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Author Topic: The FALL OF BITCOIN  (Read 322334 times)
trangprooss1
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July 21, 2018, 08:40:40 AM
 #581

No framework can kill greedy people but blockchain innovation may in some way or another limit the symptoms of irreversible. In my eyes, Bitcoin will never collapse, as it has garnered a lot of support from individuals all over the world. What makes Bitcoin a powerful e-currency is its hierarchy. Most recently, Bitcoin has started to add value, but it can go down anytime soon as it's volatile. Most people who spread FUD say that Bitcoin is dead or it has fallen when they see a huge fall in prices, when they get all wrong. The thing that really determines this, is if electronic money is actively developed and supported by its users. But that is unlikely because the popularity of Bitcoin has spread in diverse areas of the world.
josephpogi
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July 21, 2018, 08:58:32 AM
 #582

It is very sad to say that a technology like this would come to a big tragedy
Bitcoin has the potential to be great but it has become a weapon of Greed

The real use of bitcoin as a payment system is just a fantasy
But what happens in reality, it is just a pump and dump coin like the rest

The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

A currency is something that can be used for daily basis rather than just an investment
majority of people who buy bitcoin is just for investment and not used as a payment itself

Never the less
HAIL HYDRA!
Yes, now bitcoin is primarily an investment. But regulators have entered the market, and such volatility will not exist as before. More and more shops appear that take bitcoin as payment
beinformed
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July 21, 2018, 10:14:53 AM
 #583

It is now a safe, secure and resilient global currency against the external forces. So no matter what the price will be right now, Bitcoin will always be a useful cryptocurrency to the public. I have no concern about this at all, since I did not join Bitcoin in the first place to make money, but to use it as a real currency for daily payments. Prices are unknown whenever Bitcoin is alive or dead. The moment is over, then you can rest assured that Bitcoin will die. The collapse of the value of electronic money can be combined with a reduction in the reward given by the system to miners for the discovery of a new mass. As you know, on July 9th this year there was a half reward of cryptonym, in the near future, which will have a direct impact on their rate.
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July 21, 2018, 10:16:54 AM
 #584

Bitcoin should be considered not only as a technology, but also as an instrument that is prone to speculation.

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July 21, 2018, 10:23:41 AM
 #585

Through the period of time I have heard about Bitcoin, I see that its price is not drop but I don't know have it dropped yet in the past
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July 21, 2018, 10:36:55 AM
 #586

Yes most of the people use bitcoin as an investment and not as currency. They use bitcoin as an investment and their profit will be converted as a real money on their nation. Bitcoin is not a weapon of greed, if you're greedy enough you do not belong here. All we want was a better price of bitcoin because we all don't want to suffer from a terrible loss but to have a good profit.



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Rainbot
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ucb94
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July 21, 2018, 10:37:24 AM
 #587

Bitcoin can be much more than a currency. It is depending on many factors and increase or decrease of price various on them.
JulianArundale
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July 21, 2018, 10:49:51 AM
 #588

No one can predict the price of bitcoin Sad it's fall or raise depend on in people who sell and buy it. Therefore I think that the fall of bitcoin is natural. Don't too worry about it!!  Smiley
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July 21, 2018, 11:13:33 AM
 #589

Bitcoin as we all know that it's the big fish among other coins... There will always be the possibility of either rise and fall,,, though it can not be constant
enthusia
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July 21, 2018, 11:27:07 AM
 #590

It would be a different perception among everyone of us in this industry. For some who consider it as an asset would be an innovation for them to earn profit and with that, its a good thing happened so no worries for that. It would much saddened everyone who use bitcoin for payment purposes in buying things that was illegal and can't be done outside the internet as it wasn't acceptable according to rules. Its much to worry for those people who took advantage of bitcoin in that way.
evilsign
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July 21, 2018, 11:35:54 AM
 #591

It is very sad to say that a technology like this would come to a big tragedy
Bitcoin has the potential to be great but it has become a weapon of Greed

The real use of bitcoin as a payment system is just a fantasy
But what happens in reality, it is just a pump and dump coin like the rest

The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

A currency is something that can be used for daily basis rather than just an investment
majority of people who buy bitcoin is just for investment and not used as a payment itself

Never the less
HAIL HYDRA!
How long have you known bitcoin or plunged into the world of cryptocurrency? You're wrong to say bitcoin is just a fantasy as a means of payment. Yes it is true bitcoin still has many shortcomings to be used as a means of payment, especially official payments in a country. But that does not mean to make it a means of payment is a mere fantasy. Try to see how many online stores and services that use bitcoin as a means of payment? is it just a fantasy? NO. It is real. Even the hacker class only use it.
Dikarama7
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July 21, 2018, 11:44:33 AM
 #592

It is very sad to say that a technology like this would come to a big tragedy
Bitcoin has the potential to be great but it has become a weapon of Greed

The real use of bitcoin as a payment system is just a fantasy
But what happens in reality, it is just a pump and dump coin like the rest

The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

A currency is something that can be used for daily basis rather than just an investment
majority of people who buy bitcoin is just for investment and not used as a payment itself

Never the less
HAIL HYDRA!

Bitcoin is used more as an investment because it can provide benefits, and to use bitcoin as currency is not as easy as imagined because bitcoin is not yet legal and can not be used as a daily transaction.

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buy_crypt_sell
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July 21, 2018, 11:50:21 AM
 #593

I think that every financial market faced such a situation. Bitcoin will still be used for daily payments, we just need to wait for this moment.
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July 22, 2018, 08:43:55 AM
 #594

It is very sad to say that a technology like this would come to a big tragedy
Bitcoin has the potential to be great but it has become a weapon of Greed

The real use of bitcoin as a payment system is just a fantasy
But what happens in reality, it is just a pump and dump coin like the rest

The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

A currency is something that can be used for daily basis rather than just an investment
majority of people who buy bitcoin is just for investment and not used as a payment itself

Never the less
HAIL HYDRA!
How long have you known bitcoin or plunged into the world of cryptocurrency? You're wrong to say bitcoin is just a fantasy as a means of payment. Yes it is true bitcoin still has many shortcomings to be used as a means of payment, especially official payments in a country. But that does not mean to make it a means of payment is a mere fantasy. Try to see how many online stores and services that use bitcoin as a means of payment? is it just a fantasy? NO. It is real. Even the hacker class only use it.

Any innovation like this can be used by people for greed and bad intentions. Though bitcoin, crypto and blockchain has too much poksitive uses to fall because of those circumstances and governments and experts know that so this fall isn't going to happen.

 
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July 22, 2018, 09:00:18 AM
 #595

It is very sad to say that a technology like this would come to a big tragedy
Bitcoin has the potential to be great but it has become a weapon of Greed

The real use of bitcoin as a payment system is just a fantasy
But what happens in reality, it is just a pump and dump coin like the rest

The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

A currency is something that can be used for daily basis rather than just an investment
majority of people who buy bitcoin is just for investment and not used as a payment itself

Never the less
HAIL HYDRA!
Is USDT or Tether the right way? you probably do not know, but USDT is not decentralized! The number of coins can increase at any time!  If I'm not mistaken.

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July 22, 2018, 09:06:08 AM
 #596

...You have  a point there and I can see where its coming from..its disappointment, we really can't tell what will happen next in the market, and yes we sometimes expect sometimes from it but it didn't happen the way we want to, but then we have to accept it and believe that bitcoin is still useful depending on the places it was available with, we can still profit more but then again we have to work it out.

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July 22, 2018, 09:11:23 AM
 #597

I think the rising bitcoin price is also very reasonable, considering the current condition the bitcoin price is also starting to increase again, so I'm sure that now is the beginning of the bitcoin price increase.
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July 22, 2018, 09:14:42 AM
 #598

is this a joke? Well we are not doing and getting involve in bitcoin for a joke. The concept of bitcoin as a form of investment is relatively good and this is one way that we will going to earn profit. If you like bitcoin to be used in a form of payment then that is not necesarry because we have centralized digital currency already running on every certain country so why use bitcoin? Bitcoin is just for savings though some of the establishment now accepting bitcoin payment.
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July 24, 2018, 06:10:35 PM
 #599

I think the rising bitcoin price is also very reasonable, considering the current condition the bitcoin price is also starting to increase again, so I'm sure that now is the beginning of the bitcoin price increase.

There's no such thing as the fall of Bitcoin, in my opinion. Bitcoin will be here to stay no matter what, since it's a global currency supported by millions of people around the world. It's normal to see Bitcoin's prices rise and fall, since it's a volatile cryptocurrency. But, I think that once exchanges are regulated by the governments, then the price for Bitcoin will stabilize in the future. Right now, we're seen a substantial increase in price, but it's way below the All-time-high of $20,000 per coin last year.

As such, Bitcoin may have fallen in price, but not as a cryptocurrency which has been adopted by many people in the real world. Unless another cryptocurrency arrives with a superior technology than Bitcoin's, the original cryptocurrency won't be going anywhere anytime soon. I envision Bitcoin as an unstoppable currency for the masses once it scales with the Lightning Network and several other improvements. And once this happens, prices will hit the moon for sure. Smiley

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July 26, 2018, 07:47:29 AM
 #600

(...) I think that once exchanges are regulated by the governments, then the price for Bitcoin will stabilize in the future. (...) And once this happens, prices will hit the moon for sure. Smiley

Your post is contradictory and inconsistent. If the price "stabilises in the future", it won't go to the moon. Mooning assumes volatility.
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