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Author Topic: The FALL OF BITCOIN  (Read 322335 times)
virendarnagpal
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August 26, 2018, 03:07:42 AM
 #761

Bitcoin creator created it with the intention of decentralized currency which is P2P without inter mediation.  But afterwards it was forced to be converted to investment platform.  
Now greed of people will not allow it to get freedom from the clutches of investors.  So I do not think that bitcoin will ever be used just as currency because now it is having huge fluctuation of its price.
Ianbadz2000
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August 26, 2018, 03:13:03 AM
 #762

This is not tragic happened that we have to worried of this situation, this is not happened today it happened even before the falling of bitcoin is just normal later it will bounce back so no need to panic just chill..
chopperchopper
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August 26, 2018, 04:05:12 AM
 #763

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!

I think this would be a potential for development in technology. If majority of us help by the Bitcoin investments, people tend to improve its capacity to perform continuously. With that, it is possible for bitcoin to become a currency.
musharaf
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August 26, 2018, 04:17:33 AM
 #764

Now the bitcoin is not using for what it was designed and it is the most useful tool in the greed now a days blockchain technology was designed for the online market online job  market and good market but the altcoins are grow due to bitcoin and people think about that for life time usage so bitcoin suffer from wrong news and bad information sources in the past which badly affected the bitcoin price and it's usage in the world.

mornabo
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August 26, 2018, 05:15:02 AM
 #765

I agree with most of your point. Bitcoin is a currency, the purpose of bitcoin is to use as a currency. People saw it as an investment opportunity. All the game changed from that  Angry Angry
That's the freedom that exists in bitcoin, everyone is free to use bitcoin for anything like currency or investment, but in reality this is only about dump and pump games and some people might manipulate it to their advantage but that is not a problem as long as bitcoin is still useful for many people
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August 26, 2018, 05:17:32 AM
 #766

I agree with most of your point. Bitcoin is a currency, the purpose of bitcoin is to use as a currency. People saw it as an investment opportunity. All the game changed from that  Angry Angry
At this time, bitcoin is falling, the price is low compared to its price last year, month of December. But I’m still positive that it will come back soon. I am hoping before the end of the year.

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BennyK
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August 26, 2018, 05:32:40 AM
 #767

There is no point in anticipating the fall of Bitcoin because it is never going to happen. Bitcoin has evolved successfully over the past years and has gained much roots and the trust of investors on the market, serving as the strong backbone of it.

Urbinklin
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August 26, 2018, 04:59:28 PM
 #768

But nevertheless, it can not be called the death of bitcoin. Yes, now everyone has focused on investing, but this does not mean that we will not use bitcoin as a coin. It's just that it's not time yet.
bitvelk
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August 26, 2018, 05:17:12 PM
 #769

Bitcoin is now going through hard times, and the fact that it is little used as a currency also hinders its development, but this technology has already been launched and it can not be stopped, you will see.


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callyf
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August 26, 2018, 05:18:30 PM
 #770

Fall of bitcoin do regural up and down it's same as all happening
rtm125
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August 26, 2018, 05:31:13 PM
 #771

The best times of bitcoin are yet to come and we will use it as a currency. It needs a little more development and time, the world is not quite ready for digital currency yet.

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Ekim22
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August 26, 2018, 05:42:20 PM
 #772

The fall of bitcoin is very sad to those who invest in bitcoin,the bitcoin price in up and down there's a time that goes up and there's a time that goes  down but the time of bitcoin goes down that no y means that it will die the fall of bitcoin is only temporary not life time it will raise again we only need to wait.
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August 26, 2018, 05:52:08 PM
 #773

Bitcoin is a young coin coin compared to Fiat. Fiat is used by everyone in life and almost anyone can use. But Bitcoin is getting more and more popular. The number of bitcoin users is increasing and it clearly breaks the bitcoin age. I think bitcoin is just an investment to make money for everyone because it has not been recognized by the government as a valid Fiat. .
ritiktakyan01
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August 26, 2018, 07:36:31 PM
 #774

I do not think bitcoin can ever fall. Right now the price of bitcoin is running low. But in the few days the price of bitcoin will reach its peak level.
DJ_Rick
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August 26, 2018, 08:03:36 PM
 #775

I think that btc will become the best one or to be more exact it will remain like this. Today, this is the most popular coin which is expected to increase in price and I am waiting for this to happen
Haliburton
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August 26, 2018, 10:55:41 PM
 #776

yes, at this time bitcoin is used by people to invest and to trade, but bitcoin has a very good goal in the future.
bitcoin will become a currency in the future, people will increasingly use bitcoin as a means of payment.

I concur with you, my friend. Bitcoin may have seen its ups and downs over time, but it has always managed to bounce back in price no matter what. When most people refer to the "Fall of Bitcoin" they simply mean that its value has declined massively over the cryptocurrency market. But, as a functional cryptocurrency for payments, it has not died yet, becoming stronger than ever as new miners and nodes join the network. If compared with many of the popular cryptocurrencies in the market, I'd say that Bitcoin is alive and running as usual.

There will be nothing stopping Bitcoin in the future, even if governments from all around the world decide to ban its usage. No matter what it's price would be, or how popular it is, if it has at least a single node and miner on the network, then that's enough to say that the cryptocurrency is alive. The most important thing is that for the first time ever in history, we as humans get to control our own money without the fear of the government or any outsider restricting full access to your funds.

Therefore, I'm confident that even if Bitcoin has fallen in price during the start of the year, it will rise back up again like it has done before. Wink

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August 26, 2018, 10:59:53 PM
 #777

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!
Well, that was really the sad truth that we need to face that with the rise if the modernization, is also the rise of the lazy and greedy type of people that have the mindset that all things can be gain that easy without exerting much effort and sometimes there is an abuse of usage and lack of contentment that make them greedy individuals from simple ones at first sight. It is really in need that with the proper usage of it, we can control the equity or balance to avoid the bad effects to come.

Cryptoreflector_666
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August 26, 2018, 11:36:34 PM
 #778

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 and much more than you can imagine. The Internet you know is about 10% of what actually exists. And just in these areas are huge turnover cryptocurrency is very active.

The Cryptologist
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August 27, 2018, 02:08:57 AM
 #779

Any technology has always the chance to improve more. What people don't want on it's current state will surely be fixed in the future. So before those problems get fixed, you guys should invest because if ever it happens, it would be very quick and you will miss the most profits that you could have made.
Haliburton
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August 31, 2018, 06:57:29 PM
 #780

Any technology has always the chance to improve more. What people don't want on it's current state will surely be fixed in the future. So before those problems get fixed, you guys should invest because if ever it happens, it would be very quick and you will miss the most profits that you could have made.

Yes sir! That's normal when something new comes into the real world. Bitcoin's current trend is like that of the Internet when it began back a few years ago. Many people thought that the technology was overhyped, but as time passed by, it transformed our society in many ways that were never imagined before. Now that Bitcoin has brought us Blockchain technology, it would take some time before it could fully mature for the masses.

Since it's in its very beginnings you could expect to see many downsides such as slow speeds, high volatility, and high fees, but as it improves in development, Bitcoin becomes stronger than ever. Scaling solutions like Lightning Network, Schnorr Signatures, Mimblewimble, and more are already being worked on to make Bitcoin a big cryptocurrency for the enjoyment of all. Right now, won't be able to see current Bitcoin prices within the future, as these improvements and the halving event, will greatly increase the demand of the original cryptocurrency within the market.

If you don't buy now, you'll regret it in the future, as Bitcoin gets past the $20,000 price. When the whole cryptocurrency market is valued at $1 Trillion, then I'm sure that there will be FOMO within Bitcoin and other popular cryptocurrencies in the market. But, it will be too late, because Bitcoin will be so expensive for an average investor to own a single Bitcoin. Only early adopters would greatly benefit from the uprising in the future. Therefore, I don't think that Bitcoin will fall anytime soon. Wink

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