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Author Topic: Why btc will die  (Read 3902 times)
bitcoinwilldie (OP)
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September 11, 2014, 09:42:35 AM
 #1

1, bitcoin has no value, just a piece of junk number. it has no value like currency or gold, people buy it just for speculation.

2, bitcoin is unsafe and easily be stolen. If someone buy some coins for invest, it may disappear or hacked.

3,Gov will ban it, because it is anonymous and can not be controlled. People can use btc buy illegal goods like drugs and guns,  and may not pay tax. Or terrorists will use btc to fund terrorism activities.   

4, Btc system is unsafe too, 51% attack will destroy it.

5, people does not need bitcoin, they can use dollars as well.

So I think btc will soon die.
crystalsum
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September 11, 2014, 09:44:47 AM
 #2

As soon as hackers break the encryption to bitcoin addresses bitcoin will be safe.

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Bitcoinpro
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September 11, 2014, 09:59:38 AM
 #3

1, bitcoin has no value, just a piece of junk number. it has no value like currency or gold, people buy it just for speculation.

2, bitcoin is unsafe and easily be stolen. If someone buy some coins for invest, it may disappear or hacked.

3,Gov will ban it, because it is anonymous and can not be controlled. People can use btc buy illegal goods like drugs and guns,  and may not pay tax. Or terrorists will use btc to fund terrorism activities.   

4, Btc system is unsafe too, 51% attack will destroy it.

5, people does not need bitcoin, they can use dollars as well.

So I think btc will soon die.

translation


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CRYPTOCURRENCY CENTRAL BANK

LTC: LP7bcFENVL9vdmUVea1M6FMyjSmUfsMVYf
Hunyadi
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September 11, 2014, 10:02:08 AM
 #4

1, This post has no value, just a piece of junk. it has no value.
 

Corrected.

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Aswan
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September 11, 2014, 10:11:20 AM
 #5

1, bitcoin has no value, just a piece of junk number. it has no value like currency or gold, people buy it just for speculation.

2, bitcoin is unsafe and easily be stolen. If someone buy some coins for invest, it may disappear or hacked.

3,Gov will ban it, because it is anonymous and can not be controlled. People can use btc buy illegal goods like drugs and guns,  and may not pay tax. Or terrorists will use btc to fund terrorism activities.   

4, Btc system is unsafe too, 51% attack will destroy it.

5, people does not need bitcoin, they can use dollars as well.

So I think btc will soon die.


1. It has a value as long as I get something for it, which is the case right now. "Currency" like USD/EUR etc. are the same in that regard.

2. Money in the bank already has been "stolen" and it's up to the bank if they actually give it back to you or not. Saying bitcoin is unsafe without any kind of proof is kinda weird, and there is no such proof. Systems might be unsafe, but bitcoin is not. In fact it is a lot more save than any bank account. Bitcoin hasn't ever been "hacked", systems have. Some people can't handle responsibility but there are more than enough who can.

3. Most governments banned most drugs and they still didn't "die". So this being an argument for "Why btc will die" is just not true.

4. This is an issue which might lead to BTC being replaced, but it's the only one in your post.

5. I cannot buy a drink at the local pub with dollars, but I sure can do so with BTC.
EFS
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September 11, 2014, 10:11:25 AM
 #6

Change Bitcoin to $, €, £ or any other national currency in this post. That makes sense.

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evoked22
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September 11, 2014, 10:28:20 AM
 #7

Change Bitcoin to $, €, £ or any other national currency in this post. That makes sense.

lol

+1

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xDan
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September 11, 2014, 10:44:18 AM
 #8

Yes you are correct OP, now please return to dollarcointalk.org where you belong.

OH WAIT $DOLLAR ISN'T EVEN COOL ENOUGH TO HAVE IT'S OWN FORUM!

HODLing for the longest time. Skippin fast right around the moon. On a rocketship straight to mars.
Up, up and away with my beautiful, my beautiful Bitcoin~
Mowcore
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September 11, 2014, 10:50:42 AM
 #9

No effort what so ever put into the OP's troll post. If you're gonna troll, troll right.

Humble Weekly Bundle.Pay What You Want. Redeem on Steam. Support charity. Pay with BTCitcoin now!--> Paypal Sad
oceans
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September 11, 2014, 11:10:23 AM
 #10

Actually love to read these kind of threads from people who 'claim' bitcoin will die because of the reason stated. It's like they have some kind of big problem with bitcoin, I don't know maybe they can't afford to invest so instead they make claims like this to try and rain on everyone else's parade. Well played!
Impros88
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September 11, 2014, 11:24:39 AM
 #11

I think the same as the op. I would like to believe but cannot. Things are getting quite scary. 9 months have passed and price has not recovered yet. It is still less than half of its highest. Usually price recovered soon and continued rising. It is not happening. We are downward direction, simply look at the graph.
Payments via debt card work great, with iphone 6 nfc even faster and better... there is no place for btc. Good idea, good utopia, doomed to fail as all other utopia in this world.. cough cough communism.  Btc will slowly be forgotten and will go into the history of "weird ideas" many people have lost money in it. Goodbye my fellows. I leave the ship. I sell.
porcupine87
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hm


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September 11, 2014, 11:29:28 AM
 #12

3,Gov will ban it, because it is anonymous and can not be controlled. People can use btc buy illegal goods like drugs and guns,  and may not pay tax. Or terrorists will use btc to fund terrorism activities.   


you are right. With Bitoin being banned, what else money should criminals use? Did you ever see a movie where the bad guys didn't use Bitcoin? I didn't. So you are right on this point.

"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
roslinpl
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September 11, 2014, 11:37:32 AM
 #13

1, This post has no value, just a piece of junk. it has no value.
 

Corrected.


That's what I wanted to say before I found that you already did told the truth Smiley


BTC4ever

ps. One day we all gonna die. And everything around will die too. Simple.
Divinespark
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September 11, 2014, 11:47:41 AM
 #14

Play the other tape, mate
This one is broken I think..... Wink

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hua_hui
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September 11, 2014, 11:50:41 AM
 #15

You account name . LOL. Are you here to tell us bitcoin will die?
Erdogan
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September 11, 2014, 12:38:53 PM
 #16

3,Gov will ban it, because it is anonymous and can not be controlled. People can use btc buy illegal goods like drugs and guns,  and may not pay tax. Or terrorists will use btc to fund terrorism activities.   


you are right. With Bitoin being banned, what else money should criminals use? Did you ever see a movie where the bad guys didn't use Bitcoin? I didn't. So you are right on this point.

At last, we can pay off those IS-types, after all, the beheadings are good entertainment. - OR, you can pay some coins to the welldoers at the same geographic location, who supplies medical treatment and food to some widow with five hungry kids. Great, don't you think?
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Reputation first.


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September 11, 2014, 12:46:39 PM
 #17

You have to know that nothing has a value. Market, organization ecc. give a value to something, understood?

Bitcoin is decentralized than dollar, you can spend your money whenever you want and you're the only owner of your MONEY.

So, cancel this post because it is ridiculous.


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LetsMakeItBTC
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September 11, 2014, 01:54:55 PM
 #18

Dear fallling, all of these retarded points have been answered already.
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September 11, 2014, 02:29:51 PM
 #19

We are at an early stage of adoption, it will take some time but eventually bitcoin will spread all over the world.
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September 11, 2014, 03:24:02 PM
 #20

Bitcoin won't die. It's obvious for me and my friends. Bitcoin will stay alive and kicking even if government will try to shut it down. There is no way to kill Bitcoin.
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