I think the same as you. I think the value of Bitcoin is given by people, when people's consensus is the same. Then the value of Bitcoin will get higher and higher. When people use Bitcoin to trade more and more frequently, it is an attribute with currency.

I use Bitcoin for payment. The value of Bitcoin is rising, so I often regret it after making a Bitcoin payment.
However, I think that even if you don’t use Bitcoin, you still need to use fiat currency, so you should get used to Bitcoin payments.
After the price of Bitcoin stabilizes, the frequency of using Bitcoin will continue to rise.

If someone is constantly trading, the price will continue to change.
When no one is trading Bitcoin, the price will not change.
Bitcoin prices should not become stable. Unless all bitcoins are mined. Use Bitcoin as the currency for daily payments.
At that time, Bitcoin's volatility will be very small.

When I learned a little bit about Bitcoin, I was deeply shocked by its technology. I began to study its history and its technology. It's really perfect.
I recommend Bitcoin to my friends. Everyone around me already knows Bitcoin. We keep learning the knowledge of cryptocurrency, and we don't want to be eliminated by technology.
Technology continues to innovate. We must learn to accept new things.

Bitcoin now has advantages for the economy.
If Bitcoin can destroy the economy, many countries will not set Bitcoin as legal tender.
Some people just don't understand Bitcoin. Think Bitcoin is not good.

We know that the value of Bitcoin will get higher and higher. But some old people still don't understand.
They have not been exposed to Bitcoin, and they still choose fiat currency in their hearts.

Outside of my normal work, my part-time boss paid me in Bitcoin.
I think it's okay to earn Bitcoin from sideline business outside of normal work.
I just invest in Bitcoin, and I haven't used Bitcoin for daily payments.
The value of Bitcoin will increase and I don't want to lose.

Outside of my normal work, my part-time boss paid me in Bitcoin.
I think it's okay to earn Bitcoin from sideline business outside of normal work.
I just invest in Bitcoin, and I haven't used Bitcoin for daily payments.
The value of Bitcoin will increase and I don't want to lose.

More and more altcoins prove the success of Bitcoin.
If it were not for the success of Bitcoin, there would not be so many altcoins.
There are also many altcoins that are developing very well like Bitcoin.
Among so many coins, Bitcoin is still king.
Technology is constantly updated and developed. There may be better technologies to replace Bitcoin. This is the future.
This time period is still dominated by Bitcoin. Other altcoins still depend on the development of Bitcoin.

Any time is the best time to invest in Bitcoin.
Buying on dips is the basic operation of investment. Due to falling prices, many people are afraid to buy and invest in Bitcoin.
Every drop in the price of Bitcoin is an opportunity.

It may promote the growth of Bitcoin price, which is a better thing. Will attract some people to learn about Bitcoin.
Promote the popularity of Bitcoin. When more and more people learn about Bitcoin, many companies will follow suit. Just like El Salvador was the first to set it as legal tender.

The government wants to control the national economy. If cryptocurrency is used, then many transactions are transparent. The state will track people's transactions.
If possible, the government will activate its own country's digital economy. Every country wants to be a superpower. The idea of a big country would be to control all small countries.
They are not thinking about accepting Bitcoin, but about how they want to control Bitcoin.

Your logic is really good. Read your other posts. Each article has something worth learning. But for some people who like simplicity, they will choose to skip when they see your article.

Many people think that mining does not produce social value, so mining is a pure waste of resources. This is a misunderstanding.

The essence of mining is that global miners use algorithms and computing power to maintain a (relative) absolutely safe and decentralized currency system. Essentially, all electricity costs, graphics card costs, ASIC R&D and manufacturing costs are maintained. ,Are maintaining this system.

Compared with other industries, Bitcoin mining does not consume a high proportion of electricity. Secondly, most of the mining farms are located in places with abundant renewable resources.

The dictatorship of Quebec does not need good things and decentralized things like Bitcoin.
The government has recently been very worried about their concentration of power.
They will not be like El Salvador.

The merit mechanism is to encourage everyone to communicate more and express their inner thoughts. No matter if your idea is right or wrong, if you express your opinion and are useful to others, others will give you merit.
In this forum, you have to have the courage to express your thoughts. Maybe what you are talking about is the answer that others are looking for.
Have some tolerance for others. Why are there fewer newcomers in the forum because the forum is not popular? No, newcomers will be severely criticized for saying wrong ideas. We can't make everyone think the same. So be tolerant.
The advantage of forums better than other software is that you can really learn some knowledge. There will not be many ads, scams.
I like to learn on the forum, I can relax and immerse myself in the forum.

• Supply and demand
• Competition
• Production cost
• Exchange applicability
• Regulatory and legal affairs

These will affect the value of Bitcoin. But the total amount of Bitcoin remains unchanged, and the miners may have other rewards later.
After that, protocol mining may occur, and no one is doing mining.

Although it is possible to make money by investing in meme coins, the risks of this kind of investment are very high and are more similar to gambling than real investment. If you happen to buy and sell at the right time, you can make a profit. However, you are more likely to lose all or most of your investment.
A better strategy is to focus on investments that are likely to perform well in the long term. Generally speaking, cryptocurrencies are still highly speculative, so no one knows how it will perform over time. But if you do invest in cryptocurrencies, make sure that the currency you choose has strong fundamentals and is more likely to stand the test of time.

The post was not deleted because the article is helpful to everyone, and some of his posts may be deleted.
Don't copy. This is disrespect for the people on our forum. If you really need a source, remember to tag and search before posting.
But everyone says this search function is not easy to use.
It may also be because everyone's ideological consensus is similar, and similar replies really need to be investigated (maybe others accidentally replied to similar opinions).

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Is that right? Hope it is correct.

Because of the value of Bitcoin, people will hoard it,
Take me as an example. I will invest 20% of my salary in Bitcoin because I think Bitcoin is very valuable and I believe in Bitcoin, so I think Bitcoin is worth investing in.
But if you let me buy something with bitcoin, I will hesitate and pay with fiat currency first.
Although people can pay in any way, will Bitcoin be your first choice?
Now the difference between fiat currency and Bitcoin is that one is inflation currency and contraction currency. Inflated currency (fiat currency) means that if it inflates, you want to get rid of it as soon as possible. For example, we use fiat currency to buy things, invest in real estate, cryptocurrency, stocks. And to shrink the currency (Bitcoin) you buy goods or services, or hoard it. This has no effect on the economy, except to reduce the monetary base and make the currency more scarce, so deflation is faster.
In my opinion, Bitcoin is a store of value, not a currency. There may be cryptocurrencies becoming legal tender, but not now, volatility and supply and demand need to be considered.