We win if BTC does not die | Bitcointalksearch.org

picolo

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Quote from: BillyBobZorton on March 13, 2015, 11:41:49 AM

Quote from: okthen on March 09, 2015, 03:01:03 PM

Quote from: cafucafucafu on March 09, 2015, 11:02:30 AM

These trolls, naysayers, doomsday prophets and ultra bears cannot win against the bitcoiners unless btc stops being a viable store of value. Although the price has dropped after a bubble, this does not mean that the bulls have lost. If the price remains at this amount forever then the bulls have won. This is because it is pretty much a miracle that BTC ever took off in the first instance.

Yes and no. I agree that price wise we're at an awesome spot if we consider such a short timespan.
But if price remains where it is, it would mean adoption has stopped. Which would mean we won't be able to live on bitcoin, and is likely that merchants start to abandon it gradually if they don't have that much demand.

Yes, the price is good since we went from nothing to 300 times a dollar in no time, but this doesn't mean we should stop there. Adoption means price increase, there's no way around it.

The price of Bitcoin in Dollar is going up as the Dollar is going up.

Shiver

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I have a modest website that accepts BTC. It hasn't had many BTC transactions, but I've *never* sold any BTC that was earned by the website (via BitPay). People talk about cashing out to FIAT quite a lot, but I can tell you for sure that I'd rather take a short term loss on BTC with the intention of promoting it for the long term.

erikalui

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And what about the people who bought BTC when it was $1000 and now the price hasn't reached $300? For them BTC is already dead. It's better not to store BTC in the hope that the price will increase ONE DAY.

calme

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If we die but BTC does not die, do we still win?
What if we do not die, but BTC dies? Is that considered winning?

BillyBobZorton

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Quote from: okthen on March 09, 2015, 03:01:03 PM

Quote from: cafucafucafu on March 09, 2015, 11:02:30 AM

These trolls, naysayers, doomsday prophets and ultra bears cannot win against the bitcoiners unless btc stops being a viable store of value. Although the price has dropped after a bubble, this does not mean that the bulls have lost. If the price remains at this amount forever then the bulls have won. This is because it is pretty much a miracle that BTC ever took off in the first instance.

Yes and no. I agree that price wise we're at an awesome spot if we consider such a short timespan.
But if price remains where it is, it would mean adoption has stopped. Which would mean we won't be able to live on bitcoin, and is likely that merchants start to abandon it gradually if they don't have that much demand.

Yes, the price is good since we went from nothing to 300 times a dollar in no time, but this doesn't mean we should stop there. Adoption means price increase, there's no way around it.

klf

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No matter what price , there will always be someone that's interested in using bitcoin, because it's such an easy way to pay online.

okthen

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Quote from: cafucafucafu on March 09, 2015, 11:02:30 AM

These trolls, naysayers, doomsday prophets and ultra bears cannot win against the bitcoiners unless btc stops being a viable store of value. Although the price has dropped after a bubble, this does not mean that the bulls have lost. If the price remains at this amount forever then the bulls have won. This is because it is pretty much a miracle that BTC ever took off in the first instance.

Yes and no. I agree that price wise we're at an awesome spot if we consider such a short timespan.
But if price remains where it is, it would mean adoption has stopped. Which would mean we won't be able to live on bitcoin, and is likely that merchants start to abandon it gradually if they don't have that much demand.

thejaytiesto

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Quote from: cafucafucafu on March 09, 2015, 11:02:30 AM

These trolls, naysayers, doomsday prophets and ultra bears cannot win against the bitcoiners unless btc stops being a viable store of value. Although the price has dropped after a bubble, this does not mean that the bulls have lost. If the price remains at this amount forever then the bulls have won. This is because it is pretty much a miracle that BTC ever took off in the first instance.

Legit. All these FUDsters with hidden agendas can keep on going for as long as they want to, but it doesn't matter. We are on the winning side, transactions are growing, Bitcoin circumvents all the fucking shitty limitations of banking. We are on the winning side, don't get fooled to think otherwise.

dothebeats

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Cashback 15%

Quote from: Enfield on March 09, 2015, 12:41:08 PM

Quote from: cafucafucafu on March 09, 2015, 11:02:30 AM

These trolls, naysayers, doomsday prophets and ultra bears cannot win against the bitcoiners unless btc stops being a viable store of value. Although the price has dropped after a bubble, this does not mean that the bulls have lost. If the price remains at this amount forever then the bulls have won. This is because it is pretty much a miracle that BTC ever took off in the first instance.

What do you mean viable? I think it obviously has value but it's not a very stable store of one, though this instability is what makes it favorable to speculators and the like.

Favorable to the speculators and traders, yes, but the volatility of the price seems to scare of merchants in adopting it. And also, most of the needs of the people are priced and valued in fiat. Eventually, even if the merchants adopted or integrated bitcoin as a payment option, they would still convert bitcoins to fiat--which may then be a cause of fluctuation in price.

Enfield

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Quote from: cafucafucafu on March 09, 2015, 11:02:30 AM

These trolls, naysayers, doomsday prophets and ultra bears cannot win against the bitcoiners unless btc stops being a viable store of value. Although the price has dropped after a bubble, this does not mean that the bulls have lost. If the price remains at this amount forever then the bulls have won. This is because it is pretty much a miracle that BTC ever took off in the first instance.

What do you mean viable? I think it obviously has value but it's not a very stable store of one, though this instability is what makes it favorable to speculators and the like.

Amph

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actually those troll are here because they want cheap bitcoin, they don't wont it die, they are the manipulators

don't listen to them and move away

dsly

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Quote from: D05GTO on March 09, 2015, 11:31:00 AM

Won't happen. If by some reason bitcoin reaches $10,000 USD and it drops to $9,999 .. the trolls will be out screaming that bitcoin is DEAD. Pretty much how any reasonable person see's their trolling today as pure non-sense and a waste of time to even look at

lol, yeah thats very true. The troll and FUD disappear as the price starts increasing by a bit, and come back on drop of 2-3 dollars.

D05GTO

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Won't happen. If by some reason bitcoin reaches $10,000 USD and it drops to $9,999 .. the trolls will be out screaming that bitcoin is DEAD. Pretty much how any reasonable person see's their trolling today as pure non-sense and a waste of time to even look at

ajareselde

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Satoshi is rolling in his grave. #bitcoin

You are right, but it doesn't even need to go more in a first instance. The very fact that bitcoin stopped dropping from a nosedive is amazing, and that was the hardest thing to achieve,
no we can go ping-pong for months, it doesn't matter because after that it has to go up, and if it still doesn't happen, well the halving will come by then and it will be pretty much forced to increase in price.
I dont even believe most of naysayers are believing what they're saying, its just something to say when they sell, guess they think trolling will change someones mind.

cheers

cafucafucafu

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These trolls, naysayers, doomsday prophets and ultra bears cannot win against the bitcoiners unless btc stops being a viable store of value. Although the price has dropped after a bubble, this does not mean that the bulls have lost. If the price remains at this amount forever then the bulls have won. This is because it is pretty much a miracle that BTC ever took off in the first instance.

Topic: We win if BTC does not die (Read 1610 times)