Bitcoin Failed
- Thread starter ADA Lovelace
- Start date
ranga
Senior Member
- Aug 9, 2009
- 800
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- Jun 12, 2022
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That would be good but it if goes below 20k that's gonna be a major issue in my opinion because you never know where it will stop. This is gonna be interesting
moonshine7000
Elite Member
- Mar 4, 2013
- 4,356
- 4,005
Bitcoin is designed to be P2P money no middlemen not an asset to be speculated against the US dollar.BTC will only have 21 million coins in existenceWho talked about if i lost or won money? I am talking about BTC and why i think that failed. If u see cryptos like buy price A and sell price B maybe you should not lose your time with this topic
Bitcoin gives investment confidence to large investors, that is also reflected in the community.
USD did not fail, the government failed that thought it was a good idea to print money without control, and now it says, well, maybe we were wrong, but they do not return the money and now, citizens with fewer resources must live worse, because certain people were wrong. They say it's because of the war in Ukraine, but let's be honest, since when has a war in a European country had so much influence on the United States?
We are talking about Bitcoin, no Shitcoins
This doesn't make any sense LOL
The price of gold goes up, so perhaps something like this could have been expected in Bitcoin. When things go wrong, countries could use Bitcoin as a store of value.
seomaster5
Elite Member
- Oct 31, 2021
- 5,162
- 1,485
Bitcoin value has fallen many times. But surprising thing is that everytime it came back even more stronger.
imoneyboy1
Power Member
- Jan 29, 2014
- 639
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I don’t think it failed, it just hasn’t exceeded everyone’s expectations. You have to look back on why it was created. I believe perspectives vary depending on when people discovered it.
- Nov 16, 2011
- 19,788
- 11,280
Yes Bitcoin is very volatile but this also means that you can make good money with these movements.
- Mar 22, 2013
- 9,142
- 10,489
Wasnt bitcoin like $3k or $6k 3 years ago?
GhostVision
Elite Member
- Aug 3, 2010
- 2,648
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1 btc = 1 btc ( it is impossible to fail )
Cryptopunk
Regular Member
- Mar 16, 2022
- 307
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Cryptopunk
Regular Member
- Mar 16, 2022
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btc was 4.4k , just 2 years ago , when covid hit. March 2020
Eth was $83 usd
Failed?
Eth was $83 usd
Failed?
ADA Lovelace
Regular Member
- Jan 24, 2021
- 466
- 381
lol, if u wait to go to 0, i hope you have an eternal life
Why was it created? To send transactions without a central system. That's good, but bitcoin not have scalability, not have programmability. Ethereum appeared, and brought programmability, appeared dapps, smart contracts. Now, bitcoin is only a crypto with value because people decided that BTC is valuable. It's like internet, the first website that was created have value, but now we have google, twitter, youtube. We have Avalanche, Cardano, Tezos, Fantom.
So, is only a valuable asset? Well, yes, because community and people still give value to Bitcoin. For me, it is failed if we only consider BTC as only an asset with value. And not as a store of value for example.
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Eupensel
Compromised Account
- Nov 13, 2021
- 139
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Those are just predictions. Nobody really knows the future of Bitcoin right now.
