BITCOIN is useless!? - page 12. | Bitcointalksearch.org

Skieleton

sr. member

Activity: 686

Merit: 282

Quote from: clear cookies on August 14, 2018, 08:31:43 PM

Bitcoin hedead to zero?
The former ceo of paypal Bill harris said that,bitcoin's value will continue to dwindle until it gets "eventually a whole lot closer to zero."and saying that there's just no value in bitcoin and "Bitcoin makes no revenue, no profitability."
he also called the cryptocurrency is a
"colossal pump-and-dump scheme, the likes of which the world has never seen."
I think this is non-sense, what about you?

Source: cnbc

At present, BTC is quite stable, the problem is the BTC campaign. A large amount of negative information affects the price badly. Another thing is the lack of legality in this market.

ShannonBake88

newbie

Activity: 24

Merit: 0

Quote from: clear cookies on August 14, 2018, 08:31:43 PM

"Bitcoin makes no revenue, no profitability."

If bitcoin is not profitable and revenue, bitcoin will not grow until today.
I think Bitcoin will always be priced when people want to buy and own it. Even if the price of the BTC drops to zero, it can still come back.

aoihs00

sr. member

Activity: 700

Merit: 300

Thats a complete non sense. What does CEO means is something his instincts are saying but come on think on the practical basis and look around you. Bitcoin is here since almost a decade now and the amount of money that is traded into it is huge per 24 hours!

Each time crypto currency falls in the value then 24 hours traded volume rises even further and it can literally increase by one digit per 24 hours. Thats a huge money that gets flooded into the crypto at any given time. I believe nothing like that will happen.

Thats my instinct.

alkiw21

full member

Activity: 344

Merit: 100

I don't care about that. Even though he said like that but I wasn't worried about that. I believe in cryptocurrency. They are people who don't like bitcoin and oppose it, so it's only natural that they say that. So we don't need to care about that. We only continue to support cryptocurrency completely.

edsnowangel

member

Activity: 280

Merit: 39

Citowise-Developing Crypotpayment Infrastructure

Quote from: tensports on August 18, 2018, 04:05:41 AM

there is no possibility to bitcoin price is going to be zero,its just bill harris prediction and predictions are not always right everyone has their own opinion,i believe bitcoin prices will improve in future

yes you are right this just an opinion of one person against the community this comment will do nothing because the power of bitcoin is on it's community and it's believer.

tensports

full member

Activity: 490

Merit: 100

there is no possibility to bitcoin price is going to be zero,its just bill harris prediction and predictions are not always right everyone has their own opinion,i believe bitcoin prices will improve in future

airdrophunter

full member

Activity: 434

Merit: 100

The Exchange for EOS Community

It may be useless to others, but it's precious and savior to other people too whose lives are changed because of bitcoin. Bitcoin is the new gold today in binary form but unfortunately, not all people can have it and therefore not all people's lives won't changed from rag to riches too.

edsnowangel

member

Activity: 280

Merit: 39

Citowise-Developing Crypotpayment Infrastructure

Bitcoin was once a zero value crypto coin but because of the people who believe in the ideology of the crypto this thing gets a value and this is normal for the market to have a pump and dump things because there is no such currency that is keep on rising up even FIAT currencies are going down so means digital assets will also fall down and then rise.
Bitcoin now will not go to zero because of it's community and to the people who believe in it.

KimmyF

sr. member

Activity: 978

Merit: 250

I will definitely disagree to this that the Bitcoin crypto currency will be only considered as a useless. For my own opinion, even how other people tell that Bitcoin is just a bunch of digits, this crypto currency really change my life a lot. It is never useless to me, indeed Bitcoin is a very efficient and convenient crypto currency for me. I hope other people will notice the greatness of this crypto currency and not just tell something like its useless which is not really true.

Anna_Lewis1

newbie

Activity: 56

Merit: 0

Bitcoin is first coin and still a top1 coin, almost alcoin price depend on BTC, hope this relation will not too much as now but i think need 1-2 year more

BigBos

sr. member

Activity: 1974

Merit: 450

Quote from: adadaorlina on August 17, 2018, 10:41:23 PM

Bitcoin is very helpful. Bitcoins are valuable to me and all very much. I have benefited from bitcoin a lot. Bitcoin gained a large number of benefits for business. If bitcoin is useless people won't be talking much about it up till now. The only thing we need now is hope a new bright future for this cryptocurrency. I believe that Bitcoin is soon raising prices and is useful like it used.

actually, bitcoin is useless, for those who hate it, and for those who don't know to use it. but, for those who can use it, of course it will be very useful, even it can make the economy better.

InboundMercury

newbie

Activity: 70

Merit: 0

Everyone has their own view about bitcoin and just because he said that bitcoin is useless it become useless. No, it is very much useful and there are a lot of prove of this.

adadaorlina

full member

Activity: 420

Merit: 100

Bitcoin is very helpful. Bitcoins are valuable to me and all very much. I have benefited from bitcoin a lot. Bitcoin gained a large number of benefits for business. If bitcoin is useless people won't be talking much about it up till now. The only thing we need now is hope a new bright future for this cryptocurrency. I believe that Bitcoin is soon raising prices and is useful like it used.

Chachen19

newbie

Activity: 126

Merit: 0

bitcoin is very useful with its advantages that make investors bitcoin like gold and they prefer to devote all resources to be able to invest in bitcoin even more costly bitcoin transactions we could have guaranteed When the transaction sends bitcoin

jademaxsuy

full member

Activity: 924

Merit: 221

If i did not sell my bitcoin then definitely it already recover by now seeing crypto market goes stronger. I had really regret and seeing this thread reminds me that bitcoin is not really useless. The one posted this thread maybe the useless because this is a FUD that really add uncertainty to the investors especially to a newbie like me.

kylepos

newbie

Activity: 19

Merit: 0

How can u say bitcoin is useless? Bitcoin is hassle-free in the terms of investing and doing transactions. And if you ever invest in bitcoin your gain a lot of profit.

Satish147

full member

Activity: 420

Merit: 100

Harmony for One and All

Quote from: clear cookies on August 14, 2018, 08:31:43 PM

Bitcoin hedead to zero?
The former ceo of paypal Bill harris said that,bitcoin's value will continue to dwindle until it gets "eventually a whole lot closer to zero."and saying that there's just no value in bitcoin and "Bitcoin makes no revenue, no profitability."
he also called the cryptocurrency is a
"colossal pump-and-dump scheme, the likes of which the world has never seen."
I think this is non-sense, what about you?

Source: cnbc

The people who don't understand the underlying technology and potential of Bitcoin are always ready to criticize it when Bitcoin drops. We all know that cryptocurrency markets are too volatile and these coins will reacts heavily based on small news also. Recently we saw with the news of Facebook Q3 earning, the market cap of more than 130 billion dollars are evaporated. But Bitcoin is not even have market cap of 130 billion dollars. So even Bitcoin dropped 90% from ATH then this can overcome easily in near future.

Gregory Brown

newbie

Activity: 23

Merit: 0

I guess that the person who creates this topic has never invested in Bitcoin. He has a narrow thought when thinks that Bitcoin is useless. Next time, Starbucks will allow the customers pay bills by using Bitcoin. Not only Starbucks but also more many restaurants will do that. Just a small proof that can demonstrate bitcoin is not useless.

Nicole Dias

newbie

Activity: 30

Merit: 0

Just an odd guess. There has never been any cryptocurrencies like Bitcoin. Bitcoin gained a large number of benefits for business. In the pass and at present, Bitcoin still affirms its position in the crypto market. Maybe, the price of Bitcoin is falling, but this can not make Bitcoin ending. Everything always must go up and down and so does Bitcoin.

Raymond Robinson

newbie

Activity: 5

Merit: 0

I don't extremely agree with you because the value of Bitcoin can not be extincted just due to your words. Almost of us admitted that Bitcoin has some more advantages than paper money, it's faster and more easily using. We should believe and try to develop this cryptocurrency for a modern market. Perhaps, Bitcoin will dominate the crypto market.

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