"Slow & Steady Wins the Race"
At present we are moving slow but the situation would not be same in the future. Many countries are not aware about the bitcoins and it will take time for everyone to trust the bitcoin and start adopting it so even we are not moving amazingly fast ..no issues..in future its gonna be great.
Topic: Do you think we'll look back on bitcoin and think that it grew amazingly fast? (Read 3440 times)
May 15, 2015, 01:08:08 AM
May 14, 2015, 07:04:32 PM
For now world is enjoying if price stability ilusion,it can change at any moment
The only one thing is that most transaction and mining is coming from China
Chinise are smart,with his low cost energy thay can mine at that price and kill the competition
will be more free or low cost energy that moment i think something can change,or something in finacial world
that can happen at any moment,or news from China like Baidu accepting btc,demand from that countries
anytime btc is rising there are some news about hackingm souspicious a little
May 14, 2015, 04:45:57 PM
When we are talking about new technology that is going to change the world, at the begining it is all a big turmoil. At the beginning of the internet, a lot of shit happened fast, billonaires here and there (mark cuban etc), lots of stuff and scams etc, but at the end it was a global success.
May 14, 2015, 04:26:33 PM
I don't like the sound of "virtual currency". It's like it isn't real or it doesn't exist. I think this must be a barrier for a good number of people.
It's not good terminology, it's true. I think it is used as a slight put down by people who refuse to know better.
May 14, 2015, 04:22:01 PM
I don't like the sound of "virtual currency". It's like it isn't real or it doesn't exist. I think this must be a barrier for a good number of people.
May 14, 2015, 04:20:46 PM
I think yes its gonna grew amazingly fast the only thing it needs is the mass adoption of the bitcoins from the society and the countries across the globe if the demand is more than it will directly attract the supply and if supply goes at the peak no one can stop it in growing.
its the future of the globe.. and you cant afford to neglect the fact that if you hold bitcoin at present then you are a wealthy gentlemen in the future..and its going to be grow amazingly fast and the best as people start accepting it and start using it as a virtual currency.
May 14, 2015, 03:06:28 PM
I think yes its gonna grew amazingly fast the only thing it needs is the mass adoption of the bitcoins from the society and the countries across the globe if the demand is more than it will directly attract the supply and if supply goes at the peak no one can stop it in growing.
May 14, 2015, 10:11:43 AM
Bitcoin grew tremendously fast over the last year.. Just look at all the start UPS, more professional exchanges and infrastructure being build.
Only thing that is lacking for now is price, but it will come when everything else establishes.
Only thing that is lacking for now is price, but it will come when everything else establishes.
May 14, 2015, 09:46:31 AM
Well, all these regulations, bad news/publicity and thefts/hacks tend to slow adoption in my opinion.
Other than that I think the technology behind it is moving blazing fast.
Even banks and governments are considering utilizing the block chain technology.
Other than that I think the technology behind it is moving blazing fast.
Even banks and governments are considering utilizing the block chain technology.
+1 I'm quite amazed by the progress despite the seemingly orchestrated efforts to steer people away from it.
Funnily, most of the "average" people around me still seem to parrot the mainstream narrative (underground money, illicit uses, money laundering) without giving it a second thought.
May 14, 2015, 08:50:51 AM
Well, all these regulations, bad news/publicity and thefts/hacks tend to slow adoption in my opinion.
Other than that I think the technology behind it is moving blazing fast.
Even banks and governments are considering utilizing the block chain technology.
Other than that I think the technology behind it is moving blazing fast.
Even banks and governments are considering utilizing the block chain technology.
May 14, 2015, 08:48:46 AM
Right now, it seems like bitcoin is moving slowly. Winklevoss ETF is in regulatory hell. GBTC sits there (not trading) with <100 BTC in bids. Still few places in your average city where you can use bitcoin. Remittances are not really catching on as fast as we thought.
But in reality, bitcoin in 2013 was 100% amateur bullshit. Alpaca socks, Mark Karpeles, friedcat, and DPR.
It's really hard for me to decide whether we're moving fast or slow.
But in reality, bitcoin in 2013 was 100% amateur bullshit. Alpaca socks, Mark Karpeles, friedcat, and DPR.
It's really hard for me to decide whether we're moving fast or slow.
Bitcoin is only Six years old.
Taking that into consideration I wouldn't say it's moving fast.
I would say it's ahead of it's time
May 14, 2015, 08:35:25 AM
Yes, it is growing very fast and I am surprised to see this.
April 24, 2015, 08:48:44 AM
I believe we're moving quite fast, even though it's clear that facebook grew faster.
The growth of facebook will slow, but bitcoin will continue to grow for many years.
In fairness the growth of facebook has to slow, unless they want everyone in the world to have multiple accounts!
Bitcoin has a higher potential market than facebook, but is way way behind in terms of growth, but then I use facebook more often than I use Bitcoin, and I am probably a big bitcoin user (I use it whenever I can, within reason)
When bitcoin is accepted in more places, then it will have a tipping point when more people will start using it. Much like facebook, if your friends are all on facebook and you are on myspace, you will move to facebook.
Theoretically is has a bigger market as nearly everyone on the planet uses cash as opposed to social networks but to be honest most of the world these days already has a Facebook so I think social networks will likely remain bigger than bitcoin.
The theoretical market capitalization of Bitcoin after mainstream update is on the trillions, as stated by the Winklevii, it makes sense to think so since BTC aims to defeat all existing money transfer methods combined.
April 24, 2015, 07:45:37 AM
I believe we're moving quite fast, even though it's clear that facebook grew faster.
The growth of facebook will slow, but bitcoin will continue to grow for many years.
In fairness the growth of facebook has to slow, unless they want everyone in the world to have multiple accounts!
Bitcoin has a higher potential market than facebook, but is way way behind in terms of growth, but then I use facebook more often than I use Bitcoin, and I am probably a big bitcoin user (I use it whenever I can, within reason)
When bitcoin is accepted in more places, then it will have a tipping point when more people will start using it. Much like facebook, if your friends are all on facebook and you are on myspace, you will move to facebook.
Theoretically is has a bigger market as nearly everyone on the planet uses cash as opposed to social networks but to be honest most of the world these days already has a Facebook so I think social networks will likely remain bigger than bitcoin.
April 24, 2015, 06:01:52 AM
Right now, it seems like bitcoin is moving slowly. Winklevoss ETF is in regulatory hell. GBTC sits there (not trading) with <100 BTC in bids. Still few places in your average city where you can use bitcoin. Remittances are not really catching on as fast as we thought.
But in reality, bitcoin in 2013 was 100% amateur bullshit. Alpaca socks, Mark Karpeles, friedcat, and DPR.
It's really hard for me to decide whether we're moving fast or slow.
But in reality, bitcoin in 2013 was 100% amateur bullshit. Alpaca socks, Mark Karpeles, friedcat, and DPR.
It's really hard for me to decide whether we're moving fast or slow.
i love you dude
- very wise words.in my view we are moving fast and i love to watch it.
Yeah, that's a very good analysis. It's a very sad thing though to read our beloved cat's name in that list. I do believe though that many of those projects and companies were very good in their days, and right now we just need some time to transit over to the big money and regulations.
April 24, 2015, 03:51:29 AM
I think it has grown pretty fast, though we have seen some stagnation recently. I think we will see spurts of growth over the next couple of years but what we really need is some huge industries to get involved like the remittance market or gambling and sex/adult service industries. Those would likely accelerate bitcoin's growth rapidly.
April 24, 2015, 03:47:58 AM
I believe we're moving quite fast, even though it's clear that facebook grew faster.
The growth of facebook will slow, but bitcoin will continue to grow for many years.
In fairness the growth of facebook has to slow, unless they want everyone in the world to have multiple accounts!
Bitcoin has a higher potential market than facebook, but is way way behind in terms of growth, but then I use facebook more often than I use Bitcoin, and I am probably a big bitcoin user (I use it whenever I can, within reason)
When bitcoin is accepted in more places, then it will have a tipping point when more people will start using it. Much like facebook, if your friends are all on facebook and you are on myspace, you will move to facebook.
April 24, 2015, 03:24:46 AM
I believe we're moving quite fast, even though it's clear that facebook grew faster.
The growth of facebook will slow, but bitcoin will continue to grow for many years.
April 24, 2015, 03:22:38 AM
These 2 charts always seem to put my mind more at ease and put things in perspective:
Just a matter of time...
Just a matter of time...
Those figures could be manipulated, peter todd once mentioned this. However i would be confident the network is growing in all areas, it doesnt take charts to know this. The only thing which is slow atm is the price.
April 24, 2015, 02:11:26 AM
yes it will growing very fast and in coming days it will be acepted by many peoples !!
Jump to: