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Topic: The FALL OF BITCOIN - page 39. (Read 322377 times)

newbie
Activity: 30
Merit: 0
May 11, 2018, 11:49:44 AM
#89
hope it'll rise soon.
member
Activity: 392
Merit: 11
May 11, 2018, 11:32:21 AM
#88
Bitcoin as a medium of investment is the major reason it attract investors and traders to play with it. If it was let alone the payment system functions of bitcoins,then people would choose more convenient and secured one like western union, moneygram or even bank swift transfers.
full member
Activity: 588
Merit: 106
May 11, 2018, 11:31:29 AM
#87
if I think more about bitcoin and altcoin, what you write here is true. crypto currency does not work on track. all just the greed of big financiers. they are price manipulation. this is not a currency. but crypto coins are a commodity. should regulation of crypto currency be created. so crypto currency does not lose its main function. today people see crypto currency as a means of investment, not currency.
newbie
Activity: 30
Merit: 0
May 11, 2018, 11:27:29 AM
#86
Yes, I believe cryptocurrency will continue to evolve.  Development, adoption, application and its community.  We have seen from this past years that cryptocurrency keeps on improving and even created a user friendly apps to be able to simplify its use and let users enjoy their services even more.  Though some are lagging in development (Bitcoin), they will for sure catch up once they are good to go for the implementation of their updates to compete agaisnt the more advanced new cryptocurrencies. Hope it will rise.
full member
Activity: 350
Merit: 100
May 11, 2018, 11:17:15 AM
#85


We have to remember that compared to the fiat money, Bitcoin is actually just young and the way I see it the dust has not yet settled on it and in fact we are just getting started. We have to give Bitcoin and the market more time as the whole process can take a lot of time and years before we can conclude that Bitcoin is a big success or just another failed man-made venture. Unfortunately, no system can ever kill greed...but the blockchain technology can somehow minimize the side-effects of greed. For as long as we are humans and not yet angels, greed will always be a part of us and in all industries (even the religious ones) greed will always be there. As a payment system, that is where things are slow in development but I can see that soon there will be new changes on this aspect as there are really people working hard to test new ideas for Bitcoin. As an investment tool, just like the physical gold, there is nothing wrong with that as we are giving people the choice on what to do with their Bitcoin...this is an open market anyway.
I perfectly agree with your assertion. Bitcoin is pretty young compared to fiat money and cannot be judge with precision now that bitcoin has failed  or succeded. We need to exercise some patience to see what bitcoin has to offer. Again people cannot be coerced on how to use their bitcoins; they have liberty to use or hold.
newbie
Activity: 224
Merit: 0
May 11, 2018, 10:59:58 AM
#84
I don't think that will bitcoin even die but a lot of coins depend on BTC rate so I think all cryptocyrrency can die because of its instability.
sr. member
Activity: 742
Merit: 251
PRIVATE FEDERATED BLOCKCHAIN
May 07, 2018, 09:27:09 AM
#83
The real use of bitcoin as a payment system is not just a fantasy, I am sure that it will happen in the future after we're setting everything and all country is accepted bitcoin. and I think the pump and the dump will always happen in the cryptocurrencies and it will make the price still changing every time and I think we can get the profit from this. I am sure that in the future, many people will use bitcoin and they will agree that bitcoin can become a new system payment in their real life and online life.
I strongly agree with you, bitcoin in the future will bring the world of the internet and the real world, I'm sure bitcoin users are now 90% achieve real success, 10% of them are victims of panic
sr. member
Activity: 454
Merit: 251
May 07, 2018, 09:22:27 AM
#82
It is very sad to say that a technology like this would come to a big tragedy
Bitcoin has the potential to be great but it has become a weapon of Greed

The real use of bitcoin as a payment system is just a fantasy
But what happens in reality, it is just a pump and dump coin like the rest

The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

A currency is something that can be used for daily basis rather than just an investment
majority of people who buy bitcoin is just for investment and not used as a payment itself

Never the less
HAIL HYDRA!

Well, bitcoin is not supposed to be use as an another mode of payment though, who have said that? There are no such thing existing saying that bitcoin was supposed to be use a payment, bitcoin is dynamic and we users of it is the one who would decide what we and what we should do to bitcoin, definitely because is decentralize and it does not meant for a single head decision.
hero member
Activity: 2128
Merit: 520
May 07, 2018, 09:15:55 AM
#81
The real use of bitcoin as a payment system is not just a fantasy, I am sure that it will happen in the future after we're setting everything and all country is accepted bitcoin. and I think the pump and the dump will always happen in the cryptocurrencies and it will make the price still changing every time and I think we can get the profit from this. I am sure that in the future, many people will use bitcoin and they will agree that bitcoin can become a new system payment in their real life and online life.
Being positive will allow us to trust the system more, with how we treat bitcoin and allow more newbies to understand the real use of this coins will bring more people to start investing with project, if this chain will be adopted and use in a casual ways of payment system then we will see how bigger that this coin can be in a near future though most of the holders treat it as an asset and not as a currency to use for sure sooner or later they will understand the importance of using and the cycle of this currency to grow more.
legendary
Activity: 1596
Merit: 1026
May 07, 2018, 09:14:38 AM
#80

You are right most of the people using bitcoin as an investment not an currency.
'Investment'??  When you take away all the functionality - that has already been done - the network becomes a mere Ponzi scheme where late buyers are throwing their money into the profits of early exits.  

Now that Blockstream have nullified all the function of Bitcoin, Buffet is right.  But, fortunately we have Bitcoin Cash which is the real Bitcoin anyway and the functionality was restored.  That network is growing and looks good for the future.  Price will come up soon.

I don’t think this is the time to say that bitcoin is falling.
Not 'falling' - Failing!  Bitcoin is failing.
member
Activity: 168
Merit: 16
“Revolutionizing Brokerage of Personal Data”
May 07, 2018, 09:13:05 AM
#79
I don’t think this is the time to say that bitcoin is falling. Everyday, people who uses bitcoin is increasing. Investments are also increasing like a virus. And a lot of people are working for bitcoin. I might say that this conclusion is still early to predict. You haven’t seen the full bloom of btc. Probably when the right “season” comes.
jr. member
Activity: 147
Merit: 1
Best Social Media services
May 07, 2018, 09:10:36 AM
#78
That's sad and true. Bitcoin were a true fantasy in 2017 for gains. Now it's getting harder and harder to gain profits and the hodl doesn't work anymore!
newbie
Activity: 350
Merit: 0
May 07, 2018, 08:59:43 AM
#77
Fall of bitcoin that is true factor . All the world know that . I also have some question in my mind , why its fall . This think when people don't think about its prize and withdraw unexpectedly very much Bitcoin Fall. Some time its depend on some new that bitcoin will fall, no body don't want to loss there money so they make a panik sale move. But in future btcoin will be our future , Thnaks.
hero member
Activity: 994
Merit: 544
May 07, 2018, 08:23:17 AM
#76
The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

USDT and Tether are the same thing. And actually USDT is looking more like scam because nobody knows how much money they have or do they have any money to back up their USDT constant printing.
Most other coins are actually using blockchain in the right way, but most of them are still a startups without a real product, so it will take time before we can see a real use of these coins.
Bitcoin will eventually become something like "digital gold", i doubt that it would be used for everyday payments, but more likely be used for savings.

I doubt that USDT is the onlycryptocurrency that is using the blockchain technology the right way. Also what is the definition of using the blockchain in the right manner. All of the functioning coins are using the blockchain technology that proper and its the reason why we can monitor the transactions being made. USDT is somehow troublesome with the fact that it is only being backed up by Tether Limited and we do not know if they are just making more tethers without the exact dollar equivalent. The company issued 2.2 billion USDT on the OMNI network and the question is do they have a 2.2 billion US dollars at the banks so they can declare that 1 USDT is equivalent to 1 US dollars.
full member
Activity: 434
Merit: 110
May 06, 2018, 04:50:44 AM
#75
The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

USDT and Tether are the same thing. And actually USDT is looking more like scam because nobody knows how much money they have or do they have any money to back up their USDT constant printing.
Most other coins are actually using blockchain in the right way, but most of them are still a startups without a real product, so it will take time before we can see a real use of these coins.
Bitcoin will eventually become something like "digital gold", i doubt that it would be used for everyday payments, but more likely be used for savings.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
May 06, 2018, 04:20:43 AM
#74
The real use of bitcoin as a payment system is not just a fantasy, I am sure that it will happen in the future after we're setting everything and all country is accepted bitcoin. and I think the pump and the dump will always happen in the cryptocurrencies and it will make the price still changing every time and I think we can get the profit from this. I am sure that in the future, many people will use bitcoin and they will agree that bitcoin can become a new system payment in their real life and online life.
jr. member
Activity: 112
Merit: 1
May 06, 2018, 12:54:04 AM
#73
Currently, bitcoin used as a commodity instead of using that basic fundamental purpose of transaction method. Because of high demand. But there were many prons. The main pron that the technology development. Many ALTCoins starts to develop to overcome issues of bitcoin. Those coins used that transaction manner than bitcoin. Another thing that many people become richer by investing in bitcoin. Those who believe about bitcoin before more than 5 years then, they already win. However, now it hard to use bitcoin as a common transaction method because of its huge price. But We will able to use as a digital Gold.
Thanks    
newbie
Activity: 196
Merit: 0
May 06, 2018, 12:44:27 AM
#72
We have to admit, mostly people will use bitcoin as an investment since it is presented as such by the community. BUT the problem is it is not being developed as payment nowadays due to high fees and slow confirmations. If ever we do get to eliminating these problems then maybe it will be a turning point for bitcoin as a mode of payment.
jr. member
Activity: 130
Merit: 1
WayMaker Miracle Worker
May 05, 2018, 01:23:53 PM
#71
True word Bro, but bitcoin is not a dump coin is for Real open your eyes there time for everything as far as it is open for investment and the gain is ok why will someone not key to it, for your information people also and always use bitcoin as payment method including merchants do your research well bitcoin is doing Excellence everywhere and Awesome.
full member
Activity: 448
Merit: 102
May 05, 2018, 08:59:01 AM
#70
It is very sad to say that a technology like this would come to a big tragedy
Bitcoin has the potential to be great but it has become a weapon of Greed

The real use of bitcoin as a payment system is just a fantasy
But what happens in reality, it is just a pump and dump coin like the rest

The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

A currency is something that can be used for daily basis rather than just an investment
majority of people who buy bitcoin is just for investment and not used as a payment itself

Never the less
HAIL HYDRA!
Sorry man... but honestly, I feel you. When bankers and money makers come into picture - these events will always happen -
  • pump and dump
  • hoarding
  • FOMOs
  • greed, and etc...
However, I still hope that sooner or later bitcoin would serve its real purpose among us. Nevermind the bollocks - as long as people like us knows the real purpose of it, someday the sheep will follow our lead; but in the mean time, we better use bitcoin to earn paper money.
a good statement, but bitcoin in the future does not require paper money, because bitcoin in the future will be legally accepted by the world. and fiat will die if not using the blockchain system.

pump and dump is influenced by supply and demand, but interesting is FOMO, because FOMO makes 10% bitcoin down. do you have another way to solve with FOMO? give me the best key to solve it! then i will spread the key to others.
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