Author

Topic: Do you think there's any future in Bitcoin? (Read 2607 times)

legendary
Activity: 1199
Merit: 1047
September 03, 2014, 04:31:30 AM
#45
we need to bring btc to the mainstream

You can help by giving goods at services in exchange of BTC, while making a discount over other traditional payment methods. That way customers will be encouraged to use it. Like Newegg recently did.
sr. member
Activity: 336
Merit: 260
September 03, 2014, 01:36:57 AM
#44
Bitcoins act as seed capital, Bitcoins fuel and propel all the other crypto 2.0 technologies, decentralized companies, etc. It makes no sense sitting on Bitcoins. Bitcoins can potentially give you 1-10x returns over the next 5 years, keeping with inflation or not. But crypto 2.0 technologies and decentralized companies stock can potentially give you 10-1000x returns over the same period.

https://bitcointalksearch.org/topic/bitcoin-has-reached-the-tipping-point-766406
https://bitcointalksearch.org/topic/m.8649839
full member
Activity: 238
Merit: 100
September 02, 2014, 07:28:01 PM
#43
Look at around you, and not the chart.
Are you seeing more and more bitcoin services and companies popping up everyday ? or is it shrinking ?

Look at who is working on Bitcoin now, this is the greatest indicator of tomorrow's adoption.

This is legit. What matters at the end of the day is merchant consumer adoption. All markets are rigged, no exception. Whales manipulate it to get cheap coins, and pump it to sell more expensive coins. Price volatility is irrelegant. On a log scale, BTC only went up so went the % of adoption.
FIFY


More merchants accepting bitcoin will not do anything except make it easier to spend bitcoin that holders of bitcon already have. Consumer adoption on the other hand will increase overall demand for bitcoin as they will need to buy it in order to use/spend it.
sr. member
Activity: 672
Merit: 253
September 02, 2014, 07:24:25 PM
#42
I'm one of the people that believes the price is dropping because merchants are immediately selling BTC that they are being paid in. Massively increases sell pressure without increasing buy pressure.
newbie
Activity: 53
Merit: 0
September 02, 2014, 04:33:23 PM
#41
The price is dropping for no reason. Some says its falling out of favor since public interest is waning, some say its just maturing.

go, and buy some bitcoins, if it will do everyone, the price will go up
give all your money to bitcoin right now !
newbie
Activity: 55
Merit: 0
September 02, 2014, 10:18:03 AM
#40
we need to bring btc to the mainstream
legendary
Activity: 1199
Merit: 1047
September 02, 2014, 10:05:54 AM
#39
Don't worry, Bitcoin won't be suddenly used by everyone, it will take time, and its price will increase as its demand increases.
member
Activity: 84
Merit: 10
★Bitin.io★ - Instant Exchange
price is higher then in April.
sr. member
Activity: 322
Merit: 250
Look at around you, and not the chart.
Are you seeing more and more bitcoin services and companies popping up everyday ? or is it shrinking ?

Look at who is working on Bitcoin now, this is the greatest indicator of tomorrow's adoption.

This is legit. What matters at the end of the day is merchant adoption. All markets are rigged, no exception. Whales manipulate it to get cheap coins, and pump it to sell more expensive coins. Price volatility is irrelegant. On a log scale, BTC only went up so went the % of adoption.
full member
Activity: 176
Merit: 100
Bitcoin protocol is like a can of worms for the government. Once it is out, it creates all kind of problems with no way of reversing the trend.

This is just the early phase when governments around the world are forced to regulate and deal with bitcoin. Sooner or later, financial institution and banking/insurance industry will need to deal with bitcoin also or get left behind like dinosaur.
hero member
Activity: 714
Merit: 662
Look at around you, and not the chart.
Are you seeing more and more bitcoin services and companies popping up everyday ? or is it shrinking ?

Look at who is working on Bitcoin now, this is the greatest indicator of tomorrow's adoption.
hero member
Activity: 882
Merit: 595
don't be afraid about bitcoin
i think the price will be normal again.
because what ? i think bitcoin is the best coin for me
hero member
Activity: 588
Merit: 500
I do not think there is a future in Bitcoin as any form of mainstream currency. I do think it will survive, but it will always be a niche for speculators and misfits.
I would argue that bitcoin will be the currency of choice for countries that do not have the economic stability to realistically have their own local fiat currency. I think it will replace the dollar in the regard that it is used as money in the poorest countries (but not as a world reserve currency). 
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
bitcoin future isn't only in his price, but in his tech too, new features will help bitcoin stand where it should be
and now the price is pretty stable, nothing to worry about
sr. member
Activity: 406
Merit: 250
I can not see how the fact that bitcoin is constantly rising and falling again can prove or even strike doubts about bitcoins future. The price will continue to rise and fall but I don't see it ending bitcoin.
sr. member
Activity: 392
Merit: 250
Yes, the price dropped but will rise again, this is normal
I do not think that there is a better coin than bitcoin, since bitcoin has a better future than other coins scam
member
Activity: 82
Merit: 10
The price is dropping for no reason. Some says its falling out of favor since public interest is waning, some say its just maturing.
We are in the future of bitcoin and you are asking if there is some?People witnessed the price of bitcoin since it was $4 per coin and now its $500+.This thing is now is no more a Joke and must be taken seriously as an asset.
jr. member
Activity: 52
Merit: 50
there is not enough bitcoin enlightment, mainstream media and economists, plus people trying to keep status quo are very good at demonizing BTC.
Every time I talk about bitcoin to people who know it, they hate it!
They have already built an negative emotional relationship to it. They always say things like, pyramid scheme, fraud, creation of CIA or only for criminals and pedos, or naive people will lose all their money it should be illegal!!!.............. It is really hard to convince them other way. Embarrassed
full member
Activity: 153
Merit: 100
Take a time machine back to 1995 and ask the same question about the Internet. There's your answer  Cheesy

Comparing internet and bitcoin is getting old.

You can own bitcoin but not internet. And a lot of internet dotcom companies went bust.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
I dont think Paypal and Ebay would start a Crypto on their own when BTC is already stablished, they will gain nothing. They will end up being forced to accept BTC.

They should accept all product to bee payed in BTC or any other altcoin. But seem like they are skeptic on this matter.

Maybe they think that will loose more on this or maybe there are afraid of any cryptos on that matter.

member
Activity: 72
Merit: 10
Take a time machine back to 1995 and ask the same question about the Internet. There's your answer  Cheesy
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
I dont think Paypal and Ebay would start a Crypto on their own when BTC is already stablished, they will gain nothing. They will end up being forced to accept BTC.

what this mean? they can get something from fee if they want, like exchange, especially paypal, which is already doing it with fiat
legendary
Activity: 1582
Merit: 1064
The price is dropping for no reason. Some says its falling out of favor since public interest is waning, some say its just maturing.

Price is just one aspect of bitcoin.  Smiley
member
Activity: 70
Merit: 10
I dont think Paypal and Ebay would start a Crypto on their own when BTC is already stablished, they will gain nothing. They will end up being forced to accept BTC.
member
Activity: 61
Merit: 10
Its hard to predict anyone's future. Its possible some big company like Paypal start Crypto-currency of their own...so can't say.
newbie
Activity: 33
Merit: 0
shit happen sometimes
but yes bitcoin has a good future more than other shittycoins
price go up and down dont be worried about it the direction is up of course in the long term like always
sr. member
Activity: 1439
Merit: 380
Bitcoin Casino Est. 2013
shit happen sometimes
but yes bitcoin has a good future more than other shittycoins
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
why there shouldn't be a future, only because of the recent dump? dump happen all the time, they are no a reason to not believe in bitcoin
full member
Activity: 153
Merit: 100
Public confidence in it has been dropping after the whole Mt Gox thing. On top of that, you have people investing in other bitcoin alternatives without the same success that bitcoin had.
MtGox happened quite a long time ago, which has nothing to do with the collapse of the price this time.

The case is still on going.

An average consumer will want to know how the law will protect them in this kind of situation.
sr. member
Activity: 322
Merit: 250
You will probably better understand the future of bitcoin when your bank collapses and will be bailed-in with creditor's money

People need a big bitch slap (a couple more) by the banks so they understand how Bitcoin can be useful for them. Then maybe we start getting mainstream adoption.
member
Activity: 105
Merit: 10
Yes, it has a future as a powerful niche. But perspective is key. Bitcoin is a cool ecosystem, but it's not going to save the world or radically overhaul the economy. Some of the early stage propaganda reads like people thought BTC would change the entire economic system by itself. It's good that the enthusiasm is waning, and it's entering a maturing phase.

If you really want to cause social change, (some alt currency types claim they do), crowdfunding is a much more powerful engine. The bedrock of any genuine economy is food, water, energy and innovation. Currency is seconday.

0.2
full member
Activity: 126
Merit: 100
It may go down to $300 range before slowly climbing up again.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
The price is dropping for no reason. Some says its falling out of favor since public interest is waning, some say its just maturing.

it has no future. lost all advantages in the last 2 days. i sold all and will move to ripple
sr. member
Activity: 378
Merit: 250
I do not think there is a future in Bitcoin as any form of mainstream currency. I do think it will survive, but it will always be a niche for speculators and misfits.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
Still price have to go down from time to time so it can jump again. This is normal only some1 or somebody had panic and then we have this.

This will be future in all day paying just need more time for this and fixed price. For price i cant be sure for other yes.

There are a lot sites that accept btc for payment so 1 step up.
legendary
Activity: 2156
Merit: 1132
Price fluctuations at this stage do not matter. Cost Bitcoin tends to recover quickly. The most important thing to functioning network and growing infrastructure, and the price over time highs.
legendary
Activity: 4228
Merit: 1313
Public confidence in it has been dropping after the whole Mt Gox thing. On top of that, you have people investing in other bitcoin alternatives without the same success that bitcoin had.

People who don't understand that Mt Gox is not bitcoin are pretty dumb - particularly reporters.  It is like saying "public confidence in the dollar has been dropping since the convenience store got robbed."

member
Activity: 83
Merit: 10
Bitcoin will be the currency which will substitute FIAT in every country, this is the future.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
if bitcoin stay only for speculation purpose i don't see a bright future honestly, need to be used as a true currency
member
Activity: 68
Merit: 10
You will probably better understand the future of bitcoin when your bank collapses and will be bailed-in with creditor's money

+1000!

Bitcoin is just like gold and silver in the sense that there will be manipulation, FUD and price smashes until one day the music stops and people will quickly learn the true value of having monetary instruments that are actually in your possession.
legendary
Activity: 1386
Merit: 1016
Public confidence in it has been dropping after the whole Mt Gox thing. On top of that, you have people investing in other bitcoin alternatives without the same success that bitcoin had.
MtGox happened quite a long time ago, which has nothing to do with the collapse of the price this time.
sr. member
Activity: 350
Merit: 250
Public confidence in it has been dropping after the whole Mt Gox thing. On top of that, you have people investing in other bitcoin alternatives without the same success that bitcoin had.
donator
Activity: 784
Merit: 1000
You will probably better understand the future of bitcoin when your bank collapses and will be bailed-in with creditor's money
sr. member
Activity: 994
Merit: 441
Either way, onced it hits a certain level, it will trigger a massive sell off which will further push the price down, or even cause a crash. My prediction for that level is somewhere around $200-300 where the bitcoin fever started picking up last year
sr. member
Activity: 994
Merit: 441
The price is dropping for no reason. Some says its falling out of favor since public interest is waning, some say its just maturing.
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