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Author Topic: BITCOIN is useless!?  (Read 1758 times)
samputin
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September 06, 2018, 06:47:52 AM
 #501

The value of bitcoin drops to zero, it doesn't make sense because bitcoin is the most popular, and because of that I'm sure bitcoin can survive and increase even higher. Bitcoin is very useful as a good source of income.
I more than wish bitcoin to be used as a payment system rather than as a source of income. If bitcoin is made more popular as a source of income, fewer people will use bitcoin, all of us know the characteristics of bitcoin prices are very volatile, so many people will avoid using it. However, if bitcoin is more popular as a payment system, many people will use it. In the concept of bitcoin is very simple and easy to use as a payment system so if many people use bitcoin as a payment system, it is certain that anyone who has not used it will be advised to use it.

Well your point is quite good, if it can be used as payment it will be more popular and also a lot of people will do transaction in bitcoin. Even the old ones can use it because we know that if a store or any of purchasing system that requires bitcoin as a payment system we have no choice but to learn how to make it.

But it is not the end sooner or later it can be possible, for now lets just stay calm and endorsed/introduced bitcoin to other people who are looking for investment so that the value may increased if a lot of investors came in. It helps a lot of people especially those students that are short in financial to supply what he/she needs for his/her studies. It will never be useless as long as it helps other people/ investor to gain money.

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enwi
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September 06, 2018, 07:27:36 AM
 #502

I don't think so, even though bitcoin prices have now dropped again but bitcoin has technology that will continue to grow and many people still believe and invest in bitcoin so that the price of bitcoin will definitely recover again and will be profitable again

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September 06, 2018, 07:19:32 PM
 #503

It's impossible and unreasonable bitcoin will fall to zero. Many people believe in bitcoin and make bitcoin an asset, and I think that can make bitcoin survive and will likely increase gradually, because bitcoin has many uses.

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September 07, 2018, 10:36:09 AM
 #504

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 price decrease has stopped at the moment but still there are some say that Bitcoin is useless and they have true facts because in oder for BItcoin  to become the global currency in the world it should be used by majority of people not just for buying and selling but to use it has a means of payment for essential occasions  and it should be accessible to everyone though many sources and I mean not only from exchanges but from common places which might take several years to happen but the main problem is many holders and investors are leaving Bitcoin in a higher rate due to it's uncertainty which is a real disadvantage for Bitcoin and only time can tell what will happen in the end   
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September 07, 2018, 03:32:12 PM
 #505

I don't think so, even though bitcoin prices have now dropped again but bitcoin has technology that will continue to grow and many people still believe and invest in bitcoin so that the price of bitcoin will definitely recover again and will be profitable again

Obviously, bitcoins price will always recover no matter how low it drops because people will still continue to invest and that is the reason why you should be investing today while the market price is currently low.

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September 07, 2018, 10:51:07 PM
 #506

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 because the market price can always grow even more and people are going to earn a huge amount of profit depending on when they invest.

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September 07, 2018, 10:53:03 PM
 #507

For me its not useless because my life changed a lot because of this I am not an educated person and its hard for me to find a right job but I found it through bitcoin and many others who are educated and none educated person especially to those who are interested of it can also take advantage of this 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.



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September 08, 2018, 10:06:50 PM
 #508

As a bitcoin user I find PayPal useless. Oh, and expensive, insecure, and slow to resolve.  Wink 

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September 12, 2018, 07:57:11 AM
 #509

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 doubt what they have mentioned is true because the facts they have mentioned are Bitcoin doesn't make any revenue or won't do anything productive at all for the sake of the world but if we look closer in to the Bitcoin market anyone cannot deny the number of jobs Bitcoin has created over the years because we see so many ICO projects that were started by many reputed companies and haven't they concern about those facts when mentioning such things about it so I think even Bitcoin haven't done to develop the business industry in the world to a considerable level but if we give some time it will show what kind of miracles it can do
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September 12, 2018, 08:29:29 AM
 #510

It's impossible and unreasonable bitcoin will fall to zero. Many people believe in bitcoin and make bitcoin an asset, and I think that can make bitcoin survive and will likely increase gradually, because bitcoin has many uses.
This is a statement can be written by those who do not understand what crypto is especially the Bitcoin which is the base of crypto world and has survived a lot in the market achieved the highest value among all the currencies in a very little time. It is high profitable source and make fast transactions or you can say friction -less transactions for us of low cost so how can we say that it is useless.

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September 15, 2018, 06:23:01 AM
 #511

As a bitcoin user I find PayPal useless. Oh, and expensive, insecure, and slow to resolve.  Wink 
There is nothing useless which is of more popularity around the world is something which do not deserve such statements. You need to be very careful in saying something about useful things negatively so you will not get opposite replies. Bitcoin is a currency or coin which is best for investment while Paypal is a money transfer system which is public friendly as well.

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September 15, 2018, 07:39:27 AM
 #512

I think bitcoin is very useful for transactions in the world and can facilitate the world economy because when making transactions using bitcoin the shipping will be very fast and safe so making bitcoin is very useful for people who can use it.

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September 17, 2018, 05:08:10 PM
 #513

I think he said that because bitcoin will be fierce competitor to paypal.
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