bitcoin is flexible and able to bend but it just not now, it have no reason and don't feel the threat for now. there is no reason for it to stand still and let the train hit it, would you do that to yourself?
No, because I'm a centralized decision taker. Bitcoin isn't. Bitcoin is a system based upon decentralized immutability. That's what it does: protect the initial protocol, whatever it is. now picture bitcoin as a centralized decision taker just like yourself, would you think it would stand still and let the train hit it? bitcoin foundation are bitcoin centralized decision taker. bitcoin itself is not centralized decision taker. |
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The more the war is going on, the more people will lose faith, the more chances for bitcoin to lose the battle to survive. Even if it mantains the crown, reputation of bitcoin as crypto king will be badly affected. People used to follow it blindly like a cult, but not anymore, this changes at a fast pace and they will think twice everytime.
But this is very good, because bitcoin's crown is hindering true competition and hence improvement in crypto. There is clunky old-tech bitcoin as king, and there are the plebs altcoins with better tech. Once a coin (say ETH) shows that bitcoin is not the king any more, the true competition in crypto will finally break lose. This will have a lot of consequences. If bitcoin manages to keep the status of ultimate crypto reserve currency, that's OK, and people will still continue to play greater fool games. If bitcoin crumbles, then the burning by greater fool games will be so intense, that crypto will get a totally different face. It will never be considered a "store of value" any more and the greater fool games will stop. Crypto as a whole will crumble to its real economic value (which is pretty small). It can be that we will get two or three revolutions before the greater fool game will be over, and that 2 or 3 palace revolutions will replace the current king with the new king... until one realizes that a king always ends up falling on its face. I don't know what direction it will take. bitcoin is flexible and able to bend but it just not now, it have no reason and don't feel the threat for now. there is no reason for it to stand still and let the train hit it, would you do that to yourself? |
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The more the war is going on, the more people will lose faith, the more chances for bitcoin to lose the battle to survive. Even if it mantains the crown, reputation of bitcoin as crypto king will be badly affected. People used to follow it blindly like a cult, but not anymore, this changes at a fast pace and they will think twice everytime.
Not upgrading to keep up with the world is not immutability, period. It's just an excuse. Hardforks happen in crypto space monthly without breaking the immutability. Poor excuse for idiots.
more dramas more people will want to know about it and will stick to it like glue. read the title of my post again and again then you might get something out of it. |
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99% of those Altcoins I can't touch, I look at some people gambling their Bitcoin for these shitcoins, only selected few of these coins will eventualy succeed because most of them are just experimenting ideas even some ICOs that collected huge millions will suffer this fate.
The delay is certainly helping the market and I expect this to continue for some time.
talking about experimenting, it is seem that bitcoin is using these altcoins as experiment without them knowing it.  |
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the name for most of these altcoins sound plan stupid, sometime it would make you wondered if they're being serious or just being a joker jerk to come up with it.
i don't see any of the big altcoins going to last more than 20 or even 10 years of not being going centralized. bitcoin slowly sipping 1 cup of water each day while these little punch sipping 100 gallons of water each day.
it's seem bitcoin game play is do nothing and let these little punch choke itself to death.
it's funny someone would bring a grass hopper to fight with a rooster and people would bet on a grass hopper to win.
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everyone should thanks bitcoin right now for it delay and stay still, i personally think this is being done on purpose.
chance when bitcoin feel the threat they will doing something and when they do then these altcoins wanting to compete would have no chance, it would be massive bloodbath for them.
you wouldn't never want bitcoin to be a one stop shopping center coin and soon it will be if feel the threat, bitcoin capable of this.
these little kids also need to know none of the altcoins will be adopting by the mass, period, never now and never will be.
now stop being stupid and want to compete with bitcoin because bitcoin created you and it can also destroying you. invest accordingly and shut up, you sound stupid already.
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what is a ETH Is Touching Cloth Of $100 mean?
it means "I am hodling some bags of ETH and I want it to be pumped more so I put a lie in my topic subject so maybe I can contribute to the hyped up pump and dump my coins at a higher price to make more profit" price is 0.044 BTC or in other words about $49-$50 which means saying "Is touching $100" is a big fat lie. it is touching $51 at best. and a 2x rise is not something that you can achieve "after the pump" and ETH has been pumped recently and it needs to be dumped right now to burst the bubble. OH! i see. thanks for your explanation. i though this crypto ETH want to touching some king cloth. i was wondered what he's smoking and it must of been pretty good, crypto wearing king cloth. |
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what is a ETH Is Touching Cloth Of $100 mean?
It's on it's way to becoming the defacto crypto king. oh, i see. it need to wear some kind of king cloth of $100? |
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what is a ETH Is Touching Cloth Of $100 mean?
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when it comes to altcoins and investing in them for the HOPE of profit i only have one rule:
"if i can get in before the rise, then i will make sure to invest and enjoy the profit from that pump. but if i miss the bottom to buy, i am never going to risk my valuable bitcoins to join in during the pump because the price i buy at may very well be the top.
and even if price keeps going up i am still happy because i have made a logical decision based on how much stupid risk i am willing to take.
it's better safe than sorry, this is actually the best method. |
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it seem these whales are competing each others for higher marketcap with their favorited coin. small fish are winner in this game, for now.
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"it's currently limited to users in the United States" Fuck there goes my sudden idea to accept G-bucks  i think most third world countries does not have visa or mastercard. also google have no business or connection in most poor countries, basically google not doing business there, this is where crypto come in. |
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only bc of whales?  too shortsighted there is no shortsighted about it to me only poloniex would know the story and can explain about these altcoins pump, there is no expert in the world would know the reason behind all the altcoins pump. poloniex have the records, check who start it first |
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My opinion is that this is a group of well connected whales, realy large ones, that are pumping so much different coins.
I have never seen anything like this happen before, we all know how pumps&dumps work, but with this many coins? This has to be the first.
yes, people also need to know all these originated from exchange poloniex |
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 there is nothing we can do about it, when whale decided to pump then they're going to pump, just hope we're already on the boat and jumping off at the right moment before the boat sink. there are ton of these useless crap coins which are worth billions and hundred of millions, we can't stop it to rise and there is no point to stop it. it's their money. after many years here on bitcointalk, this is what i have learned, just start throwing your shit(btc) everywhere and hope someday one of it would hit the fans. Can you explain to me why Ethereum price is rising? ethereium rise because of whales and poloniex, there is nothing that can explain about whales decision another factor of etherium rising is miners enjoy about it so much some would buy more into it and hold. when people enjoy mining like ethereum, zcash or monero it would be hard for them to quite. Then when whales will decide to dump and sell all the ETH coins? the next whale would take another whale place so many whales with so much money in this world |
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there is nothing we can do about it, when whale decided to pump then they're going to pump, just hope we're already on the boat and jumping off at the right moment before the boat sink. there are ton of these useless crap coins which are worth billions and hundred of millions, we can't stop it to rise and there is no point to stop it. it's their money. after many years here on bitcointalk, this is what i have learned, just start throwing your shit(btc) everywhere and hope someday one of it would hit the fans. Can you explain to me why Ethereum price is rising? ethereium rise because of whales and poloniex, there is nothing that can explain about whales decision another factor of etherium rising is miners enjoy about it so much some would buy more into it and hold. when people enjoy mining like ethereum, zcash or monero it would be hard for them to quite. |
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Ethereum is much better than Bitcoin and Bitcoin devs are stupid. Ethereum will not crash, i promise. Just keep holding.
if no bitcoin then there wouldn't be etherieum to scam people arounds. |
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there is nothing we can do about it, when whale decided to pump then they're going to pump, just hope we're already on the boat and jumping off at the right moment before the boat sink. there are ton of these useless crap coins which are worth billions and hundred of millions, we can't stop it to rise and there is no point to stop it. it's their money. after many years here on bitcointalk, this is what i have learned, just start throwing your shit(btc) everywhere and hope someday one of it would hit the fans. |
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