colinistheman
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January 26, 2015, 05:47:56 PM |
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That money does not need to grow on trees in the future Yes, I've learned that money does not grow on trees. It grows in computers.
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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colinistheman
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January 26, 2015, 05:48:15 PM |
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I learned greed is basic characteristic of social people.
this made me lol. the sad truth is funny sometimes
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FeedTheDolphins
Member
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Activity: 60
Merit: 10
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January 26, 2015, 08:03:10 PM |
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I do not think that Bitcoin fail. But I know that I learned new interesting things like new ASCI HW, some of the Linux and some trading skills. I have a different view of encryption and security now. All thank`s Bitcoin and people around The part about Bitcoin failing is more of a thought experiment though. The OP is pretty much asking what you've got out of your Bitcoin experience, which is a pretty interesting premise. I guess I'll go with the generic response and say that I got an enthusiasm in investing, but I would never really want an investment job on Wallstreet.
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Nerazzura
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January 27, 2015, 05:38:08 AM |
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Bitcoin is a recent phenomenon in which the funds are converted from one currency to another currency, and distributed via the internet. A virtual bank, its popularity has increased because there is no physical location where the funds can be entangled in a complicated affair, and there is no way for people to browse the tax funds easily. On the other hand, the money will be virtual (virtual), thereby disappeared with the internet.
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el kaka22
Legendary
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Activity: 3514
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
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January 27, 2015, 08:13:01 AM |
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bitcoin is a money, you can buy with bitcoin, so you dont affraid if you have much bitcoin because you can use it an any country :/
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CoinCidental
Legendary
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Activity: 1316
Merit: 1000
Si vis pacem, para bellum
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January 27, 2015, 08:14:19 AM |
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Even if it fails (which I don't think it will), I'll still be able to walk away with some very basic knowledge economics, trading and cryptography.
What have you learned from Bitcoin?
its 2 damn big to fail now theres too much at stake
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CoinCidental
Legendary
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Activity: 1316
Merit: 1000
Si vis pacem, para bellum
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January 27, 2015, 08:32:43 AM |
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I learned that no currency, crypto or real, can prevail if people who hold it only want to make some quick money by selling them outat high price. If all people in bitcoin community think it this way, bitcoin is merely a gambling.
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its already bigger than that .......these pissy day traders spreading fud will be pushed out soon and market manipulation for the small timers will be a thing of the past ....does gold or silver or anything else ever fail just because people are always buying or selling it in the hope of making a profit ? thats not to say it wont still happen .......but it will take huge amounts of wealth to swing the price in any direction the bitcoin network is already the most powerful computer network on the planet ......thats pretty amazing when most people still dont even know what a bitcoin is early days yet friend ..........we are strong and getting stronger
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Sindelar1938
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January 27, 2015, 08:41:13 AM |
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That peer to peer is almost always superior to central systems
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ahmi
Newbie
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Activity: 28
Merit: 0
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January 27, 2015, 12:56:07 PM |
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Bitcoin will never fail...
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sandykho47
Sr. Member
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Activity: 252
Merit: 251
Knowledge its everything
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January 27, 2015, 01:16:47 PM |
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IF bitcoin fails i'll wait for Crypto 2.0 And bitcoin make me learn about economic, trading & cryptography
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Kemampuanku Tidak semua orang memiliki dan dapat melakukannya . Tidak memakan kaum sendiri . dan mempunyai kode etik yang tidak masuk akal.
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thejaytiesto
Legendary
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Activity: 1358
Merit: 1014
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January 27, 2015, 01:57:11 PM |
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Bitcoin will not fail. We are on TV. The Winklevis and old money is coming. Brace yourselves.
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bornil267645
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January 27, 2015, 08:42:19 PM |
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There is no reasons to it's fail but if it's fail (i don't think so) don't worry.At least learned about movement of basic trading and cryptography from bitcoin.
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Eastwind
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January 28, 2015, 09:29:28 AM |
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There is no reasons to it's fail but if it's fail (i don't think so) don't worry.At least learned about movement of basic trading and cryptography from bitcoin.
I will also be proud of being part of greatest monetary experiment.
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Nerazzura
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January 29, 2015, 01:02:35 PM |
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Bitcoin failed. Bitcoin value fell close to zero. Can you imagine this scenario? This scenario may seem unlikely, but it's likely that we have to consider it. A plausible reason for this to happen would be a mistake in the Bitcoin protocol or current cryptographic failure in the future. Of course, in this sad scenario 1 milliBTC is $ 0.
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Cypherious
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January 29, 2015, 01:06:19 PM |
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I learned market investments can be crucial :/
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FallingKnife
Legendary
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Activity: 2450
Merit: 1076
keybase.io/fallingknife/
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January 29, 2015, 01:13:45 PM |
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...it will be because at some point, the innovation stopped or otherwise became impossible.
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Nostr: npub14wk4hrq6atlq020c7r6eyylpu9gjukyqzafzxu6u80unqfrplq9qhtx8sy
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ChuckBuck
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January 29, 2015, 01:17:38 PM |
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Since, we're still 200+ points above zero, hundreds of millions of money continuously poured in by angel and VC investors, support by the NYSE, new regulated exchanges popping up...
Yea, if Bitcoin fails, it won't be in 2015, that's for sure. Would take something truly catastrophic.
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CoinCidental
Legendary
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Activity: 1316
Merit: 1000
Si vis pacem, para bellum
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January 29, 2015, 01:24:52 PM |
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...it will be because at some point, the innovation stopped or otherwise became impossible.
the credit card was invented in the 1950's 65 years later we still have them in our pockets i think btc has plenty of innovation and future yet lol this is just the tip of the iceberg......
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cbeast
Donator
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Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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January 29, 2015, 02:18:39 PM |
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...it will be because at some point, the innovation stopped or otherwise became impossible.
the credit card was invented in the 1950's 65 years later we still have them in our pockets i think btc has plenty of innovation and future yet lol this is just the tip of the iceberg...... Those were charge cards. Actual credit cards began in the 60's and didn't gain much traction until the 70's. I tend to think of Bitcoin 2.0 as the next generation of credit cards. Credit is suffering because of security. Bitcoin is a steroid injection for security.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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