BITCOIN is useless!?

[Yantoaja]

does that mean bitcoin will die? many assume like that but I personally believe that bitcoin will continue to grow and the system can be adopted by countries to create greater crypto poplation.
We crypto people in this forum are people who build positive values from crypto and become the pioneers of crypto development.

[kniheant]

i think 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.

[dgreat]

  



i laugh when people say things they know nothing about. most times they say such out of ignorance and even make hate speech in most cases. i have come to reallise that people who do things of such nature says them out of frustration . maybe they might have want to compete but could not make and meet up so the best alternative is to make hate speech as such criticising what they couldnt succeed in beating or being better than. in the case of  bitcoin, any 0ne who says that is just a frustrated dumb whom has been hating for a long time and couldnt beat or meet up with the trend so he or she resort to making such comment but you know what, BITCOIN  has taken over no matter what is going on now, it would rise back with a high margin taking the lead always.
this is just my opinion.

[carolynmino]

I do not think bitcoin has a lot of it, it's a lot of use and I did not feel right to say this truth.

[Sadlife]

He says that will be unable to profit in bitcoin but he also said that it is a collosal pump and dump scheme but little do he know that pump and dump scheme's is the source why we are able to profit. And given a chance to reinvest and buy cheaper coins in the market. He should do his research first before making stupid statements.

[iotarocket]

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

Anyone who says bitcoin is headed to zero is a fool. It is impossible for bitcoin to head to zero as its brand name is arguably worth a significant amount alone. Besides, the NYSE and other major financial institutions are beginning to embrace cryptocurrencies. There will always be a novelty factor to bitcoin as the first cryptocurrency.

[mornabo]

People saying this that bitcoin is useless, have never experienced the benefits brought by bitcoin. It is just another fake or bad news to make the people panic and tend to leave cryptocurrency. We should have one mission which is to become bitcoin a legally accepted worldwide digital currency as an alternative money for our fiat money because this makes our transaction faster and easier from money transfers, paying bills, buying goods and any other transactions electronically.

Yeah only people who don't use and hate bitcoin say that bitcoin is useless, because they never use it, millions of people have
proven that bitcoin is not only a profitable commodity but also useful for currency and payment methods

[skilfan]

This seems to be another pointless FUD against BTC. Just avoid these fake news and focus on your holdings.

[raipour]

There is no way that such a big market cap will collapse all of sudden. I expect bitcoin to keep growing.

[hisuka]

There is no way that such a big market cap will collapse all of sudden. I expect bitcoin to keep growing.

It will not become zero value since many users still in bitcoin. Even other people expects to go down further the value it will not headed to zero. I think price of bitcoin will slowly recover because people will continue to use it.

[Walter_Potts]

well this is a very bold statement, because many people have made a lot of money using bitcoin. of course bitcoin is very controversial at the moment because it is still fairly new and peoples emotions are the main reason why it continuously fluctuates because people get hyped by the dream of making lots of money - and start buying when they dont really understand the nature of bitcoin and then panic and start selling as soon as the road gets bumpy - this leads to these high and lows in bitcoins performance.

[mimiko]

I don’t think so. The value of bitcoin will never be determined by the likes of them. They never been into cryptocurrency for sure that they are scaring investors out of this world. i laugh when people say things they know nothing about.

[microwave]

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

We are atill evaluating the movement of bitcoin remember almost 8 months was still remain 6 to 8k usd. So as of now we can not predict the exàct prediction of bitcoin price. But not totally become zero thats exaggerated. Over estimate

[Ekanenf]

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

Expect that there are people who would contradict with the will of cryptocurrencies, they can't help but to doubt it because it is too good to be true for them, and that is what you called "FUD"(Fear Uncertainty and Doubt) which is the biggest enemy of bitcoin going to the moon, therefore there is no reason for us to conclude or even think that bitcoin is going back to zero just because of its situation right now.

This is because of the volatility characteristic of bitcoin, I hope that makes sense.

[Naughty Princess]

People saying this that bitcoin is useless, have never experienced the benefits brought by bitcoin. It is just another fake or bad news to make the people panic and tend to leave cryptocurrency. We should have one mission which is to become bitcoin a legally accepted worldwide digital currency as an alternative money for our fiat money because this makes our transaction faster and easier from money transfers, paying bills, buying goods and any other transactions electronically.

Bitcoin has seen to useless because people wanting to have good profit instant after investing. There are many functions of bitcoin that benefit us and helpful for us to change life. Bitcoin is useful when we learn how to handle with the market. People when do not see improvement on something thinks easily for be useless when do not get what they actually want and throw away the chance.

[dear53]

My opinion is, there is no possibility to Bitcoin price is going to be zero. In the recent situation it is impossible to thinking without Bitcoin. Most of the online site use Bitcoin for paying there payment. Millions of people now use Bitcoin and they have a lots of invest on it. Now Bitcoin Prize is very low, but it will always be that same this is not true. Bitcoin is a bad time now and at this opportunity the slanderers will talk a lot, it is normal but it's never that we have to believe it. The condition of current market must be very bad it is 100% true but there is nothing to lose faith from Bitcoin. We all know that Bitcoin has changed a lot of peoples life. So we have must believe in Bitcoin and of course we are successful from it. Just Be patient.....

[samekto198]

it's just a prediction, and predictions aren't always right. everyone has their own predictions. in the future people can only guess. if told to say exactly when btc will be 0 I think that person won't be able to say it.

[AlexanderCoconut]

i was only invested what i could afford to lose and of what i invested, i lost 60% of that which is the main reason i hate bitcoin!

Well bud, sorry to tell you, but... You don't really hate bitcoin, you hate yourself. You only blame bitcoin for your own failure/bad judgment.

[LilPancakes2]

i was only invested what i could afford to lose and of what i invested, i lost 60% of that which is the main reason i hate bitcoin!

This ^ Nailed it. And not just this whining, negative, poor me pessimist, but you sum up pretty much all the people taking the time to come on to a forum designed to share useful information...just to hate on the subject of said forum.

[klavyemaus52]

Yes i think like that bitcoin is useless with altcoins but without altcoins bitcoin is mother and all altcoins moving with bitcoin