Don't buy bitcoin because it won't be fine - page 7.

kamilah147

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Quote from: bigbosma on November 23, 2018, 03:59:31 PM

Despite the fact that the innovative form of bitcoin is not accepted by everyone, it is much more convenient than the usual dollars or other currencies. Therefore, it will continue to evolve.

the truth is not everyone accepts bitcoin at this time. but bitcoin can also develop continuously. Moreover, there are quite a lot of interested people, although not entirely interested people. but on the other hand the development of bitcoin is definitely a risk beside it. but we must face this risk not to be feared.

AiBBio

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It is just a panic! I think that this is not the end of Bitcoin, it is just a start. The winner is not who does not fall, but is who get up the first.

bigbosma

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Despite the fact that the innovative form of bitcoin is not accepted by everyone, it is much more convenient than the usual dollars or other currencies. Therefore, it will continue to evolve.

Bonsaiav

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Quote from: fxsurfer on October 29, 2018, 12:42:35 PM

Hence, dollar is product like food or clothing, with the capacity to be used, consumed or practically utilized by its end users - borrowers.

We cannot deny that the existence of the dollar and other cash currencies always gets a place in the community and can be accepted by the wider community. Understandably, the dollar is a currency that is fully supported by the government, no wonder its existence is considered to have a broad and practical capacity.

Quote from: fxsurfer on October 29, 2018, 12:42:35 PM

Bitcoin on the other hand has no such utilizable capacity - it cannot be used, which is why it can only be transferred - i.e. passed from address-to-address, from hand-to-hand, from member-to-member. In other words, in the bitcoin circulation chain, nobody is able use bitcoin, like in the case of dollars, goods, services and similar utilizable resources..., which is why such resources can be obtained from new investors only.

Because, the existence of bitcoin has been complicated by the government with various restrictions, so that bitcoin cannot function properly, like fiat currencies produced by the government. But, have you ever imagined, what would happen, if bitcoin were adopted massively?

KuyaBreezy

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ONe Social Network.

many of the things you indicated here can also be reflected in our current financial system, the vast majority of our money is now electronic, I doubt very much that in the world there are enough dollars to meet the demand that would generate everyone to take their money at once and demand that it be in cash.

fxsurfer

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Quote from: globalking on November 23, 2018, 12:59:21 PM

I don't agree with you this is the time to buy bitcoin as much as you can I doubt you cannot get bitcoin on this price in the near future.

By what method did you determine that this is the time to buy if in the past the price of Bitcoin was at 0.001 USD, which is 99.99997 percent lower than current price?

callyf

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Hello all
It is fine to but even dont buy and sell by any advice.its good search and do by your own

globalking

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POINTPAY

I don't agree with you this is the time to buy bitcoin as much as you can I doubt you cannot get bitcoin on this price in the near future.

fxsurfer

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Quote from: odolvlobo on November 23, 2018, 04:31:16 AM

Quote from: fxsurfer on November 23, 2018, 01:27:49 AM

... dollars by people who were issued dollar loans for the fulfillment of their loan contracts, ...

Like dollars, you can use bitcoins to repay loans, right? So, Bitcoin is useful.

Quote from: fxsurfer on November 23, 2018, 01:27:49 AM

... But transferability in itself is useless ...

I think this is where your point becomes absurd and moot.

You write that food is useful, yet it is only useful to me if it is transferred to me. The usefulness of food depends on its transferability. Doesn't that make its transferability useful?

Also, you write that loans are what make money useful. Isn't a loan just an agreement to make transfers?

For every dollar that is in circulation there is a borrower who used these dollars to borrow goods and services from the general public which is why he is legally obligated by the loan contract (backed by collateral) to return dollars back to the issuer (bank), and in the process have less purchasing power for the goods and services. This is how he "returns" borrowed goods and services back to the general public. Now, tell me, which Bitcoin miner has the obligation to return goods and services back to the general public, he received from them when he released Bitcoins into the circulation?

Sobocirevo

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Quote from: setialovers on November 11, 2018, 08:04:42 PM

In a few country, you can use bitcoin as currency not just transafer. Its true that many people still not able to use bitcoin in many country but i do believe that in near future, we will able to use bitcoin in many offline merchant and online merchant

In developed countries, bitcoin is considered a digital currency so many accept it. Not only for paying online transactions, they also receive offline transactions. While in developing countries there are more who refuse with a common reason: protecting their citizens from losses. but I am optimistic, bitcoin will become the world currency, someday.

odolvlobo

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Quote from: fxsurfer on November 23, 2018, 01:27:49 AM

... dollars by people who were issued dollar loans for the fulfillment of their loan contracts, ...

Like dollars, you can use bitcoins to repay loans, right? So, Bitcoin is useful.

Quote from: fxsurfer on November 23, 2018, 01:27:49 AM

... But transferability in itself is useless ...

I think this is where your point becomes absurd and moot.

You write that food is useful, yet it is only useful to me if it is transferred to me. The usefulness of food depends on its transferability. Doesn't that make its transferability useful?

Also, you write that loans are what make money useful. Isn't a loan just an agreement to make transfers?

EditorX

newbie

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Never buy anything you don’t understand. There are plenty of good investment opportunities in the world to spend time and money on one that you don’t understand. You can spend time researching bitcoin and ether to understand them better, but don’t invest money in them until you do. Wink

Arthurjone

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It will fine. I strongly believe in the promising future of bitcoin.

fxsurfer

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Quote from: Cryptrx on November 22, 2018, 02:41:58 PM

This right here is total misinformation, who told you you can't use bitcoin? We have seen thousands of places around the world where bitcoin is being accepted even thousands of bitcoin ATMs are out there so I don't see why anyone should say bitcoin has no use.

Usability is not transferability. When you transferred bitcoin to someone, all that has happened is change of ownership. Usability is utilization of the thing, not its transfer. For .e.g food is utilized by hungry people for the fulfillment of their hunger, dollars by people who were issued dollar loans for the fulfillment of their loan contracts, or picture by art lovers for the fulfillment of their aesthetic senses. Bitcoin cannot be utilized - only transferred. But transferability in itself is useless - nearly everything that is in existence has the capacity to be transferred between people - from dirt to bitcoin.

assyla

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Quote from: Herbert2020 on October 31, 2018, 12:47:48 AM

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.

Yeah you are right, although it is new to the world that there is a virtual money that does not have any physical form, because we grew up in a kind of money that we can usually touch or feel but because of the fact that science improves our society then it makes our way of living better.

suman mark

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bitcoin has a very good development but now somedays bitcoin market is very bed.in my opinion the market price really has been up quickly.i think the price go up and down like usual

Cryptrx

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Worlds Simplest Cryptocurrency Wallet

This right here is total misinformation, who told you you can't use bitcoin? We have seen thousands of places around the world where bitcoin is being accepted even thousands of bitcoin ATMs are out there so I don't see why anyone should say bitcoin has no use.

kickdapa

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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.

Agamenon

newbie

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WTF I bought a lot of stuff with Bitcoins... and works... and now... It´s not money? it´s a ponzi? Huh

OK...

Valhalaa

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Quote from: denmark00 on November 20, 2018, 08:18:52 PM

any clues about what you are saying? For me, bitcoin will soon be more stable and return bitcoin 10k$, please do not make others scare and leave bitcoin.

yeah same thought , bitcoin is stable , we must trust the holder and dont make any scare to investor just HODL
will rebound if we can hodl tight , some reason because hash war BCHSV AND ABC make me so annoyed so much

Topic: Don't buy bitcoin because it won't be fine - page 7. (Read 4749 times)