Topic: If Bitcoin fails.. - page 5. (Read 9519 times)
I have learned that patience is a virtue.
I learned investing principle and economics knowledge. 
That if I'm going to invest in risk ventures it should be in low % of my basket and in very early stages. 
It's already succeeded. Cryptocurrency is here to stay.
Now it is too early to discuss, but it's the price of a bad situation.
the reason bitcoin could fail is that only nerds and drug dealers use it .. the mom and pops around the world don't give a fuck
even young people I talk to could care less about bitcoin .. they love their paypal and credit cards .. stupid little shits
even young people I talk to could care less about bitcoin .. they love their paypal and credit cards .. stupid little shits
You are on to something. Bitcoin will only succeed if there is adoption by society. Right now, people seem satisfied with debit/credit cards, paypal, etc. People don't see why they should change what they are currently using and move to Bitcoin, especially since Bitcoin continues to fall in value.
In theory, this would seem to be the case. But in reality, the bigger corporate adoption = a shitload more coins being dumped into the market daily from companies instantly cashing in their btc's and not wanting to risk losing their ass from price volatility.
In essence, bitcoin is flawed and doomed because of this. It's a catch 22, really. Bitcoin was a novel idea with great 'idealistic' virtues which would work perfectly in a PERFECT world. Unfortunately, some things just work out better on paper than in practice.
Bitcoin is now really only a haven for neckbeards, fraudsters, and investors/shorters/flippers. And usually when you see a forum reply, you know who falls into which of the above categories.
Shorter?
the reason bitcoin could fail is that only nerds and drug dealers use it .. the mom and pops around the world don't give a fuck
even young people I talk to could care less about bitcoin .. they love their paypal and credit cards .. stupid little shits
even young people I talk to could care less about bitcoin .. they love their paypal and credit cards .. stupid little shits
You are on to something. Bitcoin will only succeed if there is adoption by society. Right now, people seem satisfied with debit/credit cards, paypal, etc. People don't see why they should change what they are currently using and move to Bitcoin, especially since Bitcoin continues to fall in value.
In theory, this would seem to be the case. But in reality, the bigger corporate adoption = a shitload more coins being dumped into the market daily from companies instantly cashing in their btc's and not wanting to risk losing their ass from price volatility.
In essence, bitcoin is flawed and doomed because of this. It's a catch 22, really. Bitcoin was a novel idea with great 'idealistic' virtues which would work perfectly in a PERFECT world. Unfortunately, some things just work out better on paper than in practice.
Bitcoin is now really only a haven for neckbeards, fraudsters, and investors/shorters/flippers. And usually when you see a forum reply, you know who falls into which of the above categories.
the reason bitcoin could fail is that only nerds and drug dealers use it .. the mom and pops around the world don't give a fuck
even young people I talk to could care less about bitcoin .. they love their paypal and credit cards .. stupid little shits
even young people I talk to could care less about bitcoin .. they love their paypal and credit cards .. stupid little shits
You are on to something. Bitcoin will only succeed if there is adoption by society. Right now, people seem satisfied with debit/credit cards, paypal, etc. People don't see why they should change what they are currently using and move to Bitcoin, especially since Bitcoin continues to fall in value.
the reason bitcoin could fail is that only nerds and drug dealers use it .. the mom and pops around the world don't give a fuck
even young people I talk to could care less about bitcoin .. they love their paypal and credit cards .. stupid little shits
even young people I talk to could care less about bitcoin .. they love their paypal and credit cards .. stupid little shits
If Bitcoin may hit a very low bottom in value (with regard to the $), I don't think it has failed though.
It brought me a lot of knowledge, and it showed what trust can do for a currency. (Think about this with the Euro, the Dollar etc..). It also brought the importance of decentralization to the light. It's going to be a start for a lot of new technologies for sure! But let's hope it won't be just that, let's hope the coin will be a true currency the following years too!
It brought me a lot of knowledge, and it showed what trust can do for a currency. (Think about this with the Euro, the Dollar etc..). It also brought the importance of decentralization to the light. It's going to be a start for a lot of new technologies for sure! But let's hope it won't be just that, let's hope the coin will be a true currency the following years too!
If Bitcoin fails now it's because the system isn't ready for the idea. No alternative will take it's place in "2 seconds" as someone said...maybe in a long time from now but not immediately. It'll take a lot of time for the system, people, to become comfortable with the idea of alternative currency. And there's always the chance that Governments will put an end to it, potentially by driving the price down to make it appear worthless.
If BTC fails don't worry, NXT is ready to take its place.
Just be sure you already hold some before SHTF.
Just be sure you already hold some before SHTF.
haha NXT is going nowhere fast like all the other alts
My thoughts exactly, but obviously these bagholders have their own agenda and need to pump up their coins and spread fud in times of bitcoin instability.
keep selling please, I want it cheaper
I learned greed is basic characteristic of social people.
nah. I learned 90% of people are super friendly, willing to share and cooperate. the rest are greedy fucks who ruin it for everyone.
If BTC fails don't worry, NXT is ready to take its place.
Just be sure you already hold some before SHTF.
Just be sure you already hold some before SHTF.
haha NXT is going nowhere fast like all the other alts
A lessons learned list to make a technically superior bitcoin. The reason for Bitcoin's potential future failure can be added to that list too.
That could be Ethereum.
However, the biggest problem right now, is conversion from fiat (fuck the regulators) and scammers (fuck them scammers) and those will not go away with any crypto.
Acceptance would have to become much better and getting into crypto much easier.
I've learned that threads like these bring out the fail in people. /thread
If BTC fails don't worry, NXT is ready to take its place.
Just be sure you already hold some before SHTF.
Just be sure you already hold some before SHTF.
not only that one actually
good alts will be BOOMING in general!
I actually don't worry at all ... i think all the bitcoin-fascism is annoying as hell.
More diversity won't hurt - quite the opposite
Yep, Peercoin is also in line, the original POS
.If BTC fails don't worry, NXT is ready to take its place.
Just be sure you already hold some before SHTF.
Just be sure you already hold some before SHTF.
not only that one actually
good alts will be BOOMING in general!
I actually don't worry at all ... i think all the bitcoin-fascism is annoying as hell.
More diversity won't hurt - quite the opposite
and after it has failed we will enter a stage where you can make money all year long - not only in 2 weeks every 4 years.
I for one welcome the fail with open arms.
And a lot of good memes will come from it too.
If BTC fails don't worry, NXT is ready to take its place.
Just be sure you already hold some before SHTF.
Just be sure you already hold some before SHTF.
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