Imagine the day where everyone drops bitcoin! - page 5.

UIXID

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Quote from: bitbitP on August 02, 2018, 07:03:09 AM

Whats the point of bitcoin anyway? there's no way a normal person will be able to use it on a daily basis!
its not gold (to store for value)...

A normal person first of all needs to learn a lot of information about the crypto-currencies of their technologies and the purposes of their use. Then you will understand why bitcoin and its prospects are needed.

tuanytcc

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Quote from: bitbitP on August 02, 2018, 07:03:09 AM

Whats the point of bitcoin anyway? there's no way a normal person will be able to use it on a daily basis!
its not gold (to store for value)...

Now, people haven't used Bitcoin on a daily basis yet, but in the future, I beleive that Bitcoin and other Altcoins which have payment function will be used widely and daily

ginobitcoiner

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Quote from: bitbitP on August 02, 2018, 07:03:09 AM

Whats the point of bitcoin anyway? there's no way a normal person will be able to use it on a daily basis!
its not gold (to store for value)...

if one day everyone drops bitcoin, bitcoin will no longer be valuable, bitcoin will only become garbage.
bitcoin will only be a history of the type of digital currency and crypto type of currency

kolsernik

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I don't think that's gonna happen.Now there is a growing trend of storage of all cryptocurrencies and especially bitcoin.

Ravenangel

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Anything is possible in the cryptocurrency arena, but dropping BTC is one of the those that looks like a distant impossibility, the quality the coin has guarantees it a. Place up top that cannot be easily replaced. Maybe in the unfortunate event when the value crumbles suddenly of which cannot happen overnight

meanwords

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You're imagining the wrong side of coin. Imagine if all the people where to adopt cryptocurrency in our life. Life would be easier and that more possibilities would open for the population. The usage of Bitcoin is being simplified now. There are companies and stores that let you use Bitcoin for payment for bills and other credits without any hassle or line to attend. Bitcoin has become a necessity in my country that some people become more productive because of it. I think Bitcoin being dropped completely is unimaginable. You should have research even further so you could be enlightened for what Bitcoin could do to us.

ambisyon

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I don't think it will happen though since as far as I know, bitcoin is gradually improving it's worth as a currency and btc is now being used as a payment system globally. I think people should understand further and perhaps make a research to understand fully how bitcoin works before making any negative assumptions.

vixcious

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Quote from: bitbitP on August 02, 2018, 07:03:09 AM

Whats the point of bitcoin anyway? there's no way a normal person will be able to use it on a daily basis!
its not gold (to store for value)...

Bitcoin will not really go down as much as you say. You have been thinking negatively about it too much, let's think positive about crypto and give it confidence. Because this market needs the confidence of investors to be able to develop in the long run.
It's like the growth of the internet back then, hopefully people keep their positive opinions.

dhemasm

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Bitcoin is a real example of a decentralized system already implemented with blockchain and also it's works right? If bitcoin prices go fall i think its ok, what we need is the technology behind bitcoin itself, the blockchain. Just my opinion, Sorry for my bad english.

PeterTom

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Quote from: bitbitP on August 02, 2018, 07:03:09 AM

Whats the point of bitcoin anyway? there's no way a normal person will be able to use it on a daily basis!
its not gold (to store for value)...

I think that if this day comes (which I very much doubt), then there will be smart people who will buy all these cheap Bitcoins, then again to sell to the same people for expensive. This game in which you can play for a very long time, why destroy it now?

TheBiochemist

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Quote from: bitbitP on August 02, 2018, 07:03:09 AM

Whats the point of bitcoin anyway? there's no way a normal person will be able to use it on a daily basis!
its not gold (to store for value)...

Well it kind of is digital gold, and normal persons don´t use gold either, so it sure could work for storing value. Both gold and BTC are worth what we are willing to pay due to its scarcity and cost of mining it so there is nothing strange with such an usage for BTC.

If we only used FIAT and suddenly the inflation surfaced and no one wanted dollar, you would be able to use bitcoin easier then gold. It is hard to get change on 1 oz of gold compared to BTC, so it might become the best alternative in a near future. If the velocity picks up i would be glad to have some BTC not only air money aka FIAT

Peace

Bitico777

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That isn't possible. If there is no bitcoin, there will be no cryptocurrency. At least another 5 years.

NUnuasod

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Smart guys will never drop Bitcoin.

erickkyut

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Quote from: bitbitP on August 02, 2018, 07:03:09 AM

Whats the point of bitcoin anyway? there's no way a normal person will be able to use it on a daily basis!
its not gold (to store for value)...

Then why are you on this forum?! You don't believe in Bitcoin so there's no reason for you to be in this community! Bitcoin for us is better than Gold and has many functions that can even replace the current monetafy system. If you have nothing good to say about it, please don't make any nonsense post here.

Gaff

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Quote from: bitbitP on August 02, 2018, 07:03:09 AM

Whats the point of bitcoin anyway? there's no way a normal person will be able to use it on a daily basis!
its not gold (to store for value)...

For the meantime, we can't, because of global adoption had not been realized, the business establishment has a hesitation to accept any transaction regarding crypto but in the future, it can be achieved, using like a fiat in a daily basis.

boss82_big

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Quote from: bitbitP on August 02, 2018, 07:03:09 AM

Whats the point of bitcoin anyway? there's no way a normal person will be able to use it on a daily basis!
its not gold (to store for value)...

Well, even if this happens, it will happen that the BTU will only fall, it will not last forever so long as there will be good news and there will be growth up, it can certainly be delayed for a long time but always it will not fall.

iconoclast

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I don't think that Bitcoins inevitable demise will happen in a sudden moment of people dumping it. Remember there are people who bought bitcoiin when it was only a dollar and they will still be up 100 times their investment even if it drops to $100. I think it will be a lot more like the frog in pot of water on the stove and that Bitcoin will be slowly cooked by better coins that will gradually replace Bitcoin.

CAPTAINPLANET

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Big Brand Like Samsung are planning to adopt Blockchain Technology So no chance of dropping bitcoin in near future, Soon Bitcoin will work on our day to day life at list fro Some Country.

TungayETH

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I think this day is not far away, when people use bitcoin regular basis. Most of the country try to accept the digital currency. They want to make a solid policy that it will no contradiction with regular currency. I think very soon most of the country approve bitcoin than normal people can use it daily basis.

CryptoVal13

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BTC means much for our future, I think that when we will use it for daily services it will be cool, for now BTC for mostly those who just started crypto is illusional.

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