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Author Topic: If BTC really survives over the next days...  (Read 5739 times)
jtipt
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May 18, 2017, 12:32:13 PM
 #41

...it will prove it's the king of crypto
Wait, so it isn't? I mean it's very clear that Bitcoin IS the current King of crypto's, I mean just compare its market cap with other crypto's its around 10 times more. If BTC survives over next days, which it most likely will, I will just continue being the king.

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May 18, 2017, 12:38:30 PM
 #42

Why would bitcoin not survive over the "next days?"

Of course it will survive.  It may go up, it may go down, transaction fees could increase again, we could have 1M waiting transactions.  But it will still survive it.

Eventually, this block-size debacle will be solved, and it will be behind us.  One way or the other.

And, long term, I think bitcoin value will continue to increase (though I expect there may be some wild pull-backs at times).

I mean, what else are you going to do, put your money in a savings account in a bank?  It's FDIC insured, right?  LOL.
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May 18, 2017, 02:11:47 PM
 #43

It will survive. I am sure of it. Too many people use it for it to go away. It just needs some updates done every so often to make it more useable.



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May 18, 2017, 02:32:28 PM
 #44

Why do people keep using market-cap either as defense or as an attack on measuring importance/viability of a coin? It's by far the most misleading metric! Especially with all the launches with only 5% of coins for sale, leading to an instantly huge market-cap.

Why not use number of transactions? Or number of merchants accepting a coin? Maybe the number of unique addresses used?

Using any or all of these metrics also shows the massive gap there is between BTC and any other coin ...

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May 18, 2017, 02:37:33 PM
 #45

Why do people keep using market-cap either as defense or as an attack on measuring importance/viability of a coin? It's by far the most misleading metric! Especially with all the launches with only 5% of coins for sale, leading to an instantly huge market-cap.

Why not use number of transactions? Or number of merchants accepting a coin? Maybe the number of unique addresses used?

Using any or all of these metrics also shows the massive gap there is between BTC and any other coin ...

Generally I think people are lazy to read other numbers they cannot see directly from the details of the coin. All they see are the easy information and they decide from that. There are a lot of coins that have so much market cap but they just die, because no one really uses them. Bitcoin, compared to others, is the most used coin, which translates to having real value than other coins.

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May 18, 2017, 02:38:20 PM
 #46

...it will prove it's the king of crypto

That Crown has been rusting for the past few months.
Now BTC Dominance: 48.6%  down from almost 88% in Dec 2016.

It is a economic paradigm shift in the digital world.  People will recognize it or be crushed by it.
Their call.




╥AztekPhoenix

Only braindead idiots still didn't catch up with the facts: The BTC Dominance ratio is fucking stupid because it means nothing. BTC is only higher everyday, how can you call it dead?

The BTC Dominance ratio is rigged

https://medium.com/bitcoinfoundation/the-bitcoin-dominance-indicator-fallacy-2b11093869d4

Anyone can pump and dump a premined coin and call it a day, big fucking whoop!

This is exactly what we are seeing right now with the ripple scam. a 100% premined coin is getting pumped and it's #2 marketcap. This means BTC is losing dominance? Nope, it just means a centralized scam that doesn't even have a blockchain is getting pumped. Who cares?


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May 18, 2017, 02:47:43 PM
 #47

This will be a very much anticipated thing. Anyone who knows bitcoin today would want bitcoin to be a recognized currency.
Not offcially, but to the extent allowed and supported all things related to bitcoin.



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May 18, 2017, 03:33:28 PM
 #48

We have survived much bigger hurdles than a few scaling problems. After MtGox, people thought it was the end of Bitcoin and guess what... We

survived.  Roll Eyes .... People thought Silkroad and drugs were the only thing that carried Bitcoin volumes and guess what... They were wrong.  Wink

We will not go down without a fight... and there is a lot of fight in most of us.  Grin

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May 18, 2017, 03:41:24 PM
 #49

hard to know. There are more than 200000 transactions unconfirmed on the blockchain and it is not very good, People will get insane about their money keep getting pending like that. Bitcoin is driving people crazy and more people will give up on Bitcoin. Maybe it is time for another altcoin to rise

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May 18, 2017, 03:47:15 PM
 #50

hard to know. There are more than 200000 transactions unconfirmed on the blockchain and it is not very good, People will get insane about their money keep getting pending like that. Bitcoin is driving people crazy and more people will give up on Bitcoin. Maybe it is time for another altcoin to rise
its seems that the more its been stuck the more the price/value is moving up so fast, might be possible those freeze coins are
making people really mad and shaken coming from their investment, but it will survive since there's a lots of things already
happen and bitcoin still surviving.

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May 18, 2017, 04:31:43 PM
 #51

hard to know. There are more than 200000 transactions unconfirmed on the blockchain and it is not very good, People will get insane about their money keep getting pending like that. Bitcoin is driving people crazy and more people will give up on Bitcoin. Maybe it is time for another altcoin to rise
Bitcoin will survive! once we get bitcoin scaling issue resolved, everything will go smoothly. the only question is when are we going to get solution to scaling problem. i'll always be a bitcoiner, i'm not going to take chances on altcoins.

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May 18, 2017, 06:19:35 PM
 #52

Ha Ha Ha. Another BTC obituary, probably number 100000000000 so far. Oh yes, it will survive. Not only that, we ll see $2k quite soon. Once we finally get SegWit, we ll see $3k.

Just be patient and get as much coins as possible. This is a once in the lifetime opportunity.
Tell that all you want day and night as it wont matter because only the smartest take note of it.
I'm begging every body I know to not just give me the money so I can buy Bitcoins but they do it themselves because they're my family and friends and I want to them rich and successful but all they do is hesitating and doubting even now. but one thing that is people like that wont buy any coins even if price goes back to $800 because some people are unable to see what a good opportunity is or maybe they just don't deserve this chance.


It never ceases to amaze me how shortsighted people are and don't get this simple truth. Its called the big picture.

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May 19, 2017, 12:39:36 AM
 #53

Bitcoin will have many more problems moving forward. The community will get better at solving them too. Dont make too big of a deal out of this incident.

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May 19, 2017, 12:42:55 AM
 #54

New ATH: >1.900 USD

 Wink

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May 19, 2017, 02:21:22 AM
 #55

I still find it amusing how some people are still panicky with bitcoin. I mean, if you bought them below $100, I'd expect you to be unfazed even if the price drops by half today. Grin

I might sound extremely optimistic but as of this moment none of the alts seem to have a large enough saturation as bitcoin and many don't really offer anything new. It's telling that they are still valued in comparison with their price in bitcoin.

Wouldn't worry too much about BTC staying at the top. What does bitcoin have to be scared of? XRP? It's already going down massively today 17% down and that's only the beginning.

I just bought some xrp yesterday....   Grin
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May 19, 2017, 03:33:53 AM
 #56

Bitcoin will survive, is the king and will be..  This is just noise.. Bitcoin may face much more challenging issue in the years to come..
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May 19, 2017, 04:14:37 AM
 #57

...it will prove it's the king of crypto
a surviving crypto over the next days will be king? btc, eth, xrp can do that and they have no signs of death. I think that can't be a standard for the title of king. who knows when bitcoin will also have many problems even today many people complain about slow and expensive bitcoin transactions.

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AjithBtc
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May 19, 2017, 04:19:10 AM
 #58

...it will prove it's the king of crypto
a surviving crypto over the next days will be king? btc, eth, xrp can do that and they have no signs of death. I think that can't be a standard for the title of king. who knows when bitcoin will also have many problems even today many people complain about slow and expensive bitcoin transactions.
What's been mentioned were the problems that got arose long back itself. One thing that gives the perfect growth is the adoption of bitcoin. Though there are negative statements higher than positive statements for bitcoin the adoption keeps counting. This surely make the bitcoin to survive long without death.



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MiguelTheMVP
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May 19, 2017, 05:19:40 AM
 #59

...it will prove it's the king of crypto
Bitcoin will never die. Bitcoin will be always the king of the cryptocurrency and no altcoins can beat bitcoin. Because of the power that the bitcoin have, it is the always no.1 cryptocurrency.

lighpulsar07
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May 19, 2017, 05:49:45 AM
 #60

...it will prove it's the king of crypto
well it already proved that btc is still the king of crypto why? bitcoin is still dominating and holding 50 percent of the whole market capitalization of cryptocurrencies despite of it's issues regarding scaling, spam attacks and the increasing miner fees. although it's quite alarming that bitcoin's dominance are reducing time to time i think it's time to solve the issues and make bitcoin great again

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