcoin still has a lot of potential. There's no point in regretting the past if in the future we don't have a good plan to benefit from it. Now things won't happen again because bitcoin won't drop below $10K "imo" again, that's probably true.

Keep your investment because I believe in the future it will be even better maybe our child will be his successor,

Exactly, it is recommended. I agree with this suggestion and it should provide some benefit in the future if bitcoin increases.

[JayJuanGee]

~

I mean it does not even matter on why would people like Bitcoin. You do you. Do whatever floats your boat.
If you're earning from it from trading then that's completely fine. There might some people bringing down other people because they like Bitcoin due to it being an investment.
This is why there are some newbies that aren't willing to learn anymore. They felt that they were being gatekept by the so-called veterans therefore losing motivation. It does not hurt to learn the other side of the niches, but it shouldn't be obliged.

You are correct that if newbies are coming into bitcoin, but then subsequently suffering from a price fall, they might feel that they are being used as a way for the older bitcoiners to cash out, and even if there is some truth to the fact that longer term investors into bitcoin have more flexibilities to cash out, that does not necessarily mean that they are dumping on newbies or that newbies are disadvantaged in terms of "investing" into bitcoin.

Bitcoin remains amongst the best, if not the very best, asymmetric bet that is in front of us today, whether we are newbies, experienced investors, institutions or governments.

As with any investment, smaller players need to attempt to figure out their own financial situation prior to investing into anything, whether bitcoin or any other investment, because if they do not figure out their own particulars, then they become more likely to make mistakes and they are unable to understand or appreciate what would be a reasonable, prudent and perhaps even an adequately aggressive investment plan for them in regards to bitcoin and at the same time not cause them to become bitter in response to BTC volatility or BTC price movements that go agains the direction that they had been expecting the BTC price to go.  There are a variety of ways to attempt to deal with BTC volatility, and surely DCA is amongst the best of those tools that are available.. but also having an investment plan that goes out 4-10 years or more is going to be helpful towards the whole perspective about BTC as an investment as well.

When the newbie investor becomes frustrated and bitter by his/her approach to bitcoin, then likely they have not planned and strategized in sound ways, and likely they have contributed to their own issues in terms of how they choose to deal with bitcoin, and if they choose either not to invest or to completely stay away from bitcoin, they are likely ONLY hurting themselves... and for sure, everyone is free to make their own choices, including their choices to not sufficiently and/or prepare  for all of the various baloney happenings in the macro-economy, and bitcoin is quite likely going to continue to serve as a very great hedge to the various ongoing macro issues.. including non-soundness of a lot of the fiat system, including the dollar being the least shitty of the various shitty currencies out there and the various bad monetary discipline that seems to exist in regards to all of them.

[Falconer]

When the newbie investor becomes frustrated and bitter by his/her approach to bitcoin, then likely they have not planned and strategized in sound ways, and likely they have contributed to their own issues in terms of how they choose to deal with bitcoin, and if they choose either not to invest or to completely stay away from bitcoin, they are likely ONLY hurting themselves...

Newbie will definitely fail with their initial plan, it will make them have their first experience in this investment. But of course the plan is needed even though they are still beginners because in fact it will support them to get good results.

I have advised several people to invest in bitcoin so far instead of just investing in gold or other investment assets. I call them newbie because they lack knowledge and experience, but because I encourage them to learn and find out how the potential of bitcoin is, then I think they start to have long term plans. Yes, it's kind of a long-term investment that they periodically make for a few percent of their salary every month. However, I never forget that basically they also have to know what the consequences of this investment risk are.

[MinoRaiola]

There is nothing to dislike about Bitcoin. Bitcoin is a very popular currency around the world Soon Bitcoin will launch its own transaction in every world With the way people are getting interested in Bitcoin, we can see the better position of Bitcoin in the last few years.And an investment currency good enough to invest in That's why everyone loves Bitcoin.

That's right, you can use great value anywhere in the world quickly and easily. You don't have to use cash in multiple currencies and the fees are the same everywhere. You just need an internet connection and someone who accepts bitcoin as well. There is one negative and that is how many are using Bitcoin to scam, or advantage for themselves. We agree that we need more acceptance, then it will be easier for us.

[Kelvinid]

There is nothing to dislike about Bitcoin. Bitcoin is a very popular currency around the world Soon Bitcoin will launch its own transaction in every world With the way people are getting interested in Bitcoin, we can see the better position of Bitcoin in the last few years.And an investment currency good enough to invest in That's why everyone loves Bitcoin.

Bitcoin is very popular but not as a currency, it was indeed a known investment that most people participated in this time. In fact, it was compared to the stock market and any form of huge investments existed. MAYBE in the future could be one of the most used currencies globally but for now, it was just considered a profitable investment.

As a currency, as an investment - these are the reason why people love this.

[JayJuanGee]

There is nothing to dislike about Bitcoin. Bitcoin is a very popular currency around the world Soon Bitcoin will launch its own transaction in every world With the way people are getting interested in Bitcoin, we can see the better position of Bitcoin in the last few years.And an investment currency good enough to invest in That's why everyone loves Bitcoin.

Bitcoin is very popular but not as a currency, it was indeed a known investment that most people participated in this time. In fact, it was compared to the stock market and any form of huge investments existed. MAYBE in the future could be one of the most used currencies globally but for now, it was just considered a profitable investment.

As a currency, as an investment - these are the reason why people love this.

Of course, you can use bitcoin as both a currency and as a means of investing - and another part of bitcoin's value is that it allows you to be able to do either or to do both.. and really hopefully most of us who know about bitcoin are doing both; however, there are a variety of disincentives to spend our bitcoin, including that it is most likely the soundest of monies in existence and the kind of asset that is likely to retain more of its value relative to other assets, so there remains a considerable amount of disincentives to spend the more valuable of our assets (which is bitcoin in this case).

The more bitcoin that any of us has, then the more flexibility (and options) that we have, but we may also consider that if we spend bitcoin during times in which we perceive the BTC price to be low, then we have to keep our allocations and balances of assets in mind and perhaps spend and replace our bitcoin - to the extent that we come across situations in which we might be able to find some utility in spending some of our bitcoin.

So I recognize that you (Kelvinid) are conceding that bitcoin can serve as both a currency and an investment, but you are not seeing it used very much as a currency, and there does not seem to be any problem with that.. because with the passage of time, these matters are going to continue to evolve.. including it is quite likely that if we might have some bitcoin that we keep in cold storage and then we have some bitcoin that we keep in more liquid forms, such as having some bitcoin available to us for spending (or even to receive from others) if we come across situations to transact in bitcoin... so perhaps we keep a bitcoin and a lighting network wallet on our phone (or some other easy way of doing it) for transactional purposes. .. and maybe we carry around $100 in each or some amount that is comfortable to us... for example, if I know that I am going to make a BIGGER transaction in bitcoin, then I would temporarily put more value on the mobile wallet until the transaction is completed. then remove most of the value back to my colder storage areas.  Practice is good, when the opportunities present themselves.