Future of Bitcoin

[Metha Wulandarin]

A similar thing happened to me, I also regret why I didn't buy Bitcoin when it was still cheap and held it until now. but it is natural that sometimes there are doubts and also needs that make us unable to make a decision to buy at that time

Everyone might also want the same thing not just us, now Bitcoin is a reference for all coins if later the most Bitcoin holders sell it continues what will happen to Bitcoin, if the supply of Bitcoin in the market has increased automatically the price will continue to decline.

It's normal to doubt if you don't have enough trust on it because we all have emotions. And in order to gain trust with Bitcoin we have to learn more about Bitcoin particularly the cycle of Bitcoin. If you know the market cycle, you will determine what will happen next to the price. There are four stages of market cycle, accumulation, advancing, distribution, declining. If you think we are in the distribution phase then you know what's next.

Maybe I should implement an easier system to manage my assets so that I don't get stuck in the cycle of distribution and decline.
Yesterday, I had a chat with a friend and discussed about crypto and how to avoid getting stuck in the decline zone and the solution to profit in the decline zone.

[jeraldskie11]

A similar thing happened to me, I also regret why I didn't buy Bitcoin when it was still cheap and held it until now. but it is natural that sometimes there are doubts and also needs that make us unable to make a decision to buy at that time

Everyone might also want the same thing not just us, now Bitcoin is a reference for all coins if later the most Bitcoin holders sell it continues what will happen to Bitcoin, if the supply of Bitcoin in the market has increased automatically the price will continue to decline.

It's normal to doubt if you don't have enough trust on it because we all have emotions. And in order to gain trust with Bitcoin we have to learn more about Bitcoin particularly the cycle of Bitcoin. If you know the market cycle, you will determine what will happen next to the price. There are four stages of market cycle, accumulation, advancing, distribution, declining. If you think we are in the distribution phase then you know what's next.

Maybe I should implement an easier system to manage my assets so that I don't get stuck in the cycle of distribution and decline.
Yesterday, I had a chat with a friend and discussed about crypto and how to avoid getting stuck in the decline zone and the solution to profit in the decline zone.

In my opinion, market cycle is not difficult to learn. Even new traders can learn it in just an hour. However, if we are in the live chart it quite challenging to dictate which stage we are now in the cycle, but eventually we can determine it easily. I don't think so if you can really don't get stuck to a coin you invested in if you don't know the market cycle. It's just like how can we ride a bike without a tire.

[Metha Wulandarin]

In my opinion, market cycle is not difficult to learn. Even new traders can learn it in just an hour. However, if we are in the live chart it quite challenging to dictate which stage we are now in the cycle, but eventually we can determine it easily. I don't think so if you can really don't get stuck to a coin you invested in if you don't know the market cycle. It's just like how can we ride a bike without a tire.

Not everyone can understand it easily and it is not enough to just learn about treding for an hour and understand everything, people who are used to treding every day still get stuck in the three zones, let alone new people who only learn for an hour.

[JISAN]

In my opinion, market cycle is not difficult to learn. Even new traders can learn it in just an hour. However, if we are in the live chart it quite challenging to dictate which stage we are now in the cycle, but eventually we can determine it easily. I don't think so if you can really don't get stuck to a coin you invested in if you don't know the market cycle. It's just like how can we ride a bike without a tire.

Wow really? Is it possible to understand trading strategies in just a few hours?  Is trading that easy? Trading is very risky and as much profit as possible from trading, there are also many losses to be faced.  But if you are holding you can't say it.Understanding this concept is a matter of hours. Because all it takes is understanding how to buy bitcoins and where to hold them safely

[NikeFit_7777]

A famous notepad that reads "Buy Bitcoin" is being sold at auction for 2.1 BTC ($140,000).

In 2017, when BTC was trading at $2300, an intern came to Janet Yellen's speech at Cogress - during her speech, which was broadcast live, Christian Langalis picked up the notepad for a few seconds and held it in front of the cameras until he was escorted out of the meeting.

Source link: https://scarce.city/auctions/buy-bitcoin

[KingsDen]

Now a day Bitcoin is a most valuable coin in the world. Some time it may lose its value but end of the day we see that it has risen very high.  so never need to be frustrated rather who looks forward must stay with Bitcon. I think it has a great future.

Don't worry, bitcoin will remain the best digital currency for the next 20 years because bitcoin will definitely run out of supply and will make bitcoin increasingly difficult to find. With the technology that bitcoin has, it is very useful for the future so I am sure that bitcoin in the future will be very expensive.

Bitcoin will remain a digital currency that is of interest to many investors, maybe in the next 10 or 20 years the price of bitcoin will be really expensive. As many members here predict Bitcoin will have a bright future, it looks like that will happen

Bitcoin as the mother of all cryptocurrencies is in a nutshell can be regarded as the "future" of cryptocurrency and because of the daily adoption of cryptocurrency as a means of exchange in different nations of the earth, the demand for Bitcoin will continue to rise thereby making it more valuable than it's ever been. The future of Bitcoin if you ask me will be greater than many people have ever imagined and that's why every investor in the Bitcoin network should be very happy with their choice of investment. Renowned financial experts from different financial institutions have analysed Bitcoin and have confirmed it's longevity and importance to the future generations. Bitcoin is the untold financial innovation that'll help foster easy transactions from nations of the earth of the generations past, and now that Bitcoin is finally here and adopted by the current generation, Bitcoin is the present and future financial solution to many of the transactional problems of the past

[Blaze]

Bitcoin as the mother of all cryptocurrencies is in a nutshell can be regarded as the "future" of cryptocurrency and because of the daily adoption of cryptocurrency as a means of exchange in different nations of the earth, the demand for Bitcoin will continue to rise thereby making it more valuable than it's ever been. The future of Bitcoin if you ask me will be greater than many people have ever imagined and that's why every investor in the Bitcoin network should be very happy with their choice of investment. Renowned financial experts from different financial institutions have analysed Bitcoin and have confirmed it's longevity and importance to the future generations. Bitcoin is the untold financial innovation that'll help foster easy transactions from nations of the earth of the generations past, and now that Bitcoin is finally here and adopted by the current generation, Bitcoin is the present and future financial solution to many of the transactional problems of the past

The future is unlikely to be the right currency to use for transactions. The comparison of the supply of Bitcoin and humans in this world is very different, so this will make Bitcoin price movements unstable and it will be dangerous if used to make transactions because the price exchange rates can fall and leave recipients of bitcoin payments without a profit

[Wiseman]

The future is unlikely to be the right currency to use for transactions. The comparison of the supply of Bitcoin and humans in this world is very different, so this will make Bitcoin price movements unstable and it will be dangerous if used to make transactions because the price exchange rates can fall and leave recipients of bitcoin payments without a profit

I think you are right because Bitcoins cannot be the currency of the future simply because in order to use transactions you need someone to mine Bitcoin. And when in the future there will be a last Bitcoin. And no one will mine it, which means that no one will provide the capacity so that it would be possible to transfer Bitcoin from one Wallet to another only if they do not come up with some kind of workaround to make this possible.

[gunhell16]

A similar thing happened to me, I also regret why I didn't buy Bitcoin when it was still cheap and held it until now. but it is natural that sometimes there are doubts and also needs that make us unable to make a decision to buy at that time

Everyone might also want the same thing not just us, now Bitcoin is a reference for all coins if later the most Bitcoin holders sell it continues what will happen to Bitcoin, if the supply of Bitcoin in the market has increased automatically the price will continue to decline.

It's normal to doubt if you don't have enough trust on it because we all have emotions. And in order to gain trust with Bitcoin we have to learn more about Bitcoin particularly the cycle of Bitcoin. If you know the market cycle, you will determine what will happen next to the price. There are four stages of market cycle, accumulation, advancing, distribution, declining. If you think we are in the distribution phase then you know what's next.

Maybe I should implement an easier system to manage my assets so that I don't get stuck in the cycle of distribution and decline.
Yesterday, I had a chat with a friend and discussed about crypto and how to avoid getting stuck in the decline zone and the solution to profit in the decline zone.

In my opinion, market cycle is not difficult to learn. Even new traders can learn it in just an hour. However, if we are in the live chart it quite challenging to dictate which stage we are now in the cycle, but eventually we can determine it easily. I don't think so if you can really don't get stuck to a coin you invested in if you don't know the market cycle. It's just like how can we ride a bike without a tire.

There is definitely a future for Bitcoin and even for other cryptocurrencies that are in the top market. The only issue and problem with bitcoin is when there is a high fee. And it cannot be denied that these few days that have passed, the fee amount is too high for bitcoiners who make transactions that are no longer continued because it is too expensive.

This kind of Bitcoin system really, if it doesn't change or make a way, will gradually lose its users; if there are any left, maybe only the rich people. Of course, if it's just me, why would I persist in saving? If there is another blockchain network that also has the potential to provide high profits in the future and then the network fee is even cheaper, I won't regret it. I say this because I'm just being practical.

[rizqillah]

The future is unlikely to be the right currency to use for transactions. The comparison of the supply of Bitcoin and humans in this world is very different, so this will make Bitcoin price movements unstable and it will be dangerous if used to make transactions because the price exchange rates can fall and leave recipients of bitcoin payments without a profit

I think you are right because Bitcoins cannot be the currency of the future simply because in order to use transactions you need someone to mine Bitcoin. And when in the future there will be a last Bitcoin. And no one will mine it, which means that no one will provide the capacity so that it would be possible to transfer Bitcoin from one Wallet to another only if they do not come up with some kind of workaround to make this possible.

I think mining bitcoin will still be done in the future because it is still profitable, especially since it is possible that in the future the price of bitcoin will be higher than today. So the opportunity for Bitcoin to become the currency of the future, I think is still there and is likely to happen

[Jamal Aezaz]

In my opinion, market cycle is not difficult to learn. Even new traders can learn it in just an hour. However, if we are in the live chart it quite challenging to dictate which stage we are now in the cycle, but eventually we can determine it easily. I don't think so if you can really don't get stuck to a coin you invested in if you don't know the market cycle. It's just like how can we ride a bike without a tire.

If we imagine trading then it looks like an easy field but in reality it takes a long time to learn and everyone cannot learn it even by spending lots of years. People when watching videos think that they have learned all the things but reality is totally different from that or hearing which can only be possible when you get experience through using your learned knowledge.

Knowledge is a must and an hour is not enough to get all the necessary information therefore don't think it is too easy because such types of people find great troubles when entering into the market.

[Wiseman]

The future is unlikely to be the right currency to use for transactions. The comparison of the supply of Bitcoin and humans in this world is very different, so this will make Bitcoin price movements unstable and it will be dangerous if used to make transactions because the price exchange rates can fall and leave recipients of bitcoin payments without a profit

I think you are right because Bitcoins cannot be the currency of the future simply because in order to use transactions you need someone to mine Bitcoin. And when in the future there will be a last Bitcoin. And no one will mine it, which means that no one will provide the capacity so that it would be possible to transfer Bitcoin from one Wallet to another only if they do not come up with some kind of workaround to make this possible.

I think mining bitcoin will still be done in the future because it is still profitable, especially since it is possible that in the future the price of bitcoin will be higher than today. So the opportunity for Bitcoin to become the currency of the future, I think is still there and is likely to happen

Bitcoin mining has not been so profitable for a long time. Do you think because everyone who is currently engaged in Bitcoin mining has either free electricity, but this category of people are most likely scammers or Those who have huge subsidies and electricity costs them very cheap, for everyone else it is not profitable to mine Bitcoin.

[rizqillah]

I think mining bitcoin will still be done in the future because it is still profitable, especially since it is possible that in the future the price of bitcoin will be higher than today. So the opportunity for Bitcoin to become the currency of the future, I think is still there and is likely to happen

Bitcoin mining has not been so profitable for a long time. Do you think because everyone who is currently engaged in Bitcoin mining has either free electricity, but this category of people are most likely scammers or Those who have huge subsidies and electricity costs them very cheap, for everyone else it is not profitable to mine Bitcoin.
[/quote]
Bitcoin mining requires large costs, procurement of equipment, electricity costs, etc. but until now there are still many bitcoin miners who are still active and surviving, so I think bitcoin mining is still profitable.

[Wiseman]

Bitcoin mining requires large costs, procurement of equipment, electricity costs, etc. but until now there are still many bitcoin miners who are still active and surviving, so I think bitcoin mining is still profitable.

You just used the word survive, but this does not mean that it is profitable. I myself was once a Miner and I make good money from it, but for more than 3 years now, mining has not been very profitable, especially for my Bitcoins, because previously I was engaged in mining on video cards. And even if mining went down for some small profit, I could always sell these video cards and make a profit from it, but selling old ASICs is unrealistic; no one needs them.

[JISAN]

Bitcoin mining requires large costs, procurement of equipment, electricity costs, etc. but until now there are still many bitcoin miners who are still active and surviving, so I think bitcoin mining is still profitable.

You just used the word survive, but this does not mean that it is profitable. I myself was once a Miner and I make good money from it, but for more than 3 years now, mining has not been very profitable, especially for my Bitcoins, because previously I was engaged in mining on video cards. And even if mining went down for some small profit, I could always sell these video cards and make a profit from it, but selling old ASICs is unrealistic; no one needs them.

Bitcoin mining rate now very low So mining is not very profitable now.  But if one has enough money to invest then he can invest in Bitcoin for long term and it is possible to get more returns than other investments but if one is a panic seller then the investment will not give good results for him. on the other hand they will lose  The future of Bitcoin is great but not everyone can take advantage of it. for those who can patiently hold Bitcoin for a long time, the future of Bitcoin and themself is bright as well.