Post
Topic
Board Bitcoin Discussion
Re: how strong is bitcoin really?
by
Michel de Montaigne
on 02/04/2017, 23:37:12 UTC

nothing is perfect in this world, but if it happens, it will take a very long time, when they tried to hack her, the bitcoin users also fix all the weaknesses that exist within bitcoin, all of this has always kept a continuous
well bitcoin seems to be perfect currency right now, but it has to be updated from time to time, because the thing that is not evolving with time is going to be replaced by something else, like cash is going to be replaced by bitcoins

Well if you see how bitcoin crashed 2 times in 1 month you can see it's not very strong. Then we have the blocksize debate where parties are not seeming to agree what needs to happen

That could hardly be called a crash

A genuine crash should persist at least for some time. What we have seen (especially the first time) looked more like a manipulated attempt to instigate a panic selling. While this attempt certainly succeeded at some point, the market was quick to find out what's going on and the second time panic selling didn't even start for real (despite the fact that the reason for it should have produced more severe decline). The very fact that Bitcoin is skyrocketing right now tells much about how manipulated these so-called crashes were

Bitcoin is still an experimental work. So it is necessary to keep this in mind when assessing the bitcoin. It is not a seated system like traditional money systems. So the price fluctuations are very normal. It is very important to be able to act calmly in dump and pump situations.