“Bitcoin will fail – and change the world” – Welt | $3,348.29

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…this ultimately proves that the digital coins have no future. Bitcoin will fail. This currency will not survive because it has long ceased to serve its original purpose.Rather, it has become a place of completely unleashed speculation, in which criminals and deceivers feel comfortable.

Eulogy made by: Frank Stocker

Source

Ofir Beigel

Owner at 99 Coins ltd.
Blogger and owner of 99Bitcoins. I've been dealing with Bitcoin since the beginning of 2013 and it taught me a lesson in finance that I couldn't get anywhere else on the planet. I'm not a techie, I don't understand "Hashes" and "Protocols", I designed this website with people like myself in mind. My expertise is online marketing and I've dedicated a large portion of 99Bitcoins to Bitcoin marketing.

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3 Comments on "“Bitcoin will fail – and change the world” – Welt | $3,348.29"

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yoyoma
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yoyoma

Welllllll. if it’s a place where criminals and deceivers feel comfortable… wouldn’t that make it a no brainer sure-thing. The world will always have criminals and deceivers… and while I’m not one of them, I can imagine one thing we both have in common is that we like to feel comfortable… Seeing as how bitcoin went from 3300 to about 4600 in the time you wrote this “news article,” I’d say your credibility (more than bitcoins stock) is what’s falling. Just saying….

Sarah S.
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Sarah S.

Hi,
I am new to Bitcoin. So is this your personal opinion about the future of bitcoin? Are you advising against investing in BTC then?

Zsofia Elek
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Zsofia Elek

Hi Sarah, Ofir wrote an article earlier this year about the important things you need to consider before investing into Bitcoin, I suggest you read this one: https://99bitcoins.com/should-i-invest-in-bitcoin-heres-what-you-need-to-know/

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