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Author Topic: is this the end of bitcoin?  (Read 5142 times)
bigcrypto
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April 14, 2015, 02:17:53 AM
 #61

Bitcoin is endless, you won't see it die
Lauda
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April 14, 2015, 04:47:21 AM
 #62


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.
I hardly doubt that. There is no logic in that. If Bitcoin reaches $100, anyone who accepts it via Bitpay won't get hurt at all.
If he's thinking about the shops that don't convert it to fiat, they aren't going to get damaged either. How are they going to get damaged if they are holding their Bitcoin?

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Lexi Price
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April 14, 2015, 05:09:16 AM
 #63

OP , by that same logic you could say many US companies went bankrupt , is this the end of the dollar?

LOL you really want to use that for an example?   Grin

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April 14, 2015, 05:12:27 AM
 #64

Death to bitcoin. Long live bitcoin.

Repeat ad nauseum.


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EternalWingsofGod
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April 14, 2015, 05:15:19 AM
 #65

Right now it's the end of the old infrastructure, we will see if btc dies with it
In a sense this is an interesting view of the issue
The infrastructure developing now and the decentralized networks to replace them later, relatively it is the end of at least one architecutre even if it was only to be a piecemeal solution for later technology.

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April 14, 2015, 06:47:20 AM
 #66

No, this is definitely not end of Bitcoin. Many people tend to watch price of BTC/USD. Exchanges are open and closed, some business is open some is closed too. This is life and there is no one who will impact on fact that Bitcoin is available and alive.
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April 14, 2015, 07:19:56 AM
 #67

there is no one who will impact on fact that Bitcoin is available and alive.
i will
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April 14, 2015, 07:37:30 AM
 #68

there is no one who will impact on fact that Bitcoin is available and alive.
i will

I, as well.

Daniel91
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April 14, 2015, 07:45:28 AM
 #69

Right now it's the end of the old infrastructure, we will see if btc dies with it
In a sense this is an interesting view of the issue
The infrastructure developing now and the decentralized networks to replace them later, relatively it is the end of at least one architecutre even if it was only to be a piecemeal solution for later technology.

Yes, I think also like this.
Infrastructure can change and develop but I don't think this will affect bitcoin much.
Technology is evolving every day and it is a very good thing.
Right now, I'm much more worried about the value of Bitcoin, and its price and stability, rather than on how the development of infrastructure affect BTC.

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tzortz
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April 14, 2015, 08:10:56 AM
 #70

I believe the price is manipulated by the big trading funds.

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April 14, 2015, 08:40:36 AM
 #71

I believe the price is manipulated by the big trading funds.
Ditto!
You can only stretch an elastic band so much ...

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April 14, 2015, 08:50:57 AM
 #72

I believe the price is manipulated by the big trading funds.

I agree. And sadly it's only beggining of the war.
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April 14, 2015, 08:54:38 AM
 #73

No, this is definitely not end of Bitcoin. Many people tend to watch price of BTC/USD. Exchanges are open and closed, some business is open some is closed too. This is life and there is no one who will impact on fact that Bitcoin is available and alive.
I don't think so. I guess you are basing on the spiraling downtrend price. Nowadays the price is not one of the primary concern for the venture capital investors, which are still injecting millions of dollars into the bitcoin related projects to support the ecosystem. 

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April 14, 2015, 09:39:08 AM
 #74

I hope what you say is not true. Bitcoin is a decentralized payment systems and large companies will try to take advantage of Bitcoin. So, I hope this is not the end of bitcoin and BTC can long live.
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April 14, 2015, 11:26:04 AM
 #75

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

Sites are always collapsing. Mostly because of the lack of sustainable business plan and incompetence. No offence but muhammed zakir, quickseller and so on are quite insignificant players especially if you compare them to the wall street guys who turned up around BTC recently, or to some of the whales here.

Your scoop seems to be a bit limited. If you try to see the wider picture you will find that a bunch of high-flyers pouring big money into bitcoin, and these people not used to waste money on dead causes.
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April 14, 2015, 11:31:01 AM
 #76

Just because price is going down doesn't mean that it spells the end of bitcoin. Exchangers are operating as normal. Businesses dealing with bitcoin are still there. If the price falls further, I only see that as an opportunity to get hold on more of the coins.

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April 14, 2015, 11:54:49 AM
 #77

Just because price is going down doesn't mean that it spells the end of bitcoin. Exchangers are operating as normal. Businesses dealing with bitcoin are still there. If the price falls further, I only see that as an opportunity to get hold on more of the coins.

every time there is a big dump they call the end of bitcoin, i guess bitcoin has many life seeing how is still alive

the real end is only zero nothing else, 221 isn't exactly zero...
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April 14, 2015, 11:55:32 AM
 #78

OP , by that same logic you could say many US companies went bankrupt , is this the end of the dollar?

Only time will tell, I've heard lots of terrorists and criminals use dollars so I'm a bit reluctant to carry round any fiat in case I get arrested and put on a watchlist.


@OP Fear not my pessimistic friend, the moon cometh....


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Mehek (OP)
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April 14, 2015, 05:05:05 PM
 #79

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.
hey i am not gonna sell my account...sorry if u dont find my question justified
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April 14, 2015, 05:11:39 PM
 #80

what if bitcoin price crashed...due to any serious mistake or problem...can it still be recovered?
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