Post
Topic
Board Bitcoin Discussion
Re: Do you sometimes think Bitcoin will fail?
by
gondel
on 21/06/2014, 10:46:10 UTC
I am normally optimistic, but not in a good mood right now.
BTC is too hard for common people....Too risky....Confirmations sometimes take way too long....Competing with powerful forces in banking and Gov't....Bad rep in the media....child porn....gambling...drugs....51%.........blah, blah...
Do you sometimes think Bitcoin will fail?

Please be honest, that's all.


Edit:
Confirmations sometimes take Wwwaaaaaaaaaaayyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy too long
The last block was 38 minutes ago and that is "not ready for prime time" or usable in the real world......We are delusional, this thing is not working!!   Shocked


Of course it will in the end. Everything has its time
Why do you think so?
Most of the great books and paintings for example will never loose their value, but will gain more an more value in them. The problem here is that BTC is the first p2p currency and there wil be lot better coin invented which will bring lot more things to the world. BTW I am both scared and excited every day when i first check my wallet and the price of BTC Smiley It is a big gamble.
BR
Gondel