Topic: Apart from network effect, what does bitcoin have going for it right now? - page 2. (Read 1038 times)
March 16, 2017, 09:30:25 AM
It is time to get away from the traditional way of thinking when it comes to Bitcoin. Bitcoin can open up and create new markets just like the Silk Road and the others that have been set up right after it was shut down. The dark markets are growing and it is the future for Bitcoin at its truest sense since they operate outside any law. If you do not believe in that then go buy and invest in something tangible like gold since Bitcoin is only an "investment vehicle".
March 16, 2017, 09:24:32 AM
The community is close to civil war, you can't implement even the slightest changes without months of debate, bitcoin is extremely slow, with ever increasing transaction costs.
I was debating with my Dad about it and he said it's now an investment vehicle only. But the ETF has just been denied. I think bitcoin now has a lost identity and other coins are going to be right up your asses within a year or two.
So I ask the serious question : Apart from network effect, what does bitcoin have going for it right now?
I was debating with my Dad about it and he said it's now an investment vehicle only. But the ETF has just been denied. I think bitcoin now has a lost identity and other coins are going to be right up your asses within a year or two.
So I ask the serious question : Apart from network effect, what does bitcoin have going for it right now?
Network effect. First mover. Pristine origin.
This will take a long time to erode away.
And bitcoin will remain a kind of reserve currency, it can remain at the top of market cap. But it won't be an affordable currency (to pay with) any more. Subtly built in from the start.
Bitcoin's crypto tech is the most primitive and clunky. But it is good enough for a "vault gold".
March 16, 2017, 09:16:15 AM
The community is close to civil war, you can't implement even the slightest changes without months of debate, bitcoin is extremely slow, with ever increasing transaction costs.
when money is involved you can not make rash decisions. taking time is actually a good thing and debates are good too but as long as they are constructive not juvenile attacking of the other team with your eyes closed to everything else.
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I was debating with my Dad about it and he said it's now an investment vehicle only.
not yet it isn't but we may see it happen not so far away.
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But the ETF has just been denied.
ETF had nothing to do with bitcoin. it was a third party setting up a third party way of investing through them.
bitcoin is still what it was. and even if ETF were approved still the rest of the world didn't have ETF!
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I think bitcoin now has a lost identity and other coins are going to be right up your asses within a year or two.
you are wrong.
and no altcoin can even come close to bitcoin. and this is still true even with all the crap that is going on these days
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So I ask the serious question : Apart from network effect, what does bitcoin have going for it right now?
the same thing as always, more adoption, increasing price, more traders trading it and more FUD coming out every day.
March 16, 2017, 09:02:14 AM
The community is close to civil war, you can't implement even the slightest changes without months of debate, bitcoin is extremely slow, with ever increasing transaction costs.
I was debating with my Dad about it and he said it's now an investment vehicle only. But the ETF has just been denied. I think bitcoin now has a lost identity and other coins are going to be right up your asses within a year or two.
So I ask the serious question : Apart from network effect, what does bitcoin have going for it right now?
I was debating with my Dad about it and he said it's now an investment vehicle only. But the ETF has just been denied. I think bitcoin now has a lost identity and other coins are going to be right up your asses within a year or two.
So I ask the serious question : Apart from network effect, what does bitcoin have going for it right now?
It is a given fact and probably one of the famous failures in bitcoin and that is the disapproved twins ETF. But let us not mourn with that failure since the price of bitcoin did not really have a big backward movement in price. The good news is that the fight for an approved ETF is not finished. There is another ETF that will undergo the evaluation of the Securities and Exchange Commission of the United States of America and that is SolidX ETF.
March 16, 2017, 08:58:32 AM
The community is close to civil war, you can't implement even the slightest changes without months of debate, bitcoin is extremely slow, with ever increasing transaction costs.
I was debating with my Dad about it and he said it's now an investment vehicle only. But the ETF has just been denied. I think bitcoin now has a lost identity and other coins are going to be right up your asses within a year or two.
So I ask the serious question : Apart from network effect, what does bitcoin have going for it right now?
I was debating with my Dad about it and he said it's now an investment vehicle only. But the ETF has just been denied. I think bitcoin now has a lost identity and other coins are going to be right up your asses within a year or two.
So I ask the serious question : Apart from network effect, what does bitcoin have going for it right now?
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