The End Is Near

[Come-from-Beyond]

4 Years is nothing!

E-books
Invented: 1930
Became mass popular: 1992

Microsoft
Started: 1975.
Became Popular: 1995

Christianity
Started: Approx 4 BC
Became a world religion: The 16th century

Cars
First prodused: 1672
Became a World Wide Product: (Not yet)

And so on, etcitra, and so forth...

iPhone
Presented: 2007
Became Popular: 1 year later

Android 1.0
Released: 2008
Became Popular: 1 year later

Kickstarter
Founded: 2009
Became Popular: 1 year later

Pinterest
Appeared: 2012
Became Popular: 1 year later

And so on, etcitra, and so forth...

[1715173054]

1715173054

[1715173054]

1715173054

[Come-from-Beyond]

We will need to bump this thread in a year or two and laugh when BTC is worth 10X as much as it is today.

U think the price is measure of success? Enjoy - http://en.wikipedia.org/wiki/Artist's_shit.

[BitChick]

U think the price is measure of success?

If I get $1000 for every $100 I invested in BTC I will feel very successful 

If my BTC has the buying power of $1000 for every $100 I will feel very successful too.   

BUT,  If I lose money investing in this I will be sad for a day but move on. 

[Come-from-Beyond]

U think the price is measure of success?

If I get $1000 for every $100 I invested in BTC I will feel very successful 

If my BTC has the buying power of $1000 for every $100 I will feel very successful too.   

BUT,  If I lose money investing in this I will be sad for a day but move on. 

From my point of view success is not measured by amount of paper money.

[BitChick]

From my point of view success is not measured by amount of paper money.

Buying power is really all that matters, I agree with that statement.  All the more reason to be invested in crypto currency.  Will it be BTC or some other currency?  I guess that is where you are going with this thread.  So far BTC has had the most success though and has some traction behind it.  It might not be the "best" but it is the first.  Many things that are the first are the winners so again, it is a risk worth taking. 

[davidspitzer]

[Come-from-Beyond]

Yup. I used this phrase as a trick to catch attention.

[SmokeTooMuch]

IT ONLY HAS BEGUN!!!

In 4 years since the launch? U r kidding.

It doesnt even moved from beta yet ...

See? No progress at all.

I'm here for the full 4 years and I can prove otherwise.

[Come-from-Beyond]

I'm here for the full 4 years and I can prove otherwise.

Could u provide a few examples, plz?

[virtualmaster]

People lost their faith in Bitcoin. The rise of competing altcoins, govt regulation, shutdowns of exchanges, frozen bank accounts, recent crashes called "fluctuations", black PR. More than 4 years have passed since the launch and Bitcoin is still far from world-wide adoption. In our fast-paced world 4 years is too much time. Those who familiar with Bitcoin see other worrying indications - price manipulation, inability of core devs to solve technical issues related to scalability, centralization, successful attempts of some persons to regulate Bitcoin. For me it's obvious now that The End Is Near. Bitcoin failed, time to move on...

I read an article about the bitcoin as internet hysteria and I was laughing about it but now I don't find a better word about what is happening with terracoin, feathercoin, bytecoin and the other new coins which don't bring anything new but found a lot of new adepts.
Bitcoin is still not at the end but definitely there is a new threat with so many new alt-currencies. And more and more alt-currencies will appear.
- The alt-currencies are sucking already a huge amount of financial blood from bitcoin and it will be even worse.
- Miners will switch from a currency to another when prices change like it was by terracoin and hash power could fluctuate drastically which will reduce the network security.
It will be not any more take long and will appear the first currency making kit and anybody could make a new currency with it.
May be bitcoin should find a way how to use best this new situation.
People a fascinated by creating new currencies and may be could be built a system upon the bitcoin system to give for every social group the joy to create his own currency and still be integrated in a global bitcoin economy.

[proudhon]

FML, the spec forum has follow me out.

[franky1]

obviously the OP is giving up, oh well. more coins to go around for new adopters, no loss there then.

in other news the euro has been around for over a decade and still even now people dont trust it. theres been bank robberies, shutting down of banks, and all the other blah the OP mentions.

in other news the UK Pound has been around for a few hundred years and still even now people dont trust it. blah blah, ill save repeating the same story as the OP spouts about bitcoin.

in other news the dollar, yen, blah blah. you can guess what im saying here..


now the only difference being is that bitcoin is not a government owned product which is then licensed for people to have in their possession. bitcoin is actually your asset, your property. they cant just go into your bank and reduce the decimals to zero.

as for the 4 year itch. back in the days of the wild west it took much longer then 4 years for the dollar to expand beyond local bartering and become an internationally recognised and traded product.

yet people in the UK already buy american, european products and services with it. and vice versa

so ignore the propaganda that bitcoin is failing. thats just fake hype someone wants people to think to cause a drop in the price purely so they can buy in cheap.

[Come-from-Beyond]

obviously the OP is giving up, oh well. more coins to go around for new adopters, no loss there then.

I should repeat, Bitcoin failed, other altcoins didn't.

[Ben Thomas Clayton]

iPhone and Android does not fit into the list!

They're popularity would have most likely not come if it weren't for that BlackBerry started making smartphones some decades earlier.

So!

Smartphones
Invented: 1994 (based on and idea from 1973)
Gained popularity: 1999

4 Years is nothing!

E-books
Invented: 1930
Became mass popular: 1992

Microsoft
Started: 1975.
Became Popular: 1995

Christianity
Started: Approx 4 BC
Became a world religion: The 16th century

Cars
First prodused: 1672
Became a World Wide Product: (Not yet)

And so on, etcitra, and so forth...

iPhone
Presented: 2007
Became Popular: 1 year later

Android 1.0
Released: 2008
Became Popular: 1 year later

Kickstarter
Founded: 2009
Became Popular: 1 year later

Pinterest
Appeared: 2012
Became Popular: 1 year later

And so on, etcitra, and so forth...

[Come-from-Beyond]

iPhone and Android does not fit into the list!

They're popularity would have most likely not come if it weren't for that BlackBerry started making smartphones some decades earlier.

OK. I just want to put emphasis on very long maturation period of Bitcoin. We are stuck, time to move on.

[noedaRDH]

4 Years is nothing!

E-books
Invented: 1930
Became mass popular: 1992

Microsoft
Started: 1975.
Became Popular: 1995

Christianity
Started: Approx 4 BC
Became a world religion: The 16th century

Cars
First prodused: 1672
Became a World Wide Product: (Not yet)

And so on, etcitra, and so forth...

iPhone
Presented: 2007
Became Popular: 1 year later

Android 1.0
Released: 2008
Became Popular: 1 year later

Kickstarter
Founded: 2009
Became Popular: 1 year later

Pinterest
Appeared: 2012
Became Popular: 1 year later

And so on, etcitra, and so forth...

Iphones and Android are backed by huge firms... bad way to compare things.

[UltimateReaper]

http://25.media.tumblr.com/21bc11680da2418e99691ed833d3ff1b/tumblr_mfxluqrzZk1reitwwo1_r1_500.gif

k bye.

[zeroday]

I should repeat, Bitcoin failed, other altcoins didn't.

It failed personally for you as you lost your chance to adopt bitcoin early and now you are expecting that early adoption to some new ShitCoin will make you mega-rich. How naive.
Good luck and good bye.

[bitcon]

the end of FIAT is near!

[noedaRDH]

I'm sure someone said else said something similar to the OP back in the 2011 crash. Heck, someone might have even said the same thing last Fall without any huge price corrections.

I expect a lot of new services and firms using BTC's to emerge in the next 6 to 12 months. I don't think all those VC's you heard about in the past month will suddenly get weak in the knees because of these price swings. Volatility and BTC's go hand in hand in this really early phase when the world doesn't know what the true value of a Bitcoin is. Each time we get large price movements, useful people will take notice. Some of those useful people move into the system and help it grow. Those who are unfit for Bitcoins will leave. In the end, Bitcoins loses nothing and gains everything.

And consider these facts:

-Bitcoin is open-source CURRENCY. It is not a PRODUCT being pushed and marketed by powerful elites (with their endless supply of brainwashing guru's) with really really deep pockets.
-No one has tried introduce a disruptive tech like Bitcoins before, a tech that fights centralized banking
-It's a CURRENCY not backed by a centralized power <- remember this, it is not some smartphone or some piece of operating system, which are just products on top of existing products that the masses are ready to consume... the whole philosophical idea behind Bitcoins is totally foreign to the average citizen who don't understand how their papers are created

Those facts alone makes life VERY difficult for Bitcoins. So to have Bitcoins where it is today (in a relatively short lifetime of 4 years) I would say Bitcoins is ALREADY a smashing success.

Sure Bitcoins is not perfect, but what is? It's still totally unknown to 99.9% of the population. It is an infant fighting ALMOST insurmountable odds. So there's much growth to be had, and most likely, much growth WILL occur.