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Topic: Analyst say bitcoin will Obsolete one day. - page 6. (Read 2132 times)

copper member
Activity: 196
Merit: 0
may be analyst are saying true, but we should always be careful fake analyst.but bitcoin has  strongly & powerful image in all of the world. so who says bitcoin will obsolete one day but l want to say they help to  give much more strength to free of cost.
copper member
Activity: 336
Merit: 1
Do not believe the fake analyst.

Bitcoin I can say, is still on its infancy stage and having waves like this.

What then do you think will happen when it gets to adolescent stage?
member
Activity: 378
Merit: 10
bitcoin will always be in the first place in the entire crypto world! bitcoin appeared the very first! all the big investors keep their money in bitcoin! they invested a few years ahead in bitcoin! I'm sure that the price of bitcoin will always grow! but sooner or later it will stop! the cost of bitcoin will be about 100,000! he will cease to grow and will be plus minus in one stand!
newbie
Activity: 58
Merit: 0
Who predict that Bitcoin will Obsolete One day. because they said bitcoin is hard to forget.
full member
Activity: 237
Merit: 100
The predictor says its useful,  its visible, but one day it will be obsolete. 
One thing I want to say people wants to says negatively.  this is a new technology, we can't appreciate new things.
 new link down below.

https://cointelegraph.com/news/geopolitical-analyst-believes-blockchain-will-become-obsolete/amp

The news source you provided above is https://www.cnbc.com/2018/06/15/geopolitical-analyst-george-friedman-says-blockchain-will-become-obsolete.html inside the site that needs to be understood is this paragraph:

"Some analysts have noted that if and when an emerging technology called quantum computing matures, it could easily decrypt blockchain. However, they emphasize such a scenario is still years away and blockchain technology itself may also have evolved by that point."

Blockchain becomes obsolete just like an outdated phone after the emergence of smartphones. This is the law of nature in the technological world. But did not rule out Blockchain will upgrade to a better system so it will stay alive and victorious.
So the point is this news is not negative news. People misunderstand about this kind of news.
Catchy headlines to spread FUD were the most common problem for people who really don't know what bitcoin is. Because of being a jerk investors, panicking all over the crypto world is being inevitable specially people that are ignorate from trading.
Bad news about bitcoin isn't FUD - it is now reality. 


Yes, right. Negative news about Bitcoin is not all FUD. But I think it's still in the level of fairness, Bitcoin flying fantastically, down fantastic too. Normal for Bitcoin who always reap the pros and cons throughout history that he passed.
member
Activity: 210
Merit: 10
https://eloncity.io/
At one point everything will someday be outdated. This is the pattern of development. I do not exclude that already in 70 years our descendants will consider us as a backward generation almost as from the Stone Age.
legendary
Activity: 1442
Merit: 1016
Everything in our life, ever ends and eventually improved. You don't need to be a famous analyst to judge this truth. Turn around and see what surrounds you, and remember how it was before. This is an evolution, there will be no more Fiat money, perhaps no more bitcoins.

This is right. It's all about evolution and technological process. Before light bulbs and electricity people were using oil lamps.
Before cars people were using horse carriages. Only Studebaker saw the disruption coming and made a successful transformation from a horse carriage to a car producer.
And in the financial world, after a century of stagnation, crypto currencies are coming around the corner. Mainly Bitcoin, which will have a huge impact.
Regarding Bitcoin becoming obsolete, I think this is something generations after us may have to deal with, but not us.
sr. member
Activity: 481
Merit: 250
The predictor says its useful,  its visible, but one day it will be obsolete. 
One thing I want to say people wants to says negatively.  this is a new technology, we can't appreciate new things.
 new link down below.

https://cointelegraph.com/news/geopolitical-analyst-believes-blockchain-will-become-obsolete/amp

It's silly to believe a person who relies on the probable disclosure of the bitcoin code or blockchain by the special services. You know that there's a quantum computer, so you guys know that it can hack into anything today. But he is under very strong protection and under a big secret. They  use it in the military industrial complex. Why do they need bitcoin??? contraband is sold..... mybe ))
full member
Activity: 281
Merit: 100
Everything in our life, ever ends and eventually improved. You don't need to be a famous analyst to judge this truth. Turn around and see what surrounds you, and remember how it was before. This is an evolution, there will be no more Fiat money, perhaps no more bitcoins.
legendary
Activity: 1596
Merit: 1026
The predictor says its useful,  its visible, but one day it will be obsolete. 
One thing I want to say people wants to says negatively.  this is a new technology, we can't appreciate new things.
 new link down below.

https://cointelegraph.com/news/geopolitical-analyst-believes-blockchain-will-become-obsolete/amp

The news source you provided above is https://www.cnbc.com/2018/06/15/geopolitical-analyst-george-friedman-says-blockchain-will-become-obsolete.html inside the site that needs to be understood is this paragraph:

"Some analysts have noted that if and when an emerging technology called quantum computing matures, it could easily decrypt blockchain. However, they emphasize such a scenario is still years away and blockchain technology itself may also have evolved by that point."

Blockchain becomes obsolete just like an outdated phone after the emergence of smartphones. This is the law of nature in the technological world. But did not rule out Blockchain will upgrade to a better system so it will stay alive and victorious.
So the point is this news is not negative news. People misunderstand about this kind of news.
Catchy headlines to spread FUD were the most common problem for people who really don't know what bitcoin is. Because of being a jerk investors, panicking all over the crypto world is being inevitable specially people that are ignorate from trading.
Bad news about bitcoin isn't FUD - it is now reality. 
full member
Activity: 672
Merit: 127
The predictor says its useful,  its visible, but one day it will be obsolete. 
One thing I want to say people wants to says negatively.  this is a new technology, we can't appreciate new things.
 new link down below.

https://cointelegraph.com/news/geopolitical-analyst-believes-blockchain-will-become-obsolete/amp

The news source you provided above is https://www.cnbc.com/2018/06/15/geopolitical-analyst-george-friedman-says-blockchain-will-become-obsolete.html inside the site that needs to be understood is this paragraph:

"Some analysts have noted that if and when an emerging technology called quantum computing matures, it could easily decrypt blockchain. However, they emphasize such a scenario is still years away and blockchain technology itself may also have evolved by that point."

Blockchain becomes obsolete just like an outdated phone after the emergence of smartphones. This is the law of nature in the technological world. But did not rule out Blockchain will upgrade to a better system so it will stay alive and victorious.
So the point is this news is not negative news. People misunderstand about this kind of news.
Catchy headlines to spread FUD were the most common problem for people who really don't know what bitcoin is. Because of being a jerk investors, panicking all over the crypto world is being inevitable specially people that are ignorate from trading.
member
Activity: 143
Merit: 10
The predictor says its useful,  its visible, but one day it will be obsolete. 
One thing I want to say people wants to says negatively.  this is a new technology, we can't appreciate new things.
 new link down below.

https://cointelegraph.com/news/geopolitical-analyst-believes-blockchain-will-become-obsolete/amp

The news source you provided above is https://www.cnbc.com/2018/06/15/geopolitical-analyst-george-friedman-says-blockchain-will-become-obsolete.html inside the site that needs to be understood is this paragraph:

"Some analysts have noted that if and when an emerging technology called quantum computing matures, it could easily decrypt blockchain. However, they emphasize such a scenario is still years away and blockchain technology itself may also have evolved by that point."

Blockchain becomes obsolete just like an outdated phone after the emergence of smartphones. This is the law of nature in the technological world. But did not rule out Blockchain will upgrade to a better system so it will stay alive and victorious.
So the point is this news is not negative news. People misunderstand about this kind of news.
newbie
Activity: 74
Merit: 0
Reality can be otherwise. At a time there was no money before it was trade by barter, there was no computer before, and many things, though adoption of bitcion may take time but gradually it will progress as use of internet is progressing in many part of the world and online e-commerce is progressing too. It will make payment easier without having to go through bank.
hero member
Activity: 980
Merit: 502
The predictor says its useful,  its visible, but one day it will be obsolete. 
One thing I want to say people wants to says negatively.  this is a new technology, we can't appreciate new things.
 new link down below.

https://cointelegraph.com/news/geopolitical-analyst-believes-blockchain-will-become-obsolete/amp
I don’t think that bitcoin will be obsolete one day because in my opinion bitcoin is very sustainable crypto currency and very versatile too and if we look bitcoin since year 2008 and the success stories of bitcoin billionaires then they simply signify that since year 2008 bitcoin has been very sustainable and I don’t think that bitcoin is a bubble and will end up like bursting because I think this is the starting of bitcoin era and now the countries has started legalising it.
full member
Activity: 546
Merit: 122
Is likely to become obsolete one day, it may be tomorrow or 100 years from now, but until a superior technology emerges nobody can overcome Bitcoin in its proposal, not to mention that Blockchain is only in the beginning, it will still yield many benefits.
member
Activity: 224
Merit: 10
diceroll.xyz
Don't trust this type of analytics...Keep investing and make profit by your own strategy,one day wil be yours
jr. member
Activity: 178
Merit: 1
That Blockchain technology is obsolete, it is necessary to compare it with something new more perfect. While this technology can not be compared with anything. So it's too early to talk about this. It's clear that over time any technology is outdated and this will happen sooner or later with blocking technology. There are many problems and problems regarding the technology and are looking for further development that will resolve the current problems faced by users.
sr. member
Activity: 1960
Merit: 329
The predictor says its useful,  its visible, but one day it will be obsolete. 
One thing I want to say people wants to says negatively.  this is a new technology, we can't appreciate new things.
 new link down below.

https://cointelegraph.com/news/geopolitical-analyst-believes-blockchain-will-become-obsolete/amp
People like to say negative things about bitcoin just to be in the news. They forget that technology comes and goes just like humans are born and also die. Nothing stays forever. But before blockchain dies, a lot of money would have been made.
full member
Activity: 301
Merit: 100
Let's clarify: He didn't say Bitcoin will be obsolete one day, he said blockchain technology will be. He also said that it will be on the basis that intelligence agencies will be able to decrypt it. Well, good luck with that I suppose.

I do think blockchain technology being obsolete is an inevitability though, but unlike Friedman, I think it's going to take a couple of lifetimes, and it's going to be because of a similar but superior technology being invented.

Still I think that bitcoin and blockchain itself are quite vital for now, and why I still hope that it would grow, it's because I put many of my investment capital into it, so hopefully we will see the recovery again.
hero member
Activity: 1834
Merit: 566
Smiley
Its amazing how some people say false things in other to cause some dump in price of the market. George Friedman was not referring to bitcoin, he said that blockchain technology will one day become obsolete. The network which the banking sectors, medical sectors, and hospitality sectors sees as the best modern technology. George Friedman is definitely a cryptocurrency hater.
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