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Author Topic: The FALL OF BITCOIN  (Read 322335 times)
Leadership58
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August 20, 2018, 06:27:39 PM
 #721

now btc price under correction hold on just or try to invest becuase now price is so reasonable
minhlee95
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August 20, 2018, 07:34:24 PM
 #722

Unfortunately, the use of bitcoin as a currency is limited by the technical imperfection of shops, cafes, etc. I would love to be spending their bitcoins, but I just have nowhere to do it. So I'm saving them for now.

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August 20, 2018, 08:08:56 PM
 #723

I think bitcoin is just too young to be used as a currency. And now it is much more profitable as an investment, but over time it will be able to realize as a currency, I'm sure.

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drukoz2
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August 20, 2018, 08:16:06 PM
 #724

Bitcoin is developing every day, including as a currency. More and more large companies decide to use bitcoin in their business. So he's on the right track, give him some time.
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August 22, 2018, 08:08:31 PM
 #725

Well, I don't see that happening. We need to give Bitcoin and the market additional time as the entire procedure can take a some time and years before we can presume that Bitcoin is a major achievement or simply one more fizzled man-made wander. Shockingly, no framework can ever murder greed...but the blockchain innovation can some way or another limit the symptoms of insatiability. But most importantly, keep HODL.
gorokill
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August 22, 2018, 08:14:29 PM
 #726

Someone's selfishness can cause bitcoin's good name to collapse helplessly.
People who put bitcoin are more likely to be just investments. Maybe it's because the country hasn't actually legalized bitcoin as a legitimate currency, it could be one of the reasons why bitcoin is in the majority as a medium of investment and gambling.
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August 22, 2018, 08:29:14 PM
 #727

Very impressive all that people see is making profit that is investing and waiting for maturity. Until price jump in 2017 people were just scare and skirting about things.
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August 24, 2018, 02:48:08 AM
 #728

Unfortunately, the use of bitcoin as a currency is limited by the technical imperfection of shops, cafes, etc. I would love to be spending their bitcoins, but I just have nowhere to do it. So I'm saving them for now.

True. Bitcoin still needs widespread adoption in our world, to become useful for our daily lives. Now, there are only a select few merchants and online sites which accept Bitcoin for payments. But, as time goes by, I think that adoption will increase as Bitcoin becomes more stable as a currency for daily transactions. The volatility experienced by Bitcoin, makes it unfriendly for merchants and serious businesses. But, soon everything will head back to normal as Bitcoin scales to handle a large quantity of transactions per second.

Sure, Bitcoin could decline in value in a blink of an eye, but it'll be here to stay for quite a long time. Every time Bitcoin becomes cheaper in price, it doesn't mean that it's dead or it has fallen. In fact, it's all the way around it, since it's still performing as intended being a cryptocurrency free from middleman and a perfect store of value.

Therefore, if Bitcoin is still alive as a blockchain network, it will continue to exist in our world regardless of its price. Smiley

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August 24, 2018, 02:53:50 AM
 #729

yes you are right all the technology that is created will definitely be able to destroy itself but all hope that the blockchain technology that is created can last longer and can provide many benefits.

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August 24, 2018, 03:37:17 AM
 #730

Bitcoin has a lot of potentials to which people, who thought it is still a scam, are missing a lot. The fall of bitcoin that you may be talking about is how the population of bitcoin is decreasing but it still won't affect that it might be big in the near future if it experts further study it.



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Rainbot
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dmitriko
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August 24, 2018, 04:08:12 AM
 #731

It has not come to tragedy, I will say that it is still in initial stages only. You will see much faster growth in future.
tranle1267
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August 24, 2018, 09:44:24 AM
 #732

now i don't think so bitcoin fall, i think it need time to restore and develop.
Blockchain is the future and bitcoin will grow up.
TiffanyYoung94
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August 24, 2018, 10:09:18 AM
 #733

Does anyone think the future bitcoin will replace the currency?
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August 24, 2018, 10:10:08 AM
 #734

Bitcoin is highly volatile and unpredictable. Someday it goes up and someday it goes down due to its volatility nature. So we can't say that Bitcoin is falling. Bitcoin price will continue to increase and one day it will be on peak.
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August 24, 2018, 10:38:28 AM
 #735

I think in the near future bitcoin will rise in price
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August 24, 2018, 10:47:31 AM
 #736

I think the fall of bitcoin is influenced by several negative factors and thoughts from some people and may also be manipulation, but bitcoin in my opinion is not just an investment because I see there are some people who use bitcoin to buy and pay for something

jacksonhen
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August 24, 2018, 10:58:34 AM
 #737

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, one of the most popular cryptocurrencies on the market today, was being used for both investing and payment a few years ago. But today, Srinivasan said, there are competitors in the cryptocurrency transaction market that would be better suited as payment systems.

"Probably for the foreseeable future, bitcoin is just a pure digital gold," said the CEO, who is also a board partner at Andreessen Horowitz, a private venture capital firm. "For transactions, something like bitcoin cash, or something like the new Lightning Network that's built on top of bitcoin, could be interesting."

"Bitcoin's market cap in the long term continues to rise," he said. "But its market share, as a percentage of total coin market capitalization, continues to fall."

Source : https://www.cnbc.com/2018/01/25/despite-its-name-bitcoin-is-not-really-a-currency-expert.html
BitTeo
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August 24, 2018, 11:03:21 AM
 #738

Um, no need to being hopeless. Crypto market is still young and wild, so it’ll continue to evolve somehow. I also agree that bitcoin has a really good potential but sometimes we all need to let it go with the flow. I’m not hopeless and i’m sure everything will be fine.
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August 24, 2018, 11:36:30 AM
 #739

Um, no need to being hopeless. Crypto market is still young and wild, so it’ll continue to evolve somehow. I also agree that bitcoin has a really good potential but sometimes we all need to let it go with the flow. I’m not hopeless and i’m sure everything will be fine.
Indeed! Bitcoin has been in the industry for decade and been known as the king of cryptocurrency. There can be a wild swing of the market but it doesn't mean it's over. There's still so much room for recovery and growth. Positivity, patience, and hope can greatly help to overcome fears and go on with life. Everything will be back in place at the course of time.

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August 24, 2018, 12:54:29 PM
 #740

In my opinion, right now, we don't need to panic quickly with the decline in Bitcoin prices. Bitcoin will go to the moon again, we only need our patience in investment, but in time, Bitcoin will stabilize and will increase by the end of this year.
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