Topic: CNNMoney - Where did bitcoin go wrong? - page 4. (Read 5872 times)

Well the fall of price isn't helping and theft :/ in alot markets

I only hope that Twins to disappoint and sell their bitcoins asap to buy them cheap the rest of us . Yes we are the lunatic anarchist cult that we dream about a free open world without a bank elit.

Be careful. Using analogies like that outside the forums will just get you stuffed in your locker with a wedgie. 

First of all I will apoligise for anyone who lost money there,but the greatest thing that happened to Bitcoin was the collapse of Mt Gox if bitcoin can survive that it shows its no pie in the sky.

Jeffrey Robinson's view is not very credible given that he also states that "virtual currency is the future".

If that's the case then where's the competitor. Where is this "future" virtual currency that's going to displace Bitcoin ? The truth is that it only exists Jeffrey Robinson's imagination.

To have the least bit of credibility, that "future competitor" would at least have to endure the "rights of passage" period that Bitcoin has - 5 years of being kicked to death by the media, hacked to kingdom come, punctured by collapsed exchanges - and still come out smelling of roses.

Then there's the "adoption infrastructure" period. Just have a look at the weekly lineup of technologies, businesses, exchanges, derivative services, security services and wallet services documented daily by http://www.thebitcoinchannel.com.

From a technological point of view, we've already had a couple of years of battering by a flotilla of alts - in many cases deploying far more advanced tech than Bitcoin. None of them ever made a dent in its market cap.

Where is Jeffrey Robinson's imaginary competitor going to get it's imaginary hashpower from to compete with the Bitcoin network. How is all this hashpower going to be convinced to switch to Jeffrey Robinson's imaginary, untested, "no rights of passage" alt coin ?

https://blockchain.info/charts/hash-rate?timespan=all

The ease with which he dismisses Bitcoin as conspicuous as his alternative's absence. Maybe he thinks that Microsoft, IBM, the US FED or Amazon are going to suddenly deliver the "saviour" that the public will be happy to adopt. If that's the case then he doesn't understand blockchain technology or how it garners trust by its users.

Sorry, but this guy has not remotely made the case for Bitcoin "not being the future". Heard it all before with the web, email & you name it. Make no mistake about it, Bitcoin is here to stay. It is the Apache web server of money.

My motto "you must speculate to accumulate" and you will never do that with an employer

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.

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. 

The media said the same 25 yrs ago about the internet just a phase being used and hyped by speculaters

Bitcoin was in a bubble multiple times, mostly due to the ignorance of the masses.

hahaha so much this ^^ .

People that understand Bitcoin are already "in".  We have to wait until the next big wave.
But when it comes, it might be huge and sudden.  That's why you just have to hold
and be patient. 

I've been hearing about "buy signals" whole year.

Every day I read bitcoin news it feel like I should buy more, then I look at the charts and think "wtf is going on?!"

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.

LOL.
You crack me up...

The voss'...true businessman.
Cornered 1 percent of btc; amazing accomplishment.

Winklevii

Real Richie Rich story in this World 
Ok Kids , buy again and alot please hahahaha.
I wonder how many BTC their parents have ? Like father like sons.

Who are those twins that he is talking about them ? how the hell do they own 1% of bitcoins

+1

Because right now BTC is almost useless for any mid to large sized business unless its automated payment for goods which is instantly
transferred to fiat.

Very interesting information.