What is Bitcoin?

[laijsica]

if you want a digital currency and are tired of being under the control of the central authorities, then maybe bitcoin is the best for you.

Best for everyone I guess, who wants financial freedom. Day by day, people are beginning to think that they have to take charge of their finances rather than having their money saved in the bank without giving them any Interest rather the value of their money depreciates over time. It's now better to have their money invested in bitcoin for a long term, at least it will provide huge profits for them in the future.

You are right ! Holding Bitcoin is a financial assurance of the future for investors with the potential to increase in value over time. By analyzing its value in the past you can be more sure of what it might be worth in the next 4 years. However, as a volatile valuable asset, Bitcoin is held with great confidence by investors. The number of Bitcoin holders worldwide is constantly increasing.

[Ricardo11]

Bitcoin has always been a highly profitable currency to hold for a long time. Bitcoin's halving happens every 4 years. That halving's bitcoin peaked. Moreover, Bitcoin is the most valuable cryptocurrency asset. Bitcoin is currently the top choice of investors. Despite Bitcoin's price volatility, its value increases significantly over time. This is the reason why the number of Bitcoin holders worldwide is constantly increasing.

[Agbe]

Bitcoin has always been a highly profitable currency to hold for a long time. Bitcoin's halving happens every 4 years. That halving's bitcoin peaked. Moreover, Bitcoin is the most valuable cryptocurrency asset. Bitcoin is currently the top choice of investors. Despite Bitcoin's price volatility, its value increases significantly over time. This is the reason why the number of Bitcoin holders worldwide is constantly increasing.

Investing in bitcoin for short term is not really profitable but if the investor calculate well and invest then he or she would have some profits. But the good investment plan is long term for like five years and more. And anyone who is investing in bitcoin now will make it from 2027 when Donald Trump has finally won the election. And the only prayer we have is that he should implement his promises of adopting bitcoin. Because if Trump accepts bitcoin, it will help the growth of it.

[vegasus]

You are right ! Holding Bitcoin is a financial assurance of the future for investors with the potential to increase in value over time. By analyzing its value in the past you can be more sure of what it might be worth in the next 4 years. However, as a volatile valuable asset, Bitcoin is held with great confidence by investors. The number of Bitcoin holders worldwide is constantly increasing.

It seems like this happens only if the person also knows and understands the basic investment in Bitcoin, namely really knowing when to sell it. Don't let them decide to sell when the bullish season arrives, so that even though they have been holding for years, they sell it during a bearish era, this will actually result in big losses. This will definitely cause regret after many years of keeping the BTC.

That's why information and knowledge are important in all the actions we take. You don't need to go into too much detail, but at least understand some basic information regarding Bitcoin, using a safer wallet, and the cycles of bullish and bullish eras.

[Z-tight]

Despite Bitcoin's price volatility, its value increases significantly over time. This is the reason why the number of Bitcoin holders worldwide is constantly increasing.

The reason why there is and will always be demand for BTC is its utility, BTC is very useful, and these use cases is why people continue to use it. BTC's volatility has reduced compared to the past and i believe BTC will be less volatile in the future. If you want a censorship resistant and permissionless currency, use BTC.

[Dr.Bitcoin_Strange]

Bitcoin is the first crypto coin to be created in the world, 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 also helped to increase the economy of the world, when it comes to bitcoin investment one needs to be consistent and patient in other to succeed in it, some people believe Bitcoin will not hit $100k, this believe has made a lot of people refuse to invest in Bitcoin which is not right because 10 years ago some people had a very good opportunity to invest on Bitcoin and that time the Bitcoin price was very little but they refused to invest in it because they believe it won't grow and now they are regretting deeply and those who invested in it now and enjoying it and these is how it will be when Bitcoin will hit $100k a lot of people will regret why they didn't invest.

If you go through the history of Bitcoin and it's growth you will know that Bitcoin will keep growing bigger and better, some believe Bitcoin has stopped in it growth and will not grow more than it is now that's not true Bitcoin has not reached half of it's growth limit so Bitcoin will still grow bigger and better.

[Kemarit]

Despite Bitcoin's price volatility, its value increases significantly over time. This is the reason why the number of Bitcoin holders worldwide is constantly increasing.

The reason why there is and will always be demand for BTC is its utility, BTC is very useful, and these use cases is why people continue to use it. BTC's volatility has reduced compared to the past and i believe BTC will be less volatile in the future. If you want a censorship resistant and permissionless currency, use BTC.

I think it's more of Bitcoin becoming a asset, being traded in a exchange and people are profiting from it, simply as that. Before it was used for micro payment and even for gambling as we have seen it from some old crypto based platform.

But now, it has change a lot, evolved so much and now being treated as one of the best asset if not the best in the last 5 years or so. Just imagine investing early or those early adopters, by now, all of them are crypto millionaires and thanks to Bitcoin.

[Chilwell]

Bitcoin's value has really gone up over time, even though its price can be a bit unpredictable. That's what makes it so appealing to invest in the potential for long-term growth is huge. Bitcoin was the first cryptocurrency introduced to humanity, and it remains the most valuable cryptocurrency. Its decentralized nature attracts people because it gives them control over their assets. Bitcoin doesn't rely on intermediaries, nor is it controlled by any government or central bank. It was introduced by Satoshi Nakamoto in the year 2008.

[Dr.Bitcoin_Strange]

Bitcoin's value has really gone up over time, even though its price can be a bit unpredictable. That's what makes it so appealing to invest in the potential for long-term growth is huge. Bitcoin was the first cryptocurrency introduced to humanity, and it remains the most valuable cryptocurrency. Its decentralized nature attracts people because it gives them control over their assets. Bitcoin doesn't rely on intermediaries, nor is it controlled by any government or central bank. It was introduced by Satoshi Nakamoto in the year 2008.

You are right, one of the good thing about Bitcoin investment is that it is decentralized and it can't be controlled by any government or central bank, and because of that some government don't want it in there country they want to make sure they bring Bitcoin down they have tried but because they don't have the power to do it they are helpless, some wise government has started accumulating Bitcoin and stocking it because they have seen how valuable Bitcoin is becoming some countries has now legalize it as a means of payment that means you can go to a supermarket and purchase something and then pay with Bitcoin.
Some countries feels that Bitcoin is bringing down the value of their currency and that is why they can't accept it, countries with this can of mentality are losing out from benefiting from Bitcoin, now that some countries are taking advantage of Bitcoin and accumulating as many Bitcoin as possible when they will be benefiting from it those countries that refuse to participate will regret, Bitcoin will surely hit $1 million in the future and those who are accumulating now will be the once to rejoice.

[Azharul]

Bitcoin's value has really gone up over time, even though its price can be a bit unpredictable. That's what makes it so appealing to invest in the potential for long-term growth is huge. Bitcoin was the first cryptocurrency introduced to humanity, and it remains the most valuable cryptocurrency. Its decentralized nature attracts people because it gives them control over their assets. Bitcoin doesn't rely on intermediaries, nor is it controlled by any government or central bank. It was introduced by Satoshi Nakamoto in the year 2008.

You are right, one of the good thing about Bitcoin investment is that it is decentralized and it can't be controlled by any government or central bank, and because of that some government don't want it in there country they want to make sure they bring Bitcoin down they have tried but because they don't have the power to do it they are helpless, some wise government has started accumulating Bitcoin and stocking it because they have seen how valuable Bitcoin is becoming some countries has now legalize it as a means of payment that means you can go to a supermarket and purchase something and then pay with Bitcoin.
Some countries feels that Bitcoin is bringing down the value of their currency and that is why they can't accept it, countries with this can of mentality are losing out from benefiting from Bitcoin, now that some countries are taking advantage of Bitcoin and accumulating as many Bitcoin as possible when they will be benefiting from it those countries that refuse to participate will regret, Bitcoin will surely hit $1 million in the future and those who are accumulating now will be the once to rejoice.

I think that you could explain absolutely correct opinion on your comment. We know that bitcoin is one of the best digital crypto in cryptocurrency world. We also know that which will be contain digital gold in cryptocurrency market. We also know that bitcoin price is increase gradually in cryptocurrency market. We also know that bitcoin price is near $100k in cryptocurrency market. But I believe that within a short time this digital gold will reach $150k in cryptocurrency market. Because we know that US president Donald trump also best supporter of bitcoin.