eternalgloom
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Activity: 1792
Merit: 1283
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February 05, 2016, 08:05:16 PM |
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It would just be extremely difficult to completely stop Bitcoin from being used.
I mean, countries can try to ban it but it's all to no avail.
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Preclus
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February 05, 2016, 08:06:07 PM |
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I've always said, if you need really solid economic advice, look for a guy who uses Charles Manson as his avatar.
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calkob
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February 05, 2016, 08:07:02 PM |
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when that happens this thing is going to take off, and who knows where it will end.......  |
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Bestwishes745
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February 05, 2016, 08:09:11 PM |
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these are just the rumors that bitcoin will die, a large scale of industries are now running on bitcoin at online. Their use is a big support to it. Plus there are a large number of people who support to make it international digital currency, not only the capitalist but socialist are also attractive to it.
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vrm86
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February 05, 2016, 08:12:58 PM |
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these are just the rumors that bitcoin will die, a large scale of industries are now running on bitcoin at online. Their use is a big support to it. Plus there are a large number of people who support to make it international digital currency, not only the capitalist but socialist are also attractive to it.
LOL, Socialists? They'd rather premine all blocks and the "evenly" distribute coins among people  |
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OSAC5CO
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February 05, 2016, 08:58:32 PM |
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It is possible that Bitcoin will die just look at what happened to e-gold, I remember having an e-gold account and then they suspended use of e-gold. I think that's the reason why Bitcoin was born.
Bitcoin is not an "account" and it cannot be suspended , It's decentralized and it's not controlled by people. If you ask me the only thing that may kill bitcoin is the shitty exchanges and their "we got hacked" scenarios , unless people decide to wake up and stop using them . As dencentralized exchanges rise, virtual currencies become more un-stopable... |
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The Sceptical Chymist
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Top Crypto Casino
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February 05, 2016, 10:00:55 PM |
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I suspect you're right, but one never knows about unforseen events, does one? And what I mean by that is that something could come along and blow bitcoin out of the water, or we could lose the need for it entirely, e.g., Armageddon. A lot of things could happen. But barring all that crap, yes I agree, bitcoin probably won't die within our lifetimes. As long as there's gamblers and dark markets bitcoin will thrive.
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Laosai
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February 05, 2016, 10:05:00 PM |
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Time has changed, folks! There are a lot of countries discussing the use of Bitcoin and now even mainstream scientists say, that Bitcoin is more transparent than cash and it will revolutionize not only the financial market, but also contracts, real estate, authority right etc etc. They even admit to not understand the Bitcoin code completely, but they are working on it.
Soon they will understand, that any alternate blockchain, will not provide the same security as the one from the "original" Bitcoin network and then we will all get rid of cash.
Thank y'all for support
What's for sure is that lots of important people and big companies are seriously considering the application of the blockchain. For bitcoin... Well I'm not as sure as you are. It's really difficult to have so much faith in bitcoin simply because it goes so much against the banks that I'm not sure they will let it grow this way. But maybe I'm wrong, and maybe I overestimate the banks power, cause even if you're against btc, it's not easy to fight it |
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Hellacopter
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February 05, 2016, 10:05:27 PM |
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I am agree witht his idea, i think that Bitcoin will not die in our lifetime simply because it's already growing up daily and its price still increasing and will become stabe soon, so we expect and predict that this powerful crypto currency will survive for long periods
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greBit
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February 05, 2016, 10:20:28 PM |
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That's sure that Bitcoin will revolutionise our lives. I think it will be near as important as the Internet was.
Yes exactly the bottom line is nowadays people are looking for something like Bitcoin because they want to have control over their money and don't trust banks |
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nejibens
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February 05, 2016, 10:56:06 PM |
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Me too i think that Bitcoin will not die in our lifetime, because the community is growing up and also Bitcoin's price is rising and that's encourage more users to start support this crypto currency
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ctlaltdefeat
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February 06, 2016, 05:13:47 AM |
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so, we are the first "Bitcoin Generation" ? yes we are,we all here are the first bitcoin generation,until we die i think bitcoin will still exist,and i wonder how bitcoin survive on our second generation,i believe the future is more complicate for bitcoin to survive. |
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Kevin77
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February 06, 2016, 07:52:35 AM |
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It only depends on any Government to take an action and adopt bitcoins as a recognized payment option.
I don't know why when gift cards and other rewards are legal then what's the problem in accepting bitcoins when they can also be used as a payment and can help users save taxes. If bitcoins are still ignored, they will surely die soon.
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Anddos
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February 06, 2016, 09:36:50 AM |
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Bitcoin is already recognized as a payment method. The simple fact that we're using it demonstrates that.
And the fact that it can't be controlled by governments is the best part. You don't want Big Brother to meddle in it.
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virtualdn
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February 06, 2016, 10:21:14 AM |
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100% correct. the last bitcoin will be mined in 100 years from now...
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1 BTC = 1 BTC
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kartaggen
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February 06, 2016, 03:01:46 PM |
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so, we are the first "Bitcoin Generation" ? yes we are,we all here are the first bitcoin generation,until we die i think bitcoin will still exist,and i wonder how bitcoin survive on our second generation,i believe the future is more complicate for bitcoin to survive. Bitcoin will face a tough competition from new currency in future, but I don't think that bitcoin will disappear or die, it might not be as valuable as it is today, but it will keep its presence in future too, and whether people will support it or not, time will say. |
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DimensionZ
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Shit, did I leave the stove on?
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February 06, 2016, 03:32:45 PM |
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I think the technology behind Bitcoin the Blockchain will stay for a along long time being used in a lot of industries. Bitcoin may lose or gain value but the Blockchain is the real star of the show.
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lumeire
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February 06, 2016, 03:53:19 PM |
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100% correct. the last bitcoin will be mined in 100 years from now...
The thing is this coming halving can make or break BTC. There's a lot of expectation in increase in price and such. If it goes otherwise we may see another crisis. |
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OSAC5CO
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February 06, 2016, 05:34:51 PM |
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Bitcoin is already recognized as a payment method. The simple fact that we're using it demonstrates that.
And the fact that it can't be controlled by governments is the best part. You don't want Big Brother to meddle in it.
Exactly! And when the next fincial crisis hits, a lot of people are primed to move towards decentralization. |
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prtty2gal2
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February 06, 2016, 08:43:35 PM |
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I sure hope so I am really excited this year to see just what will happen after the halving. Will more people jump on the train? Will it collapse? It will not collapse, bitcoin will shine and rise, the bitcoin price value will reach at its height in this year. Just like in 2013 the price reached to $120 the same will happen after halving in this year also, Maybe the price reach to at least $800, but I wish to cross $1500 in 2016. |
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