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Bitcoin: When Manias End

Discussion in 'CryptoCurrency' started by Asif WILSON Khan, Sep 19, 2018.

  1. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Jr. VIP

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  2. TheVigilante

    TheVigilante Jr. VIP Jr. VIP

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  3. Neon

    Neon Jr. VIP Jr. VIP

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    BTC will go to the moon, HODL, keEp BeLiEvinG

    SMINEM THE SAVIOR WILL BRING BACK THE BULL MARKET

    [​IMG]
     
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  4. redjebo

    redjebo Junior Member

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    Can't consciously disagree with anything in the article, it's just one of the multiple ways of looking at this reflexive bubble/unintended ponzi that crypto is. The guy is right on the money, though there are many other arguments to be made why crypto is total BS.
     
  5. mickyfu

    mickyfu Jr. VIP Jr. VIP

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    Bitcoin is the future cause it's really fast innit. Just a shame you have to buy Bitcoin with that really slow fiat so that you can use Bitcoin to buy things really fast innit.

    An another fing wiv Bitcoin is it solves loads of dem none existent problems that u have buying fings wiv shitty dollers.

    My favourite Alt Coin is Dent. It's the reason I got sacked from work. I needed top my phone up to ring my boss and tell him I no coming in work, and I thought yeah I'll do it with dent. Fing is I needed to buy Bitcoin with me shitty dollers, that took two days. The I converted my Bitcoins to Dent, took me two days, then I top me phone up and ring my boss four days late. Proper problem solving that dent shit. Only problem now is I've got go sign on.
     
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    Last edited: Sep 19, 2018
  6. tb303

    tb303 Senior Member

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    All that article really says is gold is a safer bet than bitcoin. Can't really disagree with that.

    The jibe at the end about bitcoin being a line of code is telling though.
     
  7. Xuuum

    Xuuum Registered Member

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    I've been in crypto for like 3 or 4 years and I've read countless articles like this. And 100% of the times it was proven wrong. I think there was a link somewhere that showed how many times bitcoin was declared dead, and i think the counter is well over 1k. Blockchain is a billion dollar industry now, and I don't think it is going away anytime soon.
     
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  8. blogzandstuff

    blogzandstuff Elite Member

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    Don't kyptyokiddies like being rebels, hate the banking system, want to be anonymous and then cash in and deposit into there bank account to buy things with? Sort of defeating the object. ( cue death threats )
     
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  9. ZionIce

    ZionIce Jr. VIP Jr. VIP

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    If you agree with the article please explain why. lol
     
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  10. mickyfu

    mickyfu Jr. VIP Jr. VIP

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    Yer jus fukin stoopid cuz therz a garage somewhere in America wer u can buy cars with Bitcoin. And some lad bought a pizza wiv Bitcoin. So you no nofink
     
  11. Grimasaur

    Grimasaur Junior Member

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    I honestly think that the only value of btc is being the father of crypto and that people recognice it, but as a currency its garbage, i like much more NANO as a currency wich i actually want tonuse and think it would be nice to use
     
  12. redjebo

    redjebo Junior Member

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    Gold is the same flawed concept as crypto except it has tradition working in it's favor and it has some physical applications irl. In the end we can as well come to digital currencies replacing fiats, it's just that it won't be remotely similar to the ridiculous concept btc or any other current day crypto currency proposes.
     
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    Last edited: Sep 19, 2018
  13. jazzc

    jazzc Moderator Staff Member Moderator Jr. VIP

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    The whole article can be summed up to "I think bitcoin is dead". There is nothing else to it, no substance. So, there isn't even anything to argue against :D
     
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  14. redjebo

    redjebo Junior Member

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    Bringing "blockchain" where crypto currencies future/value is discussed is a moot point. One doesn't has to have anything to do with the other. Not to mention that blockchain is nowhere near to be a certain winner in future tech applications, not even close.
     
  15. jazzc

    jazzc Moderator Staff Member Moderator Jr. VIP

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    This is wrong.

    From the one side, there's no crypto without the blockchain.
    From the other side, a block chain is a relatively simple structure but becomes amazingly interesting once you couple incentive and immutability to it.
     
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  16. Floopa75

    Floopa75 Jr. VIP Jr. VIP

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    BTC won't go below $6k ever again.

    Screenshot this
     
  17. redjebo

    redjebo Junior Member

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    So wrong.
    There are crypto without blockchain and
    making it interesting via incentive isn't foolproof way to success.
    While it is a simple structure it is in no way bound to crypto, the idea precedes crypto by far, but more importantly it turn out to be a shitty idea after all with many limitations and flaws.
     
  18. jazzc

    jazzc Moderator Staff Member Moderator Jr. VIP

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    It's not even up for a debate. You need to get technical if you want to forge opinions on technical issues. I'm not saying that without being technical you can't have an opinion on the valuation of the cryptocurrencies (i.e. as a product) but it's a completely different story once someone wants to open the tech box beneath them.
     
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  19. jazzc

    jazzc Moderator Staff Member Moderator Jr. VIP

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    Are you a betting person, by any chance? :)
     
  20. redjebo

    redjebo Junior Member

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    I don't seem to have issues with the "tech box beneath them" it's not a rocket science.
    But... are you saying there ISN'T non-blockchain cryptos or that there AREN'T issues with blockchain that can be solved by another concepts?