Bitcoin Forum
July 23, 2018, 12:07:49 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Huge price increase , Side effects ?  (Read 358 times)
OmegaStarScream
Staff
Legendary
*
Online Online

Activity: 1358
Merit: 1089


Hire BOUNTYPORTALS>Bounty management goo.gl/XKv9TK


View Profile
November 04, 2015, 05:35:46 PM
 #1

Alright , straight to the subject that everyone is talking about "the price inrease" .
Do you think there will be side effects because of this huge price increase ? what's the worst case scenario that could happen just after this price increase period finish ?

1532347669
Hero Member
*
Offline Offline

Posts: 1532347669

View Profile Personal Message (Offline)

Ignore
1532347669
Reply with quote  #2

1532347669
Report to moderator
1532347669
Hero Member
*
Offline Offline

Posts: 1532347669

View Profile Personal Message (Offline)

Ignore
1532347669
Reply with quote  #2

1532347669
Report to moderator
1532347669
Hero Member
*
Offline Offline

Posts: 1532347669

View Profile Personal Message (Offline)

Ignore
1532347669
Reply with quote  #2

1532347669
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1532347669
Hero Member
*
Offline Offline

Posts: 1532347669

View Profile Personal Message (Offline)

Ignore
1532347669
Reply with quote  #2

1532347669
Report to moderator
zeroday
Donator
Hero Member
*
Offline Offline

Activity: 784
Merit: 1000


EU: Welcome to the world of financial slavery


View Profile
November 04, 2015, 05:53:15 PM
 #2

May be excessive drugs abuse ?


tiggytomb
Legendary
*
Offline Offline

Activity: 1708
Merit: 1000


Humbyl - Global & Creative Fantasy Sports Coin


View Profile
November 04, 2015, 05:57:41 PM
 #3

Worse case scenario, the internet shuts down and everything is lost and everyone will have to revert to using cold hard cash which nobody has as we all put it into bitcoin.

      █████▙▖          ▗▄█████████████████▄
     ▐██████         ▗▟█████████████████████▄
     ██████▌        ▟█████████████████████████
    ▐██████                           ▀███████▌
    ██████▌        ▐████▙▖            ▄███████
   ▐██████         ██████▌ ▄▄▄▄▄▄▄▄▄▄████████
   ██████████████████████ ▐████████████████▌
  ▐█████████████████████▌ █████████████████
  ██████▌        ▐██████ ▝▀▀▀▀▀▀▀▀▀████████▌
 ▐██████         ██████▌            ███████▌
 ██████▌        ▐██████           ▄████████
▐██████         ██████▌   ▗▄██████████████
██████▌        ▐██████ ▗▟██████████████▀
▀█████         ██████▌ ▟█████████████▀
              ▐██████
              █████████████████████████▄
              ▀█████████████████████████

.H U M B Y L.
.
.Global & Creative Fantasy Sports Coin.
.
Facebook
Twitter
Telegram
.
.
OmegaStarScream
Staff
Legendary
*
Online Online

Activity: 1358
Merit: 1089


Hire BOUNTYPORTALS>Bounty management goo.gl/XKv9TK


View Profile
November 04, 2015, 06:01:36 PM
 #4

Worse case scenario, the internet shuts down and everything is lost and everyone will have to revert to using cold hard cash which nobody has as we all put it into bitcoin.

I'm not speaking about worst case scenario that could happen and screw bitcoin up , I'm speaking about worst case scenario that could happen just after this price increase , if your answer stays the same then .. that's unlikely to happen

gentlemand
Legendary
*
Online Online

Activity: 1708
Merit: 1192


Hello You


View Profile
November 04, 2015, 06:03:24 PM
 #5

Block cloggage. The real type, not the spammy type. Lots of recent blocks have been full and people are reporting several hour waits for confirmations. That's really only an issue during the white heat of a proper surge at present but it does highlight it once more.

Also more money, more risk, more newbies, more panic. This cycle will continue until it's in shreds or ubiquitous.

Most people lurve the idea of short term gain and don't have the gumption for longer term vision. It could easily be dumped into oblivion again by a fresh crop of participants. If they've done a little bit of homework they'll look at the lengthy lull and be itching to be out before that happens again.

kwukduck
Legendary
*
Offline Offline

Activity: 1942
Merit: 1000


View Profile
November 04, 2015, 06:06:53 PM
 #6

Side effects? You see that dump going on right now? That's one...

Also the network already starts to stagnate. I've been waiting for 4 hours on one of my transactions now. As I've been warning before. Bitcoin is not ready for more adoption.

This will only scare people away from bitcoin because pumping it like this when it's not ready will only cause disaster in both the network and people's finances.

14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
ACAB
Hero Member
*****
Offline Offline

Activity: 642
Merit: 500


View Profile
November 04, 2015, 06:08:28 PM
 #7

Too much partying with blow & hookers. Overdose is the worst case scenario.
Other than that there's no side effect for price increase.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!