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Like I explained before. Everyone is using youtube, you can go create something very similar but if not enough people is using it, it has little value. Bitcoin has numerous forks, but most of bitcoin forks are of little value as of now which is contrary of what you predicted that it should be...

Its value is that it is limited and can be used to send money anywhere without a third party and its divisible too(Unlike say gold). Creating another coin isn't bitcoin so it won't have the same success. Its like anyone can setup a facebook or youtube copycat site, but it won't be facebook or...

You didn't define how long is long to give yourself a leeway if you are wrong. As to whether bitcoin will be overtaken. Even if it is overtaken in market cap, I still think it will be the top few cryptos by virtue of being the "godfather" of all coins and most well known. Bitcoin also acts as...

Do they use these coins to purchase items from their vendors only or can it be used as currency to send from one facebook user to another? Its very likely the former which I dont think it will take away bitcoin's use case.

Whether they will use it is another case. Venezuela government issued petro cryptocurrency, yet venezuelans still flock to bitcoin.

I don't agree with your view. A ponzi does not have any product or value except getting the first few investors rich. Bitcoin has actual intrisic value. Also, care to explain your contradictory statements? You said no replaceable assets in history (zero, never ever happened before) including...

It actually wont make any sense for me as if I really do believe btc will reach 20k (Which I do) buying it now will give 5x returns. It was just against Pekelo.

Initially, you said no replaceable assets including bitcoin has remained at a high price for long in all of history. Zero zilch nada, not even a single one.Then when asked to define a low price, you said 3 digits. This statement would imply that with 100% certainty bitcoin would fall sub 1k. I...

@Pekelo Talk is cheap. Anyone can say anything if there is no repercussions, but when money is involved they aren't so sure of their convictions. I am going to put my money where my mouth is and im willing to bet with you $1k USD that bitcoin would reach 20k USD first before 1k USD. You up for...

You said no other easily replaceable asset(Bitcoin included according to you) has stayed up price for a long time, but when asked to give a timeframe when it will reach a low price of less than 1k (low price according to you too) you are unable to say for sure. In my opinion, it is extremely...

There are specific uses for specific coins. But you could be right in a way that bitcoin will lose more of its market share, but its overall market cap will grow much larger. Total cryptocurrency market is tiny right now, it is projected to reach in the trillions years to come. As to whether...

There are like 3000+ cryptos around but only bitcoin and a few others have a significant market cap. So your point about it being replaceable is moot. If its that easily replaceable it would have been replaced in its 10 years history. 19k seems expensive now, but it will seem cheap when prices...

1. So are you saying crypto will survive but bitcoin won't? Cause more the likely bitcoin will be the one to stay. I can see it losing more of its market share but it will still be the top few. 2. Yes. But you are going against the odds that you are right. More than likely the big company will...

Samsung S10 will have a built in crypto wallet. So yeah, you the individual think he knows better on crypto adoption then the leading smartphone company...hmm...:rolleyes:

At first you were using fees and transaction times as part of your winning argument. But then after being rebutted flatly, you changed your tune to them being "inconsequential". Also, like I have said, it is impossible to get hacked if you store your private keys securely. Litecoin has been...

Yes, they can have a bank account. But, if the bank decides not to let you have your money like in the Greek financial crisis. Good luck. There are far more people who loss money from fiat devaluation. Since 1913 the USD has devalued more than 96%. The whole world is not EU. Someone send...

I can tell you most of the exchange hacks are just convenient excuses for the CEO to abscond the money. Like the recent case of the Quadrigacx CEO who suppossedly "died" with the private keys to $190 million worth of crypto. Like for real?

Im willing to bet 90% of the exchange "hacks" are just the CEOs absconding with the money. Or they gambled with the clients money to profit more but loss more as a result and blame it on hack.

I think its intrisic value is its ability to send money all over the world at low costs without a need for a third party and that it is very limited and will continue to grow. Bitcoin is a very liquid market. So its monetary value its whatever its traded on the market, which is close to $4k as...

Makes a thread about discovering the holy grail but doesn't give any details whatsoever. Seems more like a self-promoting thread.