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Author Topic: Is Bitcoin Over?  (Read 27749 times)
Faxmate
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January 25, 2020, 04:45:25 PM
 #581

if bitcoin ends then the world will be unstable! bitcoin will replace gold, so there's no way bitcoin will end, it's still too early to ask that, believe in yourself and believe that bitcoin will be better
Bitcoin replace so many other investments not only gold because I never saw any attractive offer for investing my money since I saw bitcoin in market so according to me its not possible to over for bitcoin. In market yet only one investment has good name that's only bitcoin then talking about its replacements or getting over is like a joke for sure.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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January 25, 2020, 05:06:14 PM
 #582

Bitcoin replace so many other investments not only gold because I never saw any attractive offer for investing my money since I saw bitcoin in market so according to me its not possible to over for bitcoin. In market yet only one investment has good name that's only bitcoin then talking about its replacements or getting over is like a joke for sure.
why joke? Bitcoin is one of the best investment instruments besides gold for the past 10 years, I'm sure in 10-50 years bitcoin will be better, so it's not wrong for you to invest in bitcoin

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January 25, 2020, 06:25:08 PM
 #583

To kickstart crypto 2019 I decided to make a Bitcoin mini documentary: https://youtu.be/WgxD5DmS6z8

Things I talked about:

1. Bitcoin's intrinsic value
2. How it could help underdeveloped countries
3. How it could help developed countries
4. Censorship

Now I wanna ask your opinions on my main point which is:

"Bitcoin's intrinsic value is the amalgamation of the platform, its users, and its development."

Now I know some other more famous crypto influencers have mentioned things like decentralization, cost of production, etc., but I think those things are a means to an end and not the endgoal themselves. Like decentralization is for the purpose of censorship resistance and fraud prevention.

So you I wanna know your opinions guys. Agree or disagree doesn't matter as long as you explain your point. https://youtu.be/WgxD5DmS6z8

This is a very useful film. Thanks. I think that bitcoin is a very modern and convenient currency, especially for underdeveloped countries. The only problem is the introduction of bitcoin to the masses, because many people are still afraid to get involved with it.
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January 25, 2020, 07:43:45 PM
 #584

Bitcoin is just starting to come out of a bear market.  It has spent the last 2 years recovering from a crash so it takes time.  It's just at the beginning of some big moves and should get to new all time highs within this year.

 
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January 25, 2020, 09:56:55 PM
 #585

Bitcoin is just starting to come out of a bear market.  It has spent the last 2 years recovering from a crash so it takes time.  It's just at the beginning of some big moves and should get to new all time highs within this year.
But now the price is falling again and the market is turning red again, will this be the bear market again? Indeed, it takes time for recovery and to reach the next ATH, but if the market continues to get a big correction, then I think we still have to wait longer and are not sure whether they will survive in this situation.

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January 26, 2020, 12:01:06 AM
 #586

In my opinion bitcoin is not over yet, and will last a long time. Remembering the demand for bitcoin is increasing every year. Although the
value of bitcoin has not yet been developed, because bitcoin has not functioned too effectively as a payment. But bitcoin can make someone's
life changes for the better, even some countries are proven to experience changes for the better financially. Because there is the role of bitcoin.
Indeed, bitcoin cannot help a person or a country directly, but if it can earn money from bitcoin then a person or country can change for the better.

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January 26, 2020, 01:32:35 AM
 #587

In my opinion bitcoin is not over yet, and will last a long time. Remembering the demand for bitcoin is increasing every year. Although the
value of bitcoin has not yet been developed, because bitcoin has not functioned too effectively as a payment. But bitcoin can make someone's
life changes for the better, even some countries are proven to experience changes for the better financially. Because there is the role of bitcoin.
Indeed, bitcoin cannot help a person or a country directly, but if it can earn money from bitcoin then a person or country can change for the better.

Bitcoin is a system mainly created to be a currency, but it doesn't have any intrinsic value, and it has a difficulty in terms of transaction rate and speed, but I could say, even if we encounter these difficulty, we are seeing bitcoin as gold, meaning to say that it might serve as a store of value and an investment at the same time. That is why altcoins was created, to supply the world with the lack of bitcoins. Thus, allowing us to interchangeably use bitcoin and altcoins at the same time.
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January 26, 2020, 09:09:47 AM
 #588

BTC will here to stay as no government can stop it.
Technically they can, in terms of usage and availability of Bitcoin. Look at China as they totally banned Bitcoin and other cryptocurrencies.

Let us assume the price never moves from here and just think what happens after two BTC halving say 4 or 5 years from now definitely it will push the price because of the less supply.
It's not an impact of halving if you look at 4 or 5 years later LOL. Look at halving on 2016, the price wasn't even moving at all after halving. Be real dude.

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January 26, 2020, 09:31:06 AM
 #589

if bitcoin ends then the world will be unstable! bitcoin will replace gold, so there's no way bitcoin will end, it's still too early to ask that, believe in yourself and believe that bitcoin will be better

What is the connection of the world and Bitcoin?

I don't see any strong connection of the world to Bitcoin. It will never unstable the world since the world can still run even if Bitcoin dies. I also think it would never replace gold since Bitcoin is decentralized and so volatile. Think about it, whales controlling the Bitcoin, just imagine what they can do if currencies is backed up by Bitcoin.
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January 26, 2020, 11:47:31 AM
 #590

if bitcoin ends then the world will be unstable! bitcoin will replace gold, so there's no way bitcoin will end, it's still too early to ask that, believe in yourself and believe that bitcoin will be better

What is the connection of the world and Bitcoin?

I don't see any strong connection of the world to Bitcoin. It will never unstable the world since the world can still run even if Bitcoin dies. I also think it would never replace gold since Bitcoin is decentralized and so volatile. Think about it, whales controlling the Bitcoin, just imagine what they can do if currencies is backed up by Bitcoin.

even the average of daily trading bitcoin is still very small in the world especially compared to gold. but if bitcoin dies maybe new things will emerge, maybe it's better than bitcoin, in terms of technology actually blockchain is more needed than bitcoin, so when bitcoin dies might not have a big effect on the world. bitcoin is quite good for alternatives. like the war between Iran with us, it was reported about the assets carried out by Iran using Bitcoin.

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January 26, 2020, 12:22:34 PM
 #591

if bitcoin ends then the world will be unstable! bitcoin will replace gold, so there's no way bitcoin will end, it's still too early to ask that, believe in yourself and believe that bitcoin will be better

What is the connection of the world and Bitcoin?

I don't see any strong connection of the world to Bitcoin. It will never unstable the world since the world can still run even if Bitcoin dies. I also think it would never replace gold since Bitcoin is decentralized and so volatile. Think about it, whales controlling the Bitcoin, just imagine what they can do if currencies is backed up by Bitcoin.

World is connected to bitcoin, I mean it is $150+ billions in there and crypto market cap is bigger than a lot of countries.
I don't think btc can replace gold either. But on the other hand I do believe gold will vanish in history and bitcoin is our future currency to be backing other assets
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January 26, 2020, 02:48:46 PM
 #592

if bitcoin ends then the world will be unstable! bitcoin will replace gold, so there's no way bitcoin will end, it's still too early to ask that, believe in yourself and believe that bitcoin will be better

What is the connection of the world and Bitcoin?

I don't see any strong connection of the world to Bitcoin. It will never unstable the world since the world can still run even if Bitcoin dies. I also think it would never replace gold since Bitcoin is decentralized and so volatile. Think about it, whales controlling the Bitcoin, just imagine what they can do if currencies is backed up by Bitcoin.

World is connected to bitcoin, I mean it is $150+ billions in there and crypto market cap is bigger than a lot of countries.
I don't think btc can replace gold either. But on the other hand I do believe gold will vanish in history and bitcoin is our future currency to be backing other assets
that's right! Bitcoin is part of growing industry and mamy people admire it. We just need to be optimistic to the career of this industry because cryptocurrency needs supporters and not haters. We need to support and buy bitcoin so that it will long-last.



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Rainbot
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January 27, 2020, 01:35:52 PM
 #593

if bitcoin ends then the world will be unstable! bitcoin will replace gold, so there's no way bitcoin will end, it's still too early to ask that, believe in yourself and believe that bitcoin will be better

What is the connection of the world and Bitcoin?

I don't see any strong connection of the world to Bitcoin. It will never unstable the world since the world can still run even if Bitcoin dies. I also think it would never replace gold since Bitcoin is decentralized and so volatile. Think about it, whales controlling the Bitcoin, just imagine what they can do if currencies is backed up by Bitcoin.

World is connected to bitcoin, I mean it is $150+ billions in there and crypto market cap is bigger than a lot of countries.
I don't think btc can replace gold either. But on the other hand I do believe gold will vanish in history and bitcoin is our future currency to be backing other assets
I also have this believe in my mind that bitcoin is getting more value than gold and gold is now almost nothing in front of bitcoin. Day by day bitcoin is getting more value and its increasing in demand so I hope later or earlier it will become world's legal currency and people who'll be holding and using it will be happy for having such precious investment.

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