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Author Topic: Why is BTC dead  (Read 1149 times)
Moris1987 (OP)
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November 26, 2018, 09:18:11 PM
 #1

Simple explanation. There were few on the top, earned a lot of money, the rest were just losing it. The problem is, there will be no new investments. This is not stock market aka Tesla, FB...BTC do not produce any usability to anyone. It is just mere speculation.

Not to mention all the scams related to blockchain coins. From Tezos to Bankera and Centra, and we are talking about milions.

Btc will be replaced with coins like TUSD.


As I said, few gained fortune the majority lost most of the investment. I lost 10k eur. Not to kill myself but still a lot for an average Joe.

Micerker
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November 26, 2018, 09:22:36 PM
 #2

Simple explanation. There were few on the top, earned a lot of money, the rest are just losing it. The problem is, there will be no new investments. This is not stock market aka Tesla, FB...BTC do not produce any usability to anyone. It is just mere speculation.

Btc will be replaced with coins like TUSD.

As I said, few gained fortune the majority lost most of the investment. I lost 10k eur. Not to kill myself but still a lot for an average Joe.
Do you believe that Blockchain technology will no longer use? You speculate the worst things can happen because of the current market is pouring?
Do not ask such damn questions because everyone on this board believes Bitcoin cannot destroy.

Moris1987 (OP)
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November 26, 2018, 09:25:27 PM
 #3

Simple explanation. There were few on the top, earned a lot of money, the rest are just losing it. The problem is, there will be no new investments. This is not stock market aka Tesla, FB...BTC do not produce any usability to anyone. It is just mere speculation.

Btc will be replaced with coins like TUSD.

As I said, few gained fortune the majority lost most of the investment. I lost 10k eur. Not to kill myself but still a lot for an average Joe.
Do you believe that Blockchain technology will no longer use? You speculate the worst things can happen because of the current market is pouring?
Do not ask such damn questions because everyone on this board believes Bitcoin cannot destroy.

Blockchain will be use but not BTC. Read carefully!

The governments will made their own currencies or coins like TUSD, USDcoin DAI will be used. GAME OVER guys.

Lets vote which shitcoin will be slashed first  by/1000

Cryptoshops
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November 26, 2018, 09:26:53 PM
 #4

Blockchain technology will outlast Bitcoin because other industries are allready using it,  but they are not using Bitcoins or other cryptocoins.
 
Kez1817
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November 26, 2018, 09:39:40 PM
 #5

Simple explanation. There were few on the top, earned a lot of money, the rest were just losing it. The problem is, there will be no new investments. This is not stock market aka Tesla, FB...BTC do not produce any usability to anyone. It is just mere speculation.

Not to mention all the scams related to blockchain coins. From Tezos to Bankera and Centra, and we are talking about milions.

Btc will be replaced with coins like TUSD.


As I said, few gained fortune the majority lost most of the investment. I lost 10k eur. Not to kill myself but still a lot for an average Joe.



   Well,everything may change and the popularity will be gone but in bitcoin now it is still worth to invest. Why they said bitcoin is dead? There are still demand and supply in bitcoin market and price still high then bitcoin is still alive and trying to do something in crypto market. This is not the right that other coins will replace bitcoin. Btc is still the king of all crypto.

smartbitcoininvestor
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November 26, 2018, 09:41:19 PM
 #6

Bitcoin will be Bitcoin. I don't think it will replace cash, or existing forms of money, however I think the blockchain will eventually enable more money-like applications that governments will use.
seoincorporation
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November 26, 2018, 09:42:31 PM
 #7

Simple explanation. There were few on the top, earned a lot of money, the rest were just losing it. The problem is, there will be no new investments. This is not stock market aka Tesla, FB...BTC do not produce any usability to anyone. It is just mere speculation.

Not to mention all the scams related to blockchain coins. From Tezos to Bankera and Centra, and we are talking about milions.

Btc will be replaced with coins like TUSD.


As I said, few gained fortune the majority lost most of the investment. I lost 10k eur. Not to kill myself but still a lot for an average Joe.



Nice theory, but i'm not agreed about the new investors. At end people see this as a new opportunity to join with low prices. As you say, is a game where not all can win, but for those who join now and wait until it hit $20k again, will be a nice game, the only problem is, how long it will take?

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M4NDELL
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November 26, 2018, 09:47:44 PM
 #8

If we say that BTS is speculation, then the same can be said about all other coins. Suppose bitcoin is defeated, what happens to the rest of the coins? They will also come under attack, and not because they depend on Bitcoin, but because the cryptocurrency will lose confidence in the whole.
Moris1987 (OP)
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November 26, 2018, 09:47:56 PM
 #9

Simple explanation. There were few on the top, earned a lot of money, the rest were just losing it. The problem is, there will be no new investments. This is not stock market aka Tesla, FB...BTC do not produce any usability to anyone. It is just mere speculation.

Not to mention all the scams related to blockchain coins. From Tezos to Bankera and Centra, and we are talking about milions.

Btc will be replaced with coins like TUSD.


As I said, few gained fortune the majority lost most of the investment. I lost 10k eur. Not to kill myself but still a lot for an average Joe.



Nice theory, but i'm not agreed about the new investors. At end people see this as a new opportunity to join with low prices. As you say, is a game where not all can win, but for those who join now and wait until it hit $20k again, will be a nice game, the only problem is, how long it will take?

Sure, but why not to buy lottery ticket? It might come to 20k or to 0. If no one wants to have them they will be worth exactly 0.

Moris1987 (OP)
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November 26, 2018, 09:50:45 PM
 #10

If we say that BTS is speculation, then the same can be said about all other coins. Suppose bitcoin is defeated, what happens to the rest of the coins? They will also come under attack, and not because they depend on Bitcoin, but because the cryptocurrency will lose confidence in the whole.

Read carefully again.

There will be stable coins which will replace those speculative scam coins like Tether-printer, 2000 shitc...and the king BTC.

USDT, USDcoin DAI will be alternatives. And they are climbing up on CMC.
AlexGryb1998
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November 26, 2018, 09:52:16 PM
 #11

I believe in blockchain and hope that rise will be soon!
Moris1987 (OP)
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November 26, 2018, 09:53:05 PM
 #12

I believe in blockchain and hope that rise will be soon!

Blockchain yes, BTC is DEAD Grin
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November 26, 2018, 09:58:46 PM
 #13

If we say that BTS is speculation, then the same can be said about all other coins. Suppose bitcoin is defeated, what happens to the rest of the coins? They will also come under attack, and not because they depend on Bitcoin, but because the cryptocurrency will lose confidence in the whole.

Read carefully again.

There will be stable coins which will replace those speculative scam coins like Tether-printer, 2000 shitc...and the king BTC.

USDT, USDcoin DAI will be alternatives. And they are climbing up on CMC.

I dont think that ,  centralized coins will get success, as they are just like using fiat currency . then the difference between cryptocurreny and fiat currency will go away. cryptocurrency created to kill the central system and decentralized system to go in.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     

abojamal
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November 26, 2018, 09:59:15 PM
 #14

Simple explanation. There were few on the top, earned a lot of money, the rest were just losing it. The problem is, there will be no new investments. This is not stock market aka Tesla, FB...BTC do not produce any usability to anyone. It is just mere speculation.

Not to mention all the scams related to blockchain coins. From Tezos to Bankera and Centra, and we are talking about milions.

Btc will be replaced with coins like TUSD.


As I said, few gained fortune the majority lost most of the investment. I lost 10k eur. Not to kill myself but still a lot for an average Joe.



You seem to be very pessimistic because of your bitter condition
The best for you and those frustrated, is to stay away from the market news for several months
Btc is still at the beginning as I am see and many here
At least let us dream.

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November 26, 2018, 09:59:22 PM
 #15

It will not be of any use to you because it is not a company... many people are totally deviating from the purpose of bitcoin, it was never designed to be a store value, it was simply created to allow transactions that do not need to go through an intermediary, with low fees and anonymity, objectives that have already been achieved.
Moris1987 (OP)
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November 26, 2018, 10:03:44 PM
 #16

If we say that BTS is speculation, then the same can be said about all other coins. Suppose bitcoin is defeated, what happens to the rest of the coins? They will also come under attack, and not because they depend on Bitcoin, but because the cryptocurrency will lose confidence in the whole.

Read carefully again.

There will be stable coins which will replace those speculative scam coins like Tether-printer, 2000 shitc...and the king BTC.

USDT, USDcoin DAI will be alternatives. And they are climbing up on CMC.

I dont think that ,  centralized coins will get success, as they are just like using fiat currency . then the difference between cryptocurreny and fiat currency will go away. cryptocurrency created to kill the central system and decentralized system to go in.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     

So what is the difference paying via PAYPAL? Transactions are instantly transfered, I get warranty from PP?

What idiot does believe in stories like transactions since we have credit cards...
M4NDELL
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November 26, 2018, 10:05:24 PM
 #17

If we say that BTS is speculation, then the same can be said about all other coins. Suppose bitcoin is defeated, what happens to the rest of the coins? They will also come under attack, and not because they depend on Bitcoin, but because the cryptocurrency will lose confidence in the whole.

Read carefully again.

There will be stable coins which will replace those speculative scam coins like Tether-printer, 2000 shitc...and the king BTC.

USDT, USDcoin DAI will be alternatives. And they are climbing up on CMC.
I am not at all sure of these coins, there are no guarantees that they will develop steadily and will replace those that leave the market, including Bitcoin. In addition, if I lose money on Bitcoin or Ethereum, then I am not sure that I want to continue working in this market.
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November 26, 2018, 10:19:46 PM
 #18

It"s really hard to accept that bearish market bas dominated the crypto market wherein some investors could have been very desperate due to the fall of btc. In my own opinion, this dip is just temporary and I am still hoping that btc market will recover in due time. It's not the end of btc yet as there is still a big possibility of market growth.

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November 26, 2018, 10:20:14 PM
 #19

TUSD will not replace BTC as it is still backed by USD which has an inherent risk of reducing in value so it will NOT replace BTC as an alternative store of value.
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November 26, 2018, 10:23:12 PM
 #20

Today many people will think twice about investing in bitcoin and other altcoins, The price of each asset is dropping very drastically and that makes many investors afraid of investment.
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