Bitcoin Forum

https://i.imgur.com/Gtuo7GY.png

Dude Roger. Chill out. Nobody, and I mean NOBODY knew bitcoin would ever be this successful. And now that it is, you're gonna whine about it not being even higher? THE PRICE OF BITCOIN IS TOO HIGH ALREADY!

Its no longer a coin of the people. It's a toy for the fabulously wealthy and bored. So I guess that makes it the perfect toy for you. So what are you complaining about? Meanwhile, I predict the price of BCH and other coins attempting "cash" in on the good name of bitcoin to be dust within a year. Without any merchant adoption whatsoever, they are dead in the water.

...And I predict that the masses will jump to a more useful altcoin. It could be Bitcoin Cash, it could be Litecoin, it could even be Ethereum when newcomers do enough exploring to see the cool stuff you can do with ETH. That's if they don't ditch cryptocurrencies altogether because of all the infighting between the big-name players. Roger Ver is greedy. So is everybody else who is whinging about how all the forks are going to hurt the value of Bitcoin, if we even have anything that's recognizable as the "original" Bitcoin when it's over.

Nope. Will not. Who accept bitcoin cash? please name one person/vendor.

He's greedy for sure, but honestly, if you could have more, why wouldn't you want to? Cryptocurrencies are still in their infancy and it's fairly obvious from all of the arguments that we still haven't found the best way to implement them. In a way, criticisms like this are good because at least we know there are people fighting for improvements.

I don't think any Bitcoin fork can truly take its place, but in the world of technology where everything is fast paced, you're going to get left behind if you stay stationary. Bitcoin is solid enough to remain relevant, but if it stays the same while all of its competitors are improving and all the while patching its weaknesses, something else overtaking it is almost inevitable. I don't think it will happen in the foreseeable future, but it's a very real possibility.

I do not think so. There is no question in my mind that these problems we currently have in bitcoin are stifling growth and the the price in the short term. The price of Bitcoin is currently growing at a fast pace because of all these hard forks. I agree, the price of Bitcoin is too high. If it were according to me it would be a lot less.

"Stifling growth?" You mean out-doing the rate of gains by the Dutch Tulip Disaster by over 5-fold is the same thing as "stifled" to you?

Well we reached $6k with core i dont see how $10k is actually that much different considering we've come from zero.  If he said we could have been at $100k+ then thats a big difference.

You agree with the Tweet and yet agree that the price of Bitcoin is too high? Mister Ver thinks Bitcoin should have been $10,000 - more than 10 times the price a year ago. He needs to understand that big blocks is hardly the main issue and that Core is not stifling price. If so, what on earth is stifling... nay, pushing down on the price of Bitcoin Cash? No limits to blocks, no limits to price, so why isn't it performing?

And when did this all become about price anyway? Says a lot about the "other" camps beyond Core. They talk loudly about ideology and make references to whitepapers, but at the end of the day price frustrates them.

Besides the obvious problems with the assumption that BTC's market dominance would still be as high as before with a larger block size, he's also assuming that a higher market dominance purely means further increases in the Bitcoin price rather than less increases in the altcoin prices.

There was a lot of hype around altcoins, especially ETH, and the prospect of "the flippening" to a newer coin.  This caused altcoins to rise massively, but BTC was not falling during that period.  It just wasn't rising quite as quickly as all the altcoins, many of which were pretty much useless.
It's extremely naive of you to think that the price is somehow held back at this point.  Perhaps you got in extremely late.

No one cares about utility other than a tiny number of weirdos. Everyone else wants price appreciation, technical stability, competent development and the largest pool of buyers and sellers. Even then the sheer amount of acceptance makes BTC by far the most useful coin. What can I do with Dash? Fuck all pretty much.

i think those advocates for bitcoin forks should stop already. It is causing too much distortion and volatility to an asset class whose utility the average man on the street is yet to appreciate. Its time for the community to shift from all these unnecessary price speculation, and focus on value creation.

Greed is a good thing! Have you ever seen a stock trader that isn't greedy? Also, I don't agree that the price is too high. It's what it should be and I'd welcome another pump with open arms ;)
We all should be reaching for more and wanting more. If the price is enough for you then you should withdraw and go on vacation or something. I'm hoping for $10k at least.


Many of these people became wealthy because they invested early. Each of us had our chance, but most blew it by selling to early. If you got in at $100 maybe you'd be fabulously wealthy and bored.

that tweet is 50% correct.
bitcoin would have already been $10,000 or near that price and would have been adopted by a lot more if "it weren't for the 3 year childish fights over scaling bitcoin".

we can clearly see what end of this stupid scaling debate back in August and people like Roger Ver did to bitcoin. you can only imagine what things would have been like if they never existed or forked off a long time ago.

There will always be stupid debates, if not about scaling then about something else. These tend to suppress the price, but I tend to believe that some level of controversy helps keep Bitcoin strong and less fragile.

The price of bitcoin is still surging because of the upcoming fork. Investors believe BTC will manage its own after the fork. So, some are turning their alts to BTC. So yes, other alts and BCH value are low today as this is one of the factors.

I always hate it when people use price as a sort of scale of a cryptocurrency's success.

Except that ETH wasn't made to be a currency. :P

yeah, well the biggest one to this date was this one and it really kept bitcoin back.
I agree with the second part though. if it doesn't get out of hand and not get prolonged more than it has to, these disagreements can be helpful.

... and it was premined, and has lot of bugs (another DAO is always around the corner) :P

well most his tweet is true bitcoin price will more than today's price if this concensus drama lasted for 3 years... if Roger Ver and his allies weren't started the war and follow the core instead bitcoin will moe sucessful than ever...



Indeed no one will own bitcoin cash for a long term except to those BU/BCH supporters and besides who wants to hold the same bitcoin only the difference is 8mb blocks and doesn't support segwit and also the price is more volatile than bitcoin? even i sold my bitcoin cash at the of it's release. BCH is failure just like classic, XT.

Yep I wish I had access to my paper savings wallet, I woulda sold off my BTG immediately. It was nice of blockchain.info to eventually give us our BCH, I have to say, which I sold as soon as I saw they were doing that for us.

Just a couple of things I find ironic is that he usually presents himself as the champion of the people and that he wants Bitcoin to advance with quicker and cheaper transactions, however usually shows his true form by complaining about the price. Of course he's still so involved with Bitcoin even though he forked out with Bitcoin Cash and where's the quicker and cheaper transaction and mass adoption there? He's been holding Core back for so long and I thought maybe we finally got him of their backs but no.

I don't really think it's about his image vs. his true form. The common thread in Roger's propaganda is just that it's anti-Core. At first I thought he just had a different vision for scaling, and maybe that he legitimately believed that low fees were the key to adoption. But his alignment with Bitmain and Craig Wright and the reality of his major investments in companies like Bitpay make his intentions appear more nefarious.

We can't expect him to get off their backs. Either Bitcoin Cash takes off (unlikely but still far too early to tell) or he stays trolling Core. He hasn't sold his BTC for BCH. He's just telling other people to.

Bitcoin cash should be named as a shitcoin cash.Unlike bitcoin,you could not use it instead of cash for buying any products.

Bitcoin was created as a decentralized currency and even today,its used as a payment option in many retail shops in bitcoin friendly countries.Bitcoin is considered as a currency as well as a commodity.

But BCH has no role to play in the retail sector.I bet that it would never be accepted as a payment option.It is just being pumped by big hales mostly backed by chinese.

BCH has no unique features to deliver.

Roger ver is the anti christ of bitcoin and we could not expect from  him any thing really for the progress of bitcoin.

I think he's just pro-greed. He's always looking for a new way to make even more money by "cashing" in on the good name of bitcoin. All he's really contributing is money into his own fat wallet.