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Author Topic: Bitcoin: Should you stay or should you go?  (Read 33410 times)
Dotakels
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June 13, 2015, 05:20:11 AM
 #61

It should stay Cheesy no matter what bitcoin price is higher or lower just be satisfied what bitcoin price because we dont control the changes price of bitcoin

Yes that is true. If you have faith in bitcoin you should stay or should leave. If you want to grow your bitcoins in quick session then it is really difficult to that. But if you can hold your bitcoins for a longer period of time then it can prove to be profitable in the future. But still we don't have control over it so it is a tough decision to make whether to stay or to go. Huh
You must stay to this forum for giving us an opportunity to earn bitcoin and also for satoshi that invented the  bitcoin. Whenever it price goes up or not.

I believe we should stay as coming to any decision at this point of time would not be fair. I believe the the value of bitcoin will raise in coming period of time as the adoption will go high. So I think we should be more patient with bitcoins as we are aware that "Patience Pays". Grin
Yeah thats the reason why we can't leave the bitcoin. We need money as easiest way to earn it like in signature campaign or making a website faucet.

We simply cannot afford to leave bitcoin at a moment as the great future is awaiting for us So It would be stupid decision to make to leave bitcoin and there are many ways of growing your bitcoin so the best thing at present is hold the bitcoin in your wallet and keep it safe for the future.

How can you be so sure regarding bitcoin that it has a great future? We simply don't know what bitcoin have us for the future it can be a vice-versa. It will grow like anything or else it will diminish so It is really difficult to make any judgement at present regarding the future of bitcoin.

no matter what will be its future, we should stay just to see what it will be, it's a gamble at this point, that will favor those who are strong enough to hold until the end, remember that the chance of rising is still higher, than the chance of falling, at least by a mathematical point of view
But still you should not leave bitcoin, after you used it you will trashed it like a paper? Participate or support bitcoin.

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June 13, 2015, 06:54:52 AM
 #62

How long did home computing and the Internet revolution really take?


it's wasn't a few years, it was decades. I got my fist home computer, it had 1k of Ram. I would say only in the last few years has the Internet become a product used as ubiquitously as a fridge or the TV worldwide. It took the smart phone to take home computers to the masses also. Digital currency in some form or another is with us now, it might take years even decades but it won't go now.
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June 13, 2015, 07:17:36 AM
 #63

How long did home computing and the Internet revolution really take?


it's wasn't a few years, it was decades. I got my fist home computer, it had 1k of Ram. I would say only in the last few years has the Internet become a product used as ubiquitously as a fridge or the TV worldwide. It took the smart phone to take home computers to the masses also. Digital currency in some form or another is with us now, it might take years even decades but it won't go now.

Bitcoin has revolutionary financial system and that is next generation fiat currency with wide scope of it adoption around the globe like normal fiat currency, as the time is passing away we are looking it growing stronger and stronger with it's acceptance by big merchants so as the adoption will grow by public awareness than people will know it is more than just a currency.
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June 13, 2015, 07:27:12 AM
 #64

It will be bitcoin or a competing altcoin. It's not the name that matters, it's the technology.
no altcoin has the potential nor the support nor the technology to compete with bitcoin. I am not saying that there never going to be anything but there is nothing right now.

you say it instead(your first sentence), many think that there would be an altcoin in the future that will be better than bitcoin, i say this is a blatant bullshit, not gonna happen, nothing can be comparable to the huge network of bitcoin, every new coin would just be a bad joke in comparison

and no coin can just be created and surpass bitcoin overnight, it will need so much time for any new coin,  to even start to think to overcome 10% of what bitcoin really is, and meanwhile bitcoin will be already on the moon with even more of a huge network
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June 13, 2015, 07:54:11 AM
 #65

It will be bitcoin or a competing altcoin. It's not the name that matters, it's the technology.
no altcoin has the potential nor the support nor the technology to compete with bitcoin. I am not saying that there never going to be anything but there is nothing right now.

you say it instead(your first sentence), many think that there would be an altcoin in the future that will be better than bitcoin, i say this is a blatant bullshit, not gonna happen, nothing can be comparable to the huge network of bitcoin, every new coin would just be a bad joke in comparison

and no coin can just be created and surpass bitcoin overnight, it will need so much time for any new coin,  to even start to think to overcome 10% of what bitcoin really is, and meanwhile bitcoin will be already on the moon with even more of a huge network
Don't be so sure. Every Yahoo has its own Google. Bitcoin can be dominant right now but there were many projects in the past which people thought were unsinkable as well.
Many companies and technologies are thing of the past now and no one foresaw it before it was too late for example: Nokia, Yahoo. Bitcoin might be big right now but it doesn't mean it is a clear victor.

We need that killer apps and services!


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June 13, 2015, 08:49:11 AM
 #66

It will be bitcoin or a competing altcoin. It's not the name that matters, it's the technology.
no altcoin has the potential nor the support nor the technology to compete with bitcoin. I am not saying that there never going to be anything but there is nothing right now.

you say it instead(your first sentence), many think that there would be an altcoin in the future that will be better than bitcoin, i say this is a blatant bullshit, not gonna happen, nothing can be comparable to the huge network of bitcoin, every new coin would just be a bad joke in comparison

and no coin can just be created and surpass bitcoin overnight, it will need so much time for any new coin,  to even start to think to overcome 10% of what bitcoin really is, and meanwhile bitcoin will be already on the moon with even more of a huge network
Don't be so sure. Every Yahoo has its own Google. Bitcoin can be dominant right now but there were many projects in the past which people thought were unsinkable as well.
Many companies and technologies are thing of the past now and no one foresee it for example: Nokia, Yahoo. Bitcoin might be big right now but it doesn't mean it is a clear victor.

We need that killer apps and services!

I agree with you.
The market currently has a lot of good ideas and projects, and often the good ideas are not enough for success if it is not well presented to the public and well promoted.
Bitcoin is currently number 1 in the field of virtual currency, but it can be replaced with some other ''big'' thing if we don't make breakthrough in next a year or two and become mainstream.
I am personally associated with bitcoin, and I'd love to see it succeed in the long run but if anything better than Bitcoin show up, I will readily accept change, like most other users.
It all comes down to profits and earnings, and ease of use.


Marbit
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June 13, 2015, 08:58:12 AM
 #67

Bitcoin is here to stay and it is the future of finacial world. The upcoming generation will be one of them who will adapt bitcoin in a faster rate that it was ever, thanks to easy digital communications. Social media will also boost the speed of bitcoin adoption throughout the world. Bitcoin will stay and for long time.
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June 13, 2015, 09:00:38 AM
 #68

Bitcoin is here to stay and it is the future of finacial world. The upcoming generation will be one of them who will adapt bitcoin in a faster rate that it was ever, thanks to easy digital communications. Social media will also boost the speed of bitcoin adoption throughout the world. Bitcoin will stay and for long time.

Well said.  I am investing like 20 percent less in BTC than I did, say, a year ago but I still believe in it.  Smiley

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June 13, 2015, 09:42:43 AM
 #69

Bitcoin is here to stay and it is the future of finacial world. The upcoming generation will be one of them who will adapt bitcoin in a faster rate that it was ever, thanks to easy digital communications. Social media will also boost the speed of bitcoin adoption throughout the world. Bitcoin will stay and for long time.

Well said.  I am investing like 20 percent less in BTC than I did, say, a year ago but I still believe in it.  Smiley

may i know what your reason is for investing less in bitcoin than you usually would? because you already have near enough or is there an other reason?
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June 13, 2015, 09:48:53 AM
 #70

It will be bitcoin or a competing altcoin. It's not the name that matters, it's the technology.
no altcoin has the potential nor the support nor the technology to compete with bitcoin. I am not saying that there never going to be anything but there is nothing right now.

you say it instead(your first sentence), many think that there would be an altcoin in the future that will be better than bitcoin, i say this is a blatant bullshit, not gonna happen, nothing can be comparable to the huge network of bitcoin, every new coin would just be a bad joke in comparison

and no coin can just be created and surpass bitcoin overnight, it will need so much time for any new coin,  to even start to think to overcome 10% of what bitcoin really is, and meanwhile bitcoin will be already on the moon with even more of a huge network
but I think there can be another coin in the distant future that might have the potential of replacing bitcoin. since bitcoin is not perfect and it has its flaws I say that is possible.

unless bitcoin changes and fixes those flaws. for example there is the time that is needed for a transaction to be confirmed, it is not immediate. or the blockchain size which is over 30GB in size I believe.

Dotakels
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June 13, 2015, 12:53:13 PM
 #71

Bitcoin is here to stay and it is the future of finacial world. The upcoming generation will be one of them who will adapt bitcoin in a faster rate that it was ever, thanks to easy digital communications. Social media will also boost the speed of bitcoin adoption throughout the world. Bitcoin will stay and for long time.

Well said.  I am investing like 20 percent less in BTC than I did, say, a year ago but I still believe in it.  Smiley

may i know what your reason is for investing less in bitcoin than you usually would? because you already have near enough or is there an other reason?
Its better to invest in bitcoin than into fiat money because the price of bitcoin is not stable and it may high or low. So that if your investment is successful you can keep it until the price of bitcoin go up and then you can change it into fiat money.

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June 13, 2015, 01:10:01 PM
 #72

Bitcoin is here to stay and it is the future of finacial world. The upcoming generation will be one of them who will adapt bitcoin in a faster rate that it was ever, thanks to easy digital communications. Social media will also boost the speed of bitcoin adoption throughout the world. Bitcoin will stay and for long time.

Well said.  I am investing like 20 percent less in BTC than I did, say, a year ago but I still believe in it.  Smiley

may i know what your reason is for investing less in bitcoin than you usually would? because you already have near enough or is there an other reason?
Its better to invest in bitcoin than into fiat money because the price of bitcoin is not stable and it may high or low. So that if your investment is successful you can keep it until the price of bitcoin go up and then you can change it into fiat money.

But bitcoin isn't guranteed to go up... it can also go down. Bitcoin could collapse at some point too (though I guess you could say the same about fiat money but I think that would be less likely though not impossible).
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June 13, 2015, 01:26:44 PM
 #73

many bitcoin startups are sprouting all over the place and it is going more and more mainstream day by day. It will only get better and better over the coming year. I see this coming year as being the tipping point for Bitcoin and ...Prices to surge Wink

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June 13, 2015, 02:22:57 PM
 #74

Bitcoin is here to stay and it is the future of finacial world. The upcoming generation will be one of them who will adapt bitcoin in a faster rate that it was ever, thanks to easy digital communications. Social media will also boost the speed of bitcoin adoption throughout the world. Bitcoin will stay and for long time.

Well said.  I am investing like 20 percent less in BTC than I did, say, a year ago but I still believe in it.  Smiley
but i think this is a great time to start investing in bitcoin, because the price is low and as many people believe, the price is going to go up soon which makes now the best point to invest in bitcoin.

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June 13, 2015, 02:29:17 PM
 #75

Its better to invest in bitcoin than into fiat money because the price of bitcoin is not stable and it may high or low. So that if your investment is successful you can keep it until the price of bitcoin go up and then you can change it into fiat money.
So you can expect a lot of years and did not wait for an upward price movement. There is an option even worse when the price can fall. I think it is very risky to keep all the money in Bitcoin. Only a certain amount. Fiat money is a long time will remain the most popular.
Quote
and as many people believe
This is only a hope.
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June 13, 2015, 02:34:04 PM
 #76

I don't care about killer apps. I use Bitcoin to pay for things, store value, and to avoid shitty financial companies and governments. I won't leave Bitcoin.

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June 13, 2015, 03:27:30 PM
 #77

It will be bitcoin or a competing altcoin. It's not the name that matters, it's the technology.
no altcoin has the potential nor the support nor the technology to compete with bitcoin. I am not saying that there never going to be anything but there is nothing right now.

you say it instead(your first sentence), many think that there would be an altcoin in the future that will be better than bitcoin, i say this is a blatant bullshit, not gonna happen, nothing can be comparable to the huge network of bitcoin, every new coin would just be a bad joke in comparison

and no coin can just be created and surpass bitcoin overnight, it will need so much time for any new coin,  to even start to think to overcome 10% of what bitcoin really is, and meanwhile bitcoin will be already on the moon with even more of a huge network
Don't be so sure. Every Yahoo has its own Google. Bitcoin can be dominant right now but there were many projects in the past which people thought were unsinkable as well.
Many companies and technologies are thing of the past now and no one foresaw it before it was too late for example: Nokia, Yahoo. Bitcoin might be big right now but it doesn't mean it is a clear victor.

We need that killer apps and services!

Exactly we cannot be so sure about the bitcoin that it will change the world in coming years. Anything is possible it can grow like anything or it can be just on the paper in the future. The best way is to take an individual decision whether to stay or leave as you cannot guarantee anything out of it.
torrentheaven
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June 13, 2015, 05:33:49 PM
 #78

It will be bitcoin or a competing altcoin. It's not the name that matters, it's the technology.
no altcoin has the potential nor the support nor the technology to compete with bitcoin. I am not saying that there never going to be anything but there is nothing right now.

you say it instead(your first sentence), many think that there would be an altcoin in the future that will be better than bitcoin, i say this is a blatant bullshit, not gonna happen, nothing can be comparable to the huge network of bitcoin, every new coin would just be a bad joke in comparison

and no coin can just be created and surpass bitcoin overnight, it will need so much time for any new coin,  to even start to think to overcome 10% of what bitcoin really is, and meanwhile bitcoin will be already on the moon with even more of a huge network
Don't be so sure. Every Yahoo has its own Google. Bitcoin can be dominant right now but there were many projects in the past which people thought were unsinkable as well.
Many companies and technologies are thing of the past now and no one foresaw it before it was too late for example: Nokia, Yahoo. Bitcoin might be big right now but it doesn't mean it is a clear victor.

We need that killer apps and services!

Exactly we cannot be so sure about the bitcoin that it will change the world in coming years. Anything is possible it can grow like anything or it can be just on the paper in the future. The best way is to take an individual decision whether to stay or leave as you cannot guarantee anything out of it.

Exactly.We can be rich like anything or else will be no where.. As it is really difficult to judge the future of bitcoin and the main reason is that its value is continuously going down at a moment so that is the fear the minds of the people who are actually into the bitcoins.
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June 13, 2015, 05:42:35 PM
 #79

Without a defining killer app, I am confident that Bitcoin will, in fits and starts, inevitably return to its 2009 levels. It would be pointless to guess how long that process will take; or when that killer app will appear although I am also confident it will appear at some entirely unpredictable point.


I don't follow your question. Bitcoin is a currency or an asset class. Does the Yen or the Euro need a "killer app" to be successful or useful? No. QT scan codes already exist, which enable the payment to be recognized.

What's missing that only a "killer app" could provide, and why does that thing that's missing (if something is) drive solely the future success or failure of bitcoin?

Are you saying that business owners don't have an easier way to facilitate payments? Are you saying that mobile applications drive user adoption of a new idea or technology?

Education and comfort level is a big part of this. Computers weren't deemed to be important or a necessity when they first came out. The internet wasn't considered a necessity when it first became available. Education and time changed the popular opinion. The same can happen with Bitcoin...I don't think a killer app is the single solution.

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June 13, 2015, 07:04:34 PM
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bitcoin in long term  should have a bright future and that gives the reasons that we are all here talking about it.
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