Bitcoin Is Complete Garbage!!! - page 3.

xypos

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Quote from: Dudeperfect on June 17, 2017, 11:33:09 PM

I would like to read the take of those people who had similar mentality back in 2011-12 and they refused to invest even a penny in the Bitcoin. I agree that we should not consider past performance as a reflection of the future but bitcoin has introduced its potential over the time and new concepts are enough to draw a picture of the future of infinite possibilities of the bitcoin. Bitcoin is garbage those who fails to see its potential.

Pretty much.

Back in the early days of bitcoin there were a lot of people calling out bitcoin for being a ponzi scheme and whatnot, but they have pretty much failed miserably with their predictions that never panned out. I remember a lot of people were saying that bitcoin will crash to zero in 5 years blah blah blah.

It's just another bitcoin hater. No need to take too much notice, obviously he is affiliated with some sort of stock market broker, and bitcoin trading is a direct competitor to stocks. So it makes sense for him to write up this sort of bullshit.

Dudeperfect

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I would like to read the take of those people who had similar mentality back in 2011-12 and they refused to invest even a penny in the Bitcoin. I agree that we should not consider past performance as a reflection of the future but bitcoin has introduced its potential over the time and new concepts are enough to draw a picture of the future of infinite possibilities of the bitcoin. Bitcoin is garbage those who fails to see its potential.

shone08

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Quote from: TastyChillySauce00 on June 17, 2017, 09:33:32 PM

Mere an opinion from one side, there's nothing to argue about the article but just ignore it instead, though criticism for bitcoin is absolutely fine and there's nothing to worry about from this article.
From the article itself, I might agree with some points written by the writer but not with the rest (for example, delusional dialogue)

Dont waste your time for that kind of article no need to argue instead ignore it just simple
Yes the author has a point but its just an opinion stay cool and continue on what your doing!!

btcney

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Quote from: DaftAjax on June 17, 2017, 07:02:02 PM

The reason why they are saying that Bticoin is a garbage? Is mainly because the rapid population growth of these Altcoins, for example ETH has been the top Altcoin now, and there are rumors that ETH will soon replace BTC. But that's not the case because BTC has already been using in countries that have already accepted it as payment. Why are you saying that BTC is a garbage?

Altcoins aren't going to replace bitcoin.

And there is no "rumour" that suggests that ethereum is going to be the "new bitcoin". All it had done is simply come close to bitcoin's market capitalization which in my opinion will probably not be the case in the near future as more and more people move their funds out of ethereum and into bitcoin in search of better liquidity and trading opportunities.

He has some good points in his article, but they are not properly researched and it's extremely biased coming from a central bank supporter as their author.

TastyChillySauce00

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Mere an opinion from one side, there's nothing to argue about the article but just ignore it instead, though criticism for bitcoin is absolutely fine and there's nothing to worry about from this article.
From the article itself, I might agree with some points written by the writer but not with the rest (for example, delusional dialogue)

Makka

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Quote from: DOGE12321 on June 15, 2017, 06:47:51 PM

The article has a point. But I think as soon Bitcoin progresses and achieves the ultimate mainstream media attention, the purpose of Bitcoin will be further enlightened. Shops and store will begin to accept Bitcoin. But it all depends on the future.

Well, at least there is something like an enlightened post here that shows unbiased analysis of bitcoin.

Indeed, while the article is clearly a critic about the existence and the foundation of bitcoin, it has a point nevertheless. And, yes it is true, new ones are emerging nonstop, crypto after crypto. But the article is also showing figures, not just simple figures but in billions. Which means even if there are critics of this new technology, the demand is simply rising rather consistently, reflecting trust from people.

red4slash

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If you think that bitcoin is garbage, just give all your bitcoin to me. That would be helpful

Ichijou025

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Quote from: Minecache on June 15, 2017, 06:13:17 PM

Stay away from bitcoin — it’s complete garbage

http://www.marketwatch.com/story/stay-away-from-bitcoin-its-complete-garbage-2017-06-15

Its not garbage mate and its 2017 so dont believe in this article.

Tamilson

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Quote from: Minecache on June 15, 2017, 06:13:17 PM

Stay away from bitcoin — it’s complete garbage

http://www.marketwatch.com/story/stay-away-from-bitcoin-its-complete-garbage-2017-06-15

How could you say bitcoin is garbage? Haha.
Only by that article? You're just trolling around dude.
I'm sure you benefited from bitcoin. Don't us. Grin

Of course there's pump and dump because of the volatility as like the other currencies. There's Eth that next to btc but it's not enough. Many good features has btc that we experience and many countries now legalized it.

DaftAjax

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The reason why they are saying that Bticoin is a garbage? Is mainly because the rapid population growth of these Altcoins, for example ETH has been the top Altcoin now, and there are rumors that ETH will soon replace BTC. But that's not the case because BTC has already been using in countries that have already accepted it as payment. Why are you saying that BTC is a garbage?

Sex Video Chat VKcams.com

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Quote from: AGD on June 17, 2017, 05:22:16 PM

If you don't know that Germany, UK and Austria are in Europe, there is no way you are looking for an answer, but you are just another idiot troll. Ignore function is king with people like you.

You still hide Your story about Food Shopping, seems You have nothing to tell about.
No picture, no video.

No one Food Shop accept BTC in Germany or Austria, and in GB there is only one Farmer Shop.
All URL's provided by You are Restaurants/Bars.

Online Shopping and Delivery Services is not the same as going to Shop and searching items there and paying with BTC.

Still, in USA are listed only 6 places.

Or Your story is a fake?

kriptotr

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Quote from: European Central Bank on June 15, 2017, 06:16:09 PM

a very pre 2013 article but i think he's right about the nearly pure speculation angle. utility and fundamentals have alot of catching up to do.

For 2013's conditions, their negative perspective is very acceptable, honestly saying. They could not have foreseen this development and structre inside the blockchain community.

MyIdeas

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Quote from: BossMacko on June 15, 2017, 07:35:09 PM

Since article was 5 years old, I would not say Bitcoin is a complete Garbage now because there are lot of people now that change their lifestyle because of Bitcoin including me. This is a prove that Bitcoin is very innovative, bitcoin 5 years had a lot of changes from Bitcoin today.

you are very right here the prices are going to its most high status and soon it will be more famous and more safe currency so, calling bitcoin a garbage is totally injustices so it is an upcoming good , secure and most beneficial currency instead of garbage or something useless earn from it and you will get to know its importance in markets.

FasTroy

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Quote from: DOGE12321 on June 15, 2017, 06:47:51 PM

The article has a point. But I think as soon Bitcoin progresses and achieves the ultimate mainstream media attention, the purpose of Bitcoin will be further enlightened. Shops and store will begin to accept Bitcoin. But it all depends on the future.

It's a good article and has an own point, I agree with you bitcoin will be more powerful in the near future because of people who enroll in this community each day. Bitcoin users have a good advantage for bitcoin itself. I think it will be one of the famous think in the whole world after few years, Personnaly, I love bitcoin and i like use it everyday, and it's not a garbage that what this topic said.

AGD

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Quote from: Sex Video Chat VKcams.com on June 17, 2017, 03:44:53 PM

Quote from: AGD on June 17, 2017, 02:50:07 AM

UK:
http://www.wheretospendbitcoins.co.uk/category/food-and-consumables

Germany
https://www.edeka-lebensmittel.de/

Quote

and in EU this exist not.

... is bs.

Edit:

Austria
https://www.lieferservice.at/

Something permit You not to clarify Your story about Food Shopping experience?

Food Shopping is when someone goes to buy food, not eating at Restaurant/Bar?
What for URL's You give again?
For UK there is 1 "farmer shop" and Restaurants/Bar.
Other are affiliate of https://www.wedeliverlocal.co.uk/CustomerFaq.aspx and this is online delivery service for limited territory, no one sell in BTC if You go shopping there in person.

for Germany is 1 online shop
for Austria is a directory of restaurants.

If You have troubles to detect, where is Europe, here is a picture.

Sorry, you are too dull to understand the simplest facts. If you don't know that Germany, UK and Austria are in Europe, there is no way you are looking for an answer, but you are just another idiot troll. Ignore function is king with people like you.

Sex Video Chat VKcams.com

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Quote from: AGD on June 17, 2017, 02:50:07 AM

UK:
http://www.wheretospendbitcoins.co.uk/category/food-and-consumables

Germany
https://www.edeka-lebensmittel.de/

Quote

and in EU this exist not.

... is bs.

Edit:

Austria
https://www.lieferservice.at/

Something not permit You not to clarify Your story about Food Shopping experience?

Food Shopping is when someone goes to buy food, not eating at Restaurant/Bar?
What for URL's You give again?
For UK there is 1 "farmer shop" and Restaurants/Bar.
Other are affiliate of https://www.wedeliverlocal.co.uk/CustomerFaq.aspx and this is online delivery service for limited territory, no one sell in BTC if You go shopping there in person.

for Germany is 1 online shop
for Austria is a directory of restaurants.

If You have troubles to detect, where is Europe, here is a picture.

Mia Wallace

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Quote from: digaran on June 17, 2017, 03:01:00 PM

maybe if you had 500K Bitcoins then it would've been gold for you instead of garbage.
Now can I take 20 of your garbage coins out please? lol

If he had one bitcoin his stand would have being different,he thinks that it is used just to gamble and launder money which is another stupid way to look at things,if he thinks that can be achieved then there is a lot more to that than just use it for gambling,gambling chips from casinos would have being a asset according to his assumption Tongue

epitome

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Quote from: Siren on June 17, 2017, 02:33:12 PM

Maybe the author didn't understand bitcoin that is why he is saying negative things about it. But I think he is outnumbered because every day more and more people are really finding bitcoin a good chance to make their lives easier by investing or earning through it.

The author thinks that it is mainly used for gambling and so he made up his mind that all the crypto currencies have no real world usage,which i think is a dumb analysis,i am sure he has no idea what economics is all about and i think the blog is meant to reach to a wider audience and a click bait with all the dumb stuffs. Cheesy

eaLiTy

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Quote from: avikz on June 17, 2017, 01:54:59 PM

I believe in bitcoin and I am sure that current slide in price is just a phase and it will be over soon. Bitcoin price was down due to the normal market practice. It is just building up its ground and soon will break the previous pricing record. So I am not worrying and I take this opportunity to buy more bitcoins for my savings.

If you look at the price now,it is recovering and it has crossed $2600,it was just a correction and i think the main reason was that bitmain came out with a scaling solution which created much uncertainty and people started selling off without thinking twice and that is how the market works,people used to react pretty fast and then it used to recover after a couple of days and that is what happened here,@OP Brett Arends is the garbage here as he thinks bitcoin is used solely for gambling and money laundering.

digaran

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Yup as we all know everything and all the details about what kind of garbage we're dealing with here, but who cares as long as we can profit from it? maybe if you had 500K Bitcoins then it would've been gold for you instead of garbage.
Now can I take 20 of your garbage coins out please? lol

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