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Author Topic: What do you think is killing Bitcoin, if anything is?  (Read 2787 times)
Flodemaga
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April 04, 2016, 02:27:00 PM
 #21

The  conflict in the society or the community of bitcoin might kill the bitcoin. But after the problem is solved, bitcoin will be stronger.
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April 04, 2016, 03:37:02 PM
 #22

Bitcoin is alive and well with some great innovation to come this year, be more optimistic man.......  Roll Eyes
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April 04, 2016, 03:38:35 PM
 #23

nothing is.  thread fail.

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April 04, 2016, 04:13:31 PM
 #24

I don't think there is something could for real killing Bitcoin nowadays, unless the internet services and network stop for some reason, and it's pretty impossible to happen in the nearest horizon
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April 04, 2016, 04:22:56 PM
 #25

If anything is doing damage to bitcoin it's Classic & their supporters. The price would be higher if they'd never come along & whatever other forms of no sense Hearn & Gavin have tried previously.

People don't like investing into things that they can see are experiencing issues.


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April 04, 2016, 04:24:45 PM
 #26

We need to find the perfect balance of democracy and decentralization.
"This is probably impossible due to how humans are."


I knew you were one of those people trying to get rid of all humans...

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April 04, 2016, 04:30:43 PM
 #27

We need to find the perfect balance of democracy and decentralization.
"This is probably impossible due to how humans are."


I knew you were one of those people trying to get rid of all humans...

I think it will fix soon after halving and bitcoin will still alive and if the blocksize is the problem why they don't increase the speed of their transaction via the internet speed per mb.. i think maybe the problem is the speed o the internet thats why the transaction is very slow.. but i know its a miners decision if they confirm it fast..

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April 04, 2016, 04:42:09 PM
 #28

May be if the price get very low level it will kill Bitcoin, but i think that's very hard to happen nowadays.
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April 04, 2016, 04:42:56 PM
 #29

If anything is doing damage to bitcoin it's Classic & their supporters.
Yes.

The price would be higher if they'd never come along & whatever other forms of no sense Hearn & Gavin have tried previously.
I expected someone to bring up the 'ragequit'. It was damaging, but Bitcoin grew past it.

I think it will fix soon after halving and bitcoin will still alive and if the blocksize is the problem why they don't increase the speed of their transaction via the internet speed per mb.. i think maybe the problem is the speed o the internet thats why the transaction is very slow..
It is obvious that you don't understand how Bitcoin works exactly as this does not make sense. Transactions are near instant; confirmations are what take time (usually 1 per 10 minutes).

but i know its a miners decision if they confirm it fast..
If the person behind the TX doesn't add adequate fees then the pools might ignore their TX for X amount of time. This should be expected.

It's more about "what is keeping btc from giving its full potential"!
Humans.

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Laosai
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April 04, 2016, 04:43:55 PM
 #30


It's more about "what is keeping btc from giving its full potential"!
Humans.


Well... I'm not saying you're wrong, but that's as usuful as answering "things"...

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April 04, 2016, 05:06:24 PM
 #31

May be if the price get very low level it will kill Bitcoin, but i think that's very hard to happen nowadays.
price is not gonna kill bitcoin,however price is unstable,but some people can take control the price,and yes i you right its very hard to happen,almost impossible for now bitcoin price down so low,some people believe in bitcoin halving the price will raise up.

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April 04, 2016, 06:27:06 PM
 #32

Well... I'm not saying you're wrong, but that's as usuful as answering "things"...
I could answer it in a bit more specific way but I don't think that it would help you. I could either list up examples of specific human traits that are bad, or the type of people that are working on suppressing Bitcoin (e.g. whoever is behind that bot in the speculation section). It can't get any more specific than that.

price is not gonna kill bitcoin,however price is unstable
It changes. The last 30 days were pretty stable. However, I do agree that the price won't kill Bitcoin.


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April 04, 2016, 06:33:48 PM
 #33

May be if the price get very low level it will kill Bitcoin, but i think that's very hard to happen nowadays.
price is not gonna kill bitcoin,however price is unstable,but some people can take control the price,and yes i you right its very hard to happen,almost impossible for now bitcoin price down so low,some people believe in bitcoin halving the price will raise up.

The price could kill the bitcoin, but I highly doubt about that also because its not stable but also not going far down every time so that says enough.
What is gonna kill the bitcoin at the end of the journey is the banks in my opinion because they are also gonna make a similar system like it and have power over it.
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April 04, 2016, 06:49:10 PM
 #34

IMO what is killing Bitcoin is ignorance. No, ignorance is not a bliss, ignorance is a curse which kills many good things in this world including Bitcoin. Let people know more about what Bitcoin is and maybe then they will accept it for their own good.

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April 04, 2016, 06:54:05 PM
 #35

The indecisive nature of major issues that create polarized views and mislead people attempting to get a understanding of bitcoin. The constant manipulation so people can alter the markets and lastly the payments not being instant and needing to wait for confirmations. Its appealing but limited to the computer world due to the slow rate of transaction time.

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April 04, 2016, 07:13:22 PM
 #36

the thing that is killing bitcoin the most is the fact that there are some people with a lot of bitcoins thus they can impact the price significantly with the currency they have and it is kinda getting more and more centralized

also there are other cryptocurrencies that not allow bitcoin to be the only currency that would have no rivals, though i hope it will remain the most popular cryptocurrency that will exist forever

 
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April 04, 2016, 07:15:49 PM
 #37

May be if the price get very low level it will kill Bitcoin, but i think that's very hard to happen nowadays.
price is not gonna kill bitcoin,however price is unstable,but some people can take control the price,and yes i you right its very hard to happen,almost impossible for now bitcoin price down so low,some people believe in bitcoin halving the price will raise up.

The price could kill the bitcoin, but I highly doubt about that also because its not stable but also not going far down every time so that says enough.
What is gonna kill the bitcoin at the end of the journey is the banks in my opinion because they are also gonna make a similar system like it and have power over it.
nope, nothing has the power to kill bitcoin. The only thing that kills bitcoin is the fluctuations in its price. As the price is unstable, it can make the bitcoin value to be down.

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April 04, 2016, 07:20:48 PM
 #38

What's really killing bitcoin is the massive amount of Chinese miners who can afford cheap asic hardware by the tens of thousands and build bitcoin mining firms for very low amount of money, in my country this has started to pick up also
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April 04, 2016, 07:21:57 PM
 #39

Government. They never agree with Bitcoin, even tho some of them in some country is not.
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April 04, 2016, 07:23:07 PM
 #40

the thing that is killing bitcoin the most is the fact that there are some people with a lot of bitcoins thus they can impact the price significantly with the currency they have and it is kinda getting more and more centralized

also there are other cryptocurrencies that not allow bitcoin to be the only currency that would have no rivals, though i hope it will remain the most popular cryptocurrency that will exist forever

You're right!
And it's especially dangerous in a currency which is supposed to be decentralized!

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