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Author Topic: BITCOIN is useless!?  (Read 3793 times)
Zalaster
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August 16, 2018, 10:23:50 AM
 #141

I constantly hear negative statements about bitcoin, but who are these people who say this? I think they are looking for fame, nothing more. No one, I repeat, no one can give a 100% forecast of market behavior, so this news is not worthy of attention.
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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August 16, 2018, 10:56:23 AM
 #142

you absolutly wrong.We must have an understanding that Bitcoin is a future, give information about cryptocurrency to many people and that will help increase the volume of transactions on the Bitcoin market. Increases and decreases will always occur at any time, therefore we must be able to take advantage of every time. Pay attention to the price of Bitcoin and we can use it as best as possible. The more people who use Bitcoin, the better it will be for the development of Bitcoin.
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August 16, 2018, 11:04:11 AM
 #143

Surely for those haters it is useless because they do not have bitcoin and they are not being bless with blessing through bitcoin, for me bitcoin is always saving my life in the fact that when I do not have enough money I check on my digital wallet, trade for some satoshis that I have earned for the bounty campaigns I joined and buy the needs of my family, for that simple things that have done it will never be useless, its a blessing indeed.

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August 16, 2018, 11:07:11 AM
 #144

You have to question why the 1% have no faith in bitcoin. Is it because that it is a threat to the fiat that makes up their wealth.

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August 16, 2018, 11:15:12 AM
 #145

According to a financial analyst firm, what bitcoin faces right now may be more serious than a short-term race. This dominant electronic coin may face a crisis, with its main support being the buffer between it and the more significant losses. Renaissance Macro Research said that if it breaks down, Bitcoin will be permanently weakened.
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August 16, 2018, 11:22:15 AM
 #146

According to a financial analyst firm, what bitcoin faces right now may be more serious than a short-term race. This dominant electronic coin may face a crisis, with its main support being the buffer between it and the more significant losses. Renaissance Macro Research said that if it breaks down, Bitcoin will be permanently weakened.

I think no one can tell us an accurate details or happenings soon that will tell how and when bitcoin will fall hard, because there are still many investors that keeps buying and supporting bitcoin.

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August 16, 2018, 11:27:47 AM
 #147

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

Bitcoin is not useless. Having able to generate income without physical and mebtal work,  bitcoin is not useless at all.  Bitcoin has received many prajmises before and now it may have been facing a phase of difficulty but it does not mean that it is useless.

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Ar Rahman
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August 16, 2018, 11:31:08 AM
 #148

maybe it's just bad prejudice that always haunts your mind, but that doesn't happen at the moment, bitcoin still has value, even though the price is far down, but bitcoin can still be used as a transaction or investment tool, don't you see it all this time bitcoin has helped a lot people who have been involved in it, they can earn extra income from bitcoin, some are even rich in bitcoin, so the point is that bitcoin can still be used today.
alexsandre
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August 16, 2018, 11:34:37 AM
 #149

Bitcoin is useful in some situations, for example to buy bitcoin to wait a while and when it rises in price then it can be sold,
GlobeTrott
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August 16, 2018, 11:44:56 AM
 #150

I understand the logic behind his argument in saying it's "useless", in that Bitcoin doesn't follow the laws of economics. It's currently a system that is being fed based on speculation of "it growing", while not producing anything to help sustain it's growth. In that perspective, yes, it could be perceived as "useless".

Once Bitcoin has a level of utility similar to that of cash, to where it becomes more than an investment vehicle, then I think that's when it makes sense to even the most traditional of investors.
Jericka D Ranillo
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August 16, 2018, 12:08:31 PM
 #151

How could someone tell this thimg just because of 1 person says it. Your still a newbie in crypto so better to learn first by yourself and dont judge bitcoin. This world is existing since 2009 if im not mistaken. Until now the volume is increasing. The new users are coming and coming.btc is becoming wider and wider.

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August 16, 2018, 12:13:41 PM
 #152

No for me it is not true because if bitcoin is useless then why are people still using it.
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August 16, 2018, 12:14:38 PM
 #153

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 dont believe bitcoin is useless because i get benifits of bitcoin i gained money because of bitcoin bitcoin change my life i help my family because of bitcoin the people think that bitcoin is useless they are not interested in bitcoin they dont know how to bitcoin for me bitcoin is wonderful i dont believe that it is usefull.
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August 16, 2018, 12:23:18 PM
 #154

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 don't think bitcoin price will down to zero.This is very impossible to happen because there are lot of bitcoin users and holders out there who supported bitcoin.The price will fall but it will never goes to zero.

Benjamin353White
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August 16, 2018, 12:25:08 PM
 #155

Anyone can understand the value Bitcoin brings, it is quite high that blurs the eyes of investors. I do not think Bitcoin is useless in the digital age, the information technology today.
fireman2001
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August 16, 2018, 12:28:37 PM
 #156

Well, I think that Bitcoin (BTC) is not useless. I know that the price is fluctuating but it will definitely increase. The price will not utterly go down to zero because a lot of people have invested in it. Though the value of BTC (Bitcoin) may fall, but it will still grow!
hardip567
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August 16, 2018, 12:31:18 PM
 #157

When it comes to thinking about investing, do not think like this, it is important to invest only in thinking about hold, which can be of great benefit.
masterflexy01
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August 16, 2018, 12:34:22 PM
 #158

i disagree totally with this, the market volatility might not be the way we want. price might be down. i solemly believe its definitely going to rise. which is going to make crypto currency meaningful.
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August 16, 2018, 12:35:40 PM
 #159

I personally adhere to this opinion, you can not trust information from open sources, especially from the media. The purpose of these interviews is to draw public attention with a specific purpose, for example, to increase the mistrust of BTC. With the same ease in half a year, the same person will say that did not say anything.

player1001101001
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August 16, 2018, 12:37:14 PM
 #160

Well, I think that Bitcoin (BTC) is not useless. I know that the price is fluctuating but it will definitely increase. The price will not utterly go down to zero because a lot of people have invested in it. Though the value of BTC (Bitcoin) may fall, but it will still grow!
Yes, I completely agree with your opinion on this project. Bitcoin is not useless instead it is a most useful thing right now. Because of its current price, you think it is useless, but bitcoin is volatile, that's why its price consistently changing. Right now the price of bitcoin is low but it will definitely increase after some period of time.

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