Bitcoin 'doesn't pass the smell test'?

Nov 2012
17,269
5,678
Michigan
#3
I was thinking today , what is the future of bitcoin?

Of course, at some point there will be a collapse of the value in dollar terms, but what then?

I think at some point Walmart or some other major retailer will start their own digital currency. It will have a minimum value with that retailer and likely offer special sales and discounts for using their currency.

Overtime exchanges of digital coin beyond the retailer will become common making the digital coin a viable currency
 
Jul 2014
14,706
8,965
massachusetts
#4
I was thinking today , what is the future of bitcoin?

Of course, at some point there will be a collapse of the value in dollar terms, but what then?

I think at some point Walmart or some other major retailer will start their own digital currency. It will have a minimum value with that retailer and likely offer special sales and discounts for using their currency.

Overtime exchanges of digital coin beyond the retailer will become common making the digital coin a viable currency
It's backed by nothing and by no one, except the hope that a greater fool than you will pay you more than you paid for it, and the hope that it will be there on the exchange where you purchased it, and the fervent hope that the exchange will be there.

Eventually it will be worth nothing.
 
Likes: 1 person
Jan 2015
3,497
2,215
MD
#5
Bitcoin is another bubble like the dot-com bubble and the mortgage bubble. All of these things burst, and it won't be pretty.
 
Apr 2018
25
4
Ukraine
#6
I've heard that in many countries there is no access to casinos because of the government ban. In the US, too, sometimes with this severely, but you can get around the law if you play blackjack with BTC. Bitcoins are not considered as currencies in the government of absolutely all countries, so the laws do not apply to casinos with cryptocurrency. This is a good opportunity for all fans of banned in their country blackjack :)
 
Apr 2018
25
4
Ukraine
#8
On the Internet, a lot of news about hacking bitcoins. I did not even think that they could be hacked. Tell me, what do you do to protect your coins? I really want to try a mixer for coins https://bestmixer.io/. Maybe I should start with a small amount?
 
May 2018
960
77
East Coast Of U.S.A.
#9
I think at some point Walmart or some other major retailer will start their own digital currency.
To webguy4: You might be right! Walmart could start printing T.C.s. I always said Bitcoin got the idea from The Furies:

Bitcoin was always worth less than fictional T.C.s. Watch this 1950 movie if you do not know what a T.C. is. If you do not want to watch the entire movie fast forward to near the end and watch T.C. Jeffords burn a trunk full of T.C.s. before he gets shot.​


http://defendingthetruth.com/economics/66304-gullibility-addiction-s-prime-move.html#post1171652
 
Nov 2012
40,770
11,756
Lebanon, TN
#10
Hahahaha

They have been saying shit like that for years
Yes they have.. and they are Right. Just like they found out the Wizard was a little man behind a Curtin There is NOTHING backing Bitcoins it is no different than beanie babies. (They were worth thousands a few years ago)
 
Likes: 1 person

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