Giving up on Bitcoin...

[TKeenan]

[...]

I think people love my FUD.

[...]

I'm trying to find a proper definition of the mental disease you seem to suffer from. Maybe we should call it the "Ver Syndrome": It's delusions of grandeur paired with antisocial tendencies and obsessive-compulsive denial of reality.

Seriously, I would love if your announcement would have truth in it and you would vanish from this board. At least you could constrain your FUD posts to the altcoin section, where they belong to. That would be a great relief. Oh, and please take your fellow alts and trolls with you.

Thank you very much!

ya.ya.yo!

SegWit, Blockstream/Core is the alt.  SegWit is not Bitcoin.  Take your fucking friends to the alt board you piece of garbage.

[TKeenan]

And the price just keeps climbing.   

And the functionality just keeps falling.

[TKeenan]

For any one that gave up, two new users came in. So, basicly, sooner or later, you and rest of em will be back in one way or another. One business dropping it's Bitcoin part is absolutely nothing. For every business that drops, two new rise. Future is bright!

This is bullshit.  Circle intended to spend $140 Million developing cool end user tools for using Bitcoin.  But because the network no longer supports this functionality, the network is now limited to settlement type function only, Circle said fuck this, let's spend our money on other things.  Can you show me two companies with $140 million to spend building cool shit for the bitcoin network?  Didn't think so.  Your 2 for 1 deal is a bogus scam. 

[TKeenan]

And when he talks about bitcoin as a payment method, he does not mention the possibilities of seeing bitcoin as an investment.

The 'investment' in Bitcoin is only good if network functionality and user adoption are good.  If functionality goes to zero and user adoption goes to zero - but the price continues to go up, that is called a Ponzi scheme. 


Network functionality has gone to shit.  User adoption has gone to shit. 

Those are facts.

[jackg]

[...]

I think people love my FUD.

[...]

I'm trying to find a proper definition of the mental disease you seem to suffer from. Maybe we should call it the "Ver Syndrome": It's delusions of grandeur paired with antisocial tendencies and obsessive-compulsive denial of reality.

Seriously, I would love if your announcement would have truth in it and you would vanish from this board. At least you could constrain your FUD posts to the altcoin section, where they belong to. That would be a great relief. Oh, and please take your fellow alts and trolls with you.

Thank you very much!

ya.ya.yo!

SegWit, Blockstream/Core is the alt.  SegWit is not Bitcoin.  Take your fucking friends to the alt board you piece of garbage.

Segwit was a weird hard fork to add to the network.
Also, it is only put in place to help the people who can't spare 0.0001BTC just to get a transaction to go faster. It isn't an alt though, the core is the centre, not the best version. It was also scripted a year ago and was deactivated for about 6 months.
If you've given up then why remain on this forum (just an observation).

And when he talks about bitcoin as a payment method, he does not mention the possibilities of seeing bitcoin as an investment.

The 'investment' in Bitcoin is only good if network functionality and user adoption are good.  If functionality goes to zero and user adoption goes to zero - but the price continues to go up, that is called a Ponzi scheme. 


Network functionality has gone to shit.  User adoption has gone to shit. 

Those are facts.

For a currency to function well, it does also need to be transferred quickly

[chixka000]

Giving up is not a part of my plan tho lol. I can't still not feel the mismanagement that you were using and those consequence of using a small blocks. You wanted to quit then you ask people to quit as well? seriously?

[Elkhoon]

BTC is the currency of the future. I am not for so long in it, but I already see big perspetives, I dont think to give up so fast.

[avikz]

 without getting into the technical nitty gritties of Bitcoin one thing I can surely say, bitcoin is truely a blessed currency. If any one wish to give up on Bitcoin its in entirely their decision.

If you want to leave Bitcoin why don't you transfer all your Holdings to my account. I think I can make good use of those bit coins better than yours.

[TKeenan]

one thing I can surely say, bitcoin is truely a blessed currency.

Blessed by whom?  Muhammed or Jesus? 

I don't want to use any fucking currency blessed by the wrong guy.

[RodeoX]

one thing I can surely say, bitcoin is truely a blessed currency.

Blessed by whom?  Muhammed or Jesus? 

I don't want to use any fucking currency blessed by the wrong guy.

LOL, don't worry, it was blessed by Satoshi! 

[franky1]

the price is meaningless..

if there are 16m coins.. but imagine only 5 coins on an exchange being swapped between 10 people.. those 5 coins dictate the price of the whole 16mill coins without involving the 16m coins.

basing bitcoins economy, bitcoins utility and bitcoins society on an exchange price is flawed.
infact in the last 12 month people have noticed real world inflation where a loaf of bread has jumped more than 20%

last year i could buy 2litres(4pints) of milk for £1. now the same shop sells it for £1.45
last year a loaf of bread was 50p (cheap ownbrand) now its 80p. major brand went from £1 to £1.50
yea they do deals for 2for£2 to hide the increase or help people get used to the increase by making them buy double to 'save'. but the reality is inflation has hit people pockets

so seeing bitcoin go from $650 to $770 is not a shock.. its basically means i can still buy the same amount of loaves of bread as last year.

also the amount of coins on an exchange has DROPPED. less people are confident about exchanges so we are not seeing millions of coins held on exchanges like in 2013.. now its just a couple hundred thousand. usually some are only hoarding 50k of customers coins. so again the bitcoin price vs the economy are not correlating in any way to suggest the economy/society/utility is growing

[Victorycoin]

I am not the only one, lots of people have already given up.  Very fucking stupid mismanagement is the result.  At least TCP-IP and Linux had some means to make sensible adjustments in the early days.  Bitcoin has no means to fix things that need a fixin'.  "Consensus" is just a very stupid concept.  95% consensus will never be reached for any issue.  Bitcoin is fucked.  Doesn't scale.  Everyone already left.

Nobody cares for your FUD. There are many crypto currencies if Bitcoin is not developed according to you than you can find the coin which meets your requirements there are thousands of Crypto currencies but all those do not stand near to the Bitcoin.

Bitcoin is a pioneer coin, it has made the revelation of exactly what money ought to be, whatever that was not figured out initially is an invitation for other good heads to contribute their quote. You might like to know that no one discovery or invention out there reached it's optimal level from the unset. I remember so well that once, we all thought the earth was flat, until Columbus had another thought coming.

If you must go however, the bitcoin community is sure to not miss you or notice your absence

[1enterthebtc]

If the price keeps falling, its falling UP! Fall on!

[al0729]

after im getting scammed i ask my self bitcoin is not safe so go find another source of income , but when my friend told me that btcorg can give me that i feel like YEAH LETS ROCK AGAIN!

[Yakamoto]

I am not the only one, lots of people have already given up.  Very fucking stupid mismanagement is the result.  At least TCP-IP and Linux had some means to make sensible adjustments in the early days.

Circle Gives Up Bitcoin

Bitcoin has no means to fix things that need a fixin'.  "Consensus" is just a very stupid concept.  95% consensus will never be reached for any issue.  Bitcoin is fucked.  Doesn't scale.  Everyone already left.

"Everyone already left"

Alright, peace man. Let me know when everyone leaves, because so far it seems that a lot of the market, a lot of the users, and a lot of the community is still here.

Now, of course, I could be wrong, but there seems to be a big disconnect between that statement and reality. But whatever helps you sleep I guess.

In other news, new 12 month high?

[pooya87]

lol, Circle is a failed business in bitcoin front. they couldn't make money from the service they were offering since not enough people were using them with existence of coinbase.

and also they left because they didn't want IRS come knock on their doors like they did with Coinbase. all the shit that Circle CEO said publicly was because he was buthurt

[babyjesusftw1]

Just because one company leaves the market doesn't mean the entire currency is dead. Even after the closing of Circle to bitcoin transactions, the value of bitcoin is still rising. The pubic and investors clearly still have full confidence that bitcoin adoption will increase in the future, so why shouldn't you?

[BeetcoinScummer]

Is this the Bitcoin you wanted?  Settlement, speculation, and no end user functionality? 

Yes! Take your damn coffee transactions off-chain!

[pinkflower]

...and by "giving up" the OP means he will continue to post FUD well into the future!

This is what really happened. He sold all his BTC months ago for a small profit because he thought that its already overbought like what most of the wannabes in the speculation forum would say. He must be regretting that decision now and hes feeling bad. This thread is the manifestation of how bad he feels by declaring that BTC is dead.

[davis196]

I am not the only one, lots of people have already given up.  Very fucking stupid mismanagement is the result.  At least TCP-IP and Linux had some means to make sensible adjustments in the early days.

Circle Gives Up Bitcoin

Bitcoin has no means to fix things that need a fixin'.  "Consensus" is just a very stupid concept.  95% consensus will never be reached for any issue.  Bitcoin is fucked.  Doesn't scale.  Everyone already left.

Everyone is free to leave bitcoin and the btc community if he wants to.

If you don`t like bitcoin just leave the forum and don`t post.

By the way,not everyone has left.