Indeed imho: F*** Y**
Bitcoin is TEH future <:
Topic: In the long run, bitcoin will be worth $0. - page 4. (Read 6708 times)
fuck dude you posted this in speculation and in newbie forums....where else!>!>!>
?? ARE YOU KIDDING ME!!! OK FUCK THIS IM IGNORING YOUR FUD AND ABSOLUTE ANNOYING ASS!!!!!!!!
I like smoothie and proudhon WAY more than your bull shit.
edit: he took it down off the newbie section....cuz its not there and there would be a "moved to such and such location"
?? ARE YOU KIDDING ME!!! OK FUCK THIS IM IGNORING YOUR FUD AND ABSOLUTE ANNOYING ASS!!!!!!!! I like smoothie and proudhon WAY more than your bull shit.
edit: he took it down off the newbie section....cuz its not there and there would be a "moved to such and such location"
Ok one more to go to my ignore list 
And I thought NikolaTesla was wise guy...
And I thought NikolaTesla was wise guy...
http://en.wikipedia.org/wiki/Risk_management
http://www.investopedia.com/articles/pf/07/risk_tolerance.asp
The Bitcoin exchange rate is not zero at the time of this posting. What are the threats that could push it to zero? Each individual must assess their own risk tolerance and act accordingly.
Ignorance of or denying threats is not smart.
http://www.investopedia.com/articles/pf/07/risk_tolerance.asp
The Bitcoin exchange rate is not zero at the time of this posting. What are the threats that could push it to zero? Each individual must assess their own risk tolerance and act accordingly.
Ignorance of or denying threats is not smart.
In the long run we are all dead. So yes, bitcoin will worth nothing.
In long run we all will die. And $ too.
Most likely bitcoin will reach $ XX,XXX before 0.
Most likely bitcoin will reach $ XX,XXX before 0.
I can't believe the number of people who think that something made for today's technology and economic structure will last forever. I'm sure paper money was once thought to be impossible to do without.
Tesla I used to to like you.
Bitcoin got here first, it's designed to be uncrackable, and it is very very young. Alternatives are all just knock offs, and as such, I do not believe Bitcoin will die so easily. Unlike the VHS, Bitcoin scales.
Perhaps once the last bitcoin is mined we will have some issues, perhapes sooner, but I think you're wrong on this one. (Edit: I could say the U.S. is going to collapse one day and not be a country anymore and be 100% correct but does that mean everyone in the U.S. should abandoned ship?)
It could be $0 one day, but then again, it could be $10,000
Anyways I expect it to last at least 10 years at minimum, but who knows. Satoshi is still out there right? If he ever creates "Bitcoin 2.0" I'll jump the boat for the founder.
Bitcoin got here first, it's designed to be uncrackable, and it is very very young. Alternatives are all just knock offs, and as such, I do not believe Bitcoin will die so easily. Unlike the VHS, Bitcoin scales.
Perhaps once the last bitcoin is mined we will have some issues, perhapes sooner, but I think you're wrong on this one. (Edit: I could say the U.S. is going to collapse one day and not be a country anymore and be 100% correct but does that mean everyone in the U.S. should abandoned ship?)
It could be $0 one day, but then again, it could be $10,000
Anyways I expect it to last at least 10 years at minimum, but who knows. Satoshi is still out there right? If he ever creates "Bitcoin 2.0" I'll jump the boat for the founder.
There's 4 threads on the Spec forum by NikolaTesla, each one is FUD.
Just a few days ago he made a thread complaining about how people who get out spam the forum with FUD. Now I guess he sold his position at a bad spot.
I guess the more shit-slinging there is in the speculation forum, the more people are desperate to buy back in.
Just a few days ago he made a thread complaining about how people who get out spam the forum with FUD. Now I guess he sold his position at a bad spot.
I guess the more shit-slinging there is in the speculation forum, the more people are desperate to buy back in.
Each one except for this one. Saying something is FUD doesn't make it so. I can't see how bitcoin wont be outgrown at some point.
how many threads is this guy going to put if you know and speculate so much you must have a lot off money ha?(sarcastic)
(sarcastic) 
There's 4 threads on the Spec forum by NikolaTesla, each one is FUD.
Just a few days ago he made a thread complaining about how people who get out spam the forum with FUD. Now I guess he sold his position at a bad spot.
I guess the more shit-slinging there is in the speculation forum, the more people are desperate to buy back in.
Just a few days ago he made a thread complaining about how people who get out spam the forum with FUD. Now I guess he sold his position at a bad spot.
I guess the more shit-slinging there is in the speculation forum, the more people are desperate to buy back in.
Of course something will supplant bitcoin. There will be situations for which we need monetary transactions for which we can't yet plan, since they don't exist. But there'll be need for a replacement crypto currency at some point, I think that's a given. Not any current alt coin, but something that fill a gap that may not exist for a couple of hundred years.
At that point there will be plenty of speculation about the new currency and people will trade btc for it - some going long and some going short.
I fail to see why this is a problem, or why the OP is troll.
At that point there will be plenty of speculation about the new currency and people will trade btc for it - some going long and some going short.
I fail to see why this is a problem, or why the OP is troll.
click -> report to moderator
reason: ANNOYING
How are any of the bitcoin clones significantly better than bitcoin?
Most of them are exactly the same with a trivial change that is arguably better (or worse) than bitcoin. I don't see a single advantage to any altcoin over bitcoin.
Most of them are exactly the same with a trivial change that is arguably better (or worse) than bitcoin. I don't see a single advantage to any altcoin over bitcoin.
It is just like bitcoin
"..except it's an offshoot that uses a different method of mining than bitcoin (scrypt) that has it's own advantages and disadvantages."
Seems like a pretty sound explanation to me. Why wouldn't they just be able to say that?
because nobody would be interested, talking about bubbles is much better
It is just like bitcoin
"..except it's an offshoot that uses a different method of mining than bitcoin (scrypt) that has it's own advantages and disadvantages."
Seems like a pretty sound explanation to me. Why wouldn't they just be able to say that?
masses would run over water to understand it
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It is just like bitcoin
"..except it's an offshoot that uses a different method of mining than bitcoin (scrypt) that has it's own advantages and disadvantages."
Seems like a pretty sound explanation to me. Why wouldn't they just be able to say that?
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It's all fun and games until somebody loses an eye
Betamax was a superior technology than VHS but it never took off
+1
it's all about adoption and what is a standard. I don't see the media talking about litecoin do ya?
Not always the best makes it to the most adopted.
I think bitcoin will have upgrades to make it lightweight and more efficient, hell I even think that a branch of bitcoin maybe something like bitcoinX/bitcoin 2.0 whatever you want to call it will take over and people will be able to transform their old bitcoins to the new version of the coins for free or something.
How would the media even talk about litecoin? "Have you heard of the new up-and-coming electronic currency system, Litecoin? It is just like bitcoin, but with a different name and not as many people use it. If you don't know about bitcoin, here is how it works ..."
Why would somebody from Silicon Valley / Economist be better than the current developers of BTC/LTC/etc?
It's a good moment to destroy crypto currencies (not exchanges), lots of people looking at this.
Problem is, I still can see them hence they are worth much more than 0.
So, what's your real analysis based on?
It's a good moment to destroy crypto currencies (not exchanges), lots of people looking at this.
Problem is, I still can see them hence they are worth much more than 0.
So, what's your real analysis based on?
This isn't intended to be another spam thread, this is real analysis.
Eventually the world will adopt a crypto-currency. That's just where technology is headed and where we are evolving. It won't, however, be bitcoin. Bitcoin was a good experiment while it lasted, but through experimenting with it it's shown its weaknesses, weaknesses that other crypto's have already made headway in correcting, just without wide adoption.
Eventually, a new crypto that isn't currently in existence will be developed by a counsel of cryptographers and industry professionals from silicon valley but more importantly will also be directed by the advice of economists, not just computer scientists. This new crypto will be widely endorsed in silicon valley and will take the world by storm, eventually becoming the exclusive currency of most online retailers and will be known as the internet currency (as if the internet were its on country / economy). As surely as I write this, this will happen, and when it does, all other crypto's including bitcoin will become obsolete. Sure, they'll still be collected as vintage items for their sentimental value the way old NES games are still collected. But mining them will be easy enough that they'll have no real value.
Eventually the world will adopt a crypto-currency. That's just where technology is headed and where we are evolving. It won't, however, be bitcoin. Bitcoin was a good experiment while it lasted, but through experimenting with it it's shown its weaknesses, weaknesses that other crypto's have already made headway in correcting, just without wide adoption.
Eventually, a new crypto that isn't currently in existence will be developed by a counsel of cryptographers and industry professionals from silicon valley but more importantly will also be directed by the advice of economists, not just computer scientists. This new crypto will be widely endorsed in silicon valley and will take the world by storm, eventually becoming the exclusive currency of most online retailers and will be known as the internet currency (as if the internet were its on country / economy). As surely as I write this, this will happen, and when it does, all other crypto's including bitcoin will become obsolete. Sure, they'll still be collected as vintage items for their sentimental value the way old NES games are still collected. But mining them will be easy enough that they'll have no real value.
Just like Friendster is going to make a comeback and take out Facebook.
Btw, do you work for Ripple? (IMHO, also like Friendster in this analogy)
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