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+--- Thread: Bitcoin will fail (/showthread.php?tid=2350)
Bitcoin will fail - Steven G. - 03-13-2014
I heard of bitcoin a while back and I have to say that I don't think it'll survive for too much longer. It's doing great right now, but this is currently just a trend, there's no saying when the currency will die out, or when something horrible bad goes wrong. Bitcoin faces more danger than it can win I believe. What do you think?
RE: Bitcoin will fail - Cameron - 03-18-2014
It depends really. I think it's going to stick around for quite a while, but the truth is, is that bitcoin could fail any day. If someone was to steal bitcoins, then the market goes crazy. If any bitcoins are lost, profits I imagine would be lost and become lower.
I don't know enough on bitcoins though, so I can't say.
RE: Bitcoin will fail - Fremont - 03-23-2014
I think it'll be around for quite some time yet. I mean, it's so popular and the price per coin is outrageously huge, so it will continue to either grow or stay at the price it is now. I never invested in them myself, and I wouldn't even know where to begin, but I would like to give it a try one of these days. It seems very appealing to me.
RE: Bitcoin will fail - Randy - 03-28-2014
There's a chance that Bitcoin will stick around for a lot longer then everyone expected. I think they have too much momentum right now, and plus, whoever is utilizing this venture, is making a lot of money. I sure wish I knew how to mine for Bitcoins, which is considered a very tough of a job. That's how some people get paid.
RE: Bitcoin will fail - LeROY - 03-29-2014
I have this feeling that it'll stay with us forever, and the US government will control it at some point, just watch. I just think that Bitcoin will one day be up there with paper currency and other forms of currency like credit cards and debit cards. You wait and see. I hope the government doesn't control it like I said though, that'd be horrible.