Post
Topic
Board Speculation
Re: Bitcoin is dead
by
frankenmint
on 18/09/2014, 04:10:06 UTC
Bitcoin is dead:

btc has no value, and it's bubble have busted.

more govs will ban it and people will forget it.

btc will go  to hell

so you register an account to say this??? You know that people have been trying your trick since 2011 to FUD panic sellers into dumping coins on the cheap cheap.

You obviously come from the school of thought that bitcoin is and will only be a speculative instrument for greedy people to get rich from when in fact it is the first tool of its kind designed to allow people to escape the financial constraints imposed by governments.  In many many different cases it also acts as a substantial cost savings to the global remittances market - that market hasn't even used bitcoin in critical mass, and so, to put things quite frankly, the 'real' bubble hasn't even happened yet.  Imagine what happens when big companies like western union start trying to 'buy up all the bitcoin' to dump it in efforts to crash it - streisand effect turned up to the maxx.