Anticipations for bitcoin

[Don Pedro Dinero]

There is a dream that somewhere in the future most countries will embrace and legalize bitcoin for legal tenders and I see even the common using bitcoin for payments and panicking over low liquidity became an old term for the market

There was a dream about that years ago, I don't many people still keep dreaming about that. Bitcoin has proven to be more useful as a store of value, and there are too many problems, such as legal and scalability issues, for it to be widely recognized as legal tender by most countries in the future.

It's already happening, many smaller countries are embracing crypto even legalizing it for payment, it's just never getting the spotlight because it's coming from a smaller countries.

Really? Can you list those 'many' countries? The one who became most famous for being the first to make it legal tender withdrew it.

Bitcoin is no longer legal tender in El Salvador

[Distinctin]

Holding period isn't easy for everyone. Some people have hard time waiting for it, and because of that we need to realize that things cold be very different. If we could end up with a much higher price in the future, and we fail to wait, then we will regret it.

So, the best case would be just assuming how this could change and how we could make more money from this. If we want to reach to a higher level while making a profit, then we need to be able to wait.

Panic, fear, anxiety, worry, none of that will matter and we will not make money from them.

Those are emotions that will cause you to lose money when you could profit. Which is why you should ignore those feelings, and focus on just holding no matter how bad things look.

Just know the fact that hodling bitcoin is a matter of beating your emotions. If you remain patient and calm despite of some worries and fears, you know you will succeed in your bitcoin investment, but if you are weak and get bothered easily from price crash and price correction, you know that it’s hard for you to succeed on bitcoin.

The key here is, learn to manage your emotions well. Those negative emotions are your enemies, so ignore them but focus on your ultimate plan and goal.

[Donneski]

Bitcoin is going to gain global recognition in the future, and the issues around Bitcoin usability will be more improved on to the extent that the network will be more flexible for small transactions with low fees and other fast factors that have pause limits to Bitcoin payments acceptance by businesses.


Going forward in this current time all that we need to do is to hold more Bitcoin and spend less of it as daily utilities currency if and since we have fiat to deal with that aspect of our life.

I agree with you that Bitcoin still has a lot of room for improvement in terms of usability but in the global recognition part, Bitcoin has already started gaining real global recognition and that trend is only going to grow stronger with time. We’re no longer just talking about Bitcoin in small circles and that's because governments, financial institutions and even large corporations are now publicly acknowledging it at the moment.

On the part of spending versus holding, I also share the same view with you. Since fiat is still what we use for our daily transactions, it makes sense to keep stacking sats instead of rushing to spend them. In the long run, the ones who consistently accumulate will be better positioned when Bitcoin becomes even more integrated into everyday life.

[passwordnow]

The key here is, learn to manage your emotions well. Those negative emotions are your enemies, so ignore them but focus on your ultimate plan and goal.

I certainly agree. Our emotions is our own enemies. It can cause a lot of bad decisions and mistakes if we will not overcome it. That's why we have to focus with the plans that we have set upon holding Bitcoin and even with the accumulation. Because once your emotion ticks in, you're likely to have some doubts and will think negatively that it shouldn't be your plan to acquire more and let it pass. But once you can control it, you'll understand more what's the need for you to do and how it can help you with your future plans if you stick to the plan and not too emotional.

[Botnake]

Bitcoin is going to gain global recognition in the future, and the issues around Bitcoin usability will be more improved on to the extent that the network will be more flexible for small transactions with low fees and other fast factors that have pause limits to Bitcoin payments acceptance by businesses.


Going forward in this current time all that we need to do is to hold more Bitcoin and spend less of it as daily utilities currency if and since we have fiat to deal with that aspect of our life.

Bitcoin accumulation doesn’t have to be compromised. Just stick to bitcoin for long term investment, and everything will paid off in its perfect timing. You don’t have to get distracted with everything that’s going on, those are just challenges that we need to overcome from the start until the end of our investment. And if we are patient and open-minded to do it, we’ll be successful in the long run.

Bitcoin has already it’s inevitable huge potentials, we just have to have faith on it.

[dezoel]

It's already happening, many smaller countries are embracing crypto even legalizing it for payment, it's just never getting the spotlight because it's coming from a smaller countries.

Really? Can you list those 'many' countries? The one who became most famous for being the first to make it legal tender withdrew it.

Bitcoin is no longer legal tender in El Salvador

That is an unfortunate event, but it turns out, you can't force the public to do something they do not want to do. When the usage slowly dropped further and further, Bukele realized that while the idea was good and he definitely wishes people used it more, it just wasn't something the people wanted.

And as a good leader, you shouldn't force people to do something they do not want. On top of that, no place gave them any debt or credit neither, because of the risky bitcoin investment they had, so it was time to get rid of the pro-bitcoin move, in order to make the nation grow and be better. That doesn't mean they are against it now, they are still very pro-crypto country, they are just not as much as they used to be.

[Jawhead999]

The countries to accept Bitcoin as legal tender might be possible, but Bitcoin become common to be used as a currency, I'm very doubting it.

El Salvador and Central African Republic aren't even success at all to make Bitcoin to be legal tender, it might be they're small country, it might be they're not educated etc.

And you, the last paragraph you wrote is actually encourage people to hold Bitcoin instead of spend it, hence your dream aren't possible to happen.

[lionheart78]

Bitcoin is going to gain global recognition in the future, and the issues around Bitcoin usability will be more improved on to the extent that the network will be more flexible for small transactions with low fees and other fast factors that have pause limits to Bitcoin payments acceptance by businesses.

Bitcoin had already gained global recognition, I think its been years now since many country had been accepting Bitcoin for years.

Going forward in this current time all that we need to do is to hold more Bitcoin and spend less of it as daily utilities currency if and since we have fiat to deal with that aspect of our life.

I highly agree, accumulating more Bitcoin in hopes that after a cycle or two, Bitcoin will give us more than 10 folds as the outcome of our investment.  We can DCA or trade from time to time if there is a chance to get more Bitcoin from the trade in order to maximize our future profit.  This needs a lot of patience, funds and attention to the market price since we need to be in our toe of monitoring prices for possible budget buys.

[Princess Leah]

Bitcoin is going to gain global recognition in the future, and the issues around Bitcoin usability will be more improved on to the extent that the network will be more flexible for small transactions with low fees and other fast factors that have pause limits to Bitcoin payments acceptance by businesses.

Bitcoin had already gained global recognition, I think its been years now since many country had been accepting Bitcoin for years.

Going forward in this current time all that we need to do is to hold more Bitcoin and spend less of it as daily utilities currency if and since we have fiat to deal with that aspect of our life.

I highly agree, accumulating more Bitcoin in hopes that after a cycle or two, Bitcoin will give us more than 10 folds as the outcome of our investment.  We can DCA or trade from time to time if there is a chance to get more Bitcoin from the trade in order to maximize our future profit.  This needs a lot of patience, funds and attention to the market price since we need to be in our toe of monitoring prices for possible budget buys.

Concerning the global recognition of bitcoin, yes that's true it's now very popular globally but not yet used by everyone due to several regulations and bans in different countries both developed and under developed, however I believe that in the future it would be more different than now and many countries would uplift the bans and fully embrace it.

 Bitcoin has become more of an asset than a means of payment so the best thing to do with it is to store it in a secured wallet and hold for a longer period, it maybe be for a decade or more depending on the holders choice but the goal should be holding it for a longer period for more profits in the future.

[ShowOff]

Bitcoin is going to gain global recognition in the future, and the issues around Bitcoin usability will be more improved on to the extent that the network will be more flexible for small transactions with low fees and other fast factors that have pause limits to Bitcoin payments acceptance by businesses.


Going forward in this current time all that we need to do is to hold more Bitcoin and spend less of it as daily utilities currency if and since we have fiat to deal with that aspect of our life.

Bitcoin accumulation doesn’t have to be compromised. Just stick to bitcoin for long term investment, and everything will paid off in its perfect timing. You don’t have to get distracted with everything that’s going on, those are just challenges that we need to overcome from the start until the end of our investment. And if we are patient and open-minded to do it, we’ll be successful in the long run.

Bitcoin has already it’s inevitable huge potentials, we just have to have faith on it.

All it takes is patience, anyone who adopts Bitcoin will clearly benefit in the future. The trust of governments and various institutions in Bitcoin is increasingly evident, with many adopting it, and this will increase confidence in Bitcoin and drive its price to continue growing. Those who adopted it early are now seeing the results.

Price corrections influenced by various market sentiments are normal and should not change your attitude. I continue to strive to consistently adopt Bitcoin, even in small amounts, regardless of current sentiments. I assume Bitcoin will likely reach a new all time high in the near future.

[Rockstarguy]

At all to achieve these excitements as edge against economy inflations there, we also have to start buying now and look up to hodl in the long term and experiences some few if not more bullish festives where your portfolio grows so much matured while ETS will become key players. Perhaps we have got them all like BlackRock, Strategy and them all while those proposing institutions will always come to buy to keep volatility valuable consolidation phase in the long term.

With the state of inflation in today's economy, this is not supposed to be something preached about, but it is what people need to think about to invest in BTC because it is the only way to avoid inflation, which will cause one to lose value.

The good thing about investing in Bitcoin is that you don't need to invest 1 BTC but rather what you can afford, and the earlier you start, the better value you will gain if you hold long term and aggressively accumulate Bitcoin from time to time. This is the time people need Bitcoin more because inflation is making people poorer.

[Cryptohygenic]

There is a dream that somewhere in the future most countries will embrace and legalize bitcoin for legal tenders and I see even the common using bitcoin for payments and panicking over low liquidity became an old term for the market

There was a dream about that years ago, I don't many people still keep dreaming about that. Bitcoin has proven to be more useful as a store of value, and there are too many problems, such as legal and scalability issues, for it to be widely recognized as legal tender by most countries in the future.

Infact bitcoin has proven it all sorts of potentials and utilities.
Has proven it point of store of values. Historical market price can do justice to that if it arguable by the critics.
And so well it is being effective in used to make payments in different places and different forms but all services are being emphasized in the private sectors of not for El Salvador which is the only country that had exhibited the transformation with the  most friendly and convenience practices among others.
While we might crave for it convenience use case in the widely range, then regulations becomes a hindrance where governments have not authorized it for legal tenders.

[bangjoe]

There is a dream that somewhere in the future most countries will embrace and legalize bitcoin for legal tenders and I see even the common using bitcoin for payments and panicking over low liquidity became an old term for the market

There was a dream about that years ago, I don't many people still keep dreaming about that. Bitcoin has proven to be more useful as a store of value, and there are too many problems, such as legal and scalability issues, for it to be widely recognized as legal tender by most countries in the future.

Infact bitcoin has proven it all sorts of potentials and utilities.
Has proven it point of store of values. Historical market price can do justice to that if it arguable by the critics.
And so well it is being effective in used to make payments in different places and different forms but all services are being emphasized in the private sectors of not for El Salvador which is the only country that had exhibited the transformation with the  most friendly and convenience practices among others.
While we might crave for it convenience use case in the widely range, then regulations becomes a hindrance where governments have not authorized it for legal tenders.

The dream does exist and we can see it in the future, but the worst if it is not used by the general public around the world but has the potential to be a means of payment for global transactions, where Bitcoin will be valuable and valuable assets, so it can be made an alternative to international trade payments, this is what I want to see rather than being used by the general public.

Seeing how your country and my country do transactions without involving dollars, and we only have a loking on the value of goods and bitcoin as a means of payment, it seems like it is more attractive.

[Marvelockg]

Every bitcoin enthusiast also anticipate bitcoin going to the moon and probably getting accepted by all the major key players in the industry. the only thing is that while such expectattion is on one side, the way one goes about it is what makes the difference because you do not just allow your emotion get the better of you all because you are anticipating a bull that is going to be massive by reason of a speculated adoption. you while holding your conviction high still have to keep buying bit by bit with the right strategy preferably the DCA methord so you can effectively handle other aspect of your finance while you are still invested in bitcoin.

Even though bitcoin takes time to get really bulish, the rate of inflation on fiat still makes it a good option onme should consider as an edge agaisnt inflation so, you are certain that you are relatively safe when you keep your funds in bitcoin.

[Republikcoin.com]

Infact bitcoin has proven it all sorts of potentials and utilities.
Has proven it point of store of values. Historical market price can do justice to that if it arguable by the critics.
And so well it is being effective in used to make payments in different places and different forms but all services are being emphasized in the private sectors of not for El Salvador which is the only country that had exhibited the transformation with the  most friendly and convenience practices among others.
While we might crave for it convenience use case in the widely range, then regulations becomes a hindrance where governments have not authorized it for legal tenders.

Existing regulations within a country can be changed if the government desires Bitcoin to be used for legal tender, although some people will certainly not be willing to give up Bitcoin for something else or for assets less valuable than Bitcoin itself. Therefore, the use of fiat money will continue to be evenly distributed among everyone because people who understand the potential and realities of Bitcoin will certainly not recklessly spend the Bitcoin they have accumulated over time. I have also long recognized that Bitcoin is indeed capable of providing more through its value to all its holders, and this has also been recognized by the El Salvador government since 2021.

[I_Anime]

As time goes bitcoin tend to get more adaptation. One of the thing is that many people have heard of it but they don’t actually know how it works . Like in my region many folk know about bitcoin but they only sees it as means of investment alone , not seeing it as a currency, bitcoin was made for many purposes like seeing hedge against inflation and economic uncertainty. Just like they say you can force an horse to be stream but you can’t force it to drink from it , just play your part by enlightening them about bitcoin .

[Kelward]

As time goes bitcoin tend to get more adaptation. One of the thing is that many people have heard of it but they don’t actually know how it works . Like in my region many folk know about bitcoin but they only sees it as means of investment alone , not seeing it as a currency, bitcoin was made for many purposes like seeing hedge against inflation and economic uncertainty. Just like they say you can force an horse to be stream but you can’t force it to drink from it , just play your part by enlightening them about bitcoin .

Bitcoin don't have anything to prove to anyone at this stage, it's potentials as a store of value is clear for everyone to see, it now rests on individuals, institutions and governments to take advantage of it's values. Bitcoin is a blessing to this generation, we have a decentralized digital currency that is a hedge against inflation, we don't need to watch our money depreciating without hope of gaining value again. When you hold Bitcoin on the long term you're not just saving your money you're continuously adding value to it. I anticipate great things for every Bitcoin holders it's in their advantage to hodl it and become rich in the future according to their stash.

[YOSHIE]

I always tell my anticipating friend to calm down, I understand your anticipation and trust for bitcoin in the long run.

You do not need to anticipate, the logic of the government and large companies are already paraded with Bitcoin and they enter the market, then we still look at Bitcoin not a good thing, so for them the door speculation they are closed, without a clear goal.

So when else for Bitcoin users to use Bitcoin well times like this.
We don't need to anticipate excessively, speculation now can take us to a better direction in the future.

[Wiwo]

Bitcoin is currently taking over slow and steady and more investors are joining the bitcoin wagon every day. Bitcoin must not be made as a legal tender before it can be used for daily transactions because it's already happening. Those who are skeptical about bitcoin will miss out in future and regret their actions. This is why we need to take advantage of the opportunity on ground and invest in bitcoin and hodli for long term. However, make your privacy and anonymity your priority as you keep stacking up your portfolio.

Alot is projected for the future of bitcoin in the coming years and we should take a proactive measures to stay ahead of this opportunities that the current market presents, alot of folks thinks that bitcoin will head straight to the moon when it touched $123,000 price, they never take the time to consider any possible corrections face just like what we are experiencing right now.

The game is to hold steady and anticipate for a better ling term realities aling the line as we expect that to happen inn the near future.

[Yaunfitda]

Bitcoin is currently taking over slow and steady and more investors are joining the bitcoin wagon every day. Bitcoin must not be made as a legal tender before it can be used for daily transactions because it's already happening. Those who are skeptical about bitcoin will miss out in future and regret their actions. This is why we need to take advantage of the opportunity on ground and invest in bitcoin and hodli for long term. However, make your privacy and anonymity your priority as you keep stacking up your portfolio.

Alot is projected for the future of bitcoin in the coming years and we should take a proactive measures to stay ahead of this opportunities that the current market presents, alot of folks thinks that bitcoin will head straight to the moon when it touched $123,000 price, they never take the time to consider any possible corrections face just like what we are experiencing right now.

The game is to hold steady and anticipate for a better ling term realities aling the line as we expect that to happen inn the near future.

Yeah, we shouldn't panic at all, and just take advantage of every dip as what we say. We still have the last quarter in front of us. So even if this August is not good, we should just shrug it off and look forward. Again, a lot of leg room for us to work out and beat that previous all time high of $123k. I think everyone is still very positive that we are still in the path of $150k or higher. So just relax, there could be negative news like the Fed hike and other noises behind. But we should be ok, let that noises in the background settle down and we will all be good and be seeing the peak of this bull run at the end of the year.