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Author Topic: Bitcoin failed as a currency  (Read 7192 times)
emulsifryer
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June 14, 2018, 09:03:56 AM
 #961

We can't say this thing right now because the future are still bright with bitcoin. Yeah, for now a lot of black propaganda just to ruins bitcoin reputation but I still believe in the future of this thing, bitcoin will become a major currency in the future. This is just the beginning.
Let's just hope this will grow more until all the coins are mine, but it takes more years for sure. We can actually still get benefits in bitcoin through hold and buy. You can buy btc if the prices are dump just like what happened this month maybe next few weeks or months you will regret cause you didn't buy when bitcoin is at the low price.

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RedzoneASE
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June 14, 2018, 09:07:22 AM
 #962

Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

Do you guys think that this can change in the long term ?


Yes, I think bitcoin will serve its true purpose in the near future. Although bitcoin now is being used as a form of a good investment due to its volatility but we know that the developer is going to develop it for the near future.

yousuf123
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June 14, 2018, 10:49:52 AM
 #963

I would not call it a failure as Bitcoin was never intended as a traditional currency. It was "created" as an electronic payment system based on cryptography and it has succeeded as a pseudonymous decentralized digital currency.but because for temporary today there are not still many countries that accept bitcoin, and are not ready to make bitcoin as a transactional tool, so bitcoin functions are limited only for investment.but I still believe in the future of this, bitcoin will be a major currencies in the future. We will see it.
JohnDcosta
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June 14, 2018, 11:15:18 AM
 #964

bitcoin is not failed it is just devloping.
TonyCallahan
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June 14, 2018, 11:28:09 AM
 #965

no it is not true bitcoin will also become successful as a currency.
NaomiNagata
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June 14, 2018, 11:31:23 AM
 #966

For me it is always difficult to predict which cryptocurrency is better for investment. And recently I have found the platform that provides forecasts with 70% accuracy. It is Cryptics - the world's first public crypto analytics based on AI. It is making predictions on a base of analysis of collected data from more than 100,000 sources in social networks and 400 technical indicators. Right now, you are able to know when is the right time to invest in cryptocurrency. The future has come! If you want to know more - https://youtu.be/52RacK8L4GI
Louise0910
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June 14, 2018, 11:43:11 AM
 #967

For now yes bitcoin is failed as a currency, bitcoin may the future currency if government regulate bitcoin and cryptocurrency.
xamxam
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June 14, 2018, 11:44:57 AM
 #968

Well, we can say that the bitcoin is not failed, although the price now is failed or down, we can't say that it is failed then, however the price of bitcoin before is highest in value whereas the bitcoin investors can't buy because it's to expensive, but now they can buy bitcoin because they can afford.
Babyhouse
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June 14, 2018, 11:48:24 AM
 #969

Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

Do you guys think that this can change in the long term ?


I also think so. Bitcoin now only become a form of investment.
katarin2030
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June 14, 2018, 12:00:00 PM
 #970

Well, we can say that the bitcoin is not failed, although the price now is failed or down, we can't say that it is failed then, however the price of bitcoin before is highest in value whereas the bitcoin investors can't buy because it's to expensive, but now they can buy bitcoin because they can afford.
Bitcoin failed as a currency, seriously I don't agree with this, few bad months doesn't mean bitcoin s totally failed. Still demand is there for the bitcoin and currently the price is stable not much fluctuations happening. On what basis one can say bitcoin failed as a currency need a strong reason to accept or else it just a rumor.
NaomiNagata
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June 14, 2018, 12:03:29 PM
 #971

I want to share with you my latest discovery – Cryptics. It is a blockchain-based cryptocurrency exchange rate aggregator fully reliant on neural networks and AI for building market predictions based on real-time data. Right now you can get a predictions for you trading solutions with 70% accuracy. It is a future!  Anyways, good luck with your investments Smiley If you want to know more - https://youtu.be/52RacK8L4GI
Bitexpert2017
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June 14, 2018, 12:19:21 PM
 #972

With time Bitcoin will be crypto currency, because banks will start to use it, for example in buy and sale daily trade. Plus there are growing market of altcoins, which also affect Bitcoin and make it more stable.
daniel1476
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June 14, 2018, 12:32:26 PM
 #973

Bitcoin is successful in internationalization.
Ryker1
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June 14, 2018, 12:46:34 PM
 #974

Nope, it didn't failed. Just because bitcoin price has rapidly go down, and there's much loss than profit, we can't say that it failed. It will recover soon, we just need to be positive and help bitcoin to raise its price again so it will go on. And also it's just developing, it's just starting, sooner or later it will bloom and become a big time currency.









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Simon Eaton
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June 14, 2018, 12:55:12 PM
 #975

Bitcoin long term will become digital gold, other coins such as ripple will become currency coins etc. We have a long way to until we see bitcoins full potential.
Neraj Evad
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June 14, 2018, 12:58:00 PM
 #976

That is not results that bitcoin failed as a currency, bitcoin is one of the successful currency today , in the market , in the different sites bitcoin success is phenominal ,conquering the digital world with this technology, it come with variety of fulfillment as a digital currency in the cryptoworld and even outside or other world is still popular currency.
alex_gr_cc
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June 14, 2018, 01:00:38 PM
 #977

I'm sure that bitcoin for payments will never be used. It will be like now - digital gold. In the market, there are a lot of cryptocurrencies worthy of cryptocurrencies that can be used for payments

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Polina Malina
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June 14, 2018, 01:29:22 PM
 #978

I want to share with you my latest discovery – Cryptics. It is a blockchain-based cryptocurrency exchange rate aggregator fully reliant on neural networks and AI for building market predictions based on real-time data. Right now you can get a predictions for you trading solutions with 70% accuracy. It is a future!  Anyways, good luck with your investments Smiley If you want to know more - https://youtu.be/52RacK8L4GI


Accuracy of 70%  Grin
And what about the remaining 30% ??
It's almost the same as 50/50))
And not even 90/10
This "commercial offer" is not encouraging to invest money in this cryptocurrency.  Smiley
Chachen19
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June 14, 2018, 01:41:16 PM
 #979

Today's bitcoin Bitcoin failed as a currency, although they have the same values that can be exchanged or stored. Bitcoins are still considered the national currency for another reason bitcoin  are still the digital currency
deklitt
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June 14, 2018, 02:32:29 PM
 #980

Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".

Do you guys think that this can change in the long term ?
I think bitcoin has various functions and not just as a currency but can be a profitable business asset, even some countries prohibit the use of bitcoin as a means of payment transactions such as Indonesia.
In this country bitcoin is only used as a business asset such as for investment and trade only.
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