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Topic: BITCOIN is useless!? - page 18. (Read 3828 times)

full member
Activity: 658
Merit: 108
August 16, 2018, 09:31:44 AM
If Bitcoin is useless, I'm not sure how many people would invest in such a virtual currency. Bitcoin is well known and has tremendous influence.

Bitcoin is not useless. People are investing because they think it will be useful in future. But now bitcoin is not useful as it should be. Bitcoin is now useful for earning money not for its main purpose.
newbie
Activity: 14
Merit: 0
August 16, 2018, 09:28:34 AM
If Bitcoin is useless, I'm not sure how many people would invest in such a virtual currency. Bitcoin is well known and has tremendous influence.
full member
Activity: 658
Merit: 108
August 16, 2018, 09:24:30 AM
Bitcoin must be finally used for buys and sells Otherwise I agree that it is useless. People are investing in bitcoin, because they think it's the future payment system. If bitcoin won't be the future payment system, investing in bitcoin cannot be always profitable.
jr. member
Activity: 294
Merit: 1
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August 16, 2018, 09:20:45 AM
Maybe they haven't felt the benefits of bitcoin, so they assume that bitcoin is useless. Even if they are more patient, maybe they will feel the benefits and perhaps will appreciate the work system of bitcoin. They actually can also use bitcoin as an asset in the future, it all depends on their own running the bitcoin.

Or maybe this are the people that already invested in bitcoin but already lost huge investments and this is the reason why some of them are considering bitcoin as useless.
newbie
Activity: 283
Merit: 0
August 16, 2018, 09:18:17 AM
Maybe they haven't felt the benefits of bitcoin, so they assume that bitcoin is useless. Even if they are more patient, maybe they will feel the benefits and perhaps will appreciate the work system of bitcoin. They actually can also use bitcoin as an asset in the future, it all depends on their own running the bitcoin.
newbie
Activity: 210
Merit: 0
August 16, 2018, 08:59:08 AM
Vitamin is useless? And it has gone ahead to turn many to millionaires and billionaires, it changed the internet world so much and you said bitcoin is useless, I don't think so. How many people have PayPal changed their financial status? I just want to know.
full member
Activity: 350
Merit: 102
August 16, 2018, 08:57:13 AM
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



It's ridiculous to read such opinions, people simply do not understand what they are talking about. Bitcoin is a new stage of financial development that will take its place in history.
full member
Activity: 644
Merit: 103
August 16, 2018, 08:56:54 AM
this statment is very subjective, he is a CEO of payment company, and bitcoin is a strong competitor, i think he just taking an advantage from bear situation to keep people from using their company as a payment gateway
newbie
Activity: 182
Merit: 0
August 16, 2018, 08:49:48 AM
Bitcoin is a real digital leaven in the real world. If we really want to develop bitcoin then we should have positive thoughts as well as we should invest bitcon trading as it will give us profit. If we invest in them now
full member
Activity: 406
Merit: 100
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August 16, 2018, 08:43:11 AM
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

I dont believe the bitcoin become zero value in the future, Many country accept bitcoin as their payment and some transaction. Pump and Dump is normal to market so nothing new that, I believe bitcoin will never die, and bitcoin will continue, the title of "king of cryptocurrency".
newbie
Activity: 5
Merit: 0
August 16, 2018, 08:40:41 AM
If it is useless for many people to stay here to wait and hold their coins for bitcoin? I'm sure bitcoin is still the king of the cryptocurrency world and is still a coin that is worth keeping. Current conditions do make people less trust in bitcoin. But surely there will be a time for bitcoin to rise again.
jr. member
Activity: 149
Merit: 1
August 16, 2018, 08:33:47 AM
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


No I disagree on that bitcoin existence is too far nowadays and its price since bitcoin introduced on the internet is too far now and I assure that bitcoin will be more important by next upcoming years well we all have known that crypto is volatile and its normal in the market Bitcoin will be global currency someday we just need more studies and it will be soon.
sr. member
Activity: 704
Merit: 270
August 16, 2018, 08:25:53 AM
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

Well I don't think that Bitcoin is useless and I do believe that bitcoin has a very bright future ahead in the upcoming years. And this is because it has very high potential. Since bitcoin has started it has gained a lot popularity among the people all over the world and it's potential users all over the world have also increased tremendously who are willing to invest money in bitcoin.
member
Activity: 434
Merit: 10
August 16, 2018, 08:24:23 AM
Based on the logic of Bill Harris, gold, too, in that case - is meaningless. I think he is speculating. He probably bought himself some bitcoins, but hides it.
newbie
Activity: 62
Merit: 0
August 16, 2018, 08:22:56 AM
Dan Roseman said: "The Bitcoin protocol has immense intrinsic value as a self-regulating frictionless payment network affordable to almost anyone. Here is a technology that allows anyone to send any amount of money to anyone else in the world at virtually no cost with nothing more than an Internet connection or smart phone. Bitcoin, like the Internet, is one of those innovations that can break down barriers; information barriers in the case of the Internet, and financial barriers with Bitcoin.”
member
Activity: 203
Merit: 10
August 16, 2018, 08:19:02 AM
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 as a bitcoin user,its not useless because my life changed a lot because of this online job.why?I am not an educated person and its hard for me to find a right job but I found it through bitcoin.Bitcoin is for all the people who are educated and none educated person especially to those who are interested of it.Thats why I am the one to those person who tried bitcoin and thats it!I found my life because of bitcoin and I really thank you,its really change my life.bitcoin for now is down but I still hoping that it will going back to normal again.
jr. member
Activity: 157
Merit: 1
August 16, 2018, 08:12:43 AM
I don't think so. Bitcoin now digital currency it's platform is good and everyone use it easily. Many investors are invest it and they make good profit. So I don't agree with you.
hero member
Activity: 1063
Merit: 502
RIP: S5, A faithful device long time
August 16, 2018, 08:08:09 AM
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


No, bitcoin is pure cash (Usa dollars or Euro etc)  Grin
newbie
Activity: 8
Merit: 0
August 16, 2018, 08:04:26 AM
If we unpack what he's saying it becomes apparent quite quickly that it's more mis-information to try and destabilize the market as its a threat to his own revenue streams. Screw that.
newbie
Activity: 210
Merit: 0
August 16, 2018, 08:02:02 AM
Whatever!!!!

The Bitcoin become powerful now a days, as was for the crashed that happened with its lowest prize its only down to 6300, and it doesn't fall down to 5k, it only means that Bitcoin has something that can help everyone in the future and the people decide that it will be.... Government should focus also on how to use Bitcoin also with their system...
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