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shit just hit the fan for bitcoin
about bleutrade: you can get money in but you can't get fiatmoney out
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Don't be frighted by UNO's price as measured in a deflating Bitcoin currency.
The price of UNO is not so high in USD terms.
It's a still a buy for new money (USD>BTC>UNO).
Imho.
price isn't high at all. Retracement is still very much in the trend. Buy the dip.  |
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@prominer
brilliant idea!
Premium for fresh minted coins! This is the best idea i have heard in a while!
we just hit 0.0096 on cryptsy btw
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i think this is accurate now.
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Bitcoin won't be very profitable for miners soon. All that hardware has to go somewhere ...
look at the forking-discussion. Bitcoin blockchain is how big now? And they want it bigger? And hardfork so they can make it bigger? They are out of control.
Uno is not even 400 MB chain now. If we do a good job in avoiding micropayment apps (leave this to other coins) the chain can remain very slim for a long time.
@FK
Expecting bitcoin to dump any second 30% or more and not even do a dead cat. Look at litecoin. Bitcoin will not break out of the downwardstrend. Auxpow with bitcoin doesn't make sense the moment it fails and gravitates to zero.
The liquidity in the btc-market can be gone just like that in a day. Then mining stops. You likely don't want to fork uno to merge mine it with a dead coin. Let's care for price more in the upcoming days and see what happens with btc and ltc before going on with discussing. Changes can happen fast in crypto.
Personal estimate: Uno right now is in much better shape than bitcoin
Look at the charts. It doesn't look good for ltc and btc.
Bitcoin wants to hardfork in the middle of this mess it is already in. So i think if they decide to hardfork bitcoin will be history.
Uno hash and price is rising. Let's see where we are end of the month.
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sidechains are the next stupid megalomaniac idea which endanger its useability for its main purpose by introducing more complexity. Has it even been tested in the wild on an altcoin?
This is such a megalomaniac fail-parade, unbelievable.
Bitcoiners are some serious nutcases.
You're aiming too high all the time. Bitcoin as the only coin and alts as scam-only to support bitcoins #1 position is going to backfire royally.
Bitcoin with its idea to be unaccompanied world #1 coin forever is nothing that's possible. The idea alone warrants to see a doctor for mental examination.
Right now bitcoin stifles innovation and endangers all of crypto to fail with the way it behaves. You got some serious homework on diversity and innovation outside of the btc blockchain to do.
#justsayin'
It's pretty much screwed from the beginning with this longterm high inflation. Bitcoin meets the same fate as most shitcoins: looses 99% of value - but not because it wouldn't be possible to have a coin that can maintain value but because satoshi designed it inflationary and inflation never was a good thing. It's just a destuctive force on the market, nothing else. Observe the scarce coins. They found their bottom after the bubble mid last year while bitcoin has no bottom apparently.
I think i'm not the only one exteremely unhappy and annoyed with this arrogant bitcoin-folks, the know-it-alls on the quest for worlddomination on first try while it's actually falling like a rock right in front of you. There's some serious imbalance between peoples perception, wishes, dreams and reality. This whole fork and sidechains-discussion just shows how detached everyone is from reality.
I'm not managing to filter a coherent "position" out of your posts.... "It's all broken anyway, it's failing, please don't fix it, I hate it, but I don't want it to change, I want money that's useful everywhere but I don't want universal money..." Fix your inflation problem first is my point. And stop acting as if bitcoin would be a sure thing to take over the world. And then there's enough real value alts can provide which is denied too. So that's the point. Bitcoin stifles innovation and diversity while being unable to even survive itself. All your problems start with your high inflation and long halvings. The problems continue to pile up with your idea of bitcoin being the only true coin. You get caught in a lot of problems with this philosophy. So #1 problem: inflation #2 problem: philosophy of the whole thing you're discussing forks to bloat the chain to avoid a problem that did not even occure and likely never will. You lost touch with reality. Selloff after selloff after one year bearmarket. It collapses right in front of you but you idiots discuss a fork to bloat the chain because of a pseudo-problem which doesn't occure for many reasons - of which the main one is: it's collapsing edit: ... wait a second ... i totally forgot everyone is corrupt by the bags they hold and lost ability to think clear because of that. lmao. A circus of greed. Epic failtrain. (i'll shut up now and leave the discussion and watch you know-it-alls from a distance) |
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sidechains are the next stupid megalomaniac idea which endanger its useability for its main purpose by introducing more complexity. Has it even been tested in the wild on an altcoin?
This is such a megalomaniac fail-parade, unbelievable.
Bitcoiners are some serious nutcases.
You're aiming too high all the time. Bitcoin as the only coin and alts as scam-only to support bitcoins #1 position is going to backfire royally.
Bitcoin with its idea to be unaccompanied world #1 coin forever is nothing that's possible. The idea alone warrants to see a doctor for mental examination.
Right now bitcoin stifles innovation and endangers all of crypto to fail with the way it behaves. You got some serious homework on diversity and innovation outside of the btc blockchain to do.
#justsayin'
It's pretty much screwed from the beginning with this longterm high inflation. Bitcoin meets the same fate as most shitcoins: looses 99% of value - but not because it wouldn't be possible to have a coin that can maintain value but because satoshi designed it inflationary and inflation never was a good thing. It's just a destuctive force on the market, nothing else. Observe the scarce coins. They found their bottom after the bubble mid last year while bitcoin has no bottom apparently.
I think i'm not the only one exteremely unhappy and annoyed with this arrogant bitcoin-folks, the know-it-alls on the quest for worlddomination on first try while it's actually falling like a rock right in front of you. There's some serious imbalance between peoples perception, wishes, dreams and reality. This whole fork and sidechains-discussion just shows how detached everyone is from reality.
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hashrate is almost 100% up since we last discussed it. So maybe just buy uno and forget all that for a second Bitcoin is doing its last breaths. Uno will be a success and #1 coin for a long time. It's worth way more than this measily 2.50$  |
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by the end of the year bitcoin is an alt and another coin that's able to hold its value will take over as base-currency for trading other currencies against. Then you can play on lower cap with it again until you sorted it all out correctly and can relaunch it few years later.
The scalability-issue will never occure in real life.
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It would be like saying that we should just have used separate internets because the first one couldn't scale.
this sentence doesn't make any sense to me Let me explain it this way. Bitcoin is nothing more than numbers in computers. From an economic perspective these numbers need to be scarce otherwise their value will ultimately goes to zero and be useless for trade and being used as money. If your solution is to insert an infinite amount of altcoins in the economic network. The number used to represent good and services are not scarce anymore driving their value to zero and ultimately removing the economic incentive to use them. i disagree here. Supply and demand make the price of a coin. Bitcoin isn't scarce enough right now because of this insanely long phase of high inflation (8% to 10% this year). This inflation bleeds out your marketcap. So that's the number one thing to be noticed: bitcoin is right now not scarce at all with 3600 new coins every day dumped on the market #2 thing is: in an industry of competing alts scarcity will become mandatory - and i mean 'scarcity' ... not like 10% to 30% inflation years into adoption. Coins will be valued according to demand and supply (of course). As long as they are scarce and useful nothing goes to zero, why should it? I don't see what you're actually fearing because bitcoin right now is useless as money because of the megalomania which says it needs to be inflationary which turns out to be constant oversupply and loss in cap and declining interest from the public. This bitcoincommunities entire logic and idea is totally strange and actually wrong logic. 10 alts can coexists literally forever if they 1) traget different groups of consumers 2) are useful for different things 3)can each secure a demand for them 4) they are reasonably scarce (low inflation) to support their value and reduce their volatility Bitcoins volatilty is a pain and is caused mainly by the high inflation. That inflation you got there kills it right in front of you but you seem to be all high on something so you actually don't even see that. Scalability isn't even a topic for a coin that's unable to maintain a value like bitcoin. |
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It would be like saying that we should just have used separate internets because the first one couldn't scale.
this sentence doesn't make any sense to me Metaphorical comparisons do not hold any argumentative value ever. Complete bogus. The problem doesn't occure because it's selfregulating. Again: Overload on btc chain leads to slower transactions or higher fees. People use litecoin then and in case it's needed they use a third coin too which is likely more advanced in that regard and deals with that problem from the beginning. So all this discussion is actually unnecessary aswell as your forks and bloats. |
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I do believe there must be numerous other ways to achive scalability. How many brains have been working on the problem so far?
What are the options?
You are making an ass out of yourself if you say there is only one option because there is always more options.
I don't even see scalability as a pressing issue. With this rapid pricedecline who should care?
Then you have alts. The industry is actually selfregulating.
Bitcoin blocks full, higher fees? Ok, people go over and use doge or another coin then. Et voila: everyone can transact again. The scalability-problem is a pseudo-problem. It does not occure in real life because people just go to the next chain once bitcoin is overloaded.
Your problem is your megalomania - and that megalomania will be your point of fail.
Scalability is a problem which is non-existant thanks to altcoins.
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Exactly what is the problem here?
We have forked in the past too. Whoever stands between progress in Bitcoin should be ignored. I honestly hope that we run into an issue that will force us into a fork for all these people who oppose it.
Who exactly is MPEx, I've missed that one?
not against progress at all. I'm against forking in favour of a bloat - bloating the chain is no progress. Scalability should be possible to achieve in other ways. I refuse liteversion - i want to be able to store the chain on my system with 100gb max space in the forseeable future. What you do is enforcing centralisation and incapacitate the user. Has there been a money-price set up for the person providing the most smart solution or is bitcoin only one dev and decisionmaker and that's it? You make the impression as if you had a decent notch too much marketcap and believe me, this bearmarket will continue throughout the year because bitcoin has a host of problems with the rewards and the sellpressure they put on the market. Your focus is on the wrong things and your priorities are out of whack. Bitcoin is some megalomaniac shitcoin. You can't even hold your value, what do you care about scalability? Nobody wants to use a coin which can't hold the value anyways. Fortunately we don't have to use it. |
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@balu2 You're crazy! But in the good way. Aim for the stars and land on the moon. (or something like that) How about in less than 700 days UNO passes BTC in price/unit? "... Today Gavin posted on his personal blog an article titled "Looking before the Scaling Up Leap", stating "My goal is to prove that it is safe to raise the maximum block size from 1MB to at least 20MB" along with "I'll argue we should schedule a hard fork." Reddit soon blindly praised Gavin for his work, with comments such as "Fork it hard." It appears as if Gavin will not give up unless his hard fork is a reality, and thus Mircea Popescu has made a declaration of war if Gavin proceeds with his plans. ... http://trilema.com/2015/if-you-go-on-a-bitcoin-fork-irrespective-which-scammer-proposes-it-you-will-lose-your-bitcoins/" Get the popcorn, the show is about to start. no, i'm certain. Bitcoin is done and there will be a void to fill. These 2.0 currencies can't do it, uno can. I'm hodling like a boss. |
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Forking in favour for a blockchainbloat sounds good to me, will help it to die faster. I learned to hate it anyways and it's rapidly decaying thanks to idiotic economc planning of coinsemission. I'm pretty much done with it. Please hurry up, our time is valuable.
I'll be holding no bitcoin at the time of the fork and possibly not even rebuying ever, since i want to store the chain on my computer and you can stick your liteversion up the anus.
You'll notice a black swan when you see him. Can't be long now.
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forking bitcoin https://bitcointalk.org/index.php?topic=919629.0another reason for uno with very slim blockchain. After the fork btc chain will very soon be too big to store for the normal user - that means for me i will not be using it anymore because i want no slim versions for me - especially not since bitcoin is decaying rapidly. I'll sell all my coins before the fork in bitcoin. Uno beats bitcoin in every aspect. forking bitcoin likely causes tourbulences in the market if that's no understatement. Lots more people should come to uno for a lot of reasons. I do believe uno will have surpassed bitcoin in marketcap within 700 days maximum. (call me crazy - but quote me on it later) |
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powerfull comment on the thread BN  |
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is der Boden drin?
Ja, der Boden war drin. Gutes Gespühr! Das Cryptsy-wallet, was hier zuvor bemängelt wurde ist jetzt dann offiziell angestochen. Wird jetzt grade trocken gelegt. |
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