BitCoin and Cryptocurrencies - Will they fail? My 3 Predictions!

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We should be realistic with our dreams about bitcoin. This stuff imo is a bubble; it's meant to work temporarily- for the first investors.

Going into this stuff now, to me, is like a man whose eyes are all open to see clearly at his front a big wide ditch with flaming fire burning violently within it , but goes ahead to jump into it.
 
drehdinho said:
We should be realistic with our dreams about bitcoin. This stuff imo is a bubble; it's meant to work temporarily- for the first investors.

Going into this stuff now, to me, is like a man whose eyes are all open to see clearly at his front a big wide ditch with flaming fire burning violently within it , but goes ahead to jump into it.
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Maybe it is a bubble, but in the future this bubble will became even bigger, after that it go down again, like waves.
 
Ouch X_X
People bet on PayPal and not on Bitcoin... that must be hurting them
 
virtualpurity said:
I love the 3 page read on this subject and i would have left a nice long opinion on this but i am just to tired to type at the moment.

The answer to the price increase of BTC. Who owns the SilkRoad BTC`s now ?

And this also..




BTC is still at its early stages and it will last. The fact that it is not controlled makes it much more acceptable for merchants to use bitcoins as payment options and because of that the use of Bitcoins in everyday life is just starting. And like jazzc said people that didnt even know what cryptocurrency is are now talking about BTC so it will only get more and more popular with time.
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11 Years and i still stand by this, it just evolved to something different and bigger than what we imagined it would be. Now it becoming more as store of value instead of the wide range usage for payments that was intended.
Same as the gold standard age - and same as that, other crypto will replace its place for every day use which will be backed by Bitcoin - history repeats its self - only digitalized.
 
Bitcoin is still a baby at this point. I think it’s going to be around for a long time purely on the basis that it’s the most fascinating thing I’ve ever learned about in my 25+ years in tech.
 
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