Topic: CNNMoney - Where did bitcoin go wrong? - page 2. (Read 5878 times)
Did I hear 2k per bitcoin.. That would be lovely lol
Seems like CNNMoney supports the dollar.
Bitcoin worth 328 dollars. lol
Yes Bitcoin so went wrong
Bitcoin worth 328 dollars. lol
Yes Bitcoin so went wrong
Down from 1200 and falling.
Seems like CNNMoney supports the dollar.
Bitcoin worth 328 dollars. lol
Yes Bitcoin so went wrong
Bitcoin worth 328 dollars. lol
Yes Bitcoin so went wrong
He is right... old man gets it, retards here dont
"it is not going to take over the world"
"There is no there there"
"more people in kuwait frequent fliers club"
Greedy tech kids.
"it is not going to take over the world"
"There is no there there"
"more people in kuwait frequent fliers club"
Greedy tech kids.
I'd have to go with this, lol.
To get something to make it's mark. it needs to be criticized with lot of evaluation. That it will evolve certainly take it's rightful place.
This reminds me big things are on the horizon for Bitcoin. If nobody was saying anything about Bitcoin or everyone was in agreement about its potential that's when I'd be worried.
1994: "Today": "What is the Internet, Anyway?"
1994: "Today": "What is the Internet, Anyway?"
The instant that dude said Bitcoin is "pretend money" and we're all "delusional lunatics", my brain started phasing his words out.
If I could actually transact with "pretend money", doesn't that make it real? Am I delusional if that product I buy or the good or services I sell with Bitcoin, actually go through.
Guess he has to sell books somehow...
If I could actually transact with "pretend money", doesn't that make it real? Am I delusional if that product I buy or the good or services I sell with Bitcoin, actually go through.
Guess he has to sell books somehow...
This and also him saying virtual currency. he kinda shows a lack of depth of overall thinking in life the way he talks. still though, he brought up some points just not entirely valid as i stated a few posts up.
The instant that dude said Bitcoin is "pretend money" and we're all "delusional lunatics", my brain started phasing his words out.
If I could actually transact with "pretend money", doesn't that make it real? Am I delusional if that product I buy or the good or services I sell with Bitcoin, actually go through.
Guess he has to sell books somehow...
If I could actually transact with "pretend money", doesn't that make it real? Am I delusional if that product I buy or the good or services I sell with Bitcoin, actually go through.
Guess he has to sell books somehow...
CNNCash™
Fact is we all know what went wrong but problem here we are short of solution
Then someone will say over here that bitcoin adoption is the solution where in fact bitcoin adoption is the main problem
Bitcoin is still over 90% of the market cap for all crypto-currencies... let's start the discussion again when it's below 80%.
Actually, if you ignore Litecoin (it's not a really a huge competitor to Bitcoin. It might be "silver" to the "gold", but have 0 chance to overtake bitcoin ofc), the next largest cryptocurrency (bitsharesX) have 0.07% of the market cap of BTC.
Yeah.. there is not really much competition out there right now.
Fact is we all know what went wrong but problem here we are short of solution
Nothing wrong so far...
Fact is we all know what went wrong but problem here we are short of solution
The "get rich kids" are propping up the price he says lol.
Damned kids and their getting rich...
Bitcoin itself I dont think has gone wrong- and I will probably get a lot of flack here- but IMO the users are killing the currency.
Why? Because people who genuinely want to deal with bit-coins for their business get spat on and frowned at by the bitcoin community until they basically give up. I tried to sell a house last year for a client in bitcoin on the bitcoin talk forum- the moment I listed it had 'scammmm!' screaming from the rafters. So I just sold it on ebay to someone instead. Then the Bitcoins skyrocketed- So I thought why not try again. I was 'lolled' out of the forum being told that now bitcoins were far to valuable for the likes of property purchases.......so the bitcoins took a massive crash, I decided to give it a final push and accept bitcoin on my property purchases one last time, and there isn't even a hint of interest in the forums whatsoever. Did the bitcoin community kill itself with it's Arty zim level of smugness or something? From the outside looking in, it seems bitcoin is like that mythical girl who is so smoking hot, that she never thinks any guy is good enough until one day she is old ugly and realises she is going to die alone.....if you guys won't allow businesses to come into your community and start trying to actually deal with your currency for real world items then the only thing bitcoin is going to attract is scam artists. Sorry if I get a load of Neg replies on this but thats how it seems, and I'm waiting to be proved wrong.
Buying a house is still considered too risky with bitcoin. From risk management point of view, you net worth must be 5-10 houses to spend some coin to buy 1 house, so that you risk exposure is not too high. There is no real good insurance for large bitcoin purchase, if the coins are gone and you deny the trade, there is no way to protect the buyer
he makes decent points but what he fails to recognize are two major things imo. first he doesn't talk about or realize that any new/novel currency has to start somewhere and transition into a weak middle ground. even if there are only 250k active wallets to get to 1bn active wallets you have to pass through 250k first. secondly, he says bitcoin will fail because the lunatics think it will take over the whole planet. no it probably wont. a better comparison is what e-mail did to the current mail system though that is still a flawed way of looking at the picture but much better. it can work great alongside the current system and still have a massive widespread adoption.
id love to hear his rebuttal to these or just discuss this issue with me for a few minutes.
id love to hear his rebuttal to these or just discuss this issue with me for a few minutes.
I think that we need an entire new way of working that fits in with the decentralised nature of Bitcoin - CIYAM Open is a vision for this (with Project Managers who pay Contributors to deliver Project Tasks and where there is no formal "job" at all).
I had read an article by a "futurist" around the same time I was learning about Bitcoin who thinks that "in the future people won't have jobs" but will contribute their skills to many different projects as small paid tasks.
I had read an article by a "futurist" around the same time I was learning about Bitcoin who thinks that "in the future people won't have jobs" but will contribute their skills to many different projects as small paid tasks.
That "futurist" may not have been far off the mark. That is essentially my sole source of income and has been for the past eight years, though I tend to contribute a bit more toward the projects I work on than would be described as small, paid tasks. However, I'm certainly not opposed to taking the small, paid tasks as well as they suit my interests. I've found that I have more success, more freedom and just generally more satisfaction in life since I've given up the wage donkey lifestyle. There's also the added benefit of being able to choose which jobs I do and don't want to do. I strongly encourage anyone who is highly self-motivated to give it a try. It can be difficult in the beginning but the potential rewards are well worth it. What's the worst that can happen? You fail and have to go back to having someone else tell you what to do. In short, take risks and love what you do.
I disagree, hes basically just trying to make "freelancing" sound futuristic and cool - freelancing has been around and growing for a decade or more, but its not going to take over - maintream people cant do it, dont like the stress of it.... they NEED to work for someone else solidly and permanently... I'm more "freelance style" myself.. but its not for everyone and I dont think it ever will be.
Freelancing is enjoyable if you have a specialized skill and people are willing to pay you highly for it. You can spend the time between jobs enjoying yourself while looking for the next gig. If your skill is less specialized it may still work out for you if you live below your means. However, if you only have commodity skills you should not consider it.
I think that we need an entire new way of working that fits in with the decentralised nature of Bitcoin - CIYAM Open is a vision for this (with Project Managers who pay Contributors to deliver Project Tasks and where there is no formal "job" at all).
I had read an article by a "futurist" around the same time I was learning about Bitcoin who thinks that "in the future people won't have jobs" but will contribute their skills to many different projects as small paid tasks.
I had read an article by a "futurist" around the same time I was learning about Bitcoin who thinks that "in the future people won't have jobs" but will contribute their skills to many different projects as small paid tasks.
That "futurist" may not have been far off the mark. That is essentially my sole source of income and has been for the past eight years, though I tend to contribute a bit more toward the projects I work on than would be described as small, paid tasks. However, I'm certainly not opposed to taking the small, paid tasks as well as they suit my interests. I've found that I have more success, more freedom and just generally more satisfaction in life since I've given up the wage donkey lifestyle. There's also the added benefit of being able to choose which jobs I do and don't want to do. I strongly encourage anyone who is highly self-motivated to give it a try. It can be difficult in the beginning but the potential rewards are well worth it. What's the worst that can happen? You fail and have to go back to having someone else tell you what to do. In short, take risks and love what you do.
I disagree, hes basically just trying to make "freelancing" sound futuristic and cool - freelancing has been around and growing for a decade or more, but its not going to take over - maintream people cant do it, dont like the stress of it.... they NEED to work for someone else solidly and permanently... I'm more "freelance style" myself.. but its not for everyone and I dont think it ever will be.
Its really mean that Bitcoin is being moved through the world and take a significative place in our system!
Can we take that as a buy signal?
Don't look for the signals to buy into Bitcoin, instead pay attention to the signals to divest from fiat, because those are abundant.You young whippersnappers! Get those bitcoins off my lawn!
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