05-06-2015, 06:47 PM
Absolutely, time will tell.
Bitcoins (and all alternate currencies) are a threat to the banking systems. Do you think any government will blindly take in losses and let bitcoin "slide" . I am not predicting bitcoin will die cos I know bitcoin is dead. NASDAQ Sweden approved bitcoin? Let's see how long that's gonna last.
Any technology you claim to be superior is nothing when there are powerful people in the government who will not net bitcoin become mainstream.
As I said before, please do consult a financial advisor before investing any more of you hard earned dollars into these alternative currencies.
It's over guys, am telling you, do not waste your hard earned money over an investment that will lead to huge losses.
Bitcoins (and all alternate currencies) are a threat to the banking systems. Do you think any government will blindly take in losses and let bitcoin "slide" . I am not predicting bitcoin will die cos I know bitcoin is dead. NASDAQ Sweden approved bitcoin? Let's see how long that's gonna last.
Any technology you claim to be superior is nothing when there are powerful people in the government who will not net bitcoin become mainstream.
As I said before, please do consult a financial advisor before investing any more of you hard earned dollars into these alternative currencies.
It's over guys, am telling you, do not waste your hard earned money over an investment that will lead to huge losses.
(05-06-2015 05:30 PM)dead_leg Wrote: [ -> ](05-06-2015 12:04 AM)bosslabs Wrote: [ -> ]NeoWarez,
Trust me man, no technology is great than a government who are hell bent on making alternate coins obsolete. Why do you think there is lots of sellers and no more buyers for alternate coins.
Please consult any economist before swearing your faith on these alternate currencies. The "trend" has passed, everyone knows it but the people with lot of bitcoins in their wallet will not accept the truth.
Game over, cut your losses and move on guys. Think, and you will see it.
(05-05-2015 07:37 PM)NeoWarez Wrote: [ -> ]Hi bosslabs,
(05-05-2015 01:58 AM)bosslabs Wrote: [ -> ]Bro, bit coin and other alternate shit coins are all going down. Did you actually see by how much bitcoins fell in value recently? Everyone is trying to get rid of their bit coins. Do not buy bit coins , as no government in the world is recognizing them as a legit means of trading value.
Do not buy bit coins or any other alternate shit coins. People will tell you to buy and show you the $$ signs as they are desperate to get rid of their shit.
Do not lose money guys with this non-sense.
Your evaluation of Bitcoin is utter nonsense. Bitcoin is here to stay.
There are also other Technologies evolving around the Blockchain technology that will literally change the world.
It is true that the value of Bitcoin has fallen the last couple of months but so did the Euro.
Bitcoin is a relatively new currency and technology. Even the big players in banks and also Paypal are evaluating how to integrate bitcoins in their product portfolio.
Everybody who is invested in bitcoins is in for the long haul not for short time profits.
have a nice time,
NeoWarez
That's a rather simplified view you have of Bitcoins . You are talking as if Bitcoin is some kind of ponzi scheme . Are you claiming it is ?
You are also ignoring the greatest asset of this technology, which is in fact the blockchain, and bitcoin in principle is just the first application on top of the blockchain.
You also claim that no one except bag holders i.e sellers are still interested in bitcoins or the tech that underpins the network .
Just out of interest are you aware that this year alone organisations such as Circle Internet Financial, which is a Boston-based bitcoin startup, has raised $50 million with Goldman Sachs . Together they are exploring the usage of digital currency technology as a way of providing more effective financial solutions for their investors.
NASDAQ Sweden, has recently approved Bitcoin Tracker One, an Exchange Traded Note which is designed to provide investors with access to the returns of the USD per bitcoin. i.e it has been authorized by Sweden’s financial supervisory authority
Also, look into the New York’s BitLicence, for more proof of blue-chip/institutional investments going on behind the scenes .
Overstock plans to issue bitcoin-like stocks.They are one of the worlds largest online retailers and they have filed a prospectus with the Securities and Exchange Commission, seeking to issue up to $500 million in stocks that will be regulated by a bitcoin network.
No disrespect, but neither me or you have any idea of what the future holds in regards to disruptive new financial tools/technologies, and to use blanket statements such as, "The trend has passed" and "Game over" cut your losses and move on guys"
Makes you sound extremely knee jerk and short sighted.
As was previously mentioned there are a lot of extremely talented tech companies and asset rich investors heavily invested in the success of bitcoin and the underlying tech beneath it ....
Time will tell which one of us is wrong .
