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Malin Keshar
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July 30, 2014, 01:45:29 PM |
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The fall in the price is because of uncertainty about regularizations.
If they bother to regularize bitcoin, is because it is getting popular
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"You Asked For Change, We Gave You Coins" -- casascius
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Harley997
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July 30, 2014, 03:26:55 PM |
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My thoughts is that bitcoin has been gaining popularity even though we haven't had any 'crazy' news recently except Dell accepting BTC but more and more people hear about it each day, by word of mouth, TV, news papers, other companies accepting BTC etc
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taylortyler
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Activity: 84
Merit: 10
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July 30, 2014, 04:43:32 PM |
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Nope...only gaining in popularity.
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ensurance982
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July 30, 2014, 04:46:13 PM |
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The fall in the price is because of uncertainty about regularizations.
If they bother to regularize bitcoin, is because it is getting popular
I think people don't quite know or can't decide whethet regulating bitcoin is a good idea or a bad one. Many claim that it should remain 'free' and 'uncontrolled', but I believe a lot of companies wouldn't want to get involved in Bitcoin if there are no regulations and legal guidelines on how to do accounting, taxes, etc. |
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taylortyler
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July 30, 2014, 04:49:05 PM |
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The fall in the price is because of uncertainty about regularizations.
If they bother to regularize bitcoin, is because it is getting popular
I think people don't quite know or can't decide whethet regulating bitcoin is a good idea or a bad one. Many claim that it should remain 'free' and 'uncontrolled', but I believe a lot of companies wouldn't want to get involved in Bitcoin if there are no regulations and legal guidelines on how to do accounting, taxes, etc. Sure some regulations are necessary, but not complete regulatory overhauls like that of Bit License. Bitcoin Foundation Canada recently put out a good .pdf describing how Bitcoin is pretty much already regulated under current laws, and argued that only minor adjustments would need to be made to preexisting laws. |
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howardb
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July 30, 2014, 08:42:08 PM |
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I actually think to some extent it is losing popularity, the reason being is that the takeup of Merchants is doing asymetrically well compared to new consumers starting to use bitcoin, this fact alone is depressing prices (since merchants convert straight back to fiat).
Having said that, if you lift your head to the horizon, the massive influx of venture capital is bound to pay big dividends in usability and usage a year or more down the road.
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galbros
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July 30, 2014, 09:08:55 PM |
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No, not at all. The only thing that has really changed is the price, making bitcoin much more serious and the rise of ASICS. Both of these work against new people coming into the bitcoin ecosystem. The high price of bitcoin makes it hard to get your first bitcent to goof around with and encourages scammers. The rise of ASICs means you can't just fire up your PC, wait awhile, and have a decent amount of satoshi.
The only good news is that places like Coinbase, as flawed as it is, makes it easy for people to buy bitcoin, but then the high price works against this as well.
So not losing but I do think it is harder on new users coming in.
Oh, one more thing, the ever growing blockchain means it takes a few days to synch the blockchain to use the base client.
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romneymoney
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Activity: 193
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HODL
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July 30, 2014, 09:13:15 PM |
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loosing or lowsening (ˈluːsɪŋ, -zɪŋ, ˈlɔɪ-, ˈluːsɪŋ, -zɪŋ, ˈlɔɪ-)
— n
dialect ( Yorkshire ) a celebration of one's 21st birthday
Bitcoin was born in 2009 so it won't be having it's 21st birthday until 2030
FFS learn the difference between lose and loose you illiterates
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bigasic
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July 30, 2014, 09:18:29 PM |
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Its obvious that the govt. hates bitcoin. Im pretty sure that they are discouraging banking institutions from dealing with bitcoin. In fact, there is a group that the govt formed just to investigate the banks that do deal with bitcoin. Im sure that this doesn't help too much.
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Arroyo
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July 30, 2014, 09:21:35 PM |
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Nooo! It's a disruptive currency!!! I'm fairly new to it, as well!
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Traffic4u
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July 30, 2014, 09:29:07 PM |
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What is bitcoin? I did not know.
Who are you? I did not know.
Oh you're right, bitcoin losing its popularity.
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howardb
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July 30, 2014, 09:43:03 PM |
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Oh, one more thing, the ever growing blockchain means it takes a few days to synch the blockchain to use the base client.
The blockchain size issue was effectively solved with the release of multibit wallet, it now synchronises in seconds and only downloads a fraction of the blockchain. See Mike Hearns recent post in discussion. |
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DjPxH
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July 30, 2014, 09:44:31 PM |
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Oh, one more thing, the ever growing blockchain means it takes a few days to synch the blockchain to use the base client.
The blockchain size issue was effectively solved with the release of multibit wallet, it now synchronises in seconds and only downloads a fraction of the blockchain. See Mike Hearns recent post in discussion. No. Well, it is solved for the end user, okay. But the blockchain itself has still the same size. And it may be prudent to have incremental versions of the blockchain. With certain time slices or -states so to say! |
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howardb
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July 30, 2014, 09:47:23 PM |
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Oh, one more thing, the ever growing blockchain means it takes a few days to synch the blockchain to use the base client.
The blockchain size issue was effectively solved with the release of multibit wallet, it now synchronises in seconds and only downloads a fraction of the blockchain. See Mike Hearns recent post in discussion. No. Well, it is solved for the end user, okay. But the blockchain itself has still the same size. And it may be prudent to have incremental versions of the blockchain. With certain time slices or -states so to say! Agreed, the blockchain as currently implemented is not scaleable enough, some mechanism to agree the current balance of every address at a given point in time and disregard old block chain needs to be thought about/incorporated, since we only need to know current balances not past balances to transact. |
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KonstantinosM
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July 30, 2014, 09:50:52 PM |
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The title is FUDdy.
No.
Why?
More online retailers accepting it every month.
It also seems like a lot more people know about it now.
I went to a local bitcoin meetup. Yes, a local one.
The title is a statement with a question mark. It's manipulative and should be re-worded.
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Syscoin has the best of Bitcoin and Ethereum in one place, it's merge mined with Bitcoin so it is plugged into Bitcoin's ecosystem and takes full advantage of it's POW while rewarding Bitcoin miners with Syscoin
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counter
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July 30, 2014, 10:02:31 PM |
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Yeah another thread with no point but to cause some sort of panic. If anything Bitcoin is gaining integrity everyday. It's laughable for such a claim to be made. It's like people are really waiting for anything that can be viewed as negative(even with out reason). To convince others Bitcoin is doomed it's amusing I must admit. It's like when the stock market slows down and I say is this the end of Wall Street, lol.
I really hope people are getting hip to this nonsense because it's beyond old. Bitcoin has value for the reason it always has and nothing has changed if you ask me.
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Elwar
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Viva Ut Vivas
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July 31, 2014, 01:06:14 AM |
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If you mean that Bitcoin is loosing its popularity in the way that pants are loose with plenty of room to expand then I would say that Bitcoin is loose with plenty of room for growth of more popularity.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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ph111
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July 31, 2014, 01:34:54 AM |
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Nope !
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cbeast
Donator
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Merit: 1006
Let's talk governance, lipstick, and pigs.
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July 31, 2014, 01:43:44 AM |
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Bitcoin is certainly losing popularity with central banks.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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redwraith
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July 31, 2014, 03:46:58 AM |
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thoughts?
Fucking learn how to spell "losing" and maybe someone will take your post seriously. Or not:  |
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