BITCOIN is useless!? - page 15. | Bitcointalksearch.org

cheezcarls

hero member

Activity: 2282

Merit: 659

Looking for gigs

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

For me, I think there is no way that Bitcoin could be useless in the near future. I am indeed excited on what future lies ahead of Bitcoin. It seems that a lot of people still misunderstood about Bitcoin because they do not understand the technology behind it and how will it contribute to our future. Just my two sats.

necromastery

sr. member

Activity: 1414

Merit: 254

The fact is most people say bitcoin is useless when in disappointment. If they get what they want from bitcoin they definitely say bitcoin is very useful. . Everyone while in trading crypto usually experience it. We just need to calm down and make another try in different way. Because market conditions will not be forever as bad as they are today.

klavyemaus52

full member

Activity: 571

Merit: 113

Yes i think like that bitcoin is useless with altcoins but without altcoins bitcoin is mother and all altcoins moving with bitcoin

LilPancakes2

newbie

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Quote from: ?? on ??

i was only invested what i could afford to lose and of what i invested, i lost 60% of that which is the main reason i hate bitcoin!

This ^ Nailed it. And not just this whining, negative, poor me pessimist, but you sum up pretty much all the people taking the time to come on to a forum designed to share useful information...just to hate on the subject of said forum.

AlexanderCoconut

newbie

Activity: 28

Merit: 0

Quote from: ?? on ??

i was only invested what i could afford to lose and of what i invested, i lost 60% of that which is the main reason i hate bitcoin!

Well bud, sorry to tell you, but... You don't really hate bitcoin, you hate yourself. You only blame bitcoin for your own failure/bad judgment.

samekto198

newbie

Activity: 159

Merit: 0

it's just a prediction, and predictions aren't always right. everyone has their own predictions. in the future people can only guess. if told to say exactly when btc will be 0 I think that person won't be able to say it.

dear53

jr. member

Activity: 322

Merit: 1

My opinion is, there is no possibility to Bitcoin price is going to be zero. In the recent situation it is impossible to thinking without Bitcoin. Most of the online site use Bitcoin for paying there payment. Millions of people now use Bitcoin and they have a lots of invest on it. Now Bitcoin Prize is very low, but it will always be that same this is not true. Bitcoin is a bad time now and at this opportunity the slanderers will talk a lot, it is normal but it's never that we have to believe it. The condition of current market must be very bad it is 100% true but there is nothing to lose faith from Bitcoin. We all know that Bitcoin has changed a lot of peoples life. So we have must believe in Bitcoin and of course we are successful from it. Just Be patient.....

Naughty Princess

full member

Activity: 952

Merit: 107

Quote from: lotsky123 on August 16, 2018, 06:09:28 PM

People saying this that bitcoin is useless, have never experienced the benefits brought by bitcoin. It is just another fake or bad news to make the people panic and tend to leave cryptocurrency. We should have one mission which is to become bitcoin a legally accepted worldwide digital currency as an alternative money for our fiat money because this makes our transaction faster and easier from money transfers, paying bills, buying goods and any other transactions electronically.

Bitcoin has seen to useless because people wanting to have good profit instant after investing. There are many functions of bitcoin that benefit us and helpful for us to change life. Bitcoin is useful when we learn how to handle with the market. People when do not see improvement on something thinks easily for be useless when do not get what they actually want and throw away the chance.

Ekanenf

full member

Activity: 290

Merit: 100

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

Expect that there are people who would contradict with the will of cryptocurrencies, they can't help but to doubt it because it is too good to be true for them, and that is what you called "FUD"(Fear Uncertainty and Doubt) which is the biggest enemy of bitcoin going to the moon, therefore there is no reason for us to conclude or even think that bitcoin is going back to zero just because of its situation right now.

This is because of the volatility characteristic of bitcoin, I hope that makes sense.

microwave

newbie

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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

We are atill evaluating the movement of bitcoin remember almost 8 months was still remain 6 to 8k usd. So as of now we can not predict the exàct prediction of bitcoin price. But not totally become zero thats exaggerated. Over estimate

mimiko

newbie

Activity: 154

Merit: 0

I don’t think so. The value of bitcoin will never be determined by the likes of them. They never been into cryptocurrency for sure that they are scaring investors out of this world. i laugh when people say things they know nothing about.

Walter_Potts

newbie

Activity: 13

Merit: 0

well this is a very bold statement, because many people have made a lot of money using bitcoin. of course bitcoin is very controversial at the moment because it is still fairly new and peoples emotions are the main reason why it continuously fluctuates because people get hyped by the dream of making lots of money - and start buying when they dont really understand the nature of bitcoin and then panic and start selling as soon as the road gets bumpy - this leads to these high and lows in bitcoins performance.

hisuka

sr. member

Activity: 882

Merit: 251

Quote from: raipour on August 16, 2018, 09:53:14 PM

There is no way that such a big market cap will collapse all of sudden. I expect bitcoin to keep growing.

It will not become zero value since many users still in bitcoin. Even other people expects to go down further the value it will not headed to zero. I think price of bitcoin will slowly recover because people will continue to use it.

raipour

newbie

Activity: 2

Merit: 0

There is no way that such a big market cap will collapse all of sudden. I expect bitcoin to keep growing.

skilfan

newbie

Activity: 1

Merit: 0

This seems to be another pointless FUD against BTC. Just avoid these fake news and focus on your holdings.

mornabo

hero member

Activity: 1148

Merit: 504

Quote from: lotsky123 on August 16, 2018, 06:09:28 PM

People saying this that bitcoin is useless, have never experienced the benefits brought by bitcoin. It is just another fake or bad news to make the people panic and tend to leave cryptocurrency. We should have one mission which is to become bitcoin a legally accepted worldwide digital currency as an alternative money for our fiat money because this makes our transaction faster and easier from money transfers, paying bills, buying goods and any other transactions electronically.

Yeah only people who don't use and hate bitcoin say that bitcoin is useless, because they never use it, millions of people have
proven that bitcoin is not only a profitable commodity but also useful for currency and payment methods

iotarocket

newbie

Activity: 140

Merit: 0

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

Anyone who says bitcoin is headed to zero is a fool. It is impossible for bitcoin to head to zero as its brand name is arguably worth a significant amount alone. Besides, the NYSE and other major financial institutions are beginning to embrace cryptocurrencies. There will always be a novelty factor to bitcoin as the first cryptocurrency.

Sadlife

sr. member

Activity: 1400

Merit: 269

He says that will be unable to profit in bitcoin but he also said that it is a collosal pump and dump scheme but little do he know that pump and dump scheme's is the source why we are able to profit. And given a chance to reinvest and buy cheaper coins in the market. He should do his research first before making stupid statements.

carolynmino

newbie

Activity: 49

Merit: 0

I do not think bitcoin has a lot of it, it's a lot of use and I did not feel right to say this truth.

dgreat

jr. member

Activity: 70

Merit: 1

i laugh when people say things they know nothing about. most times they say such out of ignorance and even make hate speech in most cases. i have come to reallise that people who do things of such nature says them out of frustration . maybe they might have want to compete but could not make and meet up so the best alternative is to make hate speech as such criticising what they couldnt succeed in beating or being better than. in the case of bitcoin, any 0ne who says that is just a frustrated dumb whom has been hating for a long time and couldnt beat or meet up with the trend so he or she resort to making such comment but you know what, BITCOIN has taken over no matter what is going on now, it would rise back with a high margin taking the lead always.
this is just my opinion.

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