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Topic: BITCOIN is useless!? - page 24. (Read 3828 times)

full member
Activity: 406
Merit: 100
August 15, 2018, 08:29:05 AM
#62
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

That is his personal opinion but if you look to the crypto market in general more and more people and  companies are adopting blockchain and uses crypto currency as one of the medium of payment.  it only shows that bitcoin has value tocthose eho believe in it
member
Activity: 236
Merit: 10
August 15, 2018, 08:28:37 AM
#61
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

If we want to talk about revenue and profitability do our traditional fiat currency make revenue and is profitable on it own. Because He owns paypal do not make him omniscience, because from this statement I realize He does not understand bitcoin.
legendary
Activity: 1414
Merit: 1001
August 15, 2018, 08:23:21 AM
#60
Everybody is entitled to their own opinion and I agree to disagree with the subject since I believe btc will not end as they claim to happen. I believe that btc is now slowly gaining a positive trend and this perhaps is gaining more momentum for a bullish market that might soon be expected in the coming weeks. So, I would say btc is still on it's prime and useful to everyone who believes what btc can do to make every investors gain more profit.
We must have an understanding that Bitcoin is a future, give information about cryptocurrency to many people and that will help increase the volume of transactions on the Bitcoin market. Increases and decreases will always occur at any time, therefore we must be able to take advantage of every time. Pay attention to the price of Bitcoin and we can use it as best as possible. The more people who use Bitcoin, the better it will be for the development of Bitcoin.
member
Activity: 784
Merit: 10
August 15, 2018, 08:22:04 AM
#59
Really? A high valued coin its easy for you to say bitcoin is useless. With its price about seven thousand dollars per one bitcoin, you only say its useless? I think investors and traders qre not using this words in their vocabulary as they have invested bitcoins. Its a job and money making industry, and it is not useless as others thinks it is.
sr. member
Activity: 569
Merit: 250
August 15, 2018, 08:14:14 AM
#58
Is it because he's a big person so the world community listens to him? does he regulate the value of bitcoin? can he predict the future?
from the past many people who wanted to drop bitcoin, they made various bad reasons about bitcoin but what is it now? does bitcoin fall to zero?
don't people have other jobs that are more useful than listening to this useless chatter? try to instill confidence in yourself in bitcoin
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
August 15, 2018, 08:11:54 AM
#57
Whoever he is who told that bitcoin is useless is such an insecure because bitcoin is such a good investment that more and more people now are curious and wanted to invest. Bitcoin value will not go down to zero i believe it would go higher in the next coming months.
With those new investors and traders, they will bring another hyped after realizing the potentials those people who still have a closed eyes with popularities and adoptions of this system, they needed to learned more about this, and if they will give some chance to try and not just to have a negative mindset for sure they will adopt and use this chain.
full member
Activity: 910
Merit: 100
elysian.finance
August 15, 2018, 08:04:53 AM
#56
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

many people report and assume that bitcoin is a Scam, but for me it is not, indeed bitcoin prices have decreased significantly, but according to my analysis and predictions bitcoin will grow soon and raise the price which will make people surprised.
newbie
Activity: 30
Merit: 0
August 15, 2018, 08:04:10 AM
#55
a forum for people to earn a living, a  platform for people to have a better transformed life. its a unique and outstanding source of security. indeed bitcoin is very useful.
full member
Activity: 1624
Merit: 163
August 15, 2018, 08:03:52 AM
#54
That's just his opinion, it's neither true or false. You just have to believe in the technology of Bitcoin if you want it to be fruitful. In my opinion, Bitcoin helped me so much. From my financial status to buying something using its features. With Bitcoin, I am able to pay my bills without going in line again and with lesser hassle. With Bitcoin, I was able to get my business running and that it help myself prosper. Bitcoin will never go zero as it has real world usage now.
newbie
Activity: 27
Merit: 0
August 15, 2018, 08:02:47 AM
#53
Bitcoin is not useless because if you know the benefit in bitcoin you will not say is useless,one of the benefit is that if you buy 5000 of bitxoin you will be rewarded, so in this case bitcoin is not useless....
member
Activity: 322
Merit: 10
August 15, 2018, 07:59:53 AM
#52
Whole globe know and care about Bitcoin and crypto today and this crowd will getting bigger day by day. All the goverments and countries accepting BTC. Because this is the new world order and cryptos will take over fiat soon enough!
full member
Activity: 658
Merit: 112
August 15, 2018, 07:55:48 AM
#51
Bitcoin hedead to zero? What do you mean by saying that? I think you don't know much anout the Bitcoin and cryptocurrency.. The crypto money time has come, everyone started to use cryptos today. How could you say useless? Smiley The goverments started to accept it and preparing taxes about it. So useless=nonsense.
full member
Activity: 602
Merit: 107
August 15, 2018, 07:49:18 AM
#50
2nd richest man Warren Buffet said "Bitcoin is rat poison"

He's afraid his dolla bills are going to be worthless Wink Bitcoin has a bright future. Crypto will do the same thing to banks as email did to post.
jr. member
Activity: 53
Merit: 1
August 15, 2018, 07:44:29 AM
#49
everyone has their own opinion, if they don't like bitcoin, leave it alone.
if they don't like us we will definitely find a gap for our mistakes no matter how small it will become big.
so we don't need to respond to them so they say what's important we don't despair and keep up.
we continue to support bitcoin hopefully to be the leader in the digital world
hero member
Activity: 774
Merit: 503
August 15, 2018, 07:39:55 AM
#48
Whoever he is who told that bitcoin is useless is such an insecure because bitcoin is such a good investment that more and more people now are curious and wanted to invest. Bitcoin value will not go down to zero i believe it would go higher in the next coming months.
newbie
Activity: 126
Merit: 0
August 15, 2018, 07:30:06 AM
#47
Too many Nay sayers in this Crypto. Maybe the professionals should mind their business and just leave bitcoin alone. All these doom analyst will later apologize. But friend, you should have given us the link to this post.
newbie
Activity: 64
Merit: 0
August 15, 2018, 07:27:11 AM
#46
bitcoin's price as of the moment surely goes down as of the moment but it will rise up again until it settles down to a particular value wherein it will settle down and move with the global economy.As long as there are investors willing to invest in this type of currency, its value will never reach zero.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
August 15, 2018, 07:20:45 AM
#45
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 that is not true bitcoin will not be headed to zero! the market flactuation is just normal and bitcoin is not useless because lots of people already benefit from investing in bitcoin. Bitcoin will continue for long time. I agree with you that comment from CEO of paypal is non-sense.

Agree here, it's almost impossible for btc to reduce to 0; the only possible reason is the invention of something safer, fairer, more available, faster, and without commissions. But at the current realities, that is unlikely to happen soon. I would rather bet on btc improving than btc getting wiped out of the crypto-map.

the only way bitcoin can go to zero is if it becomes obsolete, for example in case of an unfixable bug! but creation of something new or even better is not going to make bitcoin obsolete.

in any case this is no the argument here at all. this is all about certain people not wanting to see bitcoin grow under any circumstances. they see the adoption of it and they feel threatened by its existence so they will burst out against bitcoin like this.
jr. member
Activity: 140
Merit: 1
August 15, 2018, 07:14:50 AM
#44
It seems bitcoin has earned its value and popularity. In fact, the people themselves made it so and if it happened, why should it fail. There will be demand then there will be an offer.
newbie
Activity: 84
Merit: 0
August 15, 2018, 06:59:13 AM
#43
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 that is not true bitcoin will not be headed to zero! the market flactuation is just normal and bitcoin is not useless because lots of people already benefit from investing in bitcoin. Bitcoin will continue for long time. I agree with you that comment from CEO of paypal is non-sense.

Agree here, it's almost impossible for btc to reduce to 0; the only possible reason is the invention of something safer, fairer, more available, faster, and without commissions. But at the current realities, that is unlikely to happen soon. I would rather bet on btc improving than btc getting wiped out of the crypto-map.
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