Bitcoin Forum

Whats the point of bitcoin anyway? there's no way a normal person will be able to use it on a daily basis!
its not gold (to store for value)...

If Bitcoin drops everyone, then the matter will be extraordinary. Bitcoin will be a good sign for it. I think we can use it as a medium of our daily business.Bitcoin can be an expensive vehicle for payment or exchange.

I think it is very good sign for bitcoin when everyone drops bitcoin in daily uses. we can use it in oura daily payment and purchases or buying. it make easy our daily life. In my opinion its future will more potential.

The usage of bitcoin would be more broad in the next coming years, especially when the crypto community would start to use it in daily basis, but now, you can pay it for goods and services especially when you are buying some items or any commodity online, it has a great potential when it comes to payments, sooner or later it would be more useful than now. Storing for now is better to gain more benefits in the future, there is no instant success anyway, its coming sooner

As you are very new, you may not be studied well and did not do your homework about BTC where you started this discussion, I assume. BTC has many points to rule the economy in the future. Go through as many as discussions you can read about Bitcoin, Bitcoins future, Bitcoins importance, BTC functions, BTC: a threat or an opportunity etc. I can assure you will know. Good luck.

BTC means much for our future, I think that when we will use it for daily services it will be cool, for now BTC for mostly those who just started crypto is illusional.

I think this day is not far away, when people use bitcoin regular basis. Most of the country try to accept the digital currency. They want to make a solid policy that it will no contradiction with regular currency. I think very soon most of the country approve bitcoin than normal people can use it daily basis.

Big Brand Like Samsung are planning to adopt Blockchain Technology So no chance of dropping bitcoin in near future, Soon Bitcoin will work on our day to day life at list fro Some Country.

I don't think that Bitcoins inevitable demise will happen in a sudden moment of people dumping it. Remember there are people who bought bitcoiin when it was only a dollar and they will still be up 100 times their investment even if it drops to $100. I think it will be a lot more like the frog in pot of water on the stove and that Bitcoin will be slowly cooked by better coins that will gradually replace Bitcoin.

Well, even if this happens, it will happen that the BTU will only fall, it will not last forever so long as there will be good news and there will be growth up, it can certainly be delayed for a long time but always it will not fall.

For the meantime, we can't, because of global adoption had not been realized, the business establishment has a hesitation to accept any transaction regarding crypto but in the future, it can be achieved, using like a fiat in a daily basis.

Then why are you on this forum?!  You don't believe in Bitcoin so there's no reason for you to be in this community! Bitcoin for us is better than Gold and has many functions that can even replace the current monetafy system. If you have nothing good to say about it, please don't make any nonsense post here.

Smart guys will never drop Bitcoin.

That isn't possible. If there is no bitcoin, there will be no cryptocurrency. At least another 5 years.

Well it kind of is digital gold, and normal persons don´t use gold either, so it sure could work for storing value. Both gold and BTC are worth what we are willing to pay due to its scarcity and cost of mining it so there is nothing strange with such an usage for BTC.

If we only used FIAT and suddenly the inflation surfaced and no one wanted dollar, you would be able to use bitcoin easier then gold. It is hard to get change on 1 oz of gold compared to BTC, so it might become the best alternative in a near future. If the velocity picks up i would be glad to have some BTC not only air money aka FIAT :)

Peace

I think that if this day comes (which I very much doubt), then there will be smart people who will buy all these cheap Bitcoins, then again to sell to the same people for expensive. This game in which you can play for a very long time, why destroy it now?

Bitcoin is a real example of a decentralized system already implemented with blockchain and also it's works right? If bitcoin prices go fall i think its ok, what we need is the technology behind bitcoin itself, the blockchain. Just my opinion, Sorry for my bad english.

Bitcoin will not really go down as much as you say. You have been thinking negatively about it too much, let's think positive about crypto and give it confidence. Because this market needs the confidence of investors to be able to develop in the long run.
It's like the growth of the internet back then, hopefully people keep their positive opinions.

I don't think it will happen though since as far as I know, bitcoin is gradually improving it's worth as a currency and btc is now being used as a payment system globally. I think people should understand further and perhaps make a research to understand fully how bitcoin works before making any negative assumptions.

You're imagining the wrong side of coin. Imagine if all the people where to adopt cryptocurrency in our life. Life would be easier and that more possibilities would open for the population. The usage of Bitcoin is being simplified now. There are companies and stores that let you use Bitcoin for payment for bills and other credits without any hassle or line to attend. Bitcoin has become a necessity in my country that some people become more productive because of it. I think Bitcoin being dropped completely is unimaginable. You should have research even further so you could be enlightened for what Bitcoin could do to us.

Anything  is possible in the cryptocurrency arena, but  dropping BTC  is one of the those that looks like a distant impossibility, the quality the coin has guarantees it a. Place up top that cannot be easily replaced. Maybe in the unfortunate event when the value crumbles suddenly of which cannot happen overnight

I don't think that's gonna happen.Now there is a growing trend of storage of all cryptocurrencies and especially bitcoin.

if one day everyone drops bitcoin, bitcoin will no longer be valuable, bitcoin will only become garbage.
bitcoin will only be a history of the type of digital currency and crypto type of currency

Now, people haven't used Bitcoin on a daily basis yet, but in the future, I beleive that Bitcoin and other Altcoins which have payment function will be used widely and daily

A normal person first of all needs to learn a lot of information about the crypto-currencies of their technologies and the purposes of their use. Then you will understand why bitcoin and its prospects are needed.

only we must always be carried out to use this bitcoin, whatever the results, we also have to acknowledge and be grateful because we have fallen into this bitcoin

I also hope that this will not happen, because in this case the market will collapse completely, do you understand what you are dreaming about? Today, the dominance of BTS in the market of about 50% means that 50% of the market will turn into an empty place.

what you think is impossible, many companies and restaurants are starting to receive payments using bitcoin. it doesn't make sense if people will drop bitcoin because this has become a necessity for many people to continue to have. you should read the reference to the development of bitcoin now.
this is one example of a company that accepts bitcoin payments

https://ambcrypto.com/bitcoin-btc-can-soon-be-used-to-buy-coffee-at-starbucks/

It has became more like a valuable assets just like gold. And most of it's value is just due to speculation.
Price of bitcoin is one of the reason we are not having enough progress in blockchain technology and that is the same reason why authorities are mostly scared of it.

Bitcoin is the ONLY coin that matters, along with maybe Monero. Keep believing in bullshit like Ethereum and other shitcoins, see how that works out for you.

The biggest value of Bitcoin is the value of storing and transferring it like gold. In the future, I believe Bitcoin can be used as a normal currency to buy, and can even directly replace coins.

Well, it was cryptocurrency after all. You can't really make a comparison between it to all the real thing.

This cant be possible and wont happen but since its just a question if such happens btc brice might end up been 0 because they will be panic.

I imagine it would be a disaster. but highly unlikely because if more people will drop, even more people eill cease the opportunity, and if all altcoins drop, othet projects of cryptocurrency will launfh providing another millenia of altcoins and cryptocurrency and cryptomarket.

You are very much mistaken! Go to the darknet and you will understand that everything is bought and sold only for bitcoin.

This kind of situation is not possible to arise in the current market time or anywhere in the coming years of the market. If you think and take it as a asset similar to Gold or silver then you should treat it that way and i think Bitcoin is highly manipulative and it cannot be compare to gold or silver in such a short period off big trending waves. It will take some more years of ups & downs inorder to get compared to gold or silver or any other trading instrument.

The truth for me is this post is irrelevant because I see no one dropping bitcoin in the near future
Any country that disallows flow of bitcoin and altcoins does that at their own peril so there is no cause for alarm whatsoever

I agree with the above because its the community that gives Bitcoin its value but in order for that to happen there would have to be a lot of investors dropping it at once.

Bitcoin is not any gold but it is a form of currency called digital currency or crypto currency. It provides services as like the services of the fiat money. So such type of perception is very wrong or it means that you are ignorant of the market.

Just like gold where everybody agrees that it is valuable. That is the case with bitcoin, everybody here agrees that it is valuable so if everybody here would someday agrees that it is no longer useful then that would be the time that it would be something of no value.

Bitcoin was never meant to be invested in rather it was invented to work as a substitute of fiat currency with faster, easier and simpler transaction method which is secured and less costly at the same time. Then, people started investing on it. I know, right now the pump and dump might cause distress among people but once it becomes stable it will definitely start solving a lot of our problems.

Bitcoin has a certain function, it was not made to compete with the fix price of gold. Bitcoin can be used as a mode of payment, etc. And also, when the bitcoin price is down, so as the other coins and altcoins, since they refer their price on the bitcoin price.

From a value-holding standpoint, since BTC's value has already dropped about 80% during times in its history (like mid 2014 $1200 into 2015 $200), it's been pretty tested.  If people were willing to hang on to $200 and hold through it, the latest spike has only brought new holders into the fold that will sustain higher lows.  It's here to stay, and it brought some friends with it.

If everyone dropped the value of bitcoin I think it was the wrong choice. bitcoin is the future of digital currency. I'm sure it will be used as a tool of bitcoin payments later. and this will be very useful for the future, a pity if all people will drop it.

No such day is hard to come because this coin has somehow made it to the hearts and minds of the people as the best there is in the market. Yes, people will dump it, but not all.

I don't think Bitcoin will be dropped as we often misunderstood it's utilities as a investment tool rather it was meant to be a subsidiary of paper of money which we can carry anywhere regardless of the amount. It is also more secure than fiat currencies and serves as a faster and cheaper transaction alternative. Instead of spreading frustration among the market we should change our point of view.

Bitcoin won't be dropped in the future for sure, maybe it's utility gets change but it is very hard to deny the accomplishment and the contribution it has in our life. May be in the future people will be less interested in investing on bitcoin and start making payments and transactions which was its main purpose. Though it's just a prediction of mine.

Don't compare gold with bitcoin. They two are completely different things. I think bitcoin will be more approved as an alternative currency very soon.

Bitcoin can not replace gold. But i think it can make the transactions easier as well as other cryptocurrencies. I think Bitcoin has the potential to lead the finance to a different level in future.

Gold will be gold. It is far more stable than bitcoin. I think bitcoin has unique advantages over fiat currency which can make it globally accepted digital currency in future.

That day is never going to come. Not minding all the huge resistance bitcoin is facing now,  a time would come where its huge potential would actually be seen. a free from of doing transactions. Free from regulations, free from institutionalization. That day would come soon. Not every body dropping bitcoin.

I think you don’t have any idea about crypto market. If you have then you would understand the value of bitcoin. And just wait and see, hopefully BTC will be the common currency like fiat money.

You want to know what gives something value? It is the fact that people use it that gives a coin value. The only reason that gold has value if because people use it as a store of value. Bitcoin remains the most valuable coin because a lot of people use it and believe that it is the best coin in the market. So if you want any of your shitcoins you are advocating for to start doing well, then you better start respecting and supporting bitcoin.

For me it is very hard to imagine such scenario. There are too many people who joined crypto community, so for me it is impossible to see that bitcoin will die

I don't think that the inevitable death of Bitcoins will occur when people throw it away suddenly. You have thought too much about it too much, let's think positively about crypto and give confidence. Imagine if everyone where adopted cryptocurrency in our lives. Life will be easier and more likely to be open to residents.

The day that everyone drops bitcoin will be a dark one indeed. Hopefully if that ever happens that they will already be an alternative in place that will absorb such an event.

Then why are you here anyway? Bitcoin does have a value and can be used in daily basis but not all. We all know that we are not fully adopted this kind of technology and we are still on the process of using it. If everyone drops bitcoin then all of the other alts will follow. The cryptocurrency will crash and well get back to a hopeless society.

I don't that a day like this would come. If it eventually happems, that would be the end of the coin, and might in turn lead to the death of the cryptocurrency industry, seeing that it seems like the heartbeat of the industry is actually Bitcoin. I don't think that it can be possible for everyone to drop the coin at some point though, but what do I know?  :)

So whats the point of being here since you don’t believe in crypto technology..because bitcoin is nothing to you theres no reason for staying here?Get the hell out of here and make a life because were making ours here and give us peace profiteering.we need nothing about damn people like you idiot

the use of bitcoin is widely used for online payments, although now we can pay it with altcoins, but because bitcoin is like a parent, even ordinary people know or know it only bitcoin is not altcoin, so because bitcoin is already known by many people, the price is stable and even though technology bitcoin is far behind, still ordinary people know only bitcoin.

it like you are saying if we rewind what is happen few years ago when bitcoin have no investor at all, well i guess when the day comes where everyone drops bitcoin, some people will save some of it to see it in the future might be give some value just like gold. Maybe soon at btc approved at the ETF the price will reach like gold does

I will buy it with the rest of my savings if Bitciin drops its price to 1 USD.
Just imagine that with a supply of only 21,000,000 in the entire world population, then having 1000 Bitcoin is enough for hiudp I don't have to work anymore. LOL

in my opinion, bitcoin is very useful for everyone. because by using bitcoin, we are free to transact between countries without any restrictions on bank and state rules.
and can be an income field for us either through trading or bounty.

I think that bitcoin is one of many kind to make an investment that could generate a good profit, instead of using it for daily payment. So it will be less chance if everyone would leave bitcoin.

I think it'll always be the #1 crypto and be the basis of most cryptocurrency trades. For trading I use Bitcoin every single week. But I don't see it as the "cup of coffee" crypto. I think something else will fill that role. Probably something with a very large number of tokens.

The desicion of every holders of bitcoin will never be desame someone selling and someone buying it. In connection to this im sure the price of bitcoin will never drop at the lowest point of value. Many new bitcoin investors are come and only few old investors are left. But those who are left im sure they will return again because bitcoin is addictive and bitcoin is unstoppable.

That can never possible because if some drop then someone somewhere is buying it and the more you drop the better for those that buy cause those that drop it will come back to buy.

Bitcoin's use is for investment, there is nothing more, for traders it is clear Bitcoin is a means of earning income. that is the point

Directly bitcoin is currently used for alternative payments, my friend.
of course, it can be used every day, if there is an agreement between the buyer and the seller and is easy to use

It will makt the cryptomarket crashed because in time drop from everyone will have a really serious and hard influencing on the market and its elements.

but if I think that investors abandon bitcoin completely, I don't want to because investors have been making big profits and investors will always invest so far.

If every day people use bitcoin then that is a good thing. But it is very difficult for farmers to know about electronic money transactions. Moreover, the current market is very volatile, those who invest in bitcoin are gradually discouraged and want to give up. The purchase of bitcoin decreased much more than before.

I doubt that everyone will drop bitcoin, if the is a sellere then there is a buyer. Bitcoin is a new technology for fast payments and transactions and it will never disappear from our life and every day it gets developed for people/investors to benefit from it. I take cryptocurrency as valuable papers/shares in particular company. So the more you own the more you will benefit and use them in your smart phone!

It's neither a reliable store of value yet due to volatility or a way people can transact on a large scale due to slow network speeds and irregular fees but that will improve over time

Although Bitcoin is still not able to reach the gold position, it does not mean that it is impossible to replace gold in the future!

If everyone cares about and sells Bitcoin, what is its significance? Fraud? So many people around the world are fools? This question is very boring. Everyone loses bitcoin, then this market collapses, the 21st century tulip. The world will report such a big event

It depends on the period you decide to hold it. In long term period it can play role of means of accumulation like a gold.

Dropping of the BTC will not lead good consequences at all. The market will be unstable and it could be the reason of the following going down for each coin.

that will require everyone are agree that bitcoin is no value at all.

but i believe once its done, some where else people will start collecting bitcoin and the price will rise again. whenever there is still people, internet is still working, bitcoin will not go extinct.

If you understand at least something in cryptocurrency, you will never throw bitcoin . Therefore, I am sure that this day will never happen while there will be a cryptocurrency in our world

I don't think it will drop in a single day or even in a short period of time. Too little people own too big of a percentage, so even if all smaller owners would sell within a single day, most of the btc will still be locked unless the big players decide to sell. It's their livelyhood, their investment that made them billionaires instead of simple millionaires. Only when they all move to other projects btc would cease to exist, but I don't think this will happen anytime soon.

The day when that happens is the day that we see all of the market crash. I do not understand why so many people are against bitcoin and hoping to see it fail when all of the other coins in the market obviously get their prices and their values from bitcoin. If the best coin in the market fails, how do you think people will trust the other coins enough to invest in them? we gotta think better

It will be very hard to see the crypto market in trading BTC is like a lion in the jungle. It gave the crypto forum pride, reputation, everything. Hopefully it will not die, but still anything can happen in future.

This can only happen if the entire cryptocurrency dies . Which is also unlikely. It is impossible to imagine now one without the other. Bitcoin may fall in price, but it will never go anywhere

I cannot even begin to imagine this. I don't think that it can ever happen though, but if it does happen, that might also be the day that the entire crypto world comes tom an end. I like to look at it that bitcoin is the pillar holding the cryptosphere together, and its death would most likely lead to the death of the industry.

i don't think this your imagination will come to reality. Bitcoin and Cryptocurrency is the future, the early you get convince about this, the better you prepare for the future. Dropping Bitcoin by all will never happen.

Only if it is convenient, fast and safe, as well as predictable. Otherwise, Bitcoin will never catch up with the level of ordinary money, and only crypto enthusiasts will use it. Electronic payments are the future, but whether Bitcoin can cope with the technological component, now it is too slow.

it seems that only those of us who do not understand and are not included in the bitcoin hunter who say that, because if they understand they will not say like that because it is clear that bitcoin is very capable of helping our survival

lol.
There is very small likelyhood of that happening, btc core code should be comprimised or quantum computer should be invented.
Otherwise it will never be dropped like that.

Bitcoin is already accepted as a means of payment in some countries. This suggests that it is developing and the possibilities of its use will only grow. So far, bitcoin is not particularly useful for the average person, but soon it may change.

That's what you will here from someone that went through with different possible situations:
- sold the dip
- never had bitcoin

That is the risk associated with cryptocurrency dude, the risk of that bursting if everyone drops bitcoin. IMO, everybody agreed that bitcoin is expensive just like gold so it is how it is today. I doubt that everyone will drop bitcoin because it is the evolution of digital money and we may end up missing the opportunity if we do so.

Bitcoin can also be ascribed the same value given to fiat, despite not having any product. It has always been seen as a means for transaction, most especially online.
I am not imagining when everyone would drop it, because that is nit likely going to happen. Instead, i am imagining when a time will come, that the world in entirety will become aware and use bitcoin as a means of transaction.

If everyone was to drop the btc we would have to close this forum because of all the crying people  ;D ;D

If everyone sells bitcoin, its price will drop greatly. Since many coins are dependent on bitcoin, I think that a drop in bitcoin will cause the entire cryptocurrency market to fall. Bitcoin is not for everyone.         

I have to admit, very unusual to hear an opinion as such, in this kind of forum. Bitcoin is what brought us here!! Bitcoin is not gold, but is's definitely a gold mine!!

Bitcoin is the king of crypto and it's more likely to be recognised globally than any other altcoin. We have seen many online and offline stores accept bitcoin as means of payment and that is good for crypto in general. We shouldnt just write off bitcoin.

Bitcoin is a lethal weapon of cryptocurrencies. It gave the world happiness for new generation after this wonderful technology was developed. Without BTC in CMC is very hard to imagine the majority of the investors will lose hope in this trading without BTC. It's a very powerful coin.

Bitcoin is not a thing to pay or simply a kind of money. It is something like a commodity and we can use it to make a profit. Many people in this market see it similarly to gold

Maybe people should even stop imagining things that would not likely happen but instead imagine that the chance of more people buying bitcoins is far more than everyone dropping their coins. What is the point trying to imagine a doomsday that obviously does not sound realistic and I wonder why a lot of people tend to derive pleasure in that, which is either they are just not understanding that as a market is growing, there will always be chances of more people coming in and as long as the market becomes usable, all these things being said by the OP cannot even come to reality.

If everyone, but not everyone is dumb enough to be selling when the market is still very young and believe me there are so many people who are focusing on the long term than having to sell in the short term which is the main reason why they find it so easy when it comes to investing for the long term and holding for as long as they can, and at least, that has shown the number of big holders that are still holding as much as they can till date. As long as the markets have prospects, it would grow, become usable and demand and supply will obviously get balanced.

well then what are you doing here?
it seems you are too silly to incite the members here to sell bitcoin. it won't work and I'm sure you have another motive behind this. you should look at the market and until now bitcoin still has a high selling value even though the decline always occurs

Maybe so, because something always comes to an end, sooner or later people will still try to invest in new and new technologies, I believe that this idea is very likely here, so you can never react negatively to these things.

i also have a question
what are u doing in this forum ?
the forum name is bitcointalk
bitcoin
so what the point ?
because bitcoin,people have a big thing to bring a new and new technology of modern money.
and because bitcoin too , u came to this forum and meet ur pumapay.