Bitcoin Forum

In the future，BITCCOIN Will also continue in the position of the virtual currency system Ranked first?

Although most of the virtual currency acquired from BTC the original design, but the virtual currency would significantly more than BTC development.

The intelligence of the ETH contract, for example, the DASH of pos node development are far more than BTC

And BTC is now facing a simple Blockchain congestion problem

In the future, all kinds of virtual currencies rise, BTC will in no. 1?

Please friendly to your comments.

I said the wrong place please correct me

My English is not very good, I'm sorry :)

You make good points.  Bitcoin still has potential because it is the first mover, but it is quickly losing ground to competitors.  I feel a lot of people here are in deep denial about what is really happening, but I am still hopeful.

Yes, BTC is indeed a pioneer, but 1 MB Blockchain, bring me a lot of trouble, but also accelerate the confirmation fee is higher and higher, which makes me have to choose other virtual currency for transfer of property :-[

I have been screaming about that for the last 3 weeks.  Sadly, it seems to be falling on a lot of deaf ears.

I tried.

I'm in favor of BTC BU and SW, because at least at this stage, and most of the virtual currency with the same phase, rather than in a backward pioneer position, owing to the great volume of BTC I had to choose BTC as my property transfer the first place, it is very painful, very helpless :-\

Yeah, as said it will continue to serve as the leader of the digital currency. Recently the hard competence gave a loop hole for some unexpected issues making it fall and people to turn towards altcoins. Now it slowly recovered and once again moving downward, but I too stay hopefully.

Yes, as a leader of digital currency should brings more better technology, a layer to ensure that BTC as the leader of the first position, rather than as it is now, being as a washed out toys, is casually abandon.
I think it seems to be away from the original intention of the original，Is to let a person feel pity 。

All BTU shills dont understand that Bitcoin is valuable because it's decentralized and limited in amount. Unlike your shit alts. Eth is fully controlled by Buterin for example. Who would buy this shit? Only Vermin pumping it to pretend that Bitcoin is dead.

I don't think the potential of bitcoin is over,there is an issue yes,but the core developers are working it out we'll see after 3 or 4 months if those bitcoin unlimited are indeed a serious threat  to bitcoin supremacy

I also think that will destroy the BTC bu, but BTC 1 MB Blockchain, brought most of us have a trouble,

Some BTC enthusiasts hope I will not affect the mood, I simply tell their own points of view :)

Is it just me or does it seem like there's a shill team going around? New account spreading tons of FUD. Truth is, Bitcoin is working perfectly and 90% of my transactions get confirmed within 20 mins. It is working the same as it has been for the past 8 years.

This is nothing but a minor setback, if you want to sell, go ahead! I'll hold until it reaches 10,000$  :P

bitcoin is not a "virtual" currency it is a real currency. it doesn't get any more real than that.
and so far bitcoin has been and still is the onlycryptocurrency that exists. all the rest are trading toys called altcoin which are falsely using the word coin or currency in their description.

i don't understand this sentence :D

if you really think that, and if you are really ok with a centralized coin and a coin with a significant amount of premine, and a coin that has whales controlling the price and pump and dump it 50%-200% then go ahead and use them nobody is preventing you ;)

the only problem that bitcoin is facing is the spam attack and nothing else.

duplicate of your first question!


it is not the 1MB block size that "brings you a lot of trouble" it is the spam attack and there is a big difference.

what other altcoin did you use to transfer! and who even accepts them in the world! nobody that's who :)

I really don't think that this is the end of bitcoin yet.

Sure, there are debates around that is affecting bitcoin in a very negative way, but hopefully that we can all come to a conclusion with these things and focus on the simple beauty of bitcoin - to be able to send money worldwide without a central authority, and not having to trust anyone to handle your money either.

Ethereum might be the #1 altcoin, but don't forget that for a period of time it had its own hard fork problems too, and it pulled through successfully.

I really hope the best for bitcoin, but at the same time i'll have to hedge my investment in bitcoin with investments in altcoin and fiat currencies, as well as precious metals.

So what's the real allure or value of Dash?

I get ETH, certainly a future there, although the price may be inflated now on mere news and no results.

What happened to the silver to Bitcoin's gold, you never hear about Litecoin anymore? Dust in the wind?

ethereum is not even a currency, and it never were supposed to be on. and the centralization is enough for anyone to say no to using it.

and you don't hear anything about litecoin because it is not pumped. let it pump someday to 2x, 3x then all you hear is how good litecoin is and when the pump is over and dump begins, we are back to not hearing about it again. like any other altcoin that is pumped!

The potential for btc is just getting started. Little setback are always on the road to victory. Just sit and HODL for the future.

Bitcoin is going to take off IF we can sort this hard fork shit out first as a community.

People are still placing a lot of trust in bitcoin, but this trust won't work if we don't do a better job of stopping the infighting etc. and come to a consensus.

Right now alternatives such as Ethereum are basically trying to get the first stop. Ethereum isn't far away. The bitcoin dominance is nearly at its all time low right now according to coinmarketcap.com, which is deeply saddening to a bagholder like me.

No matter what happens, bitcoin will always be the first cryptocurrency. Might not be in first place, but the first.

You know the funny thing is, when you are #1 and you are on top, everyone wants to take you down. Bitcoin is constantly under some sort of attack and it always survives. The reason for this is the enormous investment in it's underlying network of users supporting it and the projects that are developed around it.

Bitcoin also has the strongest developers working on the protocol to keep the network running and the hash power backing it is also huge.

Bitcoin has died many times before, like a cat with 1000 lives. ^smile^ 

Bitcoin has been proclaimed dead many, many times... And yet is still chugging along nicely.

There are some issues, don't get me wrong, and the community is a little divided however I do think Core is the version with the most support right now, at least from users.

So I am pretty confident Bitcoin will be around for a looooong time and will get better and better.

Some alts are interesting too and it's great to see other projects, different takes and ways to go at it.
It's all a big test environment where to get ideas flowing and experiment.

Out of all this the best tech and ideas will stick out and they will be used possibly in Bitcoin too either directly or via sidechains and 2nd layer protocols.

we just needed to keep believing and no one knows what will happen in the future but this would be between believers and those opportunist
people who have strong believes and big nerved to continue holding against those who just wanted an easy profits, for me its not over as still
seeing the bouncing up and downs will attract new investors.

in one way or another all coins are a bit centralized, some more than other, bitcoin have the upper hand, because it can be used as a currency, but what if one day one of those coins will be accepted too? it could put some serious competition to bitcoin

some of them have features that bitcoin don't have like untraceability, maybe bitcoin is not mean to govern the world alone, could be good to have some alternative for soem for of payment, we knoe thta bitcoin will never solve the fee size

you simply can't and it's not relate to the block limit, because if one bitcoin one day is worth 10k or 100k, even paying 10k satoshi, the old minimum, you end up with a high fee anyway, and miners need their fee to have a high value when the reward in two halving will be almost useless

I'd suggest you to watch season 6 episode 9 of homeland (just google it you'll find it) there you'll see a group of shills each one with several usernames/accounts shilling/FUDing against (supposedly Hillary Clinton) and as a matter of fact you can see their kind here as the full member/senior member all with post count and activity equal to each other (farm accounts/shills) and their presence is felt extremely hot especially in altcoin boards and in ICO/scam threads they have also a couple of hero/legendary members with sometimes green trust as their leader :D

As a bitcoin supporter and a regular user if you are, you shouldn't really be effected/influenced by any FUD but should only be satisfied or unsatisfied by the performance of the system and be prepared for any funny surprises.

I can swear that 60% of total numbers of transactions low or high fees are fake/spam/enforcers of "we need bigger blocks so lets go unlimited".

@OP, I think you don't know what is potential please do a translate to your own language to see that it's something that is already there but rather hidden/unseen.
If anyone wants to transfer under $10 bucks of value in BTC either pay 25 cents or wait hours if you paying less.
You have failed to see the BIG advantage, you could transfer $500M in less than 30 minutes paying only $1-$5 without anyone saying: wait a second, where did you get that much money? have you paid your tax share on that amount? why do you have that much money without us knowing anything about it and without transferring it through our system no why is that? :D

I think it will be a long shot before your so called ETH will reach what bitcoin is now. It is not even in the second place.
This is just another trick to make people doubt bitcoin and trust other coins.
I would stop doing that if I where you. The lost of bitcoin might be the lost of all the coins that you are willing to do anything to support it. Even bashing bitcoin would never help you will just make it worst.

But it is true that more and higher fees and Blockchain congestion, BTC does not change in. :)

Other currencies surely dilute the market for Bitcoin. Some people use Monero over Bitcoin because it suits their needs better. In my case transactional privacy was very important so my money went into Monero. Some people want digital on chain contracts, so they invest in currencies allowing that.

The general thinking that Bitcoin is king and other currencies are leeches to its market is stupid. In the coming times there will be 5-10 currencies establishing dominance in market. Just like the USD isnt the only reserve currency

Many people, including me, believe that bitcoin will be number 1 cryptocurrency.
Taking over the prime position is not simple matter of introducing a better tech and code.
Bitcoin is inextricable linked with economy - that is the important part.
No altcoin will ever have the perfect distribution of something that initially had absolutely no value.

Is Dash your best example of well developed cryptocurrency? A coin which was 'accidentally' instamined and rebranded multiple times?

:)Yes, time will prove everything, but I'm worried at present, the development of the BTC, which determine the BTC is a spiritual leader or a monetary ability leader?

Its not that good, bitcoin have best developers in the world, most skilled ones and most reliable.
Ethereum for example got massive screw-outs, they develop fast with massive bugs that crippe entire network.

I very much agree with your point of view,just as the dollar is not the only reserve currency, each currency has his role, and we tend to choose more appropriate own currency property transfer

With the uncertainty over the possilibty of a hard fork, bitcoin has somehow lost some of its lead among the crypto currencies, although I see it as still miles away from the alt coins, owing to the fact that it pioneered the birth of crypto currency. This might not be the case in the future if no consensus is reached between BTC and BTU.

BTC to I feel like a queen, she is the spiritual leader, but she doesn't have the ability to dominate the British

So you think the time has come to an end for the old timer?
I do agree with innovation it is out with old technology and time to move on with an addition to the foundation which is the blockchain.
The true technology that will be around until the very end of the economic system as we very well know it to be today.

i don't know about you but when i chose bitcoin i didn't choose it because of its fees, i admit the low fees is a good feature and it is still pretty low compared to any other method that we can use to transfer money.

i chose bitcoin because it is decentralized and nobody can control it, it is secure and it is being distributed fairly and without any sort of scam that altcoins have such as premine.

and from your comment i think you don't know what real potential is. you should take a look at the real world and the real usage of bitcoin instead of reading the altcoin pump scripts.

Though there are many problems in bitcoin but the community will not let go of bitcoin that fast. We have witnessed the  huge dump from whales and a large number of holders have shifted to eth and dash the last few weeks but we can still that bitcoin is still holding on. This is the power of the community's trust to bitcoin and with it bitcoin can still recover and can keep moving on. I just do hope the UASF will be launched soon so bitcoins will no longer be dictated by the conflicting miners.

This all started in the scaling debate then companies started showing up with solutions to problem then the power grab between that two companies which is Core and BU started.
They're are fighting on whose going to take control this digital currency. Is there even a bitcoin scaling problem to begin with?

I see threads like this every day now. Partially it's FUD (with a hidden agenda?), why else would FAFKINGS create a new account just to post this? No way someone new to Bitcoin starts with this thought!
In the Speculation-section newbies spread FUD on a daily basis. This one got lost in "Discussion" where people aren't used to the FUD yet.

I'm still hopeful too, but Bitcoin can only grow if the number of transactions grows. This has been taking too long already, and there's still no hard increase scheduled.

Not all is lost:

“RSK goal is to add value and functionality to the Bitcoin ecosystem by enabling smart-contracts, near instant payments and higher-scalability.”

https://bravenewcoin.com/news/ethereum-style-smart-contracts-are-coming-to-bitcoin-in-june/

I think as long as there is no payment systme for online shops acceptinbg altcoins, there is no competition for bitcoin.
But as soon as a system like bitpay for altcoins is developed, or maybe bitpay itself even accepts altcoins, bitcoin will face trouble.
When the masses learn that they can use other currencies instead of bitcoin which are much faster, they will choose the payment option that works best for them.

I don't think that Ethereum is going to destroy Bitcoin or anything but you're just completely in denial about how Bitcoin is doing and how it will continue to do.  Today, I sent a normal transaction of a fairly small amount of Bitcoin and to get it confirmed within an hour I had to pay a fee of more than 2mBTC.  It's really bad, and no matter how much people meaninglessly scream "shitcoin" it's not going to stop Ethereum having more than a quarter of Bitcoin's market cap, which it does.

It's not just an attack on the network either.  Bitcoin's transaction volume has been steadily going up with its price for a long time and its usage has just objectively reached its limit.  

I expected to look at Ethereum's transaction volume and conclude that the price rise is just a pump, but its transaction volume is about the same fraction of Bitcoin's as its market cap, which is very surprising to me.  It really is getting somewhere and we need to stop shouting at people who admit that (or trying to shut them up).

I agree with your point of view the high fees is really bad :-[

I'm getting tired of seeing this kind of thread everyday. Bitcoin is still above $1000, what kind of potential for bitcoin is the OP looking? Are you looking for $1500 price and say that bitcoin is no. 1 crypto? Bitcoin has far face challenges before and still survived. I thought the level of FUD has minimized, but somehow there are still on it everyday spreading the same lies. I'm just shaking my head and ask myself the question, what purpose they really want in twisting the truth.  :o

Hey concern trolls, if you think bitcoin is 'dead' then get developing.

That's a more constructive use of everyone's time.

did you see anywhere that i am denying the fact that fees have gone up? of course not, i am just as pissed as anybody else. but to say it is a problem and bitcoin is going to hell is just dumb! so you used to pay a low fee and now you are paying 30-40 cents per transaction, that is not called "a lot of trouble"

market cap is not a valid thing to compare cryptocurrencies.

but since you like it let me explain. this is what ETH did:
they held an ICO and controlled a big chunk of then 80 million coins in their own hands. then there is no max supply for the coin so new coins are being mined nonstop, right now it is around 90 million coins. a simple calculation is 90 million * price = market cap
but the problem is the 90 million coins are not in circulation. i would be surprised if i know anything more than 10 million is open to public. which means real ETH market cap is 1/9 of what it is now.

you are right about the usage going up but not about the attack.  you need to watch the mempool a bit then you'll understand. when some entity(s) start injecting the mempool with hundreds of transaction in a couple of seconds and continue keeping the number up for days.
click on some of the transactions and look at them carefully. you can even find some topics in this board about it.

i am not trying to shut anybody up, i just can't stand nonsense :)
with that said i am very interested to see what people say about ethereum in a year (on 2018-3-29) when the blockchain size of it is 400-500 GB and there were only a handful of nodes available making the security practically non-existant, when there has been another non-consensus-hard-fork which splits ETH to another 2 chains (3 in total) and when there is another exploit like DAO or even when another serious bug were found in the poorly written code.
or when the attackers on bitcoin decided to pay a visit to ETH blockchain ;)

We have competent dev in Bitcoin, definitely they will come to their senses else if their only objective is to destroy Bitcoin then the doomsday cannot be stopped.  I am also hopeful that this  political conflict will come to an end and let Bitcoin move forward.  I believe that if this two (BU and BC} come into terms no one can stop Bitcoin to continuously rule the cryptocurrency.

The potential of bitcoin will never be over.

Bitcoin IS digital currency. Its spawned hundreds of imitators.

Bitcoin will always be bitcoin.

Alts will come and go. Some are so uncreative that they have to use the word "Bitcoin" in their name, even though 99.999% of their code is lifted straight from bitcoin.

The potential of bitcoin - compared to every single other cryptocurrency in existence - is wide open. The nearest competition is not even close. Instead of offering verifiable improvements, the main strategy of the most well-funded imitators is to confuse people into thinking it's the same thing as bitcoin.


And yes I'm talking about BU, of course, which is disgustingly shameless, and the essence of reptilian greed. Its the epitome of valuing one's own affluence over the welfare of mankind.

Come on guys - it's not the 1Mb blocksize that is the problem, it is the transaction processing. Larger blocks is just one simplistic ( and not very good imho) solution to provide a short term "solution",

If you are investor you need to continue that bitcoin will gives us profit, the potential of bitcoin is never lost mean it. More people give negative speculation for the biggest dump of bitcoin and if your faith in bitcoin is weak i think you will be do panic selling of your investment which is not good for the investor.

Why so many black thoughts and predictions on Bitcoin lately? Because of price dump? It's not the end of the world and Bitcoin if there are some issues appearing. Bitcoin still has a lot potential that is unexplored and that needs to be used in right way. Don't give up on Bitcoin people!

No, no, I or most people did not mean to discredit BTC, only on BTC encounter bottlenecks, feel trouble, even if the BTC have the best team in the world, but they still didn't change the BTC

OP is a altcoin bagholder, this is without doubt a certainty. Either that, or the OP is clearly lacking adequate education and understanding for complex problems such as scaling, governance, et. al.

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ETH style contacts are going to be in Bitcoin in June, therefore ETH loses its advantage: https://bravenewcoin.com/news/ethereum-style-smart-contracts-are-coming-to-bitcoin-in-june/

DASH is a centralized, instamined scam. If you support DASH you are either delusional or very greedy.

Every single altcoin will face the same problem.

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Looks like OP, and the people similar to him/her should let others do the thinking for them (until he/her/it gains the necessary knowledge to form a proper opinion).

The price means absolutely nothing. Look at ETH, 4.5 billion cap with zero actual real world usage.

Which leads to centralization if you trade-off too much. If you want a centralized coin that is run by a 'High King', then go buy ETH.

There's a good chance that Bitcoin will lose his edge and another coin will step up.
But that moment is still very far. Right now there's a "bottleneck", but Bitcoin will pass it and evolve.
Although it's evolving slowly, maybe too slow, Bitcoin is quite mature now (so it may not need to evolve that much in the future) and it has a huge industry behind it. Bitcoin will need something really big to happen in order to lose his lead. And the competitor may not be even "born" yet.

I still support the BTC, my concern is BTC in Blockchain bottleneck problem, rather than on the investment, although there are direct relationship between the two.

Remind me again which decentralized blockchain has solved the scaling problem? Oh right, noone has.

It's evolving quite rapidly. You aren't looking at the right places.

A bankster banked coin such as ETH, where centralization is favorable and arguably desirable (as it currently is), can easily surpass Bitcoin in terms of market cap. The banks can shove a billion or two directly into the market without blinking. This however does not mean that a coin is even nearly as successful as Bitcoin is.

There is no "direct" relationship; you are making things up. Every coin is going to face the scaling issue if there is adequate demand for it.

---

I'm tired of these "pretend newbies" spreading doomsday propaganda. These threads should be locked and trashed if the OP doesn't provide at least somewhat valid reasoning based on science and intellect.

If you think the potential of Bitcoin is over then you have see nothing yet. Bitcoin can be more powerfull than that. Telling it's over, is really under estimate what bitcoin can do with the time

Maybe time can prove everything, but currently BTC problem is very serious

The BTC has great potential, it has grown tremendously and achieved tremendous achievements, what it has achieved no other currency can repeat. It is the pioneer and the leader of all. No matter what happens, it will never collapse. Perhaps it is experiencing problems, but I believe we can solve it, an experienced king like bitcoin always knows how to overcome difficulties. Other currencies can grow and grow, because its technology is superior, but it can not replace bitcoin. I'm sure about that.

The 1MB limit IS causing the spam problem, and Blockstream/Core continue to do nothing about it.

Today Bitcoin tx traffic have already reached 1MB every 10mins, since the blocksize limit is also 1MB and you only get 1 block every 10mins on average, spammers can now easily flood the mempool by generating a small amount of tx.

Once the mempool is flooded, tx takes longer to process, users get impatient, they pay more fees, fees go up, miners process higher fee tx first, all the minimum fee spam stay stuck at the bottom of the mempool, they timeout and get deleted before being processed by miners.

If spammers don't set a minimum fee in their spam, the spam will be dropped by nodes before reaching the mempool, but spammer only pay the fee when the tx is actually processed by miners.

So, once the mempool is full and the fee is high, spammer's spam never get processed, spammer can continue to flood the mempool for days paying zero fee.

Blockstream refused to increase the blocksize, so we get huge 50000tx mempool backlog today, because spammers don't have to pay their fees.

If they increase the blocksize, then for every 1MB blocksize increase, we can fit another 2000 tx per block, at 4MB we can fit 8000tx per block.

If normal traffic is 1M and the limit is 4M, spammer have to pay a very high combined min fee to flood a block (min fee x 8000 per block), then, if they continue to spam, any mishap, such as miners get lucky and mine a few blocks quickly within 10 minutes, 'eating' all the spam, then spammers have to pay the fee for almost the entire 4MB spam block.

At 4MB, it'll be too costly for spammers to spam, until normal traffic reaches 4MB and they can flood without paying fee again.

If we increase the blocksize from 1MB to 2MB or 4MB now, it will give room for Bitcoin to grow as well as reduce spam.

This truth is so simple that's why Blockstream/Core have to create all kinds of red herrings/bullshit excuses/censorships/trolls to justify keeping the blocksize at 1MB. If they stop distracting you from the actual and simple problem for just 1 second, you'll immediately find out they've been lying their asses off for years.

The 1MB limit was added in 2010 because tx fee was 0 at the time, the network was young and was growing slowly, average block size was less than 1k, and Satoshi didn't want to see the blockchain full of 32MB blocks filled with 0 fee spam.

You keep hearing all these fuck face morons talking about how SW/LN will save the day, or that we can't keep increasing the blocksize forever, but at this moment Bitcoin isn't even popular enough for SW/LN, the safety limit is above 4MB, we shouldn't even talk about side chains until we have enough tx to fill 4MB blocks every 10 minutes, or 13tx/sec (we are only at 3tx/sec at the moment).

We are having a tx jam right now, so by not increasing the blocksize limit, Blockstream/Core either have absolutely no idea what they're doing, or they're just pricks blatantly lying their asses off.

:)
Yes, no one can take the place of the BTC in virtual currency, which I agree, but other currencies than the BTC can do better, this is the development trend of the whole block chain

Many governments and bank sector are showing a lot of interest towards blockchain technology. Bitcoin is only digital currency leading all the other currencies. Of course, many people are kept predicting bitcoin growth is over, we don't know what is going to happen to us. We have to move according to market that's all.

Bitcoin hasn't even reached its peak why kill it again? sure there will be new cryptocurrencies and
might be far more superior to bitcoins software, but bitcoin is still progressing and I'm sure future development
will be made to improve its system.

Of course for one simple reason. Bitcoin has network effect. That means many people know and want only bitcoin and nothing else.


How do you reach in this conclusion; Namely that it is simple to solve the scalabiity debate? Have you any technical knowledge in this issue or have you involve in any kind of software development?


For many altcoins bitcoin is the only way to transact with fiat money. If bitcoin crashes then many cryptos will die too. If you believe that there are alts which will rise and will take the bitcoin's position I would be glad to read your opinion.

Bitcoin may have the price volatility going everywhere on the charts but Bitcoin isn't over. The whole purpose of Bitcoin was trying to make Electronic Currency more well known to people within earth. Bitcoin is just a small step to whatever the goal of the Governments want and that is a single Currency that everyone will have to use.
Banks are working on Blockchains and they don't want to integrate Bitcoin into it because they want to make their own coins and they're likely to merge the Electronic Currency after the NWO Currency gets well known.

Whatever you said, is partially true and I am sure Bitcoin will come out of all these problems and will remain the number one crypto currency. The congestion problem is far more complicated that what we think. Even if I am not a technical guy, but if you look at the some technical topics here, you will understand fully.

Yes, ETH and DASH is quick and probably technologically superior. Probably one of them will become the best crypto currency when bitcoin will not be minable anymore. But till that time, I am confident that bitcoin will remain number one among all other crypto currencies.

the potential of a bitcoin would not stop for bitcoin is still being used. I believe there are still many who do not realize that bitcoin is able to have prices above $ 2,000. maybe you can see it becomes possible when the end of the year, as per the end of the year, bitcoin prices will inevitably increase.

I don't think so. The potential of Bitcoin is still there an majority of the world's population does not even know what cryptocurrency is yet. Even if Bitcoin existed for many years now Bitcoin still has an increasing in demand, to prove it to you it always recover every time it goes down, just like last year when it got down to 500$ but now we are not even done with the 1st Quarter of the year it had reached the 1200$ level. Seeing a price action this big shows that Bitcoin still has a potential to grow.

I agree with you . The prices have been constantly falling making it weak.
Even people have reduced using bitcoin much. They are looking forward for other crypto currencies as they
 believe they will soon compete with bitcoins

Bitcoin is fully controlled by blockstream right now.       
Some altcoins are scams, but some aren't, and some altcoins are better than bitcoin.         
   
Bitcoin can't keep riding on first movers advantage forever, especially not if this infighting continues.   

We have many enemies outside bitcoin, and we should focus on beating them, but right now bitcoins greatest enemy is the bitcoin community.

Falling of price is always their but you have not seen that even after that fall, bitcoin have rised and now going back to high price. So no one can touch bitcoin popularity even if any altcoin gets lot of attention but still that is controlled by the developer and not by users like bitcoin.

The problem with ignoring and blocking out people that point out you are wrong is you end up a whinny idiot that is frustrated because you don't understand anything. You start to you think your opinion is right because you keep high-fiving yourself and you end up spending your time on a forum telling nobody that is listening how a multi-billion dollar software project, you don't have a hope of understanding, should be run.

Stop shit posting.

Are you seriously calling a currency that had fucked up badly, that they had to hard fork several times to repair it.. technologically superior? :D DASH is an instamined scam; even its privacy technology doesn't work as advertised. Neither ETH nor DASH are technologically superior.

No.

The price is irrelevant. Stop spamming.

Outright lie.

Correction: Almost all altcoins are scam, and almost noone are better than Bitcoin in any way.   

It is not riding on that advantage. These statements obviously show a lack of understanding.

The biggest enemy right now is the 51% contentious HF attack called BTU.

Alex.BTC is wrong on so many points, in so many posts, that correcting him/her/it/them is a big waste of time. They are a delusional idiot with very lacking/impaired knowledge/understanding.

So you are saying there is Fear Uncertainty and Doubt?  Omg! What should we do?  Should we run around being idiots on forums and r/btc, or should we just let the active developers that are ACTUALLY spending their time working on bitcoin and learning about the technical details take care of things?

Do you think when Satoshi said "decentralize" and "secure" he meant, "Let all the ignorant people that are too ignorant to read the supporting literature drive the project into the ground"?

I feel like by those words, especially "security" he meant, I'm giving the keys to the project developers, don't give the keys to the ignorant idiots.

Bitcoin is backed by a real big team of experimented peoples, this is not only the first, but by far the best crypto from the begining to now.
already widely used compared to any alt, known, compared to any alt, and with real devoted genius behind the scene.

I dont think any altcoin will never replace BTC !

sorry guys,

Have a nice life !

Quick !  We need a King by the grace of God !  ;D

A Good and Wise King that knows what is best for us, ignorant People !

That's what decentralization is about: desire for a King that Rules, Wisely and by the Grace of Satoshi, God.
A King that reads us his (new) Law !  To bring peace on earth and benefit to my investment !

I makes complete sense that a faction of idiots would try to break the very safeguards that are securing their freedom in the first place.  That's what the whole problem Satoshi solved is, how to stop the ignorance masses from shooting themselves in the foot.  So far he's done awesome and core has held strong.

I agree with you. About the future of the Bitcoin, still it's good demand and dominated other crypto industry strongly. Following the other currencies market or compares, someone really good, but major currencies are Bitcoin also extremely potential power for over come into difficulties.

Yes bitcoin is just the first in this area of crypto currencies and I will be not surprised to see something like Bitcoin 2.0 in nearly future. If the fork will happen maybe it will change everything that we used to count normal about bitcoin. But as I love to say - the time will show.

 ;DNo virtual currency can replace the BTC leader position, no one, please forgive me is an enthusiast，Wish you a happy life, my Pal

They want full blocks and a fee market because the block subsidies are diminishing.
We'll only be mining 112.5 new bitcoins a day in the year 2036, so obviously that's more
important than making sure the network runs smoothly today.
 
We don't want to attract as many users as possible so that by the time fees become
important, there will be massive transaction volume.  Instead, its surely better to just make fees expensive now
(doesn't matter if the competition has cheap fees).. because we need to establish
this fee market, you see... and get people used to high bitcoin fees.  
in the future we'll be able to get more users or just jack up the fees even more.

</sarcasm>

There are just too much good coins these days and are very innovative than BTC.
BTC however still may continue to be the number one because of its adoption, everybody knew about BTC and all these people probably never heard of Dash or ETH which is only familiar to people in the cryptoworld like us. I have been here in the forum for years and I don't hear anything about Santiment actually which ICONOMI had invested. Certainly BTC is on the losing side, they have to do something to save it or we lose satoshi.

I agree with your point of view.I agree with your point of view. :)

Mining hardware doesn't last long, it's hash rate gets outdated quickly, depending on energy cost. I don't know the exact numbers, but I guess it's less than 2 years. That means miners don't look ahead much further, their financial interests are only short-term.
I doubt Satoshi ever expected mining to become so centralized that miners can dictate block size.

Liar.

Indeed.  But actually, miners don't dictate block size.  They keep the block size that Satoshi dictated.

Ok.  And what does a high turnover of miners (if thats true) have to do with correct prioritization of long term security model vs short term operablility?
 

The above two quotes are the conclusion (including the sarcasm) that one comes to when one doesn't know anything about what gives money value, which is not at all a raised transaction capacity.

These are two posters that don't know anything about economics or money theory that are continually posting looney tune character style remarks, pretending to address people (core devs) who aren't here, and have no intention of addressing such baseless and ignorant conclusions.

Money doesn't work like this^

Dash and Eth can NEVER provide what bitcoin provides as a money, and that's why bitcoin's market cap far exceeds them combined, and always will. Eth and dash would break if they had bitcoin's cap, that's why the market hasn't put such much into these breakeable coins.

They are just another hopeless try to change people’s mind about bitcoin, I have noticed recently that every time that the bitcoin faces a problem or the price falls down a bit, the forum starts exploding with posts about altcoins, and the best altcoin to invest in, people think that bitcoin is easily defeated and ignore the fact that it has a large community behind its back.

That's true. They believe they can defeat but they don't have capacity to do that since tha foundation of bitcoin is huge and strong. I think it is a strategy of dumpers in order for them to buy more at cheaper price as they make people panic selling. And after that, they would announce great news as the reach their target and will continue placing their buy orders to pump bitcoin. Very nice strategy.

This is not the first time.
They are getting higher in numbers to which wants bitcoin down. Scary.
Just for the support in their own altcoins they would do anything even if it is not true anymore.
Grab on to something bitcoin holders! There will be more to come.
They will not stop until they see the zero price of bitcoin or without value which I dont know if can be done. I doubt it.

You are right. It has been already a known cycle in the Bitcoin community that when a problem can arise many of them are flying to many altcoins and after some days they slowly get back to Bitcoin again. So it is not surprising if a month from now the same thing can happen. Anyway, as in anything, this movement can present a good opportunity to buy some more Bitcoin...there is no need to panic as Bitcoin is already set for the future. :)

Turns out BU's constitutional framework simply secures the President as a dictator over bitcoin: https://medium.com/@rextar4444/the-dictatorship-of-the-bitcoin-proletariat-a51e7cd87605

Highlights:







Anyone that supports this is an enemy of decentralization.

i also observed that too. that a lots of newbies are trolling around the forum. and guess what, these newbies are not literally newbies. they are bunch of experts people (im basing on the way they post in the forum) somewhat paid to troll and spread FUDs hiding on a newbie account. what a shame!

The user who focus only on the profit gets panic. Using it an right time the big investors buy more and more and benefit when the gradual price move takes place. Now there are people who have been profiting good with the ongoing price fluctuations.

2-3 years and you will reconsider your statement IMO if you lest ETH rise more by just sitting on ass.
This is not that far away BTC is just like 3x higher :D

I compare Bitcoin future is equal to USD fluctuations, will be shot from any direction remains stable as a benchmark for world currency exchanges. Bitcoin will never run out of potential. That's because of what? because high level of confidence from user.

I don't understand what will be another cryptocurrency do in future, it can take from system itself as making trading market and cooperate fully with coin supporters, it's not easy and takes a long time.

yes.  the irrationally exuberant cannot see this.  Other alt coins will do other things but there can only be one bitcoin and it will be guarded as such for all time or for a long time.

It's all this forum that is offering people too much freedom to do basically anything that they want. It's annoying seeing that basically every thread in the Bitcoin discussion section gets taken over (demolished) by the well known group (newbie to legendaries) of shillers. As long as this forum doesn't take any actions (and this isn't likely to happen), these clowns will continue to fart all over this forum. So yes, it's indeed a shame.

Why is it over? There is a great team behind bitcoin core and etc things, even some years ago Bitfury invested millions in new datacenter, every mining company tries to develope their techs, their main goal is bitcoin, also there are many major bitcoin exchangers, altcoins are mostly in shadow. Well, bitcoin can't change regular money but it will be N1 in crypto currency, there is no doubt to my mind.

I am still with bitcoins and dont believe that bitcoins potential is over .it is true that the blockchain size has been upto 1 mb , i think solutions will be done .well some people will say they will buy other virtual currency over bitcoins , but if u live in the other part of world still bitcoin transaction fees are less than online transactions.

The delusion of some people is at an alarming level. Bitcoin started as a technological marvel and it turned into a cult, where faith and emotion beats technology. Stating that X project can't beat bitcoin because no actual reason is just silly. Empires come and go, i thought history taught us something ?

I like the fact that the mods are allowing free speech. I've been on other forums where mods get heavy handed due to user complaints. Threads start getting locked (oh no, not this discussion again, it's been done to death already, it only causes arguments). Then all we will have is uninteresting waffle from sig ad spammers.

Bitcoin going to popular day by day. Coming days will be challenged not only online network but also everywhere. Bitcoin faced so many difficulties but at least come our strongly. About potential of Bitcoin over, can't see any kind of that situation.

Nothing wrong with free speech, but things here in most of the BU threads get pushed to the extreme limits of free speech. Every thread regarding BU, scaling, transactions, etc, gets hijacked by the same group of people, and that every day, and by mostly the same group of people. Do you consider that to be a positive thing?

Shills and trolls forcing through their BU "preference" is interesting?

That's true bitcoin popular day by day and potentail of bitcoin is still their. Many person like to invest in bitcoin so i think potential of bitcoin is not ovet it more become stronger than ever.  Some want bitcoin gone but i think they hard to do that because many are big holders of bitcoin they don't want bitcoin drop.

No way i think you maybe saying this because of the current drop. Let me make you aware of things bitcoin had gone through. The price fell from 850$ to directly 500$ because of the hack. And then the price kept on increasing since then. Then china again decided to close the exchanges and the price fell but with a weel itself it reached 1200$. If you see out there the are so many coins which have way better features than eth,btc etc. But there are very less people in the cryptocurrency marketwho actually care about features. If features was a priority bitcoin would be deas by now. I do agree the transfer speed has become worse but all the huge bitcoin holders don't even about it. Bitcoin is used by them as an asset and not a currency.

Quality things never lost it potencial, so bitcion is still in his full potencial.
Other one may lost but not bitcoin and i have see countries that fight bitcoin before are now embrace bitcoin now.
Bitcoin is not ordinary that people cantermote it is real and everybody is now looking for it.

Yeah , I also thinks the same Because in my opinion the bitcoin is not fully known by the whole world , still a big fraction of the population of the world which is about 80% don't know about this and making study currently .
And Secondly the fork in the bitcoin planning saying what the bitcoin future is , So here it is good to say that the potential of the bitcoin will still increase in the future and will give more and more profit for us .

:)I quite agree with your point of view, because I can't find may contradict your words

Even if Bitcoin falls apart become some rich people wants another project made so they could dump their coins and cycle money all over again, -the technology that formed Bitcoin will have a major influence on the next-gen technology within the Currency area.
Bitcoin might not have fast payments yet, the live feed of Blockchain is what gives Bitcoin more potential than the average payment system. Bitcoin doesn't fail when there is more technology using its code.

I agree with your point of view, but rich people who can put the assets based on BTC better virtual currency, such as the ETH

Reason is that BTC is capped at 300 000tx/s now while its capped people rush to ETH and you see that on chart.
Now eth have like  steady 80 000-100 000 tx/s.
If you let them grow and wait you will how FREE MARKET corrects price BTC vs ETH

Blocksize drama goes over 2 years from now ?

https://bitinfocharts.com/comparison/transactions-btc-eth-dash-ltc-doge.html

ETH is going into hokey stick :) to BTC lvls soon

Its not over yet on Bitcoin and the potential you have said will still happen no matter how many alts would progress in the run. It would remain as number 1 because people do still believe and make use of it and altcoin are just on the side but mainly most on bitcoin.Potential would really happen in the future.

People are just panicking because of this hardfork and the new coin that is made by Bitcoin unlimited. Because of this hard fork, bitcoin's price is affected, and it just experienced a huge price drop and many of the bitcoin users did a panic sell, and came to a conclusion that bitcoin potential is over, which is not true.

Bitcoin's solidity won't just be over just like that, many people still prefer bitcoin and still hopes for bitcoin. We just need to continue our support in bitcoin, we must prove that no Altcoin will overcome its superiority.