Bitcoin's light will never fade

[CryptoBuds]

Bitcoin is currently not only used as a currency as was its original purpose. But It has also become an asset that serves as a store of value.
And what are your expectations for Bitcoin in the next phase?

Yes, price is main attraction here. But I think we now have an alternative. If you don't want to rely entirely on inflationary fiat system or centralized financial institution then you now have at least a new path. I may not be able to say for sure where Bitcoin will go in next 3 or 10 year. But despite all the criticism, ban, crashes and negative prediction over past 17 year, Bitcoin has continued to function as network. My expectation is that Bitcoin will mature even more in next phase. And my only hope is that Bitcoin will become stronger censorship-resistant settlement layer.

[Audrey Simmons]

I’d like to know, do you greatly appreciate the fact that Bitcoin has been with us all this time? And what are your expectations for Bitcoin in the next phase?

Too bad, not many appreciate Satoshi's good work. What good did Satoshi do for us? He gave us an option of authority over a centralized monetary system, quite surprising, Bitcoin not only fulfilled in that aspect, but also extended towards an asset with great ROI.

My expectation in the next phase is for Bitcoin to reach $1M (exaggerating a bit), not to over exaggerate the whole thing, but after the next halving, I want the price of Bitcoin to be approaching $1M, those who are buying now to sell later will experience what those who bought for $1000 and sold for $10K felt and how they never regretted their decision.

[GeorgeJohn]

Bitcoin has been around for quite some time ever since the genesis block, where the very first block of the Bitcoin blockchain was created in January 2009. And perhaps we don't even notice that Bitcoin will have been around for nearly 6,500 days. In just about three more years Bitcoin will celebrate its 20th anniversary.

i will be glad for bitcoin to celebrate 20th anniversary, because it's had to believe that bitcoin would have survive till now...When bitcoin were launched, many people were against bitcoin, including government of some countries, and that was one of the things that puts fear into some investors, and people declined to accept bitcoin because many false allegation's about the existence of bitcoin..but today Bitcoin is massively adopted by his haters....

I just hope that we dont see any negative scenario (again) in the future... likewise crisis of atm or some other government failure.

That's the wish of everyone who have passion in Bitcoin, many people have putting hopes on bitcoin, if Bitcoin experience more negative scenarios, that can touch many life's of investors negatively...

[Franklyn-wood]

I’d like to know, do you greatly appreciate the fact that Bitcoin has been with us all this time? And what are your expectations for Bitcoin in the next phase?

Too bad, not many appreciate Satoshi's good work. What good did Satoshi do for us? He gave us an option of authority over a centralized monetary system, quite surprising, Bitcoin not only fulfilled in that aspect, but also extended towards an asset with great ROI.

My expectation in the next phase is for Bitcoin to reach $1M (exaggerating a bit), not to over exaggerate the whole thing, but after the next halving, I want the price of Bitcoin to be approaching $1M, those who are buying now to sell later will experience what those who bought for $1000 and sold for $10K felt and how they never regretted their decision.

Hahaha this must be faith in motion as regarding Bitcoin reaching a climax of $1m, before it gets to this stage fiat would have been rendered impotent then that price will be considered but for now I don't think that it will rise up to that amount in the nearest future.
If large amount of it can be protected by organization and more adoption process is allowed then it will be possible to reach that mile stone of $1m which will pay off many who are holding there investment up till that time.

[Y3shot]

I’d like to know, do you greatly appreciate the fact that Bitcoin has been with us all this time? And what are your expectations for Bitcoin in the next phase?

Bitcoin is an eye-opener to understand traditional currency, which you can have and keep in the bank, but it loses value unknowingly to some. Bitcoin is real money, and since its existence, it has provided freedom and financial stability.

The only expectation I have for Bitcoin is that it will continue to hold good value, which investors will always see as a shield to protect against traditional currency. The existence of Bitcoin so far is good enough for people to see for themselves and shouldn't be undermined by those who do not understand Bitcoin, leading them to make the wrong decision.

[Taricoins]

I just hope that we dont see any negative scenario (again) in the future... likewise crisis of atm or some other government failure.

That's the wish of everyone who have passion in Bitcoin, many people have putting hopes on Bitcoin. If Bitcoin experience more negative scenarios, that can touch many lives of investors negatively...

Bitcoin has grown so big to the stage that if anything negative happens on a large scale, it will affect the lives of so many persons, even major governments, because the tide has changed with governments that hated Bitcoin, and they are now having large portions of Bitcoin as reserves.

The hate and attacks that Bitcoin has faced over the years have been great, but it has always found a way to survive and thrive, which makes it different from all the rest of the coins in the crypto market, and this level of growth is just the beginning of something far greater because so many countries that were haters are now changing their policies in such a way that they can get benefits from it.

[Alphakilo]

The use case of Bitcoin is evolving by the day, still we see the resilience it has shown so far.
One good thing I have come to appreciate about Bitcoin is its independent nature, in that, even when it is being traded in an exchange and something happens to the exchange, it doesn't affect the performance or the price at large of Bitcoin. It is immutable, decentralized and an asset of value that has survived its own battles to gain the trust that we the users have for it.

[Miles2006]

Bitcoin has a wide variety of meanings which I find beneficial reason why bitcoin adoption rate continues to grow larger, everyone who believe in bitcoin is either profiting from holding bitcoin, trade etc so clearly bitcoin is a top asset.

I’d like to know, do you greatly appreciate the fact that Bitcoin has been with us all this time? And what are your expectations for Bitcoin in the next phase?

Definitely, I do appreciate the fact bitcoin has been with us for a long time despite the fact many are getting to know bitcoin recently still does change a thing because bitcoin is always accessible although when referring to bitcoin success, the honest truth is no one can judge the outcome for a very long time rather we just predict with the hope obviously viewing past event you can tell bitcoin will always rise no matter the fall in price, bitcoin has proven over time.

[Odogwu-Blockchain]

I’d like to know, do you greatly appreciate the fact that Bitcoin has been with us all this time? And what are your expectations for Bitcoin in the next phase?

Why Bitcoin has to overcome all these and become great is because she has stood the test of time, so many industries, news media and governmental agencies tried as much as possible to dime it's light but all failed. Even when the strike hits it and has a sudden negative effects on it, Bitcoin stood up and still perform putting the haters to shame thereby causing more investors to consider getting involved in it.

This is just the beginning yet, I must say. What marvels me is that the same government that tried to fight it is now putting funds to be grabbing more quantity consistently. It's funny but not funny.

[Accardo]

Bitcoin's light will shine constant like the northern star, but there're several other challenges in the mining sector that requires clarifications. Fluidstack and Google are cutting deals with major bitcoin miners to pivot into AI and HPC, to run training and inference for AI models. Seeing about 70% of bitcoin miners moving into AI is not something to worry about, but what action they'll take afterward is worrisome. Should they refuse to work on a hybrid term, that is working both on bitcoin mining and AI, and sell off their bitcoins to invest into AI entirely like Riot did, wouldn't it affect the price of bitcoin in a way that it stabilizes rather than seeing a rapid growth like a massive ath?

[GeorgeJohn]

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Bitcoin has grown so big to the stage that if anything negative happens on a large scale, it will affect the lives of so many persons, even major governments, because the tide has changed with governments that hated Bitcoin, and they are now having large portions of Bitcoin as reserves.

You can notice that the pressure of government bringing the values of bitcoin and also restricte bitcoin for transactions, are no longer on their template....most of the countries are investing in bitcoin for economy booster and economy reserves...so the tensions of Tagging bitcoin as means of involving in money laundering has been subsided..that's why you see bitcoin survive till date, I will also agree with your perception, saying that most the government officials are the one holding major portions of bitcoin...so they're many factors that can make bitcoin not to have a negative record through the government currently...

[Asiska02]

Bitcoin's light will shine constant like the northern star, but there're several other challenges in the mining sector that requires clarifications. Fluidstack and Google are cutting deals with major bitcoin miners to pivot into AI and HPC, to run training and inference for AI models. Seeing about 70% of bitcoin miners moving into AI is not something to worry about, but what action they'll take afterward is worrisome. Should they refuse to work on a hybrid term, that is working both on bitcoin mining and AI, and sell off their bitcoins to invest into AI entirely like Riot did, wouldn't it affect the price of bitcoin in a way that it stabilizes rather than seeing a rapid growth like a massive ath?

This is not something to be worrisome about because if a large number of miners decides to stop mining and switch to AI and sell their bitcoins to invest into HPC/AI, the market will get to stabilise back and the all time high will be achieved again. They are just one side of selling pressure which is expected and their sell have been happening even before now. Their selling pressure will disrupt the market, but in no time the market will stabilize again and a new all time high will happen. If 70% of miners decided to stop, it’ll make it easier for the remaining miners to become more profitable. Miners know the value of the asset they’re holding, and it’ll be unwise they sell all of their assets. What I think they’ll likely do is to allocate some percentage of their money into HPC/AI and switch between this two to make money from time to time.

[davis196]

Bitcoin has been around for quite some time ever since the genesis block, where the very first block of the Bitcoin blockchain was created in January 2009. And perhaps we don't even notice that Bitcoin will have been around for nearly 6,500 days. In just about three more years Bitcoin will celebrate its 20th anniversary. This year Bitcoin has reached its sweet 17th year. Bitcoin so far has successfully weathered all the drama with its excellent performance. And all the negative press surrounding Bitcoin has been successfully dispelled with a strength that can never be overthrown. Bitcoin is currently not only used as a currency as was its original purpose. But It has also become an asset that serves as a store of value. I personally in awe and even feel a deep respect for everything Bitcoin has provided us so far. Bitcoin has been immensely beneficial to us in every way we’ve utilized it. My only hope for Bitcoin’s future is that it continues to illuminate the world with a light that will never fade. The bright light of Bitcoin has shown us a wonderful path that has allowed us to come this far with ease. I can’t imagine what our lives would be like without Bitcoin which has given us freedom.

I’d like to know, do you greatly appreciate the fact that Bitcoin has been with us all this time? And what are your expectations for Bitcoin in the next phase?

1.This forum is full with "Bitcoin is great" and "Bitcoin is awesome" type of forum threads and posts. Praising Bitcoin on a Bitcoin forum seems kinda pointless to me. Such forum threads and posts don't add anything new to the conversation and they make the forum look more like an "echo chamber" rather than a place for genuine discussions.
2.Never say never and nothing lasts forever. We should never become sentimental, when it comes to financial assets and personal finance.
Bitcoin has helped me a lot with my personal finance throughout the last 10 years, but I can't tell whether Bitcoin will survive and thrive in the next 50 years or will it become obsolete after 5 or 10 years. I'm not a fortune teller.

[m2017]

In just about three more years Bitcoin will celebrate its 20th anniversary.

Don't rush things. What if it doesn't happen?

Bitcoin is currently not only used as a currency as was its original purpose. But It has also become an asset that serves as a store of value.

Tell me how you managed to maintain your value when bitcoin fell from $ 120k. to $ 60k.?

In fact, bitcoin has become a speculative asset, meaning it's something that makes money from the difference between the purchase and sale price.

I personally in awe and even feel a deep respect for everything Bitcoin has provided us so far. Bitcoin has been immensely beneficial to us in every way we’ve utilized it.

Please, tell me what bitcoin gave you? I mean, exactly what benefit did you get from using bitcoin? I'm curious to know your personal experience.

I can’t imagine what our lives would be like without Bitcoin which has given us freedom.

Isn't this the kind of freedom we have when we wait for the approval and adoption of laws concerning the regulation of bitcoin and the entire industry by the regulator?

I’d like to know, do you greatly appreciate the fact that Bitcoin has been with us all this time? And what are your expectations for Bitcoin in the next phase?

It wasn't bitcoin that was with us, but we were with it. Because without the BTC-community formed around this asset, no one would need it.

And what can you expect from an asset? Only growth? It's an inanimate object capable of making decisions and changing at will. It's impossible to expect anything from bitcoin. Expectations should be directed toward the BTC-community, which can guide bitcoin's development in various directions, as well as toward the actions of the regulator, which can also influence the future of this asset.

[Oshio-man]

It show that the founder of bitcoin think wisely to create bitcoin to reduced unemployment and delay in transaction, everything he or she created is still working the way it was created to remain in decentralized currency, which is what bitcoiners are enjoying today, bitcoin has dominated all over the world because there is no country you will visit today you will not see bitcoiners despite some government don't want their citizens to be involve in bitcoin but they are still finding their way to bitcoin because is not under the government control.

[Ahli38]

There are still those who aren't convinced of Bitcoin even as its performance has continued to soar. Bitcoin has been a great help to you all this time by opening up new possibilities in the world of finance one filled with freedom. And you’ve seen how conventional stocks are beginning to follow in Bitcoin’s footsteps becoming tradable by anyone. But some of those stocks can only follow in Bitcoin’s footsteps without that freedom, where they can only be traded through centralized platforms. On the other hand Bitcoin can be used for any purpose or even as a medium of exchange, where it is the primary reason it was created so that anyone can send money quickly without restrictions. And no one can interrupt your transactions by freezing them such as some stablecoins. So I personally see Bitcoin as being similar to highly valuable gold something everyone wants and even nations are accumulating Bitcoin. If those nations didn’t consider Bitcoin a highly valuable asset that has the potential for long-term value appreciation then they would have already sold all the Bitcoin they hold for their own needs. But why are they still holding onto it?

[Aanuoluwatofunmi]

I’d like to know, do you greatly appreciate the fact that Bitcoin has been with us all this time? And what are your expectations for Bitcoin in the next phase?

Bitcoin like no other, we have and we must appreciate every investment opportunity on it for our adoption, that have encountered bitcoin have always been grateful for such and awesome privilege they had, because bitcoin will always Grant you the freedom you needed when it's comes to financial economy and also put you in control of what belongs to you, no one will know all this till never appreciate having bitcoin for this reason and beyond, my expectation is to remain committed to the network and as well take advantage of every investment opportunity for my profitability.

[Faisal2202]

Yes, price is main attraction here. But I think we now have an alternative. If you don't want to rely entirely on inflationary fiat system or centralized financial institution then you now have at least a new path. I may not be able to say for sure where Bitcoin will go in next 3 or 10 year. But despite all the criticism, ban, crashes and negative prediction over past 17 year, Bitcoin has continued to function as network. My expectation is that Bitcoin will mature even more in next phase. And my only hope is that Bitcoin will become stronger censorship-resistant settlement layer.

Bitcoin has just stepped into adulthood, it has already lived 17 years which was the difficult timeline for its adoption but it still made it out right as a fine hard working kid on which we can bet (not really bet).

So now it is only going to be mature, still a hell lot of room for growth so that's why everyone with spare money is investing in Bitcoin because stocks and gold is not as volatile as bitcoin is so investors can make a lot of money by just holding it for another 17 years but bitcoiners should also explore the real usage like they should use it for payment as well. They should not hold it for a long time with the mind set of not selling it ever, because we must use our bitcoins and that will how people will understand why it was important.

[Hazink]

I’d like to know, do you greatly appreciate the fact that Bitcoin has been with us all this time? And what are your expectations for Bitcoin in the next phase?

I appreciate the idea behind it. I appreciate the team (Satoshi) who brought the idea to reality. I also appreciate those who are actively making sure it works. It’s a long journey, but not all are still fully convinced about what bitcoin stands for.

Some still look at it as a tool which is meant only to be used by those who have something to hide. Some media still paint it bad each time it appears to be used by evil actors to facilitate their crime, in time to come I hope the number of people who see Bitcoin for what it is increases and those who criticize it will have fewer engagement because everyone is tired of their nonsense and lies.

[Antotena]

The existence of Bitcoin has really changed the way people think about money, Bitcoin has also proven to us that the existence of digital money is possible. I can remember vividly when Bitcoin was created many people doubted Bitcoin they never believed in Bitcoin for a second, and what people once looked down on is now one of the greatest innovation that have ever existed. I'm glad I found way to thie crypto space and I'm proud to be a bitcoiner.

You should highlight it and say the way some people, not everyone because there people that if you should give them $100 reward of Bitcoin for free instruct them to hold, they will sell it at instant. That tells you that some people see Bitcoin as money but don't have the patient to hold, some people believe Bitcoin as censorship resistance itself than what other people, people have what they like about Bitcoin that's why the view is subjective.

However, I still think that not everyone will want to have Bitcoin, it may be due to the fact that some people are already established into other business and telling them to join Bitcoin will be hard for them. Till now, some stock tycoons has refused to buy Bitcoin because they hold big stake in stock market, if they pull that game that they are investing in Bitcoin, they fear it will drag them to Bitcoin and may lose values they have built over there.