Bitcoin is already failing as a payment system.
Big blocktards don't understand that Bitcoin was never ment to be payment system. it was created as electronic cash system! Bitcoin: A Peer-to-Peer Electronic Cash SystemEvery payment system is created on top of a cash system. You can have many payment systems on top of a single cash system! If we constantly increase block size we shall never create environment where creating competitive payment system is economically feasible AND more importantly in the end we shall ruin bitcoin as cash! Right now it is not the block size that needs to be increased. It is the tx fees that need to be increased! |
|
|
|
XT altcoin was much more serious bitcoin take over attempt than this joke named ClasSick.
You seem scared. Wrong. Think again. What will you do when the hard fork happens? Unbelievable number of antibitcoin trolls are pouring in. Who is paying? That is the question! |
|
|
|
XT altcoin was much more serious bitcoin take over attempt than this joke named ClasSick.
You seem scared. Wrong. Think again. |
|
|
|
|
XT altcoin was much more serious bitcoin take over attempt than this joke named ClasSick.
|
|
|
|
the price seems to be getting back after the previous drop, the blocks are getting filled more and more often, i hope this problem will be solved as soon as possible as its definitely not a good thing for bitcoin
It is good that blocks are getting filled more and more often. Nothing wrong with that. If you want included, pay higher tx fees. If not, you'll wait. Of course, spam must be filtered out. |
|
|
|
BITCOIN: TOO BIG TO FAIL  The death of bitcoin has been proclaimed once again. Prominent developer Mike Hearn’s recent comments that the bitcoin experiment was over mark the 89th time the digital currency has been pronounced dead since it first launched in 2009, at least according to one website dedicated to tracking bitcoin obituaries. While it's sad to see a talented programmer like Hearn turn his back on bitcoin, there are still thousands of people working on making the world’s first digital currency a success. ... All successful projects face problems as they grow, thankfully there are a multitude of brilliant minds working to solve them. In five years, hundreds of millions of users will be sending money on the internet as easily as they send chats, and the only obituaries being written will be those of the traditional banks. http://europe.newsweek.com/bitcoin-too-big-fail-418481?rm=eu |
|
|
|
Where are we at, are people just pretending Toomin-Coin is still happening?
As far as I can see (read) Chinese mining pools have rejected it & shown their support for Core?
Can we add Toomin-Coin to the list of failed take overs?
Chinese mining doesn't reject Classic. This is just FUD from C0re people. ClasSick is dead before it's even born. |
|
|
|
Speaking of volatility... I am not sure what to make of this recent price action.
BTCC just like XT altcoin fork is dead and market is pricing that in. You are so funny. Big Blocktards laugh at everything. Even if I show them a finger. |
|
|
|
Speaking of volatility... I am not sure what to make of this recent price action.
BTCC just like XT altcoin fork is dead and market is pricing that in. |
|
|
|
WTF just happened? Any news?
Bitcoin classic will release its code next week. Bitcoin is saved. BUY BUY BUY. haha XT, Classic, Unlimited or whatever altcoin fork. People just don't care anymore. They just buy bitcoins in view of the stock market tsunami on the horizon. |
|
|
|
I am tired of all that shit. I quit Bitcoin until the next ATH.
Good. We need all your bitcoins. Thanks. |
|
|
|
Yes there are challenges with adoption. Limiting the transaction capacity will not help.
It is a very stupid argument. Saying that current block size is limiting adoption is like saying a place is not attractive to people because it's overcrowded... For minors is not important the number of people and entities that pay tx fees but the overall tx fees paid! Of course, the size of the adoption is important but even more important is the quality of the adoption. Increasing block size and giving free block space to even more spam will not help bitcoin adoption for sure! |
|
|
|
|
It is BTC or the BTCC altcoin. It is your choice.
|
|
|
|
When you take away child's toy, he is upset...His reaction just shows his arrogance for the last couple of months
Thinking of upset Hearn joining R3 and arrogantly ragequitting. Now banks getting behind Garzik's "classic" fork. It is too obvious what is going on. Banks need bitcoin blockchain but without bitcoin and that's exactly what big-blockers are doing crippling bitcoin as store of value. Hurray... free block space to every spammer! Only dumb people think there is a need to have a blocksize limit in order to have the store of value function. Only dumb people think miners can pay their bills with the miserable tx fees big-blockers are willing to pay. Do you even realize that the long term outcome of Lightning (the Holy Graal of Core folks) would be to massively reduce the amount of transaction fees versus an on-chain scaling? Are you a BitPay employee? Are you horrified that merchants will set up Lightning pools instead of using your service that is dependent on ALWAYS use the dollar as a crutch to crippled Bitcoin? Do you even realize that Lightning is build UPON a base named Bitcoin? Do you even realize that a house CAN'T exist without its base? How is Lightning bad thing for minors? Lightning can't exist without bitcoin and bitcoin can't exist without minors. Is Lightning a bad thing for Lightning?! Lightning reduces transaction fees so it's detrimental to your own objective to make Bitcoin more secure. Hell is paved with good intentions. Lightning will reduce the number of people and entities paying transaction fees but not the overall amount of fees paid! |
|
|
|
When you take away child's toy, he is upset...His reaction just shows his arrogance for the last couple of months
Thinking of upset Hearn joining R3 and arrogantly ragequitting. Now banks getting behind Garzik's "classic" fork. It is too obvious what is going on. Banks need bitcoin blockchain but without bitcoin and that's exactly what big-blockers are doing crippling bitcoin as store of value. Hurray... free block space to every spammer! Only dumb people think there is a need to have a blocksize limit in order to have the store of value function. Only dumb people think miners can pay their bills with the miserable tx fees big-blockers are willing to pay. What kind of person thinks a company exists to employ people? Your statement betrays a fundamental misunderstanding of economics. The network does not exist to support the miners. Miners exist to support the network. Only dumb people can say that people are not using bitcoin because blocks are full. It is like saying people don't use this place because it is overcrowded. |
|
|
|
When you take away child's toy, he is upset...His reaction just shows his arrogance for the last couple of months
Thinking of upset Hearn joining R3 and arrogantly ragequitting. Now banks getting behind Garzik's "classic" fork. It is too obvious what is going on. Banks need bitcoin blockchain but without bitcoin and that's exactly what big-blockers are doing crippling bitcoin as store of value. Hurray... free block space to every spammer! Only dumb people think there is a need to have a blocksize limit in order to have the store of value function. Only dumb people think miners can pay their bills with the miserable tx fees big-blockers are willing to pay. Do you even realize that the long term outcome of Lightning (the Holy Graal of Core folks) would be to massively reduce the amount of transaction fees versus an on-chain scaling? Are you a BitPay employee? Are you horrified that merchants will set up Lightning pools instead of using your service that is dependent on ALWAYS use the dollar as a crutch to crippled Bitcoin? Do you even realize that Lightning is build UPON a base named Bitcoin? Do you even realize that a house CAN'T exist without its base? How is Lightning bad thing for minors? Lightning can't exist without bitcoin and bitcoin can't exist without minors. Is Lightning a bad thing for Lightning?! |
|
|
|
Bitcoin never set out to be an investment vehicle. It was created to be Bitcoin: A Peer-to-Peer Electronic Cash System.
Ah, you're among those that think gold is not money but investment vehicle. |
|
|
|
So - big block fans - where are the signatures of the clearly tens (or hundreds) of thousands of frustrated wannabe Bitcoin users that are only not using it because of the block size?
Of course there are none - the only people complaining about it are the payment processors hoping to get rich and those that are wanting to take control of the project.
It is good that Mike Hearn has left - but we still need Gavin to leave as well IMO (as he is not giving up trying to take over the project as is obvious from his quick change from XT to Classic). |
|
|
|
When you take away child's toy, he is upset...His reaction just shows his arrogance for the last couple of months
Thinking of upset Hearn joining R3 and arrogantly ragequitting. Now banks getting behind Garzik's "classic" fork. It is too obvious what is going on. Banks need bitcoin blockchain but without bitcoin and that's exactly what big-blockers are doing crippling bitcoin as store of value. Hurray... free block space to every spammer! Only dumb people think there is a need to have a blocksize limit in order to have the store of value function. Only dumb people think miners can pay their bills with the miserable tx fees big-blockers are willing to pay. |
|
|
|
When you take away child's toy, he is upset...His reaction just shows his arrogance for the last couple of months
Thinking of upset Hearn joining R3 and arrogantly ragequitting. Now banks getting behind Garzik's "classic" fork. It is too obvious what is going on. Banks need bitcoin blockchain but without bitcoin and that's exactly what big-blockers are doing crippling bitcoin as store of value. Hurray... free block space to every spammer! |
|
|
|
|
Show Posts
