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Topic: Is bitcoin dead? - page 105. (Read 110801 times)

hero member
Activity: 826
Merit: 1000
May 08, 2015, 01:31:15 AM
Not dead more like broken/needs fixing
sr. member
Activity: 336
Merit: 250
May 07, 2015, 08:27:48 PM
no way.stop telling that bitcoin is dead coz it never could it just now started now we have to see it at 500$  ,  1000$ , 5000$ and even more its an train with low and high but it can't end so fast.just watch us $ as an example everyone told that it will be collapsed but still its running
hero member
Activity: 533
Merit: 500
May 07, 2015, 08:12:25 PM
Bitcoin has a very vibrant ecosystem, and I don't see it dying anytime soon, if ever. More and more businesses start accepting Bitcoin each day, and more and more users are adopting the currency.Even Paypal have started accepting Bitcoins. So I don't think it's dying.
hero member
Activity: 631
Merit: 500
May 07, 2015, 04:57:14 PM
Bitcoin is still a new concept to many of the countries. How can we just say that its dead. No, its not dead and never would be. Once people starts adopting it, again it would be in full fledged and gain the importance that it deserves so its too early to say that bitcoin is dead.
member
Activity: 70
Merit: 10
May 07, 2015, 08:00:07 AM
Bitcoin is already 6 years in the making, this will be never dead. There are now millions of users and it will grow up soon.
legendary
Activity: 1834
Merit: 1008
May 07, 2015, 07:22:21 AM
Bitcoin is just in rough position right now. Once more companies and governments accept the coin, it'll gradually stabilize.  Wink

I dont think it will be like that. Let say many companies using bitcoin as their other payment, but government they will not that easy accepted that because this bitcoin can't be controlled and goverment must take full control of it so it will be stabilize so I think it doesnt have a chance
legendary
Activity: 3248
Merit: 1070
May 07, 2015, 02:02:44 AM
At this point it is safe to say that the feel in the BTC community is the one i experienced with the Internet in the 80's, and look at it now.

- Mayer Amschel

but the internet was something really revolutionary(for that time) and essentially without competitors, meanwhile bitcoin has fiat as a competitor, and their only big difference is decentralization, and it seems that many don't care about this

i don't want to be pessimistic here, but it's not exactly the same situation

The Internet had competitors in the mostly state owned telephone companies. They had monopolies, for instance on the terminal equipment, company exchanges, laying cables across property limits, and so on. They invented e-mail systems, X.400, where you had to pay by the byte. You had to kneel down and kiss their feet to get the 56 kbit/s fixed lines that the Internet relied on. There were also private competitors to the TCP/IP protocol, mostly propretary, like Netware. There were also global providers with centralized message board servers. Not exactly the same, but the competitors were there. Then, as now, they lost because they did not understand the essense of the product,  basically, the freedom required to build a solid collaborative system with many actors. The IP protocol was an invention, as the blockchain, you could say that the blockchain is a bigger invention and that it has (will have) larger consequences for humanity.



yeah i thought about telephone, but i still see both as a different method of comunication(in fact telephone is still present today to a large degree)

instead i didn't know about those private company like Netware, but i think they were tiny in comparison to internet(even when internet was born)

it's not like comparing btc to usd, also bitcoin competitors are many, basically 1 for each state(each state has its own fiat)
member
Activity: 116
Merit: 10
-Credits (CRE) Miner/Enthusiast
May 07, 2015, 01:12:57 AM
Bitcoin is just in rough position right now. Once more companies and governments accept the coin, it'll gradually stabilize.  Wink
hero member
Activity: 784
Merit: 500
May 06, 2015, 06:22:27 PM
No, it's not dead. The technology that enables bitcoin and similar currencies is rock solid and will change many many things. I'll go far to say that Bitcoin-from the technology platform perspective,can't ever die. The idea of blockchain as a technology is here to stay,regardless of which crypto currency ultimately takes hold.
hero member
Activity: 826
Merit: 1000
May 06, 2015, 05:59:19 PM
Just keep in mind, thats its more needed for websites that need it esp accepting fiat, gambling sites.

The stall seems more of a correction in the market, then anything else. 2013 prices are the same as today before the whole exchange madness, so i feel like its normal. Real growth is what we need, like extension for bitlincense within this coming month and other news related to actual real investors to drop fiat.
legendary
Activity: 1512
Merit: 1005
May 06, 2015, 04:43:34 PM
Not dead, but it has a serious cough.
member
Activity: 84
Merit: 10
May 06, 2015, 04:30:48 PM
it's not dead, simply its growth has somehow stalled
full member
Activity: 195
Merit: 100
May 06, 2015, 03:44:42 PM
It depends on an individual. If he is using it then it is alive and if he is not using it its dead. So it would be really great if stop listening to the news around us and have belief in bitcoin that in near future it will be more stable and i will never believe that bitcoin is dead as i m a big fan of bitcoin  Smiley
legendary
Activity: 1512
Merit: 1005
May 06, 2015, 03:17:26 PM
At this point it is safe to say that the feel in the BTC community is the one i experienced with the Internet in the 80's, and look at it now.

- Mayer Amschel

but the internet was something really revolutionary(for that time) and essentially without competitors, meanwhile bitcoin has fiat as a competitor, and their only big difference is decentralization, and it seems that many don't care about this

i don't want to be pessimistic here, but it's not exactly the same situation

The Internet had competitors in the mostly state owned telephone companies. They had monopolies, for instance on the terminal equipment, company exchanges, laying cables across property limits, and so on. They invented e-mail systems, X.400, where you had to pay by the byte. You had to kneel down and kiss their feet to get the 56 kbit/s fixed lines that the Internet relied on. There were also private competitors to the TCP/IP protocol, mostly propretary, like Netware. There were also global providers with centralized message board servers. Not exactly the same, but the competitors were there. Then, as now, they lost because they did not understand the essense of the product,  basically, the freedom required to build a solid collaborative system with many actors. The IP protocol was an invention, as the blockchain, you could say that the blockchain is a bigger invention and that it has (will have) larger consequences for humanity.

legendary
Activity: 1456
Merit: 1002
May 06, 2015, 02:54:26 PM
Well its never going to be officially dead, cause theres actually a need for it in the illegal side of business.

Just like primedice with needing it, its also a huge thing for other online casinos that accept fiat form to move most of their money through this way so its more of a need for them. Which means theres going to always be a buy order.
legendary
Activity: 3248
Merit: 1070
May 06, 2015, 02:20:53 PM
At this point it is safe to say that the feel in the BTC community is the one i experienced with the Internet in the 80's, and look at it now.

- Mayer Amschel

but the internet was something really revolutionary(for that time) and essentially without competitors, meanwhile bitcoin has fiat as a competitor, and their only big difference is decentralization, and it seems that many don't care about this

i don't want to be pessimistic here, but it's not exactly the same situation
legendary
Activity: 868
Merit: 1006
May 06, 2015, 01:45:04 PM
Until there's a real case use for Btc in the world it won't rise i guess.. and the strenght of king dolla doesn't help. It's retracing now so we will see
There are tons of case uses for BTC right now. Opening a business, sending money overseas without fees, cashing out off ATM's without a bank account 24/7, and of course a great way to store wealth outside the system. Of course we need a better approach for average joes and whatnot.

And for every stage in the adoption, the bitcoin/society formula changes and new use cases open.
We still need to see average joes understanding the already existing use cases for BTC, most still see it as some strange internet money that people speculate with. With time we'll get there tho.
legendary
Activity: 1512
Merit: 1005
May 06, 2015, 12:16:11 PM
Until there's a real case use for Btc in the world it won't rise i guess.. and the strenght of king dolla doesn't help. It's retracing now so we will see
There are tons of case uses for BTC right now. Opening a business, sending money overseas without fees, cashing out off ATM's without a bank account 24/7, and of course a great way to store wealth outside the system. Of course we need a better approach for average joes and whatnot.

And for every stage in the adoption, the bitcoin/society formula changes and new use cases open.
hero member
Activity: 952
Merit: 1000
May 06, 2015, 12:13:26 PM
No. Bitcoin is growing and getting more important.
It's not just the Bitcoin. The issue is that global banking and payment systems is fundamentally broken. Bitcoin is merely one part of general set of financial technologies that will reshape the banking system.
legendary
Activity: 1358
Merit: 1014
May 06, 2015, 11:39:14 AM
Until there's a real case use for Btc in the world it won't rise i guess.. and the strenght of king dolla doesn't help. It's retracing now so we will see
There are tons of case uses for BTC right now. Opening a business, sending money overseas without fees, cashing out off ATM's without a bank account 24/7, and of course a great way to store wealth outside the system. Of course we need a better approach for average joes and whatnot.
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