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Topic: BITCOIN is useless!? - page 4. (Read 3828 times)

newbie
Activity: 261
Merit: 0
August 27, 2018, 10:49:18 AM
I think what you mentioned is nothing more than a negative thought. And I still believe that bitcoin still has hope to grow bigger in the future.
newbie
Activity: 60
Merit: 0
August 27, 2018, 09:45:33 AM
Bitcoin seems like useless in the financial world because Bitcoin has failed as a currency at the moment which is not Bitcoins fault by the way and it is the fault of investors and holders because the only thing they did when Bitcoin arrived was purchasing and selling when the price was increased than the purchased price but no one though to do something else with that to promote and use in there businesses so it became useless but no one can say it will be the same in future   
full member
Activity: 392
Merit: 100
August 25, 2018, 02:07:15 PM
I think you are desperate if you say something like that? If bitcoin is useless then bitcoin will not survive until now. many people are disappointed with bitcoin because the brand wants to get a short profit, I don't think it's easy to get it, have to work hard and don't give up easily.
legendary
Activity: 1974
Merit: 2124
August 25, 2018, 10:51:41 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

Who cares about the words of the person, not just him, some rich people of the world even respond to bitcoin negatively.

but everything goes back to reality, until now bitcoin still persists. and one more, no one can read the future. that is the secret of God.

People today are investing on cryptocurrency because they believe that it has a bright future, the stock market is working based on supply and demand same in the crypto market and other exchangers which gives different people profit depending on the situation, that's the reason why bitcoins is popular.
Yeah, only those who are unaware of the bitcoin's true potential can claim bitcoin to be useless. But today the cryptocurrency is getting more significant with the increasing demand as it had proven itself by providing great profit to its users. So there's no point in considering it to be worthless...
hero member
Activity: 1834
Merit: 523
August 25, 2018, 10:43:20 AM
Bitcoin is worth it and that's not useless. Because they have many people changed their life when they use bitcoin. Even today because of the bitcoin now are dumping the value that is worth it to buy to earn more money if we see pumping again.
newbie
Activity: 100
Merit: 0
August 25, 2018, 10:07:07 AM
Yes Bitcoin price is decreasing Due to some but considerable negative effects happened in last period such as , Government restrictions against Bitcoin, Banning, Criminal activities using Bitcoin, Panic token holders and other false rumors that made ridicules accusations against Bitcoin but no one can say exactly like above that Bitcoin will end 
newbie
Activity: 72
Merit: 0
August 25, 2018, 07:26:36 AM
Some of are actually true and if you see closely People who possessed Bitcoin are leaving Bitcoin thinking Bitcoin will drop further and loose there money and that is happening not just for Bitcoin but for other currencies too and I think that is the main reason for the huge drop nothing else 
newbie
Activity: 57
Merit: 0
August 25, 2018, 03:23:47 AM
Most business individuals, banks and governments leaders are trying to popular things like above because they know if Bitcoin continues in the future it will led to a financial crisis in the world by destroying the current banking system. To avoid that countries like United states of america made huge impact on bitcoin and even went further to limit the user's in bitcoin locally so Bitcoin crashed   
full member
Activity: 378
Merit: 100
ADAB ADAB ADAB ADAB
August 25, 2018, 02:32:00 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

Who cares about the words of the person, not just him, some rich people of the world even respond to bitcoin negatively.

but everything goes back to reality, until now bitcoin still persists. and one more, no one can read the future. that is the secret of God.

People today are investing on cryptocurrency because they believe that it has a bright future, the stock market is working based on supply and demand same in the crypto market and other exchangers which gives different people profit depending on the situation, that's the reason why bitcoins is popular.
newbie
Activity: 84
Merit: 0
August 24, 2018, 01:26:51 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

Who cares about the words of the person, not just him, some rich people of the world even respond to bitcoin negatively.

but everything goes back to reality, until now bitcoin still persists. and one more, no one can read the future. that is the secret of God.
full member
Activity: 420
Merit: 110
August 24, 2018, 12:53:38 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


He is entitled to his opinion, just like the people who are sure BTC will be 100k, both are extreme opinions. Some people think of bitcoin as useless because there are not many places where you can actually spend it, and it would be great if you could (BTC or some other alt) ... would give crypto a more solid purpose/value (especially for those who don't understand the benefits of blockchain technology).
jr. member
Activity: 84
Merit: 1
August 24, 2018, 10:40:45 AM
We cant just ignore those words because we should admit the fact that Bitcoin has faille as a currency in the first place and it has become just a investment asset in the world for people to make profits by buying and holding until the price increase due to demand so it is becoming useless in the business world and many are understanding that and that is why people are leaving. I hope this will change in the future for the betterment of Bitcoin
full member
Activity: 364
Merit: 100
August 23, 2018, 11:17:24 AM
it looks like bitcoin is still very useful because with bitcoin I can buy whatever I want and with bitcoin I can benefit from bitcoin price movements.
copper member
Activity: 45
Merit: 0
August 23, 2018, 09:41:46 AM
The whole framing of the topic is pretty silly. A simple Google search using "bitcoin use cases" brings up tons of information and examples how bitcoin is used and what are the benefits from using it...

You're absolutely right.
member
Activity: 290
Merit: 28
bitcoin is not a bubble, it is the pin
August 23, 2018, 07:08:26 AM
The whole framing of the topic is pretty silly. A simple Google search using "bitcoin use cases" brings up tons of information and examples how bitcoin is used and what are the benefits from using it...
full member
Activity: 644
Merit: 100
August 22, 2018, 07:47:42 AM
meh, I don't think so. Just because he says that doesn't mean it will go that way. Bitcoin will always have a price if there someone wants to buy and own it. Even if the price of BTC down to almost zero it will go back up again, but yeah its just based on my own opinion I'm not an expert about this though.

It seems to that you are right about that. I do not think that bitcoin is useless because for me bitcoin is worth it. When you started to earn cryptocurrency you will not even wasting your time to work for it. Some people are thinking to focus and stopped their personal work because of it. For sure the one who will call bitcoin useless has no knowledge about that, and it seems that they are people who are against to it.
newbie
Activity: 37
Merit: 0
August 22, 2018, 03:36:04 AM
If there is one coin that is built on strong basics it is bitcoin. All others are copycats.
newbie
Activity: 27
Merit: 0
August 22, 2018, 03:34:09 AM
Crypto has been affected by a number of things like price manipulation. Still bitcoin is worth investing.
newbie
Activity: 47
Merit: 0
August 22, 2018, 03:23:36 AM
There are many pump and dump scheme and you should stay away from them. But btcoin is genuine.
newbie
Activity: 46
Merit: 0
August 22, 2018, 03:00:29 AM
Bitcoin is the next most important innovation after internet. It is still unfolding for many.
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