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Author Topic: Bitcoin in 2015: Why did bitcoin fail?  (Read 3331 times)
Duomo
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November 28, 2015, 07:27:49 PM
 #21

I would say Bitcoin did not fail. It had the usually ups and downs but it is finishing the year higher than it was the beginning of last year. I see long term potential for growth and you should be prepared for the long ride.
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November 28, 2015, 07:38:58 PM
 #22

This is nonsense. Bitcoin did not fail. Bitcoin has succeeded long ago. Just because some think Bitcoin needs to be valued over XXXX$ and accepted by everyone, everywhere that doesn't make it so. Bitcoin has succeeded already and is slowly gaining pace. Change is very hard for most people. You should change the thread title (e.g. Did Bitcoin fail to meet expectations?); else this could be seen as a FUD attempt because of the misleading title.

It did not fail but it did not make much progress either and i'm not talking about the price but rather the stability, of course the price going down didn't help either and the volume of trades hasn't gone up that much

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BlindMayorBitcorn
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November 28, 2015, 07:42:12 PM
 #23

I think bitcoin didn't as it was expected to. What do you think about bitcoin in 2016?

You're trolling right? 

Of course he is. Roll Eyes

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November 29, 2015, 03:21:57 AM
 #24

Why didn't it do as expected?

It is still going strong and the bottom seems to have been touched and left.

he probably means how sooo many people hang around making grand price predictions.
then they are gone when the time is up LOL

like guys claiming it would go to 10k in 2014  Roll Eyes

FUD first & ask questions later™
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November 29, 2015, 05:20:02 AM
 #25

Bitcoin failed because it was an attempted software implementation of a specific political movement that does not have wide appeal

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angaper
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November 29, 2015, 05:40:13 AM
 #26

Bitcoin has failed this year? I don't think so, and I would like to know your arguments to affirm this matter because in my opinion this has been a great year for bitcoin, with much more stability in price and an increasing expansion between businesses and consumers.
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November 29, 2015, 06:21:32 AM
 #27

I don't really understand what you are trying to say. I don't really see how Bitcoin hasn't done what is was expected to do. It is the best cryptocurrency in the world and it has made peoples lives easier so I think it has definitely lived up to its hype.
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November 29, 2015, 06:30:41 AM
 #28

I think bitcoin didn't as it was expected to. What do you think about bitcoin in 2016?
Do you mean the price? The price has actually been pretty steady throughout 2015.

I think in 2016 we'll see the price reach or pass $1,000.

Bitcoin has been very steady throughout the whole year. It has done what it had to do. I think that the price will definitely breach $1000 in 2016.
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November 29, 2015, 06:58:30 AM
 #29

The only thing it has failed at, is that it could not complete a whole year without a small bubble happening. It has actually matured a lot more since it's volatile years. In years

prior to this, everyone was asking for a less volatile currency, and we got just that... Now people see that as a failure..  Huh Huh ...I see that as a success.  Wink As for 2016, I would

predict very strong competition form competing "private" ledgers and a little spike after the Halvening.  Roll Eyes

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November 29, 2015, 07:05:31 AM
 #30

Why do you consider bitcoin to have failed? The price is not the only thing, or even the main thing that measures the 'success' of Bitcoin.
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November 29, 2015, 07:50:55 AM
 #31

Anything but failure... the VC investments are growing... the community is 5 million strong... governments are relaxing their restrictions... and the price is steady.
The trend is positive.
 
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November 29, 2015, 08:10:30 AM
 #32

I think bitcoin didn't as it was expected to. What do you think about bitcoin in 2016?

You think that cause you own 2 BTC and you expect them to be worth 100k each. That s not what BTC s supposed to do.
I d like to have as less as possible pumps and speculations related to this great currency. What we need is slow but constant growth and the price effect ll come.

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November 29, 2015, 08:48:12 AM
Last edit: November 29, 2015, 09:04:04 AM by Amph
 #33

Why do you consider bitcoin to have failed? The price is not the only thing, or even the main thing that measures the 'success' of Bitcoin.

but it measure perfectly its feilure, if the price reach zero you know it was a fail because i doubt many will continue to use it at zero value...

the numbers of users using it is another good indicator
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November 29, 2015, 09:02:42 AM
 #34

Why do you consider bitcoin to have failed? The price is not the only thing, or even the main thing that measures the 'success' of Bitcoin.

but it measure perfectly its feilure, fi the price reach zero you know it was a fail because i doubt many will continue to use it at zero value...

the numbers of users using it is another good indicator

and it's neither i figure but what IS going on is a steady decline in value and users / services.

predictions for BTC have failed 100%

we have a huge problem here.. denial.

anyone left here still says things are fine and there is no problem.
and they are either sincere or being dishonest.
think about it guys.. a lot of people left.. i talked to them face to face about it.
Why ?
You would all never know because you would never ask the question..
because according to everyone here there is no problem.

Predictions = Fail
Bitcoin overall is in a massive long term down trend = REALITY
Bitcoin is FAIL ? = Soon (we're on track for it if things don't change)

The paradox is investors won't admit a problem because it scares them bashing their stocks.
But if they don't admit there is a problem it won't get better.. so they are screwed.
And all you will find here is people who bought expensive coins ready to feed you some BTC hype.
Too many of them have their life savings invested..

Just imagine how people who bought Bitcoins at a grand each feel.
You think they are ready for some positive change ? Or clinging to the delusion that everything is ok ?

FUD first & ask questions later™
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November 29, 2015, 10:33:52 AM
 #35

even though btc went from 600 to 250-300 for most the year I dont think it failed because it stayed in the high 200's forever showing that it has a solid bottom at that level. Plus it stayed at that level for many months before starting to break out last month. Proving it can stay at a solid level was really good for btc cause lets face it, the charts can look downright scary for potential investors



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Rainbot
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November 29, 2015, 11:07:12 AM
 #36

Why exactly do you think that it failed this year? Did bitcoin not reach your expectations?

To me it did, it's still growing everyday as we speak. I'm pretty satisfied with how far bitcoin has become.
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November 29, 2015, 11:17:22 AM
 #37

I think bitcoin didn't as it was expected to. What do you think about bitcoin in 2016?

Yes, it did, at least, Bitcoin is positive comparing the beginning of 2015 and not anymore the one of the worst investments of the year.  Smiley
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November 29, 2015, 11:19:39 AM
 #38

I would say Bitcoin did not fail..
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November 29, 2015, 02:33:47 PM
 #39

Well bitcoin haven't failed at all I am haven't seen Bitcoin going to zero.

So you can stop saying it failed.
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November 29, 2015, 03:27:11 PM
 #40

Its just your missunderstanding.  bitcoin is neve going to fail.
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