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Author Topic: What does BTC mean to you?  (Read 2281 times)
legendbtc
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February 05, 2024, 02:08:37 PM
 #21

Hello, Everyone

I'll keep this short.

What does BTC mean to you?

Some may say freedom others  say hope in a world of restriction, love to hear your responses.
To be honest, my purpose in choosing bitcoin is profit, seeking financial improvement more than any other purpose. And as you said, many people will talk about the freedom, privacy and decentralization that bitcoin brings. But I'm pretty sure that up to 99% of investors choose bitcoin for profit, for money without any assets or tools to help them do that.

That's why I always say, if bitcoin has no ability to generate profits and is only used as currency, how many people will use and stick with it until now?

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February 05, 2024, 02:15:31 PM
 #22

To me, bitcoin means wealth that can be achieved through risk and time. Being that is not an easy venture many lost while other gain from bitcoin. Bitcoin can only be merited when you have proper understanding of it. If you come across people that are living well from bitcoin,  it will entice you to invest even without proper knowledge.
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February 05, 2024, 02:27:44 PM
 #23

At first what do you think bitcoin is all about, because if you have known the important of Bitcoin you will not ask a random question concerning Bitcoin again secondly you have to understand the importance of Bitcoin and why Bitcoin is being into a existence before you come into bitcoin talk, from everyone understanding bitcoin is a digital currency that have to do on it form without government pressure and the government control, it is a digital fund that stand on its own without the control of government as I said initially.

The objective of Bitcoin is to make life easier for intercontinental transfer of fund and also for better investment and the acceleration of the investment in different dimensions, many other people here have their own evolution and theories of Bitcoin based on their own understanding of meaning of Bitcoin and the functionalities of Bitcoin, so everyone have it concept to render as a definition of Bitcoin from its own perspective.


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February 05, 2024, 02:40:10 PM
Last edit: February 05, 2024, 02:50:21 PM by mirakal
 #24

For me, bitcoin is the key to a brighter future. I am actually struggling in life before I came to know bitcoin, but when I started learning and eventually engage myself in bitcoin investment and activities, honestly, it brings a lot of incredible changes in my life, and hopefully in the future. Although bitcoin is a lot risky and quite complicated at the start, but learning and trusting it has always been worth the efforts and time. That’s the reason why even if I do suffer from losses at some point due to some wrong decisions with bitcoin, but I believe I need to be hopeful instead because I see great potentials in bitcoin that will definitely make my life changed and improved.

While bitcoin is a good investment and a good currency, bitcoin at the same time is a good motivation for me. Because of bitcoin, I get to be more patient and be more responsible of my finances. And because of bitcoin, I realized that if I can’t see opportunities on hand, then I should be the one to look for the opportunities as time is always valuable so I can start working with my goals in bitcoin.

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February 05, 2024, 02:42:24 PM
 #25

To be honest, my purpose in choosing bitcoin is profit, seeking financial improvement more than any other purpose. And as you said, many people will talk about the freedom, privacy and decentralization that bitcoin brings. But I'm pretty sure that up to 99% of investors choose bitcoin for profit, for money without any assets or tools to help them do that.

That's why I always say, if bitcoin has no ability to generate profits and is only used as currency, how many people will use and stick with it until now?
There's no shame for buying Bitcoin to earn because every people want to be rich.

I believe there are still people who will use Bitcoin even if it has no ability to earn, even not as big as what we see right now and instead of hold it, they only use when they want trade or exchange for privacy purpose.

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February 05, 2024, 02:57:24 PM
 #26

Bitcoin is my favorite coin and has advantages. If I didn't know Bitcoin, maybe my life wouldn't have changed. After getting to know Bitcoin, significant changes occurred. Bitcoin is my short-term investment to get profits every month, although the profits are not always the same, but I am grateful to get money without big risks, the risk is minimal, only the price goes down

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February 05, 2024, 02:57:50 PM
 #27

BTC is like a rebel in the finance world, giving people a shot at financial freedom outside the usual rules. It's like digital cash with a side of sticking it to the system

The only time I felt a total control over my funds is only with Bitcoin, and it gives me that freedom and investment opportunity that comes with ease. I can invest with just as little amount of money as $20 and scale it up if compared investment into gold and the real estate that requires bigger amount of money. Furthermore, I can travel around the world with my money without no restrictions as to how much I should carry about, and nothing gives joy than that.

Good to hear. Bitcoin's appeal lies in its accessibility, allowing for small-scale investments and the flexibility to move funds globally without traditional restrictions. It's like having a passport for your money, offering a sense of financial control and opportunity

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February 05, 2024, 03:02:08 PM
 #28

Bitcoin guarantees self custody of one's assets and investment. Bitcoin represents wealth or assets mobility in the sense that one can move with their assets from one place to another as long as they have access to the private key or seed phrase to their wallets which I can call a safe because that is what it does as it holds or keeps ones assets safely. Without anybody knowing the value of their wealth only if the owners discloses it by themselves.


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February 05, 2024, 03:04:23 PM
 #29

Hello, Everyone

I'll keep this short.

What does BTC mean to you?

Some may say freedom others  say hope in a world of restriction, love to hear your responses.
To me, BTC means financial freedom where money is no surprise. Most of the people like this Bitcoin, and they only invest in BTC to earn more money. I have been able to earn good money from here because I have invested more money from my little money, that's why I love Bitcoin the most. Bitcoin is a powerful currency that has gained popularity worldwide as a store of value.

R


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February 05, 2024, 03:29:36 PM
Merited by JayJuanGee (1)
 #30

Just like others it's freedom and opportunity. Bitcoin had opened a lot of opportunity for me to earn profits and realization from my financial mistakes. Learning about bitcoin helped me for a lot of time, and teach me how to be financially responsible. Acquiring the financial freedom is what I think the greatest I achieved using bitcoin, bitcoin is an asset that I won't forget for a lifetime. No asset will be compared on how bitcoin help me in my over all life.

I wonder how am I now if bitcoin didn't exist? I maybe a different person now compared

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February 05, 2024, 03:30:37 PM
 #31

Bitcoin is my favorite coin and has advantages. If I didn't know Bitcoin, maybe my life wouldn't have changed. After getting to know Bitcoin, significant changes occurred. Bitcoin is my short-term investment to get profits every month, although the profits are not always the same, but I am grateful to get money without big risks, the risk is minimal, only the price goes down
Due to the price volatility, I think it is too difficult for anyone to consistently make a profit from investing every month.
I'm not sure if you can really make a profit every month, but so far I haven't been able to make that kind of profit every month because of price volatility. Sometimes the price rises high in one month, while the price falls and corrects in the following month, it makes the value of the total investment fluctuate which is unlikely to make the holder consistently make profits.

Bitcoin in concept is a decentralized currency, but in practice bitcoin tends to be considered an investment asset that allows investors to get returns in both the short and long term. Of course, many people have changed their fate after getting to know Bitcoin and they have reached the top level, but that is not the main purpose of bitcoin's birth.

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February 05, 2024, 03:35:42 PM
 #32

Bitcoin guarantees self custody of one's assets and investment.
It sounds like bitcoin is some kind of insurance company or hedge fund.

Is bitcoin insured in any way so that in case of unforeseen circumstances you will be compensated for losses? There are no guarantees of market value (price drops), and also that you will not lose seed phrases and backups of this.

Bitcoin represents wealth or assets mobility in the sense that one can move with their assets from one place to another as long as they have access to the private key or seed phrase to their wallets which I can call a safe because that is what it does
Almost the same function is performed by a bank card or online banking, where to access the “safe” you need to enter a PIN code or password.

as it holds or keeps ones assets safely. Without anybody knowing the value of their wealth only if the owners discloses it by themselves.
Holding a bank card in your hands, you won’t understand what the balance is until the owner tells you.

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February 05, 2024, 04:18:41 PM
 #33

Hello, Everyone

I'll keep this short.

What does BTC mean to you?

Some may say freedom others  say hope in a world of restriction, love to hear your responses.

I'd have to go with the popular understanding that Bitcoin, gives freedom from the shackles of centralized fiat currencies in the world, you can carry out your Bitcoin p2p transaction with another person who has a crypto wallet, without any third party interference. In my country our local fiat currency is depreciating everyday, and people's money that they've saved in the bank for a long term have drastically devalued, the same amount is still in the bank, but it's now valued far lower than it's worth 2 years ago, with Bitcoin the value will keep increasing. So again Bitcoin, is one of the best investments that I can invest in, because it a valuable asset that has the potential to keep increasing in value as the years goes by.











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February 05, 2024, 04:34:20 PM
 #34

others  say hope in a world of restriction, love to hear your responses.
Lately it became more like a hope than an actual freedom.  Do not get me wrong.  You will ALWAYS be able to spend and receive Bitcoin no matter how harsh restrictions are in your country.  But in the very extremist and hopefully impossible situation where countries decide to take extremely strong action against Bitcoin and induce fear into citizens even contemplating using it, it is not very helpful that Bitcoin can still be used freely.

Trading Bitcoin in countries where Bitcoin is legal is very easy to trade in Bitcoin currency. The freedom to earn Bitcoin is different. But Bitcoin is not legal in countries like ours, we have to do Bitcoin transactions by ignoring their law and order or government. We cannot openly buy and sell anything with Bitcoin. Maybe if we consider it in this direction, of course if bitcoin is legal we can do bitcoin transactions independently. But even though Bitcoin is illegal in our country, we are not facing any difficulty in doing Bitcoin transactions because law enforcement or the government is not that strict. However, if Bitcoin is legal in the country, it is expected to get a different opportunity.
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February 05, 2024, 04:41:40 PM
 #35

Bitcoin for me ain't just numbers on a screen. It's freedom to chase dreams without money stress, a future piggy bank waiting to be tapped, and even a way to buy cool stuff right now. But like any adventure, it's got its ups and downs. Prices bounce like crazy, rules are still figuring themselves out, and losing your keys is like losing your money forever. So do your research, invest smart, and hold tight! This Bitcoin train might just take you to freedom city, but remember, it's a risk ride! ✌️

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February 05, 2024, 04:49:48 PM
 #36

What Bitcoin means to me is:
Bitcoin is Digital Gold because it can be used to store assets without worrying about the price losing or falling in the long term. The price of Bitcoin has increased dramatically since its launch to the public in 2009, due to its limited supply (21 million coins), many people predict that the price of Bitcoin will continue to rise over time. Recently, confidence in Bitcoin has increased, large institutional investors have begun to consider Bitcoin as an asset that can protect against market volatility and inflation.

Bitcoin is one of the most valuable assets today because enthusiasts are willing to exchange Bitcoin for goods or services and are even willing to exchange it for cash. Bitcoin is also a global currency because it can be used anywhere without country restrictions, anyone who has Bitcoin can send money across countries without having to use an intermediary, the process is very fast and doesn't cost much.

 
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February 05, 2024, 05:26:43 PM
 #37

Hello, Everyone
What does BTC mean to you?
Hi, BTC to me is a cryptocurrency used in digital transactions.  It is a decentralized currency based on blockchain technology and people use it for worldwide transactions
BTC is a strong cryptocurrency , BTC  will become legal asset in coming days.












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February 05, 2024, 06:37:51 PM
 #38

Bitcoin is both currency and investment tool for me.
It is also my way to save up my money so that I would avoid on spending my earnings on unnecessary items, or prevent me from overspending.
Due to the high transaction fee whenever I want to cash out or convert my Bitcoin into cash when I want to buy something the fee from transaction is my best reminder to hold it.
And wait for my cash or salary instead of using my investment to buy it.

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February 05, 2024, 07:53:00 PM
 #39

Bitcoin is financial freedom for me. To be honest, it's not about Bitcoin alone; cryptocurrency gives me financial freedom. I can spend my crypto worldwide in various ways now. The Bitcoin goal was to create a p2p decentralised money transfer system that we are taking advantage of. Also, Bitcoin has become an investment opportunity from which I can make money. So Bitcoin makes my life easier than before. We can work at home and receive payments from all over the world.

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February 05, 2024, 07:56:41 PM
 #40

Bitcoin is my favorite coin and has advantages. If I didn't know Bitcoin, maybe my life wouldn't have changed. After getting to know Bitcoin, significant changes occurred. Bitcoin is my short-term investment to get profits every month, although the profits are not always the same, but I am grateful to get money without big risks, the risk is minimal, only the price goes down
Due to the price volatility, I think it is too difficult for anyone to consistently make a profit from investing every month.
I'm not sure if you can really make a profit every month, but so far I haven't been able to make that kind of profit every month because of price volatility. Sometimes the price rises high in one month, while the price falls and corrects in the following month, it makes the value of the total investment fluctuate which is unlikely to make the holder consistently make profits.

Bitcoin in concept is a decentralized currency, but in practice bitcoin tends to be considered an investment asset that allows investors to get returns in both the short and long term. Of course, many people have changed their fate after getting to know Bitcoin and they have reached the top level, but that is not the main purpose of bitcoin's birth.
What I mean is playing futures in the market to earn my income every month. If you only save Bitcoin, what you say is true because Bitcoin's movement is not very fast, so in terms of future market calculations it is a mainstay for me to make a profit. Sometimes other altcoins also need to be paid attention to

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