"Bitcoin Bubble" - sick of it [english & german]
The "Bitcoin Bubble"
English
Most of the people where I live (Germany) want Bitcoin to fail. Almost every day they are talking about a "bubble". I am tired of explaining the same people again and again how awesome blockchain is. That the blockchain technology will one day change the future.
Maybe one day there will be a correction in price, maybe one day another "better" Altcoin will replace Bitcoin, maybe we will see a bloodbath in price for all coins, BUT the blockchain technology will not dissapear!
Blockchain - FROM the people FOR the people
German
Die meisten Leute in meiner Umgebung wollen, dass Bitcoin versagt. Fast jeden Tag reden sie von einer "Blase". Es ist wirklich anstrengend den gleichen Leuten immer und immer wieder von der Blockchain Technologie zu erzählen. Das diese Technologie eines Tages die Zukunft verändern wird.
Vielleicht wird es eines Tages eine Riesenkorrektur geben, vielleicht wird Bitcoin durch einen anderen "besseren" Altcoin ersetzt, vielleicht sehen wir eine Riesenkorrektur von allen Coins, ABER was hier definitiv gesagt werden muss: Letztendlich wird die Blockchain uns erhalten bleiben und wird nicht verschwinden!
Blockchain - VON den Menschen FÜR die Menschen
Btc will become new gold and alts will become new money. Blockchain is the best technology with so manny aplications
Hopefully true ;D
I have a question, what do you think will happen when all (or basically all) the bitcoin have been mined around mid 2020?
personally I think NEM (XEM) is a better payment option. Bitcoin could in theory be an excellent store of value but I think the fees will eventually kill it so to speak.
What are your thought?
If all BTC are mined, the "miner" still get the transaction costs. So this could still motivate them. But due to the high transaction costs, it could be that BTC will be a store of value like gold in real life. There are many options like NEM, Litecoin, Dash etc.
What I believe right now is, that the blockchain technology will still survive and not like the most of the ppl are telling right now: It's a bubble and nothing else. The cryptocurrencies are just "virtual numbers" nothhing else...
That makes sense.
Yeah, there are lots of very cool alt coins which apply the blockchain to many interesting situations! I don't think that the blockchain technology is going anywhere soon :D Unless quantum computing or something similar becomes the norm, but that is probs far away if ever :p
Absolutely agree.
They criticize BTC and blockchain because they just don't know how it works