Pages:
Author

Topic: Don't buy bitcoin because it won't be fine - page 16. (Read 4749 times)

jr. member
Activity: 274
Merit: 2
November 03, 2018, 11:53:19 PM
#77
Being invisible for you doesn't mean it is a Ponzi nor it has no value. do you know even what Ponzi is!!!
It is a digital currency, you can't touch it, you can't see it.
If you can't use it doesn't mean that other people can't. Most of us use it regularly to buy goods and pay other Bitcoiners.


A payment is the transfer of an item from one party to another, and not the usage of an item. Everything that exists on Earth can be transfered from one party to another, but that doesn't render it usable. So, the fact that you regularly buy goods and pay Bitcoiners with bitcoin has nothing to do with usability of bitcoin. Usability is the capacity of an item to satisfy human needs.


You don't have to be the item that holds value to be usable.
A thing that makes this item safe is usable.
A thing that moves it around is usable.
A thing that stores it is usable.
Even if the sole use of Bitcoin was to be an emergency store of value for when your country goes bankrupt or gets nuked by neighbors it would still be one. Only you don't want to acknowledge it.

These generic statements of yours cannot change the fact I stated in the op: in the bitcoin circulation chain no end consumer exists that can use bitcoin for consumption or for satisfying his human needs, like food is used by hungry people or dollar by borrowers. For that reason, profit or benefit for chain members can come from new investors only, which is a textbook definition of Ponzi or other type of pyramid scheme. So bitcoin can be called money, value, digital gold, safe, usable, new internet, emergency store or ... whatever, but this is just semantics and its Ponzi nature or ultimate fate won't change because of that.
member
Activity: 546
Merit: 10
💲 EMIREX EXCHANGE 💲
November 03, 2018, 06:55:22 PM
#76
buy or not, that is the right of every person. but encouraging at times like this, it is likely that it will no longer have an effect, people will see more opportunities here, even though there is a considerable risk
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
November 03, 2018, 05:21:30 PM
#75
You submission does not have a concrete backing hence, It should be discard, for anyone that want to be rich in the future, Bitcoin is sure a currency to invest in and expect a revolution in the near future, do not be  in a hurry to take profit, It is a currency with great potential, The present happening not withstanding, do not expect BTC to be up forever and always.
member
Activity: 378
Merit: 10
November 03, 2018, 02:25:31 PM
#74
And I will still continue to believe in bitcoin and its prospects as a currency. Sooner or later it will be used and we will appreciate all the advantages of this technology.
full member
Activity: 756
Merit: 102
November 01, 2018, 10:41:13 PM
#73
I don't agree this. No matter what anyone says to Bitcoin. I believe it will keep six thousand dollars  level and In the first quarter of 2019 it will exceed 10 thousand dollars with a bull season
Its better to believe in our own understanding with bitcoin than to this kind of speculation.
I will still buy bitcoin because I know its potential, I believe on its technology and no one can stop me from doing that. Invest more and don’t listen to any fud. Cheesy

hell yeah . dont mind the op and other people that say's negative things about bitcoin or on other cryptos because it is pretty obvious that it is only a fake claims and maybe they only do it because they want cryptos to go down so that they will use that oppurtunity to buy more coins   or maybe the op of this thread is just only a newbie , he only enter last year and he didnt research the past history of cryptos . he thinks that cryptos are ending just because their value is not recovering anymore but he didnt know that it is only normal and part of the cycle .
full member
Activity: 462
Merit: 100
November 01, 2018, 09:52:30 PM
#72
Buy bitcoin then you will have a deposit that will be able to provide benefits for your future.
Don't think negative about bitcoin because you can regret later. The development of bitcoin is getting better every day and I believe that bitcoin is the future that is able to provide improvements to the financial aspects.
full member
Activity: 529
Merit: 101
November 01, 2018, 06:35:09 PM
#71
This is not new, mate. A lot of people told bitcoin is a scam, it is a Ponzi scheme from the beginning of Bitcoin creation! Who listened to them they are crying because they missed a golden opportunity to be something big! Many people were telling buy bitcoins as much as you can, who listened to them, they are now rich, millionaire and billionaire! So, You keep pushing people to not buying bitcoin anymore, only weak hand people will follow you.
jr. member
Activity: 182
Merit: 1
November 01, 2018, 08:45:54 PM
#71
I don't agree with you. Bitcoin performs all the functions of money.
full member
Activity: 686
Merit: 108
November 01, 2018, 06:33:40 PM
#70
I don't agree this. No matter what anyone says to Bitcoin. I believe it will keep six thousand dollars  level and In the first quarter of 2019 it will exceed 10 thousand dollars with a bull season
Its better to believe in our own understanding with bitcoin than to this kind of speculation.
I will still buy bitcoin because I know its potential, I believe on its technology and no one can stop me from doing that. Invest more and don’t listen to any fud. Cheesy
full member
Activity: 952
Merit: 107
November 01, 2018, 06:14:46 PM
#69
This matter is within each individuals decisions. In my own opinion, it is still good to buy bitcoin. Though for now its value is not good but soon it will recover. Patience is highly needed.
I agree. It is depend on the person if he wants to buy or just stop because of negativity of others that influence them. For me it is better to buy now, what ever happen tomorrow just let it happen but still I believe that there is a recovery in the market. I see how worth it could be.
jr. member
Activity: 119
Merit: 1
November 01, 2018, 06:08:16 PM
#68
You might say anything to elaborate your thoughts about Bitcoin, but you should realize that your words won't change anything about Bitcoin. It is better for you to stop creating issues that don't contribute to enhance Bitcoin because that is pointless. Bitcoin will grow more in the future as many stakeholders and any financial services authority in many countries begin discussing about future Bitcoin. It is believed that bitcoin is a proper solution for financial sides with high technology offered by this. 
full member
Activity: 441
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
November 01, 2018, 05:16:54 PM
#67
I think, all currencies have important components, and that is characteristic of every different currency, we must realize that bitcoin is not the same as fiat currency, volatility, system, and every feature.

for a while, bitcoin looks like a ponzi, because bitcoin is still free, so the volatility is unlimited. so, I think if bitcoin is already used for transactions and getting legalized, then the volatility will be stable like fiat. but, sometimes decentralized systems will create faster and unlimited volatility.
jr. member
Activity: 80
Merit: 1
November 01, 2018, 04:58:21 PM
#66
Bitcoin worth a price because the majority people give bitcoin a price, so does gold.
member
Activity: 434
Merit: 10
November 01, 2018, 04:53:55 PM
#65
I believed you have made a lot in bitcoin and today you stand to discourage new investors, while bitcoin is never a ponzi scheme as you have just call its a real currency accepted in shopping plazas.
full member
Activity: 308
Merit: 101
November 01, 2018, 04:15:42 PM
#64
Yes, everything related to the internet is risky especially Cryptocurrency. But as everyone knows, cryptocurrency is slowly advancing into many markets and may be the future coin to be used. You will have to accept everything when investing in Bitcoin.
full member
Activity: 551
Merit: 100
November 01, 2018, 04:15:33 PM
#63
I don't agree this. No matter what anyone says to Bitcoin. I believe it will keep six thousand dollars  level and In the first quarter of 2019 it will exceed 10 thousand dollars with a bull season

I think we better believe in ourselves than anyone else. because everything in us is our choice. the future remains in our hands. if we are forbidden to buy bitcoin at this time, maybe they are afraid of the price decline which is currently making anxiety.
jr. member
Activity: 308
Merit: 1
November 01, 2018, 03:18:14 PM
#62
This matter is within each individuals decisions. In my own opinion, it is still good to buy bitcoin. Though for now its value is not good but soon it will recover. Patience is highly needed.
full member
Activity: 462
Merit: 100
November 01, 2018, 02:54:29 PM
#61
I don't agree this. No matter what anyone says to Bitcoin. I believe it will keep six thousand dollars  level and In the first quarter of 2019 it will exceed 10 thousand dollars with a bull season
hero member
Activity: 2184
Merit: 531
November 01, 2018, 02:27:04 PM
#60
Being invisible for you doesn't mean it is a Ponzi nor it has no value. do you know even what Ponzi is!!!
It is a digital currency, you can't touch it, you can't see it.
If you can't use it doesn't mean that other people can't. Most of us use it regularly to buy goods and pay other Bitcoiners.


A payment is the transfer of an item from one party to another, and not the usage of an item. Everything that exists on Earth can be transfered from one party to another, but that doesn't render it usable. So, the fact that you regularly buy goods and pay Bitcoiners with bitcoin has nothing to do with usability of bitcoin. Usability is the capacity of an item to satisfy human needs.


You don't have to be the item that holds value to be usable.
A thing that makes this item safe is usable.
A thing that moves it around is usable.
A thing that stores it is usable.
Even if the sole use of Bitcoin was to be an emergency store of value for when your country goes bankrupt or gets nuked by neighbors it would still be one. Only you don't want to acknowledge it.
full member
Activity: 1218
Merit: 105
November 01, 2018, 10:33:16 AM
#59
you can play with words all you like but that will never change any facts about bitcoin.
bitcoin matches the definition of a currency, a medium of exchange and a payment system perfectly well https://en.wikipedia.org/wiki/Currency and it has been designed to do that in a decentralized manner and has been doing exactly that in the past 10 years.
The OP is just a plain FUD spreader that only wants to spread FUD to Crypto Currency communities and hopes that some people will believe on what he is saying. Grin

Basically, bitcoin has a very good development and continues to provide good points for its holders, if it is able to manage bitcoin then the results obtained also do not disappoint, all this depends on those who buy and manage it.
Agreed on what you said. Bitcoin is one of the best innovations that happened to the digital era world and this technology makes our lives easier than before and gives freedom to every user that uses this technology. Every year the Bitcoin/Crypto Currency community is growing and there are a lot of people diving in the crypto space.
Sooner or later this technology will be used by the majority of the techie people all over the world especially those highly developed countries that accept modern technologies in the societies. Cool

Hi, very good text about Ponzi scheme!

But I think Bitcoin does not fulfil those attributes.

Bitcoin has a use, more than one.

I disagree with your opinion.
Very well said. I think if the OP is not spreading FUD he is just an ignorant when it comes to technology developments in our world and having a very toxic way of thinking on every innovation that the worlds offer.

Pages:
Jump to: