Topic: Are you "scared" that Bitcoin might actually succeed? - page 4. (Read 3853 times)
Yeah, I'm scared it's going to succeed in China a little too well and not succeed in other parts of the world that really need it. The Chinese are setting the stage to be the worlds Bitcoin miner. I don't know if that's bad or not. The U.S. is becoming fairly ambivalent toward Bitcoin. They seem to be against it and want to regulate it to death while arresting people for trading Bitcoin but commerce seems to be the best in merrica. Europe seems to be taking to Bitcoin pretty well, that's good. Some countries seem overly scared of it like Russia and I don't understand that. I'm kind of scared that Bitcoin will succeed itself out of existance from lack of participation in some areas.
Are you "scared" that Bitcoin might actually succeed (and then have serious issues), or are you focused on the bright side?
As far as I'm concerned every day the bitcoin network is online bitcoin has succeeded.True, but what was once a success can become a failure, though people have differing opinions of what is a success or a failure. Even if bitcoin fails or collapses at some point people may still think it was a success because of what it achieved.
I am scared because I will no longer be able to afford it without fear of coming back to $200 again
I feel the same.
BTC had many ups and downs in the past, so nobody can predict what will happen in the future.
Hoping the best
I'm afraid this forum might succeed. 
Are you "scared" that Bitcoin might actually succeed (and then have serious issues), or are you focused on the bright side?
As far as I'm concerned every day the bitcoin network is online bitcoin has succeeded. 
I'm read for it, always loved technology, it revolutionize the we live.
Don't know what you actually meant by saying "scared", but if you would say "excited", yes I am.
There are actually many reputed ventures who are adopting Bitcoins as a method of payment, and so seeing the dark side only doesn't make sense.
There are actually many reputed ventures who are adopting Bitcoins as a method of payment, and so seeing the dark side only doesn't make sense.
I am scared because I will no longer be able to afford it without fear of coming back to $200 again
Why would I be scared? Its not that it "might" suceed. Its already on the right path and its done more than succeed. Its survived numerous tests in my opinion.
Sure there will be setbacks, there are always setbacks, but I think Bitcoin has real potential to succeed. Still that will only happen if it continues to evolve as technology improves. That way it will ensure it's survival and most importantly thrive.
Not that bothered about vc's but I suppose they are a necessary evil for bitcoin's adoption.
I'm sure btc will succeed, whether or not it replaces $$$ is anybody's guess. One thing's for certain, the powers-that-be aren't going to give up their fiat system without a fight.
I'm sure btc will succeed, whether or not it replaces $$$ is anybody's guess. One thing's for certain, the powers-that-be aren't going to give up their fiat system without a fight.
In April/May 2011 (and earlier) this forum was much quieter, and great conversations were easy to find. Those days are gone forever.
I want Biction to succeed "all the way", but that journey will not be easy. The establishment will fight back and the going could get rough.
Hopefully we will be flooded with a new group of honest people who have no intention of setting up more "failed companies".
Do you think the huge wave of venture capital will continue without big setbacks?
Are you "scared" that Bitcoin might actually succeed (and then have serious issues), or are you focused on the bright side?
I want Biction to succeed "all the way", but that journey will not be easy. The establishment will fight back and the going could get rough.
Hopefully we will be flooded with a new group of honest people who have no intention of setting up more "failed companies".
Do you think the huge wave of venture capital will continue without big setbacks?
Are you "scared" that Bitcoin might actually succeed (and then have serious issues), or are you focused on the bright side?
Why would we be scared it will suceed? We should be scared that it wont and I think progress is severely going to be hampered by the reluctance of the general public to adopt it. I believe its use as a currency will grow over time but very slowly. And what do you mean by "setting up more "failed companies"". I think most bitcoin based companies don't get set up to fail unless they're a scam or something.
I think the definition for success is variable. For many bitcoins success means it becoming it's own stabilized currency not being pegged to another external fiat value. I would love to see bitcoin succeed but I don't think I am ready for something this drastic.
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bitcoin had potential til the VC types came along, don't see how anyone would consider vc's as positive.
They build the infrastructure through providing necessary capital, startup expertise, connections, etc. They are accredited investors who are allowed to invest in private companies, unlike most ppl. They also provide confidence in BTC through the very fact that VCs are the ones who make careers out of betting on future technology. They also tend to invest long term instead of dumping for a quick buck. How are they not a positive thing?as many here may know already irl i'm part owner of a company that raises capital for companies wanting to be listed, in our industry we KNOW vcs across the board are leeches., they are renowned for trying to make the quick buck.
we know most the tec crowd get delusional when vcs come along..
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bitcoin had potential til the VC types came along, don't see how anyone would consider vc's as positive.
They build the infrastructure through providing necessary capital, startup expertise, connections, etc. They are accredited investors who are allowed to invest in private companies, unlike most ppl. They also provide confidence in BTC through the very fact that VCs are the ones who make careers out of betting on future technology. They also tend to invest long term instead of dumping for a quick buck. How are they not a positive thing?as many here may know already irl i'm part owner of a company that raises capital for companies wanting to be listed, in our industry we KNOW vcs across the board are leeches., they are renowned for trying to make the quick buck.
we know most the tec crowd get delusional when vcs come along..
Quote
bitcoin had potential til the VC types came along, don't see how anyone would consider vc's as positive.
They build the infrastructure through providing necessary capital, startup expertise, connections, etc. They are accredited investors who are allowed to invest in private companies, unlike most ppl. They also provide confidence in BTC through the very fact that VCs are the ones who make careers out of betting on future technology. They also tend to invest long term instead of dumping for a quick buck. How are they not a positive thing? 
if these people who claim to be our leaders truly care about Democracy
The ones who actually win elections are the ones who are willing to win/gain by any means necessary (or puppets for the use of such ppl). They don't know us or care about us any more than we know or care about them. They do care about money, though, b/c that is something they very much know.
I know, but I'd like to give them a chance and see for myself, if they're going to fuck us over like I bet they're planning to I'll gladly cause some chaos for them, I don't care for a hypocritical society and the people who vote these scumbags in are bad enough.
if these people who claim to be our leaders truly care about Democracy
The ones who actually win elections are the ones who are willing to win/gain by any means necessary (or puppets for the use of such ppl). They don't know us or care about us any more than we know or care about them. They do care about money, though, b/c that is something they very much know.
In April/May 2011 (and earlier) this forum was much quieter, and great conversations were easy to find. Those days are gone forever.
I want Biction to succeed "all the way", but that journey will not be easy. The establishment will fight back and the going could get rough.
Hopefully we will be flooded with a new group of honest people who have no intention of setting up more "failed companies".
Do you think the huge wave of venture capital will continue without big setbacks?
Are you "scared" that Bitcoin might actually succeed (and then have serious issues), or are you focused on the bright side?
I want Biction to succeed "all the way", but that journey will not be easy. The establishment will fight back and the going could get rough.
Hopefully we will be flooded with a new group of honest people who have no intention of setting up more "failed companies".
Do you think the huge wave of venture capital will continue without big setbacks?
Are you "scared" that Bitcoin might actually succeed (and then have serious issues), or are you focused on the bright side?
bitcoin had potential til the VC types came along, don't see how anyone would consider vc's as positive, they are leeches that make bitcoin no better the the bank controls fiat....of course that plays into gov hands so thats where btc is heading anyways.
most people consider btc success vs its price in USD
so as a fiat maker well u'll get the success as a currency success will never come for it.
Being truly indpendent is always the most difficult thing to do, especially if it's away from any government or other institution, I'm not too worried though, if these people who claim to be our leaders truly care about Democracy, then they willl let Bitcoin flourish on it's own and leave it alone as it harms no one and it is something purely participated in by choice. If they don't, then they are nothing more than dictators and frauds and I will gladly fight them.
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