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Topic: Is bitcoin a failed experiment? - page 4. (Read 1041 times)

legendary
Activity: 3304
Merit: 1202
February 29, 2020, 06:52:35 PM
#84
Again FUD on Bitcoin ? I think I saw to much FUD to actually believe that Bitcoin is an experiment gone wrong or a fail one. Bitcoin purpose is the same as before and just because the price is sitting duck for now , doesn't mean it won't rise again or that the tech is not used anymore because contrary of what are you saying the truth is the opposite because more and more brands are implementing Bitcoin as a payment gateway and furthermore the adoption is still on the rise.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
February 29, 2020, 06:28:47 PM
#83
Today I'm thinking of selling my BTC even though it would be a big loss right now I've been with BTC a while and used to the volitility but this time I believe it's different

I was a believer in BTC and the future of crypto I believed having 1 or more BTC was a smart thing to do that many would look back in 10 to 20 years wishing they'd bought some when it was still obtainable by the regular Joe.

Now I feel that BTC will trend down hitting sub 1 dollars prices possibly even 0 over the next 12 to 18 months. the current coronavirus outbreak has been BTCs first real test and it failed hard and failed immediately. It's not a store of wealth and its failure to hold value in a economic down turn is spectacular and visible to all.  Today I think BTC is a failed experiment. What are your thoughts?
Considering the success bitcoin was able to reach, I don't think we can consider it anymore as a failed experiment. If it was a failure, then it would have ended up way back and was not able to remain at the top for so long. With the upcoming bitcoin halving, we should be wiser on what we are doing with our bitcoin. The halving would surely boost up bitcoin's value so it would be best if we are going to set ourselves ready for it and make the most from it. It would be best to try than to regret if ever the said circumstance would happen.
People dont think up this thing specially for those who do tell that bitcoin is a bad project or going to be dead or any other negative words thrown at it without even realizing or to look back in past 10 years on how this thing withstand all of the challenges from bad reputation thru legal aspects but still its standing as of this moment and indeed remain on the top and with that alone it does already prove out that this coin isnt something that can be easily treat of as a failed or useless one.This is why its better to ignore those words that wont really be that relevant or doesnt help out and just giving out bad vibes on the entire community.
full member
Activity: 1093
Merit: 103
February 29, 2020, 06:03:40 PM
#82
I believe that bitcoin has all the prerequisites in order to become an international cryptocurrency.  And first of all, bitcoin deserves attention due to the fact that it will protect any person from dehydration of his savings, since fiat funds become cheaper every year, and goods become more expensive.  The magnitude of inflation is astounding and Bitcoin can fix this problem.
member
Activity: 83
Merit: 15
February 29, 2020, 04:25:42 PM
#81
Bitcoin is still young to make any conclusions about it. So it can't be called "failed experiment". Bitcoin's price is continuously growing despite high volatility.

In any case it can't be a failed experiment now with so many people behind it, either developing or just supporting it. Considering the massive community behind Bitcoin I'd say it's far from being a "failed" anything. Even with price corrections and people panic selling, the more experienced holders know better than to just sell
full member
Activity: 1638
Merit: 122
February 29, 2020, 01:26:36 PM
#80
Today I'm thinking of selling my BTC even though it would be a big loss right now I've been with BTC a while and used to the volitility but this time I believe it's different

I was a believer in BTC and the future of crypto I believed having 1 or more BTC was a smart thing to do that many would look back in 10 to 20 years wishing they'd bought some when it was still obtainable by the regular Joe.

Now I feel that BTC will trend down hitting sub 1 dollars prices possibly even 0 over the next 12 to 18 months. the current coronavirus outbreak has been BTCs first real test and it failed hard and failed immediately. It's not a store of wealth and its failure to hold value in a economic down turn is spectacular and visible to all.  Today I think BTC is a failed experiment. What are your thoughts?
Considering the success bitcoin was able to reach, I don't think we can consider it anymore as a failed experiment. If it was a failure, then it would have ended up way back and was not able to remain at the top for so long. With the upcoming bitcoin halving, we should be wiser on what we are doing with our bitcoin. The halving would surely boost up bitcoin's value so it would be best if we are going to set ourselves ready for it and make the most from it. It would be best to try than to regret if ever the said circumstance would happen.

it wasnt totally a failure but it only faces many obstabcles and hindrances especially on the past but bitcoin is just strong and look where it at now ? somehow succesful but not totally because bitcoin is still not acceptable on some societies and its characteristic is also not perfect  . 

anyways thats us , we are a believer at first but suddenly our beliefs changed , it could be because of a single mistake or any other reasons  so i cant directly blame the op if what did he acted on here  .
sr. member
Activity: 756
Merit: 268
February 29, 2020, 01:03:39 PM
#79
Today I'm thinking of selling my BTC even though it would be a big loss right now I've been with BTC a while and used to the volitility but this time I believe it's different

I was a believer in BTC and the future of crypto I believed having 1 or more BTC was a smart thing to do that many would look back in 10 to 20 years wishing they'd bought some when it was still obtainable by the regular Joe.

Now I feel that BTC will trend down hitting sub 1 dollars prices possibly even 0 over the next 12 to 18 months. the current coronavirus outbreak has been BTCs first real test and it failed hard and failed immediately. It's not a store of wealth and its failure to hold value in a economic down turn is spectacular and visible to all.  Today I think BTC is a failed experiment. What are your thoughts?
Considering the success bitcoin was able to reach, I don't think we can consider it anymore as a failed experiment. If it was a failure, then it would have ended up way back and was not able to remain at the top for so long. With the upcoming bitcoin halving, we should be wiser on what we are doing with our bitcoin. The halving would surely boost up bitcoin's value so it would be best if we are going to set ourselves ready for it and make the most from it. It would be best to try than to regret if ever the said circumstance would happen.
sr. member
Activity: 868
Merit: 333
February 29, 2020, 12:57:52 PM
#78
Today I'm thinking of selling my BTC even though it would be a big loss right now I've been with BTC a while and used to the volitility but this time I believe it's different
Are you serious? After getting used to it and realizing that it would be a big loss on your side, you're still thinking that way.
I was a believer in BTC and the future of crypto I believed having 1 or more BTC was a smart thing to do that many would look back in 10 to 20 years wishing they'd bought some when it was still obtainable by the regular Joe.
You are a believer, but you don't trust it enough. After its price suddenly drops, you are now thinking that it will continue further.
Now I feel that BTC will trend down hitting sub 1 dollars prices possibly even 0 over the next 12 to 18 months. the current coronavirus outbreak has been BTCs first real test and it failed hard and failed immediately. It's not a store of wealth and its failure to hold value in a economic down turn is spectacular and visible to all.  Today I think BTC is a failed experiment. What are your thoughts?
You just feel that its price will go down without any analysis nor investigation about where its price will fall in the next couple of months.

If you think that BTC is a failure, you will regret thinking that way in the future.
sr. member
Activity: 882
Merit: 303
February 29, 2020, 12:35:47 PM
#77
Today I'm thinking of selling my BTC even though it would be a big loss right now I've been with BTC a while and used to the volitility but this time I believe it's different

I was a believer in BTC and the future of crypto I believed having 1 or more BTC was a smart thing to do that many would look back in 10 to 20 years wishing they'd bought some when it was still obtainable by the regular Joe.

Now I feel that BTC will trend down hitting sub 1 dollars prices possibly even 0 over the next 12 to 18 months. the current coronavirus outbreak has been BTCs first real test and it failed hard and failed immediately. It's not a store of wealth and its failure to hold value in a economic down turn is spectacular and visible to all.  Today I think BTC is a failed experiment. What are your thoughts?

I guess your experience in crypto is like what your rank here in the forum. All I can say is Stay for much longer then Thank me later. Wink
jr. member
Activity: 42
Merit: 3
February 29, 2020, 12:18:48 PM
#76
Today I'm thinking of selling my BTC even though it would be a big loss right now I've been with BTC a while and used to the volitility but this time I believe it's different

I was a believer in BTC and the future of crypto I believed having 1 or more BTC was a smart thing to do that many would look back in 10 to 20 years wishing they'd bought some when it was still obtainable by the regular Joe.

Now I feel that BTC will trend down hitting sub 1 dollars prices possibly even 0 over the next 12 to 18 months. the current coronavirus outbreak has been BTCs first real test and it failed hard and failed immediately. It's not a store of wealth and its failure to hold value in a economic down turn is spectacular and visible to all.  Today I think BTC is a failed experiment. What are your thoughts?
It is still a smart thing to do. Hold your coins before its too late. Just because the price is falling now, does not mean that it is going to keep on falling forever. Look at the stock markets. The are declining too! The fall of this price isn't as bad as the stock market crash. The 15% drop you are talking about took place in last few weeks. This is not fair, if you compare the price in this way. Look at the long run price increase. We are more than 120% above if you compare the price with last year.

You're not hearing what this person is saying.  BTC FAILED.  Miserably.  When it should have mattered most, it failed.  The theology behind the purpose of BTC as an alternate currency when the world is breaking down was proved to be a false theology.  BTC and crypto is a gamblers game.  It'll never be anything more than that.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
February 29, 2020, 11:59:24 AM
#75
Today I'm thinking of selling my BTC even though it would be a big loss right now I've been with BTC a while and used to the volitility but this time I believe it's different

I was a believer in BTC and the future of crypto I believed having 1 or more BTC was a smart thing to do that many would look back in 10 to 20 years wishing they'd bought some when it was still obtainable by the regular Joe.

Now I feel that BTC will trend down hitting sub 1 dollars prices possibly even 0 over the next 12 to 18 months. the current coronavirus outbreak has been BTCs first real test and it failed hard and failed immediately. It's not a store of wealth and its failure to hold value in a economic down turn is spectacular and visible to all.  Today I think BTC is a failed experiment. What are your thoughts?
It is still a smart thing to do. Hold your coins before its too late. Just because the price is falling now, does not mean that it is going to keep on falling forever. Look at the stock markets. The are declining too! The fall of this price isn't as bad as the stock market crash. The 15% drop you are talking about took place in last few weeks. This is not fair, if you compare the price in this way. Look at the long run price increase. We are more than 120% above if you compare the price with last year.
hero member
Activity: 1456
Merit: 501
DGbet.fun - Crypto Sportsbook
February 29, 2020, 10:50:02 AM
#74
I don't know why or people think Bitcoin is a failed experiment while the fact is Bitcoin is this coin is alive up till now and compare to the other alt's existed this is the most adopted for more several years so for this we can call it that Bitcoin is a huge success since I'm sure that you are earning with this to and without bitcoins we don't have an alternative ways to earn.
Negative ingredients and those who want others to sell bitcoin cheaply are an integral part of this market, so I'm not surprised at the sources that bitcoin is a product, a failed experiment, these people are just trying to create more fake information, hitting the weak mentality of others, ignoring their information is the best way for us to reduce doubts and not to worry. Regardless of what bitcoin is in life and in the marketplace, we should agree on the fact that this product offers too much profit, the fact has responded and proved the value and success of bitcoin
jr. member
Activity: 168
Merit: 2
mada mada dane
February 29, 2020, 07:12:05 AM
#73
Dear OP,
The moment you heard about Bitcoin, got interested in it, bought it and even registered here in the group is proof that Bitcoin is NOT a failed experiment. It has been around for more than a decade and continuously evolving for the crypto community.  

I think it isn't BTCs fault why the coronavirus keeps spreading, there are still other reasons why the virus keeps existing.
Anyway, cryptocurrency, especially the rates is always a roller coaster ride, it isn't always upward. If you are someone who gets stressed easily because the market is all red then investing in cryptocurrency is not for you. Better find some ways to invest your hard-earned money in something that you're always comfortable, where you think you won't suffer a loss, I am not sure though if that kind of investment does exist. Good luck!
hero member
Activity: 2828
Merit: 518
February 29, 2020, 06:39:43 AM
#72
Today I'm thinking of selling my BTC even though it would be a big loss right now I've been with BTC a while and used to the volitility but this time I believe it's different

I was a believer in BTC and the future of crypto I believed having 1 or more BTC was a smart thing to do that many would look back in 10 to 20 years wishing they'd bought some when it was still obtainable by the regular Joe.

Now I feel that BTC will trend down hitting sub 1 dollars prices possibly even 0 over the next 12 to 18 months. the current coronavirus outbreak has been BTCs first real test and it failed hard and failed immediately. It's not a store of wealth and its failure to hold value in a economic down turn is spectacular and visible to all.  Today I think BTC is a failed experiment. What are your thoughts?
How disappointed you are mate and trying to tell something different from my experience. I don't know how hard you become a Bitcoiner and then just easily quit and slip to that kind of negativity. Yeah, it was of big different trend compared before but I can't see that Bitcoin is a sinking boat instead, we are just like a skyrocket moving high and high every year.

Too bad to think of you that you are coward to face the risk that you've been in a while. I understand that crypto investment isn't in your comfort zone...and yeah, it is better you decide to quit earlier before you suffer more losses.
legendary
Activity: 3178
Merit: 1054
February 29, 2020, 04:09:23 AM
#71
Another FUD? Really? The price fell down in an instant, so what? It fell way lower in the past and I don't really care. Coronavirus has nothing to do with the price changes that are happening and if you really are supporting bitcoin, you should know that. That bitcoin is not a failed experiment, if you really support bitcoin, from profit or not you will be there.
if it is said that the experiment failed, I think from the beginning of the establishment of bitcoin, the price will not rise to the present. especially now that bitcoin is traded a lot on the stock market, and many brokers provide pairs. I think fud is a common thing in trading, for those who are already profitable it will sell it and will buy it back at a cheap price.

from the very beginning BTC is actually just an experiment and i think the dev planned to reset it but miners continue to mine and never stopped so its just how it is. they didn't reboot it. but its just nonsense to see BTC will be worth ZERO after 12-18months. many people had bought BTC when it touches the $3k since it was assumed to be the bottom. ZERO is just too much of a fud.
legendary
Activity: 3374
Merit: 1824
February 29, 2020, 03:58:44 AM
#70
I think it is only those who are unsuccessful in crypto investment that uses to call bitcoin a failure experiment. Bitcoin are a decade of legacy and it is continuing to show good performance in the market. Since it is started, it makes several investors got rich by its popularity. So i think it is never to be a failure experiment.

In fact, I'm sure that all people who joined crypto market at least 2 or 3 years ago are already in profit.
All others should simple wait and hold their funds and they will be in profit soon.
In any market we have the same rule : "don't sell cheap" 😁
Patience is the key and it's really to early to proclaim that bitcoin is a failed experiment. 
sr. member
Activity: 1638
Merit: 300
February 28, 2020, 07:56:36 PM
#69
Another FUD? Really? The price fell down in an instant, so what? It fell way lower in the past and I don't really care. Coronavirus has nothing to do with the price changes that are happening and if you really are supporting bitcoin, you should know that. That bitcoin is not a failed experiment, if you really support bitcoin, from profit or not you will be there.
newbie
Activity: 20
Merit: 0
February 28, 2020, 07:31:31 PM
#68
Often people like that invest for the first time, because anyone with experience understands that investing has risks. You look like a typical Bitcoin beginner. They have been doing it with gold and silver for years, but if they can show that the price of Bitcoin is unreliable, it will help them issue their crypto replacement for a failed fiat system. Bitcoin has been here for more than 10 years and won't come close to the price of 1 USD or USD. In your eyes (who hopes to become rich overnight by buying bitcoin) it looks like a failed experiment because you never bother to find out why bitcoin was made in first place. don't worry you're not the first person to make this mistake and lose a lot of money in short-term trading trying to make a profit from daily fluctuations.
legendary
Activity: 1666
Merit: 1196
STOP SNITCHIN'
February 28, 2020, 06:38:19 PM
#67
the current coronavirus outbreak has been BTCs first real test and it failed hard and failed immediately.

Real test of what? What does an epidemic have to do with the price of bitcoins?

I see consistently growing activity on the network, more than 300,000 transactions per day at the moment. I also see increasing consumer usage, as well as consistently climbing mining difficulty.

Not to mention that Bitcoin has been running with virtually zero downtime for more than a decade. Failed experiment? I think not!
hero member
Activity: 2520
Merit: 783
February 28, 2020, 06:25:07 PM
#66
I don't know why or people think Bitcoin is a failed experiment while the fact is Bitcoin is this coin is alive up till now and compare to the other alt's existed this is the most adopted for more several years so for this we can call it that Bitcoin is a huge success since I'm sure that you are earning with this to and without bitcoins we don't have an alternative ways to earn.
member
Activity: 61
Merit: 14
February 28, 2020, 06:09:55 PM
#65
I think that Bitcoin is the best that has been done for the global economy and I also willow that bitcoin is the future. Sooner or later, Fiat will disappear, and cryptocurrency will reach a new level. Investing in cryptocurrency means securing your future. The main problem is that people want profit right away, and give up when the price of cryptocurrencies drops. Investing in cryptocurrencies is not for wimps, you need to have patience. In vain you decided to sell Bitcoin, you will be very upset if the price rises again, and this will definitely happen  Smiley Wink
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