Do you really think bitcoin can't fail?

[ekissane]

I'm not trying to be a scare mongering bear but the last few months have been difficult to stomach.  I don't have much to lose as I made a lot of money last year with bitcoin so if it tanks so be it but I'd love to see it soar.
I haven't lost faith yet but starting to.
What do you think?

[Muuurrrrica!]

i think it's healthy to keep looking at all possibilities.

People not wanting to see/refuse to discuss all angles live a dangerous investors life. They are more  playing roulette.

Good trader keeps an open mind to all options but on the other hand does not let himself be directly affected by what others say. Draw your own conclusions while listening to all angles is good advice maybe.

Of today i found this thread interesting:
https://bitcointalk.org/index.php?topic=897019.0

i am undecided right now like most are.

[zetaray]

There will be hiccups and there will be security issues. But there are devs to fix them and community support. That is want makes bitcoin much stronger than any other alts.

[Muuurrrrica!]

There will be hiccups and there will be security issues. But there are devs to fix them and community support. That is want makes bitcoin much stronger than any other alts.

oh well, alts can do the same. But i think your comment is a little offtopic right there 

[zetaray]

oh well, alts can do the same. But i think your comment is a little offtopic right there  

No they can't. I have read your recent posts. Please keep your alt pump and dump crap elsewhere.
DON'T FEED THE TROLLS!

[Muuurrrrica!]

oh well, alts can do the same. But i think your comment is a little offtopic right there  

No they can't. I have read your recent posts. Please keep your alt pump and dump crap elsewhere.

why can they not? (this thread is now hijacked)

edit:
ah, i see you refuse to discuss. Your choice.

[MemoryShock]

I think twenty million into sidechain research (http://dcmagnates.com/tech-leaders-affirm-their-faith-in-sidechains-invest-21-million-in-blockstream/)...after a year of falling price...is a great indicator into the direction of this question.

Is BTC to big to fail?  No.  But decentralized banking is coming and I don't think that BTC is going to not be a part of that.

Or not...

[exocytosis]

I think 2015 will be the year Bitcoin goes back to single digits, where it belongs. It'll be the year when cultists and bulltards start having a really hard time recruiting innocent newbies into this ponzi scheme.

[samson]

Bitcoin won't fail, it will continue regardless of what happens to the price.

The price doesn't really matter. What matters in my opinion is some form of stability, be it at $1 or $1000, it's irrelevant.

If Bitcoins cost $1 each they can still be spent just as easily as when they cost $1000 each, you just buy more of them to make your transaction.

Speculators always run the risk of losing everything, but you knew that anyway.

[spiderbrain]

Bitcoin doesn't stand or fail based upon the price, it stands or fails based upon whether it is used, and it is being used more and more. I have also watched this year going by losing a lot of theoretical value, but on the other hand I've been more and more glad I sold some at the top. If the fundamentals were looking worse than last year I might be worried, but they are all looking on track as far as I'm concerned. My perspective is one of a multi-year high risk investment, and all of the fundamentals which would lead to it eventually bearing fruit are progressing as I expected, so I can't complain.

It looks like we're going to test the 275 bottom again, we might break it, we might not, but if it goes a lot lower I'll just start replacing the one's I sold before.

[Soros Shorts]

Bitcoin won't fail as long as someone is running a node on the network and the price is not $0. A $4 billion market cap won't disappear overnight.

[DaRude]

Well go back to basics, how do you determine failure? In hashing power? VC $$? adoption? Or in $$ amount? Then, will it fail for you if it goes to $250 $200 $150 ...?

Until you start seeing major online drug markets start switching to some alt Bitcoin is doing alright. That's be my first indicator

[Elwar]

It won't fail as long as I am still alive. So...another 1 or 2 hundred years at least.

[Amph]

is still far above the last fall, so why worry about it? those are just dumping before the christmas holiday, people need to buy their gift

you should buy bitcoin as a gift

[nauane]

There will be hiccups and there will be security issues. But there are devs to fix them and community support. That is want makes bitcoin much stronger than any other alts.

You're right. I share your opinion