What happened to the good old days of bitcoin?

[vodaljepa]

When you would send bitcoins and it would arrive within 30 minutes, also you would get excited when a new alt coin was released to see if you would be one of the first to get a whole bunch of them
The days when you got excited to read about new bitcoin news, now it's like an anxiety attack hearing all this chaos
The days when all we cared about was finding out who satoshi nakamoto is/was
And finally the days when we all got screwed over by Josh Garza or BFL
Bring back the good old days

[1715389463]

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[iamnotback]

Money ruins everything fun and turns it into conflict. Before we were just building things. Now we are fighting for vested interests.

The Bitcoin maximalism and this insatiable need for Bitcoin to dominate the world ended the fun. We stopped being focused on building many different things and having fun, and instead focused on warfare of "the one right way" aka "my way or the highway" aka "bend over and admit you're butthurt".

But its okay because we were changing the world. So it was all worth it. Right?

Satoshi died on the NJ turnpike recently. I am not joking.


Take deep breaths and say, "I can let go, I can let go, I can accept what is, I can enjoy diversity, I can take a poop now".

[LuanX3]

When you would send bitcoins and it would arrive within 30 minutes, also you would get excited when a new alt coin was released to see if you would be one of the first to get a whole bunch of them
The days when you got excited to read about new bitcoin news, now it's like an anxiety attack hearing all this chaos
The days when all we cared about was finding out who satoshi nakamoto is/was
And finally the days when we all got screwed over by Josh Garza or BFL
Bring back the good old days

You can still get the good ol' days if you placed more fees. It's much more expensive now, that is why people are really pushing those forks like Bitcoin unlimited or Segwith. I guess you could say that maybe this was the flaw of bitcon that satoshi never really imagined when he first made it. Or probably he knew about it but not really got a way to find an answer for it.

[gentlemand]

I'm just as riveted as I've ever been, perhaps more so. We're either on the verge of greatness or pissing every last drop up a wall.

[Minecache]

When you would send bitcoins and it would arrive within 30 minutes, also you would get excited when a new alt coin was released to see if you would be one of the first to get a whole bunch of them
The days when you got excited to read about new bitcoin news, now it's like an anxiety attack hearing all this chaos
The days when all we cared about was finding out who satoshi nakamoto is/was
And finally the days when we all got screwed over by Josh Garza or BFL
Bring back the good old days

People and corporations have move cold hard cash into cryptocurrencies. They have positions to defend and promote.

[Andre_Goldman]

Money ruins everything fun and turns it into conflict. Before we were just building things. Now we are fighting for vested interests.

The Bitcoin maximalism and this insatiable need for Bitcoin to dominate the world ended the fun. We stopped being focused on building many different things and having fun, and instead focused on warfare of "the one right way" aka "my way or the highway" aka "bend over and admit you're butthurt".

But its okay because we were changing the world. So it was all worth it. Right?

Satoshi died on the NJ turnpike recently. I am not joking.


Take deep breaths and say, "I can let go, I can let go, I can accept what is, I can enjoy diversity, I can take a poop now".

I would say that J. Nash's "Alma Mater" is cool ...

Regards to the topic and Nash Equilibrium reminds me his criticism to Adam Smith theory about the 'individual ambition' ;-)

...and that movie scene 'Beautiful Mind' https://www.youtube.com/watch?v=2d_dtTZQyUM

 

[piloder]

When you would send bitcoins and it would arrive within 30 minutes, also you would get excited when a new alt coin was released to see if you would be one of the first to get a whole bunch of them

If you pay enough fees, you can get confirmation within 10 minutes now also but fees has grown significantly in terms of both bitcoin and fiat.

In past alt coins used to get released without any ICO but these days almost all of the alts are collecting funds from ICO and running away after crowdsale is over.

[JanpriX]

It is all about perspective and how you see BTC nowadays. But I agree with you that the fun that we have before is fleeting away. Right now, I must say that having bitcoin is a lucrative hobby because of the high transaction fees that we need to pay just to get it confirmed within the hour. Big corporations saw the potential profit that they can make out of BTC and the outcome is that they positioned themselves in the community. Altcoins are turning scams left and right. The good old days of BTC is indeed fleeting away.

[btvGainer]

When you would send bitcoins and it would arrive within 30 minutes, also you would get excited when a new alt coin was released to see if you would be one of the first to get a whole bunch of them
The days when you got excited to read about new bitcoin news, now it's like an anxiety attack hearing all this chaos
The days when all we cared about was finding out who satoshi nakamoto is/was
And finally the days when we all got screwed over by Josh Garza or BFL
Bring back the good old days

Those were the days when bitcoin was less than a $100 but now it is more than $1000.If we pay high fee,we can still get same quick transaction.If you want btc price to rise,you should not mind high fee also.There is no other way of transferring the money where you decide the fee but that doesn't mean we become selfish and greedy when it comes to paying fee

[Coin-Keeper]

I'm still pumped and I have been using/holding coins for many years.  e.g. How can the "legal tender" thing in Japan not tend to help bust BTC wide open?  I really wish the "fork" thing would just be over with, either way.  Its a blast in here.  Sure wish I could go back in time when I grabbed some coins in 2011 and know what I know now!  Duhhhhh!

[Iranus]

When you would send bitcoins and it would arrive within 30 minutes, also you would get excited when a new alt coin was released to see if you would be one of the first to get a whole bunch of them
The days when you got excited to read about new bitcoin news, now it's like an anxiety attack hearing all this chaos
The days when all we cared about was finding out who satoshi nakamoto is/was
And finally the days when we all got screwed over by Josh Garza or BFL
Bring back the good old days

Those were the days when bitcoin was less than a $100 but now it is more than $1000.If we pay high fee,we can still get same quick transaction.If you want btc price to rise,you should not mind high fee also.There is no other way of transferring the money where you decide the fee but that doesn't mean we become selfish and greedy when it comes to paying fee

Paying a low fee is not being "selfish" or "greedy" it's just sending a transaction which miners can just not confirm for a long time.  The fee market is part of what makes the choice practical - you want a quick transaction, you pay a high fee.  The price rising is not what results in a higher fee, it's just that Bitcoin isn't scalable.  Litecoin, on the other hand, is more likely to scale (and this might help Bitcoin, really).

I wasn't here in 2013, but maybe people were just going too fast, if they were really hyped up.  Nostalgia is a terrible thing though, because it makes you see everything through rose-tinted glasses.  I doubt 2013 was quite as perfect as you remember.

[xuan87]

There are so many conflicts now, this is common thing actually, now people only think about how to earn profit, but there are also good improvement for bitcoin , more shop accepting bitcoin, more new user using bitcoin, more country trying to adopt bitcoin, so this is the process that bitcoin must go through in order to become stronger crypto currency

[pooya87]

When you would send bitcoins and it would arrive within 30 minutes, also you would get excited when a new alt coin was released to see if you would be one of the first to get a whole bunch of them
The days when you got excited to read about new bitcoin news, now it's like an anxiety attack hearing all this chaos
The days when all we cared about was finding out who satoshi nakamoto is/was
And finally the days when we all got screwed over by Josh Garza or BFL
Bring back the good old days

i don't see anything different to be honest. i am still receiving bitcoin within less than 30 minutes and when sending bitcoin i just pay a little bit more. even sending with 0 fee is still possible today!
the drama has always been a part of bitcoin from day 1 it hit the market to be traded. the debate these days has started long ago, i know it back from 2015. and other times there was a different drama and different anxiety attack because forum was filled with a lot more drama than it should be. today it is this, before it was other topics such as an exchange getting hacked, China doing some crap, some country saying something about regulating and license!, ...

and i am still getting excited about altcoins, they are the same miserable attempt as before and are still pump and dumps which means money for traders.

and still half this board is filled with who Satoshi is.

[ralle14]

Bring back the good old days

Imo blocks are getting mined faster after the halving, we're still getting fast confirmations. We just can't bring back the old days because there's always changes that are happening.

i am still receiving bitcoin within less than 30 minutes and when sending bitcoin i just pay a little bit more. even sending with 0 fee is still possible today!

Not sure about sending 0 miner fees is possible now that the mempool is always filled with tx that have large fees ,have you tried it? Could you show us a tx of yours if possible.

[Amph]

actually it was 10 minutes for me on average or less some times, not certainly 30 minutes, which is something you might get right now if lucky

i'm still interested in some bitcoin news, but since i was here my main interest was mining, i love bitcoin because of that too, if it there was no mining bitcoin for me would have been evalued 50% less

everything else was not that important, it's something that happened and we can make more interesting things in the future for bitcoin

[izanagi narukami]

As I know bitcoin getting advance so the problem getting complicated but bitcoin getting better from time to time.
IMO bitcoin are better nowadays as I see bitcoin value increased almost 6x when I knew bitcoin 2 years ago

[iamnotback]

Regards to the topic and Nash Equilibrium reminds me his criticism to Adam Smith theory about the 'individual ambition' ;-)

Agreed the murdered John Nash (aka Satoshi) is correct that we should not fight over the blonde, because we maximize our individual strategies in that case with a group strategy.

In the case of Bitcoin, Nash designed such that the whales have a crab bucket mentality w.r.t. any one whale being able to mutate the protocol and thus get an advantage over any other whale.

But I posit the mistake he made, is that I've shown the math that PoW eventually centralizes into one whale (or colluding set of whales) who can then at the point change the protocol and fuck over everyone else. Analogously, if one person was able to mathematically monopolize the blonde, he could force everyone else to take a second pick.

Game theory is complex. And Nash can make mistakes. He isn't perfect. Or perhaps Nash was just the symbolic face of Satoshi and not the one who made the actual PoW design.

[Herbert2020]

Imo blocks are getting mined faster after the halving, we're still getting fast confirmations.

blocks are being mined at the same speed as they were being mined since 2008. the protocol and how the difficulty is set and how blocks are found is the same so there will be the difficulty is adjusted every 2016 blocks making an average 10 minutes between new blocks.

[susila_bai]

When you would send bitcoins and it would arrive within 30 minutes, also you would get excited when a new alt coin was released to see if you would be one of the first to get a whole bunch of them
The days when you got excited to read about new bitcoin news, now it's like an anxiety attack hearing all this chaos
The days when all we cared about was finding out who satoshi nakamoto is/was
And finally the days when we all got screwed over by Josh Garza or BFL
Bring back the good old days

Getting transaction delay is due to the halving period of making it difficult level go up and due to heavy transaction traffic, the miners  are only picking the transaction fastly which are having high fees to gain the profit more. and about new altcoin as above one user told it that now the ICO are running for all new altcoins which is making very hard for investors to gain profit.

[DoublerHunter]

I think the good old days of bitcoin will just remain as a part of the greatest history of bitcoin. The transactions now are much slower than before and they didn't like the old days and the faucets only gives very small cents unlike in the old days that it is easy to earn bitcoin without spending whole day in front of our computers. Good old days will gets older and older and it will be just a memory or part of the history.