Post
Topic
Board Economics
Re: Is bitcoin dead?
by
operrajunk74
on 08/05/2015, 19:40:10 UTC
No neither its dead nor dying. Bitcoin has a great future and it will grow its value in coming years Once the Government start accepting as a currency it will grow more and that would directly increase its value so i don't think its dying for next 15 to 20 years atleast.

But how are you so sure that government will acppeted our bitcoin is this world? There is so many things that they must do before they are going to aceppt it and I dont think they will do that. There is fiat that government control so I dont think its value will rise with this kind of way

That's the problem we are facing that Government will not accept the bitcoin as currency. It's really difficult to believe that Government will accept it as its an threat for an fiat money and banking system so lets what future is going to offer us is it bitcoin or fiat?

I dont think I get you word. But what I know is we just can wait for the best, may be government will came out with new regulation about bitcoin that profitable to us. Why not we going for it? For noww we just can save or earn as many as bitcoin we have and make it alive not let it dying

Yeah believing in the best we can think positive that Government gives full support to bitcoin and start adopting and accepting it as a currency. Need to have patience and preserve the bitcoins for the future and can trade when the right time and right value is offered.

You cannot simply afford to blame Governments everytime. You should blame the media for this once the adoption is increased bitcoin will regain its value and i don't think its dead all countries will start accepting it then it would definitely regain its position.