Bitcoin hyped by miners?

[blacknight789]

Not it is not hypes. It depends how you use the opportunity. If you are going for a long run then bitcoin can give you more than gold. It provides massive opportunity, you just have to know how to grab them.

[SUDARMONO]

bitcoin has an unstable price and results in always bubbles and as many people assume that bitcoin is a bet, but bitcoin is the coin of the future.

[Tigorss]

I am struggling to understand how Bitcoin is going to be used.
I know its long standing coin, gold like qualities, not hackable etc.  But when it comes to how it can be used, I could not find any answer.  High transaction fee, limited coins cause deflation, too volatile etc.  General public, corporations cannot use it.  Gold is different, there is nothing like gold but we have better coins than this. 

Will this be used for only speculation, betting?  How would general public / institutions use it in future?

technological progress is growing and this is one proof that technology is developing but every other people's thinking is always different there is who can accept and some are not, even though gold can be stolen if indeed people can do it, so not how we choose which one is better but how can we keep our assets, both gold and bitcoin.

[bitcoinminer566]

Recently the miners of the crypto currency has understood the importance of the bitcoin properly and have started to spread good hypes.

[dmcx]

bitcoin has an unstable price and results in always bubbles and as many people assume that bitcoin is a bet, but bitcoin is the coin of the future.

Right now, many people are having bad thoughts about Bitcoin, and they think that Bitcoin is a bubble. But they do not know that Bitcoin has existed for more than nine years, and if Bitcoin is a bubble, it will never last until 2018

[cryptoVinc5599]

bitcoin is very customer friendly they try their best to take very much less transactions charge.some people are taking advantage of its popularity and fame among the investors , but you can take your decision on your own just by analysising the market and it is as easy as like sending an email

[samiraetn]

Not everyone is accustomed to technologically advanced culture as of yet, in this mass population of the world. Some may have the perception of these ideas being too fad, although bitcoin was introduced for using alongside fiat currency, a much easier transactional process. Having more research on this, will actually, give you a better understanding to its beneficiaries.

[ninabobo]

well, sometimes some people have difficulty understanding new technologies. that is ok. many people aren't using smart phones, credit cards, computers,... for instance and that is ok.

if you have a hard time understanding bitcoin and you think fees are high even though they are not,... then you don't have to use bitcoin. let the millions of others who do understand it continue using it. 

I agree with you, I think the OP is complicating itself to understand bitcoin technology and its function. this seems to impose the will without digging it, because actually OP just need to take the time to seek a lot of insight about trade, investment or mining.

[Ahimoth]

Bitcoin can be used in lots of ways. Only the problem is that people dont know about it much yet. When they will have proper knowledge they will understand it's potential and usefulness. Bitcoin is nothing but a currency but only in digital form.Like fiat currency, you can do everything with bitcoin too. So, it is only a matter of time when it is accepted by worldwide.

Haters will still say whatever they want even if the function of bitcoin that is making the noise. How can you say that it is just being hyped where in fact it's too good as a system. Bitcoin is so advantageous so it's not impossible for it to behappen popular. The attention that it is receiving is just a normal thing since bitcoin is so great.

[AliMan]

Bitcoin can be used in lots of ways. Only the problem is that people dont know about it much yet. When they will have proper knowledge they will understand it's potential and usefulness. Bitcoin is nothing but a currency but only in digital form.Like fiat currency, you can do everything with bitcoin too. So, it is only a matter of time when it is accepted by worldwide.

I think it's just that bitcoib is so good as a system that's why the attention it is receiving is deserved by it. Saying that it's just being hyped is not fair because you can't blame it for being good. Bitcoin deserves to be recognized so if ever that it is being praised then for me that's okay because it willalways surely get popular due to its product.

[EdenHazard]

Bitcoin is new, if paired with it everyone will prefer gold over bitcoin. Gold has a place long known by all people in this world, so they are comfortable to choose gold without any doubt. This is what makes gold always safe, because everyone has known it, because every country has received it well.

While bitcoin, a new product created by humans through technology that still has many shortcomings, its nature can still be tricked by people who do not like his presence. While gold is a god creation that can not be doubted, can not be imitated and manipulated.

For now it's better to let bitcoin grow and be accepted by so many people that we can assess the use of bitcoin.

[mahbuboracle]

You have to learn again what bitcoin and blockchain transaction technology is, since banks in large countries are implementing a blockchain system that mimics bitcoin transaction technology.

Selected because it can facilitate customers in transactions and save money, etc.

that is what is needed by the people now with the current technological advancement that continues to grow rapidly

[Exchge]

James Altucher, a technology investor, fund manager, and venture capitalist, writes 10 predictions about this digital currency. According to him, 98% of existing digital currencies fall into the category of fraud, but bitcoin, and a number of other digital currencies, have different cases.

[so98nn]

I am struggling to understand how Bitcoin is going to be used.
I know its long standing coin, gold like qualities, not hackable etc.  But when it comes to how it can be used, I could not find any answer.  High transaction fee, limited coins cause deflation, too volatile etc.  General public, corporations cannot use it.  Gold is different, there is nothing like gold but we have better coins than this. 

Will this be used for only speculation, betting?  How would general public / institutions use it in future?

It is fairly common for people to misconstrue the true significance of bitcoin, reducing it merely to speculative activities. The true potential of Bitcoin lies in being a method of value transfer. Yes it is true that it is mostly the mining community that is using Bitcoin for its true purposes, but we are seeing positive news from all around the world, like from Zimbabwe, where Bitcoin is being accepted as a method of payment. We still have a long way to go, but we are getting there!

[Zeddyn]

until now bitcoin is not yet fully used as a substitute for fiat money and I think is still used in investing or trading and also many who consider as a bet.

[kiansantan]

Some people take advantage of their popularity and fame among investors, but you can make your own decisions just by analyzing the market and it's as easy as sending email.bitcoin is very customer friendly, they try their best to reduce transaction costs.

[int226]

It may be a miner, but I do not think so. Investors make it easier, miners want to get higher returns and lower costs.

[harrypot]

Bitcoin is the first cryptocurrency and without any doubt it is the best cryptocurrency yet so far. It is nothing like fiat currency but with many advantages and good options. Transactions can be made without any interference in bitcoin and there is no hassle of converting currency like fiat currencies.

[blacknight789]

Bitcoin is actually a medium of exchange without help of any intermeddiaries. But investment in Bitcoin is usually for making profits creating values of it. It has also been used for transfering money converting into BTC to anywhere of the world with a minium cost of fee. But sometimes fee are high due to the network is widely accepted.

[kasurnya]

it seems you have to learn more about bitcoin, you just say all the negative things about bitcoin.
read all the things related to bitcoin in this forum so you understand exactly what bitcoin is.