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Author Topic: Could Bitcoin Succeed as a Crypto-Currency?  (Read 36 times)
arhemel5033
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July 05, 2018, 06:57:49 PM
 #1

Despite ultimate year's speedy rise in bitcoin's value, weak spot in its underlying technological know-how may want to crimp its long-term viability.

Read this epic story of a man who forgot his PIN, and misplaced $30,000 in bitcoin. And Bitcoin mining consumes extra electrical energy than the nation of Serbia; it should soon surpass US electrical energy consumption.
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pebwindkraft
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July 05, 2018, 07:29:10 PM
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yes  Grin Cheesy
because all the negative messages haven't realized in the last ten years. Easy as this.
Detailed answers to your statement can be found with a search in the forum.

Wrong usage of an application (PIN number) is not a bitcoin issue - you could do the same with any other software (or online banking).
Power consumption was discussed in epic length.
I think it will not surpass US energy consumption, cause US is still country with highest waste and outdated infrastructure.
blockaid.net
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July 05, 2018, 10:04:22 PM
 #3

yes  Grin Cheesy
because all the negative messages haven't realized in the last ten years. Easy as this.
Detailed answers to your statement can be found with a search in the forum.

Wrong usage of an application (PIN number) is not a bitcoin issue - you could do the same with any other software (or online banking).
Power consumption was discussed in epic length.
I think it will not surpass US energy consumption, cause US is still country with highest waste and outdated infrastructure.

yeah, just do a lil bit of search here. bitcoin already established its position in the cryptocurrency world.
so btc is already successful on its own terms.

what is he trying to look here?
Scripture
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July 06, 2018, 03:09:41 AM
 #4

Yes it is, and its become efficient and effective on the countries who already implemented it. In terms of forgetting the pin, i guess it doesnt have to do with the success of bitcoin, if someone loses his pin or key in his wallet or on bank, it always causes you trouble.
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