i underestimate bitcoin before the hard fork last aug. 1 i have doubt that bitcoin will increase its value as of this day for update 1BTC = 4633.33. and base on speculation and prediction bitcoin price will close enough to 5k dollars after a month or this year. We can say that "MANY" people underestimate bitcoin as they dont know its value and uses. we bitcoiner are just a small part of the world who know bitcoin and other crypto. so we need to spread the words.
everyone does not expect what's happening right now. bitcoin prices change and move very positive. it is very likely that we will see another rise in the future. surely many people who regret not to buy bitcoin when the price is still below 3000USD before segwit in early August. 
Topic: Have we underestimated Bitcoin? - page 3. (Read 3068 times)
I been listening a lot of conversation that dont believe in BTC, BTC will fail, Bla Bla Bla....
Don't underestimate Bitcoin. People have underestimated the BTC
since the beginning of creation.
But those who have patiently kept the BTC from the beginning only have realized the true meaning of BTC
It Is true that The BTC has been very problematic But You need to realize also that It has been able to solve those problems very quickly.
Don't underestimate Bitcoin. People have underestimated the BTC
since the beginning of creation.
But those who have patiently kept the BTC from the beginning only have realized the true meaning of BTC
It Is true that The BTC has been very problematic But You need to realize also that It has been able to solve those problems very quickly.
That right, as many people hate it that, much also people love it but should be sure to bitcoin will get success in the future with a high price.
i underestimate bitcoin before the hard fork last aug. 1 i have doubt that bitcoin will increase its value as of this day for update 1BTC = 4633.33. and base on speculation and prediction bitcoin price will close enough to 5k dollars after a month or this year. We can say that "MANY" people underestimate bitcoin as they dont know its value and uses. we bitcoiner are just a small part of the world who know bitcoin and other crypto. so we need to spread the words.
Its not that people underestimate it... Whats happening right now is that its hard for the average Joe to "pick up" the technology - it's still not very user friendly - Think about it, electronic wallets, cryptography, signed transactions, blockchain... its too much info at once
I used to underestimate bitcoin because of an event. but I now know why bitcoin is the best. and I will never experience the same mistake.
Me too, I underestimate bitcoin and sells each time I gain profit, but bitcoin has proven something, now I won't hesitate to invest even more after witnessing everyrhing that happens to bitcoin this past months.
Some people sttonlgy believes bitcoin will be an immortal thing. They're talking about holding them for 15-20 years. This is actually not realistic. We need to define a selling point to liquidify our profit came from bitcoin. I underestimate bitcoin as only profit.
Some people (0not us) underestimate bitcoin as it the transaction is way to slow and transaction fee is way to high. But the technology is ivolving innovating and ulgrading as difference developer want to solve out problem in bitcoin. Ops you have a good point it is very true that some people underestimate bitcoin because as i know they think bitcoin will reach it full potential and it will gone away soon but bitcoin is first of it kind other altcoin are depended on it. Bitcoin need a little upgrade
I been listening a lot of conversation that dont believe in BTC, BTC will fail, Bla Bla Bla....
Don't underestimate Bitcoin. People have underestimated the BTC
since the beginning of creation.
But those who have patiently kept the BTC from the beginning only have realized the true meaning of BTC
It Is true that The BTC has been very problematic But You need to realize also that It has been able to solve those problems very quickly.
Don't underestimate Bitcoin. People have underestimated the BTC
since the beginning of creation.
But those who have patiently kept the BTC from the beginning only have realized the true meaning of BTC
It Is true that The BTC has been very problematic But You need to realize also that It has been able to solve those problems very quickly.
Some of the most common critiques of Bitcoin are: "it's too slow" or "the blockchain is getting too big". Sure newer coins offer faster tech, more sophisticated algorithms that are ASIC resistant, and so on. Let me ask you this - do you ever ride the old train in your city? Do you sit on the train and wonder why they don't put in a new superconducting train instead? We use the old train and it's no wonder because it works. Don't fix something that isn't broken, haven't we all learned that the hard way? And if it breaks down, surely it will be cheap to repair. Besides, what do you think cost more to complete, the train itself or clearing the path and laying the tracks? Bitcoin has value because it is a store of currency that will appreciate AND because it's just there. How can you buy the hottest new altcoin? Directly with fiat? You must but BTC from a Bitcoin exchange, then trade it on an altcoin exchange.
So often I see people saying "we are in a bubble" and "when the bubble bursts..." - but weren't these people saying the same thing when BTC made a huge push up to 2,700? Maybe we simply underestimated Bitcoin. Remember, Bitcoin is the first of its kind. We can't really look to history to predict how it will be valued like we can with other things.
So before you sell your coins, ask yourself this: how long has the old train been running in your city?
So often I see people saying "we are in a bubble" and "when the bubble bursts..." - but weren't these people saying the same thing when BTC made a huge push up to 2,700? Maybe we simply underestimated Bitcoin. Remember, Bitcoin is the first of its kind. We can't really look to history to predict how it will be valued like we can with other things.
So before you sell your coins, ask yourself this: how long has the old train been running in your city?
One of the best lines I've heard here. 😇
I have some knowledge on the magnetic levitation trains because I've studied electrical engineering. It works and the idea is promising but yes this is true. Unless this maglev can handle the everyday transportation of thousands of people and non stop from 8-10 we won't use it because the technology is still in it's improvement. And I wonder why people is thinking that Bitcoin might be old and might fade as the technology improves. Of course it will so are etherium and other cryptocurrencies, but we have the reply protection right? Where we can have a new coins same as the amount of our bitcoins. We all know that BTC has it's downfall especially traffic's when the blockchain is being too crowded and we're continuously thinking of a way to get through this and that's the important thing. I will be leaving this technology if I can't feel them making their best but as what I can see this is worth fighting for.
Some of the most common critiques of Bitcoin are: "it's too slow" or "the blockchain is getting too big". Bitcoin has value because it is a store of currency that will appreciate AND because it's just there. How can you buy the hottest new altcoin? Directly with fiat? You must but BTC from a Bitcoin exchange, then trade it on an altcoin exchange.
So often I see people saying "we are in a bubble" and "when the bubble bursts..." - but weren't these people saying the same thing when BTC made a huge push up to 2,700? Maybe we simply underestimated Bitcoin. Remember, Bitcoin is the first of its kind. We can't really look to history to predict how it will be valued like we can with other things.
The size of block chain will always increase but that does not bother a common user unless you are running a node since a user could make use of light weight wallets, another point is that you could purchase alt coins with fiat currency and most of them with ETH , hope you have not seen the ICO that are popping up every now and then So often I see people saying "we are in a bubble" and "when the bubble bursts..." - but weren't these people saying the same thing when BTC made a huge push up to 2,700? Maybe we simply underestimated Bitcoin. Remember, Bitcoin is the first of its kind. We can't really look to history to predict how it will be valued like we can with other things.
If you look at history any product or commodity or stock that has a sudden increase in value will burst eventually ,bitcoin showed that once in its initial rally. I used to underestimate bitcoin because of an event. but I now know why bitcoin is the best. and I will never experience the same mistake.
May i ask which event made you to underestimate your hope about bitcoin because since this valuation started the price was booming until it came crashing and since then we are having a gradual push ,we might see rallies on both positive and negative sides but hold onto your coins for the long haul and make a good profit. I used to underestimate bitcoin because of an event. but I now know why bitcoin is the best. and I will never experience the same mistake.
Me too, I underestimate bitcoin and sells each time I gain profit, but bitcoin has proven something, now I won't hesitate to invest even more after witnessing everyrhing that happens to bitcoin this past months.
I know some people don't believe all BTC value and process for getting and keeping cryptocurrency thus came back to us in latest time to sell BTC late them eat fingers.
Anyone would be hesitant in accepting a new monetary system. People are always skeptical when it comes to money. Initially trusting Bitcoin was not easy. It was highly speculative and volatile asset with very less user base. People are still skeptical about Bitcoin today. It need to have somewhat bigger user base to finally gain trust among people. Bitcoin is indeed moving towards that direction.
At first, I underestimate it and hesitating me if i will try this or not. I said to my self that I should trust and try it .
I used to underestimate bitcoin because of an event. but I now know why bitcoin is the best. and I will never experience the same mistake.
Me too, I underestimate bitcoin and sells each time I gain profit, but bitcoin has proven something, now I won't hesitate to invest even more after witnessing everyrhing that happens to bitcoin this past months.
I used to underestimate bitcoin because of an event. but I now know why bitcoin is the best. and I will never experience the same mistake.
I get the analogy you're getting at but to be honest: yes, when I sit on the old train of our city I've been thinking about why our government won't buy a new superconducting train instead. The old train works but it brings more discomfort than convenience to the public. The repairs made were of little help and I think that getting a new train is the only solution.
Anyway, I get were you're getting at despite having different thoughts about the analogy you've made. I have the same sentiments for those who make discouraging remarks and theorizing that Bitcoin is a bubble. A lot of people don't believe in it and have their doubts, but I don't regret the investments I've made on it. I guess some people just can't help but cling to security and assurance.
Anyway, I get were you're getting at despite having different thoughts about the analogy you've made. I have the same sentiments for those who make discouraging remarks and theorizing that Bitcoin is a bubble. A lot of people don't believe in it and have their doubts, but I don't regret the investments I've made on it. I guess some people just can't help but cling to security and assurance.
Some of the most common critiques of Bitcoin are: "it's too slow" or "the blockchain is getting too big". Sure newer coins offer faster tech, more sophisticated algorithms that are ASIC resistant, and so on. Let me ask you this - do you ever ride the old train in your city? Do you sit on the train and wonder why they don't put in a new superconducting train instead? We use the old train and it's no wonder because it works. Don't fix something that isn't broken, haven't we all learned that the hard way? And if it breaks down, surely it will be cheap to repair. Besides, what do you think cost more to complete, the train itself or clearing the path and laying the tracks? Bitcoin has value because it is a store of currency that will appreciate AND because it's just there. How can you buy the hottest new altcoin? Directly with fiat? You must but BTC from a Bitcoin exchange, then trade it on an altcoin exchange.
So often I see people saying "we are in a bubble" and "when the bubble bursts..." - but weren't these people saying the same thing when BTC made a huge push up to 2,700? Maybe we simply underestimated Bitcoin. Remember, Bitcoin is the first of its kind. We can't really look to history to predict how it will be valued like we can with other things.
So before you sell your coins, ask yourself this: how long has the old train been running in your city?
Bitcoin has not and will never be underestimated because the price would sky rocket, all you should keep it mind is that the bitcoin is a currency that could lose half of its value overnight and can also gain almost double of its value back in a day So often I see people saying "we are in a bubble" and "when the bubble bursts..." - but weren't these people saying the same thing when BTC made a huge push up to 2,700? Maybe we simply underestimated Bitcoin. Remember, Bitcoin is the first of its kind. We can't really look to history to predict how it will be valued like we can with other things.
So before you sell your coins, ask yourself this: how long has the old train been running in your city?
Bitcoin is here to stay. It will grow and grow and grow, no one knows until when. Some say that it will grow until 10000, other say that it will grow until 50000, other say that it will grow until 100000. Bitcoin is the new toy of everyone and makes everyone that has it, happy. It is 6 years old, and because of this it took the entire world by surprise. A surprise very big that made people to ask, where is its value going to increase.
the sky is the limit? But value is assign by people, market, buy n trader.
Bitcoin is here to stay. It will grow and grow and grow, no one knows until when. Some say that it will grow until 10000, other say that it will grow until 50000, other say that it will grow until 100000. Bitcoin is the new toy of everyone and makes everyone that has it, happy. It is 6 years old, and because of this it took the entire world by surprise. A surprise very big that made people to ask, where is its value going to increase.
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