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Author Topic: another use case bites the dust (Open Bazaar)  (Read 832 times)
jonald_fyookball (OP)
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April 13, 2017, 04:36:56 PM
 #1

https://twitter.com/thee_wolf/status/849802746463047681

Holliday
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April 13, 2017, 04:56:50 PM
 #2

Beg your pool operator overlords to fix it for you!

If you aren't the sole controller of your private keys, you don't have any bitcoins.
BitcoinNewsMagazine
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April 13, 2017, 05:38:59 PM
 #3

Open Bazaar was DOA because it required shop owners to run the client 24/7 for their store to be online and take orders.

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Terminated.


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April 13, 2017, 05:45:07 PM
 #4

We know one of the reasons for this, i.e. deploying catastrophic software as a 'scaling alternative'.


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April 13, 2017, 05:53:03 PM
 #5

Open Bazaar was DOA because it required shop owners to run the client 24/7 for their store to be online and take orders.
That is right. Their decentralization had a price.

As much as I liked the idea of decentralized marketplace, but AFAIK OpenBazaar was never a very successful project.
They might blame rising bitcoin fees as the source of their unpopularity, but I doubt that introducing new altcoins payments will suddenly make this service much more popular


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April 13, 2017, 06:16:34 PM
 #6

I'm not Twitter savvy.  They're talking about OB accepting other cryptos, right?   Am I missing something else?  Is OB dead or something?   Never used it myself.

He definitely has a point.  Fees are killing bitcoin's utility as a currency.

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unamis76
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April 13, 2017, 06:24:02 PM
 #7

I think the question is more "why not"? Looks like the Litecoin dev team is available to help them...

Beg your pool operator overlords to fix it for you!

Unfortunately I think there aren't pool operators doubling as code contributers for Bitcoin. Or maybe there isn't any pool operator with a good/better idea to begin with.

We know one of the reasons for this, i.e. deploying catastrophic software as a 'scaling alternative'.

So Open Bazaar started to think about adopting altcoins because Unlimited released a botched/bugged update? Doesn't look like so.

I'm not Twitter savvy.  They're talking about OB accepting other cryptos, right?   Am I missing something else?  Is OB dead or something?   Never used it myself.

He definitely has a point.  Fees are killing bitcoin's utility as a currency.

That's correct. Open Bazaar isn't dead, there aren't many people using though, from what I can gather.
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April 15, 2017, 12:00:51 AM
 #8

OB is not like a company - it doesn't need to rise fast and keep growing. It all depends on the cryptocurrencies, if they don't make themselves useful then everything will disappear, not just Open Bazaar.

The good news is that there will be other currencies. If Bitcoin miners etc allow short term greed and politics to get in the way of the progress in the directions that most people want then thier currency will become obsolete. Fortunately it's not the only one.

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April 15, 2017, 12:10:05 AM
 #9

Openbazaar is one of those ideas that's going to float around until someone knocks it out of the park with the right approach and ideas. It could be years but the potential is waiting to be unlocked somehow.

In the meantime there's no way I'm bothering again. I couldn't figure it out or find a bleedin' thing.
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April 15, 2017, 12:15:58 AM
 #10

This is all because of high fees and delayed confirmations, you didn't think that people would actually come along with greedy miners to the end did you?
When you are not offering something people want you get tossed away to the trash and that's exactly people are doing and governments are taking away the system for themselves.
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April 15, 2017, 12:18:01 AM
 #11

Yeah I know what you mean. V2.0 will be along in a month or so and addresses many of the failings of 1.0 - there's a good team working on it. I think it will take off in the next year, so long as the bitcoin problems can be overcome, one way or another.

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April 15, 2017, 12:23:14 AM
 #12

This is all because of high fees and delayed confirmations, you didn't think that people would actually come along with greedy miners to the end did you?
When you are not offering something people want you get tossed away to the trash and that's exactly people are doing and governments are taking away the system for themselves.

Agree. I think some of them are still trapped in the idea that if they run a cryptocurrency it's like a normal currency, but people will only take so much crap and there are alternatives. The possibilities are amazing and a few short-sighted morons can't stop it, like they have done up to now.

But re. government, they can't really compete with open and free. They can only destroy things, that's all they ever do.

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