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Author Topic: The FALL OF BITCOIN  (Read 322328 times)
Jingjess
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August 19, 2018, 01:31:00 PM
 #701

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
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Well this is the reality.Most people considered bitcoin as form of investment and not a payment system considering the fact that there are still many countries don't accept bitcoin as mode of payment and besides bitcoin has no stable price,so maybe these are the reasons why some people used it as investment.

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Kasliono
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August 19, 2018, 01:36:01 PM
 #702

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!
Actually, when all of us are accepted bitcoin as a payment, then it will be used for doing the transaction, so we should agree togather that bitcoin can be used for transaction to buy or sell something, even for the salary. So, bitcoin is not only an asset, but it is a currency.
jaydenbox
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August 19, 2018, 01:37:59 PM
 #703

Sad but true however I still think bitcoin will become what it is meant to be, not just an weapon of greed as you said, but a real payment method, people will learn and realize that bitcoin has a purpose.
riyarana1123
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August 19, 2018, 02:10:51 PM
 #704

I also agree with you that there are very less number of people who are using bitcoin as a method of payment actually there are several reasons why people are not use it to make payments:-
1). The first reason is that bitcoin is ban in some countries so how can people use bitcoin as a method of payment in such nations.
2). One other main reason is fluctuations the price of bitcoin always fluctuate and to be a currency which is use as a method of payments the currency first have to be constant.
3). Some people do not use bitcoin so when a person who is a investor of bitcoin give them bitcoin how can they accept it.

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Malam90
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August 19, 2018, 02:13:35 PM
 #705

You should bear in mind that bitcoin has pumped from $600 to $20k in 2017 till December.  After huge pump, dump is expected but prwsent situation is not expected.
nikogluttonym
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August 19, 2018, 02:19:23 PM
 #706

People start to come slowly in understanding what bitcoin is and how it is unstable in the hands of large Whales.

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August 19, 2018, 02:19:41 PM
 #707

You can't blame them because investment is one of the best offer that bitcoin can give aside from using it as a payment. Besides it is still use as a payment although majority of the people saw the potential of bitcoin as an investment. Just be glad that Bitcoin is here to stay and enjoy its profit.

I strongly agree that we cannot blame anyone for this. It's time to be more grateful for the existence of Bitcoin and there have been great benefits from all this.
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August 19, 2018, 02:22:57 PM
 #708

We have to admit that bitcoin is worth investing in, and bitcoin investment gives hope to gain substantial profits, the decline in bitcoin prices is something that is reasonable in investment, and of course there will be a time when bitcoin will rise again in price. When the price of bitcoin falls, I see that the other coins also fall. This means that bitcoin is still in control of the cryptocurrency market and currently there are still many people who believe in bitcoin. Whatever people say about bitcoin, for me someday the price of bitcoin will rise higher, and just need patience in waiting.
Drakula
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August 19, 2018, 02:23:57 PM
 #709

Sad but true however I still think bitcoin will become what it is meant to be, not just an weapon of greed as you said, but a real payment method, people will learn and realize that bitcoin has a purpose.
Yeah and its kinda heartbreaking to hear the  situation the market is in right now. The prices are getting lower and lower i dont know but i hope it will recover as soon as possible.
enthusia
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August 19, 2018, 02:31:27 PM
 #710

Aren't we thankful that bitcoin was multi-purpose one? Not only working as a payment basis but an innovation to earn profits. Well, Im grateful for that. It would always be better if we take those ways appropriately.
EddyGameta
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August 20, 2018, 05:31:30 AM
 #711

Bitcoin is now more valuable than currency because if it used like a currency then the price won’t increase as people expected it to increase. Pay attention if the currency is commonly used as a tool of transaction many people will judge that the currency is not very valuable because a lot of it spent to buy things desired.
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August 20, 2018, 05:34:23 AM
 #712

it's true that bitcoin prices are falling and falling. but don't panic bro. use the opportunity to buy bitcoin and hold it. enough to hold now we will become rich
Market-desi
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August 20, 2018, 05:39:35 AM
 #713

bitcoin is now falling. but I'm sure that bitcoin will rise again. the most important thing for us is the place to invest and use the opportunity to narrow down to get big profits ..

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August 20, 2018, 05:45:45 AM
 #714

I think the fall of bitcoin is a normal thing, as we know that bitcoin uses the concept of decentralization so that rising and falling prices are natural and normal, the most important thing is that we can get big profits when investing in bitcoin.
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August 20, 2018, 07:36:54 AM
 #715

Bitcoin is good form of payment in my opinions and i think Bitcoin will not fall more but for now the market is stick to $6400 while soon i believe that crypto is the best investment option now and i hope that bitcoin will become legal in our country then the price and usage will more increase.

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August 20, 2018, 04:36:30 PM
 #716

Bitcoin is not a real currency but it is a degital currency.  If it is used as a currency,  its price will not increase. Your Investment in bitcoin  should be considered as investment and every investment has either profit or loss.
Gragal
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August 20, 2018, 05:05:31 PM
 #717

BITCOIN is still there, keep bitcoin from falling, but bitcoin will not become extinct, bitcoin prices will continue to increase in DECEMBER, don't think bitcoin is gone.

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August 20, 2018, 05:11:22 PM
 #718

the fall of bitcoin is if many countries agree to ban bitcoin, the fact is not like that because some countries are actually trying to adapt it officially because they are very affected by global pressure from their fiat.

This year's benchmark price cannot be the main reference, it could be that many speculators also want it to provide opportunities for new investors to buy at normal prices, if the price of bitcoin is very expensive then it will not be affordable to buy and will eventually become a bubble.
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August 20, 2018, 05:37:28 PM
 #719

Like it or not, Bitcoin is like a wild card that doesn't work in a certain way. And given that BTC has continued to fall in the past few weeks, where BTC prices fell to their lowest level in just two months, in fact there are still many investors who still believe that they will not fall at the lowest prices. Actually, this isn't something new and won't stop it from soaring in the following year ...

It's just that, Cryptocurrency World is experiencing a pretty hard turnaround, where the price of bitcoin can rise significantly, and prices continue to decline very quickly. So, it seems to imply that current Bitcoin users (including miners) might have to get used to life like that. Because most investors also believe, they say that there is a possibility that BTC prices will drop to the lowest level with a price range of around $ 7,500. Although this is a prediction, it can signify that the world of cryptocurrency will not end in an instant, maybe even continue until certainty goes with a number of fixed rules. However, is that true?
rolls89
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August 20, 2018, 05:40:56 PM
 #720

How can bitcoin fall.Only 10% of the world's population knows about cryptos there is much to be explored as yet in Bitcoin
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