I am amazed with number of people being fooled with BTC:
1. Transactions takes hours
2. Fees are high
3. Development team sucks, uncapable solve scalability issues for years
4. Its not anonymous, every solution to make it, failed so far
5. Its centralized: who is biggest hash power owner? Who is biggest miner hardware provider? Who owns most of bitcoins? What is % of Bitcoins in coldstorage and what in exchanges ( Ye Mt Gox )
6. There is 0 economics for BTC, it just tight to USD with liquidity providers, cut that and try to value pizza box with just BTC
7. Its not store of value, its not digital gold, and it will never be 100k USD. Because it has no value. It has value only for energy probiders, hardware manufactures and random phils.
8. Its not insured, If some crap happened to your BTC, its gone.
Such crap will never be used in payments, noone wants to support Terrabytes or Petabytes of data.
Its funny to observe how uneducated shills trying to make casual office landline phone to look smart phone.
BTC is scam of the century, stay away.
well bitcoin have a lot of supporters and the most popular in cryptocurrency. it is proven that many benefited in it and became millionaire. bitcoin have flaws we can't deny that because it is the first to be created but still people accept it and use it. if you say bitcoin is a scam then stay away from it. i see your account is made for the sole purpose of supporting that "coin" and to bash bitcoin and other altcoins. everyone have its own opinion and they can think and they respect bitcoin and other altcoins but what you got is a broad minded thinking blindly supporting that "coin". It's true, Bitcoin is a great success today because its supporters, that are many. And if they support Bitcoin it's because they are satisfied with the results we have today or because they still see a big potential on this currency. I don't understand why OP blames Bitcoin as it was the first and original Crypto-Currency, that united many people around a new conception of financial system. He should be proud of this... If he wants so many guarantees and fast solutions he should use fiat instead of Bitcoins... 3. Development team sucks, uncapable solve scalability issues for years
In a decentralized system, changes take more time to happen as there are many disagreements, there isn't a central authority to say "we will do this or that, dot". What annuls OP's fifthy point: "It's centralized". I do not see success, I see price where traders can benefit, but still point #5 and #6 is failing. Traders benefit from Crypto-Currency's prices in general. And after a day's work the profit is converted to fiat or Bitcoin... (A good part of it at least). Without Bitcoin there woulnd't be any other AltCoin at this point. Bitcoin is the original, the first one, it's normal people have more confidence on it than on any other AltCoin, right? If Bitcoin succeeds (that is what it's happening), many other Crypto-Currencies can succeed as well (as we can see some solid AltCoins already). Days work? What work? People now have confidence in other coins more than in Bitcoin, there is no measure here to tell % wise. And again, Bitcoin succeed in what? Its very naive to sit and think that everyone expects Bitcoin to succeed and than only alt coins will do. |
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Just a question: How many of you run full clients? How many people have enough knowledge to run full clients? How many people will be willing to run 1TB client?
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We are here not only for a reason to become rich or to earn money, we are here because we believe in changes and to strengthen the cryptocurrency world, if some would just discriminate or even give a negative feedback without enough proof and a purely mere accusation about it then how we are able to encourage some of the people to invest as well just like we are doing right? Remember, we are the one creating value in crypto currencies.
Point #3 is your friend. Encourage to invest? At current state you encourage people to replace you in bag holding. |
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I am amazed with number of people being fooled with BTC:
1. Transactions takes hours
2. Fees are high
3. Development team sucks, uncapable solve scalability issues for years
4. Its not anonymous, every solution to make it, failed so far
5. Its centralized: who is biggest hash power owner? Who is biggest miner hardware provider? Who owns most of bitcoins? What is % of Bitcoins in coldstorage and what in exchanges ( Ye Mt Gox )
6. There is 0 economics for BTC, it just tight to USD with liquidity providers, cut that and try to value pizza box with just BTC
7. Its not store of value, its not digital gold, and it will never be 100k USD. Because it has no value. It has value only for energy probiders, hardware manufactures and random phils.
8. Its not insured, If some crap happened to your BTC, its gone.
Such crap will never be used in payments, noone wants to support Terrabytes or Petabytes of data.
Its funny to observe how uneducated shills trying to make casual office landline phone to look smart phone.
BTC is scam of the century, stay away.
well bitcoin have a lot of supporters and the most popular in cryptocurrency. it is proven that many benefited in it and became millionaire. bitcoin have flaws we can't deny that because it is the first to be created but still people accept it and use it. if you say bitcoin is a scam then stay away from it. i see your account is made for the sole purpose of supporting that "coin" and to bash bitcoin and other altcoins. everyone have its own opinion and they can think and they respect bitcoin and other altcoins but what you got is a broad minded thinking blindly supporting that "coin". It's true, Bitcoin is a great success today because its supporters, that are many. And if they support Bitcoin it's because they are satisfied with the results we have today or because they still see a big potential on this currency. I don't understand why OP blames Bitcoin as it was the first and original Crypto-Currency, that united many people around a new conception of financial system. He should be proud of this... If he wants so many guarantees and fast solutions he should use fiat instead of Bitcoins... 3. Development team sucks, uncapable solve scalability issues for years
In a decentralized system, changes take more time to happen as there are many disagreements, there isn't a central authority to say "we will do this or that, dot". What annuls OP's fifthy point: "It's centralized". I do not see success, I see price where traders can benefit, but still point #5 and #6 is failing. |
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I am amazed with number of people being fooled with BTC:
1. Transactions takes hours
2. Fees are high
3. Development team sucks, uncapable solve scalability issues for years
4. Its not anonymous, every solution to make it, failed so far
5. Its centralized: who is biggest hash power owner? Who is biggest miner hardware provider? Who owns most of bitcoins? What is % of Bitcoins in coldstorage and what in exchanges ( Ye Mt Gox )
6. There is 0 economics for BTC, it just tight to USD with liquidity providers, cut that and try to value pizza box with just BTC
7. Its not store of value, its not digital gold, and it will never be 100k USD. Because it has no value. It has value only for energy probiders, hardware manufactures and random phils.
8. Its not insured, If some crap happened to your BTC, its gone.
Such crap will never be used in payments, noone wants to support Terrabytes or Petabytes of data.
Its funny to observe how uneducated shills trying to make casual office landline phone to look smart phone.
BTC is scam of the century, stay away.
It seems like you are being hurt with this condition, or maybe you`re a person who is having a crop failure. Just be honest what you say is true, as there are 'high transaction fees' that haven`t been resolved yet, and it did really interfere with my trading activity in bitcoin. If bitcoin like this forever, maybe I will 'swerved' and steer the vehicle to the altcoin track. I am no hurt, and transaction fee is just small problem that could be ignored. You are traded, so you ride waves until they come. |
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I am amazed with number of people being fooled with BTC:
1. Transactions takes hours
2. Fees are high
3. Development team sucks, uncapable solve scalability issues for years
4. Its not anonymous, every solution to make it, failed so far
5. Its centralized: who is biggest hash power owner? Who is biggest miner hardware provider? Who owns most of bitcoins? What is % of Bitcoins in coldstorage and what in exchanges ( Ye Mt Gox )
6. There is 0 economics for BTC, it just tight to USD with liquidity providers, cut that and try to value pizza box with just BTC
7. Its not store of value, its not digital gold, and it will never be 100k USD. Because it has no value. It has value only for energy probiders, hardware manufactures and random phils.
8. Its not insured, If some crap happened to your BTC, its gone.
Such crap will never be used in payments, noone wants to support Terrabytes or Petabytes of data.
Its funny to observe how uneducated shills trying to make casual office landline phone to look smart phone.
BTC is scam of the century, stay away.
well bitcoin have a lot of supporters and the most popular in cryptocurrency. it is proven that many benefited in it and became millionaire. bitcoin have flaws we can't deny that because it is the first to be created but still people accept it and use it. if you say bitcoin is a scam then stay away from it. i see your account is made for the sole purpose of supporting that "coin" and to bash bitcoin and other altcoins. everyone have its own opinion and they can think and they respect bitcoin and other altcoins but what you got is a broad minded thinking blindly supporting that "coin". Everyone is blind just because Bitcoin made other millionaires, this is why it useless, no-one gives a shit about how it can be usefull, 99% thinks about become millionaires, but bitcoin, put into cold wallet and wait. Typical ponzi game. Where is the use? |
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If you now said bcash is the real thing, and that it's the only crypto that could be used as a payment system or a currency, I would say you are working for Roger Ver. As a Sr. Member you should be here for a while, so you had enough time to make some research about crypto and bitcoin, but you are either going to the wrong sources, or you didn't understand anything you've read. You are entitled to your opinion, but you are wrong in most of the aspects of your analysis. You say it has no value or use, but lets compare it to fiat. Fiat might have an enormous amount of liquidity, is backed by governments and it's well established worldwide. It's our traditional financial system but although it might seem stable, we do see come big crises now and then, simply because people can just borrow money from banks, and since there is no max supply, there is the risk of hyperinflation, and it does happen. Just look to Venezuela now. This happens because our financial system is broken, but we don't really have an option. Bitcoin on the other hand, has a limit supply, just like gold, but it's easier to use, it's much more secure than fiat and can't be forfeit (and you don't need banks to verify this for you), and isn’t confined by borders of countries. Bitcoin is is independent, robust and most importantly, decentralized. It's price can't be influenced by banks or govern politics, and this makes it much more reliable than fiat. You are correct about fees and txs taking a while to confirm, but this is where your research is probably failing you. The lighting network has the potencial to solve these issues, and it's close. A lot of users are testing it on the main net, and we even have universities that are committed to put the LN to the test, so we will see it soon, and right now things looks promising. https://bitcointalk.org/index.php?topic=2784564.msg28574299#msg28574299As soon as everything is up and running, we will see more stores using it, adoption will grow, BTC will get more stable, and it will not just be used for payments, it will actually have the potencial to replace fiat. Maybe we will never see all this happening, but it has the potencial for that, and you can't deny it. Your propaganda is simple copy/paste, no critical thinking. Every code has a maintainer, every system has a maintainer. Everything is maintained, and this is very true centralized aspect of every system with no exclusion. |
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Thanks for replies people.
Some things I will reply in general:
useless, guys the fact that some of you become reach and wealthy does not make Bitcoin useful. You wealth does not come from values that are used in propaganda.
1. Why I am still here? I believe there are technologies that are better maintained and lead than BTC, I prefer put money in something that bring value, has use-case and been used.
2. LN is panacea! Well not, so far its more dream than reality, no doubt it will be delivered in one or other way, but it will not solve all problems and so far it has more questions than answers.
Also addition to the list:
9. Bitcoin has a limited supply, but it does not help much. Bitcoin has a code that can be amended and its enough of small group of people to work together to support that. Question really is: do someone need that hassle? No really. Bitcoin has satoshis, that currently meaningless and just nice numbers after dot, but this a very well painless way to inflate any crypto currency and its up to liquidity providers. Again it falls to point #5 and #6.
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I am amazed with number of people being fooled with BTC: 1. Transactions takes hours 2. Fees are high 3. Development team sucks, uncapable solve scalability issues for years 4. Its not anonymous, every solution to make it, failed so far 5. Its centralized: who is biggest hash power owner? Who is biggest miner hardware provider? Who owns most of bitcoins? What is % of Bitcoins in coldstorage and what in exchanges ( Ye Mt Gox ) 6. There is 0 economics for BTC, it just tight to USD with liquidity providers, cut that and try to value pizza box with just BTC 7. Its not store of value, its not digital gold, and it will never be 100k USD. Because it has no value. It has value only for energy probiders, hardware manufactures and random phils. 8. Its not insured, If some crap happened to your BTC, its gone. 9. Bitcoin has a limited supply, but it does not help much. Bitcoin has a code that can be amended and its enough of small group of people to work together to support that. Question really is: do someone need that hassle? No really. Bitcoin has satoshis, that currently meaningless and just nice numbers after dot, but this a very well painless way to inflate any crypto currency and its up to liquidity providers. Again it falls to point #5 and #6. Added on 24/01/2018Such crap will never be used in payments, noone wants to support Terrabytes or Petabytes of data. Its funny to observe how uneducated shills trying to make casual office landline phone to look smart phone. BTC is scam of the century, stay away. UPDATE 12/02/2018:As this forum full of bots, I will emphasize one question from the user: Ok, for all of you that insist that Bitcoin is not useless, tell me! What do you use Bitcoin for? Please don't tell me what it could be used for or how other people might use it. I want to know how you use it. Also, please don't tell me about trading or hodling. Those are not uses. Hope to get constructive answers. UPDATE 11/02/2018:One by one, it becomes recognizable that Bitcoin at this stage is very useless. DarkNet, is the one who started one, and the one who will make a dump: https://cointelegraph.com/news/is-darknet-done-with-bitcoinThis is a very worried signal UPDATE 30/01/2018:Bitcointalk, and many other crypto related forums are heavily manipulated by bots, the amount of useless posts and conversation is just crazy. Even look at this thread, so much messages about "it will make me reach", "it growing", "I am going to be wealthy" so much manipulation, only in ponzi game this possible. It proves just on how bitcoin is useless, because 90% of people just copy paste message from bots, even not knowing basic fundamentals. UPDATE 29/01/2018:Few points were made here that are unfair: 1. Bitcoin is a first one, its revolutionary and so on and so forth, wrong, Bitcoin is a client that is build on top of practices that were developed and test long time before Bitcoin e.g. Proof of Work, Hashcash, eCash, bit gold, Merkle Tree, Peer-to-Peer,Byzantine fault tolerance etc. 2. Bitcoin is still in development and it needs a time and so on and so forth, really? its a 10 years old technology. Its usage is very easy predictable, no rocket science here. Scailibility problems were addressed long time ago. But like in every corrupted government, Bitcoin has biased devs, greedy miners and exchanges driven by capitalists. Why to care about tech? When everyone is just become wealthy on nothing. This is why its scam and this is how it become useless, because everyone only cares about price, not utility on day-to-day basis. Typical ponzi game. 3. Bitcoin is store of value, fake as is. Everything that has Blockchain underneath is store of value, Bitcoin is neither exception nor unique here. And again it has no value, because there is no utility. Remove exchanges from equation, and tell me how much BTC will be worth 1 pizza? UPDATE 24/01/2018:Everyone is amazed of why I called it useless, well, recently Stripe dropped support for Bitcoin payments. This is the prove of Bitcoin being useless. Stripe was not the only one in recent months to do so. It should ring a bell. UPDATE 23/01/2018:useless, guys the fact that some of you become reach and wealthy does not make Bitcoin useful. You wealth does not come from values that are used in propaganda. 1. Why I am still here? I believe there are technologies that are better maintained and lead than BTC, I prefer put money in something that bring value, has use-case and been used. 2. LN is panacea! Well not, so far its more dream than reality, no doubt it will be delivered in one or other way, but it will not solve all problems and so far it has more questions than answers. |
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If you went all-in at $15k+ It is very hard to stay calm.
If you can endure the pain like who did in 2013 after GoX, I am sure you'll be laughing when btc hits $100k
I am amazed with number of people being fooled with BTC: 1. Transactions takes hours 2. Fees are high 3. Development team sucks, uncapable solve scalability issues for years Such crap will never be used in payments. Its funny to observe how uneducated shill trying to make casual office landline phone to look smart phone. BTC is scam of the century, stay away. |
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I am amazed with number of people being fooled with BTC and ETH:
1. Transactions takes hours
2. Fees are high
3. Development team sucks, uncapable solve scalability issues for years
Such crap will never be used in payments.
XRP and Ripple solved that, they have it and work towards making it internet of value.
Its funny to observe how uneducatef shill trying to make casual office landl8ne phone to look smart phone.
BTC is scam od the century.
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^ because that shit is so 2012
Time to grow up and stop hating, dont you have some rant to do over there with roger ?
No one of those so called "facts" why it should be a scam is legit.
Dont listen to false prophets and fudsters.
Do me a favor, post to this sheep poo a link to decentralization stratrgy. Though do not bother, the guy with Roger Ver avatar screams about its menral unsoundness. He just put me into ignore. |
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4. Look at Komodo, Wave, Ark other competitor, 90% of them crossed 500mil capacity, most even 1B
You noob. That means Block is undervalued relative to the competition and is due for a sharp upwards correction. Btw Komodo relies upon trusted watch only addresses. Wave isn't decentralised and uses a colored coin approach. I won't go into Ark's shortcoming's as I own some but it does have them. Cheap compared to competition and more decentralised. Remember this coin hung around 20 cents for approx 2 years before it increased 2000%. Not a bad year for Block at all. And it stemmed for being undervalued for so long. Don't believe me? Wait a couple of months and report back. What on earth is a "trusted watch only addresses". If it's a watch only address how can it be trusted? Also the watch only address was a bug that was fixed a while back.  I only stumbled on this thread again because I clicked on it by mistake, but this made me laugh. Waves is fully decentralised and I'm pretty sure it's worth swinging by the Komodo thread and getting that from the horse's mouth too because this guy is not well informed. I would advise asking David Zimbeck who understands these things at a deep level to explain the difference between the 3. Waves does not provide atomic swaps komodo and blocknet do I believe but they may use different methods to do so. So for me it is out of komodo or blocknet for a an atomic swap DEX. I believe both can succeed and are very worth while but at the current pricing I am still accumulating more block than komodos. Although both to me are still way under priced. Even waves is under priced compared to some big fake cap shits above it. Shall see what 30th Jan, 1st Feb will give us. Nice to see BLOCK on upbit, but morr should be done. |
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1 year latter, world still needs XRP!
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And why are you posting Blockstream/Lightning FUD in the Bcash (LOL) thread? Bcash (LOL) doesn't even have Lightning because it still hasn't fixed transaction malleability.
Is your motivation just sour grapes?
Prob because for weeks i have been asking segwetters about a thread dedicated to segwit/lightning on bitcointalk. I cant find any big active thread , with a regular large community or core devs teaching anyone here, The segwetters should be trying to help people adopt this wonderful stuff they claim will work and people will use. The way segwetters speak , you would expect a thriving community, lots of users,lots of views and replies... where is it m8? Instead segwetters just spend their time coming here,talk trash and try and tell bitcoin cashers about segwet and lightning developments.   (kinda like what you just did) LOL   Eventually some thing like Veritcoin or Light Coin is going to implement it first for Pump & Dump demo, than several years of dicussion in BTC community and some shit conference "agreement" between 90 players to show "who is the boss" |
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I read about Bitcoin Lightning Network and i need some clarifications..
I understand that it will kill the high fees we see today and make it cheap and fast like altcoins.
1. Is it going to be 100% sure or just speculations ?
2. Launching date ? weeks/ months/ years ?
3. is it work on a third party service or it will work on and from every wallet (blockchain.innfo , exodus, electrum etc ? )
1. Its in alpha, so another 2-5 years and hell knowa what will come along it just so speculative right now 2. Years, for BTC decades 3. There is believes it brimgs centralization to BTC, google |
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I read about Bitcoin Lightning Network and i need some clarifications..
I understand that it will kill the high fees we see today and make it cheap and fast like altcoins.
1. Is it going to be 100% sure or just speculations ?
2. Launching date ? weeks/ months/ years ?
3. is it work on a third party service or it will work on and from every wallet (blockchain.innfo , exodus, electrum etc ? )
1. It'll be available. That's 100%. 2. There isn't an official launch date since there are various dev groups working on different implementations of LN. I can tell they are about to release it. 3. Adoption depends on you and me. If you start using segwit and prefer segwit ready companies with your transactions, the other companies which don't use segwit/LN will have to implement those protocols or else they'll go out of business. Since LN creates an almost zero fee network, it just makes more sense to use it over the onchain transactions. Especially if you are transferring small amounts, buying coffee etc. Companies can't ignore these developments. If they do, send them to the trash basket. We made them big its not the other way around. Bitcoin cash will do it before Bitcoin, because latter will require another 10 years to make it. Good centralised solution anyway. |
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Do you see a future to this ? With the airdrop giving free bsd to everyone, people will always constantly sell their BSDs and it will never go up
Even if they don't believe in the project it is just dumb to sell coins from $1.5-2. Airdrop gives 10 BSD every week, it is around $15-20. I don't know if people really need that $20 or they are just stupid. I haven't sold a single bsd till know since I joined the airdrop It is getting big slowly. Also I somehow feel good when i see myself on the rich list at 1100+. If people keep dumping I might move upwards. More to add, This coin's market cap is already tiny. There are far more dead coins in the top100 crypto list. I think there is much more room to grow. nice move you should get the masternode while you at it , than you will be make , does anyone know how many nodes we have now? Well, let's just say $40k to run a master node is a bit too expensive for me. Poor looser |
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You can't even put "banks" and "decentralization" in the same sentence. You should be a moron to do that.
You did that! Moron  WARNING!!!mindrust account is hacked, do not trust it. For any Ripple itentional misleading information leave him negative trust. I just did. |
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