Bitcoin Forum

With many issues targeting the topic that Bitcoin is presently struggling many misconceptions come at hand that claims Bitcoin is a Failure. It is true that bitcoin is still young but as it grow old in the market, technology is adjusting to cope up with the recent problems that bitcoin is facing. Bitcoin has not yet seen its full potential we can only declare it as a failure if it go bankrupt.

Do not listen to the fiat/alt coin shills, they will say anything to push Bitcoin down. There is nothing that cannot be changed to improve Bitcoin, it is a piece of code after all. The only difficult part, is to reach consensus about these changes and when to apply them. < SegWit vs Classic debate >

You will always have people pissing in the wind, and telling people it's raining. ^smile^

One of the bitcoin core member that quit said so, though the intent of the statement somehow is debatable.  This guy have project with bank if im not mistaken.  Probably it has something to do with his project or probably not.  But if you consider the structure of BTC tech, there are flaws on coding that they need to patch.  Anyway, If we consider Bitcoin  economy, I don't think BTC is a failure at this point.  Everyday more and more people are adopting Bitcoin.

Uhh, no. Seeing what bitcoin did to the current financial scene, it can't be considered to be a failure but rather a success even in its infancy. Also, it greatly helped people with restrictions on their respective countries gain access into buying things which they cannot, another plus to the economy, I'd say.

I laugh those who say that Bitcoin is a failure, a scam, a pyramid and so on.
The same happened with the Internet at its beginning. Many people do not understand it, did not see any sense in it, and certainly could not think what to expect in the future. So it is now with Bitcoins. He is still developing, people are looking for him, so long as make such conclusions.

Bitcoin is a failure? of course no .. BTC is king  in the crypto world it is in the first place   in last 7 years and is strong coin ..  so from my view it is not fallure and wil be stable long time ....

Correct. There's a fallacy called personal incredulity which is often the case with people. I've seen a lot of nonsense online when it comes to comments about Bitcoin (e.g. "Bitcoin is corrupted by the government" - one of the recent ones). It is obvious for any fellow 'Bitcoiner' who has a decent understanding that they have no clue what they're talking about.

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Most of the people are sheep and easily manipulated by the media (unfortunately this is true even for many 'Bitcoiners'). I'm actually very surprised how nobody managed to mention the website that keeps track of how many times Bitcoin "has died": Bitcoin has died 106 times (https://99bitcoins.com/bitcoinobituaries/).

I think bitcoin is revolution to financial system so lots of banks and entity don't like its concept of decentralization as that can ruin how banks are getting profit out of others money and paypal like processor can die because they just love the heavy fee they get on every transactions. Bitcoin will never die, will come up being more stronger with every new challenge.

It would be nice if you could post some examples of this, maybe some articles that mention it?
A few years ago there were indeed some people who were highly sceptical of Bitcoin, but it seems to me that criticism has died down a little.

Besides, it's pointless to discuss this, just with the anecdotal evidence you have provided.

bitcoin may have many problems on its way to success but this doesn't mean failiure at all. bitcoin is a new technology and anything new needs time to fix problems before becoming the perfect thing.

Bitcoin is never a failure, as you can see bitcoin still become the main coin compare to other crypto currency, so its proved that bitcoin is still at the top
Its just an envy person who keep on spreading false rumor to take bitcoin down

Well said. But how general bitcoin crowd can believe in bitcoin when sometimes even core developers are refusing to back it up?
I am talking here about Mike Hearn's rage quit. Imagine this situation - some newbie just joined bitcoin hype train, just to see that one of bitcoin developers is telling people that bitcoin is 'a failed experiment'.

bitcoin is a like a freight train to the future. people are gonna ride it expecting it to arrive soon, grow frustrated and get off and then a new bunch of passengers join the ride. No matter who's on it, it'll keep on rolling and won't stop for anything.

this ain't some new refinement on an old product that can pick up quickly and become a new craze. it's a fundamental rethink of a massively important thing. change of that magnitude don't fit the average human's attention span or patience.

Who is saying that Bitcoin is a failure? I don't know of any reputable source claiming that. Maybe it's the bigblock-fanatics making this claim? Well, those have been screaming for a while... if their predictions would have been true, the Bitcoin network should have collapsed months ago...

Despite the utterances of some XT/ClassicCoin altcoin shills trolling the Bitcoin forum, Bitcoin is stronger than ever! The number of transactions is constantly increasing and true innovations are being deployed at Bitcoin Core that will increase efficiency and security of the network. Also, the public perception of Bitcoin has improved somewhat - at least to such a degree, that banks want to create their own Bitcoin copies... :D

ya.ya.yo!

Bitcoin can only improve.There will be some flaws,but this is normal.

I`m surprised that there are still people who claim that bitcoin is a failure.BTC is strong and growing.

Maybe some altcoin creators/promoters spread rumors that btc is dying in order to make some altcoins

more popular.

BTC is something unique. What else  can cost such an amount of money? I suppose it is definitely not a failure

Bitcoin is adready a great success and it will rise more and more in the upcoming time...
There is not a single reason to say bitcoin is a failure

How do You show me a potential of Bitconin with No Internet, No Smartphone and No PC?
Cash have no problems in this conditions.

Cash work even with Black Out case.

Bitcoin is looking better than ever, and this is starting to translate in the price again. Core is doing an excellent job, moon is the only place to go, but I guess some people never learn to buy and shut up.

Exactly, negative people will always be busy in spreading negatives related to bitcoin and bitcoin is developing in the best way at a moment, and it will be a huge success in future too.

OP is right that bitcoin didn't reach full potential yet.But for sure we see stable price now, and until new year we can expect higher price, cause we still didn't see real effects of this halving.
October and November are months when I expect some significant rise of price. Before that price will go up slowly.
I'm glad that someone said something nice about bitcoins, I have feeling that we see to many trol threadz recently.

The failure having some definition, sometimes the people can declare it as a failure if getting a bankrupt it's true. but there is another definition of failure. not just getting a bankrupt maybe nothing have a future or bad speculation. but the bitcoin has not yet seen the full potential it's not a means a failure. they just not to knowing about the secret potential of bitcoin.

Bitcoin is not a failure,  In fact its getting more improving and growing. Especially nowadays more people and countries are now becoming aware of Digital currency which is bitcoins. So surely it will never be failure in the near future. :)

I think that also but we are not sure about the future there are many things can happen but i think we are facing now to be digital in every transaction we made. Continuous adopting of bitcoin will help to be a great digital currency that can give us also income for our investments

It's too early to judge something like bitcoin as a "failure". It has been only a few years and the projects that spawned from it are immense. It opened lots of possibilities for internet payments and much more. Even if bitcoin goes away it will be part of history and will be considered a breakthrough in how we think about money. That for me is far from being a failure.

yeah right, I think this is not a failure. But rather that bitcoin is still relatively new and there are some mistakes but it is not an absolute failure in my opinion. I agree with your statement bitcoin still need a lot of repairs to fix. But even so bitcoin system is still the best in my opinion :)

A failure worth 670 dollars?please let me know if you are aware of more "failures" like this  :D
I'm not even paying attention when i see an article about how dead Bitcoin is,it's the typical clickbait media bs written by clueless people,it was fun to read them 1-2 years ago but now it's getting boring.

Yeah that's true but for this moment we can't say that bitcoin is a failure ,bitcoin is now most popular than past year. You'll right we can say that bitcoin is a failure if we already bankrupt. Even the price will decrease we still have a chance to recover our lost.

Some people are just judging bitcoin in terms of price and may have lost buying bitcoin at high price, so they will never stop saying bitcoin is failure or so. But bitcoin is and will always remain king of crypto.

The only problem for now is block size which may not be enough to handle very high volume of transaction in future. But i am sure this gonna happen if community thinks this is needed.