Quote from: Norway on July 30, 2015, 11:39:17 PM

Quote from: GaliX on July 30, 2015, 11:29:48 PM

Quote from: Norway on July 30, 2015, 11:24:47 PM

Quote from: GaliX on July 30, 2015, 11:15:18 PM

Quote from: Hfertig on July 30, 2015, 09:39:12 PM

Quote from: inca on July 30, 2015, 09:31:26 PM

Quote from: Hfertig on July 30, 2015, 09:26:12 PM

bfxdata.com

Haha. Pull the other one.

there is a whole list... just to mention some.

slow confirmations
blocksize
energy consumption
outdated blockchain tech
banks dont give a damn
bad reputation
usage is down
regulatory issues on exchanges
scams everywhere

blockchain is the future, but Bitcoin itself has no intrinsic value and its price is purely based on speculation.

I kinda agree with you... When I started learning about Bitcoin I was also like: "Fuck this is going to take over the hole universe, here you have all my worthless FIAT money..."

But the more you understand the world around bitcoin, the more you should become disillusioned about bitcoin as a competitor to the traditional finance system. It is maybe better for a online payment system... But there is no REAL problem with the traditional Kredit-Card / PayPal /Skrill / SEPA system...

Sure Bitcoin is currently cheaper from a retailer point of view but someone has to pay the system in order to maintain it. I mean if you leave out the Blockreward subvention a TX would cost about 50$...

The only real feature I am still exiting about is the blockchain itself and the potential behind it. That's also the reason why I am looking forward for Etherum because it seems like a much further looking system with much more potential use behind it. I am not an Etherum fanboy neither I am a religious Bitcoin perma-Bull anymore...

Future will tell what was the right decision.. Bitcoins could have had a top we will never reach again the price is purely speculative driven, there is no real demand for bitcoin still..

All I can say be careful with your money... It may seems like it's 108% sure that Bitcoin will go to 100 Million Trillion $ somewhen if you follow this forum or even the reddit subred. But the blind people will in the end pay the bill....

Get out of bitcoin if you don't have the stomach to hodl strong over time Wink

I don't even care if the price goes up or down... You can make the same money on both ways...

That is true in short time speculation... if you can predict the short time future... which I can't, lacking a crystal ball...

Hands down crypto is the future. Bitcoin is digital gold. Think logically everyone. Who knows what Crypto will become the standard for day to day transactions but Bitcoin is here to stay and the price will rise. We need to work together as a family and decentralize everything. We have to think outside of the box of things that seem impossible. Right now I am trying to figure out if it is possible to create a decentralized cellphone network? So we no longer have to rely on cell phone companies any longer etc... Check this coin out. Very interesting development out of china...downloaded the wallet and never seen anything like it.

https://bitcointalk.org/index.php?topic=789961.0
NEW WEBSITE: http://www.bitnet.wang (SWITCH TO ENGLISH)
http://coinmarketcap.com/currencies/vpncoin/

It has a built in VOIP system and IRC and many other neat features. With a decentralized exchange coming. It is a civilian made Tor... I am just trying to figure out what else they could do. There are a ton of bright minds on this thread so the more people involved the better! Also anyone who can speak Chinese + English fluently it is much needed as there is a language barrier between us and the dev.