Bitcoin Forum

Lets face it- BTC is total worthless- its garbage and you cant use it for anything

Last years bullrun had nothing to do with BTC beeing innovativ or anything- the only reason BTC reached this price levels is because of bitconnect and Ethereum ICOs
for bitconnect and to take part in eth icos the easiest way was to buy bitcoin and than invest in bitconnect- buying bcc coins

same with ethereum ICOs- majority of people bought BTC than traded it for ETH and than investing in eth ICOs

so if btc wouldnt have been around it would have even been much better if someone was abe to invest directly in bitconnect or ethereum.

Mike Novogratz is a shill from the worst kind- same with this other BTC shill Tone Vays

Face it BTC fanboys- your coin is garbage and noone can use it for anything- the only reason it had any usage was in the beginning when people used it to buy drugs on the darknet but other than that- screw bitcoin

and even lightning cant save this crap


And on the next bullrun ethereum will outperform btc again- especially when people are than able to purchase eth directly with fiat.

now prove me wrong, lol

Where do such negative emotions come from, without facts?  ???
Of course, we all would like Bitcoin to become a world currency and be legalized in all countries at once - but everything takes time.

Eth is sooo mighty, until cryptokitties destroys it again. lol

What?  ??? Where do you get all this from? Would have been reasonable if you said bitcoin works on hype ,you are total wrong and I'm sure next bullrun will start from bitcoin and not ethereum

first of all bitconnect is just an exchange that turned into/revealed itself as a scamming business.
bitconnect is not bitcoin. and bitcoin is not bitconnect.
one is code, the other is a business. they are completely different things


i personally pay my bills. buy groceries and many things with bitcoin. i have not had any FIAT worries since 2012

the problem is not bitcoin.
the problem is that people think bitcoin:
   is some AI that:
          self codes and self evolves
          will visit your local grocery store and set itself up with your local shop
          that is not reliant on devs to evolve.
   needs to process every transaction(fud:"gigabytes by midnight") or no transactions(fud:"medium of exchange failed")).
          they feel if it cant be used to buy a google ad at 0.001cent.
          that bitcoin needs to be pushed to cost people $0.10-$10 and then use a different network for everything.
                 i personally can buy coffee with bitcoin (yes people will be shocked) and no i dont need LN to do it.
                 and no its not due to temporary low fees allowing it.

bitcoin will not mow your lawn for you. YOU need to phone a gardener. and ASK the gardener if they will accept bitcoin
bitcoin will not buy your groceries for you. YOU need to go to your grocery store and ASK the store if they will accept bitcoin
bitcoin will not teach you about itself. YOU need to do the research and YOU need to help others to learn about it

and a big tip for many.
when you have learned a little. do not go around with fluffy cloud unicorns of over prmised over promoted things to think it will entice more people into using it. do not oversell the purpose of bitcoin. be free and liberated to also admit its flaws.
firstly it allows people to know what its really about. and if they do get into it they know they will get what they expect.
no hope no trust needed. it just does what it does.

too many go for the over optimistic hope of fluffy cloud future, which ends up frustrating more people than those who are
open to mention the critical issues.
mentioning the critical issues is good. because outside the echo chambers o fluffy clouds. may be an outsider that can see
a solution that the echochamber has ignored, not thought of. because the echo chamber is too stuck following a single path roadmap to fluffy cloud land

Worthless? Then why you are here on the first place? This is indeed a Bitcoin forum and now its price is heading to the floor and calling it a trash? Without even thinking back on how much it cost when
its just starting. I cant deny that ETH is a great project too that's why its one in the top and also I don't know why that Ponzi BCC is included on here? Maybe you are one of the investors being wrecked on that one.  ;D

As long as you believe that Satoshi invented Bitcoins for just trading, you may be right. But, you're wrong.

You behavior is childish and you need a lot of patience If you have invested in crypto currency. frustration will lead you loss stay calm and wait for your turn, BTC is a life changer for those who have ability to adapt any situation of the market.

Well i don't think that you have such a you do not have a good opinion about Bitcoin..If so, why you work on this market in the first place? I can't understand from where this negative thoughts about BTC come from because it's not like BTC will not increase again in the future.Yes it's a bad period but will not last forever.

I know how was it feel to loss , when you desperate because of experience major loss on crypto.
IMO, 2017 was the year where all people enthusiast on highest peak and now , we are going to face the real market in 2019.

I can imagine another uptrend will happen  :)

We can criticize Bitcoin and all other coins. But why? Why are you saying it is useless and garbage etc... Criticize and doodling is different things. Please seperate this two from another.

Bitcoin represents more than 50% of the total market cap.
You've just been proven wrong.
End of thread.

Bitcoin is really useful in many aspects of human endeavour and particularly not only for trading. People who are only interested in trading with bitcoin will not really appreciate the worth of it when they seem to be losing. Bitcoin can easily be used for business transactions in the same way that fiat is used.

I don't know why this guy keeps ranting about all of this unwanted information. OP  didn't fully understand the use of Bitcoin maybe that's why he's acting that way. Bitcoin is different from bitconnect and your source of information is bias to your own idea. Just put everything there so that people will know this all about. The way i see it, you can't face the reality of this bearish market that's why you keep ranting on baseless information.

Evaluating Bitcoin with a shitcoin like bitconnect is not true. Bitconnect itself is measured by Bitcoin. Also, did you notice how much BTC's price changed when  price of bitconnect dropped from 600 to 10? We should not forget that the BTC is still the reason for the start of this revolution and altcoin that can take over the kingdom still does not appear, which you compare it with bitconnect.

>implying its okay to invest in bitconnect which is a huge scam
>implying you can't buy eth with fiat

uh ok


Ehhh I thought you can't use it for anything, so why did it "had usage" 🤔🤔🤔

---

nice eth advertisement btw, at what price will you stop posting this kind of nonsense?

I already stopped reading the whole thing after read this. How can you say that you can't use bitcoin for anything? haven't you done transactions with other people or bought directly to a shop that accepts bitcoin?

I just shopped yesterday and bought my significant other a brick game and paid with bitcoin so before telling that you can't use it for anything, you should look on how many people enjoy paying things online with bitcoin.

Why so much hate on bitcoin? Invested and lose? oh sir. That ico's have nothing to do, you adore their role in bitcoin's price rise which isnt' correct. If you see, people had very high hope of rise after halving. Also would love to read what you think on ripple, why this coin become so popular and etc opinions.
What about to forget investment for a while and see other features? Any payment option there which protects your privacy? Any payment option here with so low fees? Is there any decentralized currency here? Remember cold storage/offline wallet too, how you can import keys and etc. At least bitcoin bring us blockchain technologies which is amazing too.

This is such a relevation, i really cannot understand how bitcoin has lasted exactly 10 years.
Thank you OP for enlightening us with your top quality super sleuthing and solving what
EVERYONE in this forum was so worried about - NOT

The OP is obviously sore and decides to troll the forum to try and corrupt us against bitcoin
..........and crypto (the hint is in the username) I understand some peoples need to vent, but
this really is hot air.

It is not true that a bitcoin coin is not rubbish and it already has many uses.

What happened to that attitude?


Why would we want to prove you wrong? You are obviously here to troll the members of this forum.
If you really bought and held in late 2017 and are now regretting it means that you were one of those people who wanted a get rich quick scheme and got wrecked.

This is 2019, and even last year there are a lot of exchanges in which you can do ETH/USD trading already, so your statement about people unable to buy ETH with fiat is false. Also, as for bitconnect, they are just a ponzi scheme after all, which accrued almost $3B in investments for a few months until they got busted, so compare that to $400B market cap of bitcoin when it reached $19K? Laughably small, but still is a part of it. Blabber all you want about bitcoin being the worst due to its 'failure' to hold whatever price range you want it to, but then almost everyone here know that it's not Bitconnect and ETH who drove bitcoin to insane heights.

that's truly completely good answers from him, one thing i will share for this i don't understand for those people posting negative from bitcon without any proof of evidence and obviously bitconnect since from the start i heard is scamm exchange so theirs not credible bitcoin bring bitconnect value in the top.

Looks like you are here to troll Bitcoin and claim ETH is better than BTC but accept it or not, BTCis still king. People like me have a lot of use for Bitcoin. Bitcoin for me helps me pay by utility bills directly. Helps me earn an extra income and I use its not only me whom Bitcoin was able to help financially, so why hate it. I don't hate ETH, I have a few ETH stored and plans to sells when it reached my target.

That's not so. Bitcoin still continues to occupy the first place in the list of cryptocurrencies and is popular among investors. Bitcoin will be widely used in many industries, it just takes time.

Dude, you're so misinformed...seriously. We don't need to prove you wrong, you just need to get your info correct. Bitconnect is so NOT Bitcoin. Bitconnect is scam ICO erc20 base token while BITCOIN is BITCOIN. Go google it for yourself.

I love Eth but I don't think it can ever outperformed bitcoin.

Too much hate and negativity you experienced in BTC, But look on the bright side, Its price is still reasonable for people who are holding and using it. The only downside is I think you invested BTC in the wrong time (last few months I'm guessing)

Don't feed the ignorant troll. Some are mentally retarded, pay no attention to them.

Need to clarify whether there is any authentic information or just a rumor  and the purchasers of the Btc were all  ignorant about it.

Okay this guy is a mess and he thinks he knew everything even obviously he don't. ;D
Idk what he's up to by saying this, or maybe he was a FOMO of last year ATH and now ranting here because of his losses. While the funny part is bitcoin is bitcoinnect and everything is because of eth icos, really now?

Bitcoin has the biggest network effect. More ATMs are being distributed world wide. People are using it as a safe haven. As a store of value.

Not 1 time I said Bitconnect was bitcoin

what I said was that bitconnect was partly responsible for the price spike on bitcoin amongst ethereum ICOs

nobody went to buy bitcoin to hodl this shit

based on your username and your passion about the "bags" of shitcoin you are holding it is clear that you have already lost a huge amount of money in the altcoin dumps, mainly in the 90% dump of ethereum and now you are hoping to make some of the huge loss back in this tiny ETH pump of the last couple of days by hyping it up.

you can dream all you want but a 6 year old can tell you that something with unlimited supply (ether) can not outperform something with a limited supply (btc) specially when it already has 6 times more circulating supply!

Lmao btc is not a grabage and it is not worthless because btc is verry useful and it can be used for anything  . the real truth about the pump last year is because of the btc's demand  .  many people are becoming interested on it , thats why they buy and result for the price to sky rocket  . 

The dump in the price is also normal because people also sell their btc in order to get profit and maybe they cant buy  for now because they dont have a cash yet  but the price can surely recover next time if ever there were will be new buyers that will get attracted  to btc .

I think you are in the wrong place and in the middle of bitcoin fans if you say bitcoin worthless and garbage so it's normal if people attacking you and we are here will defend bitcoin because we are believe in bitcoin so if you says anything bad for bitcoin it does not have any effect for us because certainly people here will still continue to having bitcoin and don't have any plan to quit

The truth is that nobody knows the truth. That's the only truth, no matter what all "experts" say. If we have 1000 experts we have 1000 different opinions. And everyone thinks he got the absolute truth. 😊

Crypto scientists only predict, not to ensure the price of Bitcoin will reach $ 20K by the end of the year, because everyone has different opinions and we can only think whether it is true or not. the only thing that is true is that nobody knows about the crypto future and the price of Bitcoin, we better go through it and see what the scenario will be next.

Bitcoin (https://coincodex.com/crypto/bitcoin/) just reached its 10th aniversary!

https://coincodex.com/article/2823/bitcoin-turns-10-the-tenth-anniversary-of-the-bitcoin-genesis-block/

Such hatred towards something. I hope you recover what you loss mate. Well, to be fair you have the right to express what is your opinion and as such we I can say the same to us. $20,000 was reached because of the advertisement that is done throughout the years. It is true that Bitconnect and Ethereum played a vital role in it and it turned out bad but that doesn't stop Bitcoin from growing even further. It only just begun and that $20,000 would easily be reach with the help of the community.

you are entitled to your opinion, but i don't understand the emotional attachment, arguing with you will yield no positive outcome as you have made up your mind about your false claims about bitcoin. But it doesn't matter what you think about bitcoin or crypto currency, it doesn't change anything, bitcoin and the crypto currency industry cannot be stopped, not by false propaganda, not even by the government.

Did you createsld account on the forum just to tell us THIS? If you are so pisimistic what is the reason why are you here?
Each one here knows about drug usage of bitcoin. And the true about the last year is simple - investments and mass cashing out by so called whales. I believe the same kind of target has place to be today. Crypto holders are getting scared about crypto future with the expectation of the mass sell by little prices. There will be people who will buy those cheap sold bitcoin's and wait till the next top, which is going to be for sure after the next halving.

OP's history is full of great advises:



https://thumbs.gfycat.com/AntiqueRemoteFlounder-max-1mb.gif

Your so emotional and can't even think the right thing.  Bitcoin existence have already giving us good and it absolutely helping.
I feel that you are not satisfied with the current price of bitcoin and I may think that you are losing with that cause you to speak out nega base on your experience.

I do not think so, people use bitcoin for transactions for example to relatives and friends around the world without resorting to the help of a third party. There is an application, gadgets and other products that you can buy for bitcoins. Often I notice that buy games for PlayStation, ixbox, PS and various products that are in the games. As everyone knows the gaming industry is very large and has a huge capitalization and cash flow in the system. Drugs are not the main trafficking in the use of bitcoin.
 If you believe that bitcoin is garbage I'm not going to contradict you and do not in any way to insult you. You can just silently leave the forum and the market.

the only truth is that few people became millionaires (because they had inside info considering price movement) and the rest of us (99,99% of crypto enthusiasts) are left weeping and hoping for price to jump up. However it's a period of accumulation and we will have to wait for years before new ATH.

I do not think that it is useless and I am still sure that the future for bitcoin and cryptocurrency

Indeed this is not useless infect nothing is useless in crypto currency last year the price of bitcoin did not rise too high but I am hopeful this year. Now it  me to make your future brighter and higher for me good days are on the way so be in line and buy to have this golden opportunity in your favour. Having patience is one of your best tool.

Yes, I support your opinion of the author and also believe that Bitcoin is completely useless and did not meet the expectations placed on it at all

yes. last year is a victory for BTC. no one predicts that BTC will reach 20K. we can only see moving charts quickly. but that is the check point for BTC. and BTC will pass the check point again. but we never know when that will happen again. I admit that 2018 is a bad year for BTC and crypto. but, it's amazing that BTC stays in the 3K figures at the end of 2018.

That only means bitcoin really creates money and admit it or now, I know you also earn money through bitcoin. There is so much negativity on the OP, and if you think bitcoin is useless you are free to leave the market and a have a good run with other things. For me, bitcoin makes our financial system more meaningful, it created money to those hodlers and for sure this year we will go into the higher price.

I think this kind of person are lack of knowledge about in cryptocurrency cause if he really understand and know how bitcoin works I think he can't say like that. Like you I am still continues believing in bitcoin cause I know in bitcoin I have future there that's why I never quit in bitcoin.

This is a worthless pice of scrap how can you say such evil about bitcoin, bitcoin is the king of cryptocurrency and as the mother coin bitcoin still determine the price of all other altcoins and none of them can surpass bitcoin. We shall see what this year holds for bitcoin because the sign's are clear that bitcoin is going to do well this year in terms of price.

Really I don't think you are making any sense with what you had just written bitcoin bullish run had nothing to do with all you had just mentioned

Pls talk everything with facts. If BTC has no value then why companies like Microsoft and Samsung are accepting BTC. You talked about ETH and BCC, pls note ETH hit 20 times low from its peak value of $1400 last year whereas BTC hit $3200 from its peak of $20K last year so drop in ETH is more than BTC. People still believe in BTC and it should recover soon.

There is nothing impossible.
Anything can happen in crypto space at any point in time.
Talking about ETH overtaking btc, it  may and it may not happen

I actually think it is good for people here to read other arguments against crypto because they are often bombarded with positivity from other members.  The ICO market is still questionable at best and we did see bitconnect steal billions of dollars with their ponzi scam.  Hopefully this last year cleared out all the scam projects to make way for real adoption.

If the argument is accompanied by a convincing source it might be a good topic of discussion,
Because the topic is very different,
But unfortunately there is no clear source of news so that seems to be just nonsense.

This post is garbage.

Stopped at the first sentence.

Yeah maybe like that. people who have bad experiences like losses will surely think negatively about bitcoin. in fact the high price is of course due to strong reasons. it is not possible for the bitcoin pump but for no apparent reason? bitcoin deserves to that price, and will definitely return to that price again someday, you will regret in the future for against bitcoin

Useless post I think OP lost big amount of money from bitcoin or just creating fuds so that he can buy bitcoin in a more low price sorry op but thats not gonna happen if the bottom has not been reached then youre lucky but if we finally hit that bottom we are now ready to fly high again.

No need talking to negative feedback about bitcoin. Because the problem is not bitcoin,it our think and mind.bitcoin market depends on people investment trading so market going to down or up will inquire ,who is people do that.no need again this topic ,compare needs continue our investment and trading worked.

the truth is we miss that moment again, i believe this OP is miss that 20k on bitcoin ;D

feb 5 marks the beginning of the year of the earth pig and some are probably expecting a quick bitcoin price surge... hopefully we'll all have a happy fat earth pig - and trading-wise, hodling-wise, a smarter one to get through all of 2019 too.

if the surge doesn't happen, perhaps those who can't help but wallow in negativity about crypto can move on to other things that'll change their defeatist disposition into a healing one - a positive one. it's too stressful to maintain a cynical temperament coz it just saps out your strength....

anyway, the cryptoverse has developed an attractive atmosphere that even those who are critical of it are drawn to its ecosystem - intrigued by it. so the best course of action is to learn more about it than trash it.

The truth behind OPs post is this. He bought Ethereum and not Bitcoin and now he wants to bash Bitcoin down, in the hope that people would believe him that Ethereum is better and if he succeeds, then the price of Ethereum will go up and he will make more profits from his Ethereum investment.

We have a lot of these Alt coin pumpers, doing the same thing with each of their shitcoins, so this is not something new.  ;D OP, I will suggest dumping those ETH coins and buying Bitcoin. <See, anyone can do that>  ;)

Why did say that bitcoin is totally worthless? If that so, why people still trading bitcoin and makes some money from it. Just give bitcoin some time to go up again to a better value.

These two are not BTC

If theres a true garbage here,thats you and not bitcoin because you have nothing to contribute this community but purely garbages and trash just like your attitude

Bitcoin itself is innovative,and if you didn’t notice you are here just to have bitcoin and other crypto,because I cannot see other reason for your staying here if not for that,so stop being stupid and face the reality accept that good or bad publicity is still a publicity for bitcoin

lol maybe you are an alt account of the op ?  because you are only the one that supports this thread while most of us disagree . bitcoin actually meet the expectations of most users but some are just too greedy and not contented on what bitcoin has to offer .

the truth on why btc sky rocket to 20k usd is becuase  many people have invested on it .  there were also new comers that joined the party , so its no surprise that the value got pump instanty .  unfortunately the market has now collapse because investors did already sold thier coins and they arent re investing yet at the moment  .

Bitcoin growth is uncertain, and in similar way the growth of bitcoin happened reaching $20k in unexpected time period. Likewise the market experienced a big crash which happened when people were expecting the price pumping and reach out the $25k. As 2020 is gonna experience the halving, surely the price rise will happen gradually with accordance to the special events.

Probably everything happened in last 14 to 15 months were mistimed but usual things of bitcoin ecosystem. Because, we had experienced similar things by the time frame of 2013 to 2015. The actual worth / fair value of bitcoin (by considering various price impacting factors like mining difficulty and % of merchants' revenue from bitcoin based tx) by the end of 2017 must be $10k but we went up to $20 just due to manipulation and that was the root cause of everything to become mistimed. Just remember the better sustaining price of last year was $6500 which was 35% down from fair value, which is very much reasonable one.

Isn't it too early to jump into 2020 ? I just like to remind you that we are in very beginning of 2019 and almost 358 days are left with this year before we start concerning about 2020 ;D.

We hope this your speculations come to pass and 2020 bitcoin is in healthy condition again.  Remember that people said something good about bitcoin in 2017 and that is why we see the kind bull run we witnessed in 2017 and since some of us are saying positive things in 2019 and 2020 I think we are going to witness another bullish trend again.

If anything ethereum is the garbage coin. Every one of it's icos was a scam in one way or another, not a single legit project came from an er20 token, and now all of these scam icos have been shut down in all major countries and for damn good reason. Since there is nobody stupid enough to buy these scam icos anymore, wtf is eth use case? nothing that I can see, their only use case has been a scam factory. You want to talk about innability to scale?! fuck, eth barely functioned with heavy trxs.

Lol, so it's just a guile that can plunge people to get rid of their bitcoin and see the destruction of bitcoin, then buy ethereum so that the ether value will peak. But, guile like that can succeed also depends on someone's personality and each person must have a personality that seems difficult to be affected. After all, who issued the statement so that people believed it, even though it was said by famous people, I personally still wasn't sure that there were many people who were willing to throw away bitcoin that they had been hold so far.

little do they realize, their altcoin investments are utterly dependent on bitcoin's success. they don't really want bitcoin to fail---if it did, it would take the entire crypto economy down with it.


binance was an ICO. it's now the biggest altcoin exchange in the world---a huge success story for investors.

i also think multiple years is a more realistic timeline to give before passing judgment on any given ICO. good companies and products don't usually get built overnight.

re ethereum, you've gotta admit it's provided some pretty awesome functionality. decentralized exchanges run on smart contracts, fundraising without intermediaries. its design leaves much to be desired, but i think it's far from a garbage coin. if sharding and POS work in a technical sense(big "if") it'll be a real game changer too.

Threads like this are nice because when noobs get pissed out at Bitcoin it means we are near capitulation.

Of course they will never understand Bitcoin's censorship resistant, decentralized, unconfiscable nature is worth $trillions objectively speaking, but they still can't see beyond "using it" as in buying fucking coffee of all things with it.

The difference between a shitcoin and Bitcoin should be evident by now if you have been here for a while. All non PoW is a joke, and PoW networks are destined to be distributed in a Paretto law-like fashion, so there will always be a king and things don't look like it will be anything but Bitcoin.

Please point me to an altcoin that isn't PoW that is more secure than Bitcoin, or point me to a non-PoW altcoin that is more secure than Bitcoin and I will dump Bitcoin and buy that altcoin.

unfortuantely, the security of different consensus algorithms can't be compared in a concrete way. with POW, we can estimate the current hash rate and determine the cost of a majority miner attack based on hardware and electricity costs. with POS, the cost of attack is a lot more hazy. we don't know which entities control how much stake or who they might be colluding with, and on top of it, we'd have to do a lot of guesswork re: exchange and OTC liquidity. the big problem in POS is collusion and it's really hard to place a number on the risk that collusion-based majority staker attacks will occur.

the other problem regards tradeoffs that users/investors are willing to make. if POS could offer much cheaper---albeit less secure---transactions (because the effective cost of publishing transactions approaches zero), couldn't that make it worthy to some people, particularly those looking for a medium of exchange? could it be worth it for some people from an environmental perspective, assuming a POS system provided some level of security?

When people buying bitcoin for the purpose of converting into other coins then it won't affect the demand in any way then how the market will reach $20K.The reason behind the price increase was the bitcoin was over hyped by many sources which attracts lot of people with the intention of making money without knowing anything about it but finally they lost everything.

many people lose that precious momentum because they continue to hold the bitcoins they have and expect the price of bitcoin to rise higher. I am also part of them  ::)

You say it as a rubbish coin, that's because you are frustrated with the fall so you only think from a negative perspective. Bitcoin is not what you think, and there is too naive in interpreting it.

they are greedy people (I'm not saying you're included) who always hope and never feel enough, now the price of bitcoin has dropped by more than 70% since then. maybe only regret is left.

I dont know what hole you are living in. I am using Bitcoin to buy stuff for years. I dont buy coffee or pay bills with it, but I mainly buy bigger stuff like furniture or appliances, ...

If you have any "worthless" BTC please send it to me. I will turn it into some nice stuff. Will send you a picture after i buy them.

From someone who starts the post with "bitcoin is worthless and its garbage" with an username like "fuckcrypto", I am inclined to think this post was made by someone who lost a lot of money in crypto. Either because he bought at the peak and now in debt a lot or he bought early and sold quite early too. I think the first one makes more sense.

The truth about 20 thousand dollars was that too many people suddenly became interested in bitcoin. We increased from 3 thousand to 9+ thousand dollars quite quickly which got attention from all over online and people from everywhere started to buy into bitcoin and other altcoins, people who have been here for YEARS known some coins and even their founders whereas these new people reacted to big coins like dash/iota/ripple and so forth like they just found something super secret and could get them rich.

Hence, that hype eventually died and so did the price of bitcoin. That is the whole reason for that price and the bear following that.

Well, that is even worse. The cost of 51%ing a network should be in the clear at all times, just like everything else on Bitcoin is in the clear and open sourced, the status of the security of the network is just another part that must be transparent.

With PoS as you said, we have no idea if there's a cartel secretly pulling all the strings, and given the fucked up distribution of coins in most coins, I wouldn't doubt that. When ETH goes PoS we'll see what happens, because the ICO was like 80% held by devs or something crazy like that.

Also as far as I know the nothing-at-stake problem was never solved and we have previous disasters of PoS like NXT.

As far as PoW alts we have 51%'s everyday. Just today ETC got 51%'d apparently. PoW outside of the strongest network (Bitcoin) is just pointless.

Well if bitcoin is really a garbage.for sure you will never spend your precious time just to create FUD arent you?Stop being stupid mate because ethereum is just another shitcoin that has no future value.cant you see how did the ripple overtook the second position for 3 consecutive times last year.?hope thats enough reason for you to stop this nonsense lol

this probably contributed a lot to the price increase we saw at the end of 2017


https://i.imgur.com/r5f89NS.gif


So you think the $ 4000 price per bitcoin is too little? do you think bitcoin should only continue to increase from price to infinity?

Let's just not bother with such comments.
We are all aware that some users are here only to get attention and don't have any constructive contrubution to forum. But the goal is completed, everyone is writting their comments. On the other hand everyone has the right on its own opinion, good or bad about something but I would add exclusion as long as it makes some sense.

everyone has different abilities, as long as the comments are not out of the topic of conversation they are welcome to express their opinions. mutual respect is the most important thing here. I really appreciate your comments  :)

There is no need to prove you wrong when you already did that in your post, the main reason the price went up was the excitement of people for the activation of segwit, you will see that after the activation of segwit the price increase was even faster, this created a feeling among investors that if they did not invested now they will miss the chance of their lifetimes but by the time they took the decision to invest, it was too late and the price crashed.

Well, Regret is only when you say that this is the End and you opt out of it. Selling is loss is surely the end of it. But Then if you hold the coins, the market will recover and you can cover your loses. But no one knows how long we have to wait as it can take another year until we see 10K or more.

I believe you are and ETH fanatic, well, I'm like you, in my mind, ETH has a better tech compared to bitcoin so it should be adopted well.
There is a bull run but no one knows when it will come but I like ETH to have a separate ways and will only depend on the movement of bitcoin, I'm sure ETH has a big supporter, why would be panic easily when bitcoin dump, let's support our own coin and be independent so we will see a good value.

BTC is dead face it and this thread prooves it

not 1 single argument why bitcoin is needed, its laughable that you support this old ass overrated tech were the main people argue about austrian economics or some other crap that noone even cares about on this planet

face it, every bitcoin maximalist is a borderline retard and so is everyone that is attacking ethereum and NO im not an ethereum shill or anything, im just realistic or does anyone really think this chinese garbage tron or eos can challenge ETH in even the slightest way?

and Bitcoin, get off that train already, you better of buying into this shit of this lieing retard Craig Wright than hodlin this shit and you know it too

https://i.imgur.com/TQaz9uP.gif

and why would someone try to prove you wrong, you have made your case..... just go and live with that, don't bother people in here with your presence
just be good, go earn your fiat and never look @crypto again thats the best advice I can give to a NOCOINER

How can anyone prove you wrong?  Only the market can do that with time. 

Also, this:
is demonstrably false.  I've purchased quite a few things with bitcoin, and only a couple of the vendors I've used bitcoin with accept ETH as well.  It's kind of rare to see a merchant accepting anything other than bitcoin if they take crypto at all.

As far as the $20k mark goes, yeah the market was in straight up bubble mode for a while and I figured it wouldn't last.  But damn, it was an exciting time to be holding bitcoin!  Unfortunately I don't think I owned much at the time, and I certainly wasn't actively trading or buying any.  When you get threads with people talking about selling their houses and buying bitcoin with their credit cards, on margin, and all that other happy horseshit, you know the market isn't rational and will correct itself soon.  I was expecting more of a rebound after the crash, but being in the $3000 range isn't bad at all IMO.  I recall when I first got into it, bitcoin was 10x lower than that.

^
then we joined @similar time into BTC

:D

#HODL

The OP message was mere baloney. Bitconnect, that scam project. What was its marketcap and its percentage in the whole marketcap? These are projects that came out of ignorance and period of development in the crypto ICO. People knew the project was a scam but the general scam alarm for every project prevented investors from taking it serious. I like to remind you that bitconnect is no more, and such scam will be prevented in the future.

they are many factors which followed the trend of 20k bitcoin last year but in reality the price growth didn't last long enough we need to wait for 2 more years to see such huge spike

Ethereum had one use case, to launch shitcoin ico scams. Nobody is buying this bullshit anymore, so ethereum has no use case. You are the pot calling the kettle black.

Op must have lost a lot of money in the past all time high on 2017. Bitcoin has a use and it records all the transactions which is very useful when proving something that you own it. Like in our country, influential and rich people always take the land of the real owners that are poor and can't do anything in those situation. Btc will solve that pain so no one will experience that ever again.

Here's another 1 million dollar question for you to answer

If Bitcoin is totally worthless as you claim, why is its price still in the realm of thousands of dollars? It is a simple reality check which you should run before starting threads like this. And it is not like it crashed only yesterday, so that you could say that the worst is yet to come. In fact, it may well be, but we have been going downhill for over a year already. Don't you think it is a bit too much for something totally worthless not to turn into complete trash by now? Remember, Bitcoin is still worth over 3k after so many months of downfall. Definitely not something you can sneeze at


There is nothing to prove as you should use a reality check first

I think you said something inconsequential
try to learn again, the increase in bitcoin is not due to bitconnect, it is wrong
because bitconnect is a ponzi scheme pattern.
one of the causes of bitcoin is pumped in 2017 because of the hard forks and lightning networks.

"now prove me wrong, lol" 10 year old child can prove you wrong. 99% of crypto society learn about crypto from bitcoin and its crazy bull runs. It reach 20k not because it was usefull to buy altcoins (situation changed since now? why isnt it around 20k now? Is there less alts to buy?). It reached 20k by massive whale speculation just to show crypto world to masses. To bring money from street to crypto world by showing everyone "look if you were invested 1000$ in bitcoin in 2012 you will be reach now". Thats why it reached 20k.

Etherum is only altcoin with unfinished product full of bugs. There are dozens similar projects like waves, eos, trx, nem, stellar, neo. Etherum can disapper from top 100 in next bull run just like those coins from top 10 in december 2013. And its even more possible that overtaking bitcoin.
https://coinmarketcap.com/historical/20131229/

Omni -90%
Peercoin -80%
Namecoin - 75%
Quark -95%
Bitshares -~100%
Wordcoin -~100%


Yea. I think that less than 1% of crypto society entered crypto world because of interesting ico that he found. And those are not whales. Those are nerds with 1000-10 000$ to invest in. Its not the amount of money that will change price.

Last thing. If you buy bitcoin [btc price go up], than buy altcoin in ICO for your btc [btc price constant] than ICO team sells your bitcoin for dollars to pay for everyday spendings [btc price go down]. You see that its not pumping price...

Supported this view with a merit and completely agree with it

Recently I tried to install a plain vanilla Ethereum wallet (actually, both of them, i.e. Ethereum Wallet and Mist). And to say that I was disappointed is to say nothing as I couldn't even import an existing private key in it despite doing everything by the manual (using geth and so on). Somehow, I expected a more mature product from a project that has been sticking around for so many years. It was a def red flag for me to stay away from Ethereum (apart from aggressively shorting it on rebounds, of course)

Agreed. Some said that it cannot dissaper from top 10 due to the amount of ICOs build on etherum (at liest 1000 tokens in coinmarketcap are build on ether). Well every suceed project moves to their own blockchain. VET, BNB, EOS and many more. Etherum become home for scam projects and kindergarden for few good projects which stops using ETH as soon as its popularity enable to start its own blockchain.

ETH for now is not scalable enought to hold the load from 1 project that hit mass adopion. Not even talking about rest 1000 tokens. Maybe thats why waves is beeing pumped so hard during last few weeks. Maybe its beeing prepered to overtake ether during next bull run.

Seriously, I need for more guys just like you to come out of the woodwork. I'm actually keenly surprised that this month's fresh lows still haven't managed to coax more threads like this. Really need the stubborn bull sentiment to get crushed. Pity that the sarcasm was a bit too obvious.


Unfortunately, those 99% of people who didn't enter because they found an ICO probably later on did invest in ICOs. Poured all their nerd savings into gaping holes that only became apparent to them last year.

Seriously are you thinking with some other part of your body to come to this conclusion. If you would have said about Tether i would have accepted half of your conversation instead of the scam bitconnect and Ethereum which is basically used to create tokens and nothing else, which market movement have you being watching to come to this conclusion

If you can convince one solid use of ethereum other than create fake tokens and swamp the market, what is the real use of that coin. How many merchants are accepting ETH in real use case scenarios and the fake as well as the ICO days are almost over and what makes you think that it will have a separate rally, the only rally that is going to happen is in bitcoin and ETH might move higher if the market recovers.