Quote from: Polo7 on December 25, 2019, 01:03:46 AM

Crypto and bitcoin Not good investment as before
But crypto can be Vehicle for investment.
So the new era will be the New question if we invest and hodl but what we can do with crypto..

Since its de centralized we should run the Whole equity markets on crypto.

Also id like to point out my new vision new idea what can be done with crypto ;

Link here to Other topic :
https://bitcointalk.org/index.php?topic=5211481.0

I would say Bitcoin is a solid investment for the long term, If you look at the structure of bitcoin and notice that we have barley even scratched the surface in terms of the longevity.
If you are to look back at the early prices and where we sit now on a timeline basis it paint's a much better picture of how long a term people are talking.

I don't mean months or even years, Personal, I am looking at it the the terms of 20 years+.

So let me explain my thoughts (please note this is NOT financial advice and is my own speculation on Bitcoin and the future)

In terms of Bitcoin and rewards for the miners we are what they would say "just out the gates"

Below is a table showing the halving event's and rewards going forward in bitcoin as you will see we are almost passing the the 4th mile marker in terms of rewards halving and block height

Code:

Block Reward (BTC)
--------- ------------
0 50.00000000
210,000 25.00000000
420,000 12.50000000 <- we are here (block 609,209)
630,000 6.25000000
840,000 3.12500000
1,050,000 1.56250000
1,260,000 0.78125000
1,470,000 0.39062500
1,680,000 0.19531250
1,890,000 0.09765625
2,100,000 0.04882812
2,310,000 0.02441406
2,520,000 0.01220703
2,730,000 0.00610351
2,940,000 0.00305175
3,150,000 0.00152587
3,360,000 0.00076293
3,570,000 0.00038146
3,780,000 0.00019073
3,990,000 0.00009536
4,200,000 0.00004768
4,410,000 0.00002384
4,620,000 0.00001192
4,830,000 0.00000596
5,040,000 0.00000298
5,250,000 0.00000149
5,460,000 0.00000074
5,670,000 0.00000037
5,880,000 0.00000018
6,090,000 0.00000009
6,300,000 0.00000004
6,510,000 0.00000002
6,720,000 0.00000001

Now lets look at a quick summery of what the lowest price in USD over the years for bitcoin has been per-year to date

Code:

2009 - $0
2010 - $0.05
2911 - $0.29
2012 - $4.19
2013 - $13.29
2014 - $314.69
2015 - $201.29
2016 - $374.06
2017 - $784.75
2018 - $3232.93
2019 - $3385.97

I don't know what book's on investing you have been reading but if you bought the LOW of each year and sold the high of each year thus far you would be doing exceptionally well.
As the reward falls and more users decided they want into bitcoin the price will continue to grow, as a sound money for the world without borders you can't find much else that has done what Bitcoin has over the years.