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Author Topic: Bitcoin owned by everyone  (Read 24247 times)

Offline Arkann

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Re: Bitcoin owned by everyone
« Reply #150 on: February 04, 2021, 03:36:33 PM »
Of course, bitcoin belongs to everyone. Anyone can freely buy it on the exchange or earn it online, doing some tasks. Just not everyone has enough money to buy bitcoin at its high price. The main share of bitcoin is concentrated in the hands of big investors and this share will be constantly increasing with the growth of bitcoin price.
In fact, the fact that large volumes of Bitcoin are concentrated in one hands practically negates the entire Independence and Security of the cryptocurrency asset, but this is only if the big whales, that is, large Bitcoin holders, are only interested in making a profit. But this is not beneficial to them, because if you constantly manipulate the rate of the cryptocurrency, then this asset will lose its value.

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Re: Bitcoin owned by everyone
« Reply #150 on: February 04, 2021, 03:36:33 PM »

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Re: Bitcoin owned by everyone
« Reply #151 on: February 04, 2021, 03:49:03 PM »
Of course, bitcoin belongs to everyone. Anyone can freely buy it on the exchange or earn it online, doing some tasks. Just not everyone has enough money to buy bitcoin at its high price. The main share of bitcoin is concentrated in the hands of big investors and this share will be constantly increasing with the growth of bitcoin price.

Bitcoin can be own by everyone once everybody buy bitcoin. I do not agree with the idea of Bitcoin  constantly increasing. I think everybody knows that the crypto flow is risky and couldn't be always in upward trend.

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Re: Bitcoin owned by everyone
« Reply #152 on: February 04, 2021, 04:02:29 PM »
In fact, the fact that large volumes of Bitcoin are concentrated in one hands practically negates the entire Independence and Security of the cryptocurrency asset, but this is only if the big whales, that is, large Bitcoin holders, are only interested in making a profit. But this is not beneficial to them, because if you constantly manipulate the rate of the cryptocurrency, then this asset will lose its value.
That's right, I think whatever in this world, including bitcoin and cryptocurrency, there must be a person or group of people who run it, and can also manipulate it for personal gain. it's just that many people are always following the developing trend. to be sure, we all have to be careful and stay alert.

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Re: Bitcoin owned by everyone
« Reply #153 on: February 06, 2021, 07:39:26 AM »
Indeed Bitcoin is definitely limited and the human population continues to grow.
It is also possible that the price of bitcoin will reach the price that the OP has mentioned and could even exceed what the OP has mentioned.
But there are also positions that we want besides Bitcoin, namely altcoins like the ones I currently hold without having to own Bitcoin.
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Re: Bitcoin owned by everyone
« Reply #154 on: February 06, 2021, 12:00:58 PM »
Indeed Bitcoin is definitely limited and the human population continues to grow.
It is also possible that the price of bitcoin will reach the price that the OP has mentioned and could even exceed what the OP has mentioned.
But there are also positions that we want besides Bitcoin, namely altcoins like the ones I currently hold without having to own Bitcoin.
All can be possible if there is a time to make a judgment in response to it. as you said, there are still many alternatives besides Bitcoin that can be used as the next destination so that it will be something good for the future.

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Re: Bitcoin owned by everyone
« Reply #155 on: February 06, 2021, 01:26:32 PM »
Of course, bitcoin belongs to everyone. Anyone can freely buy it on the exchange or earn it online, doing some tasks. Just not everyone has enough money to buy bitcoin at its high price. The main share of bitcoin is concentrated in the hands of big investors and this share will be constantly increasing with the growth of bitcoin price.

Bitcoin can be own by everyone once everybody buy bitcoin. I do not agree with the idea of Bitcoin  constantly increasing. I think everybody knows that the crypto flow is risky and couldn't be always in upward trend.

Yes, I think it is the character of crypto currency. Crypto currencies have high on volatility.  Bitcoin is more popular now, I agree bitcoin has been owned by every one. I hope bitcoin will compete to euro and dollar

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Re: Bitcoin owned by everyone
« Reply #156 on: February 06, 2021, 01:36:49 PM »
With a limited amount of Bitcoin, I don't think anyone can have this Bitcoin. Moreover, only a few have joined crypto. Most of the people in the world don't know Bitcoin.
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Re: Bitcoin owned by everyone
« Reply #156 on: February 06, 2021, 01:36:49 PM »


Offline Lovepro Max

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Re: Bitcoin owned by everyone
« Reply #157 on: February 06, 2021, 03:42:06 PM »
You have presented a very beautiful information. Bitcoin is owned by everyone. I think the price of Bitcoin can certainly go from 100,000$ to  500,000$ a day. However, it will take a long time to be possible. Currently the price of Bitcoin is much lower than that. I think if Bitcoin is recognized in every country in the world and the number of investors increases a lot, then maybe the price of Bitcoin can increase so much.
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Offline Monster5

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Re: Bitcoin owned by everyone
« Reply #158 on: February 07, 2021, 04:19:23 PM »
Bitcoin is one of the most popular coins. This virtual currency has gained a lot of fame all over the world. Today it is one of the best currencies in the world, not just around the world. Whose popularity is the highest. The Yfi token in particular did not gain as much popularity as the bitcoin. However, I believe that the best currency in the world of cryptocurrency is Bitcoin. There is no comparison to this bitcoin.

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Re: Bitcoin owned by everyone
« Reply #159 on: February 07, 2021, 06:16:56 PM »
Bitcoin is one of the most popular coins. This virtual currency has gained a lot of fame all over the world. Today it is one of the best currencies in the world, not just around the world. Whose popularity is the highest. The Yfi token in particular did not gain as much popularity as the bitcoin. However, I believe that the best currency in the world of cryptocurrency is Bitcoin. There is no comparison to this bitcoin.
It should be remembered that YFI issued only about 36 thousand coins, and the maximum Supply of BTC will be 21 million, so these 2 coins can not be compared with each other. Moreover, BTC enjoys great confidence among investors.

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Re: Bitcoin owned by everyone
« Reply #160 on: February 08, 2021, 08:18:47 AM »
FYI:
Bitcoin has a limited supply of 18,464,137 pieces of coins according to coinmarketcap.

Humanity population on 2018 was 7.594 billion, the current world population is 7.8 billion as of August 2020 according to the most recent United Nations estimates elaborated by Worldometer.

Humanity production is unstoppable though some died and yet there are new born.
Bitcoin is limited for productive creation.

I assume everyone invest in bitcoin what do you think will happen?
Do you think it is impossible that Bitcoin value will become $100,000, or $500,000 more years from now?
Bitcoin is the the most popular coin of cryptocurrency world. This virtual currency has gained a lot of fame all over the world. The Yfi token in particular did not gain as much popularity as the Bitcoin. I think ok if Bitcoin is recognized every country In the world and the number of investor increase a lot, then maybe the price of Bitcoin can increase so much. Moreover, BTC enjoys great confidence among investors.

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Re: Bitcoin owned by everyone
« Reply #161 on: February 08, 2021, 08:33:24 AM »
The limit supply of bitcoin is supplied and the price is continuously increasing and is far from the reach of common man.
The limited supply of Bitcoin will of course make the Bitcoin price very high, and it will be very fortunate for the people to hold Bitcoin from now on.  When everyone owns Bitcoin, the price will be very high, and we will find it difficult to get Bitcoin because many people are interested in owning it.
All this is relative. People are interested in owning bitcoin as long as it is constantly increasing in value. However, it will not constantly rise in price. The time will come when it stops its price growth and then there will be a revaluation of values in the cryptocurrency. The more bitcoin rises in price during this time, the more painful the cryptocurrency market will be reconfigured to work differently.
However, in general, no one knows in which direction the cryptocurrency will develop.

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Re: Bitcoin owned by everyone
« Reply #162 on: February 08, 2021, 12:42:01 PM »
but I think Bitcoin can be owned by everyone, but it seems like bitcoin will only be owned by those who have a lot of money, then for people who have no money like me will not be able to have bitcoin, I can only have small coins.

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Re: Bitcoin owned by everyone
« Reply #163 on: February 08, 2021, 05:22:34 PM »
The way I follow the trend of Bitcoin now and its previous record it seems that there is a possibility that it could happen but maybe not as fast the way we expect and it might also be do the opposite. Wel, let just wait and take our chances.

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Re: Bitcoin owned by everyone
« Reply #164 on: February 08, 2021, 06:19:20 PM »
It is going to take a long time BTC  to be accepted by people all over the world. Because billions of people around the the world still doesnt have internet access. They do not have any knowledge about technology. And about 90% people doesnt have any knowledge about Blockchain Technology.
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