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All i can say is this is turning into one giant clusterfuck exactly as i predicted well over a year ago...
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Who cares about its effect on the price? Only if you're interested in bitcoin to make profit in fiat i guess one woule care.
This should be if much greater concern to all of us that want bitcoin to actually work and bring something good to the world economy and financial freedom for the people.
I've been warning ahout this for well over a year now but people in large numbers seem to happily stick their heads in the sand and act as if there is no huge ass problem right in front of them.
I'll say it again, this will kill bitcoin within the year if it is not fixed. So far i got 2 people on board that are willing to work on a future proof scaleable Bitcoin but it would be even better if we got the entire community and specially main devs to actually solve this.
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Are you really all too ignorant about flawed fundamentals?
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Nope, already down $40 today... That's not up and up..
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WARNING: DO NOT INVEST IN OUTDATED TECHNOLOGY LIKE BITCOIN.
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Well there's your answer, plummeting real nicely....
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Probably a whole lot more of what we are seeing right now, dropping like a rock.
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Bitcoin dropping like a rock. Future proof and feature rich ETH is skyrocketing... What a complete surprise.
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so you just change the way you put your message into words? right? every single post of yours is about bitcoin being doomed. back when price was stable with little movements you said this directly by saying it is going to get dumped and reach $100 and now you say the same thing indirectly. all the while bitcoin is rising directly  So? Remember the tulip mania? Just because something is being hyped doesn't mean it's fundamentals are right or effective or even functional for its purpose. Realize bitcoin does not scale first and that there is no solution in sight, even though we've been promised it will be solved in time. Currently any solution would cause a hardfork bringing a whole shtload of drama and 'sides' with it. And that's only one of the big issues that just need to be addressed before bitcoin can really be a thing with a future. |
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... Does not exist.
Looking through the recent pump scam. Please all remember that the price does not matter, the systems fundamentals do. Anything else is just hype.
Let's consider for a moment that the network is slowly stagnating as blocks reach their maximum size. Bitcoin still does not scale.
We have been promised 'everything will be fixed in time', this 'time' has long passed.
The community has been taken over by scammers, many developers have ran away to more promising projects, development in general has halted, mining has become centralized by the Chinese.
IF we want bitcoin to survive in one form or the other, we have to work together and address all its problems.
I want to propose a fork to address all the big issues in bitcoin, mainly scaleability, anonymity, speed and security.
Please send me a PM if you are a skilled experienced programmer or cryptography expert, also we will need people to promote the new fork but let's work on the actual fork first.
Let's show everyone how bitcoin was supposed to be right from the start.
well many people told same things few years ago, that bitcoin is a scam, that bitcoin is another ponzi scheme and such, but bitcoin is alive to this day, and will be alive in future so i think that bitcoin will have very, very clear future : it's price will be large, more people will use it and of course more stores will accept it so people will like bitcoin even more than now Sure, except you're forgetting the network will stop working once blocks are full all the time. Nobody in his right mind want to use a fully NSA traceavle currency anyway. We have to improve on these points as many alts already have. |
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Brexit won't happen regardless of votes.
The importance of EU stability is just too important for the big players to let the public change their plans.
Anyone thinking brexit will or even could happen does not know history or even what the EU is about.
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... Does not exist.
Looking through the recent pump scam. Please all remember that the price does not matter, the systems fundamentals do. Anything else is just hype.
Let's consider for a moment that the network is slowly stagnating as blocks reach their maximum size. Bitcoin still does not scale.
We have been promised 'everything will be fixed in time', this 'time' has long passed.
The community has been taken over by scammers, many developers have ran away to more promising projects, development in general has halted, mining has become centralized by the Chinese.
IF we want bitcoin to survive in one form or the other, we have to work together and address all its problems.
I want to propose a fork to address all the big issues in bitcoin, mainly scaleability, anonymity, speed and security.
Please send me a PM if you are a skilled experienced programmer or cryptography expert, also we will need people to promote the new fork but let's work on the actual fork first.
Let's show everyone how bitcoin was supposed to be right from the start.
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You're all ignoring the huge btc stash getring auctioned for low value, you can be certain this will be dumped at the market shortly after the deal.
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As the Chinese are preparing to sell, it will trigger a chain reaction of panic selling.
The Australian auction will cause the initial massive dump and we could even drop under $200 if the market is as weak as i suspect it is.
There may still he a little profit to make here but be careful, these will be bloody streets soon.
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Stop it with all the bs already, there won't be any rise. Any increase that would happen has long been calculated into the current price.
The only thing we will see caused by this nonsense is disappointments on crazy expectations, causing panic selling.
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Nope. We will just slide back to around $420 and hang around there for a year more or so.
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Of course it's 'okay' they either destroy confiscated property or sell it, if it's money it will be used as funding directly.
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I agree, this whole halving hype will leave so many in the community burned...
We might see a crash never seen before and even stagnation of the entire network.
Sad it has come to this.
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Right now bitcoin is a very dangerous investment, it's at the top of a hype now. There's notging backing bitcoin, and i'm not talking about value backing with tangible assets, I'm talking about the community and developers ignoring fundamental problems with the system.
We can save bitcoin only if we want to offer ourselves and the world a solution and not think of our personal greed for a moment.
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