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Author Topic: I feel pity for bitcoin  (Read 3584 times)
arbitrage
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January 20, 2016, 10:42:17 AM
 #21

I'm not scared at all just lm cautious just in case to catch train if he go down.
But nothing at all cant changes my good opinion about bitcoin !
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mrcashking
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January 20, 2016, 10:49:40 AM
 #22

This is something that can never be stopped,consensuses is not reality .Humans always tend to find ways to make themselves superior or to defeat the other one.This is working like an altcoin now ,start something then dump and then leave simply,i could be wrong and there might be more people into bitcoin this year.Let's stay Positive.
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January 20, 2016, 11:03:58 AM
 #23

Any real legendary account holder would be far more knowlegable

this is nonsense, their is an ongoing block size debate and it

is not a real problem atm because the blocks arnt filling up

and if they where consistantly miners would just start a new github

project copy n paste then increase the blocksize and

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newcoins1978
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January 20, 2016, 11:09:57 AM
 #24

I understand your concern but I think everyone just got scared
just because Mike decided to leave bitcoin behind.
Just because someone does it and says something like bitcoin being dead,
doesn't mean that it's true, it's only 1 individual who feels that way.
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January 20, 2016, 12:35:11 PM
 #25

Nothing will be changed just a little dump..
Time to buy more and after halving of block we will see what will happen!
Just ignore all those trolls with money ready to buy your unwanted BTCs.

You can rent this space
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January 20, 2016, 01:51:58 PM
 #26

Just because 1 developer gave up on bitcoin, doesn't mean that you should. If your neighbor doesn't believe in bitcoin anymore, is that going to stop you?
It's only 1 person that has so much effect on the bitcoin market, I don't think it should change the way you think about bitcoin.
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January 20, 2016, 02:00:28 PM
 #27

Branches are sometimes not bad, it is another aspect of the rapid development of bitcoin

Although there are many problems, but I believe that these problems will eventually be resolved Smiley

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January 20, 2016, 04:19:40 PM
 #28

In any case Bitcoin is Number One Crypto, and with worldwide reach. Look how large is BTC mining farms in China  Grin May be market growing is not so fast, but all good things can not happen in one day.  Grin
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January 20, 2016, 04:27:22 PM
 #29

I can totally relate to this post and I believe the issues of the block size will be fixed.Magic happens.Even though Satoshi Nakamoto is out assumed to be out of the scene ,no one knows what he is really upto.It's obvious he won't let his creation die so easily.A genius will come up the solution and hopefully bitcoin will live long forever!
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January 20, 2016, 04:38:12 PM
 #30

Mike Hearn has left and I fully understand him...

...because smart guys want action. Smart guys want results. Fast. Now!

well, those are not smart guys...those are impatient ones.
Einstein worked on general relativity almost non-stop for eight years and the result was a marvel of scientific achievement that is still very much relevant  now after 100 years (provides data for the accurate GPS satellite positioning) .
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January 20, 2016, 04:40:10 PM
 #31

basically we should pity is bitcoin prices. because bitcoin prices unbalanced make bitcoin is not used and has always been a joke for investors who do not use bitcoin


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January 20, 2016, 04:45:44 PM
 #32

I can totally relate to this post and I believe the issues of the block size will be fixed.Magic happens.Even though Satoshi Nakamoto is out assumed to be out of the scene ,no one knows what he is really upto.It's obvious he won't let his creation die so easily.A genius will come up the solution and hopefully bitcoin will live long forever!

There is no genius required... You should either start a node and make a difference or ship out and follow the consensus decision that was made for you. All this talk about

block size increases just divide the community even further. We created this beast and now we must feed it.... You can either make sure you giving the right medicine and the

beast will survive or you rush the decision and you give it poison and it dies. Nobody knows for sure, if the beast is sick or if the remedy is medicine or poison.  Some testing is

still required.

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January 20, 2016, 05:27:04 PM
 #33

If bitcoin is hard-forked, my current coins are still going to be valuable, no matter which fork succeeds.
So I will just sit back and watch things evolve.  Smiley
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January 20, 2016, 05:49:08 PM
 #34

~
 Can you name another business where problems don't get solved, and people just bury their heads in the sand hoping the problem would disappear?
~

There are a lot of them. In fact all the businesses we can think of have their problems and some of them never solved but "the show must go on" as they say.

I don't like to make unfounded staments so here's the list of unsolved problems in physics for example:

https://en.wikipedia.org/wiki/List_of_unsolved_problems_in_physics

And there many other fields you know and all of them have their unsolved problems, but the life is going on nevertheless.

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jt byte
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January 20, 2016, 06:13:44 PM
 #35

basically we should pity is bitcoin prices. because bitcoin prices unbalanced make bitcoin is not used and has always been a joke for investors who do not use bitcoin

Just let them if they take it as a joke at least we can make money with it.
Bitcoin have always been not that balanced, but that is great about it because it can go up like at 1000 dollars or more.

This will be a great year guys in the beginning was not that great but we have still 11 month and a few days a head.
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January 20, 2016, 07:00:14 PM
 #36

Just because 1 developer gave up on bitcoin, doesn't mean that you should. If your neighbor doesn't believe in bitcoin anymore, is that going to stop you?
It's only 1 person that has so much effect on the bitcoin market, I don't think it should change the way you think about bitcoin.

Yes People do always come and go it does not mean that Bitcoins system is bad. Bitcoin's condition is changing daily. The thinking of only one person will not decide anything. There are many people who are in having full faith on bitcoin ecosystem and will definitely contribute to bitcoin's growth.


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January 20, 2016, 07:23:56 PM
 #37

Don't be so negative about current bitcoin situation. It is not tragic, or even remotely bad. We are just keeping status quo for now but that doesn't mean bitcoin couldn't evolve.
I admit that lack of consensus is problematic and can be the biggest threat to bitcoin in the end but there is hope that people (I am thinking mainly about Chinese miners here)
will pick improvement and progress over fast cash here and now.


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calkob
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January 20, 2016, 07:50:08 PM
 #38

I just wish people would learn how to write english properly, some of these threads become really hard to read...... Roll Eyes
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January 21, 2016, 12:11:10 AM
 #39

~
 Can you name another business where problems don't get solved, and people just bury their heads in the sand hoping the problem would disappear?
~

There are a lot of them. In fact all the businesses we can think of have their problems and some of them never solved but "the show must go on" as they say.

I don't like to make unfounded staments so here's the list of unsolved problems in physics for example:

https://en.wikipedia.org/wiki/List_of_unsolved_problems_in_physics

And there many other fields you know and all of them have their unsolved problems, but the life is going on nevertheless.

No! Problems are being solved in every business in the real world. The electric car wasn't working, but now we have some which can drive 300 miles. Lightning is getting more efficient with LEDs. We're having smartphones with more computing power than a mainframe computer of 20 years ago. Cars are getting safer and faster...

I created this topic as a reaction to Mike Hearn's departure, but I shall add that I'm a BTC entrepreneur. I have a BTC business waiting on my server (well, a small one, it would be managed in my spare time at first). My project has been sitting since last summer, but I'm not launching it because the market conditions aren't good. I'm ready to make it big, and I'm willing to put money into it, but BTC's future is just not secure enough at this time. I need to see where BTC's heading and I need to be sure that BTC can grow big without any hiccup.


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January 21, 2016, 12:18:15 AM
 #40

~
 Can you name another business where problems don't get solved, and people just bury their heads in the sand hoping the problem would disappear?
~

There are a lot of them. In fact all the businesses we can think of have their problems and some of them never solved but "the show must go on" as they say.

I don't like to make unfounded staments so here's the list of unsolved problems in physics for example:

https://en.wikipedia.org/wiki/List_of_unsolved_problems_in_physics

And there many other fields you know and all of them have their unsolved problems, but the life is going on nevertheless.

No! Problems are being solved in every business in the real world. The electric car wasn't working, but now we have some which can drive 300 miles. Lightning is getting more efficient with LEDs. We're having smartphones with more computing power than a mainframe computer of 20 years ago. Cars are getting safer and faster...

I created this topic as a reaction to Mike Hearn's departure, but I shall add that I'm a BTC entrepreneur. I have a BTC business waiting on my server (well, a small one, it would be managed in my spare time at first). My project has been sitting since last summer, but I'm not launching it because the market conditions aren't good. I'm ready to make it big, and I'm willing to put money into it, but BTC's future is just not secure enough at this time. I need to see where BTC's heading and I need to be sure that BTC can grow big without any hiccup.



I'm waiting for this too. I'll be happy to see Bitcoin settled into new block size.

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