BitCent Exchange
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August 19, 2018, 04:14:22 PM |
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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 it is very unreasonable, but it is her right to judge something. as long as there is a krypto market and many people want to buy and own Bitcoin, the price of Bitcoin will not go to zero, because if you expect Bitcoin to zero, that means you have to make everyone think Bitcoin is rubbish, and I think it will never happen. Agreed.
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ritiktakyan01
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August 19, 2018, 04:14:54 PM |
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No. I think bitcoin can never be useless because bitcoin is a digital coin. Bitcoin are providing a good opportunity for earning.
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P60
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August 19, 2018, 04:17:51 PM |
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No. I think bitcoin can never be useless because bitcoin is a digital coin. Bitcoin are providing a good opportunity for earning.
Yes, bitcoin cannot be considered as useless coin. Bitcoin is one of the cryptocurrencies that is worth having, its price is still profitable even though the market is red.
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Dianafangki
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August 19, 2018, 04:18:14 PM |
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if the government specializes in bitcoin only in the crypto market, then there will be no competition with conversion rates that continue to be refined, the government only needs to implement a strong policy for each exchange market, In-depth analysis for bank accounts that carry crypto transactions is important so that there is an accurate between the interests of fiat and crypto.
Bitcoin is very large used in online business, the government also does not turn a blind eye to it.
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Hasbro27
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August 19, 2018, 04:21:40 PM |
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there are many people who say bitcoin is useless, and there are many more negative words about bitcoin, but until now bitcoin still has value even though the price continues to decline, maybe people who attack bitcoin because they feel their business is threatened with bitcoin, I'm sure bitcoin will survive and the price will rise again
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TahuDiniHari
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August 19, 2018, 04:47:17 PM |
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I think everyone has the right to make an opinion about bitcoin, if the market plays an important role, I think bitcoin is still worth it and it doesn't touch zero!
but if the 'popes' play, I think there is a gradual killing of btc values. hope that doesn't happen!
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Mia_pikachu
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August 19, 2018, 05:08:55 PM |
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if I have never thought that bitcoin will continue to lower its price to zero, many are out there shouting that bitcoin will perish, but it's not that easy, and I have the belief that bitcoin will soar and raise the price again, even though I don't know when it will happen.
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mojo2208
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August 19, 2018, 05:09:55 PM |
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a product that costs so much money can not be useless. In many countries it is possible to perform many operations with bitcoin, it is convenient
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pao25
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August 19, 2018, 05:17:40 PM |
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btc far enough to be zero. at least new. an end can not be so calm. I believe that I will have more active days. need more to be useless.
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South Park
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August 19, 2018, 05:31:03 PM |
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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
Of course he has to say something like that, he is the former CEO of paypal a business model that is going to be completely destroyed by bitcoin in the next decade if things keep going in this direction, it is like the CEO of western union said that bitcoin was a scam, are you going to believe someone that has interests in bitcoin not succeeding to keep their business open?
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jcmansah7
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August 19, 2018, 05:37:34 PM |
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Well i also don't see any fact in all his claims and accusations but sure he has the free will to share his opinion about bitcoin. This is what i know that in as much as bitcoin reduces from time to time it still bounces back so what's his problem anyway. Is either he invests and gain as we are doing lol or just sit tight and invest somewhere else.
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Ollie1
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August 19, 2018, 05:42:43 PM |
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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
Well, nobody can predict how the market fluctuates so who are they to make assumptions based on nothing? They do not have an idea on how the market flows and so are we. It is far from over and it continue to grow as long as there are people investing and believing in cryptocurrencies.
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Ains_sama
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August 19, 2018, 05:51:49 PM |
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it was just his concern, maybe most paypal users switched to Bitcoin, so he was worried. bitcoin will indeed go down and always experience pumps and dumps, but it won't be worth zero (0), because many people like Bitcoin technology and are very easy to use. without regulations for transactions.
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munify
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August 19, 2018, 05:53:12 PM |
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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
You are free to express what you think. But I think it's just a thought because of the panic that happened because of the collapse of the market. I am sure that bitcoin will survive and in the future it will be able to have a better price.
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BryanRoseWalker
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August 19, 2018, 06:14:26 PM |
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if I have never thought that bitcoin will continue to lower its price to zero, many are out there shouting that bitcoin will perish, but it's not that easy, and I have the belief that bitcoin will soar and raise the price again, even though I don't know when it will happen.
but that does not make bitcoin disappear in terms of usefulness, this is a complicated thing and at least there must be an equivalent substitute in the digital world if anyone wants to replace it. Price is not a proportional benchmark for considering bitcoin will be lost, but the depth of volume and usefulness that makes bitcoin will remain at any time.
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mr.bean865
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August 19, 2018, 06:19:29 PM |
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Well its useful or useless depends upon whether you get profit from it or loss from it. In my case i got a hell of loss and almost lost my all revenues in exchanging and buying and when I had thought to hold, prices went down and down and now I have nothing in hand.
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zarintasnim
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August 19, 2018, 06:20:56 PM |
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I am not agree with this that bitcoin is useless. Bitcoin is asset. Bitcoin will never end and its value will never zero. Bitcoin is world first cryptocurrency and it price is very good. At present quiet low bitcoin price. But it is not right picture of bitcoin.
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Varun Kanwar
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August 19, 2018, 07:53:49 PM |
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No, bitcoin is not useless. Yeah its correct that only few people use bitcoin but that will change once mass adoption happens. Still crypto world is in infant stage and new developments are happening daily. So just give it some time and you will see that it can solve many purposes.
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jerrison
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August 19, 2018, 08:02:52 PM |
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the whole idea of bitcoin and the blockchain technology and the solution it proffers to the entire public can not be thrown away to the gutters just because someone's opinion of bitcoin states that it is not in use.
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Ezenwanyi
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August 19, 2018, 08:05:19 PM |
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I do not agree with the assertion that bitcoin is useless. Bitcoin is the premise upon which other cryptocurrencies are being created. bitcoin is tge "father" of all other digital assets and the most popular. Bitcoin is on its way to being widely adopted as a medium of exchange in the nearest future. So its not useless.
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