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Author Topic: Hey guys do real BTC is starting falling apart ?  (Read 989 times)
XbladeX (OP)
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March 24, 2017, 02:51:24 PM
 #1

It would be nothing new to me coins comes and go but...
We ate at 68% market cap mainly with rising ETH.
At 1st i was thinking ech just a pump and dump.
But reading news i just see that more and more business is moving away from bitcoin.
Counterparty guys , people from brave browser... Some projects that used to use BTC is switching to ETH mostly. Same time 2years about scaling debate in BTC nothing really changes.
If BTC will stay in that state in 3more months it will loose really hard market cap.
Network effect is pushing towards alts and if ETH will able to handle that and scale BTC will be done.
This is not 2015y that most coins PnD... Eth is building real cool stuff arround, call me and idiot but this is really happening. Eth is delivering that what BTC suppose to do.

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March 24, 2017, 03:51:50 PM
 #2

It would be nothing new to me coins comes and go but...
We ate at 68% market cap mainly with rising ETH.
At 1st i was thinking ech just a pump and dump.
But reading news i just see that more and more business is moving away from bitcoin.
Counterparty guys , people from brave browser... Some projects that used to use BTC is switching to ETH mostly. Same time 2years about scaling debate in BTC nothing really changes.
If BTC will stay in that state in 3more months it will loose really hard market cap.
Network effect is pushing towards alts and if ETH will able to handle that and scale BTC will be done.
This is not 2015y that most coins PnD... Eth is building real cool stuff arround, call me and idiot but this is really happening. Eth is delivering that what BTC suppose to do.


I've been saying this.

1. Bitcoin's value is based on its utility.  (fast confirmations and low fees)
2. Bitcoin cannot survive based on store of value alone, it must be a functional currency.

This is why there's a huge surge toward BU ...even though its buggy...even though its 'radical'....ANYTHING is better than Core right now.
The stagnation is a huge part of that... but also their desire to change Bitcoin from P2p cash to settlement network...and their centralized
control over Bitcoin development...none of this is good.

It's not too late to save Bitcoin but things need to change sooner rather than later.

You're not an idiot.  The idiots are the ones who aren't seeing the plain truth in front of their face.


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March 24, 2017, 03:57:05 PM
 #3

It would be nothing new to me coins comes and go but...
We ate at 68% market cap mainly with rising ETH.
At 1st i was thinking ech just a pump and dump.
But reading news i just see that more and more business is moving away from bitcoin.
Counterparty guys , people from brave browser... Some projects that used to use BTC is switching to ETH mostly. Same time 2years about scaling debate in BTC nothing really changes.
If BTC will stay in that state in 3more months it will loose really hard market cap.
Network effect is pushing towards alts and if ETH will able to handle that and scale BTC will be done.
This is not 2015y that most coins PnD... Eth is building real cool stuff arround, call me and idiot but this is really happening. Eth is delivering that what BTC suppose to do.


I've been saying this.

1. Bitcoin's value is based on its utility.  (fast confirmations and low fees)
2. Bitcoin cannot survive based on store of value alone, it must be a functional currency.

This is why there's a huge surge toward BU ...even though its buggy...even though its 'radical'....ANYTHING is better than Core right now.
The stagnation is a huge part of that... but also their desire to change Bitcoin from P2p cash to settlement network...and their centralized
control over Bitcoin development...none of this is good.

It's not too late to save Bitcoin but things need to change sooner rather than later.

You're not an idiot.  The idiots are the ones who aren't seeing the plain truth in front of their face.

For a legendary member you know little to nothing. You prob also dont know that only a few Core dev's are on the Blockstream payroll.. so stfu noob.

Jonald_Fyookball + Franky1 are the biggest shit trolls at Bitcointalk.
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March 24, 2017, 04:31:18 PM
 #4

Don't be fooled by this move towards Alt coins... there are most probably some sinister agendas behind this. People are making huge profits by

hyping up this whole "crisis" .... Some coins are seeing huge spikes in their price and nothing pushing that other than hype surrounding the

supposed problems around Bitcoin. ETH and Dash and some other coins are being used to make profits for people who bought before this bubble

was created.... and when these bubbles burst... these people would have syphoned off millions and loads of people will be left with empty

bags.  Roll Eyes

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March 24, 2017, 04:52:15 PM
 #5

You're not an idiot.  The idiots are the ones who aren't seeing the plain truth in front of their face.

The guys at core/blockstream are the idiots.  They want to own transaction throughput via LN.  Severe damage has already been done and so many people and projects have left the bitcoin chain because of crzy high fees. 

While ETH has its problems, they are very likely to take over the whole pie in the coming 1.5 years.  Bitcoin is being left behind.

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jonald_fyookball
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March 24, 2017, 06:55:37 PM
 #6


 You prob also dont know that only a few Core dev's are on the Blockstream payroll

And you prob also don't know that these few core devs are the most influential ones, the most experienced ones, the ones with the most commits and control over the repo...and the ones everyone else follows.

But, now you know.

Any other comments for me?

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March 25, 2017, 12:04:39 PM
 #7

You're not an idiot.  The idiots are the ones who aren't seeing the plain truth in front of their face.

The guys at core/blockstream are the idiots.  They want to own transaction throughput via LN.  Severe damage has already been done and so many people and projects have left the bitcoin chain because of crzy high fees. 

While ETH has its problems, they are very likely to take over the whole pie in the coming 1.5 years.  Bitcoin is being left behind.
The problem was for quite some time with the bitcoin, is the transaction were getting quite slow and some of them take like up to a day or so to get complete, imagine trying to put a bet or trying to invest in something and the transaction gets stuck you lose all you money just because it was not quick enough, apart from the fees going so high because miners are getting greedy, at this point people are just quitting and that is hearting the prices so badly I hope they find a solution otherwise it is going to keep on falling apart.
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March 25, 2017, 12:17:23 PM
 #8

 i notice the btc price is going down..,,

when it will go up?
is the bitcoin price is going up again??
Thank you..,
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March 25, 2017, 12:28:54 PM
 #9

i notice the btc price is going down..,,

when it will go up?
is the bitcoin price is going up again??
Thank you..,

No one can accurately predict the future but those of us who have followed Bitcoin for quite some time now are just familiar with these dumps and so are not going to be pushed into selling our Bitcoins. The prices are surely going to bounce back up but the particular time remains the mystery.
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March 25, 2017, 12:33:13 PM
 #10

I've been saying this.

1. Bitcoin's value is based on its utility.  (fast confirmations and low fees)

Trust and nothing but.

Functionality is great and necessary but if you can't trust it then it has no value. The current price fall is fear of that trust being shat on.
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March 25, 2017, 12:41:00 PM
 #11

It would be nothing new to me coins comes and go but...
We ate at 68% market cap mainly with rising ETH.
At 1st i was thinking ech just a pump and dump.
But reading news i just see that more and more business is moving away from bitcoin.
Counterparty guys , people from brave browser... Some projects that used to use BTC is switching to ETH mostly. Same time 2years about scaling debate in BTC nothing really changes.
If BTC will stay in that state in 3more months it will loose really hard market cap.
Network effect is pushing towards alts and if ETH will able to handle that and scale BTC will be done.
This is not 2015y that most coins PnD... Eth is building real cool stuff arround, call me and idiot but this is really happening. Eth is delivering that what BTC suppose to do.


It is a normal movement in the transition period and bitcoin is undergoing that phase. Because of the uncertainties in the bitcoin network users have panicked and are playing safe and that has led them to shift to DASH and Ethereum. The sooner btc core and BU will go its separate ways the more the problems will get over with. But for us bitcoin fanatics it is the best time to buy more bitcoins when the price is at its lowest.
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March 25, 2017, 12:51:44 PM
 #12

Odds are that Bitcoin will go sideways for some while after things have settled down. Bitcoin had a good 7+ years of surviving the manipulation and the betrayals from the groups of Bitcoin holders and spenders. It's only a matter of time till Bitcoin just flips out and tanks.

Bitcoin should be above $400 in 3 months and I am not purchasing any coins until the price chills out. I am just speculating though so try to be prepared because anything could happen.

 
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March 25, 2017, 01:00:06 PM
 #13

Don't be fooled by this move towards Alt coins... there are most probably some sinister agendas behind this. People are making huge profits by

hyping up this whole "crisis" .... Some coins are seeing huge spikes in their price and nothing pushing that other than hype surrounding the

supposed problems around Bitcoin. ETH and Dash and some other coins are being used to make profits for people who bought before this bubble

was created.... and when these bubbles burst... these people would have syphoned off millions and loads of people will be left with empty

bags.  Roll Eyes

I'm wondering where they will move their huge profits after alt bubbles burst? If they will decide to buy BTC with it, which is entirely possible, then Bitcoin will skyrocket and those who are buying now at under $1,000 will make good profits.  Wink
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March 25, 2017, 01:01:51 PM
 #14

Ethereum India is the fastest growing Digital Currency soon to overtake Bitcoin
read this article : http://www.internetofblog.com/2017/03/ethereum-india-is-the-fastest-growing-digital-currency-soon-to-overtake-bitcoin/
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March 25, 2017, 01:10:36 PM
 #15

Don't be fooled by this move towards Alt coins... there are most probably some sinister agendas behind this. People are making huge profits by

hyping up this whole "crisis" .... Some coins are seeing huge spikes in their price and nothing pushing that other than hype surrounding the

supposed problems around Bitcoin. ETH and Dash and some other coins are being used to make profits for people who bought before this bubble

was created.... and when these bubbles burst... these people would have syphoned off millions and loads of people will be left with empty

bags.  Roll Eyes

I'm wondering where they will move their huge profits after alt bubbles burst? If they will decide to buy BTC with it, which is entirely possible, then Bitcoin will skyrocket and those who are buying now at under $1,000 will make good profits.  Wink

This is what the basic the big players use to do it, when ETH and DASH price were down they just came with BU IDEA and now crashed the bitcoin to below $1000 price and have bought in low in ETH and DASH and now they are getting %200+ in that so they are enjoying profit in both side. next month mostly when btc price will be below $800 that time they will start buying. This is my prediction.
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March 25, 2017, 01:14:32 PM
 #16

This is what the basic the big players use to do it, when ETH and DASH price were down they just came with BU IDEA and now crashed the bitcoin to below $1000 price and have bought in low in ETH and DASH and now they are getting %200+ in that so they are enjoying profit in both side. next month mostly when btc price will be below $800 that time they will start buying. This is my prediction.

There are more and more dollar options for alts. There are also large numbers of alt buyers who've never used BTC at all or for anything other than obtaining more alts. They're slowly becoming completely separate markets.

That won't stop market share panic but it's time we let go of the idea of them all being one mass.
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March 25, 2017, 01:14:51 PM
 #17

i notice the btc price is going down..,,

when it will go up?
is the bitcoin price is going up again??
Thank you..,

No one can accurately predict the future but those of us who have followed Bitcoin for quite some time now are just familiar with these dumps and so are not going to be pushed into selling our Bitcoins. The prices are surely going to bounce back up but the particular time remains the mystery.

Will it bounce back? Sadly I need to admit that OP have a point, things are changing and this war in bitcoin community is affecting all of us, in meantime other alt's using that and they make progress.
Before bitcoin didn't have big competition in other alt's, like I said times are changing and I'm not sure in future anymore. It's very hard to predict what will happen this year, I feel that some things will change I'm just not sure which ones.



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Rainbot
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March 25, 2017, 01:17:51 PM
 #18

This is what the basic the big players use to do it, when ETH and DASH price were down they just came with BU IDEA and now crashed the bitcoin to below $1000 price and have bought in low in ETH and DASH and now they are getting %200+ in that so they are enjoying profit in both side. next month mostly when btc price will be below $800 that time they will start buying. This is my prediction.

There are more and more dollar options for alts. There are also large numbers of alt buyers who've never used BTC at all or for anything other than obtaining more alts. They're slowly becoming completely separate markets.

That won't stop market share panic but it's time we let go of the idea of them all being one mass.

The good thing is that if someone first hears of cryptocurrencies it's almost always bitcoin. If I wasn't part of this community I never once would have heard of any altcoin ever. Not once in the media have I seen something on the price of ETH or DASH or anything like that. We've still got that for now anyway.
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March 25, 2017, 01:44:36 PM
 #19

The good thing is that if someone first hears of cryptocurrencies it's almost always bitcoin. If I wasn't part of this community I never once would have heard of any altcoin ever. Not once in the media have I seen something on the price of ETH or DASH or anything like that. We've still got that for now anyway.

Yes, never heard of altcoins in the mainstream media. Only bitcoin which is usually very quickly followed with a reference to silk road. That's why there is a fight going on, it's all about the brand name.

Scaling and transaction rate: https://bitcointalk.org/index.php?topic=532.msg6306#msg6306
Do not allow demand to exceed capacity. Do not allow mempools to forget transactions. Relay all transactions. Eventually confirm all transactions.
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March 25, 2017, 01:53:00 PM
 #20

From what I'm seeing right now, people are trying to cover their losses (value in BTC) by moving their investments to other crypto that has potential to flourish in the following years, and that is ETH. BTC's main point of attraction to the normal masses is its fast confirmation of transaction and low fees but these have become the issue in the past weeks. Doubts in the investors' minds arose and they found their solution by using their funds to push ETH. If the issues that we have right now in BTC are not solved in the near future, we will truly see BTC to fall apart.
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