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Quote from: Deep BTC on April 15, 2017, 08:33:12 AM

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Quote from: Deep BTC on April 03, 2017, 06:08:06 PM

Bitcoin is still a new technology. It is counted at the beginning of the road according to other investment vehicles.
We can think of it like the first years of the gold mine. Bitcoin is the gold mine of the age we are in.

I believe that it will gain much more value in the future. Yes, bitcoin is a good investment tool.
I think long term thinking will be helpful when investing in bitcoin.

yes we can also hope that in future the value of the bitcoin will increase more and more because the number of bitcoin users are increasing continuously that is why the demand of bitcoin is increasing which is also causing the price of bitcoin to increase.

People believe that if 21 mil total of BTC will be released, then the btc price will constantly rise because of higher and higher demand, and lower supply.
And that is true, but it is going to happen if most of the people using cryptos will stick to BTC.

Not only the supply will go lower, but the number of bitcoins in circulation will decrease as well. Everyday, people die and one of them might be a bitcoin user that holds thousands of bitcoins. Of course, today we don't feel it yet. But after all the BTC was mined, it's just a matter of time until we realize that there are much less coins in circulation, thus, bitcoin will even be more volatile

it is certainly true but you consider the situation statically only

What I mean to say is that it is not just the number of bitcoins in circulation and their decrease over time which is important here. It is indeed one of the most important factors but not the only one. Another very strong factor is the velocity of circulation, i.e. how often an average bitcoin changes hands. Increasing this velocity is effectively equal to increasing the amount of bitcoins in circulation. When instant and low or free of charge Bitcoin transactions become widely available, that would obviously lead to an increase in Bitcoin turnover velocity and which would likely help stabilize Bitcoin prices

All the things you need to have a good investment.
That is, supply and demand balance is formed.
The transaction volume of the relevant product is high.
...

These and similar features are necessary for the evaluation of an investment vehicle. But the problem is the following. People do not know the concept of bitcoin yet. Only those who are dealing with technology know. There are many people who do not hear bitcoin around.

Everyone in the world knows normal money. How will everyone in the world know about bitcoin?

Everyone in the world will know bitcoin because of its uniqueness and power in the market that can change the world for a better version. Bitcoin is digital money and can be done online without any hassle and that is why bitcoin will be notice by everyone in the world. Just wait and watch the progress of bitcoin by being adopted by the worlds biggest countries and observe how bitcoin will dominate the world.

Advanced countries already know bitcoin. Big financial institutions have information about bitcoin.
Financial institutions are beginning to use blockchain technology. But normal people do not have an idea about bitcoin.
Countries and financial institutions are not doing anything to use bitcoin.