Bitcoin is gonna die soon!

[ekoice]

Lots of obituary notices seen already.No more please.You guys just need a reason to say bitcoin is going to die.Atleast try to find a valid reason to say that.Bitcoin is not going to die but the altcoins could.

[1714156191]

1714156191

[talkbitcoin]

Lauda, you're a joke. Btc can't even transfer money.  Can't due instant payments. Can't combat the double spend scams and will never be updated to increase capacity or resist quantum computing. Not to mention the problems that will come in the future do to the laws of the universe governing decay....

Even if confirmation is slow it can still transfer money. Even if there isn't instant payments people will still trust bitcoin and they're sure that eventually it will be confirmed and arrive in their wallets. Even if there is the scaling issue bitcoin will continue to move forward. And like what lauda said, goodluck hope you won't be just a bagholder of an altcoin in the end.

whenever i see people complain about "risks" of double spend and "incapability" of bitcoin to do instant transactions and "confirmation time" and... the first thing that comes to my mind is the real merchants that i have seen or read about.

for instance there was a guy owning a food truck who started accepting bitcoin last year. after a while when he was updating us he said "i have never had to worry about double spend and nobody scammed me and i saw a lot of interest in bitcoin from a lot of different people".

[thesavoyard]

Good luck when btc crashes. I think it should reach 1 million unconfirmed this year. Hope the douche bags in this community are still holding btc.

[thesavoyard]

I found a book that can help you brand loyalists understand.

https://books.google.fr/books?id=mJPNCwAAQBAJ&pg=PT121&lpg=PT121&dq=bitcoin+double+spend+victims&source=bl&ots=6rR0BGcOr4&sig=US3VaiDfwxu1060TJji4O8udnPA&hl=en&sa=X&ved=0ahUKEwjQ5vb5ne_TAhXGnRoKHbu_AkkQ6AEIPTAJ#v=onepage&q=bitcoin%20double%20spend%20victims&f=false 

[talkbitcoin]

Good luck when btc crashes. I think it should reach 1 million unconfirmed this year. Hope the douche bags in this community are still holding btc.

thank you very much for worrying about us idiots and also thank you for warning us out of the kindness of your heart.

kisses

[alexsandria]

The issue with delayed transactions that consequently drove up transaction fees is definitely very real but not something that would 'kill off' BTC. The issue has been ongoing for a while now and yet in that time (after the BU saga) the price has still soared and reached a new ATH.
Something tells me OP is wrong....

Yep. Slow transactions will not lead the bitcoin to die in our days because as we know there are many times that bitcoin die and bitcoin will gonna die but somehow we always find ways to revive it and solve the problems. There are many problems of bitcoin butost of that problems are not let it to overcome the reigning era of bitcoin because bitcoin is stronger.

[Zicadis]

I like scenario 3, it just sounds practical as Bitcoin transaction will become less and less when bitcoin transfer fees and prices keeping soaring even the so called network spammers will not bare the cost and we shall all be forced to just hold our coins.

Thus BTC would become a sort of digital asset, with no actual use as a payment system

BtC becoming a digital asset would actually pave way to other altcoins to take over the payment system which would also provided a permanent solution to bitcoin scalibilty.

[Dark city]

no it is much better because when we sending a money to any other country through bank it take days to complete the transaction and the fees of bank is also is very high compare to bitcoin. 

[xuan87]

Bitcoin still in dominance, it is true that bitcoin got problem with high fee and slow transaction, but alt coin is not an option because there are not a lot of businesses that accept alt coin and most of the people only using alt coin to trade and bitcoin price is still stable and no alt coin can replace bitcoin yet, so for bitcoin to die it still need many many years and there is a chance that bitcoin will never die

[Anonymouskey]

all your scenario are very negative . thats why  i cant vote  

[iram3130]

no it is much better because when we sending a money to any other country through bank it take days to complete the transaction and the fees of bank is also is very high compare to bitcoin. 

Yes, still, but it's raising and it's like bribing to the Miner to fasten your transaction.
In my opinion, Bitcoin is becoming a digital asset, like gold is a physical asset. We buy them, we store them for our future and we'll hope that rate will get better.

[Lauda]

for instance there was a guy owning a food truck who started accepting bitcoin last year. after a while when he was updating us he said "i have never had to worry about double spend and nobody scammed me and i saw a lot of interest in bitcoin from a lot of different people".

Why would someone in their right mind double-spend a in person transaction when they are likely on some video footage at the merchant? It's nonsensical.

Good luck when btc crashes. I think it should reach 1 million unconfirmed this year. Hope the douche bags in this community are still holding btc.

Go back to the shitcoin forums that you've crawled out; Maybe I should start exposing the truth about Zcash and Dash scams.

Bitcoin still in dominance, it is true that bitcoin got problem with high fee and slow transaction
-snip-

This will happen to every single altcoin if they have a fair amount of usage (hint: They currently don't).
Most of the remaining posts are spam.

[Dark city]

no it is much better because when we sending a money to any other country through bank it take days to complete the transaction and the fees of bank is also is very high compare to bitcoin. 

Yes, still, but it's raising and it's like bribing to the Miner to fasten your transaction.
In my opinion, Bitcoin is becoming a digital asset, like gold is a physical asset. We buy them, we store them for our future and we'll hope that rate will get better.

yes i know that it is used as asset but along with that it is also used as a currency. you can see many company has adpoted btc as a currency for their clients and it is because almost all of the users of bitcoin like to use it instead of fiat.

[thesavoyard]

 You mean unfounded accusations based on emotional rantings of a bipolar idiot? Go for it. Dash is doing what is says it will, zcash is slow but can be used in Saudi Arabia and Iran. Still faster than bitcoin though.

[~Bitcoin~]

Bitcoin is gonna die soon because of too high fees and too slow transactions. It is becoming a very bad quality payment system, with no relevant pros in using it.

Just wait till Segwit and LN will be activated on bitcoin than there will be no any delay for confirmation and fee will also decrease significantly.

[gloomboomdoom]

Bitcoin is and remains the standard. Other coins will find niches - unless another coin manages to achieve popular support by ease of availability and transactions.

The only danger I see comes from Ripple, but that's still far off with their top-down approach.

Interesting times!

[btccashacc]

This is not the first time i heard that bitcoin will be die people already said that some years ago even hundred times. I'm thinking the same thing with you op that these scaling issue might be killed bitcoin but the reality is bitcoin become more popullar my friends are talking about it right now even it's on headline due to ransomware virus well it goes viral and also the price was hitting the highest point in it's history. Talking about scaling issue i might agree with you that bitcoin transaction is very slow seems like annoying but i don't see people will leave it and move their assets to altcoins i don't know why maybe they trust it or something.

[khufuking]

Bitcoin will never die and people who is holding BU cards will fold very soon . If  BTC die that means every alt coin will follow and collapse because
 
when a royal flush ( BTC ) can not win a hand then not any other hand can win it   .  segwit will be activate and every thing will be okay it is only

matter of time I hope so .

[pearlmen]

High fees will not kill bitcoin by any means because so far I can get my transaction done after all with all the other advantages bitcoin I can still live with the high fees however, the only thing I will see as discouragement and not absolute challenge is the duration of time it takes for transaction to get confirm which now ranges from 3 to several hours.

[maryanti]

It may be that you say true because the price is getting higher and bitcoin miners will be reduced they will move to another altcoin which in their taste is quite cheap .. I agree bitcoin will be exhausted ... we'll see about bitcoin ..