Bitcoin is the biggest venture capital fund that human kind ever made

[niisarearning]

I agree with argument but you also consider lots of unethical people using these decentrelised diversified technology for their greed . Done example are bitcoin fork coins , lots of ico’s happened in 2017 and 3018 they just raised the fund now they are disappeared. There is positive side as well as negative side .

[ginkgo666]

The dislike factor of Bitcoin by some people:
1.Price volatility
2.High Price
3.Waste of Electricity
4.Lack of supervision

1. Yes it's quite obvious to have a huge price volatility since the price of bitcoin is so high and there are many investors holding thousand of bitcoins. Also, whenever a surge in the price occurs huge number of investors jump in to the rally to buy bitcoin which is why the price volatility grows at a larger scale. There is pretty much nothing we can do about it.

2. High price is the result of large number of supporters bitcoin has and the price volatility due to above reason complements the high price of bitcoin. Volatility is a catalyst to the high price of bitcoin.

3. Every currency needs something to be produced. Fiat currency are printed and hence paper is wasted in this case. Waste of paper is equal to cutting down of more trees. Hence every currency 'wastes' something.

4. Supervision is not necessary for bitcoin since it is decentralised. It acts based on actions of its users. I wonder how lack of supervision is a 'hate factor' for people.

I agree with everything except the first point that you mentioned. Extreme volatility is a double edged sword in this market since it can help investors earn profits or succumb to losses and unstable values are a problem for mass adoption.

Who would want to use a currency whose value can change radically regularly when compared to stable FIAT(Most of the time)?

This is why I believe that volatility of this market needs to drop in order to pave the way for mainstream mass adoption in the future.

Yes,if we take VC factor into account,the price volatility can be accepted for now,and also,volatility of this market needs to drop in order to pave the way for mainstream mass adoption in the future.

[okala]

The so called bad side of bitcoin is the reason why bitcoin remains the greatest invention of this era take for example it volatility is the reason why the price is always high due to the fact that no one is able to predict the price.

[cipherhut]

I don't want to  ;)but yes it is Bitcoin is the biggest venture of its kind and increasing circumference dominates the decentralized world. If you have Bitcoin in your wallet then no doubt it is yours and you can use whatever way you want.

[CBANX2]

The dislike factor of Bitcoin by some people:
1.Price volatility
2.High Price
3.Waste of Electricity
4.Lack of supervision
If they could think that Bitcoin is the biggest venture capital fund that human kind ever made,things would be different.
The advantage of being such venture capital fund could be as follows:
1.Most diversified investment.Bitcoin is not just a payment solution.It is a portal to thousands of decentralized programs.
Bitcoin enables every access to the decentralized world.Bitcoin dominates the decentralized world from the beginning of its
birth,and it will keep dominating it form now then.This means holding bitcoin is just like hold thousands of other tokens.Thus
the price of bitcoin will go ups and downs just like the other venture capital funds do.The price of bitcoin as well as other tokens
are so transparent and easy to trace,which gave investors adequate information about the fund operation.
2.The Venture Capital that everyone can join.You can buy bitcoin with different methods,not only from exchanges,but also
by your credit card,by mining,by work etc.
3.High Electricity Consumption connects with network high computing difficulty which will ensure that every investment in this
venture capital remain safe.
4.The basis of bitcoin is rigorous mathematics and technology,it doesn't need supervision.If your buy some bitcoin and save it
to your own wallet,it is genuine and it is yours,no need to doubt it.

I must say that as Bitcoin is one of the biggest venture! and by passing time it is increasing its reach. Besides of the ups and downs of the crypto market Bitcoin is still a dominating crypto in the market. If you have BTC in your wallet then you are a part a emerging crypto revolution.

[Bowly88]

I agree to some of your points but disagree to some like some of the disadvantages you have mentioned are actually an advantage to bitcoin like volatility. But yes, bitcoin is one of the best venture people have invested for the reason that you can even earn a lot money by just using your mobile phone. I am the living witness where I always trade to this exchange site called darb exchange. I always trade there and earn money because of it and I even use that as a payment system to my transactions.

[pey]

I think Bitcoin's price volatility is not something people should be complaining about, Bitcoin's market cap is very low so the price volatility is not something artificial. Also, if Bitcoin is that valuable, electricity used for mining might not be seen as ''waste''

[drumamat]

All the negative factors you listed do not allow bitcoin to become a truly venture Fund.I think if all these factors are removed, then the price of Bitcoin will fly to the moon and never arrive.In addition to bitcoin,the entire cryptocurrency is a pretty big venture Fund with a very huge capitalization.I hope so and will continue.

[yogeko]

I see Ethererum as somewhat similar to a VC firm. You buy Ether and invest them in ICO or IEO by trading the Ether with the ERC-20 tokens offered by the project. The projects get paid in your ETH that they can later convert to Fiat or use as is for development and marketing activities.

Check out Farm2Kitchen (F2K) Token for an example, which is a token on the Ethereum platform and is used for crowd-funding using IEO which is currently ongoing on ProBit.

[DreamStage]

From every fact you have stated i do agree with some.
But these two:
1.Price volatility
2.High Price

Those are what makes Bitcoin being the best cryptocurrency. People have to realize how good that is and not a con at all.
From them you can achieve more profit and get more new investors.

[jakezyrus]

like what other said  . some points that you list on the op are not really a disadvantage but they are instead advantage because this what makes bitcoin unique and indemand  . i think i will only agree on the number 4  which was  " lack of supervision "   .  yes bitcoin is lacking with this due to its decentralized/anonymous feature  .  this makes bitcoin ideal for dark and shady use  but not all are doing this  .

[cipherhut]

Crypto is the revolutionary innovation with potential besides being volatile and fluctuating. It is the ground where everyday emerging technologies are there, ICO and STO are some of them, so Bitcoin is the venture capital fund and a conventional way for transactions.