Why Bitcoin and Crypto Have No Future?

[Osman_Augustus]

I put my future in bitcoin

 

[al.ayyubi]

I hope BTC will stay forever, as long as im life.

 

[artur core]

Like your style, unfortunately I know people that do lol! You read every post and picked mine, did @mickyfu frighten you then lol!

Hell no, i've ignored him. I have more success to argue with pigeons than talking to one of you Nouriels.
Blocked aswell, dont waste my time with your perma shittalk about crypto.

 

[blogzandstuff]

Hell no, i've ignored him. I have more success to argue with pigeons than talking to one of you Nouriels.
Blocked aswell, dont waste my time with your perma shittalk about crypto.

Don't keep replying then lol! Ended

 

[tb303]

To add to the list

Crypto has no future becasue HTC is launching a crypto phone

The HTC EXODUS 1 is about getting the consumer used to owning their own keys and going from there to develop the EXODUS into a device that can be for the broader market

Quick comparison of my bank/credit card V crypto (Bitcoin) and see which one wins each category:

As you didnt really do a comparison I had a go

Fees: Bank, free online transfers. No transaction fees on foreign purchases.
Withdrawing cash: Bank, free worldwide ATM withdrawal.

You must realise this isnt really free? Someone pays somewhere. Even if you can get by with a very basic account the people out there getting charged for overdrafts, business loans etc are paying for you.
ATM withdrawl is getting easier with crypto cards
International transfer of money is not free anyway. At least not with my bank. I can send it free or i can send it and also pay the recipients fees.

Speed: Bank/Credit card, instant.

I paid using contactless on a debit card today. It wasnt instant it took maybe 10 seconds before it was approved. Small payments on Bitcoin Lightening Network are faster than that. Larger on chain ones can be done in 10 mins. Many other coins are a few seconds.

Security: Bank, money insured by the government. Credit card I can chargeback any fraudulent transaction.

Again, you pay for that insurance. If we're to believe crypto has a future then insurance is very likely part of that.

Cashback: Credit card, the bank even pays me to basically take out a short term loan with them.

Free money you say? How that work then?

Volatility: Bank, don't need to worry about my currency suddenly plunging 15% in a few hours.

Fair point for now. Although I dont know about where you're from but here in the UK interest rates are below inflation so anything sitting in the bank is shrinking. On an international level it does fluctuate its just less extreme. Part of that is the volume on the markets is so much higher that the fluctuations are more minor. So you could hazard that if it were to gain popularity then Bitcoin would become less volatile.

And for the record Im not someone that believes "crypto" is going to replace fiat anytime soon but I do believe the two are able to co-exist. For that to happen the user experience needs to be simplified a lot. That HTC phone is going in the right direction even if it does turn out to be a gimmick.

 

[Alexpaberla]

If you are a thief / scammer where Could you keep your money ? In a BANK ? Under The Bed ? I will go For Bitcoin / ethereum or monero )) and about Banking system in my country and i think on every country there is a montly fee, and about transfer ? Do you Like to pay fees to The bank When you transfer money ? I hope not


We are on Black Hat forums and we talk about white Hat ? Come on guys use your brain, The money comes from ilegal activity, from The Black har not from The white hate

 

[Thousand Bytes]

The future, blockchain.

 

[Safff]

The future, blockchain.

lol, no way! It's a scam!

https://www.ethnews.com/europes-lar...ping-containers-with-samsungs-blockchain-tech

 

[satyr85]

Do u expect btc exits today, and we straight not gonna use dollar anymore?

One day .. nobody care about fiat anymore. It just nothing more than a colorful paper note. Crypto is the future.

All currencies are national.
So currency is equal to country or block of countries (for example EU)
No currency is equal to no country structure.
Thats why it wont ever happen, why any country would change official currency (100% controlled by government) to currency goverment cant control (like BTC)?
Its nice dream, but only a dream.

P.S.
In year 2000 there was an end of IT bubble on global stock market. Guess what happened before? Everyone was buing stocks of IT companies, no matter what this company was doing, no matter if this company had profits or not. Company making shoes decided to go into IT market? Great, stock price was 100% up in less than a month.
Thats bubble.
Growth without any reason.

Can any crypto coin be replaced?
YES, we may have new very popular coin that may be more popular than BTC.
Can Euro or USD be replaced?
NO

And thats a difference.
Sure you can earn a ton on crypto, sure btc may rise (and also may fall) but telling that crypto is the future sounds like "blast your site GSA and you will be TOP1 for payday loans".

 

[farrukh mohyuddin]

crypto have future but with up's and downs so dont be panic

 

[its4thecolony]

Are you telling me to go all in on NEO because i will, dont even dare me.

 

[mickyfu]

Hell no, i've ignored him. I have more success to argue with pigeons than talking to one of you Nouriels.
Blocked aswell, dont waste my time with your perma shittalk about crypto.

Oh no, what ever will I do. Here is the really sad part about this thread. All the people arguing for crypto, have fuck all interest in it unless it's a "get rich quick" scheme (no effort or knowledge needed). Who really gives a fuck if it can or will be used as a transaction? That's like arguing about the BACS system being really good. It's fucking irrelevant. I guess the clowns have forgot what they are actually arguing about these days.

 

[terrycody]

I always believe in this, because I saw it, along the way.

One of the best post in crypot section, OP, good job!

 

[CoolAdvisor]

Banks already use blockchains

 

[justbrowsing1]

To add to the list

Crypto has no future becasue HTC is launching a crypto phone




As you didnt really do a comparison I had a go

You must realise this isnt really free? Someone pays somewhere. Even if you can get by with a very basic account the people out there getting charged for overdrafts, business loans etc are paying for you.
ATM withdrawl is getting easier with crypto cards
International transfer of money is not free anyway. At least not with my bank. I can send it free or i can send it and also pay the recipients fees.

I paid using contactless on a debit card today. It wasnt instant it took maybe 10 seconds before it was approved. Small payments on Bitcoin Lightening Network are faster than that. Larger on chain ones can be done in 10 mins. Many other coins are a few seconds.

Again, you pay for that insurance. If we're to believe crypto has a future then insurance is very likely part of that.

Free money you say? How that work then?

Fair point for now. Although I dont know about where you're from but here in the UK interest rates are below inflation so anything sitting in the bank is shrinking. On an international level it does fluctuate its just less extreme. Part of that is the volume on the markets is so much higher that the fluctuations are more minor. So you could hazard that if it were to gain popularity then Bitcoin would become less volatile.

And for the record Im not someone that believes "crypto" is going to replace fiat anytime soon but I do believe the two are able to co-exist. For that to happen the user experience needs to be simplified a lot. That HTC phone is going in the right direction even if it does turn out to be a gimmick.

Ofcourse but Bitcoin/ETH transaction fees are very high for small/medium transactions if anyone is actually using it lol.

Cashback, I spend money and get 0.5% cashback, nationwide credit card in the UK but lots offer it.

Yeah slightly but Bitcoin also shrinks if supply/demand stays the same as coins are mined.

 

[just2016]

Guys what you think about Buying Webmney WMZ?

 

[unishipping]

still my great pro. wish you add more research about another coin as you did on the hot thread before

...when thousands of users on twitter talk about it, of articles writtern on medium every second , are they stupid all ?

 

[SanojAron__zzz]

I totally believe in the future of cryto

 

[vigilantx]

I totally believe in the future of cryto

can you pm me i dont know how

 

[Stitches and Burns]

Hundreds invested in Bernie Madoff's schemes too.