BITCOIN is useless!?

[cryptokingdom]

Bitcoin hedead to zero?
The former ceo of paypal Bill harris said that,bitcoin's value will continue to dwindle until it gets "eventually a whole lot closer to zero."and saying that there's just no value in bitcoin and "Bitcoin makes no revenue, no profitability."
he also called the cryptocurrency is a
"colossal pump-and-dump scheme, the likes of which the world has never seen."
I think this is non-sense, what about you?

Source: cnbc

If we want to talk about revenue and profitability do our traditional fiat currency make revenue and is profitable on it own. Because He owns paypal do not make him omniscience, because from this statement I realize He does not understand bitcoin.

[letecia012]

Bitcoin hedead to zero?
The former ceo of paypal Bill harris said that,bitcoin's value will continue to dwindle until it gets "eventually a whole lot closer to zero."and saying that there's just no value in bitcoin and "Bitcoin makes no revenue, no profitability."
he also called the cryptocurrency is a
"colossal pump-and-dump scheme, the likes of which the world has never seen."
I think this is non-sense, what about you?

Source: cnbc

That is his personal opinion but if you look to the crypto market in general more and more people and  companies are adopting blockchain and uses crypto currency as one of the medium of payment.  it only shows that bitcoin has value tocthose eho believe in it

[cryptosonu]

Bitcoin hedead to zero?
The former ceo of paypal Bill harris said that,bitcoin's value will continue to dwindle until it gets "eventually a whole lot closer to zero."and saying that there's just no value in bitcoin and "Bitcoin makes no revenue, no profitability."
he also called the cryptocurrency is a
"colossal pump-and-dump scheme, the likes of which the world has never seen."
I think this is non-sense, what about you?

Source: cnbc

i would say bitcoins are not useless because at the moment in time and in future very clear use case is that digital cash for peer-to-peer payments and it serves as a settlement coin on exchanges. bitcoin has many uses but it is up to people to adopt those uses and adapt them to their life.

[Ahimoth]

Is it because he's a big person so the world community listens to him? does he regulate the value of bitcoin? can he predict the future?
from the past many people who wanted to drop bitcoin, they made various bad reasons about bitcoin but what is it now? does bitcoin fall to zero?
don't people have other jobs that are more useful than listening to this useless chatter? try to instill confidence in yourself in bitcoin

I beg to disagree but this is one of the non sense comment I've ever read in this forum. How can you even say that bitcoin is useless if it has already help a lot of people who vot involved with it? You don't have enough proof so stop making false news because bitcoin has the capability to defend itself and prove you wrong.

[krasheed11]

Just hold and sit tight don't bother in trading it's not the right time for it

[AliMan]

Is it because he's a big person so the world community listens to him? does he regulate the value of bitcoin? can he predict the future?
from the past many people who wanted to drop bitcoin, they made various bad reasons about bitcoin but what is it now? does bitcoin fall to zero?
don't people have other jobs that are more useful than listening to this useless chatter? try to instill confidence in yourself in bitcoin

This is probably the kind of quote that I don't want to read because it Is really getting into my nerves. It disgust me every time I see some post that take a shot in bitcoin but in fact it's not true. They don't have any proof about what they are saying and I don't know where did they found there confidence to do that. Bitcoin is useful not useless stop this black propaganda!

[MaruAlmen]

If its useless then why would people buy it? If its useless then why its still very known and used by many? If it's useless then it will never be on top leading currency that people bought in these days. Calling it as useless is not true because bitcoin has already showed its potential to dominate other currency such as fiat. Bitcoin has a great potential in every aspect as lots of people are adopting and using it now. Bitcoin will be good as gold or much expensive than gold in the near future as its very limited suxh as gold or any other materials.

[RAinery]

That's about what people say. But until this moment I don't believe that. For me bitcoin will still be useful and the price of bitcoin will definitely rise again. All turn to you will believe in yourself or others.

[LogitechMouse]

Don't rely on news always. Don't you know that they are only relying on the facts that they know. Do they know bitcoin like most people here do? These fucking reporters must interview the experts in crypto and not some of these stupid bullshit saying that bitcoin is fraud, bitcoin is useless, bitcoin will go to zero etc.

Anyway, it will not go below 0 unless Satoshi and some holders who are holding a massive amount of bitcoin will sell all of their coins and make the price of bitcoin plummet.

[Dewao]

If its useless then why would people buy it? If its useless then why its still very known and used by many? If it's useless then it will never be on top leading currency that people bought in these days. Calling it as useless is not true because bitcoin has already showed its potential to dominate other currency such as fiat. Bitcoin has a great potential in every aspect as lots of people are adopting and using it now. Bitcoin will be good as gold or much expensive than gold in the near future as its very limited suxh as gold or any other materials.

It's not true that bitcoin is useless, we all holders know that, people who said bitcoin is useless is maybe the person who bought bitcoin at high price and now they actually lose their money. This is can be the reason why other people will says that bitcoin is useless Because for now they can't see it worth all they see is their lost.

[JustBetweenUs]

It's not useless, even if you want to trade anything you need bitcoin. It is hard to imagine crypto without bitcoin. All new investors start with bitcoin only, even to buy other coins, you need bitcoin. Let alone the real world use cases.

[maman09]

Bitcoin hedead to zero?
The former ceo of paypal Bill harris said that,bitcoin's value will continue to dwindle until it gets "eventually a whole lot closer to zero."and saying that there's just no value in bitcoin and "Bitcoin makes no revenue, no profitability."
he also called the cryptocurrency is a
"colossal pump-and-dump scheme, the likes of which the world has never seen."
I think this is non-sense, what about you?

Source: cnbc

Yes, you are the same as Bill Harris who is not important to discuss here. because of this I say you are useless, because I think you deliberately spread FUD to drop the value of bitcoin deeper and it will not be useful and effective.

[bajingluncat]

actually I do not believe this opinion, because in my opinion, btc will still be a valuable coin, even if the price will fall back to the beginning but I believe the price will return again as time goes by, honestly I feel it is just an issue of people who want anyone who invests in btc and reads the topic he panics, and maybe so he will benefit by taking advantage of this situation, or he is among those who are jealous of btc and expect bad things to happen to BTc, but whoever he is if I may suggest make a topic quality is not spreading negative issues, unless you have strong evidence to support your prediction

[pltgksl]

For who. For which country. This is not logical i think.

[Kidmat]

Bitcoin will still be valuable and I can't see even in the future that it is useless. Every person has their own prediction so for me bitcoin has more features. Since we dont know what's gonna happen I'm certain it is more valuable.

[mithon2017]

Bitcoin is not useless.   although now BTC market is down but you can never talk Bitcoin is useless.  Bitcoin have always good price. I think, Even if the price of BTC down to almost zero it will go back up again. you needed proper knowledge about it. just wait and see

[pinot95]

Bitcoin hedead to zero?
The former ceo of paypal Bill harris said that,bitcoin's value will continue to dwindle until it gets "eventually a whole lot closer to zero."and saying that there's just no value in bitcoin and "Bitcoin makes no revenue, no profitability."
he also called the cryptocurrency is a
"colossal pump-and-dump scheme, the likes of which the world has never seen."
I think this is non-sense, what about you?

Source: cnbc

No I don't think bitcoin is useless. I still believe that the underlying technology is revolutionary, and there are several use cases where crypto tokens may prove to be useful. The future of bitcoin is impossible to predict as the underlying technology is still at an immature stage and there are continuous efforts to fix some of the fundamental issues regarding scalability and energy consumption. The one who said bitcoin is useless doesn't see the real essence of bitcoin in the society he is too negative maybe beacuse of the market condition now. Bitcoin is unpredictable and it is far from being useless.

[cezariya]

Bitcoin will never be zero. You have seen it going to $20000 in such short time, it will be worth a million per coin one day.

[siddu1]

Bircoin nomber one cryptocurrency, and it's  future  is very  great. Many peoples here  they  make their great  future.
And now bitcoin market slow down,  and some month later it will grow up.
so in this matter, Bitcoin is not useless .

[leonarda]

First of all the title is misleading. Even if it drops to zero, does not mean it is useless.