Topic: BLOCKCHAIN TECNO WILL SURVIVE, bitcoin not (Read 834 times)
dont think so, at least not in the near future. bitcoin has been declared dead so many times in the past, but it always come back stronger. there is a time for every tech to be obsolete though.
up.
Consider that I was right. I AM right.
bitcoin is simply the past.
There are so many beutiful projects on the blockchain experience: Stratis, waves, they'll be monsters in their field
Never buy a bubble at 7'000$
So, lesson learned?
Many of you have lost so much money with bit (shit)-coin investing at the top.
But what did your brain tell to you? Investing into an useless coin at 7'000$ ? Why?
''The king of cripto''...lol.
An useless coin, a ''simbol'', of the past
Invest into blokchain projects, instead
Consider that I was right. I AM right.
bitcoin is simply the past.
There are so many beutiful projects on the blockchain experience: Stratis, waves, they'll be monsters in their field
Never buy a bubble at 7'000$
So, lesson learned?
Many of you have lost so much money with bit (shit)-coin investing at the top.
But what did your brain tell to you? Investing into an useless coin at 7'000$ ? Why?
''The king of cripto''...lol.
An useless coin, a ''simbol'', of the past
Invest into blokchain projects, instead
Bitcoin is not dead, nor is sh*tcoin. BTC has great recognition and it's raise just begun. It will remain KING for a while, but let's say in 2 years time I see BTC being passed by better projects (in terms of market dominance / control etc.).
up.
Consider that I was right. I AM right.
bitcoin is simply the past.
There are so many beutiful projects on the blockchain experience: Stratis, waves, they'll be monsters in their field
Never buy a bubble at 7'000$
So, lesson learned?
Many of you have lost so much money with bit (shit)-coin investing at the top.
But what did your brain tell to you? Investing into an useless coin at 7'000$ ? Why?
''The king of cripto''...lol.
An useless coin, a ''simbol'', of the past
Invest into blokchain projects, instead
Consider that I was right. I AM right.
bitcoin is simply the past.
There are so many beutiful projects on the blockchain experience: Stratis, waves, they'll be monsters in their field
Never buy a bubble at 7'000$
So, lesson learned?
Many of you have lost so much money with bit (shit)-coin investing at the top.
But what did your brain tell to you? Investing into an useless coin at 7'000$ ? Why?
''The king of cripto''...lol.
An useless coin, a ''simbol'', of the past
Invest into blokchain projects, instead
Guys can I explain my considerations?
I see some of you saying: ''invest into bitcoin for the next 10 years, invest your pension funds...''
This for me is ridicolous, a pension fund all in bitcoin.
Let me clarify THIS: THE COMPANIES HAVE ALREADY KNOWN that the blockchain tecno is somenthing REALLY PROMISUING and good for their profits and they ARE WORKING TO CREATE THEIR OWN BLOCKCHAINS (SIDE-CHAINS)
Because they don't want to depend on the Bitcoin blockchain that is full of bugs, with scaling problems and that you must wait 30 minuts for a block to be verified.
So let me clarify this: Bitcoin is a simbolic progress of internet, but will die for sure. You don't have to see the price now, it can go even to 1 million, but it's extremly risky to invest in a such bubble.
Bitcoin will remain as a ''simbolic progress of internet'' and will stabilize itself at the price of 1000$ in the next years (then I predict it will disappear)
Because copanies are working on their own side-chains. IN the future you won't need bitcoin to buy ALTS (look at waves dex)
So I think, it's wiser to stop promoting a bubble. Please.
Mark this post, the time will get me right. maybe the bubble can go even to 50k in the next 3-4 years, then it will die. And it will crash so heavly that the last investitors will be ruined from bitcoin if they will be stupid enough to invest in bitcoin at 30'000 or things like that
The future IS IN THE PROJECTS WITH THEIR OWN SIDE-CHAINS THAT CAN WORK ALONG SIDE WITH BIG COMPANIES AND DO NOT RELATE TO THE BITCOIN CORE blockchain (Hello, stratis, hello waves, hello ethereum)
I see some of you saying: ''invest into bitcoin for the next 10 years, invest your pension funds...''
This for me is ridicolous, a pension fund all in bitcoin.
Let me clarify THIS: THE COMPANIES HAVE ALREADY KNOWN that the blockchain tecno is somenthing REALLY PROMISUING and good for their profits and they ARE WORKING TO CREATE THEIR OWN BLOCKCHAINS (SIDE-CHAINS)
Because they don't want to depend on the Bitcoin blockchain that is full of bugs, with scaling problems and that you must wait 30 minuts for a block to be verified.
So let me clarify this: Bitcoin is a simbolic progress of internet, but will die for sure. You don't have to see the price now, it can go even to 1 million, but it's extremly risky to invest in a such bubble.
Bitcoin will remain as a ''simbolic progress of internet'' and will stabilize itself at the price of 1000$ in the next years (then I predict it will disappear)
Because copanies are working on their own side-chains. IN the future you won't need bitcoin to buy ALTS (look at waves dex)
So I think, it's wiser to stop promoting a bubble. Please.
Mark this post, the time will get me right. maybe the bubble can go even to 50k in the next 3-4 years, then it will die. And it will crash so heavly that the last investitors will be ruined from bitcoin if they will be stupid enough to invest in bitcoin at 30'000 or things like that
The future IS IN THE PROJECTS WITH THEIR OWN SIDE-CHAINS THAT CAN WORK ALONG SIDE WITH BIG COMPANIES AND DO NOT RELATE TO THE BITCOIN CORE blockchain (Hello, stratis, hello waves, hello ethereum)
Sometimes you need to use a common sense in order to view the real picture behind! Don't you think that a very progressive country like Japan will fund a very huge amount of Bitcoin if it was really full of bugs nor it won't last long?
full member
Activity: 252
Merit: 104
Decentralized Ecosystem for User-Generated Content
Try the other way around....only kidding. But seriously bitcoin is much more important than blockchain technology. Dont forget without bitcoin behind around blockchain wouldnt even be on the map dudes 
Well I hope you are wrong, but I can understand where you are coming from. Hopefully banks don't create their own cryptos one day, it would hurt Bitcoin in the long term.
In the end, it is the people who can make the difference. I personally trust Bitcoin and hope more and more do too.
Like you said, I don't think we should worry too much in the next 3 or 4 years. No one can make predictions after that. My personal opinion is that Bitcoin's golden age will be in 2020.
In the end, it is the people who can make the difference. I personally trust Bitcoin and hope more and more do too.
Like you said, I don't think we should worry too much in the next 3 or 4 years. No one can make predictions after that. My personal opinion is that Bitcoin's golden age will be in 2020.
Wishful thinking my friend, the banks already have developed their own blockchains and are good to go, expect them rolled out in different guises. Will it be bad for bitcoin? We will find out in due time.
Most countries are already looking into that. The thing at the end is that bitcoin remains a decentralized currency and any cryptocurrency from the bank will end up a centralized coin, so the choice is then dependent on users and which they want to adopt.
Guys can I explain my considerations?
I see some of you saying: ''invest into bitcoin for the next 10 years, invest your pension funds...''
This for me is ridicolous, a pension fund all in bitcoin.
Let me clarify THIS: THE COMPANIES HAVE ALREADY KNOWN that the blockchain tecno is somenthing REALLY PROMISUING and good for their profits and they ARE WORKING TO CREATE THEIR OWN BLOCKCHAINS (SIDE-CHAINS)
Because they don't want to depend on the Bitcoin blockchain that is full of bugs, with scaling problems and that you must wait 30 minuts for a block to be verified.
So let me clarify this: Bitcoin is a simbolic progress of internet, but will die for sure. You don't have to see the price now, it can go even to 1 million, but it's extremly risky to invest in a such bubble.
Bitcoin will remain as a ''simbolic progress of internet'' and will stabilize itself at the price of 1000$ in the next years (then I predict it will disappear)
Because copanies are working on their own side-chains. IN the future you won't need bitcoin to buy ALTS (look at waves dex)
So I think, it's wiser to stop promoting a bubble. Please.
Mark this post, the time will get me right. maybe the bubble can go even to 50k in the next 3-4 years, then it will die. And it will crash so heavly that the last investitors will be ruined from bitcoin if they will be stupid enough to invest in bitcoin at 30'000 or things like that
The future IS IN THE PROJECTS WITH THEIR OWN SIDE-CHAINS THAT CAN WORK ALONG SIDE WITH BIG COMPANIES AND DO NOT RELATE TO THE BITCOIN CORE blockchain (Hello, stratis, hello waves, hello ethereum)
I see some of you saying: ''invest into bitcoin for the next 10 years, invest your pension funds...''
This for me is ridicolous, a pension fund all in bitcoin.
Let me clarify THIS: THE COMPANIES HAVE ALREADY KNOWN that the blockchain tecno is somenthing REALLY PROMISUING and good for their profits and they ARE WORKING TO CREATE THEIR OWN BLOCKCHAINS (SIDE-CHAINS)
Because they don't want to depend on the Bitcoin blockchain that is full of bugs, with scaling problems and that you must wait 30 minuts for a block to be verified.
So let me clarify this: Bitcoin is a simbolic progress of internet, but will die for sure. You don't have to see the price now, it can go even to 1 million, but it's extremly risky to invest in a such bubble.
Bitcoin will remain as a ''simbolic progress of internet'' and will stabilize itself at the price of 1000$ in the next years (then I predict it will disappear)
Because copanies are working on their own side-chains. IN the future you won't need bitcoin to buy ALTS (look at waves dex)
So I think, it's wiser to stop promoting a bubble. Please.
Mark this post, the time will get me right. maybe the bubble can go even to 50k in the next 3-4 years, then it will die. And it will crash so heavly that the last investitors will be ruined from bitcoin if they will be stupid enough to invest in bitcoin at 30'000 or things like that
The future IS IN THE PROJECTS WITH THEIR OWN SIDE-CHAINS THAT CAN WORK ALONG SIDE WITH BIG COMPANIES AND DO NOT RELATE TO THE BITCOIN CORE blockchain (Hello, stratis, hello waves, hello ethereum)
I think this guy is absolutely right. There are so much better projects that offer a real product with a real value.
Still, BTC will be profitable for a while since 80% of the marketcap is caused by media - and which coins are hyped.
OP you forgot to say "hello activity" please at least for once some body mentions my activity tokens, full stop lol. start, what you are doing is shilling for side-chains platforms like Hello and Waves, Hello and Ξ. if you think the world and all the people in it will stop jumping girls every weekend and will stop thinking about jumping girls every weekends then they will definitely stop using a decentralized currency.
Bitcoin is the leading currency because of the network effect of people using it. It has been around for the longest and it has the most people who know about it and use it by far - very difficult to take this advantage away from it. For BTC to crash, the majority of people need to lose faith in the currencies ability to function as a store of value - so many some kind of large scale hack could shake people's faith and cause a price plummet but it is very difficult to see BTC being displaced.
Offcourse many companies are developing the blockchain tech but the thing they cannot create another Bitcoin like this which has already proved in the market. Everyone is developing their Blockchain for their companies growth at the same time Bitcoin value is also increasing with the growth of Blockchain developing.
Bitcoin is the first crypto and if the company will have tried to create the coin just like bitcoin, it will be lost on the hype. Bitcoin already reached a very high hype from a lot of people around the world.
Bro...just invest with your own risk and always diversify your investment. Dont put all your egg in one basket thats it. And always invest for long term
I disagree with OP on this matter. Blockchain is a great technology but people get interested in this technology via getting acquainted with btc. For them btc and linux are the one, they don't think about other coins and projects on this tech. Thus, regardless to how innovative and awesome other coins might be, as long as bitcoin will exist it will be #1 and it is probably going to be throughout the whole history of blockchain popularity. Bitcoin is still worth more than all of the coins together and there are many people not caring about other coins at all.
You are note wrong, it's an extra big bubble but make money while you can and put stops !
I guess only time will let us know if you end up true or not. If you want to decide to see bitcoin as a bubble, then that is the way you absolutely want to see it and no one would criticize you for your opinion.
We all really do not know the future and most definitely blockchain technology is the future, but whether bitcoin will still remain in the show at the end or not, only time can really tell us that but as far as I am concerned, it is totally worth the risk knowing it is going to be here for a long time, before we start seeing much more development on other cryptocurrencies.
We all really do not know the future and most definitely blockchain technology is the future, but whether bitcoin will still remain in the show at the end or not, only time can really tell us that but as far as I am concerned, it is totally worth the risk knowing it is going to be here for a long time, before we start seeing much more development on other cryptocurrencies.
Offcourse many companies are developing the blockchain tech but the thing they cannot create another Bitcoin like this which has already proved in the market. Everyone is developing their Blockchain for their companies growth at the same time Bitcoin value is also increasing with the growth of Blockchain developing.
All I can say is, only time will tell indeed. We don't know and no one really knows when bitcoin will die like what OP is explaining. I got you, you are just worrying to the people might get loss. Well it is part of the investment. For me, I am just enjoying what I have now and what technology I'm in, I have my own decisions how I manage my money.
I don't think it's likely to be ruled illegal by all governments. Estonia and Catalonia are already looking into creating their own digital currency.
Oh my god IMAGINE IF THE GOVERNAMENTS REGULATE IT (not declaring it illegal)
For god, you guys don't know the rule of risk/reward
Let's suppose I have 10k to invest and I invest them in Bitcoin hoping for a x10 in the next 10 years
OK.
Let's immagine it makes a x4 and then suddenly regulated and the price came back to 300$ (IT CAN HAPPEN, IT'S ONLY A BUBBLE, IT CAN HAPPEN)
I would have lose 10k in a ''puff''
CAN YOU UNDERSTAND THIS OR I AM TOO SMART TO UNDERSTAND THIS SIMPLE RISK/REWARD RULE ? ?
Ok.
Let's make another example now
Let's suppose I have 1k and I put it all in some proisuing altcoin
Let's suppose by the hype or thanks to the final product I can make a x10 in the next year. I will have 10k
If not I will lose only 1 k
RISK/REWARD
DO YOU UNDERSTAND THIS? OR IS IT TOO DIFFICULT?
SO IN BITCOIN I WOULD PUT ONLY 300$ AS HEDGE.
PErsonally I think bitcoin will survive and prosper and the value will continue to increase over the years.
However it does make sense to never go 'all in' on one thing, so even if bitcoin rises steadily it is prudent to not bet everything on this one coin or on cryptocoins generally. We make educated guesses about cryptocoins but it is still effectively gambling.
We had this discussion many times before, the biggest risk for Bitcoin is that all world wide governments rule it to make it officially illegal.However it does make sense to never go 'all in' on one thing, so even if bitcoin rises steadily it is prudent to not bet everything on this one coin or on cryptocoins generally. We make educated guesses about cryptocoins but it is still effectively gambling.
Is it a possible scenario? Yes I think it is. But still long odds for now.
If such a scenario comes true, Bitcoin will not disappear but will remain underground and the value will obviously drop massively.
I don't think it's likely to be ruled illegal by all governments. Estonia and Catalonia are already looking into creating their own digital currency.
Blockchain technology is a topic that all countries are interested in. But BTC does not look very positive. States are only in pursuit of technology.
At least some people in wallstreet were saying about the bitcoin can be considered as another good investment rather than gold or even fiat money. With the limit supply and that makes sense to see to the bitcoi become an investment.
Bitcoin is a deflationary currency, it is great at a time when governments are printing money as paper advertising
Jump to: