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Author Topic: Is this the end for bitcoins ?  (Read 3405 times)
ecnalubma
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January 04, 2018, 05:43:30 PM
 #41

These are just one of the attacks of bitcoin haters. Lets face it, tulip is very different from bitcoin that only fool would buy. Bitcoin is offering a financial revolution and quick financial transaction at the same time, so I doubt that it is useless in the economy. Nothing is more worse attack than Jamie Dimon did.
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January 04, 2018, 05:53:11 PM
 #42

Very recently I read an article , which assumed bitcoins to be exactly like the Dutch tulip mania , the Mississippi bubble and the south sea bubble.

The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.

What do you guys think about it ?

can give us the source of your information? why he says that?
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curry101
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January 04, 2018, 06:03:25 PM
 #43

Very recently I read an article , which assumed bitcoins to be exactly like the Dutch tulip mania , the Mississippi bubble and the south sea bubble.

The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.

What do you guys think about it ?


I don't believe it. It's all fake. There is a lot of bad info about bitcoin. We all know its all the anti-bitcoin user. All that negative issues are all made by the netizen who absolutely have no idea what bitcoin really is and how useful it is in our lives.
Yes, i thougt that too. Those people say that bitcoin is a bubble are those who dont believe in bitcoin and they dont know all about bitcoin. On what they can get in bitcoin and what is the benefit of bitcoin they can recieve and to others.

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January 04, 2018, 06:05:11 PM
 #44

These are just one of the attacks of bitcoin haters. Lets face it, tulip is very different from bitcoin that only fool would buy. Bitcoin is offering a financial revolution and quick financial transaction at the same time, so I doubt that it is useless in the economy. Nothing is more worse attack than Jamie Dimon did.
The financial revolution you are talking about seems to only exist because of the whales pushing the price of Bitcoin to what they desire the most. Which means we the traders especially the big players are the one making Bitcoin expensive or vice versa. The "attacks" you are saying are only based on facts and even if it looks like an attack on Bitcoin we must accept that we can be vulnerable to its massive change.
surgical_duude
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January 04, 2018, 06:19:03 PM
 #45

Very recently I read an article , which assumed bitcoins to be exactly like the Dutch tulip mania , the Mississippi bubble and the south sea bubble.

The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.

What do you guys think about it ?

There are many who think that Bitcoin is falling in the past few days. And Bitcoin is coming down, but Bitcoin will actually increase in the future, Bitcoin has been doing well in recent years, and It will continue to grow in 2018

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January 04, 2018, 07:56:36 PM
 #46

Very recently I read an article , which assumed bitcoins to be exactly like the Dutch tulip mania , the Mississippi bubble and the south sea bubble.

The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.

What do you guys think about it ?

The articles aren't very recent and has been circulating around the internet for last 2 months. They advised users to get out of bitcoin as it will crash soon, but bitcoin still exists with a very strong value. It is really stupid to compare bitcoin so called "bubble" with dutch tulip mania incident. Tulips had no financial value which could be used as a form of payment, but bitcoin does have it.

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AVAMONEY
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January 04, 2018, 08:23:41 PM
 #47

Very recently I read an article , which assumed bitcoins to be exactly like the Dutch tulip mania , the Mississippi bubble and the south sea bubble.

The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.

What do you guys think about it ?

There are many who think that Bitcoin is falling in the past few days. And Bitcoin is coming down, but Bitcoin will actually increase in the future, Bitcoin has been doing well in recent years, and It will continue to grow in 2018
In the past, there are many FUD news about bitcoin with purpose to make bitcoin down in community. But we can see now, there is nothing happen with Bitcoin. Some problems about network, fees, fork are already happen since few last year and Bitcoin still going through.
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January 04, 2018, 08:30:47 PM
 #48

Not the end, Bitcoin has actualy just begun.
Articles and predictions like this appear all the time, ever since Bitcoin first emerged on the market and none of them were not true, Bitcoin is still here.
Don't believe everything you read and use your critical mind to evaluate the information.

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January 04, 2018, 08:32:36 PM
 #49

there is a ton of similar articles about bitcoin, cryptocurrencies and lots of other things,sometimes authors guess, sometimes not. you have your own head to explore, to think. I believe it's not the best idea to trust each and every guy in the internet. too much of them make mistakes
richardsNY
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January 04, 2018, 08:41:25 PM
 #50

Those people say that bitcoin is a bubble are those who dont believe in bitcoin and they dont know all about bitcoin. On what they can get in bitcoin and what is the benefit of bitcoin they can recieve and to others.

That will never change. It's time for people here to ignore all these nonsense claims for once. Bitcoin was a bubble about to burst years ago, and it's still like that today. It means that the skeptics and other clowns haven't learned anything about Bitcoin throughout the years. Another possibility however is that they are hoping for Bitcoin to crash on purpose, just because they weren't part of the initial stage, which is also a form of ignorance. Bitcoin isn't in its initial stage anymore, but there is still a tremendous amount of growth that we all will experience in the coming years, so regardless of how expensive people think the price right now is, it's still peanuts.
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January 04, 2018, 08:42:31 PM
 #51

The incredible price rise of bitcoin is so unreal, that some critics see it as a bubble like the Tulipmania. A price going up from 1K going up to 20K in just a few months is something you can hardly believe to be true. But if it was just a bubble it would have burst already and smart investors would not risk their capitals in Bitcoin.

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January 04, 2018, 09:05:08 PM
 #52

He clearly wants to spread FUD and don't ever listen to these people that are pushing us to stay away to bitcoin.

It's either it's a paid article or they are planning to buy millions worth of bitcoin and they can't buy it for now as it's expensive for them so they want to say something wrong to make people move their bitcoins to exchange and sell them off that will lead to decrease price.

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January 04, 2018, 09:40:13 PM
 #53

Since I have entered into the crypto world I am hearing this kind of things and fortunately it has not happened until now since 4 months or maybe more and I guess the mentioned crisis and btc are not even in the same level.
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January 04, 2018, 09:44:26 PM
 #54

Very recently I read an article , which assumed bitcoins to be exactly like the Dutch tulip mania , the Mississippi bubble and the south sea bubble.

The author of that article (which was published in the economic times ) said it's now time to move away from bitcoins , the market has ended and the sooner you forfeit the lesser will be your loss.

What do you guys think about it ?


Reading that article is like drowning yourself and not believing on your own. Remember that bitcoin is recently on a fork and spike right now which mean the money circulating in bitcoin is solely from the investments of people that invest in bitcoin. In other words you cannot predict that bitcoin will die unless there are investors who trust bitcoin more than other cryptocurrency.

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January 04, 2018, 11:43:16 PM
Last edit: January 05, 2018, 07:51:37 AM by nguyenkhanhhung14
 #55

It is not until the time Bitcoin dies because its rate is still high, but in the future, it may be replaced by other cryptos due to Bitcoin's many shortcomings. First, the high cost of each Bitcoin transaction is a matter of concern, as it makes people less interested in trading Bitcoins. The second is the processing time in each transaction is very long, sometimes have to wait up to 2 days to complete a Bitcoin transaction. If that does not solve the problem then gradually Bitcoin will lose its top 1 position.

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January 04, 2018, 11:53:10 PM
 #56

Absolutely not. Despite thenfact that bitcoin is experiencing some dip as of the moment, that doesn't mean that it is the end. What's happening with bitcoin is totally normal and instead of thinking of it as it may be the end, why not grab the opportunity and buy some bigcoins while its value is a bit low, you will surely have some profit gained in a few months or so.

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January 05, 2018, 12:20:40 AM
 #57

No, I dont think bitcoin will end just because of articles circulating now in media. Before it would end, there should be a basis of it and rules or regulations violated by Bitcoin in the world of cryptocurrency.
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January 05, 2018, 12:58:15 AM
 #58

I think they hate bitcoin, so they write this article about bitcoin, so do not believe it and just ignore to this article. There are many already article that they scattered but its false issue to the bitcoin. Instead bitcoin will stronger in all currencies and very popular already around the world and continue indemand to the people, so this is not the ends for bitcoin. Maybe they only discourage people so they will say this.
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January 05, 2018, 12:58:39 AM
 #59

I don't think so that this is the end of bitcoin, there are still so many users and investors in bitcoin and every moment the population is still growing and it seems nothing can stop it. And as far as i know, there's no rules regulations violated by bitcoin in the world of crypto currency that can end bitcoin.
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January 05, 2018, 05:36:40 PM
 #60

I see this is very contrary to the fact that even I have also read some articles about the predictions of bitcoin in the future which is written by some experts in financial terms that they say bitcoin will have a very significant price increase this year. this is due to the popularity possessed by bitcoin increasingly known by investors around the world. so I think this is not the end of bitcoin because bitcoin is still in an adaptation that will continue to have a fairly high price value. so personally I disagree with what you say that at the moment that bitcoin will end in the present.

No one wants bitcoins to go down the drain it's just that continuous decrease is pulling the tail off the factor that makes us believe in bitcoins.

The first week of January has come to an end and still possibility of future increase in price is not at all visible whereas the news like ' India going to ban bitcoins which holds 11% of the transactions ' makes us a little scared about the future also , there are many countries that are trying to regulate the bitcoins, no one knows what effect will it have on the interest of people.

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