Quote from: Berry2d on Today at 12:35:04 AM

Quote from: JayJuanGee on August 07, 2025, 01:48:45 AM

Quote from: Berry2d on August 05, 2025, 04:57:45 AM

Quote from: Catenaccio on August 05, 2025, 03:51:23 AM

Quote from: JayJuanGee on August 05, 2025, 02:41:27 AM

I personally believe that bitcoin will likely outgrow a lot of assets for a long time into the future, but surely the steepness of the growth curve is going to continue to be less steep. The punchline in the end does not point to some other place in which we should put our money, so we just have to do what we can do, even if we happens to be new and/or early in our bitcoin accumulation journey.

I agree with you because there has yet no other assets that have physical or technical traits that can compete and win against Bitcoin in the present. In the future, I don't think any altcoins can be designed better than Bitcoin technically so there will be no Bitcoin killers.

Gold can not change its traits, and if any change occurs, it will only increase gold circulation and total supplies.
Altcoins as proven in many years can not compete with Bitcoin.

there is no digital asset that can compete bitcoin for now, but we can be sure it will be like this forever. life is unpredictable and the only thing constant in life is changes. there is a possibility that another thing may supersede bitcoin in the future just as bitcoin came into existent and superset gold. this new development may not be an altcoin but another form of technology. altcoin will forever be under bitcoin and can never do better than bitcoin. all we can do for now is to accumulate bitcoin stash as we can be able to now, since it is still the best digital asset to invest for now. life is all about switching to a more profitable, reliable, trust worthy and more long lasting investment that is more guaranteed. just as people shifted from gold to bitcoin. anything is possible in the future but like i said for now let us utilize bitcoin.

You talk like a shitcoiner to put out the idea that there could be another and better bitcoin, so we should be ready to switch if that happens.

My speech may look like I am a shitcoiner but I am not. I am only making an assumption or the possibility of a new tech to surface someday or maybe never, but we should consider Bitcoin because it's important as of this generation.

It could be that I was just arguing with you semantically then, since sure anyone knows that anything can happen, including that bitcoin could be supplanted by some greater technology or some kind of a sound money that we had not realized to have had been around 10x better than bitcoin.

I just have my doubts that you really understand bitcoin or really account for how bitcoin is already in the process of supplanting both gold and the dollar because bitcoin is a better money... bitcoin is more than 10x better than both gold and the dollar, so therefore bitcoin is in the process of supplanting both of those. So you are either imagining that either gold and/or the dollar might get better as to be able to avoid bitcoin supplanting them or that some new thing (or already existing thing) will come onto the market to be able to jump into the competition arena and to be able to b even better than bitcoin.

Sure it could happen, and sure bitcoin is ONLY in the early stages of supplanting gold and the dollar so there are possibilities that bitcoin will not be successful, yet it seems not to be a very good idea to either be betting against bitcoin or to be suggesting that bitcoin's odds are higher than they are either due to bitcoin's inadequacies or based on superior attributes of some other assets/currencies.

Surely there could be some currently unknown defects in bitcoin technologically or in the ways it is adopted or challenges in its adoptions.. but still bitcoin continues to show itself as getting stronger and stronger and more and more embedded.. which also means that it has been being tested in a variety of ways and it is also being reviewed on an ongoing basis for ways that it can be attacked.. which I am not going to assert that any of those attacks are not going to have ways of damaging bitcoin, yet we still have to be careful in regards to our blanketedly expecting any of them to potentially be able to undermine bitcoin.

Quote from: Berry2d on Today at 12:35:04 AM

I see how many where attacking me on this thread as if there is no possibility of new things to come even though it may not be like Bitcoin.

One thing is to acknowledge that bitcoin might not be the ultimate winner, yet another thing is to present such scenario as if they were current facts in front of us supporting such a case.. meaning giving speculations higher odds than they deserve.

Yeah, of course, you can do what you want, yet if you come off as naysaying bitcoin for the mere sake of it and based on bare assertions (meaning that you have not backed them up by evidence), then I don't see how you can get away with not being attacked for making those kinds of points (emphases).

Quote from: Berry2d on Today at 12:35:04 AM

We can not forget that when Bitcoin never came to existence, many didn't believe that something like Bitcoin will come and supersede gold. Never in their life will they think of that but today we are now familiar with Bitcoin and forget about what people once said about Bitcoin not being possible to outsmart gold or calling it scam, but today here we are with full Bitcoin acceptance. I am a full time Bitcoin maxi.

Bitcoin is truly in an amazing place right now with so many folks still not really knowing about it and with it still being only around 1/9th of gold's market cap, even though bitcoin is probably around 1,000x better than gold... So anyone who recognizes bitcoin as the better investment is still quite advantaged to be able to get in while bitcoin is still quite under appreciated based on its actual value.

Whether you are a bitcoin maxi or not might not matter as much as the way that you had made several of your earlier points, and sure it could be that we are arguing about semantics rather than substance, which means that there might be ways for you to make your points in a way that does not attract as much backlash, to the extent that you believe it to be important to make those kinds of points about bitcoin's success not being guaranteed, which many of us already accept that premise, even though we might accept guys coming into the thread and beating up on bitcoin or overemphasizing areas in which it might not ultimately succeed.. especially when the main point is more likely that bitcoin is succeeding in a lot of ways and perhaps way beyond the expectations of even the most staunch of bitcoin advocates.

Quote from: Berry2d on Today at 12:35:04 AM

Quote from: JayJuanGee on August 07, 2025, 01:48:45 AM

Sure, I am with you that technically and theoretically you are correct, but still, we have nothing that is even close to bitcoin, so why do we need to be prepared to switch?

Preparing to switch or not, that is not necessarily because I am only speaking base in speculation, absumtion or probability but not sure it may come or not I have fother stated that we should prioritize Bitcoin since it's the only digital asset for long term investment. The switch statement doesn't really matter, all what matters is taken Bitcoin seriously because it's the only asset for long term value.

There is nothing wrong with having a plan to potentially exit bitcoin or to adjust your bitcoin investment amount based on various skepticisms that you might have about bitcoin, yet it seems that you are not really in much of a different position from a lot of the other bitcoin enthusiasts since you are mostly still accumulating bitcoin rather than holding back on your bitcoin investment.

It seems that each of us needs to figure out the level of our aggressiveness when it comes to bitcoin investing, and surely there is some choice between 100% and 0%, and some guys are going to be more on the aggressive level and others will be more on the whimpy level, and surely there are some guys who have difficulties getting off of zero because they either are completely lacking in confidence about bitcoin or they are failing/refusing to investigate into what bitcoin is and/or if they might be able to establish a stake in bitcoin...

Many times guys should be able to adjust their level of skepticism about bitcoin in terms of how aggressive or whimpy they are in their bitcoin allocation, so then many times guys who have actually done their research about bitcoin, they would be attempting to resolve their dilemma in regards to their investment size, but not in terms of deciding whether or not to invest in bitcoin, which largely should mean that everyone is investing into bitcoin and then just choosing their bitcoin investment size in terms of their level of confidence in their conviction... but yeah, we are not even close in terms of being in such a world, and largely there are considerably high number of folks who have either not gotten off of zero or they remain low coiners based on their own failures to look further into bitcoin and/or to make sure that they have allocations that match the level of their conviction (of course, having to account for personal budgetary circumstances)

Quote from: Berry2d on Today at 12:35:04 AM

Quote from: JayJuanGee on August 07, 2025, 01:48:45 AM

For now, stay focused on bitcoin, and yeah, I have no problem to be ready to switch if necessary, but you are speaking totally theoretically, and it seems quite unlikely that any thing is going to come along that is better than bitcoin..

Yes I am focused on Bitcoin and not ready to switch, and for now there is no technology that can beat Bitcoin for now but theoretically or practically so there is no point for me to bother myself since all I was saying was base in theory and no prove, we can not classify it as anything because there is no prove.

I am not sure what you mean here. No proof of what? Bitcoin has had nearly 17 years of existence, and surely it has been taking time for the idea of bitcoin and various aspects of its practical implementations to get adopted and inserted into aspects of the real world. We can always keep our eyes open for possible replacements for bitcoin, and we can even choose to hedge our bitcoin investment bet with other things that we consider to be investment worthy, whether we invest into other crypto (such as shitcoins we consider to have potential) or other places that we might put our time, energies and/or value, even traditional investments are considered ways of hedging our bets, such as properties, stocks, bonds, commodities, business investments and/or cash or cash equivalents. There may be only so many ways or so much we might consider it to be a good use of time, energies and value to place it in other places, which is frequently a reason that I suggest that beginners focus on building bitcoin and cash first before venturing out.. and of course the emphasis is on building bitcoin and the cash is just to make sure to have abilities to live and pay expenses.

Even you, Berry2d, you don't even have two years registered on the forum, so have you been investing in bitcoin for two years, and if you came to bitcoin and/or other investments, it could be possible that you were able to front load into bitcoin, yet it seems that guys in their first full cycle in bitcoin should be focusing on accumulating bitcoin - even though sure, I understand that there can be reservations about bitcoin as an investments, which might cause some guys to either invest into bitcoin more whimpily or to hedge their bets.. but yeah, each of us is responsible for the consequences of our actions and/or our inactions.

Again, it might bare repeating that I doubt that our problems in bitcoin revolve around guys being overly optimistic about bitcoin's success, and likely the reason that we have such low levels of retail adoption of bitcoin (perhaps in the 1% of the world territory) is because retail remains overly skeptical about bitcoin having any chance of being successful, so your supposed smart thoughts about how bitcoin is so likely to not succeed or to have a possible competitor likely scares more folks away and plays into their already exaggerated and wrong ideas about bitcoin... so yeah, a lot of them will continue to have fun staying poor to the extent that they continue to fail/refuse to act to invest in bitcoin and get scared about the various exaggerated negative scenarios like the ones that you (Berry2d) were arguing to be some original and insightful ideas that supposedly we need to think more about.

Quote from: Sim_card on Today at 05:27:15 PM

Quote from: Obulis on Today at 01:00:51 PM

I'm thinking and believing that there are guarantees for future rewards

profits is not guaranteed when investing in bitcoin in the long term but we have the positive mindset that we can be profitable in future since we are buying currently and will hodli for long because the odd of bitcoin price going uptrend is higher than downtrend based on history and bitcoin is still in her early stage.

This is the main reason why you are to invest with the amount of money that you can afford to lose and also set up other streams of income so that you don't plan to depend solely on your bitcoin invesment in future because the future is unpredictable and if bitcoin price goes against you, you will not feel disappointed and end up in regrets all the days of your life.

If you ONLY invest in bitcoin, then you are running a risk, yet truly anyone who is brand new to investment, then they are likely better off to focus on investing into bitcoin first, and build it up for a whole cycle or two, and then maybe at some point consider the extent to invest into other assets besides bitcoin and cash.

Surely there are some folks who come to bitcoin and they already have other investments, and so they can choose to keep some of those investments going or they can put everything into bitcoin and cash or they might have some other way or reallocating their investments that are in the investment portfolio.

These are not easy questions to answer since there are a lot of uncertainties in life, yet each of us is responsible for our allocation choices, whether they include bitcoin and/or other assets and how much of each, if any. Many of us purposefully choose to allocate decently high into bitcoin since we consider it to be amongst the best, if not the best, assets that is currently available to anyone and everyone. .. and at the same time, it is not guaranteed.. so we have to make choices and we will suffer the consequences for any choices we make that involves either our acting to buy bitcoin or our failure to act... and our choice to act to buy bitcoin does not have to be all or nothing, since we can choose the way we go about accumulating bitcoin (if we go down that path) and our position size, too.