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Author Topic: Why did you have faith in btc?  (Read 10976 times)

Offline ramarajs14

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Re: Why did you have faith in btc?
« Reply #30 on: July 12, 2021, 10:05:23 AM »
According to Glassnode, investors with a long-term risk outlook have been accumulating the top crypto. Specifically, the Liveliness metric shows a shift in long-term investor behavior. The shift shows investors are now “macro hodling”. Notably, Glassnode believes the trend represents a ritualized response to downward market trends. like this type investors believe in the technology behind BTC always remains, so that we can hold with them. always we need to do our own research before investing.

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Re: Why did you have faith in btc?
« Reply #30 on: July 12, 2021, 10:05:23 AM »

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Re: Why did you have faith in btc?
« Reply #31 on: July 12, 2021, 03:19:29 PM »
BTC deserves to be trusted because it is like the main coin in crypto industry. We all must know that BTC is the only coin to bring very significant impacts to other crypto prices. Even ETH cannot have a significant role like BTC, BTC is really the top 1 crypto coin so far. So, why not if we believe in BTC future and hold it for a long time.
Bitcoin is for long term investment. There are so many people in cryptocurrencies now that are impatient to wait the great day of Bitcoin to increase. Because of impatience people prefer to buy the short term tokens to earn profit in a single blow. They follow the trend and take advantage the X10 increase during its own bullish then leave the project immediately.
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Re: Why did you have faith in btc?
« Reply #32 on: July 13, 2021, 02:05:23 PM »
BTC and ETH are the only two coins you "invest" in.
All others you "speculate" on. Yes, the reward is not the same as a potential 20x alt coins, but BTC and ETH aren't going to evaporate either
The whole market reacts to bitcoin.
Bitcoin is Giant coin and only high demand coin
I agree because BTC and ETH is a huge coin and secure not scam. Both coins are very popular globally to the point BTC and ETH are mostly in another blockchain. Exchanges and wallet automatically list them so everyone can track the price.
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Offline tervel

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Re: Why did you have faith in btc?
« Reply #33 on: July 13, 2021, 02:16:55 PM »
The digital currency that was once viewed as mysterious by many in the past has now exploded in both value and popularity. More and more retail investors are interested in purchasing Bitcoin now more than ever.

Offline bitcoin-shark

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Re: Why did you have faith in btc?
« Reply #34 on: July 13, 2021, 09:07:08 PM »
if you follow the market for some time you understand that it is cyclical and that sooner or later the value of bitcoin will rise again, in my opinion it is useless to sell at a loss, however now even if its value has halved since the beginning of the year it is always higher at 2017 value, we just have to wait

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Re: Why did you have faith in btc?
« Reply #35 on: July 13, 2021, 11:09:18 PM »
I think the reason comes from the whale's actions. If whales do not pump BTC price immediately after  BTC halving, the BTC price will likely drop to zero quickly, or at best reach a value of several thousand dollars or because of thousands of dollars as it is now. Whales pump BTC price to create FOMO and attract money flow from new investors, then at the end of the cycle, whales sell BTC for profit.
Currently many businesses, investment funds and many banks accept BTC, so the value of BTC is more guaranteed.
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Offline I-Bit

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Re: Why did you have faith in btc?
« Reply #36 on: July 13, 2021, 11:46:42 PM »
Bitcoin is Giant coin and only high demand coin
Only high demand? I think other coins also have high demand. BTC maybe sometimes have a higher demand, but it doesn't happen every day. There should be a time when demand for BTC isn't too high as usual. Instead, some trending crypto coins can have higher demand. For example, there is time when Defi coins have big demands.

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Re: Why did you have faith in btc?
« Reply #36 on: July 13, 2021, 11:46:42 PM »


Online Jaephoenix

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Re: Why did you have faith in btc?
« Reply #37 on: July 14, 2021, 12:12:39 AM »
I believe bitcoin still have relevance in this crypto stage. Its popularity is not questionable

Offline bigcash2011

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Re: Why did you have faith in btc?
« Reply #38 on: July 14, 2021, 12:19:22 PM »
Obviously because of the few main reasons like decentralization, innovation, adoption being happening now and global governments starting to coming up with crypto favoring regulations plus the scarcity. All these things make bitcoin the most attractive asset of all time.

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Re: Why did you have faith in btc?
« Reply #39 on: July 14, 2021, 11:45:53 PM »
IMO, I have seen the progress and the journey of Bitcoin, from zero to this right now condition. Up and down market, so many FUD reaching and this still survive. I see how people are turning from hating Bitcoin to liking Bitcoin. And I also believe that the adoption of Bitcoin will be always progress worldwide.

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Re: Why did you have faith in btc?
« Reply #40 on: July 15, 2021, 03:45:56 PM »
The developments in the near term are likely to prove decisive as the currency balances the tipping point of mainstream acceptance. I expect too BTC become the currency of choice for international trade.

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Re: Why did you have faith in btc?
« Reply #41 on: July 17, 2021, 06:25:02 PM »
I agree faith came from data and result, other reason is challenge. Bitcoin create hope and hard work give us income, many people show their victory created reality. Whatever the reason, bitcoin change our life and we should say thank you and become follower are the answer.

Offline kent47400

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Re: Why did you have faith in btc?
« Reply #42 on: July 18, 2021, 05:15:56 AM »
I believe that Bitcoin will increase in price because the price of Bitcoin is increasingly being used up in the mine and if it runs out in the mine, the price will rise because of the demand from the market that is so much
Like mining iron, copper, silver, diamonds and gold, if all of them are used up in the mine, the price will continue to rise and I can really feel it for iron, when my husband will build a house fence whose iron starts to get expensive.
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Re: Why did you have faith in btc?
« Reply #43 on: July 18, 2021, 11:56:23 AM »
I have a lot of confidence in BTC. I am posting good comments on this topic as I know a lot about BTC. And those who don't know much about BTC can make nonsensical comments. BTC is the king of cryptocurrency. How can I trust all the other coins if we don't trust the king.

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Re: Why did you have faith in btc?
« Reply #44 on: July 20, 2021, 10:20:01 AM »
I believe that Bitcoin will increase in price because the price of Bitcoin is increasingly being used up in the mine and if it runs out in the mine, the price will rise because of the demand from the market that is so much
Like mining iron, copper, silver, diamonds and gold, if all of them are used up in the mine, the price will continue to rise and I can really feel it for iron, when my husband will build a house fence whose iron starts to get expensive.
what you say is a halving process that happens every 4 years and it's true, more demand than supply will make prices go higher. as well as the halving event in bitcoin, it is certain that it will happen. The 2020 halving should be an increase at the end of next year 2021, and we will wait for that. if the halving effect occurs at the end of this year, there will be a very fantastic price, renewable ATH will be formed with a very high value.
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