Bitcoin is dying...permanently

[MakeBelieve]

Getting really sick of this whole Bitcoin is dying sell now so I can buy because I wasn't a early adopter and was too slow or too stupid to invest at the right time its just pathetic attempt.

[OleOle]

There's always going to be a certain amount of bitcoin activity around, just like there's a certain amount of criminal or drug related activity around. However much lawmakers would prefer to suppress or eliminate that activity, there's always a percentage of people who'll make up their own mind on what they choose to do irrespective of what types of behaviour is preferred or expected.

The main issue with bitcoin is that without formal governmental regulation, it exists on the fringe of society, much like criminality or drugs and with bitcoin occupying the shadowy world between legality and illegality it doesn't provide confidence to those potentially interested parties who would be willing to get involved or those that want to increase their involvement and move forward strongly with the currency.

There's an oft-used phrase in financial markets, "Business hates uncertainty," and there's absolutely no doubt that with bitcoin being essentially unregulated, the lack of clear, accepted international financial, tax and capital gains valuation and reporting mechanisms present substantial headwinds to the continuing growth of the unit.

Bitcoin might not be dying, but isn't thriving either.

What do you want your investments to do? Do you want them to thrive or do you prefer to have doubts about even the viability of bitcoin?

Beware the regulatory hammer that may criminalise your coins at the stroke of a pen.

Remember FDR's gold debacle of 1933 and ensure that you're suitably diversified.

 

[jaberwock]

There's always going to be a certain amount of bitcoin activity around, just like there's a certain amount of criminal or drug related activity around. However much lawmakers would prefer to suppress or eliminate that activity, there's always a percentage of people who'll make up their own mind on what they choose to do irrespective of what types of behaviour is preferred or expected.

The main issue with bitcoin is that without formal governmental regulation, it exists on the fringe of society, much like criminality or drugs and with bitcoin occupying the shadowy world between legality and illegality it doesn't provide confidence to those potentially interested parties who would be willing to get involved or those that want to increase their involvement and move forward strongly with the currency.

There's an oft-used phrase in financial markets, "Business hates uncertainty," and there's absolutely no doubt that with bitcoin being essentially unregulated, the lack of clear, accepted international financial, tax and capital gains valuation and reporting mechanisms present substantial headwinds to the continuing growth of the unit.

Bitcoin might not be dying, but isn't thriving either.

What do you want your investments to do? Do you want them to thrive or do you prefer to have doubts about even the viability of bitcoin?

Beware the regulatory hammer that may criminalise your coins at the stroke of a pen.

Remember FDR's gold debacle of 1933 and ensure that you're suitably diversified.

 

There is no move on criminalizing Bitcoin, even in China, and there are countries that are Bitcoin friendly, like Denmark, Germany and UK.

Also there are already norms about how to handle taxes and report bitcoin gains, in USA and in other parts of the world. May not be the best laws, but they  can be improved over time.

We are not one year ago, Bitcoin is not an investment in the gray are between legality and illegality, at least not anymore since the Silk Road auction. I don't think US would sell something they are about to make illegal.

The doubt now is how(and not if) Bitcoin will be regularized in USA and around the world.

[lynn_402]

There's always going to be a certain amount of bitcoin activity around, just like there's a certain amount of criminal or drug related activity around. However much lawmakers would prefer to suppress or eliminate that activity, there's always a percentage of people who'll make up their own mind on what they choose to do irrespective of what types of behaviour is preferred or expected.

The main issue with bitcoin is that without formal governmental regulation, it exists on the fringe of society, much like criminality or drugs and with bitcoin occupying the shadowy world between legality and illegality it doesn't provide confidence to those potentially interested parties who would be willing to get involved or those that want to increase their involvement and move forward strongly with the currency.

There's an oft-used phrase in financial markets, "Business hates uncertainty," and there's absolutely no doubt that with bitcoin being essentially unregulated, the lack of clear, accepted international financial, tax and capital gains valuation and reporting mechanisms present substantial headwinds to the continuing growth of the unit.

Bitcoin might not be dying, but isn't thriving either.

What do you want your investments to do? Do you want them to thrive or do you prefer to have doubts about even the viability of bitcoin?

Beware the regulatory hammer that may criminalise your coins at the stroke of a pen.

Remember FDR's gold debacle of 1933 and ensure that you're suitably diversified.

 

There is no move on criminalizing Bitcoin, even in China, and there are countries that are Bitcoin friendly, like Denmark, Germany and UK.

Also there are already norms about how to handle taxes and report bitcoin gains, in USA and in other parts of the world. May not be the best laws, but they  can be improved over time.

We are not one year ago, Bitcoin is not an investment in the gray are between legality and illegality, at least not anymore since the Silk Road auction. I don't think US would sell something they are about to make illegal.

The doubt now is how(and not if) Bitcoin will be regularized in USA and around the world.

Countries making Bitcoin illegal would only trigger a flash-crash; cryptocurrencies would survive through TOR, just like alcohol has survived through prohibition. It gives benefits that many wouldn't mind breaking the law for.

[Kingha8]

I believe It will recover to $600 in 3 weeks..

[boumalo]

There's always going to be a certain amount of bitcoin activity around, just like there's a certain amount of criminal or drug related activity around. However much lawmakers would prefer to suppress or eliminate that activity, there's always a percentage of people who'll make up their own mind on what they choose to do irrespective of what types of behaviour is preferred or expected.

The main issue with bitcoin is that without formal governmental regulation, it exists on the fringe of society, much like criminality or drugs and with bitcoin occupying the shadowy world between legality and illegality it doesn't provide confidence to those potentially interested parties who would be willing to get involved or those that want to increase their involvement and move forward strongly with the currency.

There's an oft-used phrase in financial markets, "Business hates uncertainty," and there's absolutely no doubt that with bitcoin being essentially unregulated, the lack of clear, accepted international financial, tax and capital gains valuation and reporting mechanisms present substantial headwinds to the continuing growth of the unit.

Bitcoin might not be dying, but isn't thriving either.

What do you want your investments to do? Do you want them to thrive or do you prefer to have doubts about even the viability of bitcoin?

Beware the regulatory hammer that may criminalise your coins at the stroke of a pen.

Remember FDR's gold debacle of 1933 and ensure that you're suitably diversified.

 

There is no move on criminalizing Bitcoin, even in China, and there are countries that are Bitcoin friendly, like Denmark, Germany and UK.

Also there are already norms about how to handle taxes and report bitcoin gains, in USA and in other parts of the world. May not be the best laws, but they  can be improved over time.

We are not one year ago, Bitcoin is not an investment in the gray are between legality and illegality, at least not anymore since the Silk Road auction. I don't think US would sell something they are about to make illegal.

The doubt now is how(and not if) Bitcoin will be regularized in USA and around the world.

Countries making Bitcoin illegal would only trigger a flash-crash; cryptocurrencies would survive through TOR, just like alcohol has survived through prohibition. It gives benefits that many wouldn't mind breaking the law for.

It is a theory but it would still probably be bad for Bitcoin to be banned

[lynn_402]

It is a theory but it would still probably be bad for Bitcoin to be banned

Imho, it would actually be good. It would help to get rid of speculators, and instead all of those who would risk using it are the legit users, who are not only into cryptocurrencies to make a quick buck.

[boumalo]

It is a theory but it would still probably be bad for Bitcoin to be banned

Imho, it would actually be good. It would help to get rid of speculators, and instead all of those who would risk using it are the legit users, who are not only into cryptocurrencies to make a quick buck.

Understand your reasoning but massive adoption will be postponed if Bitcoin was banned

It is hard to speculate because we don't know the world we'll live in in 10years after the western financial collapse and the USD collapse

[ltc8529]

I hope not, I just invested into some more coin 

[Candystripes]

These troll threads honestly need to stop, I am tired of them. Please stop.

[Jybrael]

I met this so called Lady Shazam once upon a time..she told me..I will be dead in 2 days..I am still here...

[tpcc]

They aren't dying there just going up and down like always.

[Ayers]

you have never seen a bubble bursting right?

[martinnew]

Going alive again with its value going up a little. 

[nakazznicek]

Going alive again with its value going up a little. 

Maybe last breaths?

[dkblueman]

Just watched it drop 3 cents. Its the end I tell you!

[wordman267645]

I don't think so.There still a chance.So buddy, don't worry about this, just wait and see because good things come to those who wait.

[the_K_man]

First people are saying that BTC is growing so fast and next thing it is dying... not sure what to believe anymore

[cisahasa]

yes, some day but not yet

[true2self]

Do you guys honetly think taht there will be collapse of USD? Do you think that bankers would let it happen? They will just erase the debt, if there will not be any other way... Why wouldnt they do it? They will go default and act like nothing happend.