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Author Topic: Bitcoin is A joke and will never last.  (Read 19767 times)
Swordsoffreedom
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April 18, 2014, 05:35:15 AM
 #221

Cortana said me it will last atleast 500 years so... Cheesy

If an advanced AI from the future says it will work then that's good enough for me UNSC Hoo Rah xD

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April 18, 2014, 05:42:30 AM
 #222

For something to replace cash, it has to be as good as or better than cash.

Bitcoin is not as good as good as cash. Some alts are though.

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April 18, 2014, 08:10:24 AM
 #223

it will last minimum another 5 year.
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April 18, 2014, 08:36:36 AM
 #224

OP posted on the forums for 3 days total in February.

 From the couple of other posts he seemed bummed that a transaction he made took 5 hours or so to confirm so problably concluded visa is better and if he were to buy a coffee with Bitcoin he would obviously have to stand and wait 5 hours for confirmation meanwhile his coffee would be stone cold.

Cold coffee =  Undecided

Warm coffee (visa) =  Cheesy

Bitrated user: Mick.
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April 19, 2014, 12:31:04 AM
 #225

it will last minimum another 5 year.
It'll surely last longer than that, question is what will the value be. It's not going to magically disappear after 5 years.

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April 19, 2014, 12:35:15 AM
 #226

it will last minimum another 5 year.
It'll surely last longer than that, question is what will the value be. It's not going to magically disappear after 5 years.

Like Cortana said ir will last 500 years Cheesy .
Now serious, i think price will only go up. New people getting into it, and its harder and harder to mine. So that what is mined need to spread up, and price will go up. Smiley

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April 19, 2014, 12:36:14 AM
 #227

it will last minimum another 5 year.
It'll surely last longer than that, question is what will the value be. It's not going to magically disappear after 5 years.

Like Cortana said ir will last 500 years Cheesy .
Now serious, i think price will only go up. New people getting into it, and its harder and harder to mine. So that what is mined need to spread up, and price will go up. Smiley
Indeed. But we might encounter unexpected problems in the future. Or we might not. We'll see. Smiley

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April 19, 2014, 12:37:47 AM
 #228

it will last minimum another 5 year.
It'll surely last longer than that, question is what will the value be. It's not going to magically disappear after 5 years.

Like Cortana said ir will last 500 years Cheesy .
Now serious, i think price will only go up. New people getting into it, and its harder and harder to mine. So that what is mined need to spread up, and price will go up. Smiley
Indeed. But we might encounter unexpected problems in the future. Or we might not. We'll see. Smiley

We will that is for sure, but every time bitcoin takes a beating , price recovers. That downs are great for trading Smiley .

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April 19, 2014, 12:44:50 AM
 #229

For something to replace cash, it has to be as good as or better than cash.

Bitcoin is not as good as good as cash. Some alts are though.

ok, i'll take the bait.

which alt and why?

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April 19, 2014, 12:46:57 AM
 #230

For something to replace cash, it has to be as good as or better than cash.

Bitcoin is not as good as good as cash. Some alts are though.

ok, i'll take the bait.

which alt and why?
Noo what have you done. Don't feed the trolls. Sad

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April 19, 2014, 12:50:13 AM
 #231

Actually bitcoin does have a few advantages over cash (and many more disadvantages, but those can be overcome and are mostly related to it not being widely adopted yet.)

1.) You can easily send Bitcoin anywhere in the world without a major hassle or expense.
2.) Bitcoin doesn't wear out like cash.
3.) Bitcoin, to my knowledge, cannot be counterfeited.
4.) Bitcoin isn't dirty. Money is filthy and can carry bacteria, dangerous chemicals such as drug residue, etc.

Just a few off the top of my head.
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April 19, 2014, 12:51:26 AM
 #232

Actually bitcoin does have a few advantages over cash (and many more disadvantages, but those can be overcome and are mostly related to it not being widely adopted yet.)

1.) You can easily send Bitcoin anywhere in the world without a major hassle or expense.
2.) Bitcoin doesn't wear out like cash.
3.) Bitcoin, to my knowledge, cannot be counterfeited.
4.) Bitcoin isn't dirty. Money is filthy and can carry bacteria, dangerous chemicals such as drug residue, etc.

Just a few off the top of my head.
Do you have some sort of bacteria phobia by any chance? Think I recall a previous post hinting at that as well.

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April 19, 2014, 02:05:46 AM
 #233

This goes out to Mr. OP:

Every day, another story appears confirming how close BTCitcoin is to hitting critical mass.
An article in 'Forbes' said it perfectly:
"Even if you weren't intrigued by other aspects of this rock star digital currency, it's hard to argue with over 5,000% appreciation in less than a year."
So many people(including myself) believe we are now just in the very early stages of massive BTCitcoin growth.

**Keep in mind that there were other so-called digital Currency companies before "BTCitcoin" came into existence and they all failed, why? because unlike BTCitcoin, they were centralized.  "Decentralized" is what's making BTCitcoin so popular and in time will show why BTCitcoin is here to stay - "Produced by the people, For the people!"
The 0nes that came 0r come after BTCitcoin are just, imitator's!!!!!!! And so therefore BTCitcoin will be seen as the TRUE Leader for years to come - Get 0ver It!
Let's move on 4rm this topic shall we! We don't need to hear negative when in fact we know it is POSITIVELY POSITIVE.

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May 09, 2014, 01:28:05 AM
 #234

This goes out to Mr. OP:

Every day, another story appears confirming how close BTCitcoin is to hitting critical mass.
An article in 'Forbes' said it perfectly:
"Even if you weren't intrigued by other aspects of this rock star digital currency, it's hard to argue with over 5,000% appreciation in less than a year."
So many people(including myself) believe we are now just in the very early stages of massive BTCitcoin growth.

**Keep in mind that there were other so-called digital Currency companies before "BTCitcoin" came into existence and they all failed, why? because unlike BTCitcoin, they were centralized.  "Decentralized" is what's making BTCitcoin so popular and in time will show why BTCitcoin is here to stay - "Produced by the people, For the people!"
The 0nes that came 0r come after BTCitcoin are just, imitator's!!!!!!! And so therefore BTCitcoin will be seen as the TRUE Leader for years to come - Get 0ver It!
Let's move on 4rm this topic shall we! We don't need to hear negative when in fact we know it is POSITIVELY POSITIVE.



+1
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May 09, 2014, 05:10:53 AM
 #235

This thread is a joke.

Go try out Visa, Mastercard, etc... I'm sure you'll love the 3-5 business day "confirmation times" and extra fees as an added bonus.

and besides, if Bitcoin doesn't succeed, another cryptocurrency will with shorter required confirmations. now go back to your troll hole.

As a holder of more than one merchant account, I can tell you that you that there is no comparison between Bitcon confirmations and credit card confirmations.

You are just wrong on this one.


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May 09, 2014, 06:36:59 AM
 #236

I have a slightly different opinion here. I think bitcoin is a better place to participate and share opinions.
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May 09, 2014, 06:48:49 AM
 #237

this thread is a major joke

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May 09, 2014, 07:46:21 AM
 #238

Before, my thoughts with you.
It can not understand the value of existence, but now can accept, and when acceptable to all, anything is possible!
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May 09, 2014, 01:41:56 PM
 #239

The average consumer is not going to partake in bitcoin when transactions can take hours or even days (currently waiting 3+ hours to move money between accounts). Bitcoin is a fad and will never be a real currency due to the massive draw backs that are built into the currency itself and can not be counted. One of the reasons to use Bitcoin was due to the low fees. The fees will continue to raise as mining cost increase and people have to pay higher and higher fees just to get their bitcoin moved to a new location.

You will never be able to walk into a shop and just pay for an item. You will have to wait untill the transaction is confirmed which is currently taking hours and will eventually take days/weeks.

Bitcoin will fail once a better digital currency is introduced.

How about days waiting to transfer money between accounts?
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May 09, 2014, 02:55:10 PM
 #240

New economy movement a.k.a. NEM will dethrone BTC in long run. It is not launched yet, so you still have time to became early adopters. Design of NEM has in mind needs of average Joes and got rid off all Bitcoins tech flaws. But dont trust me. See for your self.
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