I think the potential of BTC is over

[acroman08]

Bitcoin hasn't even reached its peak why kill it again? sure there will be new cryptocurrencies and
might be far more superior to bitcoins software, but bitcoin is still progressing and I'm sure future development
will be made to improve its system.

[sportis]

In the future，BITCCOIN Will also continue in the position of the virtual currency system Ranked first?

Of course for one simple reason. Bitcoin has network effect. That means many people know and want only bitcoin and nothing else.

And BTC is now facing a simple Blockchain congestion problem

How do you reach in this conclusion; Namely that it is simple to solve the scalabiity debate? Have you any technical knowledge in this issue or have you involve in any kind of software development?

In the future, all kinds of virtual currencies rise, BTC will in no. 1?

For many altcoins bitcoin is the only way to transact with fiat money. If bitcoin crashes then many cryptos will die too. If you believe that there are alts which will rise and will take the bitcoin's position I would be glad to read your opinion.

[btcjoin14]

Bitcoin hasn't even reached its peak why kill it again? sure there will be new cryptocurrencies and
might be far more superior to bitcoins software, but bitcoin is still progressing and I'm sure future development
will be made to improve its system.

Bitcoin may have the price volatility going everywhere on the charts but Bitcoin isn't over. The whole purpose of Bitcoin was trying to make Electronic Currency more well known to people within earth. Bitcoin is just a small step to whatever the goal of the Governments want and that is a single Currency that everyone will have to use.
Banks are working on Blockchains and they don't want to integrate Bitcoin into it because they want to make their own coins and they're likely to merge the Electronic Currency after the NWO Currency gets well known.

[avikz]

Whatever you said, is partially true and I am sure Bitcoin will come out of all these problems and will remain the number one crypto currency. The congestion problem is far more complicated that what we think. Even if I am not a technical guy, but if you look at the some technical topics here, you will understand fully.

Yes, ETH and DASH is quick and probably technologically superior. Probably one of them will become the best crypto currency when bitcoin will not be minable anymore. But till that time, I am confident that bitcoin will remain number one among all other crypto currencies.

[Mr.grin]

the potential of a bitcoin would not stop for bitcoin is still being used. I believe there are still many who do not realize that bitcoin is able to have prices above $ 2,000. maybe you can see it becomes possible when the end of the year, as per the end of the year, bitcoin prices will inevitably increase.

[Harlot]

I don't think so. The potential of Bitcoin is still there an majority of the world's population does not even know what cryptocurrency is yet. Even if Bitcoin existed for many years now Bitcoin still has an increasing in demand, to prove it to you it always recover every time it goes down, just like last year when it got down to 500$ but now we are not even done with the 1st Quarter of the year it had reached the 1200$ level. Seeing a price action this big shows that Bitcoin still has a potential to grow.

[ReLieD]

In the future，BITCCOIN Will also continue in the position of the virtual currency system Ranked first?

Although most of the virtual currency acquired from BTC the original design, but the virtual currency would significantly more than BTC development.

The intelligence of the ETH contract, for example, the DASH of pos node development are far more than BTC

And BTC is now facing a simple Blockchain congestion problem

In the future, all kinds of virtual currencies rise, BTC will in no. 1?

Please friendly to your comments.

I said the wrong place please correct me

My English is not very good, I'm sorry

I agree with you . The prices have been constantly falling making it weak.
Even people have reduced using bitcoin much. They are looking forward for other crypto currencies as they
 believe they will soon compete with bitcoins

[zimmah]

All BTU shills dont understand that Bitcoin is valuable because it's decentralized and limited in amount. Unlike your shit alts. Eth is fully controlled by Buterin for example. Who would buy this shit? Only Vermin pumping it to pretend that Bitcoin is dead.

Bitcoin is fully controlled by blockstream right now.       
Some altcoins are scams, but some aren't, and some altcoins are better than bitcoin.         
   
Bitcoin can't keep riding on first movers advantage forever, especially not if this infighting continues.   

We have many enemies outside bitcoin, and we should focus on beating them, but right now bitcoins greatest enemy is the bitcoin community.

[susila_bai]

In the future，BITCCOIN Will also continue in the position of the virtual currency system Ranked first?

Although most of the virtual currency acquired from BTC the original design, but the virtual currency would significantly more than BTC development.

The intelligence of the ETH contract, for example, the DASH of pos node development are far more than BTC

And BTC is now facing a simple Blockchain congestion problem

In the future, all kinds of virtual currencies rise, BTC will in no. 1?

Please friendly to your comments.

I said the wrong place please correct me

My English is not very good, I'm sorry

I agree with you . The prices have been constantly falling making it weak.
Even people have reduced using bitcoin much. They are looking forward for other crypto currencies as they
 believe they will soon compete with bitcoins

Falling of price is always their but you have not seen that even after that fall, bitcoin have rised and now going back to high price. So no one can touch bitcoin popularity even if any altcoin gets lot of attention but still that is controlled by the developer and not by users like bitcoin.

[traincarswreck]

the only problem that bitcoin is facing is the spam attack and nothing else.

The 1MB limit IS causing the spam problem, and Blockstream/Core continue to do nothing about it.

Today Bitcoin tx traffic have already reached 1MB every 10mins, since the blocksize limit is also 1MB and you only get 1 block every 10mins on average, spammers can now easily flood the mempool by generating a small amount of tx.

Once the mempool is flooded, tx takes longer to process, users get impatient, they pay more fees, fees go up, miners process higher fee tx first, all the minimum fee spam stay stuck at the bottom of the mempool, they timeout and get deleted before being processed by miners.

If spammers don't set a minimum fee in their spam, the spam will be dropped by nodes before reaching the mempool, but spammer only pay the fee when the tx is actually processed by miners.

So, once the mempool is full and the fee is high, spammer's spam never get processed, spammer can continue to flood the mempool for days paying zero fee.

Blockstream refused to increase the blocksize, so we get huge 50000tx mempool backlog today, because spammers don't have to pay their fees.

If they increase the blocksize, then for every 1MB blocksize increase, we can fit another 2000 tx per block, at 4MB we can fit 8000tx per block.

If normal traffic is 1M and the limit is 4M, spammer have to pay a very high combined min fee to flood a block (min fee x 8000 per block), then, if they continue to spam, any mishap, such as miners get lucky and mine a few blocks quickly within 10 minutes, 'eating' all the spam, then spammers have to pay the fee for almost the entire 4MB spam block.

At 4MB, it'll be too costly for spammers to spam, until normal traffic reaches 4MB and they can flood without paying fee again.

If we increase the blocksize from 1MB to 2MB or 4MB now, it will give room for Bitcoin to grow as well as reduce spam.

This truth is so simple that's why Blockstream/Core have to create all kinds of red herrings/bullshit excuses/censorships/trolls to justify keeping the blocksize at 1MB. If they stop distracting you from the actual and simple problem for just 1 second, you'll immediately find out they've been lying their asses off for years.

The 1MB limit was added in 2010 because tx fee was 0 at the time, the network was young and was growing slowly, average block size was less than 1k, and Satoshi didn't want to see the blockchain full of 32MB blocks filled with 0 fee spam.

You keep hearing all these fuck face morons talking about how SW/LN will save the day, or that we can't keep increasing the blocksize forever, but at this moment Bitcoin isn't even popular enough for SW/LN, the safety limit is above 4MB, we shouldn't even talk about side chains until we have enough tx to fill 4MB blocks every 10 minutes, or 13tx/sec (we are only at 3tx/sec at the moment).

We are having a tx jam right now, so by not increasing the blocksize limit, Blockstream/Core either have absolutely no idea what they're doing, or they're just pricks blatantly lying their asses off.

The problem with ignoring and blocking out people that point out you are wrong is you end up a whinny idiot that is frustrated because you don't understand anything. You start to you think your opinion is right because you keep high-fiving yourself and you end up spending your time on a forum telling nobody that is listening how a multi-billion dollar software project, you don't have a hope of understanding, should be run.

[Lauda]

Many governments and bank sector are showing a lot of interest towards blockchain technology. Bitcoin is only digital currency leading all the other currencies. Of course, many people are kept predicting bitcoin growth is over, we don't know what is going to happen to us. We have to move according to market that's all.

Stop shit posting.

Yes, ETH and DASH is quick and probably technologically superior.

Are you seriously calling a currency that had fucked up badly, that they had to hard fork several times to repair it.. technologically superior? DASH is an instamined scam; even its privacy technology doesn't work as advertised. Neither ETH nor DASH are technologically superior.

Probably one of them will become the best crypto currency when bitcoin will not be minable anymore.

No.

the potential of a bitcoin would not stop for bitcoin is still being used. I believe there are still many who do not realize that bitcoin is able to have prices above $ 2,000. maybe you can see it becomes possible when the end of the year, as per the end of the year, bitcoin prices will inevitably increase.

I don't think so. The potential of Bitcoin is still there an majority of the world's population does not even know what cryptocurrency is yet. Even if Bitcoin existed for many years now Bitcoin still has an increasing in demand, to prove it to you it always recover every time it goes down, just like last year when it got down to 500$ but now we are not even done with the 1st Quarter of the year it had reached the 1200$ level. Seeing a price action this big shows that Bitcoin still has a potential to grow.

The price is irrelevant. Stop spamming.

Bitcoin is fully controlled by blockstream right now.   

Outright lie.

Some altcoins are scams, but some aren't, and some altcoins are better than bitcoin.       

Correction: Almost all altcoins are scam, and almost noone are better than Bitcoin in any way.   

Bitcoin can't keep riding on first movers advantage forever, especially not if this infighting continues.   

It is not riding on that advantage. These statements obviously show a lack of understanding.

We have many enemies outside bitcoin, and we should focus on beating them, but right now bitcoins greatest enemy is the bitcoin community.

The biggest enemy right now is the 51% contentious HF attack called BTU.

The problem with ignoring and blocking out people that point out you are wrong is you end up a whinny idiot that is frustrated because you don't understand anything. You start to you think your opinion is right because you keep high-fiving yourself and you end up spending your time on a forum telling nobody that is listening how a multi-billion dollar software project, you don't have a hope of understanding, should be run.

Alex.BTC is wrong on so many points, in so many posts, that correcting him/her/it/them is a big waste of time. They are a delusional idiot with very lacking/impaired knowledge/understanding.

[traincarswreck]

Bitcoin is fully controlled by blockstream right now.       
Some altcoins are scams, but some aren't, and some altcoins are better than bitcoin.         
   
Bitcoin can't keep riding on first movers advantage forever, especially not if this infighting continues.   

We have many enemies outside bitcoin, and we should focus on beating them, but right now bitcoins greatest enemy is the bitcoin community.

So you are saying there is Fear Uncertainty and Doubt?  Omg! What should we do?  Should we run around being idiots on forums and r/btc, or should we just let the active developers that are ACTUALLY spending their time working on bitcoin and learning about the technical details take care of things?

Do you think when Satoshi said "decentralize" and "secure" he meant, "Let all the ignorant people that are too ignorant to read the supporting literature drive the project into the ground"?

I feel like by those words, especially "security" he meant, I'm giving the keys to the project developers, don't give the keys to the ignorant idiots.

[DoomDumas]

Bitcoin is backed by a real big team of experimented peoples, this is not only the first, but by far the best crypto from the begining to now.
already widely used compared to any alt, known, compared to any alt, and with real devoted genius behind the scene.

I dont think any altcoin will never replace BTC !

sorry guys,

Have a nice life !

[dinofelis]

Do you think when Satoshi said "decentralize" and "secure" he meant, "Let all the ignorant people that are too ignorant to read the supporting literature drive the project into the ground"?

I feel like by those words, especially "security" he meant, I'm giving the keys to the project developers, don't give the keys to the ignorant idiots.

Quick !  We need a King by the grace of God !  

A Good and Wise King that knows what is best for us, ignorant People !

That's what decentralization is about: desire for a King that Rules, Wisely and by the Grace of Satoshi, God.
A King that reads us his (new) Law !  To bring peace on earth and benefit to my investment !

[traincarswreck]

Quick !  We need a King by the grace of God !  

A Good and Wise King that knows what is best for us, ignorant People !

That's what decentralization is about: desire for a King that Rules, Wisely and by the Grace of Satoshi, God.
A King that reads us his (new) Law !  To bring peace on earth and benefit to my investment !

I makes complete sense that a faction of idiots would try to break the very safeguards that are securing their freedom in the first place.  That's what the whole problem Satoshi solved is, how to stop the ignorance masses from shooting themselves in the foot.  So far he's done awesome and core has held strong.

[ibuddy122505]

I don't think so. The potential of Bitcoin is still there an majority of the world's population does not even know what cryptocurrency is yet. Even if Bitcoin existed for many years now Bitcoin still has an increasing in demand, to prove it to you it always recover every time it goes down, just like last year when it got down to 500$ but now we are not even done with the 1st Quarter of the year it had reached the 1200$ level. Seeing a price action this big shows that Bitcoin still has a potential to grow.

I agree with you. About the future of the Bitcoin, still it's good demand and dominated other crypto industry strongly. Following the other currencies market or compares, someone really good, but major currencies are Bitcoin also extremely potential power for over come into difficulties.

[SvenBomvolen]

In the future，BITCCOIN Will also continue in the position of the virtual currency system Ranked first?

Although most of the virtual currency acquired from BTC the original design, but the virtual currency would significantly more than BTC development.

The intelligence of the ETH contract, for example, the DASH of pos node development are far more than BTC

And BTC is now facing a simple Blockchain congestion problem

In the future, all kinds of virtual currencies rise, BTC will in no. 1?

Please friendly to your comments.

I said the wrong place please correct me

My English is not very good, I'm sorry

You make good points.  Bitcoin still has potential because it is the first mover, but it is quickly losing ground to competitors.  I feel a lot of people here are in deep denial about what is really happening, but I am still hopeful.

Yes bitcoin is just the first in this area of crypto currencies and I will be not surprised to see something like Bitcoin 2.0 in nearly future. If the fork will happen maybe it will change everything that we used to count normal about bitcoin. But as I love to say - the time will show.

[QIAOHEAN]

 ;DNo virtual currency can replace the BTC leader position, no one, please forgive me is an enthusiast，Wish you a happy life, my Pal

[jonald_fyookball]

We are having a tx jam right now, so by not increasing the blocksize limit, Blockstream/Core either have absolutely no idea what they're doing, or they're just pricks blatantly lying their asses off.

They want full blocks and a fee market because the block subsidies are diminishing.
We'll only be mining 112.5 new bitcoins a day in the year 2036, so obviously that's more
important than making sure the network runs smoothly today.
 
We don't want to attract as many users as possible so that by the time fees become
important, there will be massive transaction volume.  Instead, its surely better to just make fees expensive now
(doesn't matter if the competition has cheap fees).. because we need to establish
this fee market, you see... and get people used to high bitcoin fees.  
in the future we'll be able to get more users or just jack up the fees even more.

</sarcasm>

[target]

There are just too much good coins these days and are very innovative than BTC.
BTC however still may continue to be the number one because of its adoption, everybody knew about BTC and all these people probably never heard of Dash or ETH which is only familiar to people in the cryptoworld like us. I have been here in the forum for years and I don't hear anything about Santiment actually which ICONOMI had invested. Certainly BTC is on the losing side, they have to do something to save it or we lose satoshi.