Blockchain technology or pure speculation?

[swogerino]

Blockchain technology is a revolution in our century. Even if the price of bitcoin plummets down to the very bottom I would still be interested to use it. Real life scenarios where you can use bitcoin without showing your identity are a lot. In this age that we are living full of technology safeguarding your identity is top priority as if not safeguarded as you should hackers can get it and use it for evil purposes. Whenever you enter your email in every website you register for a service there is a high risk your email is immediately send to spammers who have paid for collecting email addresses. Blockchain technology and bitcoin does this, give you a upper hand in safeguarding your identity while transacting with bitcoin and cryptos that are based on blockchain technology.

Calling it a speculation looks dumb to me after this technology has been proving itself during these last 8-9 years.

Bullshit every coin and every wallet it hits is known. It's not anonymous.

Go exit to fiat see how much Id u need.

BULLSHIT LIES

Stop talking bullshit without knowing a dip shit about bitcoin and the technology it relies on. Every address is known but you cannot find it to which person it belongs as easy as you can find when you use your details when registering in some websites which offer different services. Sure you can fake details to free services but when you need to buy something you have to put your credit card into it or other identification documents. Best example are exchanges and payment processors like SKRILL where you cannot lift your limits if you are not identified.

On a bitcoin address you can use different tools and services to mix the coin until you forward it to a new address. This way bitcoin become from pseudo-anonymous to anonymous.

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[qwerty12]

Are you interested in BTC for the mere fact that the price has been going up since its inception and you think it will enable to make a huge profit or you are interested because you know that the technology behind BTC (blockchain) will change the way the financial world works?

first, because speculation, of course who is not interested in bitcoin when the price gets higher from time to time.
however, that interest turned into a pretty strong conviction as I learned little about the Blockchain technology that underlies bitcoin.
how not, now we have seen many institutions and companies that have begun to adopt this Blockchain technology.

[Bodiul1975]

I know that the bitterness is far ahead of the blockchain from Bitcoin in the past. Bitcoin deposits are very easy to deposit, we believe that Bitcoin is not afraid to lose suddenly. So many people take a risk to Bitcoin.

[jona]

Making money with it is one thing a good investor cannot avoid but at the other hand the technology is that which is changing the finical world,that make both more important.

[nasiwaju]

I think the monetary incentive is an inspiration that drives me here and after that I get to know more about blockchain technology. However, blockchain is the future but I can't say same for bitcoin because blockchain is technology isva revolutionary in nature.

[dhka]

I did merely for the profit the first time I learned about bitcoin, and yeah exactly as I thought it is profittable

But after following this forum for a while now, joining bounties, it is getting more exciting as more idea and technologies are being invented and applied. Cant wait what the future will bring to crypto

[mondrany]

Are you interested in BTC for the mere fact that the price has been going up since its inception and you think it will enable to make a huge profit or you are interested because you know that the technology behind BTC (blockchain) will change the way the financial world works?

I am more interested in the technology. Technology itself creates profits for us humans. The concept of blockchain is very good and the evidence is even banks look at the cryptocurrency market as a threat.

Like you said, banks look at cryptos as a threat, but eventually they will have to start adopting it or die. The next couple of years will be interesting for the financial sector. 

[mOgliE]

Second choice!

I understand why many people are betting on short-term profits. In today's world, such opportunities are great when you are struggling from one day to another.

But as long as I am concerned... Well, first I guess that I am not so gifted for making short-term profits, and then I really think that the technology behind crypto and all that can be held within it, is far more important than just individual profits.

Bitcoin is indeed an opportunity to get rid of banks. Today, everyone has an account in a traditional bank and that's... completely crazy and utterly unbearable if you think about it! Banks are charging fees for things that are free for them, they completely control your money... That's unfair.

Thanks to new tech, we can now get rid of that. I say YES, let's do it!

[Apeshifter42]

Are you interested in BTC for the mere fact that the price has been going up since its inception and you think it will enable to make a huge profit or you are interested because you know that the technology behind BTC (blockchain) will change the way the financial world works?

Honestly, you will not get good answer for this. Most of the investors/people have flocked to bitcoin because of its price and not because of its development.

[pawanjain]

The blockchain technology is the one thing  that is keeping the crypto currencies driving so far. But is sad to say not many people involved in the crypto community know about the functionality of Bitcoin or the blockchain technology. Many traders who hold BTC or any altcoin are in it just for the sake of making money. There are numerous people who don't even know how blockchain works. I believe when people know about the blockchain technology more, may be that's when BTC and other altcoins will see its real value in price.

[mondrany]

Second choice!

I understand why many people are betting on short-term profits. In today's world, such opportunities are great when you are struggling from one day to another.

But as long as I am concerned... Well, first I guess that I am not so gifted for making short-term profits, and then I really think that the technology behind crypto and all that can be held within it, is far more important than just individual profits.

Bitcoin is indeed an opportunity to get rid of banks. Today, everyone has an account in a traditional bank and that's... completely crazy and utterly unbearable if you think about it! Banks are charging fees for things that are free for them, they completely control your money... That's unfair.

Thanks to new tech, we can now get rid of that. I say YES, let's do it!

I most certainly agree with you m0gliE.

[The_Dark_Knight]

Second choice!

I understand why many people are betting on short-term profits. In today's world, such opportunities are great when you are struggling from one day to another.

But as long as I am concerned... Well, first I guess that I am not so gifted for making short-term profits, and then I really think that the technology behind crypto and all that can be held within it, is far more important than just individual profits.

Bitcoin is indeed an opportunity to get rid of banks. Today, everyone has an account in a traditional bank and that's... completely crazy and utterly unbearable if you think about it! Banks are charging fees for things that are free for them, they completely control your money... That's unfair.

Thanks to new tech, we can now get rid of that. I say YES, let's do it!

This is probably one of my biggest problems with banks, just look at bitcoin you can open a wallet for free with no charge and there are no charges either for having your money in there, but with banks they charge you for opening an account, they charge you for having your money with them they even charge you if you check how much money you have in your account, all those fees are ridiculous and that is why I support bitcoin 100%.