Altcoins Talks - Cryptocurrency Forum
Further Discussions => Economics , Sociology & Politics => Topic started by: sonaa on August 12, 2024, 07:33:55 PM
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How has bitcoin trading evolved over the years, what are the best ways to invest in bitcoin, and how are bitcoin futures influencing blockchain adoption? How will industry stakeholders work to make Bitcoin a mainstay in people's lives, and will existing and legacy systems embrace or fight this change? If accepted, can it be changed in life?
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How has bitcoin trading evolved over the years, what are the best ways to invest in bitcoin, and how are bitcoin futures influencing blockchain adoption? How will industry stakeholders work to make Bitcoin a mainstay in people's lives, and will existing and legacy systems embrace or fight this change? If accepted, can it be changed in life?
you can consider the existing legacy is embracing Bitcoin or they are swallowing BTC and rule over it by making crypto centralized. they found a way otherwise they will not embrace it.
but its true the trading evolved so fast in less than a decade. you can even think its a planned game and we're hooked to it. but if we are talking about making money and just learn skills for this industry to grow, yep the community certainly developed a new industry in finance and Bitcoin changed the lives of its investors and users.
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How has bitcoin trading evolved over the years, what are the best ways to invest in bitcoin, and how are bitcoin futures influencing blockchain adoption? How will industry stakeholders work to make Bitcoin a mainstay in people's lives, and will existing and legacy systems embrace or fight this change? If accepted, can it be changed in life?
Bitcoin is one of the best investment right now in the world and the best crypto coin, Bitcoin has made a lot of people rich and has helped grow the world economy and and the only way one can succeed in Bitcoin investment is by being patient and consistent and that is why long term Bitcoin investment is the best when it comes to bitcoin investment reason being that Bitcoin takes time to grow and in other to make good profit from Bitcoin you need to be patient so it will grow more in price, those that invested in Bitcoin 10 years ago and has been holding are happy they did that because they have made huge amount of profit.
Bitcoin evolvement is one of the best when it was created a lot of people were thinking Bitcoin will never grow in price but it did and a lot of people were surprised and regretted why they didn't invest in it, Bitcoin sometimes fall in price but the fall is just an opportunity that is open to everyone to accumulate more because the rising of it is always certain and one don't need to fear when there's a fall, it has been happening since the creation of Bitcoin and it has not stopped Bitcoin from growing bigger and better.
A lot of people still believe Bitcoin won't grow more than it is now, a friend of mine said years back that Bitcoin won't grow more than it was and for that he won't bother investing on Bitcoin again that he will prefer investing in new coins coming up so he went ahead and invested in a certain new coin which later dropped in value and he lost his money and Bitcoin grew and he regretted.
Bitcoin has a good future very soon more countries of the world will accept Bitcoin and it will start being used as a means of payment and it will even grow more in price the future of Bitcoin is very bright and I will urge everyone to take bitcoin investment very serious.
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~ how are bitcoin futures influencing blockchain adoption?
Would you count those banks trying to keep up with the times by starting to implement private blockchains like CBDCs? Aside from that, I do not see the effect. I also doubt those who often trade futures or ETFs being interested in improvements in Bitcoin like transaction privacy.
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How has bitcoin trading evolved over the years, what are the best ways to invest in bitcoin, and how are bitcoin futures influencing blockchain adoption? How will industry stakeholders work to make Bitcoin a mainstay in people's lives, and will existing and legacy systems embrace or fight this change? If accepted, can it be changed in life?
Bitcoin has best volume and liquidity maybe that is the reason why it evolved over the years and even in the future. Trading and DCA for me is the best way to make money out of Bitcoin. The volatility of Bitcoin is what is important in the lives of enthusiasts because that is where their buy and sell entry are executed. I don't think it can be changed but maybe improvements are possible and in the future I know I think it's more than triple the size of adoption than what we had today so yeah jump into it right now or sorry.
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How will industry stakeholders work to make Bitcoin a mainstay in people's lives, and will existing and legacy systems embrace or fight this change?
The path to bitcoin becoming a mainstay for people will have to occur naturally and not be forced.
When big corporations and individuals begin to adopt bitcoin and speak positively about it as well as use it, it will contribute to influencing people to use bitcoin.
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A lot of people still believe Bitcoin won't grow more than it is now, a friend of mine said years back that Bitcoin won't grow more than it was and for that he won't bother investing on Bitcoin again that he will prefer investing in new coins coming up so he went ahead and invested in a certain new coin which later dropped in value and he lost his money and Bitcoin grew and he regretted.
Bitcoin has a good future very soon more countries of the world will accept Bitcoin and it will start being used as a means of payment and it will even grow more in price the future of Bitcoin is very bright and I will urge everyone to take bitcoin investment very serious.
I don't think countries will use Bitcoin as a means of payment even if they wanted to, as the number of transactions on the network is limited and everyone using Bitcoin will lead to very high transaction fees. The best we will get for the next 50 years is to use it to diversify central bank reserves or for companies to keep 1% of it to enhance their liquidity or diversify their investments.
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I don't think countries will use Bitcoin as a means of payment even if they wanted to, as the number of transactions on the network is limited and everyone using Bitcoin will lead to very high transaction fees.
i don’t think the government is most concerned about using bitcoin as a payment method they would be interested in bitcoin for investment purposes and the profit that they will be making with it even if they advertise it as such they will just be mostly using it for additional profit
however a support from the government will definitely increase the use of bitcoin among its citizens and will promote using it for daily transactions despite the high transaction fees
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A lot of people still believe Bitcoin won't grow more than it is now, a friend of mine said years back that Bitcoin won't grow more than it was and for that he won't bother investing on Bitcoin again that he will prefer investing in new coins coming up so he went ahead and invested in a certain new coin which later dropped in value and he lost his money and Bitcoin grew and he regretted.
Bitcoin has a good future very soon more countries of the world will accept Bitcoin and it will start being used as a means of payment and it will even grow more in price the future of Bitcoin is very bright and I will urge everyone to take bitcoin investment very serious.
I don't think countries will use Bitcoin as a means of payment even if they wanted to, as the number of transactions on the network is limited and everyone using Bitcoin will lead to very high transaction fees. The best we will get for the next 50 years is to use it to diversify central bank reserves or for companies to keep 1% of it to enhance their liquidity or diversify their investments.
Its important to note that Bitcoin and the Blockchain technology is still a relatively new technology compared to other forms of payment, so with time there'll be lots of technological advancements in that the area of network congestion, I believe the Devs are working towards ensuring the possibility of Bitcoin being adopted as a traditional or generally adopted form of payment without experience much difficult like network congestions and higher or expensive transaction fees, and I believe in a couple of years, many solutions and alternative measures would be provided for people who wish to choose and adopt bitcoin as a day to day form of payment. They've been able to come up with solutions like the LN and a few other solutions, although they may have a few limitations, but they've proven to pretty much come in handy in certain situations, and I believe that with time and with introduction of more innovative technologies, the Devs would be able to come up with even more solutions.
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There is an endless list of reasons to be interested in gaining exposure to an asset like bitcoin as the first and most obvious reason why investors are attracted to invest in bitcoin is that it has a fixed supply. Moreover its price is not stable so the investor can get profit easily and within a short period of time with decentralization in terms of security and the use of blockchain technology to facilitate bitcoin transactions, eliminating the need for trust and reliance on third parties, the fewer parties involved in transactions, the less likely anything goes wrong.
Immutability, on the other hand ensures that once a transaction is recorded on the blockchain, it cannot be changed or deleted. therefore offering a level of security and trustworthiness unmatched by traditional financial systems. There are also many reasons why people rush to buy bitcoin There is no risk to be faced and your money is 100% safe.
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There has been a notable rise in bitcoin trading over time. What was once just something a few individuals did on the side has now become a major business many people and companies engage in. The industry is working together towards better securing systems and making it easy to use such currencies in daily transactions. Even though some old institutions have acknowledged bitcoins, others still hesitate due to their disruptive nature towards their ordinary practices. If globally adopted, bitcoin might completely change how we do finance but this would require tackling regulatory challenges that include issues like scalability.
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If the Lightning Network succeeds in increasing scalability, there are still limitations, as any decentralized system that has an interval of 10 minutes between each block will be slow if it is used by 1 billion or 5 billion users.
If the time is reduced to a minute or less, the network will be slower and will be very crowded on occasions or when there are many transactions being broadcast, and even central networks may face problems if they are used by 5 billion users at the same time.
Bitcoin will not be used for everyday payments by everyone but it could be a good investment for everyone.
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How has bitcoin trading evolved over the years, what are the best ways to invest in bitcoin, and how are bitcoin futures influencing blockchain adoption? How will industry stakeholders work to make Bitcoin a mainstay in people's lives, and will existing and legacy systems embrace or fight this change? If accepted, can it be changed in life?
As far as trading Bitcoin, nothing has change though, you buy low and sell high, that is the traditional way. Although in the beginning there is only a few or only one trading exchanges and that is Mt. Gox. Bitcoin futures? not sure what you mean here, do you mean what will happen in the future for Bitcoin? We are still good, blockchain still has it's used case.
We have El Salvador who makes Bitcoin legal tender so you can gauge as how it will affect people's lives. Or just look at how the pandemic affected us, if there is any. Crypto is a revolution not just Bitcoin, so it's going to be very hard to resists it or fight, everyone should embrace it in my opinion.
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Bitcoin is not a magic sword or anything, it's just something that's not controlled by single entity and the value of it decided by the demand and supply so it gives us the freedom to choose however we want to.
Once the price keeps climbing people started seeing it as an asset rather than a currency so trading evolved too, lot of social media influencers and many billionaires even talking about it's contribution like Trump, Elon Musk so that's where we are now.
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Bitcoin is not a magic sword or anything, it's just something that's not controlled by single entity and the value of it decided by the demand and supply so it gives us the freedom to choose however we want to.
Once the price keeps climbing people started seeing it as an asset rather than a currency so trading evolved too, lot of social media influencers and many billionaires even talking about it's contribution like Trump, Elon Musk so that's where we are now.
Yeah Bitcoin is just a tool for us who wants a full control of our assets and it's value is far beyond the traditional form of money like fiat which is not inflation proof. Considering the advantages of Bitcoin in our lives popular individuals are also making vocal about it because I think they also believe the idea of Bitcoin and some fully support Bitcoin and few are not happy with it's existence.
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A lot of people still believe Bitcoin won't grow more than it is now, a friend of mine said years back that Bitcoin won't grow more than it was and for that he won't bother investing on Bitcoin again that he will prefer investing in new coins coming up so he went ahead and invested in a certain new coin which later dropped in value and he lost his money and Bitcoin grew and he regretted.
Bitcoin has a good future very soon more countries of the world will accept Bitcoin and it will start being used as a means of payment and it will even grow more in price the future of Bitcoin is very bright and I will urge everyone to take bitcoin investment very serious.
I don't think countries will use Bitcoin as a means of payment even if they wanted to, as the number of transactions on the network is limited and everyone using Bitcoin will lead to very high transaction fees. The best we will get for the next 50 years is to use it to diversify central bank reserves or for companies to keep 1% of it to enhance their liquidity or diversify their investments.
I think bitcoin as a means of payment will not be legalized by the state, because the government does not want to have other means of payment besides fiat money, so bitcoin will only be a means of wealth investment, nothing more, even if it can be used as a payment, it will be illegal, only by individuals, not in financial institutions that are supervised by the government
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How has bitcoin trading evolved over the years, what are the best ways to invest in bitcoin, and how are bitcoin futures influencing blockchain adoption? How will industry stakeholders work to make Bitcoin a mainstay in people's lives, and will existing and legacy systems embrace or fight this change? If accepted, can it be changed in life?
Anything regarding achievement we so desire in bitcoin starts with a step, if we forget the hurdles and challenges, we need to embrace them and achieve the success we want from it adoption, this will have to start from how we are learning about bitcoin, things we do and what we also want from it, we all have our different reasons and purpose for bitcoin adoption and this have to be under our reach in getting satisfied seeing it a profitable one.
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How has bitcoin trading evolved over the years, what are the best ways to invest in bitcoin, and how are bitcoin futures influencing blockchain adoption? How will industry stakeholders work to make Bitcoin a mainstay in people's lives, and will existing and legacy systems embrace or fight this change? If accepted, can it be changed in life?
Anything regarding achievement we so desire in bitcoin starts with a step, if we forget the hurdles and challenges, we need to embrace them and achieve the success we want from it adoption, this will have to start from how we are learning about bitcoin, things we do and what we also want from it, we all have our different reasons and purpose for bitcoin adoption and this have to be under our reach in getting satisfied seeing it a profitable one.
Yeah some people feels they can't start Bitcoin little by little that is either they buy in lump sum or nothing, they don't see the need to to use the DCA strategy because they feel they can't accumulate enough Bitcoin using the DCA strategy, but this is a wrong mindset set, before starting a Bitcoin investment you need to have a source of income a very good one at that you don't have to see Bitcoin as your source of income you need to see Bitcoin as a future achievement when you carry this mindset and you start your Bitcoin accumulation journey using the DCA strategy and you plan to accumulate and hold consistently for 10 to 20 years you will see that your Bitcoin will even be more than enough for you, one can achieve anything in Bitcoin all you have to do is to be patient and consistent in your accumulation journey.
One needs to also secure his or her Bitcoin investment as you are accumulating you should also secure your Bitcoin investment and one way to secure your Bitcoin investment is to have a backup funds a strong one, such as emergency reserve, and float funds if you don't have all this funds in place you may lose your Bitcoin, because when you face challenges that needs financial strength and you don't have money with you it will lead you to dip hands into your Bitcoin investment but if you have them it will prevent you from dip hands into it there by securing your Bitcoin.
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How has bitcoin trading evolved over the years, what are the best ways to invest in bitcoin, and how are bitcoin futures influencing blockchain adoption? How will industry stakeholders work to make Bitcoin a mainstay in people's lives, and will existing and legacy systems embrace or fight this change? If accepted, can it be changed in life?
The best way to invest in Bitcoin is to hodl it for long. Don't make the mistake of leaving your Bitcoin on an exchange, safeguard your seed phrase, stay anonymous to your Bitcoin investment, apply a weekly or monthly DCA method to Bitcoin investment, and don't give someone money to invest in Bitcoin for you just because they promise to give you profits in the short term.
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Bitcoin has gained much acceptance in the last few years as Bitcoin trading was seen as a joke when it was first launched as of ten years ago the value of Bitcoin was not even really high this was. Bitcoin trading as changed the narrative in the crypto space as it's among the highest value coins in the world today with those who invested in it smiling to the bank. Bitcoin has shaped the future of crypto currency as today the crypto market is one of the best market where people put their money and get return on investment