Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: bitcoinbot on April 01, 2015, 09:18:48 PM



Title: Bitcoin will Fizzle to Nothing..
Post by: bitcoinbot on April 01, 2015, 09:18:48 PM
I love Bitcoin I really do but I just can't see businesses adopting it like I wish they would.
Bitcoin is a 'thing' of the moment like the Harlem Shake.

I hold over 4 bitcoin and spend weekly although it's only about £12 worth. I usually buy from takeaway from takeaway.com although I also bought from bitstickers this week.

I would love to know I can spend bitcoin anywhere, supermarkets, taxis, buses, local shops but I just can't see it happening.


Title: Re: Bitcoin will Fizzle to Nothing..
Post by: Lauda on April 01, 2015, 09:28:39 PM
What are you talking about? This "thing" that you're talking about, is not what Bitcoin is.
Bitcoin has been here since '2009. It is not going anywhere but the mainstream.
Have you not seen Newegg, Microsoft, Dell and many others adopt it? Where have you been living, under a rock?


Title: Re: Bitcoin will Fizzle to Nothing..
Post by: NyeFe on April 01, 2015, 09:31:19 PM
Bitcoin is still an emerging technology, which is powered by its wonderful, decentralised community here at bitcointalk and other places. The capability of bitcoin means it has attracted many enemies, who have united and are trying their best to hold it down (with no luck) as you already know Bitcoin is relatively new, so some are ahead of others and have already launched services, and others are yet to arrive.
Think about the user awareness and evolution of Bitcoin, like the internet. In 1995, there were only 16 million users, which jumped to 3.035 million in 2014. So in conclusion, you'll just have to wait for Bitcoin to mature.


Title: Re: Bitcoin will Fizzle to Nothing..
Post by: Taras on April 01, 2015, 09:35:09 PM
I love Bitcoin I really do but I just can't see businesses adopting it like I wish they would.
Bitcoin is a 'thing' of the moment like the Harlem Shake.
The Harlem Shake lasted all of two weeks. We're on our 324th week, with a record high transaction rate.


Title: Re: Bitcoin will Fizzle to Nothing..
Post by: maku on April 01, 2015, 09:35:53 PM
I think op is just confused and disappointed by fact that bitcoin is not already main global currency. I understand him, I also think that brilliant concept of bitcoin should be already everywhere. But you need to remember that it is more like an evolution of current payment standards and not total revolution which will be take place over one night. Just be patient.


Title: Re: Bitcoin will Fizzle to Nothing..
Post by: bitcoinbot on April 01, 2015, 09:39:29 PM
What are you talking about? This "thing" that you're talking about, is not what Bitcoin is.
Bitcoin has been here since '2009. It is not going anywhere but the mainstream.
Have you not seen Newegg, Microsoft, Dell and many others adopt it? Where have you been living, under a rock?

I am well aware of these companies however I have never bought no intend to buy at any point in the future from these companies.
When the likes of Spar, Coop, Wallmart, Asda, Tesco, McDonalds, Subway, Argos accept then I will say it's mainstream. I don't just mean a giftcard either, I mean a QR code at checkout.

6 Years is a long time in technology and business.


Title: Re: Bitcoin will Fizzle to Nothing..
Post by: bitcoinbot on April 01, 2015, 09:40:33 PM
Bitcoin is still an emerging technology, which is powered by its wonderful, decentralised community here at bitcointalk and other places. The capability of bitcoin means it has attracted many enemies, who have united and are trying their best to hold it down (with no luck) as you already know Bitcoin is relatively new, so some are ahead of others and have already launched services, and others are yet to arrive.
Think about the user awareness of Bitcoin, like the internet. In 1995, there were only 16 million users, which jumped to 3.035 million in 2014. So in conclusion, you'll just have to wait for Bitcoin to mature.

I don't think you can compare bitcoin to the internet in 1995.


Title: Re: Bitcoin will Fizzle to Nothing..
Post by: bitcoinbot on April 01, 2015, 09:42:37 PM
I think op is just confused and disappointed by fact that bitcoin is not already main global currency. I understand him, I also think that brilliant concept of bitcoin should be already everywhere. But you need to remember that it is more like an evolution of current payment standards and not total revolution which will be take place over one night. Just be patient.
I love Bitcoin I really do but I just can't see businesses adopting it like I wish they would.
Bitcoin is a 'thing' of the moment like the Harlem Shake.
The Harlem Shake lasted all of two weeks. We're on our 324th week, with a record high transaction rate.

I was in two minds whether I should mention Harlem Shake. The basis and thought is that it's a fad that will be forgotten about.


Title: Re: Bitcoin will Fizzle to Nothing..
Post by: bitcoinbot on April 01, 2015, 09:43:30 PM
I couldn't care less about mainstream adoption.

As long as Bitcoin continues to solve certain problems for certain people, it will not "fizzle to nothing".

What problems does it solve?


Title: Re: Bitcoin will Fizzle to Nothing..
Post by: bitcoinbot on April 01, 2015, 09:48:46 PM
I think op is just confused and disappointed by fact that bitcoin is not already main global currency. I understand him, I also think that brilliant concept of bitcoin should be already everywhere. But you need to remember that it is more like an evolution of current payment standards and not total revolution which will be take place over one night. Just be patient.

I managed to get this quote mixed up with another lower down.
You are correct, Bitcoin is brilliant and it should be everywhere.



Title: Re: Bitcoin will Fizzle to Nothing..
Post by: Bralex on April 01, 2015, 09:50:04 PM
I couldn't care less about mainstream adoption.

As long as Bitcoin continues to solve certain problems for certain people, it will not "fizzle to nothing".

This is true Bitcoin is not going anywhere while there are people who are willing to use it for whatever they choose to use it on, me i like to store paper in it and that paper/money when i keep on top of security is exactly where i want it to be away from all kinds of eyes, if i ever need a nice lump sum i have no problem trading for cash and one day i am sure will be able to withdraw from a cash machine with a small fee. Comparing this to anything especially a Harlem shake lol is just showing you don't know enough about this amazing tech.  


Title: Re: Bitcoin will Fizzle to Nothing..
Post by: Lauda on April 01, 2015, 09:56:51 PM
I am well aware of these companies however I have never bought no intend to buy at any point in the future from these companies.
When the likes of Spar, Coop, Wallmart, Asda, Tesco, McDonalds, Subway, Argos accept then I will say it's mainstream. I don't just mean a giftcard either, I mean a QR code at checkout.

6 Years is a long time in technology and business.
So because you can't buy unhealthy stuff with Bitcoin (McDonalds and such), it is going nowhere?
I love this logic. You can already buy (almost) everything that you need in life via Bitcoin (dependent on where you live).
Wallmart adoption would have 0 effect on other continents, so it is dependent on where you life just as I said.


Title: Re: Bitcoin will Fizzle to Nothing..
Post by: Sythyn on April 01, 2015, 10:18:14 PM
Bitcoin is the technology of the future if you don't believe that I cannot help you.


Title: Re: Bitcoin will Fizzle to Nothing..
Post by: gentlemand on April 01, 2015, 10:57:14 PM
It doesn't need little fellas in their coffee booths taking it for it to be a success. It's down to the movers and shakers from the world of finance, retail, education and business to figure out whether using it and pushing it is to their advantage. We're just at the beginning of that phase and won't know what's what for quite some time yet.

If they decide it has utility then it'll be fed back to the public in a palatable form. People who are using it now will be looked upon the same way as early internet users. A bit weird but maybe on to something.


Title: Re: Bitcoin will Fizzle to Nothing..
Post by: DXB on April 01, 2015, 11:00:14 PM
I'm sorry but you must be a mentally challenged if you don't see what Bitcoin has accomplished so far.

I wish we can have a crypto-kiddies forum for people just like you.


Title: Re: Bitcoin will Fizzle to Nothing..
Post by: Netnox on April 01, 2015, 11:25:17 PM
bitcoin and harlem shake go well together.


Title: Re: Bitcoin will Fizzle to Nothing..
Post by: Meuh6879 on April 01, 2015, 11:29:29 PM
but I just can't see it happening.

like say a high member : "it take 15 years to my grandma to send me an email ... from his tablet in 2015. I send email since 2000."




technology, good technology, perfect technology ... take time to go mainstream.


Title: Re: Bitcoin will Fizzle to Nothing..
Post by: MicroGuy on April 02, 2015, 12:00:57 AM
I was in two minds whether I should mention Harlem Shake. The basis and thought is that it's a fad that will be forgotten about.

In the end, time will take everything existing today and all will be forgotten. Bitcoin is not unlike everything else in creation.


Title: Re: Bitcoin will Fizzle to Nothing..
Post by: jayce on April 02, 2015, 01:09:32 AM
Bitcoin is a 'thing' of the moment like the Harlem Shake.
I would love to know I can spend bitcoin anywhere, supermarkets, taxis, buses, local shops but I just can't see it happening.

Harlem shake you say..

Did the harlem shake last 5+ years "a moment", does it have anything to do with crypto or can it be spent?

Food, taxi's, supermarkets, takeaways. buses, right that is what will make bitcoin. The job is on you to get your local shop to accept it why are you so lazy and unhelpful if you love something? If you would "love" these places to accept it then stop eating and show them the power of this.

Good luck on your journey.


Title: Re: Bitcoin will Fizzle to Nothing..
Post by: tokeweed on April 02, 2015, 01:56:19 AM
I love Bitcoin I really do but I just can't see businesses adopting it like I wish they would.
Bitcoin is a 'thing' of the moment like the Harlem Shake.

I hold over 4 bitcoin and spend weekly although it's only about £12 worth. I usually buy from takeaway from takeaway.com although I also bought from bitstickers this week.

I would love to know I can spend bitcoin anywhere, supermarkets, taxis, buses, local shops but I just can't see it happening.

http://www.casinosonthego.com/wp-content/uploads/2014/06/Casino-Gambling.jpg


Title: Re: Bitcoin will Fizzle to Nothing..
Post by: BillyBobZorton on April 02, 2015, 02:47:45 PM
I love Bitcoin I really do but I just can't see businesses adopting it like I wish they would.
Bitcoin is a 'thing' of the moment like the Harlem Shake.

I hold over 4 bitcoin and spend weekly although it's only about £12 worth. I usually buy from takeaway from takeaway.com although I also bought from bitstickers this week.

I would love to know I can spend bitcoin anywhere, supermarkets, taxis, buses, local shops but I just can't see it happening.
Where do you live? in spain you can cash out in ATMs through BTCPoint and bit2me, i was in a holiday trip and it was great cashing out instantly. Of course ideally you would see bitcoin being accepted directly but wait it up we are still in the early 90's of the internet when it comes to btc.


Title: Re: Bitcoin will Fizzle to Nothing..
Post by: Q7 on April 02, 2015, 02:58:06 PM
If you compare that 5 years ago with the progress it has made thus far, I'm sure nobody would expect things to move so fast. So if you fast forward that to another 5 years, probably you will come back wondering why you have asked that question here in the first place. Regardless one thing for sure is that it won't fizzle just like that.


Title: Re: Bitcoin will Fizzle to Nothing..
Post by: Kprawn on April 02, 2015, 08:30:03 PM
Soda fizzles... Bitcoin will still go to the Moon.  8)

This negativity must end.... As long as merchants and transaction volume increase... we will still continue and grow bigger.

There are still good signs that things will improve in the near future.  ;D



Title: Re: Bitcoin will Fizzle to Nothing..
Post by: bitcoinbot on April 02, 2015, 08:49:18 PM
Bitcoin is a 'thing' of the moment like the Harlem Shake.
I would love to know I can spend bitcoin anywhere, supermarkets, taxis, buses, local shops but I just can't see it happening.

Harlem shake you say..

Did the harlem shake last 5+ years "a moment", does it have anything to do with crypto or can it be spent?

Food, taxi's, supermarkets, takeaways. buses, right that is what will make bitcoin. The job is on you to get your local shop to accept it why are you so lazy and unhelpful if you love something? If you would "love" these places to accept it then stop eating and show them the power of this.

Good luck on your journey.

My daughter does taikwondo and today I was booking her class for next week and the owner was there with a saleswoman and they were discussing payments.
The form she was filling in was asking for cheque and she was saying she hadn't used a check book for years but she had found an old one at the back of her drawers.
They went on to talk about visa and saying they charge X percent..

At this point I could have piped in about bitcoin but I didn't,  I don't like explaining stuff and I am no salesperson.