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Author Topic: Bitcoin: The Most Beautiful Currency in the World  (Read 2470 times)

Offline Gurujebs

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Re: Bitcoin: The Most Beautiful Currency in the World
« Reply #60 on: May 27, 2024, 02:30:09 PM »
Yes, I think Bitcoin: is the most beautiful currency in the world because currently Bitcoin is more popular digital payment transaction. This revolutionary digital currency has changed the lives of many people since its introduction. I believe this is the best currency the world has ever seen and I can understand it
We can see that its existence has been rejected in the governments of many countries, but there are also governments of many countries which accept it as their official currency.
I think Bitcoin has given people like me an opportunity to invest.

Bitcoin isn't just beautiful structural, it's good in every way you can imagine that a person can get a freedom. You don't need anyone permission to send your value through it and there is no body that is going to disrupt the network from sending their Bitcoin, the only person capable of such are exchanges and that's if you use centralized ones which is rare thing to do.

Bitcoin is the next investment alternative to stocks and other foreign exchanges, these things has been around for many decades and has only manage to increase little but look at Bitcoin, if anyone has bought it when it was around $10k, it would be giving a sweet profit of 6.9x, this is a movement under just 4 years.
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Re: Bitcoin: The Most Beautiful Currency in the World
« Reply #60 on: May 27, 2024, 02:30:09 PM »

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Offline jeraldskie11

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Re: Bitcoin: The Most Beautiful Currency in the World
« Reply #61 on: May 29, 2024, 06:13:19 PM »
I like Bitcoin because you can live a simple life even if you're a rich person. People nowadays who have a lot of money can't live a simple life because it only increase risk of their own life. If they have money they should invest to themselves like bodyguards to protect them. If you have Bitcoin, the public don't know that you have money, only the exchange you used if you provide a KYC.

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Re: Bitcoin: The Most Beautiful Currency in the World
« Reply #62 on: May 29, 2024, 06:20:52 PM »
I like Bitcoin because you can live a simple life even if you're a rich person. People nowadays who have a lot of money can't live a simple life because it only increase risk of their own life. If they have money they should invest to themselves like bodyguards to protect them. If you have Bitcoin, the public don't know that you have money, only the exchange you used if you provide a KYC.

One of the reason I love Bitcoin is because of its decentralised nature, you could live your life quietly without getting anyone to know your entire networth. Bitcoin is a coin where you can keep your savings and instead of inflation getting hold of it, it is increasing in value and giving you more profit, isn't that amazing? The limited supply is enough reason for investors to know that the value would be increasing in the near future. A big thanks to Satoshi Nakamoto for this innovative invention.

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Re: Bitcoin: The Most Beautiful Currency in the World
« Reply #63 on: May 31, 2024, 07:27:09 AM »
I like Bitcoin because you can live a simple life even if you're a rich person. People nowadays who have a lot of money can't live a simple life because it only increase risk of their own life. If they have money they should invest to themselves like bodyguards to protect them. If you have Bitcoin, the public don't know that you have money, only the exchange you used if you provide a KYC.

Bitcoin is more secure and it provides safety to its holders while those of other assets cannot hide their investment because of less private nature. If you have held Bitcoin then nobody can get access to it and no one can see how much bitcoin you have to hold until you tell them by yourself.

During the bearish phase if you wait longer then you can carry your investment with patience and will definitely give you profit but other coins have no guarantee that they will survive after the bearish phase or not.

One most acceptable nature of Bitcoin is how much decrease happens in its worth it will always shine better than the previous state in future because it possesses the ability to recover back.
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Re: Bitcoin: The Most Beautiful Currency in the World
« Reply #64 on: May 31, 2024, 07:56:47 AM »
The limited supply is enough reason for investors to know that the value would be increasing in the near future. A big thanks to Satoshi Nakamoto for this innovative invention.
It is true, logically, limited quantities should cause prices to become more expensive, but the main condition is that demand must always increase. If demand decreases, then this will actually create the opposite price movement which will actually lead us to a bearish moment. If we look further, the price of ETH is not much different from the price of BTC regarding its movements, ups and downs and also demand, but what needs to be underlined is that ETH has no limit to supply, so in my opinion the limited amount of Bitcoin becomes very special if only the demand constantly rising, so there will be no bearish market, only correction.

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Re: Bitcoin: The Most Beautiful Currency in the World
« Reply #65 on: May 31, 2024, 08:39:27 AM »
The limited supply is enough reason for investors to know that the value would be increasing in the near future. A big thanks to Satoshi Nakamoto for this innovative invention.
It is true, logically, limited quantities should cause prices to become more expensive, but the main condition is that demand must always increase. If demand decreases, then this will actually create the opposite price movement which will actually lead us to a bearish moment. If we look further, the price of ETH is not much different from the price of BTC regarding its movements, ups and downs and also demand, but what needs to be underlined is that ETH has no limit to supply, so in my opinion the limited amount of Bitcoin becomes very special if only the demand constantly rising, so there will be no bearish market, only correction.
You are right, the main factor in price increases is demand.  If demand increases, prices will increase.  Even though there is a limited limit, if demand decreases it will cause a decrease in prices.  The price of bitcoin will increase if demand increases and of course this is also influenced by negative issues.  If there is good news, demand will increase.  That's why most people hope that there won't be bad news.

 

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