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Those people who panic when price goes down a little bit don't have a trust on bitcoin. I also have read those threads and topi s and almost all topics like that I think I replied that it is a normal thing to happen etc. This is disappointing me a little because having like that attitude won't make us successful. In any aspects also. I guess this is the negative thing about the bitcoin: so open tbat time to time people check it and will fuss arpund when it drops.
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Personally, I see the future without fiat money, but a full cashless settlement. The Internet currency is the currency of the future, there will be a word behind it.
That is impossible to happen. though we already have different crypto currencies around and they are more known, fiat will never be removed from countries. We need it, and what are you saying is not necessary in this topic because what you said falls into another problem. It only says here thay bitcoin will be dominant over fiat because of what it can do in transactions. |
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In a few days, we will be reaching $15000 again. Those who sold dont know the game.
It would be a great regret for those people who sold their bitcoins now, but i believe it is not too late to buy again bitcoin. So if they had changed their minds, they should be biying bitcoins again, before bitcoin's price will go pump and increase. We really don't know what may happen in the next weeks and months, but for sure many people are expecting in bitcoin. |
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BTC rises and falls, but the trend is upward in the long run.
This is true. People are full of complaints about the increasing and decreasing of prices of different crypto currencies, when the fact that bitcoin already had done so many things in the world of industry and technology is already a thimg that we should be grateful for. Without this, probably crypto would not be known in different parts of the world. |
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Many government are seeing Bitcoin or cryptocurrency as a threat to their financial system and they think it should be regulated to solve the problem. Do you think they can regulate Bitcoin ?
I don't think that is the problem here, and there is no way the government will be able to regulate bitcoin by itself. Governments can only regulate the usage of these currencies by the people, they can ban cutrencies in their country, but they will never get to control the bitcoin itself. They should not problem themselves about it. |
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The Crypto World has Witnessed a lot of Ups and Downs (Mostly "Downs" Though) this year 2018. Now we are at a point where most investors percieve to be the best time to invest in Cryptocurrency, but unfortunately the dip has only worsened.
This has left a lot to ponder and a lot of people are starting to ask the question "Is this the end of Cryptocurrency?; especially BITCOIN".
Let Me Have Your Take, What do you think? Leave a comment below.
Cheers
I don't think already that it will be the fall of bitcoin, for this situation is normal in crypto currencies. They go up and down and we could not predict it. Though we experience these things, we still get benefits in using crypto currencies and even though we think that prices would not be higher than before, we need to stay patient in times like these. |
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The thing is, people who post trash likes posting on trash topics. It's pretty much the best place for them to spam some replies(with the same level of trash quality) to get the required postcount for their bounties. That's why you see those trash posts having so much replies in less than an hour, compared to topics that are quite complicated for them(e.g. topics about BIP39 wallets, etc)
That is true, they use those topics to increase their number of posts for their bounty programs, so trashy posts go updated again. Those topics or questions usually just need a common sense to answer. Separating the newbies of course, but they should learn that before posting a new topic, they should have read first the rules and regulations in the forum. |
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After surfing through the good side of BItcoin I was asked to give reasons why bitcoin won't last by a friend I searched through the web and found the following
1: Exposure to Bitcoin-Specific Scams and Fraud.
2: Black Market Activity May Damage Reputation and Usefulness.
3: Susceptible to High Price Volatility.
4: No Chargebacks or Refunds.
5: Potential to Be Replaced by Superior Cryptocurrency.
6:Environmental Ills of Bitcoin Mining.
7: Bitcoins Are Not Widely Accepted.
8: Wallets Can Be Lost.
9: Risk of Unknown Technical Flaws
10: No Physical Form
Guess what non of those mentioned above was big enough to discourage my friend from joining Cryptocurrency (buying bitcoin).
Which of the following disadvantages are you afraid of and how do you think it can be resolved
I think the ninth reason (risk of unknown technical flaws) makes me afraid of it, but beyond one of those fears I still use and invest bitcoin. These reasons may be the factors that it won't last long, but I believe that in the following years, many researchers will come find a solution in every problem in using crypto currencies. |
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Even though we are experiencing nowadays the bitcoin's price of not being that high, it does not mean bitcoin will turn down and will stop functioning. In these times we should remain calm and wait for it to be high. Before, bitcoin's price is really not that high, but due to increase of users, and demand also, its price became higher than before. So we should be patient about it.
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Ignoring and removing bitcoin to our life is the biggest and worst things that can we do into our life. Bitcoin can actually gave us a huge of opportunities and benefits. It's lighten and brighten up our way just to have or reach our goal and dreams in our life so how we can ignore it in our life if it's helping us in so many ways. I can't never been ignore it and remove it in my life because bitcoin means a lot for me so I will continuously supporting it and I believe it will be much successful in the future.
It is sure that Bitcoin is a great help to the most people and I assume, even everyone who uses it. It has a lot of benefits and choosing it to ignore is not a really smart move to do, and after all that we experienced in it, ignoring it in the end does not makes sense. it also shows that the one who posted this is not ready to wait that long and receive the benefits in using bitcoin. |
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It is impossible for fiat currencies to be crashed. Not in our lives will happen that for sure. We are living now in the digital world but that doesn't mean that digital currencies will replace fiat. System in different countries will be a chaos and we all know that there are still parts of different countries experience poverty. How about them? Also, fiat currencies are one of identity of a certain country. Government will not allow it.
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We have seen ETH going up and down so many time. Now do you think ETH is officially dead, why do you think so?
I won't accept this claim. It is true that its price is going up and down, and that's the sign that it is used by many people and is successful. Not any longer etherium's price will be higher than before as users of crypto currencies are increasing. Eth is not dead and will never be. Not now that users are using this currency in alternative currencies. |
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So what is your opinion on this matter from an economic point of view, with crypto in mind?
For me, like the other users here, I recommend learning Japanese language because in Japan, there are already a lot of ICOs going successful, and in favor in your side, then it would be much easier for you. I have heard before that China banned bitcoin but I'm not sure about it. Before, I joined a bounty campaign headed by Chinese, and it was scammed. Just sharing my experience here. |
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It shouldn't be a defined amount of time and should be when you can. You should be able to constantly be learning about Bitcoin and cryptocurrencies in general. Researching could just mean looking at this forum and taking in the knowledge of other posters here.
I agree with the statement, because actually, we really don't need to measure the time in researching about bitcoin. That depends on the person, if he is more focused in learningore about bitcoin, he gives more time to it, on the other hand, people who focus less on bitcoin because of the physical activities they need to do, tend to give less time learning about it. |
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Legendary investor Tim Draper is confident that in five years all will use crypto currency. According to Draper, the technological shift that we can observe now will be more significant than the transition from the Stone Age to the Bronze Age. Answering the question about how he sees the current situation in comparison with the period when he invested in the technologies of web 1.0 and 2.0, he replied that web technologies and transformed the concept of information, while blocking has the potential to transform almost all industries, including government services.
This is a good thing for us users, and the users of crypto currencies ever since it was created will be glad for sure. These crypto currencies have a lot of benefits that users can be used. Nowadays many people are already familiar with these, and what Tim said is not impossible to happen because for sure in the future everyone will be using this type of currencies. |
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I somehow managed my bitcoin loss through holding on to it still, and findung more ways to earn bitcoin. It is hard to recover from high prices to low, but you must know how to deal with it. We all knwo that we can gain something of we are patient enough to waot for it. In earning also, of course we must exert efforts and be petient to get the good fruit.
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In the G20,approval of the Bitcoin is 15 countries,more than the half,
in this view,we still have the faith in Bitcoin,
at the moment,maybe someone said the death of Bitcoin is in the China,because the China is the only one who makes Bitcoin illegal,
So,the death of the bitcoin will come ture ?
what is your predict about the future of the bitcoin?
I don't think for now, bitcoin will not die. As we can see from its past, it has survived even though there are really few people whonuse this. Because of perseverance, bitcoin is slowly known in the internet and to think about its status now, I believe it has succeeded its past years. If more people will use it in the future, it will survive the next years. |
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I would like to know if cryptocurrency will replace fiat money in the future, also if so how long it will likely take. Also, I would like to know which coin you think would take over if one will. (E.G. Dogecoin, BTG, LTC, XMR)
Don't ever think about it again. It will never happen. Fiat currencies make the identity of a certain country; so we can recognize a country. Also, the givernment won't let it if ever, because they have no control of the crypro currencies, and to regulate the people they must hold also the money. |
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I wish I was joking but this market will take at least 2 years to recover and build momentum again.
Market fundamentals have changed!
I do not agree that it will take two years to recover the market. We have all observed what happened last year, and I believe that is likely to happen also this year. There are already many people who are using crypto currencies and because of this, prices may go higher too. Status of crypto currencies nowadays is different from its earlier years. There will be a change of course in between the two. |
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