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Author Topic: We will be at 600+ again after all the FUD is cleared  (Read 1555 times)
Amph
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February 01, 2016, 11:23:36 AM
Last edit: February 01, 2016, 12:35:40 PM by Amph
 #21

same thing happened for the 300 wall, we needed to wait all the fud were gone to actually break through that point

now it's the time for the 500 mark and then 700, after that 1200 will be not much of a dream anymore

Y'all talking about core devs fixing things...
You realize they have been 'solving' these issues for like 4 years right...? What changed this time? Oh wait nothing changed, we will still be having this same discussion 2 years from now when the price is 10-30 and Y'all be saying devs are almost ready to roll out the solution.

Until I see some actual improvements I remain skeptical.

IF solutions are implemented, bitcoin can be really great.

segwit is scheduled for this year on april, they didn't solve the 2mb issue before because it was pointless block were not full in 2013 for example...
1Referee
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February 01, 2016, 11:29:25 AM
 #22

Y'all talking about core devs fixing things...
You realize they have been 'solving' these issues for like 4 years right...? What changed this time? Oh wait nothing changed, we will still be having this same discussion 2 years from now when the price is 10-30 and Y'all be saying devs are almost ready to roll out the solution.

Until I see some actual improvements I remain skeptical.

IF solutions are implemented, bitcoin can be really great.

Well the devs admit themselves they suck at communicating
Stuff does go on behind the scenes on their github discussions and website but not everyone really bothers to look there for stuff.
Until the implementation is done I'm with you skeptical but getting hopeful that we are boiling down to the essence of what needs to be done and implemented.

If they openly admit that they suck at communicating with the outside world, then they shouldn't talk at all in public. I want them to come up with a solution that suits us all instead of keeping talking about stuff we already know. People have been waiting long enough, isn't it?
Slunt
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February 01, 2016, 11:35:01 AM
 #23

This is what makes me lose faith in bitcoin. People are too fickle and will just start selling their coins as soon as they get a whiff of bad news and of course this has a knock on effect and sends everyone pannicking. The only thing I can see pushing the price up the other way is the block halving later this year. Hope I'm not dissapointed but if the value is still fairly low by the start of next year I can't see it rising anytime soon after.
xDan
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February 01, 2016, 12:18:21 PM
 #24

Y'all talking about core devs fixing things...
You realize they have been 'solving' these issues for like 4 years right...? What changed this time? Oh wait nothing changed, we will still be having this same discussion 2 years from now when the price is 10-30 and Y'all be saying devs are almost ready to roll out the solution.

Until I see some actual improvements I remain skeptical.

IF solutions are implemented, bitcoin can be really great.

QFT.

once a year even the trolls are correct Wink

segwit is scheduled for this year on april, they didn't solved the 2mb issue before because it was pointless block were not full in 2013 for example...

If they had a solution, they would have deployed it; waiting until the problem occurs is terrible for confidence. They didn't "solve" it because they believe in fee markets, limited block sizes, and going off-chain (which they are still working on and probably still won't be functional for a year or so, if such new and unproven technology even works at all).

In the meantime... Stagnation...

HODLing for the longest time. Skippin fast right around the moon. On a rocketship straight to mars.
Up, up and away with my beautiful, my beautiful Bitcoin~
randy8777
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February 01, 2016, 01:22:07 PM
 #25

This is what makes me lose faith in bitcoin. People are too fickle and will just start selling their coins as soon as they get a whiff of bad news and of course this has a knock on effect and sends everyone pannicking. The only thing I can see pushing the price up the other way is the block halving later this year. Hope I'm not dissapointed but if the value is still fairly low by the start of next year I can't see it rising anytime soon after.

well, i'm not losing faith at all. it's just a temporary thing that will slowly fade away when people calm down. i just focus on the good things and keep holding as always.
gentlemand
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February 01, 2016, 02:18:04 PM
 #26

This is what makes me lose faith in bitcoin. People are too fickle and will just start selling their coins as soon as they get a whiff of bad news and of course this has a knock on effect and sends everyone pannicking.

It's always been this way and until it has widespread utility that insulates it to an extent it always will be. Most people involved aren't hardened investors and are prone to running around in little circles squealing at the slightest provocation.
Ya-ing
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February 01, 2016, 02:23:40 PM
 #27

You are right. Now, problem is when would the FUD clear?

g-unit
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February 01, 2016, 02:51:21 PM
 #28

There will always be FUD...just more at certain times than others. Look at the stock market...everyone panicked when it finally started correcting just recently. After having been involved in BTC for over 2 years now, this is laughable. The average joe has no idea what volatility really is.

There is going to be plenty of FUD and volatility until we get much higher rates of adoption and maturity. A billionaire could step in and pump this thing to 5000 a coin easy and then sell.

This is why I recommend either be willing to hold long term, or be a very skilled day trader.

The block size issue is actually good. It would be a non-issue if adoption wasn't occurring.
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