Quote from: rhodelmabanal on Today at 06:49:38 AM

Quote from: platinumsteel2016 on October 11, 2021, 08:39:46 PM

My wife was in a Chase bank today and overheard a chase bank rep stating to a customer, that the bitcoin is NOT going to last much longer.
Especially because the bitcoin continuing to grow in value. I guess that as a result of the increase and nothing backing and/or supporting it.
That as a result it can no longer continue to exist, if I am understanding this analysis...If somehow there could be a discontinuance of the bitcoin,
how does this effect the other forms of cryptocurrencies???

Bitcoin already last long it is first traded on year 2009-2010 and we are now at year 2021 and it is still alive, if we are going to look at the price now we can say that we are too late because if we buy it on 2009 and hold till this time we will maybe a billionaire today, No one can predict the price the people who has a big patience is always a winner on crypto see the past price and simply compair it with the present price and you will see how important patience is.

Well for that scenario maybe we can say that we are late knowing how huge the figures right now compare to that year 2009 but since bitcoin already a good crypto and became more reliable currency then maybe the word late right now is not applicable since we can still earn more from it as there are so many opportunity where we can earn especially on its volatility, That's why people should remember that they need to learn how to execute their TA's and know when to buy since most of the people get FOMO once they see bitcoin rising up and miss the opportunity to buy when bitcoin is at the dip.

Thinking about the past maybe not good since we cannot get those back although provably those people who bought became millionaire or even billionaire but the question here is does anyone from that timeline still hold their bitcoin up till today?.