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Topic: BITCOIN is useless!? - page 26. (Read 3829 times)

newbie
Activity: 33
Merit: 0
August 15, 2018, 12:38:59 AM
#23
He is probably a paid FUDSTER!  Grin Grin Grin
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
August 15, 2018, 12:33:37 AM
#22
if you are so interested in bullshit quotes then just google bitcoin obituaries and see lots of them in the past 9 short years of bitcoin's existence. each time there is a price movement we get at least a couple of them. bitcoin has been called a lot worse than just "useless" Cheesy

and most of these quotes are from people in US, go figure. it is like they are threatened by bitcoin and the fact that they can not control it but at the same time sine bitcoin is global and out of their reach they can't completely ignore it either!
full member
Activity: 714
Merit: 100
August 14, 2018, 11:10:00 PM
#21
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 heard a lot of criticism on Bitcoin investments since D-Day Bitcoin was founded. Most if them are famous too like JP Morgan, Bill Gates and Warren Buffett in which all are saying that Bitcoin is a bubble, scam and etc but many years have passed but still their words are all proven wrong in which JP Morgan finally supported Bitcoin and waiting for the others to switch sides too. Therefore we must use to these criticism because in the end they will be all wrong.
member
Activity: 268
Merit: 24
August 14, 2018, 11:03:55 PM
#20
Bitcoin hedead to zero?
 Huh Huh Huh Huh
ARE YOU SURE?
I really don't know, that's why im asking too. Grin

Quote
Who is that person even?Does he even invest?
He is the former ceo of paypal,Bill Harris.
And i think that paypal and bitcoin have a competiton for transacting too. Like who is the fastest for transferring money?
So, i think that's why he create this FUD.
newbie
Activity: 210
Merit: 0
August 14, 2018, 10:59:52 PM
#19
bitcoin is not useless but in fact it is useful it can really help us a lot in terms of getting an extra income on some of their ways....i believe that the bitcoin will soon rise and we don't have to think that is is useless because we earn on btc from the start until today and the end...
sr. member
Activity: 250
Merit: 250
August 14, 2018, 10:41:41 PM
#18
Never,  Bitcoin is not useless. It is useful. In cryptocurrency world Bitcoin is the best currency. Without Bitcoin we can not imagine crypto. It can helps us to earn money. With the help of Bitcoin we can changed our life easily.  So, it's true Bitcoin is useful.
jr. member
Activity: 434
Merit: 9
August 14, 2018, 10:47:50 PM
#18
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


Let's analyze first the situation Paypal is right now to make that kind of statement...Paypal is currently most use means of payment and transferring of money in internet. For ecommerce business, even when accepting thru credit it still goes thru Paypal since they are offering secure payment. That's what Paypal is! Now here comes bitcoin, decentralized and anonymous (supposedly). Anyone can transact using bitcoin with no frills and fringe, less hassle and transparent. With all this, it's pretty obvious that Bitcoin is a threat to Paypal. Now need I say more why Bill Harris saying that?
newbie
Activity: 105
Merit: 0
August 14, 2018, 10:36:26 PM
#17
Actually I believe that bitcoin is not useless.It is useful in the crypto world. It can really help us a lot in terms of getting an extra income. So I believe that the bitcoin will soon rise. We can't imagine benefit of bitcoin. Smiley :
newbie
Activity: 136
Merit: 0
August 14, 2018, 10:43:13 PM
#17
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

Although the application of Bitcoin in reality is not much but I think in the future it is more application. The words are just the worst rumors of the day
hero member
Activity: 1582
Merit: 759
August 14, 2018, 10:09:55 PM
#16
I mean look who's saying it, CEO of PayPal, which is in competition to Bitcoin.

No one can 100% determine the fate of Bitcoin whether it be positive or negative.
At the end of the day, anyone who suggests a specific price-point/future for BTC (or other digital currencies) w/ a level of certainty, aren't all that certain and have something to gain from that claim.
newbie
Activity: 162
Merit: 0
August 14, 2018, 10:01:55 PM
#15
Bitcoin for me has a lot of worth, I myself when i started using bitcoins had benefited from it, because im just getting it free. Bitcoin for me will be useless for those who will not know or willing to learn how it gonna works for them.
full member
Activity: 564
Merit: 100
August 14, 2018, 09:54:24 PM
#14
That's just a guess. You see, the market is always unexpected, the currency seems to be zero but suddenly burst back. I think a high-value Bitcoin will not disappear so easily, once it's gone, what will the electronic money market do? All the rumors are bullshit and negative.
legendary
Activity: 3472
Merit: 10611
August 14, 2018, 09:41:30 PM
#13
if i have a business and you come destroy it and start making it obsolete then i would start making my business better to be able to compete with you but that is just me. others like PayPal know their business is old and should die soon and they can not improve it any more and it will always remain centralized so they try to postpone their death by attacking bitcoin and delaying its adoption.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
August 14, 2018, 09:33:01 PM
#12
What does he mean by Bitcoin lot closer to zero?  Grin Grin
Does he even understand how it operates?
Next he compares Bitcoin as a company and related it with Revenue  Grin and profitability  Grin

I am sure he does not have any idea about Blockchain tech and crypto. Please ignore his statement and please stop asking such question

Furthermore you are picking up Bitcoin news from CNBC  Grin Grin

CNBC are the biggest FUDDER
jr. member
Activity: 69
Merit: 2
August 14, 2018, 09:23:55 PM
#11
Bitcoin will never go to zero because it is a hedge against falling currencies, inefficient economies and increasingly systemic inequality.
member
Activity: 322
Merit: 20
August 14, 2018, 09:16:11 PM
#10
I believe that bitcoin os not useless but in fact it is useful. I t can really help us a lot in terms of getting an extra income on some of their ways. I believe that the bitcoin will soon rise and we don't have to think that is is useless because we earn on btc from the start until today.
legendary
Activity: 2296
Merit: 1014
August 14, 2018, 09:15:14 PM
#9
no value in bitcoin and "Bitcoin makes no revenue, no profitability."

If global currency, without central authority isn't value, as store of value he is just delusional and don't know anything behind bitcoin technology
bitcoin isn't company to be talked about with words "revenue" or "profitability"
newbie
Activity: 149
Merit: 0
August 14, 2018, 09:10:47 PM
#8
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

When the red market only makes investors want to buy more Bitcoin. I think the buying power will be strong in the near future, the bad news is over and they can no longer affect the Bitcoin price.
newbie
Activity: 140
Merit: 0
August 14, 2018, 09:05:36 PM
#7
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


All predictions fails when it comes to Bitcoin except the one that it always rises back.

This is all just bullshit. People who aren't investing and earning from crypto will always find faults in it.
member
Activity: 266
Merit: 32
August 14, 2018, 09:02:02 PM
#6
2nd richest man Warren Buffet said "Bitcoin is rat poison"

expedia.com removed bitcoin as payment option. So Bitcoin has failed as a mode of payment.
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