Bitcoin is the most expensive vaporware in the history of software industry

[lizardbtc]

Lightning network goes against the decentralized philosophy of cryptocoins, that's why it will fail. Another cryptocoin that's not as flawed at its core will take over, that makes much more sense than some centralized patching system like lightning network: https://medium.com/@curt0/lightning-network-will-likely-fail-due-to-several-possible-reasons-336c6c47f049

Let's see how one operates before condemning it, no? I personally don't have the slightest clue how it's all going to work. I'll wait to see one in real life before deciding.

Go try Ripple (if you dare), they have "lightning network" called "payment channel". I used Ripple in 2013 and it's terrible and I won't use it ever again. Maybe it would be a good introduction how hard would it be to live in a centralized crypto. Problem with centralized is that you are not free, you must obey by their rules, for example bitcoin exchange website can freeze your account, block you until you get verified etc, same could happen in the centralized crypto world.

There will be other crypto-currency solutions, I didn't say that crypto-currency is dead, bitcoin is dead because technically it's heading in the wrong direction. Blockchain is the only true solution, avoid everything offchained and centralized.

I expect that the future of crypto-currency world would be in concurrent blockchains, find one that is cheapest, fastest, most secure etc, blockchain usability would dictate blockchain's crypto-currency value.

You can always try to make another fork or another altcoin if you believe that theres something else that can be done. Or you can just simply go and support Bitcoin Cash as I believe it is one of the most recognizable fork out there that could take up bitcoins place I don't say that it will but it might; or support some other fork. It depends on how all plays out. You could go and support other projects if you don't like bitcoin.

LN will bring centralization, but with centralization it will bring a lot of new features as well. SO far there is no perfect crypto out there that supports all needs.

Thing is I can't change much, nor you can. We know what are the plans for development of "main devs" of bitcoin who control its development. As software is open source we all can go and change what we don't like - sadly I don't like to start alone on new coin its easier for me to look for existing one because it will take a lot of work to get your coin to be heard out.

[AmazonStuff]

It looks to me like our OP is one of those people lured by the promises of fast and easy money. "listen dude you buy bitcoin and a month later you sell with 2x profit! I've seen a program of those young millionaires one dude has 3 million USD at the age of 20!" and now it's like
-mom, dad , I lost some of your money, they were all saying it's going to be going up, they promised me!
-where did they promise you?
-on the forum! They were saying "to the moon" and so I went!

Back to reality OP, if you don't understand something don't follow the crowd. It usually doesn't end good.

Your assumption is completely wrong. As you can see I'm here since 2012, bought first coins at $6, earned more than you can think, I don't use BTC anymore for trading, I don't use exchanges, I only use BTC for transfers. Only reason why I'm pissed off is because I built a business around BTC and I can't use the protocol anymore because of transfer fees.

It's not possible to use BTC for business anymore, try to sell/buy goods or services for BTC, transfer fees will eat sellers profit or you will have price too high compared to the price of people who are selling something for USD. On the other hand, buyers of goods or services would pay too much for the product.

Bitcoin without business people and without final customers will die, because no real value is added, no products or services are offered, it would become obscure virtual virtual virtual crypto-currency which you can't spend anywhere. Why would anyone use BTC if USD/BTC---->BTC/USD route is more expensive compared to to USD---->USD route?

[darkangel11]

Your assumption is completely wrong. As you can see I'm here since 2012, bought first coins at $6, earned more than you can think, I don't use BTC anymore for trading, I don't use exchanges, I only use BTC for transfers. Only reason why I'm pissed off is because I built a business around BTC and I can't use the protocol anymore because of transfer fees.

So, at the moment when people are choosing other coins like LTC to transfer money fast and cheap between the exchanges and then rebuy their BTC you're still using it for transfers? Bitcoin is great for holding, trading, but expensive to transfer and you have built your business around transfering money with BTC. Haha good one, I can already see why you're quote:

OP is butt hurt

Worry not, with lightning network you should be able to get back on your horse in 6 months.

It's not possible to use BTC for business anymore, try to sell/buy goods or services for BTC, transfer fees will eat sellers profit or you will have price too high compared to the price of people who are selling something for USD. On the other hand, buyers of goods or services would pay too much for the product.

Bitcoin without business people and without final customers will die, because no real value is added, no products or services are offered, it would become obscure virtual virtual virtual crypto-currency which you can't spend anywhere. Why would anyone use BTC if USD/BTC---->BTC/USD route is more expensive compared to to USD---->USD route?

You claim to be around for a long time and having earned a lot of money but you still haven't learned that BTC is not what you should be using to buy a coffee or pay for parking. It has other functions as well and with fees of 2-3 USD it wasn't being used for microtransactions for over a year.