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Topic: The FALL OF BITCOIN - page 43. (Read 322377 times)

full member
Activity: 546
Merit: 101
★Bitvest.io★ Play Plinko or Invest!
March 15, 2018, 02:40:39 AM
#9
Well of course there are still many people are in selfishness, because the many selfishness of many people can causes a good name bitcoin collapsed helpless.
The people who're put bitcoin on more tended just as an investment., may be related because the country hasn't really legalized bitcoin as the currency which's legitimate, it could be the one of the reasons that bitcoin is in the majority as an investment medium+gambling.
legendary
Activity: 1946
Merit: 1007
March 15, 2018, 02:19:57 AM
#8
Bitcoin and the blockchain can be so much more then a currency.

Considering it a shame people don't spend bitcoin on a daily basis is missing the point on a lot of possibilities. Besides, if anything, bitcoins use as a currency has been diminishing with price increasing as transaction fees are too high to sustain regular transactions.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
March 15, 2018, 02:14:40 AM
#7
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

you either have absolute zero understanding of what you are saying here, or you are simply trolling. in both cases that is not cool.

USDT is one of the shadiest and possibly scammiest altcoins that has ever been created. it is a centralized token which might as well be something like PayPal and never even use the name "cryptocurrency". nobody in the world is even using this token! the only usage that it has is a temporary place where you go to if you want to go to dollar but not use dollar.
newbie
Activity: 126
Merit: 0
March 15, 2018, 01:59:33 AM
#6
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!
It is normal because bitcoin price is like a roller coasters  ride we didn't know all when bitcoin price goes high but just keep believing and work for it
sr. member
Activity: 686
Merit: 262
March 15, 2018, 01:53:24 AM
#5
Yes, unfortunately that is the truth today. This coin is being heavily manipulated by the big whales and it is sad to see such a tragic fall of over 15% in a single day. I am still very optimistic and hoping it to reach back to the 10k$ level in no time. The news surrounding it also plays the major role in the fall as people start panicking and begin selling their coins.
You should perhaps wait till the month of April to see it recover back to the 10000$ mark.
newbie
Activity: 20
Merit: 1
March 15, 2018, 01:50:42 AM
#4
Bitcoin is not a pump and dump coin, wtf?

It's just that the media FUDs and FOMOs a lot. People are still figuring out how to deal with crypto, so huge companies do drastic things all the time. Like Google Ban, Singapore trade reversals, etc.

We're just in the wild west. No intentional pump and dump.
sr. member
Activity: 1008
Merit: 355
March 15, 2018, 01:49:04 AM
#3


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.
hero member
Activity: 826
Merit: 518
March 15, 2018, 01:40:28 AM
#2
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!
You are right most of the people using bitcoin as an investment not an currency.But the percentage of people using the bitcoin is growing day by day if that once reached 100% then there is no more price rise so at that time only we can have stable price for bitcoin.And the people need to encourage bitcoin as a form of payment of they want the bitcoin to last long or it may fade away in some years.
jr. member
Activity: 42
Merit: 1
Hail HYDRA
March 15, 2018, 01:33:28 AM
#1
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!
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