Bitcoin the good the bad and the future

Lauda

legendary

Activity: 2674

Merit: 2970

Terminated.

Quote from: Raeg on March 11, 2015, 09:03:06 AM

Looks great... except that Amazon and Paypal do not accept bitcoin. One if PayPal's owned businesses does I think but definitely not Paypal the payment processor, though hopefully this will change in the very near future.

Yeah I was just about to point that one out. I guess there are some mistakes in the info graphic, although it is nice.

Quote from: Denker on March 11, 2015, 09:07:34 AM

Bitcoin is not really anonymous. There are and will be ways where you can be tracked.
Furthermore the volatility will decrease with more and more adoption in the future. So then Bitcoin will be useful as for companies as for consumers without having the need to convert back into Fiat.
And yes Bitcoin can be stolen. It can be stolen as any other currency out there.So what...

Obviously it is not anonymous if I say: Hello, I'm Lauda M. and my Bitcoin address is *insert random address*.
It can definitely be anonymous if one uses it corectly.

Possum577

sr. member

Activity: 434

Merit: 250

Loose lips sink sigs!

Forgive me for being naive here, but who is Chris Dixon and why does his price prediction have weight? Or why should it have weight?

I'm not being a smartass, what expertise does Chris have that leads us to believe that his $100,000 per coin estimate is realistic?

It's a great flyer!

AtheistAKASaneBrain

hero member

Activity: 770

Merit: 509

All these bads arent really bad, it's relative and the price fluctuation will stop once it goes worldwide. 100K per coin? Who knows, it could be since no one even imagined Bitcoin could reach 1 dollar, let alone 1000, back in 2009.

vrm86

hero member

Activity: 676

Merit: 500

"The bad" describes some issues that conventional money also is vulnerable to:

-it can be stolen,
-cash transactions are often more anonymous (however cash has limited usability)
-money creation and financial regulations are far more complicated than cryptographic currencies mechanisms IMHO, also you don't have to fully understand that things to be able to use cryptos or fiat.

Good job anyway

tadakaluri

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Activity: 616

Merit: 500

Basic information on BTC for Newbies. But great visual presentation.

Amph

legendary

Activity: 3248

Merit: 1070

the future of bitcoin, should be to remove the bad out of it, nonetheless i like that front, it represents bitcoin well

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Great infographic! Pretty simple and straightforward too. Just shared this photo to my friends and families and I'm waiting for their responses.

Cool stuff, thanks for sharing. The future holds the answer to all those questions that we have in mind.

NUFCrichard

legendary

Activity: 1218

Merit: 1003

This advert seems a little disingenuous to me. The price was $13 at the start of 2013 and $800 at the start of 2014, what was it at the start of 2015? That part is left out!
Also the prediction of the price part is the same, some predict $10,000, others predict $0,00.

I like the idea of having an info poster, but if it is too one sided, then people will ignore it.

virtapayseller666

sr. member

Activity: 294

Merit: 250

http://www.entrepreneur.com/article/230354

this is the same article that i found on internet
bitcoin price will rise major company will accept bitcoin in future

mishax1

legendary

Activity: 2898

Merit: 1017

Just watched this today - The Lie We Live (check for local subtitles).

Free yourself, buy Bitcoin.

ikydesu

hero member

Activity: 686

Merit: 500

fb.com/Bitky.shop | Bitcoin Merch!Premium Quality!

I like the visual, very nice, save on my device <3
actually the bad things of bitcoin is became from who use it, they use it with bad things and for they-self, too greedy Roll Eyes

well i think bitcoin is the future which can solve transaction problem.
let see what chris said, i hope he's right

~iki

TheGame

member

Activity: 66

Merit: 10

You just lost

Quote from: Denker on March 11, 2015, 09:07:34 AM

Bitcoin is not really anonymous. There are and will be ways where you can be tracked.
Furthermore the volatility will decrease with more and more adoption in the future. So then Bitcoin will be useful as for companies as for consumers without having the need to convert back into Fiat.
And yes Bitcoin can be stolen. It can be stolen as any other currency out there.So what...

It's pseudo anonymous. Anyone can create an account free of their identity or personal details. You can't do that with a bank account so it is anonymous in that respect. but the transactions are all logged obviously but it's hard / near impossible to identify someone from that alone.

zee11224

sr. member

Activity: 282

Merit: 250

Authentic Individual

Quote from: Denker on March 11, 2015, 09:07:34 AM

Bitcoin is not really anonymous. There are and will be ways where you can be tracked.
Furthermore the volatility will decrease with more and more adoption in the future. So then Bitcoin will be useful as for companies as for consumers without having the need to convert back into Fiat.
And yes Bitcoin can be stolen. It can be stolen as any other currency out there.So what...

10-corporations-control-almost-everything-you-buy Which Accept Bitcoins Soon

Denker

legendary

Activity: 1442

Merit: 1016

Bitcoin is not really anonymous. There are and will be ways where you can be tracked.
Furthermore the volatility will decrease with more and more adoption in the future. So then Bitcoin will be useful as for companies as for consumers without having the need to convert back into Fiat.
And yes Bitcoin can be stolen. It can be stolen as any other currency out there.So what...

zee11224

sr. member

Activity: 282

Merit: 250

Authentic Individual

Quote from: Q7 on March 11, 2015, 08:56:30 AM

Just because it can be stolen doesn't mean it's bad. Even the best and most ideal currency can be stolen. And on the anonymous part, it's supposed to be good. Not because of the reason that it is related to criminal activities, but because us as a user has the right not give away your personal information so easily on the internet. If you use credit you will know what I mean.

Bitcoin Community Goes DEFCON-1 Over Nakamoto Reveal

Raeg

member

Activity: 66

Merit: 10

Looks great... except that Amazon and Paypal do not accept bitcoin. One if PayPal's owned businesses does I think but definitely not Paypal the payment processor, though hopefully this will change in the very near future.

Q7

sr. member

Activity: 448

Merit: 250

Just because it can be stolen doesn't mean it's bad. Even the best and most ideal currency can be stolen. And on the anonymous part, it's supposed to be good. Not because of the reason that it is related to criminal activities, but because us as a user has the right not give away your personal information so easily on the internet. If you use credit you will know what I mean.

gkv9

legendary

Activity: 1246

Merit: 1000

!!! RiSe aBovE ThE StoRm !!!

Whether good or bad, the only thing that matters is, its acceptance worldwide and let the whole world decide the answer for that question...

Anyways, I think everyone should check out this site:
http://1infographics.blogspot.in/

Found some very good information with cool graphics giving better knowledge and understanding of BTC...

Bralex

sr. member

Activity: 308

Merit: 250

Nice visual pretty basic but you are helping new people understand a little more which is good.
I have a few questions being that Bitcoin is for everyone do you believe that it is bad that criminals use it? Criminals will use any currency the most popular being the USD.

There is more than 11 million in circulation we could not have lost close to 3million already Huh

Great so this is the guy Chris Dixon for the multiple threads that bitcoin is going to intergalactic space i mean i believe in Bitcoin but 100,000.

Also an emerging technology does not make it bad and if you protect your coin with a half decent amount security you should not lose a single satoshi.

zee11224

sr. member

Activity: 282

Merit: 250

Authentic Individual

Accept <3

Topic: Bitcoin the good the bad and the future (Read 1495 times)