Title: The king is already dead. Post by: RewFrew on June 15, 2017, 01:31:28 AM Well well,
I announced it before, but now its official: The king Bitcoin is death. Who killed it? miners with their big fees day after day. its 7 dollars right now and gonna increase day after day. Bitcoin is no longer suited for small transactions, speed stransactions. Peoples with small account are no longer welcome by Bitcoin miners. Ethereum gonna be the new king for some months, but he is like bitcoin. With increasing fees gonna be dead soon too. When i said dead it means no longer number 1. And then a third new king gonna came and stay there for maybe years, a king Altcoin with free transactions fees, very speed and secure transactions. Maybe this king is already there: IOTA . With something innovative than the very slow and high fees blockchains system. It is sure that IOTA gonna be the next king, and from there the real decentralised decade of Altcoins gonna start, with more projects more decentralised than IOTA to try to be the Futur King. I'm not an IOTA, Bitcoin, Ethereum defender, i dont give a shit about them. my only concerns are a fair,secure, too much decentralised, with no fees coins to be the new model. Title: Re: The king is already dead. Post by: aarturka on June 15, 2017, 01:36:32 AM iota is alt and have no value, there're already several hundreds thousands alts and alll are dead and iota gonna join them
Title: Re: The king is already dead. Post by: RewFrew on June 15, 2017, 01:41:51 AM iota is alt and have no value, there're already several hundreds thousands alts and alll are dead and iota gonna join them Thats just my predictions. But what is for sure is: the real Decentralised area adoption just started now ! Title: Re: The king is already dead. Post by: Pursuer on June 15, 2017, 02:22:47 AM LOL. if every time that an altcoin comes out and claims to be "the king" and want to replace bitcoin somebody paid me 1 satoshi then I would have been richer than bill gates by now ;)
it is funny though. I like to observe how many people fall each time for the same story and always end up face down under the dump of that altcoin's whales. Title: Re: The king is already dead. Post by: 25hashcoin on June 15, 2017, 03:51:29 AM Core is the reason we have big fees, not miners. Miners now have a blocksize scaling plan to move us forward finally. Long live Satoshis bitcoin!
Title: Re: The king is already dead. Post by: BurstIncomeAsset on June 15, 2017, 04:10:31 AM At this point, if the King dies, the others won't last long too. The ETH dump already started. I believe some solution will be found sooner or later.
Title: Re: The king is already dead. Post by: linkme on June 15, 2017, 08:33:29 AM Yes, Bitcoin is going to die someday and IOTA is suitable for micro transactions so that it can be the new king of the Internet, :)
Title: Re: The king is already dead. Post by: budi691 on June 15, 2017, 08:37:56 AM Well well, I announced it before, but now its official: The king Bitcoin is death. Who killed it? miners with their big fees day after day. its 7 dollars right now and gonna increase day after day. Bitcoin is no longer suited for small transactions, speed stransactions. Peoples with small account are no longer welcome by Bitcoin miners. Ethereum gonna be the new king for some months, but he is like bitcoin. With increasing fees gonna be dead soon too. When i said dead it means no longer number 1. And then a third new king gonna came and stay there for maybe years, a king Altcoin with free transactions fees, very speed and secure transactions. Maybe this king is already there: IOTA . With something innovative than the very slow and high fees blockchains system. It is sure that IOTA gonna be the next king, and from there the real decentralised decade of Altcoins gonna start, with more projects more decentralised than IOTA to try to be the Futur King. I'm not an IOTA, Bitcoin, Ethereum defender, i dont give a shit about them. my only concerns are a fair,secure, too much decentralised, with no fees coins to be the new model. I like the information from you, It will be read and I find out. At least your thinking is getting me thinking to keep focused and trying. Of course to achieve positive things with bitcoin. Thank you brothers. Title: Re: The king is already dead. Post by: AiWanChu on June 15, 2017, 08:43:41 AM i like the concept of iota and tangle but isnt it vaporware still?
Title: Re: The king is already dead. Post by: Argon2 on June 15, 2017, 08:45:06 AM Well well, Ethereum and anything built on top of it are in a bubble. That bubble will burst as the ICO's fail....I announced it before, but now its official: The king Bitcoin is death. Who killed it? miners with their big fees day after day. its 7 dollars right now and gonna increase day after day. Bitcoin is no longer suited for small transactions, speed stransactions. Peoples with small account are no longer welcome by Bitcoin miners. Ethereum gonna be the new king for some months, but he is like bitcoin. With increasing fees gonna be dead soon too. When i said dead it means no longer number 1. And then a third new king gonna came and stay there for maybe years, a king Altcoin with free transactions fees, very speed and secure transactions. Maybe this king is already there: IOTA . With something innovative than the very slow and high fees blockchains system. It is sure that IOTA gonna be the next king, and from there the real decentralised decade of Altcoins gonna start, with more projects more decentralised than IOTA to try to be the Futur King. I'm not an IOTA, Bitcoin, Ethereum defender, i dont give a shit about them. my only concerns are a fair,secure, too much decentralised, with no fees coins to be the new model. Title: Re: The king is already dead. Post by: haroldtee on June 15, 2017, 08:45:34 AM I thought there is a thread counting how many times bitcoin has been declared dead on this forum. It has been crazy though like OP said and it is not really favouring micro transactions. I am watching though, can't pretty much assume what would happen tomorrow but we are all watching. Moreover, we can't blame miners for the large transaction fees. The popularity of bitcoin over the years has increased hugely, hence the huge number of daily transactions and choked due to the low blocksize. I just really hope this is fixed soon and all the stakeholders come into an agreement on adopting the best to move us forward. Nevertheless, all these Altcoins are not even any better.
Title: Re: The king is already dead. Post by: HeRetiK on June 15, 2017, 08:48:42 AM Bitcoin, Ethereum and the alts are all part of the same economy. If Bitcoin falls, the rest will too. If Ethereum falls, it will take a lot of tokens with it.
Here's hoping that the scaling debate will soon be resolved, so that small transactions get viable again. Title: Re: The king is already dead. Post by: hubballi on June 15, 2017, 08:52:08 AM Bitcoin, Ethereum and the alts are all part of the same economy. If Bitcoin falls, the rest will too. If Ethereum falls, it will take a lot of tokens with it. Here's hoping that the scaling debate will soon be resolved, so that small transactions get viable again. Ya it is true that the main popularity of Ethereum was from the so many new altcoins which started to use ETH platform for their project apart from that their is no much use of ETH. But bitcoin have got all features and it is used in all field. only the transaction delay and high fees is the problem and miners are the main culprit who are causing this problem if not what solution is available they are not accepting it. Title: Re: The king is already dead. Post by: nod on June 15, 2017, 08:55:47 AM Well, IOAT is boosted for micro payments so that it is suitable for everyone to send small payments and I think that it will be the Internet's King
Title: Re: The king is already dead. Post by: Pamadar on June 15, 2017, 09:29:20 AM Bitcoin, Ethereum and the alts are all part of the same economy. If Bitcoin falls, the rest will too. If Ethereum falls, it will take a lot of tokens with it. that's logically right they are all exist in same world so whatever happen to btc will also possible to happen to everyone else its a chainHere's hoping that the scaling debate will soon be resolved, so that small transactions get viable again. which the main focus now is btc and yet it will also be moving to any alts afterwards so better to look for resolution rather than to make speculations. Title: Re: The king is already dead. Post by: cafucafucafu on June 15, 2017, 09:34:35 AM You announced it before but now it's official? Are you kidding me lol :P
It's not like this is anything new to us. People have been shilling for altcoins for as long as altcoins have existed, and it's mainly because they are salty that they haven't gotten into bitcoin when it was cheap and want to have another go at things by buying into crappy shitcoins and trying to promote it and defame bitcoin to gain themselves some extra profit. It has never worked, and will never work. Transaction fees is an issue but you're exaggerating things, it's definitely not enough to kill off the entire bitcoin economy. With the fork coming up there will be a solution found, aka Segwit. IOTA is a successful crowdfund, nothing more. It might have superior technology than bitcoin, but will never gain the trust of the masses. And altcoins will get more and more complicated in an attempt to gain investors, and all the functionality they offer is not going to be used practically. Title: Re: The king is already dead. Post by: BitcoinzB on June 15, 2017, 09:38:12 AM You announced it before but now it's official? Are you kidding me lol :P I just hope this solution will be effective and won't make most people "panic" (hence making the price drop a lot)It's not like this is anything new to us. People have been shilling for altcoins for as long as altcoins have existed, and it's mainly because they are salty that they haven't gotten into bitcoin when it was cheap and want to have another go at things by buying into crappy shitcoins and trying to promote it and defame bitcoin to gain themselves some extra profit. It has never worked, and will never work. Transaction fees is an issue but you're exaggerating things, it's definitely not enough to kill off the entire bitcoin economy. With the fork coming up there will be a solution found, aka Segwit. IOTA is a successful crowdfund, nothing more. It might have superior technology than bitcoin, but will never gain the trust of the masses. And altcoins will get more and more complicated in an attempt to gain investors, and all the functionality they offer is not going to be used practically. But maybe in the long term it's the best thing to do in order to keep the currency alive. Title: Re: The king is already dead. Post by: izanagi narukami on June 15, 2017, 09:40:02 AM Well bitcoin transaction is adjusting because there are so many transaction recently , I'm suspect there are a lot of demand for bitcoin !
I'm sure that bitcoin fee will be normal when it has reach stable amount of transaction so keep your faith on bitcoin Title: Re: The king is already dead. Post by: TravelMug on June 15, 2017, 09:41:45 AM LOL. You are kidding right? How many times did bitcoin died again? Yes, I may have agree with you saying that the high transaction fee is being so annoying and frustrating but I don't think bitcoin will be dead. You see, bitcoin has faced so many challenged down the road and this is just another bumps along the way and will not cause bitcoin to die.
Title: Re: The king is already dead. Post by: LodisMcguire on June 15, 2017, 09:47:26 AM With the issue of segwit and high fees,it's not that surprising bitcoin will fall,but for a short time
There are many predictions bitcoin will skyrocketing at the end of the year after the bumpy road And alt just an alt,there is no way it will surpass bitcoin before they have one that exceed at all aspect Title: Re: The king is already dead. Post by: BitcoinzB on June 15, 2017, 09:48:18 AM LOL. You are kidding right? How many times did bitcoin died again? Yes, I may have agree with you saying that the high transaction fee is being so annoying and frustrating but I don't think bitcoin will be dead. You see, bitcoin has faced so many challenged down the road and this is just another bumps along the way and will not cause bitcoin to die. By saying "the king is dead" I don't think the OP meant that "bitcoin is dead", but simply that it's no longer number 1.statement that I disagree with though. Title: Re: The king is already dead. Post by: jorneyflair on June 15, 2017, 09:48:53 AM If we believed all you altcoin Fudsters then bitcoin would have already died thousands of times over(and still counting). I don't think she anyone here is dumb enough to believe the crap that comes out of your mouth but I'm just going to put this out there anyways.
All decentralized economies will have some form of scaling issue one way or another. Just a matter of time until a few million people start using it and the network becomes bloated. Transaction fees on Ethereum are not particularly cheap either, in fact probably more expensive than bitcoin. I've never heard of IOTA until it was listed on coinmarketcap. There is absolutely no reason for anyone to think that IOTA is going to succeed in the future. Title: Re: The king is already dead. Post by: n0ne on June 15, 2017, 09:51:38 AM I think Op haven't experienced the potential of bitcoin. From the year of bitcoin coming into existence, price crash and decrease in the value has happened for several reasons. But very few say it's dead because they could have experienced a loss just because of their own mistakes.
Title: Re: The king is already dead. Post by: Danu26 on June 15, 2017, 09:53:20 AM Yes, Bitcoin is going to die someday and IOTA is suitable for micro transactions so that it can be the new king of the Internet, :) I'm not sure bitcoin will die.I think bitcoin always has innovations for its members. 😀😀😀 Title: Re: The king is already dead. Post by: bitbunnny on June 15, 2017, 09:54:42 AM Another theme about Bitcoin beeing dead? Comme on people, let's get serious. I thought that everything has been already said about fees issues. Sometimes some changes and adjustments are needed to get things going.
And this is not the only problem Bitcoin will face, the new ones will appear with time and it will have to adjust over and over again. So please stop this dramatic and heart breaking announcements about Bitcoin beeing dead. Title: Re: The king is already dead. Post by: HeRetiK on June 15, 2017, 09:55:21 AM Bitcoin, Ethereum and the alts are all part of the same economy. If Bitcoin falls, the rest will too. If Ethereum falls, it will take a lot of tokens with it. that's logically right they are all exist in same world so whatever happen to btc will also possible to happen to everyone else its a chainHere's hoping that the scaling debate will soon be resolved, so that small transactions get viable again. which the main focus now is btc and yet it will also be moving to any alts afterwards so better to look for resolution rather than to make speculations. So far most alt coins are mainly traded by people who want to increase their BTC holdings. It follows that whenever BTC significantly drops or stagnates, most alts follow suit. The only alt that seems to be somewhat decoupled so far is ETH. Which is also one of the few currencies that bring something new to the table. Disclaimer: I haven't been following alts lately so I'm only familiar with a handful. Most of my conjecture is based on past price movements and not on fundamentals. Title: Re: The king is already dead. Post by: ankit10 on June 15, 2017, 10:01:18 AM Its hard for altcoin to replace bitcoin, maybe ethereum can replace but not now. Nowadays Transaction fee is very big problem for bitcoiners, hope transaction fee decrease in near future.
Title: Re: The king is already dead. Post by: n691309 on June 15, 2017, 10:01:29 AM The advertisements that bitcoin is fast and near zero cost on transaction fee. That's true that miners are making people to use less the bitcoin and in reality bitcoin is being less useful for making more frequently transaction, Ethereum is kuch better much cheaper and much faster, but not as much popular as bitcoin!
Title: Re: The king is already dead. Post by: bitllionaire on June 15, 2017, 10:08:27 AM I think Op haven't experienced the potential of bitcoin. From the year of bitcoin coming into existence, price crash and decrease in the value has happened for several reasons. But very few say it's dead because they could have experienced a loss just because of their own mistakes. yes bitcoin is not going to die. it has a good potential, currently the price is trading under 2400$ but it will not stay here for a long time because the price of bitcoin has to start increasing very soon and that is the the reason that i am holding bitcoin for a long time and not going to sell it. Title: Re: The king is already dead. Post by: bartolo on June 15, 2017, 10:09:23 AM I wish good luck to the new kings trying to get the popularity and roots that Bitcoin has among real world peope, good luck trying to be accepted at stores, hotels, travel agencies, theaters, ATMs, etc.
Title: Re: The king is already dead. Post by: hendra1988 on June 15, 2017, 10:14:23 AM I'm not sure IOTA will be the switch king of bitcoin or etherium, because he's still quite new and it seems difficult to adapt to the long-standing bitcoin. Things that might happen if bitcoin price is really too low in the price range of 1 USD, and even then it seems difficult if predicted with the world market. Because the demand that makes prices fluctuate and difficult to predict.
Title: Re: The king is already dead. Post by: Yuhee on June 15, 2017, 10:23:08 AM I wish good luck to the new kings trying to get the popularity and roots that Bitcoin has among real world peope, good luck trying to be accepted at stores, hotels, travel agencies, theaters, ATMs, etc. That is the main issue and probably most of the members are just have low incomes. And yeah btc has now become transactions for people who dont care about transaction fees. Probably there is a high percentage of members who are just lowly traders and low percentage of wealthy traders but mst of the btc belongs to those high traders so who would btc choose? I think they could benefit more with the higher transactions. Title: Re: The king is already dead. Post by: The One on June 15, 2017, 10:23:09 AM The king is already dead.
Ohhh. I thought this thread was about Elvis... Title: Re: The king is already dead. Post by: RealBitcoin on June 15, 2017, 10:36:24 AM The King is Dead!
Long Live the King (ETHEREUM)! :D Title: Re: The king is already dead. Post by: douglock on June 15, 2017, 10:39:18 AM IOTA is a shit coin. It can never become as great as bitcoin and soon it will be destroyed by its own investors when they realize that they are making a big mistake. Even if bitcoin is not a king anymore, IOTA will never be a next king.
Title: Re: The king is already dead. Post by: Mr. Green on June 15, 2017, 10:53:02 AM LOL
GTFO IOTA SCAMMER Quote Circulating Supply 2,779,530,283 IOT Max Supply 2,779,530,283 IOT They sold all the iota to the funders and now funders have to sell their iota's to other people. No PoW, no fee, no economy. Fucking ponzi. If everything is free with iota,.. Why would i pay for an IOTA? Don't make any sense dawg Title: Re: The king is already dead. Post by: audaciousbeing on June 15, 2017, 10:54:08 AM Well well, I announced it before, but now its official: The king Bitcoin is death. Who killed it? miners with their big fees day after day. its 7 dollars right now and gonna increase day after day. Bitcoin is no longer suited for small transactions, speed stransactions. Peoples with small account are no longer welcome by Bitcoin miners. Ethereum gonna be the new king for some months, but he is like bitcoin. With increasing fees gonna be dead soon too. When i said dead it means no longer number 1. And then a third new king gonna came and stay there for maybe years, a king Altcoin with free transactions fees, very speed and secure transactions. Maybe this king is already there: IOTA . With something innovative than the very slow and high fees blockchains system. It is sure that IOTA gonna be the next king, and from there the real decentralised decade of Altcoins gonna start, with more projects more decentralised than IOTA to try to be the Futur King. I'm not an IOTA, Bitcoin, Ethereum defender, i dont give a shit about them. my only concerns are a fair,secure, too much decentralised, with no fees coins to be the new model. Its unfortunate things have to get this bad before the miners do what is right and I feel its because they are really not concerned about the growth of bitcoin what they want is to make the money, then cash out to another project whether the initial project dies or lives, its none of their business because their own profit motive has been achieved and I feel this is something that might befall Ethereum anytime soon as its also growing this high but its a lesson for every developer planning to launch the next big thing. Title: Re: The king is already dead. Post by: n691309 on June 15, 2017, 11:02:11 AM I wish good luck to the new kings trying to get the popularity and roots that Bitcoin has among real world peope, good luck trying to be accepted at stores, hotels, travel agencies, theaters, ATMs, etc. Actually many merchants accepts bitcoins but how much is being used this is the issue, the transaction fees are delaying and are being more costly everyday. But what I think will happen in the future is a "shapeshift" or saying an all in one ATM where people can buy or sell different coins like in the exchange and this would make the ATMs more popular and more useful than the one coin only ATM. Title: Re: The king is already dead. Post by: ViceOfBTC21 on June 15, 2017, 11:03:48 AM I hope they will introduce Bitcoin Unlimited in this month. If not Bitcoin will die and no one will use it.
Title: Re: The king is already dead. Post by: RealBitcoin on June 15, 2017, 11:04:15 AM LOL GTFO IOTA SCAMMER Quote Circulating Supply 2,779,530,283 IOT Max Supply 2,779,530,283 IOT They sold all the iota to the funders and now funders have to sell their iota's to other people. No PoW, no fee, no economy. Fucking ponzi. If everything is free with iota,.. Why would i pay for an IOTA? Don't make any sense dawg IOT is really a hot topic these days, but this IOTA coin looks very stupid. The supply is just too big, I dont see how people will use this crap. Title: Re: The king is already dead. Post by: cleygaux on June 15, 2017, 11:06:00 AM The king is not yet dead his just resting wait some days and he will resurrect again no other altcoins can replace bitcoin even etherium I don't even know about your IOTA lol..
Title: Re: The king is already dead. Post by: btbrae on June 15, 2017, 11:12:59 AM If I can send IOTA from one place to another without fees or stupid transaction times then I'll do that, but then you've got to get back into Bitcoin to cash out.
Ethereum has scaling issues and fees are creeping up also. It is also pointless investing in ICOs when the price of ETH accelerates faster than the component projects built on top of the platform. And none of those ICOs are productive investments yet. Zero. It's possible the bubble has just burst and the whole shebang is going down. I have to say it's about time. Title: Re: The king is already dead. Post by: Taki on June 15, 2017, 11:15:16 AM Bitcoin is not dead. Yes, the transaction fee get raised, but if you are ok to wait the fee is not higher than 1$. I am micro BTC earner and 7$ fee is crazy to me, but I have no choice. I am loosing money with waiting so long to a transaction would be proved. When bitcoin got it's historical maximum I was waiting for my mBTCs came to my account, today I finelly got it, but the price is 500$ lower already. I count this not fair, but what can I do? I am sure that there are people who are ready to pay this high fees to not the loose possible profit. All that will make all this campaigns who realize bitcoin transactions multimillionares ($_$)
Title: Re: The king is already dead. Post by: Danslip on June 15, 2017, 11:15:20 AM Time will tell..The king is not yet dead ;)
Title: Re: The king is already dead. Post by: spngebob on June 15, 2017, 11:16:37 AM Bitcoin has died again? And how many times already, 130?
It's not dead, it's just bitmain is making some noise i am sure everything will be fine. The king is already dead. Elvis is dead? What??Ohhh. I thought this thread was about Elvis... Title: Re: The king is already dead. Post by: chineseprancing on June 15, 2017, 11:18:34 AM No one can replace to the position of the King even their prince, because bitcoin was still alive and not dead. They were already rest and waiting the right time before explode again. Either ethereum or any other Altcoins, they cannot beat bitcoin.
Title: Re: The king is already dead. Post by: TastyChillySauce00 on June 15, 2017, 11:34:01 AM The king is not yet dead his just resting wait some days and he will resurrect again no other altcoins can replace bitcoin even etherium I don't even know about your IOTA lol.. That indirectly means that bitcoin will be standing up again when the scaling problem and any other have been resolved right? But, as I can see so far, there's no sign that it'll be sorted out very soon. I'm here talking about the fact, the fee itself always increases every day, I can't imagine how people with a transaction which only contain a small amount of bitcoin could stand with this condition but the obvious thing is that the problem now appears to be very critical. There's nothing we can do, just wait and see.Title: Re: The king is already dead. Post by: CyberKuro on June 15, 2017, 11:37:16 AM LOL. if every time that an altcoin comes out and claims to be "the king" and want to replace bitcoin somebody paid me 1 satoshi then I would have been richer than bill gates by now ;) If you didn't involved or not use altcoins, than you can't say that. I mean, some coins really has potential and may exceed bitcoin in the future if bitcoin stay still on this problems, why its price fall down in last few days until now? Because people get tired wait for long time confirmation and high fees for greedy miners. They (miners) keep prolong this problem as long as they could to get more fees from bitcoin environment. I don't know when it will be over and we will moving forward without any miners drama.it is funny though. I like to observe how many people fall each time for the same story and always end up face down under the dump of that altcoin's whales. Title: Re: The king is already dead. Post by: erickkyut on June 15, 2017, 11:48:23 AM Bitcoin is not yet dead and it will never be. Its market is very volatile. Having ups and down is only natural. You don't need to panic. The King is just having its rest. He is just taking a break. Wait till it wakes up again. I can feel that it is really soon.
Title: Re: The king is already dead. Post by: aoluain on June 15, 2017, 11:50:17 AM THE KING IS DEAD, LONG LIVE THE KING ;D
come on, we have seen this a few times this year already. I personally think if not soon that medium to long term BTC will gain back its value. Regarding IOTA, Its interesting but I will have to do a bit of investigating before giving my thoughts on it From Wikipedia > The word is used in a common English phrase, 'not one iota', meaning 'not the slightest amount', Title: Re: The king is already dead. Post by: aso118 on June 15, 2017, 11:51:54 AM Well well, I announced it before, but now its official: The king Bitcoin is death. Who killed it? miners with their big fees day after day. its 7 dollars right now and gonna increase day after day. Bitcoin is no longer suited for small transactions, speed stransactions. Peoples with small account are no longer welcome by Bitcoin miners. Ethereum gonna be the new king for some months, but he is like bitcoin. With increasing fees gonna be dead soon too. When i said dead it means no longer number 1. And then a third new king gonna came and stay there for maybe years, a king Altcoin with free transactions fees, very speed and secure transactions. Maybe this king is already there: IOTA . With something innovative than the very slow and high fees blockchains system. It is sure that IOTA gonna be the next king, and from there the real decentralised decade of Altcoins gonna start, with more projects more decentralised than IOTA to try to be the Futur King. I'm not an IOTA, Bitcoin, Ethereum defender, i dont give a shit about them. my only concerns are a fair,secure, too much decentralised, with no fees coins to be the new model. The reason why a lot of people still stick to Bitcoin is because of the security the network affords. That isn't going to change overnight. And if the scaling debate moves forward, the king may still return. Title: Re: The king is already dead. Post by: crairezx20 on June 15, 2017, 12:15:36 PM Bitcoin will stay alive and i think many time that bitcoin are die but its still alive and strong ethereum is too far before ethereum will be the next king..
If can see bitcoin is growing daily and more stores locally are accepting bitcoin as payment and japan was legalized bitcoin in their country. Ethereum will be still altcoin and i think we will see a big crash will happen with ethereum after few months or a year.. Title: Re: The king is already dead. Post by: European Central Bank on June 15, 2017, 12:18:18 PM so if bitcoin fades away the whole alt market has the choice of either trading against usdt, which is untrustworthy and only a matter of time before it's shut down just like liberty reserve was, or ethereum which will eventually collapse under the weight of its own hubris and has undergone a 40x pump.
neither of those choices are gonna inspire me to stick around. Title: Re: The king is already dead. Post by: eternalgloom on June 15, 2017, 01:39:07 PM I guess this thread can be added to that other thread that lists how many time Bitcoin has been pronounced dead, I think the counter is up to around 130.
Can't seem to find the thread on this forum, but there are similar ones on Reddit and other blogs. Even without a scaling solution in the near future, Bitcoin will probably still survive. Title: Re: The king is already dead. Post by: bamboylee on June 15, 2017, 01:49:42 PM There are still a lot of people supporting bitcoin. I do not think it will give up the crown any time soon. Amidst all the problem surrounding bitcoin, it still reached a new ATH. High transaction fees and slow transactions can disappoint new comers but not enough to kill bitcoin. It will survive, hopefully.
Title: Re: The king is already dead. Post by: dinofelis on June 15, 2017, 01:57:26 PM Well well, I announced it before, but now its official: The king Bitcoin is death. Who killed it? miners with their big fees day after day. its 7 dollars right now and gonna increase day after day. Bitcoin is no longer suited for small transactions, speed stransactions. Peoples with small account are no longer welcome by Bitcoin miners. Ethereum gonna be the new king for some months, but he is like bitcoin. With increasing fees gonna be dead soon too. When i said dead it means no longer number 1. My idea is that bitcoin will "die" in the not-too-distant future (maybe next month ?), not because of scaling and fees and the likes ; but rather because it has been designed as a greater-fool game, with huge initial seigniorage, followed by a severe restriction of coin emission, making it a perfect pyramid game. When the pyramid gets too big, there's not enough greater fools coming in, and smaller pyramids grow faster with the same amount of greater fools, until they get big too. In the end, many "last layers of greater fools" will get burned, and this game will be left for a generation or so. Bitcoin screwed it. It could have been a freedom money, but Satoshi designed it into a "get rich quickly" pyramid game ; in doing so, he found imitators (alt coins) which all are "greater fool games", and it entirely killed the original freedom idea, not leaving any room for a real crypto currency. This stuff has to blow up now, make blood flow, and be forgotten. To leave room for a genuine crypto currency. But in the mean time, the powers that be have been awakened, and the small window of opportunity that existed to make a freedom currency has been blown by bitcoin's built-in greed-system. However, if professional gamblers (banks, financial institutions) join the greater fool game before it breaks down, it can still go on a long time and go very high, before it will be the cause of the next financial crisis. Title: Re: The king is already dead. Post by: dissident on June 15, 2017, 02:16:11 PM Hopefully it doesn't bounce before I get off work... I want to jump in for the bounce.
Title: Re: The king is already dead. Post by: CryptonomyCapital on June 15, 2017, 02:19:24 PM At this point, if the King dies, the others won't last long too. The ETH dump already started. I believe some solution will be found sooner or later. When the king dies in his place comes another, blockchain is a very promising technology in my opinion. I think that this is temporary problem and it will find a solution in future. Title: Re: The king is already dead. Post by: Boseda on June 15, 2017, 02:28:43 PM I said something similar in one of my previous posts. To be more clear, it is dead as payment system for micro-payments, not as an asset or a payment system for expensive stuff.
Title: Re: The king is already dead. Post by: aoluain on June 15, 2017, 03:03:35 PM I guess this thread can be added to that other thread that lists how many time Bitcoin has been pronounced dead, I think the counter is up to around 130. Can't seem to find the thread on this forum, but there are similar ones on Reddit and other blogs. Even without a scaling solution in the near future, Bitcoin will probably still survive. We could rename the thread "The King is already dead . . . AGAIN, and like for the 4th time" ;D ah he will rise again dont worry. Title: Re: The king is already dead. Post by: hatshepsut93 on June 15, 2017, 03:06:42 PM Well well, I announced it before, but now its official: The king Bitcoin is death. Who killed it? miners with their big fees day after day. its 7 dollars right now and gonna increase day after day. Bitcoin is no longer suited for small transactions, speed stransactions. Peoples with small account are no longer welcome by Bitcoin miners. Ethereum gonna be the new king for some months, but he is like bitcoin. With increasing fees gonna be dead soon too. When i said dead it means no longer number 1. And then a third new king gonna came and stay there for maybe years, a king Altcoin with free transactions fees, very speed and secure transactions. Maybe this king is already there: IOTA . With something innovative than the very slow and high fees blockchains system. It is sure that IOTA gonna be the next king, and from there the real decentralised decade of Altcoins gonna start, with more projects more decentralised than IOTA to try to be the Futur King. I'm not an IOTA, Bitcoin, Ethereum defender, i dont give a shit about them. my only concerns are a fair,secure, too much decentralised, with no fees coins to be the new model. Bitcoin has 8 years of history, while all the altcoins only have promises and hype. Of course Bitcoin is farm from perfect, in terms of speed and costs it's far from Visa or PayPal, but altcoins are just worse. It may seem like they offer cheap instant transactions, but their networks have never been under any significant load, if people tried to use them as much as they use Bitcoin, altcoins would quickly face the same problems as Bitcoin. Title: Re: The king is already dead. Post by: AK47- on June 15, 2017, 03:08:57 PM I said something similar in one of my previous posts. To be more clear, it is dead as payment system for micro-payments, not as an asset or a payment system for expensive stuff. Yeah bitcoin is not preferable for micro transaction because of the scaling issue. And this scaling issue is most likely to be resolved soon. Majority of the bitcoin holder consider bitcoin as an investment and they will buy more and keep on holding it. Nothing is going to happen to bitcoin. It will retain its number one position as for now.Title: Re: The king is already dead. Post by: leyton11 on June 15, 2017, 03:22:24 PM Haha, I ussually see some thread created look like this thread when Bitcoin crashes more than 30% value. Okay, you can freedom of speech and I will see the price of Bitcoin.
In history, more news told "Bitcoin will died soon", "Sell Bitcoin if you not want loss your money", "Bitcoin = Sh*t", ... But after, it not only continue live, it comeback and raiced up more after crashes. I think it will comeback to 3500$ soon or test again support line 1800$ before comeback :) Title: Re: The king is already dead. Post by: deisik on June 15, 2017, 05:16:13 PM Bitcoin, Ethereum and the alts are all part of the same economy. If Bitcoin falls, the rest will too. If Ethereum falls, it will take a lot of tokens with it This is no longer the case In fact, it might have never been the case right from the start but we may never be able to find out already. Right now Bitcoin comes quite close if not to its last breath but at least to the end of its current sphere or level of existence. So we have to wait just a little over a month to see how good altcoins can fare without Bitcoin (I mean, previous Bitcoin as we know it today). If Bitcoin splits to the roots, it will become just another coin, so it will be a level playing field for all cryptocoins on the block Title: Re: The king is already dead. Post by: ICO INVESTOR on June 15, 2017, 07:59:46 PM Well well, Well WellI announced it before, but now its official: The king Bitcoin is death. Who killed it? miners with their big fees day after day. its 7 dollars right now and gonna increase day after day. Bitcoin is no longer suited for small transactions, speed stransactions. Peoples with small account are no longer welcome by Bitcoin miners. Ethereum gonna be the new king for some months, but he is like bitcoin. With increasing fees gonna be dead soon too. When i said dead it means no longer number 1. And then a third new king gonna came and stay there for maybe years, a king Altcoin with free transactions fees, very speed and secure transactions. Maybe this king is already there: IOTA . With something innovative than the very slow and high fees blockchains system. It is sure that IOTA gonna be the next king, and from there the real decentralised decade of Altcoins gonna start, with more projects more decentralised than IOTA to try to be the Futur King. I'm not an IOTA, Bitcoin, Ethereum defender, i dont give a shit about them. my only concerns are a fair,secure, too much decentralised, with no fees coins to be the new model. Bitcoin has died 135 times https://99bitcoins.com/bitcoinobituaries/ return to this thread in 2018 when bitcoin go to 10k Dollars and apologize to the king :P Title: Re: The king is already dead. Post by: megynacuna on June 15, 2017, 08:01:17 PM At this point, if the King dies, the others won't last long too. The ETH dump already started. I believe some solution will be found sooner or later. Yes, that's part of the reason why we shouldn't ridicule Bitcoin at the slightest dump because there's goingbtobbeva solution somehow soon and if you wish for Bitcoin to die you're indirectly wishing the other Altcoins die because they are indirectly dependent on Bitcoin. Title: Re: The king is already dead. Post by: aguila on June 15, 2017, 08:12:14 PM Well well, I announced it before, but now its official: The king Bitcoin is death. Who killed it? miners with their big fees day after day. its 7 dollars right now and gonna increase day after day. Bitcoin is no longer suited for small transactions, speed stransactions. Peoples with small account are no longer welcome by Bitcoin miners. Ethereum gonna be the new king for some months, but he is like bitcoin. With increasing fees gonna be dead soon too. When i said dead it means no longer number 1. And then a third new king gonna came and stay there for maybe years, a king Altcoin with free transactions fees, very speed and secure transactions. Maybe this king is already there: IOTA . With something innovative than the very slow and high fees blockchains system. It is sure that IOTA gonna be the next king, and from there the real decentralised decade of Altcoins gonna start, with more projects more decentralised than IOTA to try to be the Futur King. I'm not an IOTA, Bitcoin, Ethereum defender, i dont give a shit about them. my only concerns are a fair,secure, too much decentralised, with no fees coins to be the new model. I have been warning this since January and we are reaching the point of no return... Title: Re: The king is already dead. Post by: ohlawdy on June 16, 2017, 03:22:26 AM After coming back to btc after a while these high fees and long transactions times are pretty bad. 2 big advantages of bitcoin that it had.
Title: Re: The king is already dead. Post by: noictib on June 16, 2017, 04:05:36 AM Well well, You are true , but still you can't say it is dead now , it is because the value of the Bitcoin is still in my opinion .I announced it before, but now its official: The king Bitcoin is death. Who killed it? miners with their big fees day after day. its 7 dollars right now and gonna increase day after day. Bitcoin is no longer suited for small transactions, speed stransactions. Peoples with small account are no longer welcome by Bitcoin miners. Ethereum gonna be the new king for some months, but he is like bitcoin. With increasing fees gonna be dead soon too. When i said dead it means no longer number 1. And then a third new king gonna came and stay there for maybe years, a king Altcoin with free transactions fees, very speed and secure transactions. Maybe this king is already there: IOTA . With something innovative than the very slow and high fees blockchains system. It is sure that IOTA gonna be the next king, and from there the real decentralised decade of Altcoins gonna start, with more projects more decentralised than IOTA to try to be the Futur King. I'm not an IOTA, Bitcoin, Ethereum defender, i dont give a shit about them. my only concerns are a fair,secure, too much decentralised, with no fees coins to be the new model. Let think and go in the past and see what was the Bitcoin price , if you will see then you got shocked that it's price was 3$ and fall to down 1$ . Now came back in the present and see what is the price and what is the fee according to that time because in the starting to make transaction and confirm the transaction easily we need to pay fee of 0.01btc , but currently this amount of fee is very small to 0.001btc or even less . So how can you say that the Bitcoin is dead , but still a limit at the peak will came where people will move toward another coins also like eth or dash because they have future and cheaters like the Bitcoin technology and never get down like Bitcoin as the rate for those altcoin ( which is mentioned by you in the thread ) is increasing , so instead to say dead ,.we should make profit of down price and buy more Bitcoin and then sell when it gets high . Title: Re: The king is already dead. Post by: Recca297 on June 16, 2017, 06:13:21 AM I think BTC will have some update to resolve its problem and still be the king :)
Title: Re: The king is already dead. Post by: slaman29 on June 16, 2017, 06:20:42 AM Not exactly completely dead for micropayments. Check out faucethub or moonbitcoin payments and other paid to click sites. They payout thousands weekly in the sums of 25,000 satoshi, which isn't very micro, but how else can you earn or pay 0.01 cents to customers?
Title: Re: The king is already dead. Post by: acpr23 on June 16, 2017, 08:37:59 AM in my own experience it is much better to transact using Stellar XLM coins. TX fees are fixed only 0.0001 XLM lower or almost 1 satoshi only and transaction time only takes 3-5 seconds. it also has the capability to make an asset in its network just like ETH and Waves. when i am trading im using stellar coins in my transfer from an exchange to another one because it is much faster and cheaper. maybe will be the next KING soooon???
Title: Re: The king is already dead. Post by: Adelajda on June 16, 2017, 09:11:33 AM I'm not an IOTA, Bitcoin, Ethereum defender, i dont give a shit about them. my only concerns are a fair,secure, too much decentralised, with no fees coins to be the new model. Wow,since you are looking for coins with no fees,then you are in the wrong place,you have to pay transaction fees if you are sending crypto currency and nothing runs for free,no one is forcing anyone to use bitcoin on a daily basis and if you are not able or not happy to transact with higher fees then you should not,the freedom is yours. ;DTitle: Re: The king is already dead. Post by: Bowtiesarecool on June 16, 2017, 09:27:09 AM I'm not an IOTA, Bitcoin, Ethereum defender, i dont give a shit about them. my only concerns are a fair,secure, too much decentralised, with no fees coins to be the new model. Wow,since you are looking for coins with no fees,then you are in the wrong place,you have to pay transaction fees if you are sending crypto currency and nothing runs for free,no one is forcing anyone to use bitcoin on a daily basis and if you are not able or not happy to transact with higher fees then you should not,the freedom is yours. ;DTitle: Re: The king is already dead. Post by: suryati on June 16, 2017, 09:34:25 AM Its hard for altcoin to replace bitcoin, maybe ethereum can replace but not now. Nowadays Transaction fee is very big problem for bitcoiners, hope transaction fee decrease in near future. Yes i think so it's hard for altcoin to replace bitcoin, it so many reason for that are used to make the coin has a high price one of which the popularity of these coins, transaction fee, and how many production these coin. Someday etherum will he replace bitcoin maybe next year who knows... ;D Title: Re: The king is already dead. Post by: ekin4 on June 16, 2017, 10:36:12 AM Ethereum fee problem is already bigger than Bitcoin. Ethereum network reject contracts after big fees. Bitcoin never did that.
IOTA is nothing to compare. Don't compare rookies with veterans please. Title: Re: The king is already dead. Post by: lurker10 on June 16, 2017, 10:53:34 AM I wouldn't say the king is dead just yet but in 2017 the crypto are in phase transition, this is for sure. There were signs this would happen long before it actually started happening.
Title: Re: The king is already dead. Post by: HeRetiK on June 16, 2017, 01:42:20 PM Bitcoin, Ethereum and the alts are all part of the same economy. If Bitcoin falls, the rest will too. If Ethereum falls, it will take a lot of tokens with it This is no longer the case In fact, it might have never been the case right from the start but we may never be able to find out already. Right now Bitcoin comes quite close if not to its last breath but at least to the end of its current sphere or level of existence. So we have to wait just a little over a month to see how good altcoins can fare without Bitcoin (I mean, previous Bitcoin as we know it today). If Bitcoin splits to the roots, it will become just another coin, so it will be a level playing field for all cryptocoins on the block Apart from the ETH ecosystem, the fundamentals haven't changed much since the last bubble. Most alts stagnated during the bear market. During the bull run of the last few months most alts went crazy when BTC made as much as a sneeze. I personally doubt that a chain split will make much of a difference, apart from a short to mid-term turmoil. One chain will be treated as the "official" Bitcoin and used by merchants as is while the other will be... the other one. Of course I might be wrong about all of this. The split could be Bitcoin's downfall. Alts may prevail and actually make for a good hedge this time around. But the jury is still out. The recent drop is nothing compared to what BTC has went through already, so the actual storm is still ahead. Or maybe it isn't. Title: Re: The king is already dead. Post by: Snail2 on June 16, 2017, 01:54:03 PM Ok if you're going that far to say IOTA is the new king then I'll go that far and say the new king is in my signature. Read it. Title: Re: The king is already dead. Post by: ahoenk on June 16, 2017, 02:35:21 PM i also did not use bitcoin for mini transaction now, the fee is awfull
better to use ethereum untill segwit implemented to bitcoin, bitcoin designed for investment long term not for daily transaction. for daily transaction there are many altcoin such dash, eth, ripple etc.. Title: Re: The king is already dead. Post by: mastadonballs on June 16, 2017, 03:27:34 PM Yes, Bitcoin is already dead, when Bitcoin is launched, it's the best way to send micro payments but for now, people can't (still can but with bigger fee than sending)
Title: Re: The king is already dead. Post by: snowcrashed on June 16, 2017, 03:31:27 PM Yes, Bitcoin is already dead, when Bitcoin is launched, it's the best way to send micro payments but for now, people can't (still can but with bigger fee than sending) Yeah, one of the biggest benefit of Bitcoin is gone so that people are going to leave using Bitcoin, instead of that, they will try to find some other altcoins that may have a smaller fee (or maybe no fee?)Title: Re: The king is already dead. Post by: Ayers on June 16, 2017, 04:15:31 PM lol dude, you know how many times they said that bitcoin was died, and then the price increase more than before? bitcoin will never die, it's immortal, and other coin will die first than bitcoin this is for sure, don't trust what miners, say, miners are faggot that think only about their profit, i don't trust bitmain, they want to fork to another coin and leave bitcoin unsecure
Title: Re: The king is already dead. Post by: xbiv2 on June 16, 2017, 04:21:35 PM BITCOIN used by millions people every day
https://pastebin.com/HaUFmW0f Title: Re: The king is already dead. Post by: kryptqnick on June 16, 2017, 04:27:44 PM Yes, Bitcoin is already dead, when Bitcoin is launched, it's the best way to send micro payments but for now, people can't (still can but with bigger fee than sending) Bitcoin is still #1 in any rating under any criteria. Thus, we can't say it is dead. I would rather say that fees and speed form a big threat to its dominance but for now people are still ready to use it like that, because there's nothing better and although they pay big fees, they still win, because the price of it is unbelievable. Maybe btc will always stay like that, having high positions, and some other coin will be finally made suited for daily life.Title: Re: The king is already dead. Post by: Hermanny on June 16, 2017, 04:33:44 PM ETH is just a shitcoin (and not really even a coin) with scammy hard forks and ICOs. If you don't like BTC switch to LTC!
Title: Re: The king is already dead. Post by: deisik on June 16, 2017, 04:50:28 PM Bitcoin, Ethereum and the alts are all part of the same economy. If Bitcoin falls, the rest will too. If Ethereum falls, it will take a lot of tokens with it This is no longer the case In fact, it might have never been the case right from the start but we may never be able to find out already. Right now Bitcoin comes quite close if not to its last breath but at least to the end of its current sphere or level of existence. So we have to wait just a little over a month to see how good altcoins can fare without Bitcoin (I mean, previous Bitcoin as we know it today). If Bitcoin splits to the roots, it will become just another coin, so it will be a level playing field for all cryptocoins on the block Apart from the ETH ecosystem, the fundamentals haven't changed much since the last bubble. Most alts stagnated during the bear market. During the bull run of the last few months most alts went crazy when BTC made as much as a sneeze. I personally doubt that a chain split will make much of a difference, apart from a short to mid-term turmoil. One chain will be treated as the "official" Bitcoin and used by merchants as is while the other will be... the other one Things may start to escalate dramatically Not that they are not already, but we may likely have not yet seen the best part of the drama. Personally, I don't really think that there will be a split leading to a hard fork but if things do come to that after all, we will certainly see a merciless war with massive dumps of the other Bitcoin by both sides. So you may picture what the price would look like in these circumstances and to what insane levels volatility might spike in this case. Long term Bitcoin holders won't be happy, I'm not even speaking about merchants Title: Re: The king is already dead. Post by: Idrisu on June 16, 2017, 05:26:46 PM I will not pray bitcoin to be death as it stands as a gold standard to others coins. Many coins has come up and pronounce that their have come to berry bitcoin but the end of it is always dump. To measure few of them that they promoter has said they coin have come to replace bitcoin because of mining fee and greedy, coins like litecoin, ethereum, creditbit, lisk and ripple.
Title: Re: The king is already dead. Post by: HeRetiK on June 16, 2017, 05:29:18 PM Things may start to escalate dramatically Not that they are not already, but we may likely have not yet seen the best part of the drama. Personally, I don't really think that there will be a split leading to a hard fork but if things do come to that after all, we will certainly see a merciless war with massive dumps of the other Bitcoin by both sides. So you may picture what the price would look like in these circumstances and to what insane levels volatility might spike in this case. Long term Bitcoin holders won't be happy, I'm not even speaking about merchants Long term Bitcoin holders are used to insane levels of volatility, if anything it will shake out some of the weaker hands. Merchants don't care about volatility, as they usually instantly convert to Fiat. A merciless dump war is an interesting theory, but I assume people will flock to whatever chain solves the scaling problem most effectively. Scaling, that's the one issue that neither Bitcoin nor any of the alts seem to have solved yet. Not even Ethereum, from the looks of it. If you know of any cryptocurrency that has solved this problem I'd love to hear it. Serious question. I've lost track of the cointless coins and tokens and most of them seem to focus either on anonymity, smart contracts or buzzwords. Title: Re: The king is already dead. Post by: espante on June 16, 2017, 05:37:40 PM ETH is just a shitcoin (and not really even a coin) with scammy hard forks and ICOs. If you don't like BTC switch to LTC! I have to disagree that ETH is a shitcoin. I do however think you have a point in your second sentence, another altcoin (not necessarily LTC) could just as easily end up eventually overtaking bitcoin as the dominant coin. Title: Re: The king is already dead. Post by: Spoetnik on June 17, 2017, 04:23:46 AM There will only ever be one FIRST COIN.
Title: Re: The king is already dead. Post by: MWesterweele on June 17, 2017, 04:31:05 AM Well well, That the bad thing about people, weve been saying a thing based on what we see not because of what it has been for us. Yes the problem could be the transaction fees, but i think it is not yet bad to have a fees as long as the amount of fees is still fair to us. And our bitcoin withdraw value still bigger than the fees.I announced it before, but now its official: The king Bitcoin is death. Who killed it? miners with their big fees day after day. its 7 dollars right now and gonna increase day after day. Bitcoin is no longer suited for small transactions, speed stransactions. Peoples with small account are no longer welcome by Bitcoin miners. Ethereum gonna be the new king for some months, but he is like bitcoin. With increasing fees gonna be dead soon too. When i said dead it means no longer number 1. And then a third new king gonna came and stay there for maybe years, a king Altcoin with free transactions fees, very speed and secure transactions. Maybe this king is already there: IOTA . With something innovative than the very slow and high fees blockchains system. It is sure that IOTA gonna be the next king, and from there the real decentralised decade of Altcoins gonna start, with more projects more decentralised than IOTA to try to be the Futur King. I'm not an IOTA, Bitcoin, Ethereum defender, i dont give a shit about them. my only concerns are a fair,secure, too much decentralised, with no fees coins to be the new model. Title: Re: The king is already dead. Post by: eagle10 on June 17, 2017, 04:35:58 AM If bitcoin stayed to be expensive in fees and charges then, long live altcoins with low fees and some are free of charge. Death is near to those who dont change the system and keep increasing the fees.. people and investors will walk away surely.
Title: Re: The king is already dead. Post by: xbiv2 on June 17, 2017, 04:58:15 AM If bitcoin stayed to be expensive in fees and charges then, long live altcoins with low fees and some are free of charge. Death is near to those who dont change the system and keep increasing the fees.. people and investors will walk away surely. BITCOIN fee same for $1 and for $999,999,999 transactionsBITCOIN for investment and transfer capital worldwide Also you can read this: https://pastebin.com/ZUxTmR99 Title: Re: The king is already dead. Post by: indika on June 17, 2017, 05:07:38 AM Well well, I announced it before, but now its official: The king Bitcoin is death. Who killed it? miners with their big fees day after day. its 7 dollars right now and gonna increase day after day. Bitcoin is no longer suited for small transactions, speed stransactions. Peoples with small account are no longer welcome by Bitcoin miners. Ethereum gonna be the new king for some months, but he is like bitcoin. With increasing fees gonna be dead soon too. When i said dead it means no longer number 1. And then a third new king gonna came and stay there for maybe years, a king Altcoin with free transactions fees, very speed and secure transactions. Maybe this king is already there: IOTA . With something innovative than the very slow and high fees blockchains system. It is sure that IOTA gonna be the next king, and from there the real decentralised decade of Altcoins gonna start, with more projects more decentralised than IOTA to try to be the Futur King. I'm not an IOTA, Bitcoin, Ethereum defender, i dont give a shit about them. my only concerns are a fair,secure, too much decentralised, with no fees coins to be the new model. i sujest you to dash is the next and perfect btc alternative at this time to transfer money very quick transection processing ,low fee im using this methods to transfer money within exchangers,and i hope dash will be next most populer criptocurrency Title: Re: The king is already dead. Post by: fortunecrypto on June 17, 2017, 05:13:00 AM Yeah right so go check the history and price chart to see if bitcoin is really dead as I'm posting this there's a 3% percent growth, I have a negative views few in coins that claim that they can and will beat Bitcoin when they are just a clone of the king
Title: Re: The king is already dead. Post by: btcney on June 17, 2017, 05:42:02 AM How is it 7 dollars right now? When I send my transactions the max that i'm charged is 0.001 BTC but usually it's 0.0008 or less. That's $1.6.
Compare this to Ethereum. It's actually more expensive to send Ethereum, as you'd have to pay 0.005 ETH in transaction fees on average and that's around $1.8 right now. Some exchanges even have transaction fees of 0.01 ETH. Bitcoin is still #1 and will continue to be in the future. Just because Ethereum came close doesn't mean it's going to replace bitcoin, nor does it mean in any way that bitcoin is dead. Good try to shill for altcoins, close but no cigar. Title: Re: The king is already dead. Post by: Spoetnik on June 17, 2017, 05:44:17 AM I been over this noobs..
Price means sweet fuck all. Is a rising ponzi / pyramid scheme "legit" or alive or good ? Seriously you are THAT dumb people. Forever you all insist that a coin is successful etc via the market price data. When in actual reality it means nothing at all what so ever. The OP here is correct. BTC is dead. It's failed. Unless drastic changes are made it's in a very serious precarious position. Let me put it this way.. Anyone holding a small amount of BTC won't move it or risk taking a large penalty. As a "currency" it has in fact failed miserably. And your favorite Altcoin with the same user base moving coins with it would suffer as well. I don't think people realize how it used to be vs how it is now with BTC. It just gets worse & worse. - It's now more complicated to move money. (a user now has to figure out why their TX isn't moving and then be mocked for not paying a high enough TX fee by BTC assholes) - It costs a whole lot more than it did in 2013 for example. - The wait times are simply unacceptable. If BTC was launched now as an ICO which you all claim is REQUIRED. It would be laughed off the forum as a stupid failure. But yeah i have been pointing out the obvious to idiots here for years. You are blind profiteers.. you are so obsessed with profits you see nothing else. Market price of a coin is irrelevant.. everything else about it matters. The most important thing is USAGE and adoption. 3% growth ? Yeah duh.. there is a surge of shitcoin ponzi aficionado's running in here. AND they need to buy Bitcoin to buy retarded shitcoins for ROI's. That is what is fueling BTC's rise here. I find it amusing we see dipshits say ETH will replace BTC soon. Only problem is you need BTC to BUY Ethereum scam ICO "fuel tokens" A rather large paradox no ? Like i just said.. you all aren't too fucking bright :D What would you all do here with out me ? PS: Interac eTransfer costs 50 cents to move money. Supported in more places than BTC and is instant. Yup ..BTC failed big fucking time ! Title: Re: The king is already dead. Post by: justspare on June 17, 2017, 11:07:19 PM At this point, if the King dies, the others won't last long too. The ETH dump already started. I believe some solution will be found sooner or later. bitcoin currency is now being use at high level and some of our bitcoin society user are calling it as a king of all other currencies , well its also true that many currencies occurred and died because of less membrane but bitcoin is still unbeatable so we can say in case of bitcoin it will never die infect it will become more popular..Title: Re: The king is already dead. Post by: mackenzied on June 18, 2017, 07:53:40 AM Well well, Yeah I am not in any side but I think that Bitcoin is already dead too, because of miners' fees, because of new coins that have potential, because of unsurpoting of some governments, Bitcoin is already dead or GOING TO dieI announced it before, but now its official: The king Bitcoin is death. Who killed it? miners with their big fees day after day. its 7 dollars right now and gonna increase day after day. Bitcoin is no longer suited for small transactions, speed stransactions. Peoples with small account are no longer welcome by Bitcoin miners. Ethereum gonna be the new king for some months, but he is like bitcoin. With increasing fees gonna be dead soon too. When i said dead it means no longer number 1. And then a third new king gonna came and stay there for maybe years, a king Altcoin with free transactions fees, very speed and secure transactions. Maybe this king is already there: IOTA . With something innovative than the very slow and high fees blockchains system. It is sure that IOTA gonna be the next king, and from there the real decentralised decade of Altcoins gonna start, with more projects more decentralised than IOTA to try to be the Futur King. I'm not an IOTA, Bitcoin, Ethereum defender, i dont give a shit about them. my only concerns are a fair,secure, too much decentralised, with no fees coins to be the new model. Title: Re: The king is already dead. Post by: niisarearning on June 18, 2017, 08:26:09 AM Based on my understanding bitcoin initially gain popularity because of micro transaction low transaction fees and transaction time.Once after gaining trust and widely accepted currency its now using for huge fund transfer from one country to another so bitcoin is aot affordable by common and small investors and enthusiasts
Title: Re: The king is already dead. Post by: deisik on June 18, 2017, 10:00:59 AM Things may start to escalate dramatically Not that they are not already, but we may likely have not yet seen the best part of the drama. Personally, I don't really think that there will be a split leading to a hard fork but if things do come to that after all, we will certainly see a merciless war with massive dumps of the other Bitcoin by both sides. So you may picture what the price would look like in these circumstances and to what insane levels volatility might spike in this case. Long term Bitcoin holders won't be happy, I'm not even speaking about merchants Long term Bitcoin holders are used to insane levels of volatility, if anything it will shake out some of the weaker hands. Merchants don't care about volatility, as they usually instantly convert to Fiat. A merciless dump war is an interesting theory, but I assume people will flock to whatever chain solves the scaling problem most effectively. Scaling, that's the one issue that neither Bitcoin nor any of the alts seem to have solved yet. Not even Ethereum, from the looks of it. If you know of any cryptocurrency that has solved this problem I'd love to hear it. Serious question. I've lost track of the cointless coins and tokens and most of them seem to focus either on anonymity, smart contracts or buzzwords Litecoin has recently adopted SegWit and Lightning Network Whether these improvements will actually help to solve the scaling issues in practice remains to be seen though. Right now, Litecoin hasn't yet run into this problem, so it is hard to say how it will scale up in real life. Regarding merchants, they may in fact not care but payment processors via which they receive payments certainly do. As well as users paying with bitcoins, for that matter. What I mean to say is that the receiving party (i.e. merchants and payment services) will have to increase their safety margins to avoid being caught by a sudden surge in volatility. That means that buyers will have to pay more in dollar terms if they choose to pay with bitcoins Title: Re: The king is already dead. Post by: richardfisk on June 18, 2017, 11:09:05 AM Based on my understanding bitcoin initially gain popularity because of micro transaction low transaction fees and transaction time.Once after gaining trust and widely accepted currency its now using for huge fund transfer from one country to another so bitcoin is aot affordable by common and small investors and enthusiasts Hope that people will soon bitcoin so that we will have more people enjoy using this cryptos. Bitcoin should be greater than now but it can not because of the high fee and slow transaction. We really need to activate the segwit and increase the blocksize from 1mb to 2mb. If bitcoin rise again, we will have a chance to collect cheap ethereum because people will abandon ethereum to join bitcoin Title: Re: The king is already dead. Post by: bitbob82 on June 18, 2017, 12:11:14 PM At this point, if the King dies, the others won't last long too. The ETH dump already started. I believe some solution will be found sooner or later. bitcoin currency is now being use at high level and some of our bitcoin society user are calling it as a king of all other currencies , well its also true that many currencies occurred and died because of less membrane but bitcoin is still unbeatable so we can say in case of bitcoin it will never die infect it will become more popular..Title: Re: The king is already dead. Post by: bit1 on June 18, 2017, 04:20:34 PM Well well, Yeah I am not in any side but I think that Bitcoin is already dead too, because of miners' fees, because of new coins that have potential, because of unsurpoting of some governments, Bitcoin is already dead or GOING TO dieI announced it before, but now its official: The king Bitcoin is death. Who killed it? miners with their big fees day after day. its 7 dollars right now and gonna increase day after day. Bitcoin is no longer suited for small transactions, speed stransactions. Peoples with small account are no longer welcome by Bitcoin miners. Ethereum gonna be the new king for some months, but he is like bitcoin. With increasing fees gonna be dead soon too. When i said dead it means no longer number 1. And then a third new king gonna came and stay there for maybe years, a king Altcoin with free transactions fees, very speed and secure transactions. Maybe this king is already there: IOTA . With something innovative than the very slow and high fees blockchains system. It is sure that IOTA gonna be the next king, and from there the real decentralised decade of Altcoins gonna start, with more projects more decentralised than IOTA to try to be the Futur King. I'm not an IOTA, Bitcoin, Ethereum defender, i dont give a shit about them. my only concerns are a fair,secure, too much decentralised, with no fees coins to be the new model. That has been said many times and it is a something that has not happened, eventually the scheduled changes happen in one form or another, while the price remains upon 2.5 K means that people still have this as the first option. |