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Author Topic: The real death of Bitcoin...  (Read 3373 times)
TKeenan (OP)
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February 23, 2016, 02:11:25 PM
 #1

Well everyone - the experiment is over.  The blocksize/capacity thing just shows how fucking dumb 'concensus' is.  Everything 'distributed' = total fail.  They can't agree to move forward.  There is no CEO.  Now Coinbase is objecting to the bullshit HF 2017.  Having nobody to make a decision has ruined bitcoin. 

Ethereum on the other hand is raging up there.  It's going to be huge.  They actually have someone on the top deciding to go left or right when they come to a fork (no pun intended).  'distributed' is cool, but it is unmanageable.  Just let it go with no one at the wheel proved to be stupid.

Bitcoin is now fully fucked.  Looks like Hearn's ragequit wasn't misplaced. 

Time to buy Ethereum  - Say goodbye to bitcoin.

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February 23, 2016, 02:12:52 PM
 #2

Not even on purpose, I just read this thread a few minutes ago...
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February 23, 2016, 02:17:48 PM
Last edit: February 23, 2016, 02:57:43 PM by Minecache
 #3

Ethereum is one to watch for sure and wise to hedge your bets with especially as many financial institutions are looking into facilities it. Look how fast Ethereum has grown in its short few months.

http://www.financemagnates.com/cryptocurrency/trading/ethereum-now-worth-more-than-ripple-and-litecoin-combined/

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February 23, 2016, 02:56:38 PM
 #4

Not even on purpose, I just read this thread a few minutes ago...

Interesting thread.  I have often thought there is an element of social engineering going on with btc and the community. The infighting and indecisiveness certainly does not help btc. 

I am suspect though of a post that talks about the death of btc while propping up ETH. 

I love Bitcoin
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February 23, 2016, 03:08:47 PM
Last edit: February 23, 2016, 03:58:07 PM by Amph
 #5

Not even on purpose, I just read this thread a few minutes ago...

bullshit, people forget that bitcoin was alive since the beginning when there was only satoshi experimenting with it

it's basically impossible to kill, no matter what you do at best you could depreciate its value

also ETH is not a competitor, the coin itself does not offer anything new against bitcoin, and the platform can be used with bitcoin too if they want to integrate it
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February 23, 2016, 03:12:41 PM
 #6

Not even on purpose, I just read this thread a few minutes ago...

Interesting thread.  I have often thought there is an element of social engineering going on with btc and the community. The infighting and indecisiveness certainly does not help btc. 

I am suspect though of a post that talks about the death of btc while propping up ETH. 

Is this a rumor to get ethereum fully pump,if somethings goes wrong with bitcoin there will be a lot of exodus to ethereum,not the right time to happen ,bitcoin is now going great and really back on track..


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February 23, 2016, 03:13:54 PM
 #7

There are too many flaws here to begin with.
1) Bitcoin is not dead, it is peaking with adoption.
2) Decentralized != fail.
3) Promoting an altcoin (Ethereum).
4) Bitcoin and Ethereum are not comparable.
5) Ethereum is not dedicated to moving and validating money, it is more of a complex blockchain based contract mechanism.

Not even on purpose, I just read this thread a few minutes ago...
It's just a coincidence, right?

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trickyriky
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February 23, 2016, 03:16:37 PM
 #8

yeah mega intelligent pump all your cash into a centralised POS LOL no thanks
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February 23, 2016, 03:28:08 PM
 #9

Not even on purpose, I just read this thread a few minutes ago...

bullshit, people forget that bitcoin was alive since the beginning when there was only satoshi experimenting with it,

it's basically impossible to kill, no matter what you do at best you could depreciate its value

also ETH is not a competitor, the coin itself does not offer anything new against bitcoin, and the platform can be used with bitcoin too if they want to integrate it

Yes you cant just rule out bitcoin. Bitcoin is the not controlled by any body and ETH is just oppsite to it.
So we cant realyy  compare them now
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February 23, 2016, 03:41:02 PM
 #10

A typical example of a ETH pump post.  Roll Eyes .... I do not even see ETH in the same sphere as Bitcoin, they should concentrate on smart contracts and dominate that aspect of the

tech and they will be successful. The consensus experiment is doing fine, there are active participation and debate and it's healthy for this kind of experiment. You should move

this thread to the Alt coin section, this section is not meant for Alt coin pumping.  Roll Eyes

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February 23, 2016, 03:44:47 PM
 #11

I don't understand all the anger some posters emit just to get their point across. Nothing wrong with a healthy competition between Bitcoin and Ethereum, nor having a foot in both camps.

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February 23, 2016, 03:45:17 PM
 #12

It looks like the ETH bagholders are starting to get really nervous at the fact that consensus has been reached and thinks are looking better than ever for the future. Pretty sad to see them using the Classic FUD by Brian Armstrong, Gavin and the rest of clowns.
You can still sell your altcoin and get on the winning team before the halving when it will be too late. Good luck.
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February 23, 2016, 04:11:19 PM
 #13

Not even on purpose, I just read this thread a few minutes ago...

Interesting thread.  I have often thought there is an element of social engineering going on with btc and the community. The infighting and indecisiveness certainly does not help btc. 

I am suspect though of a post that talks about the death of btc while propping up ETH. 

Social engineering definitely plays a role, especially in what concerns BTC markets. Social engineers make the waves and markets follow, out of fear or manipulation.

Not even on purpose, I just read this thread a few minutes ago...

bullshit, people forget that bitcoin was alive since the beginning when there was only satoshi experimenting with it

it's basically impossible to kill, no matter what you do at best you could depreciate its value

also ETH is not a competitor, the coin itself does not offer anything new against bitcoin, and the platform can be used with bitcoin too if they want to integrate it

Not bullshit. Some people are actively trying to hinder Bitcoin. It is noticeable in this forum and in mainstream media. Also sometimes on cryptocurrency media...

Bitcoin is indeed alive and ETH is not competition: people are simply using ETH to bash at Bitcoin...

There are too many flaws here to begin with.
1) Bitcoin is not dead, it is peaking with adoption.
2) Decentralized != fail.
3) Promoting an altcoin (Ethereum).
4) Bitcoin and Ethereum are not comparable.
5) Ethereum is not dedicated to moving and validating money, it is more of a complex blockchain based contract mechanism.

Not even on purpose, I just read this thread a few minutes ago...
It's just a coincidence, right?

Quoted for truth... And yeah, what an interesting coincidence.
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February 23, 2016, 04:21:49 PM
 #14

Well everyone - the experiment is over.  The blocksize/capacity thing just shows how fucking dumb 'concensus' is.  Everything 'distributed' = total fail.  They can't agree to move forward.  There is no CEO.  Now Coinbase is objecting to the bullshit HF 2017.  Having nobody to make a decision has ruined bitcoin. 

Ethereum on the other hand is raging up there.  It's going to be huge.  They actually have someone on the top deciding to go left or right when they come to a fork (no pun intended).  'distributed' is cool, but it is unmanageable.  Just let it go with no one at the wheel proved to be stupid.

Bitcoin is now fully fucked.  Looks like Hearn's ragequit wasn't misplaced. 

Time to buy Ethereum  - Say goodbye to bitcoin.



If bitcoin really dead soon and Ethereum will be the next bitcoin and the price of ethereum will same as bitcoin, i'm okay with that. So it's like only the name changed from bitcoin into ethereum.
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February 23, 2016, 04:26:14 PM
 #15

well if it will happen i will wait before to convert to ethereum.. honestly i bought some ethereum because of fast increase value of ethereum..
But i still believe in bitcoin.. And it will never die..

Decided to end it with zer0 profit.
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February 23, 2016, 04:35:48 PM
 #16

Yes i hope ETH can replace bitcoin for for long time. Because i don't have enough money to buy 14,7 BTC. I have bought 14,7 ETH  Grin
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February 23, 2016, 04:37:56 PM
 #17

well if it will happen i will wait before to convert to ethereum.. honestly i bought some ethereum because of fast increase value of ethereum..
But i still believe in bitcoin.. And it will never die..


here is btc's problem    a hefty fee of .0013  and this has been skipped by the last 9 blocks made



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February 23, 2016, 04:38:03 PM
 #18

Not even on purpose, I just read this thread a few minutes ago...

Uow, this is a very nice topic. Just read the full thread and I think this current thread is just another attempt to disseminate wrong information.

Or at least an attempt to pump ETH.

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February 23, 2016, 04:38:34 PM
 #19

Honestly this post belongs more to the altcoin section than bitcoin discussion.
Ethereum project is interesting. They have really smart people on the team, but they have no clear goal and purpose it seems.
What they are doing looks more like a research project of some university than an serious attempt to actually solve a real consumer problems.

And the major thing is - Ethereum ideas are overthinked, solutions too complicated.  
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February 23, 2016, 04:39:27 PM
 #20

Can't we have both? Bitcoin for me never was a payment system and it clearly failed as that or it's failing if that was the intention. But as storage of wealth and commodity it has proven its value time and time again. It works and it's safe if you understand how it works (it's not that easy for a common person though). Hearn statement had many good points like it or not and we can start to see just how much the market is manipulated.

Now Ethereum is another monster, it's actually starting to get a lot of traction, with a potential so huge that puts other "altcoins" to complete shame because we all know we don't really need them. I think one of the biggest assets of Ethereum is that it is corporate friendly. I'm not talking about just its tech, but its name and image. Bitcoin will never go corporate or mainstream because it's tainted with so many scandals and black market activity, it's sad but true.

Ethereum on the other hand doesn't need to compete with Bitcoin in that way, and if more dapps are developed and companies start to adopt it, it's a matter of time that you can buy Ethereum with fiat and then the game is over...so I think it's wise to not miss this train if you see some potential, you don't need to put all your BTC on it, not even half, just what you can afford. Opportunities like this don't happen every day and the mainstream still didn't catch this but soon they will.
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