people killed the killer app for bitcoin!

rebuilder

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Quote from: JessicaSe on March 01, 2015, 05:52:57 AM

silkroad and other illegal markets are bad for bitcoin, it make people think that bitcoin is for illegal payment
and whenever govt shutdown such sites that give negative impact to bitcoin and its price crash

Illicit payments are clearly a niche cryptocurrency is much better suited to than centrally controlled payment methods. How many applications can you list that Bitcoin is better suited for than government currency right now?

redsn0w

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#Free market

The real killerApp is oraclize (based on orisi), and new sidechains function and the possibility to decentralized a lot of the life aspects/relationship with the government.

neoneros

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I can draw your avatar!

Bitcoin will not go to the moon, people need to wake up. Bitcoin might grow and become the currency that replaces fiat and opens up a truly global economy. Wanting bitcoin to go to the moon is only nice if you want to clutch to the old fiat value and cash out and earn by trading nothing but currencies. That is what traders want, not what is good for bitcoin.

JessicaSe

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silkroad and other illegal markets are bad for bitcoin, it make people think that bitcoin is for illegal payment
and whenever govt shutdown such sites that give negative impact to bitcoin and its price crash

koelen3

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Sooner or later, a man who wears two faces forgets

Quote from: dothebeats on February 25, 2015, 11:43:51 AM

Quote from: AtheistAKASaneBrain on February 25, 2015, 11:19:01 AM

Quote from: networthsigns on February 25, 2015, 10:51:53 AM

You're kind of wrong on it ! that's good thing that silk road got shutdown

How is it wrong?
It's neither good or bad, it's what it is. Bitcoin is true free market, stuff like SilkRoad is going to happen.

As long as there's money involved, a similar entity like the SilkRoad will always emerged. And there are no central authority that regulates bitcoin after all, so things like this will always occur in the bitcoin ecosystem.

Yeah and there's no stopping it either and why would we stop it , bad or good , it will spread the bitcoin and we can't do anything so just sit and enjoy the show

networthsigns

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Quote from: AtheistAKASaneBrain on February 25, 2015, 11:19:01 AM

Quote from: networthsigns on February 25, 2015, 10:51:53 AM

You're kind of wrong on it ! that's good thing that silk road got shutdown

How is it wrong?
It's neither good or bad, it's what it is. Bitcoin is true free market, stuff like SilkRoad is going to happen.

Something is allowed doesn't always mean it is good .

dothebeats

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Cashback 15%

Quote from: croato on February 25, 2015, 11:10:45 AM

I dont think silk road was killer app in first place, they bring lot of bad publicity to Bitcoin.

Even if SilkRoad brought bad publicity to bitcoin, it still has some positive implications we could look into. Bitcoin once served as the medium of trade in the deep web, particularly in the SilkRoad. So bitcoin served its purpose in the SilkRoad, and that is, to act as medium of trade, or currency as to what others may say. But yeah, SR brought bad pr to bitcoin but still it served something good in the bitcoin economy.

dothebeats

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Quote from: AtheistAKASaneBrain on February 25, 2015, 11:19:01 AM

Quote from: networthsigns on February 25, 2015, 10:51:53 AM

You're kind of wrong on it ! that's good thing that silk road got shutdown

How is it wrong?
It's neither good or bad, it's what it is. Bitcoin is true free market, stuff like SilkRoad is going to happen.

As long as there's money involved, a similar entity like the SilkRoad will always emerged. And there are no central authority that regulates bitcoin after all, so things like this will always occur in the bitcoin ecosystem.

dothebeats

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Cashback 15%

Quote from: ChuckBuck on February 25, 2015, 11:05:56 AM

Quote from: ?? on ??

No Silkroad is not what Bitcoin needs to go to the moon, Bitcoin has the killer app and it's built in and thats the blockchain. Proof of transactions and sending of wealth without a third party.

This to the trillionth power. The Blockchain IS Bitcoin's killer app.

Financial institutions, banksters, and tech giants alike are trying to figure out how to pry the Blockchain invention away from Bitcoin to benefit them.

http://blogs.wsj.com/digits/2014/10/27/ubs-cio-blockchain-technology-can-massively-simplify-banking/

http://insidebitcoins.com/news/the-billion-dollar-bank-hack-how-long-until-bankers-adopt-blockchain-technology/29937

http://www.coinbuzz.com/2015/01/17/ibm-samsung-learn-bitcoin-develop-p2p-network/

And guess what? They can't take away bitcoin's killer app. One does not simply figure out how to figure out the fundamentals of the blockchain to take it away from bitcoin. Tech giants? Financial institutions? You can always try, but the truth is, you can't (at least for the time being). Who knows, they can still figure it out, but the question is when?

AtheistAKASaneBrain

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Quote from: networthsigns on February 25, 2015, 10:51:53 AM

You're kind of wrong on it ! that's good thing that silk road got shutdown

How is it wrong?
It's neither good or bad, it's what it is. Bitcoin is true free market, stuff like SilkRoad is going to happen.

LiteCoinGuy

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In Satoshi I Trust

what is the killer app of the internet? alot of stuff, i cant pick one.

croato

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I dont think silk road was killer app in first place, they bring lot of bad publicity to Bitcoin.

ChuckBuck

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better everyday ♥

Quote from: ?? on ??

No Silkroad is not what Bitcoin needs to go to the moon, Bitcoin has the killer app and it's built in and thats the blockchain. Proof of transactions and sending of wealth without a third party.

This to the trillionth power. The Blockchain IS Bitcoin's killer app.

Financial institutions, banksters, and tech giants alike are trying to figure out how to pry the Blockchain invention away from Bitcoin to benefit them.

http://blogs.wsj.com/digits/2014/10/27/ubs-cio-blockchain-technology-can-massively-simplify-banking/

http://insidebitcoins.com/news/the-billion-dollar-bank-hack-how-long-until-bankers-adopt-blockchain-technology/29937

http://www.coinbuzz.com/2015/01/17/ibm-samsung-learn-bitcoin-develop-p2p-network/

EFS

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Crypto Swap Exchange

We have OpenBazaar but it's still in beta phase.

networthsigns

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You're kind of wrong on it ! that's good thing that silk road got shutdown

cuddaloreappu

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Everybody search for a killer app for bitcoin to go to moon,
but truth is the killer app already existed, but people killed it and are now wondering what will be the killer app for bitcoin..
Its the Silkroad market

Topic: people killed the killer app for bitcoin! (Read 1331 times)