Topic: view: bitcoin has hit its full potential - page 4. (Read 5510 times)

^I'm willing to do more than that.  I go under a surgeon's knife, without the urge to take it from him so I could do it myself.
And that guy could kill me

if you're willing to delegate the safekeeping of the fruits of your hard labor to someone else don't be surprised when he runs off with it.

Not everyone dreams of being his own bank.  I, for instance, don't.  No more than I dream about being my own plumber, or butcher.


FTFY.  If you trust apps with your coin, trust them with your CC.  No need for Bitcoin

Credit Card.  Your tomorrow is here, today!

Edit:  And I'm not even going to get into you ordering a beer and waiting for confirms, missing your taxi in the process, and coming home to find others living in it.  It's been sold because I wrote your apps, which were open-source, but you didn't audit the code.  There is no CC company to make it all better--BTC transactions are irreversible, and you're your own bank.

Nice quote and so true.

Why does everyone want to become millionaire over night 

your bank can close your credit card and freeze your account and there's nothing you can do about that.
bitcoin allows you to become your own bank, you can even loan funds to other people without anyone being able to stop you, no credit card can do that.

a system that disrupts 500 years of banking is not going to be perfect 5 years after its been invented, bitcoin's volatility will decline once the volume on exchanges becomes more substantial, today you only need a few million USD to move the price significantly.

people can want big government all they want, governments rise and fall like the winter wheat, none last forever.
even the mighty roman empire collapsed, but hey, i'm sure its different this time...

Why would people want to use and save the best form of money ever invented? The same reason you do. The irony isnt lost on me the loudest detractors of bitcoin on the forum are those who secretly seek it the most!

All the replies about what bitcoin "can do" and why it's destined to change the world... all these things, like ordering a taxi or buying pizza online... you can already do with this neat little invention called a credit card. They've actually been around for over 40 years...

Telling people here that bitcoin has maxed out is like walking into a heaven's gate meeting and telling them that there is no mythical space ship in the sky waiting to beam them to heaven. Members of this forum have been holding, and telling each other for the better part of a year that bitcoin is destined to change the world... just because it's so awesome and the sheep don't recognize it yet. Bitcoins are magical beans, you're all just holding and hoping to get rich. But the public is now aware of bitcoin and they're not interested. They don't care that it's centralized. People like centralization.

Why do you think libertarians only get 1 or 2% of the vote? People want a big government to look out for them, and even if they have an independent streak in them, they still don't want a digital currency, which can be potentially lost or stolen from them unless they're some kind of computer security expert. Not to mentioned the 60% decline in value in less than one year. If you think people will ever want bitcoin for anything other than speculating or gambling, then you must be smoking something.

people are currently living in a pipe dream that paper money can work, despite the fact it never did, that's a 100% failure rate.
the world is going to have a new monetary system in this decade as the printed money malinvestments pile up to unsustainable levels.

there are only two viable options, either go back to precious metals or use bitcoin.
there is no sense using gold where you have to trust someone to hold it for you.

with bitcoin for the first time in 550 years YOU are the bank, each and every one of us is actually a walking bank.

people look at bitcoin as if its a clone of paypal without realizing the historic paradigm change that it causes in the banking industry.

Theorem:

• Google knows about Bitcoin.
• Everyone knows about Google.
• Therefore, everyone knows about Bitcoin.

3 years is really not to much. If you dream and imagine back then exactly as it is now, i doubt you would wrote article like this, since you would have some vision what will be in 3 years from now.

Ahh ..so you measure success vs. failure in terms of USD. So you believe bitcoin's sole use is as a speculative vehicle by which more USD can be obtained?

And way down from what? December '13? March '14? if you're comparing to those periods of time, you're not worth arguing with.

I do think decentralization and the blockchain will change the world, but these guys will be riding their segway's, while listening to napster, while surfing AOL, while counting their bitcoins and telling friends about it on myspace.

But you were full certain back in 2011 that Bitcoin would be dead in a matter of weeks and the price would actually go into negative territory. Have your predictions got any better since then or are you still talking nonsense 

https://blockchain.info/charts/estimated-transaction-volume-usd?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

Volume is way down in the only metric that matters USD!

This sentence is fantastic ! OP If you don't trust bitcoin go away  .

I bet the people at home depot wished they had been able to pay with bitcoin.

let's go back to 1980ish

This is precisely what I was looking at. It isn't a fair comparison to take the peak of December, during speculative fueled frenzies and say we are down from there. I can do that on any chart for any market to create a skewed perspective. Between the months of January and March, we were still dropping to find our real bottom. Bitcoin was still discovering it's "actual" price (by actual, I mean absent short-sighted speculation). Gox implodes, there's another rush and we find a new bottom. Only short term speculators want explosive, impossible to sustain appreciation. Since May now, we've had slow, but steady growth.

Look at 30 day, 60, 180, 1 year ...each and every one is UP. Contrary to sublime's comment that I was replying to, no ..it simply is not falling, and that was my point.

Looking through your posts from 2011 it seems you were bearish then. You are bearish now. If you havent become fairly comfortable off bitcoin since then I can only assume you are one bitter man indeed!