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Bitcoin => Bitcoin Discussion => Topic started by: TKeenan on December 12, 2016, 03:36:20 PM



Title: Giving up on Bitcoin...
Post by: TKeenan on December 12, 2016, 03:36:20 PM
I am not the only one, lots of people have already given up.  Very fucking stupid mismanagement is the result.  At least TCP-IP and Linux had some means to make sensible adjustments in the early days.

Circle Gives Up Bitcoin (http://fortune.com/2016/12/07/circle-blockchain/?utm_content=buffer8ead6&utm_medium=social&utm_source=linkedin.com&utm_campaign=buffer)

Bitcoin has no means to fix things that need a fixin'.  "Consensus" is just a very stupid concept.  95% consensus will never be reached for any issue.  Bitcoin is fucked.  Doesn't scale.  Everyone already left.


Title: Re: Giving up on Bitcoin...
Post by: Holliday on December 12, 2016, 03:38:15 PM
...and by "giving up" the OP means he will continue to post FUD well into the future!


Title: Re: Giving up on Bitcoin...
Post by: shorena on December 12, 2016, 03:44:11 PM
I am not the only one, lots of people have already given up.  Very fucking stupid mismanagement is the result.  At least TCP-IP and Linux had some means to make sensible adjustments in the early days.  Bitcoin has no means to fix things that need a fixin'.  "Consensus" is just a very stupid concept.  95% consensus will never be reached for any issue.  Bitcoin is fucked.  Doesn't scale.  Everyone already left.

k, bye. You sound like you made up your mind, yet you create a topic to discuss this.

So, lets discuss. For one TCP-IP is heavily(!) flawed. It has fundamental design flaws because when it was created people had a very different kind of internet in mind. Same for Linux, it has its place, but you might have noticed that its not the only perfect operation system. Neither on servers, offices or home computers. It has its strength and its weaknesses same as most things.

One of the strong points of bitcoin is the difficulty to change what bitcoin actually is. Its not a bug, its a feature. Blocks are full, yes, but you cant just crank it up to 11 and still have the same distributed network of nodes to support it. Satoshi once said - to someone suggesting to support Wikileaks when they were dropped by PayPal etc. - bitcoin needs to grow slowly or it will get destroyed. I still think this is true in a sense, that it has to evolve slowly exploring its options before a decision is made.


Title: Re: Giving up on Bitcoin...
Post by: thejaytiesto on December 12, 2016, 04:02:54 PM
I am not the only one, lots of people have already given up.  Very fucking stupid mismanagement is the result.  At least TCP-IP and Linux had some means to make sensible adjustments in the early days.  Bitcoin has no means to fix things that need a fixin'.  "Consensus" is just a very stupid concept.  95% consensus will never be reached for any issue.  Bitcoin is fucked.  Doesn't scale.  Everyone already left.

TCP/IP protocol went exactly through the same struggles as the bitcoin protocol is going now. And how it was fixed? by building via layers on top of the TCP/IP protocol, just like we will solve the bitcoin protocol problems by building on top with additional layers (lighting network). In other words, what the fuck are you talking about? If you are ready to give up, sell everything and leave, your loss.


Title: Re: Giving up on Bitcoin...
Post by: FaucetRank.com on December 12, 2016, 04:17:27 PM
I am not the only one, lots of people have already given up.  Very fucking stupid mismanagement is the result.  At least TCP-IP and Linux had some means to make sensible adjustments in the early days.  Bitcoin has no means to fix things that need a fixin'.  "Consensus" is just a very stupid concept.  95% consensus will never be reached for any issue.  Bitcoin is fucked.  Doesn't scale.  Everyone already left.
Nobody cares for your FUD. There are many crypto currencies if Bitcoin is not developed according to you than you can find the coin which meets your requirements there are thousands of Crypto currencies but all those do not stand near to the Bitcoin.


Title: Re: Giving up on Bitcoin...
Post by: TKeenan on December 12, 2016, 04:33:34 PM
I am not the only one, lots of people have already given up.  Very fucking stupid mismanagement is the result.  At least TCP-IP and Linux had some means to make sensible adjustments in the early days.  Bitcoin has no means to fix things that need a fixin'.  "Consensus" is just a very stupid concept.  95% consensus will never be reached for any issue.  Bitcoin is fucked.  Doesn't scale.  Everyone already left.
Nobody cares for your FUD. There are many crypto currencies if Bitcoin is not developed according to you than you can find the coin which meets your requirements there are thousands of Crypto currencies but all those do not stand near to the Bitcoin.
I think people love my FUD.

Some people believe settlement is the only important application for Bitcoin.  The original vision did not include this.  The original version did not support very small blocksize limits and the very limited throughput necessitated by that.  3tps was never part of the original concept.  Now that Blockstream wants to sell you access to their sidechains, this limit is kept precious and firm.  We could easily go to 8MB today without causing technical damage. 

What is the consequence of staying firm with small blocks?  People building very cool tools to support Bitcoin end user applications are all dead.  Airbitz failed because there are no end users.  Circle abandon the project because the end user applications are wrecked with high fees and slow confirmation times.  True enough, settlement still works.  But all the microtransaction systems, and other cool end user systems have long been destroyed and there is not hope for their return.

Is this the Bitcoin you wanted?  Settlement, speculation, and no end user functionality? 


Title: Re: Giving up on Bitcoin...
Post by: shorena on December 12, 2016, 04:47:25 PM
-snip-
We could easily go to 8MB today without causing technical damage. 

What would qualify as technical damage?

How would you do a hardfork today (or tomorrow if thats easier) if you think 95% on a softfork is out of the question?


Title: Re: Giving up on Bitcoin...
Post by: yayayo on December 12, 2016, 04:49:13 PM
[...]

I think people love my FUD.

[...]

I'm trying to find a proper definition of the mental disease you seem to suffer from. Maybe we should call it the "Ver Syndrome": It's delusions of grandeur paired with antisocial tendencies and obsessive-compulsive denial of reality.

Seriously, I would love if your announcement would have truth in it and you would vanish from this board. At least you could constrain your FUD posts to the altcoin section, where they belong to. That would be a great relief. Oh, and please take your fellow alts and trolls with you.

Thank you very much!

ya.ya.yo!


Title: Re: Giving up on Bitcoin...
Post by: Ayers on December 12, 2016, 05:04:48 PM
if you are talking about the consensu for the 2MB lock increase, weren't many pool in agreement on increasigng it? the problem for them is that they need perhaps to stop each machien and install and sync core, i think many are under light client which will not work with an hard fork


Title: Re: Giving up on Bitcoin...
Post by: topesis on December 12, 2016, 05:25:52 PM
I am not the only one, lots of people have already given up.  Very fucking stupid mismanagement is the result.  At least TCP-IP and Linux had some means to make sensible adjustments in the early days.  Bitcoin has no means to fix things that need a fixin'.  "Consensus" is just a very stupid concept.  95% consensus will never be reached for any issue.  Bitcoin is fucked.  Doesn't scale.  Everyone already left.

k, bye. You sound like you made up your mind, yet you create a topic to discuss this.

So, lets discuss. For one TCP-IP is heavily(!) flawed. It has fundamental design flaws because when it was created people had a very different kind of internet in mind. Same for Linux, it has its place, but you might have noticed that its not the only perfect operation system. Neither on servers, offices or home computers. It has its strength and its weaknesses same as most things.

One of the strong points of bitcoin is the difficulty to change what bitcoin actually is. Its not a bug, its a feature. Blocks are full, yes, but you cant just crank it up to 11 and still have the same distributed network of nodes to support it. Satoshi once said - to someone suggesting to support Wikileaks when they were dropped by PayPal etc. - bitcoin needs to grow slowly or it will get destroyed. I still think this is true in a sense, that it has to evolve slowly exploring its options before a decision is made.

I like you reply to his post, I think people either don't understand Bitcoin scaling issue and expect everything to just happen over night or they are just abusing the term scaling.


Title: Re: Giving up on Bitcoin...
Post by: rapazev on December 12, 2016, 05:31:42 PM
I am not the only one, lots of people have already given up.  Very fucking stupid mismanagement is the result.  At least TCP-IP and Linux had some means to make sensible adjustments in the early days.

Circle Gives Up Bitcoin (http://fortune.com/2016/12/07/circle-blockchain/?utm_content=buffer8ead6&utm_medium=social&utm_source=linkedin.com&utm_campaign=buffer)

Bitcoin has no means to fix things that need a fixin'.  "Consensus" is just a very stupid concept.  95% consensus will never be reached for any issue.  Bitcoin is fucked.  Doesn't scale.  Everyone already left.

"Everyone already left"... lol
marketcap seems to disagree with you.  ::)

you dont like bitcoin? want to get out? go ahead... but stop saying like everyone should do the same.


Title: Re: Giving up on Bitcoin...
Post by: LFC_Bitcoin on December 12, 2016, 05:35:52 PM
The OP decided that he would announce to the bitcoin community that he's leaving bitcoin. I'm sure his personal investment & influence here will be missed ;)

 


Title: Re: Giving up on Bitcoin...
Post by: RodeoX on December 12, 2016, 05:37:18 PM
And the price just keeps climbing.   ;)


Title: Re: Giving up on Bitcoin...
Post by: audaciousbeing on December 12, 2016, 05:45:06 PM
Its really going to be pathetic to leave at this time when quite a number of people are blaming themselves why that haven't been exposed to this world earlier including myself. Concerning what you raised I think is hazard for anyone to try to change or fix the world why dont you just do your part and leave the rest and also for the fact that people don't agree to you position does not mean they are fucked its because we cannot just think the same way. So if you are leaving, I am made bold to say several are already to take the place.


Title: Re: Giving up on Bitcoin...
Post by: mrkevio on December 12, 2016, 05:47:57 PM
And the price just keeps climbing.   ;)

So many people are leaving Bitcoin because of its price going down, thinking Bitcoin will never succeed. This is what makes its price change too: us buying and/or selling. Every time we aren't sure whether it succeeds or not, we make the price go positive or negative for the day. Stay with Bitcoin and we'll see a change regarding it's hikes.


Title: Re: Giving up on Bitcoin...
Post by: bitcoinisbest on December 12, 2016, 05:48:39 PM
It is certainly one's choice as to what they want to give up or take it. But certainly btc will be the future if your country has formulated the policy and is in favour of currency then its a long way to go for the bitcoin and will establish itself very stron in coming time as remittance market for making payment this will be used.


Title: Re: Giving up on Bitcoin...
Post by: bitbunnny on December 12, 2016, 05:49:08 PM
Some are giving up bu some have just started. Everyone has the right for their own opinion and decision. But it's not good blaming Bitcoin for bad decisions or moves that some of us have maid. No one forced us. So don't talk uggly about Bitcoin you always have the choice.


Title: Re: Giving up on Bitcoin...
Post by: ljudotina on December 12, 2016, 05:54:40 PM
For any one that gave up, two new users came in. So, basicly, sooner or later, you and rest of em will be back in one way or another. One business dropping it's Bitcoin part is absolutely nothing. For every business that drops, two new rise. Future is bright!


Title: Re: Giving up on Bitcoin...
Post by: Carlsen on December 12, 2016, 06:03:42 PM
I just read an article why circle gave up bitcoin.
Their CEO says the public notification of bitcoin is bad, and when he talks about bitcoin, he only sees it as a payment method.
According to him, nobody will use bitcoin in 10 years anymore.
I really don't see it like their CEO.
I say that the notification was bad. But I see a trend that news about turn more impartial.
And when he talks about bitcoin as a payment method, he does not mention the possibilities of seeing bitcoin as an investment.
From my point of view, the number of bitcoin users will increase!


Title: Re: Giving up on Bitcoin...
Post by: manbitcoinlover on December 12, 2016, 06:06:55 PM
And the price just keeps climbing.   ;)
exactly, people are over reacting just because a company worth multi millions have decided to cease bitcoin operations. Yeah, circle was a easy way to trade your fiat currency for bitcoin and vice versa. But now you can still use coinbase and many more trusted companies. Coinbase is as strong as ever now that it has less competition. If you give up on BTC because of circle that is just a poor reason to do so. If you give up btc for another reason like security/volatility, maybe I might consider not disputing you on that.


Title: Re: Giving up on Bitcoin...
Post by: TKeenan on December 12, 2016, 06:25:42 PM
[...]

I think people love my FUD.

[...]

I'm trying to find a proper definition of the mental disease you seem to suffer from. Maybe we should call it the "Ver Syndrome": It's delusions of grandeur paired with antisocial tendencies and obsessive-compulsive denial of reality.

Seriously, I would love if your announcement would have truth in it and you would vanish from this board. At least you could constrain your FUD posts to the altcoin section, where they belong to. That would be a great relief. Oh, and please take your fellow alts and trolls with you.

Thank you very much!

ya.ya.yo!

SegWit, Blockstream/Core is the alt.  SegWit is not Bitcoin.  Take your fucking friends to the alt board you piece of garbage.


Title: Re: Giving up on Bitcoin...
Post by: TKeenan on December 12, 2016, 06:26:53 PM
And the price just keeps climbing.   ;)
And the functionality just keeps falling.


Title: Re: Giving up on Bitcoin...
Post by: TKeenan on December 12, 2016, 06:30:30 PM
For any one that gave up, two new users came in. So, basicly, sooner or later, you and rest of em will be back in one way or another. One business dropping it's Bitcoin part is absolutely nothing. For every business that drops, two new rise. Future is bright!
This is bullshit.  Circle intended to spend $140 Million developing cool end user tools for using Bitcoin.  But because the network no longer supports this functionality, the network is now limited to settlement type function only, Circle said fuck this, let's spend our money on other things.  Can you show me two companies with $140 million to spend building cool shit for the bitcoin network?  Didn't think so.  Your 2 for 1 deal is a bogus scam. 


Title: Re: Giving up on Bitcoin...
Post by: TKeenan on December 12, 2016, 06:33:32 PM
And when he talks about bitcoin as a payment method, he does not mention the possibilities of seeing bitcoin as an investment.
The 'investment' in Bitcoin is only good if network functionality and user adoption are good.  If functionality goes to zero and user adoption goes to zero - but the price continues to go up, that is called a Ponzi scheme. 


Network functionality has gone to shit.  User adoption has gone to shit. 

Those are facts.


Title: Re: Giving up on Bitcoin...
Post by: jackg on December 12, 2016, 06:43:04 PM
[...]

I think people love my FUD.

[...]

I'm trying to find a proper definition of the mental disease you seem to suffer from. Maybe we should call it the "Ver Syndrome": It's delusions of grandeur paired with antisocial tendencies and obsessive-compulsive denial of reality.

Seriously, I would love if your announcement would have truth in it and you would vanish from this board. At least you could constrain your FUD posts to the altcoin section, where they belong to. That would be a great relief. Oh, and please take your fellow alts and trolls with you.

Thank you very much!

ya.ya.yo!

SegWit, Blockstream/Core is the alt.  SegWit is not Bitcoin.  Take your fucking friends to the alt board you piece of garbage.

Segwit was a weird hard fork to add to the network.
Also, it is only put in place to help the people who can't spare 0.0001BTC just to get a transaction to go faster. It isn't an alt though, the core is the centre, not the best version. It was also scripted a year ago and was deactivated for about 6 months.
If you've given up then why remain on this forum (just an observation).
And when he talks about bitcoin as a payment method, he does not mention the possibilities of seeing bitcoin as an investment.
The 'investment' in Bitcoin is only good if network functionality and user adoption are good.  If functionality goes to zero and user adoption goes to zero - but the price continues to go up, that is called a Ponzi scheme. 


Network functionality has gone to shit.  User adoption has gone to shit. 

Those are facts.

For a currency to function well, it does also need to be transferred quickly


Title: Re: Giving up on Bitcoin...
Post by: chixka000 on December 12, 2016, 06:48:43 PM
Giving up is not a part of my plan tho lol. I can't still not feel the mismanagement that you were using and those consequence of using a small blocks. You wanted to quit then you ask people to quit as well? seriously?


Title: Re: Giving up on Bitcoin...
Post by: Elkhoon on December 12, 2016, 06:52:34 PM
BTC is the currency of the future. I am not for so long in it, but I already see big perspetives, I dont think to give up so fast.


Title: Re: Giving up on Bitcoin...
Post by: avikz on December 12, 2016, 07:13:43 PM
 without getting into the technical nitty gritties of Bitcoin one thing I can surely say, bitcoin is truely a blessed currency. If any one wish to give up on Bitcoin its in entirely their decision.

If you want to leave Bitcoin why don't you transfer all your Holdings to my account. I think I can make good use of those bit coins better than yours.


Title: Re: Giving up on Bitcoin...
Post by: TKeenan on December 12, 2016, 07:18:41 PM
one thing I can surely say, bitcoin is truely a blessed currency.

Blessed by whom?  Muhammed or Jesus? 

I don't want to use any fucking currency blessed by the wrong guy.


Title: Re: Giving up on Bitcoin...
Post by: RodeoX on December 12, 2016, 07:22:27 PM
one thing I can surely say, bitcoin is truely a blessed currency.

Blessed by whom?  Muhammed or Jesus? 

I don't want to use any fucking currency blessed by the wrong guy.

LOL, don't worry, it was blessed by Satoshi!  :-*


Title: Re: Giving up on Bitcoin...
Post by: franky1 on December 12, 2016, 07:31:50 PM
the price is meaningless..

if there are 16m coins.. but imagine only 5 coins on an exchange being swapped between 10 people.. those 5 coins dictate the price of the whole 16mill coins without involving the 16m coins.

basing bitcoins economy, bitcoins utility and bitcoins society on an exchange price is flawed.
infact in the last 12 month people have noticed real world inflation where a loaf of bread has jumped more than 20%

last year i could buy 2litres(4pints) of milk for £1. now the same shop sells it for £1.45
last year a loaf of bread was 50p (cheap ownbrand) now its 80p. major brand went from £1 to £1.50
yea they do deals for 2for£2 to hide the increase or help people get used to the increase by making them buy double to 'save'. but the reality is inflation has hit people pockets

so seeing bitcoin go from $650 to $770 is not a shock.. its basically means i can still buy the same amount of loaves of bread as last year.

also the amount of coins on an exchange has DROPPED. less people are confident about exchanges so we are not seeing millions of coins held on exchanges like in 2013.. now its just a couple hundred thousand. usually some are only hoarding 50k of customers coins. so again the bitcoin price vs the economy are not correlating in any way to suggest the economy/society/utility is growing


Title: Re: Giving up on Bitcoin...
Post by: Victorycoin on December 12, 2016, 10:39:57 PM
I am not the only one, lots of people have already given up.  Very fucking stupid mismanagement is the result.  At least TCP-IP and Linux had some means to make sensible adjustments in the early days.  Bitcoin has no means to fix things that need a fixin'.  "Consensus" is just a very stupid concept.  95% consensus will never be reached for any issue.  Bitcoin is fucked.  Doesn't scale.  Everyone already left.
Nobody cares for your FUD. There are many crypto currencies if Bitcoin is not developed according to you than you can find the coin which meets your requirements there are thousands of Crypto currencies but all those do not stand near to the Bitcoin.
Bitcoin is a pioneer coin, it has made the revelation of exactly what money ought to be, whatever that was not figured out initially is an invitation for other good heads to contribute their quote. You might like to know that no one discovery or invention out there reached it's optimal level from the unset. I remember so well that once, we all thought the earth was flat, until Columbus had another thought coming.

If you must go however, the bitcoin community is sure to not miss you or notice your absence


Title: Re: Giving up on Bitcoin...
Post by: 1enterthebtc on December 12, 2016, 11:20:52 PM
If the price keeps falling, its falling UP! Fall on!


Title: Re: Giving up on Bitcoin...
Post by: al0729 on December 13, 2016, 03:52:59 AM
after im getting scammed i ask my self bitcoin is not safe so go find another source of income , but when my friend told me that btcorg can give me that i feel like YEAH LETS ROCK AGAIN! 8)


Title: Re: Giving up on Bitcoin...
Post by: Yakamoto on December 13, 2016, 04:01:02 AM
I am not the only one, lots of people have already given up.  Very fucking stupid mismanagement is the result.  At least TCP-IP and Linux had some means to make sensible adjustments in the early days.

Circle Gives Up Bitcoin (http://fortune.com/2016/12/07/circle-blockchain/?utm_content=buffer8ead6&utm_medium=social&utm_source=linkedin.com&utm_campaign=buffer)

Bitcoin has no means to fix things that need a fixin'.  "Consensus" is just a very stupid concept.  95% consensus will never be reached for any issue.  Bitcoin is fucked.  Doesn't scale.  Everyone already left.
"Everyone already left"

Alright, peace man. Let me know when everyone leaves, because so far it seems that a lot of the market, a lot of the users, and a lot of the community is still here.

Now, of course, I could be wrong, but there seems to be a big disconnect between that statement and reality. But whatever helps you sleep I guess.

In other news, new 12 month high?


Title: Re: Giving up on Bitcoin...
Post by: pooya87 on December 13, 2016, 04:18:28 AM
lol, Circle is a failed business in bitcoin front. they couldn't make money from the service they were offering since not enough people were using them with existence of coinbase.

and also they left because they didn't want IRS come knock on their doors like they did with Coinbase. all the shit that Circle CEO said publicly was because he was buthurt :D


Title: Re: Giving up on Bitcoin...
Post by: babyjesusftw1 on December 13, 2016, 05:43:38 AM
Just because one company leaves the market doesn't mean the entire currency is dead. Even after the closing of Circle to bitcoin transactions, the value of bitcoin is still rising. The pubic and investors clearly still have full confidence that bitcoin adoption will increase in the future, so why shouldn't you?


Title: Re: Giving up on Bitcoin...
Post by: BeetcoinScummer on December 13, 2016, 05:47:48 AM

Is this the Bitcoin you wanted?  Settlement, speculation, and no end user functionality? 

Yes! Take your damn coffee transactions off-chain!


Title: Re: Giving up on Bitcoin...
Post by: pinkflower on December 13, 2016, 06:13:22 AM
...and by "giving up" the OP means he will continue to post FUD well into the future!

This is what really happened. He sold all his BTC months ago for a small profit because he thought that its already overbought like what most of the wannabes in the speculation forum would say. He must be regretting that decision now and hes feeling bad. This thread is the manifestation of how bad he feels by declaring that BTC is dead.


Title: Re: Giving up on Bitcoin...
Post by: davis196 on December 13, 2016, 06:43:38 AM
I am not the only one, lots of people have already given up.  Very fucking stupid mismanagement is the result.  At least TCP-IP and Linux had some means to make sensible adjustments in the early days.

Circle Gives Up Bitcoin (http://fortune.com/2016/12/07/circle-blockchain/?utm_content=buffer8ead6&utm_medium=social&utm_source=linkedin.com&utm_campaign=buffer)

Bitcoin has no means to fix things that need a fixin'.  "Consensus" is just a very stupid concept.  95% consensus will never be reached for any issue.  Bitcoin is fucked.  Doesn't scale.  Everyone already left.

Everyone is free to leave bitcoin and the btc community if he wants to.

If you don`t like bitcoin just leave the forum and don`t post.

By the way,not everyone has left.


Title: Re: Giving up on Bitcoin...
Post by: QuestionAuthority on December 13, 2016, 07:13:07 AM
That's too bad. I'll miss you. Their aren't enough trolls here to keep me entertained anymore since Matthew and all of the My Little Pony characters left.

Do me one favor before you leave. Change your name to Fluttershy and bet everyone hundreds of bitcoins that Hashoceans cloud mining isn't a scam. That will kind of wrap up every fun time I've had on this forum in one package.

Not that your regular posts aren't entertaining. I especially liked the one where you make no sense at all, can't explain what you're talking about to anyone and then tell everyone in the thread to fuck off. Yep, that was a good one alright.


Title: Re: Giving up on Bitcoin...
Post by: Jet Cash on December 13, 2016, 08:53:55 AM
Well there are some interesting points in this thread.

For something to be an investment, it has to be saleable. Imho the payment facility is essential for the investment potential. Look at the risk to the dollar as the world switches from the Petrodollar to the PetroRuble.

If there is less activity on the exchanges, it could be because people are using Bitcoin as a currency, and not bothering to exchange it for risky fiat currencies.

I've backed off from Bitcoin a little because of all the infighting. I believe that transactions need to be speeded up, and the only way to do that is to reduce the block generation time. I believe there was a 1Mb transaction generated recently, increasing the block size would just increase the potential for even larger wasteful transactions. SegWit, halving the blocksize, and decimating the block generation interval would make Bitcoin a phenomenal and fast payment service. I appreciate that this will never happen - it's far too radical a change. Just like Trump and Brexit. :)


Title: Re: Giving up on Bitcoin...
Post by: Juggy777 on December 13, 2016, 09:09:31 AM
I am not the only one, lots of people have already given up.  Very fucking stupid mismanagement is the result.  At least TCP-IP and Linux had some means to make sensible adjustments in the early days.

Circle Gives Up Bitcoin (http://fortune.com/2016/12/07/circle-blockchain/?utm_content=buffer8ead6&utm_medium=social&utm_source=linkedin.com&utm_campaign=buffer)

Bitcoin has no means to fix things that need a fixin'.  "Consensus" is just a very stupid concept.  95% consensus will never be reached for any issue.  Bitcoin is fucked.  Doesn't scale.  Everyone already left.

Before I bid you goodbye why exactly are you giving up on Bitcoin now. Every one I know is coming for Bitcoin world and they are enjoying. I am loving this Bitcoin as it helps me but lots of stuff I never could before. So I would advise you to be calm and think again. Do not just quit.


Title: Re: Giving up on Bitcoin...
Post by: Dmitry.Vastov on December 13, 2016, 01:55:23 PM
Then go. Bitcoin doesnt need you. Bitcoin is stronger than you thought. You and that stupid circle should go and dont come back ever again. There are more better than circle.and i dont care if they choose to dump bitcoin. They are just bunch of losers.
Where can you find something like this? Bitcoin gave us freedom and thats why we love bitcoin. Governments likes to interfere with others money. I think this is the reason why blockchain technology created. There are only few like you who hates bitcoin. We are millions who supports bitcoin.


Title: Re: Giving up on Bitcoin...
Post by: Gotottack on December 13, 2016, 03:05:22 PM
Circles and OP has some good points. Like the 95% consensus, that's near impossible to achieve as it is almost a perfect 100% to decide on a matter. Bitcoin might be indeed falling apart or probably bitcoin is just consolidating, people are just not spending bitcoin too much because we are all waiting for that mythical unicorn or the $1,000 price mark.

I would have to agree with the proposal that bitcoin transactions should be sped up. If we can see an instantaneous transactions then that would really change the game again. Also, the problem of finite number of bitcoins is really troubling in my opinion. As maybe one day bitcoin supplies will deplete and the demand just rises. Bitcoins depletes every day. Even if we mine everyday the total amount of bitcoins that will ever be mined depletes. This is because there are plenty of wallets that go dormant with a few satoshis in them. Let's multiply those small satoshis in the millions as a result we lost so much precious and scarce bitcoins every year.


Title: Re: Giving up on Bitcoin...
Post by: thejaytiesto on December 13, 2016, 03:10:52 PM
And the price just keeps climbing.   ;)
And the functionality just keeps falling.

Yeah, people keep seeing more and more value in something that supposedly keeps falling in functionality.

Again you dumb retard, Bitcoin will stay as the best safe haven on earth if the idiots blocking segwit continuing doing so. If they start listening to intelligent people like Andreas Antonopoulos for example and not FUDsters like you, they will learn the fact that:

1) Increasing block size before segwit activation is a mistake
2) ALL Core devs except one want to increase the block size eventually, so no "1MB forever" FUD here.

But sure, "TKeenan", whoever the fuck that is, knows more about Bitcoin than Andreas Antonopoulos!



Title: Re: Giving up on Bitcoin...
Post by: European Central Bank on December 13, 2016, 03:25:23 PM
giving up on bitcoin now is a little like giving up on the internet in the late 80s/early 90s.

and I think it's a much harder sell than the internet so it may take considerably longer before it's anywhere near ubiquitous.

it's not gonna happen on a timescale that matches the average human's patience.


Title: Re: Giving up on Bitcoin...
Post by: SvenBomvolen on December 13, 2016, 03:35:51 PM
giving up on bitcoin now is a little like giving up on the internet in the late 80s/early 90s.

and I think it's a much harder sell than the internet so it may take considerably longer before it's anywhere near ubiquitous.

it's not gonna happen on a timescale that matches the average human's patience.

   Nice description, we can see where is internet now after + 25 years. If bitcoin be nearly successful like internet is, then this guys from Circle will come back into bitcoin world. It may take longer time for bitcoin to be accepted like internet, internet didnt have competition like bitcoin have now in old currencies. People have habits and for them its hard to give up fiat, this guys give up on wrong currency.


Title: Re: Giving up on Bitcoin...
Post by: iram3130 on December 13, 2016, 04:09:32 PM
I am not the only one, lots of people have already given up.  Very fucking stupid mismanagement is the result.  At least TCP-IP and Linux had some means to make sensible adjustments in the early days.

Circle Gives Up Bitcoin (http://fortune.com/2016/12/07/circle-blockchain/?utm_content=buffer8ead6&utm_medium=social&utm_source=linkedin.com&utm_campaign=buffer)

Bitcoin has no means to fix things that need a fixin'.  "Consensus" is just a very stupid concept.  95% consensus will never be reached for any issue.  Bitcoin is fucked.  Doesn't scale.  Everyone already left.

You are talking like "This dog has bit me so every dog in the world will be thinking about biting me and am fuc*ed."
I hope you understood what I meant. There are many alternative coins are there in the market. Try them and take the one which is good for you. Leaving won't make anything better.  :)


Title: Re: Giving up on Bitcoin...
Post by: Red Fish on December 13, 2016, 04:15:54 PM
In Blockchain Web wallet there are around 8 millions users, so Bitcoin market is stable and future is good. No one altcoin do not have so many users. And there is no other technology like Bitcoin, so Bitcoin will expand in future. 


Title: Re: Giving up on Bitcoin...
Post by: yayayo on December 13, 2016, 04:41:15 PM
one thing I can surely say, bitcoin is truely a blessed currency.

Blessed by whom?  Muhammed or Jesus? 

I don't want to use any fucking currency blessed by the wrong guy.

I think you're getting closer to a proper ragequit. :)
Come on, don't be shy, make it complete. Go for the whole nine yards. Just do it Hearn-style!

The demand to store the financial footprint of every lolly purchased on a limited resource like the Bitcoin blockchain at zero cost is similar to expecting a free ride on every cab in every city of the world. Using valuable resources comes with a cost. If they are for free, they tend to worth nothing. If every frappuccino transaction would be stored in the blockchain for free, the resulting blocksize would lead to the death of the decentralized network and Bitcoin would become worthless.

On-chain bigblock-scaling is a either a fools idea or a concept to destroy the decentralized nature of Bitcoin to make it a Paypal 2.0 and subjugate it to governmental control.

ya.ya.yo!


Title: Re: Giving up on Bitcoin...
Post by: olubams on December 13, 2016, 04:48:52 PM
If you're giving up on Bitcoin, then I say I wish you well in future endeavours but for me and the number of people on this forum including those finding their ways in on a daily basis, we are not giving up yet. For the article and the reason given by the CEO as to why they are letting go of Bitcoin is something I see solely rest on perception which can equally be change with the right campaign in the right direction all that is needed is just the push if he has not given up already...


Title: Re: Giving up on Bitcoin...
Post by: darklus123 on December 13, 2016, 05:02:57 PM
one thing I can surely say, bitcoin is truely a blessed currency.

Blessed by whom?  Muhammed or Jesus? 

I don't want to use any fucking currency blessed by the wrong guy.

I think you're getting closer to a proper ragequit. :)
Come on, don't be shy, make it complete. Go for the whole nine yards. Just do it Hearn-style!

The demand to store the financial footprint of every lolly purchased on a limited resource like the Bitcoin blockchain at zero cost is similar to expecting a free ride on every cab in every city of the world. Using valuable resources comes with a cost. If they are for free, they tend to worth nothing. If every frappuccino transaction would be stored in the blockchain for free, the resulting blocksize would lead to the death of the decentralized network and Bitcoin would become worthless.

On-chain bigblock-scaling is a either a fools idea or a concept to destroy the decentralized nature of Bitcoin to make it a Paypal 2.0 and subjugate it to governmental control.

ya.ya.yo!

Well, if paypal 2.0 is now available in the market here comes bitcoin 2.1. I mean where was that person actually living? Is he from a certain tribe who does not know the value of cost?(I highly respect every tribe tho)


Title: Re: Giving up on Bitcoin...
Post by: kooy on December 13, 2016, 05:07:38 PM
giving up on bitcoin now is a little like giving up on the internet in the late 80s/early 90s.

and I think it's a much harder sell than the internet so it may take considerably longer before it's anywhere near ubiquitous.

it's not gonna happen on a timescale that matches the average human's patience.


THIS.

P.S The CEO of circle is an idiot


Title: Re: Giving up on Bitcoin...
Post by: sportis on December 13, 2016, 05:21:45 PM
Nobody can rely on words of a company after having sole purpose the profit. This particular promotes an open source software called Spark related to blockchain. So probably would be strange and there is no reason to stay in bitcoin.


Title: Re: Giving up on Bitcoin...
Post by: South Park on December 13, 2016, 05:33:54 PM
I see some people disillusioned with bitcoin but most of those people seems to be upset from an ideological point of view, as it may seem bitcoin is not moving fast enough, but as long as bitcoin serves its purpose of been a currency and it is used by people I don't see why we should give up at all.


Title: Re: Giving up on Bitcoin...
Post by: Ayers on December 13, 2016, 05:39:35 PM
the price is meaningless..

if there are 16m coins.. but imagine only 5 coins on an exchange being swapped between 10 people.. those 5 coins dictate the price of the whole 16mill coins without involving the 16m coins.

basing bitcoins economy, bitcoins utility and bitcoins society on an exchange price is flawed.
infact in the last 12 month people have noticed real world inflation where a loaf of bread has jumped more than 20%

last year i could buy 2litres(4pints) of milk for £1. now the same shop sells it for £1.45
last year a loaf of bread was 50p (cheap ownbrand) now its 80p. major brand went from £1 to £1.50
yea they do deals for 2for£2 to hide the increase or help people get used to the increase by making them buy double to 'save'. but the reality is inflation has hit people pockets

so seeing bitcoin go from $650 to $770 is not a shock.. its basically means i can still buy the same amount of loaves of bread as last year.

also the amount of coins on an exchange has DROPPED. less people are confident about exchanges so we are not seeing millions of coins held on exchanges like in 2013.. now its just a couple hundred thousand. usually some are only hoarding 50k of customers coins. so again the bitcoin price vs the economy are not correlating in any way to suggest the economy/society/utility is growing

i very doubt you can trade the whole market with only 5 coins, while i agree that many coins are not in play, i also think that at least few million are on the exchange being dumped and bought again for fiat, and yyou are forgetting about trading that happen outside of exchange, private trading also determine the value


Title: Re: Giving up on Bitcoin...
Post by: TryAngle on December 13, 2016, 05:40:02 PM
I don't see why we should give up on bitcoin as the price keeps rising. Businesses will come and go just like in any industry, so I wouldn't worry about Circle.


Title: Re: Giving up on Bitcoin...
Post by: crazyivan on December 13, 2016, 05:41:04 PM
Everyone hopes and suggest the price will BOOM next year and he gives up BTC. Why? It s 2 complicated?

Dude, I suggest you take a deep breath, have a walk and stay away from your machine for a few days. Cause if you do leave, you ll be missing out A LOT.


Title: Re: Giving up on Bitcoin...
Post by: NamedUser on December 13, 2016, 05:45:04 PM
...and by "giving up" the OP means he will continue to post FUD well into the future!

Hahaha. That's what the post seems to be about, yes.

one thing I can surely say, bitcoin is truely a blessed currency.

Blessed by whom?  Muhammed or Jesus? 

I don't want to use any fucking currency blessed by the wrong guy.

I think you're getting closer to a proper ragequit. :)
Come on, don't be shy, make it complete. Go for the whole nine yards. Just do it Hearn-style!

The demand to store the financial footprint of every lolly purchased on a limited resource like the Bitcoin blockchain at zero cost is similar to expecting a free ride on every cab in every city of the world. Using valuable resources comes with a cost. If they are for free, they tend to worth nothing. If every frappuccino transaction would be stored in the blockchain for free, the resulting blocksize would lead to the death of the decentralized network and Bitcoin would become worthless.

On-chain bigblock-scaling is a either a fools idea or a concept to destroy the decentralized nature of Bitcoin to make it a Paypal 2.0 and subjugate it to governmental control.

ya.ya.yo!

Haha yes Mike Hearn had quite the little hissyfit now didn't he.

So @op, what have you personally contributed to make bitcoin better? Nothing? Oh, then stop hoping for a handout and do it yourself. Don't let the door hit you in the arse on your way out.


Title: Re: Giving up on Bitcoin...
Post by: hua_hui on December 13, 2016, 05:52:56 PM
On the other side, i am quite happy with bitcoins and may even plan to get more of it as times goes by. I am even in signature campaign so i also can slowly gain more btc for my usage. Dealing can never be more easy with btc.


Title: Re: Giving up on Bitcoin...
Post by: twodrive01 on December 13, 2016, 10:40:48 PM
The markets are sure changing thats for sure. Bittrex exchange volume is consistently well below Yobit and Livecoin. Doesnt mean bitcoin is dead. it means Bittrex is dead.


Title: Re: Giving up on Bitcoin...
Post by: SyGambler on December 13, 2016, 10:51:24 PM
can't tell you what to do or to think cause this is a personal matter , but personally I won't give up bitcoins
so far I'm not seeing anything wrong , and I'm actually really optimistic when it comes to bitcoin future

if circle gave up bitcoin that doesn't mean that they did the right thing 


Title: Re: Giving up on Bitcoin...
Post by: calkob on December 13, 2016, 10:59:27 PM
I am not the only one, lots of people have already given up.  Very fucking stupid mismanagement is the result.  At least TCP-IP and Linux had some means to make sensible adjustments in the early days.

Circle Gives Up Bitcoin (http://fortune.com/2016/12/07/circle-blockchain/?utm_content=buffer8ead6&utm_medium=social&utm_source=linkedin.com&utm_campaign=buffer)

Bitcoin has no means to fix things that need a fixin'.  "Consensus" is just a very stupid concept.  95% consensus will never be reached for any issue.  Bitcoin is fucked.  Doesn't scale.  Everyone already left.

And yet the transaction volume rises and the price is going up also,  i get your frustrations, but seriously giving up on bitcoin is just stupid.  sticking it out when the going gets tough is what bitcoin needs, so i suppose your no great loss......  :(


Title: Re: Giving up on Bitcoin...
Post by: angaper on December 13, 2016, 11:46:08 PM
I have read that entire text about the announcement of Circle to give up the bitcoin ecosystem and actually it does not seem a bad news. They are only looking for making profits, and no are so interested in contributing to enhance this alternate economy, so it is just natural to look for other business model where the only thing that matters is the profit and not a financial and economic revolution.


Title: Re: Giving up on Bitcoin...
Post by: TKeenan on December 14, 2016, 02:16:34 AM
I have read that entire text about the announcement of Circle to give up the bitcoin ecosystem and actually it does not seem a bad news. They are only looking for making profits, and no are so interested in contributing to enhance this alternate economy, so it is just natural to look for other business model where the only thing that matters is the profit and not a financial and economic revolution.

They were already funded and willing to spend $140 million on Bitcoin accessories (bitcoin wallet) that improve the usability of the network by giving end users tools to deploy their Bitcoin. 

But then they realized that there are a bunch of silly buffoons driving the ship and being unreasonable.  Over two years of bickering and no steps forward.  They understand that the system cannot be advanced with such a governing principle that is 'consensus'.  Consensus is merely a mechanism to halt any progress.  Progress down either path.  95% Concensus is pretty hard to achieve.  Core/GMaxwell will be lowering this in the next few weeks to 85%. 


Title: Re: Giving up on Bitcoin...
Post by: Pearls Before Swine on December 14, 2016, 02:25:37 AM
The market says otherwise, friendo.  And you can't argue with it either.  All the problems with scaling, blocksize, and everything else, they exist and will or won't be solved.  But people are still really hardcore into bitcoin and the price reflects that.  If bitcoin had turned out to be a fleeting fad, we would be approaching a valuation of zero.  And we're not, we're approaching $800!


Title: Re: Giving up on Bitcoin...
Post by: raja2sumi on December 14, 2016, 02:36:35 AM
when u are giving up why are making a topic on this .you should ask why should i not give up bitcoins ? well u just made a low quality post which is  not toleraable at all.dont give up on bitcoins until and unless u have a better to support on to.


Title: Re: Giving up on Bitcoin...
Post by: densuj on December 14, 2016, 02:50:42 AM
I have read that entire text about the announcement of Circle to give up the bitcoin ecosystem and actually it does not seem a bad news. They are only looking for making profits, and no are so interested in contributing to enhance this alternate economy, so it is just natural to look for other business model where the only thing that matters is the profit and not a financial and economic revolution.
I agree the corporations are just looking for profit and money, large of money.
Bitcoins is more than it, bitcoins is comunity of people whom believe that there are new consept of money on Internet, new technology blockchains.
It can not be controled by government,bankers or corporation.
They are not want it, on corporations always there are secret for making profit and not transparent is like bitcoin, so it is not strange the circle to give up in bitcoins because of they can not make large money and won't building bitcoin.


Title: Re: Giving up on Bitcoin...
Post by: mace15 on December 14, 2016, 02:57:07 AM
Why giving up bitcoin? Bitcoin is continously rising and others are
happy with it. Giving up bitcoin now is not wise enough to do so.
As of now Im pretty happy with bitcoins demands nowadays.


Title: Re: Giving up on Bitcoin...
Post by: digaran on December 14, 2016, 03:03:54 AM
It's not even time for bitcoin to scale for another 5 decades, yes bitcoin really isn't for us tech noobs.
We are just starting to use technology in general, and I think we should have an election to select a president for bitcoin and every member of this community should be able to vote.
It should be done in blockchain to avoid cheating.


Title: Re: Giving up on Bitcoin...
Post by: DimensionZ on December 14, 2016, 08:40:51 AM
Circle abandoned Bitcoin because they weren't making enough profit off it. Now they are trying to build a fiat wallet running on Blockchain technology with no fees. Everyone else who is sucking on Bitcoin's tit won't leave as long as the money keeps coming in.


Title: Re: Giving up on Bitcoin...
Post by: Babayega31 on December 14, 2016, 08:51:38 AM
Circle abandoned Bitcoin because they weren't making enough profit off it. Now they are trying to build a fiat wallet running on Blockchain technology with no fees. Everyone else who is sucking on Bitcoin's tit won't leave as long as the money keeps coming in.


That's not a good choice of giving up on bitcoin because it will have good future due to its good economy all those negative hearsays were pulling down the minds of the users which brings negative impacts to bitcoiners and we should not bare that in mind. Taking stand on what positive vision we have is right most of the time and avoid believing bad feedbacks which easily disappoints anyone.


Title: Re: Giving up on Bitcoin...
Post by: secretservice on December 14, 2016, 08:53:59 AM
The situation you described is not being reflected in the market. Bitcoin goes through one of the moments when there is a very significant increase in the number of people interested in it, and the balance between supply and demand is quite favorable for a possible upward movement, historical maybe...


Title: Re: Giving up on Bitcoin...
Post by: 20kevin20 on December 14, 2016, 09:15:05 AM
The situation you described is not being reflected in the market. Bitcoin goes through one of the moments when there is a very significant increase in the number of people interested in it, and the balance between supply and demand is quite favorable for a possible upward movement, historical maybe...

The recent events will affect its price sooner or later. For now we see only a slight move because we do not feel yet the consequences we're going to have because of India, Italy and Venezuela. More people are waking up and this is a good thing, but we have to make sure we aren't going to be the last ones waking up. More and more people are trusting Bitcoin and Silver. Get them before the price skyrockets.


Title: Re: Giving up on Bitcoin...
Post by: DimensionZ on December 14, 2016, 09:20:54 AM
Circle abandoned Bitcoin because they weren't making enough profit off it. Now they are trying to build a fiat wallet running on Blockchain technology with no fees. Everyone else who is sucking on Bitcoin's tit won't leave as long as the money keeps coming in.


That's not a good choice of giving up on bitcoin because it will have good future due to its good economy all those negative hearsays were pulling down the minds of the users which brings negative impacts to bitcoiners and we should not bare that in mind. Taking stand on what positive vision we have is right most of the time and avoid believing bad feedbacks which easily disappoints anyone.

Circle is a business. Businesses need to make money to survive. Bitcoin might have great potential but right now it's not perfect. Circle are not speculators or traders. The truth is that fiat businesses are more stable and profitable than Bitcoin ventures. Businesses don't care what Bitcoiners think, believe or dream of. It's capitalism.


Title: Re: Giving up on Bitcoin...
Post by: KoKaKoLa on December 14, 2016, 09:23:42 AM
you dont like bitcoin? want to get out? go ahead... but stop saying like everyone should do the same.


Title: Re: Giving up on Bitcoin...
Post by: TKeenan on December 14, 2016, 05:47:20 PM
but stop saying like everyone should do the same.
Who said everyone else should do the same? 


Title: Re: Giving up on Bitcoin...
Post by: eternalgloom on December 14, 2016, 06:06:40 PM
but stop saying like everyone should do the same.
Who said everyone else should do the same? 
To be fair, it's kind of implied when you start a thread like this and also mention that "everybody is already doing the same".
Kind of reads like a warning to other people, while the market itself is looking really promising atm, the price of BTC is going up, not down.


Title: Re: Giving up on Bitcoin...
Post by: darklus123 on December 14, 2016, 06:35:15 PM
Everyone hopes and suggest the price will BOOM next year and he gives up BTC. Why? It s 2 complicated?

Dude, I suggest you take a deep breath, have a walk and stay away from your machine for a few days. Cause if you do leave, you ll be missing out A LOT.

Simple trolling so that potential traders would quit, that is how I see things right here tho. If someone would sell their bitcoin because of believing a certain words from this guy that he might take that as an opportunity to buy those bitcoins(that was quite imaginative tho, but who knows?, I may be right as well.)


Title: Re: Giving up on Bitcoin...
Post by: virasog on December 17, 2016, 06:27:20 AM

I am not the only one, lots of people have already given up.  Very fucking stupid mismanagement is the result.  At least TCP-IP and Linux had some means to make sensible adjustments in the early days.  Bitcoin has no means to fix things that need a fixin'.  "Consensus" is just a very stupid concept.  95% consensus will never be reached for any issue.  Bitcoin is fucked.  Doesn't scale.  Everyone already left.
Nobody cares for your FUD. There are many crypto currencies if Bitcoin is not developed according to you than you can find the coin which meets your requirements there are thousands of Crypto currencies but all those do not stand near to the Bitcoin.

If people have given up on bitcoin, then why is it still at $12,533,652,161 market cap?
Why is the mining difficulty at all time highs and still rising every week?
I agree there are challenges but bitcoin has the strength to overcome it with time.



Title: Re: Giving up on Bitcoin...
Post by: Indicators on December 22, 2016, 01:44:09 PM






https://coins.newbium.com/post/5779-bitcoins-latest-move





Title: Re: Giving up on Bitcoin...
Post by: Taki on December 22, 2016, 01:55:48 PM
I didn't get about why you have gave up about bitcoin. Must be you need it it for your own targets and for somethings special. But to me bitcoin is the same money as other fiat. Bitcoin to me is the way to get some extra money to my salary without paying salary's taxes.


Title: Re: Giving up on Bitcoin...
Post by: RawDog on December 22, 2016, 07:20:59 PM
I didn't get about why you have gave up about bitcoin. Must be you need it it for your own targets and for somethings special. But to me bitcoin is the same money as other fiat. Bitcoin to me is the way to get some extra money to my salary without paying salary's taxes.
Bitcoin doesn't scale.  It is broken with many thousands of transactions in the queue.  Price is just a Ponzi effect. Crash coming soon.  Big crash.


Title: Re: Giving up on Bitcoin...
Post by: Traderbtcc on December 22, 2016, 07:26:38 PM
How much did you lose, op? Time to dive back in while the price is still 3 digits.


Title: Re: Giving up on Bitcoin...
Post by: Sir Alpha_goy on December 22, 2016, 09:03:20 PM
Silver has a home for you OP.

It will never stop being dependable money for you to use for thousands of years to come.


Title: Re: Giving up on Bitcoin...
Post by: Sir Alpha_goy on December 22, 2016, 09:04:04 PM
I didn't get about why you have gave up about bitcoin. Must be you need it it for your own targets and for somethings special. But to me bitcoin is the same money as other fiat. Bitcoin to me is the way to get some extra money to my salary without paying salary's taxes.
Bitcoin doesn't scale.  It is broken with many thousands of transactions in the queue.  Price is just a Ponzi effect. Crash coming soon.  Big crash.

They don't want to hear that.

Shhhhhh.

It will upset their fiat worth.


Title: Re: Giving up on Bitcoin...
Post by: Mr.grin on December 22, 2016, 09:05:43 PM
as long as you can still make money, then do not ever quit or give up to produce it. very many of us who want to have an income, they are even willing to do anything to get money. if you know how to search bitcoin well, then do not give up, because it will only make you lose.


Title: Re: Giving up on Bitcoin...
Post by: icqcointokenwallet on December 22, 2016, 09:19:35 PM
When you mess with the bull, you get the horns. Hahaha. So you giving because you cant get a worthy amount for free.  Bitcoin is the pioneer of cryptos.


Title: Re: Giving up on Bitcoin...
Post by: couldbeangel on December 22, 2016, 11:00:04 PM
I didn't get about why you have gave up about bitcoin. Must be you need it it for your own targets and for somethings special. But to me bitcoin is the same money as other fiat. Bitcoin to me is the way to get some extra money to my salary without paying salary's taxes.
Bitcoin doesn't scale.  It is broken with many thousands of transactions in the queue.  Price is just a Ponzi effect. Crash coming soon.  Big crash.

So whats is the solution ?


Title: Re: Giving up on Bitcoin...
Post by: jbreher on December 22, 2016, 11:23:38 PM
If they start listening to intelligent people like Andreas Antonopoulos for example and not FUDsters like you, they will learn the fact that:

1) Increasing block size before segwit activation is a mistake
2) ALL Core devs except one want to increase the block size eventually, so no "1MB forever" FUD here.

I personally think Andreas has been, and will continue to be, a great asset to the Bitcoin community. That said, his greatest strength is not as a thinker, but as an explainer. As such, I'd be more than happy to listen to AA explain why it is important to adopt The SegWit Omnibus Changeset before adopting a direct simple blocksize increase. Earlier talks by him that I have seen have been absolutely and explicitly ambivalent on this matter. Care to link to what you think his strongest such statement is?


Title: Re: Giving up on Bitcoin...
Post by: jbreher on December 22, 2016, 11:29:18 PM
I am even in signature campaign so ...

You should be aware that your shillerry comes with a price. See my sig for just one reason why.


Title: Re: Giving up on Bitcoin...
Post by: Wapinter on December 22, 2016, 11:40:36 PM

I am not the only one, lots of people have already given up.  Very fucking stupid mismanagement is the result.  At least TCP-IP and Linux had some means to make sensible adjustments in the early days.  Bitcoin has no means to fix things that need a fixin'.  "Consensus" is just a very stupid concept.  95% consensus will never be reached for any issue.  Bitcoin is fucked.  Doesn't scale.  Everyone already left.
Nobody cares for your FUD. There are many crypto currencies if Bitcoin is not developed according to you than you can find the coin which meets your requirements there are thousands of Crypto currencies but all those do not stand near to the Bitcoin.

If people have given up on bitcoin, then why is it still at $12,533,652,161 market cap?
Why is the mining difficulty at all time highs and still rising every week?
I agree there are challenges but bitcoin has the strength to overcome it with time.


If few people are leaving bitcoin more are taking it up everyday.Bitcoin userbase is definitely growing


Title: Re: Giving up on Bitcoin...
Post by: Babayega31 on December 22, 2016, 11:51:24 PM
I didn't get about why you have gave up about bitcoin. Must be you need it it for your own targets and for somethings special. But to me bitcoin is the same money as other fiat. Bitcoin to me is the way to get some extra money to my salary without paying salary's taxes.


It not good to hear that you are giving up on bitcoin because everybody ia seeking for money for life sustaining income and now you're saying that? Oh i don't think its right but for me bitcoin is an opportunity which is very important that you can grab for your life needs. We should not ignore this opportunity and yet this is a good way of part time income rather than selling good along sidewalks just to earn fiat money.


Title: Re: Giving up on Bitcoin...
Post by: ufaiz50 on December 23, 2016, 12:11:45 AM
I am not the only one, lots of people have already given up.  Very fucking stupid mismanagement is the result.  At least TCP-IP and Linux had some means to make sensible adjustments in the early days.

Circle Gives Up Bitcoin (http://fortune.com/2016/12/07/circle-blockchain/? utm_content=buffer8ead6&utm_medium=social&utm_source=linkedin.com&utm_campaign=buffer)

and many people don't give up. give up and don't give up it's a mental problem and your confidence

Quote
Bitcoin has no means to fix things that need a fixin'.  "Consensus" is just a very stupid concept.  95% consensus will never be reached for any issue.  Bitcoin is fucked.  Doesn't scale.  Everyone already left.
is very stupid concept why bitcoin still exist and will continue to grow?


Title: Re: Giving up on Bitcoin...
Post by: SmartIphone on December 23, 2016, 12:17:33 AM
I am not the only one, lots of people have already given up.  Very fucking stupid mismanagement is the result.  At least TCP-IP and Linux had some means to make sensible adjustments in the early days.

Circle Gives Up Bitcoin (http://fortune.com/2016/12/07/circle-blockchain/?utm_content=buffer8ead6&utm_medium=social&utm_source=linkedin.com&utm_campaign=buffer)

Bitcoin has no means to fix things that need a fixin'.  "Consensus" is just a very stupid concept.  95% consensus will never be reached for any issue.  Bitcoin is fucked.  Doesn't scale.  Everyone already left.

You are alone in this, there are many people that are skeptic in this and gladfully that the number is not high.
I believe that bitcoin has a good future and surprisingly the bitcoin price has been reached in a higher level that I ever expected to happen in the near future.


Title: Re: Giving up on Bitcoin...
Post by: BreakingSlow on December 23, 2016, 12:19:52 AM
Why would you give up the bitcoin, it has a good future is known for a lot and also has proven itself more and more.
I even think that we should believe in it because its becoming bigger and bigger.


Title: Re: Giving up on Bitcoin...
Post by: angaper on December 23, 2016, 12:20:05 AM
Well, it is assumed that he is a Hero member so his deductions and ideas can not be made without any basis.

I personally also have certain doubts regarding the future of bitcoin, however these doubts existed from the first day that bitcoin was created but it has managed to move forward, with the credibility of people... or without it.


Title: Re: Giving up on Bitcoin...
Post by: DerDerrick on December 23, 2016, 12:53:33 AM
I would never give up on the bitcoin because I think that it can become a very powerful currency globally and the profit you can make with it nowadays is also not bad at all.


Title: Re: Giving up on Bitcoin...
Post by: virasog on December 25, 2016, 06:59:58 AM

Why would you give up the bitcoin, it has a good future is known for a lot and also has proven itself more and more.
I even think that we should believe in it because its becoming bigger and bigger.

Yes, bitcoin has prove itself more and more to us, why OP giving up?
and yes it is now getting bigger and bigger, since we have now almost near to $900..
We must continue to use it so it will increase higher.



Title: Re: Giving up on Bitcoin...
Post by: crazyivan on December 25, 2016, 07:23:16 AM
Looking at the recent price movements and expectations for the next year, you have really found great moment to give up on BTC. 
I hope you have changed your decision by now.


Title: Re: Giving up on Bitcoin...
Post by: culexevilman on December 25, 2016, 07:31:23 AM
Give up your Bitcoins before you quit?

wait...

https://cdn.meme.am/cache/instances/folder863/500x/74251863.jpg


Title: Re: Giving up on Bitcoin...
Post by: NathanEHarvey on December 25, 2016, 07:34:00 AM
Indidnt expect to see a pot like this today...


Title: Re: Giving up on Bitcoin...
Post by: mrkevio on December 25, 2016, 07:59:36 AM
Looking at the recent price movements and expectations for the next year, you have really found great moment to give up on BTC. 
I hope you have changed your decision by now.

I always gave up Bitcoin in the worst moments possible - whenever I did, the price doubled, tripled or.. Even quadrupled! Yeah, I spent $100 when the price of 1BTC was $200 and now it went up to $920.. Almost 5x in increase?! So I spent $500 basically! It's a big, big mistake to give it up right now.