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Topic: view: bitcoin has hit its full potential - page 6. (Read 5510 times)

legendary
Activity: 2170
Merit: 1094
September 25, 2014, 09:03:23 AM
#7
While I agree with the OP that bitcoin has pretty much reached it's full potential on a technology scale,
the lag in public perception may lead to a widespread understanding of this only much later, I hope in 2017.
legendary
Activity: 966
Merit: 1000
September 25, 2014, 08:36:31 AM
#6
I couldn't agree more OP it is a failure. 
full member
Activity: 208
Merit: 100
September 25, 2014, 08:35:16 AM
#5
Man, your posts are getting really annoying..
sr. member
Activity: 322
Merit: 250
Decentralize All The Things!
September 25, 2014, 08:33:15 AM
#4
Why is it that so many people can't understand that bitcoin isn't a finished product ready for mainstream yet?  Roll Eyes
hero member
Activity: 504
Merit: 500
September 25, 2014, 08:29:19 AM
#3
It is and it's becoming easier to use month by month as new applications come in to help adoption.

You got everything wrong in that sentence.

Its still just as hard to get your hands on btc as it was a year ago.  And using it hasn't changed much, you can still scan a qr code, but you can do that with other payment systems too.  Btc may protect against chargebacks, but if you send to a wrong address there is nothing you can do about it.  this is enough to scare off most people.  the first time someone lost coins by sending to a wrong address or was scammed somehow dealing with btc they are going to stop going through the hastle and give up on it.  the only thing btc now has for a hope of price increase is investor money coming in, however I think that will only cause short price spikes (like yesterday) and then they will quickly sell and make easy money.
sr. member
Activity: 322
Merit: 250
September 25, 2014, 07:19:12 AM
#2
Bitcoin is not really decentralized,
It's as decentralised a currency can get.

anonymous,
It is with the use of tools.
or easy to use.  
It is and it's becoming easier to use month by month as new applications come in to help adoption.

You got everything wrong in that sentence.
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
September 25, 2014, 07:16:25 AM
#1
if you google "21$ in bitcoin" immediately there is a exchange rate.  Just like any other currency or formula you can google.   Guess what?  The world knows about bitcoin; its capabilities has been shown.  Guess what?  The world is NOT impressed by bitcoin, and uninterested.  Bitcoin is disliked, and is not useful to 95% of the population.

I was around in 2011, and we dreamed of this day, where the world has been exposed to bitcoin.  As the saying goes "be careful what you wish for", there really isn't that much going on for bitcoin, but furthermore, the future of bitcoin.

Bitcoin is not really decentralized, anonymous, or easy to use.  Any entity that tries to improve bitcoin is not in it to really improve bitcoin, but to monopolize some kind of service that is good for bitcoin in the short run but destroys it in the long run.  Coinbase, mtgox, etc etc...

Bitcoin is centralized in the fact that it is only as good as the developers, and the developers are total stone degenerates.  Bitcoin is doomed to be something that just "didn't work" when we look back at in hindsight.  Just like another penny stock that was selling for hundreds of dollars a share during the .com bubble.  5 years from now (if this forum still exists), someone will bump this thread and facepalm at their ignorance.
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