Can Bitcoin Thrive??

[betswift]

This is a really generic question. But I wanted to Ask that Can Bitcoin really thrive?? Can it thrive in a world where The "Ultimate" powers like a currency which can be Manipulated, taken interest from, which is in their control, but Bitcoin is the opposite of it. So if it doesn't work in "their" interest will they let it thrive in the world?? Won't they show it as bad?? Won't they try to take it in control and Manipulate the price like Trump is Doing. And what steps should we take to stop that from happening.
Let me know what you guys think

If you think Bitcoin isn't thriving then you have a problem with Bitcoin. I won't go back talking about the history, since others has already made the point. I want you to take a look just within the space of this last halving and where we are today, read the market and answer for yourself if the market isn't thriving forward.

Governments are only going to regulate cryptocurrencies in a way it wouldn't affect their own system, some government think wisely in accepting Bitcoin to be part of their reserve strategy to boost their economy, what we see is Bitcoin striving.

Or just testing it out with their own funds, which they wouldn't spend if they didn't think it would be a success in 99% of cases

Govs are like bears - hard to poke at, but when it wakes - you can do little to stop em.

[Faisal2202]

This is a really generic question. But I wanted to Ask that Can Bitcoin really thrive?? Can it thrive in a world where The "Ultimate" powers like a currency which can be Manipulated, taken interest from, which is in their control, but Bitcoin is the opposite of it. So if it doesn't work in "their" interest will they let it thrive in the world?? Won't they show it as bad?? Won't they try to take it in control and Manipulate the price like Trump is Doing. And what steps should we take to stop that from happening.
Let me know what you guys think

Banks and governments will allow bitcoin to thrive. I was reading and writing on a topic previously on the same issue that the OP raised that how banks would react, how they will work, how much impact crypto adoption can have on fiat, etc.

In short, the same thing that you asked.

And my answer is the same, Bitcoin is thriving already, but the government is proposing legal frameworks because they can't stop it from thriving, so they are joining the club and finding ways to integrate somehow so they can get benefit too and right now they are earning billions.

[john_egbert]

This is a really generic question. But I wanted to Ask that Can Bitcoin really thrive?? Can it thrive in a world where The "Ultimate" powers like a currency which can be Manipulated, taken interest from, which is in their control, but Bitcoin is the opposite of it. So if it doesn't work in "their" interest will they let it thrive in the world?? Won't they show it as bad?? Won't they try to take it in control and Manipulate the price like Trump is Doing. And what steps should we take to stop that from happening.
Let me know what you guys think

Banks and governments will allow bitcoin to thrive. I was reading and writing on a topic previously on the same issue that the OP raised that how banks would react, how they will work, how much impact crypto adoption can have on fiat, etc.

In short, the same thing that you asked.

And my answer is the same, Bitcoin is thriving already, but the government is proposing legal frameworks because they can't stop it from thriving, so they are joining the club and finding ways to integrate somehow so they can get benefit too and right now they are earning billions.

if you can't beat them - join em, that's their motto for anything new to their established systems

BTC went through this test and will do the same with many more tests to come.

[Kelvinid]

The same question asked when bitcoin was still new, and now the same question arise from a beginner in the forum. But I would still want to give my own sight about this.

Bitcoin has existed for almost 2 decades now, so just imagine how it thrived for the longest time, and now the same question asked when bitcoin has already made countless achievements, and its current price is a big proof how high the increase is from its starting price of 0 value when it was launched way back 2009.

Bitcoin has never stop thriving, and it will continue to stand still and thrive for the next uncertain years.

[fighter2627]

Bitcoin has existed in this industry for so long, and yet, do we still really need to ask this question based on the OP’s title? I’m asking because Bitcoin has been around for 15 years does it still need to be questioned today? I apologize to others if I sound a bit blunt; even though my knowledge of Bitcoin isn't that deep yet, I can't help but wonder: isn't the answer to the OP's question just common sense?

So many large companies have adopted Bitcoin, and well-known billionaires are investing in it people like Trump, Elon Musk, Michael Saylor, and I'm sure the Facebook founders have bought some too. Even international celebrities like Keanu Reeves and massive firms like BlackRock are involved. To me, the answer is already clear, even as a beginner. Although, I admit I’m still studying it and there is still a lot for me to learn and discover.

[MainIbem]

History should teach you that Bitcoin is already thriving, check the price it was when Satoshi created it and compare it to now then you'll see how valuable it has become. So yes, Bitcoin is thriving and has the potential of doing better than this. Bitcoin would reward those who hold it for lomg as the value increases which is why those who believe in it should prioritise long-term holding cause Bitcoin would still get better than this in the future.

I would rather define "thriving" factor attaching it to adoption.

Price is one thing, but it goes hand-by-hand with demand and the people truly seeing potential in BTC.. as well as govs and businesses.

Concerning adoption, although lots of individuals, governments and businesses are yet to adopt it but there's a progress from what it used to be like in the early days, lots more people are beginning to see the potential it has as an asset and are seizing the opportunity to own infaxt there's more awareness than before so yes Bitcoin is thriving as the years goes by.

[Razmirraz]

Snip.

Concerning adoption, although lots of individuals, governments and businesses are yet to adopt it but there's a progress from what it used to be like in the early days, lots more people are beginning to see the potential it has as an asset and are seizing the opportunity to own infaxt there's more awareness than before so yes Bitcoin is thriving as the years goes by.

I also see the future of Bitcoin as very bright and will continue to grow in the future. It can be said that Bitcoin adoption is still in its infancy (due to its young age), but the progress achieved so far has been significant as individual, retail and institutional investors have begun to realize Bitcoin's potential as an asset and are taking advantage of the opportunity to own it as a reliable hedge.
As investors increasingly understand the potential of Bitcoin, and the technology and infrastructure supporting Bitcoin continues to develop, making it easier for people to buy and use it, governments will try to capitalize on Bitcoin by issuing clearer regulations, allowing them to benefit and its adoption to expand as people feel safer using it as a means of payment other than fiat currency or investing.

[Achalugo BTC]

Not only about what has happened in the past, if we talk about both the past and the present of what Bitcoin represents there should be so much reasons to trust the process when considering growth and achievement now and always, corrections are exceptional bound to happen because of it's volatility nature, in overall justification Bitcoin will keep going up than how it be coming down, we should be confident that Bitcoin will continue to increase in adoption and override every doubts of it's existence.

Well, you are right but its essential to act wisely in this present time, especially in terms of making decisions, because in this period anything can happen and might lead one into making mistakes that will cause them more of harm than good to their investment or decisions, which might lead them into regrets. And to prevent this, one has to be vigilant and cautious about the market, because any wrong move might destroy their investment.

[tbct_mt2]

I also see the future of Bitcoin as very bright and will continue to grow in the future. It can be said that Bitcoin adoption is still in its infancy (due to its young age), but the progress achieved so far has been significant as individual, retail and institutional investors have begun to realize Bitcoin's potential as an asset and are taking advantage of the opportunity to own it as a reliable hedge.

Bitcoin has a bright and very bullish future, fortunately not only you recognized it but there are many other people who believe the same. It contributes to Bitcoin adoption and demand on Bitcoin so that it is helpful and very necessary for increasing Bitcoin value and price.

If you don't know that there is a book The bullish case for Bitcoin, I recommend that you should read it. You have some interesting points for supporting your view on Bitcoin future, but I believe that this book will enlighten you more than that. It's a worthy book for any Bitcoin investors to have for reading and absorbing its messages.

[Fivestar4everMVP]

This is a really generic question. But I wanted to Ask that Can Bitcoin really thrive?? Can it thrive in a world where The "Ultimate" powers like a currency which can be Manipulated, taken interest from, which is in their control, but Bitcoin is the opposite of it. So if it doesn't work in "their" interest will they let it thrive in the world?? Won't they show it as bad?? Won't they try to take it in control and Manipulate the price like Trump is Doing. And what steps should we take to stop that from happening.
Let me know what you guys think

Bitcoin will thrive, but let me say that it won't be void of manipulations like what we are currently experiencing or seeing in the market, whether the government will like it or not, bitcoin is already here to stay and if their reason for buying or investing a lot of money in bitcoin is to manipulate the price, then the question will be, for how long will their manipulation hold on?

They can buy a lot of bitcoin and to dump the price of Bitcoin, they have to sell that large number of bitcoin they bought, at a point, they are doing to end up with an empty bitcoin wallet, are they going to buy more bitcoin to start another round of manipulation? Don't they have other importants things to engage themselves in?
The fact remains that who ever chooses to manipulate the price of Bitcoin will get tired eventually, and bitcoin will continue it's movement normally again, so yeah, bitcoin will thrive but like I said before, it may not be void of manipulation.

[betswift]

The same question asked when bitcoin was still new, and now the same question arise from a beginner in the forum. But I would still want to give my own sight about this.

Bitcoin has existed for almost 2 decades now, so just imagine how it thrived for the longest time, and now the same question asked when bitcoin has already made countless achievements, and its current price is a big proof how high the increase is from its starting price of 0 value when it was launched way back 2009.

Bitcoin has never stop thriving, and it will continue to stand still and thrive for the next uncertain years.

it can only stop to "thrive" when everybody would make their target to make BTC existing not as good as it is now.

But such a scenario leaves everybody without the profits at hands, so it probably won't be happening.

[puloweh555]

The same question asked when bitcoin was still new, and now the same question arise from a beginner in the forum. But I would still want to give my own sight about this.

Bitcoin has existed for almost 2 decades now, so just imagine how it thrived for the longest time, and now the same question asked when bitcoin has already made countless achievements, and its current price is a big proof how high the increase is from its starting price of 0 value when it was launched way back 2009.

Bitcoin has never stop thriving, and it will continue to stand still and thrive for the next uncertain years.

With Bitcoin's journey now almost two decades old we no longer need to doubt it. It has overcome numerous obstacles. There has been a lot of negative news and rumors about it from the past to the present, but it continues to grow rapidly. Bitcoin is not only developing as an investment asset, but many are also holding it even making it a national reserve asset.

So, with such significant growth what else could make you doubt this asset? Unless you're new to Bitcoin or haven't studied its history from its beginnings to its current value, as you mentioned. Bitcoin is an asset that can combat inflation, is simpler and its security is guaranteed. Moreover, its decentralized nature is a key advantage.

[MusaPk]

The same question asked when bitcoin was still new, and now the same question arise from a beginner in the forum. But I would still want to give my own sight about this.

Bitcoin has existed for almost 2 decades now, so just imagine how it thrived for the longest time, and now the same question asked when bitcoin has already made countless achievements, and its current price is a big proof how high the increase is from its starting price of 0 value when it was launched way back 2009.

Bitcoin has never stop thriving, and it will continue to stand still and thrive for the next uncertain years.

Bitcoin has made huge progress since its launch in terms of increasing its price along with building a global community. Seeing the popularity of Bitcoin, governments have realised that they can't stop its adoption and that's why almost every other government is forming a framework for adoption of Bitcoin in the country. The governments are doing that for there own benefit because if they stay away from it they will lose there share in a profitable business. As far as Bitcoin progress is concerned, it will continue with and without the support of the governments. 

[Emeraldo]

Not only about what has happened in the past, if we talk about both the past and the present of what Bitcoin represents there should be so much reasons to trust the process when considering growth and achievement now and always, corrections are exceptional bound to happen because of it's volatility nature, in overall justification Bitcoin will keep going up than how it be coming down, we should be confident that Bitcoin will continue to increase in adoption and override every doubts of it's existence.

Well, you are right but its essential to act wisely in this present time, especially in terms of making decisions, because in this period anything can happen and might lead one into making mistakes that will cause them more of harm than good to their investment or decisions, which might lead them into regrets. And to prevent this, one has to be vigilant and cautious about the market, because any wrong move might destroy their investment.

The market has been moving any how lately and it will be unfair to invest in Bitcoin without taking time to read through what's happening in the market. People are still losing money investing in Bitcoin because they can not take their time to learn how to make their investments stand for them. Staying profitable is what everyone is striving for and those that can not make money would have to learn everything they never to do to stay profitable. The market is dipping and it's time to make determine when to buy it relax for awhile.

[Rgram]

This is a really generic question. But I wanted to Ask that Can Bitcoin really thrive?? Can it thrive in a world where The "Ultimate" powers like a currency which can be Manipulated, taken interest from, which is in their control, but Bitcoin is the opposite of it.

That’s the idea, Bitcoin cannot be manipulated and the most the power drunk elites in the society can do is keep this truth hidden from the people. The greatest enemy to a people is misinformation and when you haven’t got knowledge of it, you really wouldn’t have any choice than to stick with Bitcoin. That’s some of the reasons why, you would always find those to have built wealth through the traditional monetary system always oppose and spread propagandas about Bitcoin.

The truth eventually doesn’t stay hidden and that’s how Bitcoin would thrive.

[HelliumZ]

Various countries have already tried to control Bitcoin but they have failed repeatedly. The large democratic country China has even stopped mining to control or enrich Bitcoin and has even banned Bitcoin several times. Even then, they could not control Bitcoin. Even other countries and companies in the world have tried many times on Bitcoin but they have also failed. In the long experience of 16 years, no one has been able to bring Bitcoin under their control, so no one will be able to control Bitcoin in the future or any third party will fail even if they try to dominate Bitcoin. Bitcoin is not just for one country, not for one nation, Bitcoin is universal.

[hd49728]

Various countries have already tried to control Bitcoin but they have failed repeatedly. The large democratic country China has even stopped mining to control or enrich Bitcoin and has even banned Bitcoin several times. Even then, they could not control Bitcoin. Even other countries and companies in the world have tried many times on Bitcoin but they have also failed. In the long experience of 16 years, no one has been able to bring Bitcoin under their control, so no one will be able to control Bitcoin in the future or any third party will fail even if they try to dominate Bitcoin. Bitcoin is not just for one country, not for one nation, Bitcoin is universal.

Countries and governments are aware of their national power so small countries will not try to do this because they know very well that they can not succeed. Such attempts or attacks to kill Bitcoin blockchain, to crack down Bitcoin mining industry, to censor Bitcoin transactions are from biggest nations globally from China to the USA.

So far both China and the USA. have failed with their attempts to either destroy Bitcoin blockchain or censor it.
China crackdown on Bitcion mining in 2021
Marathon Digital Holdings filtered Bitcoin transactions.
Transparency for Mining Pool Transaction Selection.

[Webutxo]

Concerning adoption, although lots of individuals, governments and businesses are yet to adopt it but there's a progress from what it used to be like in the early days, lots more people are beginning to see the potential it has as an asset and are seizing the opportunity to own infaxt there's more awareness than before so yes Bitcoin is thriving as the years goes by.

I think the adoption is beyond what we can call individuals, we have 3 to 4 countries that has adopted Bitcoin and allow it as legal tender, although the countries are not large in population but that's a win if you consider it as an adoption. We also have coperate companies and organization that are holding Bitcoin as there reserve in billions, this is how big adoption of Bitcoin has been and maintained its true decentralization without anyones interest in it.

Recently their has been some geopolitical interest in Bitcoin especially from the United States, the president is a Bitcoin guy and loves it just that I hate how he talks too much because he doesnt filter his mouth, his actions always comes with a consequences on the market, today he is fighting this country and tomorrow he is doing another one but Bitcoin changes with time, it will fade out and all their interests will not count again.

[krishnaverma]

This is a really generic question. But I wanted to Ask that Can Bitcoin really thrive?? Can it thrive in a world where The "Ultimate" powers like a currency which can be Manipulated, taken interest from, which is in their control, but Bitcoin is the opposite of it. So if it doesn't work in "their" interest will they let it thrive in the world?? Won't they show it as bad?? Won't they try to take it in control and Manipulate the price like Trump is Doing. And what steps should we take to stop that from happening.
Let me know what you guys think

See the performance of last 15 years and you will get your answer.

[Luzin]

I've been following Bitcoin since 2015. In my current context I think it's really incredible. How the market capitalization continues to increase. How the State began to interfere by building regulations. How elsalvador has been recognized as a legal tender. How did the big project come about? How the big institutions have competed to accumulate. This is already real evidence. This means that trust is increasing and this is already proof that Bitcoin is growing rapidly.