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201  Bitcoin / Bitcoin Discussion / Re: "Bitcoin Will Not Survive", says Jamie Dimon on: January 26, 2016, 11:40:50 AM
Quote from: avw1982 on January 13, 2016, 05:39:33 AM
Quote from: YuginKadoya on November 06, 2015, 08:53:53 AM
He's just Scared that bitcoin is as successful as it is right now, and dollar is just a whack on the face compare to 1 Bitcoin, I think bitcoin will not go down without a fight. :p
Yes what you say is right. Bitcoin is adding its success day to day without much fluctuations or decrease in its value. My word is the same as that you described bitcoin won't degrade its value at any time. It has got its own demand to known people

The is not necessary true. The price of bitcoin is still quite volatile. It can change 20% within a few days.
202  Bitcoin / Bitcoin Discussion / Re: "Bitcoin Will Not Survive", says Jamie Dimon on: January 12, 2016, 07:25:16 PM
Quote from: topiOleg on January 02, 2016, 07:38:18 AM
Quote from: nicked on January 01, 2016, 07:53:30 PM
Quote from: ausbit on January 01, 2016, 07:30:00 PM
Quote from: Snorek on December 24, 2015, 03:16:04 PM
I don't care about opinion of Dimon. It is hard to predict the future of bitcoin and I strongly believe that he is not good at that.
I still remember Bill Gates saying that we won't be need more than 1MB of memory ever for our PC or something like that.
With bitcoin it will be the same, revolution is in motion.
There are millions and million's people around the world is using Bitcoins, trading, gambling, spending online. People are getting rich with the savings of Bitcoins money. I also don't care about Jamie Dimon s speech. It is his thinking not ours. And it will sure grip the whole market in future.
The millions and millions of people you refer to as using Bitcoin for trading, gambling, and spending online, will stop using it when transaction fees become too high. It seems that this is where we are headed and Bitcoin will no longer be useful to those "millions and millions of people" you were talking about.


Bitcoin might become unusable in future because of very limited space for transactions and corresponding big fees when people try outbidng each other to ever be able to use decentralized transactions under Bitcoin, and not, it is not just Jamie Dimon wishfull thinking how to get rid of Bitcoin.

But so far you can still sending cheap Bitcoin transactions, so enjoy this while you can. No need to fixing something that works right now, right ? BTW characterizes Jamie Dimon thinking on monetary system as well - why to fix something that works right now.

That is the reason why we need to increase the block size to higher value and rise with the number of transactions.
203  Bitcoin / Bitcoin Discussion / Re: "Bitcoin Will Not Survive", says Jamie Dimon on: January 01, 2016, 08:05:56 PM
If bitcoin is still here after 10 years, the price is $320,000. Will we consider the bitcoin is a success?
204  Other / Off-topic / Re: How many drug dealers are using Bitcoin in this room? on: December 20, 2015, 10:33:10 AM
Most of us are not drug dealers, so we will say no. For the drug dealers, they will not tell you.
205  Other / Beginners & Help / Re: I'm newbie, few question inside on: December 06, 2015, 06:55:18 PM
Quote from: virtualx on December 06, 2015, 06:17:44 PM
Quote from: socks435 on December 06, 2015, 06:06:11 PM
Hi guys,
I wanna ask if how to earn a bitcoin except on promoting a website(signiture campaign)
Like on faucet that you can earn few satoshi's but it's just a cents
Can share your secrets that you can earn fast and easy?
or doing a long term project that you can earn lots of bitcoin if you do it successfull.
Please share your secrets..

The typical methods are: Trading, gambling, referral links, advertising and sales. Are you looking for active or passive income stream?

Only referral links, advertising and sales might bring some coins. Trading and gambling will lose me coins if I play that long enough.
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