most people think that "No useful Dapp or any sort of business based on bitcoin or crypto in general that is making a decent amount of revenue except for exchanges and mining hardware companies.!"

If you have to debate with someone about the "real" value of bitcoin. rather than people buying it to sell it for more fiat , what are the proper arguments that you have to use ?

people have already built this kind of immune system against the benefits of Decentralization which is bitcoin strongest weapon.

i mean the average person does not really care about centralization, more than 90% of the world's population, go to work early morning, go home in the evening, get paid by the end of the month and really do not give a fudge whether their money is sitting at the bank or an Exodus wallet as long as they get to spend it.

that average person would buy into a new idea if it has something of a direct change on his life style, i mean if you were to invent a cheap flying car then the whole world would want to have it.

I was trying to promote bitcoin to one of my friends, and he did not seem to be impressed at all, a while later another friend of ours talked about this new product that you  can apply to your penis  and get an instant 0.5 cm extra length and my friend got so excited and said he is going to buy it.

it's not funny i know, but seems like he has got a small one and he needs to fix it. so he THINKS he is got a problem , therefore whatever solution you throw at him is an easy SELL.

but people do not really have any problem with fiat or how govs print money out of thin air. they really do not care as long as they get enough of it .

so what is the real use case that we can plant in these people's heads ? do we have to create a problem that matters to them and then propose bitcoin or crypto  in general to solve that matter?

how do you go about convincing some one into at least believing in bitcoin as appose to buying it. ?

We are seeing more and more exchanges nowadays. Is it beneficial to the community if we have more of these? What do you think are the benefits and/or the negative impact on having too many exchanges?

First block of proof. (I explain, why BTC in current state doesnt have future of 20 or 40 years, when all 21M BTC will be released, It will end much earlier).

It is no secret, that solving blocks is getting more difficult and that is happening in exponential rate.
https://bitinfocharts.com/comparison/bitcoin-difficulty.html

At the same time, profitability of mining vanishes into zero. It has ROI negative in most of countries already.
https://bitinfocharts.com/comparison/bitcoin-mining_profitability.html

At the same time Hash rate grows and grows.
https://bitinfocharts.com/comparison/bitcoin-hashrate.html

Its a common myth here, that vanishing profitability of mining is covered by transaction fees, but that is far from being true.

https://bitcoinfees.info/

Conclusion: mining is getting more and more pointless and that is happening in furious pace!

The current situation is definately pretty dangerous as USA has the biggest debt of all countries in the world and at the same time is one of the strongest economies. If the situation persists and dollars will be printed like toilet paper, we might see a tremendous financial crush and cryptocurrencies might be a safe heaven.

People start discussing updates here even as soon as the dev mentions them in slack. It doesn't matter where they are reported because supporters rapidly start discussing them in all Sirius's social media channels.

seriously if the bounty companies starts paying in eth or btc, it will really make a whole lot of sense, it will make bounty to be so lucrative and because you will be sure of what you are getting, most times you will get tokens worth thousands of dollars in bounty token but when it hits market, the price will be worthless.

What is the collateral behind Bitcoin?Like in case of Fixed deposits Money deposited acts as a collateral.In case of a car loan Car acts as a collateral.Likewise what is collateral behind Bitcoin? BTCBTC

Bounty Participant have to register? You mean KYC?

Bitcoin is old, outdated, slow and uses too much energy. The price will soon be brought down to a level where miners will abandon it. Prices will continue to be kept lower due to CME futures.

those who made profits in 2017 if they would have sold the coins in feb itself they would have made 3 times profits in selling and again buying so hodl wont work in all instances

yes we are also having plan with Big exchange.

Most of the world's population is still out and it will remain so.

Crypto is still a thing for a selected few, not for the masses.

And as long as we keep on having people supporting scam ICOs, we will never have global acceptance because crypto will have a bad reputation.

That's hilarious. 2x extra is an instant money out of an active for just any qualified investoe. You did the right thing, lucky you)

That is a very good way of seeing things. As a matter of fact, savvy miners are the ones who have these kinds of answers. Do you think It is overbought or under-sold?

I also have never dared to try to mine. Some of my friends talk that we should also be careful in mine because there are too many scams and rarely verified.

This thread is one of my favourite threads. It just proves how money isn't important at all and cryptomarkets are open to anything. OP thought he lost money but now everything is recovered.

Do you think Bitcoin or Bitcoincash could spike suddenly, say go up 50% to 200% within a week in the next few months?