..while gold is fundamentally NOT useful.
gold is a very good conductor of electricity.
Topic: Why btc will die - page 3. (Read 3907 times)
gold is a very good conductor of electricity.
..while gold is fundamentally NOT useful.
gold is a very good conductor of electricity.
OP is a moron!
"bitcoin has no value, just a piece of junk number. it has no value like currency or gold, people buy it just for speculation."
- Gold has no value either, fundamentally, as it isn't used in heavy industry (like platinum) or as an energy source (like oil). Gold has value simply because other people desire it - same with Bitcoin. Difference is that Bitcoin is actually USEFUL as it facilitates e-commerce, while gold is fundamentally NOT useful. Therefore, Bitcoin should be MORE valuable than gold.
"bitcoin is unsafe and easily be stolen. If someone buy some coins for invest, it may disappear or hacked."
- Only if the Bitcoin holder is an idiot. It is very easy to secure Bitcoin using cold storage and paper wallets.
"Gov will ban it, because it is anonymous and can not be controlled. People can use btc buy illegal goods like drugs and guns, and may not pay tax. Or terrorists will use btc to fund terrorism activities."
- Silicon valley venture capitalists are pretty much plugged into the US government, and these VC's are pumping hundreds of millions of dollars into Bitcoin startups. Doubt they would be doing this if Uncle Sam was going to ban BTC. More likely, the US government and Fed. Reserve will try to control Bitcoin by regulating the hell out of it, and manipulating the price through secret buy/sell transactions. But they will NOT ban it.
"Btc system is unsafe too, 51% attack will destroy it."
- Ghash already could have launched a 51% attack in theory but they didn't. I do agree that Bitcoin needs to come to terms with mining pools and implement some failsafes against a 51% attack. Mining pools controlling more than 51% of the hashrate represent an existential threat to the cryptocurrency, indeed.
"people does not need bitcoin, they can use dollars as well."
- No. You can't use 'dollars' online; you need to use paypal or credit card and those are legacy payment systems poorly suited to online transactions. Also, the Federal Reserve can simply inflate your wealth away by printing more dollars, so the US dollar is no good as a value store either.
"So I think btc will soon die"
Bollocks!
"bitcoin has no value, just a piece of junk number. it has no value like currency or gold, people buy it just for speculation."
- Gold has no value either, fundamentally, as it isn't used in heavy industry (like platinum) or as an energy source (like oil). Gold has value simply because other people desire it - same with Bitcoin. Difference is that Bitcoin is actually USEFUL as it facilitates e-commerce, while gold is fundamentally NOT useful. Therefore, Bitcoin should be MORE valuable than gold.
"bitcoin is unsafe and easily be stolen. If someone buy some coins for invest, it may disappear or hacked."
- Only if the Bitcoin holder is an idiot. It is very easy to secure Bitcoin using cold storage and paper wallets.
"Gov will ban it, because it is anonymous and can not be controlled. People can use btc buy illegal goods like drugs and guns, and may not pay tax. Or terrorists will use btc to fund terrorism activities."
- Silicon valley venture capitalists are pretty much plugged into the US government, and these VC's are pumping hundreds of millions of dollars into Bitcoin startups. Doubt they would be doing this if Uncle Sam was going to ban BTC. More likely, the US government and Fed. Reserve will try to control Bitcoin by regulating the hell out of it, and manipulating the price through secret buy/sell transactions. But they will NOT ban it.
"Btc system is unsafe too, 51% attack will destroy it."
- Ghash already could have launched a 51% attack in theory but they didn't. I do agree that Bitcoin needs to come to terms with mining pools and implement some failsafes against a 51% attack. Mining pools controlling more than 51% of the hashrate represent an existential threat to the cryptocurrency, indeed.
"people does not need bitcoin, they can use dollars as well."
- No. You can't use 'dollars' online; you need to use paypal or credit card and those are legacy payment systems poorly suited to online transactions. Also, the Federal Reserve can simply inflate your wealth away by printing more dollars, so the US dollar is no good as a value store either.
"So I think btc will soon die"
Bollocks!
btc maybe replaced by something better - but currently, I do not see any second gen crypto being the one.
trolls be trolling
and haters will hate
and haters will hate
such topic should be deleted immediately + op to be banned.
I agree Bitcoin is completely dead and is worthless.
You should get back to Skyrim locations, because there is a dovahkiin who need to levelup by killing a troll.
He is just a boat misser trying to get the price lower so he can buy cheap coins.
you have just joined this forum only to talk bad about bitcoin?
And yeah, he could be a scam, enemy or somebody else, couldn't he? Let's ignore this obvious troll thread and try to guess who the OP is?
Fallling?
Yup haha. Anyone who goes on the Speculation board is very familiar with this idiot Fallling?
How did this get to two pages in the first place? >.<
Let's ignore this obvious troll thread and try to guess who the OP is?
Fallling?
Fallling?
1, bitcoin has no value, just a piece of junk number. it has no value like currency or gold, people buy it just for speculation.
2, bitcoin is unsafe and easily be stolen. If someone buy some coins for invest, it may disappear or hacked.
3,Gov will ban it, because it is anonymous and can not be controlled. People can use btc buy illegal goods like drugs and guns, and may not pay tax. Or terrorists will use btc to fund terrorism activities.
4, Btc system is unsafe too, 51% attack will destroy it.
5, people does not need bitcoin, they can use dollars as well.
So I think btc will soon die.
Are you insured medically? Because you sure better be, when you're broken in half from provoking the wrath. And your joke? Didn't laugh. 2, bitcoin is unsafe and easily be stolen. If someone buy some coins for invest, it may disappear or hacked.
3,Gov will ban it, because it is anonymous and can not be controlled. People can use btc buy illegal goods like drugs and guns, and may not pay tax. Or terrorists will use btc to fund terrorism activities.
4, Btc system is unsafe too, 51% attack will destroy it.
5, people does not need bitcoin, they can use dollars as well.
So I think btc will soon die.
1, bitcoin has no value, just a piece of junk number. it has no value like currency or gold, people buy it just for speculation.
I'm gonna take a wild guess and say this person doesn't control any BTC. But if you ever do, I'll expect you to give them to me since according to you they have no value.I will further speculate that, were I to send you 5 BTC right now, you would in fact spend or sell them, rather than leave them untouched or give them back.
1, bitcoin has no value, just a piece of junk number. it has no value like currency or gold, people buy it just for speculation.
2, bitcoin is unsafe and easily be stolen. If someone buy some coins for invest, it may disappear or hacked.
3,Gov will ban it, because it is anonymous and can not be controlled. People can use btc buy illegal goods like drugs and guns, and may not pay tax. Or terrorists will use btc to fund terrorism activities.
4, Btc system is unsafe too, 51% attack will destroy it.
5, people does not need bitcoin, they can use dollars as well.
So I think btc will soon die.
2, bitcoin is unsafe and easily be stolen. If someone buy some coins for invest, it may disappear or hacked.
3,Gov will ban it, because it is anonymous and can not be controlled. People can use btc buy illegal goods like drugs and guns, and may not pay tax. Or terrorists will use btc to fund terrorism activities.
4, Btc system is unsafe too, 51% attack will destroy it.
5, people does not need bitcoin, they can use dollars as well.
So I think btc will soon die.
so funny.
you have just joined this forum only to talk bad about bitcoin?
have you really tought about what you have wrote??
Btc has no value....like a piace of paper with a face and and this ($) simbol has real value :asd:
Bitcoin won't die. It's obvious for me and my friends. Bitcoin will stay alive and kicking even if government will try to shut it down. There is no way to kill Bitcoin.
We are at an early stage of adoption, it will take some time but eventually bitcoin will spread all over the world.
Dear fallling, all of these retarded points have been answered already.
You have to know that nothing has a value. Market, organization ecc. give a value to something, understood?
Bitcoin is decentralized than dollar, you can spend your money whenever you want and you're the only owner of your MONEY.
So, cancel this post because it is ridiculous.
Bitcoin is decentralized than dollar, you can spend your money whenever you want and you're the only owner of your MONEY.
So, cancel this post because it is ridiculous.
3,Gov will ban it, because it is anonymous and can not be controlled. People can use btc buy illegal goods like drugs and guns, and may not pay tax. Or terrorists will use btc to fund terrorism activities.
you are right. With Bitoin being banned, what else money should criminals use? Did you ever see a movie where the bad guys didn't use Bitcoin? I didn't. So you are right on this point.
At last, we can pay off those IS-types, after all, the beheadings are good entertainment. - OR, you can pay some coins to the welldoers at the same geographic location, who supplies medical treatment and food to some widow with five hungry kids. Great, don't you think?
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