I am pretty confident we are the new fiat slaves, gentlemen.

[TruthBear]

How does the dynamic on bitcointalk change when the bitcoin experiment fails and it falls to the $1-$5 range? The legendary early adopters will no longer hold power and the forum at whole will become a better distributed/ fairer environment. Since most people came into bitcoin to increase their FIAT holdings, they have totally missed the point and too much emphasis is on price rather than technology. Looking over the forum, people are foaming at the mouths like rabid dogs, hoping (like a religious sect) for the price to rise. They have indirectly become slaves to the very system that satoshi was looking to fix.

As soon as bitcoin fails, we can live in harmony. All you should care about is 1 BTC = 1 BTC.

 

[flipstyle]

Since most people came into bitcoin to increase their FIAT holdings, they have totally missed the point and too much emphasis is on price rather than technology. Looking over the forum, people are foaming at the mouths like rabid dogs, hoping (like a religious sect) for the price to rise. They have indirectly become slaves to the very system that satoshi was looking to fix.

irony.jpeg

Majority of its users are investors/speculators (including myself)  so I guess we all get what we deserved, amirite? 

Greed breeds more greed.

hahaha

[Mr Spread]

I'll still be using bitcoin even if the price falls down to $1 because it is a world changing piece of technology. But of course if an altcoin survives and surpasses bitcoin then I assume everyone will switch to that, including me.

[TruthBear]

I'll still be using bitcoin even if the price falls down to $1 because it is a world changing piece of technology. But of course if an altcoin survives and surpasses bitcoin then I assume everyone will switch to that, including me.

I researched a lot of bitcoin's history today and when I came to this forum, there was a stark contrast. I'm glad to see some people still see bitcoin as a technological marvel rather than a get-rich-quick scheme.

[BitcoiNaked]

Plot twist, Satoshi found out to have abandoned bitcoin and made tons of altcoins while he was at it. Now he abandoned both and is fcking hot bitches in some island. what a boss

[p2pbucks]

when you review this troll post five years later , you will realize posted this kind of shit is really waste of time 

[Bit_Happy]

All you should care about is 1 BTC = 1 BTC.

Gold (for example) has a price related to fiat and so will Bitcoin. Now, a large-scale economy that used only gold, silver, and BTC would be a fun experience.  

[altcoin hitler]

we need a meme of the always bleeding bitcoin - i'm just not good with photoshop.

Bitcoins endless bloody waterfalls make it pretty UNSEXY

It's not the future, it's the currency of degenerate gamblers and druglords.

[Bitcoinpro]

we need a meme of the always bleeding bitcoin - i'm just not good with photoshop.

Bitcoins endless bloody waterfalls make it pretty UNSEXY

It's not the future, it's the currency of degenerate gamblers and druglords.

[Vod]

Some altcoin will still survive, no doubt.  They're fairly resilient.

One altcoin will eventually surpass Bitcoin.  Bitcoin is the first, and as evolution has shown us, the first draft never lasts long as there are always changes for the better.

[Bitcoinpro]

Some altcoin will still survive, no doubt.  They're fairly resilient.

One altcoin will eventually surpass Bitcoin.  Bitcoin is the first, and as evolution has shown us, the first draft never lasts long as there are always changes for the better.

Anything's possible, well that's how the saying goes anyway

[RGBKey]

I'm not so sure about one altcoin overcoming bitcoin. Bitcoin's been around for too long and nobody has even heard of almost any altcoins. An altcoin would have to REALLY bring something to the table to do anything.

[Bitcoinpro]

sub 100 would be great to re-distribution as many people would be buying again and bitcoin dismal wealth distribution, on pair with the lowest 3rd world countries would look a little better.

waiting for sub 100 might be a tad optimistic

look wat just happened to bitstamp

playing the leverage game is very risky

[BayAreaCoins]

All you should care about is 1 BTC = 1 BTC.

lol  

It's not the future, it's the currency of degenerate gamblers and druglords.

You new to Bitcoin?!

[Bitcoinpro]

All you should care about is 1 BTC = 1 BTC.

lol  

It's not the future, it's the currency of degenerate gamblers and druglords.

You new to Bitcoin?!

wearing diapers

[altcoin hitler]

bitcoin sub 100$ means a couple of things:

-can't hold value (shit to put money on longterm)
-an altcoin has easy game to conquer no.1 spot
-it ruined a lot of people and these people will not come back or buy lower - they will give you sellwalls
-your myth of exponential growth is debunked (already is)
-extreme volatility confirmed
- and so on


Bitcoin sub 100$ is not going to come back up imo - or not higher than back to 200$ before dumping down again.

[Bit_Happy]

BTC has proven able to surprise in both directions:
It could go to $43 and hit $2,499 in the same 12 month period...

...and this place would be more fun again.

[altcoin hitler]

BTC has proven able to surprise in both directions:
It could go to $43 and hit $2,499 in the same 12 month period...

...and this place would be more fun again.

dude, it's a pump and dump shitcoin
it's not superior to any other coin  - only in hashrate and that should change too hopefully.

A good coin is no torture but fun. Bitcoin is low-end outdated shitcoin with far too much hashrate on it. (no wonder because it pays miners massive amounts of coins)

People got wise - nobody gonna buy coins just to give their money to miners. Bitcoin is going nowhere until it gets pumped and dumped again at the halving and then do nothing for 4 years again like every p'nD pennystock does.

You got to note: bitcoin goes down for months and months with no real bottom, then shoots up for 2 weeks and gets dumped again. It's the perfect pump and dump shitcoin.  

Pretty scammy too.

If you want to save your funds from economic turmoil buy gold, silver, food, guns - not bitcoin
Bitcoin is just a bad gambling-habbit and will go nowhere.

[sgk]

While Bitcoin was the first piece of world-changing technology, let's face it - it has shortcomings that can be addressed in newer and better digital currencies.

Digital currencies are the future, but the world will eventually move to a better alternative than Bitcoin.

[crazy_rabbit]

I'll still be using bitcoin even if the price falls down to $1 because it is a world changing piece of technology. But of course if an altcoin survives and surpasses bitcoin then I assume everyone will switch to that, including me.

I'll be buying like a muther hucker if it gets anywhere near to $1. I remember the last couple times I bought bitcoin around $1. Always worked out well. :-)