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Topic: Bitcoin Is Complete Garbage!!! - page 6. (Read 6356 times)

hero member
Activity: 1148
Merit: 504
June 16, 2017, 09:40:46 PM
The author have valid points on usability of bitcoin and that the value fluctuates like dropping 30% in a week.. It's certain, bitcoin is full of uncertainty right now. but if he doesn't want bitcoin because it's garbage to him, he can just throw his garbage in my direction. I'll be happy to pick it up.
sr. member
Activity: 630
Merit: 250
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June 16, 2017, 09:30:41 PM
It is his own opinion with regards on bitcoins and I would respect it because there will always be 2 sides in everything that has a potential to have a conflict. At least he thoroughly states the reason why did he came up with that statement. One possible cause is that it already affects his life greatly that is not on a good side.
sr. member
Activity: 462
Merit: 250
June 16, 2017, 09:05:50 PM
Let them grow with the wrong thinking, the authors of the article say that bitcoin bins may be true in the sense of rotting garbage in their thinking.
It seems that you are experiencing a failure in processing bitcoin and hating it or even you have not seen the development of bitcoin and found a worthy way to appreciate bitcoin.
sr. member
Activity: 532
Merit: 250
June 16, 2017, 08:48:49 PM
#99
The thing is, the article is obviously biased.

This is a site that focuses on the stockmarket, and obviously it's in their best interests to cover positive news about the stockmarket and centralized banks, whilst providing negative news for cryptocurrencies because they know that it's going to disrupt their whole business model.

Central bankers don't like bitcoins because they know it's going to replace fiat - and they want to influence others to not like bitcoin too. I'm fine with people not liking bitcoin but at least, keep it to yourself.
hero member
Activity: 1008
Merit: 531
June 16, 2017, 08:43:08 PM
#98
I really don't think that the author has any knowledge of bitcoin is whatsoever.

He probably ran out of material to write about and now he's just writing articles that hates on bitcoin.

Quote
You: So what’s the purpose of bitcoin?

Fan: The technology is absolutely amazing!

You: Yes, but what’s it for?

Fan: Really, the “blockchain” technology is a total masterpiece, way ahead of its time!

You: Yes, yes, I understand that. But what is it actually for?

Fan: You don’t understand! It’s a completely decentralized money system! Totally revolutionary!

You: Honestly, does it have a purpose? Any purpose at all?

Fan: It’s the wave of the future!

What's the purpose of bitcoin? Search it up you dumb f***. Show me one bitcoiner who is retarded enough to say "the technology is absolutely amazing" to the answer of your question. Bitcoin is a decentralized, anonymous monetary system. You said it there. That's the purpose. To avoid government intervention, to avoid centralized banking, to avoid banks taking a cut of every transaction.

It's really not worth your time to even try to convince these bastards to actually try bitcoin themselves before they speak. Let them shill and we'll hodl.
hero member
Activity: 2856
Merit: 578
Leading Crypto Sports Betting & Casino Platform
June 16, 2017, 08:30:28 PM
#97

The author is complete newbie in the world of crypto currency,the only thing that he is right is the speculation which can apply to altcoins but not to bitcoin and ethereum,I seldom stumble this kind of article but it's garbage to me and the editor should fire the writer for this kind of article..
sr. member
Activity: 378
Merit: 250
June 16, 2017, 08:24:57 PM
#96
Yes it is the article has a point but the title itself is the real garbage, why will you say a thing that is a complete garbage if it's a value of $2k plus?

I agree to the fluctuations part that is really unbelievable right now but for me cryptos is still in a early childhood stage and more event will soon to happen(only My own opinion)

Maybe the author of this article has invested most of his savings to Bitcoin or some other altcoin and loses 30% of it in instant that is why he titled this up or maybe just for the sake of click baiting to get more traffic to his article, who knows.
hero member
Activity: 1694
Merit: 502
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June 16, 2017, 08:22:25 PM
#95
After reading the article, I see no reason to think that bitcoin is "garbage". The author merely expresses his distrust of the volatility of bitcoin,and I think this issue has been largely discusses here, but I think the bitcoin and all other altcoins have been used by speculators to make money because the altcoin market is barely emerging and it will still take a long time to reach maturity and present lower volatility in the prices.

Apart from this, the article is shallow and does not deserve to be taken seriously to disqualify bitcoin.

Everyone have the right to express their opinion, others can choose to listen to it, or not. There is like zillion columnists, bloggers and others with similar profession, all they do is talking and expressing their own opinion, sometimes they are right about something and in most cases they are not, everyone can open a blog and wrote what ever comes on that persons mind.
Even here we had, and we still have some people that wrote about the end of bitcoin, destroying bitcoin, simply we don`t need to pay much attention on this pessimistic people. Even bitcoin price is rising, and stronger then ever this people will never stand up and say that they were wrong.
hero member
Activity: 952
Merit: 513
June 16, 2017, 08:21:49 PM
#94
The article doesn't really prove anything. Bitcoin is not garbage. The author most likely does not even know exactly what is bitcoin and is just drawing conclusions from the rising price that it's probably a ponzi scheme etc., which it is not. The questions that he asks in the article are legitimate, however he just answers his own questions for some reason and assumes that's how every bitcoiner will answer it. If he bothered to ask an established bitcoiner for an explanation of what bitcoin is before this article is written then he would likely be convnced into using BTC as well.

Anyone is entitled to their opinion, so don't hate on him too much even though the whole article is complete garbage Tongue
hero member
Activity: 966
Merit: 507
June 16, 2017, 08:10:44 PM
#93
After reading the article, I see no reason to think that bitcoin is "garbage". The author merely expresses his distrust of the volatility of bitcoin,and I think this issue has been largely discusses here, but I think the bitcoin and all other altcoins have been used by speculators to make money because the altcoin market is barely emerging and it will still take a long time to reach maturity and present lower volatility in the prices.

Apart from this, the article is shallow and does not deserve to be taken seriously to disqualify bitcoin.
member
Activity: 84
Merit: 10
June 16, 2017, 07:22:20 PM
#92
it sounds like one of those angry early adopter that lost his coin and now he is angry against bitcoin because of his fault, the article is garbage not bitcoin, nothing to see here

now there is also this trend of competition from ETH bagholder, which will fight against bitcoin, to make you believe ETH is better, and trick you to buy their scam
Until BTC solves its scaling problems after 2+ years of debate I think it's more than fair to say that ETH is possibly better.

It looks like it will either be solved this year or fork into 2, either way I think it will be much better for bitcoin long term.
hero member
Activity: 490
Merit: 520
June 16, 2017, 07:21:53 PM
#91
it sounds like one of those angry early adopter that lost his coin and now he is angry against bitcoin because of his fault, the article is garbage not bitcoin, nothing to see here

now there is also this trend of competition from ETH bagholder, which will fight against bitcoin, to make you believe ETH is better, and trick you to buy their scam
Until BTC solves its scaling problems after 2+ years of debate I think it's more than fair to say that ETH is possibly better.
Ethereum is good in its own way, same thing goes for Bitcoin. I don't think that ETH is really better than BTC because it is essentially comparing apples to oranges, but that's not really something I can voice my opinions on since I'm not constantly involved with the Ethereum community.
Bitcoin does have its own shortcomings and the blocksize is definitely something that has to be considered more actively, but I have a fair amount of faith that things will carry on and BTC and ETH will complement each other, ideally.
hero member
Activity: 826
Merit: 1004
June 16, 2017, 07:14:35 PM
#90
Blah Blah if you all see his signature it is mentioned let's go eth and i'm basically assuming he is a eth investor and supporter but unlike our eth supporters he doesn't like bitcoin. First of all let me remind you the reason why eth exists is because of bitcoin if bitcoin hadn't been so famous your eth wouldn't have copied and introduced it. Another reason the price of eth only went to moon because bitcoin had got famous which intent let eth also to get some recognition. No matter what you say bitcoin will always be the best.
legendary
Activity: 3080
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
June 16, 2017, 06:29:36 PM
#89
There is nothing wrong with a little controversy. Bitcoin is an amazing achievement and technology, however there are some flaws still. The industry overall is very hot, so its healthy to bring it back down a bit at times.
The debate of the scaling problem bitcoin already done by the politicians over 2 years. Looks pity to see those are arguing his statement against others.

I think the scaling problem will have resolved in august.
Segwit + 2 MB hardfork. I can't be patient.  Roll Eyes
hero member
Activity: 700
Merit: 500
Massive price drop coming...
June 16, 2017, 06:25:19 PM
#88
it sounds like one of those angry early adopter that lost his coin and now he is angry against bitcoin because of his fault, the article is garbage not bitcoin, nothing to see here

now there is also this trend of competition from ETH bagholder, which will fight against bitcoin, to make you believe ETH is better, and trick you to buy their scam
Until BTC solves its scaling problems after 2+ years of debate I think it's more than fair to say that ETH is possibly better.
Ethereum are still altcoin they are added other feature that is why its more better but overall its just a copy paste of bitcoin.. why you are pushing down bitcoin? The fact that if there is no bitcoin those altcoin will never exist.
And its impossible that bitcoin will be down and become a garbage, bitcoin are in the new level where altcoin is impossible to reach. .
That i think if there's a chance that ethereum will be rise above bitcoin we will experience more disaster that bitcoin already experience bad issue and fixed.. unlike ethereum we do not know ethereum if it increase the same path of bitcoin it can experience much more issue than bitcoin ..
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
June 16, 2017, 06:10:26 PM
#87
it sounds like one of those angry early adopter that lost his coin and now he is angry against bitcoin because of his fault, the article is garbage not bitcoin, nothing to see here

now there is also this trend of competition from ETH bagholder, which will fight against bitcoin, to make you believe ETH is better, and trick you to buy their scam
Until BTC solves its scaling problems after 2+ years of debate I think it's more than fair to say that ETH is possibly better.
full member
Activity: 406
Merit: 100
June 16, 2017, 06:04:55 PM
#86
are you serious? stay away from bitcoin in 2017 is a stupid idea... i will better stay away from mcdonalds not bitcoin.
sr. member
Activity: 854
Merit: 251
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June 16, 2017, 05:43:26 PM
#85
So I guess there really is a money in the garbage,
But its just his opinion and every one has the right to say what ever their opinion is.
hero member
Activity: 2128
Merit: 524
June 16, 2017, 05:29:28 PM
#84
Quote
You: Honestly, does it have a purpose? Any purpose at all?

Somebody should tell him that it has more than one purpose. It's an anonymous and fast payment system and a store of value like bonds but better, because it does not depend on the issuing government. I wonder if his attitude has changed since he wrote that article. Maybe he's even a holder now. Tongue
member
Activity: 84
Merit: 10
Bitrated user: Olysikes1. Authenticate
June 16, 2017, 05:14:19 PM
#83
Only judging from an article is absolutely ridiculous , also that article is utter shit , just how can you make a conclusion if a big digital finance going to be waste of time ? This is fake news lol , probably the writer just drunk or lost his bitcoin during gambling and trading lmao
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