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Topic: Bitcoin has clearly failed - page 2. (Read 1845 times)

sr. member
Activity: 462
Merit: 250
July 11, 2012, 07:13:05 PM
#10
This is very confusing. Op are you contradicting yourself?
sr. member
Activity: 294
Merit: 250
Bitcoin today is what the internet was in 1998.
July 11, 2012, 07:09:59 PM
#9
Well I have been trading in Bitcoin for a couple of months now and the fact is, it is a High Risk Commodity, fit only for Forex style trading.  There is no way that this will ever make it as a usable currency.  The trend in Currency is towards stability in Gold, who's only surge is due to instability.  So then, what Bitcoin was supposed to address has been turned upon its own head - Bitcoin is now an even more frightening alternative than Fiat Currencies themselves.

I call trolling.

*hides*

But seriously, you don't give any reasoning that supports your conclusions - all you're saying is that we don't give an explaination into why Bitcoin will succeed, which we will provide.

It is decentralized, easily transferrable, liquid, maintains value over time, etc.
legendary
Activity: 1904
Merit: 1002
July 11, 2012, 07:03:11 PM
#8
Clearly I imagined all those times I traded BTC for goods and goods for BTC.  Clearly.
hero member
Activity: 770
Merit: 502
July 11, 2012, 07:01:42 PM
#7
"Bitcoin has clearly failed"

Not another one, well maybe, keep on continuing with these threads so that it shows Bitcoin is succeeding. As long as ppl want to keep on using bitcoin, bitcoin will never fail. Ha, take that, Haters. Smiley
hero member
Activity: 686
Merit: 500
Wat
July 11, 2012, 06:57:21 PM
#6
1 Bitcoin will always be 1 Bitcoin. That's stable enough for me.

+1

Its not bitcoin thats unstable its fiat.

I only ever buy bitcoin and cash it out for bitcoin services not go back to the steaming pile that is government fiat.
newbie
Activity: 9
Merit: 0
July 11, 2012, 06:50:31 PM
#5
1 Bitcoin will always be 1 Bitcoin. That's stable enough for me.
newbie
Activity: 6
Merit: 0
July 11, 2012, 06:34:46 PM
#4
Well I have been trading in Bitcoin for a couple of months now and the fact is, it is a High Risk Commodity, fit only for Forex style trading.  There is no way that this will ever make it as a usable currency.  The trend in Currency is towards stability in Gold, who's only surge is due to instability.  So then, what Bitcoin was supposed to address has been turned upon its own head - Bitcoin is now an even more frightening alternative than Fiat Currencies themselves.
Boooooooooo.
hero member
Activity: 980
Merit: 506
September 12, 2011, 04:20:05 PM
#3
lets wait and see
donator
Activity: 83
Merit: 10
September 12, 2011, 04:12:46 PM
#2
Wait, you say Bitcoin failed because it is "not a currency", but rather a commodity like "forex trading"?

Last time I checked, forex trading *IS* currency trading...
newbie
Activity: 4
Merit: 0
September 12, 2011, 03:06:11 AM
#1
Well I have been trading in Bitcoin for a couple of months now and the fact is, it is a High Risk Commodity, fit only for Forex style trading.  There is no way that this will ever make it as a usable currency.  The trend in Currency is towards stability in Gold, who's only surge is due to instability.  So then, what Bitcoin was supposed to address has been turned upon its own head - Bitcoin is now an even more frightening alternative than Fiat Currencies themselves.
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