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Author Topic: The de-throning of Bitcoin on youtube  (Read 462 times)
Jet Cash (OP)
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February 13, 2016, 03:16:59 AM
 #1

I've just watched this video from the daily decrypt -
https://www.youtube.com/watch?v=M6Sf7kcbDWk#t=2.970113

Most of it seems to be FUD based on a lack of understanding of the philosophy behind Bitcoin. I thought the point about rewarding "master nodes" was interesting though. I'm not sure what would constitute a master node - presumably one that is running 24/7 with inbound and outbound ports open and an unpruned blockchain.

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February 13, 2016, 03:24:32 AM
 #2

At the moment the mainstream is (I think) recognizing all cryptocurrencies as "bitcoin". Plus the network effect that bitcoin has achieved, it will be difficult to de-throne bitcoin as the so-called "King of Cryptocurrency"
romero121
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February 13, 2016, 05:19:03 AM
 #3

Thats great of posting such videos. This clearly indicates why bitcoin is going down without reason. I think the decision making for certain changes that needs to be done in a short term is taking more time.

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The Sceptical Chymist
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February 13, 2016, 05:36:27 AM
 #4

Ain't gonna be no dethroning.  Bitcoin reigns supreme over all sucka MCs, of which 99.999999999withabaroverit% of shitcoins are that. 

On a related note, ETH sure is in the crapper today.  Better take my meds.

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February 13, 2016, 07:22:08 AM
 #5

Amanda is stretching the truth and the whole video was sponsored by DASH ... a competing Alt Coin. Now let's talk about DASH .... 500 000 coins were

instamined within the first hour of release, and then another 1 500 000 were pre-mined in the following 8 hours. Evan also told a miner, wanting to get

in on the action, to go to sleep and when he woke up... the release was started and most of the coins pre-mined. {eliminating competition to mine those

coins} I will first do some homework, before I support Alt coins like this or even have them sponsor my videos. 

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