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CryingMidget
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February 20, 2016, 09:11:38 PM |
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Okay. From the comments we have more points. So far we have...
1. Blockchain size for storage and downloading;
2. Number of transactions causes impractical updating of the blockchain because of bandwidth limitations;
3. Impractical confirmation time without a fee;
4. Unreasonably long confirmation time even with a fee;
5, (more?).
1. I agree with that 2. Working on it, it'll get it ok  3. Fees are incredibly low, just pay it xD 4. Nah with a fee it's really fast! It takes a few minutes for the first one. I Would agree with you dude, We no need to pay big transactions fees in PayPal transactions or western union. The problems in bitcoin is lack of awareness among the people If its reaches to all people Even same case If this also will come to the practice dude. |
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Laosai
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February 20, 2016, 09:23:35 PM |
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Okay. From the comments we have more points. So far we have...
1. Blockchain size for storage and downloading;
2. Number of transactions causes impractical updating of the blockchain because of bandwidth limitations;
3. Impractical confirmation time without a fee;
4. Unreasonably long confirmation time even with a fee;
5, (more?).
1. I agree with that 2. Working on it, it'll get it ok 3. Fees are incredibly low, just pay it xD 4. Nah with a fee it's really fast! It takes a few minutes for the first one. I Would agree with you dude, We no need to pay big transactions fees in PayPal transactions or western union. The problems in bitcoin is lack of awareness among the people If its reaches to all people Even same case If this also will come to the practice dude. Yeah! Fees are like a few cents for hundreds dollars transactions! You pay much more in any other mean of paying. |
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BitsandBites
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February 20, 2016, 09:36:23 PM |
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Okay. From the comments we have more points. So far we have...
1. Blockchain size for storage and downloading;
2. Number of transactions causes impractical updating of the blockchain because of bandwidth limitations;
3. Impractical confirmation time without a fee;
4. Unreasonably long confirmation time even with a fee;
5, (more?).
1. I agree with that 2. Working on it, it'll get it ok 3. Fees are incredibly low, just pay it xD 4. Nah with a fee it's really fast! It takes a few minutes for the first one. I Would agree with you dude, We no need to pay big transactions fees in PayPal transactions or western union. The problems in bitcoin is lack of awareness among the people If its reaches to all people Even same case If this also will come to the practice dude. Yeah! Fees are like a few cents for hundreds dollars transactions! You pay much more in any other mean of paying. The overall concept of bitcoin is just incredible. My guess is there is no such that can or will destroy bitcoin. So haters go away. |
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RustyNoman
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February 21, 2016, 09:00:37 AM |
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Okay. From the comments we have more points. So far we have...
1. Blockchain size for storage and downloading;
2. Number of transactions causes impractical updating of the blockchain because of bandwidth limitations;
3. Impractical confirmation time without a fee;
4. Unreasonably long confirmation time even with a fee;
5, (more?).
1. I agree with that 2. Working on it, it'll get it ok 3. Fees are incredibly low, just pay it xD 4. Nah with a fee it's really fast! It takes a few minutes for the first one. I Would agree with you dude, We no need to pay big transactions fees in PayPal transactions or western union. The problems in bitcoin is lack of awareness among the people If its reaches to all people Even same case If this also will come to the practice dude. Yeah! Fees are like a few cents for hundreds dollars transactions! You pay much more in any other mean of paying. The overall concept of bitcoin is just incredible. My guess is there is no such that can or will destroy bitcoin. So haters go away. The bitcoin is a legal property, so it is not destroyable by law without changing the law. It can only be destroyed by itself. |
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Jet Cash
Legendary
 Offline
Activity: 2730
Merit: 2462
https://JetCash.com
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February 21, 2016, 09:11:24 AM |
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The overall concept of bitcoin is just incredible.
My guess is there is no such that can or will destroy bitcoin. So haters go away.
I agree with that. It won't stay the only accepted crypto-currency, and it won't be the largest. With its feature rich structure, and its decentralised administration, it will remain the gold standard though. |
Offgrid campers allow you to enjoy life and preserve your health and wealth. Save old Cars - my project to save old cars from scrapage schemes, and to reduce the sale of new cars. My new Bitcoin transfer address is - bc1q9gtz8e40en6glgxwk4eujuau2fk5wxrprs6fys |
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bitbitch
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February 21, 2016, 09:30:23 AM |
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at the moment the single greatest point of weakness in the bitcoin ecosystem is the concentration of mining in China. bitcoin is vulnerable to the POV of the Chinese government.
i quite like the 'distributed' model of 21 as a possible solution.
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Laosai
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February 21, 2016, 11:20:15 AM |
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Okay. From the comments we have more points. So far we have...
1. Blockchain size for storage and downloading;
2. Number of transactions causes impractical updating of the blockchain because of bandwidth limitations;
3. Impractical confirmation time without a fee;
4. Unreasonably long confirmation time even with a fee;
5, (more?).
1. I agree with that 2. Working on it, it'll get it ok 3. Fees are incredibly low, just pay it xD 4. Nah with a fee it's really fast! It takes a few minutes for the first one. I Would agree with you dude, We no need to pay big transactions fees in PayPal transactions or western union. The problems in bitcoin is lack of awareness among the people If its reaches to all people Even same case If this also will come to the practice dude. Yeah! Fees are like a few cents for hundreds dollars transactions! You pay much more in any other mean of paying. The overall concept of bitcoin is just incredible. My guess is there is no such that can or will destroy bitcoin. So haters go away. Well yeah even if btc price drops or if number of bitcoiners drops, difficulty is here to keep things stable |
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lixer
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February 21, 2016, 08:25:59 PM |
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If something can destroy bitcoin, than it is people's support , if people stop using bitcoin, supporting bitcoin, then bitcoin surely will destroy, but I don't think this could happen. More and more new people are getting into bitcoin every day.
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SISAR
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February 21, 2016, 08:45:46 PM |
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The thing that will destroy Bitcoins is simple. It will be the bloated size of the blockchain.
No, if it happens it will be EMP. Anything else can be fixed much cheaper and faster. |
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Blawpaw
Legendary
Offline
Activity: 1596
Merit: 1027
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February 22, 2016, 01:56:13 AM |
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I hope that nothing stands in Bitcoin's way. But if anything is to destroy bitcoin it will certainly be another altcoin!
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eon89
Sr. Member
Offline
Activity: 308
Merit: 292
★YoBit.Net★ 350+ Coins Exchange & Dice
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February 22, 2016, 01:57:21 AM |
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Yeah. In the mean time bitcoin is growing like there is no tomorrow.
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RustyNoman
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February 22, 2016, 08:38:29 AM |
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Yeah. In the mean time bitcoin is growing like there is no tomorrow.
I like the bitcoin adoption to grow like no tomorrow. But I like to bitcoin price to grow slowly, gradually. |
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btcltccoins
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February 22, 2016, 09:30:45 AM |
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Yes bitcoin cant be destroyed because its the most popular among the people. The transactions takes time to complete but eventually it will be solved because a lot of peoples and minds working on it.
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btcltccoins
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February 22, 2016, 09:32:27 AM |
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I hope that nothing stands in Bitcoin's way. But if anything is to destroy bitcoin it will certainly be another altcoin!
Currently there is no Altcoin which can cause threat to bitcoin existence. Rather its the other way around, when the Bitcoin grows it helps other altcoins grow as well. |
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kanazawa
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February 22, 2016, 09:34:29 AM |
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There some many brutal people inside the BTC universe that it is like an all-star army. Nothing can destroy it... neither someonewho is pretty old inside of the core... things are so hugr now that I think neither them know exactly th size of this "universe".
dit: altcoins are so distant that it's in the event horizon of bitcoin.
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romero121
Legendary
Offline
Activity: 3192
Merit: 1213
Enterapp Pre-Sale Live
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February 22, 2016, 10:12:15 AM |
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Only the delay in the decision making over various developing features of the technology would destroy the bitcoin. If the decision making is made faster and effective no need to think of destruction.
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bitbitch
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February 22, 2016, 10:50:47 AM |
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the Chinese government could hurt bitcoin, but it would take a concerted international effort to "destroy" the ecosystem.
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jonathgb25
Full Member
Offline
Activity: 140
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
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February 22, 2016, 10:55:55 AM |
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The crash of some big asteroid in our planet if it will hit the place where most of the bitcoin nodes reside.
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arbitrage
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February 22, 2016, 11:12:45 AM |
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Bitcoin will be destroyed by some new and innovative currency that will take birth in future, till then there is nothing that can destroy bitcoins, the future of bitcoin is safe till then.
But this corency must bring something more innovative and revolutionary than anything else on altcoin scene. This can be only some tokens that have real usage in industry, or wider. Example Samsung tokens: created with every using of device (every minute counts, activity and usage), and this token can be traded and can be used in samsung online stores for buying.. |
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ctlaltdefeat
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February 22, 2016, 11:24:15 AM |
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I hope that nothing stands in Bitcoin's way. But if anything is to destroy bitcoin it will certainly be another altcoin!
Currently there is no Altcoin which can cause threat to bitcoin existence. Rather its the other way around, when the Bitcoin grows it helps other altcoins grow as well. how about Etherum? altcoin which steal the show microsoft azure and already cooperated. Microsoft and ConsenSys are partnering to offer Ethereum Blockchain as a Service (EBaaS) on Microsoft Azure which bitcoin couldn't. some people make a speculation too about etherum could equal or even exceed bitcoin. but i hope it wouldn't destroy bitcoin. |
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