Doubts about bitcoin these days...

[davidgdg]

This should make you feel better:

https://bitcointalk.org/index.php?topic=511018.0

 

And I think that is a huge problem. Gauging  bitcoin on how many wallets are opened on blockchain is the worst. Those wallets are all there just ready for someone to steal them. Anyone with an email address/computer can create a wallet on blockchain. They can create 10 wallets per day if they wanted to. And they could be 10 years old. That really doesn't mean anything.

1. Over 90% of these wallets have been created in the last 12 months
2. Why would anybody bother to create 10 blockchain wallets? Each blockchain wallet allows for multiple addresses so multiple wallets serve no purpose.
3. Hacking a blockchain wallet with 2FA is almost impossible.
3. If you can think of a better measure of  btc adoption, do say .....

[opentoe]

This should make you feel better:

https://bitcointalk.org/index.php?topic=511018.0

 

And I think that is a huge problem. Gauging  bitcoin on how many wallets are opened on blockchain is the worst. Those wallets are all there just ready for someone to steal them. Anyone with an email address/computer can create a wallet on blockchain. They can create 10 wallets per day if they wanted to. And they could be 10 years old. That really doesn't mean anything.

1. Over 90% of these wallets have been created in the last 12 months
2. Why would anybody bother to create 10 blockchain wallets? Each blockchain wallet allows for multiple addresses so multiple wallets serve no purpose.
3. Hacking a blockchain wallet with 2FA is almost impossible.
3. If you can think of a better measure of  btc adoption, do say .....

Creating hundreds of blockchain wallets to make it look like bitcoin users are signing up everyday. Using that tactic on impressionable people like yourself solidifies my thinking. Now you think bitcoin is more popular because lots of wallets have been created when it all could of been someone with a fancy script creating wallets to pump up the market. People have their purposes. Maybe it is a CEO of another exchange getting ready to steal everyone's bitcoin and he needs to spread all that bitcoin over a large amount of wallets.

[SeaofBTC]

OP: registered april 2012. still doesn't know how computer security or bitcoin works.

Anyone that leaves a bitcoin tip jar in their signature is gay and under the age of 22.

You're are kids, playing on the computer "thinking" you know what you are doing.

They might be under 22, but your maturity is showing.

[Ibian]

This should make you feel better:

https://bitcointalk.org/index.php?topic=511018.0

 

And I think that is a huge problem. Gauging  bitcoin on how many wallets are opened on blockchain is the worst. Those wallets are all there just ready for someone to steal them. Anyone with an email address/computer can create a wallet on blockchain. They can create 10 wallets per day if they wanted to. And they could be 10 years old. That really doesn't mean anything.

1. Over 90% of these wallets have been created in the last 12 months
2. Why would anybody bother to create 10 blockchain wallets? Each blockchain wallet allows for multiple addresses so multiple wallets serve no purpose.
3. Hacking a blockchain wallet with 2FA is almost impossible.
3. If you can think of a better measure of  btc adoption, do say .....

Creating hundreds of blockchain wallets to make it look like bitcoin users are signing up everyday. Using that tactic on impressionable people like yourself solidifies my thinking. Now you think bitcoin is more popular because lots of wallets have been created when it all could of been someone with a fancy script creating wallets to pump up the market. People have their purposes. Maybe it is a CEO of another exchange getting ready to steal everyone's bitcoin and he needs to spread all that bitcoin over a large amount of wallets.

Maybe it's new people entering the market.

[aminorex]

Creating hundreds of blockchain wallets to make it look like bitcoin users are signing up everyday. Using that tactic on impressionable people like yourself solidifies my thinking. Now you think bitcoin is more popular because lots of wallets have been created when it all could of been someone with a fancy script creating wallets to pump up the market. People have their purposes. Maybe it is a CEO of another exchange getting ready to steal everyone's bitcoin and he needs to spread all that bitcoin over a large amount of wallets.

The number of active addresses is increasing at its highest rate ever.  Active meaning, addresses sending coins to other addresses in the past 24 hours.  Adoption is increasing, no matter what you may claim could hypothetically be happening.  Face it, you had your chance at 400 USD coins, and you didn't go all in.  Live with it.  Move on.

[C. Bergmann]

stay calm. bitcoin is a not just a technology. its no new iphone or a new social network or a security. its a revolution, it opposes hard structures of society.

and bitcoin just works fine as a currency, altcoins have become rich, and society is about to learn it. veeery slowly. strong wood to digg.

every person in my peers, about thierty and academics, dont even know bitcoin exist till i tell them, even the liberrarians. many are interested, no one buys, i dont persuade them ... politicians and businessmen and consumers dont know nothing about bitcoin at the moment.

you can buy book about every poops of existing thing, and not a single one about bitcoins. but the media is electrizised, cause bitcoin is exciting. science is also fascinated, cause bitcoin is complicated, business is interested cause bitcoin is money ... and so on


last year they had to realize, bitcoin exists and is no joke.
now they start to realize, how bitcoin works and what its good for

[bgmc]

The primary thing that would make it fail is if the majority of bitcoin holders stop believing in it. Until then, bitcoin will continue to rise.

[kino]

To quote:

"Buy when there's blood in the streets, even if the blood is your own."

This is contrarian investing at its heart - the strongly-held belief that the worse things seem in the market, the better the opportunities are for profit.
...as Warren Buffett warned, "You pay a very high price in the stock market for a cheery consensus." In other words, if everyone agrees with your investment decision, then it's probably not a good one.

[sidhujag]

The primary thing that would make it fail is if the majority of bitcoin holders stop believing in it. Until then, bitcoin will continue to rise.

Volume tells u all u need