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Topic: fall of bitcoin Necessary............bitcoin is a threat For the dollar - page 3. (Read 2513 times)

member
Activity: 112
Merit: 100
The fall  of the dollar is necessary since it is a terrible form of money. It can be changed, but Bitcoin cannot be. Also BTC has a scarce amount. The dollar will fall, as it continues to fail.
The dollar currency is getting more and more inflation everywhere and this really should not happen in this financial market. I think if Bitcoin can replace USD then surely this will be the historical revolution of mankind because for the first time a virtual currency can dominate all markets.
sr. member
Activity: 896
Merit: 253
I don't think bitcoin is going to fall, but I agree that it is necessary for bitcoin to correct a bit, to shrug off weak hands, and start heading towards new highs. I do not think bitcoin is a threat for the dollar..
That's quite true, a correction is always needed if an asset's value increases way too much in a short span of time. The correction is done so that the assets value increases with more stability and others get a chance to buy it a market price. Bitcoin is at reasonable price now and I think many are buying it these days.
Bitcoin is never a threat to dollar, not only dollar but any currency. People who say its a threat should look at the technology it has and the way it runs.
Yes the correction in the market is always there that's why it give chance to the investors to buy at the cheapest price after the coin reached new price high but because of that correction it also lead to make a panic move in the market because of the weak hands.
full member
Activity: 308
Merit: 100
Presale is live!
The fall  of the dollar is necessary since it is a terrible form of money. It can be changed, but Bitcoin cannot be. Also BTC has a scarce amount. The dollar will fall, as it continues to fail.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
I don't think bitcoin is going to fall, but I agree that it is necessary for bitcoin to correct a bit, to shrug off weak hands, and start heading towards new highs. I do not think bitcoin is a threat for the dollar..
That's quite true, a correction is always needed if an asset's value increases way too much in a short span of time. The correction is done so that the assets value increases with more stability and others get a chance to buy it a market price. Bitcoin is at reasonable price now and I think many are buying it these days.
Bitcoin is never a threat to dollar, not only dollar but any currency. People who say its a threat should look at the technology it has and the way it runs.
legendary
Activity: 2464
Merit: 1145
Bitcoin is not a threat to the dollar like cars were not a threat to horses. When something is no match, it is not a threat, but a revolution.
That is beautifully stated
Its regulators who need to bow down and adapt, not other way around.
legendary
Activity: 966
Merit: 1042
People must understand that Bitcoin isn't anymore the plaything that it was years ago. Every exchange will face difficulties if they don't properly register their activities - especially when it comes to allowing people to exchange/trade crypto versus USD. If an exchange isn't willing to go through whatever is needed to be allowed to run a platform that involves USD, it will experience what BTC-E has gone through, what Bitfinex is, or will go through, Poloniex, etc. BTC-E however is reported to be involved in the MtGox theft back in the days. I don't like the government shutting exchanges down, but in case of BTC-E, if they are really one of the master mind behind the MtGox theft, may all involved entities burn in hell.

Yep. The wild west has a sheriff now. It's time to get used to it. If an exchange decides they aren't going to bother with regulations they'll be shut down very quickly.
full member
Activity: 183
Merit: 100
I don't think bitcoin is going to fall, but I agree that it is necessary for bitcoin to correct a bit, to shrug off weak hands, and start heading towards new highs. I do not think bitcoin is a threat for the dollar..
full member
Activity: 868
Merit: 151
Governments will close down bitcoin and cryptocurrencies if they get too big, warns Jamie Dimon

https://www.cnbc.com/2017/09/22/bitcoin-jpmorgans-jamie-dimon-lays-into-bitcoin-again.html

I think this is what exactly government would also be thinking if you look from Government perspective. When every country have their own currency why will they also something which is not much in their control and still its called currency. Might be a real big country if bans it others may just follow as they will get a reason to do the same.
member
Activity: 115
Merit: 10
Get your share of the future
btc e.com closed

All exchange sites started cheating

bad commentaire  in  poleinex ( more than 35 days no Reply from support)

New scams  in lot of sitetrade and exchange exchange


In the end .......Things are not safe... all   can lose all his money in scammer site trade

You must stop little not all Smiley investing in this currency           
There is no probkem with this currency,  the problem is on that exchange site. 
legendary
Activity: 1232
Merit: 1091
Governments will close down bitcoin and cryptocurrencies if they get too big, warns Jamie Dimon

https://www.cnbc.com/2017/09/22/bitcoin-jpmorgans-jamie-dimon-lays-into-bitcoin-again.html

I wouldn't be that much worried about this, because we gladly don't have a world filled with countries such as China prohibiting anything they can't control. At worst, I see significant regulations being put to work in order for the government to have at least some degree of control, which is basically unavoidable if we're completely honest. Back in the days we could do anything we wanted, but with the crypto market growing and growing, we'll be facing quite some serious effects of governments wanting to see what's going on. Nowadays its almost impossible to deposit/withdraw fiat without any verification due to KYC and AML and such. I am fairly sure that this is just the beginning -- at some point this verification will also be required when you just try to deposit/withdraw crypto currencies.
full member
Activity: 302
Merit: 100
Presale is live!
Bitcoin is not a threat to the dollar like cars were not a threat to horses. When something is no match, it is not a threat, but a revolution.
sr. member
Activity: 2366
Merit: 332
well well well well....that why everyone kept repeating it over and over again.....it a risk and you are advice to always keep you coin in your personal wallet unless you are ready to trade...be advice and reduce the risk of losing everything when an exchange closed.....the legal battle can be another headaches 

You have a valid point, I think is not wise to throw up everything you have into trade but small percentage because closure of exchange site and the legal battle... Is going to be really funny that is if they have "license " to make matter worse.
legendary
Activity: 2030
Merit: 1030
Privacy is always important
Governments will close down bitcoin and cryptocurrencies if they get too big, warns Jamie Dimon

https://www.cnbc.com/2017/09/22/bitcoin-jpmorgans-jamie-dimon-lays-into-bitcoin-again.html
I think it can be only happen in country china. not here in other country.. Honestly why we care about china.. since bitcoin is decentralized we do not need china to support bitcoin if their government don't let people to trade or ban china it is ok we don't need them..
We can hold our bitcoin safety even the price are getting low i can hold them and sell them for the right time ..
Jamie Dimon is already announce this for a long time..

but bitcoin are still level at 3k value.
sr. member
Activity: 1176
Merit: 286
Governments will close down bitcoin and cryptocurrencies if they get too big, warns Jamie Dimon

https://www.cnbc.com/2017/09/22/bitcoin-jpmorgans-jamie-dimon-lays-into-bitcoin-again.html
sr. member
Activity: 1176
Merit: 286
JPMorgan CEO Jamie Dimon says bitcoin is a 'fraud' that will eventually blow up

nbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html

Jamie Dimon is a fraud that will eventually blow up. He created that fake news and bought the dip himself. What a guy. Can't wait to see his systems get hacked.


He was bought lot of bitcoin at 3000 usd

JPMorgan CEO Jamie Dimon  You must sell your bitcoin  Grin
It will fall  because it needs correction at 1800usd ----2000usd  Grin Grin
You may sell later at  2000 usd  Grin Grin Grin Grin
sr. member
Activity: 630
Merit: 251
Then stop trading. That is all the answer you need.
Why tell people to stop using this currency. Not all of us here have the same experience as you did or your friend that tells you it is not good.
People trade at their own risk. They want faster money so they look for more options on how to make their coins grow in a faster way. No one told you here that you should do that. As I also invite more people I just say to buy bitcoin not go risk it more in trading. If you lose some then why leave your coins in an exchange?
yes you can express your feelings but don't say stop using it. People are using it at their own risk even I also tell people to invest on bitcoins. but I will tell them first you study about this bitcoin if you like invest or else no. you are right you don't like to lose your bitcoins means don't use it in trading just hold in your wallet you will get profit
Risk is always there either in business or in physical, the legality of bitcoin often make it some non-acceptable in our society. Just like you I always telling people about bitcoins and asking them haven’t they started in it? More methods of getting profits are here. Just need to open your eyes.

legendary
Activity: 1456
Merit: 1005
Then stop trading. That is all the answer you need.
Why tell people to stop using this currency. Not all of us here have the same experience as you did or your friend that tells you it is not good.
People trade at their own risk. They want faster money so they look for more options on how to make their coins grow in a faster way. No one told you here that you should do that. As I also invite more people I just say to buy bitcoin not go risk it more in trading. If you lose some then why leave your coins in an exchange?
yes you can express your feelings but don't say stop using it. People are using it at their own risk even I also tell people to invest on bitcoins. but I will tell them first you study about this bitcoin if you like invest or else no. you are right you don't like to lose your bitcoins means don't use it in trading just hold in your wallet you will get profit
full member
Activity: 285
Merit: 100
JPMorgan CEO Jamie Dimon says bitcoin is a 'fraud' that will eventually blow up

nbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html

This is comical because he has skin in the crypto game more than you would believe. He bought the dip like crazy so don't listen to this guy for a second. He's invested in blockchain tech as well!
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
Then stop trading. That is all the answer you need.
Why tell people to stop using this currency. Not all of us here have the same experience as you did or your friend that tells you it is not good.
People trade at their own risk. They want faster money so they look for more options on how to make their coins grow in a faster way. No one told you here that you should do that. As I also invite more people I just say to buy bitcoin not go risk it more in trading. If you lose some then why leave your coins in an exchange?
sr. member
Activity: 253
Merit: 250
JPMorgan CEO Jamie Dimon says bitcoin is a 'fraud' that will eventually blow up

nbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html

Jamie Dimon is a fraud that will eventually blow up. He created that fake news and bought the dip himself. What a guy. Can't wait to see his systems get hacked.
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