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Topic: Do we really understand what bitcoin is capable of? - page 2. (Read 234 times)

full member
Activity: 1232
Merit: 186
You as an investor, bitcoin could uplift your financial status and/or destroy you by leading you into bankruptcy as well. It is very unpredictable up to the extent that it can reach the highest peak in only a short period of time (its ATH last year) but can also suddenly drop more than half of it like we currently experience in the market without anyone getting awared of. Who expected that from the very start? No one, right? This only indicates that we can't really perceived what btc was capable of.

there has been a lot of threads trying to put people in fear about bitcoin is dead, leave crypto and value is going down and so forth.
Those kind of people also serve as torn in our throats. They make the situation even worse because they're the source of FUDs in which the fragile ones believing in. The result, prices falls deeper. But as we look on the bright side, Herbert2020 was right, this stops the weak investors once and for all because they tend to go out the market and never return after realizing that cryptocurrency was not really meant for them.
copper member
Activity: 210
Merit: 2
www.daxico.com
Bitcoin is a very volatile digital currency thats why many expert predict it price action which turn out to be a fallacies. Bitcoin has gain more popularity compare to some countries local currency. I believe in the future Bitcoin  is capable of replacing Fiat currency if the world must be a global village
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
The problem is people are so focused on the price and the profits that they lose focus on the things that are really important. Bitcoin is censorship resistant and border-less and people have received a payment network that are not controlled by some central authority.

These things makes Bitcoin unique, but people are just worried about profits and when the price with reach the next All time high.  Roll Eyes
It is only when you realize how fantastic this technology is, that you forget about the profits and the price and you focus on acquiring as much of it as you can get your hands on.  Wink
newbie
Activity: 99
Merit: 0
I'm very much sorry to say that we no nothing about bitcoin and the worse part is we are not even analysis about it and if we do this then i'm sure we will become shock.
jr. member
Activity: 156
Merit: 1
BTC is capable of destroying the credit card or the fiat itself.  I think the primary purpose of the BTC is to make it easy in term of a transaction.
It just happened that it becomes an asset because of mass demand.
hero member
Activity: 3150
Merit: 937
Bitcoin isn't capable of anything,because bitcoin is just a tool.The users of that tool can be "capable",but the tool itself isn't capable.BTC isn't AI and it will never become.
I couldn't care less about all the people,who spread FUD and predict bitcoin's death.
There were people,who were predicting bitcoin's death back in 2011 or 2014,but here it is,still strong and standing.
legendary
Activity: 1946
Merit: 1137
For some months now that bitcoin has bubbled within some specific range of value,
price being in a specific price range is not called "bubbled"! where did you come up with that term anyways?!!

Quote
there has been a lot of threads trying to put people in fear about bitcoin is dead, leave crypto and value is going down and so forth.
those comments are actually good at the end of all this because they are some sort of purge on the market, those spreading FUD don't know it themselves but they are cleaning up the market from newbie weak hands and that leads to decreased volatility and as you can see from these days it ends the drops
newbie
Activity: 46
Merit: 0
Though prices has fall drastically compared to it peak in 2017 but i think bitcoin is going through difficult times and we all hope that things will change. We truly understand what bitcoin is capable of and nontheless as the king of all coins am sure the expectation is much higher than we see now.
jr. member
Activity: 96
Merit: 2
🚀🚀 ATHERO.IO 🚀🚀
And who said we do not understand just that I think most people become frustrated with how things are going after getting to 20K and things just  falling apart like that. As for me I still know that things will bounce back and bitcoin is capable of that.
jr. member
Activity: 140
Merit: 1
For some months now that bitcoin has bubbled within some specific range of value, there has been a lot of threads trying to put people in fear about bitcoin is dead, leave crypto and value is going down and so forth. But if we really know the potentials of bitcoin we would calm down and allow bitcoin as we know it to be have it way out because from 2009, all what i have observed is that even if things fall apart for bitcoin, it really comes and bounce back potently. And that is what bitcoin is capable of. Let us all get it right.
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