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NyeFe
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April 12, 2015, 07:04:52 PM |
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i am so so much afraid with this btc price,i wont care how much it increases..but the thing i care is what if 1btc value reaches $100....then many big companys will be destroyed or will stop accepting it as payment....many btc shop will face losses
Many big companies would convert btc to fiat as soon as possible, which is the norm todo at this stage in time. |
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Mehek (OP)
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April 12, 2015, 07:09:34 PM |
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i know thats not a fault of bitcoin...exchange should be more secured...but when ever any exchange robbed then the huge part of money got stollen from owr community..which highly effect our price..so i think we should increace our own security because nowdays nothing is safe and a single mistake can effect on the price so if some amount of people keeps their coins safe and makes a little less profit everyday then maybe we can again reach the stable state of bitcoin
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hermes9
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Activity: 8
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April 12, 2015, 07:10:49 PM |
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i am so so much afraid with this btc price,i wont care how much it increases..but the thing i care is what if 1btc value reaches $100....then many big companys will be destroyed or will stop accepting it as payment....many btc shop will face losses
dont worry.. i think this is just a matter of time. there are a lot of changes in world economy |
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NyeFe
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April 12, 2015, 07:30:33 PM |
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i know thats not a fault of bitcoin...exchange should be more secured...but when ever any exchange robbed then the huge part of money got stollen from owr community..which highly effect our price..so i think we should increace our own security because nowdays nothing is safe and a single mistake can effect on the price so if some amount of people keeps their coins safe and makes a little less profit everyday then maybe we can again reach the stable state of bitcoin
You have absolutely lost me. |
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llanillo
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April 12, 2015, 07:38:14 PM |
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i am so so much afraid with this btc price,i wont care how much it increases..but the thing i care is what if 1btc value reaches $100....then many big companys will be destroyed or will stop accepting it as payment....many btc shop will face losses
I dont think it's the end of bitcoin or anything, we've been through this, the price of bitcoin goes down, these posts are created, the price of bitcoin rises and everyone happy, what will happen, the bitcoin will be worth less than 200$, people will buy cheap and immediately it will raise to 300$-400$ |
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hilariousetc
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April 12, 2015, 07:45:26 PM |
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i know thats not a fault of bitcoin...exchange should be more secured...but when ever any exchange robbed then the huge part of money got stollen from owr community..which highly effect our price..so i think we should increace our own security because nowdays nothing is safe and a single mistake can effect on the price so if some amount of people keeps their coins safe and makes a little less profit everyday then maybe we can again reach the stable state of bitcoin
You have absolutely lost me. I think he's saying that if bitcoin loses much of its value then companies who have invested money into bitcoin or use bitcoin to operate may face difficulties. Some cloud mining companies went bust when the value dropped significantly and had to cease operations (though of course they could have just been ponzis but I think at least one 'legit' company suffered because of the fairly recent price drop). I'm sure there have been other bitcoin businesses that suffered a similar fate too. Edit: Thought you were responding to this: i am so so much afraid with this btc price,i wont care how much it increases..but the thing i care is what if 1btc value reaches $100....then many big companys will be destroyed or will stop accepting it as payment....many btc shop will face losses
i know thats not a fault of bitcoin...exchange should be more secured...but when ever any exchange robbed then the huge part of money got stollen from owr community..which highly effect our price..so i think we should increace our own security because nowdays nothing is safe and a single mistake can effect on the price so if some amount of people keeps their coins safe and makes a little less profit everyday then maybe we can again reach the stable state of bitcoin
I think what he's saying is people need to secure their coins because when they get stolen they then get dumped and it has a negative effect on the bitcoin price. |
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Lauda
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Terminated.
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April 12, 2015, 07:49:37 PM |
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I dont think it's the end of bitcoin or anything, we've been through this, the price of bitcoin goes down, these posts are created, the price of bitcoin rises and everyone happy, what will happen, the bitcoin will be worth less than 200$, people will buy cheap and immediately it will raise to 300$-400$
Exactly. The price going down won't end Bitcoin. We're the ones who decide when it is the end. While we are all still here Bitcoin will work. The price is just a measurement. Bitcoin is perfectly fine, be it at $1000, $100, or $1. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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NyeFe
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April 12, 2015, 07:57:54 PM |
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i know thats not a fault of bitcoin...exchange should be more secured...but when ever any exchange robbed then the huge part of money got stollen from owr community..which highly effect our price..so i think we should increace our own security because nowdays nothing is safe and a single mistake can effect on the price so if some amount of people keeps their coins safe and makes a little less profit everyday then maybe we can again reach the stable state of bitcoin
You have absolutely lost me. I think he's saying that if bitcoin loses much of its value then companies who have invested money into bitcoin or use bitcoin to operate may face difficulties. Some cloud mining companies went bust when the value dropped significantly and had to cease operations (though of course they could have just been ponzis but I think at least one 'legit' company suffered because of the fairly recent price drop). I'm sure there have been other bitcoin businesses that suffered a similar fate too. Mining and ponzi based business models, hardly make-up the whole of our Bitcoin ecosystem, a few of these closing wouldn't lead to the title 'is this the end of bitcoin?' The truth, as I may have already stated, is that Bitcoin is 'THE' needed missing block, a block which is required by so many people, and businesses. So as far as Bitcoin is needed, it will never die. |
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crazyearner
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April 12, 2015, 10:38:22 PM |
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I think the only time when this will die is when Bitcoin is at $0.01 but even then it will be like a blast from the past I doubt will go anywhere near that any time soon. I will just keep on buying small amounts as price goes down and sell to other cryptos and make profit on the down trend then when and if goes on up trend sell and make a good profit. Would be nice for it to be $230s now and then spike upto $500 would be insane.
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Beliathon
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April 13, 2015, 12:49:36 AM |
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End? We've barely even begun.
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Synthetics
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April 13, 2015, 12:58:24 AM |
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Might just be a bear period, short or long term, or it could actually be the end. We'll see.
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cryptworld
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April 13, 2015, 02:06:23 AM |
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I still can understand why people can't sepparate bitcoin from humankind.
bitcoin has nothing to do with humankind mistakes and actions, bitcoin is code and it is almost perfect,so it will never be its end because it can fails.
If sites related to bitcoin fails, it does not mean that bitcoin is going to fail because security failures of the sites are only related to that sites and not to bitcoin.
Bitcoin will never be ended, it will succeed or not,but it will always work smoothly
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gentlemand
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Activity: 2590
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Welt Am Draht
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April 13, 2015, 02:12:02 AM |
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I still can understand why people can't sepparate bitcoin from humankind.
bitcoin has nothing to do with humankind mistakes and actions, bitcoin is code and it is almost perfect,so it will never be its end because it can fails.
If sites related to bitcoin fails, it does not mean that bitcoin is going to fail because security failures of the sites are only related to that sites and not to bitcoin.
Bitcoin will never be ended, it will succeed or not,but it will always work smoothly
Unfortunately humans are the ones who'll be using it with all that entails. Perhaps it might find its true place among unhackable machines dealing with each other. You can have the greatest tech ever but it's going to fade away if the services required to interact with it are operated by idiots and scum or if the whole thing is simply unwanted despite its obvious merits. |
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ajareselde
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Satoshi is rolling in his grave. #bitcoin
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April 13, 2015, 02:17:19 AM |
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well hope i was wrong..but from somedays here on bitcointalk i have seen a lot of sites collapsed due to no funds or any thing...even many exchanges also got robbed..in this week time when price is still falling....hardly there are some peoples like muhammed zakir,quickseller.....who are still tryng to develop this system and tryng to work on new projects...but i wont think with peoples scammy behaviour or stelling coins will ever make it good again...i strongly feel that we need something like mtgox..or we need many stable exchanges...anyways..lets discuss that how we can save this falling train of bitcoin
The only thing that mt.gox was good for was the fact that they were the most known bitcoin exchange site at the time, and due to lack of alternative exchanges, and increased interes in bitcoin at the time, that bubble happened. Now that you have exchanges popping up everywhere, its harder to raise the price, there is much more volume, both on the upper, and on the lower side. imho there is nothing that an average joe can do to help bitcoin price in any major way. What u wrote in the opening of your post is true, there are too many hacks and thefts for bitcoin to get larger support than it already has. What we need is regulation, strict laws that would make it impossible for people to hide behind nicknames and crypto addresses, and boom, there are no more scams, even better than that, you could see where every cent went, which will make bitcoin even more attractive for some people. cheers |
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BIT-Sharon
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April 13, 2015, 02:24:01 AM |
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Though its price is deceasing to a place that few of people like to get touch with, there are still companies start to accept it as the payment. Bitcoin is six years old, it is too young or too old. We can't say it is the end of it or the new start of it.
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NyeFe
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April 13, 2015, 03:02:37 AM |
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i am so so much afraid with this btc price,i wont care how much it increases..but the thing i care is what if 1btc value reaches $100....then many big companys will be destroyed or will stop accepting it as payment....many btc shop will face losses
Wow you're really that stupid. I thought i would let others say it nicely to you but god damn, did your mother take pills while carrying you? Believe me when I tell you that I've deleted many drafts, before I decided It would be better not replying |
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Hazir
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★Nitrogensports.eu★
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April 13, 2015, 03:05:59 AM |
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Though its price is deceasing to a place that few of people like to get touch with, there are still companies start to accept it as the payment. Bitcoin is six years old, it is too young or too old. We can't say it is the end of it or the new start of it.
It is true but prior to year 2013 bitcoin price was like... not existent (Bitcoin was worth less than $13 at the end of 2012) and only a handful of people knew about bitcoin at that time. So it was not really that much of a life it had back then. It is really amusing how people are stubborn and refuse to believe that it is indeed our future. Just like internet and mobile phones are our reality now. |
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merve10495
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April 13, 2015, 03:15:16 AM |
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i am so so much afraid with this btc price,i wont care how much it increases..but the thing i care is what if 1btc value reaches $100....then many big companys will be destroyed or will stop accepting it as payment....many btc shop will face losses
Almost all big companies should be converting their BTC to fiat in large increments. And also adjusting their prices in accordance with changes in BTC to fiat rates. |
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gentlemand
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Activity: 2590
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April 14, 2015, 12:01:20 AM |
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Almost all big companies should be converting their BTC to fiat in large increments.
And also adjusting their prices in accordance with changes in BTC to fiat rates.
I'm guessing he means bitcoin specific companies, or maybe I'm reaching. It's not a big deal if a retailer falls away. If Bitpay or Coinbase decide payment processing wasn't viable any more then that's a proper hiccup. |
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hikedoon
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April 14, 2015, 02:00:42 AM |
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i am so so much afraid with this btc price,i wont care how much it increases..but the thing i care is what if 1btc value reaches $100....then many big companys will be destroyed or will stop accepting it as payment....many btc shop will face losses
Wow you're really that stupid. I thought i would let others say it nicely to you but god damn, did your mother take pills while carrying you? LOL. I thought so too till i read her/his previous posts. How long till this account is sold? Welcome to my ignore list Mehek.Or whoever buys your account. |
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