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1  Bitcoin / Bitcoin Discussion / Re: BTC is a peace of shit on: December 17, 2017, 10:24:09 PM
Why? Because there are so much more technologies that are safer, more reliable than BTC is or any other network of cryptocurrency. :]

More safer and reliable technologies than BTC? Can you give example for that and explain why? Because you sound rude on your topic sir. If you don't believe in bitcoin just be it and explain why.
Well, I am rude on BTC itself, not on any person who uses it for something. As I have mentioned, I have myself made lots of money out of it. But still, this does not mean that someone else will get rich in the same way as I did. I was just lucky, and that's it. So, I won't put my money in BTC again, because I don't believe it will reach 1M USD as someone thinks about.

However, the problems I am worried about are already mentioned by me in this topic. However, I will still list them out:
1. Wallet creation and sync takes too much time. In other words, if you want to participate in this network, you have to wait lots of time.
2. Encryption is not quantum-proof. This means that bitcoin has no way to protect itself against quantum attacks. However, there are already cryptographical principles which allow to do so, and they are mathematically proven as correct ones.
3. No regulation in law of any important country. I.e. let's take gold. Every country in the world tries to have more and more gold which shows that gold is at least a way to save your money from inflation. And BTC? No one serious recognizes it in law still. So, you can't know if BTC will be forbidden by US tomorrow or not. In other words, there are still too much unknown, and it is strange that so many people believe in BTC. Out of this belief, I was able to get rich a bit myself. For that I am very grateful. But also I am worried that these nice people will lose their money eventually. ANd lots of money.
2  Bitcoin / Bitcoin Discussion / Re: BTC is a peace of shit on: December 17, 2017, 09:58:16 PM
"BTC is a peace of shit"

as opposed to what?  A "war" of shit?  I am so confused.

He can't even spell it right and that's his first post on the forum.

My idea of how this day has started for our OP.
-Honey, did you hear that bitcoin is worth today 8 times more than it was last year?
-what? I knew i should have invested in it! F you bitcoiners! I'm going to pour my hate on you!
Are you a monkey or what? It looks like you are unable to think logically if you are saying this shit. :] What I am talking about, is that BTC network/protocol is bad, and eventually everyone of you will lose lots of money. However, in my case I have already won lots of money, since I have started when most of you didn't know about the BTC. Concretely, I have sold 200 BTC a couple of days ago. Is it small amount of mon ey? For some people maybe. But for me this is more than enough until my life ends, so... Cheesy

Quote from: Vannie12
Try to be more specific
What specificity are you missing about the whole protocol being a piece of shit, unsafe, and a way to lose all of your money? Cheesy

Quote from: Yakamoto
My time to sync is 8 hours...
Lucky you. But still, 8 hours is way way too much... Complete sync should take less than a second if it would be properly organized and architectured at the first place.
3  Bitcoin / Bitcoin Discussion / Re: BTC is a peace of shit on: December 17, 2017, 09:47:32 PM
Why? Because there are so much more technologies that are safer, more reliable than BTC is or any other network of cryptocurrency. :]
You can't just say Bitcoin is a piece of shit and post a liner and thing everyone will agree with you on this. At least give us the names of the so called technologies that are supposedly better and safer than bitcoins.
Maybe a BlockTree of BlockChain instead? :]

Quote from: TheGodson
Why does downloading a wallet have to be instant?
I was not talking about downloading it. I was talking about syncing with the whole network.

And this must be instant, because it would ensure maintainability of the network and it's protocol. Currently, you must have the whole blockchain to verify it's credibility/integrity relative to other nodes which is complete nonsense. Why should I care about billions of other blocks when I just want to open my wallet, and that's it? I just want this network to be able to allow me to give me relevant rules and ability to receive coins without the need to sync with network for lots of days/months/years depending on the speed of my intenert. Cheesy
4  Bitcoin / Bitcoin Discussion / Re: BTC is a peace of shit on: December 17, 2017, 09:33:17 PM
Ok, guys. Let's start with basics. I.e. let's empasize a fact where ABSOLUTELY every currency fails now. Smiley

Try to download BTC/ETH/SHITCOIN wallet. How much time will it take to sync with network? Eternity? Smiley

Well, this should happen instantly actually, but currently it does not. Why? Cheesy
5  Bitcoin / Bitcoin Discussion / BTC is a peace of shit on: December 17, 2017, 09:15:07 PM
Why? Because there are so much more technologies that are safer, more reliable than BTC is or any other network of cryptocurrency. :]
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