Topic: BItcoin needs to die - page 10. (Read 6692 times)

That is not true. It started with pizza and now you can buy elctronic gadgets, steam/video games, book tickets, restuarants, aviation/travel and then there are many more things you can buy using bitcoins, but most importantly you can use websites like eGifter or Gyft  to buy gift cards which you can redeem at Amazon, BestBuy, and hundreds of other popular retailers (gorcery shopping included). Yeah, if you want to buy groceries from your neighborhood store then it might not be possible at this time, but it would be once local merchants start realizing the full potential of bitcoin. The so called shit has evolved a lot in the last 9 years.

One of the characteristics of bitcoin is its volatility which is one of its biggest problems also, this uncenrtainly over price is why some people avoid it.

Bitcoin volatility will match major fiat currencies by 2019. This is from October 28, 2016. Comparing with today, there will be difference in stats, but not much.

http://woobull.com/bitcoin-volatility-will-match-major-fiat-currencies-by-2019/




Bitcoin Volatility Index

https://www.buybitcoinworldwide.com/volatility-index/

Last 60-day estimate - 5.32%
Last 30-day estimate - 4.11%


So it is safe to say that bitcoin would become less volatile in the coming years.

Right now the fee is an issue for small transactions. The scaling/fee issue would probably get resolved in the next couple of months.

Hope it would not take another 9 years for you understand the point of bitcoin.

Hehe gotta admit thats a good one

If you still don't understand that the top priority of bitcoin is digital gold and not Paypal with a token, you should sell your coins and use fiat which already does what you want since you don't seem to care about anything else.

Or maybe pick Ripple if you like tokens.

9 years?? It's happening right now. Hence why there is a "civil war" between Core scammers and clueless twerps vs increase the damn blocksize limit and let Bitcoin be as intended.

Hence why Bitcoin isn't going anywhere.

Well this sh*t has changed millions of lives and will continue to change billions in the future, there are hundreds of altcoins depending on this sh*t and without it none of them could sustain only with altcoin/USD/fiat pair, you can pay for porn with this sh*t, you can pay online for many things and not many other things, if I go to market in my country trying to pay with US dollar no one will accept them on the spot, so I'll have to exchange them to local currency first and then go shopping, that is a good thing to do with bitcoin you know?
When I can easily convert this sh*t to local currency even more conveniently than I could with USD then this is the sh*t that really worth touching.
Did your butt hurt recently paying $2 as a fee and that's why you talk sh*t here? well sh*t happens but you don't go sh*t all over the internet
I think there are too much sh*t here I'm starting to get sick

If bitcoin is useless to you. Then you can send all your bitcoins to me.  If your not satisfied on what bitcoin can do, im just here waiting for your bitcoins. And besides you will not wait forever for a transaction to be sent,its only congested thats why its taking too long to confirmed

Things will change. The scaling debate cannot go on for ever.
Just grin and bear it until then. Bitcoin will shoot through the roof once this is resolved.

This seems that you don't have any idea that how to use bitcoins, for what it is for. People used it to earn, through their earning they are able to purchase groceries and run their business, indirectly it is bitcoin which is used to buy groceries and to run business. Now Bitcoin got legalized in few countries and soon it will be legalized in every country of the world as legal payment method, soon it can be use directly for different purposes.

You need to get some FIAT bruh

Where I live, 12 years ago, you could get a pretty decent house for $350,000.  That same house now costs $1.1M.  Mean income has barely moved during that time.  So purchasing power got killed.

So every currency will have its issues.  Fiat can't hold it's value, and bitcoin doesn't have worldwide adoption yet.  No one is forcing you to hold bitcoin so get rid of it.

This is the one thing I don't get with people sometimes, like I get it the Bitcoin network is having some issues at the moment and such but I don't think that's going to lead to the death of an industry that still has BILLIONS of dollars in it. We're all not just going to go poof one day and that'll be it, theres a ton of money IN KEEPING this currency going, if it was to shut down / lose all its value a lot of people would be out of a lot of money.

Once all the network issues are fixed with Segwit / other solutions we're going to see Bitcoin thriving and being used on a daily basis / used more as the fee isn't as high as it was.

Well you cannot say that for sure. Bitcoin is likely to achieve mainstream media attention soon, especially with Japan acceptance of Bitcoin. Bitcoin will become more widespread and I am positive that in the future groceries would be able to be bought with BTC.

Bitcoin don't need to die and bitcoin is not a shit. It is depend on you on how you handle your bitcoin.
For me bitcoin is an investment and extra income and already many people have bitcoin in there wallet and some have become rich because of the bitcoin.

There is a whole lot of other things you can do with bitcoin than buying groceries besides who says you can't buy that shit

You have been told that network is congested and only way to get ahead of the queue is pay higher fees simple and keep enjoying bitcoin

BUY it and forget about it for 10 years you won't have those heart aches

What initiative you have taken to make things work in a perfect manner. Whether you made any buying or selling with bitcoin, only then you could have known is it possible to buy groceries and other essential. What you're trying to indicate is the confirmation delay. No worries it will serve good, but guys like you who are into negativity should know the goodness of bitcoin.

That's why there is altcoins.. If you dont want to use bitcoin as digital money use other coins..

Bitcoin is not meant to buy groceries and for your daily usage,if you think bitcoin is the only high volatile coin,check the rest of the crypto coins ,i think you are not meant to be in the crypto universe as all of the coins are really volatile ,there is no point in using bitcoin if you think you do not have a role in using it,no one is forcing you,you can move on to other things.

If after 9 years you still don't know what bitcoins are for, you're doing it wrong. Enough said.

What's the point of staying on this forum if you have that negative mindset?

Ofcourse you cant buy much yet. Bitcoin and cryptocurrencies in general are still very young. If you don't trust the system and blockchain tech then just leave and go stick with your banks.

Why are you here then?

If you dont trust the system then whats the point on being in this discussion forum.

Bitcoin is a decentralized network which provides the user with censorship-proof value transfer and seize-proof store of value.

It doesn't have to do a good job at those things you've mentioned because it has unique use cases which are quite valuable to anyone interested in monetary freedom.

Just because you'd rather have an easy time buying groceries than freeing yourself from the onerous capital controls implemented by governments worldwide doesn't mean that Bitcoin is useless.

Use the proper tool for the job and you will have a better outcome. Bitcoin, due to it's very design, can not be the proper tool for every job involving money, however it can do a few better than anything else on the planet.