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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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vinaha
Member
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Activity: 112
Merit: 10
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April 20, 2016, 06:02:49 AM |
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Not that great of an article. I'd like to get an article out about how Bitcoin can help us not depend on banks. People need to get the "Bitcoin is used for crime" and the "Bitcoin is dead" and the "blockchain is the only useful thing about Bitcoin" out of their heads, and see that the real value in Bitcoin is that you own and control your own money and don't depend on banks.
And then yes, people will see that there is a true need for Bitcoin, more than buying gift cards or stuff on Overstock.
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r1cochet
Newbie
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Activity: 26
Merit: 0
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April 20, 2016, 06:46:49 AM |
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I've always assumed the nay-sayers are either late adopters or government shills trying to manipulate progress.
Doesn't help we've got plebs like Andresen and Heard muddying the waters....
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lumeire
Legendary
Offline
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
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April 20, 2016, 07:51:19 AM |
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Not that great of an article. I'd like to get an article out about how Bitcoin can help us not depend on banks. People need to get the "Bitcoin is used for crime" and the "Bitcoin is dead" and the "blockchain is the only useful thing about Bitcoin" out of their heads, and see that the real value in Bitcoin is that you own and control your own money and don't depend on banks.
And then yes, people will see that there is a true need for Bitcoin, more than buying gift cards or stuff on Overstock.
It's still good for publicity, it's on Yahoo. I've always assumed the nay-sayers are either late adopters or government shills trying to manipulate progress.
Doesn't help we've got plebs like Andresen and Heard muddying the waters....
Even Warren Buffet said peeps should stay away from btc. Yet here it is still fighting. |
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senyorito123
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April 20, 2016, 08:24:48 AM |
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Not that great of an article. I'd like to get an article out about how Bitcoin can help us not depend on banks. People need to get the "Bitcoin is used for crime" and the "Bitcoin is dead" and the "blockchain is the only useful thing about Bitcoin" out of their heads, and see that the real value in Bitcoin is that you own and control your own money and don't depend on banks.
And then yes, people will see that there is a true need for Bitcoin, more than buying gift cards or stuff on Overstock.
It's still good for publicity, it's on Yahoo. I've always assumed the nay-sayers are either late adopters or government shills trying to manipulate progress.
Doesn't help we've got plebs like Andresen and Heard muddying the waters....
Even Warren Buffet said peeps should stay away from btc. Yet here it is still fighting. They keep saying stay away to bitcoin and they didnt realize they can earn more nd more if they continue to stake with bitcoin. And see what bitcoin gots know it has big price noe and many people using and staking for it also it is slowly catches the eye of big investors and online store and hopefully they wilk accept as their payment processors. |
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target
Legendary
Offline
Activity: 2240
Merit: 1041
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April 20, 2016, 08:37:16 AM |
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They always claim bitcoin is dead convincing themselves btc isn't going to work after they lose thousands.
but yeah bitcoin is here to stay. and certainly more alt coins are going to be created if they see bitcoin is going to fail. hows that?
but if they really think bitcoin is dead, they can just invest to some other coins.
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DimensionZ
Sr. Member
Offline
Activity: 350
Merit: 250
Shit, did I leave the stove on?
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April 20, 2016, 08:52:26 AM |
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Yeah what the heck does he mean by real people? Aren't we all real people around here? Looks like he is talking crap out of his butt to besmear Bitcoin without paying attention that there are a lot of people who use it on a daily basis and do business online. I don't understand why he doesn't just keep his nose in his own company and stop talking about everyone else lol.
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BitHodler
Legendary
Offline
Activity: 1526
Merit: 1179
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April 20, 2016, 08:59:56 AM |
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I have never had any doubts about the future of Bitcoin and I will keep supporting Bitcoin and hoarding as many coins as I can.
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BSV is not the real Bcash. Bcash is the real Bcash.
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SFR10
Legendary
Offline
Activity: 2996
Merit: 3427
Crypto Swap Exchange
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April 20, 2016, 09:12:26 AM |
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It's again one of those articles that keeps on saying BTCitcoin is dead and on the other hand blockchain is great. The funny thing is, many have tried to damage what BTCitcoin is built for, just so for their own benefit (today is Taavet Hinrikus and tomorrow is someone else from those kind of industries), but at the end of the day, none of them have managed to surplus BTCitcoin and their stuck in the shadows (for the years to come).
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Jasad
Legendary
Offline
Activity: 1414
Merit: 1001
= jasad =
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April 20, 2016, 02:40:26 PM |
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so many people said that bitcoin dead,yes that true,and its often happen  why must worry about it,yes of course community support bitcoin,its why i believe bitcoin will stay on top even some people keep saying bitcoin were dead. |
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ATguy
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April 20, 2016, 02:55:43 PM |
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It's again one of those articles that keeps on saying BTCitcoin is dead and on the other hand blockchain is great. The funny thing is, many have tried to damage what BTCitcoin is built for, just so for their own benefit (today is Taavet Hinrikus and tomorrow is someone else from those kind of industries), but at the end of the day, none of them have managed to surplus BTCitcoin and their stuck in the shadows (for the years to come).
I have seen such statemens "Bitcoin is dead and on the other hand blockchain is great" many times, yet there is nothing better than Bitcoin in term of useability for normal people. So good luck for the Bitcoin haters making something useable using blockchain tech (contracts or whatever) without Bitcoin. |
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Jeremycoin
Legendary
Offline
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
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April 20, 2016, 02:56:56 PM |
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Bitcoin is dead? well, it's normal. We don't have to worry about this, it's not unusual to happen.
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faucet used to be profitable |
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Arcteryx
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April 20, 2016, 02:57:16 PM |
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Anything on Yahoo news is not taken seriously by the tech enthusiast but it does get the spotlight on bitcoin for the people who have it set to their homepage. It is publicity so you know it is agreed that it is here to stay and enough of the "is it dead yet?" comments when it comes to it's longevity.  |
| .......High ROI Social Ethereum Games
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avw1982
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April 20, 2016, 02:59:09 PM |
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Don't worry bro. As like every new technology there is people to accept and oppose that. Even same like some people you can find in btctalk like that so don't care about them bro. |
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Daniel91
Legendary
Offline
Activity: 3374
Merit: 1824
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April 20, 2016, 03:02:15 PM |
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Anything on Yahoo news is not taken seriously by the tech enthusiast but it does get the spotlight on bitcoin for the people who have it set to their homepage. It is publicity so you know it is agreed that it is here to stay and enough of the "is it dead yet?" comments when it comes to it's longevity. It's true, they also have their own opinions and agenda. But, still, yahoo website is very popular and any news about bitcoin is good news for us because people will read it and maybe become curious. Finally, we, bitcoin users, creating future of bitcoin, not media or somebody else. |
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The Sceptical Chymist
Legendary
Offline
Activity: 3332
Merit: 6834
Cashback 15%
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April 20, 2016, 03:03:33 PM |
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Obviously we know it's not dead yet, but I don't think bitcoin is making the financial news daily like it did back in 2013. I could be wrong, as I'm not a big news buff. Right now any news that gets mainstream attention is good.
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BitcoinHodler
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April 20, 2016, 03:08:14 PM |
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this is nothing new, although it is nice to see yahoo finances talking about this with an article but the bitcoin community have never stopped supporting bitcoin so far.
and every time the news about bitcoin death was a scam attempt to lower the price by creating a little panic.
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Holding Bitcoin More Every Day
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ebliever
Legendary
Offline
Activity: 1708
Merit: 1035
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April 20, 2016, 03:08:48 PM |
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The head of a company threatened by bitcoin as a competitor says bitcoin is dead. Meanwhile bitcoin jumps another $5 up. I have a lot of complaints about a lot of the media, but Yahoo news tends to be especially stupid in my experience. (Another Yahoo news article had a "journalist" suggesting that bitcoin would die because of a single hacking/theft incident. Because, you know, every time there's a bank robbery it calls into question whether fiat currency can survive.  ) |
Luke 12:15-21
Ephesians 2:8-9
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whored
Newbie
Offline
Activity: 42
Merit: 0
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April 20, 2016, 03:11:11 PM |
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People need to get the "Bitcoin is used for crime" and the "Bitcoin is dead" and the "blockchain is the only useful thing about Bitcoin" out of their heads, and see that the real value in Bitcoin is that you own and control your own money and don't depend on banks.
It's weird how people here assume that everyone wants to be his own bank. How about being your own plumber? your own butcher? your own garbage man? your own tailor? your own brain surgeon? Think of the money you'll save! The material of a bespoke Italian suit that cost you 6 grand is probably $200 at most! And if you're your own weaver, that $200 fabric will cost you $50 in thread! |
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CryptoJeweler
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April 20, 2016, 03:17:55 PM |
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Hi, Bitcoin, as a technology, has the same appeal (among many other uses): instant transfers and tiny fees, circumventing big, expensive, sluggish banks or wire services. An article can't just make very active BTC community dead.  Thank youCryptoJeweler |
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