There is always scammers and drama in new markets, new technologies... But it is definitely not the reason why bitcoin price is falling...
I think one of the reason is that people can't get bitcoins by working. So far the only way to get bitcoin is to buy them with fiat money.
Topic: The main problem in the Bitcoin ecosystem the real reason Bitcoin is plummeting - page 2. (Read 2114 times)
January 02, 2015, 03:33:28 PM
January 02, 2015, 03:13:59 PM
The reason adoption hasn't begun is simple.
At this time there is zero incentive for consumers to purchase Bitcoin.
Period.
-B-
At this time there is zero incentive for consumers to purchase Bitcoin.
Period.
-B-
January 02, 2015, 03:05:42 PM
Whoever got burned on stuff like Mt.Gox deserved it.
Bitcoins on an address of which you do not own the private key, are not your own Bitcoins.
Bitcoins on an address of which you do not own the private key, are not your own Bitcoins.
So a person with a Gawminers signature saying people deserve to get scammed, interesting.
January 02, 2015, 02:44:44 PM
Whoever got burned on stuff like Mt.Gox deserved it.
Bitcoins on an address of which you do not own the private key, are not your own Bitcoins.
Bitcoins on an address of which you do not own the private key, are not your own Bitcoins.
January 02, 2015, 02:18:50 PM
the real reason is that people dont understand what they are doing here and dont have a clue even after months on this forum 
January 02, 2015, 02:15:26 PM
The real reason Bitcoins price has went down is frankly quite ovbious it's because so many people have been burnt by scammers most notably MTGox.This creates an enviornment that is extremely hostile to newcomers and once they are scammed they are put off Bitcoin and they do not reinvest. Seeing as roughy 60% of Bitcoins supply has never moved this rate of alienating newcomers results in Bitcoins price plummeting at the worst and barely maintaining value at best. Countless people have left the crypto community as a result of MTGox alone that means a large percentage of people are no longer taking part in the Bitcoin ecosystem.
Nah. This is opinion and all speculation. It's nothing to do with scammers, though people could be losing faith and gradually getting out for various reasons.
I think that the prevalence of scammers in the btc world is a problem too. I've said it before that a major problem with btc is lack of protection, like a a credit card would offer when you buy something. I've even seen experienced users on here copy/paste the wrong wallet address and sent coins to the wrong person! I just don't see it being user friendly enough for MOST people to even think about using.
January 02, 2015, 02:10:05 PM
The real reason Bitcoins price has went down is frankly quite ovbious it's because so many people have been burnt by scammers most notably MTGox.This creates an enviornment that is extremely hostile to newcomers and once they are scammed they are put off Bitcoin and they do not reinvest. Seeing as roughy 60% of Bitcoins supply has never moved this rate of alienating newcomers results in Bitcoins price plummeting at the worst and barely maintaining value at best. Countless people have left the crypto community as a result of MTGox alone that means a large percentage of people are no longer taking part in the Bitcoin ecosystem.
Nah. This is opinion and all speculation. It's nothing to do with scammers, though people could be losing faith and gradually getting out for various reasons.
January 02, 2015, 01:34:37 PM
Do you have any numbers proving your claim?
There are always so many theories about the Bitcoin price, but nobody has any prove. It really gets boring.
There are always so many theories about the Bitcoin price, but nobody has any prove. It really gets boring.
legendary
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Reverse engineer from time to time
January 02, 2015, 01:24:42 PM
Whoever got burnt by mtgox should've seen it coming. I saw it coming with the ridiculous AML/KYC thingy. The number of people that left because of mtgox are actually quite countable.
January 02, 2015, 01:22:22 PM
The real reason Bitcoins price has went down is frankly quite ovbious it's because so many people have been burnt by scammers most notably MTGox.This creates an enviornment that is extremely hostile to newcomers and once they are scammed they are put off Bitcoin and they do not reinvest. Seeing as roughy 60% of Bitcoins supply has never moved this rate of alienating newcomers results in Bitcoins price plummeting at the worst and barely maintaining value at best. Countless people have left the crypto community as a result of MTGox alone that means a large percentage of people are no longer taking part in the Bitcoin ecosystem.
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