Bitcoin Forum

I'm seeing a lot of FUD here as the price goes up. Keep squirming you greasy corrupt bastards, we're moving forward!

there is always FUD. honey badger dont care.

there has to be fud. it allows smart people to buy the coins from panic sellers. people should just research stuff they read instead of believing bullshit written to cause panic.

Honestly I am very confused I don't know what to belive anymore. Transaction spamming, bitcoin XT, not trust incoming transactions until they have ~30 confirmations plus fork here and fork there. So confused  ???

im in the same boat as well  ???

I've been here for a couple years or so and there's always have been a lot of FUD, I think this is where I learned that expression, bitcoin has been moving forward since its inception and it will continue to do so, well, probably. :D

Yes, I agree.  Very confusing.

My understanding is as follows:

1. There is some consensus to raise the blocksize limit.  Something like "2 weeks after 75% of the hashing power signs a message"
to accept X MB blocks, Bitcoin core will update to do that.  I'm not sure where we are in the process.  But if you look at
a lot of the recent blocks, many are close to the 1MB, but not over, so it clearly hasn't happened yet.

2. There has been transaction stress tests but they haven't slowed down Bitcoin that much, except to push us against
the 1MB limit which are close to anyway.  The current spam rules are ok.

3. There was a recent blockchain fork due to SPV mining, which there is no good proposal for right now
to my knowledge, which can make incoming transactions more risky to accept, so if you're not running
your own node, it is suggested to wait 30 confirmations to make sure you're not relying on a faulty SPV.
This is unfortunate, but hopefully can be remedied at some point in the near future.

That's just my limited perspective take on it.  Someone more knowledgable should confirm/correct this.

with an Activity of 19 that is normal  :) . stop worrying, start reading and learning about BTC and stop looking (only) at the price.

Good point. Usually when the price goes up the topics on here brighten up. People forget the bad stuff and start asking who Satoshi is!

Seems they are so stuck on the blockchain problems that they haven't even noticed the price surge!

Good things come when the FUD is around price is at 301 currently, next wave for Fud will push it to 310 at lease, so FUD is good for your body it keeps the mind healthy and fresh.

What FUD? All I see is FOMO

Indeed

what i like about the current rise in price, is that it's like its not giving a fuck about what happened about the blockchain split and tx spam, i was expecting that the price would have been decreased but it wasn't the case like with the "gavincoin issue"

True.. People finally realize they wint be able to buy for 230 again, ever.. Now they are all scrambling for the final sub 300 pieces.

I dont see a reason to panic buy, we seen this 310 before then once it go there some stupid greedy person dumped it and land it at 250

FUD is linked to price... people talk smack when it goes down and they keep talking smack when it goes up again.

Just ignore all the noise going on, and look at the bigger picture. We have something with value and people scrambling to get a piece of it. The Bitcoins being released will soon

be halved, and that would make it more rare. The amount that would be released is also known... So you know it will stay rare, until the last Bitcoin is released.

Stay focused on collecting it.. not on the people who are making the noise to distract others.  ;) 

there has always been FUD and always will be, we should learn to decide on our own and based on our own knowledge and understanding of the market. not what some random person on the internet claims.
the funny thing is that trolls will spread their FUD no matter if price is going up or down, they just swim against the tide.


do you think the stress test (attacks) and the block size related?
i mean are they trying to force the increase?

If you are here for long term, 210 or 310 doesn't matter, just enter the market already and hold, otherwise you will end up doing stupid because it's unavoidable, it's a odds game and you always end up getting caught panic buys and sells cycles.

Much like the price, this is something people can only speculate about.  Everyone has their own motives and I doubt we'll ever be able to know for sure what the real reason is for the stress tests.  Perhaps it is purely scientific, to see how the network reacts, or perhaps there's some other agenda at play and it's to prove a point.  There's no denying that the consequences of the test have got more people talking about the issue, but how much of that discussion is actually constructive is another matter, heh.  If anything, it only seems to be reinforcing and entrenching people's previously held stances.  Those that support 1MB say that the transactions with the highest fees are still making it through, which proves the system works.  Those that support a larger blocksize say this proves 1MB isn't sustainable and will lead to a two-tier service and Bitcoin becoming a niche for a small minority, rather than an open system that's available to everyone.  It won't be sustainable because the network will need to generate more in fees as the block reward diminishes over time and limiting the blocksize also limits the quantity of fees that can be collected.  Everyone agrees it has to scale, but few can agree on how yet.

Bitcoin is the bleeding edge. It's the place where problems are getting found, and (hopefully!) solved.

No other cryptocurrency is being battle tested like this.

That's a bit of a strech. Some people just want blocksize increace without even know why... they just want it

Where is the article that you find their are lot using FUD against Bitcoin, is it your just presumption or you have any facts to explain, come on man, just by discussing about Bitcoin transactions failure and delay we cannot call it as FUD.

While i like to remain positive and see the price pushing forward, i just hope it will stay that way. Despite all the uncertainties about the block size and the hype surrounding the direction we are heading, it seems that this haven't really being reflected onto the price which by right should be negative. But never mind, let's just see how it goes from here.

just pay a visit to speculation section and check out the topics there for the last month, you'll see what he is talking about.


thanks for explaining
i personally believe that these actions are way pass testing purposes and they are more of an attack, as you pointed out it is not still clear what the purpose behind it all is .

We are firmly recovering after an insane 1.2K crash all the way back 150, don't you see we've been going up since then? Bitcoin is recovering where any other asset would be heading to 0 as we speak. This proves that anyone in Bitcoin should have a very long term approach, this thing is as resilient as TCP/IP, it simply will not go away. Deal with it FUDsters.

It will be very interesting to see.

The current price is a good sign but many are worried about the unconfirmed transactions due to many spam TXs these days and even since I am using Blockchain, I thought my transaction won't get confirmed with 0.0001 fee won't get confirmed but it was confirmed within an hour. The negativity is just too much since few days.

We are in the part where leonidas kicks the dude down the big pit of death or a hole, this is Bitcoin have fun fudders!!!

Kick those persians FUD'ers into the pit!  :D

(Pretty hot queen that spartan king got himself).