Topic: I Am Getting Out of Bitcoin - page 2. (Read 2776 times)
People don't realize massive merchant adoption is a double edged sword. When they all dump straight to fiat to pay salaries, bills, etc., this is what happens
I feel Bitcoin is taking a big hit and people are getting bored with it. Mining is not profitable what so ever, people keep selling out, it seems the Rise and Rise of Bitcoin is turning into the Fall and Fall of Bitcoin. I am getting completely out of Bitcoin and transitioning to something more promising for the future. Some alternatives that have caught my attention are: Ripple & Stellar.
Whats your guys opinion about Bitcoin? Are you guys getting out and transitioning also? What other currencies are you looking into?
Finally some illustrated despair, get ready for the disbelief in a few month's time. Whats your guys opinion about Bitcoin? Are you guys getting out and transitioning also? What other currencies are you looking into?
btc is more accepted every day and on good way to become mainstream. i dont care if that down trend is caused by satoshi nakamoto dumping his coins, scared investors or anything else, it is buying time lol. sure i will not sell house and wife for it but most of free bucks will run thar way.
The second half of 2011 and first half of 2012 felt the same. Get over it.
Wrong time to sell out.
The price fluctuates up and down based on the market. It's down right now, but it will go back up as the market predicts.
BitCoin still has a few more years as the gold of crypto, but I don't thing it will stay as strong as it is now because as you said, Mining is becoming less and less profitable. Mining ends in like 2045, so who in the right mind will mine until then? I think markets will move more from a PoW to a PoS.
The price fluctuates up and down based on the market. It's down right now, but it will go back up as the market predicts.
BitCoin still has a few more years as the gold of crypto, but I don't thing it will stay as strong as it is now because as you said, Mining is becoming less and less profitable. Mining ends in like 2045, so who in the right mind will mine until then? I think markets will move more from a PoW to a PoS.
I do indeed agree with you... price will go up
Wrong time to sell out.
The price fluctuates up and down based on the market. It's down right now, but it will go back up as the market predicts.
BitCoin still has a few more years as the gold of crypto, but I don't thing it will stay as strong as it is now because as you said, Mining is becoming less and less profitable. Mining ends in like 2045, so who in the right mind will mine until then? I think markets will move more from a PoW to a PoS.
The price fluctuates up and down based on the market. It's down right now, but it will go back up as the market predicts.
BitCoin still has a few more years as the gold of crypto, but I don't thing it will stay as strong as it is now because as you said, Mining is becoming less and less profitable. Mining ends in like 2045, so who in the right mind will mine until then? I think markets will move more from a PoW to a PoS.
$1.2 million worth of bitcoins are being dropped in market on daily basis. We don't have buyers.
I've sold mine as well and I'll just watch it for few months and buy at $20
I've sold mine as well and I'll just watch it for few months and buy at $20
I think you might be waiting a lot longer for that to happen. Bitcoin wont go down that far. The only way is up this year. Have faith.
Now is not the time to get out.
Stick around.
We're still mid-cycle in the overall progressional development.
Stick around.
We're still mid-cycle in the overall progressional development.
$1.2 million worth of bitcoins are being dropped in market on daily basis. We don't have buyers.
I've sold mine as well and I'll just watch it for few months and buy at $20
I've sold mine as well and I'll just watch it for few months and buy at $20
We need a new digital currency that breaks apart from Bitcoin. Its kind of dumb to have everything depend on one thing.
It's here, they're launching 1.0 within a month & there's a chance this will topple Bitcoin, if it continues to be weak this year imo...
https://m.youtube.com/watch?v=fnunXnLdJdw&feature=youtu.be
Websites, launches etc. all being revamped atm. but it will all be pretty awesome soon.
You guys are living in a pipe dream. With no regulation it doesn't work. Any person with just a bit of common sense that gets scammed just once is done.
It has happened to more people by more scammers than anything I have ever seen in my lifetime and I am 48 so I have seen a lot. Unless you have a Federal Authority that will prosecute and help recover funds by protecting against fraud, it just won't work. I was in love with BTC until all of the scamming took place. At first it was bad but recoverable due to mining but now with zero profitability in mining the scambaggers are really at work. You have had companies with millions of dollars folding left and right with no remorse and no consequences.
We need a new digital currency that breaks apart from Bitcoin. Its kind of dumb to have everything depend on one thing.
It's here, they're launching 1.0 within a month & there's a chance this will topple Bitcoin, if it continues to be weak this year imo...
https://m.youtube.com/watch?v=fnunXnLdJdw&feature=youtu.be
Websites, launches etc. all being revamped atm. but it will all be pretty awesome soon.
You guys are living in a pipe dream. With no regulation it doesn't work. Any person with just a bit of common sense that gets scammed just once is done.
It has happened to more people by more scammers than anything I have ever seen in my lifetime and I am 48 so I have seen a lot. Unless you have a Federal Authority that will prosecute and help recover funds by protecting against fraud, it just won't work. I was in love with BTC until all of the scamming took place. At first it was bad but recoverable due to mining but now with zero profitability in mining the scambaggers are really at work. You have had companies with millions of dollars folding left and right with no remorse and no consequences.
A little premature I think because their is so much Bitcoin development on the cusp of being released. Multiple killer aps in 2015!
Here's a killer app for 2015...
https://twitter.com/enej_p/status/544902992399720450
I am getting completely out of Bitcoin and transitioning to something more promising for the future. Some alternatives that have caught my attention are: Ripple & Stellar.
Something more promising for the future can't be an altcoin can it? I'm not getting out of Bitcoin because there are individuals selling out, bowing to the man, attempting to integrate with the establishment. They can do what they want. You know what's best for you, if taking a financial loss will make you run to an altcoin, then what will happen when stellar fails?
laterzzzzzz.... I'll be thinking about you and everyone else like you when I sell 1 btc for 10k in the coming years.
A little premature I think because their is so much Bitcoin development on the cusp of being released. Multiple killer aps in 2015!
I'm curious, which planned apps are you banking on?
We need a new digital currency that breaks apart from Bitcoin. Its kind of dumb to have everything depend on one thing.
It's here, they're launching 1.0 within a month & there's a chance this will topple Bitcoin, if it continues to be weak this year imo...
https://m.youtube.com/watch?v=fnunXnLdJdw&feature=youtu.be
Websites, launches etc. all being revamped atm. but it will all be pretty awesome soon.
I like to see the enthusiasm! Glad to see the firm believers in Bitcoin still
Tragedy, isn't it? Straight line down whole year, and people didn't get it.Pump was over with MtGox.
Wrong time to sell out..
Goodbye !!
Goodbye !!
don't worry.. a lot of people will be coming back when it starts trending back up and becomes profitable again. right now, you can't really blame the people who want out as they are and will lose money in BTC right now.
Wrong time to sell out..
Goodbye !!
Goodbye !!
A little premature I think because their is so much Bitcoin development on the cusp of being released. Multiple killer aps in 2015!
BTC is not dead. just trending down. that's very natural when something is traded in an open market.
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